rarerely worked outside e home these women, once unseen us inocal subsistence economy ars inheoomingxport econy significant wages, anthave a mnarrator:nt lgwynne interviews many women to seeow lifs changed r th ahe. gwynne: ¿qué cambios hay para la mujer...? translor: what changesave cooromen inhiarea?ahora séque . antes no trabajaba mucho. translator: before, wonow they do.k. ¿cómo ha cambiado la vida familiar? translator: w s this chaed family life? ( speaking spanish ) translator: the man comes home at seven in the evening, when the woman isn't home yet. he gets up early anshe gets ulate. soamily feaseterio cause they aren't often togeer anymo. in some caseheas beenaps grea, greater separaon between meand women as a result, because aditioy this has been a machista society, where the men tend to ve very powerful roles narrator: inin general, hower, wmosteoe gwynne ierviewed favored the new opportunities. but just as family life has changed, robertwynne studies the wsele. in the regn's small towns. thalf a quick sfoe n thated pps but just as family life today, sigchange aed, although an abdanc

>> i think it could be bad for the econy. they have the merchandise and this is not going to affect thanksgiving shopping season and christmas most likely. but look at history. 1948 we had five million workers on strike and it crippled the economy. the taft hartley act brought back the boom. that is it breaking of the unions and created the boom that eisenhower had. if these union heads go forward. this could hurt the economy. >> tracey, you made the point about the retailers, it could hurt the consumer spending as well the economy needs that right now. and economist looking to the holiday shopping season to get big numbers out. >> cheril, i am a last minute shopper and i disagree that they have everything in for the season. stuff comes in down to the wire in so many small businesses if you don't have what i am looking for when i generally get out there, i am not buying it that hurts the over all economy. and look. at the unions what are you doing? people are dying for jobs and you are basic lie treating it like you throw it

government drop and they grow or the privateector grow and where you get the true growth for the the econy? >> exactly, brenda, yeah, you showed in the graphic as we opened up the segment, that caterpillar, in this environment, you know, with things like sandy going on and things would be for casting job growth and hiring people, but instead they're laying off people and yet a longist of companies on that and the reason is, they see a sour economy. >> why do they see a sour economy? >> government is growing bigger and stephan, about 24%, study after study has shown, as government takes ove a bigger percentage of gdp, it surely will, faster than perceived or forecast at gdp growth, it crowds out private investor and growth period in the economy, slower growth means fewer jobs, that's why you see the list we had at the beginning and why the list will grow longer as the weeks unfold. >> okay, tobin, the next four years, bigger government, what's it mean for the unemployment rate? >> well, brenda, you know, that if bigger government meant for more employment, california and france would have t

things one can do nationally and that is where examining but because we live in a competitive global econy where companies can move capital around and move their headquarters and move money around you need greater inteational agreement. we have an important international agreement with switzerland which is going to recover billions of pounds in tax for our country but we need to work hard and that is where the g-8 can help so we can get a fair share of tax from companies given that britain is doing its part to cover corporation tax to the most competitive in world. >> the prime minister rightly created the wonderful work of the london emergency service--could he share with me concerns of the lonn public to see the number that is threatened with closure and in particular my constituency and when he joined the company and agreed that it is not right to choose a fire station to close it simply because it is expensive land. >> this is an issue for the mayor as well as the governor. i look closely at what the hon. lady said. we all have to recognize the most important thing in terms of emergenc

the impact could have on the econy and what happened at the new york stock exchange that hadn't happened in 100 years. >>> the changing wa we deal with and learn about crises, the powers, krit pals of social media. the "wall street jrnal report" begins right now. >>> here's what is making news as we head in to a new week on wall street. a positive jobs report. the final one before the election on tuesday. the labor department reporting the unemployment kicked up in november to 7.9%. but 171,000 jobs were created in the month, well above expectations. numbers for the last two with months were revised upwards. an additional 84,000 jobs added for august and september new york's mayor michael bloomberg rang the bell on wednesday after a two-day shutdown because of super storm sandy. that's the fst two-day weather related shut down at the new york stock exchange since 1888. it was afirst slow day but there were no glitches the markets picked up steam. the markets fell on friday. stocks closed out october by eaking a four-month winning streak. the nasdaq had the worst october since 2008. auto

econy. lou: to you think that is the reason the mart is selling off? >> that is one. relating to the fiscal cliff, the market is very much interested in the manner in which might resolve the fiscal cliff. will it rely more on tax hikes or spending cuts to take that issue of? lou: something like that, would that work? >> i think it would. a very good chance, but i will add the market is very much concerned about what regulatory policies are going to of look like in the years ahead as they relate to energy. lou: the congressional budget fice renewed more warnings on the fiscal cliff. we will be hearing about that, by the way, every day from now until it is resolved. the united sates sees a half percent contraction in the economy next year if we go over the cliff. and it -- on a plan we will surge. what kind of idiots do we have in washington that would not have already resolved this issue before the election? >> i very much hope that will be the case. quite frankly, this latest slide by equity prices could prove to be quite beneficial if it prods washington into taking

that kind of attitude again and the real focus on moving forward, getting the job done including the econycreating jobs and i look forward to the opportunity 0 to lead the state. d vice president biden called to congratulate you. y democrats call you last night that of new that you would like to share with me? >> oh, you know, i got a lot o great calls and we have a lot of great friends here in new hampshire. it was a great night. >> you're not going to say who else, one other democrat that might have called? >> as i said, there were a lot of calls and it was just a reallys and supporters and talk people of new hampshire. >> governor-elect on your victory. the 2016 presidential race, i believe, has the p set yet? pretty close. thank you very much. >> thank you. take care. >>> the number oneg$ issue for this election was the economy. what are the markets going to do today? becky quick has a check on the markets. all right, becky, before the results came in>y yesterday you saparticular would be the first place we would see the difference in betweent an obama victory would have meant verse u

there's plenty of ways to make money, even in an obama econy. we have all the information you need to rake it in, even when they say it's not, it's always about money. ♪ >> starting off, oil and energy, hosting money from houston, i sat down for an exclusive one-and-one with the ceo and co-founder of ki in, -- kinder morgan. we focus on the future of the energy business and natural gas. this is what he said. >> we need to have a level playing field. we need to have, in the energy field, for example, we he just tremendous opportunities, particularly in the natural gas area. we got a game changer here. we got a fuel that's cheap, abundant, domestic, plentiful.g we ought to be doing everythingp we canlo to exploit that. melissa: fracking for natural gas?oded >> natural gas in general.e the shale plac which, of course, predicated to fracking, but the opportunities forrtun natural gas, you want to talk about response to climate change and reducing co2 emissions, thio is the golden key to open the door more than most renewables will ever be because yo

rowe ice, we understand the connectns of a complex, global econy.just one reason over 75% of our mutual funds beat their 10-year lipper average. t. ro price. invest with confidence. request a prospectus or summary prosctus with investment information, risks, fees and expenses to read and consider carefully before investing. gerri: attention taxyers, you could be on the hook for another ilout. the federal housing administration posting a massive 18 billion-dollar deficit, prompting fears that the agency could require a taxpayer baiut for the first time in its history. for more, we have a resident scholar at the american enterprise institute and former fannie mae vice president. welcome back to the show. always great to have you here. i can't get over the fact, you know, we saw this comi, it was like a freight train that was on the tracks for a long time. we are finally here. and i just can't believe we're going to have to bail this agency out. were there any other options? to absolutely. this could have been avoided. fha keeps digging the hole deeper

the same goes withhe econy. even as a last six months we start seeing the restart or the start of some financial liberalization which is very important, and i think in terms of, you know, reweighing economic growth that is happening a little, not too much, but certainly in the last year when the economy has slowed down they resisted another new stimulus. you know, the model doesn't last forever. but i still resist the notion that in the next five years it all comes crumbling down, because there are too many people the invested in the system, even those who aren't actually in the party ielf. >> i think the likelihood it falls apart in the next five years is very low the likelihood that growing pressure lead to actions on the part of the chinese party that are problematic, particularly for the united states and for those around them, that is much higher. they are not going to respond to us and i think that as you look at what china looks like, a monolithic party structure system and if you go to change high where