. >> chairman furman, welcome. both vice chair klobuchar and i appreciate your willingness to reschedule this hearing. i'm hopeful that you'll resume the long standing practice that chairman of the council of economic advisers testing before the jec. welcome today. we are all pulling for a strong recovery. too many americans of all ages and all races have simply given up hope of finding a full-time job. now, four full years after recession ended, while some parts of the nation are making progress, the current recovery remains the weakest among all post-1960 recoveries in every major measure of economic performance. generating a troubling, and we think dangerous, growth gap. while real gdp has grown by 10% since the recession ended, that's just barely above one-half the growth in average recoveries over the same period. producing a growth gap of $1.3 trillion in the economy. for families the growth gap hits home. real disposable income per capita has increased by a mere 3.7%. that's less than one-third of the 11.7%

furman, for being here. the last time a council for economic adviser testified before -- chairman testified before this committee was in october of 2009. so we thank you for coming close in to the time that you were appointed. i note that that month the economy shed more than 200,000 private sector jobs as it struggled to regain its footing. the exact opposite of what we just saw with the job gains from the past month of october and, in fact, we've now seen an average of 200,000 for each month in the last three months. i think we all know that we have come a long way, as this chart shows, since the beginning of the downturn. four years later, we are still adding jobs, not as many as we would like, as the chairman pointed out, but we have still seen 44 straight months of private sector job growth. 1.9 million private sector jobs just this year. in this time, 7.8 million private sector jobs have been created overall, including more than 2.4 million in the past 12 months. last month the unemployment rate was 7.

jason furman is chairman of the council of economic advisers. good morning. good to see you. >> good morning, chris. >> you're smiling. i guess you're happy with these numbers. is it about what you expected? >> you know, you're always happy when the economy is creating jobs. october was more confusing. as you said, you saw job creation but saw the unemployment rate ticking up. i think the thing that was clearest and most exciting to us in these data were that august and september were revised up. it now looks like we were creating about 200,000 jobs a month. so going into the shutdown, the economy was in a stronger place than people thought previously. >> as you well know, the white house put out a report ahead of today's jobs report and it found that the shutdown led to more than six million days of lost work, cost taxpayers $2 million in back pay for government workers and led to 120,000 jobs lost in the private sector. but then again, we find in today's labor report that there are 212,000 jobs added in the private sector. how do you sort of balance those t

whifr number you use, jason furman's news or the post. fewer people going with insurance or fewer people going to the doctor. what's your take on that relative to the white house says it's obama care. >> i've covered the area. it's economic and statistical hucksterism. it's slowed down spending across the world. the second factor is what the congressman alluded to. there's been a dramatic high deduct i believe insurance. >> obama care hasn't gone into effect. the vast majority ghost into affect next year. they have no significant impact on health spending. >> bob, i'll give you the last word on this to date. obama care, recession, what's responsible for the health costs. >> the congressman and avik just gave you all the reasons. i can't add to those. there isn't a single health care economist out there liberal or who's not assassinating them. most of us in obama care have the cadillac. i think they're a pie lot programming, i'm going to lose my respect for her. >> kesler. i've been working on kesler's tapes. he hasn't made a decision yest

. >> mark furman, thank >> thank you.xt guest, but for now, forensic pathologist, he knows as much about what happened on that november day in dallas than any other man alive. doctor wect, welcome, your position on the evidence is clear, you have made it clear over the years, you don't think oswald did it, you certainly don't think he acted alone. so i'm going to ask you the same question i just asked mark lane, who do you think killed president kennedy? >> okay, we'll have another hour some other time and talk about the forensic scientific evidence. who do i think killed kennedy? it was a group of people, three, four, five people, the cia, military industrial complex. they're not going to tolerate jfk any longer, the removal of the ground troops in vietnam, the events that are taking place in cuba. the cia was about to be dismantle by jfk. he got sick and tired of all the things that were going on. the cia was a separate government, geraldo, the assassinations and overthrows of government in iran, guatemala and chili, ir

today, jason furman, chairman of the economic advisors, published a report which tried to take creditnd price of health care. if you look, according to the report, the jason furman briefed us on moments ago, over the last three years, total national spending per capita on health care has risen at only a rate of 1.3% beyond inflation. that is much more moderate than at any three-year period since we began measuring in 1965. there's big debate over the source of the slowdown in health costs. some people attribute it to cyclical effects of the economic slowdown in general. other people attribute it in part to the changes from the affordable care act, and that's what jason furman was pressing, year-to-year price inflation in health care, the cost of specific health care services, is now running just 1%. and that translates into lower costs. if it is sustained for a private individual, for individuals buying health care and for the government, projected medicare and medicaid spending is now down 10%, according to cbo, by 2020, kelly. >> yeah. it makes you wonder why we even need the obama

jason furman said just this weekend, if you look at the biggest thing cutting our deficit over the median and long-term it is the affordable care act. is it going to save us money or cost us money. >> medicaid and medicare bone counters estimate with obama care the share of dprosz domestic product going to health care will increase throw hundred billion a year. not to mention. all of the penalties they will charge 5 million people. in reality that money will come from some place and will cost you and me that money in the form of higher insurance costs and the cries for more subsidies will result in higher taxes or a bigger debt. >> the most recent numbers that kathleen sebelius used last week in her prepared staples before congress werethese. 700,000 applications were submitted. that is different than enrollment. and 20 million uknock visits to date recorded to it healthcare.gov. >> will we see those bigger and impressive numbers? >> we should see the numbers in terms of who gets registered for health care. they will get the website up. and california is a big place as is new york state,

jason furman is chairman of the council of economic advisers. good morning.to see you. >> good morning, chris. >> you're smiling. i guess you're happy with these numbers. is it about what you expected? >> you know, you're always happy when the economy is creating jobs. october was more confusing. as you said, you saw job creation but saw the unemployment rate ticking up. i think the thing that was clearest and most exciting to us in these data were that august and september were revised up. it now looks like we were creating about

[ laughter ] and finally, this one is from white house economic advisor jason furman.oin opossumcare. wait, backspace, don't auto correct. delete opossumcare. please join opossumcare at opossumcare.corn." dot corn. [ laughter and applause ] maybe they'll get the hang of it. >> steve: yeah, they're getting the hang of it. i love dot corn. >> jimmy: it's all crazy. it's all crazy. you know, rand paul, the freshman senator from kentucky? well, he's in the news again. now they're saying that he actually plagiarized an entire section of his 2012 book "government bullies." yeah. when asked for a comment, paul said, "it was the best of times. it was the worst of times." [ laughter and applause ] i wrote that myself. with a quill pen, of course. this is pretty interesting. there's a new report that says ufo sightings are at an all time high because people can't tell them apart from surveillance drones. [ laughter ] and also because weed is now legal in almost half the country. [ laughter ] [ cheers and applause ] come get me! come get me! i'm going to go home, man! going to my

jason furman is the chairman of the economic advisers. reporter: there is a lot going on. jason is just the person to talk about it. >> it's great to be here in the studio. >> let's talk about the economy straight off the bat. we just got through the shutdown and the debt ceiling debate but we had some strong economic numbers. if you look at the month of october, you saw claims go up a lot at the beginning of the month. they started to recover but they still haven't recovered to back to where they were at the beginning of the shutdown. we'll see in the jobs number next week, the shutdown will have taken an unnecessary toll economy. >> how much of a toll? >> we estimated that the jobs number would be about 120,000 jobs lower than it otherwise would have been because of the shutdown. >> and is it still your belief after seeing claims come down and the ism this morning, which was very strong? >> the ism was strong. the american economy has a lot of underlying strength and we're going to be able to get back to that strength and if we have cer

and we looked at it back into a dozen three there really was not anything around furman selz.rom the breast cancer awareness movement that had been occurring at that time. the amazing steps that they have taken in actually educate women about breast cancer in the ability to actually go out and actively seek help. and we looked at the men's health there was that anything. quite frankly, i biliary ribbon on top of your lip is a great way to advertise awareness and conversation and get that going. adam: she went there, not me. thank you, congratulations. 147 million globally. 21 million right here in the united states. lori: it is a cool idea. really is. lori: let's check in on the markets. every 15 minutes. we're joined by jason. one hundred points on the dow. interest rates are much higher. all of this on the back of the jobs report. how is the market soared in and out? >> the interpretation is, you know, full steam ahead until the end of the year. people will not really worry about the budget deal until we get into the new year, 70 by january 15th, kicking the can down the roa

partly blamed his conviction, on the late "vanity fair" magazine writer, dominick dunne, and mark furman, made famous for the o.j. simpson trial. both men wrote best-sellers about the case and publicly pointed the finger at skakel. >> because of the atmosphere that was created, that really was the death blow in terms of him getting a fair trial. >> reporter: the state hoping to send him back to prison, is appealing the ruling that led to skakel's release. for "good morning america," ron claiborne, abc news, stanford, connecticut. >> our thanks to ron claiborne. >>> and joining us now, is michael skakel's cousin, robert f. kennedy jr. appreciate you spending time with us this morning. >> thanks for having me. >> i know you've been a long-time supporter of your cousin. what's your feelings him waking up a free man this morning? >> i'm really happy. i talked to michael. i was actually traveling yesterday. so i didn't get to see him, but i spoke to him on the phone last night, and i spoke to a lot of the family came together to see him. and he's very, very happy. you know, he's really inspir

again, that statement from jason furman, the chairman of the council of economic advisers. >> i think regardless of where you on on the political spectrum we all feel very fortunate and grateful that we live in the united states of america. it's a very unique place. and if america was considered to be a product come and we do try to sell our products overseas, what's our brand? and i think our brand is the constitution, the rule of law and our value system. and under that brand and under that value system there is that notion of equal under the eyes of the law. under that brand a value system is the aba and trying to elevate the rights of americans with disabilities. >> this is a treaty. a treaty is a law. it is the emotional and political arguments that are in favor of the treaty. no one can disagree with these arguments. but the question is will the treaty to have the legal effect that is being pro-offered by the proponents of the treaty? we don't hear citations of the tree. we don't hear consideration of the report, the concluding observation. we don't hear the kind of legal analys

with jason furman, chairman of the council of economic advisers. you can see it live starting at 2:30 p.m. eastern on our companion network c-span3. pentagon spokesman george little give an update tuesday on the dod is released efforts to the people of the philippines. including the 250 marines on the ground and the expected arrival of the uss george washington. you can see the final briefing before he steps down, and other briefing from the pentagon, at c-span.org. here's a look here. >> leo? >> george, first, i guess on behalf of for score, thanks for putting up with us for all these years, and best of luck. >> thank you. it's been my pleasure. [laughter] >> and just, the question, you talked about the response to the philippines and also on budget. in utah called it about the cost of the response to the philippines? we been doing so much lately but how the military is not going to be able to do multi-ship responses and multi-pronged response is because of the budget cutback. is this something that we're not going to be diluted in the future, or

chairman and vice chairwoman, and it's a particular pressure for me to welcome chairman furman as he is from the city that i'm privileged to represent, and i can say unequivocally that new yorkers are very proud of you and the role played not only in this position, but in other positions in the administration to assist president obama in the economic recovery which led to 44 straight months of private sector job growth, the gdp of runs for ten straight quarters and housing is rebounding. the economic recovery shows resilience in strength, even in businesses and individuals who faced unnecessary uncertainty and harm because of the government shut down, and that fight that really hurt consumer confidence, saying that it's one of the lowest points it's ever been, and i'd like you to comment on this self-inflicted damage. how much do you think it costs our economy, and what other factors could slow and hold back our recovery? it was interesting in the testimony that you point the out that even with these manufactured crisises and slow downs, that our economic recovery was deeper and stro