furman is was the policy adviser for obama for america.d government at harvard university and economics as well as ms in economics from the london school of economics. i am so honored today to invite mr. furman here, and he's come to a wide range of research said he is the person who can set the stage for the dialogue today. >> good morning, welcome. >> thank you so much for that introduction and for really putting the cities at the heart of our discussion about the u.s. economy, its economic recovery, and its economic future. we are at a moment right now when the united states economy is the envy of many around the world. while you see trouble in many countries around the world come in the united states we have had 55 months of job growth. the pace of job growth is picking up. the unemployment rate is falling as merely the fastest rate that it's fallen in 30 years and our growth rate is picking up. at the same time we are seeing some of the first signs of wage growth for typical workers although it is still only just above inflation and n

mark furman is a former l.a. police detective and he joins me now.rk, good to have you with us here tonight. >> thank you. >> there has been so much tension that surrounded this case and a huge story broke on the front page of the "new york times" over the weekend. you say when you look at the details here, it talks about a struggle that happens inside the car. it claims in this piece that there were two shots that were fired inside the car, and that that substantiates the claim by darren wilson that there was some kind of struggle within that car during which he feared for his life. what do you make of all this? >> well, martha, when you look at this, and you have to tactically set the stage. darren wilson is working a one-man police vehicle in uniform. he is about to exit to confront two suspects, brown and johnson, that he wanted to contact and talk to, whether he knows about the strong-arm robbery or not. he is thrown back into the vehicle, and once brown enters that vehicle through the window, he is pinning the officer down, and this evidence, f

furman was the economic policy advisor for obama for america. furman who earned his ph.d.economics and ma from government from howard university in economics as well as an ms in economics from the london school of economics. i'm so honored today to invite mr. furman here, and he's conducted a wide range of research. so he is the person who can set the stage for this dialogue today. good morning, welcome. >> thank you so much. >> thank you so much for that introduction. and thank you for really putting cities at the heart of our discussion about the u.s. economy, its economic recovery, and its economic future. we're at a moment right now where the united states' economy is the envy of many around the world. while you see troubles in many countries around the world -- in the united states, we've had 55 straight months of job growth. the pace of job growth is picking up. the unemployment rate is the falling at nearly the fastest rate it's fallen in 30 years. and our growth rate is picking up. at the same time, we're seeing some of the the first signs the wages for typical wor

i asked jason furman about that. nothing has been passing in recent months. democrats in control of the senate. what prospect is there for some of these and and -- these initiatives? he mentioned specifically tax reform, business tax reform. there is an opportunity, shared ideas that both sides can agree on. so many details stand in the way. will be a heavy lift. that is one area he mentioned specifically. >> peter, stand by. we will speak to you shortly. the former governor is a professor of economics at the university of chicago's school of business and he joins us live. professor, welcome. thank you for your time today. >> great to be here. >> president obama is expected to point out the united states is showing more economic progress than other nations. that message not seem to be resonating with americans on main street? true we are showing some progress. i think the reason is the unemployment rate is not showing the full amount of stress american workers are feeling. 6.1% is not that high. if you look at broader measures of unemployment, jenny allen and

i want to bring any jason furman.hind the numbers and are we to believe these numbers are sustainable? >> we're seeing aen economy that is strengthening and strengthening at an increasingly rapid rate. the decline in the unemployment rate is nearly the fastest pace we've seen in 30 years. a year ago, people didn't think we would see an unemployment rate with a 5 in front of it until 2017. i didn't think i would see it in this administration. but it's here. it's here now. and, you know, it's because the private sector is really generating a lot of job growth. the government is not getting in the way with the type of fiscal uncertainty and fiscal contractions that were holding back the economy before. >> there does still seem to be a bit of a distinguish. despite the good jobs numbers. good job numbers all year. the nbc wall street journal poll show that 53% disapproval of president obama's handling of the economy. >> i'm not an expert in polls. when i look at measures of consumer sentiment they're about as strong as th

carolina is hosting furman today, upper 70s to near 80 degrees. big one in norman today. wildcats.ratures in the 60s. this will be a tough one. >> i know. luck has been on your side lately. luck counts. >> rooting for the tribe here. home coming weekend. >>> question here, would you call this a birdie, an eagle? golfers, pay attention. is that a vulture? >> just a few feet away from getting the ball in the hole. only thing stopping him? yeah, you've got it, a bald eagle, kicking the ball around, then takes off with -- >> the eagle just took my golf ball. i don't think he's going to get that back. >> is there a penalty stroke for that? >> this morning, what may be one football team's play of the year. the high school's incredible show of sportsmanship for ♪ they may not be the most handsome of body parts. yet, there they sit on the sides of our heads. for the world to see. but what happens when they stop hearing? should we stop doing? should we stop living? not today. esteem. the hearing implant. ♪ >>> right now, the best buddies challenge is under way in the that'right. it includes

jason furman, chairman of the president's council with economic advisors. great to have you back.elcome. >> good to be here. >> it's a good number. the market likes it. a lot of reasons to be encouraged. what do you make about the lack of any evidence that wages are on the rise? >> first of all, i want to take a moment on the fact that, if you asked me, i wasn't sure we would ever see an unemployment rate with a 5 in front of it during the obama administration. you look last year, most forecasters were saying we had to wait till 2017 to see this. this unemployment coming down at nearly the fastest pace in 30 years is really good news. there is still a challenge translating those gains for people. wages are that biggest challenge. they bounce around from month to month over the last year for production in nonsupervisory. it's grown more quickly than the year before that and more quickly than the year before that. you are seeing a trend affirming wages we need more wage growth, no doubt about it. >> services, obviously, making up the lion's share of the jobs created. manufacturing r

i am so honored today to invite jason furman who has conducted a wide range of research said he is a person who can and set the stage today. >> good morning. >> thanks so much. >> thanks for that introduction and for putting cities at the heart of our discussion with the economic recovery and economic future. with the united states economy with around the world we see trouble in many countries around the world in the united states we have 55 months of st. job growth. and is falling at the fastest rate in 30 years. and the growth rate is picking up. at the same time we see wage growth that is just above inflation but not enough to make up. is this so long lasting impact than the growth of just guarded to pick up in strengthen? and that is our nation's cities. and as to why this recovery was different from others? what you hear is growing out of a financial crisis is more difficult than ordinary recession because households leverage up businesses and it is a long and painful process. surely there is part of it that with our analysis the single biggest factor that differentiates from th

. >> sure, i'd like to start by thanking furman for having us here tonight. south carolina, i want to introduce myself again on who i and with a makes me the best candidate in my opinion. young father, young husband and small business owner this state a short number of years ago in poverty, homeless. nothing but a truck, strong work ethic and a dream to business. now i'm running for governor because i believe that a can bring you the freest state in the nation. everything that i talk about is that.to be based on does it make you free economically, and does it make you free socially. the question, i am not for south carolynians paying for this. is the federal government and their broken immigration policy. this does not free us continuing toy take on people that we cannot support. coming toabout people this country legally. coming hereut their with their kids. >> judge, same question. >> thank you. would oppose trying to educate illegal immigrants. we simply don't have the to educate our own children. if you look at the reason scores for south carolina schools

jason furman and of course, you can watch the president's beach as well.is usually about 25 minutes late. that will be streaming on bloomberg tv plus on your tablet . you can watch us on any device because it is 2014. coming up, the magazine focuses on one of the area's largest towns. connecticut. stay with us. ♪ >> stocks falling more. this is a today, the dow down more than 2%. falling 100 points again today. s&p also in the last two days. s&p, by the way, headed for its first cluster day decline of the entire year. as depressing as it sounds, we are almost at the end of this year. the european market close looks even bloodier than the trade at the close, remember these stocks are closed now, down 2%. the 40 closing down 2.8%. investors were not impressed with what they heard from mario draghi. buying asset-backed securities and a number of other assets, but maybe not enough here they do not think that will be enough to revive the economy. now the economy is doing fine in certain parts of the country, including connecticut. forget mass media, when the av

furman, we discussed cities conditional report. to my last day of dr. michael pagano who is the dean of the college planning a public affairs at the university of illinois chicago. mike is the city co-author and misled the condition survey on report since the inception in 1986. to his left with ron green, the houston city controller and the second highest elected official and he and city government and its chief financial officer. comptroller green is on the national league of cities board of directors and brings a key local perspective to the conversation from the city cfo viewpoint. next to them we had dan white, senior economist and reduce analytics is responsible for covering state and local government fiscal issues. primarily focuses on work focuses on workforce, wages, pensions and infrastructure issues. to begin, mike, can you give us the context of this city fiscal position report and context of previous years reports? >> yes. this year as we learn from the presentation today, this was the first year we started to see cities begin to generate mo

this is a priority of the cities for many years and will continue to be and as chairman furman indicated, a priority of the white house. we are hopeful we can get it done this fall. giving cities the authority to get more money for basic services such as roads and police officers without costing the federal government a penny. the city leaders are the closest to the ground and the residents. we are not hundreds of thousands of miles away. 00s or thousands of miles away. we are there with them every day. we have experienced the same frustrations and challenges they do. the great thing about a mayor is when a resident complains, you have driven over that same pothole. we know on the local level what is best for the communities and what they need in order to grow and prosper. the items with we have outlined are simple. we are asking them to give us the opportunity to do what they say they want to do. make the investments and push them on a path to greater growth and makes the nation more competiti competitive. they work to help build better communities and places where the residents can thr

jason furman will join us. that's changing faster than ever, we believe outshining the competition tomorrow quires challenging your business inside and out today. at cognizant, we help forward-looking companies run better and run different - to give your customers every reason to keep looking for you. so if you're ready to see opportunities and see them through, we say: let's get to work. because the future belongs to those who challenge the present. big day? ah, the usual. moved some new cars. hauled a bunch of steel. kept the supermarket shelves stocked. made sure everyone got their latest gadgets. what's up for the next shift? ah, nothing much. just keeping the lights on. (laugh) nice. doing the big things that move an economy. see you tomorrow, mac. see you tomorrow, sam. just another day at norfolk southern. (receptionist) gunderman group is growing. getting in a groove. growth is gratifying. goal is to grow. gotta get greater growth. i just talked to ups. they got expert advise, special discounts, new tec

earlier on "fox & friends," mark furman was on to talk about the significance of where the body was foundd graham -- harrington case was very close to his mother. they're going to concentrate there and work out from that place. >> that's exactly what police have been doing. you can see from the aerial pictures just how difficult it is for search teams to even look down through these woods and then down and to get a sense of what might be there on the ground. the autopsy will be at the state medical office in richmond. not only determine a cause of death, but bring a positive i.d. there and figure out if this is hannah graham and if they can bring closure to this family even if it is the worst of news. >> these families, so many questions. >>> three minutes after the top of the hour. heather nauert will tie the news together. >> good morning. we were talking about ebola. the boyfriend of nina pham reportedly been hospitalized with symptoms of that deadly virus. health officials though are not confirming reports at this hour. pham remains in fair condition. she became infected while she was