greg valliere, and rena brouhar, nice to see both you. maybe this is another spring slowdown. we've seen job gains in january and february and a pullback and beginning of the year, gains and a pullback. ben bernanke even said maybe there's that pattern. why the slowdown in job creation? >> well i think that you saw an unexpected strong first quarter to be fair. the end of last year everyone was waiting to see what happened with the tax increases w deficit talks and we got over that and there was this sense of okay, things are booming, consumers are spending. if you look at the jobs numbers they haven't changed that much in the last few years. wages are not up. if you think about our consumer economy, 70% is based on consumer spending you can't have a sustained robust recovery unless people have more money to spend and that requires the unemployment rate going down so it's a chicken and egg cycle. >> greg, republicans jumped on this report, house speaker john boehner saying "the president's policies continue to make it harder for americans to find work. hundreds of thousands fl

joining us now to discuss, greg valliere of potomac research group.s for joining us. >> sure, we got the jobs report again for april coming out on friday. march was horrendous. we had added just 88,000 jobs. if we have a bad number will that start debate that has been going on in europe for years can you actually enact austerity measures at a time when the economy is struggling to gain traction? >> absolutely. i think the debate will intensify greatly if there is soft number on friday. look at gdp last friday. a weaker than expected number, lower than the quarter before, largely because of washington because we're cutting spend drag mat i canly. ashley: that brings up exemptions as we mentioned in the intro to this. the faa being furlough on air traffic controllers brought to an end on congress. who is next in line? how does that play out do you think? >> i think there is big focus on nih, national institutes of health which are doing lots of tests. cancer patients who are involved. american cancer society issued a very strident comment a day or so ag