jared bernstein, dan mitchell. and a footnote mitt romney will address the same group of editors and reporters here in washington tomorrow. >> ifill: still to come on the newshour, the jump in car sales; the muslim brotherhood fields a presidential candidate in egypt; help for small-scale farmers in east africa; and kentucky's winning strategy. but first, with the other news of the day, here's hari sreenivasan. >> sreenivasan: the battle over budgets came as republicans held their latest round of presidential primaries. mitt romney hoped victories in wisconsin, maryland, and the district of columbia would finally force rick santorum to step aside. santorum has insisted he is staying in the race. the next big date on the republican campaign calendar comes april 24, when six states vote. tornadoes hit hard today in north texas. the national weather service confirmed at least two separate "large and extremely dangerous" twisters near dallas-fort worth. by midafternoon, skies over dallas were as dark as night. as the s

jared bernstein and congressman kevin brady. mr.rady is vice claim of the joint economic committee. special programming note for tomorrow evening, the very outspoken former mississippi governor haley barbour will be here to visit. senate passes an $11 billion taxpayer funded, post office bailout, but the post office itself doesn't even want it. tennessee republican senator bob corker calls it generational theft. he is up next on "kudlow." zap technology. departure. hertz gold plus rewards also offers ereturn-- our fastest way to return your car. just note your mileage and zap ! you're outta there ! we'll e-mail your receipt in a flash, too. it's just another way you'll be traveling at the speed of hertz. >>> the senate passed what amounts to an $11 billion taxpayer funded post office bailout yesterday, but get this. the post office doesn't even want it. the postal service is losing $25 million a day, and our next guest calls it generational theft. it breaks the budget control act, and he wills a much better plan. joining us now to t

we want to bring in cnbc and msnbc con tributor jared bernstein. today democrats can say the unemployment rate is down and the economy is falling short of the growth, the expectations we all wanted. whose argument is the strongest? >> well, look, whenever you have a monthly anomaly like this, one smart thing to do is to try to figure out whether, in fact, this is the beginning of a new trend or whether it's a one-off blip in this case in the wrong direction. one of the things i did this morning, remember, march gives you the data for the first quarter of the year. >> uh-huh. >> and because of the noise you heard ron mention some of the statistical anomalies. those have to do with seasonal adjustments and the fact that this has been the fourth warmest winter on record. there you go. if you look at those monthly numbers you can see the deceleration at the end of the graph. i gave this to your crack staff 25 minutes ago and i appreciate they were able to get it up so quickly. if you look at the quarterly data, though, and you smooth out those monthly

here's to me is jared bernstein. he is a senior fellow in 2009 to 2011. most of it. the we will be discussing tonight, he was the chief economic adviser to the vice president of the united states. before that, he was at the economic policy institute, and earlier, at the department of labor. and last, in the middle, michael grabell, who has written a fabulous book, "money well spent." i strongly strongly urge you to read it. in the sunday review section of "the new york times", yesterday, he had a review, and we are very proud of his work. in this book, he has been a reporter for us since 2008. earlier, was a reporter at the dallas morning news. and he is also a finalist for the livingston award for a fine journalist. i would also like to thank my friend in the former lieutenant governor of the state of new york. thank you all for coming, and away we go. [applause] [applause] >> three years ago today, congress passed the american recovery and reinvestment act of 2009. it was about this time that the house had already passed a bill period we were waiting for senator sh

joining me is jared bernstein. jared, good to have you here.pleasure, alex. >> walk us through this jobs report and tell us what the numbers tell you. >> as you suggested, we were expecting a better report. but a lot of times our expectations are like looking in the rearview mirror. the last few months on average have been delivering about 250,000 jobs per month. so folks thought that we'd be kind of in that ballpark. the fact that we weren't doesn't mean that we are on to a new, slower, less favorable trend because one month does not a trend make. in fact, one of the things i like to do is average out these monthly data because there's statistical noise in each month. if you look at the quarterly numbers, march gives us the data for the first quarter, we are adding an underlying trend of in the neighborhood of 200,000 a month, which, by the way, isn't great. it's good but it's not fast enough to bring the unemployment rate down as quickly as a lot of folks would like to see. but we're still moving in the right direction. >> okay. jared, you wr

and here to debate that jared bernstein's former chief economist for vice president joe biden and art laffer, and is now chairman of laffer investments. let me begin with you on the whole question of spending. here you have president obama bullying and bas and insulting paul ryan who wants to curb federal spending. really unseemly stuff by president obama this week, arthur. what is obama missing? why are spending cuts so important this warfare is developing? >> yeah. what obama is missing the government spending doesn't create jobs, it destroys jobs. you know, the tooth fairy doesn't work on the treasury staff, larry. you know, the government redistributes resources, they don't create them. and you can see this very clearly if you have a two-person world. farmer "a" and farmer "b." if farmer "b" gets unemployment benefits, who do you think pays for them? milton friedman always told us government spending is taxation and when you cut government spending, you get a boom in the economy. when you increase it, the economy collapses. and it's what happened under w and obama. they were two p

that debate now with jared bernstein, former economic adviser to vice president biden. and dan mitchell also joins us. senior fellow at kato. dan, whatever you personally think about it, it's real good politics. if obama can stand up, let's say sum, with mitt romney in a debate and say you don't pay enough tax and i'm going to make you pay a fair rate of tax, for a lot of people that is an election winner. >> it may very well be. i'm not an expert on the politic. but on the economics i can tell you this much. anl of the income that these so-called rich people are getting, interest, capital gains, dividends, it's all been taxed at the corporate level already 35%. the highest corporate tax rate in the world. now obama and buffett, i guess, want to increase the double taxation on that. we already have the fourth highest dividend and capital gains tax rate in the world. under obama's plan, not even counting the buffett rule, just counting the stuff in his budget, we'd have the highest dividend tax rate in the world and the second or third highest capital gains tax rate in t

where it was supposed to be, according to the president's own forecasters, christine romer and jared bernsteinould be at 6 percent and we'd be going and blowing as an economy. if it magically happened republicans would have to accentuate the other three issues but the congress budget office, federal reserve, maj forecasters don't see it being better than it is now. alisyn: i want to ask you about american crossroads, the superpac in which you are involved. "the new york times" is reporting that america crossroads is about to launch its first major antiobama blitz this month, in terms ofage advertising campaign. what's that going to look like? >> well, it will be revealed later this week, but president obama took his campaign, bought $1.4 million worth of ads in battle ground states to go after governor romney on the issue of energy prices, and the record needs to be set straight about what this administration's polices are with regard to energy and the american people need to be encouraged to pressure the administration to have right energy polices. the president's energy polices are not good

jared bernstein is with us and tony, both gentlemen are cnbc contributors so we can make them come in this morning. they say nobody wants a good number here this morning. is that true? >> tony and i were talking about that. that is too clever by half. i think the important this evening from the perspective of not just the white house but in fact the job market and the economy is that while one month does not a trend make, four months does. so as steve said earlier, we post a number that's at expectations, north of expectations, then can you really i think make a strong case that there's a solid trend embedded in the job market around the 200,000. i think what you'll hear the white house say is steady as she goes, no fast enough, that kind of messaging that we've heard in recent month. >> how does the republican camp play that, tony? what are they looking for? >> i'm in the private sector so i want to see lots more job growth as quickly as possible. we know what's going to happen here. if we pay attention to what's going to happen with participation rate and steve has talked about this

rebecca patterson, jared bernstein, and former senator jim talent, a mitt romney campaign surrogate.ns at 7:00 a.m. eastern tomorrow. >> if you have comments on anything you see here the squawk, you can send us an e-mail or on twitter. coming up, we'll get the handle on who will win the masters and stealing the show in miami. that and much more when we continue. zap technology. arrival. with hertz gold plus rewards, you skip the counters, the lines, and the paperwork. zap. it's our fastest and easiest way to get you into your car. it's just another way you'll be traveling at the speed of hertz. demand media expands on the big board. excited for their regular season debut at their brand new marlins mark until the defending world champions came to town. the cardinals beat the marlins 4-1 in the season opener. kyle lohse went into the seventh inning with a no-hitter but jose reyes broke the no-hit streak with a single to right. he allowed only one other man. only one man has ever thrown a no-hitter on opening day, the heater, classic bob feller, hall fame pitcher for the cleveland india

nearest to me, jared bernstein joins the center on the priority in may, 2011 as a senior fellow from 2009 until 2011, so most of the period he will be discussing tonight he was the chief economist and economic adviser to the vice president of the united states. before that he was at the economic policy institute, and earlier chief economist at the u.s. department of labor. i take it had an immediate administration in that. last in the middle my colleague michael grabell has written a fabulous book money well spent if you haven't already read a strong strongly urge you to carry both evenhandedly and in the sunday review section of "the new york times." yesterday and we are very proud of his work not only for us but in this book. he's been a reporter since 2008 and earlier was a reporter at the news and hispanic twice finalist for the livingston award as the of the leading journalists in america. thank you for joining and i want to say that we are particularly honored to have in the audience life and of our friend the former lieutenant governor of the state of new york so thank you all

nearest to me, jared bernstein joins the center on the priority in may, 2011 as a senior fellow from 2009 until 2011, so most of the period he will be discussing tonight he was the chief economist and economic adviser to the vice president of the united states. before that he was at the economic policy institute, and earlier chief economist at the u.s. department of labor. i take it had an immediate administration in that. last in the middle my colleague michael grabell has written a fabulous book money well spent if you haven't already read a strong strongly urge you to carry both evenhandedly and in the sunday review section of "the new york times." yesterday and we are very proud of his work not only for us but in this book. he's been a reporter since 2008 and earlier was a reporter at the news and hispanic twice finalist for the livingston award as the of the leading journalists in america. thank you for joining and i want to say that we are particularly honored to have in the audience life and of our friend the former lieutenant governor of the state of new york so thank you all