matt schultz will be on to talk about a new survey on credit card and consumer debt. watch washington journal live. be sure to connect with us during the program with your phone call and facebook questions. announcer: washington journal mugs are available on our new online store. go to c-span store.org. see all of the c-span products. wednesday is the 18th anniversary of the terrorist attack. watch our live coverage on memorialor the 9/11 plaza. on reading of the names c-span from the pentagon. a wreathlaying ceremony. of the 9/11e terrorist attacks on c-span. c-span3 and online at c-span.org. online on the free c-span radio app. georgetown university hosted this discussion talking about president trump and his evolving relationship voters. this is 90 minutes.

gabby and mike lewis of the hill will discuss the rounch congress from the august break and then matt schultzre talking about a new survey on credit cards and consumer debt. watch live at 7:00 eastern this morning. be sure to connect with us during the program with your phone calls and foost facebook questions and starting this morning with our new testing feature. >> here is a look at our live coverage today on the c-span networks. 10:00 a.m., former homeland security secretary sits before a field hearing in new york city. the hearing takes place at the national 9-11 memorial and museum just ahead of the 18th anniversary of the terrorist attacks and the u.s. house returns from the august recess gaveling in at 2:00 p.m. eastern for legislative business. on c-span 2 a discussion on the lease of a survey looking at american views on foreign policy and foreign relations. at 2:00 p.m., state attorneys general announce an investigation into the business practices of large technology firms and the senate returns from the august recess at 3:00 p.m. to continue work on the president's executive nomin

matt schultz will talk about credit card use and consumer debt. be sure to connect with us during the program and beginning monday with our new feature. here is a look at our live coverage on c-span networks. a.m., at 10:00 secretaries testify before a homeland security committee. hearing takes place at the onional 9/11 memorial museum the 18th university of the terrorist attacks. u.s. house returns from its recess, gathering for legislative business. -- a discussion on foreign policy and international relations. investigationand into large technology firms and the senate returns at 3:00 p.m. to continue work on the president's executive nomination, putting the lesson better -- u.s. ambassador kelly craft to represent the general assembly. policy experts analyzed the u.s. population and shifting demographic numbers. what it means for america's future. president trump holds a campaign rally in north carolina on the eve of the reelection. watch live monday on 7:00 -- on c-span2. or listen live on the free c-span radio app. eric wasson joining us, fa

coming up, we take a look at the topic of consumer credit card debt with matt schultz -- with oft schulzwe take a look -- a look at new reports. "washington journal" continues after this. ♪ >> what is your vision in 2020? studentcam 20 is asking students what issue do you most want to see presidential candidates addressed during the campaign? studentcam is c-span's nationwide video documentary competition for middle and high school students with $100,000 in total cash prizes at stake including a $5,000 grand prize. students are asked to produce a short video documentary, include c-span video and reflect differing points of view. information to help you get started is on our website, studentcam.org. campaign 2020. watch our live coverage of the presidential cam -- provincial candidates on the campaign trail and make up your own minds. c-span's campaign 2020, your unfiltered view of politics. wednesday is the 18th anniversary of the 9/11 terrorist attack. watch our live coverage at 8:30 a.m. eastern on c-span3 from the 9/11 memorial plaza in new york city. the moment of silence, the readin

matt: will we get that? it's now been a couple months and zoloft schultz -- since olaf schultz was in the studio.ntinued to say, when i asked about a stimulus package, the labor market is great. there are not enough workers to hire. is berlin going to wait until people start getting fired before they start spending money? moment that, at the seems to be the case. we haveultz has said, the firepower and we can do something. he hinted at a number of 50 billion for potential fiscal stimulus the german government could spend. pend --lso said, and has also said, in their view it is not the time to spend it, and they will hold the firepower of her things become worse. now -- for when things become worse. now, a lot of investors think that by the time germany has entered a recession and we face more unemployment levels, which at moment are historically low, but if we wait until we have higher unemployment rates, it might be far too late for fiscal stimulus. startedhasten to add, i work 20 years ago in that bureau covering the umts auctions, and they raised 50 billion euros. is a big- know it round numbe

matt: we definitely saw the w ltp test procedure that came into last year, affecting the auto industry in a big way. that's been the biggest problem. i'm sure that schultzon meyer would also reference the trade war as a headwind. in jobs are still holding up a big white. is that the case across the euro zone? the unemployment rate is still very low. simon: correct. we need to be conscious, unemployment is a lacked indicator. it doesn't give us a timely signal of the health of the economy, which is why it needs to be seen in the context of pmi's. but you're right to say that the spillover into jobs, into services, into what is for most of the euro zone economies, 70% of output. and you look at the german auto industry, 13% of german output and therefore a much smaller issue. but it is the spillover that leads to reversal, principally in business investment and eventually into hiring. it will be the principal concern for the ecb and they don't want to be behind the curve in terms of trying to support a jobs market that has held up incredibly well over the euro zone in recent months. matt: i want to bring up a spanish pmi number, 38.8, still a contraction,