our guests are michael horrigan and barry bosworth. "washington journal" is live on c-span every day at 7:00 a.m. eastern. >> when president lincoln was shot on april 14, 1865, he was wearing a black coat made for his second inaugural by brooks brothers. it's cared for the national p parks service. american history tv documented the process of removing a replica coat and placing the original coat on display for the public and learned how the artifact is preserved for future generations. lincoln's coat on american artifacts in sunday morning at 8:00, also at 7:00 and 10:00 p.m. eastern on c-span3's american history tv. >> the head of the transportation security administration, john pistole testified about aircraft security. this hearing. house homeland security subcommittee on transportation security is an hour. >>> the subcommittee on transportation security will come to order. we're meeting today to examine the transportation security's administration screening partnership program. i apologize for the delay, but they don't let me have

michael horrigan is in the bureau of labor statistics prices and livings condition.ought -- barry bosworth is a senior fellow in the economic studies at brookings institute. what is the consumer price index? guest: it measures the inflation experience of consumers and what they paper goods including the taxes that they pay. it is used in a wide variety of contexts from research, policy, to understand what's going on in the economy. for example, cost of living adjustments are made top of the consumer price index, contract escalations. the move by cpi as well as the federal tax brackets come in the year and then come tax credits are all indexed through it. it has a great many uses in terms of macro-policies as well as the public policy programs that affect millions of americans. host: how long has the government been measuring it? guest: since 1913. host: as an economist, how accurate a picture it is the cpi on the real state of inflation? guest: it is pretty good. it is hard to measure the prices that they individually experience. it is an average. there is a huge var

our guests are michael horrigan of the bureau of labor statistics and barry bosworth of the brookingsnstitution. "washington journal" is live on c-span every day at 7:00 a.m. eastern. >> a couple of live events to tell you about today. the turkish foreign minister talks about his country's role in the middle east at the center for strategic and international studies. that's on c-span3 at 10:00 a.m. eastern. on c-span2 at 1:00 p.m. eastern, a brookings institution forum on a new strategic arms reduction treaty. >> just so we all remember, here is that wonderful moment when senator lott revealed his nostalgia for the state right segregationist south. take a look. >> when strom their manned ran for president, we voted for him. we're proud of him. >> talkingpointsmemo.com on the internet and his website's emergence into the breaking news business. >> the media ecosystem is such a different world today than it was 10 years ago. i think things like that happen all the time now. i mean, i know that there's certainly many big stories that t.p.m. has had over the last decade, you know, more an

our guests are michael horrigan and barry bosworth. >> just the way i remember it, here is that wonderfulent when the senator revealed his nostalgia for the state's rights segregation of the self. >> when strom thurmond and for president, we voted for him. we are proud of him. >> josh margolin the internet and his website and the breaking news business. >> the media is such a different world today that it was 10 years ago. i think things like that happen all the time now. and know there are certainly many big stories of the last decade. now we have an editorial staff of 20 people, so we are breaking stories right and left. the thing is, it has almost become commonplace. it is not nearly as surprising today as it was back then. >> more about tpm and josh marshall, the night at 8 eastern and pacific on "q&a". the senate judiciary committee has voted 11-7 to approve a bill that would require the supreme court to televise its oral arguments. we will show you that discussion in 10 minutes. first, justices antonin scalia and steven briar with their opinions of televising the high court. the tes

michael horrigan.ake a couple of overall comments about the economic recovery before diving into this month's unemployment numbers. in the second half of 2011, economic momentum picked up. the labor market continued to strengthen, adding 100,000 or more jobs for four straight months. we learned last week the gdp grew at a to 0.8% annual rate in the fourth quarter, an improvement over the previous three quarters of 2011. inventory rebuilding accounted for much of that growth. there are other encouraging signs. the manufacturing sector continues to show strength. of the manufacturing index reading of 54.1% in january marked the 30th consecutive month of expansion in the manufacturing sector. the unemployment rate has been moving in the right direction. in 2011, the unemployment rate fell from 9.4% to 8.5%. workers who have been out of work for long periods continue to struggle to find new jobs. more than 42% of the unemployed have been jobless for six months or more. need to help workers regain their foo