ms. sandberg: do not worry. [laughter] ms. sandberg: raise your hand if you are worried tim is too optimistic. keep going. we have pessimism covered. mr. geithner: there's a lot of things we could be doing. you could look at the american political system and say we are operating at the front tier of what is possible. no one believes you can say that. we are so far short of the frontier. marginal improvements would have high returns. ms. sandberg: job creation -- are we doing enough? mr. paulson: it will not. i feel we are not growing fast enough. income disparity is a huge issue. i think the only solution -- there is no easy solution -- our fundamental changes. the world is changing with her than policies can change. we need policies that will let us have a competitive economy going forward. i agree with tim that we are a bright spot and have less challenges than any other country. but as i look at the secular changes i see and look at what is happening as a result of the revolution in technology globalization, i think we need

ms. sandberg: why? mr. rubin: there really is nobody to play the role that the united states has played for many, many decades now. i think we pair -- play fair trading rules and there is a whole host of issues, no one will play the role that the united states can play. ms. sandberg: the role of america, changing? mr. paulson: it is changing, and all of my friends appear, they -- all of my friends appear, as tim said, we are the strongest and the biggest economy in the world, and if i don't see anyone out there -- and i don't see anyone out there who can fix the problems that we can and we have to lead by example. sure, the political system makes a heart for us to do this today, but i think the thing that we need to do is to show leadership and first, we have to correct . who wants to follow -- we have to be a good example. it starts with what we do at home. secondly showing leadership abroad. take china as an example. china has many more problems. as i have said over and over again, you can make a mistake

ms. sandberg: paper or kindle? mr. rubin: paper. mr. paulson: kendall. ms. sandberg: news online or on paper? what do you do to relax? mr. paulson: you do the same thing i do. fishing. mr. rubin: but i really do it well. mr. paulson: he may cast better but i catch more fish. mr. geithner: i do that too but i read. >> on next washington journal, virginia congressman gerald connolly is here to talk about the debate over nsa surveillance programs, the fight against isis in iraq and syria, and other foreign-policy issues in congress. then representative steve king of iowa, a member of the agriculture and judiciary committees will discuss the future of the nsa information gathering program, the work in the house on immigration, and the role in iowa on the 2016 race. "washington journal" is live every weekday morning at 7:00 a.m. on c-span and you could join in with your comments on facebook and twitter. this weekend, the u.s. senate failed to extend certain provisions of the patriot act that allowed for the national security agency's bulk collection of americans t

ms. sandberg said that she saw herself in ellen pao. many of the behaviors raised in this trial that happened in that happens in incremental steps. so we move on. in aggregate, with the potential of hindsight, they are real. how do you respond to the idea that while this may not be discrimination according to the law, small repeated flights and have a real impact on someone. beth: there is no question, all of us women saw ourselves in this situation. we are often the minority. emily: but do you understand how a lot of these things can be small things in isolation, but altogether they are a big deal. john: yes, i understand that. we understand that. we all possess biases, hidden biases. it is important to be aware of those and mitigate them, act on them. so you can get the best out of all of your people and make decisions. emily: the irony is that this firm has had women top partners for a long time. there are many top firms who have none. is there a fundamental problem in the vc industry? john: sure. it is bit that acreage 6% of venture