host: here is nelson schwartz, go ahead.t: on the second point, i do not think that is the issue of why people can't find jobs. i think one major issue is sort of the long-term unemployed, people who have been unemployed for more than six months. i talked to employers about this and when they get a resume of someone who has got a big gap, a big hole in that resume and has not been working, that resume goes to the bottom of the pile. as lessjust seen desirable, your skills are you wrote it. i do not think you can blame those people who have been out of work for so long for that. is sort of the legacy of this huge recession that we had, and job losses. in terms of people saving and in terms of the stock market and cd rates, i do not know what the stock market is going to do next. if i did, i would be on a caribbean island, not here in new york. that said, i think cd rates are going to stay low for a least a couple of years because the federal reserve has said short- term rates are going to stay low probably through 2016 or may

. >> mark zandy, nelson schwartz, thank you for joining us. >> thank you. >> let's check with hermella. >> one of the things americans might struggle with is their name. started by talking to immigrants do, with an h. he changed his flame not northern ohio gmc dealers the name to john doe. >> emily is half caucasian and half chinese. she married a smith but wanted to keep her unique name. >> i think i'm losing that japanese side of me, identity if i take on if name smith. >> cecilia gentile was born as, my name really started not suiting me that well. >> what's in your name. go to our website, america l al jazeera much america.aljazeera.com. >> and tony, my friends thought it was carmella. and so. >> i had to fight tony, i stayed antonio. thanks hermella. >>> straight ahead, what's the happiest place on earth that doesn't have the disney name, and 50 years ago, are a first-person account from inside the craze. is today's data die dutch. the top five overall is: >> the dutch government helps by giving parents an allowance. the government gives a child benefit stipen and tax breaks to wo

live, your calls, tweets and facebook comments followed by a discussion on the middle class with nelson schwartz. then a look at heroin and substance abuse throughout the country and what the government is trying to do about it. we're joined by "u.s.a. today crime reporter". ♪washington journal" is next. wall street journa reports the housel is" looking for a strategy on the debt ceiling, set on february 27. the cost ofasing living adjustment on military retirees. john walsh will assume the title baucus and will now become the next ambassador to china. it is the washington journal for february 8, 2014. this week a hearing took place looking at data breaches. remember

[applause] >> on the next washington journal, new york times economic reporter nelson schwartz talks about the role of the middle class. then a usa today crime reporter looks at hair when and substance abuse -- heroin and substance abuse. your calls and facebook, and on seized and. -- c-span. >> in many ways we focus on the challenge around attacking credit cards -- protecting credit cards and debit cards. the exposures that people can get into our bank account or online transactions that we all do. area where there are very few protections and almost unlimited liability. >> in today's interconnected world, are still information is collected from consumers wherever they go. from the workplace to shop into groceries to browsing the web at home, virtually every action we take involves the collection of information. some of it is very sensitive. many of these uses have clear benefits. the recent data breaches are a strong reminder that they create risks for consumers. >> sometimes we are out ahead in determining and looking at data as it relates to financial industries. it is through pa

institute] [captions copyright national cable satellite corp. 2014] >> on the next "washington nelson schwartz talks about the role of the middle class in the u.s. economy. then usa today crime reporter and substancen abuse across the u.s. and what the government is trying to do about it. "washington journal" live at 7 a.m. eastern on c-span. president obama signed the farm bill today at an event hosted by michigan state university in east lansing. the bill is projected to save billions of dollars over the next decade. it ends some forms of direct payment to farmers and insurance to crops. several democratic lawmakers join the president at the event, including the agricultural committee chaired debbie stabenow. this is about 40 minutes. [" hail to the chief" plays] [applause] >> hello, spartans! oh, thank you so much. everybody have a seat. it's good to be in michigan state. for that, ben, wonderful introduction. give him a wonderful round of applause. [applause] his beautiful family right here. how was data, pretty good? yeah, he did good? i thought he did great. it is good to be in east lans