joining us now to talk about jobs and the fed is peter orszag.ot of things to talk about, pete. when i saw you coming, i wanted to talk about getting comments on some of the recent stuff with obamacare, too, because for a while, i think he thought it was a raging success in terms of -- >> i still think that. >> okay. >> so explain, explain the recent stories in the news, united health care, closing down the exchanges, the premium increases. >> it's not perfect. i put it as growing pains. we still have tens of millions more people who have insurance today that would not have insurance policy without the affordable care act, and cost growth remains very, very low. are there concerns? united health care has announced it will -- it's not announce it's exiting. it announced it's considering exiting. >> joined late, it's a small player, right? >> et cetera. there are issues that needs to be addressed, but, again, look at the big picture here, the big picture is we added millions of people to the enrollment roles, and cost growth is down. >> okay. >> i

calling everybody do it in particular the speech in the white house together from larry summers, peter orszag, all these folks, get their thoughts on this speech. it has a distinct which i'm not to clip out of of longest speech the president obama had given up until the point. and there were events in iran unfolding at that exact same time. and i remember the next day there was no coverage in the speech at all. and not only that, cbo it come out with a study that muddied the water and his whole speech that we were come with a would help sort of frame the debate, explain what was at stake. so it's not exactly an example of where we turned it but how events can sort of foil the good players. >> clark and then mary kate real quick. >> go ahead. >> the example i can think of from the bush administration is you may recall in 1988 convention address, there was that one line about 1000 points of light across the night sky. it made it into his inaugural address. peggy noonan was response of for both of those. once got into office the idea of the points of light which start out as every sort of nice i