>> i'm very bullish on the productivity on the american economy, the innovation. processing data that is the greatest american asset and the greatest world asset. we're now living in a global world. i think that that's going to create a fabulous fabulous movement. i am -- where i think it's terrible is the quality of the decision making in government and how the government works. i think that that's largely a dysfunctional problem, and i think that, you know the stepping back and seeing things on that higher level becomes a challenge. but when i look at the american position vis-a-vis the rest of the world, many of the things we take for granted, a legal system that works, capital markets that work all of those competitive advantages and a culture of innovation which came from immigrants people of all different types who come together and understand each other and tolerate each other, that's uniquely american, and so i think i'm very bullish for the development of productivity. the tailwind we're going to have to deal with is the tailwind of the debt situation. it'

these programs help nurture the demographic to shape the future of the american economy. the urm program consists of local programs nationwide network to find refugee minors homes and futures in america. the program that found carlos a home is lutheran social services or lss. we met with the clinical supervisor. >> we have trained the families, worked with the kids, and also try case management. we basically do that, but it is a specialized program for unaccompanied dues from other countries. all those services that a traditional kid in foster care would get, but knowing that there are a lot of cultural differences and things like that, the idea that they are getting prepared for when they age out of the foster care system, they are ready to live when they turn 21. >> recently, through an executive order by president obama and a new budget passed in the house, funds are being allocated to stem the flow of immigrants to the country, and over 5 million immigrants will be able to gain citizenship. large sums of money are being used to support a large number of child immigrant

economy to be dynamic and vibrant. we want it to be the single best place to create jobs. the more you innovate and invest into the american economy the lower your tax burden will be. that was the purpose of our pro growth approach to this matter. >> marco rubio yesterday after rolling out his tax plan, he's riding high after his monday announcement that he is officially running reports. reports indicate he's raised $1.25 million in the first day of campaigning. it is quite a hall but it could pail pale in comparison with what hillary raises. >>> many saying hillary clinton has been avoiding the press. any word on when she is going to field tough questions and face the music? >> whenever she feels like it. it is up to her in terms of when she wants to. her campaign said she is looking forward to it. she is looking forward to talking to the media. any time the media shouts questions at her or asks to have an interview with her they will turned down. we will all have to wait with baded breath together. >> maybe we will have to wait until she debates with one of the other candidates. >> the time is 20 minutes to the top of th

the fed has a lot of concerns about the american economy. the strong dollar stunting economic growth. sluggish wage growth. interest rate hike could come later than expected. stocks love the fed's easy money. the third longest bull run in history. half of americans are not invested in the stock market. 52% of americans are not in stocks, including 401(k). most say they don't have the money to invest. that's why so many people haven't been able to enjoy the record run because they have been on the sidelines. >>> the u.s. and iran are making duelling sides of war in yemen. secretary of state john kerry is on the record with a new message to iran. we are live after the break. ♪ approaching medicare eligibility? you may think you can put off checking out your medicare options until you're sixty-five but now is a good time to get the ball rolling. keep in mind medicare only covers about eighty percent of part b medical costs. the rest is up to you. that's where aarp medicare supplement insurance plans insured by unitedhealthcare insurance company

economy. small business is the backbone of the american economy. here in new hampshire, 96% of all businesses are considered small businesses. and they employ more than half of the workers, the employees in the state of new hampshire. so new hampshire is a perfect example of what it takes to start and grow a small business. i come from a small business family. my father had a very small business. he printed drapery fabric. in a print plant. and he did much of the work himself, sometimes with day laborers, with my mother, my brothers, and me, taking the squeegee, you go down, you go to the next, and you keep going. i saw now there is a machine that you just bought that is printing on all kinds of material, and i'm thinking back to those years at my father's plant. but he made a very good living because of his hard work and his absolute willingness to do whatever it took to design, to produce, to sell the products that were at the heart of what he produced. and so from my perspective, i want to be sure that we get small businesses starting and growing

bin laden said the goal was the destruction of the american economy, and that will certainly do it. we have to have an explanation for the american people of these kinds of dangers, keep ourselves as secure as possible, but have a frank discussion with the american people we are not going to surrender our freedoms because of these attacks. be steadfast be strong and stay americans. you'll find in the report letter i wrote that i basically said if the enemy makes us give up civil freedoms, that's the entire game. i'm not one to propose that in the official reports put an emphasis on the preservation of liberties at the same time we try to protect the infrastructure. i have to say, by the way, mike, matt, if i could say -- and i'll ask, but article 1 section 8 of the constitution talks about internal improvements and infrastructure, a legitimate thing for the united states to do. mr. ambassador? >> thank you very much. thank you for your service to the country and thank you for coming up here and you're very well spoken notes. i would ask you two short questions. everyone in this room

the american dream. and they are the ones that are getting hurt right now under the obama economy. : people are interested in your identity. when you filled out your application to princeton harvard law school, did you list yourself as hispanic? senator cruz: sure. i listed myself is cuban-american. that is my background h. al: let's stay on the immigration issue or do if elected as president, would you repeal president obama's 2012 executive order on dreamers, you ng immigrants who came here and met certain conditions. would you repeal that? senator cruz: i have committed if i'm elected president that on the first day i intend to rescind every illegal and unconstitutional executive action that president obama put into place. one of the greatest negative consequences of the obama administration has been the injury to rule of law. we have never seen a president who so routinely declines to enforce the constitution or enforce the law. if you want to see - al: with that include the dreamers, sir? senator cruz: if you want to see positive improvements on immigration or any other topic,

>> dc ruin for the american economy in the future? >> not immediately. but it is a concern because it is rarely a free lunch with 5,000 years of monetary history with people trying to inject more money it is not a bad theory was to give people money so they spend their way out of the recession but the problem is like 18th-century france have reduce stick with the policy or shrink monetary supply? so as milton friedman says the dollar has value because people believe in it. it is a confidence game. in 2008 we were questioning the u.s. government. that people were still courting dollars. so one side the system was falling apart but then they held the dollar because there is no place to invest. it is a great place to do business. to be very bullish on america but somewhere raising rates that is the best example is you can't keep rates too low for too long. >> great answer. >> in the riding of the book has that changed your personal relationship? >> a little bit. so with wall street we could do was much as we came and. and his important to reflect on money t

if the transpacific partnership is approved it will impact every aspect of the american economy. technology, the pharmaceutical industry manufacturing, media, agriculture, steel production electronics. wall street loves it. and even mining is going to be affected. when 40% of the global economy is involved everyone has a stake in the deal. for more let me bring in senators tammy baldwin of wisconsin. also with us tonight, senator bob casey of pennsylvania. great to have both of you with us tonight. senator baldwin, you first. do your residents know what trade promotional authority is? has there been a lack of knowledge amongst the american public as to the severity and the impact of this decision? >> i think my constituents have vivid recollections of the last go-around of this. they remember very vividly nafta and the fast-track authority that went before that. so those recollections are vivid. they're very curious about whether this has changed at all in the years since. i'm going to be sad to tell them i really don't think it has changed. not only is it frustrating that the fas

about an hour ago we got numbers that showed the american economy grew a fraction of a percent over the winter, more reasons to not raise rates >>> what's wrong with this video about mark zuckerberg? it's not really like it. it's a wax figure. steve jobs is there as well. now, the museum wants to know who else should they add? they're conducting an online poll. among the candidates we have ma prettia myers p.woz, elon musk. frank open hyper, some of the more dark horses. i don't know how it would be anybody by woz? >> place your bets. >> absolutely. >> how about a lady, in fact? >>> well, we know that silicon valley what is contributed so much mere, but what about a sign to prove it? hollywood, south francis, they both have landmark signs, but what do you think about a silicon valley sign? >> originally called silicon valley. bob redell is in san jose with that. where would it go? >> reporter: well, the idea is to go in the east foothills of san jose or milpitas. going on your train of thought, new york has the statue of liberty. seattle the space needle, but the capital of the technolo

the economy. now if you look at these last seven years from 2008 to 2015 the american economy has had a reduction the unemployed and there has been a growth in the gdp. the european economy had an increase in its employment in unemployed, and gdp went down. something just did not work at home. this is why i believe that the experience of the united states government is a model for the european economy, and that we have to be very careful about budgets, about the limitations, about our commitments, but we have to go through a new season of growth and investments. in 2014 we started with the first provisions. there's still much to be done. the american leadership for me is a point of reference. we also spoke about libya, as the president said. i just had a meeting -- during this meeting, i am convinced that the united states and i, the president and i are fully on the same page. in the next few weeks, we will see that we will reach the fruits of all of this commitment. everything that happens in the mediterranean sea is not merely something that has to do with security and of course it is but at th

as far as the american economy the main thing is to unleash the american economy. rcumstances have changed. prince pulls are the same. less government, that more tax incentives, to do what began to encourage the middle class, the middle class that drives our economy, the middle class and small business him and we do that by cutting back on government regulations cutting back on government restrictions, cutting back on unnecessary environmental -- fracking. that is a classic example. unleash the american economy. as john kennedy a rising tide with -- you get the economy to move, the entire workforce incident and the american people go forward. yes. he is coming over and with the mic here >> last question. >> during the last election, republicans in congress ran on europe republican workers to give them the majority. now you have the majority. the voters and all the people who work here delivered that majority to you. what do you think you've done? you disagree with shutting down the government which i disagree with you, because you won the majority. how did that ruin

shakes the world, to make sure the american people are safe, and make sure all elements of power -- diplomatic, cultural the ability to strengthen the american people, our economy. the first thing i told you about his economy. a economy and national security are the same thing. american power in the 20th century made a difference and it will again. i believe our policy must be based on peace through strength in the united's of america. [applause] finally, we have to have an international policy in place in the world that understands what we are trying to do. what we are trying to do, in my view is in addition to the safety and security of the american people, we have to be willing to say that we will project our values into the 21st century. we will not let other cultures and countries dominate the 20's 21 century with their thinking . the values that american stand for our vital. what are the values? democracy and freedom. the rule of law. free enterprise system. the value of family. the freedom and tolerance of religion. the advanced of women. these are the values that american stand for. this is why. this gives us the mission for the 21st century. we are goi

the-going to gut american jobs. the korean trade deal has been a boondoggle for the american economy. our trade deficit has skyrocketed since then. it has not been good. it has not created jobs. in fact, there's not one trade agreement that this country has gotten into with obama or any other president that has netted plus american jobs. what is it that they don't get about this? the irony of this is that president obama came into office. he didn't prosecute wall street. he's giving wall street the best deal they've ever had. hillary clinton is on the sidelines saying she's going to be watching. no. we're beyond watching. we're beyond listening. this is now a time for action. you're either for it or against it. this will be the biggest blow to the middle class in the history of this country. this will encompass almost 60% of the world economy. this is a race to the bottom. if this idea that china is going to right the rules, give me a break. the united states of america is the biggest customer in the world. they need us. they need you. they need me. they need all of us. and so why in

these indicate that we can have a lot of confidence in the american economy. >> reporter: president says parts of the globe have seen parts of their economies weaken particularly in europe and asia and that's not helpful here. >> that's why we have to redouble our efforts to make sure we're competitive and we're doing the steps we need to make sure we're successful. >> reporter: obama was at hill air force in utah, where he announced a pilot program to install soorl panels by 2020. job statistics for january and february were revised down by 69,000. wage growth is limited and any benefit from cheap gas and the recent job gains have yet to be found in the economy. good news that the markets were closed for good friday. likely feel the heat on monday when investors return. indeed. and the monthly jobs report is the single most important report on the economy that we get each month. and the anticipated and actual number barring a miracle there's liable to be a lot of red ink on wall street on monday. >> thank you john. in kentucky, a moct and child remain missing -- a mother and child remai

olivia will go beneath the headline data about the american labor economy. the terminal. here is a trend in the unemployment rate 1995 to beginning of the crisis. this is when alan krueger went to the white house. the crisis deteriorated -- not true. an improvement here. down to nairu. nairu, do we have a clue where there's economic concept is? jim: the fact that policymakers are having to change their mind tells you this is an empirically based concept. we will change our minds as we learn what is going on. at 25 years we have two observations of where the unemployment rate got down to at the peak. we had no inflation problems in the late 1990's. we do not really know, we change our mind as we see what is happening. tom: that gets you set up for the jobs report. what we do know is we have a data check. some markets open, many not. dow closing yesterday. two-year yield, 0.53%. to four digits in a little bit shoving lightness and the estimates as we get in 14 minutes. olivia: this is bloomberg "surveillance," on olivia sterns with tom keene. some top headlines

the longer term trends, and those trends indicate that we can have a lot of confidence in the american economy. at the same time this report does underscore how important it is here in washington for policymakers to be constantly looking for policies that will be in the best interests of the middle class in this country. the president believes two examples are we do need to make a longer term investment in infrastructure. the second thing we can do is make sure that we are not in a position at the end of this fiscal year where we fund the government at sequester levels. what the president will do is redouble his efforts to get congress to make smart investments in washington to make sure we support the private sector leading the recovery. >> here's how the report breaks down. the 126,000 jobs added in march were the lowest in over a year. that snaps 12 straight months of adding 200,000 plus jobs monthlily. unemployment remains steady at 5.5%. the labor force participation rate sits at 62.7%. analysts blame the decline on bad weather and a reduction in hiring connected to falling oil prices. >>

the american economy should be so lucky as to be like it was in 1999. peacetime in our history. low inflation high employment. oh, pad wa i know how you want to have a choke and throw it out but it's rubbish. but other than that, inspiring the personal story, hard work and the american dream. >> part of why yesterday is so successful is she's look like she's having fun and doing for her new stuff. we've never seen her get a burrito before. >> jon: i'm sorry. i meant anyone would have found rubio's story compelling were history not being made at an ohio chipotle. ettes going to be a long (bleep) election. we'll be right back. (cheers and applause) ♪ ♪ stop dreaming. it's time for the volkswagen stop dreaming start driving event. get a $1000 volkswagen credit bonus. hurry in, during the final days of the volkswagen stop dreaming start driving event and you can get 0% apr, plus a $1,000 volkswagen credit bonus on 2015 jetta and passat models. don't wait.offers end april 30th. woman: it's been a journey to get where i am. and i didn't get here alone. there

we have to do things to help the american economy grow as individuals and employers. as a part of reform, i believe we should take major portions of the federal government and send it back to the states. the congress and the houses talking about in the ryan budget plan about medicaid. i would go farther than that would block threats. i -- with block grants. workforce development, issues like that. the spectrum of things that the federal government does. send it in block grants to the state. more accountable to the public. it gives you the leeway every flexibility to look at the big issues like -- and the flexibility to look at the big issues like entitlements and areas were we need to spend more money like the department of success. governor sununu get a good job. [applause] governor walker: governor sununu did a good job of summarizing that but you look at the navy as an example. we are down towards 250 vessels less than half of where we were under reagan. there are real challenges to us to protect ourselves and our interests here and around the world. i do think we n

schoumacher: by 1922, recession turned to recovery for virtually every sector of the american economycept for the farmers. attempting to raise their income, they produced more and more. why didn't their productivity pay off? well, the great demand that had built up during world war i -- both on the part of americans and on the part of our allies -- was a singular, one-time demand. but those people who had opened up somof these marginal lands, who had had little experience in big-scale farming now found themselves in a terrific "cost-price" squeeze. they tried to produce more and more, too. so as more and more was produced by all of these farmers, the surpluses piled up. as demand abroad continued to decline more surpluses piled up. so that the surpluses piled up and piled up, and eventually we were in a chronic surplus situation. schoumacher: the surplus drove market prices down and now only thmost efficnt farmers cod meethe cost of production. in less than aade,the haes forced nearly 1 1/4 million hard-working marginally productive farmers to leave their homes. it was the abandonment

we have to do things to help the american economy grow as individuals and employers. the things i outlined earlier in the comments. then as a part of reform, i believe we should take major portions of the federal government and send it back to the states. certainly the congress and the house is talking about in the ryan budget plan about medicaid. i would go farther than that with block grants. i would look at the medicaid, other social services, transportation, workforce development, things like that. the spectrum of things that the federal government does. send it in block grants to the state. more effective, more efficient more accountable to the public. it gives you the leeway and the flexibility to look at the big issues like entitlements and also to look at areas where we do need to spend more money like the department of success. governor sununu did a good job -- [applause] governor walker: governor sununu did a good job of summarizing that but you look at the navy as an example. we are at 275, 280 vessels right now, we are having horse 250 -- heading towards 25

this is "hardball," the place for politics. >>> here's a bit of good news for both president obama and hillary clinton. americans are feeling more optimistic about the economy. according to a new bloomberg politics poll, one third of americans say the economy will get stronger, while just one fifth say it will get worse. the poll found more optimism about the prospects for jobs, housing, and health care costs compared to last june. the poll also found americans give president obama's handling of the economy its best marks since 2009. it's now 49% positive, 46% disapproving. not that great, but better than it was. that's for sure. we'll be right back. a moment spontaneously turns romantic why pause to take a pill? and why stop what you're doing to find a bathroom? with cialis for daily use, you don't have to plan around either. it's the only daily tablet approved to treat erectile dysfunction so you can be ready anytime the moment is right. plus cialis treats the frustrating urinary symptoms of bph, like needing to go frequently, day or night. tell your doctor about all your medical conditions and medicines, and ask if your heart is healthy enough for sex. d

joe: has the american economy been working for most of us? gdp has been good. 1980. it has been going up. when you look at the middle income adjusted for inflation is lower than it was 25 years ago. something has happened to the american economy so it is not working for most of america. tom: one thing you do that is great, you show a prescription. your prescription is a surprise. you look to singapore. a very different economy, australia, people getting inequality in the battle over inequality, what do they get right? joe: they have recognized that any quality is a matter of choice. it is a result, not just of market forces. the way we shape those market forces and what we do with them can make a big difference to the nature of our society. what they succeeded in doing in australia is they said every student in their country can get access to a college education a program called income contingent loans. you borrow money. if you go into teaching, you pay less than if you go into banking. tom: how do you respond to the criticism all you want to do is raise taxes

the american economy should be so lucky as to be like it was in 1999. he clinton era year was possibly the greatest peacetime in our history. low inflation high employment. oh, pad wa i know how you want to have a choke and throw it out but it's rubbish. but other than that, inspiring the personal story, hard work and the american dream. >> part of why yesterday is so successful is she's look like she's having fun and doing for her new stuff. we've never seen her get a burrito before. >> jon: i'm sorry. i meant anyone would have found rubio's story compelling were history not being made at an ohio chipotle. ettes going to be a long (bleep) election. we'll be right back. (cheers and applause) sooo, you're all set to book a flight using rewards miles from your airline credit card. but then the illusion begins. the flights you really want - surprise - they're not available because they cost a ridiculous number of miles. enough is enough... switch to the capital one venture card. with venture, you'll earn unlimited double miles. and using those miles is easy

the american economy is on track. more than 3 million jobs added in the last year, and a stock market hitting record highs. none of that seems to change the reality for millions of workers desperate for their share of the nation's massive wealth. thousands in cities across the country came out to protest low wages. the intent was to focus on the flight of fast food workers, others trying to make ends met joined the protest in solidarity. like adjunct professors and freelance professionals. they demanded a federal minimum wage of $15. >> reporter: agneses has a long come ute. spending $15, taking two buses taking two hours. she makes $10 and hasn't had a raise in a decade. >> we are struggling, struggling bad in the city. we need the $15. foot went up reasons rent went up. >> we need $15. the fight started with fast food workers, and increased to workers like agnes we need to put a demand on the stable to enable us to take care of our families. a lot collessed around $15 as a pair minimum. >> in response to critics mcdo

the american middle class is in the australian national interest. the american middle class has been smashed him in the american economy for years has been driven by domestic consumption by the american middle class. a combination of technology come to combination any of the effects of other trade agreements, the changes in laws, a whole range of things have contributed to that. a sickly i would identify changes in technology that the american middle class experience is not unique. what is going to give them a chance to drive prosperity and income growth in the future? there's only one thing, the acquisition of access, the product you produce to another middle class. in asia that now stands at $580 million. in 10 years time, it will be $10 billion. it will be 60% of the world's middle class. if you can access that fairly, you will prosper. you will not prosper if you cannot. mr. kempe: that is wonderful mr. ambassador. it's rare that you have someone that is both a defense minister and finance minister. and so you heard him speaking as both. for those of you who are tweeting, happiness of america is in australia's national interest. could you drill down de

durning the big tire event get a $120 mail in rebate on 4 select tires. ♪ >>> here's a bit of good news for both president obama and hillary clinton. americans are feeling more optimistic about the economyaccording to a new bloomberg politics poll one third of americans say the economy will get stronger while just one fifth say it will get worse. the poll found more optimism about the prospects for jobs housing, and health care costs compared to last june. the poll also found americans give president obama's handling of the economy its best marks since 2009. it's now 49% positive 46% disapproving. not that great, but better than it was. that's for sure. we'll be right back. >>> welcome back to "hardball." angry over the now legalized influx of millions of dollars in dark, secret money into u.s. elections, a florida postal worker flew his one-man helicopter into washington's restricted air space, buzzing the washington monument and then setting it down right on the lawn of the u.s. capitol on wednesday. homeland security secretary jeh johnson says the home-built craft traveled undetected. >> this individual apparently literally, flew in under the radar, literally. >> were you satisfied w

the american middle class is in australian national interest. the american middle class has been smashed. and the american economy driven by domestic consumption by the american middle class. a combination of technology come -- combination of technology, a combination of the effects of other trade agreements, the changes in laws, a whole range of things have contributed to that. basically i would identify , changes in technology that the american middle class experience is not unique. what is going to give them a chance to drive prosperity and income growth in the future? there's only one thing, the acquisition of access, the product you produce to another middle class. in asia that now stands at $580 million. in 10 years time, it will be $10 -- $3 billion. it will be 60% of the world's middle class. you will prosper in this country if you can access that fairly for your product. you will not prosper if you cannot. mr. kempe: that is wonderful mr. ambassador. it's rare that you have someone who has been both a defense minister and finance minister. and so you heard him speaking as both. for those of you who are t

the case also illustrated the way the american economy in t past had permitted business to overlook theial and vironmental costs of iustriaenterprise costs whdot often show up in a firm's ttom line. wesked economic analyst richard gill to explain why the governnt shod get volv in cases such as this. the government has toet invol because a market economy can't hand them. even the most devout proponents of a private ee enterprise system recognize the need for publicnterntion in situations like that illustrated byhe reserve mining case chnically speaking the problem is wt economists call negative externalities ofroduction. is is ratherncy jargon but the central ideais clear. when a business fi produces ironor a other productitasertain costs -- wages, rent for land and so on -- that is has to pay for. but it also may impose other costs on society -- in this case, the pollution of lake superior -- for which it does not have to pay. thescosts are external to the firm and, indeed, eernal to the supy and demand ice systemenerally. this is impoan because usuay economists are quite imessed by the

on the geostrategic, which links with the economy, first of all the products we make and sell, the openness of our economy kim was speaking earlier how much american investment there is in asia. all of these packets of our economy help to build our partnerships with other countries strengthens those partnerships. at the same time our leadership in developing and promoting and working with others on the agreement, is -- helps to strengthen and deepen those ties, and if you allow me -- we'll hear from our nation's chief diplomat on this, but i would like to remind everybody of what the secretary of defense, ashcroft says just a couple of weeks ago itch he asked to choose between pp and an aircraft carrier, we choo tpp. from his strategic perspective how to keep america safe and strong. >> but wouldn't be able to land jets on that. >> he can do more than land jets on it. tpp does more than that. >> that's a good segway to the general. the -- how do the me a recents feel about the choice between aircraft carriers and tpp and that's kind of a frivolous, but underlying serious question, you gave a speech to the national defense industry -- industrial as

treasury secretary jack lew says the american economy can't be the only one driving global growth.e commented on the strength of the u.s. dollar. >> if you look at the u.s. economy, the relative strength compared to other economies around the world, it explains what the currency valuations are. it is coming from our strength and less strong economies elsewhere. i'm focusing on the need for other economies to be stronger. jonathan: jack lew will be focusing on one economy that needs to get a lot stronger tomorrow when he will meet with greek finance minister yanis varoufakis. america now owes more money to japan than it does to china. new data shows japan has become the biggest foreign creditor of the u.s., holding just over $1.24 trillion of debt. the u.s. still has the biggest holding of treasuries worldwide. now to one of the big top stories. corporate news. netflix shares surging after hours to a new all-time high after the company reported first-quarter earnings that crushed expectations. the company's value will exceed that of cbs. caroline hyde has the details. caroline: chec

now, consider that small and medium-size businesses, which are the backbone of the american economy by the way, they face a , unique set of challenges when they're trying to increase exports. for example, health enterprises in massachusetts ships consumer healthcare items to more than 60 countries, but it is hurt by bureaucratic issues such as costly reregistration process in the eu. the seattle-based cascade designs company exports outdoor equipment, recreational equipment, but it faces high tariffs in tpp countries. an agreement could change that enabling both exports and , payroll to grow. concorde supply in san antonio , texas is a seller of , industrial materials and it depends on patent enforcement to keep its innovative products from being ripped off. more generally, the u.s. is the world leader in many service industries and therefore stands , to gain significantly from greater openness in that sector. the list goes on. it's a long list. our companies need agreements that will reduce both tariff and nontariff barriers to trade. thereby enabling them to participate more fully in

so we really have figured out how to leverage the generosity of the american public and the strength of the american economyation to students who otherwise wouldn't be able to go to college. >> and a strongly faith-based institution as well. it's a fascinating story. thank you so much for being here. congratulations on what you're doing. >> thanks so much. it was a pleasure. >> the president of berea college in kentucky. >>> zynga's shares are reopening. they're plunging after it was announced the ceo would be replaced by founder pincus. shares down 8% after hours. >>> the apple watch making it into the hands of reviewers today. no shock but it's created quite a buzz on cnbc.com. and our "hot list" today. up next, we'll get the low down. >>> there's no mind like the curious mind. one of the most curious belongs to brian grazer. it's led to him meeting people from all walks of life and now he's sharing what he learned in a new book. brian grazer live from post 9, still to come. >>> well the fed, oil, and apple, those three things together can only mean it's time for "the hot list." and here is the site's man

the dollar has a bit of an impact on the american economy. the euro 1.0678. yen 119.48. o'neil on brazil and cuba, next. ♪ >> this is bloomberg "surveillance." tom: the mystery is how much cash does greece have left. the answer is not enough. eu finance ministers gather in riga latvia. we consider the future of cuba amidst a complex latin american calculus. shannon o'neil joins us from the council on foreign relations. now what for brian roberts and comcast? this is bloomberg "surveillance," live from our world headquarters. friday, a pattani for. -- a pattani for. -- april 24. i am tom keene. top headlines. here's olivia. olivia: this was supposed to be the crucial meeting for greece and european countries who hold the purse strings. meeting in riga and growing more frustrated with greek prime minister alexis tsipras. tsipras was supposed to come up with economic reforms needed to unlock $7 billion in bailout money. minister say they are still wide differences. the eu economic commissioner talked about what he hopes to hear. >> the overall issue is about the review of t

the economy. if you look from 2008-2015 the american economy has had a reduction of the unemployed and there has been a growth in the gdp. the european economy had an increase in employment and its gdp went down. something is not working at home. this is why i believe that the experience of the united states government is a model for the european economy. and that we have to be very careful about budgets limitations and our commitments. but we have to go through a new season of growth at the same time and investment. in 2014 we started with the first provisions and there is much to be done. the american leadership for me is a point of reference. we also spoke about libya as the president said. i just had a meeting -- during this meeting i am convinced that the united states and i the president and i are fully on the same page in the next few weeks. we will see that we will reach the fruits of all of this commitment. everything that happens in the mediterranean sea is not merely something that has to do with security. of course it is but at the same time it has to do with justice and the dignity of ma

to make sure that the american people are safe to make sure that we use all of our elements of power diplomatic cultural, the ability of the strength of the american people, our economy. the first thing i told you about is, i said to you is about the economy, economy and national security are the same thing. american power in the 20th century made a difference, and it will again, and i believe our policy, ladies and gentlemen, must be based on the premise of peace through strength in the united states of america. [ applause ] and finally we have to have an international policy and a place in the world that understands what we're trying to do. and what we're trying to do in my view is, in addition to the safety and security of the american people, we have to be willing to say that we are going to project our values into the 21st century. we are not going to let other cultures and other countries dominate the 21st century with their thinking. the western values that america and its allies and particularly america stand for are vital and what are those values? democracy and freedom? the rule of law? the free enterprise system. the value of family. the freedom and tolera

the u.s. economy faltered in the first quarter. economic growth 0.2%. that is worse than expected. the federal reserve lowered its outlook for the american economy. question there is it a temporary cold weather slow down or is it something bigger? doesn't look like an interest rate hike will happen this summer. >>> the pope calling for equal pay for men and women. pope francis says the pay gap is pure scandal. he says christians have to change that. why is it taken for granted that women should earn less than men? know they have the same rights. of course, women cannot be priests in the catholic church. he made economic justice a big part of his platform for the church. "early start" continues right now. >>> thousands protest from coast to coast. demonstrators demand answers after the mysterious death of freddie gray. new questions about how freddie gray was injured. welcome to "early start." i'm christine romans. >> i'm john berman. it is thursday april 30th. it is 5:00 a.m. in the east here in baltimore. this morning, the investigation, christine, is really the story. what new details are they finding out about that night that freddie gray was

what you do, we would set a limit, congress would, a limit on how much regulations can cause the american economy. agencies would have to get under that number every year by reducing regulations. it will force them to undertake a cost-benefit analysis, and that is something that is not happening now. the gun have to get rid of the old regulations of they want new regulations in place. most of all, what it would do is massively regulate the regulatory space, bring them under the impediments that it now places on the growth of our economy. beyond that, i would argue that what you pointed to is not just an annoyance, it makes us uncompetitive. companies and investors to try to create jobs look at these things as the conditions of doing business in the nation. it is not attractive for our country in an era of global competition where you have a national labor relations board that is imposing upon small businesses, which is not own by mcdonald's, its own by an individual, requirements the have to meet which makes him uncompetitive in respect of the rest of the world. it's one more example of how the r

the real drivers of the american economy. could fund universal prek or build new bridges and roads or provide free community college to nine million people. my colleagues on the other side of the aisle will try to tell you the estate tax hurts family farmers. and my colleague who began this debate is talking about that, mr. speaker. they tell you the estate tax forces farmers to liquidate in order to pay the estate tax. well pressed to provide examples as we did, family farms being forced to liquidate, my republican colleagues pointed to a 15,000 acre farm they say had to be broken up for the estate tax. let me put that into context. most people live in sitous don't know how big that is. that's 15,000 acres is the equivalent of 23.5 square miles. that's a five by five square mile farm. that's more than the island of manhattan. manhattan isn't that big. and it's -- which is home to a million people. i think most of the people who work hard are pressed to believe that 23 square miles of the family farm. as a farm at the very top

this plan is designed to create the dynamic growth that we need not just to empower and fuel the american economy, but to create the revenue for american government. revenue by creating more taxpayers, not more taxes. we still have to deal with the debt problem if this was a tax increase plan, you would still have a problem with the debt because you can't realistically raise rates to any level to deal with the debt. we still have to do -- still have to deal with long term drivers of long-term debt medicare and social security and currently medicare that are currently structured unsustainable. that is a whole separate conversation but important one to have because people in my generation and mike lee's generation will have to accept that our medicare and social security is going to look different than our parents. my mother is on medicare and social security. i don't want to see her harm. but here's the truth, if we stay doing what we're doing now the math is very simple these programs bankrupt themselves. we're going to have to have in this country an effort to reform those programs so that they

this plan is designed to create the dynamic growth that we need not just to fuel the american economy but to create the revenue for american government to bring stability to spending. we still have to deal with the debt problem. irrespective -- if this was a tax increase plan you would still have a problem with the debt because you cannot realistically raise rates to any level to deal with the debt. we still have to look deal with the long-term drivers of our debt and that is medicare and social security and medicare that is -- as currently structured our unsustainable. that is a separate conversation and an important one to have. people in my generation and mike lee's generation will have to accept that social security will look different than our parents'. if we stayed doing what we are doing now, the math is simple. these programs bankrupt them selves. we are going to have to have in this country an effort to reform those programs so they exist without changes for our errands and grandparents and so when i retire and mike lim retires and many people in this room retires we will sti

the economy. tell us about that. >> they represent about 32% of the workers. and they're making more than 55% of the output in the americanery year. so they're more than earning their keep. they're not getting their full share of the wealth that they create but they are very good bargain for the rest of america. >> there's a huge debate out there about whether college is worth it right now because it's so expensive. because college students who are graduating have $33,000 in debt they're carrying. which is horrific. what does your information say to that issue? how does it inform that? >> college is worth it. but most of it can't afford it. that's the harsh fact here. on average if you get a college degree it's worth a million dollars more than a high school degree over 45 years or so. so it's worth it. it just costs an awful lot. >> and what parts of the economy are benefiting from these workers? where do these folks go? >> where they go now are in finance. in consulting. computing. education. in health care. in white-collar office jobs. not muscular jobs on the assembly line. and there are a lot of them and they're very

this plan is designed to create the dynamic growth that we need, not just to empower and fuel the american economyeate the revenue for american government. revenue by creating more taxpayers, not more taxes. we still have to deal with the debt problem. if this was a tax increase plan, you would still have a problem with the debt because you can't realistically raise rates to any level to deal with the debt. we still have to do -- still have to deal with long term drivers of long-term debt, medicare and social security and currently medicare that are currently structured unsustainable. that is a whole separate conversation but important one to have because people in my generation and mike lee's generation will have to accept that our medicare and social security is going to look different than our parents. my mother is on medicare and social security. i don't want to see her harm. but here's the truth, if we stay doing what we're doing now, the math is very simple, these programs bankrupt themselves. we're going to have to have in this country an effort to reform those programs so that they exist w

the outlier. they could not find any economist that said that immigration reform would be better for the economy. >> you said economy. i'm talking about the american people. the size of the economy will be bigger if you have more immigration. but the questions what happens to the vulnerable members of our society? that's why the bipartisan commission, the latest one we had under president clinton said that we need to cut immigration at least in half from 1 million a year to half million a year, which was still double what it was in the 50 '50s and '60s because immigration is so high that it hurts the vulnerable members of our society. and most economists will say overall it's good for the economy will acknowledge its harder on people who don't have a high school degree and harder on people who only have a high school degree. >> roy life is hard on people who don't have a high school degree. inflation is terrible. why are you saying--why don't we just decide that it's cold weather that does that or hot weather that does that. you're deciding that we have a tough growth in median income, and you're blaming it on immigration? >> no, it has a lot of r

immediately, the way they did with twitter on tut, assist for today's market, we just got the read, the american economy started the year terribly. for that you can blame the weather. remember the winter in most places was just awful. >> and we tend to blame the weather for a lot of things. >> of course. >> whether it's actually responsible or not. kinchts christina will not like this. >>> and we made it harder, blame it on the rain. mostly in the 70s in the silicon valley. great show, by the way. just make sure your kids aren't around when you're watching it. 75 on the peninsula, 68 in san francisco, a beautiful day ahead. have you seen that show, mike? >> i have not. i'll have to watch it on demand, but i've lived it, christina. over here we're showing it. and north 87, showing a little build. 87 usually doesn't show that much slowdown. there's the san mateo bridge across over to the peninsula >>> thank you, mike. >>> coming up, the devastation in nepal is reaches all the way to the bay area. we'll tell but his big plans next. why do we do it? why do we spend every waking moment, thinking about people