affecting the workforce of these companies, that's something you could argue might impact the american economye impact the american economy as well so we have to put that aside and look at the bigger picture. apple is the most profitable company in the united states so you —— would you wa nt united states so you —— would you want to hurt that engine of growth? asi want to hurt that engine of growth? as i say, as 48% of americans support this economy, and the poll suggests they do, then this person is talking rubbish. yes, he and congress will make these decisions over the next four years. hasn't he also made this point the travel ban is for 90 days, not a permanent thing so ifjeff brazil is concerned he will not get some bright spark from somalia or whatever, he seems to be sort of shouting about something that perhaps isn't going to bea something that perhaps isn't going to be a problem. it's the sense of uncertainty. we see it is germany today, what will it be tomorrow? it is hard to keep up actually. you we re is hard to keep up actually. you were right to point out it is a temporary ban, i

we won them all, we are seven and a zero and then included cases we want at the wto protect the american economy related to china policies that impact american grown agricultural goods, american poultry, american-made and factory goods including high-tech steel, airplanes, textiles and the like. so at some point, next year you will hear a robust case from the incoming administration about their proposal to ensure that america and our economy is protected.when it comes to global trade. they will have a very high standard to me when you consider the obama administration, not just in terms of bringing its cases in the wto but when you consider the performance of our broader economy. so with that, i will go to your questions. it's nice to see you, welcome to the briefing room. good. >> so the transition team, they have not had the hearings that the obama administration has had, moving through the nominees and throughout the whole process so i wanted to hear your thoughts on that. is there sort of a presence in the hearing, do you feel they are not in any way more difficult in terms of obama nominees

the efforts this week to roll back the onerous regulations that have been stifling growth in the american economyand jobs and opportunities. we work with it for several months to construct a tax reform for businesses and individuals that will release the bound up energy in the american economy. we will keep our promises to end illegal immigration. we will invest in rebuilding our military as their commander-in-chief with our military commanders to hunt down and destroy isis. but the first order of business is to repeal and replace obamacare. and not with our message today and will be our message on capitol hill. it needs to be done. not just as a promise kept, because in the course of this election, the american people had a choice. what appeared to many against all odds often times with overwhelming opposition, are president-elect to repeal and replace obamacare and the american people voted decisively for health care in this country and we are determined to give them that. i was here in march of 2010. in another capacity when obamacare was signed into law. remember all those promises. we were t

efforts this week to begin to roll back the onerous regulations that have been stifling wrote in the american economy stifling jobs and opportunities. we are working with the congress over the course of the first several months to construct the kind of tax reform for businesses and individuals that unleash the bound up energy in the american economy. we will keep our promises to end illegal immigration, build a wall. we will invest in rebuilding are military as their commander-in-chief marshall strategies with our military commanders to hunt down and destroy isis. but the first order of business is to repeal and replace obamacare. and that was our message today and will be our message on capitol hill. it needs to be done. not just as a promise kept, but because in the course of this election, the american people have a choice. what appeared to many is against the law, oftentimes an overwhelming opposition, are president-elect took his case to the american people to repeal and replace obamacare and the american people voted decisively for a better future for health care in this country and we are dete

the efforts this week to begin to rollback the regulations that have been stifling growth in the american economy and stifling jobs and opportunities. we're going to be working with the congress over the course of the first several months to construct the kind of tax reform for businesses and individuals that unleash the boundup energy -- bound-up energy in the american economy. we're going to keep our promises to end illegal immigration. build a wall, have an infrastructure bill and invest in rebuilding our military, as our commander in chief marshal strategy with our military commanders to hunt down and destroy isis. but the first order of business is to repeal and replace obamacare. and that was our message today and it will be our message on capitol hill. and it needs to be done. not just as a promise kept, but because in the course of this election, the american people and what appeared to many as against all odds, oftentimes against overwhelming opposition, our president-elect took his case to the american people to repeal and replace obamacare and american people voted desice ofly for a be

this week, to begin to roll back the onerous regulations that have been stifling growth in the american economy and stifling jobs and opportunities. we're going to be working with the congress over the course of the first several months to construct the kind of tax reform for businesses and individuals that will unleash the bound-up energy in the american economy. we're going to keep our promises to end illegal immigration. to build a wall. we'll have an infrastructure bill. we'll invest in rebuilding our military. as our commander in chief marshals strategies with our military commanders to hunt down and destroy isis. but the first order of business is to repeal and replace obamacare. and that was our message today and it will be our message on capitol hill. it needs to be done. not just as a promise kept, but because in the course of this election, the american people had a choice. and what appeared to many as against all odds, oftentimes with overwhelming opposition, our president-elect took his case to the american people to repeal and replace obamacare and he american people voted decisive

be to focus on supporting economic growth, repealing onerous regulations that are stifling the american economy, working with leaders in the back and senate to roll avalanche of red tape coming out of this administration. we will be looking for opportunities and before we get reliefng to pass tax that the president-elect advocated for working families, businesses, really get this economy moving again. it will be a focus on infrastructure, border security, immigration, military spending, rebuilding our military, and the president-elect will be naming his choice for the supreme court of the united states but as i said today, members of the senate, the first order of business is to repeal and replace obamacare. obamacare has failed. the american people have sent a decisive message to washington dc that they want obamacare to withpealed and replaced health care reform that was over the cost of health insurance without growing the size of government. we are working closely with senate leadership on a budget resolution that will begin the process of repealing obamacare and also, create a framework fo

i don't know much so tell me, what would a 20% in coming tax on mexican goods do to the american consumer and economy. >> well, it is the american consumer who would be hit so beyond just calling it mexico. mexico is our third largest trading partner. $531 billion worth of goods goes to and from our two countries. there seems to be a miss understanding whether from president trump or sean spicer. a tariff would not be paid by consumer. you and i are paying 20% more for our avocados and beers and retailers. none of us want to pay for retail anymore. president trump thinks he's pondering mexico and taxing them, he's not taxing them this way. >> what do the republicans do who are for fiscal responsibility when they look at the wall project which will as we said last night be bigger than the interstate highway project. this could be fdr and lbg -- lbj combined. >> it is not just a wall. you build a 50 foot wall and the next day you get a 50-foot ladder. is the wall an issue? it is not necessarily mexicans who are staying over. it is people from other countries. if you make the situation through the unite

the american economy is growing and doing well at the moment. the economy. it is growing at 2.5% at the moment. you have got to question whether in fa ct you have got to question whether in fact the new guys in town, steven mnuchin, foreman goldman sachs banker —— former. will they continue the status quo? they don't need to change too much because the economy is growing again. what is interesting if they need unity. they need to agree what is the party line, what is the message. that is the whole point of cabinet. the work with the leadership team around you who are strong, united and speak from the same message. that is the situation. with the tweets, you have to be pet careful. you have to be in sync with the people you are working with. you have to be diplomatic with the people around you and can't be this rabble—rouser all the time. there may be some issues were you can be like that but it will be fascinating watching his twitter feed over the next few days. is this a man who is going to change and move from candidates to president? change

no one understands the intersection of the american economy and the american energy industry than former governor rick perry of texas. he's well-known to the senate and to the american people. there is a great deal of reform coming to washington. and nothing sends the message stronger than nominating a leader like rick perry to take the helm. over a 30-year career in finance, steven mnuchin has established a reputation of being a dedicated team builder and communicator. these qualities will serve him well as he works with the congress and the administration to hammer out a tax package that will spur economic growth, create jobs, and allow businesses to compete on a global basis. i mentioned yesterday but we'll have further staff announcements today, both on the commission staff, the special assistants, deputy assistants, and assistants to the president. we'll release some of the noncommissinon commissioned support staff as well. we have officially filled the cabinet with the announcement of sonny perdue as the next secretary of agriculture. a few more staff announcements, personnel notes

rather his only interest was in the success of the american people, american middle class workers and the american economy. >> going back to the tomorrow event, just for some housekeeping, we know that vice president biden and the first lady and dr. biden will be there. will they be speaking or introducing? mr. earnest: they will not. >> thank you. so when the president talks what mightork ahead, his legacy organizations be thinking about, or what bill, is it that you t is see him carrying out -- mr. earnest: when the president is giving his speech tomorrow he's not going to have in mind -- >> i'm not asking you to tell me if it's in the speech, i'm asking you to tell me what it is if you know. mr. earnest: i guess it's hard to answer that question. the president intends to lay out his own view about the challenges facing the country and the most effective way for the united states to overcome them. i'll let the president speak at a later date about what activities he'll be engaged in after he leaves the white house. >> will he be swing big the obama alumni event? mr. earnest: we'll keep you posted on his

with the issues talking about here today the commerce committee touches on every aspect of the american economyail, aviation, everything. but the senator has focused on these issues that we are talking about today and has urged policy makers on bull's-eyes of the aisle and a foreign competitors. financial of the population of 482 people and advocate for some of the issues we've talked about the rural access where they continue to go forward to be part of the 21st century economy. he has earned respect of his colleagues or to overshadow the of personal. he has the distinct honor. t11. [applause] >>. >> thanks for hosting us today. to spend that extended amount of time being the fastest person in congress like the best serve for in kansas laugh laugh it is a nice title but it doesn't mean very much when i do appreciate the opportunity starting the third decade of the internet. it is the essential technology to transform in very unexpected ways. i am willing to bet in the '90s and never thought combine's would be built with the internet. ended is remarkable is futile spend much time on farms to se

are you effectively saying that the american people and the white house don't really understand the kind of contribution that mexico makes to the american economy and that a failure to understand how important mexico is to american jobs and american workers could cause a huge problem? just for instance, just as an example, arizona, estate on the border sends 40% of their exports to mexico directly. we are the second x for parliament to the us. as i said $500 billion are generated because of nafta so we have a dynamic situation, a dynamic benefit between the two countries and i think that isa the two countries and i think that is a narrative that we must keep working on. a lot of people in the united states like mexico,, donald trump doesn't know exactly and has no information about the benefits of trading with mexico, which benefits are generated and especially i must stress against the security issue. we ta ke stress against the security issue. we take care of the us in our territory. we take care of terrorists not going into the us so thatis terrorists not going into the us so that is part of our relationship and i think they should take that

american? >> the president-elect really believes in the power of the marketplace. he's a businessman. he understands the strength of the american economy. on the campaign trail he talked consistently about his enthusiasm for allowing americans to purchase health insurance across state lines the way we buy life and car insurance. >> that was martha raddatz with the vice president-elect. they're not planning to pull the rug from anybody. but tom price had to answer tough questions about his stock trades. he insisted he did not know his broker was buying stocks in a drug company before introducing legislation that would have benefitted the company. >> and as oklahoma attorney general, scott pruitt sued the epa 14 times. he refused to say if he would recuse himself from ongoing cases. if confirmed as the head of the agency. pruitt did not go along with trump's previous assertion that dismissed climate change as a hoax. >> do you agree that global warming is a hoax? >> i do not, senator. >> so donald trump is wrong? >> i don't believe that climate change is a hoax. >> and more confirmation hearings are set for today starting with rick perry

the american people. and i'm very confident that we'll have the kind of alternatives to obamacare that will really unleash the potential of the american economy and the american consumer to take greater control of their own health care, improve their lives, improve their health and lower the cost of health insurance. >> so, not a plan, he hasn't seen a plan, but he's seen a lot of great ideas. they're writing the plan right now. >> correct. which is not exactly the same as what donald trump said. he also tried to clarify as he tends to be sort of the clarifier in chief, that when donald trump said everybody should have health care, that it was really access to health care, not necessarily the kind of oh, my goodness moment that republicans thought when had he heard him say that because some people might not have health care. they might not be able to keep his health care. >> with all due respect to vice president-elect pence, that's not a clarification, that's a contradiction. i mean, president-elect trump has said that there will be basically universal health insurance, and every -- the government will provide it, he said. >> yeah, and he di

we believed in the rate coverage for the american economy. let me be clear -- my group had nothing to do with the creation of the risky loans in the indymac loan portfolios. when we bought the bank, we assumed these that loans which have been originated by previous management. some of those individuals had to answer to federal authorities for their bad lending decisions. billion into a6 failing financial institution when most investors were running for the hills. business one west bank and saved thousands of jobs. we developed a prospering community bank franchise in southern california as most tanks were pulling back. over the next two years, we bought two more struggling banks from the fdic. first fed of sent to la jolla competitivehrough bidding. we had him a 70 branches combined and built a robust lending business especially for small and medium-size businesses. tank, i metof the with hundreds of business people from all walks of life who were seeking loans to grow their business and prosper. like many banks at the time, indymac and its re

just o gary: it's week one but president obama is take big steps in his vision to rebuild the american economymaria: one was the with montreal from the trans-pacific partnership called tpp. i spoke with the ceo of fedex. he's a bit worried about america back away from trade. >> the united states may cut off from trade would be like trying to breathe without oxygen. it's an essential part of our economy. the decision to pull out of tpp is unfortunate because the real beneficiary of that is china. the real opportunity is to get china to take down their barriers for american goods. maria: we are back. your reaction to that. one thing he mentioned was 80% of purchasing power for the world is outside of the united states. >> absolutely. i believe that's something we have to keep in mind. when i hear about some of the things being proposed. politics is about negotiation. and some of these things could be said to be bargaining chips forther things. obviously the tpp, when have gone the out of that deal. so that's not a bargaining chip anymore. the president is a pragmatic man. you have to understand

out-of-control growth of federal bureaucracy and rules and regulations that have suffocated the american economy. the last time i checked, the president's job was to enforce existing laws and work with the elected members of congress whose responsibility it is to pass laws as the people's representatives. instead, i believe he's undermined not only our constitution but also the american people through this executive power grab. it is time to get rid of the washington knows best topdown, one-size-fits-all rules like the e.p.a.'s waters of the u.s., the clean power plan, the department of labor's overtime rule, and restrictions on your retirement savings. these regulations have consequences. hat these bureaucrats do have, consequences. in 2015 alone the federal government levied 3,400 regulations on americans. ose regulations cost us $1.9 trillion in lost productivity and growth. a cost of $15,000 per household. now for the first time during my tenure serving the second congressional district of missouri, congress has a unique opportunity. this week we will pass a bill that i have had the pleasure

the american economy has created in the private sector jobs for the past 21 months in a row. >> where are the jobs? >> business once again add jobs for the 30th month in a row. >> where are the jobs? >> this is the strongest job growth that we have seen since the 1990s. >> that had officials in a reflective move today. >> eight years ago, they were telling american people we lost almost 800,000 jobs. the unemployment rate was heading toward 10%. the economy was in the tank. here we are now, the unemployment rate is 4.7%. >> but speaker paul ryan posted the gop message saying after eight years of obama's economic policies, too many americans still do not feel better off. how does barack obama stack up against other recent presidents? vague ronald reagan created nearly 16 million jobs. bill clinton was the highest. george w. bush over 2 million and barack obama created over 11 million jobs. obama's total is the bar the next president will likely try on beat in his eight years in office if he gets them. this week trump tweeted fourth decision on create 700 new jobs in the united states i

obama imposed regulations that hurts the american economy, knowing full well that climate change wouldn'trove for a while. does that make any sense? at this point in history, two-thirds of the american people think america is on the wrong track. but they still like barack obama. his approval ratings are about 50%. that is up to the president's credit. he has put forth in emmett java responsibility. but as the nation's leader, mr. obama has not improved the economy to any significant extent, has not diminished poverty and poor education, has not brought americans together, and has used the power of this great nation in a way that has created mayhem abroad. that is the historical record. nothing to do with ideology or wishful thinking. it has everything to do with performance. and that's the memo. next on the rundown, took our presidential historians will react. later, a nasty racial controversy on capitol hill including a painting offensive to american police officers. "the factor" is coming right back. ♪ take medication, you may sometimes suffer from a dry mouth. that's why there's bioten

the federal government would no longer punish americans for working and doing business in the united states. over year, overregulations costs billions of dollars and reduces the wealth in every american household. this will help the economy get back on track and create 25 million new american jobs in the next decade. it's worth noting that this order is perhaps the most significant administrative action in the world of regulatory reform since president reagan created the office of information and regulatory affairs in 1981. a few administrative notes. i'm pleased to announce that prime minister netanyahu of israel will visit the white house on february 15. it is crucial to the security of both our nations and the president looks forward to discussing strategic, technological and military and intelligence cooperation with the prime minister. tomorrow at 8:00 p.m., the president will announce who he intends to nominate for the supreme court. and it's interesting to some tweets have come out against these unnamed individual. i would take a few questions. reporter: president trump asked the prime minister to join him. when can syrian civilians expect to receive this support? >> mr. spicer: it is an important note that there

you cannot inject uncertainty into one-sixth of the american economy without having significant negativeeffects on our nation. congress should be in the business of increasing certainty, not increasing uncertainty. and if we go into the biggest sector of the american economy with a repeal, without any replacement strategy, it's the equivalent of, umnot going to jump on a cliff, and i will figure out how to land once i am in midair. this will be economic malpractice to affect that many people. second, the affect of the repeal of the affordable care act is sort of an under-the-table tax cut for the wealthiest americans. millionaires, if the affordable care act is repealed, there are two taxes on high earners that are part of the financing of the affordable care act. and these taxes on high-earning americans would expire, and this is hundreds of billions of dollars over ten years of a tax cut. millionaires would get 53% of the tax cuts from repeal, which is more than double the same group's share of the 2001 and 2003 tax cuts that were done during the bush administration. and just to put it

the economy. this is an economy based on making poor people needed. the families came, none came with money, but came because they were necessary in the american economyt attracted ambitious riffraff. this is a country based on that effecti effectively, and when the economy says you're not necessary there's a dignity crisis. the solution is in that observation. what can we do for an economy that creates skills needed in the economy and creates jobs for people in the bottom of the economic system? make people needed. that's the solution to the dignity gap in america today. >> i hear you say improve education. i get that. >> right. >> are there other policy prescriptions that should be put in place by members of the cabinet? >> well, number one, tax reform that makes it possible to create jobs in the country. it's very encouraging that president trump, apparently, talk he's going from the inauguration to the capitol and sign executive orders that try to erase some of the job destroying presidential orders that have been made over the past eight years. we can get out of the way of people trying to create jobs. >> jobs have been created. to be clear, jobs

were sold to sony after michael jackson's death. >>> small businesses are the big engine of the american economy. they are responsible for a majority of the new jobs created every year and are a vibrant path upward mobility. some are pinning their hopes on the new administration to help give their dreams a jump start. kate rogers has more from detroit. >> reporter: joe spencer has seen economic booms and bust. owning his louisiana creole gumbo. >> last year we had our best year. we had $1.2 million in sales. >> he expanded to a second location and plans to open two food trucks. but one thing is on his minds these days. donald trump will impact the economy. >> business owners have varying opinions across motor city. in recent years, over $3 billion has been invested in detroit's downtown more more than 100 small businesses have since launched. tom augusta opened his restaurant as the session took hold. he is concerned. >> small businesses are the ones that bear the brunt of things that happen in washington. people talk deregulation, i get worried. it doesn't really help the common persons. >> the

he understands the strength of the american economy. on the campaign trail, he talked consistently about his enthusiasm for allowing americans to purchase health insurance across state lines the way we buy life insurance, the way we buy car insurance. >> pence says he expects the plan to replace obamacare will be brought forward in the early weeks of the new administration. >>> do stay with us for all of the inauguration events. we will have special coverage starting friday morning with our political team live in story we're following. former president george h.w. bush and his wife barbara undergoing treatment at methodist hospital. he is in the icu, the intensive care unit following a procedure to relieve pneumonia-related breathing problems. as a precaution doctors also admitted mrs. bush after she complained of feeling sick for the last few weeks with coughing and fatigue. >>> a sheriff's deputy has been killed in a shoot-out in north dakota. authorities say a suspect in a stolen truck led four ours on a 15-minute chase. the deputies

the president-elect was clear on anything in the campaign, if you try to take advantage of the american economy want to produce your goods elsewhere, gm is a great example. the "wall street journal" says 20% of north american products they import are made in mexico or abroad, if you're going to do that and take advantage of the american economy you will suffer in the form of a tariff, perhaps. >> is there a danger -- go ahead, austan. >> i was going to say be careful concluding it's about policy because none of the companies that have not been targeted by donald trump are coming out and saying they're going to do that. you don't see chrysler coming out and saying we're going to open this extra plant. it's only when you get targeted they come out and respond. there are a lot of business people asking, wait a minute, donald trump's own businesses outsource their jobs. so how is he determining who he's going to go after? >> austan, i do think he's -- look, he's not even president yet, he's done a pretty good job, 700 jobs from ford and 1,000 from carrier and getting lockheed and boeing to rethink

you know, public sector unions will be a future of the american economy until the end of time. but they do need to reform. and we have seen a divergence between what the leadership is saying and what those people on the ground are saying. now, a lot of them back trump, not a majority obviously, but they need to have a discussion about how best to move forward, how to represent their workers interests. to emily's point about the minimum wage, donald trump has said that he's not for raising the federal minimum wage but close to 70% of americans want that. >> are going to see an increase in the minimum wage in the coming year. >> i think $15 is going too far when you look at what reasonable economists are saying, but we have over 600 economists saying 10.10 is a good baseline and if you're in new york city you can go to $12. if you're a bigger city, maybe los angeles, i don't know $15 seems a stretch for anywhere. but those kinds of local conversations can be had. but just out of the gate say no minimum wage hike when 70% are saying this is something they need to be able to surviv

. >> the japanese car industry contributes heavily to the american economy and employs 1.5 million workers in the u.s.. industry andrt the explain efforts to the administration of president elect donald trump if necessary. >> on thursday president-elect trump threatened the manufacturer with a border tax, which would apply if the company went ahead with its plans for a in mexico. the threat echoes his previous onning of a 35% tax companies producing south of the border. speaking to the financial times, nissan's chief executive called americanncoming administration to clarify its position. laws, regulations, expectations and policies to be announced. this has to apply to everybody. we are all in the same boat. >> trump has repeatedly slammed american companies and lately carmakers for using low-cost factories abroad. his tutor attack against toyota was the first time he had targeted a foreign carmaker. is due tonomy chump inherent in just a few weeks time is continuing on a broadly positive trajectory, firing in the tepid month of december. that brought the overall unemployment rate up slig

this week, to begin to roll back the onerous regulations that have been stifling growth in the american economy and stifling jobs and opportunities. we're going to be working with the congress over the course of the first several months to construct the kind of tax reform for businesses and individuals that will unleash the bound-up energy in the american economy. we're going to keep our promises to end illegal immigration, build a wall. we'll have an infrastructure built. we'll invest in rebuilding our military, as our commander in chief marshals strategies with our military commanders to hunt down and destroy isis. but the first order of business is to repeal and replace obamacare. and that was our message today, and it will be our message on capitol hill. and it needs to be done. not just as a promise kept, but because in the course of this election, the american people had a choice. and what appeared to many as against all odds, oftentimes with overwhelming opposition, our president-elect took his case to the american people to repeal and replace obamacare, and the american people voted dec

the average american worker is -- and the president-elect is committed as in my in an economic adviser to work for the american people and grow the american economy so the average american worker does better and that's why i've been willing to sell all my investments, i've been willing to give up my businesses. my desire is to work for the american people to create a better economy and i understand that. i have traveled for the last year. i've seen this in the president-elect understands that very rarely. >> is one question on that and i'd know my time is limited so did you mention what tax break policy you would give to the american worker? >> absolutely. we specifically said the objective is to create a real income tax cut and to create business taxes that puts incense businesses to grow and make businesses more competitive and hire more people. >> not specific to education or pensions or anything. >> as we have had it chance to talk i think pensions are very important issue and i'd be happy to work with your office another time. i think the people that have earned pensions deserve to have those pensions maintained and be safe and i'm very conc

. >>> well, with yellen's optimistic outlook for the american economy, that actually led to a jump in the dollar and this caused a rally on the tokyo stock market. the u.s. currency is bouncing back this morning. it is now trading at the mid-to upper 114 yen levels. and that's up more than 1.5% from wednesday's seven-week low. the prospect of u.s. interest rate hikes also lifted the dollar against the euro and yellen's view was bolstered by a strong december reading for u.s. consumer prices. and tokyo share prices surged at the open on the weaker yen. the nikke 225 is currently at 19,079. the key index, as you can see, is above the 19,000 mark and that's after closing below it in the last two sessions. most sectors are higher except energy related ones. financials are leading the advance as u.s. treasury bond yields climbed. let's move to open markets at this hour across the asia-pacific. we're seeing australia's shares higher up .03. seoul's kospi is a touch in the negative. samsung's shares opened after rejection. >>> wilbur ross was speaking at his confirmation hearing in the senat

professor,s day, let's start with the american economy. can donald trump come to the rescue? needs to be rescued. the economy is recovering very well. but, yes, i think donald trump in the near term probably is going to see in even better economy than we have seen in the last year. tom: the arch debate is over part-time versus full-time america. alan krueger, there is a small startup school in new jersey called princeton. alan krueger has written with gigence katz about the economy. part-time,ut advanced? is that a good thing? ken: i think there is a certain romance for manufacturing jobs. we saw that in the election. it reminds me a lot of the way when i was growing up or even as acollege student, there was romance for agricultural jobs. manufacturing jobs are going to disappear, too, with or without donald trump. ,om: the creative destruction you and i witnessed. we both grew up in rochester, new york. in the last two or three years, they destroyed the kodak manufacturing buildings of my childhood. what is it about the present economy that will be transient and not permanen