she says she is underemployed. go ahead. caller: i am a first-time caller, even though i have been listening for 10 years. host: what is your job situation? caller: right now, i am an instructor for montgomery county parks and planning. i am only working a few hours a week. i am underemployed. before that, i worked as a data analyst for the fda. about five years ago, i became partially disabled with arthritis. i have been working for the last five years. it has been a struggle because i am over 50. i have been working with the senior employment agencies and i was able to get something two years ago. that was with the national career center and i work at the eta. that ended last year. i found work with the county as an instructor and that is what i am doing. you only can get so many hours a week. host: the do you think even if the economy starts to turn around and more people get higher, and the unemployment rate goes under 8%, that people 50 and older will be the last people to get back into the job market? caller: yes. unfo

lou: in that thing most people who are looking at 23 million people unemployed and underemployed, discouraged, when they look at one and a half percent growth, they understand that there are consequences to public policy choices and budget's five years to my trillion dollars plus deficits, $16 trillion in debt. and in entitlement spending without and. it is, perhaps, to be on the right side of history, time for. joining us now with her reaction to what is becoming a more frequent extension of power by this president is elaine chao. the former secretary of labor. your reaction to stripping out the work requirement from welfare reform. >> i think it is stunning. it is stunning views of executive powers and the disregard for our three branches of government. on the intent of the welfare reform law that was passed in 1996, it was quite clear in the work component was a very important part of it. basically all of our research we knew that work was a major component and all of the assistance programs revolve around the work focus that people had a much better chance of getting off of the roles, sta

that's still well below the 250 or 275 we need to get us out. >> you're watching the underemployed, as well. >> very interesting. we're talking about this. a number not a lot of people pay attention to but should because it's much more reflective of what's going on in really the country of people underemployed or in fact unemployed. 15% and 18% is much more reality than the number of the headline. >> all right. we'll see you later. this is a tough market today. on the downside. off of the lows, though. back up to you. >> thank you very much. >>> numbers of gm showing a stronger than expected profit there. let's look at the stock and where it stands. you see it down half a buck at $19.13. year to date, down about looks like 3%. i can't see it. all right. phil lebeau live at gm headquarters in detroit, phil? >> reporter: tyler, this is a case it doesn't matter if you beat the street. gm beat the street by at least 16 cents. they have no confidence in predicting what happens in europe and why the stock is lower. run through the numbers. gm posting 90 cents a share profit for the second qu

over 20 months of 23 million americans are unemployed or underemployed. and costs of health care and college tuition has gone up and the federal debt has gone up by 49% in the 3.5 years that this president has been in office. we cannot change the direction of this country soon enough. and unfortunately what this president was doing, as mentioned by pete. he's not met with his job's council in 109 days. you would think with the state of the economy and this country that the president would be focused like a laser to get this economy going and putting people back to work. during that 109 days he's not held job council and held 104 fund-raisers and has time to play 10 rounds of golf. and he's got his priorities straight but this is not about americans but the election. we need to change the direction of this country. the only way to do that is to elect someone at the presidential level. and knows how to fix the economy and put americans back to work. i endorsed mitt romney before the ohio caucuses because i believe that he's got the skill set, the experience

they did not ask to be underemployed or be part of a housing bubble. they're catching hell through no part of their own and the social safety nets for women and children, they're out there now. >> -- we have to change unemployment compensation so if you sign up for unemployment you have to go into work training program so you're increasing your skill level. you go to a place like north dakota which has a huge boom on oil and they have 3% unemployment but that number is misleading. they have 17,000 jobs should they cannot fill. there are 7000 people of work and 7000 job vacancies. the 7000 people do not have the right skills so the first thing you do is you realize we have to train american back into jobs and make is fully competitive in the world market. the second difference and the second place where i would approach this very differently from the obama model is you dramatically favor small business. small businesses hire people, small businesses for ethnic minorities is where they started. you have your future steve jobs and bill gates and not from

. >> if you're unemployed or underemployed and think you can't afford insurance, think again. >>> first all over now but last note a ditch story. lightning just lighting up the sky. this is from northeast baltimore. there were reports of hail in some areas and flosh flash flood warnings. >> a wild night of weather. this is for southern maryland, dorchester county and the certain tip of the state. not that we won't see an isolated storm. it's fizzling as it crosses north of queen anne's county. we think a lot of activity will track to the south. most of that will be in the southern state. how things change, we'll talk about that. >>> in less tan two hours bge will lessen to your opinion of the job they did for june's power outage. it was days before they hadder that service row stored. it was scheduled by the maryland service commission and being held by the george howard building

the unemployment rate, that's where you fine people that are underemployed. nothing wrong with having plenty of people to work in restaurants. the restaurant people love it. but you have people that are overqualified for the jobs. the restaurant industry usually is a starting place for a lot people that may not have a lot of skills. you are right, restaurantses and bars, why? people are it will going to eat. they are still going to try to drown some of their misery in this sort of thing. the fact of the matter is, as the previous guest indicated, we are looking at an atrocious unemployment level with too many people getting totally discouraged. >>eric: sir, would you korea in -- weigh in on chick-fil-a. that controversy, where is it for you? >>guest: well, i i talked with him two days ago. he did not say he was against marriage. he said he was for traditional marriage. look, this is what is so ridiculous about this whole accusation toward chick-fil-a. this concept has been closed on sunday since its inception. duh. maybe they do believe in traditional marriag

and there is underemployed. has gone up. that we have the unemployment rate. bad, too. have home prices that have gone down. >> romney promised his economic will create 12 million jobs in the next four years. all eyes remain on the mitt romney campaign on his runningment for his mate. keytill to come, two in the chick-fil-a controversy. what you can expect to happen tomorrow and an announcement local impact afterwards. a maryland man is grabbing headlines. if you've been successful, you didn't get there on your own. if you've got a business, you didn't build that. somebody else made that happen. my father's hands didn't build this company. my hands didn't build thisis company. through hard work and a little bit of luck, we built this business. why are you demonizing us for it? it's time we had somebody who believes in us. someone who believes that achievement should be rewarded not punished. we need somebody who believes in america. [ romney ] i'm mitt romney and i approve this message. one person is dead and dozens remain in the hospital following a massive accident ab

that's 2 million americans -- 23 million americans out of work or underemployed ♪ ♪ i want to go ♪ ito win [ breathes deeply ] ♪ this is where the dream begins ♪ ♪ i want to grow ♪ i want to try ♪ i can almost touch the sky [ male announcer ] even the planet has an olympic dream. dow is proud to support that dream by helping provide greener, more sustainable solutions from the olympic village to the stadium. solutionism. the new optimism.™ ♪ this dream in absolute perfect physical condition and i had a heart attack right out of the clear blue... i'm on an aspirin regimen... and i take bayer chewables. [ male announcer ] be sure to talk to your doctor before you begin an aspirin regimen. he's my success story. [ laughs ] he's my success story. announcer: at this moment, st. jude children's research hospital is saving lives with pioneering research and care. and we'll never have to pay st. jude for anything, ever. at this moment, she wants to be in her own bed. i want to be back at school with my friends. i want to be outside playing. announcer: please take a moment and visit stjude.or

then there's underemployed and unemployed. and then we have the home prices, they've gone down.s in red, too. then we have the budget deficit. that's gone up. that's in red. finally, we have family income. that's gone down. all measures he laid out are measures which have gone in the wrong direction. when i get elected governor of my state, i had the people i was traveling with, i want you to write down all the things i promised during my campaign, all the things i said i'd fight to try and do. i had a legislature that was 87% democrat so i knew all the things i wanted to do wouldn't get passed but i'd get as many through as i could and fight for all of them. i said to the people that traveled with me, please write down all the promises i made in my campaign and i you aed a few more in my state of the state address and the inaugural campaign and halfway through my term as governor i published the promises and checked where they were, which ones i succeeded on and which i tried and couldn't get done and only two were the ones i hadn't get been able to take far enough to put them

we have 23 million americans today that are out of work or underemployed. people who have pulled out of the workforce. 23 million. of those technically unemployed by the bureau of labor statistics numbers, that is above 8%. he said he would hold unemployment below 8%. it has not been below 8% for 41 straight months. that is the longest period in american history. the president has been unsuccessful in his number one objective as laid out by his own measures. next, he said he will see how much it will take for a good mortgage. we see record numbers of foreclosures and home prices down. he said he will judge success by average family income. that has gone down. the average family's income has gone down $4,000. you know the measure -- he said he will measure success by whether somebody who has a good idea will go out and started business. [laughter] i hope he understands that the people that have a good idea and start a business are the ones that build the businesses. [applause] we are at a 30-year low in the number of business start-ups that have occurred. a

months with unemployment above 8%, 23 million people out of work or stopped looking for work and underemployed. those policies we know where they lead. they lead to an america that's not as strong as it must be for ourselves, for our children and for the world. or we can take a course which i will represent, which is to keep america strong to get america to do the things to get jobs again, rising incomes again, people know their future's bright and their kid's future's bright. i love this country and doyle everything in my power to keep america strong. we are going to take back america and keep america the hope of the earth. thank you so very much. thank you. [ applause ] >> bring back candy. you look at the jobs numbers here, seven states, the swing states, those tossup states could make a difference in who becomes the next president. had in four of those seven state, ohio, new hampshire, iowa and vark the unemployment rate is actually below the national average. how much does it make a difference here, a significant difference when you look at how many people are employed or unemployed now?

we have 24 million people suffering either unemployed or underemployed. we have kids graduating from office with less than half of them being able to enter jobs, even slightly related to what they studied for. one and a half percent growth rate last week. the worst growth rate you could possibly imagine at this stage coming out in the fourth year of coming out of a problem. the growth rate should be around six to eight percent, and this president is a failure in that. he spent $5 trillion and he has nothing to show for it. he thought there were going to be shovel ready jobs and he admitted he was blowing smoke when he said that. we have an economic disaster. and when you ask the president what's going on, he says it worked. why can't he be honest and acknowledge the fact that it failed, not that it worked? >> wow, john sununu, the sky is falling, the sky is falling and i'm chicken little. george that's not you. this is not you to be so negative and pessimistic about america. i have lectured sean has been about this. you have to believe in the country. and

if you take the unemployed number and the underemployed and that's really how we should look at our economy, because if people are not fully participating in the economy, to them, guess what, it feels like a recession and that's where we're at. we're actually at a point, we have 20% unemployment and underemployment in the state of california. i like the state and the-- and i do about every 20 years, but we're in a point that we've not hit the circle and by the way, susan, love you, 150,000 jobs is a strong recovery? are you kidding me? we need 300,000, we would need 300,000 for the next four and a half years to get to 6% unemployment. let's not kid ourselves. >> i'm going to somebody who might be an ally of susan. jonas, when you're looking at unemployment. sometimes it can really reflect the economy, changing economy, changes from old to new one. >> there's a lot of countries that never go for much under 8% and france had a-- >> france? >> and by the way, countries like japan in economic stagnation for 30, 20 at least years and the unemployment number is above 6%, and that's the only data

governor romney and his supporters by the argument, and they tend to be the unemployed or the underemployed or those making minimum wage, how do you get them to push obama if he is their choice? >> they have to make demands on him. they can still vote for him, but they can say before voting day, we are demanding that you take this position on cracking down corporate crime and consumer abuse and fighting poverty and raising the minimum wage. that is the way you do it. if you are a least-worst voter, that does not preclude you from the weeks before the election, making demands. to many people think that they are precluded. they think that just because they want obama to win, that they can't hold him in that direction that millions are deprived in economically suppressed working americans. that means obama can take all of you for granted and about even look back because he knows he's got your vote in be pulled by the corporate people. the corporate lobbyists in a direction where there is no pulled toward the people. it is a failing voter strategy. put demands on the people. he put demands on t

. >> adding two million when college graduates are unemployed or underemployed, that is just negligent. >> it could benefit nearly 2 million undocumented immigrants. in federal bankruptcy court, the judge has approved the sale of the spero steel mill to a liquidator. the location had been put up for auction in new york after the boehner filed for bankruptcy back in june. around 2000 -- after the owner filedor bankruptcy back in ne hour and two ousand people were laid off. the heat wave has been the -- the heat-related deaths has been the worst in seven years. the total number of deaths this summer is 40. most of the victims have been 45 and older. nearly half of them died during the power outages caused by the june storm. 39 heat-related deaths were confirmed that in 2006. and in 2005, 46 people died from heat-related illnesses. health officials say that another person has tested positive -- tested positive for hepatitis c. david cook county had contact with thousands of people. kia s thha latest developments on ts. >> state health officials are working very closely with four maryland

. >>> and underemployed or just lazy? millennials are cruising through their 20s with little thought to a career path. are they purposely choosing low- paying jobs? chuck brown would have turned 76 years old today. and he was known for i need some money, nominated for agmy in 2011 and he died in may after being hospitalized with mano one -- pneumonia. a. organic artichokes, organic lettuce, organic kale... a. does your cauliflower have a big carbon footprint? not at all. that's great. melons!!! oh yeah!! well that was uncalled for. uhh... mr. gallagher. incoming!!! hahaha! it's wasteful. you know jimmy. folks who save hundreds of dollars switching to geico sure are happy. how happy, ronny? happier than gallagher at a farmers' market. get happy. get geico. fifteen minutes could save you fifteen percent or more. . >>> middle class families are earning less than before the medium income dropped to a little more than scene thousand dollars a year. the net worth dropped 28% to $93,000 about 85% of people who consider themselve

right now in this economy and with national debt being 100% of gdp and 23 million americans either underemployed or unemployed. we believe that biggest way to help women, and i think that is the case we will be making between now and november. >> we will be hearing a lot about of support over the next couple of days. congressman, thank you for joining us. tonight, we will be hearing from the vice-presidential nominee, paul ryan. the crowd very excited about listening what he has to say. he will be focusing on the deficit, of course, as we just heard. he will also be focusing on jobs, and that key issue in the campaign -- the state of the american economy. >> kathy will be bringing the program alive from tampa, so tune in then. a book due to be published next week raises new questions about the raid that killed osama bin laden in may last year -- its author, a former navy seal who took part in the operation, appears to counter the official noted. what in the book is causing a stir? >> at the time of the raid last year, information seemed to change every day, so there was confusion, pretty clearly

. >> 23 million americans out of work or underemployed. >> reporter: to make the bad news thin. he stuck to one part of the report the unemployment rately did pick up. more than 3 years above 8%. >> good times coming back to a nation suffering under this president. >> reporter: but president obama pointed to another number to spin good news that even economists weren't expecting. 163,000 jobs added last month so he it claim that for more than two years the economy added private sector jobs every month. >> those are our neighbors and family members finding work, and the security that come was work. >> reporter: in some key battleground states a poll that romney has to make up. he's down 6% in florida and 11.sbehind in pennsylvania. >>> but romney is getting star power after clint eastwood showed up at a fund raise irjoking with reporters. >> yeah, america. >> reporter: that, as they question the super bowl ad for a car company which some thought was endorsement for the president who bailed out detroit. but just like dirty harry -- >> go ahead, make my day. >> the republican actor

more jobs every time we did it that i think is of more important -- importance to unemployed or underemployed people than whether some guy who's worked all his life saved money, makes money on capital gains. >> but look at all the sensitivity you're seeing and this is an objective assessment the sensitivity of romney about releasing his tax returns, that's not a problem perceived as making millions and millions a year maybe $20 million a year and not paying taxes on it. if you create that law that says you can make $20 million a year off other money, money you accumulate like a quarter billion like him you don't think that's a sensitive point? why is it so sensitive with romney, then? he doesn't want to put out his tax returns. >> first of all, he has put out a couple years of -- >> no just one year and he promised to put out another one. >> which is what other people have done historically however -- >> why is he sensitive about preleasing more tax returns? i'm just asking. >> i don't know the reasoning. i haven't talked to him about that. on the capital gains tax, remember, we in the united

themselves through college and only 50% are actively engaged in the workforce and the rest are underemployed or unemployed, what do you have to say? we do not think that is a good thing. not for the individuals or states that are depending on bride-to stay in them. it is not good for the country, long term. many folks are going home without jobs. they're staying with their parents and trying to pay their loans. that is why we firmly believe things need to change. host: we have a tweet -- guest: that person is correct. you are able to see some candidates have emerged very strongly. ron paul has a strong following. you have to be careful how you define libertarian because a lot of times, we are talking about a great deal of frustration at bel federal government. people are frustrated with political parties. people feel like they are contributing to the debt. people are absolutely correct about that, to some extent. libertarian as some is -- libertarianism is very strong. in addition to ron paul getting enthusiasm, you have very strong candidates like rick santorum who were able to get the majo

supporting those unemployed and underemployed people, supporting struggling small businesses in a difficult economy, and i support the small businesses versus more chain stores that seem to be coming into the store fronts, but i try to be sympathetic to local businesses because they make up the diversity of our local neighborhoods. those are some of the challenges that face our businesses. >> are there other issues specific to your district? how do you balance the needs of the issues in your district against the needs of the city as a whole? >> i know that our district has a higher proportion of seniors than some other district, and there is a brand new senior complex and wraparound community services complex called the institution on aging bridge housing complex, but it is going to concentrate a lot of the senior services and nonprofits. about 180 units of affordable senior housing in our district. i am actually a baby boomer, at the edge of the baby boomer, and i know that baby boomer era. there's this huge boom in a population of seniors in our city that will grow. i think by 2020, 60% o

then there's unemployed and underemployed.e unemployment rate, that's bad too, that's why that's in red. and then we have home prices, they've gone down, that's in red too. then we have the budget deficit, that's gone up, that's in red. and finally we have family income, that's gone down. all measures he laid out are measures that have gone in the wrong direction. now, when i got elected governor of my state, i had the people i was traveling, i said, i want you to write down all the things i promised during my campaign. all the things i said i would fight to try and do. now, i had a legislature that was 87% democrat, and so i knew that not all the things i wanted to do would get passed, but i'd get as many passed as i could and i'd fight for all of them. and i said to the people who will traveled with me, would you please right down all the promises i made during the campaign. and i entered a few more in my inaugural speech and in the state of the state address, so we end up with 100 promises. and halfway through my term as go

that's 23 million americans out of work or underemployed, and those are real people. i'm very concerned about how we can get americans back in good paying jobs with a bright and prosperous future. and let me tell you, i know how to do it. >> we haven't had to come back from economic crisis this deep or this painful since the 1930s, but we also knew that if we were persistent, if we kept at it and kept working, that we'd gradually get to where we need to be. here's the thing, we are not going to get there, we're not going to get to where we need to be if we go back to the policies that helped to create this mess in the first place. >> despite the mixed results on that jobs report, many economists believe the fed may step in with additional stimulus as soon as its next meeting that takes place in september. >>> it was an overnight celebration as the rover "curiosity" landed successfully on mars. nasa's control rooms were jubilant as "curiosity" touched down inside a giant crater on mars's surface. nasa officials called it seven minutes of terror as they waited for it to

it gets us 23 million underemployed, million-dollar deficits, and 2% gdp growth. that this failure. it is time to get somebody who knows they are doing. neil: tom stemberg, the man who founded staples. we will not have a media poll results going into the democratic convention. these dimensions are back-to-back this wraps up the republicans and next week we kick things off with the democrats in charlotte. people will look closely one of the friends and former colleagues to say he did not go for the jugular. he did not say anything nasty, just a disappointment. is that his style? >> i am not an expert but he went to the women's vote compassion, love, thinking about the future and her family. neil: and we want to stress that i was hopeful four years ago with open change he did reference the greek columns but he does look like the older executive it did not work out. i think that is more demanding than to say he is a loser. he said it did not work out. >> his record speaks for itself. it could give people more confidence on his leadership skills. neil: the argument americans are worse o

eight point two percent the broader measure of unemployment which measures the unemployed and underemployed it's not to be perhaps more accurate of a representation of the jobless situation is ticked up a little bit to fourteen point nine percent it's been around fifteen percent this is another bad jobs report we had one last month that was really bad too it's been it's been the trend it's been there a long trend and you're saying that beyond these numbers debt factors and so what is it one relation between debt and unemployment will and why is it significant it's the correlation according to paul krugman and all the liquidity trap people should be pretty much zero before we get the zero bound and then after we get the zero down you should find some sort of correlation over the period from not in eighty two two thousand and twelve the correlation is about point ok so what is it that may not get it well it says when dick goes up on employment falls involves supposedly negative correlation ok goes up unemployment fall yeah because people are going up on shoes you know and up goes the number o

when there is over 8% unemployment and over half of recent college graduates are unemployed or underemployedthat is just negligence. >> a some republicans have accused president obama of making the change to boost his chances of reelection. >> the president has come under fire recently from hispanics, jose has not fulfilled promises on immigration -- who say he has not fulfilled promises on immigration reform. >> residence in central baltimore county and no. baltimore city are cleaning up today following last night's wild weather. some areas were flooded and roads were littered with debris. emergency officials recorded making a number of water rescues last night and this morning. some areas got up to 4 inches of rain, not to mention gumball sized hail and damaging winds. many customers were without power. that number is now less than 1000. it may be another 12 hours before the work is complete. that is, following this tanker truck accident. the have to continue offloading 9,000 gallons of propane from the big rig, which lost its brakes coming down the hill. the 150 residents have been evacua

unemployed or underemployed. nearly one in six americans is in poverty. millions of young americans have graduated from college during the obama presidency ready to use their gifts and get moving in life. half of them can't find the work they studied for or any work at all. so there's a question, without a change in leadership, why would the next four years be any different from the last four years? [applause] the first troubling sign came with the stimulus. it was president obama's first and best shot at fixing the economy. at a time when he got everything he wanted under one party rule. it cost $831 billion, the largest one-time expend tchur ever in our federal government. they went to companies like sill lynn drum with their gold-plated connections and subsidized jobs and make believe markets. the stimulus was a case of pate tra imagine that and croneyism at their worst. [applause] you, the american people of this country, were cut out of the deal. what did the taxpayers get out of the obama stimulus? more debt. that money was not just spent and wasted

growth, over 40 months now of unemployment above 8%, 23 million americans either unemployed or underemployedve got since this president took office, fuel prices have nearly doubled, health insurance costs have gone up by 23%, college tuition costs have gone up by 25%, the number of people and food stamps has gone up by 44%, and the federal debt has gone up by 49% in the three and half years this president has been in office. we cannot change the direction of this country soon enough. and, unfortunately, what this president is doing, as was mentioned by pete, you know, he hasn't met with his jobs council in 191 days. you would think with the state of the economy and the state of unemployment in this country that the president would be focused like a laser on getting the economy growing and putting people in this country back to work. but he is now doing a 191 days that he hasn't met with his jobs council about the economy has held 119 fundraisers and found time to play 10 rounds of golf. so he definitely has his priorities straight, but his priorities are a lot more about the election this fa

underemployed. nearly 1 in 6 americans is in poverty.illions of young americans have graduated from college during the obama presidency, ready to use their gifts and get moving in life. half of them can't find the work they studied for or any work at all. so, here's the question. without a change in leadership, why would the next four years be any different from the last four years? the first troubling sign came from the stimulus. it was president obama's first and best shot at fixing the economy at a time when he got everything he wanted on a one party rule. it cost $831 billion. the largest one-time expenditure ever by our federal government. they went to companies like solyndra with their gold plated connections, subsidized jobs and make believe markets. the stimulus was a case of political patronage, corporate welfare and cronyism at their worst. you, you the american people of this country were cut out of the deal. what did taxpayers get out of the obama stimulus? more debt. that money wasn't just spent and wasted. it was borrowed,

there's the unemployment, there's 25 million americans of underemployed or unemployed.hey are going after taxes and accused mitt romney of being complicity in a lady's death and stuff like that. >> reporter: thank you being here. >> nice to be here. >> woodruff: governor sununu was in new hampshire and his son was a senator from the state. >> serve in the army and now hold the same job as thomas jefferson and patrick henry. what an incredible country we call home here in the united states of america. [cheers and applause] this nation is powered and defined by the great idea of the american dream. that's an idea that says if you work hard, if you dream big, if you follow the rules and pursue opportunities the sky is the limit in the united states of america. we cannot lose that dream. [cheers and applause] now, unfortunately, many americans are now hurting very badly. too many americans are looking for work because this president's policies simply haven't worked. washington today has the surplus of rhetoric and a deficit of leadership and results. [cheers and applause] a