tv This Week With George Stephanopoulos ABC June 3, 2012 9:00am-10:00am EDT
good morning and welcome to "this week." as romney clinches the nomination -- >> let's keep america strong, let's have a president that know was it takes to get it work. >> the massachusetts record was alarmingly weak. grim news on jobs rocks the presidential race. >> our economy is still facing some serious head winds. >> the president's handingle of the economy has been dealt some harsh criticism tonight. stephanie cutter for obama and eric fern stom with our powerhouse roundtable.
plus, john edwards gets off. >> finally my precious quinn, who i love more than any of you could ever imagine. >> george w. bush gets some laughs? and mike bloomberg starts a soda war. all that, right now, on "this week." hello again. just about five months before election day, that jobs report on friday was a gut-check for president obama. it reminded all of us what this campaign is really about and just about guaranteed the race will be a nail-biter all the way. latest polls show a dead-even contest the country on edge and divided as ever. not thrilled with president obama's leadership. not sure governor romney has any better answers. here to make case for their
nominations, eric fehrnstrom and stephanie cutter. they join george will and paul krugman. stephanie, let's get to the economy. let me begin with you. right after that jobs report came out on friday, governor romney respond. he said, the president is responsible for the fact that the recession has again on for so long and hurting so many people, your response. >> the president said it best on friday we're still in a recovery period. over the past 27 months, we have created 4.3 million private sector jobs. the issue is we're not adding jobs fast enough. if you looked at the report on friday, the areas we're dealing well is where we can affect policy. manufacturing jobs have continued to rise. the president stepped in and did what nobody else was willing to do to save the auto industry. that has had a great impact on
the manufacturing line. that report also showed areas that are still hurting. particularly teachers and construction workers. we have two very -- two policies sitting on the desk of congress right now that they could act on. put teachers back to work and put construction workers back to work. >> eric what do you make of that? >> well, i agree with stephanie that first, this president is not adding jobs fast enough and i think for anybody who is urgently waiting for improvement in the economy last week was not a good week and it's not just the devastatingly weak jobs report that we got on friday it was also the revision in gdp done ward for the first quarter, drop in consumer confidence. an increase in unemployment claims. it's not that we don't think that this president is trying. we think he is. his policies aren't working. >> george -- not just policies.
we gave the keys to the largest economies in the world to a person who didn't have any prior executive leadership experience. governor romney has led in the private sector, he organized and ran the winter olympics. that's a big difference between the two. >> let me turn it over to george will now, this comes at a time, where perceptions usually get baked in a presidential race. >> exactly. no matter what congress does, nothing will change the trajectory of the economy right now. since world war ii, no president has been re-elected with the unemployment over 7.4%. we have 40 consecutive months of 8% or more. the jobs report went down. they revised downward the jobs creation in april.
nothing in this report to give consumers confidence. the question is this is going to be 1984 or 1980? reagan after deep recession, the revival has become. 1980, a sense of stagnation and it looks like increasingly like that. >> where is the my right now? >> the economy is right now. it's terrible. but weak. the bitter irony for obama, certainly for people like me, if the republican answer, let's slash spending, let's have low taxes, that's the. policy that we have been following. if you lock at the last couple of years, we have seen -- >> we have a chart. we created, it shows the point you're making. >> this is adjusted for population growth and inflation and it's plunging. it's money jing mostly because of the cutbacks at the state and
local level. unemployment benefits have been expiring because congress won't extend them. in effect, if you extend that chart backwards. nothing like this after the demobilization after the korean war. it's not the president's policy. in effect, we got to policies that the republicans say they'll impose if they take the election. >> that's the point stephanie was making. bringing it back to you. what would governor romney do right now to get the economy moving right now? >> not just his tax policy, his spending policy, regulatory policy. confronting china on its unfair trade practices. it's labor policy, george. the governor has laid out very detailed plans. what we really have here -- >> as i have know from detailed
plans there is nothing there. >> what we have here is a deficit in leadership and this president came into office without prior any experience running anything. he never even ran a corner store and i think it shows in the way he's handling the economy. >> can the president do anything now in. >> he can get congress to act. independent ost mates have put 1 million jobs on the table. that need to move that. we can impact the economy. we can give states the aid e they can to protect the teachers jobs, put construction workers back to work by rebuilding our bridges. >> how about the keystone pipeline? you don't need congress for
that. >> we have extended the keystone pipeline at different points in the country. it's currently under review. that's fraction of the jobs that we're talking about here. >> if private sector continued to expand instead of falling by 600,000 as it has, right there, we would have something $1.4 million working in this country. the track record of government spending, reagan is keyasian. if i have a political critique, this administration has been very reluctant to make that case. very hesitant about saying we're trying to do the right thing but those guys won't let us. >> the danger of that argument you were making part of it right now the more you blame congress
nothing gets done. the weaker you look. >> they have no alternatives. what do i know about political strategy? but, i think this is what they have to do now. we could have made this better. harry truman, the do-nothing -- >> could i say, george? on that point. i think it's important for republicans in congress to come together with the president on some bipartisan jobs legislation. the problem is, this president has made it nearly impossible to do that because of the way he demonizes his opposition, his personal attacks against paul ryan. when mitt romney was governor of massachusetts, he had to confront a democratic legislation. every week, he would invite the democratic leaders into his office and they would discuss agenda items. the important thing is, to keep the lines of communications open. >> well n terms of the governor of massachusetts's record. i think the democratic leadership in massachusetts will
probably tell you a different story about mitt romney's ability to reach across the aisle. the number of vetoes of the democratic legislation says it all. democrats working with republicans has been clear since day one. time and time again, they have rebuffed him. whether you're talking about the secret meeting that they had on the day of the president's inaugural on how they were going to defeat him or mitch mcconnell's number one goal was to make the president a one-term president. or bringing the economy to the brink of a disaster because speaker boehner couldn't get his republicans together to make sure that everyone was together. >> the demonization of the plan in your words. is that his blueprint for the budget going forward? >> at least he has a blueprint.
the president hasn't produced a blueprint. it was rejected unanimously in both branches. if we're concerned about what's happening in europe, if we're concerned about greece and spain, we ought to rein in our spending now. and get our debt and deficit down or else, we'll head down the same path -- >> george, that all sounds great. but the governor hasn't put any details on how he's going to achieve that. the details that he put out, for millionaires and billionaires, he's not telling us how he's going to pay for it. he's going to deregulate wall street. back to risk financial deals that crushed our economy. and the deal on china. >> i want to bring in george
will. >> he'll do what this president failed to do in china. that it's a currency manipulator. china is robbing us blind. they're stealing -- >> i was very much more that. demanding that we declare -- the wind for that has passed. right now the chinese economy is tanking. two years ago was a good time to do that. by god, now, that is totally out of date. >> how do you explain the governor's comments when the president did take action, that the governor called that protectionism. >> the governor has promised that he would confront china in ways that this administration has not. the president has the power right now to reach the treasury department. they are playing fast and loose,
gives themselves an unfair advantage and that's hurting american jobs. >> the president has had a lot of discretion and used it vigoro vigorously. this week the wall street journal had a long article on $1.2 billion invested in car batteries for electric cars. it's a complete mismatch and lots of money lost. i didn't hear a robust answer to george's question. where does the governor stand on the ryan plan? does he endorse it? >> he's for the ryan plan, he believes that it goes in the right direction. the governor has also put forward a plan to reduce spending by $500 billion by 2016. he has put details on the table on how he would achieve that. to say that he doesn't have a plan is just not true. >> the ryan plan and i guess this is kind of a personal
attack, but it's not, the plan is a fraud. the plan is a bunch of tax cuts. and then, a huge magic asterisk, that's supposed to turn into a deficit reduction plan. to say that there's really no plan there, neither from ryan and governor romney it's just the truth. if that's being harsh and partisan, i guess it's anti-partisan. >> the president's plan, there are no gigantic mystery numbers in his stuff. we do know what he's talking about. his numbers are, you know, all economic forecast are wrong, these are just ajry. >> this president has given us four years of trillion-dollar deficits. have we achieved a $1 trillion
operating deficit? that's what we have under this president. >> george? >> with his prediction about what the stimulus accomplish, his green jobs accomplish, the fortunes has shot the fortunate. when the leader of the russian revolution made a lot of predictions. his biographer said, his f farsighted none of his predictions have come true yet. i think president obama is far sit sighted in the same way. >> what's interesting about that -- >> unimplement would go below 8%. >> and stay below 8%. >> they were optimistic about es
own. without the stimulus, economy would fall sharply and that was, i don't know why they believed that, this isn't a problem with the president's policy. a couple of economists put together in january 2009, is that still what we're going to run on? >> this week, both campaigns went in to rival territories and said, at the open, david axel rod went to massachusetts. >> the state was 47th in job creation. fourth from the bottom under romney's tenure, massachusetts's economic performance was one of the worst in the country. >> this building, this half a billion dollar taxpayer investment represents how the president thinks about free enterprise. it means taking money from the taxpayers and giving it freely to his friends. >> stephanie, let me begin with you.
david axelrod made the point about massachusetts' jobs record. >> the story about massachusetts under governor romney. it fell to 47th in jobs creation. he left his successor with debt and a deficit and manufacturing jobs left that state at twice the rate than the rest of the country. there was a reason for this -- the governor didn't have a plan to get the economy moving again. the country was growing jobs. now at this point in his term, 40 months into his term, he created about 4,000 jobs. at this point in the president's term, massachusetts has created five times that amount in massachusetts. the reason up unemployment went down in massachusetts, is
because a quarter of a million left that state. >> i like an opportunity to respond to the political attack and that is the magic number, here, george, 4.7%. that was the level of unemployment achieved by governor romney during his term in office in massachusetts. anyone who wanted a job had a pretty good chance of finding win. i have no doubt that president romney would happily trade his 8.2% for his 4 .7% rate. >> it shows why america works as a currency union while europe doesn't. massachusetts had a terrible bust at the end of the '80s and the unemployment rate came way down and no recovery in jobs. because people left. i don't think a president of the united states can solve our jobs problems by encouraging americans to move.
>> this comes up repeatedly, massachusetts was 47 out of 50 in terms of jobs growth. we were 51 out of 51. by the time romney left, we were 37. it's a turnaround. what this president has been able to execute with the nati national economy. >> i have been looking at different numbers from the bureau of labor statistics. 36 out of # 0 states. when governor romney took office and he was 47 when he left. >> the question is, what is the mood of the country going to be five months from now? and you would like to congress to do something f anything that we know, anything that congress does now will have an effect if at all in 2013.
>> you can also say that's pretty safe they're going to do all that much between now and october. eric, the governor was very strong on solyndra. the day after he gave a report, a solar energy company that romney supported as governor was one of several coming up in the last couple of day and that was approved by the prior administration. goff more made it clear that his philosophy government shouldn't been in business of venture business. he veto funds that were set aside for that purpose. what the president did with solyndra exposes the hypoc hypocrisies.
it was a half a billion dollar bust to the american taxpayer. >> while just as mitt romney was inplentying a program started under a previous administration the president was doing the same thing, this program was started under the bush administration. it was started under the bush administration and the loan was given to solyndra to improve the clean energy sector. that loan didn't work out. that's 1.5% of a larger loan portfolio that's actually working. we now have the largest wind farm in the world in this country. because of the investments that we have made in the clean energy sector we have created almost 250,000 jobs. >> it was supposed to be 5 million. >> the president is not willing to cede the clean edge in
industry to countries like india. the real impact not only our competitiveness but on our stability. >> these are -- we're talking as if a billion dollars was a lot of money. in $15 trillion economy it's not. solyndra was a mistake as part of a long program. by and large it had a god track record. i think to be fair, that's probably true in massachusetts as well. this is ridiculous, that we are taking these tiny, tiny missteps that happen in any large organizations including bain capital. so this is ridiculous and the fact of the matter is, this president hasn't managed to get very much of what he wanted done. terribly unfair that he's being judged on the failure of the economy, which were largely
dictated by a hostile congress. >> george will you're calling this recall election in wisconsin, coming up on tuesday, scott walker facing a recall, second most important election this year? >> yes, because it's a microcosm of what the country faces. to change the trajectory of the public sector. unions are defending their privileged positions. it looks like as those that wisconsin are going to try to take that back. h he's running against a man whose reforms he's emulating and use zmrg walker is proposing tax cuts that will do much more to hurt the budget. this is it. it's a microcosm. it's not fiscal responsibility versus irresponsibility.
>> more than $3 billion budget that he inherited as a deficit has now become a surplus. time now to take a quick break. want to thank paul krugman for joining us. it sounds like you are fired up. >> the candidates' wives hit the trial this week. foreign policy fight. romney fires back at obama. >> what grade would you give president obama? >> an f. no question about that. >> across the board? >> across the board. can't wait for george will's take on the ban. >> no more giant sodas. this is the land of america. >> wow, mayor bloom berg, wow. i love this idea. it combines the government with the overreach that people love
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♪ i'm going to be out there a lot and i'm going to be traveling and the country. i love campaigning. i say this all the time f every american had the opportunity to travel around the country and go into people's living rooms and talk and we would understand that we have so much more in common. >> there's a sense in the country that we are in danger. and that we have got to turn this country around. michelle obama and ann romney throughout this week. want to thank donna brazile. both campaigns are going out hard this week. a huge shift in the women's vote. he had gone about 20-point shift in the last month now. only trailing president obama by about 11 points now. it was 30 back in april.
what happened? >> george, i think that the republican party is consolidating around mitt romney now that he's the nominee and but different polls show different things. there was another poll by your competitor the gender gap by a bigger margin. there were two interesting things about the abc poll this week, that is really telling about where the election is, one, women believe that barack obama understands their economic problems more than mitt romney does. number two, he'll take care of the middle class and help grow the middle class, not mitt romney. that symbolizes the debate we're having, how do you grow the economy? >> i think women view this election from the imprisonment of their own families. they're feeling squeezed by this obama economy. in many cases women manage
households. they're responsible for paying the bills. they're scrimping to save money for groceries. it's about not so much themselves but about their children and whether or not their children will have it better than they did and they don't believe that's the case today. >> george, as you know the gender gap is alive and well. and there's a larger gender gap between single women and maryland women. he's coming back a little consolidation there, not enough to break out in a split right now. here's what important, the economy is very important for women voters. very important for single women out there. and if president obama can continue to make case that he has the policies, the right policies the right ideas to move this economy along to keep it healing and keep it to growing, that gender gap will only grow
larger. >> isn't something about patronizing about the women's vote? you pointed right there in one position, between the married and unmarried. there's been a gender gap for election after election after election. but, you know how far back into the myth of history to see that, 20 months, in 2010, congressional elections, they carried the women's vote. >> gender gap has been alive since 1980, that's the first time we saw the difference between how men voted and women voted. based on their reproductive lives. >> pretty remarkable article in new york magazine this week it went inside the obama white house. talking about how they were going to use social issues.
here's what he said -- we're going to say, let's be clear what he would do as president. potentially abortion will be criminalized. women will be denied contraceptive services. he's far right on they go on, are they going to point to romney as a man of the 1950s. >> good luck with that. he's a pro-life. you'll see the democrats use all sort of shining objects to distra distract people's attention on the performance. this isn't a social issue election, george. this is going to be about the president's handling of the economy. it's a referendum on his performance. >> good luck with that? >> good luck with that. if it's not social issue election, then why did mitt romney spend the last year campaigning on social issues? these are positions that he's taken, whether given bosses
control whether female e employees can get contraception. or, telling the american people that he'll get back to them on what he supports the economic issue. so, we agree the economy is the number one issue. women want to see two candidates compete on their visions for the economy which is what i was getting at before. >> how much do these issues matter in. >> i think that for getting rid of planned parenthood, i think women don't like that intrusion. what mitt romney is really saying that he's going to do, use government to intrude on their lives. i think they resent that. one of the reasons that the gender gap blew up so much in the primaries. >> a year ago, mitt romney went to a small farm in massachusetts
and he announced his candidacy for president. he laid out the issues that were compelling him into getting into the race. he talked about the massive debt burdens that we were accumulating and would be passing on to our children and our grandchildren. that's why he's running for president and that's why he's going to mowin the election. >> more tax cuts. that's not going to bring this economy back. it's healing slowly. 27 consecutive months of jobs growth. not enough jobs. romney plan will add trillion of dollars to deficit. >> specific reaction to this president's proposal. governor romney will construct
the keystone pipeline, that would put thousands of people to work immediately. he would repeal obama care. it's inhibiting employers from adding new jobs. actions that governor romney would take. >> george, i think we're seeing a microcosm here. tell something about the campaign. everything goes back to the economy. >> as stephanie said a moment ago, the question we have been litigating in public this summer, is women can get someone else to pay for their contraception. you said, people are worried about whether the government will intrude in their private lives. no, they're worried about whether fwoft will intrude in the catholic church. attend of the day, we're going the swerve back to the question
of who is going to put us to work sf. >> so many attacks on women, george, and it's not just out of washington and republicans. it's in states all over the country. there has been so many attacks on women. one would think that the republicans would at some point, the attacks on planned parent hood, republicans are for parents. are you against planning? >> planned parenthood provides a broad reproductive for women. this is about, of course, testing for diabetes and so many other important programs. that's why the attacks on planned parent hood has alarmed so many women in this country. >> stephanie, you saw that clip we played before going to commercial. governor romney giving the president an f on everything
including foreign policy. your response in. >> i think that what colin powell said, mitt think, get real. mitt romney saying that barack obama getting an f is one of the most ridiculous things. the president's record, ended the war in iraq. we crippled aek and brought osama bin laden to justice. he protected the people of libya. just a sample of what he did. what you were saying before, about going backwards instead of going forward, that he would talk about russia being our largest foe. from governor romney, criticizing our iraq policy, with no promise of ending the
war, again, or you know, stating that he wouldn't have the nerve to get osama bin laden. i think that the governor is picking the wrong fight in this election that he's going to take on barack obama's foreign policy. >> look the killing of osama bin laden was a great achievement for america. governor romney credited the president for that. he gave credit to the intelligence ayensies involved in searching him out. but, the measure of america's foreign policy is how strong is our influence in the world? and our innuance is dependent on two things -- our economic strength and on our military strength. we know how weak this economy is. and in terms of the military we're on a path under this president to cut $1 trillion over the next ten years. it's a combination of this weak economy and a hollowed-out military that's going to be
weakening our influence around the world. $1 trillion over the next ten years that's level of reduction that the secretary of defense called devastating. that needs to be changed. but this president hasn't taken any action at all to stop this se quest ration to stop this from happening it goes to syria, first of all do we want to become involve snd withdrawing from two wars in the middle east. do we want to get involved in the third? civil war. governor romney said that we should be taking more action to change the assad regime? >> there are two things that we can say about the opposition in syria, they're very brave and they're not going away. what they need is the capacity to wage a fair fight. got governor romney would
encourage the united states to work with our partners, to identify, organize and armed the opposition. these are very brave people and they're going up against vastly superior forces in assad forces. >> a few decades we armed the opposition to the russians. >> of course, you have to be careful in selecting your partners within the opposition. let's step back for a moment, for the last year and a half, this president has not engaged in organizing moderate forces within that opposition. so, to the extent that there's a vacuum being filled by bad actors that's the president's fault. >> once we start, it's hard to stop. we entered the civil war in libya to prevent a humanitarian disaster.
we had mission gallop. how do you stop once you engage? >> what he's talking about is arming the opposition. >> the chair of the house intelligence committee believe that's the wrong strategy, because we simply don't know who they are. look, mr. assad has turned out to bedictator. they have to play a much larger role in trying to end that regime and getting assad leave. >> the other question is, what more can president obama do right now to help push assad out? >> we're doing everything possible to isolate that regime, whether it's leading the world to expel syrian diplomat frgs
our ally countries. tough sanctions on syria. everything we can do to isolate and move the u.n. towards taking action. the president is mitting to toppling the regime in syria. we have to do it in a responsible way that protects our own interest. as donna said, the house intelligence committee, disagrees with governor romney about arming the opposition. if you arm the opposition then you are responsible for wherever those arms end up. we'll take a quick break. michael bloomberg and john edwards avoids jail, what's next. >> i don't think god's through with me, i really believe that he thinks there's still some good things that i can do. opens its doors or creates another laptop bag or hires another employee, it's not just good for business, it's good for the entire community. at bank of america, we know the impact
hanging. >> when the british burn the white house dolly madison famously saved this portrait of the first george w. now, michelle, if anything happens -- there's your man. and i'm also pleased, mr. president, that when you're wandering this halls as you rustle with tough decisions, you may be able to gaze at this portrait and ask, what would george do? >> a relaxed and funny george w. bush at the white house this week as his portrait was unveiled. quite a different scene from north carolina where john edwards left the courtroom not guilty on one charge. hung jury on five others of campaign fraud and when he came out for the first time he mentioned his daughter quinn who he had with rielle hunter.
>> finally, my precious quinn -- who i love more than any of you could ever imagine. and i am so close to and so, so grateful for. so grateful for quinn. >> donna, the first time he mentioned her in public. he does avoid any jail time, almost certain that the justice department suspect going to bring this again. on friday, they didn't think it was a particularly close case, can he come back, he had that phrase, god is not fin wished me yet. a little jesse jackson there. >> if hi's listening to god i hope it humbles him. i hope he's good dad to all of his kids and a good man. john edwards was caught up in a
series of lies, lies that he could never unravelled. it destroyed his public reputation. i don't know if there's a road to redemption. i hope so. because i believe in redeposition. for now, john edwards would be wise the mellow, chill and be with his family. >> maybe the same advice to the justice department. >> i'm glad they didn't bring this to trial. i think it served two public functions. jury by acquitting him and hanging on other issues the rule of law presupposes that the law will give the citizen due notice of what behave is mandatory and prescribed. they said in this case, who knows? that's the second point. the murky the laws in entrusting our policies have come.
not unusual for a campaign to spend 15% of its money on lawyers. >> how careful are you two in the crossover between campaigns? do you think about that? that lawyers at some point might be looking. >> well, i mean, i agree with george that our campaign finance laws are arcane and complicate and and you need to be careful. obviously, we have lawyers working on the campaign to ensure that we're doing everything by the book. i can't speak for eric. >> in terms of campaign finance, of course, there are lawyers associated with the campaign that make sure that the raising of funds is all done according to lawen eneand regulation. i know that there's an effort, constant effort to make sure that the campaigns -- both campaigns -- are in compliance with the law zbhit's not easy. one more issue, michael
bloomberg this week, banning the sale of anything that 16-ounce sodas. that ad right there in "new york times." it says he's "the nanny." first person i thought about was you guys. >> let me read what michael bloomberg said. listen to this -- we're not taking away anyone's right to do things. we're simply forcing you to understand. now, that's modern liberalism. bossing people around. >> it's a massive problem, george. obesity is a problem across the can't. >> of course it is. regulating the sizes of these drinks will do nothing about it. the sale of sugary, carbonated sodas has fallen 24%.
what bloomberg is saying the government helps with your health care, the government is implicated in your health, therefore we own you, therefore the government can fine-tune all of the decisions that you make pertinent to your health. >> we have a health crisis. obesity is a national problem. i don't think you can solve it by banning one of many sugary things. people will cross over the hudson and get a big gulp over there. >> this is one of the reasons liberals are so enamored with the issue of climate change. the government meaning we liberals the part of government, can fine-tune all of your behavior right down to the light bulbs you. >> from soda to climate change.
donna in. >> george, this is a very serious concern. i commend the mayor for raising about and gaiing you something to drink about. >> george will, donna brazile, stephanie cutter and eric fehrnstrom, we thank you for being here. and we'll be right back. [ female announcer ] goodnight gluttony, a farewell long awaited. goodnight, stuffy.
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i'll be back to answer the questions that you had for us this week. but first we honor the men and women who served and sacrificed this week. this week, the pentagon released the names of 13 service men and women killed in afghanistan this week. last season was the gulf's best tourism season in years. in florida we had more suntans... in alabama we had more beautiful blooms... in mississippi we had more good times... in louisiana we had more fun on the water. last season we broke all kinds of records on the gulf. this year we are out to do even better... and now is a great time to start. our beatches are even more relaxing... the fishing's great. so pick your favorite spot on the gulf... and come on down.
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let's build a smarter planet. finally today, your voice this week where you ask the questions. how do you choose the folks on the panel? george will is great. i couldn't agree more. that's why george has been kicking off the roundtable for more than 30 years. each week we look for a mix of guests with a different point of views. george will brings a strong voice backed by solid reporting and experience. we want a lively and informed debate. that's what we aim for. let us know when we hit and when we miss. and we'll be right back with a look at the queen's jubilee. to bring new ideas to life. look. it's so simple. [ male announcer ] in here, the right minds from inside and outside the company come together to work on an idea. adding to it from the road, improving it in the cloud
all in real time. good idea. ♪ it's the at&t network -- providing new ways to work together, so business works better. ♪ the economy needs manufacturing. machines, tools, people making stuff. companies have to invest in making things. infrastructure, construction, production. we need it now more than ever. chevron's putting more than $8 billion dollars back in the u.s. economy this year. in pipes, cement, steel, jobs, energy. we need to get the wheels turning. i'm proud of that. making real things... for real. ...that make a real difference. ♪
that's all for us today. check out "world news" with david muir tonight and look at this, just moments ago, the queen arrived at chelsea pier in london for her jubilee pageant. as we leave you this morning, enjoy this look at the pageant as it winds its way down the river thames, 1,000 boats there celebrating the queen. tomorrow on "good morning america," robin roberts and lara spencer anchor live from london. i'll see you tomorrow on "good morning america."