Jim and Ray talk about the contributing factors in the jobs picture and the effect of the tax cuts on the economy.

Ray joins Jim to talk about what's really happening with jobs in America.

This is the first half of the show when Jim broadcasts live from the <br>Small Business Survival Committee's Headquarters in Washington, DC. He will be interviewing Karen Karrigan, Ray Keating, and other members of the SBSC, as they celebrate their 10th anniversary.</["br"]>

Elinor starts of her visit with Jim by giving us an idea of the the Fed will talk about in their meeting. Ray explains how the different surveys show positive results for the economy.

Jim and Ray discuss the new Small Business Survival Index.

Ray starts by giving his thoughts on where the economy is based on fundamentals. Richard then talks about the recovering economy. They go on to talk about what the Federal Open Market Committee will talk about at their upcoming meeting.

Jim and Ray discuss President Bush's tax cut, the second in 3 years. They talk about where we are right now and where the government and economy were 70 years ago. They compare the decisions made and the affects of taxes on the economy. Jim and Ray talk about free trade and the way the tax bill will affect the global economy.

Ray, Elinor, and Jim talk about what the Federal Reserve Board is doing and what they will do at their annual meeting. They also discuss the economy and what we can expect from it.

Elinor gives a run down on the current economy. Ray discusses inflation and the other uncertainties in the economy. Jim, Elinor, and Ray talk about what they think the FED is going to do with the economy.

John Fox and Ray Keating join Jim Blasingame for a lively discussion about their perspectives on income tax policies, specifically with regard to what to do with our alleged surplus: Does the government keep it, or do we give it back to taxpayers?