• With: Joe Rago, James Freeman, Steve Moore, Mary Anastasia O'Grady, Matt Kaminski

    FREEMAN: If I could just add, Paul, what all this money is supposed to fund is more pre-K and full-day kindergarten. The evidence is just not there --

    GIGOT: Right.

    FREEMAN: -- that this improves educational outcomes. Even the Department of Education's own study on Head Start shows you, a lot of these early investments don't pay off.

    GIGOT: Let's turn to New Jersey, where you are a voter, James.

    FREEMAN: Yes.

    GIGOT: And Chris Christie, the Republican governor, looks like he's going to coast to re-election. But there's an interesting ballot initiative that would imbed -- raise the minimum wage, and imbed future minimum wage increases into the constitution.

    FREEMAN: Right, into the state constitution.

    GIGOT: State constitution.

    FREEMAN: It's knocking the state minimum wage up above -- about a point above the federal one --


    FREEMAN: -- going to about 8.5 percent, or, excuse me --

    GIGOT: $8.25.

    FREEMAN: $8.25 an hour, I should say. This is really, when you look at young people and their struggle to find work in New Jersey, this is about the last thing we need. Our state has a higher unemployment rate than any of our neighbors -- Pennsylvania, New York, Delaware -- and it really is above the national average. So now you're taking that group of people that wants to come into the workforce, that wants skills, that wants to show they can do a job, and you're making it that much harder for small businesses to hire them.

    GIGOT: Steve, let's turn to Virginia, which I believe is your state.

    MOORE: Yes.

    GIGOT: And you've got that governor's race. And the Republican, Ken Cuccinelli, looks like he might have a chance. He's moving closer to --

    MOORE: Right.

    GIGOT: -- to Terry McAuliffe, the Democrat, who's at a comfortable lead. Could he pull this out?

    MOORE: You know, if you'd asked me that last week, I would have said no way. But what's happening in this race -- interestingly enough, I talked to Ken Cuccinelli late this week, and he told me that their polls are narrowing. That's what any politician will tell you. But what he's telling me is the number-one reason he's closing that gap is because of one word, Paul -- ObamaCare. This has become a big issue in this state race, because Terry McAuliffe is all in for ObamaCare. The attorney general, Ken Cuccinelli, is against it. So it's interesting how that ObamaCare issue may have a big impact on a big state race on Tuesday.

    GIGOT: Interesting. Can ObamaCare trump the earlier shutdown problems --

    MOORE: Right. Exactly.

    GIGOT: -- which have hurt Ken Cuccinelli in northern Virginia, which provides about 30 percent of the statewide vote.

    MOORE: Exactly.

    GIGOT: Now, in New York City, quickly, the mayor's race, fascinating decision by Second Circuit Court of Appeals, throwing -- putting a stay on the ban on Stop and Frisk that a lower-court judge had imposed, and throwing the judge off the case. Could that complicate things for the front-runner, Bill de Blasio, who's running for mayor and who has opposed Stop and Frisk?

    FREEMAN: Well, it's going to certainly force him to say whether or not he thinks the policy ought to be able to do their jobs. To this point, he's been able to say, oh, a judge has spoken. Well, now that judge has been basically repudiated by a higher level of the judiciary. The hope here is that police are going to be able to continue to do constitutional searches.

    GIGOT: All right, James, we'll be watching all these races.

    We have to take one more break. When we come back, "Hits and Misses" of the week.


    GIGOT: Time now for "Hits and Misses" of the week.

    Matt, first to you.

    KAMINSKI: Paul, some good news for frequent flyers. The Federal Aviation Administration's PED Aviation Ruling Committee has decided you can keep your phone and your Kindle or your iPad on at takeoff and landing. One less hassle in flying. Which brings up the obvious point, when are we going to get rid of the TSA?


    GIGOT: Oh, joy. I get to listen to more cell phone conversations.



    O'GRADY: This is a miss for Brown University, which hosted police commissioner, Ray Kelly, this week. He went there to give a talk on proactive policing. Students booed and heckled him until he had to leave. He was not able to give his talk. There was a time when a university like Brown was considered a liberal institution with tolerance for ideas other than their own. Those days are over. I think it's very sad.

    GIGOT: It used to be liberal in the best sense of that word. Now it's the worst.


    FREEMAN: I guess this is a hit. Admiring the savvy of those political operators at Goldman Sachs, who, of course, had a lot of alums and friends in Washington during 2008, helped them get bailouts. And now we find that on their payroll, Hillary Clinton, as well as Mrs. Ted Cruz. So they've covered all the bases once again. Very impressive.

    GIGOT: Is there some irony of forethought in that --