Arent Spending News Today

Is top of mind for the thousands of business and political leaders and elite who have gathered in switzerland this week for the annual world economic forum. that group also includes my clee colleague, one of the worlds powerful and elite i would say, ali velshi live for us from davos, switzerland, running shoulders with the elite. >> reporter: now youre going to get people to angry tweet me. let me tell you something about this, the economic growth issue. we often say after a natural disaster or...

Russia and were russia has menaced them in many ways. absolutely strengthening nato is standing up to vladimir putin. one of natos biggest problems is its a military alliance, it has to fight. nato can barely transport any tanks, weapons or personnel any length of distance, and a great distance. we have to do it almost all for them. this is a function of spending. they will spend on some military, they will spend on salaries but when it comes to actual nuts and bolts functioning of how does a mi...

Allies pay not enough, but nobody has been able to get them to actually fork over the money. >> ive sat in a lot of the meetings, the summit meetings between president bush and european leaders were he cajoled them in private to increase their spending and the reaction almost all the time was the same, you get this sense of gravitas, you get the sense of we very much would like to do that and then they explain why they cant, why the domestic pressures on them and the other needs to spend money a...

Debate. before we go, i want to give you a quick check on the market. trading has just begun. look at this, we already see the day is starting 30 points down. now, whats interesting is we havent seen this in a few days. with all the geopolitical risks, the news about north korea, about the filipino leader coming to the u.s. that hasnt spooked the market. but auto sales slowing, that is negative. this idea that the u.s. with the cleanest of the dirty shirt, money is flocking here. if money is slo...

Consumers and businesses arent spending. no one wants government spending. but when it is the spender of last resort thats what needs to be done to jump-start the economy. >> dont we get into central planning when that happens? >> stock is up 15%. you could have made a zillion dollars on it. the true investments from the business perspective is frightening. >> we need infrastructure improvements. lets do it. think about what president eisenhower did with the interstate highway systems. >> i crun...

>> donald trumps manner really is not the cause of this. donald trump is the rude diplomat, the bull in the china shop. thats not what is causing this problem. it has nothing to do with the iran deal or anything else. barack obama tried to control them into increase in spending. the ultimate diplomat and internationalist. it really doesnt matter if youre polite or if you are rud rude. it comes down whether the europeans want to go along and often they done because when it comes to guns and butte...

Investment. so, would you rather have the government spend the dollar or the private sector spend the dollar. most cases hiring more government employees doesnt produce any usable goods and services, at least not for a long-term. again, where is it better spent? the private sector where, you know, you have your apples, your googles, things like that are produced and thats why the private sector needs to keep the money. >> julian, state and local governments have been cutting workers and federal ...