Page 43 - Deficit Problem News Today

Thank you very much. good to see you. the presidents message is he is not pro-business and the economy is improving. are your members feeling it? >> it is spotty. i think what hes done has gone a major step in the right direction. he brought us back from the brink of disaster to where we can actually start growing again. my fear is, our fear is, that the well start pulling back from fiscal stimulus in the name of deficit reduction and tip us back into a second recession. we havent seen the job c...

19 billion dollar deficit problem. thats at the state level, a lot of cities are broke the problem is, these ordinances came when they said you cant do business with companies that are in arizona. one of the ironies, a lot of companies boycotted are hispanic companies that doesnt do a lot to help. also it is raising the cost. a lot of companies in arizona that do business in california give california good deals. california cant afford to do this. >> greta: it is sort of an pauling that the l.a....

19 billion dollar deficit problem. thats at the state level, a lot of cities are broke the problem is, these ordinances came when they said you cant do business with companies that are in arizona. one of the ironies, a lot of companies boycotted are hispanic companies that doesnt do a lot to help. also it is raising the cost. a lot of companies in arizona that do business in california give california good deals. california cant afford to do this. >> greta: it is sort of an pauling that the l.a....

Growth that this economy has, you say you know what, this is pretty shallow for a recovery. for us to risk at this moment that recovery because we start pointing at people getting nervous nelllys, why would you care about some family -- >> chris: wait, wait. our audience hates it when everybody talks at once. >> let me finish my point. >> chris: no. let mara go. >> look, stopping extension of unemployment benefits bill is not going to solve the depp sit problem. its a symbolic move. now, if you ...

Last president. >> its not a partisan issue. >> its not a partisan issue, so stop picking on obama about it. >> stop spending. >> you cant stop spending right now. when you look at the rate of growth that this economy has, you say you know what, this is pretty shallow for a recovery. for us to risk at this moment that recovery because we start pointing at people getting nervous nelllys, why would you care about some family -- >> chris: wait, wait. our audience hates it when everybody talks at on...

Frankly i think people have a right to be skeptical. >> jonas, it is an election year. thats a great point, i have to say. >> the more i worked on that, you know, pushing off the next budget isnt such a bad idea. its going to be a tough one. theres going to be spending cuts and tax increases but investors dont want to see that this early in the recovery. in europe, theyre trying these cuts and these increases sooner and their stock markets are underperforming ours and invest others dont us to so...

Can pay a little to look at it, it makes me happy. seriously, why do you think it is so hard because youre not the only person in our government that thinks or says these things? surprisingly there are, you know, i would say almost 30% of the population of our government largely is able to see whats going on. why is it -- >> the amendment that i brought forth revealing tax rates to companies was presidented by president obama in his 2000 budget. its what he wants to do, but i think what youre lo...

Large. the economy here is in difficult shape. they are coming slowly out of a recession, high on unemployment. they have a huge deficit problem. its a problem david cameron said he was going to deal with immediately in office. he had some social issues here along the campaign trail they disagreed on, immigration being one of them. its a huge issue for people in this country and very divisive. how they handle these issues, economic issues is going to be difficult. certainly not as difficult as a...

We have to act and act now. i think recent events made it even worse. the stimulus really hasnt gotten our economy moving again. dug us a trillion dollars in the hole. the other day we got the final report on the health care bill. health care costs are going up, not down. we heard again and again today health care costs are the biggest driver of creating this deficit problem we have. >> greta: what does it say about the way congress works, if we have these committees and these members and it has...

Has gotten worse. we have to act and act now. i think recent events made it even worse. the stimulus really hasnt gotten our economy moving again. dug us a trillion dollars in the hole. the other day we got the final report on the health care bill. health care costs are going up, not down. we heard again and again today health care costs are the biggest driver of creating this deficit problem we have. >> greta: what does it say about the way congress works, if we have these committees and these ...