Page 43 - Demand Side News Today

Attention to the demand side of the economy. president obama is committed, as are most of those on the winning side of this election, to a growth economy. if you had an austerity economy based on cuts, thats when business should be worried because the demand side will continue to collapse. when you have an election won predominantly by those who favor growth, you should be ready to invest. we were cheered in our union by at&ts announcement to invest $5 billion extra each of the next three years ...

President obama won election? and what does it say about these people about how ruthless they can be? >> not only are they ruthless, but theyre not paying attention to the demand side of the economy. i mean, president obama is committed, as are most of those, you know, on the winning side of this election, to a growth economy, not an austerity economy. if you had an austerity economy based on cuts, cuts, cuts, whether jobs or pay, thats when business should be worried because demand side will co...

The tough part about it is i can only pick one of you. it aint going to be easy. i can tell you that. honestly, all of you guys have shown the qualities were looking for. thanks a lot, guys. i appreciate it. you know, you can limp around and say you got attacked by a dog and try to milk that for all you can today, all right? >> drugs have played a role in the arrest of many of the inmates detained at the hillsborough county jail. the majority of them are on the demand side of tampas drug problem...

♪ ♪ ♪ king of the road >> gregg: just outside our studios, lots of kings on the road heading up to central park. if you want to gauge of the u.s. economy, look no further than the streets and highways. numbers of cars and trucks on the road can tell you a whole lot. joining us is brenda buttner, anchor of bulls and bears. this was a pretty interesting piece by a writer at the "washington post". is he right. are trucks and cars a good gauge of the economy? >> if you take a look at the econo...

>> rob, you talk about geithner scoring high. geithners made it clear hes leaving when this term is over, whatever happens to obama. >> treasury secretary. >> lets seau bomb ma is re-elected. one thing that strikes me is the criticism from the left is he had too many people like geithner on the administration. too many people all over the crisis that he inherited. not a different approach to how to fix the economy. it seems to me with geithner leaving you have a fundamental choice if obama is re...

So unless we have -- this iswh bernanke himself has been calling for this. unless we see action on the demand side, the estimates ive seen for what the fed did today, maybe it will raise gdp by half a point, maybe shave .3% off the unemployment rate. its not a difference between a slog and a great economy either. >> one of the things people have been saying, one of the reasons im optimistic about it, the big argument is this is the fed saying, were going to help now and if we need to do more lat...

If this is an accelerant of it, this is the real economy, not just liquidity and interest rates somewhere off in -- >> youre more bullish on this as i am. im bullish. im not as bullish as you. first of all, youre absolutely right. bernanke has been calling for more fiscal policy because he recognizes the following thing. an sent more demand, more consumer demand, more investors feeling like there will be returns on their projects. the low interest rates simply dont have the traction they would h...

>> right. >> -- as you know better than me, has begun to take hold enough that this could really be an accelerant. if this is an accelerant of it, this is the real economy, not just liquidity and interest rates somewhere off in -- >> youre more bullish on this as i am. im bullish. im not as bullish as you. first of all, youre absolutely right. bernanke has been calling for more fiscal policy because he recognizes the following thing. an sent more demand, more consumer demand, more investors feel...

And to the point of lack of refineries in this country, do you think that there is a chance we would get a refinery apruched under this epa. >> we have the private sector that wants to find more energy and oil . so there is a looking for on the demand side. you know, it is not unlimited supply that some people said here f. it. you wouldnt have private investors looking to invest, but the president and his policy ignored what the private market said and he wants to dictate from the white house wh...

Attaboy. good boy. >> i hope that for all you guys that this has been a good experience. the tough part about it is i can only pick one of you. it aint going to be easy. i can tell you that. honestly, all of you guys have shown the qualities were looking for. thanks a lot, guys. i appreciate it. you know, you can limp around and say you got attacked by a dog and try to milk that for all you can today, all right? >> drugs have played a role in the arrest of many of the inmates detained at the hil...