Page 2 - Entitlement Problem News Today

Happen hopefully until, you know, a couple of generations from now. we should have hit -- >> youre talking about the 2008 collapse. >> thats right. >> you dont think were facing what japan faced. you dont think this is -- >> you think this is cyclical. >> what japan faced was cyclical. it is cyclical. theres no indication or no hint. people look for evidence that theres some fundamental flaw one the u.s. economy that accounts for this and it just isnt really there. of course, we would like our w...

Theyre heading into a box canyon now. its something else entirely to sabotage a plan with a chance of succeeding and pretend to have leverage that exists only in a world of town hall applause lines and fund raising letters. thats out there by the wall street journal. backed up today by karl rove. this is dangerous territory. dont be bringing down the government. dont be causing the government to become a dead beat. >> let me say, i think that we can survive a government shutdown for a couple day...

To become a dead beat. >> let me say, i think that we can survive a government shutdown for a couple days. thats not that big of a deal. its stupid politically. defaulting on our debt is catastrophic. and so i think that theres two things there. i think that the republicans -- the conservatives have taken their eye off the ball. obama care is bad, but they lost the focus on the spending that weve got to do. obama care is part of that, but weve got a bigger entitlement problem to deal with. >> we...

That its a great time to invest now. she knows next year is a mid-term election thats going to take up a lot of oxygen. shes on the ground now getting peoples appetites wet. she also has to be aware of that inevitable, that entitlement problem. she doesnt want people to think she doesnt have to work for it so shes goetting out early, making speeches, putting in time, its a smart strategy. >> whats her biggest weakness, stephanie, as far as you see it? >> over the course of the next couple of yea...

Pandoras box of talking about social security reforms. im all for it. i think the program is really broken. i think these long-term liabilities are a big, big problem. and congratulations to the president for really taking the entitlement problem serious. >> thats why progressives are spitting nail this is week because they dont want a democratic president to be the one putting entitlement changes into a budget proposal. >> yeah, they dont want any of that going on, ever it seems. but also there...

Samuelson, its hysterical. obama do something about our entitlements e. says hes going to and then the republicans all cry, oh its not enough, he doesnt mean it. come on. the larger issue here is though republicans seem to procedure get who won the election and seem to not be paying attention to every public opinion poll since then. americans are not worried about the debt and deficit, they are worried about jobs. we have a short-term jobs problem, we have a long-term debt problem. you fix jobs,...

The left. >> we see, thats the thing. look, i think we really need to lower our voices, perhaps, negotiate in private and recognize the president has problems from left flank, the republicans from the right flank. but we all have to come together because these are american problems. theyre not democratic problems. it is not the presidents problem. it is all of our problems. if we can do immigration, we can do guns and we can do something about the burgeoning debt problem, the entitlement problem...

>> i like comedians as comedians not as politicians. the count tree is ungovernable. why is that the case? theyve had an entitlement problem that theyve been racking up for the past 30 years. people think oh, italy is this big economic basket case its always been that way, not true. the first 25 years after world war ii they had an economic miracle. italys growth rate exheded germany. jenna: better pick up one of the points you made, and i say this as half italian, i got neil cavuto in the backg...

Have to deal with the debt bomb. >> neil: he did take that stuff. that kid is still waiting outside the building. you mean, its good analogy but you are right. >> we are taking from them. the entitlement problem, the medicare and social security that is going to bankrupted us and we older people, i have paid in all my life but they dont know they are getting three to four times what they paid in. >> neil: or for the matter, nobody is taking it away from the current beneficiaries, its all about p...

Things -- >> yeah, this isnt like the university of alabama back in the 1990s when they found out that one of their football coaches was sexually harassing somebody. they decided not to get rid of him, but they said hed better win at least 11 games the next year, or theyd be really offended by it. i mean, this is situational ethics on the yankees part, right? >> it is. and theyve been looking for a way to get rid of a-rod for a long time, but there is no way because no team will take that contra...