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CSPAN2 Today In Washington August 16, 2012

coolidge have to do a lot with what we are facing today. [applause] >> thank you very much. i have one question and then the moderators prerogative i think, and that is a that the u.s., we are the most productive country on earth from what i understand and in that basically means we do more for less. the criticism is often made that companies are making all this profit that they but they are not hiring anybody. where the most productive country and we dont need all those people. so can...
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CSPAN2 Capital News Today August 16, 2012

>> i am not sure you can. >> it cannot. [laughter] we have gone pretty far down the road in anticipating in irresponsible way what sequestration would mean in a responsible way what sequestration -- we have gone pretty far down the road in anticipating in a responsible way what sequestration would mean. when we move to a question of reverse ability as a matter of strategy, that is frankly too far out in the darkness to define the challenge with any degree of regularity. all we know is ...
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