Page 4 - Math Doesnt Work News Today

Companies they shut be investing? >>guest: this is a reason why private sector passed on the jobs because the math dont work. the calculated risk and we do calculated risk all the time but if the math doesnt work, for solyndra, that is an example, $6, the market had $2 or $3. what consumer will pay twice as much for the product and the price did not have the wow factor. you have to have the wow. it was not different from what is there. >>alisyn: why invest that much money when you do not have a ...

Lot of votes. in the electoral system, particularly, how is this guy going to win? we calculated in 2008 he wouldnt win a single state and hes probably made the same calculation. not that he wouldnt be a great candidate. hes been a great mayor in my view, but the math doesnt work. youve got to have a somewhat different system. and if youre going to change the system, start with four years out, not 14 months. >> its an ecochamber thing. you can affect the election. if bloomberg wins, obama loses,...

The kind fareed is talking about? can you find some middle ground? theres such a wide gulf on taxes and medicare, anderson, i dont see that being resolved before the 2012 election. >> do you agree with that? >> i wonder. i agree with what david is saying in principle, except for this. on taxes, in the republican party continues to take an absolutely theological position that you simply cannot have any tax increases, and if we mean no elimination of loopholes and deductions, the math doesnt work....

Absolutely theological position that you simply cannot have any tax increases, and if we mean no elimination of loopholes and no elimination of deductions, then were in -- i mean, the math doesnt work. were taking in 18% of gdp at taxation and spending 23%. youve got to close that gap. doing it all through budget cuts is impossible. you would be talking about shredding many of these departments. >> dana? >> there is a small group, fareed, small, of republicans who arent saying absolutely no tax ...

Medicare for people over 55. and we are looking at a plan to save medicare and medicaid that if left alone would go bankrupt in not a very short -- or not a very long amount of time. we are running out of time -- were trying to save these things, not destroy them. >> congressman -- >> the math doesnt work. >> congressman, if you are the decisive vote on the debt ceiling increase in the house of representatives, will you vote for that increase? >> were not there yet. we dont know what the terms a...

On taxes, if the republican party continues to take an absolutely theological position that you simply cannot have any tax increases, and if we mean no elimination of loopholes and no elimination of deductions, then were in -- i mean, the math doesnt work. were taking in 18% of gdp at taxation and spending 23%. youve got to close that gap. doing it all through budget cuts is impossible. you would be talking about shredding many of these departments. >> dana? >> there is a small group, fareed, sm...

Thats your plan for saving medicare spending, is by making the users of medicare pay much more. and what the president is saying is that the amount of money they need to pay matches the amount of money that will be then given back to top income tax pairs like the president. >> you see, i dont think thats true at all. >> it is true, congressman. >> there are no changes to medicare for people over 5. and we are looking at a plan to save medicare and medicaid that if left alone would go bankrupt in...

Wisconsin and the shut down janesville, gm plant and tell me that the guys who are sitting there begging for work want to stay on unemployment. the american work force is different than that. a different work ethic here. >> brenda: we have great sympathy for the people who are unemployed and it could be any of us. the presidents own assistant treasury secretary says that unemployment insurance causes the unemployed to stay unemployed longer. >> yeah. >> brenda: toby? >> larry summers, god bless ...

Immigration, germany during world war ii. a strata that let everybody move up. >> brenda: illegal. >> legal as well as illegal. >> brenda: toby, what do you have to do to make it work. >> you have to tab the illegal and cut the benefits. i dont know how we ship out 4 million people, but i know if you stop the actual health-- the medicare and medicaid and food stamp every other pieces this have puzzle that california puts out. thats about 12 1/2 billion dollars right there. so, get rid of them, b...

Planning to extend jobless benefits again. matt? >> oh, this is ridiculous in my mind. i mean, if you can get free money to sit on your behind and not go out and look for work, what are you going to do? sit on your behind and not look for work. thats not what the country is built on. the country is built on innovation and getting out there. when times are tough get out. how about in michigan, up to 387, if you make $12 landscaping, you make $350. what incentive does a person have to get out and ...