the hope in the presidency, but you have less ability to communicate broadly to the next generation, but i think that will as we heat up for 2012. is it staggering looking at carter, and then reagan in 81 82. i was 18. i was 18 in 1980. god, everybody, when i went to college, and all of my young friends said, wait, this is easy. you had indecision of jimmy carter in the hostage crisis, verses ronald reagan. there was not a clean break, but i think people thought that s what we were going to get with barack obama. for whatever reason, it has not worked out that way. the book is called american
the future trajectories. if we don t get things like this right, every day and hour that goes by it begins to have an impact on other countries. obviously your job is to stay connected with everybody that matters across the globe. what are they saying about the united states of america and its system of government right now? it s not working. it affects them. what this will do is change the way the world works, and it means people will be less open to the dependance in the united states, and less open to american leadership, and the dollar will not be the reserve currency of the world because they do not want to make themselves vulnerable to our domestic independence, and you saw it start two years ago, and that was with qe2. the rest of the world doesn t
don t cut social security medicare or medicaid, and you figure out a way to get $2.5 trillion in cuts elsewhere, well that s kind of troubling, because that sounds like it s coming from discretionary spending? what is wrong with doing something responsible in entitlemen entitlements? i think we ought to do something in entitlements. we ought to create a commission to study all three of the entitlements, medicare, and medicaid, and i thought the president had a commission. doesn t the president have a commission? no. that commission was to study deficit and debt. if you are talking about the simpson commission, that was looking at what we need to do to
nobody has any idea what will happen after august 2nd if they don t extend the debt ceiling. we have eight days until the august 2nd deadline. and republicans and democrats are turning to rivals. harry reid says when the goernations broke down last night, it was because of the republicans insistence on a short term deal. and the plan will cut $2.7 trillion over the next ten years, and there would be no tax increases. he hopes john boehner will abandon his approach it s my way or the highway approach. the house speaker laid out his latest solution. there is going to be a two-stage process. it s not physically possible to
he said the debt ceiling negotiations have already caused enormous damage to the united states. if you look at the rating agencies what they ve said, what they ve said is, the reason they question our economy right now and the reason we may get downgraded, because they don t have faith that this political system of ours can deal in a serious way with the deficit. so the president is intents on making sure and all of the congressional leaders, senator mcconnell, speaker boehner, senator reid, congresswoman nancy pelosi all set the debt ceiling would be extended, but it must be extended in a way that gets the economy through 2013 and not a short-term gimmick where we re right back in this fix in six or eight months. and you know what s troubling to me is, the white house obvio obviously, he s right. but this is all happening b inid