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September 3, 2012
We are already creating on the average 300 thousand jobs. most of those folks all of the analysts suggest something we need short term plan but also a long-term plan. the president has a plan that would reduce the deficit by $4 trillion over the next decade according to the congressional budget office and still allow for investments in those things that we need to grow the economy. >> clearly you should go with the person that has a plausible plan. >> david, lets talk about that plan. when does ...
September 3, 2012
62 million for benefits and trained workers. question, how many jobs will that create? >> well, theist mats the inpen daenlt lists have given is that it would immediately give us a million more jobs. we need to take the steps in the short run to accelerate the recovery. we need to take steps to grow the economy in the long run. the question is do we do that by cutting taxes for the wealthy or do we pay down our deficit and invest in things like education and training, research and development, c...
September 3, 2012
Renegotiate their mortgages so they are paying lower interest rates are better off. there are plenty of people in our economy who have been impacted in a positive way. this is not just about reclaiming the jobs we have lost its about reclaiming economic security the middle class has lost over a long period of time. we are not going to do that with another multi trillion dollar tax cuts for the wealthy not going to do that for a voucher program. that is what they are going to face on november 5th...
September 3, 2012
The reason it wont pass is because the republican party in the congress where mitt romney supports us they wont raise taxes on any one in the country including the super wealthy even by $1. they are not credible on the deficit. paul ryan looked at the debt clock and he made no mention of the fact that he voted for every single one of the policies in the last decade that are at the root of the explosion of the debt, unpaid medicare prescription and drug program they have no standing and it would ...
September 3, 2012
Has a plan to take us forward. if you look at the republican plan it is a plan that wants to resurrect the bush tax policies and economic policies that got us here in the first place. >> let me interrupt for a second. put aside the attacks on romney. lets look at the presidents record. he is looking for reelection. 8.3 percent unemployment, 23 american out of work are unable to find full-time jobs, $5.3 trillion added to the debt. why does a president with that record look for reelection? oo bec...
September 3, 2012
Of the gross domestic product which is what everybody agrees they need to stabilize the debt. with growth we will be in a position to begin reducing it further. we have a plausible plan here. let me say one thing about this, chris. >> make your point and i will make mine. >> all right. well its not a point its a question. the congressional budget office nonpartisan says the president 2013 budget plan never balances the budget. they also say he does nothing to deal with the long-term structural p...
September 3, 2012
Down the economy. we had a discussion about whats needed in the short term. >> never in the short term and simpson what wthat was whuyour presidential and you ignore it had. >> the commissioner voted against it because it called for tax increases on upper income americans. >> that isnt why he voted against it he voted against it because it didnt do anything about entitlement. its a fair point he didnt mention it. it was the presidents commissions and he let it die on the vine. >> the party took ...
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