Stimulus Doesnt Work News Today

Government stimulus doesnt work for young people, and we are going to have to pay 0 of in the future, were left at a huge disadvantage and i think its only going to get worse as obama care inmremented. there are plies controls that say we have to pay 45% more for the rest of the system. if someone wants to hire us, they have to pick up that cost, too, and harder to get jobs. makes it more miserable. >> dave: we saw the frightening unemployment rate, almost twice, 16.5%. you mentioned obama care,...

>> as a psychological matter i dont think you can overestimate how much the last two years for the republican party have had a radicalizing sort of anti-keynesian effect. all their sort of intellectual organors, think tanks, theyve come up with a million arguments about why the stimulus doesnt work. and more like why the key thing here is long-term, structural unemployment. theyve come up with a 100 very sophisticated and interesting arguments about why they shouldnt believe the things they beli...

Winds up, lars? >> i think thats where it does wind up. the draconian cuts i agree with you leslie its a bad idea to simply have the automatic cuts rol roll through. the fact is, though, this economy cant take more tax increases. we need government to cutback. and that is not just being a knee-jerk, its saying this is the sensible solution. why do you think that herman cains plan on taxes and perrys flat tax proposal have been so popular? why has the tea party been so popular? the american peopl...

Their homes are going to be able to stay there. what is mitt romney suggesting? that the people by the millions, literally tens of millions be thrown out of their homes without the government doing anything to help? and they are such hypocrites, al. they talk about how the stimulus doesnt work and were not going to do anything to create jobs. and yet i see one after another of them grinning when they cut the ribbon for projects that are in their district. it just galls me. >> thats right. and th...

That. it had some infrastructure, had some short run things. if you look at the cash for clunkers or first home buyer tax credit. they were geared to try to shift it from 2010 into 2009. given its taken this long, i dont think you would do that short stuff. >> just for clarity, when the administration came in and did the stimulus, however big it was, too big, too small, how much was the economy shrinking then? when folks were -- >> it was at minus 9%. at the time we thought it was around minus 3...

Do we get money from them? we give sugar farmers $14 million a year. we fund -- we have a presidential campaign fund of $775 million spread over 10 years. the list goes on and on. tightening the belt of government is not easy. stimulus doesnt work. >> what are you saying? >> whats the harm in having that presidential election fund so that presidents dont have to go pandering to every corporation. >> theyre going to pander anyway. >> thats how -- >> hold on! >> pander in iowa. they already have t...

>> amanda, you talked about both the excitement as well as some of the disappointment. but whats your reaction when you see a poll of independents that were so critical of the president who say they would vote for any republican over the president. >> i think thats where some of the frustration comes is that are progressives not getting their message out enough? are conservatives being dishonest in some of their messaging, for example going out there and saying that the stimulus doesnt work, tha...

You have a lot more labor force that needs a job than you have jobs that can support them. so these are really designed to have the best possible impact. even david brooks says that if you want to start cutting the deficit this would be, and this is his word, an insane place to begin. >> theres been a great deal of analysis about the democrats challenge in trying to rally their base for the midterms, but are republicans really intending to go into november on something that can either be thrown ...

That needs a job than you have jobs that can support them. these are designed to have the best possible impact. even david brooks says if you want to start cutting the deficit this is his word, this would be an insane place to begin. >> theres been a great deal of analysis about the democrats challenge in trying to rally their base for the mid terms but are republicans really intending to go into november on something that can either be thrown against them or might even campaign this way, we vot...

That needs a job than you have jobs that can support them. these are designed to have the best possible impact. even david brooks says if you want to start cutting the deficit this is his word, this would be an insane place to begin. >> theres been a great deal of analysis about the democrats challenge in trying to rally their base for the mid terms but are republicans really intending to go into november on something that can either be thrown against them or might even campaign this way, we vot...