Page 7 - Stimulus Packages News Today

That the president has been stymied at every turn by the republicans, because mitch mcconnell made it very clear, a long time ago, that his only goal was to prevent the president from being re-elected. and to do that, he has to prevent him from getting the economy back on its feet and getting people back to work. people want jobs. there is work everywhere in this country. and they stymied him in the amount of money that they would let put in for infrastructure back at the beginning of his term, ...

Amount of money that they would let put in for infrastructure back at the beginning of his term, and now theyre still doing it. and theyll find a million excuses why they cant do it. but it isnt happening without stimulus from the government. you are going to have to have that kind of infrastructure money. >> let me ask you, congressman, congressman schock, im with you, by the way, i wish more of these stimulus packages -- i wish the whole 100% of them were infrastructure. but let me ask you thi...

pain of the unemployed temporarily. some will put people back to work. but they do not make for a complete solution. yet its a start. as long as congress passes the bill. while the politicians bicker, many americans have no place to live. as many as 1 million people may have become homeless during the recent recession. with some living in tent cities like this one near st. petersburg, florida. these are people who used to have solid, middle-class jobs. whats more, almost half of americ...

Economics 101. in an economics 101, we were basically told to find where the correct prices for a product, we got to find the equilibrium point. supply is outweighing the demand. and until we fix this economy, prices are going to continue to go down. were probably two years away from seeing the bottom of this. >> rick: two years away. i think there are probably a lot of people out there who would like to buy a home, but they want to see these prices come down even more. theyre sort of sitting on...

About the stimulus packages? they tentatively talked about their man fess stations with their root cause, right? >> nicely done. >> dana, do you think they are on to something? >> with all of the authority, i can tell you they carried out a program throughout the civil war and the arts. so it doesnt seem to be a problem. >> so basically they are doing this so they can wage war in ethiopia? >> they may be. >> it never breeds success, only more dependence. >> i didnt google it. >> they had a hard ...

G-7 or the industrialized countries do. you agree with that premise? >> you cannot look at the barrel today and see 85 or 85 or 86. we have a high price, let us open the valves. to open the valves you need two, three months and when you open the valves and there is nobodys buying it so you are reading problems. you cannot go back and close it. we have to see a real shortage in the market. >> okay. one final question because were a little bit short on time. is it the low interest rate environment...

Decisions themselves instead of having nancy pelosi create huge stimulus packages. >> i think the reality is the government was, during this crisis, as most of these governments for these different countries, everybody is feeling the pinch. question is what is the best way to spend this money that is going to jump-start the economy, is that the stimulus package, as mike said, the money is out there and hasnt all been spent. was it keeping the money going for people lost their jobs, unemployment ...

When you consider how much money was thrown in to all these stimulus packages. you look at the cost, for example, of cash for clunkers per car, two, three, four years from now we might be saying, gosh, our deficits are really high and our spending has gone way out of control, what do we get in the long run out of it? bear if mind, 15%, 16% of americans were underemployed right now, even while we are seeing some improvement in parts of the car industry. so, yeah, you could argue this was a good u...

Now. arthel: all right, in the meantime. bill: money matters, only thing left on the senate schedule before summer recess, it is could be an uncomfortable week for democrats. a major spending bill is on the table aimed at injecting money into the ailing economy and after the first round of bailouts and stimulus packages, 52% now feel like the economy is going in the wrong direction. that is up 15% in the past three months. and brand new hour, welcome on a friday, im bill hemmer, martha continues...

Could really make a difference. >> meg whitman. >> this november we will see record numbers of republican women running for office. 82 for the house. 12 for the senate and 10 for governorships. that is more than double the number of candidates that ran for each office two decades ago. >> one of those cycles where it appears there is a lot of women stepping forward. that is what im doing and women across the country have been doing. they have been running businesses and raising families and now s...