Page 148 - Stimulus Program News Today

Anyone. i like the fact that hes stepping up with a stimulus program. they do have to focus on how to pay for it. i agree with that as well. the inference -- >> neil: youre in a small group -- you have to pay for >> reductions -- the rich people, you see it. deductions go away and you simplify the brackets, its helpful to the commit. look, the inference is were going to grow at 3% instead of 1. the stimulus would give you one instead of two. were at 1. the last one you have to figure out relativ...

Growth. that doesnt mean you get rid of all things. theres a lot of good stuff thats not really helpful. thats retarded lending in certain sectors and infrastructure is another one. for example, you remember in the stimulus program it was $175 billion allocated to build infrastructure. well, hardly anything ever got built. it was because the laws basically almost contradict each other wi other. policies that exist contradict each other and so do regulations. for example, to do big projects in th...

Regulatory overload you might call it and that doesnt mean you get rid of all good things that are necessary but theres a lot of stuff that is not helpful, thats retarded lending in certain sectors and infrastructure is another one. for example, you will remember in the stimulus program there was $175 billion allocated to build infrastructure. well hardly anything ever got built and it was because the laws basically almost contradict each other, policies that exist contradict each other and so d...

Obama presidency and how it defined battlelines for the next eight years. >> the mandate was to stabilize the economy and the white house at that time had this sober quiet to it. it was like being in an operating room. people talked in almost hushed tones because it was that serious. >> if we do not act boldly and swiftly a bad situation could become worse. >> he quickly put together a stimulus package. >> there are problems with parts of my plan that the republicans have. >> the idea that he ha...

His own fashion. president obama did this nine days earlier than this in 2009, president obama was in elkhart, indiana, for his version of this, which was a televised town hall, so he could push his stimulus program. every president, every modern president does this differently. as i said, fdr sort of invented this with the fireside chat on radio. but let me just say that people like gene huber, whom weve just met tonight, i have met lots of these people here. this is here in the middle of penns...

Development to this country, which are things we desperately need. to amys earlier point. look, theres an emerging divide against themselves. and scott walker, public enemy number one for the collective bargaining actions he took, but streamlining mining regulation thats through the support of private unions and he even, in his 2013 address had a lot of these blue collar workers standing behind him. i think theres a split among unions themselves particularly looking at public unions versus priva...

Have been more and it wasnt enough. again, these union leaders went to the white house and said they had an incredible and magnificent meeting with the president of the united states because theyre under the impression hes going to put a lot of money behind his words. if he does theyll continue to praise him. if he doesnt, the state union leaders are going to say that donald trump misled us, that he led us to believe he was going to put millions upon trillions, at least billions of dollars behin...

President trump thought of the stimulus back in 2009 when we were attempting do infrastructure we had to borrow money to do that. he doing stimulus program by cutting taxes thinking company will reinvest. theres a cost there because now we dont have the tax revenue. how are we going to pay for that? >> he is approaching just the opposite of the stimulus. that was government spending temporarily had no economic job effect. leapfrog andley pack to create that new job or make that business investme...

The democratic party and i think that is a legitimate criticism. ive thought about some of the things we could have done. >> reporter: and as a part of that, president obama has also yuns scor underscored the failure of reaching voters in this election. preparations for the inauguration were under way in washington, d.c. over the weekend and we are learning more about what is going to happen with the inauguration, including the justice clarence thomas is going to swear in vice president-elect mi...

Congressional republicans, who came down hard on president obama when he come as chief executive, enacting his stimulus program, advantage the renewable energy sector over the coal industry. >> we shouldnt be picking winners and losers in washington. we should be setting the conditions for economic growth so that the private sector can create jobs. washington is not good at picking winners and losers. >> lets not pick way winners and losers. lets let americas small business and entrepreneurs com...