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January 12, 2017
Cause some heartburn for 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 busin...
January 2, 2017
Accusation all throughout this campaign. theyre frustrated by the way can they trust donald trump? is he valuing their information and trying to leak more of the information about the russia hacks to the press as well. that maybe -- might not be helping their case in terms of proving how not to politicize, and that is going to be a major factor in the trump administration where with intelligence and every other federal bureaucracy where he is going to try to shake things up. theyre entrenched in...
November 15, 2016
Priority number one is jobs. hes presented a major infrastructure program. will that create jobs? >> yes, if you spend a trillion on our roads, bridges, high speed rail services. absolutely. a president obama did something similar in his first two years in office. an 800 billion dollar stimulus program. supposedly that created a number of jobs as well. it will create jobs, in that sense thats great. those long lasting jobs, high paying jobs, jobs that they can count on for more than just the bui...
November 10, 2016
A minute, im here for the wall. im angry, i want the wall, i want to drain the stwamp. >> the wall is going to take awhile. hes going to build it. its a campaign promise. hes not going to break a campaign promise. >> guys in congress dont want it. on both sides theres resistance. >> well, he can do it by executive order by just reprogramming money within t the -- within the immigration service, and not only that, they have actually approved a wall for certain portions of the border that hasnt ev...
January 10, 2016
China is stairing into this abyss thanks to the hubris of its rulers. they lifted tens of millions out of poverty. when the financial crisis hit in 2008, they wanted to keep things going. they began a massive stimulus program and they have not wanted to pull the plug on it for fear that economic growth would come crashing down. ironically while the country dont have to worry about elections, they are worried aboutag agag agngering the popu that they are unwilling to stop goosing the economy. bei...
January 10, 2016
No developing country has taken on debt faster than china in recent years. when debt levels go up so fast and so furiously, thats the single most reliable predictor of financial crisis, he says. china is staring into this abyss thanks to the hubris of its rulers. for years, they delivered miraculous double digit growth. they lifted tens of millions out of poverty. when the financial crisis hit in 2008, they wanted to keep things going. so they began a massive stimulus program and they have not w...
January 7, 2016
Debt in peace time before then. so it worked pretty well. it was like an eight-year stimulus program. but then the first president bush got ronald reagans third term and in comes it across the board, which is why you elected me. then the second president bush -- >> bill clinton on the stump for his wife in cedar rapids, iowa. the first of two campaign stops that he has today. for the second time this week on the campaign trail for his wife and personalizing stories of when they first met over 45...
November 1, 2015
Stimulus program, that basically was going to turn the thing around. it didnt happen. more people out of work today than ever before and you can spin it any way you want to. >> the question that is asked is the perfect one still -- are you better off now than you were four years ago? thats a question that every single american can answer. hillary clinton is running as the third term of this current administration, shes got a lot to answer to. she might try to tack away from that, but she cant av...
August 25, 2015
Right? >> china matters a lot more than it used to. its about double the size as it was in the late 1990s. its got a huge debt bubble. its popping right now. it has a debt bubble very similar to what happened before the sub prime crisis in the u.s. when china launched a stimulus program to try and compensate for the fact that americans werent spending. i think u.s. stocks will be hit to a certain extent by this. oil prices are coming down. thats actually a little bit of a fuel for consumer spend...
August 18, 2015
Jenna: really? >> how are you going to pay $18 trillion back and then the federal reserve says they want to raise rates? that means the cost after that debt the united states is holding, which is tremendous amounts of gdp, how is that ever going to get paid back? are they going to start deevaluating our currency? japans has been for the last two years 35%: their gdp last quarter was negative. its not going to work. so we are really in a bind. the federal reserve, i dont think janet yellen has co...