Page 186 - Stimulus Program News Today

This point. but the economic data should not come as a surprise. the trend lines were never sunny. never going to be good. talk of whether or not we near a double dip is jargon. were in recession, 9.5% unemployment and expected to stay there for a year or more. businesses are telling us they have no incentive to hire and invest in new jobs because they dont have enough consumer demand. this is for the foreseeable future what we have. when you look at the voters, its true. you can look at measure...

This point. but the economic data should not come as a surprise. the trend lines were never sunny. never going to be good. talk of whether or not we near a double dip is jargon. were in recession, 9.5% unemployment and expected to stay there for a year or more. businesses are telling us they have no incentive to hire and invest in new jobs because they dont have enough consumer demand. this is for the foreseeable future what we have. when you look at the voters, its true. you can look at measure...

The conference call: the president conducted a conference call this morning on the state of the economy with treasury secretary geithner, kristi roamer and larry summers. the discussion -- the economic team provide add up date of the next steps to keep the economy growing, including assistance to small businesses and the extension of tax cuts to the middle class. feel better? >> no, neither do they. ironically enough before you had chosen the topic i had chosen it for my column. remember this wa...

Vote so they need republicans to be cooperative. they need republicans to be constructive so yes, it is absolutely correct for the president to point out exactly why this bill. this bill that cuts taxes for small businesses and this bill that allows community banks to make more loans to small businesses is -- should be pointed out exactly who was stopping this. i mean, tease are provisions that republicans have authored and theyre still just saying no. so absolutely. i think the president is cor...

Gas. it allows more oil to be dilled. well talk more about that in the next couple of days. it can be used to a greater degree and to help our prosperity, to help our security when it is transported in a line and brought to the lower 48. >> greta: im hoping our segments taking viewers there will begin the debate. at least it will get people talking this is an important issue. >> it has to be part of todays debate. when we talk about the white house coming through with their nearly trillion dolla...

Gas. it allows more oil to be dilled. well talk more about that in the next couple of days. it can be used to a greater degree and to help our prosperity, to help our security when it is transported in a line and brought to the lower 48. >> greta: im hoping our segments taking viewers there will begin the debate. at least it will get people talking this is an important issue. >> it has to be part of todays debate. when we talk about the white house coming through with their nearly trillion dolla...

I has been a great experience with me, i got my son john with me, we are going to be at the state fair which we are looking forward to >> greta: senator grassley told me it is a great stimulus program they are getting a lot of friendly visitors. thank you, good luck in iowa and see you back in washington soon. >> thanks, have fun in alaska. >> greta: indeed. >> next, you know president obama is in trouble when he has senator harry reid and former house speaker newt gingrich both teams up against...

Feeble, despite the stimulus and you say none of this changed that. >> weve had the biggest fiscal listen with the fiscal deficit of 6% and the most stimulative monetary policy in the history of this country. as you can see in 2 1/2 years out from the beginning of recession, weve had virtually the most limited effect imaginable. im not saying it distant prevent -- didnt prevent a worse decline but its not working. >> neil: the argument is give it more time. youre saying no, enough time has been ...

Was to get as much money into the economy as quickly as we can. that was the purpose of the stimulus program. i would have sported a larger stimulus program providing it was more rapidly injected. >> neil: that was the problem. if youre going to do it, do it quick. >> otherwise it feeds on itself. we did not get enough in early enough and particularly, we put too much money, in my view, to support the public service unions and various chance fer of taxes and other benefits to certain segments of...

51% cited other reasons. and 63% of americans say the u.s. government has gotten so big that its hurting the countrys future. joining us now from chicago, jonathan hoenig a fox business contributor. jonathan, when you look at the numbers, especially the numbers about consumer confidence today, they seem to offer some hope because, you know, consumer spending is about 70% of the economic activity in the country. so, do you see some hope there as an economic player? >> well, juan, i want to see so...