Stuartt News Today

President to take this bold move. get out there and borrow a ton of money. its a huge gamble though, martha, because look, youre going to take on a whole lot more debt. how would voters feel about taking on even more debt than the 15 1/2 trillion dollars weve already gotten? its a gamble, would it really create more jobs and bring in more national income down the road. so its a political and economic gamble, but its out there because the economy is weakening and the left is thundering along, say...

Its a good economic equation. there is a case to be made. the other side of the ledger is dont you frighten off people when you raise the debt above 15 1/2, 16, 17, $18 trillion? dont you frighten people more with the debt than you get out of it by investing it in projects? its a very interesting equation, martha. martha: its very interesting. also it goes back to the argument of well, what are you going to do in terms of spending cuts to sort beef up that side of the ledger. stuart, thank you. ...