Surpl Surplus News Today

Budget director during the clinton administration. >> its kind of back to the future for jack lu. he was budget director in 98, 99, 2000. lets take a look at what the budget kind of looked like then because, whoa, green, not red. he had something called a surpl surplus, remember that, wolf? $236 billion surplus at the end of jack lus tenure. i talked to him about it today. he said, yeah, i was looking at these charts today kind of wift fully because i saw all that green there, little pieces of g...

Surpl surplus, but a massive trade deficit. add to that the fact that the chinese government is managing an exploding population with huge income inequality. 1.3 billion people, 43% of them under the age of 29, and most of them men. thats a problem. there is no question that we can level the playing field with china. the question is, where do we start? and whether u.s. leaders will finally step up to the plate to not only address china, but address u.s. corporations from apple to caterpillar tha...

Citigroup, somebody whos just doing the health care reform bill cant take a job at wellpoint. lets pick this up next week. >> heres the problem is, you have smart people that know their jobs. why would you tell them not to practice what they know? ill tell you why, we have a $14 trillion deficit thats largely created by a culture of unfairness, trade, tax, banks health care policies that are manipulated by those very people. >> since 1789. >> well talk to you next time. coming up on "hardball....

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Theirs. rampant intellectual property theft, all critical issues that must be addressed to establish not so much free trade but fair trade. president obama did say today he and president hu discussed all three, and china agreed to work on them. is that it? early on it was clear what kind of day this was going to be, a red carpet welcome, a meeting with some of chinas biggest fans. big businesses like microsoft ceo steve balmer, and others. why isnt our leadership exercising the clear leverage th...