Page 37 - Two Thirds News Today

veterans group there at pennsylvania avenue being briefed on what could happen to their ranks if the debt ceiling is not raised. also cnn is learning some states making contingency plans. california specifically taking out a temporary $5 billion loan just to help pay its bills in case congress fails to act and turmoil in the credit market makes it difficult to borrow money after august 2nd. take a walk with me. i want to look at what exactly is proposed here. we have two different plan...

The fence and theyre never satisfied. what do republicans want? >> im sure that bit of sarcasm about the mote with the alligators will go a long way for getting republican support for whatever he wants to do. hes looking at poll numbers first and foremost because theres no way the deal act or any comprehensive immigration reform will make it through, certainly before 2012. whats happening when hes looking at core constituencies hes seeing a significant dropoff among hispanic voters. he won the h...

Economy. >> got you. i want to get back to that, but ryan, two-thirds of the economy is based on spending, and if spending continues to slow, and it slows because people dont have jobs, and they dont have any real equity in their homes, what -- that doesnt speak to being able to get out and innovate and coming up with the next big thing. >> at the end of the day, spending comes from the generation of ideas. if i have an idea and i can combine that with needs of society and yeet a service, peel w...

It, but at this point you know, we are just getting started. i agree everything has to be on the table because as soon as i take something off the table, they are going to take something off the table and we might as well not meet. >> laura: there is a sense, i think, among a lot of folks who have followed washington and i have been following politics for a long time. that there is this sense of inevitability, that something big and something really expensive for the working people of this count...

Of this country is going to be recommended at the end of all of this. now, the breakdown of the committee, 10 democrats, right? eight republicans. how many do you need to adopt a recommendation? >> well, you need 14. but the truth is, laura, two thirds of the people who are on the commission were either appointed by the president or they are of his party. so if you were actually going to design this for success, like the 9/11 commission, you would have had it split even steven. so its not -- its...

It, but at this point you know, we are just getting started. i agree everything has to be on the table because as soon as i take something off the table, they are going to take something off the table and we might as well not meet. >> laura: there is a sense, i think, among a lot of folks who have followed washington and i have been following politics for a long time. that there is this sense of inevitability, that something big and something really expensive for the working people of this count...

Consumers at first it may seem to work domestic manufacturing gets a boost more workers are hired and foreign competitors that produce more cheaply are edged out by by free trade. but the products produced at home are more expensive and not always state of the art since there is no competition from abroad innovation begins to lag. growth also starts to stagnate companies produce almost exclusively for the domestic market neighboring countries respond by instituting protectionist measures of thei...

Are edged out by by free trade. but the products produced at home are more expensive and not always state of the art since there is no competition from abroad innovation begins to lag. growth also starts to stagnate companies produce almost exclusively for the domestic market neighboring countries respond by instituting protectionist measures of their own and introduce import tariffs. and this is what happened after the nine hundred twenty nine stock market crash in the u.s. within just a few ye...

Are edged out by by free trade. but the products produced at home are more expensive and not always state of the art since there is no competition from abroad innovation begins to lag. growth also starts to stagnate companies produce almost exclusively for the domestic market neighboring countries respond by instituting protectionist measures of their own and introduce import tariffs. and this is what happened after the one nine hundred twenty nine stock market crash in the u.s. within just a fe...

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