Detailed text transcripts for TV channel - MSNBC - 20110819:02:23:00 : vimarsana.com

Detailed text transcripts for TV channel - MSNBC - 20110819:02:23:00

>> ed, absolutely. it is not just emotional. it is absolutely just, it is economics. economics 101. when you have so many, 25 million people working part time or looking for job, when you have so little consumer demand. consumers are 70% of the economy. when businesses are not hiring because they're not customers, you have to have government there as the spender of last resort. you want the long term debt under control. unless you get growth back, the long term debt will be worse and worse and worse. so it makes economic sense for the president to stand for something and demand something that is bold in terms of a jobs package. >> what would be the most boldest thing in your opinion the president could do that would be achievable? in his term? >> well, there are a number of things that i think would go boo the job package. exempting the first $20,000 of income from pay roll tax from the next couple years for one thing. number two, a kind of an

Related Keywords

People , Job , Ed , Economics , Consumer Demand , Economics 101 , 25 Million , 101 , Economy , Term , Businesses , Liberal , Debt , Growth Back , Consumers , Spender , Customers , Last Resort , 70 , President , Something , Thing , Jobs Package , Sense , Demand , Terms , Opinion , Kind , Things , Number , Tax , Package , Income , Pay , Two , One , 20000 , 0000 ,

© 2024 Vimarsana