Page 24 - 110 8 News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Demand is the problem. we can't get enough customers to come in. that probably is what the economy needs more than targeted tax cuts but tax cuts especially when the republicans want to make headway in both houses is what we're going get. >> certainly a $30 billion fund in there to give lending to community banks and the like to try to get money flowing again is something that can possibly help but certainly a lot of money. candy, come back in time about 30 years. economy was in big trouble. 1980 republican ronald reagan elected on a wave of optimism. unemployment rate 10.8%. the result of the...

Unemployment rate 10.8%. the result of the following mid terms elections, democrats pick up 27 seats in the house losing one in the senate. fast forward to 2008, president obama says yes, we can fix the economy. two years later the unemployment rate jumped from 6.9% when obama was elected to 9.6% today. is there a parallel to reagan's first midterm and is it a fair one? >> i don't know if there's a parallel but there are lessons in there that everyone might look at. first and foremost the whole notion that the president is in huge trouble and certainly right now in those snapshot polls that's ...

There are a lot of candidates and if you look at what the city is dealing with, 313 murders so far this year. $654 million deficit. 10.8% unemployment. why would emanuel even want this job? i mean, we all know he loves a challenge and doesn't beat around the bush. >> i was going to say, he does love a chicago. chicago is one of god's great cities. it is a great place. it's had larger than life mayors give you the dalys, harold washington and something -- he's a chicago native. he was born there. he is 51 years old at this point. he's been at the white house. he's been a congressman. he's been ...

Latest updates on this topic from reliable sources.

Latest updates on this topic from reliable sources.