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A deep economic situation as it relates to our deficit and budget. we've been spending wildly in the hope of stimulating the economy to create jobs so people would pay income tax to run the government. if we are finding out we have to go out and raise taxes possibly as a value added tax or national sales tax that is an acknowledgement that perhaps those jobs were not created by the stimulus to generate the income -- this is disheartening.c' unless paul serve having an intellectual discussion on how you raise money he's an academic-type. >> i think paul volcker knows. i've talked to people at t...

A deep economic situation as it relates to our deficit and budget. we've been spending wildly in the hope of stimulating the economy to create jobs so people would pay income tax to run the government. if we are finding out we have to go out and raise taxes possibly as a value added tax or national sales tax that is an acknowledgement that rhaps those jobs were not created by the stimulus to generate the income -- this is disheartening.c' unless paul serve having an intellectual discussion on how you raise money he's an academic-type. >> i think paul volcker knows. i've talked to people at the...