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Detrimental to the american worker. so i had this conversation with my canadian friends. i shared this with my mexican friends. it is better for all of us to work together and to have the context of a free trade agreement that works for all three nations. the president is simply saying, and he said this, secretary mnuchin said this, let's work on re-creating and helping working class families in the united states. if you do that, that's literally been the bread basket of the world. i'll give you a great example. if china is the saudi arabia of manufacturing, america for 71 years has been the s...

Didn't work. so i think that the a approach that matteo is describing is the right one. move forward on the structural reforms, but have flexibility and a strategy for increasing demand, increasing investments, if you -- if -- and by the way, here in the united states we're not done. i would like to see us rebuild our infrastructure across this country. that's a smart investment to make right now and put people back to work. it would boost additional demand. more workers would be employed. they would then spend money. you would get a cycle but something we need to do to stay competitive. it's ...

This president has been doing. and the minor barbs, the discussion about inequality, does not equate to being victimized in any sense of the word that rational people would understand it. >> michael, the job creators are consumers. if you begin where the economy begins, which is with demand. you can't -- you can't hire someone to do a job that does not provide a good or a service that is in demand by a population that can afford it, which is an argument that the president has been trying to make on things like, for example, minimum wage, which can increase affordability and consumer demand and...

Because it adds to aggregate demand in the economy. every economist understands that. in fact, the unemployment compensation program starting in the '30s is widely, again, hailed by almost all economists as part of the countercyclical set of programs that you have. when you have unemployment, that becomes self-reinforcing. >> right. >> fewer people can work, so they haven't got money to spend and that leads to further unemployment. unemployment compensation, boehner could not be more ignorant in that economic assertion. cutting unemployment compensation takes money out of the economy and that,...

Here is a temporary fix, let's get to the root of the problem. chris, i think that's what the american people are saying. >> it's a three-month extension, time to work out some other details potentially, so you have a three-month extension and the independent nonpartisan congressional budget office says this is going to help the economy. let me read from their report, extending energy unemployment benefits would raise gross domestic product and employment in 2014, relative to what would occur under the current law. recipients of the additional benefits would increase their spending on consumer...