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>> this is the other thing i think is important about the combo approach, you don't have to keep pivoting back and forth, jobs austerity. you're doing both. it follows from a financial crisis. you have these duel problems and you've got to address both of them and then if you keep emphasizing both parties of that bar -- parts of that barbell you don't have to flip back and forth and confuse people. we're stuck because of the polarization and the other reason is we keep kind of flipping back and forth on what the problem is and the answer is there are two problems. >> arianna, i want to show th...

Favorite of immediate austerity are wrong. i would go further than that. the combo policy is the only thing that has any hope after the first stimulus package of getting an extra additional stimulus in place. >> right. but the combo policy, i mean, has that key element of stimulus now. which was being rejected by many people in the white house, including larry summers, who after he left the white house, started again writing pro growth op-eds. the point is that the president in the end made the decisions, and he made decisions which have meant for young people to go back to the cover of the ma...