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Do these policies work to get the economy going, to shrink the debt and create jobs. if they don't, we're going to have a one-term president. if they do, chances are barack obama is going to be in a stronger position. >> do you all agree with that, it's all about jobs? >> jobs and the deficit. >> not like you guys don't have a stake in this, as well. again, it's not just democrats governing now, it's now republicans. so you all have to get something done. the no, no, no stuff can't go on. the deficit stuff, yes, it's important, but what's the number one priority in america? -- creating jobs. s...

Unless people are back to work right now. >> professor reich, the national debt that now stops $13 trillion, can we afford to spend more money? >> not only can we afford it, the question should be, can we afford not to? the issue is the ratio of the debt to the total economy. and that's going to get worse and worse and worse if the economy doesn't grow. the reason we got out of the depths of the great depression and spend like mad during world war ii and found by the 1950s that actually the ratio of the national debt to the total economy started heading downward, was because the economy kept g...

In 2018 and that will be very bad for the economy. >> neil: i get a sense from your friends in washington and senator rounds and some of these others that they will swallow on the deficit stuff and swallow taking on a little bit more of the debt if it means they have a victory or a win for the gipper in this case, for president trump, because they cannot afford not to have gotten something done on taxes. what do you think? >> let me tell you, mike rounds was governor of the state of south dakota, which is one of those zero earned income states. he knows exactly what tax cuts can do to create e...