Page 3 - Entitlement Problem News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Happen hopefully until, you know, a couple of generations from now. we should have hit -- >> you're talking about the 2008 collapse. >> that's right. >> you don't think we're facing what japan faced. you don't think this is -- >> you think this is cyclical. >> what japan faced was cyclical. it is cyclical. there's no indication or no hint. people look for evidence that there's some fundamental flaw one the u.s. economy that accounts for this and it just isn't really there. of course, we would like our work to be better educated but that was true in 2007 too. there's no sign that accounts for t...

They're heading into a box canyon now. it's something else entirely to sabotage a plan with a chance of succeeding and pretend to have leverage that exists only in a world of town hall applause lines and fund raising letters. that's out there by the wall street journal. backed up today by karl rove. this is dangerous territory. don't be bringing down the government. don't be causing the government to become a dead beat. >> let me say, i think that we can survive a government shutdown for a couple days. that's not that big of a deal. it's stupid politically. defaulting on our debt is catastroph...

To become a dead beat. >> let me say, i think that we can survive a government shutdown for a couple days. that's not that big of a deal. it's stupid politically. defaulting on our debt is catastrophic. and so i think that there's two things there. i think that the republicans -- the conservatives have taken their eye off the ball. obama care is bad, but they lost the focus on the spending that we've got to do. obama care is part of that, but we've got a bigger entitlement problem to deal with. >> we all agree. >> they've taken their focus off the ball by focusing on something that's unachieva...

That it's a great time to invest now. she knows next year is a mid-term election that's going to take up a lot of oxygen. she's on the ground now getting people's appetites wet. she also has to be aware of that inevitable, that entitlement problem. she doesn't want people to think she doesn't have to work for it so she's goetting out early, making speeches, putting in time, it's a smart strategy. >> what's her biggest weakness, stephanie, as far as you see it? >> over the course of the next couple of years and leading up to the presidential? >> yes. >> i think that there's going to be a conver...

Pandora's box of talking about social security reforms. i'm all for it. i think the program is really broken. i think these long-term liabilities are a big, big problem. and congratulations to the president for really taking the entitlement problem serious. >> that's why progressives are spitting nail this is week because they don't want a democratic president to be the one putting entitlement changes into a budget proposal. >> yeah, they don't want any of that going on, ever it seems. but also there were some republicans who said, he's attacking seniors. i mean, they are going to demagogue. i...