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Need to fuel long-term productivity increases and growth in the economy. >> all right, this is a crucial point that you can -- by cutting too much now and not making investments in your future you can actually hurt long-term growth and make long-term deficits higher. bob greenstein, always good to see you. >> my pleasure. john boehner says president obama is trying to annihilate the republican party. but up next, i'll explain why the gop is kind of doing a good job of it itself. and on that path, some republicans are trying to gerrymander it. some are saying we can't change the rules of the ...

And anytime they do that they get the negative reaction that they want. and they're going to use that kind of verbiage to turn public opinion. will it work? >> it won't work. i think ohioans understand what's going on in their own state. every city in that state is devastated by cuts in manufacturing. the kind of trade policy we've had for years. and they will stand up for each other. and again, it's not just public sector. it's public sector workers understanding that when private sector workers lose benefits we all lose. public sector workers lose benefits or pay. we all lose. we can't go to...

Will it work? >> it won't work. i think ohioans understand what's going on in their own state. every city in that state is devastated by cuts in manufacturing. the kind of trade policy we've had for years. and they will stand up for each other. and again, it's not just public sector. it's public sector workers understanding that when private sector workers lose benefits we all lose. public sector workers lose benefits or pay. we all lose. we can't go to the store. we can't stimulate the economy. and you know, tax cut gimmicks are not going to do it. we need rights so that we can bargain, not p...

Making decisions like. you know, they like to have sort of a sense what is going to happen and then they are will make their decisions correspondingly. i do hear a lot that they are pulling back from making that key decision, which is i'm going to hire. i'm going to ultimately expend capital now to hire. corporate america is doing pretty well and, in fact, that's a positive here, we will see it in the next earning season as we say when corporations in the country report how much money they made and they will do fairly well and made a lot of money through productivity increases but yet to reall...

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