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She said she was frustrate that had she didn't have as much access to the president. with larry, the sinking ship summers whispering in the president's ear, it's no wonder the economy is still in the tank and the banksters have all the money. it's by design, after all. so we're all acutely aware of the situation. we even know where the problem rests. but how do we turn things around? we have a professor at the smith school of business at the university of maryland. professor, what could the government be doing? what could the political establishment be doing to crete jobs that they're not? >> ...

Next? >> i'm not saying that the economy is in great shape. i'm saying that the economy is in better shape than it was and there are good things going on in the economy. peter is talking about the global economy. that's been going on for 40 or 50 years now. that's not a new development, either. there's no argument that we need to generate more jobs in this country. there's every reason to believe that as a business cycle proceeds, we will generate more jobs in the economy. jenna: peter, on that final thought here from you and then adam, what do you think the government should do moving forward...

Happening. all right. health care not reforming. you say bank reforms that make credit more expensive for businesses, no help important the 8,000 regional that serve medium-sized businesses. trade deficit with china, where do we begin? >> okay. the regional banks, something the president can do right now. we have money left in the t.a.r.p. let's use it to create a resolution trust as we did during the savings and loan crisis to help 8,000 regional banks that don't have money to lend, lend money to small and medium-sized businesses that create all the jobs. trade deficit with china is a bigger ...