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Transcripts For CSPAN Washington Journal 20121210

For republicans, 2025853881. For democrats, 2025853880. For independents, 2025853882. Remember, also, send us it twitter message, the analysis is that americans need to embrace sacrifice again. He says that any outcome of this is going to require sacrifice and pain from the American Public. In the peace he writes that the problem is not washington, that it is us. No longer are we willing to pay for the things that we know that we need. Boaters that demand something for nothing will demand otherwise. Politicians who fear for their jobs will comply. We want to turn to all of you and ask you, what are you willing to sacrifice . Are you willing to change medicare and Social Security as republicans say is needed . Are you willing to increase taxes, as democrats say is needed . First we show you, from yesterdays face the nation, erskine bowles, who had this to say about spending. [video clip] if we are going to raise revenue in any form, we had better cut spending. That is the biggest part o

Transcripts For CSPAN Public Affairs 20121210

It is fundamentally cyclical, fundamentally the lack of demand that is still in our economy as we recover from the Great Recession. That said, that awareness, that recognition that ben bernanke and former cea sheriff lazar cea chair lazear should not undermine that we face temporary or futures skills gaps but there is three reasons we should be focused on this. Number one, even the unemployment today that is fundamentally about cyclical demand can easily become the next structural skills problem of the future. We know that one of the challenges we face right now in our economy is not just lowering unemployment, but lower and longterm unemployment, and that if we allow regions of our fellow citizens to stay unemployed for year or two years or longer, we know from study after study that they want more trouble establishing their skills Going Forward they will have more trouble is establishing a still Going Forward. There will be a crisis for us in the country, but we will also be sitting

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