Stimulus Doesnt Work News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Government stimulus doesn't work for young people, and we are going to have to pay 0 of in the future, we're left at a huge disadvantage and i think it's only going to get worse as obama care inmremented. there are plies controls that say we have to pay 45% more for the rest of the system. if someone wants to hire us, they have to pick up that cost, too, and harder to get jobs. makes it more miserable. >> dave: we saw the frightening unemployment rate, almost twice, 16.5%. you mentioned obama care, a lot of people were excited about the fact that they could stay on parent's health care until t...

>> as a psychological matter i don't think you can overestimate how much the last two years for the republican party have had a radicalizing sort of anti-keynesian effect. all their sort of intellectual organors, think tanks, they've come up with a million arguments about why the stimulus doesn't work. and more like why the key thing here is long-term, structural unemployment. they've come up with a 100 very sophisticated and interesting arguments about why they shouldn't believe the things they believed in 2009. >>. i was with you until the last sentence. >> i'm not saying i find them persuas...

Winds up, lars? >> i think that's where it does wind up. the draconian cuts i agree with you leslie it's a bad idea to simply have the automatic cuts rol roll through. the fact is, though, this economy can't take more tax increases. we need government to cutback. and that is not just being a knee-jerk, it's saying this is the sensible solution. why do you think that herman cain's plan on taxes and perry's flat tax proposal have been so popular? why has the tea party been so popular? the american people are not begging for more government. we've had more government under this president it doesn...

Their homes are going to be able to stay there. what is mitt romney suggesting? that the people by the millions, literally tens of millions be thrown out of their homes without the government doing anything to help? and they are such hypocrites, al. they talk about how the stimulus doesn't work and we're not going to do anything to create jobs. and yet i see one after another of them grinning when they cut the ribbon for projects that are in their district. it just galls me. >> that's right. and the thing that amazes me, congresswoman, is if government didn't deregulate and allow these banks a...

That. it had some infrastructure, had some short run things. if you look at the cash for clunkers or first home buyer tax credit. they were geared to try to shift it from 2010 into 2009. given it's taken this long, i don't think you would do that short stuff. >> just for clarity, when the administration came in and did the stimulus, however big it was, too big, too small, how much was the economy shrinking then? when folks were -- >> it was at minus 9%. at the time we thought it was around minus 3.5%. and it wasn't just us -- >> minus 3.5%. >> which would be pretty bad, but minus 9% is worse. ...