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

Talk about before we talked about government shutdowns and the process and back and forth with washington, it's only the fed, really, that has been enacting policy, fiscal policy in the country right now, and she's been next to ben bernanke for some time now. she knows exactly how the stimulus works and exactly what needs to be done to take it off the table, and again, a steady hand at the tiller. that's what wall street sees in her. >> yeah, and the markets are reflecting that to be sure. although this is no great surprise. we have known for several, at least a week or two, that the president...

Government spending when the private sector is withdrawing spending means you lower gdp. nobody has explained how cutting government spending creates jobs. they don't have a relationship. you've got to have somebody spending into the economy, and if it's not the private sector, hello, it's got to be the government. that's why stimulus works. >> here is where it always surprises me, people are surprised by things. today on "morning joe" everybody found out mark harmon makes more money than brad pitt because people like mark harmon and he's on television all the time. we have been creating publi...

Jobs. they don't have a relationship. you've got to have somebody spending into the economy and if it's not the private sect dwror, hello, it's got to be the government. that's why stimulus works. >> here is where it always surprises me, people are surprised by things. today on "morning joe" everybody found out mark harmon makes more money than brad pitt because people like mark harmon and he's on television all the time. we have been creating public sector jobs month by month ever since 2010 in this country under this democratic administration. meanwhile, reducing the number of public sector ...

Of talk about is he ques seques. the president will say we need spending on areas like education and energy and infrastructure and manufacturing. it's what we calls investments. the idea is short-term stimulus, long term deficit cuts. you know what the response from republicans will somebody if stimulus works, we would have had trillion dollar deficits, by we've increased our debt by $5 trillion over the last four years. if stimulus worked, we'd have a roaring economy right now. >> and apparently we don't. >> eric: chris, good to see you. >> we also have an exclusive interview with john mccain...

Tax cuts to higher income folks, it doesn't have a quick effect on the economy, and the reason, of course, because and they save month money money. people trying to make ends meet, they spend it immediately. that's what stimulus is. spending money quickly. what we know about it on the obama side is it appears to have worked. they made bad estimates in the beginning of how bad the recession would be, but insofar as how the stimulus went, there's been a fairly large effect. what ryan says here, at one point ryan believed that deficit financed tax-based stimulus works, and over the last two years...