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Detailed text transcripts for TV channel - CNN - 20100731:17:04:00 - Vimarsana News

Detailed text transcripts for TV channel - CNN - 20100731:17:04:00

State and local governments begin to do their cuts we're seeing job growth actually go in the other direction. we saw negative job growth in the last month. even as private payroll goes up. i think the hard reality is after all they did in 2008, 2009 to stimulate and stem the blood money it stopped the losses and did trigger recovery. but the problem is it's not enough and it's not -- the economy is not growing fast enough. the pace at which we grow is really important. it's not growing enough and fast enough to generate the jobs. i think we will see some hiring pickup in the fall, but it's st...

Detailed text transcripts for TV channel - CNN - 20100801:19:04:00 - Vimarsana News

Detailed text transcripts for TV channel - CNN - 20100801:19:04:00

So, diane, what has to happen? what has to give to make it feel like a growing economy? what has to happen to make people feel like they'll have a job and that their money is well spent and to start creating jobs in a virtuous cycle? >> well, you know, that's conditioningly t exactly the problem is jobs. we have a hid wiead wind in the days of summer as state and local governments begin to do their budget kulcuts, we see jo growth going in a negative direction. even as private payroll picked up, the loss of government jobs actually sapped the net job growth in the u.s. economy. i think the har...