Detailed text transcripts for TV channel - CNN - 20110215:00:55:00
We are still deep in the throws in the gravitational pull of the great recession--it's not going to grow rapidly, jobs are not going to come back if we simply cut public spending and also cut taxes. that's not the way to get jobs back. >> we have to celebrate between the short-term challenge and the structural one. we can actually have more tolerance for deficits and debt in the short-term if it's combined with a means forward to deal with the 85% plus spending problem and frankly to reform our tax system in ways that will make it simple, more fair, and ek wit tabl. >> here's a question, is th...
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