martin from accent asset management and democratic media consultant steve murphy. welcome to everybody. tom, no deal, a b. s. deal for jobs? i agree. i mean, these cuts that take place in 18 months are a budget b. s. it s a budget crap. you have to make these cuts now and they have to stop messing around and put an end to the uncertainty on america s economic future and the job creators right now. they have to make the cuts. no one is going to be happy but it s their job and responsibility for the future of this country to make the tough decisions even if it s not the right ones. i don t know, jonas, you re smiling. that may be because you re in miami or maybe because you re disagreeing with tom. some cuts are better than no cuts. i actually like severe, serious cuts which is the penalty for no action and they kick in later as would the tax increases if there s no action and that s actually kind of good because the economy is not so great right now. and it can t handle either tax
the problem. hi, everyone, i m brenda buttner, this is bulls and bears, let s get right to it. the bulls and bears this week, tobin smith, jonas max ferris, todd schaumburger, from the black bay group along with accent asset management, scott martin and susan ott, a former senior advisor at the treasury department. welcome, everybody. scott, the private sector is fine and we need more government jobs? brenda, nor case of hey, guys, the government knows best. the government says we create the best jobs, not the private sector. all right, yeah, right, toby. you know, the recovery began in 2009 and the private sector, lost over a million jobs. the government s created about 100,000, yet, unemployment at 9.1%. gdp is struggling at just over 1%. we re doing great. okay. susan. well, unemployment has fallen in about half of the states. you know, i don t agree with senator reid s