social security. how long of a deal when you look at kind of the ballooning deficits that we re looking at right now, how big of a deal is that right now? it s always a big deal to me. but if you re in a recession i m sorry, you just have no throw that to the sidelines. right now what s amazing is how much we squandered to the tax cuts that were not really thought out. and to put that much stimulus in and not get that much bang for the dollar, that really was a wasted opportunity and has left us with an unfair burden going into the next recession, and less wiggle room to use fiscal stimulus when we really need it. and there are a lot of warning signs out there. one that grabs my attention particularly is the manufacturing of rvs, the center of the country s rv industry is where i grew up. and wall street journal is reporting that shipments of rvs are down 20% this year so far
aftermath, which is ballooning deficits. and it was but it was kind of interesting to hear senator mcconnell say this is about entitlement programs and we will have to cut those. there are issues with those programs. there is no doubt that the ballooning deficit is related to the fact that tax revenues have dropped up exponentially because of a $1.5 trillion tax cut. part of the grand idea was to create a deficit situation where they could say we have to create entitlements. we ll see what happens there. the president doesn t seem to be on board completely with mitch mcconnell on that, but time will tell. let me just say one thing. let me say one thing about that, john, and the mid-terms. when i saw what mcconnell, my first thought was every republican in the country will
war, ballooning deficits. powell will likely address the issues today as well as a presidential influence. over the summer, the president criticized the fed and powell saying he was, quote, not thrilled that powell was raising interest rates. but when the economy has been strong, raising interest rates is what you do to make sure that a strong economy doesn t overheat and cause inflation and turning to something dangerous. a clash between powell and trump ahead. an alarming new study finds climate change ravaging our national parks. scientists from u.c. berkeley and the university of wisconsin found by the year 2100, joshua tree national park could lose 90% of its namesake trees. the risk of wildfires in yellowstone could increase tenfold, transforming the park into scarred grasslands. ice sheets in the north are expected to melt and flow into the sea, eventually making glacier national park s name obsolete. researchers observed data between 1895 and 2010 and concluded temperatur
question. who is the leader of the republican party at this .4 years ago? was at paul ryan? it was not anybody who ultimately ran jason: who is the leader? would hillary clinton speaks, issue not still the leader of the democratic party? no, of course not. jason: is a nancy pelosi? is a combination of chuck schumer and nancy pelosi and a lot of younger democrats who were coming on scene and speaking on a platform jason: that platform, name one thing the democrats let me give you one example. remember, donald trump said to the black community, support to me, what do you have to lose? the answer, you can use health care, medicaid, social security. ballooning deficits. there are ways in which jason: deficit hawk? here s a platform a democrats will run on. open borders, higher taxes, and not repealing obamacare, which has been an epic failure. there is there black forum. who is a base platform?
enacted as written. second, there is a new normal on capitol hill, one in which republicans, including so-called deficit hawks, are spending big, deficits be damned. that s not how it used to be. here is then-vice-presidential candidate paul ryan back in 2012. in this generation, a defining responsibility of government is to steer our nation clear of a debt crisis while there is still time. there s nothing wrong with governments borrowing money. for facts sake, republicans may want to take their anti-debt rhetoric of the past a little more seriously. once upon a time, public benefits like social security, medicare, and medicaid were the fastest growing share of the united states budget. now, with ballooning deficits and rising rates, interest payments are on track to grow faster, this as both parties reach a deal to boost government