are proposing would hurt every-day americans and the white house is sharing polling with reporters that it beliefs supports that message. an ipsos poll that it sent around says that 69% of respondents believe that high earners and corporations should be taxed to essentially have the country be on a better fiscal path rather than just 19% that believe that cost cutting is the way to get there even so, it s unclear exactly how this compromise happens. even though president biden said this is his position, it s a nonstarter on capitol hill speaker mccarthy, where republicans have the majority in the house of representatives, he said they will not do a debt ceiling raise with no strings attached and he will not raise taxes as the president laid out in his budget. at some point there will need to be a meeting of the minds but
a republican appointee jerome is not known for his bleeding heart or stirring oratory. we re not on a sustainable fiscal path. we need to get on one. but on student debt, jerome has been surprisingly forthcoming. does the high level of student debt create a drag on the economy? as to loans becomes larger and larger it absolutely could hold back growth. that s the key. it s hard to tell from his jerome like delivery, but hold back growth is literally his nightmare scenario. if our college debt or a country, it would be the eighth wealthiest country in the world. this is kevin connell. after falling into almost $100, $100,000 of student debt of his own, he wrote two books, exposing the corruption of the student debt system, all by the time he was 21. in one word, how would you describe the student debt
he basically said that inflation, getting inflation down has begun, but says the u.s. is on an unsustainable fiscal path. ok, so kind of like good news/bad news. unsustainable fiscal path means that spending needs to be cut. so maybe joe biden has put his listening ears on to judge judy. pain from inflation for the american people and to tame inflation the federal reserve has had to hike interest rates, from 0 to 4 and 3-quarters percent. but all of this spending that was passed in two years, that money has not even gone to the economy, like the almost $400 billion in the green energy slush fund that john pedesta is sitting on. that will continue to fuel inflation for months and years to come. so these interest rates have to go higher and higher and higher, and recession is coming in the second half the year, mark my words. that s more pain.
meet jerome. he s the chair of the federal reserve, which is a fancy way of saying his job is to make sure the economy doesn t suck. a republican appointee, jerome is not known for his bleeding heart or stirring oratory. - we re not on a sustainable fiscal path. we need to get on one. - but on student debt, jerome has been surprisingly forthcoming. - in your view, does the high level of student debt create a drag on the economy? - as student loan continues to grow and becomes larger and larger, then it absolutely could hold back growth. - that s the key. it s hard to tell from his jerome-like delivery, but hold back growth is literally his nightmare scenario. - if our college debt were a country, it would be the eighth wealthiest country in the world. - this is kevin connell. after falling into almost $100,000
his job is to make sure the economy doesn t suck. a republican appointee, jerome is not known for his bleeding heart or stirring oratory. - we re not on a sustainable fiscal path. we need to get on one. - but on student debt, jerome has been surprisingly forthcoming. - in your view, does the high level of student debt create a drag on the economy? - as student loan continues to grow and becomes larger and larger, then it absolutely could hold back growth. - that s the key. it s hard to tell from his jerome-like delivery, but hold back growth is literally his nightmare scenario. - if our college debt were a country, it would be the eighth wealthiest country in the world. - this is kevin connell. after falling into almost $100,000 of student debt of his own, he wrote two books exposing the corruption of the student debt system, all by the time he was just 21. in one word, how would you describe the student debt system? - predatory.