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Grej Up News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Detailed text transcripts for TV channel - MSNBC - 20120827:19:27:00

crisis that we have right now. it is a jobs crisis. and it is a demand crisis in the economy. people who don t have money because they don t have jobs or afraid of losing their jobs and they are not spending money. if you can get the economy moving by getting people spending their money again then it is a windfall of revenue and the picture wouldn t look nearly as bleak. i m looking at, you know, interest rates on government bonds kind of ridiculously low right now. which to me says if you have a demand crisis and you have the nonexistent interest rates, isn t this the time for government to spend more money and not to be wording in the immediate short term about deficit but to be stimulating the economy through spending so you get demand up and you get spending going again and get revenue coming in. we have a short term problem and structural problem and we need to deal with both. tht short term we need economic grej up. we have to deal with our unemployment and underemployment chal

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