consider the united states the safest and greatest country on earth, rightfully so, but it is a problem long term. bill: joining us now to analyze the sage of southern california dennis miller is in santa barbara this evening and you say about that appearance last night. i didn t watch letterman i watched leno. jay had novemberville chamberlain on. i went over there and watched that. bill: ghost of mr. chamber lynn or just a clip comp compilation. i thought i would go original form rather than the latest is he a great talk talk show host. he and megyn fox. letterman and he are great together. he ought to bring him on there and make him his side car like berry bud mehlman or something. all i know is this: as far as the presidency goes, it ain t good right now.
consider the united states the safest and greatest country on earth, rightfully so, but it is a problem long term. bill: joining us now to analyze the sage of southern california dennis miller is in santa barbara this evening and you say about that appearance last night. i didn t watch letterman i watched leno. jay had novemberville chamberlain on. i went over there and watched that. bill: ghost of mr. chamber lynn or just a clip comp compilation. i thought i would go original form rather than the latest is he a great talk talk show host. he and megyn fox. letterman and he are great together. he ought to bring him on there and make him his side car like berry bud mehlman or something. all i know is this: as far as the presidency goes, it ain t good right now.
consider the united states the safest and greatest country on earth, rightfully so, but it is a problem long term. bill: joining us now to analyze the sage of southern california dennis miller is in santa barbara this evening and you say about that appearance last night. i didn t watch letterman i watched leno. jay had novemberville chamberlain on. i went over there and watched that. bill: ghost of mr. chamber lynn or just a clip comp compilation. i thought i would go original form rather than the latest is he a great talk talk show host. he and megyn fox. letterman and he are great together. he ought to bring him on there and make him his side car like berry bud mehlman or something. all i know is this: as far as the presidency goes, it ain t good right now.
says overall retail sales will only grow 2 bone 8 2.8%. that s better than negative 2.8%: we did get negative on the outlook for the u.s. credit rating. that s correct. fitch is one of three credit rating agencies that rates the sovereign u.s. treasury debt. they said they were changing outlook to negative. why? because the super committee failed. they did not like that. they want the committee to come up with some kind of resolution. they want congress to come up with some kind of resolution for $15 trillion in debt. it hasn t happened. they changed their outlook. it s not as bad as having a rating cut, okay? it ain t good. shepard: there is a plan for cutting the $1.2 trillion. they may not like the ut it s there. it s there. and it will go into effect maybe. we don t know. congress could decide something else entirely. shepard: we don t know anything, comforting, isn t it, to be in touch with that reality. smart, probably. shepard: gerri willis fro the business.
friending except for national security. what would this do to the economy? it ain t good. job creation is generally tied to gross domestic product, gdp, how much money the country makes. renewing the rich tax cuts would do some good, but tax cuts for the rich are the worst way to boost the gdp, giving less bang for the buck than any other method. the tax cuts would boost next year s gdp by $12.2 billion and the spending cuts? they would reduce levels to 2008 levels, a 23% cut in spending on infrastructure and roads and bridges and government workers and teachers and scientists and so on. obviously paying salaries to workers creates jobs that helps rich people stuff savings accounts full of dough. using the formulas, the epi calculate that is the spending cuts would cut the gross domestic product by $183.2