in the new york times welcome to the recovery. are we recovering? he says exports are booming, private job get has returned. auto industry coming back. i don t understand the unemployment rate and i don t understand why it are we on the road to recovery? i would love for secretary geithner and president obama to come out to arizona and go to town hall meetings that i ve been holding where people can t get jobs,2b.0ñ out of wor, 40 some percent of the homes are underwater. small businesses can t get lines of credit. maybe secretary geithner, i say with respect his friends on wall street are doing well. on main street in arizona they are not doing very well at all. so, maybe in his view there is some success here. but it really has not penetrated to arizona.
barack obama took office. you can t blame that on george bush. dana: at what point do they have to take responsibility from an economist point of view? there has to be some kind of statute of limitations. president obama came in, remember in his first month or two in office he passed that stimulus bill. his economic program in place faster than most presidents do. president reagan didn t get his tax cut passed until the summer of his first year in office. the point is his policy was put in place immediately. dana: within weeks, two or three weeks. and 18 months later we still haven t had much job get. over that period we ve lost jobs. one other point a few weeks ago president obama and vice president biden had this road to recovery tour, right because it looked like the economy was getting better. now all of a sudden signs are coming in consumer confidence
barack obama took office. you can t blame that on george bush. dana: at what point do they have to take responsibility from an economist point of view? there has to be some kind of statute of limitations. president obama came in, remember in his first month or two in office he passed that stimulus bill. his economic program in place faster than most presidents do. president reagan didn t get his tax cut passed until the summer of his first year in office. the point is his policy was put in place immediately. dana: within weeks, two or three weeks. and 18 months later we still haven t had much job get. over that period we ve lost jobs. one other point a few weeks ago president obama and vice president biden had this road to recovery tour, right because it looked like the economy was getting better. now all of a sudden signs are coming in consumer confidence
barack obama took office. you can t blame that on george bush. dana: at what point do they have to take responsibility from an economist point of view? there has to be some kind of statute of limitations. president obama came in, remember in his first month or two in office he passed that stimulus bill. his economic program in place faster than most presidents do. president reagan didn t get his tax cut passed until the summer of his first year in office. the point is his policy was put in place immediately. dana: within weeks, two or three weeks. and 18 months later we still haven t had much job get. over that period we ve lost jobs. one other point a few weeks ago president obama and vice president biden had this road to recovery tour, right because it looked like the economy was getting better. now all of a sudden signs are coming in consumer confidence
2.8 million fewer people working today than were working when the stimulus bill passed. the kind of jobs they ve saved. let s remember, this is not in private enterprise where the company is paying the employee and they are making a profit and paying taxes these are jobs in government. which means we are going to be paying for those for the rest of our lives through increased taxes and higher debt. of the 595,000,, 595,623, the vast majority everybody who isn t working for the government picking up the tab for those people with a deficit financial program extend to the lives of our children and grandchildren. the president s right that the economy is somewhat better the get was stronger in the final quarter of last year businesses had drawn down inventory so low they had to buy thins to replace inventories. job get, job losses are