party, but both parties show towards the gap, the unemployment rate, the jobs deficit, the disconnect between the issue in the country and the response in washington? you know, i probably should be shocked, but i m a little bit inured to it. it s been going on for such a long time. i think what you have to conclude is that there are far too many policy makers up here who really, a, don t think that much, about the problems that you just outlined. i mean, you ve just shown, i think, pretty compelling evidence that the kind of rising star of the republican party really doesn t have much going on in terms of his economic record. i mean, when i think about chris christie economics, by the way, a, i can t really figure out what they are. and b, i know that when the chips are down, he comes running to washington for help. sounds like rand paul there. he actually has some keynesian credentials there. so think about that for a second. so, no, it doesn t surprise me, but it definitely dis
all of washington, both parties, particularly the republican party, but both parties show towards the gap, the unemployment rate, the jobs deficit, the disconnect between the issue in the country and the response in washington? you know, i probably should be shocked, but i m a little bit inured to it. it s been going on for such a long time. i think what you have to conclude is that there are far too many policy makers up here who really, a, don t think that much, about the problems that you just outlined. i mean, you ve just shown, i think, pretty compelling evidence that the kind of rising star of the republican party really doesn t have much going on in terms of his economic record. i mean, when i think about chris christie economics, by the way, a, i can t really figure out what they are. and b, i know that when the chips are down, he comes running to washington for help. sounds like rand paul there. he actually has some keynesian credentials there. so think about that for a
second half of 2009, adjusting for inflation, the stock market is up about 60% while wages and median incomes are flat. look, the budget deficit is moving in the right direction. we talked about the stock market, housing prices, even consumer confidence. now is the time to focus on the jobs deficit. we talked about the budget deficit until we re blue in the face. enough already. it s time to focus on the jobs can deficit. and if you re not, you re not serving the american people.an . and if you re not, you re not serving the american people.n deficit. and if you re not, you re not serving the american people. deficit. and if you re not, you re not serving the american people.def. and if you re not, you re not serving the american people. interest rates are low. eventually we ll have a transportation bill that addresses the roads and bridges. that s what we ought to be focusing on now and that s what i believe our representatives ought to be working on. jared bernstein, thank you for
more than you think. deficit reduction? didn t take very long, did it? at what point do we declare this spring, dig in and save. the deficit reduction crisis that s nice. post it. already did. more saving. over? if we keep the sequester which more doing. that s the power of the home depot. is looking increasingly likely show mom why you re her favorite, with a 12 infinity color bowl, to me within three years we re at a point where the deficit is a special buy at just $14.98. at a sustainable level the debt will be growing no faster than the economy. you have to won we get through this next debt limit and there s this morning my question. really no crisis to gin up the what will stem the tide of sexual assault in the u.s. kind of guff we ve been seeing military? plus, house minority leader for caught or raising taxes. what we re left with is the nancy pelosi is coming to nerd ongoing job crisis where we land. and st moral protest in won t get back to the kind of north carolin
don t get me wrong. they want to cut entitlement programs. they are very clear that the trajectory, you know, forget about the deficit today it goes like that in the out years. and the republican party has staked its claim to dealing with that problem and to a certain extent they deserve some credit for that. what they don t want to do is get specific about how they would handle it other than this ryan voucher medicare thing which is way far away and we can explain that. what you got now is, yes we want to deal with the problem. but we have no idea i mean the republican party is in complete disarray right now because they don t know how to respond. they don t know what to do other than these vague platitudes about tax reform. they also have been all over the place in the past ten years. think back to the republican party in 2003 which had a huge expansion of medicare when it was popular. remember who the base of the republican party is. it s the people who are drawing on medicare