because we are in such dire financial straits we should cut $61 billion from the 2011 budget right now. that s their conventional wisdom. the terrifying investment bank goldman sachs this week did a non-partisan assessment for one of their clients about what the effect would be on the economy if john boehner gets his way, if the house republican budget is actually put into effect. check it out. a confidential new report prepared by goldman sachs for its clients says spending cuts passed by the house of representatives last week would be a drag on the economy, cutting economic growth by about 2% of gdp. two points off the now that owl those jobs got saved, now that we still have car companies in america, now that gm s making $5 billion a year in profit, if you liked the advice from speaker boehner that that wasn t worth doing, can i sell you a budget plan for the country that s designed to reduce economic growth by two points? any takers? joining us now is eugene robinson, pulitzer pr
nation is so broke we cannot afford to spend any money. house republicans under the leadership of mr. boehner say because we are in such dire financial straits we should cut $61 billion from the 2011 budget right now. that s their conventional wisdom. the terrifying investment bank goldman sachs this week did a non-partisan assessment for one of their clients about what the effect would be on the economy if john boehner gets his way, if the house republican budget is actually put into effect. check it out. a confidential new report prepared by goldman sachs for its clients says spending cuts passed by the house of representatives last week would be a drag on the economy, cutting economic growth by about 2% of gdp. two points off the now that all those jobs got saved, now that we still have car companies in america, now that gm s making $5 billion a year in profit, if you liked the advice from speaker boehner that that wasn t worth doing, can i sell you a budget plan for the country t
right now. that s their conventional wisdom. the terrifying investment bank goldman sachs this week did a non-partisan assessment for one of their clients about what the effect would be on the economy if john boehner gets his way, if the house republican budget is actually put into effect. check it out. a confidential new report prepared by goldman sachs for its clients says spending cuts passed by the house of representatives last week would be a drag on the economy, cutting economic growth by about 2% of gdp. two points off the now that owl those jobs got saved, now that we still have car companies in america, now that gm s making $5 billion a year in profit, if you liked the advice from speaker boehner that that wasn t worth doing, can i sell you a budget plan for the country that s designed to reduce economic growth by two points? any takers? joining us now is eugene robinson, pulitzer prize-winning columnist for the washington post and an msnbc contributor. gene, it is great t