if passed whole it would not create too many jobs. absolutely would not. too many tax cuts in there. it s an extension of tax policy we have now. but that s important. no, but it s not going to create a lot of jobs. it s not a jobs bill. they re not going to do anything about jobs. they haven t done anything about jobs. it s bizarre. i really do disagree with that, really. i do. because look, i think this was look, is it the jobs bill that i would craft? no. but chris, his first jobs speech now? i mean, it s 2011. i got to say i mean, i think the american there s been a sense of frustration with this white house that pivot to jobs is a phrase that they have used countless times. someone counted 17. and they succeeded this time they have. they got all the other stuff out of the way. but this they also didn t frame it. the american people forget we were losing 700,000 jobs a month when he took over.
secretary during hoover had this famous quote about the recession basically saying, bring it on. he said, liquidate labor, liquidate farms. he said the industrious he said the industrious will pick up the wreckages from the slothful, essentially. there s a sort of purifying yeah, there s a sense and i think this is insinuating itself into our politics. the sense this sort of purifying virtue of it all. that s why you aren t seeing the same kind of immediacy. if you look at that boehner jobs speech, it was not like he s super, like, focused on getting stuff going now in terms of short-term job growth. you can have both, though, right? we don t talk about the depression of 1921 because it ended instantly bays we had that market-clearing exercise where the rich bought everything up. the fact is market-clearing. yeah. if my income can t support a $750,000 home and i m telling you, it can t, but and more rich i thought you were set occupy your side of the aisle? no, no
welcome back to the ed show. thanks for watching tonight in columbus, ohio. republicans waited a whole week to offer an official response to president obama s jobs bill. in fact, house speaker john boehner didn t even offer a new plan of his own today. it promised he only promised to oppose portions of the president s plan. the president s proposals are a poor substitute for the pro-growth policies that are needed to remove barriers to job creation in america. we heard more of the same from the speaker. overall overhaul absolutely the tax code. no tax increases on the wealthy. cut regulations. we ve heard all of this garbage before. will the president s response today was hinted at during his jobs speech last week. there are private construction companies all across america, just waiting to get to work. there s a bridge that needs repaired between ohio and
welcome back to the ed show. thanks for watching tonight in columbus, ohio. republicans waited a whole week to offer an official response to president obama s jobs bill. in fact, house speaker john boehner didn t even offer a new plan of his own today. it promised he only promised to oppose portions of the president s plan. the president s proposals are a poor substitute for the pro-growth policies that are needed to remove barriers to job creation in america. we heard more of the same from the speaker. overall overhaul absolutely the tax code. no tax increases on the wealthy. cut regulations. we ve heard all of this garbage before. will the president s response today was hinted at during his jobs speech last week. there are private construction companies all across america, just waiting to get to work.
the most pressing issue there is greece. reporter: yeah. that s right, ali. what i should also mention, though is that the markets have certainly learned over the last two years this euro in crisis has gone from bad to worse. what they wish for and, then, again, what politicians deliver. what they would ultimately like to see, these leaders agreen on a bold action on a statement promising bold action like raising the euro s bailout fund to cope with countries like greece that they re still having trouble paying bills and might also like a discussion about moo mooch mutualizing. germany, of course, is still very, very reluctant to fit the bill on that, ali. different finance abilities. so that mutualization or further union mayen very far apart. the international monetary fund christine lagarde has stern warnings about the prospects for recovery in europe. what did she have to say? reporter: yeah. not mincing worlds and in an interesting position, because this time last