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Bringing manufacturing home to recover and rebuild

Bringing manufacturing home to recover and rebuild
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Transcripts for CNN Fareed Zakaria GPS 20140427 17:48:00

using 25% of the budget for this country. there is no money for gifted children, no money for pre-k education. is that the right balance? no one s even asking the questions. these laws take a life of their own. the administrators don t have any leeway to kind of use judgment. right. no room for judgment or using in 2009 we had $80 billion stimulus plan. and the point of the plan sold by president obama was to rebuild america s infrastructure. they came out with a five-year report recently where i tried to find how much was used for rebuild infrastructure in this country. it turned out only 3% was used rebuild america s transportation infrastructure because no one, not even the president of the united states, has the authority to approve the most obvious rebuilding jobs. we re talking about just fixing up an old bridge. because you would have to waive certain environmental regulations or labor yes.

Detailed text transcripts for TV channel - FOXNEWS - 20121207:17:56:00

have a natural disaster like that, whatever you lose in the way of jobs you gain back and then some in the rebuilding jobs. heather: okay. tax hikes in january, can this economy handle it based on this report? we re going to have taxes which will be roughly the same under bill clinton, we did fine in that, we ll do fine. what i m worried about is the defense cuts. they re really serious. but we ll get by with a few months of higher taxes until the democrats and republicans start playing nice with each other. but the fiscal cliff, i think, is very overrated as a danger. heather: does it concern you that this seems to be the new norm when we look at the numbers and say, hey, this is better? it s very discouraging. we re stuck at a stable but depressing plateau. meth heather: ben stein, thank you s much. we will be right back. we understan at usaa, we know military life is different.

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