fiscal problems that will be a challenge for us as a country and we ll work to fix those problems we inherited but the best way to do that is to make sure we re growing private investment comes back and private firms hire again. the government can help but we need to make this transition to recovery led by private investment. you say government should take its foot off the accelerator of stimulus. we ve already moved very aggressively to unwind and walk back the emergency measures we had to put in place in the financial sector. those were effective bringing down the cost of borrowing. bringing private capital in. that was the right thing to do then. we dialed those back quickly. we think there s a case with government helping small businesses and help states keep teachers in the classroom. we have to make this transition to a recovery led by private companies. you talked about extending benefits to the unemployed. when the president did that back in november of last year he trumt
from the left that the stimulus was never big enough to really match up to the severity of the crisis. why not stimulate more? why not spend more to do something to create more jobs? there s a lot of stimulus still in the pipeline. you saw congress move this week to expand unemployment benefits. the senate is about to consider a very powerful package of tax cuts for small businesses, help small businesses get access to credit. that s very important. and we think there s more things congress can do to help reinforce this recovery. we re in a transition from the extraordinary actions the government had to take to break the back of this financial crisis to a recovery led by private demand. that transition is well under way. it s going continue. it will strengthen. you re not prepared to say that more public works government spending is necessary. we have a lot of challenges left as a country ahead of us. very high rates of unemployment. we want to make sure we strengthen the competi
fiscal problems that will be a challenge for us as a country and we ll work to fix those problems we inherited but the best way to do that is to make sure we re growing private investment comes back and private firms hire again. the government can help but we need to make this transition to recovery led by private investment. you say government should take its foot off the accelerator of stimulus. we ve already moved very aggressively to unwind and walk back the emergency measures we had to put in place in the financial sector. those were effective bringing down the cost of borrowing. bringing private capital in. that was the right thing to do then. we dialed those back quickly. we think there s a case with government helping small businesses and help states keep teachers in the classroom. we have to make this transition to a recovery led by private companies. you talked about extending benefits to the unemployed. when the president did that back in november of last year he trumt
from the left that the stimulus was never big enough to really match up to the severity of the crisis. why not stimulate more? why not spend more to do something to create more jobs? there s a lot of stimulus still in the pipeline. you saw congress move this week to expand unemployment benefits. the senate is about to consider a very powerful package of tax cuts for small businesses, help small businesses get access to credit. that s very important. and we think there s more things congress can do to help reinforce this recovery. we re in a transition from the extraordinary actions the government had to take to break the back of this financial crisis to a recovery led by private demand. that transition is well under way. it s going continue. it will strengthen. you re not prepared to say that more public works government spending is necessary. we have a lot of challenges left as a country ahead of us. very high rates of unemployment. we want to make sure we strengthen the competi
very high levels of long-term unemployed. we want to make sure we strengthen the competitiveness of american companies across industries and we have long-term fiscal problems that will be a challenge for us as a country and we ll work to fix those problems we inherited but the best way to do that is to make sur we re growing. private investment comes back and private firms hire again. the government can help but we need to make this transition to recovery led by private investment. you say government should take its foot off the accelerator of stimulus. we ve already moved very aggressively to unwind and walk back the emergency measures we had to put in place in the financial sector. those were effective bringing down the cost of borrowing. brought a lot of private capital in. that was the right thing to do then. we dialed those back quickly. we think there s a case with the government helping small businesses and help states keep teachers in the classroom. those are sensible good