certain uneconomic behavior. so yeah, the preference would be putting it back to the beginning of the year. there s a cost to that. you look at how the cbo and the joint committee on taxation will score that bill, that is going to have an impact on the total costs of the tax cut. neil: there s those that think you should cost the tax caught like you would any spending initiative. anyway to be creative in the accounting. but there s some that are not too keen about a big tax cut saying we don t have the money for it. even secretary mnuchin says that they won t see much of the tax cut for the upper income. so the party is divided on this issue. what do you make of that? you put your finger on one of the two or three biggest issues of the tax cut. that is to say is it going to be revenue neutral? three ways of looking at it.
signal like rein it in. i don t think so, neil. i think he wants lower rates, get rid of deductions, exclusions, exemptions, trump talked about that as well. where mitch mcconnell was focusing was infrastructure spending, he wants to be sure that doesn t go awry, become like stimulus spending. i understand that. he was talking about tax breaks. and he was talking about static accounting. i don t want to get boring. that s true, you re right. you and i both know you don t price a tax cut like a spending initiative, that comes actively down the road. he is right to fear near term makes deficits worse, probably will, but in short order revenue comes flowing in. tell the washington police that, the revenue, not spend it like drunken sail leors. the first tax bill with
neil: democrats are balking that the super committee is holding its meeting behind closed doors. now, that was not their concern over health care. anyone remember this? on the biggest proposed spending initiative in american history, no news. just a door. a closed door. shut out. now locked. and we are trying to figure out. remember watergate? remember for door gate, with an order that the looks be changed a stunning breach of congressional protocol. reports that more meetings are being held behind doors that congressional leaders swore would remain open. door gate, day ten as the democratic counterparts are snooping out a back door.
they promised us with the initial stimulus, eric, it would hold unemployment to at or below 8 percent after they passed that it went to 30 percent and now is settling between 9 percent and 10 percent. and listen to rahm emanuel weighing in. have them rebuild the schools, rebuild the roads we have a 21st century economy on a 20th century infer instruction. that should be reinvention like nasa and internet, and we will be stronger and more productive. a democrat would never met a spending initiative he cannot embrace. guest: with these democrats it is more like spend and tax to pay for it and that is way are seeing, multiple proposals the last though years of keynesian economics what they call temporary spending to stimulate the economy but it is never committee. what they have done in the administration is elevate the spending baseline to a record 25 percent g.d.p. so that means
about $168,000 per job. a firefighter makes 51 grand. i m sorry, a teacher makes $51 grand and a construction worker 33 so we re really spending a lot of money. i have some fun. see that recovery.org. touch that map. go there, touch that map and you get another map and it shows you all the spending initiatives. there it is. every blue dot there is a spending initiative. i had some fun. out of the blue, i m telling you, this was not planned. i hit illinois, hit the middle of illinois, i got caterpillar getting $14 million. i hit california, san francisco, steve, $100 million for the schools in san francisco. wait. that s pelosi s district. $1.3 million per job. i went i saw a little dot hanging out northern above the northern border of the united states, i touched it. you know what it was? $14 million going to nanometrics in ottawa, canada. american stimulus money going to