speech. not a jobs speech. he is back in campaign mode. from the white house and all the president s men and women, the point seems to be somebody has got to do something and they are the party of no. they are his political opposition says do nothing. stop the wheels. that seems to be the gamble. that s right. and you heard, again, in the rhetoric, pass this bill, pass this bill and this will happen. sort of get off the dime. take some action, was the message the president was trying to convey and that put the onus on the republicans to say no, we won t or yes, we will. shep: it s a $450 billion project that would go over a year. all of that includes hiring back teachers and putting more money into the economy, getting roads and infrastructure put back together. but that $450 billion certainly has to come from somewhere. jerry willis from the fox business network, host of the willis report at 5:00 o clock eastern time in the afternoons
Detailed text transcripts for TV channel - FOXNEWS - 20110908:23:00:00
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Detailed text transcripts for TV channel - FOXNEWS - 20110908:23:06:15
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shep: there was a time when the manufacturing sector began to decline in the united states. fewer people had jobs, yet the money seemed okay because we had this housing bubble. when the housing bubble burst, people turned around and looked and said okay, there is inflation everywhere and things cost more and my house i m under water. and there was no place to get the money. ed henry is our chief white house correspondent and live on the north lawn. the thinking it seems from the white house is that this sort of a tone and these sort of specifics are ones that people on both sides of the aisle might think is a good idea? that s right, shep. because the bottom line is that i think we should also pay attention to the fact that the president who for months and months and months had been saying this economy is better made a pretty startling admission tonight by saying basically, we need this plan to pass to give a jolt to an economy that has stalled. he is acknowledging after months and
house puts out about a credible threat and now we ve gotten word from our producer on capitol hill from eric holder that eric holder will be sending out a bulletin on this shortly. producers love to produce programs. white houses love to produce evenings. they produced this evening and it appears to me from their perspective, they might have done an effective job of it. feeling a little manipulated now? shep: we always feel manipulated. that s what happens. it s interesting the stage craft that happened. the republican response is here. if the republicans had known they d have time, i bet next week s paycheck that there would have been a response. possibly so. although i also think if there was specific things that the republicans would rage against in an did she something called the americans jobs act, they may have made more of an excuse to do so. i think there was a lot here that both sides concur. shep: the republican response really is a simple one and i m not saying wha