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Unbelievable. you mentioned earlier the threat, the worried that this will lead to a recession. what are those key indicators? what are the things that the administration in your opinion should be doing to counter this and makebe sure that the recessn does not actually kick in. it is painful right now, but it can get a whole lot worse. the things that i i am seeins and talking to folks across the commonwealth is a slowdown in economic activity. people are having problems getting the materials that they need in their businesses, supply chain issues are affecting that. you are seeing the early signs of that slow down. not only are people able to purchase less because of the erosion of their spending power with inflation, you are also seeing a slowdown in the economy that economists are saying is coming to us that will be incredibly impactful in the months to come. with that graphic that was ....
You could say these young people don t have jobs, so let s look at a way that the government could help them more. or there is another way to say how is the government holding them back? and i think that the second question is the one that is how i would look at it. the growth in this country is at .1%. which is barelynt keeping up wih inflation, as we saw from those numbers. and at some point, the administration can t have it bothat ways, that if the recessn ended as soon as president obama came to office, or four months later, ifth the recession ended then, at what point does he havt to take any responsibility for lagging economy? at what point does he have to take responsibility for unemployment? you can not blame bush for both things, for that much longer, and hopefully that tax reform piece that i mentioned, thee keystone pipeline gets pushed forward so these young kids he he tookly took responsibility didn t takete responsibility. ....
Within the republican party, really, that s a disagreement over tactics and essentially disclosing your negotiating rategy. taxeising s is never popular, especially in an election year, especially in a recession. i think the reason the president is having trouble getting tracks on this issue is there is a credibility trap when he he talks about reducing the debt. when it s $250,000 per family, that can be a two-parent home, both working in the middle class, making middle class salaries. so i think one of the political tension points on the year this year is a gap between the working wealthy and what might be called the super rich, the bernie madoff crowd. and a lot of tse folksmi in the upper middle class, especially in the higher cost of living areas are feeling the squeeze from this recessn deeply and they deeply resent as well as fear the prospect of higher taxes. let me finish one point i missed. you can t take if the whole premise is if you make money, you go out, you work har ....
2010 dependsn whether or no people whether not econiceali cahes up wi he perception of recessn. tlrm me begnings of signs at it is. let s talk about the big issue on te presint s plate. elena kagan s nominaon. aisle have uespond to something that bob wrote. kagan may be the besthoice for the supreme court, although there are disseingliberals wh doubt . but undeny bly one reason she was picked was to circumvent e clash and smash of bitter pa sarn time. she will be connell firmed, but onlyafter a faux battle. i shocked. since t mocrts ran the assassination campaignf litics against ork, we ve had two levelsf supreme cort nominations. one, the kind of real polit of the isues of the court, where they ar asawyers or judges or acemics and secondthe political show. they hav theotes to confirm her. hepicked a cente left justice he thoug he could g through. ....