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Obama to call for stimulus spending in State of the Union
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Noelle Clemente on why stimulus spending doesn’t work
- Duration 0:59
- Date Feb 11, 2013
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Noelle Clemente on why stimulus spending doesn’t work
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Well the president's claims -- spending cuts that are chock full of a chicken and we've seen.
Spend a sports administration -- that unemployment would be 5% saying seven point nine.
That's not the solution and not here to talk about austerity.
Want to deal with long term problem we'll look at the CBO's Adam we know that this is -- long term spending problems driven by mandatory spending.
Medicare Medicaid Social Security until he gets enough credit acts -- short term patches are gonna find ourselves at the same table.
Getting into the heart of that right.
It would be I mean it would be nice it would be nice in my -- my -- John chocolate -- -- lose weight but maybe this we're not going there right.
I mean.
It doesn't that's not -- for it there's not a lot of indications it to see that we're gonna have a big solution.
-- -- you have the short term problems and now we have to -- to deal with those but the long term the big picture.
The couple long term that's and that's threatened by this -- spending -- and investments -- spending increases today.
They're gonna solve updated the prison.