He CREATED the deviratives crisis when he was Bob Rubin's 'protege' working in the Clinton administration. This is the greatest theft of all time in the history of the world. And the American population SAYS and DOES NOTHING. A very zionist administration in my opinion.
Academic clown with no practical business experience. People that run successful businesses and understand economics don't come from academics but succeed despite their educuation as they apply things with a logical connection and not from a theory connection.
this guy is a joke, have him come to michigan and see how being unfriendly to business at 10 years of 100% democratic rule has put us as the worst state in the last 50 years.. thanks granholm
Same thing happened in Illinois, only we had a crazy govenor who stole a bunch of money and 2 senators- i mean one senator and now a president who did a really good job with the state of Illinois.
Democrats haven't controlled the state of Michigan for the last 10 years. Currently you have a republican controlled Senate. Your last govenor was a repulican. But, I am sure that under republican control your state did great? You know that answer as well as I do
If the concept of Cash for Clunkers (giving people govt cash incentives to buy stuff) is so damned good, why not do it on a MUCH larger scale?
The answer is we don't do it because there's that pesky little detail of where the $3B came from...and how it gets paid for. Cash for Clunkers got put on the credit card; added to the deficit. Just a niggling little detail the Obama team never mentions.
A mountain of debt and nothing but a bunch of crappy, inefficient, govt programs to show for it.
The banks are doing well and the markets are better, joblessness keeps getting worse. Obamanomics has failed the working man and helped Wall Street. Trickle down economics, the stimulus stimulated the wrong people. Tax revenues are down and government jobs are up. Bad signs. This guy is smoking the same cigarettes Obama does.
How can a decent economist call the cash for clunkers program successful? Take perfectly good cars, destroy them, and subsidize, with tax-payer money, the purchasing of new cars on borrowed money that the buyers can't afford. Do I hear predatory lending? Hurt the used car market, auto repair industry, used parts industry for what? To artificially elevate demand? What about in 2 years when demand plummits because of the current cash for clunkers plan? What then? Subsidize even more?
Very successful Cash for Clunkers? Haha he's funny. Thats why 78% of America doesnt support it. You want a better economy? Lower taxes, create jobs. are just 2 simple things out of many thing obama isn't doing. there has been no sign of a better economy at all. ok one, but thats it. our stockmarket is becoming better each month.
All you are seeing is your freak show channel. Obama is outside the New World, PNAC, neoconservativism. There was no choice. What would Palin/McCain have done? It would be so much worse. This started in late 50's w/Eisenhower. Cheney/Bush cronies took over and destroyed the world. Bush II didn't really know what he was getting into, is really stupid, but worst of all, is apathetic. You want more of that? You want more American instigated wars? Pull that head out of conspiracy theory ass.
David Gregory = douche.
jkovert 1 month ago
He CREATED the deviratives crisis when he was Bob Rubin's 'protege' working in the Clinton administration. This is the greatest theft of all time in the history of the world. And the American population SAYS and DOES NOTHING. A very zionist administration in my opinion.
nobodysfool67 2 years ago
Academic clown with no practical business experience. People that run successful businesses and understand economics don't come from academics but succeed despite their educuation as they apply things with a logical connection and not from a theory connection.
jchittwood 2 years ago
the bad thing is those people that have been run out of these states that you speak of have moved to tennessee.GOD SAVE US!
mommar33 2 years ago
this guy is a crook
fancychance57 2 years ago
this guy is a joke, have him come to michigan and see how being unfriendly to business at 10 years of 100% democratic rule has put us as the worst state in the last 50 years.. thanks granholm
horseplop9 2 years ago
Same thing happened in Illinois, only we had a crazy govenor who stole a bunch of money and 2 senators- i mean one senator and now a president who did a really good job with the state of Illinois.
turok4lyfe 2 years ago
Democrats haven't controlled the state of Michigan for the last 10 years. Currently you have a republican controlled Senate. Your last govenor was a repulican. But, I am sure that under republican control your state did great? You know that answer as well as I do
markss1975 2 years ago
If the concept of Cash for Clunkers (giving people govt cash incentives to buy stuff) is so damned good, why not do it on a MUCH larger scale?
The answer is we don't do it because there's that pesky little detail of where the $3B came from...and how it gets paid for. Cash for Clunkers got put on the credit card; added to the deficit. Just a niggling little detail the Obama team never mentions.
A mountain of debt and nothing but a bunch of crappy, inefficient, govt programs to show for it.
JohnR22926 2 years ago
The banks are doing well and the markets are better, joblessness keeps getting worse. Obamanomics has failed the working man and helped Wall Street. Trickle down economics, the stimulus stimulated the wrong people. Tax revenues are down and government jobs are up. Bad signs. This guy is smoking the same cigarettes Obama does.
bertly71 2 years ago
This crowd is starting to make the Carter administration look good.
Nmhumbug 2 years ago 3
Anybody who doesn't think our country is in serious trouble hasn't listened to this moron. The entire Obama regime are a bunch of idiots. Ye Gods.
Nmhumbug 2 years ago 2
Summers is smoking crack, in fact, most of these fing pinheads are.
thesoothsayers 2 years ago
How can a decent economist call the cash for clunkers program successful? Take perfectly good cars, destroy them, and subsidize, with tax-payer money, the purchasing of new cars on borrowed money that the buyers can't afford. Do I hear predatory lending? Hurt the used car market, auto repair industry, used parts industry for what? To artificially elevate demand? What about in 2 years when demand plummits because of the current cash for clunkers plan? What then? Subsidize even more?
ND066 2 years ago
Garbage. What about after the so-called "stimulus" money is gone? What then? Another stimulus? Who is going to pay for it?
Insanity!
campsteveo 2 years ago 2
Very successful Cash for Clunkers? Haha he's funny. Thats why 78% of America doesnt support it. You want a better economy? Lower taxes, create jobs. are just 2 simple things out of many thing obama isn't doing. there has been no sign of a better economy at all. ok one, but thats it. our stockmarket is becoming better each month.
mbdouglass 2 years ago 4
at 2:21 that lizard effect came in again
Shad0wSquirrel 2 years ago
all im seeing is a depresion. he has to be jokeing.
blt40 2 years ago 2
All you are seeing is your freak show channel. Obama is outside the New World, PNAC, neoconservativism. There was no choice. What would Palin/McCain have done? It would be so much worse. This started in late 50's w/Eisenhower. Cheney/Bush cronies took over and destroyed the world. Bush II didn't really know what he was getting into, is really stupid, but worst of all, is apathetic. You want more of that? You want more American instigated wars? Pull that head out of conspiracy theory ass.
eqsmooth 2 years ago
its going to get WORSE!
theoak84 2 years ago