Guests:
Austan Goolsbee - Council of Economic Advisors
Mike Bloomberg - Mayor of New York
Rep. Anthony Weiner - (D-NY)
Harold Ford
Savannah Guthrie
Paul Gigot
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Gregory: Is the tax deal going to pass?
Goolsbee: sure it will - we can’t allow taxes to go up
Gregory: some people hate it
Goolsbee: I know it’s a bitter pill to swallow
Gregory: Larry Summers says we’re going to have a double-dip recession - is he just trying to scare people?
Goolsbee: [ puts flashlight under chin ]
taxes will go up in 20 days!
Gregory: the tax cuts didn’t create jobs in the
first place
Goolsbee: true - but Obama scored an awesome deal for the Obama tax cuts
Gregory: do tax cuts stimulate the economy?
Goolsbee: not for the rich - but it’s a compromise
to help working families
Gregory: will you really raise taxes on the
rich in 2012?
Goolsbee: it’s possible - after all some say the world will also come to an end
Gregory: the tax cuts for the rich will add to the deficit!
Goolsbee: adding by not raising taxes?
Gregory: right
Goolsbee: look Fluffy Obama agrees with you
and Tim Geithner!
Gregory: but how can you show you’re serious like me!
Goolsbee: if you want to cut the debt we have to grow the economy
Gregory: that’s not what Tim Geithner said
Goolsbee: yes he did
Gregory: whatever
Gregory: isn’t it a fundamental flaw that this deal doesn’t solve the deficit once and for all?
Goolsbee: you mean like every Republican plan since 1980?
Gregory: don’t we have to raise taxes on the
middle class right now!!
Goolsbee: there’s a lot we can’t afford Greggers
Gregory: when will unemployment go down?
Goolsbee: soonever
Gregory: thanks for coming
[ break ]
Gregory: Mayor what do you think of the tax deal
Bloomberg: hey at least they got something done
Gregory: but it’s not a long-term permanent solution!
Bloomberg: so what?
Gregory: but the debt!! [ screeches ]
Bloomberg: well maybe you should ask your Republican friends about that Fluffers
Gregory: but it seems like we’re not serious about tackling the debt problem
Bloomberg: we’re not
Gregory: so sad
Bloomberg: Obama’s job is to persuade people
to sacrifice
Gregory: do tax cuts stimulate the economy?
Bloomberg: sure - people take the money and spend it
Gregory: but the Bush tax cuts didn’t create any jobs
Bloomberg: are you deaf Greggers - I said rich people spend and invest money
Gregory: Is Obama a fighter or weak?
Bloomberg: well now he’s leading - by making
deals and accommodations
Gregory: I see
Bloomberg: we need to support the President to help the nation succeed
Gregory: how does he deal with Angry Liberals
Bloomberg: tell them to suck it up
Gregory: don’t Americans need to suffer with austerity?
Bloomberg: we need investment!
Gregory: really?
Bloomberg: we need a new great American innovation like the Erie Canal, national railroads, WWII, the Internet or the army of robots roaming
the subways of New York City
Gregory: what was that last one?
Bloomberg: I’ve said too much
Gregory: what must we do now?
Bloomberg: we must give people false confidence in the future - then they will spend wildly
Gregory: give me a tough choice you would make
Bloomberg: let foreign geniuses move to the U.S.
Gregory: sweet
Bloomberg: It’s national suicide to force businesses to only hire Americans
Gregory: are running for President?
Bloomberg: no
Gregory: are you in favor of scrapping political parties?
Bloomberg: they are very annoying
Gregory: you’re running aren’t you?
Bloomberg: We’re creating jobs here in
New York City!
Gregory: If I came to you and got down on my hands and knees and begged you to run - would you?
Bloomberg: no I’m too modest
Gregory: what do you want to do?
Bloomberg: I’d like to be the greatest Mayor of all time
Gregory: you attacked the left and right -
that tickles me in my special place
Bloomberg: thanks Fluffy
Gregory: could you roll Congress better than Obama?
Bloomberg: NYC is rocking and rolling
Gregory: but isn’t that easier said than done?
Bloomberg: Actually Obama is doing it
Gregory: really?
Bloomberg: and he’s creating awesome trade agreements
Gregory: what else should he do?
Bloomberg: Obama needs businessmen who have swept the floor for their employees
Gregory: I can’t say I’ve ever done that
[ break ]
Gregory: Obama brought in Bill Clinton to defend
his tax deal
Guthrie: The Bid Dog was in his element
Clinton: a Mexican Stand-Off ain’t gonna work
Weiner: I'm biased because Clinton married me
Gregory: I see
Weiner: When Bill Clinton compromised it was different because the debt is a problem now
Gregory: will you vote for this?
Weiner: Congress will begin to do our job - with
19 days left in the session
Ford: we got everything we wanted!
Gregory: really!?
Ford: Anthony is so worried about the debt - most of that come from the middle class cuts
Gigot: Obama endorsed Bush’s ideas!
Weiner: I’m not running around with my tail between with my legs!
Gregory: Is Obama?
Weiner: we have the numbers - we don’t have a
weak hand!
Guthrie: Obama is staring at the barrel of a gun
Gregory: wow
Guthrie: why didn’t the Democrats run on raising taxes before November?
Ford: I would like to note that Bush was a big-spending craptacular President
Gregory: let’s raise taxes on everyone!
Gigot: Yes! except the rich!
Gregory: Obama called the left sanctimonious purists
Weiner: Obama is right - if he had fought harder for the public option we would have it -
the people love it!
Ford: excuse me Tony - the public rejected liberals in November
Guthrie: Obama is finally fighting - against the left!
Gregory: Krauthammer says Obama pulled a Kenyan-style swindle
Gigot: Republicans promised to raise the debt and by golly they did it
Weiner: Republicans got what they wanted -
it’s frustrating!
Gigot: because they get to vote too
Weiner: Obama backed away from this fight!
Ford: Anthony the Democrats lost 60 seats -
did you know that?
Gregory: Is Obama a pragmatist?
Guthrie: this is who Obama is - the progressives wanted John Edwards
Gregory: okay then
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