You're watching...

Rev. Jesse Jackson on Government Spending

Details

  • Description

    Rainbow Push Coalition founder Rev. Jesse Jackson on why government investment in infrastructure will help boost the economy and job growth.

  • Duration 7:20
  • Date

Clips

Also in this playlist...

Editor's Picks

Auto-advance: ON

Auto-advance

Transcript

This transcript is automatically generated

Democrats mustered up a spending bush said the reverend Jesse Jackson says is a mosque it's because he says this is no time to start cutting revenue -- Who do you call you on good -- but I got to tell I'm worried about.

This new looked at it we have to spend more.

When we look at it better than fifteen trillion dollars in total debt and climbing fast what do make of.

Members use the word invest through on this brand -- -- -- -- gonna.

Could you aware you really growing around that we engage invest in.

Mass -- it.

We make -- -- later real real train connect people will the jobs law.

And -- -- building have foreseen the tip humans are called the Billy a third ample which -- mean more economic growth and jobs so you can not.

Could you you must integrity -- out.

Yet but we're not -- -- out right I mean whatever growth we're seeing has been reversed a blatant some of the numbers GDP growth is flat at best job growth is slowing -- this is after.

Better than one and a half trillion dollars if you include all the stimulus and all the rescue us is that -- we have to show more -- and why would you wanna double what.

Well look there -- we will -- -- on the thousand jobs a moth three years ago.

And this zimbalist.

Perhaps should've been bigger I think but it's -- -- hemorrhaging of jobs that -- is up one ago with one and drastically down.

But those that don't lay and the all the more than we have true we invest in the all the all the ministry of National -- on the again and we are in back giving out my on the back.

Literally -- -- -- -- in the auto industry reverent we we essentially had a taxpayer funded.

Bankruptcy plan where they could -- plants -- off workers still all the things that they could have done without the taxpayers -- that.

But what about the government backing it and guaranteeing it just could not have happened all of the banks -- over the break.

We've bailed the banks out the problem and -- of banks out but not only delivered another reinvestment -- -- -- them housing continued.

There is -- private -- Stimulus.

Odd jobs plan the number of -- those Obama's they're -- renewed commitment.

For infrastructure.

The roads and Al -- and trains that fact to Begin the bill become the bottom up again.

Do you really believe that -- you really believe I mean it really do you really I mean when when when the only look at the government's track record on these type of big initiatives.

I don't believe that's you rears its spotty at best so I'm beginning to wonder if the American people would more of their money would be better off than the government would more of their money.

You do you know O'Hara airport is a driving engine of Chicago's economy and not even the -- The driving engine of Atlanta is -- -- -- even downtown Atlanta so Al ports matter that tip the Miller third -- would Chicago.

It math doesn't mean people who live on the fought south side of paying more attacks on that service of the people who live of them also -- -- have an economic engine on the.

Okay yeah sir I don't know what's gonna cigar resolves authority your expertise on that but I will say this woman reported that might point out there's no doubt about the bill of the bill -- weekend should be billing.

Brass rail will we make steel.

Later ray will be somehow I don't know it sounds good on Paper is yet to -- -- reality mine -- -- is this reverend.

That would you know Europe is imploding because.

Voters there are rejecting even -- leaders trying to see old -- the growth rate.

Of their entitlements.

That -- in Greece they want to raise the retirement age to 54.

The people balk at protesters are now planning major rallies that if we are pulling that austerity and -- -- as voters aren't just did.

In France it seems to me like the world is collectively lost -- sort of spending resolve and now you're saying keeps.

You.

Will lower the mood changes and more prominent globally as a -- losing more house notes.

-- -- about car less able to invest less able to grow and so.

We never got an argument here say that your government is better -- housing -- we've had six mortgage reward programs.

And housing is is abysmal as it was before we started it.

In the go to one my mom and how -- and we just have mass and homeless in that they role to play.

In the housing boom well I that I don't -- -- -- housing reverend and -- and and things are worse open than before it got even these deep into this.

Even the profits that the housing both -- reply government infrastructure of roads and schools and lines in the life.

And so I think it must be some public.

Private partnership that we need the government has made the biggest pro window of the banks that they are now wash and capitol.

But no -- -- to reinvest.

Ought all of album -- home Alabama lots in the draw.

Bought it we invited the government.

And the bank combined the reconstruct torn up 5000 homes of people would give it back -- were building houses I reconstructing them remove him -- put them.

-- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- This is a bipartisan read on my part.

Tonight begins hello this is don't know how great it is that -- -- -- and here's the thing you talk about strategically investing we have no money to do that we don't have -- What.

The route to real that this is -- -- -- there will display in this area.

Musab investing in blues what do we spent three -- -- in Iraq.

Although the wrong target welcome the -- celebrity -- -- at the red white I don't know where it's.

88 trillion dollars.

A while but every state budget deficit but between the -- about ten this year have taxes and all show all tax -- has.

Do you know what us and I think that's where I know you don't like though well that's fine.

You argue that the fact that the top 1% -- more than 35% attacks it's not a whole debate more.

But what difference you don't like he could tax about a 100% elaborate -- and it wouldn't you wouldn't get this data to patrol.

A lot number -- -- -- all should tax shield those is not fair.

I'll let member a Muslim make it more and paying less to make him what laying off more workers are not fret they're mega we'll because -- government subtler.

There are not handling the ventilation it's city that's making 250 grabbing you're better -- all -- shelters this was back into its I think they would tell.

It's not.

But so we need a strong middle class but it but -- but the government subsidy.

And infrastructure we knew that the delighted with wings all -- it doesn't.

Philadelphia new York and Boston did the Acela train that's good -- business is a -- there's a looks for Iraq.

And you that you devastating to that what did you call when Saint Louis.

By as it were that -- them between Milwaukee and Chicago we need to dig him without them the mass transit route 200 million.

I don't know -- -- would you give it reverend W way to deal want to see -- -- for all of those bucks.

Well it's just not a meat and this is Kate in the same gets stocks but inevitably do usually -- years and that's and we got no -- and a lot fewer bucks.

-- that maybe 3000000000003.

Million solved if we can't get too because you'll well but he -- all the private car.

And the you cannot all the -- trying to get public press they should UK to the what jobs are.

We need to commit the master of its environmentally sound and economically feasible is -- good stuff.

All right well reverend you view and I disagree but you're never disagreeable oil supplies are under.