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TownHall.com Political Editor Guy Benson, Democratic Strategist Mary Anne Marsh and Penn Financial CEO Matt McCall on a survey showing that only 36% o...
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The Willis report -- we're talking about all kinds of things but especially the economy right now.
Take a look at this a new survey showing only 36% of CEOs are planning on hiring over the next six months.
What do you think -- this Marion -- -- on our panel she's a democratic strategist -- Benson is with town hall dot com.
-- calls with -- financial.
-- let's -- -- you first.
A lot of people out there and they don't wanna hire what do you think.
I'm surprise -- 36% at W closer to 20% died -- -- higher next six months because.
They know what's happening next six months filing the -- -- -- friends about presidential elections we've had in.
And a live very long time.
We have actually getting that comes at the end of the year we don't know what's gonna happen with that there's Obama -- get repealed -- so many major major events -- gonna take place next six months.
As a CEO people realize when you're hiring one new employee this -- is a -- -- an employee -- a cost of health care benefits -- of training it's a very expensive to bring somebody on so most seals will send their hands until they figure out.
Where the economy's going where this clinical stage is going to.
I I didn't you know it's interesting I think about this is that.
The president really can't afford the recovery to be put on hold for another six months because everybody's afraid of let's get back happened so -- are two sides.
Today's out of course but Matt nails it again and the key word here is uncertainty.
If you're CEO and you do not know what's going to hate you tomorrow let alone six months from now why would you hire some I'm of course everyone here.
Wants people to go out higher because there -- so many millions of Americans who were struggling and suffering but until you have an ideal.
What your tax rates going to be and what your obligations for employees health benefit is going to be.
I mean it would be in some ways irrational to go out and -- go way out.
On a limb here and that's why I think you're seeing a lot of that reluctance as as sad and tragic as it is.
Yeah the you know -- interesting solution offered by Todd Buchholz you guys know -- we have -- a lot of former White House.
Economic advisor he -- what is things that you do may -- -- help fix things that the government could issue fifty -- hundred year bonds.
Look locking in these low rates we have now so that the government's debt wouldn't grow so fast.
Very when he said.
They're popular in France Austria and Goldman Sachs how can that be a good idea I understand.
How paying anything -- or fifty or hundred years.
Makes any sense whatsoever so why would you do about it it -- we are already have enough debt as it is if -- get things going and really cycle these things through the way they are now shorter terms less that I don't care how low -- interest rate is -- paid over fifty your hundred years you're gonna end up paying more.
I know Atlantis -- -- because if the government's gonna continue to spend which they did they made any changes that are going to spend OK we need we need money we're going to borrow money.
Bar Whitney now interest rates are not gonna -- this level in five years happening tripled this and you know what.
I think I'm the Jews who write my their loan the US government doesn't this amount of money that low interest rates for -- a whole point isn't this entire debate academic at some point because we have to stop the spending we have to bring it under control we have to lower the debt and we have absolutely no leadership about how to do that from the Democrats are they I think.
Mary and I would would agree on -- disagree on others but -- a budget from senate Democrats -- of what that does something to the debt.
Other than -- you know Iowa I don't I actually I actually agree -- you and that and I said that on a different program earlier today I act I am disappointed by that is that however.
That's not the aliens -- -- to -- tax cuts either you have to invest you have to cut spending.
And you have to do all of it and the problem is Republicans only want to cut taxes.
Democrats wanna do some spending some investment we have -- -- models -- integrate -- -- is -- -- -- look at you have to do all of it.
We will solve this Wednesday night but I want to tell you about this -- Agriculture Secretary Tom Vilsack kicking off the national homeownership month and reminding.
Will residents of the opportunities his outfit offers them.
Hello people isn't this how we got in trouble in the first place the government being involved in homeownership but that it.
Well I would disagree it is because it is Wednesday but I I enough.
I think there's a lot of buying opportunities in rural areas right now actually -- been -- in light of the government have to be involved and why are they spinning your taxpayer money.
On a promotion campaign for homeownership because interest.
Mortgage rates are also historic lows if you have money you can afford the Bible and her home in these rural areas right now it's a great investment.
If you look at it as somewhere you know live not just you know it's a -- your home.
I'm not gonna slam what he's saying one way or the other since you're gonna talk about food stamps later -- -- remind you Tom Vilsack the guy who said food stamps are great stimulus and said we're turning the corner on the economy this week.
Our I had advice.
Well there is that there are itself -- -- quick reaction not what you think about the Federal Reserve or whether it's going to be.
Instrumental inducing the economy and the next six months I'm -- I'll start with him.
Bad news economy needs -- good news the federal do it good for them aren't -- Actually Fed's ended QE3 they meet again in six weeks Bernanke said today -- the doors open.
I think we've been doing this for far too long it's not gonna have a major impact before the election.
Aren't we disagree thanks Mary and guy and that appreciate your time.
