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There -- doubts -- my next guest is a senator who says that the president's visit to the betterment portals that stimulus is working in the jobs are indeed coming decades comments notwithstanding.
Michigan democratic senator Debbie Stabenow joins right now senator what did you make of -- Becky do -- story here.
Well -- first let me say that.
The picture from Michigan is very very different and I'm not sure she was -- back contact before the Recovery Act and I am not sure what what.
Exactly -- her situation is -- can tell you.
That we've had nine companies.
That have begun that manufacturing batteries for clean energy energy of the 21 century -- -- the nineteenth century which we've been using.
Getting us off before you know -- so hopefully we'll have.
Last opportunities for things like what we've seen in the gulf.
-- -- we've got nine companies each hiring several hundred people.
And that they are producing.
At batteries for new clean energy.
Automobiles as well as that -- -- -- wind and solar someone and we have had.
And the thousands of jobs that have have -- in the process of being created now as a result of that so little.
We'll let you know what -- like senators again.
I understand but one thing I wonder about his.
Ten the government being -- there's the venue -- would -- get jobs in other words if it's electric cars and these -- -- alternative to fossil fuel powered vehicles are all the rage and they might down the road very well be.
We have seen very little evidence of that and I'm wondering whether or.
All the money in the world and the government it can hand pick the next big thing and what if we pull -- all this money into a technology with a government says this is going to be a big thing.
And it isn't you know do you think of all the big things that have come not -- one not -- one has come via the government.
-- first of all there's a lot of technologies being put forward and and natural gas and electric batteries and a number of different kinds of things but I will say -- the global economy.
Companies are competing with countries now.
Countries like Japan where they find it all the -- indeed.
We're Toyota had to do the batteries which gave them a leg up in terms of putting forward there.
I've read in their electric vehicles because of business and government partnerships so I believe that in the global economy we -- -- -- Partnering that -- -- the jobs come from the private sector but they're now understands that better.
-- -- are you troubled by the did and I know this could happen and then when you throw trillions out of the economy.
You're gonna have some snafus and -- I'm not gonna overly emphasize them but I will say this.
The story aired from decade to win in this in this company executive who got money and then it was really money to newspaper existing -- -- Yeah I've heard this from other votes -- say it's essentially you're getting money when you're robbing Peter to pay Paul you just transferring money around and you're not really creating any new market.
Certainly not -- create any new jobs what are they gonna get it.
Can't blame -- depends on how you look at -- in the economy.
The stimulus for every one dollar put -- has generated three dollars from the private sector and is.
Clean energy you know I had I know them them.
Well we know that from the efforts to advance manufacturing tax credit which I authored in the Recovery Act and is creating jobs back to show you fourteen different companies around Michigan that are creating what as the president looked at the president's own Bob Dylan's.
Well I think right now people are rightly concerned because things aren't moving as fast as we want them to do there's no question about it.
But we he wants -- stimulus he wants more Simmons do you.
Well I want more -- and so what I wanna do is CS partnering for the future when I look at the fact that China is spending.
Million dollars every day to be yes I'm clean energy technology I wanna -- stimulus spending to get these jobs you want the government to spend what I want is more partnerships and business I want to be.
I'm doing what -- this is Allison Martin.
Partisans -- money.
But you want to see well you know we we have to decide where we want to put our dollars and I want -- but it ended job and I wanna put it in the partnering.
With business and -- right now -- in my judgment we will never get out of deficit with over fifteen million people out of work.
So we've got to focus on jobs senator thank you very much -- that mean.
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