Judd Gregg: “So we have that issue, which is fairly significant. The real goal of a stimulus package should be to create an…”

“So we have that issue, which is fairly significant. The real goal of a stimulus package should be to create an atmosphere where we actually improve the underlying pillars of the economy, and that means we improve productivity, we improve the incentive of people to be productive and go out and create jobs, and that can be done if we need to do this, and that is very much an issue--that can be done through initiatives which are productive, or which are on the productive side of the ledger rather than just on the spending side of the ledger. I know, historically, people have said: Well, inject money into the economy and that will make it move. That was before we got to an international economy, where essentially injecting money into the economy so consumers can spend money basically moves the Chinese economy, not necessarily ours. What makes much more sense is if we are going to inject money into this economy through some sort of Federal initiative, we should do it in a way where we create economic benefit to our economy, by making it more productive and thus creating more jobs and creating more incentive for entrepreneurs. There are a lot of ways to do that. As we proceed down this road to discuss this issue of stimulus, I will continue to discuss that point and get specific on ways we could do that.”