Janice Schakowsky: “You were talking about how government helps to prime the pump. So government spends money, and it spins out and often…”

“You were talking about how government helps to prime the pump. So government spends money, and it spins out and often becomes commercialized. There are three ways that we can really deal with our economy right now to make it stronger: We can raise revenue, that's raising taxes; we can cut spending; and the third--that's not talked about enough--is the issue of growth in the economy, jobs. Jobs, jobs, jobs. That's what grows the economy. I am so proud that our President, as part of this overall deficit reduction plan, has recommended spending about $50 billion on jobs. They would spend money on infrastructure, infrastructure spending that's supported by both business and labor because it is so important. And it's kind of a no-brainer. If you spend money that will create jobs, you now have people, one, who are not having to get unemployment insurance or food stamps. They are working and can support their families, so we get them off public support. And, two, now they're paying taxes. They're going out and they're buying stuff, and businesses are going to have to hire more people because they're buying holiday presents for their kids. They're buying winter coats now. So there is an economy through growth. That is an underrated portion when we talk about how do we save our economy.…”