We're already seeing some of the negative consequences, and we're going to see it in higher interest rates and a possible dollar crisis, unless we deal with this soon.
David Gergen: “We're already seeing some of the negative consequences, and we're going to see it in higher interest rates and a…”
Editor's note · Context
Gergen warns about the potential economic consequences of rising deficits.
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More from David Gergen
Most economists starting at the Federal Reserve, say that the amount of money in the stimulus package is coming out. It is not enough.
He is a leader there's no question about that. But I think he's a bad leader. I think he's leaving his people into, he's leading the country, especially into a very bad place.
The midterms really helped him. They transformed the race, best midterm elections for any president in 20 years.
Again, both sides are having an eye on the clock. In the Democrats' case, they really want to keep things speed up as much as they can, probably as they can because they know in November, they may lose the House of Representatives and the…





