This veto threat, he has got the high cards here. The Democrats are not going to let the financial community collapse at this point.
David Gergen
The Public Record
David Gergen was an American political commentator and advisor who served in the administrations of four U.S. presidents, providing insights and guidance on various political matters. Born on May 9, 1942, in Massachusetts, Gergen held significant roles in both Republican and Democratic administrations, showcasing his ability to navigate the political landscape across party lines. He was also a professor of public service at Harvard University, where he influenced a new generation of leaders. In addition to his academic work, Gergen was a senior political analyst for CNN, contributing to public discourse on current events until his passing on July 10, 2025.
Underneath this comedy, this sort of -- this period of good feelings between the two, there are going to be sharp departures under the Obama administration from what the Bush administration was doing.
Underneath this comity, this period of good feelings between the two, there are going to be sharp departures under the Obama administration from what the Bush administration was doing.
President-elect Obama saying today that he's basically growing impatient over political posturing by members of Congress about the stimulus plan.
we support you, we want a stimulus package, but we want to be at the table, and we want a voice in this.
I think that the -- they were a little surprised in the Obama camp that people in the Congress said they would get this done by January 20.
I think it's laughable. And the -- what's most interesting and what's most important to see in this impeachment that has come forward now is it came out of committee unanimously.
Listen, I think everybody -- all the economists agree that only the government can now do this, that the Federal Reserve has exhausted its remedies.
The casualty out of all of this really may be his other plans. I don't know where -- when he gets this done, as I think he will, how does he then pay for health care reform long-term?
The issue here is not whether we can stop a recession. The issue is whether we can stop a recession from going much deeper and much longer.
Listen, I think everybody, all the economists agree that only the government can now do this. That the Federal Reserve has exhausted its remedies, it can't do very much, it's always working, but it can't lower interest rates very much when…





