You want to make sure that a lot of this stuff is not getting mixed together, and you want to make sure that it's separated, and you want to make sure that it's up to date. So these investments that a city or a municipality would traditionally have to make go well above and beyond a city like Akron or a city like Youngstown or Cleveland or Detroit or Toledo or Milwaukee--all across the United States. Let's make this investment. You're talking about cities that have very high unemployment rates. Let's get people trained up. We've got many good, solid union training programs out there that would put these people to work, that would get this economy moving, that have state-of- the-art transportation and infrastructure systems in the United States, and that would inject some money into the economy on the demand side. We've been playing the supply side game since 1980: cut taxes for the wealthiest, deregulate Wall Street and every other sector you can deregulate and hope the economy takes off; but that ultimately led to the boom, bust and to the ultimate collapse in 2008. What you're talking about and what I'm talking about is consumer investment, the demand side: get people back to work; get some money in their pockets. They go out and spend it, and the economy hums right along because there are consumers out there.…
On the recordJune 11, 2013
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