MSNBC

MSNBC 9 Feb 2020

Velshi: The Trillion Little Pieces That'll Be Left Behind To Future Generations

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MSNBC's Ali Velshi discusses debt and the "trillion little pieces" that'll be left behind to future generations after the Trump administration.


EU Commissioner for Internal Market, Thierry Breton says "not one single country was fully prepared for this kind of crisis, but the EU is now getting a battle plan in place.…
Little League president Steve Keener joins SportsCenter to discuss the 2020 Little League World Series being canceled due to the pandemic.


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The NFL released their 2020 schedule on Thursday. Colin Cowherd reacts to week 2 of the schedule. Cowherd says the Seahawks are the best team in the league.
Mary Bousted, Joint General Secretary of the National Education Union, says she believes it is "too soon" for children to return to school.

She also told Sophy Ridge that "the government simply did not given enough time to plan" schools reopening, adding that guidelines have changed 41 times since May 12.

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WILL BE LEFT BEHIND TO >>> I’VE BEEN LISTENING
>>> I’VE BEEN LISTENING CAREFULLY TO DONALD TRUMP’S
CAREFULLY TO DONALD TRUMP’S CONSTANT AND FAILED ECONOMIC
CONSTANT AND FAILED ECONOMIC PALLERACYOLICYIES OF THE PREVIOU
PALLERACYOLICYIES OF THE PREVIOU ADMINISTRATION.
ADMINISTRATION. HIS CONSTANT CROWING OF THE LOW
HIS CONSTANT CROWING OF THE LOW UNEMPLOYMENT RATE AND THE
UNEMPLOYMENT RATE AND THE 225,000 NET NEW JOBS CREATED IN
225,000 NET NEW JOBS CREATED IN JANUARY THAT DESPITE ARE, IN
JANUARY THAT DESPITE ARE, IN FACT, A CONTINUATION OF OBAMA
FACT, A CONTINUATION OF OBAMA POLICIES.
POLICIES. WE ALSO HEAR A LOT ABOUT THIS.
WE ALSO HEAR A LOT ABOUT THIS. A DOW WITHIN REACH OF 30,000,
A DOW WITHIN REACH OF 30,000, ALTHOUGH THAT’S LESS ABOUT
ALTHOUGH THAT’S LESS ABOUT COMPANY PERFORMANCE OR ECONOMIC
COMPANY PERFORMANCE OR ECONOMIC GROWTH AND MORE ABOUT THE
GROWTH AND MORE ABOUT THE PRESSURE THAT TRUMP PUT ON HIS
PRESSURE THAT TRUMP PUT ON HIS HAND-PICKED FED CHAIR TO LOWER
HAND-PICKED FED CHAIR TO LOWER INTEREST RATES MAKING
INTEREST RATES MAKING INVESTMENTS IN THE STOCK MARKET
INVESTMENTS IN THE STOCK MARKET MORE ATTRACTIVE AND INCREASING
MORE ATTRACTIVE AND INCREASING SHARE PRICES.
SHARE PRICES. AND YOU’LL HEAR ABOUT HIS TAX
AND YOU’LL HEAR ABOUT HIS TAX CUTS WHICH HE PROMISED WOULD
CUTS WHICH HE PROMISED WOULD HAVE A TRICKLE DOWN EFFECT ON
HAVE A TRICKLE DOWN EFFECT ON THE NEEDIEST OF AMERICANS, EVEN
THE NEEDIEST OF AMERICANS, EVEN THOUGH TRICKLE DOWN ECONOMICS
THOUGH TRICKLE DOWN ECONOMICS HAS BEEN DEBUNKED.
HAS BEEN DEBUNKED. HERE IS ONE PLACE, THOUGH, THAT
HERE IS ONE PLACE, THOUGH, THAT DONALD TRUMP HAS DONE BETTER
DONALD TRUMP HAS DONE BETTER THAN OBAMA.
THAN OBAMA. IN INCREASING THE NATIONAL DEBT.
IN INCREASING THE NATIONAL DEBT. WHEN WAS THE LAST TIME YOU HEARD
WHEN WAS THE LAST TIME YOU HEARD TRUMP TALK ABOUT THE NEARLY $1
TRUMP TALK ABOUT THE NEARLY $1 TRILLION NATIONAL DEFICIT?
TRILLION NATIONAL DEFICIT? THIS ISN’T THE DEBT, BY THE WAY,
THIS ISN’T THE DEBT, BY THE WAY, JUST THE CURRENT SHORTFALL
JUST THE CURRENT SHORTFALL BETWEEN WHAT THE GOVERNMENT
BETWEEN WHAT THE GOVERNMENT SPENDS AND WHAT IT TAKES IN.
SPENDS AND WHAT IT TAKES IN. THIS IS BECAUSE THE GOVERNMENT
THIS IS BECAUSE THE GOVERNMENT SINCE CUTTING TAXES IS TAKING IN
SINCE CUTTING TAXES IS TAKING IN FEWER TAX DOLLARS.
FEWER TAX DOLLARS. AS FOR THE DEBT ITSELF, THAT IS
AS FOR THE DEBT ITSELF, THAT IS THE NET ACCUMULATION OF ALL THE
THE NET ACCUMULATION OF ALL THE ANNUAL DEFICITS, IT IS $23
ANNUAL DEFICITS, IT IS $23 TRILLION.
TRILLION. THAT’S A NUMBER YOU SURELY WON’T
THAT’S A NUMBER YOU SURELY WON’T HEAR FROM DONALD TRUMP.
HEAR FROM DONALD TRUMP. A NUMBER NOBODY ACTUALLY WANTS
A NUMBER NOBODY ACTUALLY WANTS TO TALK ABOUT.
TO TALK ABOUT. THREE YEARS INTO THE TRUMP
THREE YEARS INTO THE TRUMP PRESIDENCY AND REPUBLICANS TO
PRESIDENCY AND REPUBLICANS TO THE PRESIDENT’S WHIMS FORSAKING
THE PRESIDENT’S WHIMS FORSAKING THEIR PRINCIPALS AS DEFICIT
THEIR PRINCIPALS AS DEFICIT HAWKS AND THE PARTY OF DEBT
HAWKS AND THE PARTY OF DEBT REDUCTION AND THE PARTY THAT
REDUCTION AND THE PARTY THAT SHUT DOWN THE GOVERNMENT OVER
SHUT DOWN THE GOVERNMENT OVER THE ISSUE HAS NOW GONE SILENT.
THE ISSUE HAS NOW GONE SILENT. BUT INCREASING THE DEFICIT AND
BUT INCREASING THE DEFICIT AND THE DEBT MEANS SPENDING CUTS
THE DEBT MEANS SPENDING CUTS HAVE TO COME EVENTUALLY.
HAVE TO COME EVENTUALLY. AND WHO DOES THAT HURT?
AND WHO DOES THAT HURT? THE POOR.
THE POOR. THERE ARE REASONS TO GO INTO
THERE ARE REASONS TO GO INTO DEBT, BY THE WAY, TO GET OUT OF
DEBT, BY THE WAY, TO GET OUT OF A RECESSION, TO TAKE ADVANTAGE
A RECESSION, TO TAKE ADVANTAGE OF LOW INTEREST RATES AND BUILD
OF LOW INTEREST RATES AND BUILD INFRASTRUCTURE AND PROVIDE FOR
INFRASTRUCTURE AND PROVIDE FOR SOCIAL PROGRAMS.
SOCIAL PROGRAMS. BUT OVER THE LAST 20 YEARS THE
BUT OVER THE LAST 20 YEARS THE TIMES WE INCREASED THE DEBT AND
TIMES WE INCREASED THE DEBT AND THE DEFICIT THE MOST HAS BEEN
THE DEFICIT THE MOST HAS BEEN WHEN REPUBLICANS HAVE BEEN IN
WHEN REPUBLICANS HAVE BEEN IN POWER TO RUN WARS AND TO GIVE
POWER TO RUN WARS AND TO GIVE TAX CUTS TO CORP RAPGZS SORATION
TAX CUTS TO CORP RAPGZS SORATION WEALTHY.
WEALTHY. IN FAIRNESS, OFTEN IGNORED THE
IN FAIRNESS, OFTEN IGNORED THE SWELLING DEBT BUT AS ENTITLEMENT
SWELLING DEBT BUT AS ENTITLEMENT PROGRAMS AND THINGS LIKE SNAP
PROGRAMS AND THINGS LIKE SNAP GET CUT, IT IS TIME TO SOUND THE
GET CUT, IT IS TIME TO SOUND THE ALARM ON OUR DEBT CRISIS TO MAKE
ALARM ON OUR DEBT CRISIS TO MAKE SURE THE LEAST AMONG US ARE NOT
SURE THE LEAST AMONG US ARE NOT SUBSIDIZING TAX CUTS FOR THOSE

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