Posted by
Defend America on Monday, February 01, 2010 4:15:33 PM
Clyburn: 'We've got to spend our way out of this recession'
By Michael O'Brien
-
02/01/10 12:56 PM ET
The U.S. government must spend its way out of the recession, the Democrats' third-ranking House leader stressed Monday.
Rep.
James Clyburn (D-S.C.), the House majority whip, said that trying to
find greater savings in the budget, which was released by President
Barack Obama this morning, wouldn't help alleviate the recession.
"We've got to make some decisions here as to what's in the best interests of our country going forward," Clyburn said
during an appearance on Fox News.
"And I think the best interest is to invest in education, control these
deficits, while at the same time trying to get people back to work."
"We're not going to save our way out of this recession," the majority
whip added. "We've got to spend our way out of this recession, and I
think most economists know that."
http://thehill.com/blogs/blog-briefing-room/news/79039-clyburn-weve-got-to-spend-our-way-out-of-this-recession