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Open to Debate

Should Congress Pass Obama's Jobs Bill In Pieces?

Open to Debate

Open to Debate

Education, News, Society & Culture

4.62.2K Ratings

🗓️ 21 November 2011

⏱️ 51 minutes

🧾️ Download transcript

Summary

Supporters say if lawmakers do nothing, the U.S. economy may fall into another recession. But critics say the jobs package just recycles policies that have failed in the past. A group of experts argue the merits of the president's proposals in the latest Intelligence Squared U.S. debate. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Transcript

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0:00.0

True or false, Congress should pass Obama's jobs plan piece by piece, that's what we're

0:06.8

here to debate.

0:07.8

Another verbal joust from Intelligent Squared U.S., I'm John Donovan of ABC News, we're

0:12.6

at the Skurball Center for the Performing Arts at New York University.

0:16.0

Two teams will argue that proposition from opposite sides, one for it and one against

0:21.5

it and only one team will win and you, our audience here at the Skurball Center of Pacthouse,

0:26.8

will decide the winner.

0:29.0

Meaning for this motion that Congress should pass the jobs plan piece by piece, a former

0:33.2

economic adviser to President Obama and a professor at Princeton University, Cecilia Rouse.

0:40.2

Her partner is one of the nation's most prominent economic forecasters, chief economist

0:45.3

of Moody's Analytics, Mark Zande.

0:50.3

Putting the not in the proposition, Congress should not pass Obama's jobs plan piece by

0:54.6

piece, this team includes an influential thinker and legal academia, a professor here

0:59.6

at New York University School of Law, Richard Epstein.

1:04.5

And his partner is a libertarian economist who focuses on tax reform and policy.

1:09.6

He's a senior fellow at the Cato Institute, Daniel Mitchell.

1:14.4

Our motion is, Congress should pass Obama's jobs plan piece by piece and here to argue

1:19.6

for that motion, Mark Zande, co-founder of economy.com and the author of the book Financial

1:25.8

Shock.

1:26.8

He is also interesting enough, Mark, I notice that on the White House blog where they are

1:31.2

defending this plan, they cite when they talk about independent points of view, Mark Zande.

1:36.9

Yeah, I must be right then.

...

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