The cold harsh reality is that we have to balance the budget.
Explore more quotes
You know, if you look back in the 1930s, the money went to infrastructure. The bridges, the municipal buildings, the roads, those were all built with stimulus money spent on infrastructure. This stimulus bill has fundamentally gone, started out with a $500 rebate check, remember. That went to buy flat-screen TVs made in China.
Well, you have the public not wanting any new spending, you have the Republicans not wanting any new taxes, you have the Democrats not wanting any new spending cuts, you have the markets not wanting any new borrowing, and you have the economists wanting all of the above. And that leads to paralysis.
And if I were the president, I'd go out there and I'd emphasize the things I have done, and I'd say, 'Some things haven't worked, and I'm sorry about that, but I keep trying.' And I'm - and I think the president is a very viable candidate, and you're going to have a real horse race here no matter who the Republican nominee is.