American - Public | February 22, 1955 -
Far be it from me to denigrate Senator McCain's advice on vice presidential nominees.
David Axelrod
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Listen, I have a great affection and respect for Joe Biden. I think he's been a great vice president. He's taken on a lot of tough assignments for our administration.
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We are a unified party.
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Our party is - we don't have the problems that the other party has. We're not divided. We don't have to worry about, you know, what people are saying on the side or about their affection for the president or - we don't have those problems and we don't have the reinvention convention.
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I think the average American recognizes that it took years to create the crisis that erupted in 2008 and peaked in January of 2009. And it's going to take some time to work through it.
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I think those autoworkers whose industry would have collapsed if the president hadn't intervened are certainly better off.
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I think that the millions and millions of young Americans, young Americans, who have health care today, who wouldn't have had it if the president hadn't acted are better off.
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I think the millions of people who had been able to renegotiate their mortgages so they are paying lower interest rates are better off.
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We agree with Simpson and Bowles and others who have looked at this. What's necessary is to stabilize the debt and then work from there. You can't balance the budget in the short term because to do that would be to ratchet down the economy.
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