EFTA01813268.pdf
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To: Pritzker, Tom(
From: Jeevacation
Sent: Thur 5/6/2010 7:34:23 PM
Subject: Re:
Yes
Sent from my iPhonc
On May 6, 2010, at 3:30 PM, "Pritzker, Tom" > wrote:
tried calling you.
what da f is going on
Was at a Business Council meeting on Tuesday. We got an hour with
each of Obama, Geitner, Bernanke and Summers (n.b. they all came to
the Park Hyatt). Excuse Obama cause he could only read from
teleprompters with no Q&A. The other three all said basically the same
thing:
1. Budget deficit is running 5-7% of GDP that is unsustainable;
2. Need to get it down to 2-3% in order to be sustainable;
3. Only way to get there will have to include cutting entitlements;
4. We don't have the political will to cut entitlements.
Ahh yes, I love the smell of napalm in the morning.
You around for a call this weekend ?
tjp
EFTA_R1_00183693
EFTA01813268
ℹ️ Document Details
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aaf0c702ff3fafbab26b57fe4663fa5a80824c468b973c28bc851107dd4b07b5
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EFTA01813268
Dataset
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document
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1
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