Sen. Reed: Chancellor Merkel’s reluctance to clear stimulus is ‘eroding;’ ‘austerity is not working in Europe’

CNN’s Soledad O’Brien asks Senator Jack Reed (D-RI) about global economic growth/policy and its impact on the U.S. economy and upcoming presidential election.

Sen. Reed says, “And I don’t think [Merkel’s] quite ready as she’s indicated in statements to clear a huge fiscal stimulus. But her reluctance I think is eroding. It has to. The austerity is not working in Europe.”

Starting Point with Soledad O’Brien airs weekday mornings from 7-9am ET on CNN.