Democrats Call for More Taxes, Spending After Downgrade
Rep. Dennis Kucinich joins the debate
- Duration 4:17
- Date Aug 6, 2011
Rep. Dennis Kucinich joins the debate
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All right forget this whole lot -- situations -- to -- it says we've got a serious jobs problem in this country and if He had his druthers.
He would be spending on now.
A lot more that we are right now to get those jobs -- -- congress and former president -- kind of joins us what would you do congressman trying to.
Well we should be investing in America means the Fed can give money to the -- is created out of nothing do with the banks.
The United States can create money and invested in creating jobs we have to put America that we -- that congress for a holiday -- now have.
No I did hasn't been tried to you know -- been -- -- look at an trillion dollars related -- -- approach.
Only a fraction of that actually went for.
Creating infrastructure jobs and we need to rebuild America's infrastructure we need to invest in America there would be good for business.
We have three trillion dollars you know -- infrastructure needs and -- being met that local and state governments can't pay for.
And we need a new WPA -- I don't understand that congressman -- article does -- -- -- it's I think kind of weight from your consistent beyond that I just always think you're wrong on this and here's why.
We have holes in all of this and fees and states are taxes.
That was supposedly were meant super highway construction bridge construction.
I had and it's it's it it was in supposedly a lock -- for just that purpose then separate federal initiatives we have what better than a dozen.
Over the last ten years earmark pardon me for using that word to help construction of this sort and and it never happened.
And so now we say and other infrastructure program.
I tell you that we needed what we initiated congress and to stop people from coming up and initiatives don't.
Tough path forward initiative to get -- top ten corporations -- pay their taxes.
I mean wouldn't that be nice to stop offshoring jobs to stop to stop these trade agreements that are sending millions of jobs out of this country.
And we also need to rebuild.
You know hindsight that -- non -- is probably -- colleges and -- might -- that's you know you -- for America or another trillion sitting abroad.
They see little impetus given the shenanigans going on in Washington.
-- to -- a long term capital here you're punished if you're borrowing if you want experience who are nonunion.
State like South Carolina so why why it would tell me what is in their interest suits to.
Repatriate that money if they're gonna be penalized tax -- are doing so.
Repatriate I like that where it needs to be a patriot means America first and means respect the country that gave you your birth.
What's happening to America we're seeing these corporations.
They're taking our jobs out of this country where's their loyalty in this country we have -- make we don't make sure they pay their taxes that's -- -- Why today and why they're responsible for its you know it's out of this country and I do you guys I mean they're chasing -- overseas because of regulations -- taxes.
Not across the board but certainly enough to -- they have they've little reason -- it said it.
To stay here believe me they want to bring that money home but they're there -- spank big time if they don't.
Let's go into some facts here and talk about shared responsibility listen to this ExxonMobil nineteen billion in profits in 2009.
Paid no federal income taxes received a 156.
Million rebate Bank of America one point nine billion tax refund from the IRS last year four point four billion.
And processors didn't have an event where president pay taxes it was one of the gonna say that the work very well -- and we're gonna Nevada corporation mail -- come on Dennis you know that this makes salsa corporal you don't know that did that businesses would be happy and in their selfish interests.
To invest in this country do things in this country if they had an environment.
That was hospitable in this country.
And hey can you tell us we were just talking in DC we talk about an atmosphere that was theatrical you and -- readily agreed.
What would make any businessman or woman in that environment in -- Well we had a look.
Phony solution to a fake crisis the Christ who have a demand from a demand right now we've got to get America back to work.
Did the idea of a deficit look.
74 times and alas -- since 1960 to erase a deficit -- on.
And when running around saying the sky is falling suddenly.
This guy started to fall because of all this conjuring -- We have to get America back to work.
We we have to avoid double dip recession and we're headed towards -- lest we get -- unless you focus on jobs we shall see Dennis Kucinich thank you very much -- area.