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Horrible consumer spending up -- that helped stocks mortgages ticked up but is the president's pick to lead his economic team.
-- -- will not both backed down especially when people get a better idea of Alan -- to it is.
I once propose that you pay an extra 5% tax when you buy stuff at the store.
Sort of like Kate of the total value added tax but without swapping it out Freddie advertised.
-- morality says that our world economy would pay the price of talent ever got his way.
But you know I'm one -- -- need it it's all of a sudden.
Obviously by picking in the administration is sending a signal you can be a phantom.
I think this is business as usual and the American people shouldn't think any different than that remember all the excitement behind bill -- -- -- people -- that He would be someone that could help Obama being more business friendly when a fact that is not what happened we have so many regulations on businesses today.
The banking industry Dodd-Frank.
The EPA even had Jamie diamond the CEO of JPMorgan Chase questioning.
What's with all these regulations -- you're killing jobs these regulations are killing Johnson's killing -- economy.
We always -- a great deal of importance to movies you know missiles when it come from -- -- credit river has a great you know economic pedigree background He was chief of fronts the Labor Department and Bill Clinton's stewardship.
But I'm -- and He moved in the.
You know I.
I don't know about that because that -- look at what He has done heat that He did a study that concluded.
That if you for unemployment would not go down.
A file you implement if you raise minimal wage excuse me I'm a bit when knocked her down if you raise minimum wage -- a government mandate businesses can't afford.
Higher prices that they can't raise their prices to pay these people -- So that's it that's a misnomer the other thing is that He did a study that concluded that if you remove tax incentives from the oil industry.
That production would not go down production output -- -- down.
Will know when you -- more you get -- summit.
So this is what we're looking -- now.
Well He might have more sympathetic.
Here in this administration now because -- auto industry's mega money -- a protest.
They don't need the relative chump change of these oil subsidies.
For one reason -- other.
But but I take it seriously about what you make of of this it's Mexico's a lot of Republicans are fans of it.
Lot of conservatives -- fans and it just not as -- -- and as a as a swap I don't know it's removed the income tax replace it with a -- -- -- that He does not appear to be saying that it would be just an added revenue.
-- at least from my understanding of his work but when you.
Add more taxes or anything people are going to spend less money we're already would you open I'll swap that take on the floor flat tax -- that's where -- was this you know of that tax.
That's it's a regressive tax you're going to harm those who cannot afford to pay more Warren Buffett can afford to pay more.
You know -- with -- bat but the people who are -- are unemployed.
Or are or -- important.
Household -- or fixed income household we can't afford it already have high food prices high energy -- This compounds -- I don't think it's an immediate issue for an Woodward.
And it went well but the president's how to make his big announcement on jobs.
After Labor Day what do you expect what do you.
Movie tickets and -- he's very late to the game with that and I think what He should do is implement regulatory reforms.
If you look at what the EPA used knowing how they're like five new regulations that are going to cause job losses and higher energy prices.
That's where his focus should be and that is something that He could do now He doesn't need congress to do that you know -- you.
That's what I would like to see happen and that's what you know the American people really paid attention to this stuff so.
It that this important for economy and for the growth of our country to to do away with these regulations.
Are -- latency spokesman's -- as a.
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