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President Obama insists the wealthy are not paying their fair share but house speaker John Boehner says.
The president is simply pushing class warfare and -- the speaker -- The top 1% pay 38%.
Of the income taxes in America.
Now how much more they want to five table let's take although -- the -- richer all of it.
It won't even put a dent in our current budget deficit much less our debt and that's if you were to tax all the 1%.
At a 100%.
Meanwhile Fox News contributor and former South Carolina governor Mark Sanford joins us live from Charleston -- -- governor.
Good morning to you.
What do you think of the the speaker's comment that the president needs to lay off the class warfare thing because it is not helpful to pick one.
Class of Americans -- one group of Americans against another.
Well I think John's right but I think it's sort of the -- this game of the book in the world of politics and so I suspect you'll see this.
Tim played out between here and the elections.
Do -- saying I think it was senator from Arkansas don't tax me don't tax you text the other fellow around the tree.
Everybody wants -- for a real boogie man in the world taxes tax that other guy he can take care of it but days John correctly point out the numbers just aren't there.
That's -- numbers did it seems to me.
-- siren call you were the first governor in the United States America when you headed up South Carolina to say Dave Washington DC.
Have we don't want your stimulus money.
Why was that.
Well because that fundamentally believe -- and I still believe that even with this good jobs bill is coming down the hiker that Obama would like to see come down the -- Is -- you can't solve a problem that was created by too much debt with yet more debt.
And and and fundamentally.
We continue to offer the wrong prescription.
For -- both the debt problem and and and America's economy and so.
You know we've been.
Again -- country -- barking up the wrong tree for a long time that you can go back you know Keynes talked about.
This is a way to solve economic problems and if there's anything that has been proven.
With the whole round of stimulus is that we've seen is it that doesn't work today you know there's the -- approach would be you know monitor -- -- -- flood the place with money.
That didn't work I think you need to go back to what Irving Fisher of Fisher talked about the 1930s.
Who -- on -- talked about which is.
It the end of the -- many cases of you know.
Economic problems -- -- but in fact too much debt and the only way to solve -- is by getting rid of debt not adding more so I think that was the case and I still think that's the case today.
Absolutely and you and you know what governor when you look at the polls.
There are a lot of people out there who are very concerned about taxes and very concerned about debt and currently -- with some like three quarters of the country says.
The country's off track.
Look at this according to this so ABC news Washington Post poll 74%.
Say the country is on the wrong track.
It is hidden in the right direction I'm surprised 3% have no opinion because everywhere I go it seems like everybody.
An opinion on that one.
That they do and with good reason I mean.
I think it was James Carville about twenty years ago that that it's the economy stupid -- you know -- in a presidential race where event win.
And you know it is economy so I think to some degree what you're seeing reflected people's unrest with their own pocket -- -- what's happening on that front.
Sure but I think it's much much deeper than that I think in this goes -- the Tea Party phenomenon.
People are genuinely concerned about the two cornerstones of the American dream one has -- opportunity in my kids are gonna do better than I -- like doing kids can do better -- that.
And the other is equality and people look at these stimulus packages for instance -- saying wait -- -- My cousins pizza shop when they went out of business they didn't get a package.
What -- these you know all the folks on Wall Street or other places around the country -- getting big you know bail out so.
I think there's some unrest -- that things even well beyond the economy itself.
You know something that is going on out Entebbe airport in the town you were sitting there is a Boeing has got a great big brand new -- they wanna build the dreamliner there.
But extraordinarily the federal government.
The national labor.
National Labor Relations Board has said no you can't do that because it says retribution for a strike that happened up in Washington State.
There are thousands of south Carolinians who could wind up -- jobs and it's hanging in the balance right now.
What's the latest.
The latest is that.
You know I think it's a case of Obama you know basically governing left by appointees and sort of look at -- away.
And I think that.
This thing is gonna get thrown out in the appeals court and federal levels should -- go there.
The factories built ready to go you got whole -- you know somebody from the opposite coast of America saying you know if if they don't unionize.
They need to shut the plant down where it.
That goes against 200 years of tradition in America where business could actually figure out what makes the most sense for them and what they decided was.
They wanted to have fuel source in terms of production that dual source could have been China -- it could have been Indonesians have been made it South Carolina.
That decision ought to be applauded rather than that condemned -- NLRB has done.
And it's created a great degree of consternation down here a couple bills from South Carolina folks.
We'll see where they go but I think the reality is it is a case of governing left without fingerprints on by the admitted the Obama administration.
It's a real mistake and you know.
South Carolina he's the right to work state shouldn't seem to have their nose in it but they do.
Anyway I governor Mark Sanford we thank you so much it's great to have -- as part of the Fox News Channel.
Think it's our pleasure thanks for.
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