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Party Chairs Spar Over Economy, 2012 Race

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    Reince Priebus, Debbie Wasserman Schultz on 'Fox News Sunday'

  • Duration 13:36
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With a battle for the Republican and Republican nomination started to take shape -- wanna take a look at what lies ahead in the general election.

Joining us to preview of that race of the heads of the two parties from a seed Wisconsin Republican national party chair -- sprayed us.

And here in New Hampshire Democratic Party chairman congresswoman Debbie Wasserman Schultz and welcome to both of you thank you.

Chairman pretty big -- and some good.

News for the nation on Friday 200000.

Jobs created in the last month the unemployment right.

Down to eight point 5% the lowest in almost three years but Wallace good news for the country.

Isn't it taking -- way your strongest argument to replace Barack Obama.

Well not at -- Chris I mean obviously.

A and a half percent is unacceptable not clearly going -- ticking down 110 of 1%.

It's better than being at eight point 6% but look I'm I'm talking your former seen Wisconsin and what people feel out here and -- -- -- Kenosha.

Is that we're losing manufacturing jobs and people don't feel better off today than they were three or four years ago so.

-- -- serpent if it is an F minus two and half.

Is good news now certainly it's better.

But.

This president has failed in his major promises when it comes to jobs the economy the debt the deficit.

And look.

Nancy Pelosi and Debbie Wasserman Schultz herself in 2006.

They were bashing George Bush over four point 6%.

Unemployment.

So what.

This is a great country.

We can do better than this and our candidate is gonna make the case to the American people that it all right percent eight point six isn't good enough for the greatest.

All right let me bring him he let me -- congresswoman.

Wasserman Schultz yes the numbers are better.

200000 jobs created eight point 5%.

But thirteen million Americans are still out of work.

And the fact is that no president has been reelected with the unemployment over.

Seven point 2% since FDR back in the 1930s.

So better he asked not good.

Well it is certainly not not get the where we want to be and it's important to look at where we were when President Obama took office when he did inherit an economy.

That and the larger set of problems but any president since FDR.

And was it in a situation where we were bleeding 750000.

Jobs a month when he took office.

Now three years later we've had 22 straight months of job growth in the private sector.

You know rights.

It's that it's amusing and disappointing actually that that he seems disappointed in the progress that we've been able to make but.

We've had 22 straight months of job growth we've had that -- as you said.

Almost three million jobs created in the private sector 200000 alone and just last month the -- manufacturing.

Let me just correct what -- -- said.

We've actually had the largest growth in -- and the manufacturing sector that we've had since 1997 our.

I don't but don't let me pick up we're -- -- got -- -- way -- -- that -- -- I thought I was gonna my traffic cop I'm gonna do that congresswoman.

President Obama was interviewed in -- 2009.

About a month after it took office of when he was pushing his 800.

Billion dollar stimulus.

Here's what he set about fixing the economy take a look.

If I don't have this done in three years.

Then there's going to be a one term proposition.

Congresswoman that the president has clearly.

Failed to meet that.

Well I think the president certainly has been -- should be credited for pushing hard fighting to get the economy turned around fighting to create jobs.

Without any help from the Republicans at all and ended -- Republican congress but you would agree -- -- have gotten it done in three years.

Well at that he inherited a huge set of problems that wants and it's very clear that that's what he said get it done in three years well I I understand but the -- there I certainly think that he deserves credit he should give himself some credit and that and -- For -- beginning to get the economy turned around for bringing us as far as he has.

What we've gone from.

And unemployment rate that was that was over 11% to one point now it's below nine and -- we are beginning -- to move in the right direction but but -- -- -- as quickly saying it was seven point 8% when he took office well but he had inherited at a huge set of problems with an economy that was at the precipice of disaster thanks to Republican positive member George W.

Bush.

Presided over.

The with some records that turning of a record surplus into a record deficit a financial disaster because no one was minding the store.

Almost no regulation -- that was appropriate over the financial services industry now we have Wall Street reform.

That made store that consumers have protection -- -- the banks can't be too big to fail -- we've begun to get.

I I I am gonna get it Obama deserves and it -- and I don't deserves credit -- it does.

I had yet.

Well let me let me respond first of all that the president is gonna be held accountable to the standards in the promises that the president.

Made himself -- -- not ranks supreme mrs.

standards of the -- standard.

He promised 8% unemployment fact it's even worse his transition team promise that at this point would be at 6% unemployment.

Now we have a that's the other thing not so all of this is that -- is that Debbie Wasserman Schultz likes that add up all of the people who were hired but she doesn't subtract all of the people who have been laid off number one.

All of the people and every other month hundreds of thousands of people that aren't added into that eight and a half percent unemployment number who have said -- the economy's so bad.

I'm not even going to be looking.

For a job across this country the president will be held to the standards that he set himself and right now he's failing.

To meet those standards and in fact.

Debbie Wasserman Schultz and Nancy Pelosi -- out there pounding the pavement for Hillary Clinton warning us that this is what was gonna happen.

They -- got him.

-- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- Op Ed the president says and you know this is one of the lines that he's gonna use of the general election that he is looking out for the middle class.

While Republicans are protecting the wealthy this week mr.

Obama made -- recess appointment.

Our Richard -- right.

To have the Consumer Financial Protection Bureau now German I understand that the GOP house some problems -- this but it.

Doesn't your party run the risk.

Of looking like you're more concerned about protecting predatory lenders and debt collectors.

Than you do protecting consumers.

Well there's two different issues here Chris I mean there's one issue which is the agency itself.

And and Dodd-Frank and and that the baby but I think what that and and that's an.

Because you're gonna say is that if I may seconds and I and I and I and actually if I may sir and I got and I also and erupted.

Congresswoman wasserman Schultz the fact is that the Republicans have been blocking appointing somebody to head the Consumer Financial Protection Bureau.

For months.

Well but but here's the deal I mean there are rules and there's a constitution.

And you know from one another a -- and figure out who allegedly positive but but but the party blocked.

Elizabeth warrant first and Richard court for a second blow before -- recess appointment was made.

Well look the president -- but but but Chris the president has to bill.

Live within the rules and within the confines of something called the United States constitution.

And you may not like it.

But the reality is is that this president is making -- and they're they're not even -- recess appointments but is making appointments when the Senate's not recess.

This is all about this is another chapter I'm not the thing that we're gonna win an election on this issue but when it comes to power when it comes to the growth of government.

This president takes the cake he gets the blue ribbon and this is just one more chapter.

And Barack Obama's book of trampling on the constitution.

I'm growing a government that we already can afford.

And he doesn't seem to want to stop that's what.

-- these funny -- -- and -- let me get congress -- chairman let me give congresswoman -- themselves a chance.

The fact is it's the Democrats who came up with this idea of these pro forma sessions to block.

George W.

Bush from making recess appointments.

It would have to be howling right now if bush made this kind of appointment during -- recess appointment and was ignoring congress the way Barack Obama has not.

What what where howling about on behalf of the American people is what is the basic premise of your -- exactly what your question was is that the Republicans.

Didn't question which -- -- -- credentials didn't -- question that he was qualified they simply don't like the Consumer Financial Protection Bureau so as a result.

-- -- -- because they have no interest in protecting consumers they refused to bring his to allow his nomination to come up for a vote.

President Obama has allowed back to that that process to -- -- to go on.

-- long enough and he went -- the consumers used his authority to recess appointment records -- so that the financial with consumer protection bureau.

Can get up and running and -- quite frankly that.

That whether Republicans are trying to do is use eight -- pro forma says pro forma.

Process process to be added to try to block his nomination because of Boeing and I -- an unfair and it's -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- To pick your nominate -- -- -- rather your party has been putting out and out after an odd.

Targeting Mitt Romney and and in fact during the debate last night.

The DNC sent out several emails going after Romney but no one else why all the focus by your party.

On that run.

Mitt Romney -- -- that scrutiny he has thanks indeed his entire campaign.

-- relentlessly attacking President Obama of distorting his record -- character I think had I not gotten so you agree I think I think we have not distorting the fact is all the Republicans are going after.

Obama but you guys are going after -- -- Mitt Romney is -- is one of the candidates who lives near the top or at the top of their their field and so he invites and and and deserves that scrutiny because.

He has been distorting and is characterizing the president and you know what other presidential candidates have taken that line down and we're not going to.

The fact this is that this president has a remarkable record.

Of getting the at the beginning to get the economy turned around.

Of fighting for the middle class and working families and called on once that well you know I know I've been and I'm trying to be fair -- -- it out I don't know I am trying to scare you B why do we knew we like -- -- need to I had to Mitt Romney is has no conviction is someone who.

Who hasn't flip flopped on every major issue and voters need to you know ask a question about someone -- Let me ask that you go after Romney for laying off people at Bain Capital in Iraq well there are lots of things -- -- -- that is relevant about one of the for that before it out about me -- -- jobs for our president responsible for -- off the people at Solyndra.

And no because the president wasn't the CEO excellent had a little bit -- they never gave up in the CEO of these companies say they're now the president was a benefit -- what excuse me the president was a venture capitalist.

He put taxpayer money into Solyndra and a thousand people lost their job so is the president responsible for the thousand people who lost their job to excellence not even close but Mitt Romney is responsible for.

Being CEO.

Of companies that he took over.

That he doesn't -- reality they let you but now it and it was -- CEO -- Bain Bain bought these companies hope that motor presidents as CEO of the country.

But he's not the CEO of the mantra that a guy that I thought I wasn't the CEO of M powder or idea that somebody Bain Capital -- those companies he made -- -- -- the president has no responsibility for what happened that Solyndra.

What I'm saying is that Mitt Romney and I'm asking about -- president.

No men rather than that no the president that they have no responsibility for Solyndra.

The president has responsibility for the Green jobs program that where he made investments and -- by the company Solyndra then went bankrupt but the decisions that were made excellent that ultimately led to their bankruptcy or those of the people who worked for -- Mitt Romney then Chris let me answer your question pretty well I think -- candidate Romney we had its total apple oranges comparison you that you -- -- you think that one as is the CEO of bank and the other -- you say it's not just would like to get we -- mid Atlantic.

-- -- your response to the answer.

Well.

You know I learned and in in law that when the other side is losing the argument sometimes you quit talking and you let them continue but.

-- -- the reality is the president is the CEO the fish rots that they had millions of Americans don't feel better off today than they were three or four years ago.

Let you know.

It is if the Democrats think that Mitt Romney.

Is so weak it's curious as to why they keep attacking them.

I'll let that up to the candidates but the fact of the matter is.

This is -- about Republicans and Democrats.

-- I think -- we -- kind of put that on hold and start talking about America.

And our country is on the brink of an economic disaster that is very predictable.

And we have a president.

Who were big event -- got to.

And we're gonna hold his his presidency accountable to the words and promises that he made himself and he -- failed this country.

We're gonna have to leave it there chairman previous congress woman wasserman Schultz.

I know you both would like to have -- talk more about does -- you know what.

We're gonna have about ten or eleven months to do -- we welcome you both back then thank you we'll see how the battle lines lay out as we had to do the general election as well thank you Bob thank you.

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