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Closer look at Paul Ryan's roots in economics

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    VP candidate well versed on fiscal issues

  • Duration 4:12
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-- -- for Paul Ryan became the vice presidential candidate.

He cut his -- in Washington as a protege of former buffalo -- -- Jack camp.

Kemp was a pro growth pro trade leader of the GOP during the Reagan revolution.

Ryan took that knowledge he brought it to the House Budget Committee and it's no surprise that he governor Romney are making the country's soaring debt.

And struggling economy a centerpiece of their campaign.

There -- so I'm sure we're fearful.

That if we stay on the track we're on we're gonna end up like Greece.

And we're gonna have like Europe has the chronic high unemployment in the low wage growth and fiscal calamity right at the door.

That's not the path will take us down I see our president making us more more like your I don't want to be like Europe I wanna be like America.

-- My senior economics writer for the Wall Street Journal he's known congressman Ryan for over twenty years.

Both you and congressman Ryan had reputation for being guys who -- Very young and very Smart to out there covering a lot of these issues and as a surprise if -- known each other new roots go way back.

Says Steve what you know -- -- let me just tell yourself that I'm not so Smart because when I remember the date of Paul came to me and in the spring of 1998 he said.

Steve I'm gonna run for congress in -- -- says that all you crazy yelling that district that's a democratic district of thank goodness.

He did not listen to my advice but I I didn't know him not very well at the time when he worked for Jack up a guy go I just love and pollen and Jack really have so many similarities in terms of their -- -- -- beats up persona.

Kind of the sunny side that -- American can grow a lot of its prime problems and that no problem.

For this great country are too large to solve.

Then there -- stories about you know back in 1984 he he was an aid.

A congressional -- on the hill at the age of 23.

And that people would turn him as -- Paul what are the numbers on this I mean -- this is a guy who is so steeped and has done so much homework he never has a hard time you know -- up with the answers an antihistamine respected for that.

-- both sides of the out.

Yep he and one of the ways he won that really tough first race and again -- -- democratic blue collar.

I district that had been held by Democrats for many many years was that he did very well Martha with.

The blue collar working class voters and also with women.

In a Mitt Romney has a gender gap problem there's no question about it -- Obama does better with women that Mitt Romney does but Paul actually is very appealing.

22 women voters he's done his -- done very well because he speaks of those -- kitchen table.

Issues are -- and you know this is a woman yourself the people who do pay the bills of most households -- the women.

X.

We won't talk about goes on -- step up up.

The best.

Bill -- but unfortunately some of my my has been pretty good at that but anyway I get your point I get your point.

So you know into -- Jack -- you know for people who think about Jack -- how how do you equate.

Jack -- philosophy in the way that he looked at solving the problems that the country has with the realities of where we are now and the way that Ryan takes to not.

Really great point I'm -- -- because you know there's always been a kind of tension in the Republican party for the last thirty years or so between the kind of rig count vision which is grow your way out of these problems that -- that we don't need -- cut cut cut cut.

And then.

The Reagan I'd have called the root canal Republicans the ones who want a slice these programs and all I think is a is a very inspired choice here because he brings together both of the -- he's got -- -- -- -- Both vision and understanding that -- you get the economy moving are never gonna balance the budget.

But he also has some real sensible -- Two programs that need to be put on a -- in terms of the the big entitlement programs like Medicare -- Medicaid.

And he does in a way I think that are acceptable to people but I heard you guys talking -- a couple minutes ago there's no question.

The Democrats are gonna start run and not those ads in a -- scare with granny go on over the -- there's no question that's common.

Yes and -- has thank you very much Steve always -- -- the FT I'm Ron Paul didn't take my advice yeah.

I'm Betty is still.

A bank that they got it Davis was.

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