What kind of country do you want?
Talking Points 10/18
- Duration 2:46
- Date Oct 18, 2012
Talking Points 10/18
Also in this playlist...
This transcript is automatically generated
I have -- all right -- thanks for watching it's and I what kind of country do you want.
That is a subject of this evening's talking points memo -- two points has been saying for months.
Presidential vote this year is about what America will become.
Here -- the two choices will go back to traditional capitalism is self reliance or are.
We will stay with President Obama who is using the federal government.
To impose so called social justice president wants to regulate the economy and the tax system to provide for those who don't have very much.
Some conservatives call that the nanny state but the truth is what the president wants.
Is what Western Europe -- a giant government that redistribute income.
Problem is social justice cost a lot of money.
And some European countries like Greece and now exploding in violence because.
They Greek government has run out of cash.
You can no longer -- -- huge entitlement so these people are angry.
And they want to destroy the establishment.
With USA currently only more than sixteen trillion dollars those scenes could happen here conceivable.
If we keep spending a trillion dollars a year more than we take him.
Will eventually go broke the only reason we are bankrupt yet is -- folks overseas are still buying treasury bonds and other US investments that could stop and hurt.
President Obama has not addressed the issue his theme is -- -- tax wealthy Americans and corporations war.
Then the debt will get under control but the figures don't back that up.
Right now the federal government spends more on welfare than in any other program when I talk about Medicare or Social Security here we're talking about payments to the folks up like.
Food stamps housing medical care those kinds of things.
-- new study by the congressional research service the USA spent 746.
Billion dollars last year alone.
Giving people stuff.
That's more than Medicare more than Social Security more than non war defense budget.
-- Obama wants to increase that spending he wants more entitlements and play.
Governor Ronnie says he'll reduce most domestic spending by about 5% right off the bat.
Who also says he'll make changes in food stamps and other entitlement programs that could save 400 billion dollars a year.
That'd be fair politicians -- It's not easy to cut entitlements once the folks have receives that.
That's what we're seeing in Greece.
But the truth is that the USA is well on its way to becoming a nanny state were closing in on Western Europe there's no question about.
-- that's what.
Will be voting on come November 6.
Self reliance with safety nets or social assistance.
For more than half the population.
You make the call.