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Ross Perot Jr.: We have to grow out this debt crisis

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    Son on father's endorsement of Mitt Romney

  • Duration 3:00
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As far as -- he's been -- -- got a huge crowds in recent days but can Mitt Romney do this and talking up the debt.

And just the debt tomorrow but let's -- roll the -- of the campaign and Ames Iowa but it's already one Ronnie the endorsement.

Over deficit -- Ross Perot himself this month his son Ross Perot junior would be right now.

Very good -- -- sir thank you very much for coming.

And -- thank you glad to be here you know that -- -- carries considerable way to guess think your father was way ahead of what the direction we were going would you argue was agent in -- about Bill Clinton or not.

The fact of the matter says that our our our commitments it did to government.

Isn't matching the money coming into government.

And there we date what does Mitt Romney have to say tomorrow.

In terms that your -- -- -- so well it would charts.

Well my father's very focus on the debt as you -- in my father's a great visionary -- early on this subject.

I wish we -- takes -- -- -- years ago that a four trillion dollar problem it's -- sixteen trillion dollar problem.

We have to fix it now what follows now backing David Walker to get the word out about how serious is -- -- What Mitt has seduced talk about growth -- have to grow out of there's.

We did have to do Simpson -- type tax reform program.

Then you have to have good deregulation.

It really go back to the -- game plan of optimism pull in the country together let's grow out of this it's the greatest nation in the world.

We have -- from volatile future in front of us let's get on with it.

The American people want to go to work they're ready to go to work.

Let's -- -- -- let's go to work and build this country pay that -- often have a great future for our children -- -- up all the -- and that's -- a plan.

And that's obviously what eighty CEOs from variety of industries include including Steve Ballmer Microsoft out of his -- announce it today.

Want to -- out of the president and congress they blamed both sides.

As your dad did as I know you do.

But Mitt Romney has been opposed to any sort of a tax increases you know -- part of the debt commission.

Calls swore.

Some revenue enhancements taxes for one of the better word how do you feel about that.

I think it depends on me.

You don't want to tax increase you -- tax reform.

You want more revenue through tax reform you -- to lower the rights.

Get rid of the deductions.

And have more revenue and as you grow you'll have great revenue but don't remove those barriers in front of business review those -- -- for the American people.

No let's not make the tax code distort our behavior let's work.

Let's -- let's generate jobs.

Don't let the tax code throws -- game -- and you raise the rights.

You distort our behavior -- not generate the revenue we -- for the country you will not generate the jobs -- a -- as a way to do it so I think.

You don't want -- tax increase your revenue increase to lowering taxes -- on the vice.

Looks good on paper we'll see we'll see Ross Perot junior very good soon.

They -- thank you all right Apple's.

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