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Should tax reform be a top presidential priority?

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    Obama fundraiser Robert Wolf joins the debate

  • Duration 4:41
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All the former UBS -- -- date.

Obama fundraisers serves on the president's jobs council as well.

You know and at this -- -- they had.

You know the other day you know we're both candidates go to the areas up on the -- and it's waving to us -- on this and background here.

Robert good -- it nice to be here on C unit looks good for the yeah right today if there was if the election took place there I think he went I mean he looks very strong in the -- and the battleground field.

-- is like -- Karl Rove who lives -- -- numbers how many did he takes a look at.

The number of Democrats example who have come out to vote earlier file absentee ballots and that a 181000.

Fewer have -- So extrapolated -- backwards he says that that is not good for the president meanwhile 75000.

More Republicans.

It's.

Better from that round.

Yeah I think for every Karl Rove there I look at -- from -- -- you know he's at the highest he's been in I think it's north of an 80% certainty.

About it -- we don't know doing we don't know it but I would say if you look at the early voting.

Romney would need like 55%.

In the swing states.

-- based on where early voting is today.

That just seems way too well here at Indianapolis Wednesday to pick up a couple of them it's probably maybe it's 52 -- I would you feel good about the presence in because I'm.

To hear some of the CEOs of them have been chatting and others who like Mitt Romney they say this will ultimately be a judgment call in the economy.

It's between better.

And good.

Economic numbers are better but they're not.

When he's.

Well -- there was a big debate with those same people on the August number and we've only had one revision which was up.

So it tell you the August number not only was good but an improved over the last thirty but -- that you wouldn't it job growth even at this levels have -- it should be at the state -- country.

I would not agree with that because you have a sector called the housing market that's just starting to.

Literally stuck to move fingers and we should be grateful that it is now I think about the trajectory is not as fast as what we would want.

OK but when you have five million plus private sector job gains.

And 32 straight months you can't say that that's not a -- we are great numbers guy and I am -- -- that doesn't -- -- keep up -- population growth.

Nor does it erase all of that right when it does erase the fact it's it's president of the office now and then he's still got to be -- Now I would say a different way okay that we have created.

Over three million new type of jobs.

Actually the only other there is no way to prove that.

While actually created what actually if you look at jobs lost first new jobs -- like the construction -- sector which had 25% unemployment.

We've had three million new jobs created the only other person that actually had three million jobs new jobs created was Ronald Reagan so I would say that you just -- the -- them.

Blitzer went very first time I mean yeah.

I want to -- -- a lot of your colleagues on Wall Street aren't worried about another four years.

A Barack Obama fairly -- not -- think he's.

He uses he called names.

He's he wants it says they don't pay enough taxes they don't like to -- just -- Well there's no question is a lot of vitriol right now on both sides that didn't the president overplayed that rich -- thing.

Listen I think that all this rhetoric about fat cat -- that stuff is is campaigning and I think that if you actually look at the policies.

That's who we should be debating no one can debate that we shouldn't have a new.

Reg reform from Wall Street OK I was scared to Lehman we can hear on the jobs councilman yeah I was on how often do you guys me.

While with.

We actually have calls every two weeks is the president in on the calls noble we gave our year -- review okay that tells me on there really in danger and -- You have -- today running UBS and they don't we give our year in review which we gave ninety different ideas that we're working with the administration on sixteen that does not mean legislative.

Issues one of them which is probably the most important issue today its infrastructure.

OK we have fast forward to some part -- -- I wrote an op -- in your sister newspaper Wall Street Journal with two other people in January 2010.

Supported by the president this country needs a national infrastructure bank.

The most bipartisan issue in this country Republicans Democrat president zone -- and he's on board with -- and and my question is why -- we moving forward it's partisan politics it's not because it's not a good idea.

Robert it's always -- -- things that are very much Robert wolf.

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