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What spending problem?

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    Deroy Murdock responds to Nancy Pelosi

  • Duration 3:05
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-- think -- comments this weekend coming as a shock to many people all across America -- that's.

Nothing brings more money into the treasury.

Of the United States.

Investment in education of the American people.

Please get recognized that -- cut which cuts really help us in which cuts hurt our future.

And cuts in education scientific research and the rest are harmful and they are what are affected.

By the sequestration.

So it is almost a false argument to say we have a spending problem.

So many people heard that and they thought American doesn't have a spending problem -- here to comment syndicated columnist and Fox News can.

-- -- -- to see this morning person to see what did you make of that because it was just a recent fox -- in -- last week we talked about at that 83% of Americans actually do think.

That we have a spending problem.

They obviously don't see it the way Nancy Pelosi tests.

I think Nancy Pelosi to a degree is correction says that Washington's out of a spending problem and two great degree she's right.

What what -- has a spending addiction and she says it's education and -- -- -- it's almost everything the money is pouring out from every you know almost a new direction across the country.

You know if you've got the green jobs being created about 575000.

Dollars per job created.

-- 833 billion dollar stimulus that stimulated nothing the unemployment rate -- on the day of president Obama's first inauguration.

And second -- duration -- -- a seven point 8% 833 billion dollars on the road to nowhere.

And we have obamacare coming down the pike at 2.5 trillion dollars so that -- -- -- it didn't have to happen.

Nancy Pelosi -- Obama push this through and here we are paying for this this'll be our fifth year.

Most likely with deficits above one trillion dollar.

Interesting thing though about education spending is that I think most Americans would be in favor of putting more money into educating their children.

If the results prove that were actually becoming smarter as a signing but we're not perfect it's we spend more money in education and the kids are doing well.

Apps but is very paradox we're spending more -- more money these these spending rate keeps going up.

And you look at so that test scores dropout rates and -- pretty much flat or may be falling.

And you -- have some states and state by state basis where they spend less money and that even better results I think -- -- -- -- examples of that.

Washington DC they're spending something like I think it's what 181000 dollars per for people number one or two in spending.

And they're number 495051.

In terms of academic performance wouldn't think that the president will talk about with regard to spending tomorrow night I'm stating.

I think -- deals say we know we need a balanced approach we need to limit our spending deficits -- problem and then he's gonna do what it -- doesn't just spend more money.

He gives great speeches speeches are wonderful but you look at the actual actions.

And it's an ongoing spending ongoing deficits about a 50% increased in the national debt with a sixteen point.

Point five trillion national debt will be at seventeen trillion.

By the end of the year and I don't think any of his budgets balance at any point.

Be good to see some fiscal restraint on the part of him and everybody else -- -- Republicans but look that 83% figure and actually kill some programs and terminate.

Some of this federal activity which is like themselves right into -- analysis Centre right Murdoch thanks --

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