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Right -- let me go back to the debt and deficit some of you want big government you want your health care taking care of by the government right some of you.
But then you've got this other problem.
We have nine -- trillion dollars in unfunded liabilities.
You all studied math -- all went to good colleges.
You gotta balance it's helped me out between paying all that money back and getting the government you say you want that you believe it.
Gore had not just gonna say one thing about how our country has been run in the last five years so first W -- the -- hit by the Great Recession.
So when you are hit by -- session.
The worst thing to do is have an austerity plan it has cut budget that is the worst thing to do this according to no one no one can you -- economics what you have to do.
Is you have to actually.
On invest in the economy now the surplus the surplus.
What other stimulus -- that -- honest.
-- -- -- Three and a half million jobs that -- -- partisan congressional budget analysis plan.
You know weight without the stimulus it wouldn't have been a recession we have been lower -- labor participation.
Rate and of all the jobs some 70% of them.
Are part time jobs that paid minimum wages and -- I.
I'm here and we are not getting worse and many employers how to get out of requirements of the law are actually taking people who are full time making them part time exactly mean that that.
The naughty -- -- I don't -- thank you for bringing that out -- Republican from Princeton.
-- it's really unfortunate when you see it universities or private.
At private institutions trying to get around these regulations that are clearly designed to help the working class.
I think that President Obama has proposed an extremely reasonable plan of debt reduction -- that involves cuts to spending but what President Obama and Democratic Party.
Are not willing to do is balance the budget on the backs of the employees and the working class -- -- doesn't -- Say this and I'm listening in with fascination.
He's the only president to ever give us a trillion dollar debt.
In one year that -- -- but snow George W Bush's last year was 40858.
Easy and not only did he do once he did it four times he's almost by the time he leaves office he will -- doubled the debt this country has.
He was complaining about ten trillion now it's seventeen trillion.
What how do you say he's -- deficit right.
I think that one thing we have to keep in mind is that when President Obama took office in 2008 after eight years of kind of shaky economic policies.
Under George W.
Bush we saw an economy in five years later you're gonna blame bush we are under he said he -- -- skiing and definitely five years.
Got on and -- 150000.
All right Berkeley come on.
But that's the worst economic crisis since the Great Depression of course it's going to take longer than five years and actually we've kind of really long way we started at.
A peek at ten point 1% unemployment and now we're down to seven point.
We haven't we want -- And it let me give me some of the numbers economic numbers we have.
Double the number of Americans on food stamps we have more people on welfare than we've ever had since the Great Depression.
Okay we have the lowest labor participation rate that we've ever had.
And you're telling me the economy's better we have one and five children and American poverty one in six Americans in poverty and what has Obama done to -- -- what front end.
First of all why are Republicans then.
Saying that we should be cutting twenty billion dollars in food stamps why are they saying that we should be cutting desperate as a result you greater distance to the port.
American morning on -- -- Two things first of all you say of course it's gonna take -- and five and a half years.
Obama said if he did have done for years he wouldn't run for second term and unfortunately didn't cash in on that.
Second ball I just want to point out shout out to Ohio here from governor Jon case are turning eight billion dollar deficit into -- one point 87 dollar surplus I'm not mistaken.
Unemployment since he took office went from nine to seven point 2% which is below the national average and people are still.
Trying to get credit to Obama for that but.
Well I actually was going to point out that under governor Jerry Brown 26 billion dollar -- -- California.
Turning into a budget surplus no one expected that except Californians outlets for California we'll play you -- tax increase on themselves nor -- education.
-- so it's a 40% top rate nationally for income tax California's entertainment and California's thirteen of their 39%.
California's thirteen point 5%.
So that raises an important question of -- the next segment how much is too much to pay in taxes we'll take a break.
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