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America Looking for Clear Answer From Obama
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Former Clinton Advisor Doug Schoen discusses the latest address by President Obama.
- Duration 3:48
- Date Aug 9, 2011
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Former Clinton Advisor Doug Schoen discusses the latest address by President Obama.
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-- the markets were permitted to go over 200 will pull back again I get it today it's all over the place keep watching -- out people might yesterday the markets tanked.
After what I think was the president's worst speech ever.
Joining us now Doug Jones a former Clinton advisor them and ask you right out there you heard to speak again.
What that one of the -- if not the worst he's ever given bonds if circumstances are concerned we were free falling considerably laws are triple -- rating.
Concerning it -- an hour late.
What that the worst -- ever.
-- -- wasn't the best Charles.
Because the markets made it very clear that the market -- 23240.
Points after his speech so the market I think offered a verdict that's more telling them everything I could say.
To me the larger issue is He has not offered a clear plan it clear direction.
A clear strategy was more of the same and to offer more of the same Charles when the policies haven't succeeded haven't worked.
And haven't produced the kind of consensus we need makes it certainly a candidate for.
The dustbin of history.
Tracing made a great point -- -- -- Chris both talked about the fact that may be at this point it's not even about the economy it's all about reelection of president.
That's -- fundraisers last night.
It's -- to me that they probably had to rewrite this speech for five times and finally He went back to his -- -- the fundraisers speech that us vs them speech.
And that's -- have very little substance.
Well the speech He should be given in were these were all in this together.
Let's go to the White House let's get together and work on a plan and I'm going to put politics aside I asked my Republicans could.
Do the same let's put everything on the table like Americans and try to take.
-- -- little too late where we've been asking -- plan that this administration are how long now at this point F analysts -- -- and that's I think what the market yesterday it through hands up and -- -- so if this is our leadership.
Well Tracy it's never too little too late because it's the United States of America and He is the president is gonna be the president.
So when He -- used his.
Best skill set yesterday He is one of the best or raiders of our time -- He could use his platform ASA and -- He -- -- is a platform yesterday to say I hear you I understandably you're saying and we're going to He didn't do that He couldn't give an.
But I don't want an empowerment speech -- -- a person doing grocery shopping this morning said He He heard me.
He did it He did denial He did finger pointing to everything else and delivered a week's speech telling me that the once also I know He -- he's not using.
Well to me more important in the skill set is planning there there is no.
Plan on the table that you but He.
He's really never been able to put together plant.
Well he's able to do exist rather he's had Bowles Simpson He walked away from getting -- -- -- it -- don't plan now here's a thing watching the market and paying attention to the speech.
When He brought up the notion that people are paying their quote -- quote fair share right well.
So.
-- -- long term unemployment or a limited unemployment welfare foods and that's how we're gonna be a great country I'm not telling you that and I don't think He was either.
I think what you.
Are hearing is that He stuck to his traditional talking points the Republicans have made it clear that they'll do revenue enhancement through tax reform.
Which is what -- Simpson said they would do and which Tom Coburn Mike.
-- Powell and Saxby Chambliss have all signed on with so there's a path to a resolution He didn't take it the American people require.
His neck speeds because I -- -- some times back to back now to really go and they're in the say something strong to be a leader in to actually unite us -- in that speech do you expect anything different.
Well I expected something different yesterday we didn't get it he's got to do something different otherwise it will become an ominous for the markets and his reelection -- great thanks a lot.