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This is a fun when -- average -- power rankings are ridiculous comments made by politicians about the kind of there was a lot of competition for this for the Wall Street Journal's Lee Hawkins joins us now for more -- We all remember recovery summer remember that last year we are supposed to have -- hired 8% unemployment because of all the trillions we're spending.
Jo white here's what He said well I'm here to tell you sometime the next couple of months we're going to be creating between 250000 jobs a month and 500000.
Jobs a month that was in April of 2000.
-- this outlandish number it's gonna be thrown repeatedly into the president's face as we move into the 2012 election 44%.
Of Americans that are unemployed have been unemployed now for more than a year David and so.
He couldn't have made a worse statement on this.
Numbers -- does not adding up Joseph Biden are Jake Martin who is the presence in that Press Secretary.
Made however revealing attempt at sarcasm the other day He had towards a reporter from the Wall Street Journal here's what the reporter said -- in his comments Nicholas.
I understand why at -- -- -- parents friends to the people who need it how does that -- jobs.
Hello it is by.
I would expect -- -- Wall Street Journal would notice part of the entrance exam.
So I got a -- Got here and you're not -- yeah alright to be condescending but get it right.
I mean the fact is when you pay workers not to work it doesn't boost our -- economy and all increased benefits as a matter of fact.
Are funded by what debt so we take money out of the hands of the taxpayer and put -- in the hand what they see in the wedded to this notion and and Obama's secretary of agriculture Tom Vilsack says something very similar about food stamps let's play that dictate.
When you talk about the snap program -- the food stamp program.
You have to recognize is also an economic stimulus and every dollar of snap benefits generates a dollar 84 in the economy in terms economic activity.
If people wherever inviolable -- the grocery store than someone's got to sockets -- package it process it ship bit all of those are jobs.
This is incredible what you wish I would say.
Why not put every single American on -- -- that -- -- we would have -- -- -- our economy would be that much more better I mean the reality is he's just moving money around.
At what cost do do we get -- at gallery before.
It's just handled -- if -- -- -- -- while OK well to show fair balances ballot Democrats who -- some ridiculous thing we all remember.
This comment from the first.
Bush president Nicholas.
Rule out raising taxes.
That I will in the congress will push me.
To raise taxes and -- say no and helped push and I'll say no and helped push again and not say.
-- -- Read my lips.
Let comment -- like another unnecessary statement David.
I mean basically He found himself working out a compromise with the Democrats because our deficit.
Of course but spun out of control.
Now He did try to lay the foundation for at the Clinton years and that positive things that we saw.
Happen with our economy then but that was a political -- You know the interesting thing though is that is that president clinching the learned from that his mistake the mistake of George Bush -- He lowered the capital gains tax rate.
And that led of course to the boom some say the falls below but at least -- led to a lot of economic activity.
In the stock market and they have and you know politicians need that's why they stay away from specificity because they don't want us to be able to do with segment leader -- violating the comment that actually started this whole program tonight.
President Obama let's play that that.
We know what to do I'll be putting forward when they come back in September a very specific plan.
To boost the economy.
To to create jobs and to control our deficit.
Well movies got a plan why wait doesn't work well.
They've got -- plant I think that well statement as He faces losing everything that I've done up to this point.
Hasn't worked in but -- change in direction is too late so we think -- First thing Monday when I get back from Martha's Vineyard it's going to be a new game what do you think what -- think he's gonna say.
I have maybe the department of jobs concept that everybody's been talking -- I I think it's -- for -- and I think it's going to be is are being put on the infrastructure bank idea which is that one of the stupid if you know anything at all about banana republics you know that the last thing you wanna do is to give a politician.
A cheque book that's what an infrastructure bank is is is giving a politician a checkbook and hill -- is techsters.
Most popular -- to get reelected I mean of course in Latin America most of her corrupted righted the checks themselves and there's there's nothing else that we can do except for organic fundamental improvement in our economy.
Responsible -- India's.
Responsible spending in fiscal discipline from your lips to god I will -- are you know monitors as well the best one of all that wasn't on the list you have to was an economics related.
I did not have sexual yeah.
What I had one I wasn't looking about bottled up.
I don't know why don't strategy -- -- make the list that we'll -- more of late coming up.
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