Fox Business
Expand
Browse All Video
Watch Live

You're watching...

Is Obama Desperate?

Details

  • Description

    Rep. Connie Mack, (R-Fla.), weighs in on the Congress' approach to economic recovery.

  • Duration 4:06
  • Date

Clips

Also in this playlist...

Latest Video

Auto-advance: ON

Auto-advance
View All

Transcript

This transcript is automatically generated

We saw some non traditional it's a harsh words for the government from Charles Schwab today reading in the Wall Street Journal blasting the administration congress.

For their approach to the economic recovery here's a little bit of that.

Schwab -- we cannot spend our way out of this we cannot tax our way out of this we cannot artificially stimulate our way out of this.

He did have some idea is going on to say what we can do an absolutely must is not down all hurdles that create disincentives for investment and business.

To chalk talk is anyone in Washington listening what's -- congressman Connie Mack.

Republican from Florida congressman -- you being here in person.

Thank you it's great to be with you are you listen I am listening and I I think actually a lot of people are listening.

Unfortunately.

We still have the Democrats in the senate and the president were not listening.

You know we've been saying Republicans have been saying a long time that the regulation schemes are out of control.

There's proposals to freeze all new regulation I think we need to go beyond that I think it's what.

The part of that article is about is that we need to look at all the existing regulations.

And weed out the the ones that don't make any sense -- give an example there's a small business in my district and trying to expand they just were able to do -- -- 5000 square foot manufacturing plant.

It was 31 different permits they had to apply for and get.

I just to expand -- to create jobs so -- government is standing in the way of the job creators how how does the president think we're gonna.

Grow our way out of this so let's assume that we all say -- you're right congressman and we have to do something about this.

But on the other side -- they you know they have all bunch of other different ideas is it fair to say.

That you guys need to live give a little bit too and stop just talking about cutting taxes and cutting regulation and be willing didn't give in on some of that.

In order to get what.

That you want the so called grand bargain that nobody seems to be talking about anymore you know for me is that I think that's kind of a false perspective right because if if you give -- if you believe that raising taxes gonna kill jobs right then you can't give on that I'm in if you if you believe that more regulation.

Is gonna kill job creation than you can't give on that so you know instead what I would say is that I -- stuck kind of what well.

We're we're temporarily stock.

The president you see the way he's acting these days He knows that he's gonna lose his reelection if He continues to do what he's been doing.

So he's now he's running back as far as far as He can to the left.

To try to shore up that base that this is the -- of a desperate.

President early in the year He did come out and say and has moved forward on it to reduce redundant regulation and the government calling on all the various departments to examine that very thing.

The -- that not enough.

Well because the president's good -- saying things but not following through a give you example.

Have this going back to 2009.

The president has been saying.

We need to pass the free trade agreements with Colombia Panama in 2010 in his state of the union says we have to pass these free trade agreements.

In his most recent speech that congress is that we have to -- The free trade agreements are sitting on his desk all He has to do -- -- the congress and they will pass.

The president doesn't have any credibility He says He wants to reduce regulation.

He's done nothing about it so or the things that you can do in a Republican controlled House of Representatives or are there not get.

The frustrating part I think for us and we do a lot of interviews like this and almost seems like -- and pointless conversations to some degree.

Because you know people make proposals but at the end of the day nobody agrees on anything and I think it's.

Well -- I think the conversation is very important because what we've seen is the American people are more engaged.

Now than they've ever been and they're more educated on the issues than they've ever been.

My last town hall meeting where close to 600 people there.

They weren't there.

Talking off talking points they knew the issues -- and so these debates are very important.

It helps the public the voters rally behind ideas that they support.

And frankly come up with ideas that congress needs to start listening to -- where the Mac any plan came from.

Was a group of grassroots constituents -- congressman Mack thank you very much for coming in today thank you very much thank you again appreciate it.

Load More