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Sen. Rand Paul, (R-Ky.), on the president’s address and the need to deal with our nation’s debt.
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First someone who'll.
Really does proposed cuts that might prevent America from going bankrupt a senator Rand Paul of Kentucky.
So senator what did you hear and what do you think.
I didn't hear much discussion of the debt you know we're borrowing 40000 dollars a -- and then.
I heard new government programs and blame for the marketplace and blame on the banks.
Blame on everybody but I didn't hear him sort of accepting any the responsibility for two million more people are out of work since he came into office.
But may be it suicide.
Said.
To say that I I compare Mitch Daniels speech which was such a grown up.
Discussion of arithmetic and how we need to save the safety net.
But Obama's much more inspiring.
He can talk the talk coming the question is can he walk the walk and I am willing to work with the president being come to -- there are some things we might be out agreed to.
For example repatriating capital bringing money back from overseas and letting corporations pay a lower tax rate.
I can agree to that but he has to decide and -- actually really wants to work with this I think tonight he sounded conciliatory.
But I've also been there when he's given his campaign speech -- simply just bashes the rich.
And bash is successful people he was a little bit more tempered tonight.
We'll see if he really honestly wants to work -- -- we could find some things that we can pass.
And the bashing the rich I would think is politically appealing to people he says we need fairness for all.
An economy that works for everyone not just a wealthy few.
Let's now that -- that sells.
Yeah I guess so one of the things I was curious about two things that struck me as kind of bizarre is.
You know he wants our right to stay in school which is a good idea but what is he going to do into the seventeen year old I have a seventeen year old that won't go to school -- -- got to put him in jail.
Is he gonna put their parents in jail.
The other they have found -- a curious as he wants clean energy for the Defense Department.
And all I can picture in my mind when he said that is a windmill on the back of an aircraft carrier.
And down.
I'm sure he's not really talking about nuclear reactors -- nuclear reactors are clean and that is how we motor are.
Submarines and our aircraft carriers so we already have clean energy in the Defense Department.
But I think to him he's picturing Windmills on the back of the aircraft parent.
He certainly wasn't advocating nuclear power now as I introduced you I did mention you are one of the few politicians has proposed.
Really serious cuts that might.
Take us from the road to bankruptcy.
How did you get these ideas did you and your father sit around the breakfast table and discuss.
Cutting government and ending the Fed wants it like growing up -- congressman Ron Paul.
We that we all have the argument on nature vs nurture and I think some I was born into a family that.
Believed in individualism.
And -- senior DNA but I think it's in a lot of Americans DNA because.
We are melting pot but were melting pot that attracted people that wanted to be independent.
Religious authority of government authority we want to define our own way and we are the descendants of those people.
And that's what's neat about us it's not that we have the same color skin it's that we all had this same desire to come -- -- we have Vietnamese folks in my town.
That are very independent very individualistic and they fought to come here and they're so proud of our country.
-- what unites us is that pride in the individual and that -- -- individual works hard in our country you can succeed.
Tonight the president wanted to talk about that but mostly what I've heard from on the campaign trail is that if you succeed to enough of a degree.
Really you need to be penalized in some -- And it's this independence and individualism.
Is in our DNA how come Americans have.
Continually voted for bigger government and your father polls of maybe 15%.
-- know I think this this election could end up being a very important debate because.
The president doesn't really argue for that mobility and that American dream and the Republicans have to a certain extent.
And I see wouldn't that goes back and forth Americans will choose now about half of America already receive something from government.
And half of America doesn't pay an income tax anymore.
So we're really getting at that tipping point but I still think a lot of people believe -- if you ask the general public.
Do you think -- your child studied hard.
And went to college and maybe got a -- too greedy thing they could succeed in America and do you think we live in a meritocracy.
I -- I still think most people believe that whether you're -- or for that there is something unique about the American dream that does let us drive and does let us achieve.
And I'm still hopeful there's enough of -- out there that believe that.
That we won't keep going in the wrong direction and what do you mean by that 51% tipping point.
Well you know we're at a point where if you get too many people receiving from government and too many people not paying taxes to support it.
They're not really they don't have skin in the game and I'm afraid they they've they -- the system may slip away from us and the president referred to this a couple of times.
But he doesn't quite understand or acknowledge that when he says the rich need to pay their fair share.
That 10% the top 10% of wage earners.
Pay 70% of the income tax so if he wants a more fair and balanced income tax.
He's gonna have to lower rates dramatically for the upper income folks because they're paying all of the income tax right now.
Well I didn't see -- proposing math but who knows maybe that'll come senator Rand Paul thank you very much.
