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Are Republicans Missing Chance to Lower Nation’s Debt?

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    Economist Thomas Sowell breaks down how Republicans could push policy to reduce the nation’s deficit and fix spending problems.

  • Duration 3:19
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Or Thomas -- back with you let you know.

Thomas that you -- -- I disagree on this but as you know -- play an expert on TV set and I know and and talk about.

But in all seriousness I'm looking to have Republicans I think -- botching this opportunity this year.

To at least call the president's laughs he's he's gonna lower the corporate tax rate -- take him up on it.

Often their own version if he's gonna offer -- budget -- a sensibly calls for trimming the deficit but -- trillion.

Over ten years even though we know it's pieces may have come up with a plan of your -- This year right now do this stuff right now don't close to the election -- it goes your way I think they're missing.

An opportunity when -- It would not be the first opportunity they've -- They're not only have to have their alternative.

They have to be able to articulate their alternative they can't -- betting that and they don't up.

But it's maddening the meal is the Republicans talking.

I remember back -- the time of the 1990s.

A government shut down.

When.

When the Republicans voted more money into the congress -- appropriate before Clinton's that it -- -- -- -- -- the government.

Everybody blaming Republicans.

Hello you know you're you're really got your back here and then they've Gingrich didn't exactly -- that -- -- He element of most other Republicans -- you're right I was though -- appointee he -- like a professor which you know 11 of the occupational hazards.

But they're the ones who weren't professor who came on how they start to like about OMB figures vs CBO -- -- -- I'd like -- say hello wants to pass an argument and I think they're losing it again I think that.

That -- -- they -- is really on them because they talk and good gave -- I think they've got those who walk into -- and.

Well the other thing trillion over the -- kind of an album modules -- the facts do not speak for themselves.

The -- doesn't matter you have all the facts on your side of the other guy makes a great presentation.

And you mumble you're gonna lose.

Well there are afraid I think it's just like Mitt Romney is afraid to embrace his wealth and by the way another and we go back to -- -- When he made a populist campaign out of his Romney's Bain Capital days I think that Republicans lost an opportunity to embrace wealth and success leaving that -- -- they're not speaking with one voice and furthermore there are uncomfortable with -- they are which is supposedly.

The party capitalist.

Absolutely.

-- -- I like criticize a Gingrich remain that that -- comedy -- against the yes hello Romney.

But I -- you write a you know in the people don't they they fail to understand that the most successful Republican of the twentieth century was Ronald Reagan and great -- because the man articulated.

And it wasn't just that he had a -- -- -- gift for gay if you read his.

Please be real long before he became president can see how we changed things now we.

Edited so what he understood united lay it out -- a certain -- and he worked at it.

I mean you know there are elements that work is there's the -- the only four letter words you can't use these days.

You -- but that's what they've got to do what before they do that -- first got to understand that it's important that it be done if they don't has been that it's not gonna get done.

Well put Thomas solar could spend hours which you thank you for this night Thomas so Republicans today need.

All of us at penalty.