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-- you joining us now Michelle feels from the daily call on the -- Why -- young people like the president so much.
Well look I think a lot of young people as struggle with financial literacy and they judge a lot of policies according to their intention a lot of economic policies -- -- of their potential outcome.
So for example they hear President Obama talking about regulating business right which sounds great that sounds appealing to them but they don't understand that regulation served.
As a hidden tax on the economy and they end to end -- it suck it stunts economic growth.
So the problem is as they don't really see those hidden costs and a lot of Obama's policies do you think that to youngsters off financially literate.
I think that they struggle with financial literacy.
You know we have a lot of problems with loans right now with student loans and a lot of people defaulting on man so I think there is some struggle with -- -- isn't isn't there are no.
Being here for politicians and not Mitt Romney for example to come along the same look.
-- you can have your student loan interest rate cut down until we could all get with that but what about jobs what about jobs when you leave -- -- -- this -- Isn't this an opening.
Vote -- politicians the Republicans in particular just jumped right in -- make that economic tasty youngsters.
Yes of course and that's what Mitt Romney should be doing.
Look at Obama's trying to appeals -- so is Mitt Romney by telling them and that -- that they won't doubled their interest rates over the summer but the thing is is.
By not doubling interest rate that's gonna cost taxpayers six billion dollars per year so the question is should we be bailing out these these young students and a and it in exchange for them that an.
For the middle class for the working class.
If you if you are a politician.
And you are appearing in front of a student audience and you wanted them votes but you're Republican would you say to a.
Well I think you need to be honest with -- look young graduates like myself we got these loans.
At at favorable rates and on easier terms and a typical loan and we did that in order to go to world class universities.
In two increase our earning potential -- you have to understand that there is.
You know we have to it we have to me -- out -- realize that we did take out these student loans.
And that we need suggest that.
You know we need to pay them off look most people who graduate graduate with 25000 dollars and data -- and -- and yet you're not gonna get their vote lots of credit you just lost them.
I mean if you look at the -- you need to be -- well.
-- -- -- A politician goes up -- and says -- -- -- don't -- folks don't -- I know you straddled with debt he can't get a job don't -- hi I'm gonna help you.
They will vote for that politician you know it we all vote self interest which is what Obama's been doing this week but really it's like college campus exactly what he's been doing.
Come on the show.
Is that gonna help the economy -- is gonna help the economy no mean he's an outlet and the clear the way I think economic mass.
-- -- politician is not in the business of helping the economy.
Politics is involved in the business of getting votes.
And you don't get this thing yeah.
And maintenance high interest rates you don't -- -- yeah I hear right -- -- he collected by saying I'm gonna wipe out all of your debt that's how Obama got elected but I mean I'm not gonna say that that's what I think they should be doing I mean that that's not good for the economy and if you're just focused on getting elected yeah and then say what Obama didn't know paying a big -- though I had your behavior.
Subject you go to the students and you say.
C'mon what kind of an American do you want what kind of an American do you want to graduate into you want jobs -- wanna get -- best ought to founded build a house already stood.
This is how you do it capitalism.
You look -- gently -- that's what you do.
You don't take the president on his own grounds about cutting interest rates and student loans.
Well that's what Mitt Romney talking about right now and so is Obama they're cutting they want to put a freeze on interest rates and like he said they should have it.
A message of economic freedom of capital is on.
And instead of talking so much about cutting interest rates which is gonna cost six billion dollars for a tax -- protect that Michelle feels daily caller thanks for joining us -- the move right along at a much Michelle.
You didn't get into -- you know BI I think Michelle's missing a very a big point in applying to young people right now she's got to say.
Are you happy where you are today after four years of this you're graduating college in you're not finally -- -- if you are finding a job underemployed do you want this sort of America applicants.
Excellent and and that is why Obama had his conference call from Air Force One.
With student leaders and student journalists basically saying I'm gonna lower your interest rate.
Because I can't give you job the economy's in bad shape and there really isn't a lot of hopefully cynical political strategy desk present -- friendly audience give them something -- of applause here's what I've got the right.
Correct but if they -- it read in Ronnie -- hinder an action points to his track record.
And people can connect the dots and say we have message might be just a message and not work -- I'm with you let's get -- that Roman.
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