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Former Sen. Jim Talent, (R-MO), on the impact of regulations on jobs and how the jobs report will impact the Romney and Obama campaigns.
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You reeling before these regulations already -- -- This is economic advisor Jim Talent says once they do it's gonna be even harder for companies very jobs because of Ronald device that I guess they're looking at this and saying why.
Would we hire an environment where we don't even know this and our Bible on this stuff that's in -- is is just touching on the enormity of this.
So why add to our workforce wide build a new plan right.
Yeah absolutely -- looked -- at the one number that you mentioned leads directly to the other.
I -- you when you when you load on an economy the burden several regulatory state in the uncertainty when it.
And people in charge of businesses are not going to invest they know huge new burdens are coming down the pike.
But they don't know how big they are and under those circumstances they're not gonna -- the -- invest.
The other is a hunter -- 49.
New major new rules as the name for regulations pending which is an historic high and that's a big part of the reason we're not creating jobs.
You know Jim I always think did that -- businesses and CEOs they're not much different than average folks -- -- and on the crew here Rio guys are you.
Preserved separately but you know what I mean that people will look at this and say.
I will only buy and I will only.
Get myself some goodies or take -- -- -- if I'm confident that'll be able to pay for it.
Whether there's nothing getting in the way they hit my confidence has a lot in the -- at the competence not only.
These expiring tax rates on not only this health care law that could be a regulatory nightmare.
There's a lot getting no way of our personal financial happiness why is that not on those around them.
No question I mean well.
Certainly governor around he has every week we talked about -- -- -- do you think an outside the united I think the world of -- I just I just don't know whether he's being too.
Meeker passive -- nice about -- -- focusing on the fall on the and the waiting for to unload then but impressions are being made now on that right.
That could stick.
Well I he's coming out very strongly.
In favor repeal Obama care.
The Dodd-Frank bill which is doing guys you know for financial services what Obama -- -- -- for health care.
The cap and trade regulation which they couldn't get through the congress in there they're trying to do it through the EPA.
-- he'll stop that and its tracks and we've got around me feel like they're the as as bad as the taxes are and the uncertainty over taxes the regulations are probably worse in terms of killing jobs and he's yet -- these same so regularly on the campaign.
What has no traded at a the president today was saying on the campaigns -- bus -- -- -- now I think to visit Pennsylvania's amount not to today.
That look.
What we're picking up the job in the situation is improving not at the -- he -- paraphrasing here.
But you don't wanna trusted in my opponents and because he's evil private capital you know what those guys are all about an -- whenever.
You know you might think about that with a lot of people polled it seems to be resonating.
And are you worried about that.
Well governor -- done well in in elections before when they've attacked him in the same way and I you know his experiencing trade jobs in the private sector -- it's actually a -- -- -- It EU you look at the numbers in this election and how tight it is.
And combat in and this position in the summer.
That means at best a very tight race for -- so you know we we got a strong message about job creation and growth and the American people know we need to change horrible what's very very closely -- improvement pleasure having thank.
Thank.
