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Can Ryan and Romney Tackle the Economy?

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    David Kotok of Cumberland Advisors on which ticket would be better for the economy.

  • Duration 3:44
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-- -- -- So our country is facing a ballooning -- high unemployment and slowing growth but does the Romney Ryan team have what it takes to tackle the economic woes.

Here to weigh in is David contact chairman and chief investment officer Cumberland advisors and author.

Up from -- to bowl with ET yes there it is right there.

-- David.

Given except politics aside -- give me the strait economic case why do you think or do you think.

That this ticket is better for the economy and economic growth.

Well thanks Melissa that that you know that -- -- can talk about.

The economics of the budget deficit taxes.

Transfer payments long term obligations this skill set.

On the Republican side has now been ratcheted up with riot.

So will they do is another matter you just gave an excellent report on General Motors.

Where the Obama Biden administration's claiming credit -- know what he's taking apart the numbers and costs.

And nobody says how about Ford which didn't take the money and survived.

And is doing well and did it because of internal -- -- poignant.

It down into the numbers the American public falls asleep -- in their eyes glaze over and that's one of the problems that Paul Rand -- -- he is fantastic with the map.

We need -- CFO our books are disaster.

Well when he starts talking numbers a lot of the American public that just wants restock.

Tunes out you can't deal with that well.

If Romney and Ryan can package it simplify it energize it and presented to America.

They had a chance to succeed.

If they do what you just described they won't succeed.

And if Obama Biden impacted social issues and Supreme Court appointments and global statesmanship.

They will succeed.

You know I think looked -- didn't -- -- David.

Packaging it right we've got at.

See we haven't really heard -- -- but Mitt -- on board with the Ryan plan that was unveiled by congressman Ryan Bakken in March so how do you think how do you foresee this hoping to synthesizing and unfold before us as we make our decision before the election.

We need a simple message it's got a boy oil into thirty seconds but it's got to be legitimate and honest it's gotta have integrity.

And they have to have the courage to look people in the eye and tell the truth.

And what doesn't -- give -- an example of what that message -- go to Iowa and say illicit.

The they corn ethanol mandate is starving people around the world.

Corn is eight bucks a bushel we've got to do away with the mandate.

It's there there are vested interest in Iowa who won't like that.

The rest of the country doesn't pay attention.

Look at gasoline prices you just reported them every penny in gasoline is a billion for tax.

On the American consumer there's ways to say it simply.

Interesting.

You are just for the purpose of discussion here guys do you think -- that we are not giving no we're still -- -- David.

Are are we giving voters enough credit.

Because I think that we use terms to describe Ryan like policy -- budget -- just throw those phrases around almost like two callously so -- People are getting more hungry for policy.

Well we hope they are.

We're going to find out in ten weeks.

We have a great possibility.

Of a national debate on she -- substance.

Will we be distracted enough to stop looking at the World Series and say.

The future of the country's at stake we're gonna find out my guess it depends on who's playing in the World Series two.

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