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United Advisors Chief Market Strategist Scott Martin on why the Romney and Obama campaigns and media covering the Presidential election need to get ba...
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Market strategist Scott -- news that it is the economy stupid.
And the media and the rest of us have to get on board with that Scott this is ridiculous you know.
-- it really is and he looked just look at the polls these days meals especially among the youth voters who.
We all know Obama carried so well no -- everybody's talking about the economy -- les Paul's.
Both quit their jobs it was student loans and things like that a lot of debts building up everywhere else so.
That's a place that we really should be focusing as we look to basically catered to that -- which I think again it's gonna be a big part of this election here.
You know I can remember just starting out as a business journalist got wind -- I don't think you were born but I will say this god I that.
People thought it was a boring fielded via I reminded them -- forget -- a boring guy.
But my point was just because something doesn't.
Excite you doesn't mean you have an obligation.
To explain -- of people in a way that doesn't intimidate.
Or make their eyes -- is over and I think we've gotten to the point now.
Where this stuff is big enough -- people's eyes are glazing over they're they're very worried.
I think they're extremely worried -- not say -- the nice thing is though -- this saving grace in my opinion is the following.
We get two very distinct camps right we've got the Obama side that says more government more spending more regulation this is gonna work out for everybody.
Then -- Romney Ryan campus has less government less spending a little less regulation free business.
That's gonna work out for everybody so people do have a choice -- I think that's one thing you know -- that maybe it wasn't as clear was this difference and so people.
Have a way to kind of choose between two things and of course they were they resolved between Medicare and social security and staying the same and insolvent or fixing it somewhere with the Ryan plan.
That's another choice people can make this fall.
What -- you and I don't read as many sides of four but it really comes under no matter what side you're on you to be -- Denver UB Republican.
It's government you want more government less government has some people are very keen on more government that's fine their -- people are very big -- less government that's also -- My point is that it comes back to that as a central issue.
Not with a Mitt Romney has a dog on top of his car.
Or for that matter who of Barack Obama's talent around within Hollywood yeah we get back to that stuff.
I think then both these candidates are doing the -- -- huge service.
Right and I hope they do know now the one thing we have to keep in mind -- that I believe is that listen up president.
Can only do so my today's got this congress that's out there now doesn't seem to want to do anything.
But blame the Federal Reserve for low.
-- low employment things like that which is ridiculous but I'll tell you.
You know that the president is is also -- somewhat hostage to economic cycles and winds of change outside of their own control so.
Listen listen the president's gonna step in either way here -- a choice to a chance to make some differences with some choices and I think that's a great opportunity for either one of these.
Guys would you get on another keep going as you often you know and that is this fingerprinting and the blame gave the both sides play it.
I frankly don't care who's to blame for the -- you can argue this president by tree and that's right.
The president perform exactly wasn't exactly great fiscal Stewart's so -- bipartisan blame and fair -- to go on on both sides I'm not -- -- -- and who's at fault I am interested.
In India and slowing this beast down fixing it because growing four billion dollars a day our debt -- we can't keep on -- -- and yet.
Those serious issues are sidetracked -- what a particular senatorial candidate said about rape and and and and and -- another candidate said about astrology -- -- edited prior campaigns and on and on we go.
With nonsense -- they're great distractions it may be great press fodder but throughout those debates and throughout just this latest one involving us senator.
We've added about.
Forty billion to our debt.
Right -- into debt is something yelled at whether we're talking about or not seems to be really the main thing that's affecting business here but -- -- with regards to hiring and capital investment and that's really going to be they -- going forward is how to unlock.
That business risk taking if you will to get them to go out there and do.
That hiring and do that spending is that the economy really begins to grow -- so we need is growth you know debts not a bad word I mean there are a lot of other worse.
Bob four letter words with regards -- debt that are out there are bad debts are really not one of all but as long as we don't grow that's the problem and we got to get growth going we gotta get business confidence back.
Yeah I think -- and -- Romney's old dog if you were to come -- would would would recommend the same.
That would be call that would -- -- when interview -- it goes down or.
Scott thank you very very much so yeah Scott.
