You're watching...

The Economy’s Impact on Obama’s Re-Election Effort

Details

  • Description

    Former Gov. Michael Dukakis, (D-Mass.), on the state of the economy and its impact on the Presidential race.

  • Duration 7:29
  • Date

Clips

Also in this playlist...

Latest Video

Auto-advance: ON

Auto-advance

Transcript

This transcript is automatically generated

In the meantime I have -- may have added 24 years ago was -- nominee of his party.

Michael woodcock is of course you -- -- he really has not aides are looking at different governor ever get a -- thank you very very good.

You it is good to see a face to face we always do notice how -- -- remote electronic right now I'm.

Never feel we're coming back to these things here -- -- quarter century ago.

Now it's not where I like coming back sorry I didn't win them 1988 obviously is like.

-- -- my fellow Democrats I apologize -- be the only -- can never heard of the kids we would be in this mess with all of this -- -- but.

But it's great to be back a lot of the folks that.

Worked hard for me at -- is still here and young people coming along the twelve so it's it's fun to be that you know governor you've got quite a pop that in your addiction it was a -- -- topic out of pocket.

So what do we make too big -- deal out of equity stood.

Well I don't know how much about the balance and you get out of the convention but it's an important coming together for the parties I think.

Sure the decisions debate now we have primaries -- so -- but.

It's a good time for parties to come together.

And come out of here I hope energized.

Feeling good about.

Where they're going on and think a -- when it and I hope that'll.

-- what happens here.

You know you've made Bill Clinton if you think about it -- what you had dominated that was one of the longest satellites agent back date they applauded when he said he conclusion right you know any -- in 1991.

In the fall when -- Johnny Carson that's right it hasn't said why are running.

That cause I wanna satisfy its after us.

What I don't what did you think about the careers that we're inspired by that convention and not -- Bill Clinton's but -- -- -- you reminded -- -- the keynote speaker that year so.

Conventions like these -- -- -- Israel's right to edit it rising -- you're looking at.

-- -- I don't think at this point you've got an incumbent president obviously want -- get reelected -- gonna work hard to do that.

But there are folks here who.

Four years from now made.

Very well be seeking national office.

Do you think the -- vulnerable we had this debt news today governor over sixteen trillion.

You know a third of that undated march well in two thirds of it.

Under the -- that preceded them with the help of congressman like a lot of -- not two thirds of it under I'll easily have.

What was -- about what you're right it's a bipartisan -- but -- it reflected on the incumbent remember.

What Bill Clinton left office.

This country was in great shape he would cut the national debt by 600 billion and left the plan behind and to reduce and eliminate the national -- ten to twelve years.

And -- outdoor have been elected that's what would have done so.

We don't know that's for sure -- you know that a recession to take and hope to the issue Internet stock bubble let's stop we can argue that forever governor but I am curious about what did you mention Bill Clinton.

He had the -- speech did this could visit home and a lot of people say that -- and Obama.

Have a lot of accident -- at the time of its residents so that that they don't really get along and that that.

This tension -- Now look these are two grown up human beings.

I know Clinton back -- can't talk -- them.

About a month ago and any -- speech by people.

Didn't run it by me but that I approve the first month.

Did you know that that was gonna run so long.

Didn't realize that we should have -- -- and I think that but I will tell he feels very strongly about the selection he's no fan of it running.

Obviously no fan of Ryan's but obviously -- reverted to bite he did more than that edited but but that that that didn't sit.

These allegations that have come out now some of the do do you know.

Nasty things he was saying today and Senator Ted Kennedy do you believe any of it.

We're all big boys and girls in this business your -- hard.

You believe -- -- -- believe reliability I had I had no idea but I know this and feels very strongly about Barack Obama's candidacy an important position.

Or did you are good reader the political feelings.

There are polls out that show that a lot of Americans feel worse about their prospects in the Philippines.

-- Hold this president responsible they don't necessary losses challenger.

But that's a very.

Sticky position to be -- unity on the.

-- if you're an incumbent and the economy isn't doing as well as you'd like it to do.

It's going to be a tough fight -- and I went through three recessions as governor I know what it's like we're so why it's always a challenge to the other hand.

There's a story to be told about Mitt Romney Mitt Romney's performance as an economic leader passengers it was a disaster -- We will we will 47 out of fiftieth in job creation in the running.

So when he says that taxes -- down the debt went down did he lie about it.

Well he's not telling the truth -- he raised taxes that he raised seats.

I don't fault them for that because he inherited.

A pretty heavy deficit from his Republican predecessor but.

-- from the bottom -- job creation.

Think about Patrick has run rings around in terms of economic you don't about the president governor -- -- you think he's vulnerable and that's it I think Richard what about it Massachusetts how wonderful and while I'm all for the problem is he ran away.

I don't know what he's embarrassed Italy seems to be embracing it now.

Over everybody in the United States having.

-- what if it's good for the big.

At states and this is all about feel whether -- not working Americans are gonna have these affordable healthcare.

But I think when the American people learn about this guy's record.

As an economic leaders masters of his campaign.

Governor on there does seem to be a disconnect here that.

Worrisome economic numbers we got the Democratic Party is -- saying.

Yeah -- it might be debatable whether we're better off for years now of course -- years ago.

But the trend is our friend out today we got some distressing news -- -- construction -- addicted to debt news admit to what's been happening with another bad -- engaged.

Three months it -- been down a lot of top economist -- persuasions governors say that's a sign of a recession.

We're entering another recession.

Would even.

Look I don't think it's debatable.

Word hello we'll have better shape today that we were that they -- really -- what we'll go right over the cliff you kidding me this country was in terrible shape.

An absolute mess created by the same guys -- now run against so you're not gonna vote for Mitt Romney.

There's a reason Mitt Romney is twenty points behind Obama Massachusetts that's not because we're down allied democratic -- -- or not we voted 90%.

Them about it Reagan for Reagan twice we elected a budget Republican governors elect Scott Brown.

We saw -- -- -- action and and we he had -- -- worst record.

I know I -- united do you think this president spent too much I remember -- -- -- because legendary because we're very -- you brag about because you can affect you work you were not a big spenders.

The rap against this presidency has no problem.

And that's not that's not the issue look Costello.

Got a country out of a recession.

These guys little closing European type solution in the United States it doesn't work.

And it's just too bad about -- a middle ground.

You've got to get out of recession first then.

And you start getting -- about -- has.

It's certainly help.

We'd be we'd be in the Great Depression -- that without governor Dukakis make you very much very good seeing you great to see and -- all very much in the flat.