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Hoover Institution Senior Fellow Thomas Sowell on the Presidential race and the state of the economy.
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-- -- But we also look for someone who could outline where we're going to be right where we are where we're gonna date.
And an end to Jack while others have talked about how the country we wanted to look -- 2014.
And 2016 points running.
That -- other -- the direction is gonna look better under me -- under my opponent but what is Romney due to do that.
Well reasonably reasonably -- -- -- explains himself.
Which most Republicans don't do -- he seemed to be doing a little bit of that now and he makes if you slip Bob's.
We are better about meg make if you slip -- telling the truth.
That that it is a go out there and try to present something that look looks phoney to to the viewers.
I'm.
I'm not in your league historian wise when I go back and economic history here but I did -- how the media was.
Covering the 1980 presidential race is Ronald Reagan and Jimmy Carter and the same disdain -- -- in dismissive comments.
Made -- from Mitt Romney today we're very much in -- back then as well and and Jimmy Carter was a much less popular president.
You could explain why those -- were virtually even in the polls almost up to Election Day itself.
But the article actually what did against Ronald Reagan policies -- -- that point but -- was that.
He would be dangerous.
Did much just said the same.
Of Mitt Romney.
How to address.
I don't thing then then Mitt Romney is going to B of walking arrives against the -- embassies all around the world.
That's interest and.
But they still hate us around the world no matter -- our president don't think.
I mean in that part of the world particularly -- I think you'd be well Teresa and they wouldn't look at.
Well -- that does not a question whether we love you know -- -- whether they respect you.
You know the move the I'm sure the Iranians do not -- while Ronald Reagan but the fact is they've made it their business to get those hostages loose.
Before Ronald Reagan took filled the walk with them back hours before regulatory -- of office.
You have.
-- -- conservatives have to answer the charge that there insensitive callous to care for -- the poor to care for the starving.
And I almost feel the conservatives are gunshot they're afraid of who they want to be.
And they're afraid of their own DNA.
I don't think I'm imagining I see it and that it's like to always nervous.
-- -- All undoubtedly -- -- -- one of the reasons they don't come out and say let's say what they wanna wanna say.
I don't think there's any thing.
-- the -- warning able bodied men to work.
But you know what I -- truly calloused.
This having a law costs of system federal policies that in fact her support -- you mentioned Reagan.
I came across an -- real blow copy of the New York Times.
Which had a front page headline that -- black white income difference had narrowed slightly during the 1980s.
Now that's the Reagan administration.
And more recently that -- the black white income difference has widened greatly under Barack Obama.
And yet Reagan has never regarded as -- someone who's with a pour off all what.
Obama is so the real question is not.
What is how does -- talk how does it come across the question is what do what do his policies due to people.
I think resembled minimum wages I was shocked to Europe -- -- -- -- before.
Minimum wages have done enormous damage to young blocks if you go back -- to the nineteenth.
Mid mid -- -- -- mid 1940s.
The unemployment rate among black teenagers.
Was a fraction of what it -- -- and and -- it.
It was a it was a fraction in 1949 which of the recession year.
Of what it has been an even the most prosperous years since then.
And the difference was it 1949.
The minimum wage -- had not been upgraded since 1938.
-- for all practical -- -- is that.
It had been group that the destroyed by inflation.
-- she started -- -- the minimum wage would stick with increases then you begin to get the 203040%.
On -- blubber rate among black teenagers.
But in rather than the late forties there were years when a black sixteen year -- that unemployment rate on the 10% and the other question is not.
What do what do what -- whether you're emphasizing not the question -- -- whether your policies.
All ruining people.
Do you believe these polls Tom when you look at the mall it.
In the early show the president ahead and battleground states had in an economy that's certainly.
Doesn't look to me like it's firing on all cylinders do you believe what wobbly.
I believe I believe the one that -- -- -- take likely voters rather than all registered voters.
But more than that I don't leave -- there that the other at this sentenced on by any stretch actually Karl Rove pointed out that at one point Jimmy Carter was -- Ronald Reagan.
47% to 39%.
And yet ready and won a landslide -- things everything.
Depends on what people about a -- from here on out I think especially the the debate.
It's gather debates are gruesome Ronald Reagan -- because it was only one and was the Sunday before.
Not the immediate election -- that the prior Sunday it.
And that they're just turn that on its head it.
Finally did this.
Idea that let's say the president is reelected big government continues.
There are a lot of conservatives deserve the country's -- you might as well pack it up.
Capitalism as we know it is -- entitlement society will be etched in stone.
Democrats a -- -- lock on power because so many will be indebted to them.
Do you agree -- Now I have invited that I think that.
You know they'll forget though Reagan -- -- things back I'm -- -- the only time I know.
When the size of the federal registry.
Register decline and because that's where all the new laws in Rutland I regulations off here.
And he -- I was the only time that though they read they they rolled back.
So it can be things can be rolled back his Mitt Romney -- -- No nobody's Ronald Reagan -- -- -- Ronald Reagan always you know it may be another -- a proposal years.
As Barack Obama Jimmy Carter.
I think Barack Obama is worse than Jimmy Carter do.
Yes.
-- Arafat had been many foolish policies and internationally as well as domestically.
But I think Obama has out done him in both respects.
-- Thomas -- always good seeing you thank you very much.
Thank you -- so.
