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Gov. Terry Branstad, (R-Iowa), on the Presidential election and its impact on the economic outlook.
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Both candidates were stopping big time today and the governor that find state your enemies.
-- -- that I you know I don't think -- even.
It's seen the lights -- two guys fighting so hard.
Or all of six electoral votes what do you make and it's.
Well we love being a battleground state and I think Romney clearly has momentum here.
You know a lot of Iowans voted for Obama but they've been disappointed.
Even feel -- trade that he is not.
Been a consensus type of leader in fact.
One of the biggest concern is the huge increase the national debt.
And the president and I state spends all this time blaming other people and now attacking Romney.
That's not leadership people see what I've done as governor what other governors have done to reduce the size and cost of government into.
Encourage business by reducing taxes and regulation.
You think it's yours sounds want to do it for any kind of -- excess I don't that are going across this country are on our policies -- a bit of -- and I don't mean to be intrusive but.
Do you think that your success.
Is coming to the president's benefit as you turn things around drive the unemployment rate lower and improve business divisions.
It is the president.
Who's the beneficiary and a.
-- he's I have to do look across the river in Illinois and you see.
Where the president is from and where his party controls everything and things -- disaster they have the biggest debt per capita of any state.
-- the most unfunded liability and their pension system they're four billion dollars behind in paying their bills on time and what are they doing borrowing more money and raising taxes.
That's exactly the wrong formula.
And that's a reason why we need a president that will do for America.
What Republican governors are doing not only in this state but in Wisconsin and Michigan and Pennsylvania and Ohio now.
And all across the country we need a president and Romney's a former Republican governors so he's seeing what can be done.
If you reduce the tax and regulatory burden reduce the size of government and unleash the private sector to grow this economy.
Do you think these latest indications we're getting out of so many fortune 500 companies governor that they're scaling back laying off workers.
Sort of batting down the hatches for something bad basic coming.
Hit the president glories of -- liquidity.
Going to happen on January 1 we're gonna lose the bush tax cuts.
And then we're gonna have sequestration.
We have this huge -- They could send the whole nation back into a recession.
So yeah how businesses are looking into the future and -- -- scared to death that what's happening and they see.
The status quo coming from this administration we clearly need to change.
-- right now are -- they're looking at that what's happening in Washington or just concern about the world the administration will always comes back look at these developments governance thank.
Look this is a Europe problem for a lot of these guys it's not an American problem what what he said.
Well I can tell you that -- we're headed the same direction as Europe.
Because we're spending way more than we're taking in.
I'm fed will be worse than Greece within four years if we don't have new leadership in this country so we don't want to follow European example.
We want to follow the example.
Of what Republican governors are doing in their states reducing their regulatory and tax burden encouraging private sector.
Businesses to expand and grow we also know that Obama care is something it's unaffordable and unsustainable.
And needs to be gotten -- -- Governor thank you very good seeing you again I apologize for the bit of the -- there always a pledges are.
