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Laffer: Sandy Didn’t Impact the Race

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    Former Reagan economic advisor Art Laffer argues the hurricane will not have an impact on the election.

  • Duration 2:52
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A double all of this arcane stuff going on we really can't forget about the presidential election up six days away -- accountants are walking a fine line.

But we are hearing the Romney folks are really upping the ante indications right now -- -- have really.

I'll put the pedal to the political mettle here the governor is going to be in Pennsylvania Michigan.

Minnesota might make a stop in Ohio -- the same day that the president is going to be with Chris Christie.

-- hurricane damage in New Jersey so we -- know that it's technically not considered a political stop or political event.

It will have all the benefits there and now according to the latest tracking poll from the rest is -- folks.

Mitt Romney has a two point lead over President Obama.

This is a national tracking poll that has nothing to do with what's going on some of these swing states joining us now -- art Laffer.

Former economic advisor to president Ronald Reagan how is this affecting you think the race and the -- six -- out.

I don't think the storm really affected the of race very much at all -- but what's happening is some of these polls they know or a little bit -- and you know they're -- the Democrats are very worried about the polling numbers not being quite correct and that the Republicans are really doing a lot better than than the polls would indicate.

But you know the storm and all of that I don't think it'll have very much affect on the election.

Normally -- it does data are out briefly as you remind me it to the commander in chief and and and maybe just in time or for this president it doesn't do enough to arrest possibly Romney's on animal or is it too little too late people can it distinguish between.

A storm and how we're doing economically one.

While I don't think -- it either candidate made huge -- in any way shape or form.

I think they both handled themselves appropriately and so therefore I don't think -- is -- a huge problem coming out of this storm we all knew was coming.

We all knew what was gonna happen it's it's a terrible storm but I don't -- really benefits either party to be honest with -- I think the economic impact that you were talking -- with Charlie and by the would have loved your interview would -- you guys really get a -- well.

We -- I -- -- -- -- -- -- -- very -- -- -- -- -- -- -- -- -- -- let's get -- they could have -- -- he's married couple ago to what can you say exactly what I think that's involved I think there's all very temporary.

And the real issue coming along in the economy is not this storm but it's what takes place on January 1 2013.

What that one still looms huge and I don't see how we avoid debt dot -- -- again and that will start coming to play huge -- right.

In the economy in the stock markets and I'm I'm terribly worried about that much more so than I am about the storm's effects and as Charlie says the keynesian rebuilding.

Because what path a path.

Take that aggregates are -- I think -- thank you very very much of course --