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Humorous Take on the Fiscal Cliff Debate

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    Investor’s Business Weekly Political Cartoonist Michael Ramirez on efforts to avoid the fiscal cliff.

  • Duration 5:30
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Born -- as President Obama sees democracy as a form of social inequality.

In a recent cartoon.

He draws to a young Barack Obama the black were -- only want answered every problem posed.

As you see you there and government.

Joining us Michael -- -- He's a Pulitzer Prize winning editorial cartoonist.

Let's -- -- let's be serious here he is a two time Pulitzer Prize winning editorial cartoonist senior.

-- -- -- -- -- -- -- -- -- -- -- -- -- -- Michael we appreciate it's much.

This is I'd love your cartoons and there are we're woman just if we may go to -- If you more of them through entering future remarks but I -- -- first -- your idea of what you think of the fiscal swept.

You've got -- this to be rich fodder for your talents.

Well absolutely I gagged I I always.

Just that I -- the best gag writers in the world working for me politicians.

And this White House is certainly give me plenty of fodder for cartoons.

And did it's it's funny to to think about these events that they're very traumatic and very serious on the other hand.

If they don't pass something to avoid this fiscal cliff.

We're talking about over 607 billion dollars worth of money taken out of the economy next year.

And I just wanna read -- we can if we can put up the the next cartoon that we have.

There it matters not which one fuels like.

This is one of my favorites.

The debt commission.

Erskine Bowles and Alan Simpson saying one it's very difficult.

And then say it's very complicated.

And then.

Cut spending I don't think you would have cut if you will.

Better on to the essence of the issue and the the absurdity.

What is there creating his obstacles to that resolution and -- DC.

-- absolutely that I mean the problem here is that.

Is spending frankly and there's a finite amount of capital that can be used out there and it can be divided either.

In -- in the private sector which creates businesses increase jobs increase federal revenue.

Or to be given to the government which is just a bureaucracy and it creates nothing but bureaucratic management.

If you look at the you know the last GOP congress -- -- ninth congress and the expenditures.

We're about two point seven trillion dollars they -- A budget deficit of 161.

Billion dollars and now the president's proposals are about three point eight trillion dollars in spending.

With deficits increased almost one point three to one point five trillion dollars.

I guess it's the economy stupid.

It it it it truly is and I wanted to else we -- part of the if you will -- true with Syria folks at.

We do this very elegantly and -- year ago we are pleased they -- the card -- Michael's cartoon of the envelope.

Just one of -- -- -- that it will.

Because it's -- in the and the left and corner from the nation of achievement -- main street America USA to.

The nation of entitlement 16100 Pennsylvania Avenue Washington DC.

I mean.

That is so to me is modeling Whittier -- brilliant.

In this country and until we put that back up because -- just once these -- from where some might miss and that cartoon.

If you look at the stamp for me and -- upper right it's zero cents it is a food stamp.

But.

I have to say we're we're looking at a president who is willing now Michael as you know.

He's insistent -- 82 billion dollars of tax increases on the so call in the top 2%.

And that.

That's going to amount to just about nine days almost nine days of operating the federal government.

So -- -- reaching more more absurd proportion.

There really isn't certainly think about it that with the deficits cast debate about over -- dollars for the next four years.

And frankly this is gonna -- maybe 82 billion dollars a year it's -- it's nonsense and it's a parody of reality and these people are just not responsible.

About their duty as is being fiscal managers for the United States.

And frankly when you think about that I mean twenty trillion dollars in four years if you paid adopted a dollar second.

Be talking about six -- 670000.

Years to pay this debt off.

There and there there responses is our improper and impractical.

And when you look at the the biggest growth which is entitlements -- you think about.

The dynamic shift in her demographics when people are getting older than living longer and costs attributed to that.

With less workers because our our population is in growing that much.

This because -- for a catastrophic if they don't do something realistic to curb the spending problem.

And is up tonight it looks like there is nothing realistic.

They're going -- in Washington DC imagine that.

-- -- -- it's great to talk regard hope you'll come back here soon and often.

Absolutely it's great to see Michael -- rising -- are -- business daily of senior editor.

In.

I've been amazing as you saw there in the -- cartoonist.