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Why We Should Have Gone Over the Cliff
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Cure president Star Parker explains why going over the fiscal cliff would force Congress to cut spending.
- Duration 3:59
- Date Jan 2, 2013
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Cure president Star Parker explains why going over the fiscal cliff would force Congress to cut spending.
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Our next guest says that we should have gone over the fiscal club to force congress to cut spending star Parker is president -- historic center for urban.
And education.
A star so what would have happened note two in the markets today economy the gun -- -- -- the would have been Franklin big mass today you still say we should have done -- why.
I -- because it would have been MS today but it would not be a -- in six months and what we should be most concerned about right now is the deficit the debt and entitlement reform.
So what we've seen happen is a postponement of the inevitable a discussion that we needed to have today.
I believe that if Americans felt the real potential what this government that they insist they want cost.
All Americans not just a fear that perhaps we -- get serious about the real questions that we need to have answers to him.
-- star one of the things that we have done continuously to find.
Well not only that gravy train let's look at the entitlements -- let's look at Social Security Medicare Medicaid in itself worked collapse and internally it's not just about borrowing money.
It's about collapse and internally because we spend too much.
We've got to take seriously the scope.
And the size of government not just the size but the scope of government and people don't know what that means when they can -- their bills on to the wealthy in this country.
-- -- things that you're so well known as -- and you yourself were on welfare I mean I I watched you argue with Oprah about the issue well buyers are arriving good for you but at the same time.
Overall the economy is not working in many say that Medicare needs to -- -- -- Medicare the welfare system needs to be.
A justice -- one of the most -- popular political things that you could say right now.
Well but that's the don't know what we say if this is the problem what we're looking at the Democrats doing that's just -- and social security and Medicare into welfare programs I mean you're about these means test we can look -- -- every and in the inner city in this country and see where we're going as a country -- -- -- -- -- The go to Europe we can look at what happens when Democrats control blue cities and Blue States so in order to a birth that we should have gone over the fiscal cliff we are at.
We're sitting at sixteen point four trillion in this debt ceiling debate is going to be heading -- -- can be hitting all of us your television screens everywhere star.
What is the first thing that you would cut if you were in congress right now.
I probably would look at absolutely every budget and 20% can come off the top army families do this all the time because my biggest concern was not whether the markets would rally.
My biggest concern is that when you attack those they give their money away that hurts charities and went and I'm looking out for the -- you know they just say that this discusses about the wealthy and the poor.
Well let's face it it's the wealthy who helped the war and -- charities have to tighten their belts it puts more pressure on government so I think that a 20% across the board in every single agency department and you talked earlier about the waste third thing that -- spent money on that the American people don't even know -- spend -- money out so let's just start there.
Our way you look at it and flexible while ago unemployment benefits that was extended for another year or would you have discontinued the long term unemployment -- -- I wouldn't let the whole thing fall and let everybody who then what's the -- it's come to Washington and and talk themselves about how they were fact that as opposed to having these backed deals that will cut.
To where Hollywood lobbyists and others were able to get -- -- and the rest of us well suffer as result because money moves money is gonna go make more that your not let -- be able to just tell people that we're gonna go after 40% of your revenues and expect that -- stay here we're not gonna give it -- businesses that we're going to keep capping view our production and expect them to stay in this country.
It's just -- you know.
Yes and the one of the biggest challenges as those that are on unemployment would have had a hard decisions those that are looking at that -- -- up anyway because the payroll tax just went up tip.
Are -- -- have hard decisions I think everybody should have a hard decisions today start Parker.
-- is that it any better top thank you very much debt -- shout.
You're welcome.
Money moves the --