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Former George W. Bush Advisor Brad Blakeman on the potential impact of sequestration and the push for more infrastructure spending.
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-- leader understood for war let's bring in Brad Blake when a former advisor to president George W.
Bush -- -- CEO you know I can't -- video.
I think the people I interviewed on the street had it right.
He really doesn't matter it's not a huge cut the president's -- build up into this big thing will be the end of western civilization.
I'm not so sure.
Yeah.
-- mean pres Obama is the black man who cried wolf the sky is falling the sky is falling and in reality.
Do the math -- -- 85 billion against a annual budget that's over three trillion dollars Mr.
President this is a crisis.
The bit but the American people Jerry -- tuned out because they're non.
It's one crisis after another all manufactured by white by the government the White House who can't even seem to even make the slightest bit of improvement in the economy.
Well that -- the number from this year's budget for the sequester will be half a percent.
-- half a percent.
Of the total budgets or even talking about curbing growth here we're just talking about.
A small backtrack so I mean at the end of the day really we're not talking about a lot of money but I do want to ask you this the president wants to spend.
Fifty billion on infrastructure.
Didn't do -- -- Just a few years ago didn't we find that spending on roads and bridges was really difficult because shell already wasn't shovel ready.
In the president mocked as stimulus one which is 800 billion dollars.
The president.
Understood at that time.
That the American people it would -- -- -- anything because they were so desperate.
But the fact of the matter is we look back on it.
We need get a bag for a buck.
There wasn't enough shovel ready jobs we didn't see the improvement in the economy that was that was promised that unemployment would not.
Reach above 8% it's been about 8% almost his entire presidency.
So the American people are.
A disappointed time and time again so -- expectations are low so the president going out again seeking stimulus fifty billion.
Well you could say well at least a stock 500 billion -- fifty billion that we don't.
Well I gotta tell you.
I think people are disappointed there's a story out about congress.
Having approval ratings are up to -- 15% like that's a good thing at the end of the day.
People have lost confidence in Washington I think there's no doubt about it as we mentioned in the -- John Boehner today there's an approval rating right there 15%.
That's supposed to be in good approval rating for congress my friend that's -- that's considered a winner and number can you believe that.
Can you imagine having that approval ratings in the private sector.
Imagine went to your employer and I were sitting down and getting -- reviewed for the year 15% you -- -- stick around.
But the thing about the Americans as very fickle if they may have -- a low opinion of congress in the macro sense of the body we talk about their individual congressperson.
They're held the highest -- so that's true when it really hits a congressperson is when their constituents don't think they're doing a good job.
Well I can't say I'm Brad and never ceases to astonish me how -- they can go in the halls preference for coming on today it's always good to fail but.
