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Maybe it deeds on you this is serious so art who was it.
Art what -- may get us.
Well I think it's been going on for a long long time -- We have had the single worst recovery and employment.
In the history of the United States.
And it's continuing why should these companies hire more people when they -- the higher tax rates a huge deficits the government spending the rewarding people for not working.
You know it's a tragic set of policies -- and the consequences are coming home to -- unfortunately.
Another look at it to their shareholders to do the best they can they do well I -- on -- brought it up.
And the richest and nicest way to reward the shareholders is to increase their dividend buy back stock -- -- -- that stock -- and that generally does the trick for a while.
But they're not doing that type of things that you experience with the Reagan -- that this country so with the Clinton boom.
Where they're competent enough that it's a real boom and and and it will create a boom -- activity so they.
You know expand -- of production here there everywhere we're seeing very little of that to -- point and none of that what what do you make of that.
Well there is no boom -- there is no reason for a boom the policies are anti growth there anti profits there and I employment.
I mean and that's what they've been doing for the longest period of time and they keep doing it over and over again out one -- wondering why they don't get a different result.
Well that won't get a different -- people don't work to pay taxes.
People work to get what they can after tax.
And it's that incentive the drives -- -- and those incentives are totally lacking for the business community today.
And that's why the find the best use that money is to give it back to the shareholders and shrink their companies that's exactly what they're doing their.
Doing -- reverse capital offering.
They're there they're selling their company and shrinking it down.
Well you know then you get the year over year comparisons -- that when you just about -- gotten as much blood as you get out -- -- -- That you -- you you've got to wonder where the growth comes from now.
-- so many argue that it comes from abroad but abroad things are are beginning to weaken and with a lot of these May Day pro does and everything else I mean we're we're giving me -- indications.
It's it's not going down nicely -- -- What's happened.
Well that's exactly what you see happening.
-- -- Europe they're doing the same policies we're doing only worse.
I mean all bonded Cameron and these other people are.
Are even worse than Obama in this congress and it it's it's tragic what's going on but until someone gets a pro growth agenda.
-- it's not gonna change -- Unfortunately you people don't work to pay taxes and if you pay people not to work.
And tax and if they do work.
Don't be surprise if you find a lot of people not working.
Those participation rates in the US have been falling like a stone and especially in the key employment area of -- you know.
Twenty year old the 55 year -- that area the participation rates have been crashing.
So -- this the best we've got going in this environment I mean.
Relatively high unemployment for some of these groups double digit unemployment.
Or you know may be steady as she goes meager private sector government really very -- that's right what what do -- resistant and the next.
Years yeah this is the next few years until we get a political change.
And we have 2014.
To look to to get a real political change and as you -- -- my view is that in 2014.
I think you're gonna see a turn over of the senate.
And I think you're going to see the president who really a lame duck position and then.
I'm very hopeful that you get a pro growth present with a pro -- congress.
And that you'll see a -- like you've never seen before it will be absolutely amazing -- just like it was after Jimmy Carter won Reagan took office.
That's exactly what you need to -- that lasted for years and years that lasted from Reagan and Clinton.
If those eight years of each present were just terrific.
Were you drinking before you can hear Carter no I was not penalized on the -- water I -- some water are and that's fine that's fine as well -- -- he's eternally young men thank you want to elaborate.
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