Also in this playlist...
This transcript is automatically generated
Again this I was headed to Phoenix Arizona where he's got to give a speech on the economy and housing ironically since homeownership.
Has actually dropped an eighteen year low of 65% congressman Davis wants -- Republican from Arizona he's gonna join us right now from Scott -- though.
Congressman you know we all know that that Arizona was was the hotbed of -- -- -- say it's shot through the roof.
When the bottom fell out you've got to hit harder than anyone else.
But what -- you think the president's gonna say or can do to change what's happening right now.
What -- one of the great ironies is Arizona's back.
-- housing market -- gotten much healthier.
And somewhat something somewhat unique if we were doing a study in our office areas.
There is like Arizona that didn't have a lot of governmental intervention where the market without able to work out it's bad debt.
Are coming back parts of the country that had lots of government intervention.
Are still in the doldrums.
You know and and doesn't really speak to may be beyond the housing market.
What an economy looks like beyond the housing market because we know that was a boom mentality in a pull back but to hear your point.
Without government intervention -- the state of Arizona was able to operate rebuild jobs obviously businesses have been moving down there for years and that led to a quicker recovery.
To think of this we're gonna have about a 125000.
In migration in Arizona this year and partially we have to thank California for that.
But one of the arguments we've been trying to make it is.
Places like Arizona they have very efficient sort of for closure systems and and it's a horrible thing to go through.
But it also -- the market come back much faster.
And in places in the country where they've done foreclosure moratoriums that lots of government intervention.
You watch their recovery and it's much more much slower.
On the -- at places like Arizona.
And you know I guess and I'm glad you brought that out because the them the narrative back in the midst of the meltdown.
Was that Republicans didn't want to do anything the president says listen I'm going to do something.
It will bring honest sometimes some of this intervention only.
Slows the inevitable.
Makes it longer more painful and can even make it worse at times and brother rather than letting the free markets do they have to do even when it means a lot of pain in the.
-- -- -- -- Look look you nailed it and if the president really cared about housing we would have a much more honest discussion.
About things like the community reinvestment act.
And doesn't create such levels -- market distortion.
That in our attempt to help people.
We reach into parts of our our neighborhoods.
And literally forced loans on folks that really are never gonna have the ability to pay them back.
And by creating markets for that type of debt do we end up creating cascades of bad things for all of us.
While I don't think you're gonna get any honest discussion on a community reinvestment act that I hate -- -- -- the but I don't think so.
But before let's go one and I'll go back real quick to Friday the jobs report.
We've got to GDP that's going to less than 2% we've got a job picture that seems to be.
Overwhelmingly driven by part times jobs and some people were saying this is the new normal.
Is there anything that can be done down -- Washington to change -- can you guys get together on anything other than gridlock the fixes.
Yeah absolutely but the president would have to stand up and be honest about the effects that.
Obamacare at the new health care law's having on the economy and also a lot of the other regulatory policies that I believe -- -- -- Real economic growth so we're gonna end up with this sort of part time.
And a lot of that's because of government policy.
Lot of that's because -- government policy but again this gets back to Washington DC.
-- that this spells like nothing has gotten done it all and end and the ideologies are so pervasive that it's just harsh rhetoric from both I -- -- And what happens is there's some leadership that -- deficits guys we got to get something done we've got to get the public to believe in us again.
Well well but.
About an end one of the stories that I think -- been really under reported is in the house.
We've actually been doing our work we put out everything from bills on immigration.
To economic growth to dealing with some of the crazy regulatory environment out there.
And we are still reaching out looking for partner on the Democrat side over in this in the US senate.
Well you know what that -- that has been under reported but I'm glad you brought it up here.
Switching real quick the president visiting your stadiums in Tennessee last week.
Feels like you know maybe you start to go after some of the red -- states out there.
In the speech he gave recently sounded like he feels like he can drive a wedge to your party.
There's a lot of political infighting -- long -- within the Republican Party.
Could that be possible could you guys -- vulnerable right now.
Can I give you a different theory -- I think actually the president's campaign style activities for this month have more to do with distraction.
Been trying to create a political -- you know when he gets up and basically calls them fake scandals.
Or as you're just talking about the jobs numbers things to avoid dealing with his reality what does this president done over and over and over.
On someone was telling me this may be the nineteenth time.
The president has -- -- back to the economy and jobs and in many ways it's done as a distraction.
From his own record.
Yeah but I tell you at a basketball they'll say Kevin and held on to the NBA with the -- kind of pivots.
You don't have a representative Davis like I have maybe a little different I -- pivot now I agree with you let's and that's it's it's a real tough thing we have to reported every day and we need you guys to continue to battle we I appreciate your time.
Filter by section