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99 weeks is not enough hello isn't up for jobless benefits to go want even as they continue to add to the deficit let's.
-- governor Brian Schweitzer of Montana -- state does not carry a deficit welcome governor thanks for coming on Fox Business talk about -- -- are you.
Very well OK it nineteen I believe that but to tell us give us a sense of of how you feel about this is it does tend to seem like it's extended now doesn't it.
Well from left and right -- the political spectrum economists have said.
That we -- extend unemployment benefits that's the fastest.
So called stimulus to our economy people were out of work with that money straight back into the economy.
Of course there would be those who say well the longer you pay unemployment benefits.
The less likely people are going to be looking for jobs governor -- -- -- -- and if you American workers but most people wanna work.
Governor -- challenge at this point is this really the quickest -- some economists and analysts say one out of payroll tax cut that would put to you know basically tax revenue.
Quickly to work at small businesses and more money quickly into the pockets of Americans.
Well that's that's certainly one way of doing it this is for the people who were actually.
Out of work and have no way of paying for their food and their -- then.
And upkeep in the that in a car payment so either one of them end up going directly back into the economy neither one of -- are putting it in the savings account.
And corporate America's doing right.
Now governor Schweitzer -- a lot of people look at that unemployment benefits and they say thank goodness they're there that's helping us when there are very few jobs to be found at least good paying ones.
Yet others say that the longer you keep people on the unemployment rolls.
They won't look -- Hartford job tell me why you don't feel that that's the psychology and.
I don't know the exact answer there I I can't tell you.
-- what percent of the people are no longer looking for a job or wouldn't take a good job they could get one but I think that most people can agree that -- the American worker.
I would like to be working they don't like sitting at home they like to go out and earn money for their families so that.
The next generation can have more pride and more hope of getting better jobs in the last generation.
I think after -- the polls of course show that you know two thirds of a drop in jobs those lack of job creation.
So what's the best way to get these small businesses creating and this is across studied.
You know creating jobs again do you let the bush tax cuts expire on the upper bracket is that the best way.
Most importantly we can do is get consumer confidence back -- and again so that corporate America that's actually.
Putting this money aside growing their cash reserves right now.
Are prepared to reinvest in Montana -- tracking -- to come invest in the energy sector.
Not just old energy coal oil gas were leaders in those areas but also wind energy transmission in new technologies.
We have got to set a signal for this country that it's time to invest that's something congress can do.
They've got to give a certainty as we move forward in the energy sector which is the largest the most important sector -- All of America he -- what gives have to at least in in my opinion certainly took to what you say.
And that is that your state does not carry a deficit.
So therefore you've got to be doing something right what is it how did you make it so so different from other states because a lot of them and for example Nebraska.
Where governor Dave Heineman was very careful with the finances and then they still ran into difficulties.
How is it that you're not running a deficit right now the state of Montana.
Understand the recession came to Montana as well seven point 3% on employment vs about nine and a half nine point six nationally.
Five years ago almost every state was -- washing cash we had -- bubble of money coming in.
And almost every state committed those dollars to ongoing programs or committed to one time programs.
But in Montana you know -- is the first political job I've ever had.
I came from the private sector.
We know that you've got to keep a little money aside that there will be bad years in the future doesn't always rain.
Don't always get a good price for your -- so I told our government we're going to leave somebody in the bay.
We're going to leave some grain in the -- and so today I have 302550612.
Dollars and something -- happen.
In a -- -- drawing down on that.
On a weekly basis but we put money in the bank and that's why just North Dakota and Montana still have money in the bank because we put money aside just like every small business in America.
Good for you.
And you are a model of that many should.
Look at and that to which they should hold themselves so thank you very much we're glad to have you tell your story governor thank you.
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