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Grimm: Red Tape Preventing Growth

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    Rep. Michael Grimm on the Republican jobs agenda, small business lending and his puppy, Sebastian.

  • Duration 5:24
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More about this congressman Michael Graham Republican.

From New York congressman -- of you being here.

Adam Shapiro reference the op Ed that was in the Wall Street Journal written by Jeffrey and -- and conditional and American Express search on the jobs council.

-- about what should be done is there anyone thing in that.

That you agree with.

I was actually quite a bit I mean if you look at it it it marries up very well with the Republican agenda we just put out jobs agenda.

And for example -- at the top.

Rolling back the regulations on cutting through the red tape that's one of the biggest.

Things stifling our ability to grow right now is that we can build anything -- completely stymied.

By regulatory red -- so I think that is very much on point and we've been beating the -- -- that for quite some time the other thing is that was very consistent was increasing.

Capital in and access to credit for small businesses this was something that we talked about back when they were bailing out banks to say.

Are they gonna be strings attached to make sure they lend -- to small business which they didn't.

So getting that moving again so I think there's a lot of things at a very consistent with -- the other things that they mentioned about.

Construction and construction -- you know irony here -- I was very very critical of the stimulus package was almost a trillion dollars.

But we didn't spend it to build our infrastructure to grow the United States I think that was -- huge mistake on the part of the president and now -- hearing from that this council.

That that's exactly what we should have been doing.

Well it's interesting because that -- I was just talking to Don -- about this idea that can you cut your way to prosperity don't.

So the incident from a rebound from a Republican congressman is no you need to spend uncertain what's hip in certain areas are now it's -- Equation what you can create jobs in a vacuum here it's it's actually very very simple and and -- those that have been in business and small businesses know this.

If you're a lead with a tremendous amount of debt.

No one is gonna have defeat to invest -- -- so we have to get our debt under control but at the same time we if that's more policies that are gonna promote growth.

The biggest problem we have now for creating jobs is uncertainty if you look at the balance sheets of all corporate America.

They are heavy in cash more than ever and our history.

And the reason for that is they don't know what the rules are you look at Dodd-Frank for example and it is completely -- with with uncertainty.

And if we don't get out of our own way and start creating policies that bring certainty to the market that we're never gonna be -- -- for.

But congressman you are saying we need to spend and we need to cut that -- that's sort of wait that's sort of what you're saying you're saying spend wisely no but -- -- But the agenda has to be the -- I cut cut I think you misinterpreted what I'm saying is.

Yes we have to cut the spending because where we have an out of control debt looming crisis quarter of -- but we have to have pro -- pro.

Business policies such as cutting red tape creating certainty to the marketplace none of that cost none of that cost a dime.

Rolling back the regulators are bringing certainty that into the market and -- Time but that was the lost opportunity of the stimulus now that we've wasted actually would go back -- -- I would not come back into another when I'm -- that was a lost opportunity.

And they they did it wrong the first time so.

Doesn't that leave the economy kind of an interest in not not -- statistics on the -- in a tough spot because you didn't.

If you're so right and you can you should have spent that money and of course hindsight is 20/20 but -- say we go back we -- we should've spent it and now we're gonna say we don't have the money to I guess a charge.

Right so what you do then we do now -- what -- very it's it's it's actually pretty obvious what we then do is we incentivized we do bring tactful but broaden the base and we give incentives to small businesses.

To grow into the mid sized business the entrepreneur awards have they have the -- we need to let the entrepreneur -- innovate because that's what they aren't.

Before we wrap up here and let you go just wanna ask you one New York delegation question about that has been talk about it but about congressman -- Been in the news we've talked about ad nauseam the last couple weeks Vissicchio in the delegation from New York.

What's your view on it should he resign -- In all -- what happened if Chris Lee had this problem on my -- republic united in common than in out of respect.

I want to be consistent and I reserve comment you know it's up to the congressman at this point what he decides to do -- you would call on him to resign I personally not know cut interest.

Congressman Michael Graham thank you -- We haven't guessed it -- think differently.

This is Sebastian and believe Bernard Sebastian is a rescue puppy knowing that.

He was rescued from.

Puppy mill.

How say hello is rescued from a puppy mill.

And part of this is about the humane society -- to me from from puppy mill.

And -- one of my first legislation's was the a dog bill -- -- for veterans you know I'm I'm very much in the weeds on Dodd-Frank and a lot of other legislation but I wanna remember that we have the freedoms and liberties to talk about jobs and everything else.

Because of our veterans day so my very first bill was.

For those suffering from post traumatic stress.

That they that they can train dogs and if the dogs are trained to a certain level.

Then those -- those dogs have been given to veterans with disabilities and they can help them open doors and do various different things that they would have trouble with.

So.

As a result of that legislation humane society he found.

If puppy mill and now we have Sebastian his nickname -- -- mugs and.

-- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- Actually end or take it looked like it was up and sing it now.

Yeah go back to DC now again as -- -- -- -- together we have a good trip to get back my staff in DC -- and congress could see again great to see you that how do you think.

-- barely a quarter.

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