| 00:00:07 |
Unidentified Speaker, -
IS JUST OVER AN HOUR. >> GOOD AFTERNOON EVERYBODY. WELCOME TO NEWSMAKER LUNCH FOR TODAY. THIS IS AN ONGOING SERIES SPONSORED BY THE AMERICAN SPECTATOR
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| 00:00:25 |
Unidentified Speaker, -
MAGAZINE FOR TAX REFORM. I'M FROM THE AMERICAN SPECTATOR, AND WE ARE HERE TODAY TO DISCUSS A NEW BOOK BY GROVER NORQUIST, PUBLIC ENEMY NUMBER ONE OF...
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| 00:01:52 |
Unidentified Speaker, -
TO THE FINANCIAL CRISIS AND THEN PART NUMBER ONE. THEN THE QUESTION OF HOW THE OBAMA ADMINISTRATION AND THE LATTER PART OF THE BUSH AND ADMINISTRATION...
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| 00:08:59 |
Unidentified Speaker, -
WAS THERE'S LOTS OF PEOPLE WHO SAID OBAMA PROMISED CERTAIN THINGS IN THE ECONOMY -- >> ALL RIGHT. YOU GET THE GOOD 1I GUESS. SO, ANYWAY,
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| 00:09:25 |
Unidentified Speaker, -
OBVIOUSLY A LOT OF REPUBLICANS ARE SAYING OBAMA PROMISED 8% UNEMPLOYMENT WOULD PASS THE STIMULUS 10%. WE CAN'T JUST GO AND TELL PEOPLE LOOK YOU MADE...
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| 00:13:02 |
Unidentified Speaker, -
JOBS AND WHAT THEY WILL DO IS SAY IS THE MONEY GOING SOMEPLACE, AND IF YOU'VE GOT IT AND IF THERE ARE ANY JOBS EVEN IF THE PEOPLE WERE NOT BEING HIRED...
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| 00:20:06 |
Unidentified Speaker, -
A MICROPHONE THAT'S OFF -- WE HAD A REPUBLICAN APPROACH TO THE REGULATORY REGIME YET WE STILL HAVE A GREAT RECESSION AND THAT'S AN ARGUMENT YOU HEAR...
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| 00:20:29 |
Unidentified Speaker, -
ORDER. IT WASN'T ALL LEGISLATIVE, AND UNFORTUNATELY THE BUSH ADMINISTRATION DID NOT HAVE LIMITED GOVERNMENT SPENDING ON THERE TO DO LIST. THE SORT...
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| 00:22:38 |
Unidentified Speaker, -
SOME PLACE ELSE THAT ISN'T INCREASING THE NET JOBS. MAYBE ONE COULD MAKE AN ARGUMENT SOMETIMES THAT THE GOVERNMENT MIGHT KNOW BETTER THAN INDIVIDUALS...
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| 00:25:08 |
Unidentified Speaker, -
WITH. >> ANY QUESTIONS? >> I THINK IT CLARIFY SINGS A LOT IF YOU TELL US A LITTLE BIT MORE ABOUT THE TRANSFER OF WEALTH TO THE AUTO INDUSTRY BECAUSE...
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| 00:25:32 |
Unidentified Speaker, -
WHERE IT SEEMS TO FOLLOW YOUR CRITERIA FOR WHAT THEY DID. AND AT THE SAME TIME, JUST AS I SAY TO CLARIFY MY UNDERSTANDING OF THAT, IT'S TRUE THERE...
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| 00:26:18 |
Unidentified Speaker, -
TO THE STATES. JUST LOOK AT THE GRAPH. YOU CANNOT GET ALL THESE DIFFERENT MEASURES WHETHER IT BE POVERTY OR THE PER CAPITA INCOME ARE BANKRUPTCY OR...
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| 00:29:42 |
Unidentified Speaker, -
I COME FROM A POSITION OF THINKING THEY KNOW EXACTLY WHAT THEY'RE DOING. IT SOUNDS LIKE PURPOSEFUL CHAOS AND I WOULD LIKE FOR YOU TO ADDRESS THAT. >>...
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| 00:30:00 |
Unidentified Speaker, -
THE SENATE BY DEMOCRATIC CONGRESSMAN CENTERS WITH THE SPENDING INTEREST INVOLVED, AND THERE WAS ONE COLLECTION OF EARMARKS STAPLED TOGETHER THIS AT...
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| 00:32:46 |
Unidentified Speaker, -
OF A PROBLEM AND IN THE CALL OFTEN IS THE END WE NEED EVEN MORE GOVERNMENT TO TRY TO SOLVE PROBLEMS THAT ARE CREATED. SO, YOU KNOW, YOU LOOK AT THE...
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| 00:34:29 |
Unidentified Speaker, -
THE RECOMMENDATIONS FOR THE PATH FORWARD IF YOU KIND OF TRY TO ADDRESS THAT VISIBLE THE ISSUE WITH THE NEW DEAL OF POPULAR VOTE TO LOOK BACK ON THAT...
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| 00:35:19 |
Unidentified Speaker, -
JOBS THERE. THAT'S ONE PROBLEM WITH THESE THINGS. THERE ARE THINGS WE CAN DO, HOPEFULLY THERE ARE THINGS YOU CAN DO TO CONCEDE THE EFFECT RELATIVELY...
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| 00:37:16 |
Unidentified Speaker, -
TELL US IF THAT IS WHAT IS MAKING THINGS BETTER OR WORSE OR SOME OTHER FACTOR. WHAT WE HAVE 50 STATES AND THERE IT IS A LITTLE EASIER TO COMPARE WHAT...
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| 00:44:48 |
Unidentified Speaker, -
BRINGING BUSINESSMEN INTO THE GOVERNORS OR POLITICS AS NECESSARILY A GOOD IDEA BECAUSE BUSINESSMEN SPEND THEIR OWN MONEY AND THEY GET TO TELL EVERYBODY...
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| 00:49:33 |
Unidentified Speaker, -
A RANGE OF SPENDING AND INCREASED THE INCREASE IN THE DEBT OVER TIME. WE ALSO TOUCHED ON THE DISABILITY. YOU CAN'T GET AS MUCH VISIBILITY SUCH AS PEOPLE...
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| 00:50:25 |
Unidentified Speaker, -
BUT HOW ABOUT AUDITING IT? AND THE FACT THAT ANYONE OBJECTS TO THAT REALLY MAKES YOU WONDER. IF YOU DIDN'T THINK THERE WAS A PROBLEM AND THEY SAY WOULD...
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| 00:51:01 |
Unidentified Speaker, -
WORLDWIDE. WE HAVE BEEN SUBSIDIZING A LOT OF THE WORLD THERE AND IT SHOULD BE SOMETHING THAT WAS DEBATED RATHER THAN WASN'T BEING BAITED. BUT YOU KNOW,...
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| 00:52:06 |
Unidentified Speaker, -
POSTER CHILD AS AN UNELECTED OFFICIAL AS OPPOSED TO A POLITICIAN WHO WOULD BE HELD TO THE FIRE IDEOLOGICALLY REGARDING HIS APPROACH TO IT. >> HE BASICALLY...
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| 00:52:25 |
Unidentified Speaker, -
A YEAR AND A HALF AGO OR SO HE EXPRESSED CONCERN ABOUT THE LARGE DEFICIT THAT WE HAVE HAD. I DON'T THINK HE PROBABLY COULDN'T WOULD CALL HIMSELF THE...
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| 00:53:00 |
Unidentified Speaker, -
YOU OBVIOUSLY WON OVER A LOT OF HOW THE GOVERNMENT MONEY WAS SPENT IN THE STIMULUS. DO YOU HAVE ANY POSITIVE OR
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| 00:53:06 |
Unidentified Speaker, -
NEGATIVE FEELINGS ON SOME OF THE MORE BROAD-BASED TAX CUTS, TEMPORARY THAT WERE INCLUDED AS A STIMULUS AND WHETHER THEY WERE POSITIVE OR NEGATIVE OR...
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| 00:53:28 |
Unidentified Speaker, -
IS ONE THING THAT REAGAN I THINK TRIED TO GET ACROSS TO PEOPLE IS THE IMPORTANT THING IS THE MARGINAL TAX RATE. HOW MUCH DO YOU HAVE TO PAY THE GOVERNMENT...
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| 00:54:42 |
Unidentified Speaker, -
SO A LOT OF WHAT YOU WOULD CALL OR TRY TO CALL TAX CUTS FOR EXCELLENT WRITING CHECKS TO PEOPLE WHO DIDN'T HAVE A TAX LIABILITY. >> HE HOW CAN A CANDIDATE...
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| 00:55:10 |
Unidentified Speaker, -
AND GIVE SOME SIMPLE UNDERSTANDABLE EXAMPLES OF HOW THESE POLICIES HAVE BEEN AT THE BOTTOM WHETHER THEY ARE BETTER OFF OR NOT? >> WELL YOU SEE DISCUSSIONS...
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| 00:55:32 |
Unidentified Speaker, -
OFFICE BUT OBAMA WAS A VERY GOOD CANDIDATE IN 2008. HE WASN'T A VERY GOOD PRESIDENT SO HE. HE QUITS BEING A PRESIDENT STARTED TO BE A CANDIDATE AGAIN....
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| 00:58:02 |
Unidentified Speaker, -
TO START. WHAT DO YOU LOOK AT THE INCREASE IN POVERTY DURING THE RECOVERY, WITH DO YOU LOOK AT THE NUMBER OF PEOPLE IN THE LABOR FORCE DURING THE RECOVERY....
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| 01:00:12 |
Unidentified Speaker, -
HERE. >> HEY GROVER. I'VE A PERSONAL QUESTION FOR YOU. I WAS WONDERING WHEN YOU WERE DURING THIS BOOK WEATHER WAS ONE OF
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| 01:00:23 |
Unidentified Speaker, -
YOUR MORE DIFFICULT REVIEWS. >> STEWART WAS FUN AND I HAVE DONE THE SHOW ONCE BEFORE FOUR YEARS AGO AND WHAT YOU DO IS, THEY DO IT LIVE TO TAPE SO WE...
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| 01:00:36 |
Unidentified Speaker, -
THAT NIGHT. AFTER THEY DO THIS THE SIX MINUTES STRAIGHT INTERVIEW, THEY THEN DO WHAT THEY CALL THE EXTENDED INTERVIEW WHICH THEY SIT DOWN AND TALK SOME...
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| 01:02:06 |
Unidentified Speaker, -
HIS CANDIDACY BUT THOUGH CLINTON WAS SUCCESSFULLY ABLE TO RUN AGAINST THE WORST ECONOMY IN 50 YEARS. DO YOU THINK OBAMA BY CITING SOME OF THESE MORE...
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| 01:02:34 |
Unidentified Speaker, -
OR TALK RADIO OPPORTUNITIES SO THERE'S A SECOND MEDIA AS WELL AS THE ESTABLISHMENT MEDIA, SO I DON'T THINK YOU CAN QUITE FIT ABOUT THE NATURE OF IT. ...
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| 01:03:18 |
Unidentified Speaker, -
JOBS. THAT IS EASILY ADJUSTED JOBS AND THERE ARE REAL QUESTIONS ABOUT YOU KNOW WHETHER THE RULES THAT WE USE RIGHT NOW ARE USEFUL IN THE CURRENT RECOVERY....
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| 01:04:45 |
Unidentified Speaker, -
IMPORTANT. [APPLAUSE] [INAUDIBLE CONVERSATIONS] >> IT'S
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NOTE: The transcript for this program was compiled from uncorrected Closed Captioning.