• With: Barack Obama

    O'REILLY -All right.

    PRESIDENT OBAMA - In fact, you and I, if we sat down, we could probably agree on -

    O'REILLY [OVERLAP] - Well, I've said that on air. We don't disagree on -

    PRESIDENT OBAMA [OVERLAP] - Raising the minimum wage, something that you -

    O'REILLY [OVERLAP] - But one - one thing we do -


    O'REILLY [OVERLAP] - I support this.

    PRESIDENT OBAMA - I know. And that's -

    O'REILLY [OVERLAP] - You have to do it.

    PRESIDENT OBAMA - And that's -

    O'REILLY [OVERLAP] - You want to get people off welfare, you raise the - minimum wage.

    PRESIDENT OBAMA [OVERLAP] - That's not a liberal or a-a conservative agenda.

    O'REILLY [OVERLAP] - No, fine. But I think that you are much more friendly to a nanny state than I am. I'm more of a self-reliance guy, you're more of a big government will solve your problems guy.

    PRESIDENT OBAMA - And I - and I -

    O'REILLY -That's it.

    PRESIDENT OBAMA - And I disagree with that because I think that what used to be considered sensible we now somehow label as-as liberal. Think about this - Social Security, Medicare -

    O'REILLY [OVERLAP] - But you pay into that. It's the freebies that are the problem.

    PRESIDENT OBAMA [OVERLAP] - Is it? What-what freebies are we talking about? Welfare, actually is worth less now than it was 20, 30 - it's worth less than it was under Ronald Reagan. And the uh -

    O'REILLY [OVERLAP] - Take a look at the disability explosion. I mean, it's insane. The workplace isn't any more dangerous now than it was it was 20 -


    O'REILLY - years ago, it's through the roof. You know people are conning you.

    PRESIDENT OBAMA [OVERLAP] - You know, Bill, the point is, we have not massively expanded the welfare state. That's just not true. When you take a look at it, actually, that-the-the levers of support that we provide to folks who are willing to work hard, they're not that different than they were thirty years ago, forty years ago, fifty years ago. You and I took advantage of certain things. I don't know about you, but I got some loans to go to college.

    O'REILLY [OVERLAP] - Nah, I painted houses, I didn't get any -

    PRESIDENT OBAMA [OVERLAP] - The, uh, well, I, no -

    O'REILLY [OVERLAP] - See, that's who I am. I -

    PRESIDENT OBAMA - I painted houses during the summer too. It still wasn't enough. So, the, uh, so my point is is that that's not a nanny state. That's an investment in the future generation. G.I. Bill - is that a nanny state? My grandfather came back for World War II, you're about to write a book on World War II. Smartest thing we ever did was make an investment in the American people. When those guys came back from war, that's what created our middle class. We-we suddenly trained up and created skills for folks. We gave ‘em subsidies so they could go out and buy homes. Through the FHA, those things weren't giveaways. We-we understood that what that would do would create a base middle class of folks who were able to, uh, work hard and get ahead.

    O'REILLY - The work ethic was different then than it is now.


    O'REILLY - All right, last questions.

    PRESIDENT OBAMA -We'll have to improve the work ethic.

    O'REILLY - And here's something that you and I agree on.

    PRESIDENT OBAMA - What's that?

    O'REILLY - And I'll tell everybody. You helped the Veterans. Now I believe the VA should be doing a lot more than it's doing. But you, I have come to you four times, and every time you have, uh, done what I have asked, and we have raised more than twenty million dollars for wounded veterans and their families. And I - you know, so when they say that you don't care and all of that I know that's not true. But fundamentally, the self-reliance thing in America I think is going down, and the nanny state is going up. Last word. You get it.

    PRESIDENT OBAMA - Here's-here's-here's what I believe. First of all, biggest honor I've ever had and will ever have is serving as Commander in Chief, and when you meet our military families and our men and women in uniform, they-they, uh. They are so outstanding. You just have to want to help. And you have done great work, Bill, uh, on behalf of our veterans. Number two, I think self-reliance is alive and well in America. I think the problem is people don't see as many opportunities to get ahead. My job as President, as long as I'm in this office, is to give them the tools to get ahead. They gotta work hard, they gotta be responsible, but if they are, let's make sure that they can make it in America. That's what it's all about. That's how you and I ended up sitting here talking.

    O'REILLY - Mr. President, thanks, always a pleasure to talk with you.

    PRESIDENT OBAMA - I enjoyed it, Bill. Thank you very much.

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