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The Gaffe That Keeps on Giving...

Title:

The Gaffe That Keeps on Giving...

Published: Tue, 28 Jul 2009

Description: Vice President Biden's latest gives mixed message on stimulus

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Automatically Generated Transcript (may not be 100% accurate)

" My friend invited -- a challenge for critics of the president's stimulus plan."

" Our critics who have a lot of reason to go out there and say -- it's we have -- remade the world and been doing anything correct that this recession which was eight years in the making and maybe longer. I asked him. What would you do. What would you do. -- you don't want to recovery. Would you not. Help maintain and hire new police officers. Would you not. Fund unemployment insurance. Would you not. Build these roads and highways and bridges and sewer systems. What would you do. Would you walk away. I don't think that's a rational option. Would you not give 95% of the American people are in desperate shape already. A bit of a pay cut community -- through that -- a cut in the withholding tax so they'll pay less taxes. Would you sit back and do nothing. -- a secured in this economy continued to collapse. What would they do. What would they do."

" So what would the president's critics do let's ask -- joins us live he's also the author of the book saving freedom we can stop America slide into socialism. Good -- senate and I suppose there it essentially two issues one is the recovery act and whether or not your -- against it. And also as to whether or not it has actually been implemented at at the speed of the pace -- which was promised. And said that did the vice president says what would you do so there's your question what would --"

" Well this was a government spending plan and it's grown some government employees. Temporarily but it hasn't met the promises they talk about Greta. I introduce the American option Republicans had a number of different options that would leave more money in the economy. Basically can keep the tax rates -- make to make that the current tax rates permanent. And reduce taxes to small businesses and workers that's a way to keep money in the economy rather than taking it out and have the government pick who is gonna get it. -- they made promises and our unemployment would never go above 8% if we pass that they wanted it passed in one day. It hasn't worked and it's really time to look at letting the economy work that the way it should."

" unemployment period and that's bad that's -- that dismal. But -- how -- starts those are really -- number yesterday that it had does the -- I think in about eight years. That was a good sign. Are there any signs either way to support or defeat to theme -- whether or not the recovery act as simple as passed in February is a good idea. What."

" earlier in the year even in January we were predicting that at the end of the summer in the fall we would see our economy began to come back. And we expected housing to come back we hope to have an upturn in the fall. But it frankly it's difficult to connect this government spending with the upturn in housing. Did the -- Obama plan was supposed to improve employment. And we're not saying that at this point but we introduced real options to this and those options are still on the table. We've got one of the highest tax rates in the world the president is talking about increasing -- taxes to pay for. More government spending that's only gonna cost us more job so hopefully we won't go to continue to go down this road a bigger government and more debt. As Steve Moore was just talking about -- let's just leave more money in the economy and let the people who really create jobs create more jobs for us."

" Why isn't it -- as a profound difference between making payroll. And making jobs and I think that's probably you know -- concern I would I would simply using money now to make payroll and that eventually we're gonna run into problems that we can't make payroll anymore. Well we actually creating jobs and I'm not sure how we measure does it matter if we're gonna throw -- this -- job creation figure saving jobs that I don't know how high can measure would it save the -- not."

" Yeah well you we've learned to not believe what they talk about what I was a small businessman for most of my life before I ran for congress. With ten or -- employees. And that they just -- the taxes themselves ground if if I was able to keep a little bit more money. That makes it easier to hire a person or keep a person. But if you keep my taxes at a higher rate and even plan to increase -- as the Obama administration is talking about it's hard to plan to expand your business. -- to buy new equipment. So most of Americans and small businesses right now don't know what our tax rates are -- be next year but we don't know what the new government plans going to be for penalizing us for. For health care. I think what we're talking about now Washington is creating so much unpredictability. That people are taking a risk in making the investments saying need to make our economy grow but. The American economy is resilient Americans are out there trying to get the economy going back. But getting going again but I don't think it has much to do with this big government spending plan we passed a few months ago."

" Guide this is random made their diagnosis I don't so what was your small business."

" But must I did marketing and strategic planning for a lot of different companies but for a lot of hospitals and doctors' groups. Nurses I worked in health care for years so. Health care has been one of my passions and I've been working on health care reform since I got in congress so it's really frustrating for me. To see the Obama administration blocked. All real reforms and then say we have to have the government to take it over. That really makes me want to pull my hair out."

" Well maybe get a lot before employing out CP can't get -- later read but the -- well when it comes to health -- but that's. That may be able that they are united healthcare reform anyway we have got senator thank you --"

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