Detailed text transcripts for TV channel - FOXNEWS - 20151028:00:03:00
Private industry, for example, was hit hard by obama care. many small companies cut back hours and did not expand. obamacare premiums will rise about 7% next year. and 80% of those enrolled in the obamacare system are being subsidized by the taxpayers, working people. so it's clear the social welfare state is not benefiting working americans. someone tell the unions who remain under tremendous downward earning pressure. same thing happened when jimmy carter was president in the late 1970s, that's one of the reasons ronald reagan was elected. mr. reagan eventually did cut taxes especially on bu...