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jonas max ferris. and welcome everybody. gary b, is economic patriotism exactly what the economy needs? well, not this version of economic patriotism. you know, i think this plan is going to do a lot more harm than good, brenda, especially to the country s bottom line. look, i went through the plan, obama s plan. i went through his tv commercial, three things jumped out that just didn t make any sense, one, he wants to one, he wants to cut tax breaks or companies that outsource. when companies outsource the net effect is to create more jobs that were here. people were able to buy goods cheaper because companies are able to make the goods cheaper and buy goods cheaper and spend more money in other sectors, two the other they think he wants to do, he wanted to invest in education and training programs. that s all well and good, brenda and we know that s going to cost millions and millions of dollars, but that s not how the economy works. gary b, it s spending more, w ....
brenda and we know that s going to cost millions and millions of dollars, but that s not how the economy works. gary b, it s spending more, what does that do to the debt? well, brenda, he tries to get up, up, up. when i went to work for ibm 30-odd years ago, the government didn t teach me how computers work. bem caught me. rockefeller s oil company taught people how to drill for oil and gas and the third thing that strikes me that s not going to work. he wants to double manufacturing jobs, increase manufacturing jobs, that s fine, but why does the manufacturing get the benefit of government largest, why not the financial sector, oil and gas, all of this stuff drives the debt sky high and we know that the government can t spend money efficiently, it s just wrong. and jonas, there are also some tax hikes here, and wouldn t that do something to decrease the deficit? yes, it s the only specific tax increase that of both candidates and if you would close the deficit ....
smith. jonas max ferris. and welcome everybody. gary b, is economic patriotism exactly what the economy needs? well, not this version of economic patriotism. you know, i think this plan is going to do a lot more harm than good, brenda, especially to the country s bottom line. look, i went through the plan, obama s plan. i went through his tv commercial, three things jumped out that just didn t make any sense, one, he wants to one, he wants to cut tax breaks or companies that outsource. when companies outsource the net effect is to create more jobs that were here. people were able to buy goods cheaper because companies are able to make the goods cheaper and buy goods cheaper and spend more money in other sectors, two the other they think he wants to do, he wanted to invest in education and training programs. that s all well and good, brenda and we know that s going to cost millions and millions of dollars, but that s not how the economy works. gary b, it s spending ....
0 millions of dollars, but that s not how the economy works. gary b, it s spending more, what does that do to the debt? well, brenda, he tries to get up, up, up. when i went to work for ibm 30-odd years ago, the government didn t teach me how computers work. bem caught me. rockefeller s oil company taught people how to drill for oil and gas and the third thing that strikes me that s not going to work. he wants to double manufacturing jobs, increase manufacturing jobs, that s fine, but why does the manufacturing get the benefit of government largest, why not the financial sector, oil and gas, all of this stuff drives the debt sky high and we know that the government can t spend money efficiently, it s just wrong. and jonas, there are also some tax hikes here, and wouldn t that do something to decrease the deficit? yes, it s the only specific tax increase that of both candidates and if you would close the deficit and turn some of the tacks to the higher levels, and the revenues ....