Page 3 - Policy Code News Today : Breaking News, Live Updates & Top Stories | Vimarsana

The first step, though, is to create a climate of economic growth, where revenue comes in because people are creating jobs, and investing, and are being taxed because of it. that's by far and away the most important way of doing this. and if our -- look at it from this respect. we spent 25% of our gross domestic product or economic activity goes through government today. that is -- that is much higher than it used to be. used to be around 20%. and our revenues are up 15%, which is much lower. the reason why that is, is the demands placed on governments grow when there's no economic activity an...

The imbalance goes away. and that has to be the first step. and that changes the whole context of the debate in washington when that occurs. >> you mention medicare. let me ask you about the policy code. can romney/ryan win florida, taking on medicare? you saw what your brother went through as president trying to do -- inject the private sector and private competition into the social security system, it failed. and he later said it was a mistake to try to do it in that order that he tried to do it. >> well, you have to persuade. you can't just say i'm for medicare reform and leave it at that. ...