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Federal government from loyalties, less spending on subsidy, people are happier all the way around. that's what supply side economics was originally all about in the 1970s. >> governor romney, on those economic questions you blame president obama for the jobs crisis but when you look at the data and a positive trend line he still only gets the blame and none of the credit. how come. >> actually i don't blame him for the recession and the decline. what i blame him for is having it go on so long and going so deep and having a recovery that's been so tepid. businesses i talk to all over the count...

You'd been out of state for something like 200 days preparing to run for president. you didn't have the interlude of citizenship while you thought about what to do. you were running for president while you were governor. you were going all over the country. you were out of state consistently. you promptly re-entered politics. you happened to lose to mccain. as you had lost to kennedy. now you're back running. you've been running consistently for years and years and years. so this idea that suddenly citizen zp showed up in your mind, just level with the american people. you've been running sinc...

Down. we really have to talk about real cuts. and we haven't gotten around to this yet. so if we want to change things, this is what we have to talk about. character is important and motivation is important, our history is important. but i really consider that in the debate format to be less significant than what we really believe in. >> you read my mind, dr. paul. and we're going to get to some of the tough choices not just on politics but on policy. first, governor perry, i do want to ask you flat out, your stake in your campaign going down to south carolina, is governor romney unelectable i...

Like others talk about. but we need to talk, you know, supply and demand, everybody knows about supply and demand. they talk about oil. if we had more alternative sources we always hope the price will go down. but everybody forgets that there's another 50% of a transaction is the monetary unit. and you don't deal -- very few people talk about the supply and demand of money. and when you create a lot of money, prices go up. so it goes up in the areas where government most gets involved. you know, in education, in medical care, housing. and in energy. so prices go up much faster than any other p...

We were able to compromise on some things like transportation funding, day care funding, all in order to get a consensus that pov earth povertyst no a disability and that programs that we need to put in place should help transition people, not make them dependent, and we were able to get 70 votes in the united states senate, including 17 democrats. >> governor huntsman, this question of, is the leader of the democrats promised to make you a one-term president, how would you go about dealing with them in a more effective way than you think the man you serve, president obama, did? >> i think it ...