political speaker is because he s such an effective political thinker and he is able, as brit said to frame a political argument more effectively than anyone i have seen in politics and part of that, they re telling us he was asking his researcher more facts more detail, more wonkery, if you will is because he wants to make this kind of an argument. he thinks people, voters want to hear it and will understand it as he makes the case. the key and i think we agree is that he has to explain why hope rg change and expectations of the last four years have not been realized and that if we re in an economy with $60 trillion in debt, and look what he came up with. it was pretty good and effective to this crowd. when he said i went through the exactly the same thing in 94 and 95. the economy was growing but you couldn t feel it yet.
political speaker is because he s such an effective political thinker and he is able, as brit said to frame a political argument more effectively than anyone i have seen in politics and part of that, they re telling us he was asking his researcher more facts more detail, more wonkery, if you will is because he wants to make this kind of an argument. he thinks people, voters want to hear it and will understand it as he makes the case. the key and i think we agree is that he has to explain why hope rg change and expectations of the last four years have not been realized and that if we re in an economy with $60 trillion in debt, and look what he came up with. it was pretty good and effective to this crowd. when he said i went through the exactly the same thing in 94 and 95. the economy was growing but you couldn t feel it yet.
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it s probably about $50 trillion to $60 trillion of unfunded obligations that we really have to have a discussion about how we re going to deal with. what s the obama plan for dealing with that? there s a republican plan. let s get this discussion and have a discussion about the major issues of the day instead of little small things that maybe you can move and motivate people on. what we really need to talk about in the country are the big things. we need to major on the major things in this presidential debate. let me ask you about something chris christie said last night. he talked about the need for shared sacrifice among americans. democrats would ask, where s the shared sacrifice when you slash taxes on the wealthy while reducing entitlements like social security and medicare and i m sure you ve seen the polls and you know that your nominee has a problem that a majority of americans believe that his policies would favor the rich and hurt the middle class. what about that, govern
telling us that the two things he s going to do if he is elected is cut taxes and cut regulations. regulations that might have prevented this. $360 trillion. if the right regulation had been in place, then credit default swaps would not have been possible and that would have staved off the lion s share of the housing crisis we had and the bungling of subprime mortgages and selling them off from investment bank to investment bank. and so smart regulation is the right thing to do. as a small business owner, of course i don t like owners regulation that costs more time and pain are work than is mess. it should keep american consumers of products and services safe and at the end of the day, that s what regulation is about. if you are not going to do that, i m i darned swear you you don t want to get on a plane that s not properly regulated by everybody who touches it. so at the end of the day, it has to be mart regulation. but to say we have to just do