in 1992, bill clinton beat george h.w. bush in the presidential election. bush became a one-term president. clinton got 43% of the vote. those numbers don t add up to 100%. somebody else ran and took 19% of the vote, a texas billionaire named ross perot. pretty simple, if you re paid $12, $13 an hour as a factory worker and you can move your business to below the border, pay $1 for labor, have no health care, have no environmental controls, no pollution controls,
in 1992, bill clinton beat george h.w. bush in the presidential election. bush became a one-term president. bush got 43% of the vote. those numbers don t add up to 100%. somebody else ran and took 19% of the vote, a texas billionaire named ross perot. pretty simple, if you re paid $12, $13 an hour as a factory worker and you can move your business to below the border, pay $1 for labor, have no health care, have no environmental controls, no pollution controls, and no retirement and you don t care about anything but making money, there will be a giant sucking sound going south. we ve got to clean this mess up, leave this country in good
while at the same time, saying that we have to maintain safety nets. that requires spending. i just don t think that adds up. i ll put this to both of you. take a 50-year-old man who was an autoworker in the rust belt. in a place, some factory worker where the factory, town has almost shut down because the factory shut down. aren t jobs in the area, they can t sell their house, maybe the kids are not going to college. we keep telling people there are open jobs. that person has to become an account the or software worker or a medical worker or truck driver working the energy industry, all these industries have jobs, how does that person, my viewer, get from unemployment and being trained for the wrong thing into employment? will? there is no way ali i possibly have the answer to that nor does bob even if he tries to pretend. come on. i ll give you a question you might have an tone ann to. what can government answer to. what can government do to
we have over 50 tlts in unfunded liabilities, medicare, medicaid, all unsustainable. i think we need to do something in connection with the decision to raise the debt ceiling. it deals with the debt. both medium and short-term, medium term and long-term. that what it would take to get my vote. a cnn contributor, secretary geithner said not raising the debt ceiling would be catastrophic for the economy. now, he concedes no one knows for certain what could happen in the event that it s not raised. are republicans willing to risk sending this fragile recovery that we re in into chaos to find out if they re right? no. but neither are democrats. let me tell you why i m certain. a, the debt ceiling has been raised 74 times since 1962. second the consequences for not raising the debt creeling are dire and everyone knows it i have my tim russert prop. if we don t raise the debt ceiling the government cannot issue new debt. we take in 60 cents for every dollar we spend. we spend
that s one thing. and they want cuts that are going to bring down the deficits while at the same time saying that we have to maintain a safety net. so that requires spending. i just don t think that that adds up. you can t do that. take a 50-year-old man who was an auto worker in the rust belt, in a place some sort of factory worker, in a place where the factory, the town has almost shut down. there aren t jobs in the area. they can t sell their house. maybe the kids are not going to college. we keep telling people there are open jobs in this country. that person has to become either an accountant or a software worker or a medical worker or a truck driver, work in the energy industry. but how does that person, my viewer, get from unemployment and trained from the wrong thing into employment? i don t have the answer to that, nor does bob no matter what he says. what about this?