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Transcripts For BLOOMBERG Bloomberg BusinessWeek 20170603

Were here with Bloomberg Businessweek editor in chief. Lets talk in the politics section. We heard promises along the campaign trail. That donald trump was not going to touch Social Security. He said hes got a big heart. Turns out that theres going to be a great deal of cuts. Roughly about 70 billion. And this is going to hit some of the people that supported him the most. Yeah. This is a perfect issue to look at what he actually said on the campaign trail and what he promised and whats actually happening in practice. We should be clear that the proposed cuts to Social Security and in this case disability benefits are part of a budget which is unlikely to proceed in the shape it is now. Why its so interesting is you hear a lot of rhetoric about Disability Insurance and benefits being something thats a subject of a tremendous amount of fraud. Thats being manipulated. Actually when you play it out, going and looking at this of how the used, a lot of these counties and areas of the countr

Transcripts For BLOOMBERG Bloomberg BusinessWeek 20170603

Were here with Bloomberg Businessweek editor in chief. Lets talk in the politics section. We heard promises along the campaign trail. That donald trump was not going to touch Social Security. He said hes got a big heart. Turns out that theres going to be a great deal of cuts. Roughly about 70 billion. And this is going to hit some of the people that supported him the most. Yeah. This is a perfect issue to look at what he actually said on the campaign trail and what he promised and whats actually happening in practice. We should be clear that the proposed cuts to Social Security and in this case disability benefits are part of a budget which is unlikely to proceed in the shape it is now. Why its so interesting is you hear a lot of rhetoric about Disability Insurance and benefits being something thats a subject of a tremendous amount of fraud. Thats being manipulated. Actually when you play it out, going and looking at this of how the used, a lot of these counties and areas of the countr

Transcripts For BLOOMBERG Bloomberg BusinessWeek 20170603

Were here with Bloomberg Businessweek editor in chief. Lets talk in the politics section. We heard promises along the campaign trail. That donald trump was not going to touch Social Security. He said hes got a big heart. Turns out that theres going to be a great deal of cuts. Roughly about 70 billion. And this is going to hit some of the people that supported him the most. Yeah. This is a perfect issue to look at what he actually said on the campaign trail and what he promised and whats actually happening in practice. We should be clear that the proposed cuts to Social Security and in this case disability benefits are part of a budget which is unlikely to proceed in the shape it is now. Why its so interesting is you hear a lot of rhetoric about Disability Insurance and benefits being something thats a subject of a tremendous amount of fraud. Thats being manipulated. Actually when you play it out, going and looking at this of how the used, a lot of these counties and areas of the countr

Transcripts For BLOOMBERG Bloomberg BusinessWeek 20170604

Be a great deal of cuts. Roughly about 70 billion. And this is going to hit some of the people that supported him the most. Yeah. This is a perfect issue to look at what he actually said on the campaign trail and what he promised and whats actually happening in practice. We should be clear that the proposed cuts to Social Security and in this case disability benefits are part of a budget which is unlikely to proceed in the shape it is now. Why its so interesting is you hear a lot of rhetoric about Disability Insurance and benefits being something thats a subject of a tremendous amount of fraud. Thats being manipulated. Actually when you play it out, going and looking at this of how the used, a lot of these counties and areas of the country that have the highest proportion of recipients of disability benefits are counties that trump carried about by sizable margins. That is because so many people who claim disability in this country and other western democracies are workers who were for

Transcripts For BLOOMBERG Bloomberg BusinessWeek 20170604

Be a great deal of cuts. Roughly about 70 billion. And this is going to hit some of the people that supported him the most. Yeah. This is a perfect issue to look at what he actually said on the campaign trail and what he promised and whats actually happening in practice. We should be clear that the proposed cuts to Social Security and in this case disability benefits are part of a budget which is unlikely to proceed in the shape it is now. Why its so interesting is you hear a lot of rhetoric about Disability Insurance and benefits being something thats a subject of a tremendous amount of fraud. Thats being manipulated. Actually when you play it out, going and looking at this of how the used, a lot of these counties and areas of the country that have the highest proportion of recipients of disability benefits are counties that trump carried about by sizable margins. That is because so many people who claim disability in this country and other western democracies are workers who were for

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