there are good indicators the economy is starting to take off. charles. you measure the growth rate by the growth of the economy. i think we ll probably be around 3% which of course historically would be the weakest since second world war. people have the sense it isn t recovery. under reagan, rebound was sharp and fast, regrowth rate of 7-9%. people had the sense of morning in america that it was actually true. here you ve got a flat line recovery slightly accelerating. two reason, the price of money is zero. federal reserve decided anybody that wants to expand can borrow. that is helping. to the extent that there s any demand out there. the second is that the price of energy has declined because of the boom and fracking resolution. which gives us after decades some advantage over the third
under reagan. more debt added to do you understand why that happened? that s a fact. you don t understand why that happened? oh, my god! of course you do. oh the worst financial economic crisis since the great depression happened before barack obama. you can t blame everything on that, sir. i agree with you. listen, the president you are. six years now, he has to take responsibility for the economy and help get us out. you just said he is not. it is not all of his fault. you can t just make a blanket statement like that. listen, i have to run. my producers are yelling at me. no, i don t have a budget. i live below my means so i don t have to have a budget. he is just a guy cleaning up around washington monument. so what senators can t take care of right now, brigs and stratton is. my interview with the lawn more man, chris cox, coming up next.
america, what the president is saying is a red line and they re not doing anything about it looks weak. that is the problem. he did nothing after last aught august s red line. nothing to build a coalition. that s true, cokie, that formulation may have worked in 1986 when reagan decided to drop some bombs on libya and america felt stronger for it. it doesn t work 12 years after 9/11 and this war. day of the axelrod, let s bring you in here. what do you make of the litany of criticism that followed the president s speech last night? well, i was interested in the discussion you were just having. it really speaks to the challenge that the president faced last night. given that challenge, i think he did reasonably well. he had to thread a needle. he had to make a case this was a strategic moral importance that we had to act but re-assure people that we could act in a limited way and wasn t going to be another iraq. he had to make the case for attack an diplomacy. that at very, ver
we care more when it s in ourself interest to care. right and to use a phrase that i think craig night have run across once or twice, we are a city on a shining hill. fen e when you think of that image, these are people out there, looking up, aspiring, not necessarily that we are going in, saving them. craig, before we leave, we bought the to, mark a moment in the development of the republican party. you and i have been on one side, not in this durnt conflict. on one side of the republican party, there have been more non-interventionists. the republican party moved far away. yes. from where we were in the 1980s, under reagan, where we were in the 1950s under ike, where we were in the 1990s, even. right. it s safe to say the neocons are on the run. this last crisis have shown they are at lowest until another republican president is sworn in, they re in the overwhelming minority republican party.
kpunktion about saying it. they firmly believe what has to be done and are willing to stand behind it, those are the people i admire. what are the chances those people would get a nomination in the republican party? probably not big? i don t why would that be the case? because they are outside the mainstream of republican politics as you outlined it. well, i don t think the ma mainstream republican politics can t be beat. there s a battle for the party going on, it would be a tough battle, but there s no other option. you don t want to go third party. that just ensures the democrats are a majority party forever. you don t want to do that, so you have to do what you can to work within the republican party to take it over. i think the right conservative candidate can score reagan did did.