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We talked about your psychologist talked about it. mitt romney really does have a challenge connecting to people but his issues are right. i disagree with chris on that. his issues should be about the economy. unemployment is higher. a gallon of gas is $4 a gallon. it was $1.89 when he took office. there is a $16 trillion debt of what he added $4.5 trillion. these are huge issues fundamental to the future of our country and mitt romney needs to address those passionately. i ve seen him do it. if he does it he can win this race in november. good to have you on the program. thank you very much. also making news this morning take a look at these live pictures. this is the space shuttle endeavour going west. it s in the air right now and it s on its way to los angeles. the new home at the california science center. endeavour flew 25 missions and circled the earth 4700 times. a new education campaign tells illegal immigrants to stay silent if they re pulled over. this is in respon ....
People don t gripe about it anymore? do you like paying 3.72 a gallon for gas? i was in europe, it s not that different from what they re pay not guilty europe. we used to say all the time, wow. those europeans have a bad rap. they re paying so much for gas. pretty much the same now. steve: over there, it s expressing liters in ounces and gallons. when i talk to my friends about the high cost of gas and usually it s the guy pumping the gas into the can, i ask how many people complain? he goes everybody. eric, you detailed since this president took office, the cost of a gallon of gas has over doubled. eric: 103% higher. the difference is when he took office, president obama raised his right hand january 20, 1.73, it s 3.72. that s 1.78 a gallon more. let s put it in perspective. we use 139 billion gallons of gasoline in america per year. so if you take the 1.89, multiply it by 139 billion, you ....
First year, stephen. what did you say? after six round of tax increases. we raised taxes in 82, 83, 84 and 86. did reagan cut taxes or raise them? he cut them in one year and then raised them in six years. the rates came down from 78% to 28%. that s a pretty big reduction in rates. the point i m making, norm. i think you would agree with this. i do want more tax revenues to come in. we re not going to reduce this deficit just by fiscal triage and just cutting all these programs. we need to also have a lot more revenues and the way to do that is to increase the economic growth rate in this country. we re only grown at 1.89%. we re never going to get the revenues. we should all get be sitting in look, i will proudly carry the banner of pro-tax but not the banner of anti-growth. i also want robust growth. ....
That are put in place to make their way to the pump. all those things he talked about, even if obama had done all of them, wouldn t be affecting gas prices today. meantime, we ve had newt gingrich. he has gotten traction on this talk about 2:50 a gallon gas. here is something he said. it was $1.13 a gallon when i was speaker. that s a fact. it s $1.89 a gallon when he became president. that s a historic fact. i m not trying to take us to some magic land. i m trying to get to a world we can call prooep obama. give us a fact check. he s trying to fend off critics that goes goes to $2.50. this is a three pinocchio claim. because the problem there is you have to look at inflation ....
Pipeline immediately and that could being built within a year. there are a number of steps like that. i would sign opening up the gulf off louisiana and texas, 400,000 barrels a day. the folks in louisiana believe that could turn around very fast, once they knew it was coming. see there are steps you could take that would dramatically lower the price of gasoline. $2.50 is not irrational of it was $1.89 when obamma was sworn. so you can imagine the circumstances below $2.50. the key thing is the direction i would take the country is towards developing our energy resources to be independent of the middle-east so that no american president would ever bah to a saudi king. the direction the president is taking the country is greater dependence on much more expensive gasoline, maybe ultimately as high as $9 or their 10 a gallon, which is what ....