Carly Fiorina FLUMMOXED On Spending CUTS

[Segami]

Run time: 07:14 https://www.youtube.com/watch?v=BesYn5--wxk   Posted on YouTube: October 17, 2010 By YouTube Member: fshakir1 Views on YouTube: 301   Posted on DU: October 17, 2010 By DU Member: Segami Views on DU: 1312

 
:rofl::rofl::rofl: People should cough out ' BULLSHIT ' everytime Fiorina opens her mouth to deliver her drivel.



A Frustrated Wallace Asks Fiorina 7 TIMES to Give Him One Solution To Cut Spending


Today on Fox News Sunday, host Chris Wallace gave Fiorina a chance to lay out her actual plan. Touting her “tough, bottom-line business executive” motto, Wallace pointed out that Fiorina also wants “to extend all, all the Bush tax cuts which would add $4 trillion dollars to the deficit…where are you going to find $4 trillion dollars to cut?” But when Fiorina retreated to recycled response of government waste and an earmarks ban, a frustrated Wallace begged Fiorina seven times to “name one single entitlement expenditure you’re willing to cut” because “that’s where the money is.” Fiorina’s only response? “You’re asking a typical political question”:


<http://thinkprogress.org/2010/10/17/fiorina-spending-flummoxed/>

[bluestateguy]

1. "Well uh, waste, fraud and abuse"

That's the stock answer that you give, and regrettably many corporate media bobbleheads let them get away with that.

[zbdent]

5. and, if it were a dem/lib saying that they wanted to cut waste, fraud, and abuse,

the ads would be saying "Democrat X wants to cut millions of dollars from plan Y!"

Think I'm making it up?

In Ohio, there's a Dem who is being pilloried for "cutting millions of dollars from Medicare" ... but if you eliminate "waste, fraud, and abuse", doesn't that "cut" millions from Medicare? I guess that's too much "regulation", cutting "waste, fraud, and abuse"!!!

[elleng]

2. Yes, a typical political question to a person seeking a typical political position!

Good for Wallace!

[Moostache]

3. What else do you expect?

I see the face, the corporate feces logo in the corner and I can recite the script to you without even hearing a word of it (though I did suffer through about 4 minutes of that clip)....

The bottom line is that arguing tax cuts with a Republican is like arguing Jesus with a X-tian or Mohammed with a Muslim...its a matter of faith for them, and no amount of rational evidence to the contrary is EVER going to pierce that bubble...

Facts - like the weakest job growth EVER under Bush and his supposed "magic" tax cuts - simply do not compute and cannot be allowed no matter what, so you sound like Fiorina did in that clip.

[Charleston Chew]

4. Holding Carly Fiorina Accountable on Jobs

http://www.democraticunderground.com/discuss/duboard.php?az=view_all&address=385x515414

[Plucketeer]

6. Sorry Carly!

Boxer has already put you down for the count!

[laurel46]

7. Government waste

The US deficit for FY 2010 is about $1.3 trillion. Even with GDP of nearly $15 trillion per year, such debt is unsustainable. There are three ways of getting the deficits down: lower spending, raise taxes or lower unemployment.

Like many Republicans, Fiorina believes that lower government spending and cutting taxes will create jobs. This is repeated so often that many believe it, yet it is hard to see how cutting taxes on the wealthy create jobs. Indeed, a similar process is already underway at the Fed, called quantitative easing. The idea is that lower long term interest rates will make businesses more willing to hire. But America's multinationals are NOT doing that. Instead, they are improving their financial balance sheet for fear of the future. Individuals are also saving at unprecedented rates.

Lowering tax rates on the wealthy does increase a few job opportunities for servants, butlers and maids, but for the most part just increases the gap between rich and poor. Lower taxes on the poor, on the other hand, provide money that has to be spent for current expenditures. Thus lower taxes on the poor and middle class, say those families earning less than $250K per year, does make some sense.

But raising taxes on the wealthy also makes sense, particularly if the new revenues are put into new jobs. China has the right idea with its economic stimulus package which is constructing high-speed rail that will connect Beijing, Shanghai, Hong Kong and dozens of other cities. The US needs a similar program. It also needs to be spending more on education and more on WPA type jobs such as those introduced by FDR. That is sometimes called Keynesian spending, but with deficits so high, it makes sense to PAY FOR KEYNESIAN STIMULUS by taxing the wealthy.

The point is that lower spending is not the answer. Higher government spending coupled with additional spending to create jobs (which the private sector is NOT NOW PRODUCING) is the correct answer.

Too bad Barbara Boxer is not more articulate in expressing this position, which I believe is what the Democrats SHOULD be saying. Needless to say, Fiorina would be far worse.

[Barbara2423]

8. Republican candidates want people to believe they can make

changes by themselves. In reality it takes votes. They never mention working together with other legislators.

[watajob]

9. Chris Wallace is starting...

... to go off the reservation as much as Sheppard Smith. Roger and Rupert must be mainlining the Prevacid! :D