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Michele Bachmann's economic views
U.S. Rep. Michele Bachmann in Washington, D.C.
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STEVE CHIOTAKIS: Michele Bachmann has made a name for herself in the Tea Party. And the Tea Party brands itself as fiscally conservative with a pledge of low taxes and lowering the nation's budget deficit.
Well Ryan Lizza is a reporter for the New Yorker magazine. In this week's issue, he's got a story about how Michelle Bachmann came into her economic ideals. Ryan Lizza, welcome to Marketplace.
RYAN LIZZA: Good morning, thanks for having me.
CHIOTAKIS: You got it, how has Michelle Bachman gotten her economic philosophy?
LIZZA: In both the religious side of her policy portfolio and the economic side, she has talked about this time in her life when her father abandoned the family -- that thrust her family into poverty. On the economic side, she also used that story as the foundation of her anti-government, anti-spending, anti-welfare sentiments. In other words, if she got by, if she survived without the help of the government, then everyone else should, as well.
CHIOTAKIS: While she didn't get any assistance, perhaps when she was younger, she is getting assistance today, right? At the firm that she and her husband have and also in the farm subsidies, right?
LIZZA: Most of her and her husband's income has been from the government. She gets out of law school and works for, of all places, the IRS. Her husband, meanwhile, he's a psychologist. He starts a Christian counseling service, and you know, like anyone else in the medical profession, takes Medicare and Medicaid and to add to that, you know, her husband has received plentiful subsidies for a family farm in Wisconsin.
CHIOTAKIS: He was an evangelical at even a very young age -- how do you think that affected her economic views?
LIZZA: The thing that social conservatives and fiscal conservatives have in common is a suspicion of the government. That's the thing that keeps this coalition together. So it doesn't matter that one group cares about abortion, the other care about taxes. They both want the government out of their lives.
CHIOTAKIS: Do you see her economic views as evolving? Running for president, you kind of have to dart to the center, right?
LIZZA: Her whole life has been defined by the social issues -- she only got deeply involved in the economic issues in the last few years and now of course she's running for president, where the issue is spending -- that is the issue that she's embraced. So, there is a bit of a transformation here. I don't think that means that her views on social issues -- I don't think any of that has gone away. But, I think she's downplaying it now, because she knows it could turn off some of the voters she's trying to attract.
CHIOTAKIS: The article is called Leap of Faith. Ryan Lizza, reporter for the New Yorker . Thanks for being with us.
LIZZA: Hey, thanks for having me.
Home construction is literally running at 20% of production levels achieved when Allen Greenspan walked away from Constitution Avenue.
http://www.bagtreeok.com/
The main problem is that the current economic problems we are having are not republican or democrat anymore. They are caused by the excessive level of private debt which will not allow a recovery until that debt is reduced by $15T. Ms. Bachmann is not going to create any jobs or make Americans more healthy and encouraged by tearing down their hope. This problem will only be solved by individual Americans and private corporations cutting their debt, which the US Government can help accomplish by replacing the non-targeted Bush tax cuts with a targeted debt reduction credit and limited federal economic stimulus repeated each time jobs start being lost due to debt deceleration impacts.
Thanks Michele! You earned lot of votes for us. Lot of votes for the patient people of America the Beautiful. Patient wealthy folks, and patient dirt poor, singing the blues, indigent folks now thank you for getting the votes we need. Votes for running the crooks out of town. The crooks who have taken our efficiency and shipped it overseas for 30 pieces of silver to the traitors of our Beautiful Country. Thank you Michele for getting our country back.
Michele, did you know that a major news wire reported that An American Single Family Median Priced Home of $220,000 has a tax base of $90,000? Our homeowners and our construction companies paying 40% in tax when foreign slave-owners are importing into our country for 0% import duty and tariff? Our construction industry has been literally taxed out of business. Home construction is literally running at 20% of production levels achieved when Allen Greenspan walked away from Constitution Avenue.
Michele, did you know that our guber-ment allows Fed Gubernors to print Federal Reserve Notes to fund guarantees for foreign banker's excessive salaries/bonuses but does not allow our own Admirals and Generals to print up legal tender enough to fund proper weapons systems? Are our APC's and tanks doing dead-time for lack of repair parts? Have you seen the shambles that our combat-ready troops are in from lack of funds? Why you don't look sometimes. You will be appalled.
Dank wieder, Michele! Dank dafür, die Wahlen zu sammeln, die wir brauchen. Wahlen, die uns unser Land zurückgeben werden. Wahlen, die von fremden Sklavenmeistern unsere Anstellungsgelegenheiten zu uns zurückkommen werden. Dank, unser neuer Führer.
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pledge of low taxes and lowering the nation's budget deficit.
Well Ryan Lizza is a reporter
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Although I am not sure that I could trust M B, I sure do like her red car. Is it a Hummer, or a locomotive. Doesn't matter to me either way. I have always had a deep suspicion that beautiful women are untrustworthy. Then again looking at a beautiful president would be a welcome change for everyone. People The World Over could then stop blocking multimedia download and display on preferences tab of browser.
When our guber-ment converts our pocket change into taxes then spends it on socially-redeeming-value, does that always bid up the prices on health-care, retirement insurance, and exorbitant surgical frees? Sounds like a supply vs. demand equation to me. Tell me something! Before they take our pocket change to the cleaners would you suspect that they take a cut out of that socially acceptable contribution? Just a minuscule cut for themselves? A big fat cut? Would you believe the Lion's Share and a percentage of that for the Chicago Mob? Oh! They had a name change since their merger with the IM, International Mob.
Got it
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