coolidge said, "you lose." if we had them talk, the president would go into a big explanation of why he was doing what he was doing, and mr. coolidge might just say, "not." they are not as experts in the field. they have played a role in public policy. they know what it takes to make public policy. that is what will make this panel so exciting. i wanted to tell you that if you went about an hour from here, you would come to the village of plymouth notch, where calvin coolidge was going -- born. if you went there on the fourth of july, you would find a crowd gathering by the general store, in a village surrounded by hills, that looks as if it was 100 years ago. visitors and tourists would be gathering at the store run by president coolidge's father. you might notice a small group from the vermont national guard, carrying a wreath at the white house sent. calvin coolidge was the only president born on the fourth of july. after a while, the color guard leaves this group across the road to the cemetery, where there

coolidge talking to mr. obama, expensive president would go into this big explanation of why he was doing what he was doing to mr. coolidge might just say, not. or he might say, my man. so, let me -- i'll take a few minutes to frame this distinguished panel we have. as david mentioned, what is unusual is where some of the best minds in the country, but they're not just is in the field, but they have played a role in public policy, so they know what it takes to make public policy. to that mix is what is going to make the panel so exciting. but i wanted to tell you that if you went about an hour from here you would come to the village of limits march, where calvin coolidge was born. if you happen to go there on the fourth of july, which i would urge all of you to do, you would find a crowd gathering by the general store in this village, surrounded by hills that looked as it did a hundred years ago. and there'd be visitors and tourists gathering at a store run by ethnic coolidge's father and after a while you m

coolidge talking to mr. obama our expense of president would go into this big explanation of why he was doing what he was doing, and mr. coolidge might just say not, or he might say my man. so, let me take just a few minutes to frame this distinguished panel we have and as david mentioned what is unusual love of hammill is we have some of the best minds in the country but they are not just experts in the field. they played the role in public policy. so, nobody takes to make public policy so that is i think what is going to make this panel so exciting. but i wanted to tell you that if you learned about an hour from here you would come to the village of plymouth knox where calvin coolidge was born and if you happened to go on the fourth of july which i would urge all of you to do, you would find a crowd gathering by the general store in this village that looks as it did 100 years ago. the would-be visitors and tourists and they would be gathering run by president coolidge's dhaka the to father and after awhile

coolidge talking to mr. obama, our president would go into a big explanation of why he was doing what he was doing, and mr. coolidge might just say, not. [laughter] or me might say, my man. so let me -- i'll take just a few minutes to frame this distinguished panel we have, and as david mentioned, what's unusual about the panel is we have some of the best minds in the country, but they are not just experts in their fields, but they playeded a role in public policy so they know what it takes to make public policy so that's what i think will make this panel so exciting, but i wanted to tell you that if you went about an hour from here, you would come to the village of plymouth notch where coolidge was born, and if you go there on the 4th of july, which i urge you all to do, you would find a crowd gathering by the general store in this village surrounded by hills as it looked 100 years ago, and there would be visitors and tourists, and they would be gathering at the store that was run by president coolidge's fa

coolidge would tell mr. obama that mr. coolidge was singularly short on his words, you probably heard the famous story that mr. coolidge, i made this big bet i can make you say three words. and coolidge looked at him and said he will say -- you lose. [laughter] and then he went into this big explanation as to why he was doing what he was doing. and he said not. or he might say my man. i will take just a few minutes to frame this distinguished panel we have. what is really unusual about this panel is some of the best minds in the country, but they are not just experts in the fields, but they have played a role in public policy. so that nobody -- everyone wants what it takes to make public policy. if you happen to go to work out and coolidge is born, which i would encourage all of you to do, you would find a crowd gathering by the general store in this village surrounded by hills that looks as it did 100 years ago. and visitors and tourists, and they would be gathering at the store that was run by president coolidge's father

then, a forum on economic lessons learned from the calvin coolidge administration. after that, rick santorum at the young americans foundation. tomorrow on "washington journal," bill kristol on the latest developments in the presidential race. and a look at the u.s. tax system with an mit professor who argues that america is not taxed enough, compared to other industrialized nations. and a look at a website that focuses on the african american community. with your calls, tweets, and e- mails, live on c-span. secretary of state hillary clinton recently concluded an 11 day trip to africa, where she visited six nations including south sudan, kenya, and south of africa. she visited the university of the western cape and talked to students about the global partnership between the united states and south africa. this 40 minute event from cape town is courtesy of the south african broadcasting corporation. >> when it was suggested that i deliver a speech in south africa, and we ask the south african embassy in washington, there was only one answer. the university of the we

she graduated high school when calvin coolidge was president.did we turn the miss florence tackler and for the moment she is socially as its girl. they said has confirmed that nearly a billion users she is the oldest registered user on the planets at 101. did we do not think it is cool that you're the oldest person using face of garth? >>> as know and sam matter of choice it just happens to be that way. >>> she got on base of two years ago after taking a computer class the local community center. she has funded about 700 people that is only updated about 2000 photos she was born in 1911 graduated high school in 1928 and college in 1932. the former schoolteacher postings like is in a good that we don't have to face politics on base book? i think you're very polite is that your approach on facebook? >>> 0 yes. in fact anyone who seems to be otherwise we get rid of. >>> all discovery vip tour of company headquarters, four and a half miles away from her house. she met mark zucker bergen says two is reserved. >>> to is very pleasant. but he wasn't lo

romney's now in search of his coolidge.has his theme which is precisely what harding ran on, a government attuned to the wants and needs of business, a government that knew its place when it came to corporate power, which is basically to stay out of the way and let those big boys make money. and that's what you hear his supporters and donors want. and that's what you can be sure romney stands ready to give them. as for obama, who i still believe has the brains and conscience to lead, seems to have settled on a single goal this summer, tear down his rival. incumbents don't look good when they do that, they look good to good when te ask the voters for a second endorsement. when they ask for a second term to do what they couldn't get done in one. i'm waiting for that moment when obama or romney offers something better than what we got before. something they wanted. america has been on the promise of something better, the candidate that creates a picture of something bold and true is going to get the brass ring, and the one who

this would give us the federal government of coolidge and hoover. >> eliot: if people bother to read history books which the other side of the aisle clearly-- >> i'm glad you made the point on the economics. when you cut back substantially you're not doing just social harm but economic harm because you do not have the spending power. it's now clear we would have unemployment below 8% if it weren't for the fact that republican policies have forced cities and states to layoff 700,000 people. firefighters, police officers, teachers public works employees, people who collect the garbage. people who shovel the snow. because they've been hit by the property tax collapse. they've been losing. we tried to help them out and the republicans said no, we got to preserve tax cuts for the wealthy and send money overseas to the military in unuseful ways, and the result has been 700,000 jobs lost from state and local governments over these past couple of years. >> and in a different domain, one that is near and dear to your heart certainly he said he wants to repeal dodd frank. he wants to go back t

as calvin coolidge once said, the business of america is business. one could argue that america in some ways was a corporation before it was even a country. that's my own diatribe. but it does raise the question. just as there's an issue to be raised around politics and money, how much of the fact that the epa is not stepping up has to do with the cozy relationship between epa and business? they are supposed to be looking out for us, but how much of this is an indictment on that relationship? >> i think there is some, and we talk about that. .e'll call it superfund anymore we call it super failure, and politics are involved. there are some loopholes in there and once it becomes a superfund site, that's for the people now politically in between government and big corporations, somewhere it's ghana get a pass. s very concerning. it is people that run these companies. nobody is ever going to convince me that a ceo would not care of his own child was poisoned. communities and companies go hand in hand. i am out there with these communities. they want the

then, economic lessons learned from the calvin coolidge

she graduated high school when calvin coolidge was president. >> her name is forints and for the moment she is a social media's bat girl, facebook has confirmed that out of 1 billion user she is the oldest registered user on the planet at 111. >> you don't think that it's cool that you are the oldest person on facebook? >> it just happens to be that way. >> she got on facebook two years ago after taking a computer class at a local community center, she has rented 700 people but only up loaded to dozen photos. she was born in 1911 and graduated high school in 1928 and college in 1932. the former schoolteacher post things like " isn't it good that we don't need to face politics on facebook? ". >> i have noticed that you are very polite, is that your approach on facebook? >> yes. anyone who seems to be otherwise, we get rid of. >> all of this got her a tour of company headquarters, 4.5 mi. away from her house. she got to meet mark zuckerberg and says he was reserved. >> it was very pleasant. but he was not looking for anyone to appreciate him. he was good enough within himself. >> the face

running on the coolidge economy. if there was an admission that obama doesn't have anything he can run on and they are somewhat running scared, when you have to go back, what is it a decade? say look how he did. ignore the four years i've been in office. pretend it's the clinton re-election campaign. >> bret: so, as we look at number four, president obama handling of the economy. the fox poll, casey, 42% approve. 54% disapprove. is the romney campaign looking at this saying maybe we should go back to just the economy every day? or are they thinking this medicare pitch is working? what is the inside track. >> with medicare they want to be careful to make sure they were seen as on the offensive. on the other hand, they haven't made a decision that, you know, they know that the economy is really the over arching thing. unemployment is over 8%. that is a reality not likely to change between now and november. it's something they see baked in. folks might watch the news, on any given night, but they are experiencing the ec

ulysses-esque rant, coolidge, harding, we could also include a not, eisenhower and reagan, but eisenhower came in immediately after his presidency in the first poll afterwards after the arthur's seniors lessened her second hole, with terrible ratings. down there with chet arthur. [laughter] the first johnson, andrew johnson, chet arthur who was a nonentity and andrew johnson who lost control of the government and the country he was supposed to lead. and i thought that was kind of remarkable that historians would put eisenhower there. almost immediately he began to rise up. he is now consistently in the near great category. reagan was also next-door to chet arthur. and he is moving up. he hasn't reached the level, except in the most recent poll in 2005 by "the wall street journal." so what about the president that the voters didn't care for? well, one that i really have to talk about, maybe stir up some energy in the room, is president wilson. the voters really couldn't wait to get rid of that guy by the end of his second term. cleveland is a case in point. john adams and harry truman. har

so i think edison would come down on the kind of partying coolidge view that we get out of recessionsone person at a time locally coming municipally, states that and we don't look at federal government for job creation, but that we do look to it for a stable, rational rules of the game but assist everyone, but i voted against the farmer or even murdered for the farmer in that respect. so i think it puts in straggling, if you build come in the sense that he recognizes there's a role, recognizes there's a federal role, but in terms of today's action and activism, i would think he would just be astounded. yeah, that is going to have to speak for himself. there's probably a stack of documents somewhere that someone is writing. or it may be in one of the edison projects volume. and -- anything else? yeah. you know, i certainly want to thank everyone for coming. if you've got the book and enjoyed it can detain you back. if you don't have the boat, for those of you not hear, www.amazon.com. e. versions and the paperback. or www.dot harvesting gold.com, all one word. please feel free to e-mai

romney's now in search of his coolidge.eme, a government attuned to the wants and needs of business, a government that knew its place, stay out of the way and let the big boys make money. that's what you hear his supporters and donors want and what you're sure romney is ready to give them. obama, who has the brains and conscience to lead, seems to settle on a single goal, tear down his rival. incumbents don't look good when they do that, they look good to ask for a second term to do with what they couldn't get done in one, couldn't get right in one. i'm waiting for the moment when obama or romney offers something what we got before. something they wanted. america has been on the promise of something better, the candidate that creates a picture of something bold and true is going to get the brass ring, and the one who plays it safe will not. i didn't get interested in politics at the age of five to watch two guys avoid being leaders. let's hope the convention shake this thing up and we start hearing about the sharp differenc

presidents that the voters liked and historians considered in a negative light; grant, harding, coolidge. we could, we could also include in that ike and reagan because ike, especially eisenhower and reagan, too, but eisenhower came in immediately after his presidency in the first poll afterwards, arthur schlesinger's second poll in 1982, had a terrible rating. the first johnson, andrew johnson, arthur was a nonentity and andrew johnson who lost control of the government and the country that he was suppose today lead. and i thought that was kind of remarkable that historians would put eisenhower there. almost immediately he began to rise out, and he's now consistently in the near-great category. and reagan also initially was down there, he also was next the to chet arthur, and he's moving up, but he hasn't reached the level except in the most recent poll in 2005 by "the wall street journal." so what about the presidents' history that the voters didn't care for? one that i really have to talk about, maybe stir up some energy in the room s wilson. the voters really couldn't wait to get rid

interestingly, during the 1920s and '30s and not just presidents hoover and coolidge insisted that there should be no payment to healthy veterans, but even franklin roosevelt insisted the same thing. healthy veterans are not entitled to anything from the republic for simply doing their duty. he changed his mind during the second world war, fortunately. i've also reflected on the composition of the military today. when the all-volunteer force was approved in 1973, there was really a great fear on the part of many that the military would become a force composed of the poor and the minorities. this really has not happened today. but it's not a representative force either. it's more rural than urban, it's more southern and western, small town west than it is northern and eastern. there are very few college-educated people serving in the military. and it's my strong impression, although there's no evidence that i can get on this, that it's also more generational. many of the people serving today are sons or daughters of people who have served in the military. and that sort of continues the de

and that seems to me to be a fundamental difference between coolidge. this comes back to that spotters point about humility. my question is, how do you return to a state of affairs in which there's more responsibility for their own affairs and have less responsibility to the federal government in washington? >> so let's start with the resurgence of protectionism. anyone want to take a shot at that? >> i had a couple thoughts. >> for some outcome of "the wall street journal" op-ed two weeks ago was exactly on that issue. while i was not worried about it for many quarters that the financial crisis, there were worrisome signs others are beginning to intervene. the problem is that affects our exports. one of the bright parts of the u.s. economy during the financial crisis in there after his export keep the economy going. we always hear about imports and trade deficit, but experts have been very good at creating a lot of jobs. to the extent other countries restrict trade, they restrict export and matches with a further tent in the u.s. economy. so it's somet

and that seems to me to be a fundamental difference between coolidge. this comes back to that spotters point about humility. my question is, how do you return to a state of affairs in which there's more responsibility for their own affairs and have less responsibility to the federal government in washington? >> so let's start with the resurgence of protectionism. anyone want to take a shot at that? >> i had a couple thoughts. >> for some outcome of "the wall street journal" op-ed two weeks ago was exactly on that issue. while i was not worried about it for many quarters that the financial crisis, there were worrisome signs others are beginning to intervene. the problem is that affects our exports. one of the bright parts of the u.s. economy during the financial crisis in there after his export keep the economy going. we always hear about imports and trade deficit, but experts have been very good at creating a lot of jobs. to the extent other countries restrict trade, they restrict export and matches with a further tent in the u.s. economy. so it's somet

davis who lost to calvin coolidge. >> thank you, bill. >>> do you lose weight and put it back on againearch says don't stop trying. we'll tell you what the doctors are saying about yo-yo diet on "cbs this morning." at usaa, we believe honor is not exclusive to the military, and commitment is not limited to one's military oath. the same set of values that drive our nation's military are the ones we used to build usaa bank. with our award winning apps that allow you to transfer funds, pay bills or manage your finances anywhere, anytime. so that wherever your duty takes you, usaa bank goes with you. visit us online to learn what makes our bank so different. and every day since, two years ago, the people of bp made a commitment to the gulf. we've worked hard to keep it. bp has paid over twenty-three billion dollars to help people and businesses who were affected, and to cover cleanup costs. today, the beaches and gulf are open for everyone to enjoy -- and many areas are reporting their best tourism seasons in years. we've shared what we've learned with governments and across the industry s

8:00 eastern here on c-span2, a discussion on the economic lessons from the presidency of calvin coolidge, former vermont governor howard dean was among those participating, and he talked about what he thinks it will take to balance the federal budget. >> i actually think that we ought to go with the fiscal cliff. horrifies almost everyone in washington, but i'll tell you why. there is no chance he will go back to the clinton tax rates unless we do that, and we need to. secondly, there is no chance to look at the defense budget unless we do that, and we need to cut the defense budget. and, yet, there are some things that will be very painful for those of us. and it will tip us into the recession according to the congressional budget officers. the non-partisan people in the country as far as i can tell. and with the decline for two consecutive quarters and the increase over the year, is a very tough fight, but if there is going to be no agreement with washington and these people, the fact is we need to do these things. we cannot go on with the kind of deficits we have, and people have been

when another massachusetts governor, calvin coolidge got the republican mnomination for president.s get to stay in the luxurious waterfront hotel, the same one mitt romney is using, steps away from the convention center. instead of a motel miles away from the city. >> the massachusetts miracle is really the massachusetts mirage. >> in 1988, a few thousand -- when michael dukakis and john kerry were the democrats' nominees. the mere mention of the state of massachusetts in a gop convention hall brought choruses of derision. >> and no hair has been more wrong, more loudly more often than the two senators from massachusetts, ted kennedy and john kerry. >> in tampa, it's a different story. >> we're from massachusetts or miss-chews et cetera. >> do you have to explain a lot of -- >> the big question is we get is how did you you like him as governor? what were some of the things impressed by when he was governor? >> the great commonwealth of massachusetts unanimously and proudly casts all 41 of our votes for mitt romney and paul ryan. >> from the massachusetts delegation, they're loving

calvin coolidge. this is something we talk about all the time. joe biden is not going anywhere.e was never going anywhere. i don't believe hillary clinton was ever approached. this is bunch of nonsense and diversion from real issues at hand here. jon: all right. what about it from a republican standpoint? is joe biden -- >> from republican standpoint, we love joe biden the gift that keeps on giving. julie is right, to this extent whenever poll numbers are down for candidate or president, they start talking about whether or not the vice president is a liability for a candidate at the top of the ticket and there are all these questions, right? what is interesting to me though the left has been driving this narrative since the selection of paul ryan last week whether or not ryan might be a liability for mitt romney. but reality is there is no bigger liability as vice president than joe biden. and i think the president knows that but he is loyal to the vice president. >> he is not a liability. look, bottom line joe biden has been a great foot soldier for barack obama and great partn

, if you look at the advisory, a republican nominee has not come from massachusetts since calvin coolidgeit has literally been generations since they've had this opportunity. and they, of course, are going to be watching and listening to what their nominee says, just like everybody else. you know, it is almost cliche, brooke, to say how important this kind of speech is for any party's nominee. but particularly for mitt romney's, since even republicans admit, the obama campaign has done such a good job throughout the entire summer of spending so much money, defining for him, and defining him in a way that republicans do not like, and it has hurt him when it comes to his favorability ratings. he really has to change that tonight in a big way. and that is what everybody is going to be watching and listening for here. >> in addition to, of course, the man of the evening, mitt romney, we mentioned a couple of other big speakers, including jeb bush. what do we think the forme eside. now the time has come for mitt romney to tell us himself. some say it's do or die for him tonight. i take a look

and -- calvin coolidge and were more than just friends."rs. at the same time, he is always very pleasant. he never raises his voice. it is always in mellifluous tones and has a litlt -- lilt to it. it occurred to me that baby -- maybe richard nixon hooked up with doris day. >> thank you for the unique introduction. and, i think, generous. i have been asked to talk about economic and foreign-policy, domestic policy, and how they interact. are two ways in which they interact. there is the reality of economic a solid -- economic policy and whether it works or not. and, since we are talking about politics, you can win or lose an election on one set of issues, even though you think you're focusing on another set of issues. koren policy and economic policy played out in a campaign -- foreign policy and economic policy played out in a campaign, but they also play out in government. obviously, economics matter. united states is the preeminent world power and has been for some time because of its economic policies. it has a more free and more open s

they got beat to a pulp by calvin coolidge. having a national broadcast of the donnybrooks in your own party, the warfare among factions of what's supposed to be your own side. worries about that sort of thing was a real problem for the detectives in the first broadcast in 1924. but they're often a concern and a vexing concern for the planners of this year's convention for the republican party. here's a visual clue from today's short coverage as to that worry. look at the news coverage today, the few seconds that did technically exist of the rnc proceedings. there's reince priebus in this big arena that has not all that many people up. they have the signage, the vertical signs for when the sign will fill up with delegates. they seat delegations by state because of the one important piece of business that has to happen at these conventions. they have to do a roll call, so every state one after the other, declares who that state's choice is to be the nominee for the republican party of the president of the united states. this is

it's always been said even back in -- during calvin coolidge during the roaring 20's things did so well because of the cuts, if you allow the market to fail, then people like myself, i could go out and buy these homes and the market would turn around and start right back. as long as the federal government sticks its nose in the place where it absolutely does not belong, then people like me, we don't have a chance to invest in these places. the market will rise and the narkt will fall, but it takes my money and redistribute it into general motors and all these different things, i believe it's totally wrong. i would like to know what gives them the constitutional power to redistribute america's money. host: all right. we'll leave it there, eric. caller: it's an important idea. and that philosophy, which i have to say, that was president hoover's treasury secretary, his famous line of liquidate real estate. essentially let's purge the rot out of the system. there are a lot of people who hold those beliefs and in my book they're sort of represented by the former governor of south carolina w

it has always been said that even during coolidge, the early twenties, because of the cats, if you allow the market to sell when people like myself, icky go out and buy these homes. the market would turn around and start right back. the federal government sticks its nose in a place for an absolutely does not belong. people like me, we don't have a chance to invest in these places. .. his famous line about liquidate real-estate. let's purge the broaden this out of the system. there are people, a lot of people -- in my book they are represented by the former governor of south carolina mark sanford who is an extremely principled conservative who told me that essentially he thinks we should have just had a depression. we needed more pain. if that is what we needed to get through to fix the system we should have done that. the problem is -- i hope i am allowed to see this on c-span but as one of the president's economic aides and a student of the depression told me, depressions really really suck. they create a believable human suffering and they also create unbelievable deficits. when people

governor howard dean along with a panel of economists discussed would advise president coolidge might offer to the two candidates now running for president. >> returning now to the aspen institute security forum in colorado last month. next up, a panel of national security officials for bush and the obama administration talk about the role of the white house in counterterrorism and national security. [inaudible conversations] >> all right, everyone. we're going to get started now.t this next panel will focus on the white house role in counterterrorism. mo moderating his michael crowley. michael is a senior correspondent for time. writes e obama administration and national security issues. he wrote about foreign-policy for the new republic. he has also written for new york magazine, gq, slate, and the new york times magazine. his major articles in recent years have included profile of a white house counter-terrorism chief john brennan, former defense secretary robert gates, and efforts to combat the risk of nuclear terrorism. michael. >> thank you. i am going to briefly introduce our p

let's face it, during the 20s we had this coolidge crowd, which is basically laissez faire.ssion. the market will fix itself. these guys are -- now we've had exercise with bush more legen y legendly -- we already have your effect of this. we don't know what's going to work. the odd thing is the united states government since 1946 said it's the job of the federal government to ensure full employment. even though democrats have been more big government in washington's point of view and republican say they're for states right and keep republicans out of our issues, that's one of the great ironies of the considerate's argument. this government want me to differ my food but this is the time and by the way, it didn't work forush and it hasn't worked lately. >> bush was a great. >> we have the obama tax regimes right now. >> you skk. >> when are you speaking at the convention? what about cheney? dick cheney? pronounce it, mispronounce it if you want to. do what everybody else does. >> when is george w. bush? with. >> what night is he speaking? would it be before or after. >> i know

. >>> hosted by the calvin coolidge foundation tonight >>> i actually think however that re-ride fiscal cliff, and horrified as almost everybody in washington. but i will tell you why. there is no chance that we are going to go back to the clinton tax rates on as we do that, and we need to go back to the clinton tax rates. secondly, there is no chance we are going to cut the defense budget as we do that and we need to cut the defense budget. it hasn't been cut in 30 years. is there will be things that are painful for those of us on the progress of sight, and it will send us, tip us into a recession according to the congressional budget office that is a non-partisan people of the country as far as i can tell that look at the budget. and we will see 1.3% decline for two consecutive quarters, and then 2.3% increase over the year. it's a very tough price, but it's the only way if there is good to be no agreement in washington, these people will also agree with roger completely out to lunch. but the fact is we need to do these things. we cannot go on with the kind of deficits we have come an

friend bob novak, the late columnist, when he said that bob novak is proof positive that calvin coolidge and mop parker were more than just casual acquaintances. [laughter] i thought about that when i thought about grover because he is a remarkable combination. i think it is fair to say that he is a bit of a slasher. he takes a rapier to his opponents. he takes no prisoners. at the same time, he is always very pleasant. he never raises his voice, which is projected in mellifluous tones and has kind of a lilt to it. it occurred to me that, maybe, back in the 1950's, richard nixon somehow hooked up with doris day. i'm not sure. [laughter] in any event, grover. >> thank you for the unique introduction. i have been talking about domestic policy and foreign policy and how they interact. there is the reality of economic policy and whether it works or not and, since we are now headed toward november and talking about politics, you can win or lose an election on one set of issues, even though you think you are focusing on another set of issues. foreign policy and economic policy play out in a ca

good friend bob novak, the late columnist, when he said "bob novak is proof positive that calvin coolidge and -- were more than just friends." grover takes a rapier to his opponents. he takes no prisoners. at the same time, he is always very pleasant. he never raises his voice. it is always in mellifluous tones and has a lilt to it. it occurred to me that maybe richard nixon hooked up with doris day. >> thank you for the unique introduction. and, i think, generous. i have been asked to talk about economic and foreign-policy, domestic policy, and how they interact. are two ways in which they interact. there is the reality of economic policy and whether it works or not. and since we are talking about politics, you can win or lose an election on one set of issues, even though you think you're focusing on another set of issues. foreign policy and economic policy play out in a campaign, but they also play out in government. obviously, economics matter. the united states is the preeminent world power and has been for some time because of its economic policies. it has a more free and more open s

go to the coolidge administration, the kennedy administration, the reagan administration, the bush administration. every time we lowered marginal rates, every time we have simplified the tax code, not only have we ignited economic growth but we've actually received more tax revenues. and yet my friends on the other side of the aisle and the president, they want to defend the status quo only more so. and now i wake up this morning to discover that as they defend the global system that even our olympians are going to be taxed on their olympic medals. so we had a president who told every small business man in american and every small business woman, you didn't built that. by defending -- you didn't build that. they're telling our olympians, you didn't win that. that's what it is about today, more taxes, fewer jobs. thank you. the speaker pro tempore: the gentleman from michigan, mr. levin. mr. levin: i now yield four minutes to the distinguished member of our committee, mr. thompson of california. the speaker pro tempore: the gentleman from california is recognized for four minutes. thompson thompso

clinton is very much in the reagan light, he is very much in the kennedy light and very much in the coolidgem glad you brought up bill clinton, the argument the obama white house says, we need to let the bush tax cuts expire and we sill go back to the era at -- will go back to the era at which the clinton tax cuts were on the upper class and will be raised on the upper class and the obama administration points to that, do you disagree with their assessment of the clinton years as it relates to taxes? >> totally. i mean, totally. they raised the highest marginal income tax rate. that is true but they also cut the capital gains tax and cut government spending, a huge amount. i mean, if you look at that number, it went down by 3.5 percentage points and the exact and sit of george w. bush and barack obama. and, then you got rid of the retirement tax on social security and, nafta, a clinton did a great job on the economy and yes. he did some things wrong and i was a fan for clintons and i voted for him twice and i'm still proud of it. >> alisyn: do you think simply keeping taxes where they are no