. >> stephen moore is an editorial writer with "wall street journal." i have to tell you, you know, one word i haven't heard all week is bane capital. i haven't seen a focus on jobs and economy. does the ryan selection take voters away from an economy that is still very much struggling? >> let me first say for full disclosure, i've been friends with paul ryan for 20 years. so i have a personal bias. i just love the guy. i think he was a great pick for the republicans. you know, what i think that the impact of paul ryan being on this ticket is that it kind of raises the stakes. it makes this campaign even more so about big substantive issues, not just jobs and the economy. you're right, those are issues number one and number two. but also what are we going to do about this big budget deficit? what are we going to do about the tax probe? >> take on issues one and two head on first. >> because, poppy, i think that the case that paul ryan and mitt romney have to make is these are all tied together. that just as you need a strong economy to get the ducks to

stephen moore, the defending attorney. mr. moore is the distinguished member of "the wall street journal" editorial board and author of several books. rich states, poor states, return to prosperity, how america can regain its economic superpower status. he received his ma from george mason university, he is a strong advocate of the flat tax, social security privatization and free trade. he is considered one of the premier supply side economists in the united states. mr. moore, will you give us your opening statement? >> thank you, your honor. >> very good. >> thank you, members of the jury. i would like to start by saying that i believe that this trial is a farce and a miscarriage of justice. i work for the wall street journal so, of course, i'm going to defend wall street. i would submit, and our defense, your honor, boils down to this: that it is the wrong people and the wrong institutions that are being put on trial here this afternoon. now, let me start by saying, by making some admissions about some of the mistakes that we

let me take it back to stephen moore. i heard you agreeing with progressive. you think that's okay.ve to take the 74,000 pages down to, i don't know, 500 pages. that means cutting out a lot of things people want. >> that's right. and i've always believed that this is the ultimate washington versus america issue. america, businesses, households want the simpler system that's easier to comply with that doesn't, you know, take weeks to figure out your tax burden. but nobody in washington, nobody in this town i'm in now wants tax reform. none of the lobbyists want it. none of the members of congress want this. if you look back at 1986, you remember this david, people said this can't work. and you know what, a miracle happened. they got rid of a lot of the pollution and all of those loopholes in the tax system. they cut the rates almost in half. so what i'm saying is i think 2013, i really believe it's the year when all the stars are going to be aligned and we're going to get this done. in part, because the whole system is a train wreck. >> 2013 is the year i'm going to be mistaken for b

joining us is stephen moore and matt bennett. great to see both of you tonight. president obama saw this today, obviously it played to exactly what he wanted to hear. here's what he had to say at a campaign stop. >> just today an independent, nonpartisan organization, they crunched all the numbers. they looked at his plan. they found that if governor romney wants to keep his word and pay for this plan of -- this $5 trillion tax cut, the only way to do it is to cut tax breaks that you, middle class families, depend on. >> he needs to fight back, don't you agree, to just lay it out more clearly? how can he do that? >> he can't allow the liberal groups like the brookings institute, to say this is a tax increase on anyone. as you know, the centerpiece of the plan is to cut the tax rates across the board by some 10% or 15%. >> on the marginal rates. >> i think that grows the economy. i'm a supply sider. i think lower rates provide more growth for the economy. i don't think it's unreasonable to think with this and other growth policies we could have a 4% growth rate wh

. >> sorry, stephen moore. >> i'm so happy to learn you read "atlas slug." >> thank you so much stephenmember the frenzy around facebook's ipo? they lost half of their value since the debut. coming up, we're going to ask the question that is on everyone's mind. [ pilot ] now when you build an aircraft, you want to make sure it goes up and stays up. [ chirp ] with android apps, you get better quality control. so our test flights are less stressful. i've got a lot of paperwork, and time is everything here. that's why i upgraded to the new sprint direct connect. [ chirp ] and the fastest push-to-talk nationwide. [ male announcer ] upgrade to the new "done." [ chirp ] with access to the fastest push to talk, three times the coverage, and android productivity apps. now when you buy one motorola admiral rugged smartphone, for ninety nine ninety nine, you'll get one free. visit a sprint store, or call eight five five, eight seven eight, four biz. [ male announcer ] if you think even the best bed can only lie there... ask me what it's like when my tempur-pedic moves. [ male announcer ] ...talk

stephen moore, let me start with you, because you were probably thrilled when bernanke said 2 millions and you could divide the $2.3 trillion and get $1.2 million per job. that's a pretty high number. >> yeah, sure is. i was hardly thrilled by it. if we're going to put another let's say 1 million people to work, we're going to have to print $1 trillion more. i'm not sure that's such a good bargain. i'm not so sure. i'm not as rosy as you are about his performance, bernanke and the fed's performance, over the last three or four years. it is true, they printed several trillion dollars. we've had a couple million jobs created. it's also true, erin, with this record amount of money creation and low interest rates we've had the lousiest job creation in any post world war ii recession since the great depression. so where is the evidence that this works? one last point if i may. >> yep. >> you asked the question, is this going to bail out barack obama, is the push for kqe3 goig to help obama get re-elected? i doubt it. doesn't matter what the fed does at this point in my opinion. because it

stephen moore, member of the prestigious editorial board of "the wall street journal," defender of financial institutions everywhere and the conscience of wall street itself. mr. moore, will you please stand? very good. you are already wonderfully taking directions. [applause] let's hear it for his standing. you as a representative for the financial services industry and wall street in general have been accused of greed, corruption, excessive compensation, social inequality, unnecessary risk-taking not paying your fair share of taxes and causing the financial crisis of 2008. how do you and your supporters plead? >> not even close to being guilty or on her. >> really? alright well we are going to proceed with a five-minute opening statement by the prosecuting attorney mr. robert frank. mr. robert h. frank is the henry johnson louis wiki professor cornell university of the winner-take-all society darwin economy. he's also the co-author of the ben bernanke popular textbook the principles of economics. he earned his ph.d. from uc berkeley. [laughter] and was a peace corps volunteer in rural nepa

weeks the washington post the wall street journal i apologize the weekly standard newt gingrich stephen moore the former head of the club for growth all began to pressure the romney campaign to pick paul ryan and at the end of the day that's what he chose to do not to reach out to america but united space yet would what role do you think wisconsin may have played in this pick i mean he paul ryan's from wisconsin wisconsin has been you know this last the last two years the number one state to look out for electoral politics. right i mean i think that paul ryan is forged in battle as is scott walker wisconsin is a very closely divided state and the republican politicians from wisconsin have really been in the forefront of pushing an american austerity agenda a vision of deep cuts in public services but also deep cuts in taxes for millionaires and billionaires it's an absolutely failed agenda one that that will cause as you suggested in the intro massive increases in unemployment in the united states and yet that agenda is very very popular with the republican base and what mitt romney chose to

. >> by unanimous contention, stephen moore for the win. >> i am not even a lawyer. >> i will get overt. >> go drown your sorrows. mr moore, you and your wall street brothers have been found not guilty. you are therefore free to enjoy a night in the city of las vegas. and the world known as sins city where you can enjoy all the pleasures of insider trading illegal tax-free consider gambling and the ability to borrow interest-free up to $1 million in the federal reserve for any losses incurred over the next 24 hours. case closed. goodnight. and thank you very much. thank you very much, men and women of the jury. a fine job. >> ladies and gentlemen of the jury please clear the stage. you are all dismissed. thank you so much. you are good. [applause] >> every weekend booktv offers 48 hours of programming focused on nonfiction authors and books. watch it here on c-span2. >> here's a look at some books being published this week. in falling in love with joseph smith:my search for the real profit documentary film writer jane barnes provence the founder of mormonism and her family's connection

"outfront" tonight, stephen moore and robert reich. good to see you both. ephen, i want to start off with you, bill gross is a member of our economic strike team and a founder of pimco. i know you know him well. here's what he tweeted. he said, do bond markets take heart from the ryan selection? not me. he talks lower deficits but really believes in lower taxes. the exact opposite. stephen, bill gross has made billions in the bond market. tell me why he's wrong. >> well, look, i think a tax cut is exactly what's necessary right now to get this economy going. one of the big differences between the ryan budget and the obama budget, you cited a lot of numbers there, john. but one way of thinking about this is that under the obama budget, over the next ten years, we'll borrow $10 trillion more on top of the $16 trillion we have right now. under the ryan budget, that cuts that borrowing in half to $5 trillion. that's a big difference. this is going to be a really important grown-up discussion we're going to have. there's always this talk about not a dime's worth

joining me now are stephen moore, editorial writer at the bau "wall street journal" who thinks cutting taxes cures all ills, mohammed arian. steve, three jobs reports to go. president obama needs to add an average of 105,000 jobs per month in order to say that he won back all the jobs lost during his presidency despite inheriting the worst recession since the great depression. that is very doable. i'm reading a lot of reaction to friday's 163,000 jobs added from republicans that is negative and flat out wrong. more jobs are needed. this is a positive report any way you slice it. you agree with me, right? >> i agree partially. this is the tale of two surveys. i don't want to get too much into the weeds. the survey that showed the increase in unemployment rate that, is a survey of households. that found that employment fell. so all i'm saying is that we're not out of the weeds yet at all. the only thing i agree with almost everything that you said. look, i'm a growth guy. i agree with you that growth solves almost all problems. it brings the deficit down. it puts people back to work. hop

. >> stephen moore, i'm also curious where you get the confidence -- i'm glad to see it. i think everyone's glad to hear it. but the last time this economy grew at 4% annually, which is what glenn hubbard says they're expecting in year one of mitt romney, was in 2000. seems rather aggressive. >> it is. but this has been an extremely deep recession, one of the deepest since the great depression. and we've had no recovery to speak of. we haven't had that boom yet. i think when you take into account -- under reagan at this stage of the expansion, we didn't have 4% growth. as you know, we had 8% growth. i think we can aspire to those high rates of growth. the other point the two of you leave out is if republicans win this election, in fact, they're going to have a vote on this tomorrow about expedited procedures to move next year right to tax reform, to blow up the whole tax code and start over, with some of those eliminations and deductions you talked about, with getting the rates down. i think everybody and all sides -- i think that everybody agree that is we can do much be

nextel is -- next is stephen moore. we will talk about congress and its last measures. >> the political parties are holding their platform hearings. democrats are voting on the final platform recommendations in detroit. republican start their platform process at their camp a convention site mid-month. the complete coverage of their party coverage begins monday, august 27, with live coverage of the republican national convention. and the democratic national convention live from north carolina starting monday, september 3. >> sunday, look for our interview with andrew nagorski. >> i had no idea about my predecessors. despite all the times i had spent in germany, i had not thought about what it would have been like to have been a correspondent in the 20's int 30's. how would you have operated? what would you have noticed? much was, how would you attack it? >> sunday at 8:00 p.m. >> "washington journal" continues. host: we are pleased to have our first guest. here is stephen moore. he has just told me he wrote the lead edit

stephen moore, "wall street journal". >> why aren't they advertising on fox? that is a fair question. we don't know if they inquired. maybe they did. hemmer@foxnews.com is the e-mail, steve moore. if you like to know where the government is spending your money. fire away. lines are open right now. martha. martha: $84,000 on pens? bill: can you believe that? hand sanitizers. $52,000 to produce a video. that is some high-priced stuff. orlando, five million. >> need to take me with them when we go shopping. get a much better deal than that. vice president joe biden planning to crash the gop's party showing up in tampa, just in time for the republican national convention. how that news cot got out, maybe one of the most interesting he willments of all of this. are you receiving a payout from a legal settlement or annuity over 10 or even 20 years? call imperial structured settlements. the experts at imperial can convert your long-term payout into a lump sum of cash today. to. >> here is a twist for you. a student running against his teacher. >> right now, we are do

stephen: all right. priorities clear. mary tyler moore was set in minneapolis, correct? yes. >> stephen: why couldn't she find a nice guy? >> i don't know bad luck. >> stephen: was she an influence on you? >> no. ♪ who can turn the world on with her smile ♪ ♪ who can take a nothing day and suddenly make it worthwhile it's you keith and you should know it ♪ love is all around no need to waste it -- jump in you can have a town why don't you. >> take it. ♪ you're gonna make it after all ♪ you're gonna make it after all >> you're good. >> stephen: congressman, thank you so much for talking to me today. >> absolutely. >> stephen: would you mind throwing this hat in the air. >> just throw it up? [cheers and applause] >> stephen: let's put minnesota's fifth up on the big board. oh, it's august 9 so that must be minnesota's first snow. we'll be right back. [cheers and] >> stephen: welcome back, everybody. folks -- thank you. [cheers and applause] >> stephen: folks, you know, i've longed been recognized as a pioneer. i even pioneered recognizing myself as a pioneer. anybody else

martha: stephen moore, senior economics writer for "the wall street journal" he has known congressmanr 20 years. both you and congressman ryan have reputation of being very young and very smart covering these issues. no surprise you know each other. >> martha, let me tell you something. i'm not so smart i remember the day paul came to me in the spring of 1998. he said, steve i'm going to run for congress in wisconsin. i said, paul are you crazy. you can't win that district. that is a democratic district. thank goodness he did not listen to my advice. i did know him very well at the time when he worked for jack kemp. a guy who i loved. paul and jack have so many similarities in terms of their upbeat persona, kind of sunny side that america can grow out of its problems and no problem for this great country are too large to solve. martha: their stories back in 1994, he was an aide, a congressional aide on the hill at the age of 23. and people would turn to him and paul, what are the numbers on this? this is a buy who is so steeped and has done so much homework. he never has a hard time c

. >> tomorrow morning on "washington journal", stephen moore of "the wall street journal" on the pre-election election agenda and what they need to complete before november. and gerald connolly explains why he was one of 19 democrats went across the aisle and voted to extend the bush era tax cuts. plus your e-mails, phone calls and tweets. watch live on c-span. >> the center for american progress on labor secretary phyllis leaves and council director cecilia munoz. panelists will examine a variety of issues, including health care, education and veterans issues. >> imd executive vice president of the foreign affairs committee. >> success of the community, secretary hilda salinas. i just want to say a few thoughts with you. there are successes and challenges intertwined with the future of our nation. in the last few years, there have been progress is made. there is a growing political fight in this community. this community is also experiencing significant challenges. there are disproportionate rates. these disparities are critical stakeholders in the current and future policy debates, yet we r

. >> fascinating statistic, stephen moore of course with the "wall street journal" editorial board.ing in and parsing all these numbers for us. >> all right, ali. >> you heard governor chris christie say he did not want to be governor mitt romney's running mate. he is not? he never said anything about a cabinet post until now. plus, sending your kids back to school. what's in their lunch box? bringing down the smartest snacks for your kids next. ♪ [ male announcer ] you've reached the age where you don't back down from a challenge. this is the age of knowing how to make things happen. sowhy let erectile dysfunction get in your way? talk to your doctor about viagra. 20 million men already have. ask your doctor if your heart is healthy enough for sex. do not take viagra if you take nitrates for chest pain; it may cause an unsafe drop in blood pressure. side effects include headache, flushing, upset stomach, and abnormal vision. to avoid long-term injury, seek immediate medical help for an erection lasting more than four hours. stop taking viagra and call your doctor right away if you

next batter, tyler moore, a double to left, werth would make it in on this one but it wouldn't be enough. the nats fall 4-1 to the phillies. the ray of hope that i mentioned, stephen strasburg is pitching next against the worst team in the division on tuesday against the miami marlins. >>> o's and blue jays postponed today due to rain. >>> yesterday's 30-17 redskins wins over the colts shobed us a number of things. rg3 doesn't turn the ball over. santana moss returning kicks shows that you better be able to play multiple positions. top overall pick andrew luck and second pick robert griffin iii, good as advertised as fedex field. but alfred morris is the man who stole the show. the sixth round pick, a 17-yard gain down to the 2 right here. where did they find this guy? on the first and goal, morris punches it in for his first touchdown of the game. redskins are on top early. andrew luck, man, this guy is good. we were in the press box saying, wow, this guy has all the skills. he finds t.y. hilton for a 31-yard touchdown. ties the game at 7. luck, 14 of 23 for 151 yards. rg3 says i want some of that action, not in my house. rolls right, and will find santana moss f

moore. all those people far far left as you know. in addition dr. drier wrote a piece on the huffington post praising stephen colbert's program. bill o'reilly's right wing bow foonry absurdities political dominated culture, unquote. here is dr. drier. first off, doctor, can an example of right wing buffoonery so i don't do t again. >> buffoonery is in the eye of the beholder, bill, people who are today considered mainstream are called buffoons many years ago. people who 100 years ago were in favor of social security or minimum wage or women's right to vote, they were called buffoons. if i were you, i would accept that as a compliment. being a buffoon means you are out of the mainstream. >> bill: you are a distinguished professor, all right, at occidental college. and you said that i am guilty of right wing buffoonery so i don't want to do it again. so you can just give me one example so my audience knows what that is? right wing buffoonery? just one? >> well, for example, i have heard you criticize social security. and social security was called socialism back in early 1900s. >> bill: what did i criticize and say about social