Paul Ryan: Only in Washington does more government spending = "investment"

On CNBC's Squawk Box today, Rep. Carolyn B. Maloney (D., N.Y.) echoed President Obama's call for more stimulus-style "investments." House Budget Committee Chairman Paul Ryan responded, "When a politician in Washington says 'investment,' that means more government spending. That is a problem."

Ryan continued: "Investment in our world is entrepreneurs, small businesses, and risk-takers investing their own capital... Let's let the private economy grow so that we can give them the kinds of incentives to do that: Low, stable tax rates, sound money, and not all of this new spending in Washington, where 40 cents of every dollar is borrowed money."

Category:

News & Politics

Tags:

• Squawk
• Clip
• 2-8-2011

[jofisher]

Maloney appears to go through life with her eyes closed.

[gordonmedley]

Is it just me or was she "sleep talking" through this entire bit?

[mvan367]

I feel like Paul is trying so hard not to laugh during this whole thing

[picard0957]

a sleep walking airhead bimbo democrat that talks for 6 mins on investments, green jobs, and blaming bush.

government policy , through it's affordable housing programs , was the root cause of the credit crises. Democrats who were in complete power for 2 yrs have made the situation worse by a poorly structured stimulus package, the fiscal train wreck that is obamacare , and regulatory uncertainty caused by the dodd-frank finreg bill

this party needs to be thrown out of power in 2012

[tbwil11]

@laparis27th Corporations are not evil, they are made up of individuals and the good that comes from them far outweighs the bad. You have to look at it individually on a case by case basis. What in particular makes you say corporations are a problem.

[tbwil11]

@laparis27th Well sure there are,always has been,always will be, but you cant damn the whole system now can you? Some of that influence may have been positive.People like Moore seek to use govt as G_d to level out the inequalities of life but you trade away your personal freedoms in the process and I'm not sure you have examined just how important those personal freedoms are to you and what role they played in getting US here.Did you happen to see some of Sowells vids here yet?Milt Friedman too.

[laparis27th]

@tbwil11 its one thing to market a product or improve it to increase profits. i dont have a problem with a company selling a product or service for profit. thats one thing. my problem is using you financial influence to affect legislation. and dont act like u not aware of the corporate influence in politics. u can continue to play dumb but these corporations are a problem.

[tbwil11]

@laparis27th One last thing to leave you with, concerning your comment "dont kno why u defend the ppl that could give a fuck about u"... they are not supposed to give a fuck about me any further that normal company protocols. Corporations are in business to make money, period. If you didnt get a paycheck on payday, you wouldnt show up for work, would ya?Theres nothing wrong or immoral about it. If you or your 401k were invested in a particular company, you would want them to get u results

[tbwil11]

@laparis27th Merrill Lynch?? Do you think the list ends there?? Do you REALLY want the truth? Type in "Burning down the house" in the YTube search bar...choose the vid that includes "What caused our economic crisis" and be prepared to hit the pause button often because it will blow your socks off on who started and remained complicit in the housing shit.

[tbwil11]

@laparis27th Ya know buddy ro,I worked 40 hrs+ in a carpet mill finishing hi school in 81,nothing I EVER got was by anyone elses hand.For the last 32 YEARS I have been forced at the point of a gun to have 15%of my wages confiscated"on my behalf"for SSI that raised the age to 67 for me and it will probably go to 72 before were through. If I'd had that money to invest in a 401k or comparable plan I would be retired NOW instead of hoping I live long enough to take it from YOUR & MY KIDS GENERATION!