Former Obama economic adviser Robert Wolf and Stephen Moore, a member of President Trump's economic recovery task force, debate which candidate’s economic plan will better serve Americans.
This is an unofficial transcript meant for reference. Accuracy is not guaranteed.
Steve twenty seven days until election
day,
the I economy is expected to be
a hot button issue discussed
tonight and with nearly nine in ten
voters saying the economy is
either extremely or very
important to their vote. How can
we expect candidates to drive
home that message
here to discuss former Obama,
economic adviser, Robert Wolf,
appropriately screen left and
member of the Trump White House
Economic Recovery Task Force,
Steve Moore Screen right
morning to both of you
morning,
Steve, listen, Robert behind
you is a couch
yesterday when you were on Fox
business, the guy from
Ghostbusters was there
we got a clip,
Heres Bill, Murray
Bill wanted to say hello.
Nothing like it
hi bill
good to see you
welcome to fox business.
You should moderate the next
presidential debate,
a couple cups of coffee. I
think I could do it
laughter.
You know what Steve
in this difficult, polarizing
environment, we always could use
a good laugh
and, by the way, whos better to
make everyone smile than bill.
Murray
lets be honest. This has been
like Groundhog Day for all of
Us
Laughter,
Steve, and he said he would
moderate the next debate. After a
couple of cups of coffee,
Robert youre, burying the lead.
Why was he on your couch?
Did he spend the night?
No, we were playing some
golf and he came back and, to
be honest with you, I forgot I
had an interview, so I was
scrambling
put it this way. Liz was a gem
for me to have
Steve all right.
Well, a great viral moment.
All right
lets talk about tonight.
Stephen lets start with you.
I dont see anybody in the trees.
Behind you of note
what you know. The number one
issue is the economy.
So how is MIKE Pence going to
drive that home tonight
by the way I grew up just two
mile away from Bill, Murray and
Caddieshack was based on
Caddyshack was based on the
club
by the way Roberts out there
playing golf im trying to fix
the economy. Robert
laughter,
look, I think we do want on the
Trump team. We definitely want
the number one issue for voters
to be their pocketbooks and
their finances and Trump has a
very powerful case to make.
Not only did we in the first
three years of the Trump
administration, building the
most powerful economy in the
history of the country, but
weve seen over the last six
months, Steve just an
incredible rebound
this economy right now is a
rocket ship.
The latest estimate is for the
third quarter, which just ended
on September 30th a few days
ago that the economy grew by
thirty three percent,
Steve wow,
I mean thats, never weve,
never seen anything like that
before eleven million jobs in just
the last five months.
I think Trump and pence want to
make that the key issue. Who do
you trust more on the economy?
The polls also show even
people who arent going to vote
for Trump agree, hes better on
the economy than Biden,
Steve Robert,
so a lot of things there
one. I would say incredibly what
happened in one week we
actually had more people file
for jobless claims, eight hundred and fifty thousand
than jobs created the entire
month of September.
I mean that is no super
v shaped recovery
number two. When we look at the
two plans both involve Moodys
analytics, which is nonpartisan
and the Wharton School which id
like to say Trump, and I both
went to but Trump excuse me is
not part of it.
Both said the Biden plan is
better for jobs, better for
wages and better for growth.
So forget my view or Steves
view lets go to someone thats,
not partisan.
To me. I think this its going t
very clear that Bidens build
back better plan focusing on
infrastructure manufacturing is
the better way to go
Steve, good luck, finding anybody
on the planet who actually is
not partisan, especially this
year,
Laughter
Stephen. Let me ask you about
this. Yesterday, late in the day,
just before Wall Street closed
the president tanked the market,
by announcing that hes done
negotiating with Nancy Pelosi,
theyre too far apart,
I he would like one thousand two hundred dollars checks go
out to everybody and to rescue
the airline industry, but
nonetheless he said im done for
now until after the election
yeah.
This is a tragic situation.
I mean Trump basically wants to
do the one thousand two hundred dollars payments. He wants
to extend the unemployment
benefits at three hundred dollars or four hundred a week
for another several months. They
want to provide some aid to the
hospitals and to the schools
and Pelosi basically just
hijacked the process.
She would not say yes to a deal
unless there was four hundred dollars billion,
Steve, not four hundred million four hundred
billion for blue states that
have wrecked their economies
like New York and New Jersey. If
California, my home state of
Illinois
and people, I mean look, people
in Red States like Texas and
Tennessee, and Georgia and Utah
are saying why in the world
should we have to pay more taxes
to bail out the bad decisions
that Cuomo made and Murphy made
and J Dot B Pritzker made
it just isnt fair, and I think
Trump did the right thing by
saying we are not going to bail
out these blue states that acted
so irresponsibly.
Steve final word Robert.
If I am a GOP senator this
morning, im not a happy camper
and all, I would say, were not
bailing out. Any states were
doing it for health care, for
police, for fire for teachers.
This is for all fifty states need
help.
This isnt one versus the other
come on Steve
Robert
Inaudible
affected. In Florida
Robert. There are twenty
republican states that have
already balanced their budgets.
They dont even need the money.
The money has to go to the
bankrupt states and those are
the blue states.
By the way, if the blue states
cant manage their states, how
is Joe Biden going to manage the?
U dot S economy,
Steve guys? We have to end it
there because Robert has a tee
time at 900. So good luck.
Transcript generated on 2020-10-17.