VP debate excerpts – Paul Ryan on unemployment & jobs

Edited by Jenny Jiang

Excerpts from Republican nominee Paul Ryan’s remarks on jobs at the vice presidential debate on Oct. 11, 2012:

MARTHA RADDATZ:  Can you get unemployment to under 6 percent and how long will it take?

PAUL RYAN: Joe and I are from similar towns. He’s from Scranton, Pennsylvania. I’m from Janesville, Wisconsin. You know what the unemployment rate in Scranton is today?

JOE BIDEN: I sure do.

RYAN: It’s 10 percent.

BIDEN: Yeah.

RYAN: You know what it was the day you guys came in — 8.5 percent.

BIDEN: Yeah.

RYAN: That’s how it’s going all around America.

Look…

BIDEN: You don’t read the statistics. That’s not how it’s going. It’s going down.

RYAN: Look, did they come in and inherit a tough situation? Absolutely. But we’re going in the wrong direction. Look at where we are. The economy is barely limping along. It’s growing a 1.3 percent. That’s slower than it grew last year and last year was slower than the year before.

Job growth in September was slower than it was in August, and August was slower than it was in July. We’re heading in the wrong direction; 23 million Americans are struggling for work today; 15 percent of Americans are living in poverty today. This is not what a real recovery looks like. We need real reforms for real recovery and that’s exactly what Mitt Romney and I are proposing. It’s a five-point plan. Get America energy independent in North America by the end of the decade. Help people who are hurting get the skills they need to get the jobs they want. Get this deficit and debt under control to prevent a debt crisis.

Make trade work for America so we can make more things in America and sell them overseas, and champion small businesses. Don’t raise taxes on small businesses because they’re our job creators.

He talks about Detroit. Mitt Romney’s a car guy. They keep misquoting him, but let me tell you about the Mitt Romney I know. This is a guy who I was talking to a family in Northborough, Massachusetts the other day, Sheryl and Mark Nixon. Their kids were hit in a car crash, four of them. Two of them, Rob and Reed, were paralyzed. The Romneys didn’t know them. They went to the same church; they never met before.

Mitt asked if he could come over on Christmas. He brought his boys, his wife, and gifts. Later on, he said, “I know you’re struggling, Mark. Don’t worry about their college. I’ll pay for it.”

When Mark told me this story, because, you know what, Mitt Romney doesn’t tell these stories. The Nixons told this story. When he told me this story, he said it wasn’t the help, the cash help. It’s that he gave his time, and he has consistently.

This is a man who gave 30 percent of his income to charity, more than the two of us combined. Mitt Romney’s a good man. He cares about 100 percent of Americans in this country. And with respect to that quote, I think the vice president very well knows that sometimes the words don’t come out of your mouth the right way.

(LAUGHTER)

BIDEN: But I always say what I mean. And so does Romney.

RYAN: We want everybody to succeed. We want to get people out of poverty, in the middle class, onto a life of self-sufficiently. We believe in opportunity and upward mobility. That’s what we’re going to push for in a Romney administration.

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One Comment on “VP debate excerpts – Paul Ryan on unemployment & jobs

  1. Ryan was wrong. This ‘recession’ was ‘absolutely’ NOT inherited !

    It was caused by BAD GOVERNMENT that forced bankers to provide NINJA loans to ‘homebuyers’ with FICO scores even lower than their IQs! The leftists in congress bludgeoned our economy to death using their Community Re-Investment act (CRA, as amended by Clinton) to coerce bankers to be bad businessmen.

    In self-defense, they sold off the bad loans as ‘mortgage backed securities’. Then in Sept 08, when the mess was good and ripe, ‘Senator’ Charles Schumer triggered the “september surprise” with the IndyMac Bank announcement.

    We know the rest. The CRA hit the fan, they blamed Bush, It sunk our economy and the ‘unwasted crisis’ gave us BHO.

    Bankers are VICTIMS, NOT culprits!

    Remember the LIBERALS totally took over congress in early 07 with Barney Frank as new chairman of the House Financial Services committee and Chris Dodd over the Senate Banking committee.

    The economy tanked in 08. Hmmm…

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