Kucinich: We can't cut jobs to pay off the debt

This transcript is automatically generated

-- of the night and that is the president's state of the union.

Address here with reaction Fox's contributor former congressman Dennis Kucinich is -- us.

Congressman first of all your rational thoughts I know you that you hear is you stand a little slightly left of me.

But we also on the great comparison -- Marco Rubio is response which I told one of the best responses.

To a State of the Union Address I'd seen but your reaction your overall thoughts.

Well first of all we have a debt based economic system and when you consider the exponential growth of the dead due to compound -- interest.

No amount of cutting is gonna solve that we need to look at.

Changing our monetary policy.

Vote you know and the other thing is this government waste money you bet it does and should we have a tax increase to cover that absolutely not I'm opposed any tax increases.

We have to start thinking about we can't.

Cut jobs to pay off the debt.

We need to create jobs and if there's more tax revenue coming yet.

So you know these are things.

You know noted tax increases note austerity and the other thing I want to add.

No means testing -- Social Security.

That would undermine social security and Social Security is not part of the deficit problem.

It's rock solid through the years 4032 without any changes whatsoever -- I am of my hearing you correctly here is my ear piece off here congressman.

But let -- I agree with almost everything you said -- you're against the tax increases the president.

Has called for more tax increases you just got one.

He did talk about going after what he's he's -- his words not mine wealthy seniors and what he said deficit reduction not an economic plan.

Well certainly debt accumulation.

Is robbing from our children that scares me and then I really didn't address it in a big way.

Well -- our economic system money equals -- this is the problem people don't always think about this.

And as long as money equals debt and we're borrowing money -- -- borrow money from China to pursue the war in Iraq.

We're going to keep having more debt the compounded interest on the debt is going growing exponentially so what do we do.

You gotta go back to 1913 Federal Reserve was created.

Privatize the money supply.

Put the data and the government we've got -- Take back article went section -- -- constitution which gave the government the power to be able to move the economy forward and it.

And a spur the private sector I don't believe it increased taxation.

To get the economy going that takes it in the opposite direction what you have to look at the structure of our monetary system shot in order to have verse same discussion about that slot you know why did I miss this Dennis Kucinich out on the campaign trail -- might of I might have been a bigger supporter congressman.

Let me ask you what you thought of bomb what I think is going to be a big story of the night that was the the Republican response by Marco -- what -- your thoughts.

-- I was on my way to the studio when -- minister Mario spoke so I'm I'm sorry I didn't hear it now that -- that's fair but.

Congressman I know it's late thank you so much for being with us we appreciate it.

-- -- attention -- thank you I want to come back --

Source: http://video.foxnews.com/v/2161041523001/kucinich-we-cant-cut-jobs-to-pay-off-the-debt/

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