Hannity Guest Schools Host Once Again On Obama's Economic Legacy

Austan Goolsbee: “If You So Dislike Deficits, Why Are You Supporting A Guy Who Has Got A $12 Trillion Tax Cut?”

From the July 27 edition of Fox News' Hannity:

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AUSTAN GOOLSBEE: Look, we can go through the Obama record if you like.



SEAN HANNITY (HOST): Doubling of the debt.



GOOLSBEE: You have been confused for a long time, and I can un-confuse you. It would take time.



[...]



HANNITY: Alright, I feel like I've been a little bit unfair to you in this segment. Go ahead, I'll give you a chance to say “In the eighth year of Obama,” and the economy sucks, tell us why you think it's great.



GOOLSBEE: No -- look. The last six years, things have gotten substantially better, and the question for us today is if you're looking at the next eight years, or the next four years, if you so dislike deficits, why are you supporting a guy who has got a $12 trillion tax cut? The biggest tax cut of all time?



HANNITY: Reagan doubled revenues by giving us --



GOOLSBEE: This tax cut --



HANNITY: Wait a minute, by dropping the top marginal rates from 70 to 28 percent during his presidency.



TEZLYN FIGARO: But it hasn't gotten better for African-Americans. So, I would like to know how has it gotten better for African-Americans and people of color over the last eight years?



GOOLSBEE: In the last six years -- the first two years of the Obama administration, we come in losing 800,000 jobs a month, in the worst recession of our lifetimes. When that recession ends, which he did not cause, we spend six years improving. Poverty among African-Americans has fallen for the last five years. The poverty rate rose more under Ronald Reagan than it has under Barack Obama. You never want to say that.



HANNITY: He is the first president --



GOOLSBEE: You never want to admit that.

Previously:



Listen To An Economist Shut Down Hannity For Blaming Bush-Era Financial Collapse On President Clinton

Fox Guest Austan Goolsbee Calls Out Hannity For Using Flawed Data In Obamacare Premium Attack



Hannity Guest Calls Out Sean Hannity For His Fake Obamacare Victims