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% interest rates gas lines, stagflation in 1888 different president. ronald reagan inherited a struggling economy. and reagan implemented policies 180 degrees opposite those of obama. incentive jacking up taxes, he slashed taxes. instead of exploding spending on the debt, he restrain the growth of spending and instead of unleashing the the regulators, by the way, what i think the regulators i can't help think of mr. burns saying release the hounds. [laughter] instead of releasing the hounds of regulators and small businesses a notch when there is, reagan limited regulation and the result was one of the most extraordinary burst of economic proactivity our nation has ever seen. the fourth-year regulation precisely corresponds to write here, the fourth year of obama's president be. anyone know what gdp growth was in 1984? 7.2%. our ideas work, their ideas don't. if you want growth, if you want jobs, if you want 23 million people struggling to find to get jobs, the answer is that the unique growth. they simplify the tax burden, reduce regulations and punching small businesses a notch for view
that to us when ronald reagan ran for reelection in 1984, the similar situation he raised money for his primary and the party come even though he took the public general election funding he attended for fundraisers in that year. what are we doing when we have the president running around? as i recall the nevada event after libya was a fundraiser. this is the fourth of his time in office is this election year and a spinning in a fundraisers. romney skeen skeen videotaped it is fundraisers talking about the 47% in a private room with people that's what they want to hear. that's who he's meeting with all the time. so this is a problem for both sides and were going to see the pressure in the house and senate races. >> we only have a minute left, but it does to hear if there is an action of some sort taken to compel disclosure or the higher degree of independence for whatever measures the face. the vision of the future two, three, four cyclists on the road butter politics is going to look like. you were describing a minute ago the growth of the party structure composed of these sorts of orga
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