W. Todd Akin: “You're absolutely right. I like the idea of being positive. And the solutions, one of them was JFK. He cut taxes, and…”

“You're absolutely right. I like the idea of being positive. And the solutions, one of them was JFK. He cut taxes, and the recession, after a period of about a year, turns right around and things go along well. Ronald Reagan did the same thing. Massive tax cut. As soon as he did that, the economy--takes a little while--the economy turns right around because there's money now being invested not in more big government but the businessman puts that money into different new ways of creating, buying another milling machine, another wing on the building, more money for research and development to come up with a better way to make a product. And all of those things together, when the money goes back to the small business man, they start to hire people. I think--what is it?--companies with 500 or fewer employees employ 80 percent of Americans. So if those smaller businesses from 500 employees on down, if they got more money to spend on their own business, that's part of the solution. And everybody does better when that happens. Of course, another thing that kills jobs is this insufficient liquidity. The businessman can't borrow money because it's all tied up in banks. Of course, we've got that problem going on now, too, and part of the reason is the government is gobbling up so much money with their incredible, incredible level of Federal spending which, once again, we point to this chart. This is what's happened under Obama the first 2 years of his Presidency.”