Wednesday, December 20, 2017

Savannah Guthrie to Paul Ryan: ‘Are you living in a fantasy world?’

The Hill reports:
Savannah Guthrie asked Speaker Paul Ryan (R-Wis.) during an interview on NBC's "Today" show early Wednesday if he was “living in a fantasy world” to think that the GOP tax bill will help workers.



Guthrie quoted former New York City Mayor Michael Bloomberg (I), who said in an op-ed earlier this month that such an argument is “pure fantasy.”

“CEOs aren’t waiting on a tax cut to ‘jump-start the economy’–a favorite phrase of politicians who have never run a company–or to hand out raises,” Bloomberg said. “It’s pure fantasy to think that the tax bill will lead to significantly higher wages and growth.”

“I’ll ask you plainly, are you living in a fantasy world?” Guthrie asked Ryan.

Ryan pushed back, citing a survey from the National Association of Business Manufacturers.

“Surveys would show the vast majority of businesses are going to do just what we say, reinvest in their workers, reinvest in their factories, pay people more money, higher wages,” he said.
Democrat party operative Savannah Guthrie in the news....