WHEN: TODAY, THURSDAY, SEPTEMBER 29TH
WHERE: CNBC'S "SQUAWK BOX"
Following are excerpts from the unofficial transcript of a CNBC interview with Governor Rick Perry, GOP Presidential Candidate, on CNBC's "Squawk Box" today. All references must be sourced to CNBC.
GOV RICK PERRY ON JOBS:
Here's what he (the President) should have said if he wanted to create jobs.. he should have stood up and said 'listen, I'm listening to the American people and they do not want this healthcare plan we passed. I'm going to convene congress and we're going to repeal obamacare - while we're in we're also going to pull back regulations that are going forward like Dodd frank that are job killers - the EPA which is absolutely a job cemetery of an agency AND how we're going to lower the tax burden - personal and corporate PLUS send a message how those off shore dollars that are being taxed at 35% we're going to allow them to come back in to create jobs in this country." That's a job message!
GOV RICK PERRY ON TEXAS JOBS:
You lower the tax rate and have a regulatory climate that's fair and predictable - a legal system that doesn't allow for over suing and then government get out of the way and people will move to your state. That's the reason CAT, Toyota, Facebook, EBAY, Biomedical sciences is the leading job creator in the state of TX. We've only had a 2% increase in the oil and gas industry jobs in the state of TX over the decade. We're doing it the right way. Job creation is in the private sector and 95% of those jobs created were above minimum wage
GOV RICK PERRY ON THE FED:
I think the statements toward Chairman Bernanke need to be very clear to him that making up monetary policy to cover up bad fiscal policy is bad public policy and that's what we're seeing. A Fed that is getting involved in thing that frankly it shouldn't get involved with. So, printing more money doesn't do anything at this particular juncture but to make the dollars in our pocket worth less money
GOV RICK PERRY ON THE FEDERAL GOVERNMENT:
Federal Government in particular is taking more money - they're regulating more and costing more - and that is the root of the real problem in America today. A federal government who thinks they know best and they're going to mandate on how to deliver healthcare or educate our children and we need a president who believes that the governors in these states and the citizens know what's best rather than emanating from Washington DC
GOV RICK PERRY ON SOCIAL SECURITY:
"Social Security's in place, that program is going to be there, it's just got to be transformed and that's what we're talking about doing, how you transform SS- is it staggering the age upward when people become eligible for it? Or is it having a conversation with young people that let's give them a private option."
GOV RICK PERRY ON BUFFETT:
The real problem that we've got in Washington, D.C. an administration that is listening to people who really don't have an understanding about what's going on out there in the real world. You think -- I respect -- I think Mr.. Buffet is a really intelligent individual. I can promise you he doesn't know what's going on in places that where the job creation is at a zero because of over taxation and overregulation.
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