Republican presidential candidate Sen. Ted Cruz talks about the economy and the state of the American dream in an interview with FOX Business Network's Trish Regan on Thursday:
CRUZ: It’s not news that Democrats are scaremongering, they’re attacking Republicans. And it’s not news that the mainstream media will amplify those charges. Here’s the simple reality: you know who’s been hurt the most under the Obama economy? It’s young people, it’s Hispanics, it’s African-Americans, it’s single moms. It’s people who are struggling. To the single mom who’s waiting tables, who’s had her hours forcibly reduced to 28 or 29 hours a week because Obamacare kicks in at 30 hours a week, that is a real hardship.
You know, Trish, 3.7 million women have entered poverty under the Obama economy. The median income for women has dropped $733 dollars an hour. I agree with Governor Bush that our number one priority needs to be economic growth. We need to get back to historic levels, 3 percent, 4 percent, 5 percent growth. Reagan in ’84, we had 7.2 percent growth! That lifts millions of people out of poverty and into prosperity. That’s what I’m campaigning on -- tax reform and regulatory reform so people like my dad, washing dishes as penniless immigrants, can have a fair opportunity to achieve the American Dream. That’s what the Obama economy is denying them.