NJ Senate Candidate Jeff Bell: 'The Federal Government Hasn't Handled A Single Thing Right'
By Dom Giordano
PHILADELPHIA (CBS) – Dom Giordano talked to New Jersey Senate Candidate Jeff Bell on Talk Radio 1210 WPHT. Bell, a Republican, is challenging incumbent Corey Booker in November's election.
Bell claimed that Senator Booker supports all of President Obama's economic policies and said rather than helping the middle class, they put them at a disadvantage.
"Most people don't want to get into the Wall Street stock market casino and it's a tremendously wearing thing for the middle class, not for the rich people. People that don't need a loan find it very easy to get a loan at these low interest rates."
He believes returning to the gold standard would stabilize the economy and boost small businesses.
"The gold standard is the system that levels the playing field. If you know what you're money is going to be worth one year from now, two years from now, five years from now, then you can navigate. It's a simpler world. You can get interest on savings. The long term interest rate is up, enough to get savings. Small business is the most important element, from and economic standpoint, that would be liberated because they have a difficulty getting lines of credit that are so low that community banks don't want to make risky loans when they have so little return."
Bell also insists the federal government is not equipped to handle crises like Ebola.
"This federal government is completely dysfunctional. They haven't handled a single thing right and their idea is that they can impose a top down model on every issue, whether it's monetary policy, disease control, the Common Core education standards and the Affordable Care Act above all."
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