CNBC Debate Moderators Face Backlash After 3rd GOP Presidential Debate

29 Oct 2015 | Author: | No comments yet »

During GOP debate Carson gained on Twitter and Facebook, Trump was most-Googled.

No single candidate can claim a thumping win in the third prime-time Republican presidential debate, broadcast on Wednesday by CNBC, yet there can be little doubt about who the night’s biggest losers were: the moderators themselves and the media more broadly.The Republican establishment turned on the ‘fantasy’ economic policies of frontrunning outsiders such as Donald Trump, pictured here with Chris Christie. Republican frontrunners Donald Trump and Ben Carson were accused of peddling “fantasy” economic policies at their party’s presidential debate yesterday, as less-known rivals grabbed campaign limelight.

Senator Marco Rubio caused a stir at the third Republican debate, fighting off a frontal attack from one-time ally Jeb Bush, then calling the presumptive Democratic nominee Hillary Clinton a liar. The 10 candidates on stage were quick with the barbs, a sign of the rising tension between established politicians and neophytes Mr Trump and Dr Carson, who top the polls less than 100 days before the first nominating contests. “Folks, we got to wake up,” said Ohio Governor John Kasich, raising an alarm at the outset of the contest at the University of Colorado in Boulder. How was that feasible? “I talked to economic advisers who have served presidents of both parties,” Harwood said. “They said that you have as much chance of cutting taxes that much without increasing a deficit as you would of flying away from that podium by flapping your arms.” Trump interjected. “Then you have to get rid of Larry Kudlow, who sits on your panel, who’s a great guy, who came out the other day and said ‘I love Trump’s tax plan.’ ” And that was all it took. It mirrored the assertive style she showcased in the second debate, but has failed to translate into any meaningful bump for her in the prediction markets or on social media so far.

Even the debate moderator joined in, asking Mr Trump if he was running a “comic book version” of a campaign — notably by promising to keep out immigrants with a wall on the Mexican border. Prediction markets, such as betfair.com, are a form of Internet betting where people register their forecast for future events, and in some countries they may legally bet money on an outcome. As traditional candidates struggle to make headway against populist currents in their party, Dr Carson is catching Mr Trump, overtaking him in Iowa and edging ahead of him in a national poll released on Wednesday. The exchange was a minor triumph for Trump, whose campaign has been a testament to the complete irrelevance of rational policy debate in the Republican primary, especially when it comes to economics, the subject of Wednesday’s debate. Even Jeb Bush, the early establishment favorite, has engaged in this sort of magical thinking, offering up a proposal that could cut up to $3.6 trillion from government revenues over a decade, according to the conservative Tax Foundation’s high-end estimate.

Mr Bush, the son and brother of two presidents and a former Florida governor, launched a bold attack on his former protege Senator Rubio, something he has been loath to do on the campaign trail. Rounding out the night’s social-media mavens was Rubio, who picked up around 6,000 Twitter followers and 3,500 Facebook likes within an hour of the debate ending and ranked first or second in Google searches for much of the two-hour affair. Senator Rubio fought off the challenge, and later drew applause when he skewered Mrs Clinton for her testimony about the 2012 Benghazi attacks before congress last week, a performance praised by supporters and observers. His blueprint is suspiciously similar to Bush’s, but with even lower tax rates, resulting in the budget-busting, $10 trillion monster that he says he will somehow balance by cutting government waste. Anti-tax guru Grover Norquist gave Trump’s plan his seal of approval early on, while Kudlow seems to be enthralled by the Donald’s plan to slash corporate tax rates. “I don’t know all the details about his entire tax program, it’s certainly moving in the right direction lowering rates but specifically on the 15 percent corporate tax rate I have argued for it for several years,” Kudlow told Breitbart News. “Again, I can’t speak for the whole plan—I can speak for the 15 percent corporate tax rate.

It also waded into other topics including the legalisation of marijuana and gun laws, prompting Mr Trump to say he sometimes carried a weapon and would be comfortable with his workers arming themselves. “I think gun-free zones are a feeding frenzy for sickos,” he said. Republican national committee chair Reince Priebus weighed in, tweeting: “CNBC should be ashamed of how this debate was handled.” In a separate tweet he branded the CNBC moderators “improper” and “unprofessional” . Mr Trump is leading the RealClearPolitics average of opinion polls, with 26.8 per cent, with Dr Carson in second (22 per cent), Senator Rubio third (9 per cent) ahead of Mr Bush (7 per cent) and Senator Cruz (6.6 per cent). Honored.” That, essentially, is the state of Republican policy discourse these days—a debate that’s mostly about signaling conservative bona fides rather than detailing a realistic way one might actually run a country.

Anyone that talks about cutting federal spending and doesn’t mention any one of: a) social security b) medicare c) the military is full of crap and can immediately be ignored. Paul is in a tough situation because he is running for reelection for Senate in Kentucky, and some want him to quit the presidential run and focus on the Senate. John Kasich, who has decided to pitch himself as the realistic Republican, and who spent Wednesday’s debate lambasting his fellow candidates for their “fantasy tax schemes.” But so far, the man has made zero headway in the polls. Progressives have thrilled to Bernie Sanders’ promises like free public college tuition, a national $15 minimum wage, and drastically higher taxes on the wealthy—all of which are fairly sweeping and (in some people’s views) not necessarily good ideas.

There is no conceivable way, on the other hand, to cut $10 trillion in taxes over 10 years and without capsizing the budget or devastating the entitlement programs upon which millions of Americans rely. It fits the Democratic narrative of Republicans’ War on Women, just as George Stephanopoulos asked Mitt Romney whether states have the right to ban contraception in a 2012 presidential debate.

By now everyone knows that when experience, choice of profession and time in the workforce are accounted for, women make on average 95% of men’s earnings, not 77%. Rubio has answered criticism of his tax plan by adding a 25% bracket to his 15% and 35% brackets, and proposed a tax credit for businesses that offer paid parental leave. If they want to debate, why not choose a sponsor such as or the Manhattan Institute for Policy Research (my current employer), the American Enterprise Institute, the Tax Foundation or the Heritage Foundation?

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