Minnesota Rep. Michele Bachmann says all contenders on the presidential debate stage Wednesday night felt bad for Texas Gov. Rick Perry when he said he would eliminate three federal agencies — but could only name two — because “no one wants to draw a blank thought.” The presidential hopeful also told Fox News’ Greta Van Susteren America needs to get “out of hock” with China.
“I think all of us felt very bad for him — honestly, no one wants to draw a blank thought and sometimes that can happen,” Bachmann said. “It’s your worst nightmare — so I think everyone felt really bad for him tonight.”
Van Susteren turned to economic issues and asked whether Bachmann had any second thoughts on supporting free-trade agreements with other countries and how she felt about China and accusations that the communist giant manipulates its currency.
“Well, I agree with the concept of dealing with China and the currency manipulators — but I don’t want to do that at the expense of American manufacturers who are already taking it on the chin — and also American farmers, because that’s who would be hurt by a trade war,” Bachmann said. “They are suffering enough as it is — we need to open up more manufacturing markets and more markets for our ag producers. So I don’t want to close the markets off — it’s kind of cutting your nose off to spite your face — and I don’t want to do that.
“But at the same time, I do appreciate and understand exactly why we have to get tough with China — but the Number 1 reason is what I mentioned tonight on the stage — and it’s the fact that we are in hock to China, because we are spending money on a welfare state and we have to stop it,” she said. “We are in hock over $1 trillion to China, and the amount of money we are paying on interest on the debt is blinding us. So we simply have to stop it — and unfortunately, under President Obama, Greta, there is no . . . stopping the spending in sight.”
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