Martin O'Malley: Republican Economic Theory is "Bulls**t


I don't think the GOP is too worried about this guy...


thehill
Possible presidential contender Martin O’Malley (D) on Monday mocked Republican arguments that federal regulations keep poor and middle-class people from moving up the economic ladder.

“It is not true that regulation holds poor people down, or regulation keeps middle class from advancing,” O’Malley, the former governor of Maryland, said Monday in an interview with NPR’s Steve Inskeep. “That's kind of patently bullshit-.”

“That’s quite a last word, by the way, on that subject. … I’m just going to leave it right there,” Inskeep responded.

O'Malley said working-class people are hurt by a tax code that is riddled with special interest loopholes. He said “the concentrated wealth and accumulated power and the systematic deregulation of Wall Street” is responsible for an economy that “isn't working for most of us.”

O’Malley is considering challenging Hillary Clinton (D) for the Democratic presidential nomination. In recent weeks, he’s become increasingly aggressive in attacking the former secretary of State.