Here are some highlights from today's Republican debate on economic issues:
• With this being the first debate featuring Fred Thompson, Maria Bartiromo decided to throw Thompson the first pitch of the event, asking why so many Americans feel pessimistic about the economy. He said that he did not feel pessimistic about the economy, with continuous economic growth, low inflation and other good fundamentals — but is worried about the long-term projections thanks to high government deficits and mandatory entitlement spending.
• Bartiromo very quickly shot back by rephrasing and re-asking her question about the average American's angst, as if to say that Thompson didn't answer it the first time. He then responded: "Well, I think there are pockets in the economy certainly that are having difficulty. I think there's certainly those in Michigan that are having difficulty. I think you always find that in a vibrant, dynamic economy." He then dubbed the overall economic success "the greatest story never told."
• After that initial flap, Thompson didn't do that bad a job — perhaps benefitting from low expectation as a result of his underwhelming performance on the trail these last few weeks.
• It didn't take Rudy Giuliani long to use a falsehood against Hillary Clinton: "The leading Democratic candidate once said that the unfettered free market is the most destructive force in modern America. I mean, just get an idea of where that philosophy comes from." In fact, as Media Matters has laid out, Hillary was using a quote by another author to say that the free market is most disruptive force in modern America, at once producing innovation but also causing upheaval in people's lives — a very, very different thing.
• Rudy Giuliani and Mitt Romney got into a good fight about Rudy's opposition to the 1990's Line-Item Veto Act, with Romney insisting that you need to be for the line-item veto in order to be a true fiscal conservative. "The line-item veto is unconstitutional," Rudy finally shot back. "You don't get to believe about it, the Supreme Court has ruled on it, so you can bang your head up against a stone wall all you want. He endorsed a constitutional amendment on the issue, and also turned it to his advantage with a Republican audience — by saying how he took President Bill Clinton to court and beat him.
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