Sestak and Toomey argue over economic policies

From the PHILADELPHIA INQUIRER:

Democratic U.S. Rep. Joe Sestak blamed Republican Senate candidate Pat Toomey’s conservative policies for wrecking the economy as the two clashed in a debate Sunday that was a possible preview of the general election…

For his part, Sestak blamed Toomey, who was a member of Congress from 1998 through 2004, for supporting the Bush tax cuts and deregulation of banks and brokerages, which he argued helped lead to the economic meltdown.

“I learned in the Navy to expect what you inspect,” said Sestak, a retired admiral who served for 30 years in the Navy before being elected to Congress in 2006. “Even little league football has a referee on the field. He [Toomey] removed the referee from Wall Street.”

Toomey said he admired Sestak’s creative mind, but said his opponent did not understand the financial system. The real threat to the economy, he said, is in the billions of dollars spent on bailouts for banks and the auto industry, along with the economic stimulus and now a health-care regime that he said were all pushing the deficit to stratospheric levels…

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