bipartisanship to fix what s failing so many america s children. michelle, the floor is yours. thanks. tonight president obama addresses the nation and will touch on issues important to all of us. particularly the economy and jobs. but the truth is we can discuss job creation and economic recovery until we re blue in the face but until we re willing to take a hard look at how we educate our children in this country, it s a complete waste of time. overall the unemployment rate is still hovering between 9% and 10%. the unemployment rate among minorities is much higher around 14.8% for blacks and similar number for latinos. these along with people living in rural areas are the ones most often stuck in failing schools. american exceptionalism and competitiveness have absolutely no future if we re not willing to reevaluate 0-mere educating our children now. according to the department of education, as of 2008 more than 1700 dropout factories or high schools in which less than 60%
some items imported from germany. a mother was leading a little girl across the tracks to avoid paying for a ticket. she lowered the little girl on to the tracks, suddenly the train appears. okay, ready, the train could not not in time. fortunately the little girl had tucked herself into a small space under the platform. she was okay. but those pictures kind of make you sick. while millions of americans continue to look for work, some sectors of the population are feeling the brunt of this recession more than others. the recession is for african-americans with the most jobless numbers, some reaching as high as 14.8% last month. hispanics and latinos hit hard with a 13% rate in december. joining me now is vera gibbons. good morning. unemployment data, as you were doing the interpreting of all this, what s the takeaway? everyone was waiting for the light switch to go on, looking for the blockbuster number, looking for signs that the economy is really turning around with great gus
the taxes went up, in fact 39.6% for the highest level. but 23 million jobs were created. and it was the most after tax revenue ever generated during the eight-year period by the most wealthy people in this country. the fact is that the 2001 and 2003 tax cuts generated 13% more revenue that came back to us, so 87% was unpaid for. it s $2.3 trillion that s been added to our deficit. it s the principal cause of the deficit. the bush tax cuts. george w. bush tax cuts. and what we need to do now is to do what clinton and his father did to get us back into balance. today we have 14.8% of gdp. why was why do you think the clinton administration ended up with a surplus when ronald reagan, as much as he s beloved these days did not end up with a surplus. he had a deficit every year and growing. why do you say the program of
and created a surplus. the taxes went up, in fact 39.6% for the highest level. but 23 million jobs were created. and it was the most after tax revenue ever generated during the eight-year period by the most wealthy people in this country. the fact is that the 2001 and 2003 tax cuts generated 13% more revenue that came back to us, so 87% was unpaid for. it s $2.3 trillion that s been added to our deficit. it s the principal cause of the deficit. the bush tax cuts. george w. bush tax cuts. and what we need to do now is to do what clinton and his father did to get us back into balance. today we have 14.8% of gdp. why was why do you think the clinton administration ended up with a surplus when ronald reagan, as much as he s beloved these days did not end up with a
slimmer. according to an urban league report, it is almost twice as high as it is for whites in this country. joining us from los angeles is judy redmond, hasn t had a full-time job in three years, having two degrees. mark more yell, great to see both of you. to show the statistic for unemployment, 14.8% for african-americans. and 8.5% for whites. 24.7 african-americans living below the poverty line in total versus 8.6% for whites. 47.4% of african-americans own homes. 75% of whites do. 73% of whites complete coverage. look at this. 44.8% of african-american households have a computer at