we re not too far off from being greece, if we need a warning sign, we just have to look over at the newspapers in europe to see and how it played back in our markets. if we do not do something to rein in our debt, if we do not do something rein in our spending we ll see greece happen on our streets. mark: you say that and other people say it. there are millions of americans this doesn t matter. it has no reality. but it does. mark: $16.2 trillion, what $18.3 trillion or 23.7? there is a lot of consequences for taxpayers and americans as a whole. consequences of inflation and consequences of higher taxes and not having those promises, the obligation that president obama was talking about of medicare and social security available to us. the consequences of not being having a defense department.
we re not too far off from being greece, if we need a warning sign, we just have to look over at the newspapers in europe to see and how it played back in our markets. if we do not do something to rein in our debt, if we do not do something rein in our spending we ll see greece happen on our streets. mark: you say that and other people say it. there are millions of americans this doesn t matter. it has no reality. but it does. mark: $16.2 trillion, what $18.3 trillion or 23.7? there is a lot of consequences for taxpayers and americans as a whole. consequences of inflation and consequences of higher taxes and not having those promises, the obligation that president obama was talking about of medicare and social security available to us. the consequences of not being having a defense department.
that s what republicans want to do. that s why megyn: you know what? here s an interesting fact, though, that our brain room pulled, alan, from the cbo. apparently the unemployment rate among 16 to 19-year-olds back in 1963 was 6.4%. november 2011, 23.7%. yes. megyn: unemployed. do you know what the other side of that is? going to school and focusing on their education, that s why the numbers also show they re focusing fully on their education rather than going out into the work force. that s what that survey actually shows. megyn: that s true, mike, it does. the information is the change that appears mostly to effect the long-term increase in school enrollment what it shows is megyn: but, listen, i mean, back in the day did we do it all? did we both enroll in school yeah. back in the day, you bet. megyn: was that training for being good business people? back in the day we worked our butts off. nowadays kids are standing around at these occupy freak
and multiply it by itself. then you take the first number and divide it by the second and your result, for me, is 23.7. that s my body mass index. what does that exactly mean? well take a look at the scale they have set up. if your body mass index is less than 18.5 you are considered underweight. normal is between 18.5 and 24.9, where i fall. overweight is considered 25 to 29.9. anything over 30 is considered obese. that is how it breaks down. now, let s get back to this ohio law aimed at lowering the number of obese children there. joined now by perrysburg senator, what was the idea in the first place behind this legislation in trying to get schools to screen children for
everyone is genu-flexing, rightly so, saying we were boom time. then bush kept it equal. bill clinton started 23.7% and then lowered the capital gains and that, of course, conversely with the ronald reagan era, we had a boom time with reagan and clinton. mr. layfield, you can t necessarily say that hiking the capital gains tax hurts overall, can you? you can say, though, the keynesian approach got us in a recession in 1937 and doing the same thing now. we are 90% debt to gdp and it is going to increase to 100% within a couple of years. that s unsustainable. the junior high student council mindset of free pizza for everybody and we ll get the rich kids to pay for it doesn t work in the small world. small businesses lost $2.5 trillion of credit because of the excessive regulation.