fiscal calamity in europe today. or we can go back to the principles that america made america. economic vital eighty and in wage growth. reporter: president obama was in ohio for the 22nd time as president. and didn t offer new ideas but spent part of his 54 speech in the community college in cleveland characterizing republicans as complainers. the other side will spend over a bill yen to tell you that the economy is bad and that it is all my fault. and that i can t fix it because i think government is always the answer and i didn t make a lot of money in the private sector and doned understand it or i am in over my head .
dollars in transportation funds that had to be returned because of here. four mill whereon in housing funds and also four million housing funds that had to be returned. baseball tadium that costs the taxpayers three bill yen to pay off and latered the mayor didn t ask the marlin s for a financial statement and they are a profitable team . despite all of the economic problems that we have been having, our community is among the top three in home foreclosures and unemployment rate here is 35 percent above the national average. and just last week, the statistics came out that half of our homes have more debt on them than they are worth that doubled the national average. with all of this going on, the
security with the aging baby boomer population. take a look at the numbers. 500 bill yen in 2010 is the estimated costs. people eligible for this. that puts the cost up to 9cent 0 920 billion. both republicans and democrats know they have to come to a consensus on work on. you can see the number, the costs almost doubling in tep years. those paying in to medicare is going down. we are looking at inverse equation . we are going down million people 3.5 to over 2.3 mill yen. how do you pay for it? raise tax or cut benefits? i think you will have to do all of the above or raise taxes likely. cutting benefits, likely? and raise the medicare eligiblitiy age? likely and social security. it is social security .