let it go to the supreme court, which is the logical next step. i trust that they will be expeditious in ruling on this. this matters, mark, because the next time president obama wants to appoint someone in recess, he does it through the proper channels. this is what he s done for five years, this is what president bush did doesn t make it right. before him. you can say that and those on the right will say that. but let s think about the political motivations that brought the suit. why wasn t the suit brought when president bush was nominating janice brown, a member of the d.c. courtful of appeals. it was filibustered and reapoigned i don t know. why are we picking i don t know, but we have to leave it there. thank you very much. okay. good to see you, eric. you too. we are pumping out graduates, but not the jobs. are government subsidies feeding a bubble about to burst? (announcer) scottrade knows our clients trade and invest their own way.
going to school? no. immigrants create jobs. they don t take jobs. they come here and buy housing and good and services. we have been a country of immigrants for 400 years. i don t buy the arguement that the immigrants steal jobs. if we had the right policies in washington we d have plenty of jobs for everybody in america. those who want to come here. eric: but they took up services. you travel a lot, i travel a lot. everywhere i go, immigrants do grunt work in economy. i don t know how the economy would survive without the workers. eric: i see 72 high on the dow. 14,000. pass the graveyard with news? i m nervous. i m not in market now. this is a bull run we have had on the market. as you know is it sustainable with the tax and regulations? i m skeptical. eric: when the news is bad and market continues in the upward direction, usually it s on its way especially when you reported today consumer confidence is down. consumers aren t spending.
are grants available. they are able to raise the price. what will happen is in the course of two of five years, you will move more toward online education. the american families can t afford $50,000 a year for college eric: why aren t more kids going to trade school? that is a good question. if you re electrician or plumber, or trade background, you can make $50,000, $100,000 a year. why don t we have more engineers and more people who understand construction and so on? i agree with you. we need miles per hours who can do the jobs that miles per hour did for 100 years. eric: let s talk about the job market. we re talking about 11 million new people who may be illegal immigrants here. is that going to put more pressure on these kids who are
can businesses sell? eric: steve we will leave it there. thank you. i m heading over to the five five. be there in three minutes. catch me saturday 11:30 a.m. eastern on cashing in. leave it there. see you tomorrow. captioned by closed captioning services, inc in america tay we re running out of a vital resource we need
bubble in the economy, bigger than the healthcare bubble and even bigger i argue bigger than the housing bubble. you ask the question: is the bubble going to burst? i say yes, it is. consumers and family can t afford it. more and more students are getting degrees in sociology, philosophy, gender studies. that employers say this has no use to me. that s why you a lot of kids who spent $200,000 on college education and up to the throat in college loans and they can t get a job other than gardnegardener. eric: you re saying it s not preparing them for job market. would be related point, another big problem, there are relate one more point. another big problem, there are no jobs. there are people what don t have jobs and now you graduate students in the job. eric: tuitions are going up because clems realize there