killing the job market. let s get rid of some of the the federal waste and federal, in really, things going on and bring those jobs back to the private sector. not yus federal, state. mike: a lot of states are doing it because they have to. the federal government can continue to borrow and printing money. speaking of borrowing and printing money we want to talk about shibani and charlie when we come back. america s credit card. that s where we are he going when we come back. [ female announcer ] you ve never had
twitter. by the way, how about a hand for the great kids that helped us out tonight. let s hear it for them. so, jobs continue to disappear, the country is sinking deeper into debt, but does president obama understand the problem? joining us now from the fox business network, charles gasperino and shibani josh. mike:. when you listen to the kids it s not funny when you talk about where the economy is going. nowhere. mike: that is blunt, charlie. listen, two years after the stimulus package 9.1% unemployment. never supposed to go above 8. or 7. and washington is so muddled now, i don t think they know what to do next. mike: we talk about the shovel ready jobs. yes. mike: a lot of stuff wasn t as shovel ready as obama said
oh. the crew there now, the notion that we can raise taxes, put regulation on businesses and expand the economy is insane. it s never worked before. mike: shibani? i m a pest myth in the short-term and optimist in the the long-term. and three years, and after that i tend to get more positive. mike: i tend to agree with you. i tend to believe when we get sick enough of congress we ll fire every one of them if we have to and start over. thank you very much, charlie and shibani for being here. they re the victims of a black market baby selling business that auctioned off newborns to the highest bidder. now, they are he trying to find out their true identities. and the adoptees are coming up next. a fastating story. [ female announcer ] women move the world. and caltrate moves us. helping strengthen our bones. caltrate delivers 1200 milligrams of calcium and 800 iu of vitamin d plus minerals. women need caltrate.
the debt ceiling. shibani, i want to start with the debt ceiling increase, a lot of debate and democrats are saying we ever he got to do it and a few years ago, they said we shouldn t do it, a sign of lack of leadership, is that hipocracy and do we have to do it? well, one thing is that you see this flipping all the time depending what election year you re in. what we re seeing is democrats switching sides and taking a whol new stance. do we need to do this? the question is absolutely without a doubt. we need the address the broader issue of tackling our spending and it s getting looped into the debt ceiling, running into our debt ceiling in august. yes, we can fudge the numbers like in the same way that uncle sam, his credit card has been maxed out. we could use credit card a and to credit card b and shuffle things around and that s what the united states governor is doing. at some point you run out of credit and people are going to