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Fundamentally, we believe that if you look at education, that is primarily a local issue. and so from the standpoint of the department of education, i think that there are some efficiencies that can be gained. what we have to look at with the department of education is getting back to what does the department of education do best? is it better to have colleges or universities become direct lenders of these particular loans? i think these are all discussions that we have to have. because a federal bureaucracy, i think it can be more efficient. whether or not it should be completely eliminated, i m not convinced. when you look at ron paul for example, and i mentioned he has the most extreme and detailed budget plan out there, for what he would do, mark zandy from moody s economy.com said the economy would evaporate. evaporate was the word he used. if we cut $1 trillion in ....
new job in 2012? we re going to tell you how to get hired. and from camping and cooking to mortgages and taxes, today s girl scouts can get a badge for money smarts. let s begin with politics. when it comes to the gop, here s the bottom line. they want to cut taxes, they really want to cut taxes. they all want to repeal what they call obama care, the president s health care plan, and they want to shrink government. ron paul, his plan is really the most extreme. he doesn t just want to shrink government, guys, he wants to shut it down, a third of it to be exact. he wants to slash 440,000 federal government jobs, and eventually ron paul says he would like to be the ones to turn off the lights for good at the irs. mitt romney says america has to live within its means, and this week he even said no one, not even 7-foot tall burns would be spared. we re not going to keep spending money we don t have. the national endowment for the arts, the national endowment for the hum ....
Economy.com says this is the best thing you can do other than giving people food stamps. i don t know what you re talking about. plus, we need to help these people. plus, there s all sorts of spending that goes on for military, the tax cuts, all of these things that people like you support, and now, you won t support unemployment compensation. one more thing, kate, i think you re wrong what s going on in congress. this is not congress recessing and not extending the unemployment benefits. they had a vote. 59 people for extending the unemployment compensation. only two republicans voted for that. this is basically the conservatives and the republicans say they go don t want to help the unemploy zblpd i want to get to one point, michael, that you ve also been making that we haven t touched on yet. you say the unemployment benefits actually act as a disincentive for people to get their jobs. they stay unemployed longer. lawrence, do you see that? ....
These big financial problems. we can t have you here and not ask you about greece and the stock market debacle late this week. are you at all concerned about the u.s. recovery because of what we re seeing around the world? is that the thing that is kind of the big thing right now talking about our money? yes. sure. i mean, i think the greek debt crisis is very serious and it needs to be quelled by policymakers because if the greek situation isn t resolved, isn t resolved, it will undermine stock markets across the globe, including our own. the rising stock market has been vital to the recovery. it s why consumers are out spending again and businesses are starting to hire again. it s very important that policy makers put an end to this quickly so we can get back to the business of creating jobs. mark, good to talk to you. mark zandi, economist with moody s economy.com. next, where and how to find a job for the summer. first, so many small dairy farms are struggling to survive. ....
This week. are you concerned at all about the u.s. recovery because of what we re seeing elsewhere around the world? is that kind of the thing that is the big thing right now talking about our money? yes, sure. i think the greek debt crisis is very serious, and it neated to needs to be quelled by policymakers. because resolved, it will undermine stock markets across the globe, including our own. the rising stock market has been vital to the recovery. it s why consumers are out spending again and businesses are starting to hire again. it s very important that policy makers put an end to this quickly so we can get back to the business of creating jobs. mark, good to talk to you. mark zandi, economist with moody s economy.com. next, where and how to find a job for the summer. first, so many small dairy farms are struggling to survive. meet some farmers bypassing the u.s. pricing system and getting milk from cow to store in just 36 hours. ....