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tv   Out of Work  FOX News  July 3, 2012 6:00pm-7:00pm PDT

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john, nice to see you again. we appreciate it. >> again, thank you for watching us. i'm bill o'reilly, please always remember, the spin stops right here. we're definitely looking out for you!
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that sounds bad, but it's worse than even that. a record number of those workers have been out of a job for more than six months. all this despite billions of dollars in government economic stimulus and government bail-outs. all of which we're told were designed to create and to even save jobs.
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jeff locke brings us some of the stories behind these numbers. >> it's frightening. >> tony pete, and linda all have something in common, even though
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the online application process in this country is a crock. >> he explains that people fill out job applications only to he says real searching, and more important real hiring, is scarce. >> i thought no problem, i'm going to find another job in no time, because i have a great resume and great references. >> linda fish who had a career managing bookstores that did millions of dollars a year in business found herself shelving books at borders. >> the most difficult thing was the learning thing of being quiet, just taking direction, not offering advice, not telling people what to do. >> oh, the $8 an hour a far cry from the $30 an hour she used to make, that was tough too. she now writes a blog called
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underemployed the new organic. >> i volunteered how to build a garden. >> back in milwaukee, pete is trying to grow his own food to cut costs. >> i'm hoping that i can somehow have dignity be a successful person. if that doesn't work out, i'll have to do something else. until then, i'll live off the land. >> he says they may be uncounted, but that doesn't mean they don't count. >> thank you, jeff. there's really a fundamental question here. in a $16 trillion economy, why can't we create jobs? but somehow the solutions so far have been ambiguous at best. the grand poobahs on the left calling for greater spending, more government programs. those on the right say cut taxes and less regulation. that will solve what ails us. melissa frances breaks down the battle between the left and the right over both what to say in
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this political year and what, if anything, can really be done. >> it's the big issue for most americans. >> it's jobs. it's jobs, jobs, jocks. >> jobs, jobs, jobs. >> that makes it the biggest issue of the lift political campaign. >> he's not created more jobs for the american people. >> the mission of mr. romney was tested just a few years ago. >> in congress, they can't decide the other side has a plan. >> there's the bills stalled in the current democrat-controlled senate. >> members of the house of representatives have refused to take action to create jobs. >> is this partisan politics or something deeper? >> the problem is that there are dramatically different lenses through which we see the world. >> republican senator mike lee. >> that government cannot create wealth. and because it can't create wealth it can't create jobs. >> argument number one, whether
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government spending creates jobs. >> the stimulus did work, but it just wasn't big enough. >> tamara drown is from the progressive think bank. >> you think the problem is we haven't spent enough in the country? >> the short term all of the economic trends point to the fact that we need another stimulus. >> if we put more money into the economy, doing things that need to be done -- >> congressman chris van holid n is a member of the democratic congress. >> this is one of the slowest recovers that most people have experienced. democrats would say that is because we didn't spend enough. >> making government bigger, this whole idea of deficit spending stimulus isn't supported by the facts. >> dan mitchell is a senior fellow at the cato institute, a
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think tank. >> the idea that you beau from w makes you rich, it hasn't worked. it didn't work for bush in 2008 and hasn't worked for obama. >> what's a recipe for putting people back to work? >> all we need to do to success in the long run is make sure that the private sector is growing faster than the public sector. it's all about the size of government. >> of course it all depends on what numbers you use. each side has their own statistics and economists to prove their point of view. so who you believe sort of depends on which numbers you trust. that leads to argument number two. hiring more government workers. >> teachers and cops and firefighters. >> that's a sedative, not a stimulus. >> the president is an enthusiastic supporter. >> congress should pass a bill to help put thousands of teachers and firefighters and police officers back on the job. they should have passed a bill a
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long time ago to put thousands of construction workers back to work. >> last time i checked with very few exceptions, firefighters are not federal employees. with very few exceptions, public schoolteachers are not federal employees. this is not his business. that's the business of state and local governments. there's no amount of fer persuan that's going to convince me that government can or should should flip a switch and say jobs are created, because it doesn't work. >> what works to prop up demand on its own is investment in government spending. it is the only sector right now that has a real chance of reviving the economy and putting measures back to work. >> how to pay for that? argument number three. raising taxes on the rich. >> i don't think we risk putting the economy in jeopardy by asking those who have done phenomenally well in this country to pay more to help us get back on track. >> why not have the wealthy pay more to help get us through this period? >> keep taxing the wealth
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creators, the generators, the entrepreneurs, investors, beat them over ahead with a stick again and again. when you tax those productive behaviors at a higher and higher rate you discourage people from producing. >> which leads to argument number four. should corporations may more? >> corporations have done quite well recently, but the problem is there's not enough customers. >> so does taxing them more solves that problem? seems like that makes the burden even higher? then they need more customers. >> corporations are sitting on record profits, on a lot of cash. >> every time i talk to a ceo of a company he says, i don't want to hire a new worker because i don't know what my cost is going to be. i'm sitting on that cash, so i don't need a government bail-out down the road, i'm trying to protect my company. >> if we get back to the company in investing in our infrastructure, this is something that businesses do agree to. our infrastructure is really outdated. so when you look at things like giving the united states the
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world class infrastructure it used to have, that's something where ceos and business associations are really supportive of. >> if there are any ceos in favor of higher taxes on companies in order to give politicians more money to spend on failed stimulus, the shareholders should grab those ceos, tar and feather them and kick them out of the company. the reasons companies are sitting on cash is because politicians have created an unfriendly investment climate. they're waiting for the government to stop doing things that discourage wealth creation and job creation. >> there is one thing they agree about -- what will happen. >> more paralysis. >> gridlock. >> they can't even agree on what that means. >> the optimistic way of looking at the job situation is, we have gridlock now. that's actually a good thing. so if we can simply stop the government from doing new bad things, then we'll get back on a steadier keel. >> hopefully we'll come out of the election and maybe be able to hit reset and get something done.
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>> coming up, millions of americans say this jobless recovery feels much more like a very deep recession. and whatever we call it, the american family is being reshaped by the powerful economic forces that have been unleashed. then we take you to a place where there are plenty of jobs. o>> imagine being fresh out of high school, stepping right into a high-paying job. sounds like the american dream, right? well, it's a reality for many of the workers at this plant in allentown, pennsylvania. ♪
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>> every american wants their own shot at the piece of the american dream, a job, a house, a family. it doesn't seem like too much to ask. so what happens to a family when that dream is lost? when the breadwinner loses their job and it all comes crashing down. lori rothman brings us one family's story. >> you bought me the beer at the beer. you picked me up. >> did i? [laughter] >> lisa and kevin hurley have been married since 1986. both worked until they adopted their little girl megan from south korea in 1999. lisa decided to stay at home while kevin continued to work for an insurance company as an underwriter and broker. >> did you like doing that? >> yeah, i did. very much so. i liked working with people,
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dealing with solving problems. >> kevin started working for his company at age 16 in the mailroom. from there he worked his way up the ladder for the next 36 years. but in 2009, the recession hit. >> i knew once they call you, say can you come in to the office, please, into the room, you knew what was going to happen. >> was it's a sign of the times? >> yes. 10% of the stuff of countrywide was let go. >> how did you feel not being able to provide as much money to the family? >> you feel like you're a failure. you're the one that's supposed to bring everything in. the way i grew up. >> what time did you get up? >> but now lisa was pushed into that breadwinner role. >> how quickly were you able to find employment? >> i was already working part-time at shop rite. i didn't have to worry that
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much. >> 16 months later, kevin found another job. >> and then he got laid off a second time of the that was completely devastating. >> devastating, but not unique. in the year 2009 unemployment for men hit an all-time high of 11.2%. this author says stories like theirs are common. she recently wrote a book "the richer sex," which talks about today's new brea breed of bread winners. >> a maintainer of horse majorif supporting the households. certainly the changes in the economy are becoming apparent everywhere. >> we followed a group of housewives in situations similar to lisa's. they too were the breadwinners of the families. >> when you look at the percentage of working wives who
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outearn their husbands, it's currently 40%. to give them credit, their husbands were helping out at home. >> the spices call for garlic, oregano. >> being mr. mom means kevin gets more time at home. >> i like cooking. i cook on the weekends. now it's every day. >> currently right now i basically get up in the morning, get ready for work. then he wakes megan up. >> we'll have a discussion about something, somebody in school or something like that. if i was working, it would be just -- i can't be bothered with this, leave me alone. >> he tries to handle a lot of the situations with my daughter now. >> if we want something done, i'll take the wire away from the xbox. yesterday she comes walking in, i go, when you clean your room you get your wire back. she goes into a fit. she's not for that. i take on the brunt of it. >> teenage drama. >> three years have passed, and kevin is still out of work. >> it's very hard for me to see him, you know, not get any phone
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calls. it's very hard. it's nerve-racking. it beats down your soul. it gets to you after a while. >> lisa's paycheck doesn't make ends meet and they've emptied kevin's pension. now they face losing their house. >> how do you cope with that kind of stress? >> not easily. sometimes my daughter and my husband will make jokes and i walk away, because i don't find it funny. i snap very easily at home. we can't do anything. and it's hard when you have kids, you have to say no all the time. >> it's a tough situation. there are days you just sit there and go, why am i doing this? i'm not going to get an answer. but i have two people at home,
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and a dog, and they want answers. so i got to keep pushing. i have to push. >> in the world's richest economy there are pockets of prosperity, which makes the pain of unemployment that much worse. why can't every part of america be as bright as a little town in pennsylvania? there the american dream is alive and well. >> i'm only 16 and already getting paid more than most of my friends, a lot more than most of my friends.
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>> when we talk about unemployment, we think about the workers who can't find jobs. but there are companies who are creating jobs and can't find workers. sandra smith brings us that story from allentown, pennsylvania. >> awful, terrible, extremely
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disappointing. a disappointing jobs report triggering fears the economic recovery has slowed to a snail's pace. >> all we ever hear is that there's no jobs in america. what if i told you that in that building, right there, high-paying jobs sit vacant for sometimes up to a year. what's the story? >> a major shortage of skilled machinists. >> the result is a shortage of skilled workers. >> that's what we hear from ceos. >> you're hiring, but can't find workers? >> yeah, that's the case. >> his company, air products, sell gases that help make things likes golf balls, wine and beer, fuel for rocket ships, and your iphones and ipads. >> somebody's go got to make th. >> that's what we're doing. >> business is good. >> if i was to go to your company's website, which you have a section with all the jobs
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available. how many are available? >> in the united states,.500 to 600 jobs posted. 100 to 150 of those are as long as a year to fill. >> are you actively recruiting? >> absolutely, every day. >> they send applications to peel like dave marks. >> these are the jobs that came in during this school year. probably the average start here is somewhere around $15. >> he says that vocational training is unappreciated. >> somebody still has to fix the bridges and somebody still has to put up large buildings made out of steel. >> like this guy. >> i'm 17 years old. >> he just graduated from high school. already waiting for him in the fall a job. >> i'm starting at hour. and we work monday through friday, 10-hour days. fridays are time and a half. experience prevails over, you know, book smarts 90% of the
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time. >> some of the kids here don't even wait to graduate before they start working full time. >> i'm already 16, already getting paid more than most of my friends. a lot more than most of my friends. >> kim already works for a battery manufacturer during his summer break. >> i make $10.35 right now five days a week. >> kim seems focused. he likes to work and make money. a lot of money for a 16-year-old. in fact, he just bought himself a car. >> sold my car and just got a new one with the money i had made. >> that's right. these kids coming out of high school can make downright respectable salaries. >> let's talk money. what kind of salaries are you offering for these folks, some of which are coming straight out of high school? >> if you have an appropriate skill like an welder or instrument technician or diesel mechanic, you can start at $20 or more an hour. >> they have to pay that much, because these workers are in
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high demand. >> you had many job offers as i understand it. >> a few out of high school, yes. >> you didn't go to college? >> i didn't really want to go to college really. >> politicians in washington love to push the importance of higher education. >> higher education is not a luxury. it's an economic imperative that every family in america should be able to afford. >> for many skilled workers there's another path to the american dream. like matt banko. >> i had to work myself up to keep progressing to get a better-paying job. >> do you have house and a family? >> yes, yes. >> you must have a lot of peers looking for jobs. what are you hearing from them? >> actually i have a brother that just got out of college with a masters degree, and he's having trouble finding a job in his field. >> you heard that right. his brother, who has a masters degree, can't find a job in his field. but matt, since he's a skilled worker, has never had to look for work.
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>> people see every day students graduating from college on mountains of debt. if you had the ear of the president, what would you tell him? >> we need four-year college graduates, but we also take what they're designing and developing, the technologies they're creating, we have to maintain them. that means we have to have skilled workers as well. >> as you just saw, in some parts of this country, in some businesses, there are plenty of jobs. but what about the unemployed people who don't have an expertise or a trade or a skill? coming up next, john stossel goes looking for work near a government welfare office. what he found we guarantee you will surprise you. >> there are no jobs? >> there's nothing out there. nothing. ♪
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if you have muscle pain or weakness, feel unusually tired, have loss of appetite, upper belly pn, dark urine or yellowing of skin or eyes. these could be signs of rare but serious side effects. is your cholesterol where your doctor wants? ask your doctor if crestor is right for you. [ female announcer ] if you can't afford your medication, astra zeneca may be able to help. >> live from america's news headquarters, i'm molly lyons. more than 1 million people are still without power in the wake of last week's severe storms. the lights and air conditioning going out in seven states and washington, d.c. the latest is that it may take until the end of the week for some team to get their power back. repair crews, some coming in from as far as away as canada are working around the clock. those storms are now blamed for at least 26 deaths. a federal judge in texas finding a jetblue pilot who went on an inflate rage about terrorists not guilty by reason
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of insanity. clayton osbon was charged with interfering with a flight crew after a march flight from las vegas to new york. he will be examined at a federal mental health facility. passengers captured what happened with their cellphones and he was subdued after running through the cabin yelling about jesus and al-qaeda. i'm molly line. now back to out of work. >> welcome back to our fox business special. out of work. i'm lou dobbs. nearly 14 million americans are out of work. what should a government do about that? as john stossel reports, when campaigning for president barack obama said this -- >> we need to expand unemployment benefits and extend them for those who can't find another job right away. >> after obama's election, benefits were extended to as long as 99 weeks in some states. now the president's campaign ads list the extension as an example of how the president kept his word.
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>> 2 million americans can know with certainty they won't lose their emergency unemployment insurance at the end of month. >> that certainty knowing that a check is waiting has some nasty side effects. when unemployment insurance first began it lasted 16 weeks. fdr said it wasn't a permanent cure. today's 99 weeks is unprecedented. progressives called that a kind program that takes care of the poor guy who gets fired. >> this is what has been said about every welfare and government program since the great society began. >> economist steve moore. >> they're helping people in need. what we've found in 40 or 50 years of evidence that proves this, these benefits oftentimes hurt the people who we're trying to help the most. >> paying people not to work does lead some to delay taking a new job. 1/3 of today's unemployed americans find work right when their unemployment benefits run
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out. that happens everywhere. in denmark, a socialist government once offered laid-off workers five years of unemployment benefits. when did they finally find work? surprise. after exactly five years. so denmark cut benefits to four years. they found jobs in four years. so denmark cut the benefits in half. but america has moved in the other direction. >> we've created nine months, 12 months, 18 months, then two years. the problem is it becomes a way of life. >> what should government do to help people in need? >> give them money. >> they need to find more jobs. >> at this food stamps and job center people are accustomed to handouts and want more. >> there's something more they should do for you? >> help us more. >> have you looked for jobs? >> yes. >> no jobs around? >> no. >> really? i asked my team to check that out. within a few blocks of that welfare office, they found lots
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of businesses that want to hire people. >> yes, we are hiring. >> this frozen yogurt store wishes more people would apply. >> we need two or three people all the time basically. >> so does this burger joint. >> we're hiring for cashiers, also chefs, and prep guys. >> of 79 businesses that we asked in less than two hours, 40 said they would hire. 24 said they'd take people with no experience. the owner of this restaurant said he'd hire lots of people. how many? >> about 12 to 14 people. i would hire more than that, but the hardest thing is to get good help. >> how many could come with no experience? >> i would probably take, like, nine. probably take nine and train them. >> and at the welfare office, people told us there are no jobs. >> no, there's plenty of jobs. >> outside that welfare office, we are met this woman who said she works for human resources. >> there are no jobs around? >> i don't think so.
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there wouldn't be this line out here if there was. >> is it possible they're not trying. >> some of them. a lot of them are not. you can tell the ones that are trying. >> do you think you and human resources encourage people to be dependent? >> yes, we do. >> what should be done about that? >> i don't really know. i don't really know. i guess stop giving away the money, then they'll get a job. >> and you work for the government? >> that's right. >> the restaurant owner says some people who ask him for work don't really want a job. >> you think some of them are just looking to apply so they can say to the welfare office, "look, i applied"? >> a lot of times, yes. >> i get the feeling they're teaching dependency over there, teaching people we'll take care of you, you don't need to go learn stuff. >> they got be doing something, because i can't even find good help. >> have you looked for a job? >> i can't work right now because i'm on disability. >> there's nothing out there. nothing. >> there's no jobs? >> no.
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nothing in my field. i'm a medical assistant. >> what about going outside your field, working in a restaurant? >> restaurant is not going to give me the money to stay where i am. >> the benefits have become generous enough that people can say, look, i can live on this amount of money, and i'm going to desell rate my job search. i'm not really going to look for a job until those benefits expire. >> i don't mean to single out the inner city. let's go to the beach. dependency on government is everywhere. this is the jersey shore, the real one. life is good. some seasonal workers here work for the summer and then stop. they collect unemployment the rest of the year. bill quinn has worked as a lifeguard here for 20 years. >> lifeguard sitting on a stand, some wood. >> it's har hard work. they sometimes save lives. the experienced lifeguards train
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others. after the summer, what's his job plan? >> unemployment. >> this lifeguard collects unemployment. >> this will be my 11th year. >> in most states, they can get unemployment benefits the rest of the year. >> if they aren't working, they should be looking for a job. >> it's pretty sweet. i'd like to be getting paid hanging out on the beach. >> the payments have consequences. new jersey had to borrow money from the feds to pay its unemployment benefits. >> new jersey, we ran out of money. the unemployment benefits going out were more than we had in the bank. >> the state legislator tried to change the policy to excluded seasonal work like lifeguarding. the lifeguards aren't happy about that. >> it would devastate me. i'd have to change everything i do. it's a valid argument. >> i guess i can survive cutting back on something, too, you know. >> or how about getting a winter
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job? why bother when those unemployment checks are coming? >> there's a lot of dignity in work. this is one of the worst things about the unemployment insurance system. it takes away the dignity of people actually going to a job every day. >> can i ask you a question for tv? everywhere i go people are telling me there are no jobs. >> there's a lot of jobs. people don't want to work, because they want to live off the system nowadays. that's what's happening. they don't want to get off the welfare system, because they're happy that the system is taking care of them. >> paying people not to work, like the lifeguards john stossel told you about. it's has nasty unintended canadiens. greece spent years doing that, and when they threatened to tighten their belts it led to this. is this in america's future? we go to greece next. what can i get you ?
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enbrel can help relieve pain, stiffness, and stop joint damage. because enbrel, etanercept, suppresses your immune system, it may lower your ability to fight infections. serious, sometimes fatal events including infections, tuberculosis, lymphoma, other cancers, and nervous system and blood disorders have occurred. before starting enbrel, your doctor should test you for tuberculosis and discuss whether you've been to a region where certain fungal infections are common. don't start enbrel if you have an infection like the flu. tell your doctor if you're prone to infections, have cuts or sores, have had hepatitis b, have been treated for heart failure, or if, whilen enbrel, you experice persistent fever, bruising, bleeding, or paleness. [ phil ] get back to the things that matter most. ask your rheumatologist if enbrel is right for you. [ doctor ] enbrel, the number one biolog medicine prescribed by rheumatologists. >> when it comes to unemployment the one thing americans can be grateful for is they're not in europe, where unemployment is up over 10%. in greece and spain, it's over
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20%. is this what's in store for america? a euro future? ashley webster took a close look. >> this is the face of the troubled eurozone economy today. protests over crippling recession and high jobless rates. despair is leading to anger, and even violence. so the's built on entitlements are falling apart. financially strapped governments like spain are being forced to pull the plug on overly generous benefits. >> with unemployment rate at about 25%, the spanish government is trying to reform the restrictive labor laws here that make it hard to hire and fire. these union workers are not very happy about it, but the spanish government says it has to happen, and so zo do the busines in spain. >> here at this real estate
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listing website based in madrid business has been challenge. the ceo calls the jobless situation in spain unbearable, and he blame blames the countrys unforgiving labor laws. >> we have a strict labor market which make it absolutely impossible to fire and hard to hire people. >> this accountant has been looking for a job for over 18 months. >> as a matter of fact, i'm coming from a job interview, and it's quite difficult. >> youth unemployment in the u.s. is around 16%. but for young adults in spain, the jobless rate is about 50%. and for some the future may lie outside their country. >> things are very hard here in spain. >> what country would you go to? >> maybe latin america. maybe asia, china or india. >> are there any words you're
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not sure of? >> that's why language schools in spain are overflowing with students hoping to learn a new language. eduardo lopez lost his job as a teacher, now back in school as a student to improve his english skills. >> the worst is that you don't see possibilities to work, and it is very difficult to wake up in the morning, you don't know how to do, to improve your situation. >> spain subsidizes its universities so it's cheap to get an education, but it makes little difference when nobody is hiring. a housing collapse, bad loans piling up, high unemployment, and government debt going through the roof thanks to uncrowed spending. that's pretty much the story of what's been happening in the eurozone, but you could say it sounds a lot like the united states. kit happecould it happen in ame? >> the signs are clear.
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>> see what's happening in europe right now. the welfare state is collapsing. we have a giant warning signal, flashing bright red. do not go this direction and yet some of these big government fans in washington are saying, yes, let's double down. >> even more dramatic example is greece. like the acropolis that sits on the hill above athens the economy here is in ruins. jobs are scarce. those people who are working, sometimes don't get paid, and for young adults, well, their future is uncertain. when greece joined the euro, it was seen as a dream, but it's turned into a nightmare. there's been violent protests with people retiring on full pensions at just under 60 years old, greece has been on a crash course, and the impact has been severe. left in the wake, a whole generation of young greeks who face unemployment above 50%.
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if you wonder, discontent is among young greeks today. >> if you have the same inning in the us of a you would have a revolt of the people. in germany or england, people would have revolted. >> they're finding out the painful reality now that the world has run dry. >> what's keeping america from following europe to the brink? do we know how to stop their problems from becoming ours? that's next. ♪
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>> welcome back to this fox business special report. i'm lou dobbs. and now how are we going to create enough jobs, lower taxes, more government spending, cutting regulation? what will it take? historically small business in
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this country has been the engine of growth and job creation. in fact, for the past 15 years, small business has generated 64% of all new jobs. gerri willis met up with some of those very ambitious entrepreneurs. >> it's a big world out there. i suggest you go explore it. >> even in these challenging economic times, i'm very bullish on small business. >> meet tory johnson. >> hi. how are you? >> author of "spark and hustle," entrepreneur and self-made millionaire. she tours across the country encouraging people to start their own business. >> i've watched countless people sit in the ranks of the long-term unemployed as they sort of do all the right things to try to find a job and yet an opportunity for them simply doesn't come along. i've watched people say, you know what, not going to work for somebody else. i'm finally going to do my own thing. >> that's exactly what young entrepreneur william emery decided to do.
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>> it's going to be 30 bucks, guys. i'm so passionate about food, just supporting local economies and the american economy that, you know, it was just like -- it was a no-brainer to go into food. >> william got his start when a chapter in his life came to an end. >> in 2009, i worked at a financial data provider, and they laid me off. they outsourced all of our positions. >> so he took his passion for food and created his own job, home by the range. >> everything is local, fresh? >> local, fresh, farm to table. >> where did the money come from? >> i have no money. basically i -- i was on unemployment for about two years. during that process i was acavalier to job. each day i would the home by the range concept. i have personal credit cards and $14,000 in my 401(k). >> and you're using that? >> yes, correct. yep, i've been using that ever
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since. >> how's it going? >> i'm all right, will. >> what's a good day for you? when you're out with the truck, what does it look like financially? >> gross revenues anywhere from $300 to $00 $600 a day. >> that means will makes about $100 a day. what do you say to young people out there that say there are no jobs? >> they have to think about they're passionate about, what they really want to. >> it's really about how passionate are you about this particular business? doesn't matter what the industry is. doesn't matter whether it's cupcakes or graphic design, you can make it work. >> reports say that 75% of new jobs in 2007 came from young companies that are less than five years old. >> the more that we can encourage entrepreneurship, the more we can encourage people to venture out on their own the faster we'll see a pickup in job creation. >> i've been paying off my
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bills, so i can see a break-even point at times. it's great i can eat my own food, too, with the business, so that's good. >> you're always fed? >> always fed. >> william is not the only one that's caught the startup fever. >> okay, good. >> make whalen, founder of heart of america, a company that employs, encourages and directs young people have a successful career. to date 38% of his employees are under of age of 27. mike's business are thriving. he hasn't fill the sting of bad times like the rest of the country. >> we're doing two major hotel projects with restaurants, revamping two major hotels, about ready to start on a third with a major retail project, and i hope to get a couple more going. it's chaos. our motto is keep the chaos going. >> a lot of these businesses require a lot of young people. you have a huge number of young people working for you. >> i always said, give me energy and enthusiasm. i don't care about experience. >> whalen is fully invested in
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his young workers. he told us, you can't look at employees as they are, you have to look at what they'll become. that's why he'll go the extra mile if he thinks the kid is worth it. >> sometimes younger people, you know, tend to stay out pretty late on friday and saturday night. they wouldn't show up on saturday or sunday morning. if i thought they had promise, on more than one occasion, i'd get in the car, drive to their house, knock on the door, and tell them you have five minutes to brush your teeth, put on a clean shirt, and get to work. >> kids come back to you, do they see you as a mentor? >> one of those kids that i knocked and got out of bed called me three weeks before his wedding and he said, you know, i'm going to maybe get teary-eyed here. he said, you know, you really are like my father.
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you told me how to be a man. i'm sorry, i haven't told that story. that was -- you know, that kind of thing you can't make up. and that's a wonderful tribute. >> small business, entrepreneurs and innovators, mom and pop businesses, little shops and stores, they've always created most of the jobs in this country, and they will again. how soon depends on the vision and the voices of our leaders. those in washington an and thosn business, small business and big, all across this great country. thanks for watching. i'm lou donees for all of us at fox business. good night from new york.
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