guest: 1 of the things they say, christine roemer, she said it would increase the labour force and productivity if everybody had health care. it is hard to imagine that we will get a lot more out of it. let's talk about the 45 million. if you look at the 45 million and you break it down, there are a lot of wealthy people in there. they just used to pay. there is a lot of young people opt out of the system. it doesn't affect how they participate in the economy. there are a lot of undocumented immigrants. that is an important public policy question. are we giving them health insurance rds even though they are on document? -- undocumented. i think it will come down on the side of the fact we have a democratic congress. if you get down to who is uncovered, it is about 10 million people. i don't know how spending two trillion dollars to ensure 10 million people will make the u.s. economy any more effective. the u.s. health-care system is broken. i don't know that the statements that we need eight can add that style health care system will fix it. host: wisconsin we have an independent scholar. calle

. >> and the chairman who's a highly respected chairman of the council economic advisors chairman roemer, also cited that 150,000 job creation figured in a recent testimony before this committee, you're saying you can't verify that the administration's policies have created those 100 -- additional 150,000 jobs? >> no, we're busy just counting jobs. >> great. the administration's tax reduction went into effect in april. the major -- one of the major parts of the stimulus bill adds about $1.10 a day to the income of individual taxpayers. what evidence is there in this report today that that measure had any positive effect on employment conditions? >> i really wouldn't be able to make a connection between the two in this report. .. >> i wasn't providing the information to mr. hall, i was asking about the claims made by the administration and are the affecting these job numbers and his answer was very clear, no, they are not. he can't verify them. they are not justifiable, and i understand that he should not go beyond his scope of expertise in these areas that i think the time when we are se

. >> and the chairman who's a highly respected chairman of the council economic advisors chairman roemer, also cited that 150,000 job creation figured in a recent testimony before this committee, you're saying you can't verify that the administration's policies have created those 100 -- additional 150,000

what could make the case and christie roemer on the council of economic advisor and her crew made thatase and it would dampen growth and the story is true but it's a big if. all consumption comes at the expense of something else. and if that something else is productive investment, yeah, but if it's houses or strip malls we don't need, that's called investment but it ain't any use, you know. they are half-boarded up so you have to be even careful there. but i'm telling you, the one thing where i think you have a reduction in g.d.p. is what the bankers did to us. imagine what g.d.p. would have been if those guys had behaved. and imagine what it would be and take the difference. i have not actually done this. have you? but it must be -- it could be $f it could be 5 trillion for all you know. it would easily add up. laughter. i don't know either. but when gdp growth was down 6% at leal were now we left a huge number of trillions of gdp on the table because of the these guys did and what really hurts on top of what they caused us in on employment of these people not working, the factory is