famously said you know what we need to be on the moon ten years and america fell behind it and i think the next president you know or even this president should be out there saying we need to rebuild american manufacturing the first thing you can do is try to buy things that are good for economy now one of the things i point out in my book which is though is that times have changed things are made many countries so we need the country of origin labels to get percentages of content by country not not just you know made this place or that place but the other thing is that when you buy imports some countries buy a lot from us what builds our export market so for example korea seventy percent but china is twenty five percent so if you buy a thousand dollar television from china only two hundred fifty dollars coming back if you buy korea seven hundred eighty dollars coming back and that's a five hundred dollars shift in in our export market because when you give the koreans money they've spent a lot of it buying american goods that the chinese don't and so in fact it's it's worse than that

. >> bill: here now to analyze author of the book now in paperback "that used to be us" how america fell behindn the world it invented and how it can come back. when i interviewed barack obama he didn't want to be labeled income redistributionist, clearly didn't. yet, years earlier he said he was. should i resent the fact that he wasn't being honest. >> i don't know where he was coming from earlier, bill. what strikes me is where we should be right now. and this is really what we have been writing about. i want everyone in america, this is where i think the president should be and where romney should be. i want everyone in america to have a chance to be their own starter upper. to be out of the 47%. that's to me what the election should be about. >> bill: but it isn't about it. not who is in the 47%. but how do we get everybody out of the 47%. >> bill: let's talk about income redistribution. yard that beyond a reasonable doubt that's what president obama's economic philosophy is. does that make a stronger nation giving people assess, in giving people money? does that make a stronger company if

mandelbaum frequently quoted in the friedman columns has written called "that used to be us, how america fell behind in the world it invented and importantly how we can come back." good to see you. back in a moment. stay with us. >> rose: president face turki al-faisal served as the head of intelligence for saudi arabia, he is a former ambassador for the united states, united kingdom and ireland. fighting continues in syria and tensions escalate in iran's nuclear program. we also have watched violent attacks on u.s. embassies in arab countries. saudi arabia is the leading player in the region that is experiencing an uncertain future. i'm pleased to have for instance turki al-faisal back on this program. welcome. >> thank you, it's a pleasure to be here and a privilege. >> let me talk about syria. what worries you about syria? >> may i take this opportunity first to tell you, charlie, that the kingdom's 80th birthday would take place four days from now? and according to the greg born calendar. according to the other calendar it will be 82 years old. and throughout these 80 some years that we have had

in friedman's recent best seller, co-authored with michael mandelbaum that used to be us:how america fell behind in the world invented and now we can come back, we find the statement that quote for america's remarkable history the constitution deserves a large share of the credit. although friedman and mandel bomb called for shock therapy to alleviate what they call the, quote, apology of contemporary american politics they also write that the country does not, quote, and need fundamental changes to its central government. a system that has served it well for two centuries and approve any quote to coping with a series of major challenges. friedman is usually careful. there was not an ounce of evidence in his book for the proposition that we have been served so well. maybe we have but we would like to see what the evidence is but what would be remarkable if the constitution has only served us well and never once in its 225 years had any defects. and the constitution on occasion was probably all right and may be really very good. as i say it seems to the just remarkably fanciful to say as friedman

michael mandelbaum and "that used to be us: how america fell behind in the world it invented and howwe can come back" ourisy

month's recent best seller which assume is on sale called -- coauthor that used to be us how america fell behind in the world invented now we can come back. we find the statement that, quote, for america's remarkable history, the constitution deserves a large share of the credit, unquote. they call for shock therapy, this is their turn to alleviate what they call, quote pa thotle, unquote. they also write the country does not quote need fundament changes to the system of government. a system that served it well for more than a two century and proven equal to the task of coping with a seeder series of major challenge. he is usually careful to -- you can there there is not an ounce of evidence in his book for the proposition that we center been served so well by the constitution. maybe we have. but what would like to see with the evidence is. but what would truly be remarkable is that if the constitution has only served us well and never one in the 225 years had had any defects that. the perhaps didn't serve well. even iowa can see that the constitution on occasion was probably all right, and mayb