there with caroline hellman professor of politics there occidental college. and of course among those feeling the strains of those jobs being sent overseas are veterans and then women who have served their country and upon getting out find that instead of being met with open arms they're faced with unemployment and a whole new set of battles well today is veterans day and as we remember those who gave their lives in service to this country we want to remember also those who come home and who still need support our correspondent on a saucer churkin or takes a deeper look. well. their job is to defend their country's interests but once that job gaps up their country has no interest in them any longer tens of thousands of american war veterans are simply being discarded they're coming home just proportionate rate of homelessness of foreclosures and infections and she doesn't spend a lot in seventy five thousand iraqi years inventions united states were homeless receiving under streets were veterans like fifty five year old joe when joe after sixteen years of mil

and about decisions being made here in washington that may have contributed to this shift dr caroline hellman is a professor of politics at occidental college she's in our los angeles studio caroline not be eleven eleven eleven i want to know what you think i mean is it possible that whoever wins the election in two thousand and twelve could be the last u.s. president preside over the world's largest economy. well i think that this is similar to earlier red scares we've had in the country's history yet another i think about superpower dominance in terms of economics military and favor ability and according to a few study americans are still the highest when and when it comes to figure ability of superpowers our military spending is many times over any other countries including china and it when it comes to economics sheer size and is not going to be enough to supplant us dominance in this area so for example china's g.d.p. their gross domestic product is expected to match the u.s. in the eurozone which would be about fifteen trillion dollars a year it's currently about seven trillion that tha

deal with reporting from washington and are trying to set up our feet and earlier i spoke to caroline hellman professor of politics at occidental college she told me people in the u.s. may want to adjust their attitudes toward china and explain the times a little friendly rivalry isn't so bad take a listen i think that it is positive when we have another global competitor as they talked before about you know the united states basically having to play nice with others because more people are are in the game i think that's positive but on an individual level no actually americans are getting benefiting tremendously from the cheap labor sometimes child labor and lower labor standards in china and wal-mart is basically walking into a retail chain for china so the notion that somehow this will be bad at the individual level seems a little absurd i mean you say caroline that americans are benefiting and i'm pretty sure you mean americans are benefiting because they can get goods for so cheap because of how cheap they cost to produce these goods on our great example i think but look around the count

meantime daughter caroline hellman from the occidental college in los angeles says that china may become the new enemy but only politicians and washington. china becomes this very convenient target we need an enemy right the cold war is over terrorism doesn't provide a concrete enemy for the united states to confront someone we hear this republican talking about china as an enemy i do think that it fills that notion of having something to oppose in order to do that resilience of nationalism and again i find i take issue with that nationalism but at the same time i think it's good for the u.s. to have competitors it's never good for a global superpower to be the only one at the top because then they act with impunity and i believe at various points in u.s. history we have seen the evidence of that i think having china in the mix will be very positive for social political relations. and what you know still ahead for you this. team travels to russia's black sea can see how the popular resort is attracting growing numbers of daring workers. plus. people who are getting a little crazy with be

and the us to see how they deal with reporting from washington and i kind of said oh i see dr caroline hellman from occidental college and at los angeles says washington it feels the need to paint china as a new evil empire. china becomes this very convenient target we need an enemy right the cold war is over terrorism doesn't provide a concrete enemy for the united states to confront someone we hear this republican considers talking about china as an enemy i do think that it fills that notion of having something to oppose in order to buoy the resilience of nationalism and again i find i take issue with that nationalism but at the same time i think it's good for the u.s. to have competitors it's never good for a global superpower to be the only one at the top are perceived because then they act with impunity and i believe that various points in u.s. history we have seen the evidence of that i think having china in the mix will be very positive for social political relations. now moving on to our website or to dot com you can find out how the occupy wall street demonstration was turned into per

president to preside over the world's largest economy earlier i posed that question to dr caroline hellman professor of politics at occidental college to tell us who actually thinks this is similar to some earlier red scares of this country has faced. i think about superpower dominance in terms of economics military and favor ability and according to a few study americans are still the highest when and when it comes to figure ability of superpowers our military spending is many times over any other countries including china and it when it comes to economics sheer size and nuff is not going to be enough to supplant us dominance in this area so for example china's g.d.p. their gross domestic product is expected to match the u.s. in the eurozone which would be about fifteen trillion dollars a year it's currently about seven trillion that that's anticipated to happen around two thousand and twenty but even then it doesn't mean that the yuan will be a player along with the euro and the u.s. dollar because china's markets are not open enough for that to be a stable place to elevate that currency