it is idiotic and nancy pelosi, she is a -- econist. that is it a guy who drives the car by looking in the rear view mirror and goes around and seriously she's more interested in "saving the economy" than doing something correct or doing it right. by the way, recentl and i saw this on ather network, forgive me, they were talking about unemployment and t they were saying that the idea of unemployment insurance stretching out to 99 weeks where they wod start a guy in the midwest in manufacturing and start somebody on a job . they would train him agree to train him if he was not skilled . that tells you about the federal training programs . get him a job. no, we rather collect the unemployment. >> one of my fave identity economist is it christian dorsey . this is a perfect question for you i got to say. every dollar that they take in they will spend and there is it an economic benefit and i believe you agree with that as well. >> i is not that controversial. who sonot drawing in economy and they get one that will help the economy and suppo

the econist said we can't. the government spends more than 11 billion a day.hity of the money g. top four outlays. department of health and human services that goes through three billion of the tax dollars a day. social security is a close second at two and half billion daily and keeping us safe department of defense 1. 8 billion daily . most concerning is is number 4. smallest daily out day dropping down to 854 million a day . we don't get anything for that. that is interest that our country pays on our day every day. >> even by. >> we can't keep borrowing ore we'll be like europe. this is not a classroom exercise. look at wuper and see what happens if we continue down the path that. is a place we don't want to g. >> the budget director puts the bilk on medicare and medicaid and social security. >> they will drive federal spending up faster than our economy can grow . revenues will not keep up . so we have a problem. if you don't have enough revenues to pay for the spending, you have to borrow and on the track that we are on. if we go on doing who what is in

and one of the most cited econists in the world. sargent, can you tell me what cd rates will be in two years? no. if he n't, no one can. that's why ally has a raise your rate cd. ally bank. your money needs an ally. lou: people across the country pausing this morning to observe a moment of silence for the 26 people who were murdered at sandy hook elementary school a week ago today. connecticut's governor, dan malloy, state's lieutenant governor and other local officials gathered in newtown's town hall. bells from a nearby church rang 25 times in memory of each life lost. the fifth straight day for the victims of last week's massacre. >>> the national rifle association chose today to make its first public comment, laying out its plan to keep america's schoolchildren out of harm's way. their answer? armed guards in schools all across the country. fox news chief washington correspondent james rosen joins us now for the report. james? >> lou, good evening. wayne laperriere, the executive vice president of the national rifle association

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