if we choose this path to prosperi prosperity, our budget keeps borrowing a check and puts us on a path to balance. we cut relative to the president's path. debt. if we stay on the current path this is the future that awaits us. a debt crisis. where we know we will sacrifice our current economy and our children's future. it's a path that is accelerated by the president's budget. we are headed towards a debt-fueled economic crisis, and the president's own budget admits this by saying that their budget allows the fiscal position to deteriorate. if we choose the path to prosperity, we can lift this crushing burden's debt. our budget puts the nation's finances on a path to balance and ultimately on a path to pay off the debt never letting the debt get up to levels which could compromise our economy and shortchange the next generation. my colleagues on the house budget committee were instrumental in laying out this path to prot parity and its corcore plan of action putty end to empty promises from a bankrupt government and restoring the american promise. ensuring our children have more oppor

also columbians buying out of prosperi prosperity. somewhere in the middle as the greek default issue plays out. >> now, the bulk of the 25 new condo towers going up this year in south florida are high-end boutique, call it. with only the ritziest amenities. one will offer an elevator that takes you and your car in your car right up to your unit. also the tower going up in hollywood, florida, will have direct yacht access. that's because the buyers of these units are all wealthy, all cash. that's what makes developers here less nervous about what happened the last time around. >> the kind of buyers we get, they don't need financing. they're all cash buyers. we sell these apartments for over a million dollars. and goes up to $4 million. it's a way of life. it's a lifestyle that they have. so they're not reliant upon a bank to give them money. >> now, here in downtown miami you're seeing all these towers that were already built plus new ones going up. the investors are seeing a very robust rental market. they're renting to people who lo

low budget deficits, rather high employment, very high prosperi prosperity.trade balance or surplus. and if we look farther beyond the north atlantic of the united states in western europe, then it's even less the case that there is a global crisis. after all, in asia, developing asia, meaning india, china, southeast asia, economic growth rates are at unprecedentedly high levels of historical comparison. china has been growing, as you know, at a rate of about 10% per year, for more than three decades. that means a doubling every seven years. and even through recent years, china's economic growth is, right now, around 8% per year. india is a bit less. other countries in asia their aim around 6%, and in some cases higher. the world economic growth is about four-4.5% a year, which means the whole world economy is doubling roughly every 18 to 20 years right now, which is astounding for a world of 7 million people, and an average income worldwide of about $10,000 per capita. so $70 trillion world economy, expensing a doubling every generation, or even less. i have

english is the language of prosperi prosperity, it's the language of opportunity.nt everyone to learn english but we don't want to give people the impression that there's something wrong about speaking a second language. the chinese could read our plans, we can't read theirs. we should be having a major national program to get people to speak a second language. >> so in the spokesperson's comments though, responding to this whole kerfuffle that he brought upon himself, he said he would not as a prerequisite, this is romney, require that the people of puerto rico cease using spanish. senator an santorum had never had any point said they should not speaking spanish. >> that's true, he did not say that. but there is an attitude and impact that you have on children if all of a sudden you have to speak english, he doesn't speak english, i have to speak better, then spanish becomes something that people don't want to speak. i've seen it. i believe children who started speaking spanish, english, you can't tell people that you would prefer them to speak english because aft