united states for excess of spending and theas european union criticized the united states for the excessivee spending. canada has done better than the united states and containingd sg spending. what is i the united states andi do? is it going to get its hon order like the other developed t have they made a national decision to reform their on bstainable actions or not? $61 some say the $61 billion of cuts would hurt growth. i contend that absolutely is not so. we spend $3,500,000,000,000. to 60 billion reduction in that spending total is not going to throw this economy into a do wod recession. messa indeed what it wouldge do is tol send the message to the gotten financial world that thethat ths american people have gotten aret that, the congress hasn't and t the last game to end the unsustainable trajectory that this government is on. the idea that we can borrown it money, pay interest on it and hs create jobs has not worked.t if it were such a good idea whay don't we borrow three times asmd much and spread around three times as much money. it's not an economically sustainable pherae.worked. it would not work and has not a worked. huge we are facing a huge national dc decision and i believe many oftl my dem

the computer was developed and built in the united states. andy grove wrote about it. 0 jobs in the computer industry in the united states. but 1.5 million jobs are overseas. this is exactly what is wrong. that is the manufacturing company. we have to train -- we have got to keep the intellectual cape kt capabilities to put high-value added product into the stream of this country's economy. >> i totally agree with you, mort. in the piece that andrew wrote was interesting. his point is that america is really good at invents stuff. if you look at who are the big leading edge high-tech companies in the world. they're still american. it's apple. google. facebook. but what is not happening, the follow-on jobs for hundreds of thousands of people are not there. apple is a good example. >> one of the things that is wrong is that for the last 30 years in both the united states and canada, we have told kids, you have to go to school to be financial engineers. we should have been getting mechanical engineers. >> we don't tell kids what to do. we can make it very attractive for peo