Page 112 - 3 2 News Today

Sleep. >> no, he didnt. >> s-6. >> its the table s-6. its how much were actually spending as a share of our national income. and the point is, its not quite when youre saying joe. if you take medicare in 2011 and compare it with medicare in 20020, as a share of gdp, what do you think happens? >> it may go up slightly. >> do you think its going up? >> yes. >> its 3.2% of gdp in 2011. 3.3% of gdp in 20020. there is no explosion of medicare spending. >> wait a minute, wait a minute. jeffrey, come o...

Economist at columbia, a guy that is friends with bono, hangs out with the stars and does great work across the globe. the revered jeffrey sachs, are you here telling me that you dont think medicare and medicaid cause the biggest long-term challenge to our national debt. >> define long-term? >> 30 years. >> 30 years, if you extrapolate that health care costs continue to rise for 30 years, then you get very big numbers, 30 years from now, absolutely. >> thank you. >> if you look at whats happenin...

Australias qantas airways has grounded a 380 aircraft for up to a week after engineers found dozens of cracks in its wings. nissan this morning reported a 3.2% increase in third-quarter profits. toyota reported a stronger than expected quarterly operating profit. and raised its annual forecast for 2012. disney reported earnings of 80 cents per share, higher than analysts estimated on upbeat results are from its theme parks. the chairman of yahoo! and three board members are stepping down aft...

united nations over britains plans to send a warship and a submarine to the falkland islands, which argentina calls maldivas. and the results are in, and theres. an unexpected clean sweep for rick santorum. santorum is celebrating after winning three state contests on tuesday. the former pennsylvania senator won the colorado and minnesota caucuses and the nonbinding missouri primary. those are the headlines. im monita rajpal. "world business today" starts right now. good morning fr...

This, if they do, and what, about 500 people took advantage last time. theyre not even in the market to buy or sell, theyre in the market to stay in their homes, so none of the churn that he we want in the housing market and new buying happens. >> they say this is good for the economy? >> factually it is, were the not talking about 500 on this one, were talking tens of thousands and refinance from 6% mortgage to 3.2, 15 year or 3.8 now, that, you know, is 568 bucks and adds up, sometimes tens of...

To keep up with our population growth. are we on the right path? michael seymour is joining us. great to see you, thanks. >> thank you for having me. >> welcome, let me ask you this. let me see if i can bottom line t corporate profits. the margin. never better. disposable income for consumers down and unemployment, while improving in a steady growth, still all of. whats going on here? >> well, youve got your data down. lets go further and drill into the data more. your numbers were correct,q4 gd...

hostages and freeing jessica buchanan and poul thisted. emergency officials are looking in a brazil collapsed building. they dont know why the adjacent high rises crumbled. one person heard a cracking sound before they fell. french police tell cnn theyve arrested the founder of the breast implant company. our affiliate france 2 tv said this man was arrested around the same time. p.i.p. became the focus of an international health scare over the implants. those are the top stories fr...

Price will come down. under obama, 2011 was the highest price of gasoline in history. its a direct result of his policies, which kill jobs, raise the price of heating oil and gasoline, weaken the united states increase our dependence on foreign countries and in the face of iran trying to close the straits of who muz. theres 3.2% unemployment in north dakota. theres a hint here. you can have jobs, lower price heating oil, which by the way means less lie heap spending. more revenue from the federa...

Politicians, easy answers like that? >> i dont think thats an easy answer. i think thats a statement of fact. [ laughter ] [ applause ] >> let me go back to what john distaso said. its the same question. the long-term answer to $4 heating oil is to open up off shore development of oil and gas, open up federal lines to oil and gas. flood the market as dr. paul said, make supply and demand work for us, not against us. price will come down. under obama, 2011 was the highest price of gasoline in his...

You know. but let me take -- let me go back, its exactly the same question. the long-term answer to $4 heating oil is to open up offshore development of oil and gas, open up federal lines to oil and gas, flood the market as dr. paul said, make supply and demand work for us, not against us. the price will come down. under obama 2011 was the highest price of gasoline in history. it is a direct result of his policies, which kill jobs, raise the price of heating oil and gasoline, weaken the united s...