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The fact of the matter is they have not seen a big change. interesting enough -- >> but they have seen you spend a trillion dollars to try to fix it. >> actually, obviously we had to invest to try to grow the economy, which every economist, mark zandy, adviser to john mccain, said, look, and others, including marty fellstein, who was with the reagan administration said if you don't replace the withdrawn consumer spending, we may well go into a depression, not a recession, and have unemployment exceeding what ronald reagan's was in the 10.2, 10.3 range. obviously, we had to in the short term in...

Replace the withdrawn consumer spending we may well go into a depression, not a recession, and have unemployment exceeding what ronald reagan's was in the 10.2, 10.3 range. obviously we had to in the short term invest to get the economy moving. in the long term, we obviously have to look at the debt. americans are concerned about both growing the economy and making sure the debt does not put our country at risk. >> and one of the things that the president has asked you to do more recently has been the $50 billion job program, if you will, but you're having a little trouble with that. isn't the...

We have to increase exports. he said we're going to double exports in five years. that's going to boost our economy. >> -- is the 9.5% unemployment. >> yes. >> people in your administration as early as last november and december were saying we're in the beginning of a recovery -- >> yes. >> -- and unemployment is always a lagging indicator. it will begin to go down. here we are eight months later. >> yes. the fact is that it went down from 10.2% to 9.5%. but the important thing is the direction. we went from losing 750,000 jobs the month the president took office to six months of private secto...

Economy. >> but the 9.5% unemployment. >> yes. >> people in your administration, as early as last november and december, were saying we're in the beginning of a recovery -- >> yes. >> -- and unemployment is always a lagging indicator. it will begin to go down. and here we are eight months later -- >> yes. the fact is that it went down from 10.2 to 9.5. but the important thing is the direction. we went from losing 750,000 jobs the month the president took office to six months of private sector job gain. do we feel like we need to do more? yes. and every single day, we're working on things to in...

Struggling with this issue of offshore drilling off the coast of florida. many years ago floridians made a decision that it's the environment and tourism that will be the job generator in florida. >> do you think this is the right thing to be a constitutional amendment? >> well, every year, just this past session, there was a bill calling for drilling three miles off the coast. now floridians see that it's not only an environmental challenge for florida, but it's also an economic challenge, tourism, $63 billion in florida this year, it's going to be cut in half and the number of people have al...