Detailed text transcripts for TV channel - FOXNEWS - 20110727:03:03:00
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The poor to prosperity. they can't. in 1965, the poverty rate in this country stood at 14%. now, after untold trillions have been spent fighting poverty, the poverty rate is 14.3%. amazing, is it not? the conclusion, america is bankrupting itself with an entitlement philosophy that does little. and that's the memo. now for the top story tonight, according to a consulting firm mackenzie and company, 20% of american men ages 25 to 64 are currently not working. that's up 13 points since 1970. if the study is true, that's obviously a massive problem. here now to analyze our barack and hard place d...
And 18 times that of hispanics. on the surface, that looks bad. but if you look behind the stats, as talking points always does, not about skin color or ethnicity, it's about education. the unemployment rate for americans with college degrees 4.4%. if you have a high school degree, it's 10%. if you fail to graduate from high school, the unemployment rate is a whopping 14.3%. so you can see the key to success is graduating from college. our high tech society demands educated people and if you are not educated, you are likely in for a very rough time. also, the unemployment rate proves that no m...
And 18 times that of hispanics. on the surface, that looks bad. but if you look behind the stats, as talking points always does, not about skin color or ethnicity, it's about education. the unemployment rate for americans with college degrees 4.4%. if you have a high school degree, it's 10%. if you fail to graduate from high school, the unemployment rate is a whopping 14.3%. so you can see the key to success is graduating from college. our high tech society demands educated people and if you are not educated, you are likely in for a very rough time. also, the unemployment rate proves that no m...
The poor to prosperity. they can't. in 1965, the poverty rate in this country stood at 14%. now, after untold trillions have been spent fighting poverty, the poverty rate is 14.3%. amazing, is it not? the conclusion, america is bankrupting itself with an entitlement philosophy that does little. and that's the memo. now for the top story tonight, according to a consulting firm mackenzie and company, 20% of american men ages 25 to 64 are currently not working. that's up 13 points since 1970. if the study is true, that's obviously a massive problem. here now to analyze our barack and hard place d...