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So people kind of say yeah, but unemployment is still at 9.6. yes, but it's not 12, 13 or 15. >> glenn: yeah. it's not 70 either. notice how everybody behind him is scratching their heads. the audience is like ah, excuse me? they're in r acine, wisconsin, where unemployment is 14.2%. they're like it is that crappy here. another theory, why it's hard to argue, because history has shown us time and time again that federal spending does not work. debt causes debt. it failed in the 1930s. it failed now in europe. they are getting off it. i know it will fail again. europe knows it will fail again. ...

Kringle at o&h. remember when they used to send those to us all the time? those were the days, weren't they? the president has been taking a lot of heat because republicans have said look, mr. president, you had to spend about $800 billion on the stimulus and you promised that the unemployment rate would not go above 8%. well, it went way above this -- above that but yesterday, the president said hey, look, the news is bad. but it could have stunk a lot more. listen. >> it's hard to argue sometimes things would have been a lot worse. right? so people kind of say, unemployment is still at 9.6%....

Headlines for you. this afternoon, president obama will visit in wisconsin. there, he'll hold a town hall meeting in racine that will focus on the city's suffering economy. the chance to hear the president speak not so easy to come by right now. some residents waited up to 12 hours to get a ticket. > >> to see the first black president of the united states. i think that's a privilege. >> he wants to turn the country around. here's a good example. turn it around. start right here. >> racine suffers a 14.2% unemployment rate, the second highest in all of wisconsin. brian? >> all right. this morn...

>> to see the first black president of the united states. i think that's a privilege. >> he wants to turn the country around. here's a good example. turn it around. start right here. >> racine suffers a 14.2% unemployment rate, second highest in wisconsin. gretch? >> first time home buyers getting three more months to take advantage of the home buyers credit. house voted to give them more time to land a $8,000 income tax credit but the bill doesn't help everyone currently shopping for a home. buyers must have signed a contract by april 30th to qualify for this particular tack break. >> police ...

Republicans say it's more regulation and doesn't go after fannie and freddie. today the president went after the house g.o.p. leader, john boehner, who said the bill was like, quote, killing an ant with a nuclear weapon. the president took that to mean boehner compared the financial recession to an ant. here's more. >> he can't be that out of touch with the struggles of american families. if he is, he's got to come here to racine and ask people what they think. do you think we should fix -- i mean maybe i'm confused. do you think the financial crisis was an ant and we just need a little ant sw...