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17.7% in portugal. to put that in perspective, u.s. unemployment peaked at 10% during the height of its financial crisis. and youth unemployment in europe is drastically higher. 60% in youth unemployment, spain as well, 42% in portugal. leaders there have real cause for concern as younger people grow older without the job skills they need to support themselves and grow the economy. it's going to put a strain on europe's economy and their deficits. the deficits and austerity measures put in place to deal with their dent are a source of major controversy there. as the debate rages on, leaders ar...

And truly devastating austerity cuts. under his leadership, pensions cut by 40%. 30,000 government workers laid off, taxes raised several times and gdp contracted to negative 7% in 2011. the unemployment rate rose to 17.7%. 40% for young people. an austerity regime so blunt and unpopular it ultimately brought down his government. joining me tonight, george pop pan dray you. thank you for joining us. there are many differences between the u.s. and greece i would like to talk about. >> and some similarities. >> and some similarities. i want to talk about the politics. you had to do this, the pol...

The unemployment rate rose to 17.7%. 40% for young people. an austerity regime so blunt and unpopular it ultimately brought down his government. joining me tonight, george pop pan dray you. thank you for joining us. there are many differences between the u.s. and greece i would like to talk about. >> and some similarities. >> and some similarities. i want to talk about the politics. you had to do this, the politics of being from the center left and having a coalition and base of support that wants things like pensions and higher wages and social spending and getting in power and having to turn...

17.7%. 40% for young people. an austerity regime so blunt and unpopular it ultimately brought down his government. joining me tonight, george pop pan dray you. thank you for joining us. there are many differences between the u.s. and greece i would like to talk about. >> and some similarities. >> and some similarities. i want to talk about the politics. you had to do this, the politics of being from the center left and having a coalition and base of support that wants things like pensions and higher wages and social spending and getting in power and having to turn around and implement cuts tha...

Lost 14,000 members, workers, construction workers in february, we have a 17.7 unemployment rate in the construction industry, and we have republicans radical republicans in washington d.c. that are holding up the highway bill as you said, adding things like contraception and things of that nature that have no bearing and should not even be mentioned in the discussion about passing a comprehensive highway bill. >> terry, how many jobs, if we were to pass the highway bill, if congress were to do that, how many jobs are we talking about? >> the senate bill alone, every one billion in infrastruct...