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♪ all right so at the top of the show we talked a little about how the cost of a middle class parent is going to be $241,000 currently to raise a child born in 2012. if you want to sound smart tell your friends parents with three or more kids are in luck because the number declines by 22% with each child. parents with only one child are likely to spend 25% more. that's because if you're like the younger kid like me, you get stuff handed down to you. so parents don't reinvest in new stuff. enough about the real news, we want to go to the water cooler and two of "the real housewives of new...

And to rear that child today could be about $241,000. these numbers don't include the cost of sending that kid on to college. now to business, where later today we are going to get a look at the weekly jobless claims as well as some other economic key data. the fate of the fed stimulus program continues to impact the markets, all three indices were down yesterday with the dow falling more than 100 points. for more on today's business headlines we say good morning to jeff cutmore who is live in london. >> good morning, thomas. well, latest filings are through from some of the big institutiona...

Costs jumped. health care nationwide has been rising costs over the past few decades, and so no surprise that affects children, too, and so, yes, drum roll, please, the total amount of money that you need to raise a kid born in 2012, 241,000, and that is up 8:00 from 2011, and the more the child costs, the more he costs, because he eats more and may need a drive and involved in extracurricular activities and tutoring and lessons and on and on and you hope that you get paid back in hugs and kisses. >> you act like you are speaking from experience perhaps. i'm listening and people don't have to ...

Incapacitated. the judge threw it out. if i could have sued for every bit of money i left at a bar, i'd be -- it's work. ridiculous concept. the guy, if you can't handle it, buddy. get out. you know? what do you think the women are there for? they are there to push drinks on you. >> dana: can i ask you something. is it possible to order $28,000 worth of drinks at a club like that? >> bob: yeah. >> andrea: i'm surprised it's so little. every six months there is a story about someone who goes in one of the manly, meccas and i pulled up the numbers. $241,000 at flash dancers. another guy spent $4...

He said he was too drunk, incapacitated. the judge threw it out. if i could have sued for every bit of money i left at a bar, i'd be -- it's work. ridiculous concept. the guy, if you can't handle it, buddy. get out. you know? what do you think the women are there for? they are there to push drinks on you. >> dana: can i ask you something. is it possible to order $28,000 worth of drinks at a club like that? >> bob: yeah. >> andrea: i'm surprised it's so little. every six months there is a story about someone who goes in one of the manly, meccas and i pulled up the numbers. $241,000 at flash dan...