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On the issue of debt against extending unemployment. that is a remarkable -- >> it's not -- >> so senator jim bunking was setting the way? >> i understand. the way -->> there is a difference. >> what i'm saying -- >> no, you can't have unemployment. >> is that how the democrats -- >> i know. >> it should be clarified. >> that's how the ads will play. despite the fact that the republicans are going to be on tv in re-election, nonetheless, the republicans think that the debt issue is so strong that it will override that even if it misrepresented as opposition of the unfortunate, unemployed. >> b...

>> okay, let's talk about the national debt. it's clearly out of control. we had the third largest single day increase ever, more debt in one day than we had in all of the year 2007. so, elliss, i'm going to give you the first chance to talk about it. tell me why the debt under obama is a good thing here? >> governor, debt is not an inherently bad thing. when you have a house mortgage, didn't that allow you to do things-- >> higher than my income. >> i bet your house mortgage was more than you made in a year and probably the best thing you and your wife ever did. >> mike: one thing to have deb...

We've come a long way though. first you have to remind people where we were 18 months ago and how much progress we've been made then he's talking about where we're going to go. in terms of national hraoeudzing -- national eyeing, the president didn't nationalize the automotive industry he saved it. he's a pro-business friendly president. he's focusing on proving the -- improving the economy and we have to come together on a long term structural debt issue. patti ann: okay, pete many republican conservatives openly admit that the bush administration did spend too much and they actually said so ...

Currency? >> partly. one of the reason they have resources around the world in dollars is held the currency flat for two years. so that's one reason why they have so many assets in general. but also, the banks are more subject to direct state guidance on whether they loan or not loan and so if an impulse starts they have ways to stop it. >> go ahead. >> one of the things that the president is trying to pitch now is that he's going to increase exports. and one question that you have to ask is, who's going to buy our exports right? >> what are we going to export? >> is europe gwynn what's happen...

She annika roll brown were biopsy twins in the white house. on the other issues welfare reform and fiscal policy and terrorism, i would peg her as moderate. >> sean: we new numbers out today. cbs news reports 41% of u.s. children are now born to single mothers. we have a new record food stamps, 40 million americans, 1 in 8 on food stamps. heritage foundation report 1 in 5 rely on government for daily housing, food and health care. >> this is what we are seeing in greece. where this kind of level of government expenditure. this kind of insane government expenditure has led to the ruination of a...