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Recession fears. i don't know really that's the conversation where the mixed feeling of the job growth is there. spending is interesting. pay attention to the debt number as well. i think that also, the repaying of loans obviously mortgage loans taken out last year could creep up, too, when you see default loans being higher. >> we've been talking strictly about the u.s., but obviously don't operate in a bubble. what are the global numbers. europe, china? what do they tell you? >> yeah. you know, it's interesting. started the year people would say, well, kind of gloomy the last couple, you kno...
Generations as we can? absolutely. but it is nuts to try to blame social security and blame working americans who pay for the program and suggest that social security is in any way responsible for the national debt. it simply is not. >> i'm glad you brought your trademark white board. and luckily you didn't need to write the whole national debt number on it. you just needed to write zero. but, to this point, the overall debt number is immense, right? the debt since the last time we were on a brink of a default, 2011 when we lost that first credit rating. as you know, the debt has more than dou...
We've seen more sparks than we can say. about 20 million just yesterday. the more we look the more we find, the sparks that make america shine. bipartisanship on christmas eve. they passed a package to avoid a looming shutdown. it delivers wins for both parties and it's anything but paid for. the "washington post" reports it could add more than $500 billion to deficits over the decade. the deficit is expected to top a trillion. the debt number, passed $23 trillion for the first time in
What the federal government should do, then we are going to hold each dollar you spend on the military hostage as a ransom, if you will, to spend on all of our domestic pet projects. the president felt as though we need to move forward on rebuilding the military, so that's where we sit right now but there are plenty of plans in the future -- >> martha: we didn't see much movement in this regard when republicans had all three, the white house and the house and the senate. >> the president put forth a plan that would all the cuts in spending -- that's exactly right. >> martha: is kind of i think...