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The newspapers or at least his speech writers don't. not just forbes. other evaluations taken by nonpartisan organizations found the united states sinking in the rankings become a less desirable place to be. >> according to forbes, ireland is the best country for business. we're 14th. estonia beats us. peter, what is it about what we're doing wrong where this is not such a good place to invest these days? >> taxes and regulation. we have the highest corporate taxes in the industrialized world, perhaps on the entire planet. and we have the most cumbersome financials regulations. in an effort to...

Welfare. aside from creating an entitlement nation we've been talking about here on the channel, are the president's poeulgs hurting our -- president's policies hurting our country's future. let's talk to professor peter moreci. professor, good morning to you. you wrote a column talking about how the euro sclerosis has come to america. what do you mean? >> we're adopting italy's policy. lots of entitlements, income support and so on to the point that more americans, typical americans are collecting a means-tested benefit that are working which slows growth and the rest of us who do work have t...

Shows how defense spending as a percentage of the tkpwopd has gone -- as a percent of the g.d.p. has gone down. in 2012 it was 12.3%. fast forward to the 2016 estimate and it looks like just 3.1%. what's the matter with spending less on our national defense, professor? >> let's look at what's happening in the middle east and asia. in the middle east we've abandoned egypt, for example, narrowing our focus. they justify this by saying we're shifting resources to asia. look at what has shifted to asia. not that much. now the japanese, the prime minister is saying that japan has to rearm to protec...

Blame. there actions the president himself could take to improve the situation dramatically right now. >> like what? >> for example he could ease back on the banking regulations that are tieing up lending to small businesses. he could open up drilling in the gulf. and he could do what he promised to do over and over again in 2008, and then broke his word to the american worker. and that's finally do something about china. there is actions we could take. he has told the chinese he could. the trouble is they have called his bluff and guess what they found out? our president has got real weak kne...

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