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  Studio B With Shepard Smith  FOX News  February 2, 2012 3:44pm-3:50pm EST

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>>shepard: the bell is ringing. the trump is talking. take it away. >> whether it is opec, the opec nations, or china, or virtually anybody that we do business with through the world, they take advantage of us, they laugh at us, they can't believe their go fortunes. i deal with these people. they cannot believe what they are getting away with. so, we really have an opportunity to do something great for the country and just a little while ago i didn't mention this, but the c.b.o. chief in washington announced that unemployment is going up to 9.2 percent by some time in january, so, it is going to go up and the growth rate is going to be about 1 percent. note good news. it is my honor, real honor, and
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privilege to endorse mitt romney. by the way, this is a great couple. you look at this couple. (applause). >> mitt is tough. he's smart. he's sharp. he is not going to allow bad things to continue to happen to this country we all love. governor romney, go out and get them. you can do it.
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>> this are some things can you not imagine happening. this is one of them, being in donald trump's magnificent hotel and having his endorsement and i am looking for the endorsement of the people of nevada, of course. donald trump has shown an extraordinary ability to understand how our economy works, to create jobs for the american people, and he has done it in nevada, he has done it across the country and he understands that our economy is facing threats from abroad, and he is one of the few people who stood up and said china has been cheating. they have taken jobs from americans. they have not played fair and we have to have a president would will stand up to cheaters and we believe in flow trade and free enterprise but not in allowing people to cleat day in and day out and i will work hard to make sure the people in this country have a brighter future than that
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which is projected bit c.b.o. their analysis of what will happen in the future of america is driven by the policies their we sag from a president who is failing. he is frequently telling us he did not cause the recession. that is true. but he made it worse. and he made the recovery long and tepid. the people in nevada are suffering. so many have their homes underwater. it is extraordinary. and nevada leads the nation in a negative way if you look at foreclosures, the last 90 days nevada is number one in the nation. this is a very tough time for the people of nevada. and i want to do everything in my power to get this economy going again so people can be in homes they can afford, so we can have the american people have rising incomes again, so we can make sure that america stands strong around the world. we have a president who may be a necessary give but he is way over his head. he does not understand what it takes to get america working again. i do. i spent my life in the private sector, not as successful as
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this give but successful nonetheless, sufficiently successful to understand what it takes america to be the most attractive place in the world for innovators and entrepreneurs and job creators. i want america to be the place people want to come and grow. and i will use all of my energy to get america working again, to help the people of this country ha rising incomes and go jobs and homes that are worth something. i say thank you to donald trump for his endorsement, and it mean as great deal to me to have the endorsement of mr. trump. i cannot keep going down the road we are on. we have to dramatically change course. we have to restructure the way government interacting with people. our g is too big. it is too intrusive. it places too great burdens on our people and i will change the way the government is working and stand up for our friends a broad and make sure america is
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the shining city on the hell. thank you for your help 67 dorsement and look forward to seeing you on the trail. thank you, donald. (applause) >>shepard: endorsement is in. the lights are flashing. breaking news changing everything. and donald trump has changed everything in that he just endorsed mitt romney. but donald trump said something that is not true. i need you to read, we fact checked him, he said that unemployment would go up to 9.2 percent. here is what it said, growth would slow to 1.1 percent in tents if fiscal year 2013 which starts october 1 if a number of tax cuts were allowed to expire and if across the board government spending cuts take effect as scheduled, this is from the c.b.o. if no agreement is reached to citizen the tax cuts and block the spending cuts unemployment rises to 8.9 percent by year end from 8.5 percent and hit 9.2
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percent at the end of 2013. donald trump forgot the "if's," but he has changed everythg