But my point is that infrastructure in this country has been neglected, whether it's our airports, our bridges, our roads, and I don't think there's a governor in this state that wouldn't tell you that you'll create more jobs and you'll build it with American workers, American concrete and American steel.
COOPER: Let's ask the other governor on the stage. Governor Romney, what do you think about that?
ROMNEY: There's no question but that investment in infrastructure makes enormous sense for our country. It's good for business, it's good for the economy, and as the governor that watched the completion -- well, almost the completion of the big dig, I think that was -- I don't know how many governors watched that $15 billion project.
They do create a lot of good jobs and they help our economy. They're great things. But, unfortunately, a road project isn't going to stimulate the economy to the timeframe we have right now at the tipping point. And that's...
COOPER: Was the big dig good, by the way?
ROMNEY: As someone once said, at least badly, of course. So someone has remarked that it's the biggest car was in America and most expensive, too.
It's solved a problem, but it cost way too much money to do. It was very badly managed. But that being said, an economic stimulus plan has to put money in the hands of consumers and businesses and homeowners now and the reason we're asking Congress to move within 30 days is we want to get that out there now so the economy doesn't tip down.
Building a road project, you have to get designs, you have eminent domain, you get the engineers to approve it. It takes years and years and years to get a road project. So it's a wonderful idea, but it's not related to the short-term economic stimulus.
COOPER: Congressman Paul?
PAUL: Well, you know, the governor says that you have to borrow for a handout of a check from the Chinese. Where are you going to get the money to build the highway?
Same old thing. We have a foreign policy where we blow up bridges overseas and then we tax the people to go over and rebuild the bridges overseas and our bridges are falling down and our infrastructure is falling down.
So, yes, this money should be spent back here at home. We have a $1 trillion foreign operation to operate our empire. That's where the money is. You can't keep borrowing from China. You can't keep printing the money.
We have to cut some spending. That's what nobody here talks about. Where do you cut spending if you want to spend some money? We need lower taxes, less regulations, and we need to free up the market.
We can't expect the government to do everything. We have to faith and confidence that the market works, but you can't do any of that unless you look at the monetary system.
COOPER: Next question to Senator McCain from Jim Vandehei.
VANDEHEI: We're staying on the economy here. As you well know, foreclosures last year were up 75 percent. A lot of people are losing homes. A lot of people who have adjustable rate mortgages are about to have them adjust up.
Amanda Oro (ph) from Casey, Illinois wants to know if you have a plan to help people with bad credit get lower interest rates so they can keep those homes and avoid foreclosure.
MCCAIN: Yes, and it's tough and it's tough here in California, it's tough in Arizona, it's tough particularly all over, but it's very tough particularly in the high growth states.