This is a rush transcript from "On the Record," January 30, 2012. This copy may not be in its final form and may be updated.

GRETA VAN SUSTEREN, FOX NEWS HOST: In just eight-and-a-half hours, the polls open for the Florida primary, and Donald Trump just got back from Florida. He says the campaign there is brutal. Now, that is just one of the things we talked about with Donald Trump at Trump Tower today.

(BEGIN VIDEOTAPE)

VAN SUSTEREN: Donald, nice to see you.

DONALD TRUMP, TRUMP ORGANIZATION: Thank you.

VAN SUSTEREN: And always glad to be in your office.

TRUMP: Well...

VAN SUSTEREN: Or the conference room.

TRUMP: ... we love having you with this great crew.

VAN SUSTEREN: All right, I want to go to some recent tweets of yours. Have you -- you had a recent tweet in which you talked about food stamps being up 45 percent. Why is it up 45 percent?

TRUMP: Well, the economy is terrible. The world is not doing really well, although some parts of the world are doing incredibly well, but we're leading the world in terms of not doing well. And it's got to change.

So obviously, food stamps are going to be up and a lot of other bad things are up also, including, if you look at unemployment, if you look at the real number of unemployment -- you know, I see where they try and say it's coming down. I have a friend who's a very, very brilliant economist who said that our real number is probably 20 or 21 percent. But we don't count it like we used to in the old days. You know, in the old days, if you were unemployed, you were unemployed. Today, if you stop looking for a job, they don't consider you unemployed, so...

VAN SUSTEREN: Or if you're underemployed, if you were a CEO of a company and now you're a part-time job at...

TRUMP: Yes, they don't consider that, either.

VAN SUSTEREN: Right.

TRUMP: Underemployed. Well, underemployed I leave out. But if you stop looking for a job, now all of a sudden you're not in the statistics. So it's a problem. The country has some very serious problems.

VAN SUSTEREN: Speaker Gingrich made a remark -- I think he referred to the president as the "food stamp president" and it set off a lot of people -- some people thought it might be racist and there was a horrible criticism of...

TRUMP: Well, Greta, everything is racist. If you ask any question or criticize the president it's always racist. If you ask how come he doesn't reveal his marks in school, was he bad student? The answer is yes.

VAN SUSTEREN: How do you know that?

TRUMP: Because I've been told. And I hear that his one college he was a very bad student and then he got into Columbia where he was a great student. And then he got into Harvard. Maybe it's not but that is what I hear.

VAN SUSTEREN: I guess I am less confident in my grades.

TRUMP: Maybe everybody could say that. But if you say that, you are a racist. If I say to you, you're a lousy student, I don't think you'd consider that racial or racist. But he did get accused of being racist because he mentioned the words "food stamps," which is interesting.

VAN SUSTEREN: How do we overcome that? The fact we have so many people on food stamps a lot of people are hurting.

TRUMP: It means the economy is not doing well. He was meaning the fact that people aren't getting out and working like they used to. You can make that case also. You can make a case that people don't have the same drive because there are incentives -- we have it where people that are unemployed don't want to go back to work because they can pick up many more months of unemployment insurance and various other things. I've seen that. I hired a person once who said could I start in three months. By the way, when they said, I said no thanks, forget it.

VAN SUSTEREN: What is going on? There is a difference. Some people want to go out and work and come in early and forgo benefits. Some are not. Why is there such a divide?

TRUMP: It's just happening more and more with this country. And maybe that is why the country isn't doing like it used to do. There are people that want to take maximum advantage of benefits before they go back to work. And that's a problem for this country.

VAN SUSTEREN: Is that sort of a state of mind in the sense that if it's so easy to do, people don't care that much. They are willing to run it up. Is there a sort of malaise?

TRUMP: I can't say everybody. A lot of people are pitching harder and working harder than before. It's a state of mind for some people. Certainly some people are really not out there doing what they are supposed to be doing. I'm not the first one to tell you this, but there are many people that would rather stay unemployed for a certain period of time, pick up maximum benefits, and then go out and get a job.

VAN SUSTEREN: I guess I'm focusing on that is a large part of the economy is people's attitude, inspiration. If people are feeling good, they might consume products. If more people consume products, the more we'll make those products. How do we inspire people to make people food feel good?

TRUMP: It's very important element. I'm a big fan of Steve Jobs and great fan of Apple. But wouldn't it be great Apple if they made these products in the United States? That would be the super Apple. We'd change the name, Super Apple. Their products are made for the most part in China. They get great credit. It's a great company, a cash machine, but their products are made in China. Wouldn't it be great if they were made in United States?

VAN SUSTEREN: But they are made so quickly in China, they can say we can get them done cheaper and faster in China, and so why not do it there?

TRUMP: I'm not knocking it, but the new leader of Apple said we're going to build plants in the United States. We can do great things in the country, but maybe the incentives aren't there or people aren't there. There is something. Virtually 100 percent of Apple's products are made outside of the country, it's pretty sad.

VAN SUSTEREN: I guess that's why I go back to inspiring people to be enthusiastic and attitudes changing, a can-do attitude.

TRUMP: It starts from the top. It starts from the president. And people don't feel great about the country right now. You look at any poll, people aren't feeling good about our political leaders or the country.

VAN SUSTEREN: I remember when the president ran he'd get huge crowds. People were initially inspired. What happened?

TRUMP: We got change. You tell me. The word is "real change." We need real change. He did run. People didn't know him. He never did anything. The only thing he did, the only deal he ever made was for his house. And he never did anything so there was nobody to criticize.

It's very interesting. If you are a person that does a lot and really with great success, you have a big record where people can criticize. He came in with really no record. But he said he was going to give us change, and change has not been a good thing.

VAN SUSTEREN: The auto industry -- it's going down last two months a little bit.

TRUMP: It depends on how you look at it. We have tremendous unemployment in this country. As far as the auto industry, do you think it would be saved if they would have done nothing? I personally do. I think it would have been saved if they had gone through the rules and regulations of the court system and I think it probably would have been saved if they did nothing. You know if I look also and look at the bailout, hundreds of billions of dollars are still out there waiting to be repaid, as you know, including the auto industry.