Page 3 - Dhp John News Today

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I hope it succeeds. john: have you bought some? >> i have not. [laughter] john: have you? i have. >> im dan, i go to community college and obamacares first state of massachusetts, and i wonder if you guys believe theres, like, a better alternative to social spending such as food stamps and social security? >> the milton freed mapp had an idea, a negative income tax, basically, everybody has a guaranteed level of income, and it wouldnt have the same distortions the current welfare system has if t...

Most of the public does, more people your age do. how many agree we should raise the minimum wage? [laughter] all right. well, you clear lier are libertarians. >> if you raise the minimum wage, you raise cost to employers of employing low skilled workers. when you raise the cost, you get less of it. simple as that. john: i want to hear from the students. what questions do you have for abby and john? take it away. >> okay, hi, im lauren clark from arizona state university. im currently studying j...

American exports or investment in america. its normally not seen by the people who dont know economics, but its real, and it helps america. john: more patriotic if i buy american stuff. >> no, no. when you buy american stuff for that sake, that means you are not employing resources as they should be employed. theres no reason you shouldnt choose the best deal you can find. thats patriotic. john: income inequality. the theme of the day, and it is gross that some people have so much more than othe...

Slow job creation. john: can you believe economic professors teach this stuff? >> i wonder if professor smith would double his teaching load if unc chopped the salary in half. i bet not. [laughter] john: theres a credit crisis, regulate the banks. you testified that dodd-frank is the cure. >> dodd-frank was passed in response to the financial crisis to protect consumers, but what we are seeing in practice is that consumers are having less access to credit and savings, and bank fees at record hig...

Constitution. stossel u, thats our show, tonight. ♪ [cheers and applause] and now, john stossel. [cheers and applause] john: thank you, you students are unusual. you have a special interest in liberty. moss people dont which makes me wonder, how many of you ever discuss liberty on your campuses? how many of your professors discuss it? [laughter] how many of them discuss social justice? many more. im not surprised given the love for big government on big campuses. most of your professors prob...

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