Page 13 - Garyb News Today

Normal in america. there are pockets of sensational things in silicon valley. most of the country feel on the edge with job security. the drop in oil prices is why its crushing companies profitability. college graduates are not getting the jobs. that puts a dent in the debt. on top of this, because of terrorism, you have a psychological dynamic. this has been going on for longer than just this fall. gary b., to you. lets talk about the spending with consumers. its been falling for some time, now...

Rate has been dropping like a rock. if you track that and oil prices, they are going in the same direction, 62.5%. the jobs that this administration tout are being created are part time jobs. finally, housing prices. theres a good part of the country under water in 07. just for inflation, people havent made a dime since 2002. no wonder people arent out there spending. even if you have a job and protesters blocking you at the mall of america from spending your money. >> what that has to do with a...

Why trust the government there is going to be an increase in the number of jobs or job security or anything. you are holding on to any money they have. they dont want to spend it. its not going to make you go big at the mall to think i have 500 more dollars in my pocket. you are going to put it away. i want to bring up something that caught my eye. the protest at the mall of america, gary b., you brought it up earlier. what does this have to do with -- what is going on here and what is going on ...

Could possibly sneak into the u.s. with syrian refugees. gary, you say fears over all this is not helping our economy. how so? >> absolutely, brenda. the conventional wisdom has always been we are a strong, resilient country and shrug these off and go about our business. to a large extent thats true. but look in the northeast when there is a the threat of a snow storm. people rush to the supermarket and buy 200 rolls of toilet paper. people panic. i tell you what. if we continue to have increase...

Employees. do you say something else? >> i think its terrible for business. i dont know why you would stay closed on one of your busiest days of the year. i really think this is more of a marketing ploy. brenda, thanks to you and gary b., we get incredible ratings on this show. think about how much free publicity were giving them. i think its a marketing ploy with r.e.i. i think its bad business to stay shut. >> jonas, you think it could be good for the economy. >> in general its great that ther...

Needs 50 bucks 50 bucks. the first thing youll do is buy a few more cases of beer and a few more what a burgers and thats going to help the people selling beer and what a burgers. >> gary b., this is basically the government telling businesses what to pay their workers and not -- they shouldnt be making the business decisions, should they? >> exactly, brenda. i guess if youre where chuck is from, you have a one-stoplight town and the one employer and all the workers have to work there, its a fan...

Greece. and i dont think thats a good place to go. >> you know, i think everybodys -- mine, yours, everybodys share of this is some $50,000. chuck? should we raise the debt ceiling or just cut spending? >> this just in -- people in washington, d.c., are talking about giving stuff away and giving people money because they can be re-elected. absolutely. with this particular debt ceiling and this case, this is our own debt weve already incurred. we dont want to default on our loans. i sound like ga...

Well. >> americans have a ton of stock in their 401(k)s and their i.r.a. s and their regular accounts. you cant have it both bayways. if blame the rich people for the dow you have to blame the rich people for 6,000 on the dow in 2009 to where it is now. if you want to blame anybody, blame ben bernanke for policy. they need to back away if anybody need to. >> he was the head of the fed and theres been many year where is the fed has eventually been printing money. thats what youve been talking abo...

Pushed back to the corporate headquarters. all it is is a union grab. >> emily, you this is a good thing. why? >> i do. i think its more simple than that. i think these are large corporations that to their franchisees they dictate qualifications for hiring, they dictate shift schedules, they dictate how they input all of that information, and now the employee can start to about like the corporate is their employer. theyve been acting like their employer. now the employee can start to deal with t...

Record now? >> i think youll see them concentrate on the positive things i started with, unemployment rate, how many jobs theyve created. this week i was in the keys doing some fishing with a lieutenant colonel of mine. he was doing a lot of trading of stocks. he said, chuck, you ive worked hard, you have liquid atsz ets. heres the first time to invest, which is the first time i thought why would i want to invest you now? he said this is the time to get back in. it will readjust. it made me step...