Garyb Basically Steve News Today

>> isnt this a dangerous way to enforce fiscal discipline? shouldnt we be doing it because we have a budget and stick with it like most americans have to? >> well, we do have a budget, but the budgets arent being passed. theyre not being adopted. look, anything that keeps the focus on reducing debt and deficit in my mind is a good thing. getting rid of the debt limit is papering over the real uncertainty, which is american consumers, american investors dont know if and when washington will ever ...

Bone here and in israel going through tel aviv, its run by the government, a semi private business though, and they have no hijackings, you get through in an instant. they use eye scans, retina scans and use technology to get people through and theyre paid on that, and here theyre getting paid to be slow and hey did you watch the show last night? >> and steve, steve, weigh in quickly. >> its for your protection, like its for your health going to the doctors office they shouldnt privatize this an...

Lets borrow more. i think steve is right. this should be a regular conversation because as he points out. weve not had a budget passed by the senate in the last four or five years, for crying out loud. >> there has to be check and balance. jonas says lets get rid of it. my gosh lets get rid of everything and spend whatever we have out there. so like todd said we could stimulate the economy and all of that spending hasnt worked and buried us in a deep hole and we need to pay attention to this stu...

Relatively small, its within the zone of really sound economics, the inflation problem is wages. wages over the last generation have gone down in real terms. we need to see higher wages and then 2% inflation on the price side is no problem whatsoever. >> brenda: okay, todd. looking ahead with all the borrowing the government is doing. where do you see inflation going? even if you dont say its very bad right now, you see it going up? >> well, oh, yeah, well have inflation eventually, brenda. the ...

Helicopter route. >> brenda: okay, well, jonas, no inflation actually means the savers are getting hit, too. thats the other side of this story. >> i will note that chipotle uses organics that are hard to hedge and in the market like burger king to keep control on the food costs and definitely people get hurt by currently relatively low inflation. if youre living off safe investment returns, bonds, cds, thats yielding below inflation right now, a terrible situation. if you are working, a working...