Triggered brexit this week amidst fears of a populist sweep of europe. But the center seems to be fighting back. Well explain. Finally, as President Trump throws back environmental regulations, a novel idea from other corners on how to save our planet. Give nature the same legal status as human beings. But first, heres my take. The recent republican debacle on health care could prove to be an opportunity, you see its highlighted yet again, the complexity of americas medical system which continues to be by far the most expensive and efficient in the advanced world. But donald trump could actually use the legislative collapse to Fix Health Care if he went back to basics and to his four convictions on the topic which are surprisingly intelligent and consistent. Clearly, there is an understandable impulse on the right to assume that health care would work more efficiently if it were a free market or a freer market. Its true for most goods and services. But in 1963, the economist Kenneth Arrow who won a prize offered a simpler explanation as to why markets would not work well in this area. He argued that there was a huge mismatch of power and information between the buyer and the seller. If a salesman tells you to buy a particular television, you can easily choose another or just walk away. If a doctor insists that you need a medicine or procedure, you are far less likely and every advanced economy in the world has implicitly acknowledged this argument because they have all adopted some version of a state directed system for health care. Consider the 16 countryings that rank higher than the United States on the conservative, heritage foundations index of economic freedom. All have universal coverage and state driven, guided, or operated systems. Hong kong offered considered the most unregulated free market in the world has a britishstyle governmentrun system. Switzerland, one of the most businessfriendly countries has a private insurance system just like the United States, but found that to make it work we had to introduce a mandate, like obamacare. I am particularly struck by the experience of taiwan which canvassed the world for the best ideas before creating the system. It chose medicare for all is angle pair with providers. The results are astonishing. It has achieved some of the best outcoming in the world while paying anl 7 of gdp on health care compared to 17 in the u. S. I asked an economist what lessens they took from the United States. You can learn what not to do from the United States rather than what to do. Americans often assume that despite its costs, American Health care provides Better Services than others. For example, we often hear about the waiting time for chair in other countries. But according to to the Common Wealth fund, among industrialized countries, the u. S. Is in the middle of the pack for wait times behind even the united kingdom. Trump has now taken up the call to repeal obamacare. But until recently, health care was actually one of the rare Public Policy issues on which trump had spoken out consistently for 20 years. In his 2000 book, the america we deserve, he said im a conservative on moat issues, but a liberal on one this. We should not hear so many stories of families ruined by health care expenses. We must have universal health care. We need as a nation to reexamine the single payer plan as many individuals states are doing. Trump was right on this issue for much of his life. He has recently caved to special interests and ideology unmoored by facts. He should simply return to his convictions, reach out to the democrats, and he would help america solve its health care crisis. For more, go to cnn. Com fareed and read my Washington Post column this week. And lets get started. This week, the Senate IntelligenceCommittee Held a hearing on the meddling in the u. S. President ial elections. The house investigation is now surrounded by allegations of partisanship, secret deals, and preferential treatment. And there have been called for Committee Chair devin nunes to recuse himself from the investigation, including from members of his own party. So does the nation need a 9 11type independent, bipartisan investigation into these matters . Joining me now is the chair of that 9 11 commission, former new jersey governor and republican saw itward, tom king. Whats your simple answer to the question, do we now need a 9 11style coalition . We may need, but i dont think we ought to do it yet. The best way to do it, when you set up a government is to do with a congress. And if the congress can do it, they ought to do it. Because kind of independent investigation, youre talking about is mostly time consuming, hard to set up, you know, it takes, as you probably know, sometimes security clearances for members of the commission can take five weeks, six weeks, five months sometimes depending on how difficult it is. Its not good for the country to have the administration under a cloud like this. They have important things to do that weve got to negotiate with russia. How can you negotiate with russia when this kind of a cloud is happening up . How do you get rid of the cloud . I think you have very important bipartisan investigation. Rightly so, it should be done with the congress. I would say it ought to be bipartisan and can the House Committee investigate . Do you think its tainted now with what you know . Yes. It is tainted . And its very, very hard to do it. Now because people have serious questions, but its impartiality and the impartiality, you cant operate like that. You have to something of the American People and main taint confidence the American People throughout the investigation. So should nunes recuse himself or resign from and this . I think thats obviously up to him and up to the house speaker, but to me, i dont to want see three investigations. I dont see the fbi investigation, i dont want to see Senate Investigation and a house investigation. Calling the same people, making different conclusions possibly and partisan and not partisan, thats not the interest of the American People. There should be one investigation. You would willed a cause for a joint committee. Reporter yes. House and senate. Yes. Learn let the fbi report to them. But you dont want the fbi investigating this . I think the fbi should be investigating it, but under supervision. Theyre a part of the justice department. Thats a little strange. Director comey, i have full confidence, i know him, i like him, hes a nice guy, but some people dont. I think you need to bring this altogether. This is such an important investigation, the American People have to have confidence in it. The results have got to be clear. If the russians were involved here, we have to know about it and know what we have to stop it from ever happening again. All of this is important. So i think it should be a joint investigation, the American People can have full confidence in and ought to be open and bipartisan. So you dont you dont agree with those who say this is much to do about nothing, you think that the pieces of evidence we have are enough to suggest we need to figure this out . Yes. I think we have to figure it out. Look, theres tons of smoke. We dont know how much fire there is, but we know theres a lot of smoke. You cant just allow that to cloud this administration for the next four years. What is the path forward here because somebody has to produce the kind of the kind of initiative the framework youre talking about . For everything ive heard about the Senate Investigation its starting off on the right track. The house has sort of gotten off track. And i think the president could participate here. The president , number of the president s people said look, ill testify, i didnt do anything wrong, thats fine, but more than that, i think the president should be part of it. The president should go along with the investigation. If its right, commend the investigation, be bound by whatever our outcomes are and to do that hes got to be assured theyre going to be fair and bipartisan. I think that assurance has got to be made. We had that on the 9 11 commission. Some people doubted us and some doubted us all the way through. As we were going along, we got the confidence of the American People, confidence of the president and we were able to produce a report that all three bought into. And thats whats got to be done here. One of the aspects of 9 11 commission that seemed to me very important was it shed light on a whole range of topics, not just maybe the specific one of why 9 11 happened, but it shed light on all kinds of ancillary topics, do you imagine that Something Like this, proper commission, could shed light on this whole issue of cyber war, hacking, foreign governments interfering, how we should think about these issues . It would be enormously helpful if it did because look, we havent gotten a handle on cyber yet. But since then, weve ive talked to the chief intelligence agencies and previous obama administration, every one of them said, number one, cyber threat. Thats the thing we should be worrying about most out of the whole intelligence bunch. And so, if thats true, weve got to do much more about it. And were doing it. Tom king, pleasure to have you on, sir. Thank you. Next on gps, one of americas top ceos, he does the same for donald trump. Jeffrey on how big business will fare under the art of the deal president. Rodney and his new business. He teaches lessons to stanley. And thats kind of it right now. But rodney knew just what to do. He got quickbooks. It organizes all his accounts, so he knows where he stands in an instant. Ahhh. Thats a profit. Which gave him the idea to spend a little cash on some brilliant marketing ha, clever. Wow, look at all these new students way to grow, rodney know where you stand instantly. Visit quickbooks. Com. Im in the kitchen. I need my blood sugar to stay in control. I need to shave my a1c im always on call. An insulin that fits my schedule is key. Tresiba® ready announcer tresiba® is used to control high blood sugar in adults with diabetes. Dont use tresiba® to treat diabetic ketoacidosis, during episodes of low blood sugar, or if you are allergic to any of its ingredients. Dont share needles or insulin pens. Dont reuse needles. 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The microsoft cloud helps the pga tour turn countless points of data into insights that transform their business and will enhance the game for players and fans. The microsoft cloud turns information into insight. According to fortunate ge is the 11th Biggest Company in america the 26th biggest in the world is a company with a very long history going all the way back to 1878. It got its start with Thomas Edison and light bulbs. It now makes everything from your refrigerator to the engines on jet that flew you on your last vacation. It is deeply invested in health care, power, transportation, and much more. Ges long time chairman and ceo jeffrey was a job czar for president obama and part of a Jobs Initiative for President Trump. He joins me now. Pleasure to have you on. Good to see you again. What do you make of the American Economy now. All of the soft data, the stock market has been booming since President Trump was elected. But all the hard data, the actual numbers for business orders and the like are flat. And the implication of your article physical theres no fundamental reason for this, for this boom in confidence and the stock market, and that eventually its all going to come down. What i would say, i still think the u. S. Economy is on a steady Economic Growth pattern, right . Its clearly not a 20 since last november, but it continues to grind forward in a 2 gdp path. We see it. We feel that. As importantly for the First Time Since the Global Financial crisis there are more economies around the world doing better. Europe is better, chinas better. I dont think its just the u. S. I think the Global Economy is slightly better. When you go to wall street, youre going to be proven out in earnings of companies and cash flow more so than speculation of which laws going to get passed. Exactly. Yeah. Do you think President Trumps economic policies are going to be a big boost . Heres what i think, if you look at tax reform leg la toir reform, and infrastructure, those things, i think those were known to president clinton, president bush, president obama, as things that the u. S. Had to do. 40yearold tax code. Not a reinvestment back in the economy, we should. I think the regulatory opinion went too far and the Company Needs infrastructure. You do those three things, i think the economys going to do better. You have done something unusual in the last couple of months though, you have twice, to your employees, come out essentially in opposition to something the administration did on the travel ban, your expressed concerns and on Climate Change policies you expressed concerns in a memo where you essentially disagreed with the trump at mrgs, talk abouted how crucial it was that the u. S. Continue to be a world leader on Climate Change. Why didnt you feel the need to do this . By and large, ceos should keep their head down and do their work. And in many ways, i agree with what President Trump is doing. We also are stewards for companies, stewards for brands, were stewards for people. On the travel ban, look, we have a lot of people that live in the middle east. We have a lot of people that travel. Its my duty to stand up for them. Clearly we want the country to be safe, but its also my duty to kind of stand up on their behalf. On climate look for 12 years, weve been investing in an initiative called ecoimagination which has talked about driving Energy Efficiency in everything we do. And weve been doing it consistently, we booked over 300 billion of revenue in that initial over the last 12 years. I think its insincere to not stand up for those things that you believe in. So i dont think its something we should do every day, but i do think were also stewards of our companies, were representatives of the people that work with us, and i think were cowards if we dont take a position, occasionally, on those things that are really consistent with what our mission is and where our people stand. Youre a truly global company. Uhhuh. Do you worry about, for example, the pretty poisonous situation between the Trump Administration and mexico right now . Potentially a tariff war between the United States and china, President Trump has talked about, you know, some kind of a border adjustment tax, tariffs against chinese goods. What do you think . Two different stories. I would say in the case of i dont agree with the rhetoric around mexico. The mexican country has been a good partner, its been a good place to do business. I agree with keeping our companies safe, but i hate to cast an entire country in a light. I also dont agree with things like walls. I dont think theyre in the end really functional and will work. That being said, really, i think its natural to want to renegotiate Something Like nafta after 25 years. Its not the same world that it was 25 years ago. And i think the president has every right to say this relationship should be restructured. You know, fareed, theres no case where mexico and the u. S. Arent going to end up being friendly. Were neighbors. We almost have to be, right . I worry more about china. My encouragement is more about china. It is really important for the u. S. And china to have a very strong bilateral relationship. Doesnt mean we have to agree on everything, there has to be a relationship that goes you do this, you do that, you do this and well do this. And it has to be bilateral. I think the chinese can do it and President Trump can do it. One of the things that President Trump has talked about, he doesnt like the idea of American Companies going and making stuff in Foreign Countries where labor is cheaper, and youve pointed out that for ge as a global company, you have to make stuff close to the places youre selling it. So, i mean, isnt that a problem . If youre not going to be able to make stuff in china were running the plate, fareed. If you look at ges footprint, were a 20, 22 billion exporter, 6 b