Numbers. Theyre headed for the world series. Aning incomes are down. Job creation still remains. Economics does not work. The top 10 of income earners, yes, knee done well under president obama, but the other 90 , theyre stalled and feel theyre falling behind. 55 say the nations economy overall is not turning the corner. It is going to g worse before it gets better. Who is right . The president or the American People . Ell, look, i think the president had a right when said that by any measure the economy has improved since he got there. Im afraid its a swing and a miss, though, when he says that the worker is doing better. Look at the median income. People have almost 3,000 less in their pocket. Thats why they feel worse off. Yeah, but finishing the first thought that he isnt right. We see by the numbers that workers are not doing betterer. We have less people seeking jobs than we had before. You see the corporations are doing pretty well. We see that the top 10 is doing better than ever. It possible that we unfairly place the blame on the president when it belongs on business. After six years people tend to blame the guy in charge. The this has been a terrible recovery, by the way, and when u compare it to the reagan recovery, look at this. We had 27. 3 growth after recession. 4. 8 . Its just pathetic in comparison. Why i would say its pretty simple. Under reagan, you incentivize the economy. Look at the top margin rate. It went down to 28 from 70 . Under obama it went up. Right. The thing is, david, if you go back to the 1930 the more severe the recession, the faster Economic Growth is in the subsequent recovery, and the key driverf th is capital formation, spending in plants and equipment. If you go back to the reagan recovery, spending on plant and equipment was 22 of gdp. Its ben only 17 in the obama recovery. Why . High regulations, higher tacks have hwarted business investment. Im glad i brought up regulation. Not just the taxes that have gone up under president obama. Its also regulation. Yeah. Weve had dodd frank. Wee had obama care. Weve had the e. P. A. Listen, only the crank outposts of the liberal left would say this is great recovery. I mean this is very slow change we cannot believe in, and i cant believe whs going on. You know, this president will see time and again, well, i inherited a terrible ression. Guess what, three of the last six president s inherited bad recessioions. You mentioned Ronald Reagan. He inherited a double dip recession, citigroup collapsed for the first time, and also double digit inflation. This is the only president since herbert hoor who responded to an economic collapse by raising aggress ofly taxes. Right. Richyoure increasing the costs of doing business, so surprise, surprise, theres less business. Therefore, less jobs. Have i got it right . You absolutely do. Thats why labor participation, you know, went to another n lowf 62 plus. Thats just a biz mal. People on food stamps, now 15 of the population. It was 11 when obama took office. Sability insurance is now climbing 40 under obama. You know, obama taking credit for this rovery off of a really low bar in january 2009 by purcoincidence is like fwor gore taking credit for the invention of the internet because he came to office and was Vice President in 1993. John, i would love to hear what you think about all this. Well, you know, i think despite the unemployment number, the job the economy is actually growing, but whats got to be stressed is that it has no nothing to do or little to do with president obamas economic policies, and a great deal to do with the fact that his presidency essentiallyended at thend of 2012. Economies are just individuals. When gridlock takes shape in washington, that means politicians arent able put up barriers to our natural desi to achieve. There is a slight recovery going on, but it has nothing todo with policy and everythingo do with a lack of policy. Thats a very interesting idea. Steve, is it st the antimatter . The only benefits to the economy is the fact they cant do anything in d. C. . Thats very nice, b thes positive things that have to be done. Especially in the Corporate Tax side. We have the highest rates in the western world. On the personal income tax side, thats a huge disincentive. Obama care is hurting small businesses. The fed continues to muck up the credit markets. There are positive things that have to be done if were really going to get out of second gear. Rick, what i dont understand is that both republicans and democrats agree to that at least the corporate rate tax rate is too high. We went from one of the lowest in the world to now the highest corpate tax rate. Why when both sides agree its too high cant it be lower . Well, you know, im not sure it cant be lowered. I think one of the problems we have with that is that you have toook at the effective tax rate and the tax rate as its listed. I think we all would agree that very few companies are actually paying that 30 . If it were, i would be with you all the way. The point is that the reason theyre not paying is because all these special interests have their special deals, and s the Big Companies that dont pay anything. You know what else i agree with, john tammany. President s have less to do with these things than people want to give them credit. Guess who the president didnt credit at all. The federal reserve. 21 trillion plus in liquidity. Also, government borrowing at teaser rates. Itit not such a hard thing t flip the switch on 7 trillion in spending down in slaphappy c. Listen, i warned back in 2010 about trickle down government. What do we have now . People protesting not getting enough mik jobs, lowpaying jobs. The rhetoric o of the presidency is really bad too. Mike, go ahe you know what, i love john, and i get what h is saying about the government. Heres the problem. Reagan was a leader, and he acted, and it helped us. The problem right now is both Big Government status. John, i share your distrust of government, but sometimes you do need a leader like Ronald Reagan t knock Heads Together and say we have to change our tax structure. Its killing jobs. I couldnt agree more. Policy, as steve points out and mike points out, matter if we had the right person in office rightow doing the right thing with taxes and monetary policy, we would be much tt off, but ill take gridlock if i cant get better policy. I will giv president obama one bit of credit. He did not reappoint ben bernanke. That was huge to our economic recovery. Janet yellin believes the same pois, but she does not have the power that bernanke has been out has been a major factor in the revival, at least slightly, of the economy. What about leadership . You were right there in the you worked for the Reagan Administration for a short time. I mean, is there anybody out there who has t umpf, who has the vision to change this thing . Oh, i think a republican candidate running in 2016 will try to demonstrate that. Know of three who are thinking of running that will come up with a flat tax proposal. Well, hold on a second. You cant tease us like that. Who are the three . They oke to min confidence. Oh, steve. Come on. You are awe journalist. You are a journalist, steve. Ill be ke a washington politician and break my word. No. Not yet. So i think positive change is ing to come outof 2016. As for janet yellin saying these better than ben bernanke, she may be a different person, but in terms of policy, the fed is still in a mode of getting more power. They still wont allow credit markets to recover. Shes bloating the Balance Sheet still. Maybe shes better, but thats, again, like comparing the mets with the astros. Theyre not going to make the world series. Probably goingo end on an up note. Unfortunately, we have to look leave it at that. With the new terr threats against americans, mixed messages from the white house. The gaining asking if d. C. Is dog enough to prott our lives and our livelihood . First, right here, get rdy to flip out. Now back to forbes on fox. For all your headlines, log on to fox news. Com. Well, next time you dine out, take a closer look at your dinner bill because more restaurants are adding an obama care surcharge. A group of california eateries now slapping customers with an tra 3 to pay for mandated Health Coverage for their employees. Will more of our viewers start seeing thesurcharges. What do you think, john i think whats happening in lifornia is beautiful and i hope it leads to proposition its beautiful whats happenin here. Why . The American People need to be reminded that government compassion comes with a cost. When politicians give out goodies, we pay f them. Everyone should see the cost of obama care, and if so, that means in the future when politicians prise things that they cant pay for, the voters will say we are not going to low you to do this. Lets have this go snawide. Rick, are we going to see it nationwide . Are we going to see it everywhere . Are you so missing this. I have been to manufacture these california restaurants. They are all expensive restaurants that cater to what . California liberals, by and large. They put the 3 separate. They could put it right into the menu. They put it separate. Wh becae they are using it as p. R. Their customers love it. They love that theyre doing this to benefit their workers. Guys, you wont see it. Wait a minute. Steve, i dont know any customer anywhere who loves paying more money for anything. No, and if ey put it in the prices, people would accuse them of price goung, because its a way to get the restaurants off the hook. By the way, in San Francisco a lot of that money is not going for health care benefits. They devise formulas in a way where a lot of that money goes in the hands of the restaurant owners. So its another way with the politicis getting it or others get it. Customer gets the shaft. Bill baldwin, it is not just happening in california, by the way. We are seeing ilsewhere in thcountry. Are we going to see it more . I wonder whether businesses really win the hearts of their customers by providing a laundry list of excuses with every bill. You know, a fuel surcharge, a univsal connectivity fee, inflatation surcharge. All these surcharges. Airlines like to use these things, and cell phone carriers like to use these things, but reputable businesses dont. There is a cost, and the restaurants want to be clear with customers as to why their costs are going up. I with john. I think its thats exactly right, david. That is whats goi on. Its also happening in florida and minnesota, and its not because people are cheerleading it. Its because they want to be transparent about why costs are going up its not food d inflation. The other thing too is, david, im wondering if this will happen with fast food chains. Maybe fast food workers will wake up and see what iseally happening to the overhead costs for their companies and how that could really hurt their jobs as we see protests rolling out. John, there is another cost, and this one is even harder in many cases than the surcharge, which is that a fed survey showed 21 of businesses are reducing their numr of emoyees because of obama care. ve talked about this before. Jobs as well as money. Yeah. Jobs, whether its that or surcharg, what theyre doing is teyre exposing the oxymoron that is political coassion. Weant to see more of this. People need to know that obama care comes with a cost in terms of hher unemployment. It comes with a cost in terms of higher restaurant bills. Even if theyre doing it to pmae ate their liberal customers, its going t become fire on them. Emailedon friedmansays theres no such thing as a free lunch. In this case both a lunch and a health care have a cost. Yeah. John, thats right in that sense. We should see more of it. Years o when coned in new york, the utility, tried to break out all the taxes they paid, thlegislature banned them from doing it. Break out these embedded costs and e wh is the real thing youre getting and how much you are paying for government. I see rick unger shaking his he. All due respect to my good friends on the pal. Youing 40 r a steak at these restaurants. Are you going to tell me were talking about dennys in florida. You don pay 40. Is happening it is happening in florida with deys. They dont pay 40 for a steak at dennys. The rtaurants in california are all highpriced, 40 a steak restauran restaurants. Guess what. If im willing to pay the 40, im m going to pay 41. 50. Bill. I think this could get a little too riculous. Whats going to happen . You go into a toyota dealership, and they say the car is free, buits 35,000 for shipping and haling. This gets ridiculous. You ouldnt have to do that when y are a customer. Give me the final bill. Dont itemize. Lets not lose sight of the overall here, which is th the president said this is not going to cost anything. You stee in the people losing their health care, see them having fewereretworks in which they can go to. You are seeing it on your bills now, folks. Coming up next, celebrities are still ticked over their nud pics getting hacked, but should pics getting hacked, but should they be kicking themselves go one son son, voiceover last summer, my new dad took mon vacation. [thws up] sonvoiceover first, we went deepsea fishing. Wow im so proud of you son [throws up] son, voiceover and then we went on the thunder shark. That was awesome lets go again. Son, voiceover three times [throws up] [thro up] son, voiceover gotta say, it was pretty cool. Announcer you dont have to e perfect to be a perfect parent. Thousands of kids in foster care wl take you just as you are. Dad oooh. No again well, even for hollywood this was over poexzure. The fbis busy investigating how nude photos of stars like jennifer lawrence, kate upton, and rihanna were leaked by hackers. Some blaming apples icloud for not being secure enough, but who really deserves the blame . Rich, are you pinning this on apple . I think this is the biggest fake scandal in the history of mankind. You have these narcissistic celebrities who are complaining that their naked pictures have been released . I mean, come on. You know, ive got a bridge to sell you if you believe that one. Mike, who is to blame . To me, david, its the hackers, right . They stole private property. That seems pretty clear, but bill, everybody wants to blame apple. At least the people in hollywood do. I think i will, and let me ask are you going to blame apple for this . Let me ask you a question. What do paris hilton, scarlett johannson, and sarah palin all have in common . Beauty. Something else. They were all hacked by easy to guess, security questions. I think its high time that apple figured out apple and everybody el, that these dopey security questions like your mothers maiden name, which i can find on geniologcom, those should be thrown out and we should start over with another system. All right. Well, the fact is, steve, i frankly think hackers are always going to be in some areas one step aheadf the creators of things. Dont you have to go back to the hackers themselves . They are t ones who did this, right . Mike is right. It is stolen property, and i think that to blame apple, i mean, they act the pentagon, the iranians hack our banks. This is a real problem, and while this gets publicity because these are celebties, the fact of the matter is this stolen property, and the hackers should be hunted down if we can. Well, rick, the argument could be made that we are all in show business. All people herare performers in a way, even though were journalists, we like to think of ourselves as journalists. You were in hollywood. You spent a lot of time there. Who is to blame . Is it the starlets themselves . Well, theres two things i learned being in hollywood. One is nobody wants the naked pictures ofany of us. Maybe lizzie. Not the rest of us. Okay . Thats number one number two, having been in hollywood, i can tellou that rich is on the right track. Really . Theres no such thing as over exposure. Reay . Rich, there does come a point where the rson responsible for taking the pictures, i know its private roperty, et cetera, but these days you got to expect that some of the stf is going to be floating out somehow. Right . Yeah. Exactly. As for the fbis involvement, i mean, give me a break. They should be concentrating on people who have the potential to do real mischief, such as hacking into our 401ks. Forgive me, but wake up, rich most f agents are male. You dont think the males are going to be all over this sto . The fbi guys . I mean, its no wonder that theyre all over this, right . Mike, the other thing is somebody came up with a peect fix for all this. Store your naked pictures on lois lerners computer. Theyll disappear forever, right . You know what, the best advice i think is if unlike rich, if this is not a scandal, you know, and this wasnt done deliberately, in this day and age, i think you just got to assume that any photo you take, anything you write, anything its part of lois lerner and the irs, its going to be out there forever. Steve, that is the point. I understand that your computer information is like your own house, but nowadays you just have to acce the fact that the world is more open than it used to be. Right . Sure. But that doesnt make it right. Doesnt make it right, but it makes it easier for these hackers to fwet in, no matter what am tries to do to circumvent it. Dont blame the victim. If they want to get over exposed, they have other ways to do it. I think you are on to something there. Thank you, folks. How can you protect your private information and boost your profits . The informers expo the average text takes your eyes off throad for nearly five seconds. [screaming] stop the texts. Stop the wrecks. Visit us at stoptextsstopwrecks. Org. We are back. While protecting your private information. Symantec. Its a Software Security provider, and its working reportedly with Companies Like home depot to stop cyber hacking where are. You like it . Its a dead stock thats lying right where it was a decadego. Oh, boy. Two very different opinions. Emc . Why do you like emc . It controls rsa encryption, which is behind internet security. But is that a good encryption . I dont like it because its on an acquisitionbased strategy to increase revenues by acquiring companies. Ats how its boosting revenues. We have two opinions on both stocks. Thank you very much, gang. Thats it for forbes on x. Have a wonderful weeken here. The number one business block continues with my buddy eric bowling and cashin in. Isis spreading like a deadly disease and president obama sounding like he wants to put a bandaid on the cancer. First he said this. We dont have a strategy yet. And now this. It is a manageable problem. As the 9 11 anniversary nears the president wants to make t isis crisis a manageable problem. Well, maybe you dnt get the memo this new memo, thousands of foreigners are here on student visas. They vanished into tn