Page 7 - Gary B News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Thing that has to be done. >> it is so easy to get done. >> and it is -- hold on. it is a political problem, and here's the really good news, and here is a difficult time in the world, the good news is that the problems in the united states are not nearly what the rest of the world faces in their horrible problems. we can do this. we can fix social security and fix medicare, but it is going to take some political will and the good news, charles, we have time. >> and here is the bad news, we are walking past this thing, and whistling past the graveyard, adam. gary, i want to go the you, because...

Allowances. i will say we are already on the hook for health care costs. the government picks up the health care tab at 65. if a third of the country smoked in bed, my fire insurance costs would be higher. everybody can agree with that. we have to cut costs. it's half a trillion a year just to companies and productivity and insurance costs because of unhealthy behavior. if we can spend the money, i know it's bloombergesque and bribe people to be healthy, it may cost less. maybe it makes sense. >> gary b, my daughter asked if captain crunch is a veggie and if that counts. >> let's extend the ar...

Steadying the robust recovery that we need to achieve going down the line over the next several months. >> brenda: let's forget about the government's measures right now. jonas, i know -- >> how about dog food? >> brenda: but basically, basically ordinary americans going to be feeling something from this? >> their satisfaction will be lower. first of all, luckily the big mac doesn't have a lot of beef in it, so they don't have to cut that from the menu. gary is correct in that people will switch out. they go to a filet of fish because that didn't go up and that's what they'll cut. however, in ...

Menu and shoppers have nature to worry about. a cold spring delaying the planting season and a fruit disease hitting florida's orange crops. john, how bad is this going to get for us at the grocery store? >> i think it's going to get bad for middle america, especially, because you look at corn prices have doubled in the last four years, mainly due to this ridiculous corn based ethanol plan we have. beef prices at a ten-year high. you have gas prices that are still high as well. look, you have a lot of deflationary measures, tech components that have a deflationary pressure. this affects the or...

Plan to juice up the economy with billions of dollars in new spending. but look what's happening amid mandatory spending cuts. jobs are improving, housing is heating up, and the dow is taking off, charging past 15,000 this week. so gary b, is more spending the last thing we need right now? >> brenda, like dejavu all over again. they tried it with the stimulus. we still have, including people who have given up not looking for jobs, 14% unemployment! that's number one. two, in europe, austerity, you know what the countries that actually cut spending over there? they're the ones growing. most of ...