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It goes up or down according to what the market should bear. they take it out of politics and union's hands. >> jonas, what do you think? get rid of it? >> first of all, japan has crazy minimum wages. you can't look at what another country does. you have to look at america. we don't know the ceo thing is a guesstimate. it could be people out of work. we have to do it to see what happens, gary is right in the sense we don't 93 need it because the states have more constitutional. they can set it based on local cost of living. but i will give you for it that makes no economic sense. the perceptio...

Hold on to your cash while you can. >> that's what companies have to do, chuck, isn't it? if they get hit with more taxes or whatever? they've got to go down and hit the consumer at some point? >> luckily today, price waterhouse put out a study saying average premiums went down 4% because of the affordable health care act. i think it's good a lot more people are signing up for health care. i think this law is being enacted. i think you will see lots and lots of people feeling the way i do. >> gary b., do you? >> i would like to see that report. i don't question chuck's facts there. i would lik...

President's push to hike the wage to $10.10 an hour will bring a half million job losses. gary b., that's why you are saying scrap it altogether? >> i know, brenda, and before people on the left say, my gosh, that heartless gary smith, how can you scrap the minimum wage? i went around and searched to see if any other developed country scrapped the minimum wage. in fact, switzerland has no minimum wage. now, look, it's interesting. switzerland's unemployment rate is 3%. so you say, well, surely then, they have a high poverty rate. no, their poverty rate is less than half ours at 7%. ours is abo...

Them these days. we are not telling peek to go home and do something for this country. technology is on the rise, man, let's go for it. why do we have to have the white house to help us? we don't need them. their job is to protect us as a nation. don't cut defense spending. that's how i want them to spend money. i want you out of corporate america. man, there are so many smart people out there that can do this on their own without the interference of the government. >> gary b. >> when chuck says we need to invest in america, that's lefty speak for the government spending more. how about going ...

Business, you need to lay off people because of whatever reasons, if it is because of obamacare, because of the prices and the costs that that brings, why do you have to swear? why does government have the right to say, you can do that? >> well, this whole sort of change in the regulation is a reaction to the concern that medium-size businesses had in terms of saying that the implementation that was going to happen was in this year was too burdensome and the concern is really to protect the american worker and make sure their jobs are maintains an there are penalties in effect on them because ...