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>> isn't this a dangerous way to enforce fiscal discipline? shouldn't 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 aren't being passed. they're 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 don't know if and when washington will ever adopt a sensible fiscal policy. i wish we had it come up every month. >> gary b. basically stev...

Bone here and in israel going through tel aviv, it's 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 they're paid on that, and here they're getting paid to be slow and hey did you watch the show last night? >> and steve, steve, weigh in quickly. >> it's for your protection, like it's for your health going to the doctor's office they shouldn't privatize this and shouldn't get rid of the scanners. >> brenda: thanks, guys and thank you, steve for joining...

Let's borrow more. i think steve is right. this should be a regular conversation because as he points out. we've 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 let's get rid of it. my gosh let's 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 hasn't worked and buried us in a deep hole and we need to pay attention to this stuff. air right-- >> if the ceiling works, how did we get in the mess? it's been raised 119 times...

Relatively small, it's 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 don't say it's very bad right now, you see it going up? >> well, oh, yeah, we'll have inflation eventually, brenda. the probably five years from now, after the current administration leaves office, but we could be lo...

Helicopter route. >> brenda: okay, well, jonas, no inflation actually means the savers are getting hit, too. that's 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 you're living off safe investment returns, bonds, cd's, that's yielding below inflation right now, a terrible situation. if you are working, a working person now, it's actually finally seeing their wages grow faster than inflation, for you it's w...