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>> tucker: grounding seems like a pretty severe penalty. one that's going to cost boeing, one of a few interest is in america that still leads the world, billions of dollars. was there another way to do it? >> actually i think president trump took the appropriate action in grounding. the key is how long the grounding is for. boeing has already gotten a negative press for the series of events, so i'm not sure how much more of an effect it's going to be on the stock price. it's already down. more portly i think president trump to the appropriate thing erring on the side of caution when human lif...

Working on today. >> tucker: it's going to coste boeing billions of dollars, was there another way to do it? >> i think president trump took the appropriate action in grounding. the key is how long the grounding is for and how long the grounding is for. bowling has already gotten negative press for this series of events. i'm not sure how much more of an effect, the stock price is already down. i think president trump did the appropriate thing erring on the side of caution when human life is at stake. that's what i stated before, the training issue, the probable cause for any accident,

The airplane itself and then the training. and what they were waiting to see is whether or not this was a training issue or a problem with the airplane. look, the bottom line is, you cannot go wrong by grounding the aircraft. it's an inconvenience versus an opportunity for a disaster, which nobody wants to see. we've already had two, which is just, for a brand-new airplane is unprecedented. >> gentlemen, i've just been handed this statement from boeing now, reacting to the president's decision and his announcement. let me read part of it for you. it says, boeing continues to have full confiden...

Issue. there are systems on airplanes that do thoings keep the airplane out of trouble. if the airplane got too slow, it automatically pushed the stick. but there were systems that added to this airplane when boeing increased the engine size that made it necessary to put on this max system. and what happened is that boeing sold the airlines on the fact that this was the same type certificate, same type rating pilots wouldn't need a new one. and this is a training issue. these systems, there are ways to get around them and turn off the-out mathe automation. when i hear those comments from those...

Unemployed. is this a mobile issue, is that a training issue, what is this? >> all of the above. one of the misnomers out there, a lot of millennials graduated in the great recession, they say we don't have enough educated people out there -- we have too many educated people, too many b.a.s running around, they shouldn't have gotten these degrees. that's not right. we are 30% who are getting an education. that is lower than our international counterpart. and all of the increase in educational attainment since the 19.50 has come from women getting more degrees. of course they are being discoura...