Christian dorsey. Brace yourself for governmentrun health care . I think thats what they have been wanting and headed toward all along. And im afraid thats what they might get. Heres the problem, single payer is basically like medicare is now. Everyone pays in, everyone gets the benefits. The problem with medicare, to use an example, they are running a pyramid scheme. They are running out of young peoe to pay for the old people. The ratio used to be four to one. By 2013 it will be 2. 4 to one. But thats not the only problem, its running out of money. Its waste in fraud alone estimated by the government accountable office, 17 billion a year it provides medicare that has ok coverage, its just horribly inefficient. And if we get there, you want to talk about with social security, medicare and now a single payer system, completely bankrupting the company, thats the way to do it. Right. The country. The country, sorry. All right. Christian, you like the single payer system. Absolutely. Its much more efficient than the system we have right now. So much of Health Spending goes to add min straytive overhead for duplication of services and processes. It doesnt make any sense. Doctors spend so much time figuring out how theyre going to bill people for money instead of providing health care. Single payer system provides much greater efficiencies, and that medicare system that gary talked about, its actually much more popular than private insurance is because people see that theyre Getting Better care and less waste and less administrative overhead. Tracey, it may be more popular than obamacare right now because at least you can enroll on it. Do you think the anger over obamacare and all the problems that it has might push americans toward single payer systems . Could anything be better, basically . The bar is that low right now. Look, i get what christian is saying that administratively there are some perks, but its not all about cost. Youre going to have lower services, watch your medical research go down the toilet, youre going to see a lot of people not getting what they need. Sure, the billing system is better, but thats not what it is all about. And lets admit it, its going to be overused and abused much like all systems that are free, one price cvers all, this is not our problem. If you like the dmv, youre going to like a single payer system because the governments running it. Yeah, thats very accurate. And look, president obama right now has theower Approval Rating that the cracksmoking mayor of toronto, rob ford. Your name is not going to get much passed right now, it doesnt have the Political Capital to do it, but when you look at the single payer system, look at the certain anecdotal things n the united states, if you are diagnosed with diabetes, 93 of people get care within the first six months. In canada, 43 . In england, 15 . If you have Health Coverage right now, your coverage is going to be more expensive, youre going to get less quality, if you dont have it, ths the different thing were dealing with altogether. Thats an economic argument. It is going to be costly no matter what the transition going on right here. And all re dealing with is who paid, were not dealing with the problems, and thats health care itself. Jonas, you think this is pretty inevitable, that its really coming at us. Its not only inevitable but accelerating because of the current state of the Affordable Care act. Dual availability is important for the government, it is not just about efficiency. They cant pull off certain things. Once you get this frankenstein public system where theres a website and gold and silver plans, thats too much like something amazon would do or something. The dmv doesnt make your user website, they dont have certain levels of service, its something they can pull off to give you the license. Medicare is something the government can pull off as well as medicaid. It is mostly just moving money around. The current plan is a little too complicated. It is not just a mandate to get health care. We had that, that would have been feasible, its a little too private market, frankly, and people are mad because young people are going to pay for old people and Healthy People are going to pay for sick people. It is so much simpler to makeke taxpayers pay for it. And those on both ends, those who are not 65 get on medicare, and we are already seeing most people go to medicaid in the states, so thats the direction were going in. But wait, thats to brendas point then we are choosing mediocrity over crap. Thats where we are. Y take this crappy plan or we go with the one sort of better. Its not right where we were before was a very broken system. So its not like were going from mediocre to crap, we are going from something that was absolutely going to consume this country. Health care spending before the Affordable Care act. The same rate but single payer is better. Go ahead, gary. First of al i am i just cannot agree with christian more and totally disagree with jonas. Payroll taxes would have to go up almost 25 to pay for medicare. You know, christian paints it as this, oh, my gosh, th great thing that were going to have that we cant afford the other thing is, he talks at, oh, my gosh, the billing system is so much more efficient, are you kidding me . Theres no incentive in the medicare system as it is today for a doctor to be efficient. The doctor could be terrible and he gets paid the same through the medicare system as the top doctors. A doctor can order up 20 tests and be the most moronic doctor to graduaterom harvard but he gets the same amount of money. This is gog to bankrupt the system just like medicare is going to bankrupt it. Only tenfold because we are supposedly going to have everyone in the system. This is ludicrous people are getting behind this thinking its a good thing. Its terrible jonas, take him on. Because he said gary is 100 right on the taxes. The payroll taxes would have to go so high, they have to go up anyway to fix the current problem, which we just talked about, but if we did this, lets say if youre 55 or older go to medicare, and were getting taxes im just saying people would prefer that than being forced into a plan 200 to 300 more than they were paying. Thats the path of least resistance for most people. Im not saying its a better system, but its doable. Given the disenfranchise of those, thats probably the direction we are headed. If you pay over 100 a month, then your Health Insurance goes up 200 month, what do i care . Thats whats going to happen. John, what does that do to our economy . Its going to hurt our economy. Look, this isnt free. We keep saying everyone gets single payer magical Health Insurance, it isnt free. Its going to cost people a lot of money, especially transition period. Imagine what were doing. Weve got a business that is broke, thats health care. Youve got fraud, inefficiencies, and youre sticking 50 million more people into that business and making them customers and saying thats going to fix it . No, its not going to fix it. Its going to exacerbate the fractures and make things worse. We are only arguing over who is paying, and thats the tail and not the dog. Thats going to be the last word. Thanks, guys. Lawmakers patting themselves on the back for passing a budget, but neil and the gang are saying not so fast. Whats tucked inside it could have you paying up for those patdowns. That set the bottom of the hour, but up here first. Major winter storms slamming the u. S. And with just ten shopping days to go before christmas, will this wicked weather be the grinch that steals holiday sales . a now back to bulls and bears right here on the fox news channel. Oh, the weather outside is frightful. Cars piling up, trees going down, delivery trucks stranded. And shoppers, many will be stuck at home this weekend with just ten more shopping days until christmas. We already know store traffic was down 22 during last weeks mess. Tracy, are retailers worried . Should they be . They should be. Heres why. When you go to a store,theres the me factor. I buy something pretty for you, brenda, and take something home for me, too. Youre not going to have that if you are not in the stores touching, feeling and looking at stuff. Youll go online and order what you need and be done. So retailers will suffer at the end of the day. We have seen it already. Its a shortened Holiday Season to begin with, less time to shop, thanksgiving weekend was a b disappointment, and everyone is worried about whats going on with d. C. , taxes, so people already have a tightened budget to begin with. They should be worried about this storm. John, you can go online, but then theres the issue about delivery. Yeah, there is the issue about delivery. Tracy, pro golf balls, you can buy those online for me for christmas. No touchyfeely, nothing. I disagree with myriend tracy. Retailers are going to come out if it was sunny and say, people were in the park and thats the reason nobody was in the stores. They have warned for weeks about a slow christmas season. The spending for top average family goes from 700 to 80 a person. I think this is going to hurt, but the retailers are going to be blamed for slow sale. You are not worried my Christmas Present is going to make it to you, are you . Not at all. I hope you like the prov one golf balls. I tell you what, brenda, heres what normally happens. This is like, when we talk about on this show, the floods or the hurricanes or the other natural disasters hurting the gdp, what happens is it shifts the sales. So to tracys point, i agree with her, she makes an excellent point, but then people say, if i cant get out december 23rd or december 24th, look, im not going to not buy you something. You just might get your gift and myift a little bit later. The same with the delilivery. I know my ups shipments are now a day or two late, so maybe they wont get here decembmber 25th. Maybe they get here december 27th. So it might shift things into maybe january, i dont think retailers on the whole will be hurt. Christian, what about you, are you worried about your golf balls making it to you . I am not. I can celebrate gift receiving any day of the year. So it really doesnt matter if it happens by the 25th. Thats big of you. Yeah, it is. Im a good guy that way. But the bigger issue is that people just dont have as mu money to spend. And we can debate the reasons for it, but the fact is people just dont have a lot of disposable income that goes into all of this. So really, thats going to be the biggest thing thats going to put a damper on this Holiday Season and bring out the grinch in all of us. Jonas, you hate the cold, we can see from where you are. Where you are Winter Weather is 60 degrees, but are you worried that this could really hurt a very important time for retailers . I dont know what youre all worried about with the weather anyway, but lets pretend you have to worry about it. I think we have the best sales ever for holiday because the consumers doing okay, they are not great but doing the best ever. They are going to find a way to shop. The American Consumer willget there. I dont know if the internet going to save you because you are like, i dont want to go out, its lousey so lets go to the internet, or you go out there, but its going to happen. The holiday travel, its going to happen. Some people look for an excuse to go to the inlaws for a week, driving their dog, they would rather play video games over talking to people about the improvement of their website, im not saying people do that but they are looking for an excuse. And people will use the weather to say, lets not do that drive. Then maybe they wont have to bring the gifts on tim i think lets send more gifts because we are not going and maybe they will spend more than last year. Okay, tracy. On behalf of the children of the world, santa claus comes on the 25th, not the 27th. Thats a huge problem. There are a lot of parents out there worried about that. And they cant get out there shopping, larry b. No. And so whatoure saying is you dont want my gifto you unless i can get it to you on the 25th. A dozen golf balls. Well be practicing our swing there, tracy. So dont worry if you didnt win the megamillion last night. One in five of you are already super rich. Yeah, you super rich. Okay, listen up. If you didnt win the Mega Millions last night, dont worry about it. One in five of you will be in the top 2 anyway. Those are the odds that your household will make at least 250,000 a year. Whats the medias take on this news . The Associated Press is fueling income inequality. John, take that on. Look, i would love to be able to sit around and sing campfire songs and everyone makes the exact amount of money, but thats not the real world. I want to live in the real world where derek jer makes the same amount of money as us. Look, if youre a senior or poor and your Interest Rates are so low right now, youre not making any money. The rich are getting richer because of that. If you have political influence, you get a tax break. The rich get richer because of that. The middle class has been destroyed. This is the fault of the administrations policies. Krchristian, shouldnt we be celebrating it instead of bashing it . I want incomes to grow for everybody, but i want to make sure people who contribute to incomes growing get a chance to share in it. We have this culture where if a company does well, the ceo and the senior managers make all the money, but the production workers dont see their incomes rise at all. Theres something patently unfair about that. Gary, whats wrong with income inequality anyway . Exactly, brenda. The first question is, is there income inequality . The measurements that they normally use dont take into account transfer payments and all the other income credits and unemployment insurance, unemployment benefits. So if you look at spending, which is probably a better way, the top fifth spend about twoandahalf times what the bottom fifth spends per household. That hasnt changed in 25 years, but your bigger point is and john makes a point, whats wrong with it . When obama went to Harvard Law School and assuming he got as, we want him to get as to be president of the united states. We dont want him to say, were going to take your a and make it a b so theottom guy can get an a. Thats ludicrous. This country is on an amazing trend thats been going on for decades. No country can keep up with us. At the rate were going, they are going to have to call to get you to show up to buy a ticket. Theres a concern that inequality is good to a point because makes you work harder to achieve the things you have. Its not that the bad boy makes 1 100th of what the bat boy makes, but when their salaries go up and his doesnt, thats when off problem. They dont shift around the tax burden. They have negative tax rates at he bottom. It doesnt work. So we have to get everybody moving along. Okay. But tracy, shouldnt we reward success . Exactly. I think thats what the problem is. Why does the bat boy have to make more money when derek jeter keeps hitting home runs . Why does the production line have to keep making more money wn the ceo is brokering the deals overseas . There is a reason for the inequality. Some people are doing bigger, better things. You know what the problem is . We keep handing out welfare, we keep giving people hher unemployment, things like that, and it promotes mediocrity. Geez, we should all want to aspire to get better. Thats the problem. We are keeping people at these lower levels because to johns point of the administrations policies. Okay. Thats the last word, thanks, guys. Thank you to christian, we appreciate having you. So what just hppened at a major boeing plant that shows unions may be blocking new jobs in america . Predictios, gary b. , take it away. Brenda, casinos, i went to a casino on thanksgiving and it was mobbed. I think the same will be for the Holiday Season. I know, im a crazy guy. Mgm is up 40 . We love that side of you. Polar bear on that. You have to gamble those stocks. All right. John, your prediction. I discovered less than two weeks ago i like this stock. Its up 20 in the next four or five months. I didnt even know they were still along, s im going to say bear. The unions and boeing couldnt come to an agreement on pension numbers, so boeing, im going to go build the planes somewhere else. The unions blew it again. Jonas, your prediction. Americans have never been richer. 77 trillion in wealth. Time to buy some expensive luggage and go on an expensive vacation. By the luggage,he stock, how does he talk that fast . Are you talking to me . Fixing the budget, hi, im neil cavuto. Depending on your point of view, your budget works, but whatever. That budget deal passing the house and heading to the Senate Next Week in passing the buck to travelers. It doubles the socalled airline fee to raise more cash are. You feeling safer yet . This is about 5. 60 or so each flight to keep us safe. And its double what it was, but its good because were safer. Well, yeah, also t