What about the big push to doubles of wage . We have Richard Benjamin it as well as our fox business all stars. I think i understand what is going on. The plush is to increase the minimum wage over three years. They know they will not get 15 but they sure as hell will not settle for the 7 now. So they will leverage to make people think count your lucky stars they would give us the 10 and cents. I dont think that is the only logic. They want a fair wage that many cannot support so. Not just a question of what to the page is but the disparity that is part of the conversation. 1,000 one the ceo making 1,000 times more. Neil but these are franchise operations theyre not making millions of dollars per year. They have businesses to run. What if their pay is egregious . What do they have to do due to double that wage . But it is the mcdonalds grant. But that operation. What will happen . They can. It is not just the franchise neil we dont pay more for burgers . The problem is what we discover is that inequality wages are hurting not just mcdonalds but the economy in general. Neil what is the same operation is running 11 or 12 now you have to increase their pay spee mhz performance. Neil just that. Can you see that cycle . It is not as if congress is not getting a wage increase. Wages should increase normally with economic growth. That is the problem. You cannot force higher wages. The economy has to excepted. The franchisees are out there running sees businesses a majority of them are Small Businesses that have said they cannot afford the 15 an hour. The National Restaurant association said there will be massive job losses that went through. Gerri i can certainly see the wisdom to pay higher wages to index to reflect on dash inflation but 15 is not it. I dont even know if this dicey recovery so i think it would be more important for businesses to be encouraged to get people in the door then we can debate. Absolutely we keep it hamper rate we need more jobs. So nowe make it more expensive to give somebody a job . Why is it we will force a pay level . Why not 25 . Neil that is what they once. You cannot force wages but they force those wages just fine. But of disparity is the issue then why is 15 okay . After a corporate ceo makes 1 million that is nothing so why is that acceptable . This is delightful. There was us 25 million pay package because they came to the realization that the vast inequality is not beneficial to the shareholders. If we hayek of minimumwage the cbo already told us what would happen. We will lose 500,000 through 1 million jobs. Neil you work on the of logic that once they get more money will disproportionately spend it. Use this side of the fact that the same restaurants have to lay off workers. You dont strike me as that type of guy but you get your own food and you cook it because it is automated. Know i take some extra hamburgers but that price goes up. And there is a health care law. There are regulations added did i am all for paying batch but they make enough to provide that. But to buy the burgers to pay through the nose. My think Tank Organization has done many studies if you raise the minimum wage you dont have to pass that cost to the consumer. Neil come on. These corporations have share buybacks. They are business owners. But that is where the investing is. Neil hypothetically lets say that you are right. But you are not. The americans are drawn to value meals and value pricing at walmart. Every time mcdonalds has to increase the price of those the business goes the way. Walmart just this week warren did warrant the customers are not there. You make the important point but mcdonnells is mostly a franchise enterprise 90 individual owners this is a brand issue we have many states with many states with a national with minimum wages that are higher. Name in any industry that can handle a double of the cost and it does not affect prices is . That does not exist anywhere. Neil you dont eat fast food. Cellular after my health. The sow for mercy o is year returning to the corporate world. Not at mcdonalds. Good timing but just as fast and delicious. And delicious. After this. Really. So our business can be on at ts network for 175 dollars a month . Yup. All five of you for 175. Our clients need a lot of attention. Theres unlimited talk and text. Were working deals all day. You get 10 gigabytes of data to share. What about expansion potential . Add a line anytime for 15 bucks a month. Low dues. Great terms. Lets close. Introducing at t mobile share value plans. With our bestever pricing for business. [ girl ] my mom, she makes underwater fans that are powered by the moon. She can print amazing things, right from her computer. [ whirring ] [ train whistle blows ] she makes trains that are friends with trees. My mom works at ge. That. Neil i had the pleasure to speak to thousands of ceos my next is my favorite although not just because the brought food. The former ceo of mcdonalds usa. Because of laziness and incompetence pouring good money after bad but there is a rare quality in the Business World that does a guy is now into a chain that is known for the delicious barbeque ribs the new ceo of daves barbeque. Of i only say that because he brought some barbecue and i am hungry. [laughter] congratulations. Is an accident that this is the fabulous company. You just got bored. A little bit. Neil did you pick up our discussion in the prior segment of the protest where people want a the minimumwage providing they will happily settle for that higher wage the president once but 15 is like the overture. Absolutely. They will settle at 10 to think they did something magnificent but they should settle at 8 to see there entrylevel jobs never meant to be careers. But everyone of those protesters is paid minimumwage. I dont know how many are fastfood workers. People are paid 8 to show up. Neil if you are at that wage a dozen years or more something is wrong. There should be of a career path for all minimumwage workers if they find a career that they like i started off making 85,000 0. 85 per hour. Neil did somebody come in at some point to say we have a small increase . I bet you 60 percent of those executives worked in a restaurant. Neil about what is the time . Just time alone . One nicole an hour every day for a month and theyve asked me to be the assistant manager then i the cave of manager. Neil but when somebody comes in and with a page that is higher than mine i will be in a way it because i am paid north of minimumwage the you have doubled of wage so i want more my colleagues want more , where does this go . It is inflationary. Neil what do you dope do . Mimics a viable substitute equipment for people and jobs will be lost. Neil equipment cannot make the bid. But we have dug up since that is programmed with 60 recipes you dont have to have all the manpower. We are getting ready to put it to attested june june 1st. Neil you have options so you could also lay off workers. A little bit of everything you automating and get a bit of people and adjust schedules. With the of tip credit you dont get that so we pay 3 percent of the of wages of creditcard processing for a tip money but you cannot afford to do that. Our labor content is 35 of sales others would come out of business. Neil what you understand so well i was of manageress 17 but here is what i discovered. Said customer was king. It was only a few years ago. Now with the worker cares more for himself than the customer that makes the job possible. Will customers paid more for a value meal . If it comes down to a choice without naming the restaurant is discos at 10 and cents we will have to generate 80,000 each per year more to pay for that that is 240,000 or 2. 4 million to offset. Neil but you can offset to lay off. And we will substitute people for machines and raise prices. You have to raise prices. Neil county you incentivize workers to feel appreciated because they will protest . You will get the people with the greatest attitude to nurture them and develop and encourage them. And we have great people of famous days. But what do you say that that the business guys overstayed the cost . They moan about rules and regulations . Could you do what you are about to do now . It is a totally different and environment the amount of taxes that they pay are staggering. Between 250,000 franchisees cannot afford that franchise is the best Small Business model in the overall than they will disappear. They cannot get a return on investment and they will not work just for a salary. Neil congratulations. You will do a good job. Lets have a bone together. [laughter] neil when i was a manager he had product. Veterans affair controversy set the secretary will not go anywhere they he is very mad but when someone tells you they are very very mad react to mad when you just say this i am very mad, i dont know. Thats it is just me. After this. Were moving our company to new york state. The numbers are impressive. Over 400,000 new private sector jobs. Making new york state number two in the nation in new private sector job creation. With 10 Regional Development strategies to fit your business needs. And now its even better because theyve introduced startup new york. With the state creating dozens of taxfree zones where businesses pay no taxes for ten years. Become the next business to discover the new new york. [ male announcer ] see if your business qualifies. I got more advice than i knew what to do with. What i needed was information i could trust on how to take care of me and my baby. Luckily, unitedhealthcare has a Simple Program that helps moms stay on track with their doctors and get the right care and guidancebefore and after the baby is born. Simple is good right now. anncr vo innovations that work for you. Thats health in numbers. Unitedhealthcare. What is this place . Where are we . This is where we bring together the Fastest Internet and the best in entertainment. We call it the x1 entertainment operating system. It looks like the future he has a phaser its not a phaser its my phone he can use his voice to control the tv. You can use your woice . My voice. Your woice. My voice. Vuh, voice. His voice. Your woice . Look. Watch scifi. [ female announcer ] the x1 entertainment operating system, only from xfinity. Neil closed at what the of wind had dropped in. Good to see you. Kneale you look great. Look what happened. [laughter] not so fast in mecca i would not have worn a white shirt. Neil i know it is good timing. But you heard what happened last night and with the primary races idaho if rino is the right term but we will talk about that with raising money but what do you think . The divisions are largely exaggerated. Most republicans want Smaller Government with lower taxes with the entrepreneurial system that is sent with the wave of regulation and the threat and by a weak position in the world. Are you a part of this camp but they want to win with the timeless principles. That we have to pick up seats but we have to be tempered by the reality to pick up the presidency in 2016. Neil when you ran for president that your party can grab the defeat from the jaws or to avert over, but lets say republicans take the senate who is to say they dont screw it up again . To have the strategy your focus dont get caught up with ever select committee that the transcendent issue is does this country have an opportunity to give everybody a shot . If you dont remaking and repair. Neil even Rick Santorum said that you are not going to the great party to appeal only to rich white guys. We have to repair the lost and demographics. We have to win them back. Neil how do you win back the hispanics or women who for some reason . What about breadandbutter issues . Certain aspects a capture what they say. That is part of the theatrics. We have to stay focused on bread and butter issues job opportunity, job creation Comment Energy selfsufficiency and balanced budgets. There is something every american will like to. That is my future. I might disagree with one or two things but i want my family and my kids and friends to be a part of that neil you mentioned some of crazy republican that is how they are viewed that they just fly off the handle. Then there are crazy democrats. Neil absolutely. Clinton raised the bar but it will take leadership. Neil would you do it again . I am not looking at 2016. Neil jeb bush . A good man. But lets let ideas bring people for word but dont play the name game. Neil that is where the of money crowd goes. We will get into that more. That seems to be the winning strategy. That is so fungible in the 2012 races that santorum all the money goes to him. It is fungible following leaders and ideas so let them speak and the money will follow. Neil even herman cain was getting money. Italy takes you so far then it has to be ideas. Neil what about the of coke brothers how they are treated by theeft . Go down the street to see what they have done. You can say this or that but a lot of people on their rights or the left have to of have given. Baby they threw 1 billion a way to good causes like the arts and curing cancer. There are targets because you cannot give that that level without being targeted by the democrats or the left. But we have a broken Campaign Finance system it would die me a bad thing for republicans to say it is wrong and it is broken. The party of the reform minded republican to figure out how to fix this system. Every american knows it isnt working the way it should and there are solutions longterm. Neil as a former ambassador to china you see them into a deals that could be worth hundreds of billions of dollars. They seem to cozy up to the european communitys. What is going on . The chinese dont do well but today they do as well as the late 50sas and oil play but beyond that a partnership to poke the United States in the eye and the chinese dont mind it too that they would like us see us taken up with ukraine and crimea we take our eye off the ball. With the security encroachment knowing full well you will not get them. I would have done what i advocated in a Commission Report i authored last year running at 300 billion loss per year that is killing our innovation which is the most important thing americans need to understand. Not just dollars and cents but the spirit of innovation because they will not run the risk if they know the chinese and others will ripoff. So we have tools we spelled out that ought to be used. Blocking importation of goods that contained material or ideas that were ripped off. Section 337 the International Trade commission can stop these up of border. You should not be doing business with chinese entities that are a part of any aspect of property rights. When Companies Want to go public they ought to say if they are in any way a part that ought to be listed as a material aspect of any filing that is the attention getter to freeze all its of movement on the part of the government of china to take part which they have been reluctant. 40 years. Neil that makes too much sense. No wonder you were a candidate. Thank you very much. I am not blowing smoke. In a whole atmosphere filled with children and temper tantrums the last adult tantrums the last adult standi my dad has aor afib. Brillation, he has the most common kind. Its not caused by a heart valve problem. Dad, it says your afib puts you at 5 times greater risk of a stroke. Thats why i take my warfarin every day. But it looks like maybe we should ask your doctor about pradaxa. In a clinical trial, pradaxa® Dabigatran Etexilate mesylate . Was proven superior to warfarin at reducing the risk of stroke. And unlike warfarin, with no regular blood tests or dietary restrictions. Hey thanks for calling my doctor. Sure. Pradaxa is not for people with artificial heart valves. Dont stop taking pradaxa without talking to your doctor. Stopping increases your risk of stroke. Ask your doctor if you need to stop pradaxa before surgery or a medical or dental procedure. Pradaxa can cause serious, sometimes fatal, bleeding. Dont take pradaxa if you have abnormal bleeding or have had a heart valve replaced. Seek immediate medical care for unexpected signs of bleeding, like unusual bruising. Pradaxa may increase your bleeding risk if youre 75 or older, have a bleeding condition or stomach ulcer, take aspirin, nsaids, or blood thinners. Or if youave kidney problems, especially if you take certain medicines. Tell your doctors about all medicines you take. Pradaxa side effects include indigestion, stomach pain, upset, or burning. If you or someone you love has afib not caused by a heart valve problem. Ask your doctor about reducing the risk of stroke with pradaxa. When i came atop if i said that we would systematically work at this problem. It we had been working really hard to address them. Neil the wait a minute, that is not what jay carney said. When was the president first made aware of these fraudulent lists . I think the specific allegations were reported out of your network out of phoenix, i believe. We read about them through the reported. Neil we are getting different vibes out of the white house on this whole escalating scandal that started benefits not getting paid and now it has escalated to patient care and the political crisis manager is with us now. For now the president is keeping this and so that doesnt change. Ive seen this playbook before. Is, i think the reality is the president expressing that he was unhappy and outraged about the situation. atsign from anyone who has heard about this feels the same outrage. The what veterans are looking for and policymakers are looking for is a plan forward of reform and Holding People accountable and everything that brings together the input about what is going on. The reason this is important issue is because these are real people and these are someones grandfathers or fathers or brothers or sons and our military heroes that have put their lives on the line. They deserve the best care. Neil that is what is igniting this bipartisan rage. A lot of getting old and they need our help and i think on the right or the left you want to do the right thing. And apparently the right thing isnt happening. But my issue is this rage on the part of the president. You say you are mad and you are curious, you cant just say so, you really have to act it out, dont you . Well, if i were advising the president , i would tell him that its fine to express outrage, but you have to follow that up with a specific plan of action is to be a system across the board is open and there needs to be a real honest and public review of what is broken and when will it be fixed and keeping a person in office who has been there, they have lost all credibility with veterans. Why is the president not firing him . Lets begin with more about this. This is the way it rolls out. Im annoyed come outrage, i never see this as a finished investigation though. He knew nothing about how the obamacare website wasnt ready. He knew nothing about what was going on in the irs. I think you might just be tired of trying to defend all of the various scandalous their hitting the administration. Should be good at defending it, because hes deflecting this every quarter. And that is the problem. Dont you think that after all of the scandalous, being really angry about something, dont you think he would finally say, okay, i figured out how to up this and im going to put someones butt on the line and they will be be in trouble. I know they call him no drama obama, but sometimes you need some drama mantises wakes nothing is going to happen. Because its emblematic of what the president stands for. Looking at the va it is a huge bureaucracy. It was all administrative costs and what this is is a look at what Big Government looks like and what that does it has no interest in improving services by keeping people on the line. Is this not going far . This is either going to be realistically Barack ObamasHurricane Katrina moment where the Bush Administration lossless and they showed the ineptness of government not being able to provide basic essential services. If the president doesnt get serious about eating transparent and putting forward a plan that involves capitol hill and lawmakers and a path for reform and cutting the va and starting over, this will be his Hurricane Katrina. Neil size, i want to thank you so much. These are not just republican soldiers and veterans these are not just democratic soldiers and veterans. These are guys that are hurting and they need us. And they need us. We when folks think about what they get from alaska, they think salmon and energy. But the energy bp produces up here creates Something Else as well jobs all over america. Engineering and innovation jobs. Advanced Safety Systems technology. Shipping and manufacturing. Across the United States, bp supports more than a quarter million jobs. When we set up operation in one part of the country, people in other parts go to work. Thats not a coincidence. Its one more part of our commitment to america. Ameriprise asked people a simple question can you keep your lifestyle in retirement . I dont want to think about the alternative. I dont even know how to answer that. I mean, no one knows how long their money is going to last. I try not to worry, but you worry. What happens when your paychecks stop . Because everyone has retirement questions. Ameriprise created the exclusive confident retirement approach. To get the real answers you need. Start building your confident retirement today. Does your mouth often feel dry . A dry mouth can be a side effect of many medications but it can also lead to tooth decay and bad breath. Thats why theres biotene. Available as an oral rinse, toothpaste, spray or gel, biotene can provide soothing relief, and it helps keep your mouth healthy, too. Remember, while your medication is doing you good, a dry mouth isnt. Biotene for people who suffer from dry mouth. A dry mouth isnt. Can you start tomorrow . Yes sir. Alright. Lets share the news tomorrow. Today we failrly busy. Tomorrow were booked solid. We close on the house tomorrow. I want one of these opened up. Because tomorow we go live. Its a day full of promise. And often, that day arrives by train. Big day today . Even bigger one tomorrow. When csx trains move forward, so does the rest of the economy. Csx. How tomorrow moves. Neil welcome back, everyone. President ial candidate John Huntsman was telling us that this clearing of the field and a lot of republican primaries this week including tea partiers is continuing. It means now that the money guys have a clear picture where they can put their money. So did that clear the decks a little bit . Absolutely and he is right on. I liked what he said. And he is just a decent human being. He gets that, and hes smart, maybe thats the reason that a lot of people didnt get it in the campaign. I always thought that he was right on and a pretty sharp guy. Yes, the question is going to be the individual so nice. I see that as supporting the canaday and what is going to happen to a lot of the tea party . The money on that site is going to be drying up in bed. So how are they going to get their message out . And are they going to continue to run candidates against establishment candidates. What have we seen this going down . Money doesnt always mean that youre going to win a race. When you have not enough money, it is bad. But sometimes you need to blame the message and not the fact about the money. I wonder what is this mean, whenever they lack in fervor, ron paul illustrates. They feel like theyve been slighted from the side, i cant picture them, you know, really galvanizing for the grand old party. The tea party is important. They are the guys forgot the Republican Party to come back. And look at what is happening on capitol hill. We are finally looking at a federal government that is shrinking and that is something we have not seen the past 60 years. When we have federal spending would actually decrease and its still really bad. And this is my point. That we need to move away from people saying that its never good enough to saying that we are winning, how do we win one. I cant imagine that theyre feeling very good and theyve been demonized all over the place. These are the guys who reminded the republicans where they came from, what hell did we go through when we ran through the republican administration. He never met a spending bill he didnt like and then you naturally roll into obamacare. Neil do you know where the money is going. So what is the latest . I know that a lot of people after these elections, they are concentrating, at least my daughters are, concentrating on having a gop u. S. Senate where in 2016 we really dont know. Hillary is going to be one heck of a horse to be reckoned with. He refused to listen to me. But she will not be the democratic nominee. I really think that she well and even if she doesnt want to be. Thank you. Its always a pleasure. She does know more about this than i ever will. And we had the war on pot is still a lot of poor people. The Great Society that was going to feed everyone, a lot of people are still hungry and of course we spent trillions to course we spent trillions to make our kids predicting the future is a pretty difficult thing to do. But, manufacturing in the United States means advanced technology. We learned that Technology Allows us to be craft oriented. No ones losing their job. Theres no beer robot that has suddenly chased them out. The technology is actually creating new jobs. Siemens designed and built the right tools and resources to get the job done. Neil i didnt think it was possible for kids to be dumber today than i was in school, but its happening. They are spending money to make sure that we have brainiacs. Its not happening. 26 of 12th graders today are proficient at math and that would tell me that three quarters are not. Its barely better in reading. But on both levels since the 1970s, these are way down. So why throwing money at this problem has not worked. What is going on here . I dont think students are dumb, but i think the federal government gets done all the time. Since the 1970s we are spending almost three times today per student. And this is the thing. The numbers show that its not actually educating our children. This money goes to about 100 different federal education programs. It does about 30 billion a year to the states. We hear all this talk will present obama is guilty of it himself. We need more money because you have to hire more teachers. The fact is that we have more teachers today for student and we have ever had in the history of this country. Neil so the hiring increase has been far more dramatic than the increase in students . Yes, that is right. If you look at Public Education employees, only about half of those folks are actually teachers. Im not saying that we need more teachers. But what about all the money that is going to administrative folks, many of which are dealing with the burdensome paperwork coming out of washington. What is the money was spent on education itself in giving the state and parents to decide what is the best education for their children because clearly the government doesnt know. What about the Charter Schools . They seem to be graduating students a rocket scientist. And the more ineffective you are, the less we accomplish and the more money you get and what power you have. Once they were spending all this money to make our kids smarter, were not spending money to make a kid smart but to grow a bureaucracy. Thats all they do is when that money gets spent and it doesnt work, i think you talked about this previously. You need to almost educate the educators a little bit here. When you look at studies, the home life of the kit is very important. Outside activity is very important. The most that you can learn is in the classroom in front of the teacher. And you have a lot of Great Teachers that go unreported and unrecognized out there. Wanting in this study is the fact that there are gaps between whites and minorities is the widest its ever been. So where are the incentives to the Great Teachers . I think most americans would be happy to pay to see results which we are not seeing. In many cases you are running good teachers out of the School System because youre rewarding those who dont do well. And the fact is there are some states, florida is a good example, weve actually seen a lot of innovation from a local School Districts trying a lot of different things. In those places you see the achievement gap between white, black, hispanic students, all this greatly shrinking and you see good teachers staying in the system hurts i think the choice is a good thing. Most localities and states that have tried it, their students are doing better. Everyone is following what the federal government wants. Neil thank you guys so much. Neilwere moving our company. To new york state. The numbers are impressive. Over 400,000 new private sector jobs. Making new york state number two in the nation in new private sector job creation. With 10 Regional Development strategies to fit your business needs. And now its even better because theyve introduced startup new york. With the state creating dozens of taxfree zones where businesses pay no taxes for ten years. Become the next business to discover the new new york. [ male announcer ] see if your business qualifies. I got more advice than i knew what to do with. What i needed was information i could trust on how to take care of me and my baby. Luckily, unitedhealthcare has a Simple Program that helps moms stay on track with their doctors and get the right care and guidancebefore and after the baby is born. Simple is good right now. anncr vo innovations that work for you. Thats health in numbers. Unitedhealthcare. Really. So our business can be on at ts network for 175 dollars a month . Yup. All five of you for 175. Our clients need a lot of attention. Theres unlimited talk and text. Were working deals all day. You get 10 gigabytes of data to share. What about expansion potential . Add a line anytime for 15 bucks a month. Low dues. Great terms. Lets close. Introducing at t mobile share value plans. With our bestever pricing for business. Neil what is the deal with all of this president ben carson talk . After he appeared yesterday, a lot of use them to agree that the title might lead. Mike on Facebook Says it would nice to be have a president with a grain of common sense. And williams says the answer is yes, a clear articulate voice of reason. And forrest says common sense is a gift. And maureen writes that doctor carson is a voice of reason and a voice that helps us during a time of confusion. And todd writes, do you prefer governors or senators . Well, usually governors because they have the executive experience. But we have some impressive senators that have become president , like john kennedy comes to mind. And as much as i love the concept of an outsider coming to the white house, the learning curve is just as deep. That is from philip and philip, you are right about that. And marine writes what you think of financial acres is running for president and chris says the what is wrong with anyone in the u. S. Who thinks they are up to that job and running for a . Nothing is at all as long as the person has a lot of money and access to money. Sadly it has become the mothers milk of politics. And then it says i dont care what anyone says about this doctor carson guy running for president. The way that i figure it the nation gets down in the dumps and he can issue prescriptions everyone in the country or valium and then we are all flying high and oblivious to the world. Well, there is that. And sarah says to know what were musing and leaders today . Human . People who are funny. You are funny, you are very funny. Funny how . Funny like a clown . [laughter] and the underwrites and no mattw many people say they want an outside candidate, remember herman cain . Remember pat paulsen . Herman cain was a serious candidate. A lot of people who have held that office of the comedians without intending to. So you might be onto this has me frustrated that the veterans who made it back safely from battle of left to die with the crap Beat Health Care system or the president just learned about all the news . Water his advisers and cabinet secretaries for . Kids he just read the white paper or something . The press conference was underwhelming even though longterm allies say the double