Pete welcome to the second hour of fox Friends International coffee day and we have veteran owned Coffee Companies outside. Fantastic stuff. Joey that was fantastic. The navy seal got me in the Department Of The Navy so i assumed he was making a marine corps joke, know the navy seal. Fair enough. Pete Caliber Coffee Company support the second amendment. Joey the make ammunition into a ton of other stuff and they all got along. I thought it would be a tussle. The one Company Offering 20 and the guy that i was with pale horse coffee immediately jumped there tran15 20 on the spot, competition and freemarket working in real time on fox friends so i thought that was awesome. My coffee is coming out just getting cream in it. Pete Promo Code Fox for Caliber Coffee Company. Joey mine was Victory Coffee i did not see a promo code. Check out twitter ill make sure its on there. We will make sure we get that to you. Joey not breaking news but happened overnight President Biden is signing a shortte
those out, insurance will be pretty cheap. i would personally insure people if i could guarantee not to pay forny of those things on the list. so is just i m a market guy, joy, you know that, i m a capitalist, i m a business reporter, i love capitalism, this makes no sense. and wendall, what would insurance companies do if you completely deregulated the market. ? would they ever insure somebody s child, let s say, who had spina bifida? would they insure an older person or sick person willingly? no, and that s a fallacy, this free market thing. they don t want to insure people who need access to care. this i went the healthiest and the youngest so, no, they would not. it s just absurd. the whole idea of the free market working is just a fallacy, as ali said. and even the notion of competition is a fallacy as well, too. the more insurance companies you have, the less market power any one of them has to negotiate
those out, insurance will be pretty cheap. i would personally insure people if i could guarantee not to pay for any of those things on the list. so it s just i m a market guy, joy, you know that, i m a capitalist, i m a business reporter, i love capitalism, this makes no sense. and wendall, what would insurance companies do if you completely deregulated the market. would they ever insure somebody s child, let s say, who had spina bifida? would they insure an older person or sick person willingly? no, and that s a fallacy, this free market thing. theyon t want to insure people who ed access to care. this i went the healthiest and the youngest so, no, they would not. it s just absurd. the whole idea of the free market working is just a fallacy, as ali said. and even the notion of competition is a fallacy as well, too. the more insurance companies you have, the less market power any one of them has to negotiate with doctors and hospitals.
marketplace is demanding. this is a classic free market debate right here. do it by federal mandate or do it because the market, the free market is demanding you do it. we re in the free market right now, only 11% are doing it. exactly. so as more companies do it, other companies will have to compete by offering it. otherwise good workers will go to the [ overlapping speakers ] minimum wage is a great example of this. everyone is like they wanted a federal minimum wage of $15 per hour for all employees. everyone pushes back. walmart says it s not federally mandated. we re going to do it because that s what it s going to take to keep our workers. that s the free market working. if you don t do it mandate to companies that can t afford to do it. they ll have to offer it and drive those companies into the ground and they ll be out of business. they hire less women and promote less women. you see that in europe. it s not without negative consequences if not done smartly. but th
that s the free market working. that s how decisions are made and should be made. you also brought up the age thing. they bring up recent examples of racism and they tie it to old people. if you are 81, you were in your 40s in the 1960s, so you know better. you know better. 150 years old. you weren t in the civil war. so the idea like old people are still like walking around with these notions is baloney because you actually were of prime age when this stuff changed. i was going to say not even that. it seems to me like rich people, he thinks because he has so much money he s allowed to be a bigot which of course is not the case because everyone around him is likely a stepford staff that just nods. no one calls him on the carpet.