i'm ali velshi. this is "real money." ♪ america's fears about ebola are spreading. and public officials are scrambling to contain both the disease and the anger about the poor response of health officials to it. we're going to cover this story from multiple angles, including how congress hammered the heads of the cdc today. but we start with fear. the reason why some classes were canceled in texas today. the fear centered on people who had been on a flight with a dallas nurse who contracted ebola, and fears that a yale graduate student might have the disease are unfounded. the student had been tested negative for ebola, after being admitted to the hospital with ebola-like symptoms and fever. they are waiting for centers for disease control, confirmation of the negative test result before completely ruling out ebola. meanwhile the governor in illinois is ordering hospital to tests next week. in washington tonight, president obama authorized the pentagon to call up reserve and national guard troops if they are needed to help respond to the ebola outbreak in west africa. the u.s. has already committed to sending up to 4,000 troops to provide logistics and build treatment units. also in washington, lawmakers got their first chance to grill the head of the cdc over the botched handling of the first ebola patient in the united states, thomas eric duncan who died in dallas. mike viqueira is at the white house for us. mike? >> reporter: ali at this point president obama is huddled with top advisors talking about ebola how to contain the controversy and any further spread here in the united states as well as the situation in africa where more than 4,500 individuals have already succumbed. inside the meeting dr. thomas frieden of the cdc. he suffered three hours of grilling on capitol hill today as an increasing number of lawmakers are now calling for a travel ban from west africa. >> on capitol hill, the criticism came from all sides. >> people's lives are at stake and the response has been unacceptable f. >> lawmakers were outraged that amber vincent who treated thomas eric duncan was permitted to get on an airplane with a low-grade fever despite assurances that proper protocols were in place. >> what were her symptoms? >> i have not seen the transcript of the conversation, my understanding is that she reported no symptoms to us. >> reporter: both sides called for tighter restrictions or an outright ban on travel there west africa to the united states. >> borders may be porous especially in this part of the world. we won't be able to check them for fever when they leave or arrive. >> reporter: the white house agrees and says a ban would make the problem worse. >> if we were to put in place a travel or visa ban, it would provide a direct incentive for individuals seeking to travel to the united states to go underground and seek to evade the screening and not be candid about their travel history. >> reporter: for the second day in a row, president obama cancelled a trip to raise money for democrats, instead saying at the white house. mr. obama is also sending more personnel to west africa to help build hospitals. the situation in africa, where ebola has claimed roughly 4500 lives came up only briefly. >> we have had three recent cases of ebola in this country. we should be concerned about these cases, but we need not to panic. >> reporter: and late today, ali we learned that the number of guard and reserve individuals who will be sent to west africa, just eight right now, eight engineers. there are up to 4,000 authorized to go. also we have heard increasing calls for dr. frieden to step down as head of the cdc and as of this moment the white house is still standing four square behind him. >> you have been great at reporting this. but bring in your washington veteran hat. i look at frieden's performance today, i thought the congressmen were grandstanding. i thought there was a lot of stuff designed for congressmen running for election. i thought he did a better job than a lot of the analysts did. >> reporter: that's part of the process, ali. when it comes right down it to, yeah, the pal tigs - tigs -- politicians have their talking points. and there are two who are locked in very tight races for the sentence. in colorado and in iowa. you know, the way you look at it, everybody is looking at this thing, this is priceless in terms of the amount of money they can be spending on campaign ads versus this free exposure here in washington. but it's part of the process. they are letting off steam. it is part of their function. but i think really the crystallizing moment that has really piqued the lawmakers, yeah, they are going to put on a show, but a lot of people are questioning how that nurse got on that plane, how she was permitted to go on that plane after all of the assurances that all of the precautions and protocols were in place. >> yeah, and those are valid questions from congressmen and americans. mike good to see you. mike viqueira at the white house. ebola is taking a toll on the world airline industry. stocks have dropped about 13% in the last month, but today we learned that nearly half of americans are so concerned about ebola that they are avoiding international air travel. their fears have been raised by news that the next nurse in dallas took commercial airline flights before being diagnosed. she now in atlanta at one of four hospitals in the united states that have spent years preparing for diseases like ebola. we're joined by melissa chan in dallas. what is the les? >> reporter: well, she just left the facility here in texas. that means dallas for now, no ebola patients anymore, and she also left a statement. she released a statement, thanking the nurses and doctors and the hospital, really bearing no ill will considering the fact that she contracted ebola while working at this hospital. she issued the statement ahead of her big departure. this hospital will no longer treat the first nurse in dallas to contract the disease. >> we will be admitting to the clinic unit at the national institutes of health, nina, otherwise known as nurse number 1. we will be supplying her with the state-of-the-art care in our high-level containment facility. >> reporter: the second nurse is already being treated in atlanta. all of this suggests a vote of no confidence on how the texas hospital handled ebola. on thursday a hospital representative apologized for mistakes in treating thomas eric duncan, but still faced tough questions during a congressional hearing. >> has your organization in texas denfied where these specific breaches in protocol were that resulted in her infection, or alternatively the inadequacies of the protocol. >> we don't know at this particular juncture what the source or the cause of the exposure that caused nina to contract the disease. >> the dispute between on-site nurses and the hospital is also going, with nurses saying no one knew what the protocols were, adding that they felt, quote, unsupported, unprepared, and lied to. but the hospital shot back, saying quote: a hospital followed the centers for disease control guidelines and sought additional clarities. and ali this is "real money," and i do understand that you are interested in the economic angle. well imagine this hospital, and if you were a patient that was not concerned about having ebola, but the fact that you have a child, perhaps who is sick, also obgyn, from what we understand they are seeing a drop in the number of patients showing up at this hospital. it will be interesting to see the business impact on this hospital in the future. >> it could be two things. it could be people are going to start using services of other hospitals or people start making decisions not to go to the emergency room or their doctor because they are worried about the hospital. thank you for that. every hospital in america should be gearing up to handle ebola cases, but the reality is not all hospitals are equally prepared to take on the challenge. i'll tell you why coming up. plus i'll putting dollar signs to fighting this disease on a global scale. tell me what is on your mind. we're coming back in two minutes. ♪ a ♪ so the way things stand now, the two dallas nurses infected with ebola are at two of only four hospitals in the united states equipped to isolate patients with the deadly disease. health officials are trying to reassure us that most hospitals can safely treat ebola, but after seeing what happened in dallas that has been a difficult sell. what do those four hospitals have that others lack? let's bring in jake ward who has been looking into this in dallas. jake? >> ali it's really sort of extraordinary the way that ebola has revealed the u.s. healthcare system. there are real shortages everywhere of everything. everyone is trying to buy something at the cheapest possible price, the smallest possible quantities. i spoke with the man who chairs the emergency medical committee for dallas county here. >> in terms of winging it or really on the fly decision making that is not unusual for american medicine. i think it's a misperception that we have this robust capability. we run out of stuff all the time. doctors are out of a catheter and have to use a different kind. the manufacturing company has recalled this or that. drugs are the same way. we have formulariries and things like that. they will run out of one particular drug, and you having to trade one for another. so it's not shocking that we're improvising here. >> reporter: you know, ali it's really interesting the sort of improvational quality that the doctor was talking about there. we think of doctors as having all of the answers, but when someone comes through their doors, especially here in the united states, they don't have any idea what they are dealing with until they can get more information. and this situation has revealed how unprepared many and in fact most hospitals are. >> so we have four hospitals that for whatever reason drill for these things, have the right equipment, keep it in -- in a certain amount of stock, but even at emery or national institutes of health, it's not that they have the ability to treat many patients with ebola. they can take one or two. >> reporter: no. that's absolutely right. ali you are making the essential point here. the reason is they get government money specific to do that. the cdc commissions these to be the biocontainment units that can handle the really serious situations like ebola, but in tiny, tiny quantities. if we see even a dozen more patients in this the united states that's all we have got. and your average hospital is not equipped to handle this kind of thing. it speaks to the cost-saving nature of healthcare here in the united states. and if somebody comes in unconscious and alone, there's no way of knowing what they have or who they are. however in europe by 2020, you will be able to walk into hospital from any nation across any other border in europe, you will know who that person is, what their blood type is, their allergies, we don't have any of that. we're incredibly limited when it comes to these particular kinds of situations. >> jake, they were trying to say they don't know how these two nurses -- how exactly the transmission occurred. but for the rest of us out here who are not dealing with people exposed to or infect with ebola, we had this one scare at yale university, there are questions of being in public areas, have they put out protocols for what regular people should be doing to try to keep safe from ebola? >> well, you know, there isn't really a good consensus at this point of it. it's really a complicated situation because the consensus has not been arrived at. you are seeing some hospitals ignoring the cdc's guidance completely and going on to the guidance provided by doctors without borders. so there's no central authority. we imagine there's some overarching group, but it doesn't work that way. in fact in the u.s. we just make it up at we go along hospital by hospital, state by state. >> and the cdc made that point, saying we're not a regulatory body. we put out guidelines and we hope people follow them. while health officials here in the united states scramble to contain ebola, the virus is spreading rampantly in west africa. 70 new cases are being reported in sierra leone every single day. >> reporter: yet another ebola victim is taken away in a body bag in this chinese-run hospital in sierra leone, the doctors say one of the biggest problems is the lack of awareness. >> translator: many patients almost know something about the ebola virus. they often go into the rooms of ores once medical workers have left. which greatly challenges our attempts to control the virus. >> reporter: the world health organization is now using the word rampant to describe the spread of ebola in sierra leone. it's long with liberia and guinea are the worst-affected nations. with fear and stigma surrounding the virus, many victims are being hidden away by scared relatives, and the w.h.o. says the real death toll is likely to be much higher. doctors without borders says it needs help to carry on. >> we have reached our limit in terms of increasing. that's why we're still a bit astonished is the slow and weak capacity of other actors, including state actors, and military organization actors like w.h.o., like united nations and so on. they are deploying as we speak, but we still don't see the result in the field. >> reporter: the w.h.o. agrees there's a major shortfall in sup place. in its latest report it said liberia needs almost 3,000 beds to treat patients but only has 620. guinea needs around 260 beds but has 160. and sierra leone only has about the quarter of beds needed. that's concerning because if there's no room in hospital, people are left to die at home where they can spread the virus. supplies are coming in from the international community, but it's still not enough. the w.h.o. has predicted the number of new cases is likely to increase from 1,000 to up to 10,000 each week by december. and says the world needs to act now or suffer the consequences later. the world needs to act now or suffer the consequences later. the world bank released a report calculating potential economic damage. it estimates the gdp losses in west africa alone could be as high as $32.6 billion by the end of 2015. dave evans is a senior economist and co-wrote the report. how do you figure numbers like this? >> well, what is different from other health epidemics, is that rather than most of the cost coming from people getting sick and dying, this mostly comes from this fear factor. people are taking dramatic actions to avoid exposing themselves to the epidemic. i have been in sierra leone many times. we see dramatic reductions in people going to the market to sell their crops. and people traveling from ore countries to sell food in liberia and sierra leone. we see people who are -- mines that are shutting down as a result of foreign staff being pulled out, and workers being sent home. all of these come together to give us a strong sense of the economic impact. this $32.6 billion really comes about as we see significant spread throughout the region if this doesn't come under control in the next few months. >> when you look at the economies of the countries directly affected right now. these are small economies, generally economies that suffered drastically in the recent past. does a hit like this hurt countries like that more? or small economies more resilient and able to come back better? >> it hits them much more. when you contrast this with sars which hit hong kong, when we hit three of the weakest economies in the entire world, even though there was growth, we're looking at poverty rates of around 50%. half of the people in these economies don't have are enough to eat, are already extremely poor, so an economic shock like that can shot those poverty numbers through the roof. up to 75, 80%, that has real concerns not just for the immediate impact on the families and their children, but also for the political stability in the region. >> you studied this very carefully about how this affects africa. have you thought about a spread further in africa. there's a lot of inner africa trade now. that is something that has improved dramatically in the last five or ten years. is it a real danger when it gets into bigger economies? >> very much so. many the epidemic isn't halted quickly then that's exactly the kind of spread we have seen. we can be optimistic with the fact that it was contained quickly in senegal and also in nigeria, but that doesn't vaccinate these economies from another appearance that isn't handled quite as expertly, and once that happens we'll expect to see a ripple effect through the continent and the world. >> you made an interesting point that it is not people getting sick and dying, unfortunately, it is fear. that's what is hitting us here in the united states. we have only had a few people, yet we're starting to hear about the poll that said that people are not going to travel internationally, the calls from congress on a travel ban or visa ban for people coming in from that part of the world, what is the impact likely to be in the united states if we get more ebola cases? >> like you say the economic impact is completely disproportional to the number of cases. so if the health system is able to take care of the cases that are currently in play, and show it is possible to contain these, and i'm optimistic that that is the case, i expect we'll see a pretty quick reversion to regular behavior at least in the u.s. economy. if that's not the case, i would expect the same fear factor to have the same disproportion at it impact here in the u.s. >> dave, thank you for your time. i want to take you to some picture we're bridging in from dallas right now. this is what melissa chen was talking about. we have the first nurse that was infected. nina has been transported from texas presbyterian in dallas, to maryland to the national institutes of health clinical center, one of four hospitals in the country equipped to handle highly contagious diseases. that is the ambulance. she is in that ambulance that you are seeing. that is the airplane that is going going to -- take her. they are preparing everything so the transport is done as sca carefully as possible. we have watched that convoy move from the hospital to that airplane. that airplane will be taking off shortly for bethesda, maryland. we'll have two patients in two centers where they are equipped to handle that. this one to bethesda, and the second nurse has been moved to atlanta to emery where she has been treated. coming up next, apple is hoping less is more. it unveils skinnier ipads. plus another volatile day for investors. the markets finally steadied themselves. i'll show you the comeback and how it unfolded when "real money" returns. well it may not have had the same buzz as last month's mayor iphone announcement, but apple's ceo tim cook was back on stage with today's latest products. apples latest entry in the tablet wars. i have got to tell you, i didn't remember there was an air one. this is touted as the world's thinnest tablet at just 6.1 millimeters. [ applause ] >> this is the new ipad air 2. it's unbelievably gorgeous and look at how thin it is. can you even see it? [ laughter ] >> apples newest i -- ipad is more powerful, but earliestly predictions is this is not enough for customers to buy the upgrade. the ipad is still apple's second-biggest money maker, and accounts for 10% of its profits. revenues exceed $30 billion a year. that's more than mcdonald's makes annually. but in the second quarter apple's ipad sales declined 9.3%. along with a software update, and a new desktop i-mac, the other big news was apple's payment service will launch on monday. using a single tap can pay at stores. 500 banks have signed on. today cbs announced it will allow viewers to watch current programming online without a traditional cable subscription. the service will cost 599 month. but nfl games will not be able for streaming. that news comes a day after hbo announced it would introduce a internet-only streaming service. it doesn't require a prior subscription. meaning customers no longer have to go through packaged channels. gut check time for anyone with a 401k, but stocks make a come back. you can catch your breath for now, but we still have one more day of trading this week. it's not anything that we obviously planned for. we just had never even thought about it. it wasn't our type of -- >> no, because we thought that the business was going to keep going, and didn't think that we were going to be retired at this stage. >> that story and more when "real money" continues. ♪ >> a firsthand look at the isil fight >> you can see where the bullets ripped right through... >> refugees struggling to survive >> the government, they don't help us... >> but who is fueling the violence? >> if they had the chance to kill each other, to make more territory, they would do it >> fault lines, al jazeera america's hard hitting... >> today they will be arrested... >> ground breaking... they're firing canisters of gas at us... emmy award winning investigative series... new episode iraq divided: the fight against isil only on al jazeera america ♪ the dark clouds parted, some actual sunshine warmed investors up a bit today. but the lesson's from today's stock market action is not that you can afford to put away your umbrella, because volatility has come for a visit. look at today's chopping trading session. this is where the dow closed yesterday. it started off way down there, popped up a couple of times today, and ended down 25 points, that's better than yesterday's nauseating 600-point swing, but by the end of the day the dow fell, and the s&p did the same thing, and the nasdaq as well. we're getting a clearer picture of what is freaking investors out. i won't call you stupid, but it is the economy both overseas and in the united states. in this country we learned today that applications for unemployment benefits dropped last week to the lowest level in 14 years. industrial production which is a measure of all of the stuff we produce. when you see trucks rolling down the street and you see factories and smokestacks, that's industrial production it increased the most in two years. but what really -- jazzed investors was it was said the fed should consider their bond program. the idea is that it may go on, and that gave investors some comfort. what is giving investors real anxiety is the shaky state of the economy in europe, and that is raising complicated but important questions about what european leaders should be doing to pump new life into the euro zone before another recession gets a chance to take hold. one is to do something similar to the quantitative easing program taking place here in the united states. but europe can't agree on what kind of medicine to use. but it looks like new rules meant to curb american companies from buying foreign firms just to save a buck on their tax bills may be working. the chicago drug maker today pulled the plug on its plan to buy an ireland based company after new tougher tax rules came out. shire standings to get a deal breakup fee of about $1.6 million if they follow the board's advice. they were trying to do what is called a tax inversion and the idea that american companies would relocate to another country to pay lower taxes fuelled a debate about patriotism. complicat complicated accounting tricks keep corporations from paying taxes. but an report analyzed companies in the s&p 500, and the results may surprise you. joining us is the ceo of wallet hub. what did you find when you studied this? >> number one as you said we found that -- the s&p 100 companies are paying their fair share. they are actually paying a little bit more than the wealthiest individuals in terms of tax rates, but having said that, they are also specializing finding international loopholes and in some extreme cases like technology companies like apple and ebay they end up paying close to 70% in their international tax bill than in their u.s. tax bill. >> what was the implication that u.s. tax policy needs to change to encourage these companies not to revert and repatriate their money? or are these companies just going to keep on finding loopholes and paying the lowest taxes they can? >> that's a great point. and there is no shortage of countries that would want even a little bit of revenue of these companies. so i think the implication is that we definitely need changes in our tax system, because we cannot have the wealthiest corporations in our country identifying loopholes, paying less taxes than the small business owners that cannot afford to hire these expensive tax lawyers and accountants to find these loopholes, and big companies already have an advantage relative to smaller companies. paying lower taxes cannot be one of them. >> we send a lot of time on this show talking about income inequality, and this is inequality in companies. those big companies can figure this all out, but the companies which we depend on for job growth in this country, small businesses, they don't have those kind of resources. >> that's exactly right. and this is why when you see a company doing all of those deals, and in order to lower their tax rate, at the end of the day, whether we like it or not, the u.s. economy requires a certain amount of revenue to come in, and the government can be more efficient and there can be improvements, but it requires a certain amount of revenue, so when let's say walgreens tries to lower its tax bill, that puts a burden on every other company in the u.s., and every other individual taxpayer that cannot take advantage of similar loopholes. and that's why these loopholes need to be stopped regardless of how you view them, the bottom line is they are hurting everyone else, and we all need to be competing on a level playing feel. >> thank you so much, the ceo of wallet hub. i want to take you to washington where a meeting has just come out between the president and the white house chief of staff, the head of homeland security and terrorism. here is the president. >> -- directed to a well equipped and well prepared facility, but if they are not showing any signs, we still want to have their information, where they live, where they are staying, multiple contact information that not only the federal government keeps but will also be forwarded to the state where they reside. if we institute a travel ban instead of the protocols we put in place now, history shows that there is a likelihood of increased avoidance, people do not readily disclose their information. they may engage in broken travel, breaking up their trip so they can hide the fact that they have been to one of these countries, and as a result, we may end up getting less information about who has the disease. they are less likely -- >> the president talking about these calls made at congress for a travel ban on people who are not americans coming in from places where ebola might be in effect -- or ravaging. the president making the case this is not going to be effective and may have the counter effect. ♪ big companies like macy's ups, kohl's and the gap have announced plans to hire tens of thousands of seasonal workers. amazon announced it plans to hire about 80,000 seasonal workers. a portion of the company's seasonal workers will be so-called work campers. they are mostly retirementage workers who travel around in their rv's seeking out seasonal work. they flock not just to amazon, but to tourist attractions, and camp grounds to find minimum wage jobs. work campers are just part of an aging population working long into their twilight years. this is cindy and burt's third season as campers. >> we didn't think we were going to be retired at this age. >> reporter: they live out of their 240-square foot rv five or six months of the year. they had a construction business in las vegas after the crash in 2008, life changed drastically for the couple. they held on for another three years which they say retrospectively was a mistake. >> we used the money set aside for retirement and finally there was no more left. i don't have any regrets, especially since we were able to -- to get in -- start doing what we're doing here. >> what they are doing is managing two campsites outside of flagstaff, arizona. their work involves greeting campers, cleaning the campgrounds and bathrooms, and for clint hauling water to campsites and pumping out the waste from the bathrooms. >> that's the two opposite ends of the spectrum right there. >> they are part of a national circuit of work campers that extends coast-to-coast and up through canada. retirees answering ads that hundreds of employers post. traveling by rv, they do a range of work, picking raspberries, selling christmas trees, working at amazon and ups during the holiday rush, and working at tourist attractions. and then there are camp grounds. they have carved out a little slice of forrest here. the pay isn't much, but there are perks for work campers. >> you get minimum age and you get your site. and the site could be worth 5 or $600 a month. >> warren meyer manages 110 campsites and employs more than 300 work campers. he says demand for these jobs has gone through the roof since the recession hit. >> we find since 2008, there's a lot more people looking for us. in fact i have a list of 25,000 names of people interested in hearing about jobs. and most of our folks are couples, so that's really probably 50,000 people who are applies for 50 jobs i have. >> after cindy and clint lost their business the two tried hard to find other jobs to no avail. >> people our age don't get hired. they just -- they don't. >> they were able to keep their home in nevada where they live part of the year, but to do so, they decided to turn to work camping, without it they say their lives would be very different. >> things would really really be tight for us, i have to admit. because the only net income we would have a is social security, and if we didn't have this additional income, we would survive but it would be -- >> it would be tight. >> they are part of a growing trend in the united states. retirement age americans forced to work longer because of the recession. almost 9 million are in the labor force actively working or seeking work. and that number is expected to increase to more than 13 million by 2022. >> the new normal is working longer. we are actually -- the labor force participation rate is the highest it has been in half a century. and it could be longer than that. >> during the great recession, 401k's and irs's lost $2.8 trillion. those almost ready to retire got hit the hardest, losing a trillion dollars. >> 40% of near retirees have nothing at all saved in retirement accounts for retirement. and about 10% have very little, not even enough to buy a car. >> it's pretty gorgeous. >> what this means for many of the work campers who are of retirement age, they have to work, if not to survive then at least to subsidize their retirement. that's the case for jerry and rose. they have their own version of what the new normal for retirement means to them. >> it's not what we expected it to be, and so we have made the effort to make it better for us. >> for many work campers spending their retirement in their rv and working isn't a story of desperation, it's one of making the best of their situation, and enjoying their retirement to the absolute fullest. >> this morning i was awaken by a bull elk, bugling, and it's a pretty awesome sound. >> america's baby boomers saw their collective retirement savings fall by more than trillion dollars during the financial crash of 2008. we have been talk about the wild roller coaster ride we're seeing now. the main reason americans purchase stocks in their 401k's and ira's is to have enough money during their retirement years. this woman's specialty is looking at retirement security issues that americans face today, and she says the entire 401k system is broken. let's take a look at some of the numbers that you crunched so well. the latest data from the federal reserve about boomers in retirement, you found that older boomers actually saw declines in retirement account savings between 2010 and 2013. now that surprises me because the stock market and the housing market has been rebounded in that period. you should have done well in both of those areas. >> it surprised me as well, ali. >> what do you attribute it to? >> well, there is an issue of timing. they warn, for example, a big part of people's net worths is housing values. and it could be that they are doing a little bit better than we think. but generally speaking, what happened to a lot of these older boomers is some of them lost jobs or were forced to dip into savings when they should have been saving the most when their earnings and savings should have been peaking. so the timing was the absolutely worse for some of the older boomers. >> people with a longer time horizon, they could have pulled their money out of the market after the downturn and didn't put it back or had a fixed income. your rearch shows the decline in boomers net worth compared to earlier generations ises and tonguing. in 2007 boomers had a medium of $176,000 in net worth. that's a 45% decline from the war baby's. that's markable. what do you attribute that to? >> i think exactly what you mentioned -- well, part of the thing is that also -- some of the older retirees, there are issues about whether or not they have seen declines that are camouflaged. because some of them might be taking money out of pensions and putting them in retirement savings. but just focusing on the boomers, i think you are right, i think a lot of them locked in their losses because they became more conservative. and a lot of younger workers now are invested in things like target date funds and are quite invested in stocks, and really benefited from the bounce. but it depends on who you are, but a lot of these boomers if they lost jobs, they got a little bit worried. they dipped into savings or invested more conservatively. but most of us were surprised to see that things deteriorated in that period. >> yeah, this is real data that shows this imbalance, this inequality in wealth that we see in the united states. we're seeing a lot of volatility in the stock market in the last month. people are worried about their 401k's like it is 2008 all over again. the whole point was to try to ensure that people would manage their own retirements. it's just not working this way. >> yeah, from my perspective no country has ever demanded so much of people. it was -- an experiment that happened accidentally. it was a little law in the tax code that was meant to apply to people in wall street and other savvy investors. but we became more and more reliant on 401k's replacing pensions. there's no doubt the 2008 dunner turn was unprecedented and really took a big bite out of people's savings. >> so what is the solution? should people be more savvy investors? should we revert to a different solution? what is the solution? we can't end up all of our retirees have struggling to make ends meet. >> one of the things we can do is reverse some of the cuts we made to social security. it injects money into the economy during recessions, as opposed to 401k's. so i think we need to reverse some of those cuts, but for an individual that's not going to help them. until that happens. for a lot of people the only solution is to keep working as long as they can, but that's not realistic for a lot of these people. a lot of these work campers, a lot of this is back-breaking work. they get the usual acheses and pains that older people get. >> and there aren't as many jobs as there used to be. you have young people competing with older people for the same jobs, and that's why we more older people working in minimum age jobs. good to talk to you. >> thank you, ali. well ebola has very little to do with where you come from. stick around i'll tell you where i'm coming from on this after this break. today in washington, congressman steve of louisiana, badgered cdc director tom frieden about whether he would support a visa ban on citizens of ebola-ravaged countries. there are people from all over the world, including the united states exposing themselves to the risk of death to help their fellow human beings. this is about the world coming together to stop the spread of ebola. it's just poor public policy to make people think they are safer because we are keeping nationals of particular countries out of the united states. the fact that he thinks only non-americans could threaten u.s. public health is quite frankly un-american. phobia and prejudice won't solve the problem. unlike the congressmen, ebola doesn't distinguish its victims by the passports they hold. the virus will strike anywhere. it's an equal opportunity victimizer. congressman scaice that is not a serious public health response. that's our show for today. i'm ali velshi. thank you for joining us. ♪ >> hi, everyone, this is al jazeera mega. i'm john sieg that willer in nothing. trying to control the damming, federal officials of the defensive over the ebola spots. carp teen, we go up side whereupon of mega's few super charged intensive care i don't wants equipped to handle o. rescue mission, dozens found dozens missing. storm front, and ago ago's battle over what cow one of the biggest

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