They found out that its worse than they thought. And this is a hackers victory. Now, it is all lies some of these guys starting from scratch, scratch that because the president is doubling down and trying to redo it. And while i have the feeling that its all about that, you know, i dont know this, but i did find a pretty darn good tech person who has a good idea. And he is is responsible forthe wanting out of pennsylvania avenue that should have passed the test of time. And tere has some ideas on how the president might still be able to salvage this. Knowin what you did in knowing what they have to do, this is the major le year. But go ahead, what do they do . My heart goes out to the tech team because they are working 24 by seven affixes. In the first place, i get that playing out, ad i would meet with American Companies like disney and amazon and fedex never get that outside advice. Neil this is about catch up. But where those guys to say and we are hearing from a lot of techies that that is what they are encountering. Stabilize the system and then make bad or do we need to actually build something new. But the key right now is that we have to get this right. And then make those decisions later. Neil president bush met with every demand and traffic that would rise exponenally. And i dont know the rollout and how it is on the time of day, ebay could tell you that but how important is that gauging traffic demand when people want tt get onto a website . Its critically important. I would expect that they should ve hour by hour record to tell them when the pe times are and also when customers are getting bumped up the system. That should be apparentin warning people about the peak times to stay away fromhe site. A1 people keep tremolite again. An the systems simply cant handle the tffic or servers or whether you need something bigger or i dont know, at what point is it what we got it suitable and we have to start from scratch. I think hat you need to look at the team and you need to say that is this fixabll and ask their opinion because they are the ones that are going to know whether or not they can for more bandaids on and make it work or if rellbadaid isnt going to stop the hemorrhagg. And once thee get rough that they would Work Together with the Security Team and i would say what you think. Does this have a shelf life of a year or two years or do we need to do something different. Neil president bu had a medicareprescription drug plan that was really not paid for. But evetually they did get it done and people were ae tt take advantage of it and what critics are saying qassam one with the president said at the time. At least getting it ruled out ruled out. It got there. What do you think on the larger scale . We have a lot of Unanswered Questions since im not sure. But one thing im not a big fan of is sort of big bang approach is an in three years were going get a system and any featurs and functionality once we get the syst well, we deliver them in to 90 day increments. And now we learn a lo about the custer experience beyondhat very intuitive. I think we need to take it on a smaller chunk instead of long deliverables. Neil when i was a kid i ued to prepare my parents were straight grates on my report card so if ey saw a uple of lowgrade, they thought that i was being goofy. Honestly they didnt harken my advice. Thann you so much. E one switching gears here, in washington, the economic recovery being cut at th pass. It did not happen despite all o the doom and gloom. More indicationsf really good and and it used to drive the lateral government to a standstill. The way that they had a disastrous amount of sequestratn steps. No matter what. Clearly the early read on both and is is that they do no do the harm that was feared. I hope that is right. Is that i like it wasa joke, bu theres now a group of people saying that maybe the shutdown was good for the economy. They ot more dataetween august and september, the numbers were very solid. And i that continues, i think that what that would be a very good sign that the economy will recover. So so much for shutdown, what you say . Well, you know, the impact, thesnumbers hold, these pacts will not be as negative as wat people anticipate. We have a major bed of this going here. Then they say that that happen despite obamas. Neil i do want to get into that, get inside your head to understand what is iide what is going o. Where is there a sense with republiccns untilthe emperor that he has no close. Its a big qustion. A little inflammatory. They were able to set their exchanges in a timely way. Neil lets lk about the website. Does anyone tell the president that its nogoing to be that way . I doot know. I wasnt there in the runup to this, but i think that in this case of the group of people in e individual market were getting notifications that thy can keep their plans come and they have a switch to different plans, this is a thing that is applying his Something Like 2 of the country. Neil we dont knowbout that percentage. 5 in the market total. As for more than half of the people are either either to receive the curre policy or are getting some animosities be one what do you think will happen nxt year exchanges, private and otherwise . I think that some might. But you have to remember the context of apple deate was people saying this is a government takeover and it was like they were going to lose one private insurance option but five othernsurce options to choose from. The bugaboo that they were comparing to was hat it wasnt a government that was taken over the entrance. And a narrow slice of the market is going to private sector. Neil i love you dearly. But have to tell you theres a strategy the. It was a brilliant woman the goal all along mightve been ther you are letting out where i can appreciate that we might go ta single singlepayer they are saying lets forget it or whatever. That lets just make it lear that i understand the. Neil i understand. Im making it pretty clear. Pblit allowe its always good having you. Okay, lets move on. Coming up, the preside kicked off Health Insurance. And the young people getting ripped off by the plan. Plus what couldnflict major damage to jobs coming up next. We will have so i can reach ally bank 24 7, buere are no branches . 24 7. Im sorry, im just really reluctant to try new things. Real . Whats wrong with trying new things . Look mommys new vacuum cat screech you feel that in your muscles . I do. Drink water. Its a long story. Well, not having branches lets us give you great rates and service. Id like that. 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Once wte something on a sheet of paper and placed it in his factory for all to see. Four simple words where the meaning has never been lost. The challenge always accepted. And the calling forever answered. Introducing the allnew 2014 sclass. Mercedesbenz. The best or nothing. So this is a winin for American Worker is old and Small Businesses. See won the employees have the minimum wage now, what if your businesses are conacted 3 per year. And youre required to pay that at 3 more. It doesnt reflect what the reality might be. Well, there as a study in 1994 in the American Economic review by kruger that ought to be looked at inthis regard. There was no impact by an increase in the minimum wage. What we are increasing at an aggregateedemand and will spur the ecomy. You have to member that the puhasing price that people have had from the 7. 25 is lower percentage power purchasing that they had in 1978. Keanu could talk about the average family of four. Neil including what we have to think about is legislating what we c and cannot do. In other words, even when we sold the health care requirements. Im going to hire more prttime workers, we already have that as a reason example of when the governnt ran something down your throat. Finding a way around it to adjust to the cost. Even weve had a transition from manufacturing to the service. With that, the service has been like a high proportion of the expenditure. And we are seeing downward cycle and we are seeing amica that has a work and this isnt a counter diction. And there are 8, 9. All that would have to go. Its easy to sound callous. But everyone have to go up en if they have an underlying business. For that employer in that small job and that manager has to make a choice that. Mosof these individuals, they have to make situations workith a lower wage eployees and this is beautifully crafted as a package. Small businesses andthey will have a major tax break up to a halfmillion dollars a year. That is good. With te situation, you take mcdonaldswhere people re pushing this wage, and they are working just as hard as anyone else. Its not about that. Neil do you think that average americans than would happily pay moreor burgers and friesand sodas or for anything. There is a moral imperative. Do you think that america would be okay with this. Il do think america would be okay with this . I would like to see america identified woulddlike to see aa identied with the standard of living. 80 of americans favor an increase in minimum wage and 90 pursue this in percentage terms. Anything but that will result in the value . The broader issue is what americans eat. Mcdonalds ought to pay their workers. A decent wage. Its about the minimum wage and a living wage as well. The. Neil do you think americans would user scial sense with whatever you want to call as a costonscious worker . Lookg for value, those pple would not. Those who work, fulltime workers on food stamps. What is going on here . That an nswer. The people woulday more for goods,. Neil okay you believe that. They will because we are in a race to the bottom inamerica. We will become hina were whatevers. Neil talk about the person whos aying more for that burger. Okay,dennis, its a plesure. In the mainstream meda, they are going nuts over these food stamp cuts. They are actually spam scheme of things. Man,oh, man, youd think it was the end of the world. That is as a business owner, im constantly putting out fires. So i deserve a Small Business credit card with amazing rewards. With the spark cascard from capital one, i get 2 cash back on ery purchase, every day. I break my back around here. Finally soes recognizing me with unlimited rewards meetings start at 11, cindy. [ male announcer get the spark Business Card from capital one. Choose 2 cash back or double miles on every purchase, ery d. Whats in your wallet . I need your timesheets, larry whats in your wallet . [ mat iyou wear a partial, know youre almost twice as likely whats in your wallet . [ to lose your supporting teeth . Try poligrip for partis. Poligrip helps minimize stress which may damage supporting teeth by stabilizing your partial. Care for your partial. Help protect your natural tee. We are the thinkers. The job jugglers. The up allnighters. And the ones who turn ideas into action. Weve made our passis our lifes work. We strive for the moments where we can say, i did it we are entrepreneurs who started it all. With a signature. Legalzoom has helped start over 1 million businesses, turning dreamers into businesowners. And were here to hp start yours. Breakout the violence because the media goes full throttle on government benefits for the 2. 1 billion people the Unemployment Benefits if will run our the next year and food stamps will be cut back. I did not say cut back tax saving the taxpayers cash . Ying to save money. With me now adams says this is a heartless debate. A lo of people who have the jobless benefits over one year they were extended and extended a had extended again the argument for stopping it it is getting long in the tooth . When is the right time . It is impossible to agree when is the right time. I dont want to say this is completely harmless but there is a school of thght that says cut this off in those people always say you have to always cut off a school of thought says there is never a good time. I think while the economy is shakinyou know, wt to tell people. Neil you said it was koweit well. It is improving but that doesnt mean these people all want to be on the dole. Neil looking at food stamps sold Many Americans have Food Assistance that depressionera levels it is 50 . Surely there is a way to finetune this to look at this better without looking like a the heartless sob. You are so right. To create a lifestyle generation we have to cut at so point where will the money keeps coming fm . We cannot keep barley and spending with the personal responsibility. When i grew up iyou took a handoff from the government it was embarrassing now people think it is there right. Wheres your evidence we have created a lifestyle generation . If you include all types of Food Assistance it is a one out of three. Out what point do you think it is too much . Letdvancer. User. Is somebody we are assisting can eat meat segment or eight per week. But they cannot afford to have meet any day per week said w step bid to help them get their protein. Neil maybeethen carve out a niche for the genuinely needy. And so if you want to scale back the programs you look heartless but spending this money you think we are mozambiques. It is not so awful that many genuinely do. There is a lot of abuse and fraud. But it is significant over 2 billion we have to cut that outd stop somewhere. When itomes to unemployment fifth thing that makes me mad as a smallbusiness own this administration wants me to hire eployees but of my business goes under the boys get unemployed the employees get unemployment but i dont for putting myself out there as a smallbusiness owner. Neil is it too big battlefield confident do judge. Every Government Program has waste and fraud. T you dont just want to say be will help people out. Neil wondered why the young people dont sign up for the Health Care Law . Maybe because they looked at the cost and said out of sight. The ocean gets warmer. The peruvian anchovy harvest suffers. It raises the price of fishmeal, catt feed and beef. Bny mellon turns insights like these into powerful invement strategies. For a universityndowment. It funds a marine biologist. Who studies the peruvian anchovy. Invested in the world. Bny meon. Help the gulf when we made recover and learn the gulf, bp from whahappened so we could be a better, safer energy company. I can tell you safety is at the heart of everything we do. Weve added cuttingedge technology, like a new deepwater well cap and a stateoftheart monitoring center, whe experts watch over all drilling activity twentyfourseven. And were sharing what weve learned, so we can all produce energy more safely. Our commitment has never been stronger. Neil here is why a young people a not turned on. It is a ripoff says Current Syracuse University pressor who has been busy crunching numbers for you found interesting things . Id like to it as. Oe upon a time was presidenof an Insurance Company and when i began to hear and read reports of kids just out of colle 18 through 26 cohorts those prov voluntarily bgin to think about the numrs of the true cost. The remarkable thing is this is the healthiest populations, t lowest users of health care and we begin to see stories that peoples premiums are up to a hundred percent. I thought policeman looks. Is a ripoff and the data shows tremendous into generational transfer from older kids to the beneficiaries so i did use the word ripoff because it is unjust and unfair to charge yngsters mother under their parents plan for have to buy i themselves or be fined at these rates. The private system or young peop in general that says we dont care what it was but we know what it is we will pay the penalty and suffer the consequences . Irrational thing is to pay the 95 per year and not take coverage. The answers our rational i would bet the numbers will tell us they are not buying but taking a tough line instead because they are not irrational veils they see first mother is a mandate they will never use a and they know they neveruse a doctor they are extremely healthy and they know that these rates dents into their in, and this is a group of kids you dt have jobs because of general Economic Conditions than they are already dealing with the university that you and i ve never dealt with they are not sure theyre getting a job there not sure when they can buy the first house are with the to start a family. Neil you get a sense it i li a onsizefitsall program that theyre just rolling the dice andthese penaltie will force them into these types of plans are not making a difference . They shouldnt. Kids is smarter than the government gives them credit for. I choose to rationally not by care now live in a car accident or assisted lead the of probable happens with it a horrible case of some disease but then i go by insurance there is no risk. Neil youan get it right then. There is no penalty you could be through a preexisting condition and get it . Like Fire Insurance my house gunfire i will buy it right now. Neil a good analogy. Thank you ve much professor. What if i told you there is a guaranteed failsafe indicator that will predict how this economy will fare in six months . Nothing to do with housing just right now this number does not look good. What that number is. After this. You really love, what would you do . [ woman ] id be a writer. [ man ] id be a baker. [ woman ] i wanna be a pie maker. [ man ] i wanna be ailot. [ woman ] id be an architect. What if told you someone could pay you and what if that person were you . When you think about it, isnt that what retirement should be, paying ourselves to do what we love . 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