>> it's a separation of powers

issue. the constitution gets the power of the purse to the legislative branch, not the executive branch and unless congress explicitly authorizes this distribution of wealth, it's illegal. >> going around without any accountability and open checkbook to places that are listed as the most corrupt place on the planet, we got to secure our border. >> there's going to be a lot more people upset seeing all this give away of our money than people that benefit from the money and support biden in the fall. ♪ stuart: working for a living. third and final hour of this program with great music. lots of traffic on sixth avenue today. what's with that? it's 11:00 and that's eastern time. it's tuesday, april 9. take a look at the markets. i'm afraid we're not going to call it a plunge. it's a sharp move down for the dow industrials. two-thirds of 1% but you're down

250. the nasdaq is down 70, s&p down 30. look at big tech, microsoft down $160 but meta taking it on the chin, down $8, 1.7% at 510. alphabet, google, new high 156 and change. look at treasury's 10-year treasury yield, 4.37% and yield is down slightly. now this. $440 billion is how much the treasury paid out for interest on the debt in the last six months. $412 billion is how much the pentagon paid out in six months for defense. you get the point. more going out in interest than we spend on defense. what's going on? that should make us all think, especially when there are two wars going on. financial journal is have been talking about the debt crisis for decades. we sound like a broken record. and the national debt keeps

going up, we say it's about to explode and nothing happens. the debt keeps going up, lenders keep lending. when you're paying more in interest than for defense, maybe we should start to take notice and understand that perhaps this time we are close to the explosion. by that i mean very sharp rise in interest rates as lenders demand more for the risks they're taking and higher rates leading to recession that leads to bigger deficits and more borrowing. it's not that complicated. another astonishing numb number: 1.064 trillion. that's the deficit. we spent $1 trillion more than we took in just in the last six months. it's not supposed to be like this. the economy has grown at 3% clip, unemployment is very low, there should be a surplus, not a massive deficit. it only gets worse. we can't cut spending, social security and medicare are bleeding ever more read ink touching -- red ink and touching them is like the third round of

politics and politically fatal. my conclusion. it doesn't matter which party or president takes office, we're addicted to debt. the debt bomb explosion is getting closer. that's doom and gloom. let's bring in mike murphy. he's always got a smile and i suspect that he disagree withs me. >> yes, you're wrong, stuart. all the facts are correct. you're accurate. but the debt increased always in this country. to try to pull it out and say if we were cold on our debt for instance tomorrow, that would be a major problem. we're not going to be called on the debt. it's not a pretty picture or great to see higher interest rates pushing them out so much. but what is it -- when you talk about the debt bomb, what will it do to the country? is it going to close bankruptcies? stuart: it'll be a sharp rise of

interest rates and lenders don't want to lend you anymore money. lend more money to the government and interest rates rise. got that? what's wrong with that? there's a sharp rise slowing the economy probably towards recession if not depression and that raises bombing costs all over again. that's the debt bomb explosion. >> interest rates from zero to over 5%. one of the sharpest rises we've ever seen in history. talking about recession, yes, a recession may come? doesn't mean take all your cash and hide from under the bed. it doesn't. from investment, recessions come and go, but people need to look at opportunities to invest and not to try to time the next recession because they're all going to get it wrong. stuart: that segues nicely into my next story.

how should someone pick and choose investments with not a lot of cash on hand. >> start investing today. not six months but start investing. it's the time they're in the market. start investing today. number two, they should not be trading on an active basis because for most people, professionals even, it's tough to trade successfully. so people should create a long term plan and try to figure out how they're going to -- whatever they can invest, they should start investing and they should put that in a low cost etf where they have a large basket of stocks and should watch it every month, every quarter, every year, but history has proven 100% of the time it's proven that if they leave that money there overtime, it's going to compound and increase in value. stuart: any particular focus in

a sector of the companies. finance over discretionary and they're going to beat the market or time the market or they should go into an entire basket like the s&p 500 like an spy so that they don't have to think -- s-p-y and don't think about moving and timing into that and let their question answer rather well. thank you, mike. i want to know what's going on with nvidia because that stock is way down, $31. $839 on nvidia. lauren: their price target is one of the lowest at $620. the analyst argues that major ai chip customers like microsoft and amazon are going to shift a greater amount of their investment towards their own in-house chips and in-house

hardware. if you look at now 839, nvidia is lower than it was the day it unveiled blackwell; right? we were expecting all the new bells and whistles and seemed to be the top for nvidia in the near term. stuart: b barrick gold and the others are all up. lauren: yeah, up 2.5% and gold going to $2500 by this fourth quarter. stuart: got it. moderna, please. lauren: they're leading s&p 500 and sharp increase at 8.5% and personalized cancer vaccine combo trial that showed a benefit in a head and neck cancer study. jeffrey analysts are looking at that data and this is coming into us. and positive comments from the trial that combines moderna experimental vaccine with merck's for treeding head and neck cancer.

stuart: okay, something ludicrous, the cohost of the view thinks climate change is to blame for the eclipse. cicadas and earthquake in the northeast. roll tape. >> all those things together, what maybe lead one to believe that either climate change exists or something is really going on. >> that's great at the mercy of climate change. it's on the ground. can't happen. >> it happens and the eclipse, they've known about the eclipse coming and they happen and they can say when these things are going to happen. >> i read online that the earthquake epicenter was actually at bedminster in new jersey. fun fact it originated with trump. >> can you believe that? can you really believe that? stuart: i find is astonishing. who better to offer some comment on this than jimmy failla. >> there's our guy. she gave us a fun fact about the earthquake and eclipse, it's the

10 million thing to come in to our country from mexico under joe bind. a lot don't know because it's the 10 million thing to make it in. the viewers are well-dressed therapy session at this point. we know that. it's an insane asylum with hair and makeup. you watch it and oftentimes they say something absurd and eclipse caused by climate change. there's usually an applaud for stupid things like that. people just show up. i kind of find it funny because i'm good for like three minutes of the view a day like affirmation. you watch it and go oh, at least i didn't nominate joe biden to be the surgeon general as whoopie did on the view. stuart: whoopie goldburg gnome nated -- >> there's a famous clip and watch it on my show clip and whoopie going i think dr. jill would be a great surgeon general and she's an excellent doctor. the crowd clapped and someone

goes she's not an actual doctor and whop whoopie goes, oh, i must be wrong. stuart: when will democrats kick biden to the curb? >> may. >> i think he's got till may. >> no way. >> i feel like around may they're going to pull him. >> no way and newsom comes? >> he's got health problems and then newsom comes in and newsom has his support and kamala will be like i don't want to be president. i'm cool with being vice president. stuart: okay. jimmy. >> i like joe rogan. stuart: out in may and newsom comes in. >> it's important to note they smoke about a yard of weed per hour on that show. shocking as it sounds to people watching biden on the data day basis, i think he's in it for the long run now because we saw obama show up to that fundraiser and clinton show up. they raised $25 million all though that number is vague because bill clinton wanted to get paid in singles, but when you look at star paratha they

threw behind him, that to me is a sign that he's sticking around because i think what makes him unpopular to us is what makes him popular to dc bureaucrats and when you have a traditional senior president there's a lot less say and biden is not calling the shots and as much as we hate that, dc likes that. stuart: jimmy, you're really good and i'll be watching you. i'll make sure. >> promises are promises. >> at 10:00, you ain't watching. set the dvr. just turn it on. don't need to watch. stuart: if i knew how to set a dvr, my son, i would. jimmy, you're all right. thank you indeed. california could soon give workers the right not to be contacted by their bosses during their how far hours. we'll ask the editor of the california globe katie grimes where she stands on that. not backing down on delivering student loan handouts and vote buy asking plain and simple. does senator mike braun agree in

the senator is next. ♪

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stuart: edward lawrence at the white house. any idea what the president is going to say today? reporter: it's healthcare worker appreciation month and the president is going to be pushing parts of the budget likes expanded child care tax credit as well as free preschool he wants to put in there. the president trying to re-message the economy and pull

up the poll numbers and look at inflation over the past three months, it's been increases and in the latest jobs report, you peel away and see the number of full-time j jobs in the united states shrank and increased 691,000 in that time and the number of multiple job holders up 271,000 partly because part-time jobs don't always pay the bills and that's the data. here's what we hear. vascularized we need more qualified people doing in work, to bring back manufacturing, back to america. to build new factories in your communities, and i'm investing in the american agenda and create millions of jobs over the next decade. we're already creating over 15 million new jobs. >> talk about manufacturing jobs and the last jobs report, u.s.

created zero manufacturing jobs last month. in february the economy lost 10,000 manufacturing jobs and president biden signed now $7 trillion in spending into law anded aing more to the student loan forgiveness debt plan he has. >> this massive deficit spending driving up inflation and holding biden administration worth 84-cents on the dollar and that's why young people ante-can't afford a home. >> folk, i'll never delivering student loan debt and it's only

against americans we do it. again, it's for the good of the economy. it's growing stronger and strong. stuart: senator mike braun from the great state of indiana. mr. senator, i call this vote buying, but politically, it might work, it might bring in votes. what say you? >> well, stu, he's underwater with young people, hispanics, blacks and all the folks that have generally gone for maybe some of the stuff. most people know that if it's forgiven, it just doesn't go into the yeter. you're borrowing the money to pay off the debts and we've been doing it as default as the federal government and we're bond every six months and it's the same old same old and try to get government involved and

what's grown in the economy is government jobs disproportionately and maybe some of the industries they've picked as winners but broadly i still keep track of it. the is not doing as well as they think. and comes to staffing it, we probably need to put more emphasis on career and technical education in the underlying issue own high debt and college costs too much. stuart: there's an argument on the set about the debt bomb. i think it's getting closer to explosion of the debt bomb without paying out more in interest than spending on defense. i say we're getting closer to the education motion. what say you? >> well, i come from the world where you have to balance your budgets, ran a budget for 37 years, live in a state that does it. medicare trust fund is completely broken four years and social security in nine years and you've cited earlier, we're

paying as much on interest as we are defense. in the real world, you go through chapter 11, stu. this place is headed to that soon and the numbers won't go away and blame on the political enterprisers, both height of the aisle have been guilty on it and the democrats live it and it's a growth procedure in one. one. stuart: the top banker jamie dimon criticized efforts to halt or pull back liquefied natural gas expoports and politically motivated and enormously naive. you'd agree with that? >> yes, the green new deal and listening to woke activists that have no practical underring of even if you want that, the cleanest lease expansive fuel in the long run, why would you

hamstring your energy industry, which biden did from day one when he got here. that's put the wet blanket on them producing more and that's why stuart: mr. gnat torr, thanks for joining us and hope to see you again real soon. >> thank you. >> yes, sir. stuart: a new poll how unsuccessful biden's ev push has been. ashley, how many people are seriously considering buying an ev for the next car? ashley: 9% of respondents are considering buying an ev and the market for electric vehicles remains fairly limited with about one in six americans

currently owning one or seriously considering buying one. 63% of those aged 65 and up said nope, no way they wouldn't buy an ev. polipolitics is a factor too an% of democrats would own or buy an electric vehicle and 69% of republicans say no thank you very much. none of this of course bodes well for biden's ambitious of ensuring 50% of all u.s. car sales are that means 39% do not. stuart: dow is down 200 and dow down 215, 220 and nasdaq down 50

ask s&p down 23. show me boeing, please, would you believe deliver dropped by half in march due to increased quality checks after the door plug blew out and delivered only 29 planes in march and only 38 planes in the first three months of the year. boeing's down to 181. coming up, one space tourism company is touting the fact that it uses space balloons, not rockets to create transformative space rockets. how that's done. a budget deficit of 73 billion and gavin newsom helped create the problem. he wants to be the president. we'll take it on, next. ♪

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power your life with generac. call or go online to request your free quote today. stuart: the market shows red ink, especially the down, down 214 points and smaller loss for nasdaq and s&p, they're down. mike murphy brought stock picks and starting with arm holdings or a-r-m holdings?

>> i call it arm holdings so we'll go with that. it's a recent ipo that came out hot and ai chip play similar to nvidia and ran up to 175 and here it is today. news of a deal with google, the stock spiked at open and sold off today. nvidia is an investor and taken their own money and invested in the company and that tells me they have google backing them and nvidia backing them and they're here to stay for the long term. looking to get into ai space and think nvidia stock might be too expensive still, this is one to look at. lauren: and design for microsoft and amazon, just saying. stuart: thank you, lauren. backing up his stock pick. very good, very good. star bubs is next. what's on that? >> just coffee in this country is bigger than ever and management here is quite woke and happy to announce they are and the stock is down 10%

year-to-date, down almost 20% in the past year, but i think here in the mid 80s, it's starting to get oversold and now starbucks company as a whole under $100 billion market cap. here maybe it's oversold and looking for a bounce. stuart: invest in any coffee company or in the past? >> we have in the past but not currently. stuart: did you do well? >> we did okay. but i think the market as a whole is huge in the country and getting bigger. stuart: got t thank you, mike. governor of wisconsin verne toed a bill that would have let more teenagers go to work. lauren: nothing's wrong but he doesn't want employers exploiting kids and allowing 14 and 15 year-olds to work without parent consent or state permit. that permit costs $10 and red tape and republicans want to eliminate the red tape and get more people working. evers says no, asking kids to

work in this way is not a serious solution and republicans don't have the votes to override the veto. stuart: what a shame. what's wrong with getting youngsters to get out and work. lauren: on the flip side, what's wrong with getting parent's permission. i want to know where they're working. stuart: it's the permits. when my daughter at 14 or 15 wanted to work at bakery, you ho go to three or four different places to get permission. lauren: really? >> stuart: it's new jersey. stuart: katie, where do you stand and why? >> hi, stuart. this is clearly a bill in search of a problem. we don't have a problem with employees not being able to work or have private time. all you have to do is shutoff

your phone if it's really that big of a problem. this is another example of california legislature making rules that they can't even love i live up to themselves. they're very, very well known for keeping their employees on a very short leash, morning, noon and night and late into the night. >> this is not a problem eastern weir all connected to this in a way. stuart: gavin newsom is the governor of california and has till june to close the $73 billion deficit. any idea how he'll do that? $73 billion deficit growing and what's so interesting about this

also is that this is the governor that took in billions and billions of covid money during the covid lockdowns and instead created all kinds of new programs and sent it off to ngos and nonprofits rather than using it for californians, existing programs to help the people who needed it the most. as well as hopefully address the homeless problem we have on the streets. >> this is a upward mobility party state and we've been there for quite awhile and he does not have any challenges in our state and i do think if you saw him on the national stage since he's never really been challenged before, that way it would be a whole different ball game. i don't think he'd show up

nationally at all. stuart: in my lifetime, give me five or ten years we'd see a republican elected to state office in california? >> stranger things have happened. stuart: great to see you, come back soon. >> thank you, stuart. stuart: sure thing. ethics document labeling gender surgery as practices that reject human gender surgeries. jonathan morris on that. a company taking people to the edge of space complete will wifi and a full bar. the ceo and founder of space perspective is here to tell us when you can start booking flights and how much it's going to cost you. that's next. ♪

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stuart: space perspective is developing a high-tech space balloon with no rockets, no uncomfortable g-forces or training required. jane pointa is the founder and ceo of space per spect and i have here in new york with me now. first off, how much does a ticket cost to get to the edge of space? >> $125,000 per ticket and much less than anything else thinking it costs $55 million to get to international space station. stuart: how many tickets have you sold? >> 1750 districts plus.

that's 200 million in backlog. there's a huge market here. it's enormous. stuart: you're taking people to the edge of space. >> yeah, the balloon goes to -- the balloon goes to space at 12 miles an hour so it's incredibly gentle. so there's a bar on board, there's a lou on board. stuart: that's a bathroom for americans. >> exactly. stuart: and champagne toast when you get there? >> of course. and space astronomy as well. we. stuart: there's no crew on board. >> there is crew on board. we have each flight is approximately six hours long, the initial flight and takes you about two hours to go up, two hours at the top, two hours down for eight customers and then of course there's a captain on board. the vehicle flies itself, it's flown from our mission control as well and then of course there's the campaign who's real job is to make sure you're having an amazing time during this extraordinary flight, which by the way every astronaut has

ever said it's the most incredibly experience of seeing our planet. stuart: have you had a test flight yet? >> yes, we actually have flown on a lot of balloons. stuart: did you go on it? >> not yet. stuart: why? >> because we're not flying people yet. we're going to be flying people soon. we're about to do a very soon, wash out, in this -- watch out, in this space here and flying our capsule spaceship neptune and full capsule without people and crew initially. several flights on crude and then crewed flights and then commercial flights next year. stuart: why say this is untapped market or unsupplied market. nobody else is doing this? >> exactly. there's very few people doing it. look, it's a huge demand. this is a look at eclipse and the typings that got and enormous and people are fascinated by this and think back to beginning of aviation.

like over 100 years ago, very few people were doing it. very first commercial flight was over in florida and can't live without it. we're at that same place in the space travel market and it's ibram credible for us at a business to be at this inflection point, 650 people, that's it. that's all that's ever been to space, and we're going to do more than that in our first year of operations. stuart: space perspective founder, that's you, co-ceo. >> i'm cofounder as well with my co-ceo, yes. stuart: so happens that mike murphy is with us and he's a capitalist shall we say and would you buy that company? >> i would love to invest alongside them. i wouldn't be able to run it myself, but i would love to hear more about this. we think space -- we have a fund that's dedicated to things like space travel, space mining, space acquisitions and i would love to hear more about this and congratulations on what you've built so far.

i think you're right in that the market is completely untapped. >> the market is completely untapped and our lead investor is deep tech investor and prime movers lab. obviously would love to talk with you about this because this is one of the remaining markets within the space ecosystem -- susan: see what we've done for you. >> found us an investor as well. stuart: that was intriguing and thank you very much for being on the show. come back soon. >> thanks for having us. stuart: good stuff. back to the market, please. i want to look at going and will it's just -- well, not the market in particular but google released top summer travel destinations, ashley, break it down. who's number one? ashley: it's not space yet and people are traveling between june 1 and august 31st and in reverse order just to build a bit of attention. at number 10, athens greece;

number 9 is cool seattle then las vegas, orlando at no. 7, fun in the sun cancun in mexico comes in sixth, get to the top five, new york city not number one, cops in at five, if that's too close to home, rome, italy coming in fourth as you can see and going down the list. no. 3 tokyo, japan. runner up paris, trans, which is home to the summer olympics this year july and august but the winner, good old london, england, more potential travelers search for that area than any other city. there you have it. stu. stuart: one of these days i'm going to go back to england, back to london. i've not been there in 25 years. pope francis called gender affirming surgery a violation on

human dig anytism i'll have -- dignity. i'll ask jonathan morris if he agree withs that . jonathan is next. ♪

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stuart: calling transgender surgery grave threat to humans. >> the vatican's document on human dignity calls gender changes surgery a greater violation of god's gift along with a host of other things like abortion and surrogate motherhood. the vault can releasing this document to the press on monday and in it pope francis clarifies his theological position that life is a gift from god, but that there are negative influences impacting morality and culture on gender theory, francis said we cannot separate the masculine and feminine from god's work of creation and not naming transgenderrism specifically, it calls out surgical procedure of changing

one's sex saying any sex change intervention as a rule threatens the unique dignity the person received from the moment of conception and desiring a personal determination of gender theory amounts to incarcerated-old temptation to make one easeful god. lgbt advocates blasted the document saying it shows the authors did not listen intently to the lived experience of people who have discovered often after painful and torturous journeys, it's cre created witha gender identity beyond expectations and physical appearance. advocates warn it could fuel violence and discrimination against trans people. stuart: thank you very much indeed, lauren. very interesting material coming out of vatican.

>> pope francis says gender, sexuality, masculinity, femininity is so much an integral part of who we are issue the gift that we are according to the pope that changing that goes against the i did any ty of the human person. when you start deciding that you can change and become whatever you want, we're really saying the gift of god is not worth anything. from my time in public ministry to families and young children are coming, preteens even and coming and saying -- this happened to me on several occasions parents bringing children saying what do i do. this person, my child, learned at school from somebody else they could choose whether

they're male or female and some of them wanting to begin at a very early age to change gender and pope francis is saying that goes against the i didnity of the human person. stuart: the pope offered blessings to gay people. >> yeah, he was super clear in the document that sexual preference or sexual orientation has nothing to do with how people should be respected. so if somebody has same sex orientation or attraction, that does not give anyone right to have violence against that person or to be discriminatory against that person but a very different thin is when the theory that you can choose your gender and have surgery to make yourself someone that god didn't make you is wrong. goes against the human dignity of the person. stuart: laurened pointed out crit ibrams in the chump suggest this could lead to violents

against lgbtq person. >> whoever said the pope wrote this therefore i'm inspired to go do violence to someone. i don't understand that argument. it's knot nonsense criminal. nonsensical and there's been violence against lgbtq people in the past and currently and that has that should be rejected and pope francis rejects that in the document and nobody should be an object of violence because of their sexual orientation. stuart: generally speaking within the catholic church, has the pope's statement had a positive impact, has it be well received in >> a lot of people have tuned out pope francis on both sides. stuart: why? >> i think he's done a terrible job at communicating. a terrible job. he had unbelievable support at the beginning of his -- beginning of his pontiff and he created a lack of understanding and appreciation for the church's teaching and a lot of

people said i don't understand him. i'm very happy he did take this topic on, but he has been very vague and has been a very bad communicator at least with the people around him. stuart: goodies cushion. lauren, jonathan, thank you very much for joining us. we appreciate it. come again soon. it's a difficult segway and the tuesday trivia question. going from that to this. okay. how wide is the men's soccer net in the fifa world cup? 18, 20, 22 or 24 feet? i believe i know the answer. i hope i don't get it wrong. the true answer when we come back. ♪ ..

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see how relief factor can help you feel better every day. call or go online to try it for yourself and get our 3-week quickstart for just $19.95. my wife making me take relief factor literally changed my life. stuart: we asked how wide is the men app soccer net in the fifa world cup? we ask ashley, but today, we go first on lauren, is the net 18, 20, 24 feet wide? lauren: it is 22 feet wide. stuart: weight, murphy. >> mont to copy ash. i will go stick with lauren,

number 2, twenty feet. stuart: what is it? ashley: i think it is 24 feet. stuart: you are correct. i agree with you. >> 24 feet. stuart: the net is also 8 feet tall, the crossbar is 8 feet and the goalie's box on the pitch is 36 feet wide and 18 feet long. do you know during the world cup in the 1990s americans tried to change the rules, they want to four quarters to say in commercials -- >> it is sacrilege. stuart: thanks for taking part. we will see you tomorrow. coast-to-coast starts now. neil: forget stocks. all the glitter for now is gold