>> male announcer: book now, save up to 65%. call 1-800-sandals. a look at our top stories, libyan are celebrates after news that saif is in custody. libya's national transition council released this photo of safe. revolutionary fighters say he was captured after a fire fight in the libyan desert. he is wanted for crimes against humanity. in the 2:00 eastern hour, more of my face to face conversation with actor isaiah washington, he recounts the day of the slur that altered his career and how he has since recovered. time for your money.

less than one year until the presidential election, where is the u.s. economy headed? i'm christine romans. less than half of americans believe things will be going well in this country one year from today. even that faint hope appears ton on decline. the number of americans thinking things will get better has been steady dropping. no surprise as unemployment remains high and housing prices are not recovery and there's fear of another global recession. alexus glick, experienced on wall street and covering and will cain is the cnn contributor, cloudy with a chance of rain has been your forecast. anything to part the clouds? >> i don't think anything will part the clouds until europe clears up, which might be a while. we're in for stable slow growth but there's more risk.

>> it became more difficult and expensive for spain to bore rerow money. there's potentially a funding problem in europe. explain why that is so important? >> europe is a quarter of global economy. european banks are interlocked with our banks. we want them to fix this. but i wonder, they might need a new constitution before this is over and do they have the political wherewithal to get a new constitution? >> you think we had political problems on debt in this country. >> at least we have a constitution that's pretty darn good. they don't. >> europe is a big driving force here. >> iis a big driving force and more head winds in an already challenging economy will make 2012 as unpredictable as possible. if you look at the united states, 11 million homes upsidedown, they owe more on the mortgage. unemployment, look at

unemployment, 14 million people out of work, that's not getting any better and there's nothing to show us in terms of the road map going forward to signal that that's going to get any better. how about the 17.5 million children in this country who do not know where they are going to get their next meal. you stack this us with what's going on in the global economy and things look pretty ugly. >> i want to show you two cnn orc polls. the first shows just 35% of the americans approve of the way the president is handling the economy. the economy will be the biggest hurdle next november. perhaps that's the first time that romney now tops obama. will, as a conservative, are you ready to pop the cham pain? >> certainly it is bad for an incoming president, should mitt romney become president, the big question is so what. the second thing alexis talked

about unemployment, we didn't talk about debt. everything from the american homeowners or world economy is overleveraged on debt. you have to grow out of debt. one of the ways you do that is through tax reform, getting rid of loopholes. and interesting the one republican candidate who voiced no interest in that is mitt romney. >> simplifying the tax code. we don't have a simple political process at the moment right now. how realistic is it simplifying the tax code and starting to fix our debt problems and our tax problems that way? >> we can pray. what will said is absolutely right. that is the ticket. we need more revenue but we need to grow. we need incentives for people to produce and grow, the only way to square the circle but they are politically paralyzed. >> which we have a debt conversation or growth conversation at the same time?

>> you need to have a conversation at a same time. when you look at past recessions, the savings rate in this country has gone to double digits, some of what we're experiencing today, deleveraging, savings rate increasing, that's crucial. we cannot sit here and say that going forward this economy is going to be 100% dependent on two-thirds of the economy consistently spending, spending spending. it's not the future. >> have you been watching tv, alexis? >> i know. >> and the retail machine is getting people to spend money again. >> how to put more money in your paycheck so you can go out and spend. we saw it during the bush era. these are not the solutions. >> these are the structural imbalances that led to the crisis. when you look at china and europe and the u.s., we're in the same position we were in the same totally unbalanced world.

>> you are. the u.s. is borrowing from china. united states consumers saving a little bit more but still tons of debt, government is in tons of debt. looking forward, absolutely, we have to do something about that. but that's where it comes. you've got to do something. you can't live the way you're living. if you don't want it to get worse, you have to do something about it. >> when you get close to the renext election, you can't do anything about it until you're past the next election and it goes on forever. >> the reason i'm focusing on it the things alexis just said, the increased savings rate are good things. you know what, the government has limited tools, but tax reform is one of the things they could actually do to encourage growth. will they? you're being a realist christine and the answer is probably no. >> but don't you think we have had multiple opportunities this year, particularly what we're facing down here with this

deadline and this super committee, we could show the rest of the world that we're not republicans and democrats, standing for just entitlements or standing tore just no to raising taxes, aren't we americans at the end of the day. this whole process infuriates me because we have an opportunity to lead the way, to show a little leadership and to right the ship and yet in both cases we're down to the drop dead last second to do something about it. >> let's say that. i want to talk more about the super committee when we come back and something the president said. he used the words americans and lazy in the same sentence. what did he mean by that? we'll get into that next too on "your money." [ indistinct talking on radio ] [ tires screech ]

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president obama says when it comes to selling america, we've gotten lazy. >> a lot of things that make foreign investors sees ut u.s. a a great opportunity, our stability and innovative free market culture, but we've been a little bit lazy over the last couple of decades. we've kind of taken for granted people will want to come here. we aren't out there hungry selling america. >> what do you think the president meant by that. >> the asian countries are hungry. and there's no question they work longer hours, they are very driven been very successful. he's acknowledging that. clearly america is a pretty dynamic economy and they are trying to be like this. he's acknowledging facts on the ground. >> they are taking world we revicinitied and doing it in their own way and in some cases doing it better. >> you think in america

immigrant work harder, some places like nations are doing better compared to us. >> mitt romney says the americans are lazy, come on -- this is -- >> let's be realistic it is not the aha moment this president is un-american and it shouldn't be dismissed. it's a little revealing about his view of america. who is he talking about when he says we? if he says the government has been lazy, he has a misguided role of what the government has in economy. it's not clear leader in chief. if he's talking about the american business and entrepreneurs and indicting them as lays zy, that's the one characteristic that has made america exceptional. >> it's okay that it's been said, but i think when you look and see the development that's going on across the globe, infrastructure development, our roads are crumbling.

look at what's happening in the united states. we've done nothing to upgrade our own infrastructure. you see the evolution and changes that started in the united states happening abroad. the thing i worry about, particularly when you look at unemployment insurance and extending claims, extending claims and extending claims, i understand why we're doing it. but are we incentivizing folks to get out there and aggressively pursue, or is this making us step back because we expect the entitlements will be there to protect us. >> we'll talk about this more later in the program. in normal bad times, that is a real worry, but these aren't normal bad times, are they? >> they are not. i'm pretty sympathetic extending the unemployment in terms of temporarily. >> you don't think it's causing people not to go out and invent something because they are getting a jobless check. >> i think it makes a difference. a lot of people use up the

benefits if you change it from 26 to 52 weeks. on the other hand it's very tough right now and the economy is not fair in a lot of ways. i think we have a revolution if they don't do something like that so we need to do that. on the other hand that won't get us out of it. >> do you think occupy wall street is that revolution, some sort of revolution like that? >> if i could figure out what it stood for. >> the revolution that stands for the 99% but i'm not sure the message is clear. you and i have gone back and forth. >> it is either about corruption and inequality as a result of crime and corruption or inequality as a broader standard. if it's about unequality, if that happens, i think it's the first time it would have ever happened in americatic society on pt history of earth. >> the latest hopes depend on

this so-called super committee of six democrats and six republicans, but according to peter, the republicans are the big problem. >> they signed an oath in blood to never raise revenues. you cannot solve the debt problem without revenues, eliminate the entire government except for entitlement programs, you still have a deficit. if you can't engage in that decision, it's pathetic. >> those are two pathetics, will. is it time for republicans to drop the notion -- >> the super committee is pathetic. it evolved into the conversation for three or four years, it appears we'redy verging on the extension of the bush tax cuts. have we not heard that song over and over and we're resorting to accounting trickery. we can go with more tax reven revenues, but follow the advice

of those smarter than me -- >> they are like a mini me of congress who couldn't do it in the first place. this is exactly what we feared, you would be down to the wire and passing notes to each other not even in the same room anymore. >> this to me as someone who spent a decade on wall street is absolutely outrageous. the fact that the s&p downgraded our debt, that we were given so many warning signs, what are we going to do when we wake up next friday morning and fitch or moody's decides to downgrade our debt because we couldn't get our act together. we signed a $787 billion stimulus bill and we cannot agree on reductions of $150 billion a year? i mean, you look at the defense budget, this makes me crazy, i'm sorry. the defense budget has doubled over the past decade and we're arguing about what impact this is going to have on the defense

budget? it's doubled its $700 billion. i'm sorry, go ahead. >> early on, they did seem very energized and were passing notes among each other and it seemed they would at least strike a deal among themselves and if they couldn't sell it, they couldn't sell it. even that seems to be collapsing at this point. you never know last minute but it doesn't look good. >> the rest of the world is watching us to make sure we're not doing it the last minute, the bear minimum, right? >> but they'll lend us money for nothing. >> that's -- >> because we're less bad than anybody else, as long as we're less bad, we're still the best -- >> we set the tone as well. we can't sit here and talk about what's going on in italy and what's going on in greece and going on in spain and not be taking care of what's going on in our backyard. >> nice to see you guys and you're absolutely right. one presidential candidate is calling the super committee the dumbest idea he's ever heard. we'll tell you who that is and what could happen if the super

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the super committee has until the middle of the week to propose a plan to cut the budget or they risk setting off unpopular automatic spending cut. newt gingrich gave his opinion of the super committee this week. >> the way i characterize it, it's as though somebody walked in and said, i'm under instructions to shoot you in the head unless you let me cut off your leg. that's what the super committee ssh -- read the story, horrible things will happen. >> he also said the super committee is the dumbest idea he's seen in a lifetime. any chance the super committee will prove newt gingrich wrong? >> well, he can characterize it as dumb as he wants. i don't thing a slew of bad things will happen, if the super committee fails to come up with

a plan, people have said we could get downgraded or a slew of automatic cuts, none of those things may happen. here's why. markets had no expectations that could be considered positive for this committee. they won't be surprised. there may be some volatility in the near term. ratings agencies like moodies came out and said we're going to wait and see what you do by 2013 essentially. and in terms of the spending cuts, congress literally has 13 months to reverse its decision. >> they have a little back door. . it's interesting that on wall street's past performance, they know the past performance of washington that's giving them a hint of how things might go. gloria borger, the american public too, pessimistic about the super committee, 78% say it's unlikely the super committee will agree on a deficit plan by november 23rd. that's according to a recent cnn orc poll.

when asked who would be responsible if they didn't come up with a plan? 42% blame the republicans, 32% say they blame democrats. gloria, is it an example of president obama winning with his message that republicans are standing in the way of progress? washington? >> i think they all lose. what shred of credibility they have and don't forget this is a congress with a 9% approval rating. whatever shred of credibility they have will be lost if they do nothing. people are getting increasingly pessimistic about it. they already kick the can down the road in the debt ceiling agreement that led to this. and now they could get the can down the road again or try and do something through a back door as jeanne points out. overall, what does that do to congress? it says that, you know what, they can't even agree on $1.2 trillion. they are going to have to have

automatic cuts that do their jobs for them and oh, by the way, republicans like john mccain may try and undo some of those pentagon cuts. so i think it's another big mess and it will be received by the public that way. >> someone who's been warning of a big mess for a long time is david walker, the ceo of the come back america initiative. i want to show you a chart that was in the "washington post" that got our attention about how we got here. i want you to look at this. if you look at the top part of this chart, that orange and yellow, the yellow is the bush era tax cuts, that's how much of our national debt, the debt held by the public is from the tax cuts. then you can see wars in there and the economic downturn, you can see t.a.r.p., and fannie and freddie is the light blue and the gray is our debt. you've seen this coming for years, begging americans to take deficit reduction seriously long

before it was a hot topic. what are these three things telling you about the priorities for the super committee? >> i never believed the super committee was going to go big, although we need for them to. it's not set up for success, four people voted against simpson bowles. i'm still cautiously optimistic that they will reach a deal. what they need to do is recognize that the big deal, meaning tax reform that will raise revenues and meaningful insurance reforms that significantly reduce spending will not come until after the election. they ought to recommend having a second round of recommendations with no amendments up or down vote in 2013. that's when the big deal will be done. if you don't reach $1.2 trillion on this, every member of the super committee and every member of leadership should be punished

by the american people because they are incompetent. >> i'm going to tell you, i think we all agree. these were the 12 people that were supposed to disstill down and get this done and there was a big concern it would be a mini me and all of the same petty reasons, took us to the brink before, would be here again. gloria, there are a minmy me of congress. >> sure. as david points out, you know, the closer you get to an election, the less chance there is that anything substantive will get done, period. that's the rule of congress. because people are afraid of taking a politically dangerous votes, whether it's on taxes or whether it's on entitlement cuts. so what they'll do is they'll kick it down the road again. and you know, it's just -- we're in this process where there just doesn't seem to be a pal atable

end for anyone. by the way barack obama will then go out and run against the do-nothing congress, that includes democrats and republicans. >> i want to show you another picture out of the wall street journal. this chart shows you the bush tax cuts and how they would add to -- they would add to the budget going out to 2021 if allowed to stay there. defense spending, take a look at that. look at defense spending, both the magnitude and size of how it adds to our bills. take a look at medicare spending. we have a super committee right now that is deadlocked really on the issue of bush tax cuts but we also have entitlement spending and defense spending that are also in magnitude growing. jeanne, everything has to be addressed. >> and you know what, they have to deal with bush tax cuts by november of next year because they expire december 31st. it could be that the lame duck

congress after the presidential election, depending i guess on who wins that election, may be able to make the final decision about the bush tax cuts in the context of deficit reduction. this is a conversation we'll be having all next year, even though i agree with gloria that an election year -- >> if barack obama wins, he's already on the record saying that he would veto any attempt to extend the bush tax cuts. >> we'll ask david walker when we come back in two minutes because we have bills to pay here too. don't go away. i'm kind of a fixture in different parts of town... some folks call me a rock star, some call me the mayor... and i love it. and, i make everybody happy. i keep my business insurance with the hartford because... they came through for me once, and i know they've got my back. for whatever challenges come your way...

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defense and medicare, the tax cuts are the red and defense spending is the yellow and medicare spending is the blue. i mean, we've really dug ourselves into a hole. >> we have, but let's be honest, it's the bush obama tax cuts because president obama signed an extension. if you extend the tax cuts, that makes the deficit worse not better. if you don't up cracking down on medicare spending it makes it worse, not better. if you extend unemployment benefits, it makes it worse, not better. ultimately what we'll have to do is reimpose tough budget controls and reform social security medicare/medicaid and reduce defense and other spending and engage in comprehensive tax reform that will generate more revenues. we will have to do all of that. and it must be done before the markets cause a debt crisis in the united states. and that could happen here within the next two to three years. >> i'm pretty sure the only

thing they can really agree on, maybe the kind of pizza to order if they are talking about the debt committee -- although jeanne, i talked to chris van holen, i don't think they are in the same room anymore. this is getting -- it's getting down to the wire and i think they pretend as they are hopeful they'll get a decision but i don't think they'll get anything. >> i'm no not in washington but i'm not hearing anything they going to be close to a deal. you had pat toomey on american morning and they didn't show up together, they showed up separately. they have to start standing shoulder to shoulder and delivering the message, otherwise you'll get talking points. what's frustrating about covering this, we have nothing to fact check. we have everybody's word, this is what the democrats propose and republican s propose, we her from aides but don't get all of the details. >> what we're seeing though and i hope david walker is right in being optimistic, but what we're

seeing is people already trying to rationalize failure which is the democrats sently saying, you know, it's better to have these cuts take effect in a year in 2013 because they actually -- we protected the poor in the cuts here and defense spending will take a big hit and the republicans saying, you know what, we can get our national security credibility back by trying to restore the defense cuts because we've got to protect our troops, et cetera. they are already taking their post failure of the commission political but what's the point of like the gill teen, which is what they are supposed to be sitting there -- if they can undo it for themselves -- gloria, that drives me crazy. >> if my children behaved like this, give them a time-out. we cut a deal, you've got to do this. if you don't do what you promised you would do, you're

going to get punished and then comes an election. >> two things, they need to understand if congress did nothing, takes a ten-year vacation, then we have a deficit of $3.4 trillion over the next ten years, they've got to have the right benchmark. let me tell you why you won't get a big deal now. neither simpson boels nor the super committee has done zip outside of washington's beltsway to engage the american people with the facts and truth and tough choices and help them understanding what's happening in europe can happen here. this is america's future. this is the future of our families, this is the future domestic tranquillity in our streets. where's the president? hawaii. >> he's sitting back because he can blame congress, he's not getting in the middle of this. >> he's the ceo of the united states of america. >> jeanne, last comment.

>> i think i'm a little less negative in terms of pro inspects, i think the lame duck congress won't get in an agreement to spending and david is right. the u.s. still has time relative to italy and other countries completely under the hammer right now. i'll remain mildly optimistic. >> everyone wants us to hold their money, for sure. you look at bond yields, we're the least terrible place to invest your money. >> that can change very quickly. >> you are right. >> gloria borger, thanks so much. why some say extending unemployment benefits could hurt efforts to get americans back to work. that's next on "your money." this is $100,000.

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there's the headline, unemployment crisis and the brutal numbers to back up it up. the unemployed can expect to be out of work for nine months but benefits are available up to 99

weeks, that's up to two years casey mulligan is a professor at the university of chicago. the length of unemployment is hitting a record but the length of unemployment benefits also hitting a record. you hear a lot of people say there's a reason for that. as long as you keep giving out unemployment checks, people will continue to take them. >> yeah, some people will continue to take them, that's for sure. we've got to remember, there's still about 140 million people working this week. but that's right. there's several million people who are collecting unemployment because they are not working. >> but there is this feeling, and bob i want to bring you in on this, the unemployment check, the actual unemployment check is making people stay home and not get a job. you say there aren't enough jobs for everyone. >> there is some research that shows that there is a modest effect on the job search.

so there's a small percentage of people who might take a job, if they were not on unemployment. but it's very modest from everything that i've read and interviewed about. the important thing is that the unemployment check is a lifeline to so many individuals and families. it helps people meet the mortgagor pay the rent. in some cases it's actually necessary to put food on the table. you have to weigh the cost and the benefits there. and i think i would come down very solidly on the idea of we have to continue these unemployment benefits and not just unemployment benefits but the extended unemployment benefits. >> you think it's time -- 99 weeks is too much? >> 99 weeks is too much. let's not forget that unemployment benefits are not the only part of the safety net and not the only part of the safety net that has gotten more generous over time. they have food stamps, you have medicaid, you have mortgage forgiveness. there's a whole bunch of

programs that have led to a much larger safety net than we ever had in 2006 or 2007. going back to those good old days, safe net wise would still give them support but also give them a reason to get back to work. >> you could argue why you have a bigger safety net, we have an economy than is worse than 2006. >> that's true. >> we do have people riding the streets and that happened this week with occupy wall street. i want to read a letter from a viewer who is an executive recruiter in san francisco and she heard me on this very program say something to the effect of one of reasons why people aren't just going out there and getting a job, instead of going out on occupy wall street because there aren't enough jobs for people. she wrote to me, quote, she's an executive recruiter. people love unemployment checks. as long as they flow, people will remain out of work. she says the media and the left wing people are acting like there are no jobs.

what a falsehood. there are jobs. bob, what do you say to a recruiter and people like this telling us there's not a jobs crisis. >> i've gone all over talking to people doing research for my book who are unemployed and families struggling and i have to tell you, there's no one that i've encountered who is not desperate, who is unemployed but not desperate for work. they are out there. it makes people crazy, there's a psychological impact and obvious economic impact. even in our daily lives, the people we know, there's hardly anyone that you can think of who would prefer to be unemployed rather than actually have a job. >> you -- we were talking about -- i said the safety net is bigger now because the economy is a lot worse now than in 2006. you said no, you were disputing that. tell me why. >> well, if -- i agree that if we had the unemployment systems say that we had in 2006, that

that system would be spending more money today because of unemployment. i agree with that. but what's also happened is we changed the 26 weeks into 70 weeks or 99 weeks. and that's a change in the rules, making it more generous. not just a program that has to deal with more people but a program that is expanded its ininclusion and included more people. that's true across the board in safety nets. >> the long-term unemployment issue is at its record. we have more people out of work for so much longer and even the fed chief and others said all of these folks out of work for six months, the game has changed for them. do you agree for them, once they've been out of workforce for six months, it's so much more difficult to get back in. do they need that cushion? >> definitely the cushion is something that's good for them, it's good for them. the question is whether it's good for our economy and good for our taxpayers and how do you balance those things. as i said, i'm in favor of a

safety net but not one who has gotten so tremendously generous relative to what seemed to work a few years ago. >> if we cut back on unemployment benefits, there's going to be an awful lot of additional suffering in this country. i'm not sure as a society we want to go there. >> bob her bet and casey mulligan, have a great weekend. at the two-month mark have the occupy wall street protests really accomplished anything? that's next. that's why we created the share the love event. get a great deal on a new subaru and $250 goes to your choice of 5 charities. with your help, we can reach $20 million dollars by the end of this, our fourth year. this is not how witness protection works! when we set you up with that little hardware store

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a higher chance of pneumonia. advair may increase your risk of osteoporosis and some eye problems. tell your doctor if you have a heart condition or high blood pressure before taking advair. if you're still having difficulty breathing, take the lead. ask your doctor if including advair could help improve your lung function. get your first full prescription free and save on refills at advaircopd.com. occupy wall street demonstrators were evicted from zuccotti park this week. some say the movement may be picking up steam, including the number of tense interactions with police. i'm here with carmen wong you will rich. >> i can remember saying it's the third day of protests on

wall street and that was the longest single protest i had ever seen. are you surprised how long it lasted? >> i'm not surprised at all. i think it will become something much more different. the most important thing that has come out of this, awareness, we had more stories in the past two months than in the past ten years. paul ryan put out a memo, the most staunch conserve tist, budget chairman, social darwinist free marketing put out a memorandum, a deeper look inequality and said the phrase corporate greed needs to end. we talk about jobs and massive wealth gap. >> the first day of occupy wall street, my reaction was what took everybody so long. it took seeing we are entrenched in this, this is not a recession we're going to pop out of like the previous, we're entrenched

so changes need to be made. when i hear the criticism there's no focus or leaders or demands, that's not the point. there's a statement being made. we're talking about a lot of issues that need to be talked about for the general good of everybody general good of everybody because we have a system that's broken. >> we've reached a turning point. it will either energize and move the movement forward or in the eyes of some public officials this thing has changed and elements have gotten in there in a couple of towns camouflaging, and that's hurting it. >> look, i've spent a lot of time down on occupy wall street. i was there in the middle of the night in the police raid on tuesday night and from every person i heard it's galvanized the movement. it may be less central in terms of location, but the constant message was it's not about a place. it's about an idea. it's about a message. it's about the conversation that it has started.

>> what's next? >> mayor bloomberg made a huge, huge great move for the movement. mayor bloomberg made insane remarks last week about what caused the financial collapse, he said it was congress. now it is going to be something much more different just in time for the weather by the way. >> i do think there is a platform and they created their own platform. we've been reporting on this fwlobl revolution. when our cameras, cnn cameras i could not get past the police barricades for the whole eviction. they were live streaming it. there was citizen journalism on the ground. >> republican congressman this week said come on most people look at this and what is the drum circle going to do. you don't get change sitting in dirt. people on the right dismiss it. >> that's like throwing

firebombs. here's the point. people are upset. for every one person out there on wall street you got another 10,000, 100,000 people that feel exactly the same way. but can't afford to be there because hopefully they have a job and work. the voices are out there. this will live online, social media, in the media. it won't go away. if anything it's contagious and global. >> there will be marches. i disagree what you said the people on the right dismiss this. a lot of people on the right share -- this the 99% branding is brilliant. not liberal, not conservative. the financial system has been warped and rigged for the privileged few. >> there does need to be some sort of consistent message. doesn't have to be only one message but some sort of consistency. >> don't go away more to talk about. black friday or black thursday or black wednesday or january 2nd we'll start shopping for the next christmas as early bird

shoppers grow each year do we need to rush out and spend on thanksgiving at the mall? oh, my gosh, that's next.

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when you open an account. all right. get ready for black friday on thursday. walmart will open some stores at 10:00 p.m. on thanksgiving evening. toys "r" us 9:00 p.m. macy's, best buy and target opening at the stroke of midnight. poppy, i want your take. it's a retail machine that we're driven to go. also quite frankly the prices will be cheaper by the end the year. sflu >> absolutely. this is a sport. is this a culture of phenomenon. my sister-in-law does this. she goes out in the middle of the night after thanksgiving and it's a sport.

retailers know this. last year the projected numbers were half of the actual number of shoppers. they work. folks are really out for the bargains. is this a sport who can be the best extreme shopper. >> the industry wants us to think everyone will be doing this. >> what we're missing a little bit people like to shop on the weekends. the malls are packed on the weekends. this is a friday that a lot of americans are getting off. one of the reasons it's so packed they have that day off. this is a day off for them to shop. >> come on. i think it's safer and thanksgiving holiday, about family. a little bit football here and there. it's not about how much -- >> how dare you -- >> everybody assumes they want to be with their family. not everybody -- >> it's a way to get away. >> shouldn't this show us that our economy is way too reliant on consumer spending and as one consumer told us, the stores are

getting desperate so they are opening up earlier, that's one person's opinion but maybe we should think about an economy that's not reliant on how much we can spend, spend, spend. >> this is dreamland. >> i like my dreamland. >> right now everybody is about the bargains. if you're not that top 1% buy that great stuff at saks you're down here i'm going to get the best deal. >> they will try to trick you. they won't give you something for nothing. people go out and think they will get this good deal and they spend too much money and end up with a holiday hangover. why can't we break the cycle. >> maybe they saved all year long. what i don't understand what's wrong. i would never do it. i agree your sister-in-law is crazy. i'll be in my jammies shopping online. >> what retailers are willing to

mark down and lose money on and buy things you don't need. >> i went shopping the day after thanksgiving. it was a lot different. nobody was getting trampled. there wasn't a feeling if you missed out on the door buster you failed. it was more like a family sport. >> they should listen to us and tips about shopping online and making sure you get the best price in reality. >> what about pushing it so early. actually coming in on thanksgiving. there was a guy that works at target started petition, 79,000 people said come on let's not make us come in on thanksgiving night. >> how many of using worked through college. >> do you know how many people would love to be working. >> don't give me that. i understand the shopping may not be good but if you're working you're working. >> buy it only if you can afford it and need it. >> i think we're branding a