let me know what you think. when it comes to these big events week have your back and looking out for you and your money. we mean it. we're not going to treat you like a shark and leave you in a tank. just sayin. good nice. ssel. [applause] [ applause ] . john: we just watched the state of the union, we sat through it so you don't have to. what do you learn? what does our studio audience think? >> boo! >> i thought it was in many ways his best speech ever, but we'll hear more from the audience later but first let's hear from our liberty-loving panel. cato institute economist dan mitchell managing editor of "reason" magazine katherine mangu-ward, and the creator of the libertarian republican news site austin petersen. so austin were you more

impressed than the audience? >> more bored. >> he brought up health care and the energy and the economy. the president wants to take credit for all the good things that happen and doesn't want credit for the bad things that happen. this is the guy that had the food stamp rolls increase 45% since he took office. you don't hear him talking about that or home ownership is the lowest in 20 years. he wants to talk about the nice flowery things. >> this is my least favorite obama. the papa obama telling you how you should behave. we're apparently a tight-knit family, he doesn't like us cynical teenager the recalcitrant republicans, he knows what's best for us. this is his state of the union speech that you get before you get grounded. i was not a fan. >> dan? >> i guess what struck me you have to give obama credit for being consistent. every single state of the union

address, bigger government and more dependency, uncle sugar daddy, that should be the tombstone on the obama presidency. free stuff as we become greece. john: i had high hopes for joni ernst and president obama can talk circles around her, but let's cut away from our panel and go to one of the brand new republican members of congress lee zelman of new york. congressman, you were in the room, and watching on tv. it looked as if both republicans and democrats applauded, except for john boehner who looked like he wanted to be somewhere else. did both parties applaud? >> yeah, it depended on what the president was talking about. i means, there were times when the president was saying we need to hire more vets. if you're an employer and want to get stuff done, hire a veteran. that got every one of us up and applauding. other times when the president

wants to talk about how there's free community college coming and half of us are asking how are you going to pay for it? it sounds good. there is concern for people not only looking to go college but our children and the next generation of inheriting mountains of debt. what you see is on many of the initiatives that the president was outlining, half of the crowd, the democrats standing up and applauding and the rest of us will say great idea, but how are you going to pay for it? talking about minimum wage and saying if you're working full-time and taking care of family, $15,000 isn't enough to get by. i'm from new york, you could be working full-time making 40,000 or $50,000 and struggling to get by. is the president saying we should increase minimum wage to $40 an hour? john: your staff told us you worry most about america's

debt, and the fact that it's unsustainable, but the most unsustainable part is entitlements. are you prepared to make cuts to the big programs like medicare? >> take a look at medicaid, for example. you have individuals making tens of millions of dollars off of medicaid. and you'll see an announcement where an attorney general or state comptroller going after the dentist who is charging for 11 cavities when he only did one, and trying to get the $10,000 or $15,000 back while you have others in these schemes where they're able to literally milk tens of millions off of medicaid. so what happens is you have the constituencies attached to it. 11 a 9 seiu hospitals may be working together and creating profits. john: all true the big one is medicare, not medicaid medicare covers all the elderly. would you cut it?

>> listen i remember when my grandfather needed a doughnut because he was getting up there in age signing off on paperwork for $450 for something you can buy at cvs for $25. we have to look at the providers. every time you have a business where the person signing your check is the one that doesn't have to pay the bills, like medicare, you have room for abuse from the people providing the services providing the items. so i think we need to look at the purchasing of medicare, and i think we regionally need to look at the payment schemes we have. i'm from long island the cost of living is higher, and the sgr and the reimbursement formulas. if you want to save money in medicare, look at the provider end of things, and instead of going after the low hanging fruit where someone might be skimming $50,000 and especially when you see

government going after a patient who's taking advantage of the system that's important for accountability and deterrence. you have individuals running companies, scheming a lot of money off medicare. that's not what the program is intended for. we see a lot of abuse on medicare. john: thank you, congressman zeldin, welcome to congress. enough from politicians, back to our panel. have you hopes for the new republican group? >> you should never have hopes for any republican group. it will always break your heart. this is a moment when you realize republicans maybe are saying things that sound a little better. john: yes, a lot better. >> more union, it sounded like okay, let's be more fiscally sensible. in fact. when it comes down to it republicans get into power and pretty much just as bad as democrats when it comes to crony capitalism special deals, when it comes to actually, for instance writing a budget passing a budget,

republicans just as bad as democrats as that. [ applause ] >> i wish i could feel hopeful, but i don't. >> i wish you could feel hopeful. dan is the economist here. the president talked a lot about the economic recovery, which sounded like he did it. your thoughts. >> if this is an economic recovery, he needs to answer for the fact that median household income has fallen every year of his presidency. those are big problems. we're doing better than europe. that's like saying you're the tallest midget in the circus. i want to say something vaguely nice about republicans. for five years ever since 2009, they've frozen spending. the sequester, the government shutdown fights. the debt limit battles. john: we have a chart on this. >> and that's a real achievement. and even though i joke that in washington you have the evil party and the stupid party. john: put the other chart, put

the percent employed back up. he mentioned the unemployment rate. i reduced it 10%, now it's only 5.5%. it was 10% because he took office during the recession and the percentage of people who are unemployed is way down people don't even look for jobs. >> the labor force participation rate is critical. we don't get economic output unless we have people labor and capital productively being utilized. i want to say something about the employment rate. when he had his so-called stimulus, the unemployment rate was up near 10%. once the stimulus stopped, the unemployment rate began to fall. john: you don't think it caused it? >> when you have smaller government as a schaeffer gdp, nowhere near as a good libertarian, i want government to be. having government shrink from

24.4% of gdp to 23.3% of gdp, that's a real achievement. i make fun of republican but they did that. the ryan budget for four years in a row included medicare and medicaid reform. obama vetoed it, and the house and event passed it. maybe i'm grading on a curve i think there's a little hope through the. >> i can mention one thing about the stimulus plan. the president promised we would have 4% gdp growth year after year. we have half of that, and likes to take credit for the stimulus. the stimulus ended in 2011. all the economic growth occurred after the stimulus. but what have we gotten since the economic recovery began? we had sequestration, that's the word that nobody likes to talk about. john: supposed to be horrible and kill the congress? >> in fact, that's what obama loves to go after republicans for, they're cynical, they didn't cooperate and work together. john: they shut down the government. >> when you say republicans

froze spending even though you're not glamorizing it you are making it sound better than it is. they froze it almost accidentally, they were being jerks. >> you had spending shoot up so much in 2009 because of the corrupt bailout and the stimulus. >> horrible to say obama is right, the republicans were being obstructionist and being a pain in the butt. generally, it is a happy accident. >> gdp is socialist because it includes government spending as portion of growth and we all know that's bs. >> the deficit is another thing that the president brags about. i have reduced the deficit by two thirds. but that's because in his first year there was 800 billion dollars in stimulus spending. >> we've had federal spending as a share of gdp could go below 20% in 2015 down from 23.4%, that's steep drop. so when we're still $488 billion deficit. >> true. >> the deficit fell because of

policies obama opposed. the debt limit fight, the government shutdowns and sequestration. it's not nearly as far as we need to go, but the little progress has occurred in spite of obama, not because of him. >> i don't think people realize that paragraph of good economic news is so gloriously crafted by speech writers. the ultimate in cherry picking. you have the vast raft of economic data, a team of speechwriters say can we say this? well, that's not quite true. can we say this? john: look at how much oil we're producing at home now. the president opposed much of that. >> he said in his first state of the union address in 2009, we need to look at getting energy independence, off of oil from saudi arabia and could have done it but didn't. john: all the increase on private lands mostly from

fracking which people oppose. >> i think it's one of the themes what's wrong with obama. he thinks government is the answer. you look across the ocean the european welfare states in various degrees of economic and fiscal decay. obama whether it's tax hikes more dependency, like the greeks and the french and the italians, except we don't get the good wines. [ laughter ] . >> the president said several things that sound reasonable. if you don't listen closely -- >> rebekah isn't asking for handouts but she is asking that we look for more ways to help families get ahead. john: isn't that a contradiction? >> i think she's asking for a handout. she's not asking for you know, a check that moment from the president. but that isn't to say she isn't as bad as the big corporations the democrats like to demonize when they ask for special treatment, a little extra help.

they're doing something important like rebekah. john: we'll come back to you later on the show to follow the argument. join me on twitter or "like" my facebook page so can you post on my wall. next, what is one of my favorite left-wingers think about what the president said? and we'll look back at the president's previous state of the union promises how many has he kept? president obama: our approach would preserve the right of americans who have insurance to keep the doctor and their plan. they challenge us. they take us to worlds full of heroes and titans. for respawn, building the best teractive entertainment

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[ applause ] . john: now that we libertarians weighed in on the president's speech, let's hear from someone from the left. news day columnist ellis henican. you like what you heard? >> a feisty obam aobama said i'm the president for the next two year i'm going to do some stuff. yes, i liked it.

john: i agree with your characterization here, speaks well, and tonight the president again offered americans more free stuff! president obama: i'm sending this congress a bold new plan to lower the cost of community college. to zero you. >> like this? >> a bargain i want, yeah! zero sounds terrific to me. john, we give people in our society because we think it's the right thing to do. education up to senior year in college, we don't make you pay a nickel for it. we have learned. john: senior in high school. >> up to high school. right. and we're saying we ought to add a couple of years to that. john: how do we pay for all this stuff? >> there's ways, make sure folks pay their fair share who haven't been. close the loopholes. make sure the people at the very top getting away with paying so little just kick in a little bit more. john: and community college, right now most kids don't

graduate in two or four years. >> they won't get the deal. you have to perform well and get good grades. john: but you don't have to perform well, if you're in college, you can go college for free. if it's not work now, why does he always want more of it? why do you always want more of the programs that rarely work? >> i want to set them up in a way we are sure they do work. that we won't pay people in government to see. john: isn't that a sale? >> imperfect thing. the private sector doesn't solve everything perfectly either. i don't think we should throw up our hands and say we're not good as americans to achieve this anymore. john: we libertarians say if you leave us alone, we will achieve. we heard the phrase a lot middle-class economics. >> i like that phrase. john: and must have poll tested it -- [ laughter ]. john: what does it even mean? >> john, ask the folks here. middle class people are behind

struggling. john: there's economics there's not poor economics, rich economics, middle-class economics. >> not really, not really, not really. this doesn't happen this distribution of wealth doesn't happen by accident. god didn't do. this we have a tax code that rewards certain things and punishes other people. let's get it back so it's fair to regular people. john: it's already the rich pay much more than the poor do and the reason there's disparity is when people are free, some get very rich. >> there's a reason in the last few years john that the folks at the very, very top are getting all the goodies. we don't want that to happen. >> the stock market went up. >> do you just want to say it's fine, 99% of the people don't deserve anything because the folks at the top learn to jog the system that benefits only them? we know that's been going on don't you? >> i don't think it jobs the system, i think the wealth does spread if people are free. >> well yes, but government

doesn't have no role in this right? john: it's got plenty. >> and you know what? let's be sure that we regular people have a voice at that table, too. if the corporations and the 1% are going to get all the goodies, send my kids to community college. i've got a child tax credit. if i'm sick make sure i can get paid. john: move onto something we can agree on. >> good president obama:. >> cuba, we are ending a policy that is long past its expiration date. [ applause ] president obama: when what you're doing doesn't work for 50 years, it's time to try something new. john: so i agree, it hasn't work forward 50 years, but marco rubio says this entire

policy shift is based on a lie, access to money and goods will translate to political freedom? >> it's worse everywhere else in the world way worse than cuba. the thing in florida has to do with a narrow political issue that doesn't apply to florida. let's move on and try something different. john: shouldn't he work with congress on immigration as well? executive orders, don't they bother you? >> wouldn't be my first choice and suspect it's not his first choice. here you are, the president, you have certain legal authorities. the law says there's some stuff can you do on your own. congress just says no no nothing, never you like it we hate it. at some point wouldn't you want to say work with me if you won't, i'm not going to do nothing. john: so i'm by myself going to basically legalize all these immigrants and invite more people to come in by executive

order. >> prosecutorial authority, you can't send everybody away send the criminals away and not the nice families. >> i happen to agree with you. coming up, our live studio audience weighs in and we'll talk about how president obama has fixed america all by himself!

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here reporting on the free college plan which the website says flunks the republican test meaning what? >> from the man who promised you free health care comes free college, right? students spend more on books than classes. these are giveaways to colleges, not to students and use this to turn around and raise the rates. john: i agree. sometimes i think the president doesn't listen to himself even. he said he wants more workplace rules, he complained that america is -- president obama: we are the only advanced country on earth that doesn't guarantee paid sick leave. john: probably true as far as i know, just two pages later in the speech he said this. president obama: america has put more people back to work than europe japan and all advanced economies combined. john: so he doesn't get the connection? >> i assume that his speechwriters are giggling in a

basement that they pulled one over on the president because he didn't realize he was contradicting himself. yeah we are doing better than europe because we don't have as much government intervepgz as europe, that's why job creation numbers are better. look at the double digit unemployment rate. [ applause ] >> look at the youth unemployment rate throughout europe. here's a news flash, when government passes rules to make it more expensive to hire someone, guess what happens? fewer people get hired. john: healthy families act, you're against healthy families. >> workplace flexibility which has been tested to death. john: it's employer inflexibility. >> it's the exact opposite. far too much flexibility week have to clamp down on that. new rules from the feds for everybody. >> if you don't like government, novsomalia. but then i say, if you love government, why don't you move

to north korea? [ applause ] . john: let's venture into something tv programs fear to approach, net neutrality, which the president briefly talked about. in this case, we're getting no great message from republicans either. i noticed senator john thune and fred upton have a bill. they like that broadband providers remain neutral, we all like neutrality, that sounds good the bill would prohibit them from blocking websites, it would also prohibit them from charging companies for faster delivery. >> got a problem, john, there is an army of communist nerds on the internet pushing net neutrality. they don't understand the laws of supply and demand or want to push it away like president obama does. the thing with internet neutrality, if most people are on netflix, of course you should have to pay more you pass the cost onto consumer.

john: charges companies for faster delivery is a way to inspire people to create more pipes for faster delivery. >> also easy case to make when you put it simply. what we should be defending is the status quo, the internet is a place that's free, unregulated. we already have gotten amazing stuff as a result of, that and it's insane someone would look at internet and say that's not working, we need to fix that one up. it's the best thing that's happened lately literally. >> two point, fred upton is kate upton's father we need to forgive him for a few transgressions. second point is why would we want to take a tremendously successful technology and turn it into regulated public utility like a sewer system or something, that's bad news for america. >> one of the things we have to be careful to is never let a crisis go to waste crowd. whenever terror happens or

cyberterrorism, politicians say pass net neutrality. >> didn't you hear obama is going to protect our children's online identities. john: afraid that the big companies prevent them from growing. >> so much more likely that government will prevent them from speaking, this is always the case. yes, perhaps a big company might try to exercise power, far more likely is a bunch of the idiots in the room will decide to do it themselves. john: thank you, panel, this week, we asked them to study previous state of the union speeches to look at promises the president made. what did he keep? what didn't he? did he keep any? they challenge us. they take us to worlds full of heroes and titans. for respawn, building the best teractive entertainment begins with the cloud.

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[applause]

john: . john: in all of president obama's state of the union speeches, he says i'll do this and i will do that. how often does he actually do it? in 2010 i perked up when i heard the president say this president obama: we will continue to go through the budget line-by-line page by page to eliminate programs that we can't afford and don't work. john: what happened? our panel is back to look at the analysis. >> as we talked about earlier, there has been progress on government spending shrinking the share of gdp. it's only because of policies that the president was opposed to. the shut down the debt limit fights. the sequestration. >> the line-by-line has never happened.

the president promised he'd get rid of stupid rules he says things like this. president obama: ordered federal agencies to eliminate rules that don't make sense. >> he ordered 106 federal regulations and tallying them up for the second term. john: we have a graph that shows the number it's increased, it always goes up. >> always goes up. in 2009, the president said we need to get rid of regulations that force health care costs to go up. i got obamacare i went paying $96 a month to paying $306 for premium. how is that helping costs go down. john: president bush hired 90 new regulator, promised to close guantanamo bay. >> he sure did. he promises it every year in the state of the union. this is the year. and every year here gets to president for a whole year, and he still doesn't manage to

close guantanamo bay. ir get it. john: each time he said there were 250 prisoners, now there are 122. >> he's also going end the war ins iraq and afghanistan and has drawn down troops significantly, not entirely. this is the thing where can you always say look, i did a little better. you know you're the most powerful man in the free world. you can close a prison. >> not like fdr putting japanese in interment camps quite so much. we've seen the people released in guantanamo bay captured on the battlefield again we're not administering justice properly because the president is endangering our national security by having them there. john: injustice would be giving them american due process. >> we could go about reforming american prisons which he promised to do in this speech. we'll see. john: we wouldn't spend $3 million on the guantanamo prisoner. he promised he would increase

regulation of banks and increase tax oats rich. he did that. >> yeah, he did. this is what's frustrating to me. he pushed through warfare class hikes as part of obamacare and has the gall to get up tonight and talk about america's not competitive enough. well, we have the highest corporate tax rate in the world. we have the third or fourth highest capital gains tax in the world that obama is proposing to increase it. proposing to increase the death tax. these are not recipes for increased competitive. when you are punishing, saving and investing, you are hurting workers, you have less capital formation and drives productivity and drives wages. [ applause ] >> when they do polls on small businesses, the number one problem that small businesses report isn't that they need more sales. that's the second biggest problem. the number one problem are all the regulations, all of the red

tape. if obama cared about middle-class economics, he would get rid of the regulations that harm small businesses. john: i heard arrogance about what he knows best. we need more employers to see beyond next quarter's earnings recognize that investing in workforce is in the company's long-term interest. the company doesn't know? >> all of this is secondary to what he says over and over and always in the state of the union, it is the job of government to help working class americans. that's wrong. it's the job of government to help all americans. the job of government to help most americans by leaving them alone but apply equally the laws across all classes and people. the notion that obama can see who needs his help and administer it in a precise way to fix the economy is appalling. [ applause ] >> also seems to be magical thinking. he said talking about keystone. let's set our sights higher than a single oil pipeline.

pass infrastructure that would create more than 30 times as many jobs. >> the president likes to talk about we need to cut back on pollution and need to have affordable energy. the trains using to transport oil from canada to the united states create more pollution than the pipeline that would be built. we have dozens of the pipelines, why not build one more? >> i said nice things about republicans earlier, time to rectify that. republicans are proposing to do a gas tax to fund more washington centralized spending and pork barrel projects. we shouldn't have a department of transportation in washington at all. and republicans having won a landslide election promising to be anti-government. to say the americans should pay higher gas taxes? >> who would build the roads without government? who would build the roads? >> state governments and private people. wouldn't you rather have a

carbon tax than the income tax? >> if we could ever trust politicians to permanently eliminate a bad tax, in theory i might take that tax, but i don't trust them. john: thank you dan, austin katherine. coming up, my state of the union address. what the president should have said? and first, your questions for us. applause] the lightest or nothing. the smartest or nothing. the quietest or nothing. the sleekest... ...sexiest ...baddest ...safest, ...tightest, ...quickest... ...harshest... ...or nothing. at mercedes-benz, we do things one way or we don't do them at all.

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[applause] . john: now, your comments and questions. here to answer them are economist dan mitchell, katherine mangu-ward and ellis henican. david dalton asks what would be the downside of instituting a flat tax and doing away with the expense of the irs? >> the people who can afford to give the most are asked to, and people who can't don't. it's fair. >> a flat tax is a much less destructive way for the government to raise revenue. here's the catch. there's no way to have a good

tax system unless we figure out some way in the long run to restrain the growth and the burden of government spending. >> flat tax still means the rich pay more? >> if you make ten times more than me you pay ten times more. they don't pay tax under the current system or the flat tax. john: to the audience. >> isn't it likely with the proposed funding of two years college education, it would contribute to the growing higher education bubble. >> it is more than likely it is 100% certain that will happen. john: that they will raise prices. >> if you subsidize something, you're going to get more of it. we will get more people in college, and it's going to cost more money. >> it will cost more money, don't we need more people in college. we need training. education is a good thing. let's be for it. john: who's next? yes, sir. >> what risks you see for programming equality and if there's a role for government to play here?

>> a major problem with corruption and cronyism in washington when. people get the sense you get rich by trading on connections in d.c. rather than you're an entrepreneur or heck, a good ballplayer, that's what undermine people's faith in the system. i don't think anyone in america resents bill gates or steve jobs. they resent the import-exporters. you know what else people don't like? no matter how hard they work they don't have a fair chance of getting ahead. i think it is increasing in america today. all that money is parked up at the top and you guys are all working hard and a lot of you around getting as far as you deserve. >> giving people false hope to remedy the income inequality with increasing the minimum wage. if you say, all we have to do is pass a rule and it will all go away, it gives a false sense

of what problem we're facing. >> the person making this is making this. >> the person making this has no job. >> the evidence says that people just get paid better. >> that was an awesome use of studies show right there. let's say there are rich people and poor people, they're not the same people. some of the rich are becoming poor and some of the poor get very rich in america. >> i haven't met too many i think it can happen. john: yes, sir? >> my question is who's going to pay for the big expensive government? >> you. john: well we got him. >> good short answer there. john: who's next there yes, ma'am? >> can bipartisan solution for infrastructure education or immigration be found or are we just at the whim of the majority party? >> there are all kinds of bipartisan solutions and they

are virtually always bad once. bipartisan solutions you bought off both sides, it doesn't mean it's good policy. >> that's so depressing that can't be true. as americans, don't want you to have decent roads and mass transit and a good education system. most people can agree with that. >> and you obama are trying to combat my cynicism. >> come on, the water is warm. john: who will build those things? >> the bipartisanship is the eye of the beholder. we got welfare reform capital gains tax cut, reducing government spending down to less than 18% of gdp. but during the bush years week got bipartisanship for tarp and things like that. you have to look at the underlying policy and not just create the silly little shrine if the stupid and evil party agree on something, it must be good. john: one more question here, who has the microphone. yes, ma'am. >> we are in the process of normalizing diplomatic

relations with cuba and the u.s. needs to hold cuba accountable for implementing two changes. how does the president on doing this? john: we're out of time. we can't solve it, the president can't solve it. i hope he works it out. thank you, ellis katherine, dan. next, what the president should have said? my state of the union address. i'll save america. tos of men working on ranches. just a ram 1500 ecodiesel that gets 156 more miles per tank than the ford f-150 ecoboost. get more facts at ramtrucks.com.

congratulations. you're down with crestor. yes! when diet and exercise aren't enough, adding crestor lowers bad cholesterol up to 55%. crestor is not for people with liver disease

or women who are nursing, pregnant, or may become pregnant. tell your doctor all medicines you take. call your doctor if you have muscle pain or weakness, feel unusually tired have loss of appetite, upper belly pain, dark urine or yellowing of skin or eyes. these could be signs of serious side effects. i'm down with crestor! make your move. ask your doctor about crestor. they challenge us. they take us to worlds full of heroes and titans. for respawn, building the best teractive entertainment begins with the cloud. this is "titanfall," the first multi-player game built and run on microsoft azure. empowering gamers around the world to interact in ways they never thought possible. this cloud turns data into excitement. this is the microsoft cloud. . john: we just heard president obama give a state of the union

speech for the sixth time. i see a pattern now. the president says my administration has done great things, america's better because of me and my government rearranging life. give me a break. in my dreams president obama says something more like this -- i heard you voters in november when you took control of the senate away from my party and me. i get it. i overreached. i was arrogant. i imposed obamacare on a nation that was deeply divided about it. i ruled through executive orders instead of legislation. i threw money at my cronies who invested in so-called green energy, and i promised that america would build a million electric cars. absurd. i'll give up payments to the green energy industry if you republicans stop coddling defense contractors. how's that?

[ applause ] . john: i pretended that higher taxes on rich people would solve america's financial problems, but more taxes won't. there aren't enough rich people to take money from to make much of a difference, and any way some of the rich people create good things. we're already spending almost $4 trillion. my government doesn't need more money, we need to spend less on bad programs. should i have known this. i've been in government for years now. i know how badly government works. the last thing i should try to do is make it bigger. with you republicans in control of congress, it's time i worked with to you shrink government. [ applause ] . john: if we shrink government we might dig our way out of the debt hole we're in. heck, if we slow the growth of government to 2% a year we'd

be out of trouble. but i never even tried to accomplish that. i was drunk on the idea of promising all of you free stuff. free college. free phones. free birth control. i told people all good things come from government. but i know that's nonsense. from now on we should put an end to bailouts of all kinds. [ applause ] >> if businesses screw up, they should accept the consequence just like ordinary people who spend recklessly. main street should never again be forced to rescue wall street. [ applause ] >> i expanded government's involvement in health care. that was a mistake. we should reduce government's involvement, and that also includes medicare. i know medicare is very popular, but it is unsustainable. give current retirees the

coverage we promise them, but younger people should pay for their own health care, and to help them do that let's make america richer by abolishing most regulations, including mine. [ applause ] >> most of government's rules are not needed. they strangle opportunity. i'll approve the keystone pipeline and encourage states to allow fracking. [ applause ] >> the more i think about it, the more congress and i could transform america for the better just by getting out of america's way. the state of our union will truly be strong if the state is strictly limited. well maybe someday a president will say something like that. i won't hold my breath. someday, though. and before we leave you,

tonight, a programming note starting next week, new episodes of "stossel" air every friday on fox business, no longer thursday i'm moving to friday, same time same channel. hope to see you then. good night.he meantime here's lou dobbs. lou: good evening, everybody. president obama's tense relationship with israel and prime minister netanyahu just worsened. secretary of state john kerry appears to have misspoken about the views of the mossad about the impact of further u.s. sanctions against iran. the secretary of state not only misspeaking it appears, but caught categorically contradicted by the israeli government. the secretary claiming the mossad advised a group of unnamed senators to avoid any new sanctions on iran. the secretary's clear implication that the mossad and the netanyahu government are divided on the issue of