on tightening interest rates. all that add up together, that's why you got this selling on wall street as of this thursday morning. back to the trivia question, it's a good one. how many islands make up i guess the state of hawaii, is it 4, is it 8, is it 12, is it 16. ash what have you got. >> always wanted to to to hawaii. i go with number three, 12. stuart: i will too. it is eight. the answer is eight. here they are. we got a shot of that. there you go on your screens right now. not going to try to pronounce them all, the eight islands of hawaii. ashley, see you later. great show today. thanks a lot, man. >> yes, sir. stuart: time's up for me. neil, it is yours. neil: all right, stuart, thank you very much. good play against the storm hitting the northeast here. subliminal but it works.

nothing subliminal about this selloff. it is widespread but worldwide spread. we were not the only central pang started this hiking campaign. as you know the federal reserve raised rates yesterday, bank of england, switzerland, norway, a host of others half a point. to put the ecb movement, that is 2%, half where they are now. they say a lot more such hikes are coming. all you have to know when traders hear that they sell. lydia hu on all of that. lydia? reporter: neil, this is the second day in a row we see the markets falling after the federal reserve hiked rates 50 basis points. we're seeing a slide in the markets even though the half-point hike was in line with expectations, it signaled that more increases are likely to come on the ongoing effort to tame inflation. the dow was down nearly 700 point after the opening this morning. now down close to 775 at the

moment. looking across the markets today we see that netflix shares arep fromming on concerns about slow growth in the newt ad supported tier of content. it is not pulling in the number of viewers that were expected. now the company is reportedly allowing advertisers to take money back. warner brothers also slipping today, neil. it has been pursuing cost-cutting measures since the merger between at&t's warner media unit and discovery earlier this year. now it is raising projected costs for ditching some content it had planned costs. now totaling around $3.5 billion. now also dragging on the markets, reail sales for november, they slipped by .6 of a percent, which was more than expected t means american shoppers pulled back as compared to october, just when holiday shopping was kicking in. spending on gas, cars, clothing

furniture for the month, perhaps, pause consumers took advantage of early sales. retailers were promoting they're slashing prices to move extra inventory ahead of november. but still the slump in retail spending is the biggest dip in almost a year. it is raising concerns that people are tightening their budgets in response to ongoing inflation. it is worrying others about the headwinds of rising interest rates. neil, back to you. neil: thank you for that, lydia hu following those developments. it is affecting how we feel because the more bad news you hear, the more i should sort of rein things in. eight out of 10 americans have a negative view of the economy. hillary vaughn on the fallout at the white house. hey, hillary. reporter: neil, headed into the holidays, americans say the biggest issue on their minds right now. according to new "fox news" polls out last night 42% of americans say the economy is the most important issue facing the country right now. 81% say that is because they

think the economy right now is in poor or fair condition. not a good grade for president biden who has put the fed in charge of getting inflation down. yesterday fed chair jerome powell announcing they are hiking interest rates again while admitting inflation is not anywhere close to where it needs to be, so more rate hikes are ahead. this as democrats in congress are trying to shove through a 1.7 trillion, massive spending package to fund the government just two days before christmas. >> the fed is continuing to fight against the biden administration because whatever reason jerome powell is not factoring in perhaps this excessive spending. all the while trying to curb supply of money. they're adding 1.7 trillion. that's the plan that the, that the democrats want their last hurrah to be based upon. reporter: democrats are trying to get the spending bill passed with increases in government spending before republicans take

house majority after the new year who want to cut government spending to tackle inflation. >> we should have no drama, no gridlock, and no delay on passing a week-long cr. just remember, those who demand something happen and risk shutting down the government almost always lose. reporter: meantime, neil, are not feeling optimistic about the new year. a new "fox news poll" showing that 48% of americans think the economy will actually get worse in 2023. neil? neil: hillary, thank you for that, hillary vaughn at the white house. speaking of the white house, a guy who used to work in that building, he was donald trump's office budget economist. is his name. vance, good to have you. i was reading everything jerome powell was saying he is tick sticking by his 2% inflation goal. that alarmed some, we're running

seven, 8% clip now. to get to 2%, wow. do you think that is realistic? >> i think it is something we need to get back to. people are really feeling the punch whenever they go back to the grocery store, wherever else, this is a massive amount of cost increases in a very short period of time. look, real wages, wages adjusted for inflation are not keeping up. year-over-year, wage growth has been down 20 straight months, secondly since they passed the american rescue plan act. the actions by the biden administration put us in a worse situation. they're wanting to spend more overall. the federal reserve has no other choice to start cutting balance sheet, raising interest rates, this ultimately what we do to bring inflation down. neil: there was a lot of spending under the trump administration, even pre-covid, it seems to be a bipartisan zeal to spend money. i get that, where you're coming from, but i don't see any sense of alarm on the deficit which took a dive in the latest month as you know. the federal deficit just hit a

record $249 billion. that is 57 billion more than a year ago. so the biden administration claim it is running huge surpluses, that is quickly going away. what do you make of that with either party's resolve to address this? >> i think both parties have got to get on board with spending is the problem. we don't have a revenue problem, we have a spending problem. ultimately what president reagan said, government's the problem. we have too big of a government and in too many places. people are not working. the deficit continues to ratchet up. yes the biden administration says they have lowered the deficit but that is really because a lot of one-time expenditures during the covid and pandemic a lot of those expired, they went off the books now. if you just follow what he has actually done, what he promoted there has been massive increases in government spending. that is what is driving this deficit. we have to get the fiscal house in order or everything else will continue to crumble in the process. neil: so you have the senate under democratic control.

you have the house under republican control. normally markets like that as you know, gridlock means nothing is getting done. a lot should get done. how will that play out, your thoughts? >> you're right the gridlock will hopefully slow things down, other government spending packages that ramps up the deficit, puts money in the economy, federal reserve prints more money and inflation. we need a pro-growth policy cutting government spending. all government spending comes out of the private sector. that redistributes money around. cut taxes, key tax relief, open up energy sector, get permits out there. oil, energy, oil and gas lifeblood of the economy can get rolling. ultimately the fed will have to cut the balance sheet. they have to continue to have a lot of liquidity and distortion in the economy to allow the market to clear a lot of excesses that happened over the last couple of years. neil: real quickly on president biden, he has said earlier this

week when we had a relatively tame retail inflation report, more tame than people thought that all seems like a distant memory now, that next year at this time we'll be through the worst of it and we'll be hunky-dory. he didn't say hunky-dory, i did but what do you make of that? >> i think that the biden administration put a lot of spin in what is going on. you have the recent one by treasury secretary janet yellen. her op-ed in "the wall street journal" talking about we're back on track, is getting back on track having 40-year high inflation rate? household survey showing hundreds of thousands of jobs lost over the that lee months? mortgage rates at 20 year highs? is this getting back on track? when you ask americans, what the polls mr. showing that is not getting back on track. we're heading in a bad direction. unfortunately it will get worse before it gets better. if we don't allow for markets to correct, we'll have a deeper slump for a prolonged period of time. neil: vance, always great

catching up with you. appreciate you taking the time. neil: thank you so much. look what is going on right now. you know the drill here. it started yesterday. markets run up ahead of half-point hike. that didn't surprise them. what jerome powell said afterwards. 2% inflation goal, a long way from that, addressing that by continuing to hike rates, maybe longer, more involved than we earlier thought. that has spread to other markets and countries across the globe, including european central bank, switzerland, bank of england, norway, all raised interest rates, all in this particular case half a point. we'll have more after this.

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neil: this selloff is gathering some steam right now particularly for big tech. the dow collectively down two 1/3% but nasdaq down 3% thanks to big losses in microsoft, alphabet, meta platforms, apple, all taking some big, big hits today. you know the drill, interest rates go up, a lot of these stocks go down. the notion that they could continue to going up is weighing on them. a 10-year treasury note, benefiting for a while with the yield down to 3.45%. we got weaker-than-expected retail sales report in the

latest period, the biggest drop we've seen, .6 in about a year. gold is not benefiting in this environment not surprisingly. the more the federal reserve raises interest rates the more inflation related issues and investors get hit. they are getting hit, in the case of gold hit hard right now. about the only beneficiary, not across the board, some fixed income. we'll get into that a little bit later. aishah hasnie with developments on capitol hill concerning well, tiktok. reporter: tiktok is the talk of capitol hill right now. last night, i don't know if you heard it was a pretty big deal, the senate passed a, senator hawley ban on tiktok on all government devices last night by unanimous consent. huge deal, but, speaker pelosi on the house side just told reporters she will not commit to bringing this bill to the floor because she thinks that there is not going to be enough time to tackle it. in the meantime, neil, we're learning that some senate democrats may not have even

known that this was happening in the first place, watch. >> tiktok? >> no. i have not seen what they have done. >> it was by unanimous consent. >> i will take a look. reporter: sounds like they didn't even know this was on the floor for a vote. we're trying to get to bottom of that. meantime this gallagher-rubio bill out there a little different. it will take the ban a step further. it would stop all transactions from any special media company out there run by adversaries including china, russia and iran. >> they allow the chinese communist party to gain access to all of the private data on any device in america using tiktok. that is our kids. that is phones connected to our kids phones. that is a national security threat. but a direct threat to our way of life, economics. allowed them to interfere in midterm elections. reporter: democrats and republicans both believe tiktok is a problem.

chairman of the senate intel committee mark warner says look, tiktok is not all that. he is floating the idea of the justice department coming in to regulate the app. >> there are a lot of creative things that happen on tiktok. this is not and all bad platform but there are huge risks and you know, some folks inside of justice say we can find a way to allow that creativity without creating these risks. reporter: it is an interesting thought to get the doj involved. i just asked marsha blackburn what she thought about it. and she told me she thinks there should all be uniform. there should be one agency and her preference is that agency should should be the ftc over the doj, if ticktock was going to be regulated down the road. neil? neil: got it, ashiah. thank you very much for that. in case you're following tesla fortunes on wall street, in and out of two-year lows, popping up a little bit, we should let you know with the big falloff we've seen year-over-year about a

third of this entire value since elon musk started selling shares en masse, another 3 1/2, $3.6 billion in case you're counting, about $40 billion worth in little more than a year's time. susan li following all things musk and all things tesla. susan. reporter: $3.6 billion this week which kind of explains why tesla was underperforming the rest of the market, especially with better than expected inflation numbers we got this week. we're down to two year lows. 3.6 billion sold this week. we'll do the math. bring up the graphic for you. i counted, neil, that is 45 billion-dollars total tesla stock sold in the past two years. 23 billion so far this year. i think we're pretty much done, i think we have only a few weeks left. $22 billion in 2021. now today we did hear that cathie wood, who has been buying a lot of tesla stock in the ark invest fund.

that was how she made her name predicting tesla would get to 4,000 by the year 2026. you're probably wondering what he needs this money for? apparently needs to pay capital-gains tax, that is a tax bill that will be due. don't forget he has a $1.2 billion interest payment on the debt in order to leverage the 44 billion-dollar twitter takeover. that is pretty much what he needs the cash for. maybe rejiggering in terms of the debt. maybe more margin loans and put up more tesla stock in order to do that. i can tell you, neil, tesla stair holders you're staring down 60% down on the year, demachined issues whether in china or here in the u.s., i think tesla investors probably want elon musk to get a quick ceo in at twitter so he can focus on a 500 billion-dollar electric car company which briefly dipped below half a trillion dollars for the first time since 2020 this week on the tesla selloff. he is having problems at

twitter. looking at fcc headline came out, asking for privacy consents. we know that elon musk has been speaking out. we can talk about bari weiss, speaking to the free press and what he said to bari weiss, let her handle the disseminating of some of the twitter files on trump's account suspension. he says i didn't spend $44 billion for a blog post. i spent $44 billion because i was worried about the future of civilization. twitter only has about 200 million daily active users. that is 1/0 of facebook 3 billion. less than snap's 300 million daily users, not sure how he is qualifying that. we do know that he permanently suspend the elon jet account which tracked the movements of his private jets, justifying the move, any account doxing real time location info of anyone, will be suspended it's a physical safety violation. posting links to sites with real

time hoecation info. musk followed that with a video after possible stalker that attacked a car that baby x, that his youngest child was driving in last night in los angeles. so he says it, he was followed by a crazy stalker. safety is imperative. don't you think, neil, i will tell you this, the criticism on social media, especially on twitter is that first of all that elon jet account uses publicly available data. it is not entirely a secret. you will tweet out a video of the possible attackers. isn't that doxing? i think he has a lot to answer for right now. neil: we'll watch it closely, susan li, thank you very much. my next guest says it is pile on exempt at elon musk. he had enough of it. elon musk can do nothing right. if his views were left-of-center he wouldn't experience any of that florida congressman carlos gimenez, why don't you come to

florida? it's a little more involved than that. kind enough to join us, congressman gimenez. you think this is too much, all-out editorial and attack on elon musk knows no bounds, right? >> if i were a, doing or doing the bidding of the left he wouldn't be hearing any of this. so i'm inviting elon musk to move out of san francisco and get out of there. they're actually targeting him and his company and the place that he does business. come to the free state of florida and you will have a much better environment. you will also have employees that have a diversity of thought, not only do we have a diverse community in miami-dade county but we have diversity of thought. we have liberals, conservatives and moderates and we openly, freely speak about our thoughts without having any problems with you know, getting, getting hit for our thoughts. and so, yeah, i think elon should move to florida, at least, hopefully miami-dade county. neil: you know, congressman, it

is interesting. because a lot of your predominantly democratic colleagues are looking into tesla contracts and how he gets them, whether he is getting special tax breaks, in the case of spacex, you know, it is worth $140 billion, they're wondering what he is doing with this private concern that he owns, pretty much about half of it. so they're looking into all sorts of his businesses. none of this was going on before his twitter purchase and his post-twitter views. what do you make of that? >> i think it is ridiculous. look what is he doing at spacex? he is making sure america stays the predominant leader in space exploration. spacex is a wonderful company that is going to put americans hopefully on mars one day along with nasa. so they are a great partner. all this started since he opened up twitter. he is exposing what happened in twitter. how the fbi, you know, targeted

certain candidates and gave misinformation, not only to twitter but i'm sure to facebook and to other applications, that are more than happy to listen to the fbi because it fits their narrative. so now that elon musk does not fit that narrative then you know, they have got to make an example of him. we as republicans have to make sure elon musk is treated fairly and that these baseless attacks amount to nothing. neil: all right. we'll be watching it closely. congressman, great to have you. thank you for coming on. >> my pleasure. neil: we got a selloff getting a little worse here, down 828 points on the dow down a little more than 3% on the nasdaq. we thought we would step back with a little calm, with none other than than gary sinise, from the gary sinise foundation, multiple academy award winner, what i love about gary sinise, he is is pretty much the good guy you see on film as in

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>> snowball express is a official program of the gary sinise foundation. with american airlines we transported 1722 children of the fallen and surviving parent or guardian to the happiest place on earth, walt disney world. we don't forget. go have fun. neil: you know there is paying it forward, and then there is gary sinise paying it forward, helping thousands of kids from families with a fallen military member, get a chance to do something fun, in this case go to disney world. it has gotten into thousands by now thanks to gary sinise.

we've known him for some great movie, "forrest gump," apollo 13. some of my favorite roles had him playing harry truman, george wallace. a gifted actor. more importantly a very good human being. i'm honored to have him with us today. gary, welcome. >> thanks so much, neil. great to be with you, thank you. neil: good to be with you. i love the harry truman thing but i digress. let me get your sense, that you devote your life to this, gary. when you started it was uphill climb. it was bigger and bigger. you help build homes from those that come back for war, badly batter the a triple amputee you built a home there, about 80 homes. what keeps you doing it? >> neil, there are so many different reasons. i have a lot of veterans in my family, so it kind of starts there with me. i go the very involved with

supporting various veterans groups back in the '80s. i played lieutenant dan, and in "forrest gump," that started me working with the wounded back through the disabled american veterans organization in the '90s. after september 11th, i wanted to be supportive in whatever way i could. so i volunteered for the uso. what do actors do, i raised my hand, started going out visiting troops in the war zones, and hospitals what not. then i supported multiple military non-profits trying to do good things that support men and women serve our country. eventually that all manifested itself into the creation of the gary sinise foundation. we have, you know, hundreds and hundreds of volunteers across the country. we're, we have multiple programs at the foundation. snowball express initiative that you showed there is one of our gold star programs for the children of our fallen.

that was, that was started by a group of people that just wanted to help the kids out, you know, during a very difficult time for them, having lost a parent right before christmastime and they brought some people, some kids to disneyland in anaheim. american airlines got involved. started flying the kids. then we moved it to dallas where, that's the hub of american airlines of the we were there for nine years. then we folded it into the gary sinise foundation as a program. i approached disney. i have a great relationship with them over the years through movies and other things i've done with them. we started taking the kids there in 2018. we did another event in 2019. then the pandemic hit, and we had to go virtual with our snowball express program. so we went down line couple of years, 2020, 2021, just providing entertainment online for three days for the kids. this year we were able to take

them back to disney world. we upped the number of families that we were able to take and, this year we had over, i think we had 1151 children and upwards of 1900 people total there. we took over, you know, half of the coronado springs hotel, about 1000 hotel rooms. it cost a lot of money, it takes a lot of effort. there are multiple volunteers, great corporate sponsors that come in. it is just a massive event, and really a great way to wrap our arms around these kids that lost a loved one in military service. neil: you know what you left out there, how much you have done, gary and that doesn't surprise me, because it started with you. it started with your money. i caught an interview with you not too long ago, with the success i had in film, everything, i am paraphrasing, you wanted to give something back, you wanted to help.

that the pressure gary sinise puts on companies might be reluctant to help out to make them guilty enough to say yes. how does that go? i'm wondering if it is all, it is much bigger than the iconic character lieutenant dan that you played. obviously built a band around that. it is much bigger than that. how would you describe it? >> well you know, when, i've had some experience with other non-profits. i started a theater company years ago with my pals in chicago. it was very grassroots. we had no money, nothing. we had a passionate desire to do theatre. that theater is now 50 years old now almost. it's, we have multiple buildings in chicago, a lot of great people have come out of there. it is multimillion-dollar theater. it started with just a desire to do something and we did it. that is the way you start a nonprofit it usually starts out

very grassroots. you have to take action. you have to show people that you're serious. you have to show people that you're willing to do things and, encourage them to get on board to support you. i have had a lot of supporters over the years. we've got a great board at the gary sinise foundation. like i said, i got involved with multiple military charities over the years and just tried to help them and i learned a lot from a lot of different military non-profits and first responder non-profits where the needs were, and how i could apply my services as a celebrity, somebody who is in the public eye to draw attention to what they were doing, help them raise money. started a band. went out there, played for the troops. then we folded the band into the gary sinise foundation. now people that donate to the gary sinise foundation -- neil: gary, i don't see you popping up on these hollywood celebrities or any great late robin leach specials, there is

gary sinise's home on the shore of maui, none of that. i don't hear about that. i'm not saying that is bad what any of your colleagues are doing, seems like you have other interests beyond money and there is nothing wrong with that, i thought talking to you on a day and at a moment where the dow is careening, markets are careening, people are sweating, they're worrying, you step away from all of that. how do you advise people, try to make them look at the stuff that is important? >> you know, when, like i've said, neil, i spent a lot of time in the hospitals. i've been in war zones. i've seen people struggling. you know, we built houses as you mentioned for, i think we just gave away our 81st house for badly-wounded servicemembers. i've spent time with them in the hospitals. i've seen how their families, you know, just stay with them and help them through these difficult times. i mean you can have a wounded guy in the hospital or gal and

they could have 200 different surgeries over three years and they're just spending all their life in the hospital. these families have to go through difficult times with them. i've learned from them. i've been inspired by them. i've been motivated by them and i've had a lot of success in the movie and television business. csi new york was a great run for nine years. i was able to take some of that financial success and turn it into doing some good for others and to build the foundation. neil: there is talk about being csi, whether it is in new york or vegas, any one of them back, and bringing you back. are you interested? i think you were nine seasons on "csi new york." what is the latest? >>s that with a great run. 197 episodes. it was a great run. it came at the right time. there is a chapter in my book, grateful american, called perfect timing it is about how i was ramping up all my efforts to

support the military and first responders at same time csi came along. all of sudden i had a public platform on television. i was a producer on the show. so it was lucrative that way. i was able to put money away and do some good with it. the timing was perfect. now the foundation was strong. we have a great, great staff. we have multiple volunteers, lots of corporate sponsors, donors, people that support us. anyone who is interested in learning about the gary sinise foundation, go to garysince niecefoundation.org. to see what we're doing. multiple programs on video and youtube channel. you can see the snowball express videos you were showing there. it has made the career make even more sense because i was able to do some good for other people with the success that i've been blessed with. neil: you know, gary, one thing you and i have in common, we're

very modest individuals. that is one of the qualities i love about myself. >> [laughter] neil: but i mean this seriously, every time i see you in any venue you're the same guy. you're the same guy. me, i'm an ogre off camera, i'm a completely different person. i'm not even that great on camera, what strikes but you, i studied and watched you and admired you, for some years, you kept your foundation, you kept your basic person, no matter how rich or successful you became, i find that -- remarkable, i find it rare. what do you think of that? >> i grew up in chicago. my dad was, you know, he was in the navy, you know, midwest folks. my dad was a film editor in chicago. then he moved out to california. i had a modest upbringing and but it was great. that is where i started acting. i was able to start a theater.

it just, you know, it has been a challenging, at times life but also very blessed in so many ways. i'm glad that i can do some good with it. i'm thankful that i have a great team at the gary sinise foundation keeping the mission going, so many wonderful sponsors and supporters and donors around people that are helping us to do some good for others. neil: you're doing that and then some. you have inspired me to think less of myself, gary. wish we had more time. i have to continue with my show, gary, cavuto "coast to coast." you are a great actor. again i urge anyone, you know famous from "apollo 13". some other work he has done to envelop a role like george wallace or harry truman. that is remarkable. he became those people. that is great actor. also a great human being. stay with us.

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neil: all right. what happened to that big run of up we had yesterday in advance of the federal reserve doing as expects hiking rates half a percent? we know it had a lot to do with jerome powell, what he said afterwards there. topping that is what every major central bank around the world has done after that, raising rates also half a percent but luke lloyd, you have got to help me with this, is this overdone? how would you describe it? >> i will try. yeah, so i don't think it is overdone at all. i think we have a lot more to go sadly. the economic data this morning might be one of the most important signals what is to come when we look back in six months. what the stock market has wrong, it is not all about the federal reserve. retail sales falling 0.6% shows consumers are struggling. less spending means less revenue which means less profit. less profit means more layoffs. in the end, less spending ends up impacting the job market which hasn't dropped yet. in our job was to position client's portfolio what the federal reserve would do next

that would make our lives a lot easier. the fact of the matter is, it is about valuations and earnings, less spending means less earnings. less jobs means less product. and less productivity means less growth. less growth means lower valuations. i think market will finally start to digest lower earnings in the lower multiple valuations sometime in q1 and q2 next year. everyone wanting a pivot, a pivot alone isn't good for the stock market a pivot comes with economic pain. neil: you would think, we especially now gone down to levels that reflect all of that. do we still have a ways to go? >> i absolutely do. we have not seen the job market drop yet. it is still 3.% unemployment. i think we get upwards of 6% when everything is said and done. every business right now is evaluating employees they hired over the past two years. productivity rates are the lowest we've ever seen. what you will start to see are businesses laying off workers

that are not efficient and are note productive. those people that do keep their jobs will have to work longer hours. the american worker and economy really has gotten pretty lazy from 2009 and 2022. they got lazy, debt was cheap, growth was cheap. companies didn't have to worry about productivity and efficiency. when rap hits the fan companies have to work on productivity and efficiency. with all the stimulus money, handouts over past couple years. once layoffs begin people go back to uncle sam for help. that is part of the laziness. whether or not uncle sam will be there to help, make people more dependent on the government which wouldn't be good in the long term. neil: wild stuff. look, i look forward to talking more in the next hour. luke lloyd on all of that. you might have noticed a green group of stocks a little while ago. that was the homebuilders. the argument is in this environment mortgage rates, a good many of them tied to things like the 10-year bond will actually look favorable. mortgage rates have slid four

weeks in a row. they're looking to slice lower with the 10-year yield at 3.45%. that is the benchmark for a lot of these homes. homebuilders could be benefiting on a notion maybe, maybe for home activity, real estate in general, a lot of folks their ship has come back in. or it has just hit the fan. we'll have more after this. ♪ [laughing and giggling] (woman) hey dad. miss us?

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watch me. reporter: welcome back to cavuto "coast to coast." i'm madison alworth, the rise in flu, rsv, covid cases leading cities and states to once again consider mask mandates. 13-point% of americans now live in communities that are rated high covid-19 levels. that is up from just 4.9% last week. the spike in cases has prompted cities like new york, and los angeles county to encourage people to wear a mask in indoor public spaces once again. but for some the decision is more than just a recommendation. the philadelphia public school system already decided to implement a mandatory indoor mask mandate for over 200,000 students when they return from winter break. so has new york college suny. the push to have the public mask up again is leading to public

pushback. listen. >> we'll not tell people to wear something, not to wear something. unfortunately government has played this huge role actually hurting us more than helping us. reporter: the cdc officially advises wearing a mask on a county by county basis depending on hospital admissions, bed capacity, case rates but just last week the cdc director, dr. wollensky said you don't need to wait for the cdc recommendation certainly to wear a mask. we're hearing from some doctors that they are pointing to mask wearing, school closures, one reason rsv cases are spiking across the country. dr. james ryan department of emergency medicine chairman at st. christopher's in philadelphia. >> i think it made some kids sicker than we would have seen before. i think that did add to the dramatic inplugs of children coming into childrens' hospitals. between capacity coming down, more kids getting sick because they had not been exposed to

anything, it was definitely a perfect storm. reporter: important to note that cities like philadelphia where he is, cities like new york where i am, it is still recommendations. fit definitely school system requires student to wear masks at least two weeks following return from winter break. neil? neil: thank you for that, madison. to dr. kevin campbell, noted cardiologist, kroc president and ceo. doctor, what do you make of that the mask thing? it seems to be coming back. your advice? >> you know i think we have to use common sense. i think if you're in a high-risk group, meaning you have heart disease, diabetes, cancer, immunosuppressed you should wear a mask yourself. if you or a family member, someone visiting someone with diseases you should wear a mask to protect them but these mandates at this point in the covid era make no sense. we're not in the middle of a pandemic anymore this is something that we have

treatments for. i believe it is just, it is not one size fits all. we have to make sure we protect folks but i think there is some individual responsibility here. neil: so, doctor, for a lot of people who are dealing, i need another booster shot, i need another covid shot, i need something to deal with the flu, another flu shot, i don't know if there are similar shots for all these respiratory ailments that have cropped up, advise us what to do. >> i think certainly you should be fully vaccinated, have the one booster. with respect to all the other boosters i think it is an individual choice. you need to assess your risk. if you're high-risk group, older than 65, probably consider extra booster shots. if you're in lower risk group, i think not necessarily something you will do. as a health care provider i'm exposed every day to covid in our hospitals and when, you know, i think about my own risk i do have a fully vaccinated card. i do have boosters but that is because i'm in a high-risk

situation. there is not just one size fits all. neil: so, doctor, with the covid spikes we've seen in china after they ended their zero tolerance policy, similar upticks, double-digit upticks, albeit from very low levels in this country, more hospital bid the filling up, are you worried about reoccurrence? >> i'm really not. we said this on the show before, neil, i think we'll find covid like the seasonal flu in the end. it is becoming endemic part of our everyday life. we are vaccinated with antibodies because we've been infected before. that is part of the cycle get flu shot, covid shot. some companies will have multi-veilent stuff, where it covers all of this stuff. not something not unexpected. neil: a voice of reason, dr. kevin campbell. i appreciate that all through covid, after covid.

hopefully we adjust. dr. kevin campbell, cardiologist, extraordinaire. an extraordinaire when it comes to the selloff how widespread it is. after effecting all groups, not homebuilders. we'll get into that. the notion that the market thinks we're heading into recession, and that the federal reserve all but manufactured it. has it? after this. i promise our relationship will be one of trust and transparency. as a fiduciary, i promise to put your interests first, always. .. .. achieve their financial. visit findyourindependentadvisor.com

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