ashley: all right. earlier we asked doritos were invented in which amusement park? lauren, what's your guess? lauren: oh, you're starting with me? i'm going to go with disney lapp. ashley: very good. susan, what do you say? susan: struggling with that. six flags. ashley: i was going to go with six flags as well but, guess what? the answer, disneyland. the first degree the eaus were made from stale tortilla at a mexican-style restaurant in the theme park. what do you think about that? we were going to get in a story on spacex, i don't think we're going to have time. we can have a look at the markets very quickly, the dow up, the s&p and nasdaq down. we are out of time. that's it for "varney & company" odd. guess what? "coast to coast" begins right about now. ♪ neil: all right. we are ready to ache to you to the white house right now where the nation's governors are

meeting with the president of the united states. you know the krill, they came concern the drill the, hay come out that entrance, and generally if they see a microphone sand the, invariably they will go to the it and talk about the the prime minister's efforts -- president's efforts regarding china. kind of lowballing and saying it's maybe not the urgency some have presented it being, confusing a lot of people, to put it mildly. edward lawrence has more from the white house. >> reporter: yeah, we had a good shot of chris becker, our photographer, setting up the shot for the governors who come out to speak to us. looking over this is what's happening with china, the antagonism that's happening specifically with that the spy ship that flew over the united states. there's been no overt action toward the chinese from the u.s., just public statements telling them not to do it again. listen to the president again last night trying to move the incursion into u.s. air space behind him. >> the idea that a balloon could

traverse, break american air space is -- anyway, it's not a major breach. i mean, look, it's totally, it's a violation of international law. it's our air space. >> reporter: so the u.s. currently dissecting the chinese airship. representative michael mccaul says the chinese could control the device over the u.s. while sending back sensitive intelligence to the chinese, and the president waited to bring it down. roger marshall -- roger wicker says it's likely that some of the components in the airship were manufactured in the united states. that's another problem for him. >> there's no reason why the chinese communist party, led by xi jinping who wants to dominate the pacific, should have anything made in the united states of america or anything with english language on immaterial. >> reporter: -- on it. >> reporter: the u.s. is working on additional reporting requirements for companies, u.s. companies, making investments in

chinese technology in the china. a spokesperson saying that we are making progress in formulating an approach to address outbound investments to provide greater transparency on u.s. investment into china and other countries of concern. but right now, neil, it is just audiocassette the, nothing -- just talk, nothing substantial has moved forward. neil: thank you, edward. chad pergram is learning more about what that balloon was monitoring. what are you hearing? >> reporter: well, the chinese were listening in, that's why fishing for the hardware from the ocean is so important to the government. the question lawmakers have, what did the chinese hear? >> we actually have the hardware that was on that balloon, we can't say for sure. we can take some educated guesses of it, but we can't know for sure. that's why we should have shot it down as soon as it was approaching alaska. china should not be able to send airships into our air space.

>> reporter: the balloon sailed over the home state of montana democrat jon tester. the entire house and senate received a briefing yesterday on the balloon. lawmakers are atinged about what communications the balloon intercepted. >> the truth is we think we know what they were going to collect. we don't the know. that scares the hell out of me. >> please know as we are recovering the balloon and learning more about it and also with what we learned last week, we are building our understanding of what comparabilities we have. but we need to do the going forward. >> okay. >> reporter: some lawmakers believe the u.s. made a mistake letting the balloon encroach so deeply into american air space. they don't want to see that again. >> we need to reestablish deterrence. right now the chinese believe that they can do this anytime they want. we clearly could have shot it down, and next time we need to just tell them we will shoot it down. that will reestablish deterrence

to be, but right now we don't have deterrence. >> reporter: house minority leader hakeem jeffries described the president's actions regarding the balloon as, quote, decisive. but yesterday's briefings were just the beginning of congressional inquiries. neil? neil: thank you for that, chad pergram. want to go right now to the florida republican congresswoman, house freedom caucus member. good to have you back. >> thank you for having me back on, neil. neil: i wonder what you think about president biden last night essentially saying, yeah, it's a disturbing development, but it's not that big a deal, referring to the whole balloon incident. what did to you think? >> you know, i think that it really underplays the threat that china poses to this country, so it's no question that we are regularly involved in operations with countries like china and russia. but the fact is that this entire balloon traversed the country starting in alaska, up through

canada, and as we saw montana to really the east coast. i do think that a better option potentially would have been to capture it, but at the time from my understanding we didn't have the technology to do that. i think that now that that was, one, a wake-up call for the dod, but also too the remember china's economically competing with us. i think we need to decouple and look at them as a serious threat. by 2027 they're going on the militarily dwarfing us. neil: you know, we're told that we speak, congressman, the prime minister's meeting with governors is -- president's meeting with governors he kind of shared what's going on with the china situation and ongoing debt talks, says republicans are probably not serious about holding the debt hostage. went on to say there is a discussion about taking defense spending off the table in talks with republicans. so it seems to indicate a little bit of, you know, push ask pull on this. what do you think? >> you know, i think when i first came on i stated that we are very serious about the

negotiations especially in regards to raising the debt ceiling. you know, what's the point of having a debt ceiling if we're just going to continue to raise it and not actually balance the budget and go forward and do what we promised the american people? i think it was also telling that president biden's state of the union that what he also tried to make claims that republicans were going after social security and medicare, that he got audible boos from the republican party and basically calling him out for basically double speak and not being forthright with the american people. and so i just want to let people know, you know, we are not talking about touching those, but we absolutely have to go after a lot of this spending that's pork. and, frankly, with what we saw with the inflation reduction act, i mean, my goodness, it's not sustainable. neil: so when the president talks about, you know, medicare and social security being off the table, he seemed as the state of the union speech went on, congresswoman, it would be off the table as far as discussions for the next ten years. many republicans were quick to

say no medicare or social security cuts right now, but i don't think many of them said for the next ten years. where do you to -- >> i can confirm that. yeah, i can confirm that. we're not in talks about it right now, but, you know, the fact is that i also heard democrats say we have to do something about social security, because right now what we're seeing with this entire debt ceiling argument and and then also too the debt of this country, there's a lot -- and i would argue that because of the illegal immigration problem that we're seeing right now, people that have not paid into our system are tapping into those programs and, ultimately, it's going to be american seniors that suffer. and so it's a very serious talk that we have to have, and what i'm finding in washington, neil, is that a lot of people will say and do things in front of the cameras, but when you see those cameras go off, are they going to be serious about coming up with solutions and working in a bipartisan fashion. and i am not seeing democrats really coming to the table with

republicans wanting to find a solution. it's very polarized right now, and it's uncomfortable because of it. neil: you come from a state like florida where medicare and and social security are big issues, to put it mildly, and you're open to discussing, you know, making them fiscally stronger down do road -- down the road becausen then, obviously, a lot of younger people will never see the light of day or any of those benefits. but you did also hint that this is not off the table after this year, that you think it would be a good idea to pursue this. not cutting social security, medicare, but how would you describe what the republican position will be on? >> well, i think that we need to the start looking into who actually has access to these programs. are people coming here illegally, are they then tapping into these programs, for example, in the state of california? you have illegal immigrants that are getting full access to the medicaid system through the state that our taxpayers pay into. is that really fair to the american people?

and so i think i have to compile some data, and i would love to be part of those the discussions and conversations with the rules committee and appropriations. and there are a lot of good people that are putting forward solutions, but i also too really like the perspective that senator rand paul had on this entire discussion and debate, and i think that right now if we're really talking about what likely will happen, i think that we are going to invoke something called rescissions where we can basically claw back some of the money that has been allocated but not spent for some of these pork programs that, ultimately, are are not benefiting the american people in any way, shape or form. neil: would that apply to social security? >> no, no, no. not at all. neil: got it. just want to be clear. congressman, always great. you speak your mind, we appreciate that the. anna pauline a that luna, member of the house freedom caucus. speaks her mind. in the meantime, getting ready for super bowl weekend. wonder how robert kraft, the new england patriots' owner, feels about that. he's certainly been to many a super bowl.

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♪ neil: all right, the layoffs continue in technology land, and this time they're beginning to match the percentages that worry people especially when you get word right now, of course, that yahoo! is talking about getting rid of 20% of its work force. suddenly that gets people a little bit alarmed. connell mcshane following it. >> reporter: hey, neil. that's about right as yahoo!'s one of the old school names, of course, of the tech world9 and the latest to join this list of tech layoffs. it's owned these cays by apollo, the private equity firm. 20% is a big number for yahoo! by the end of the year, and since it's a private company right now, we don't know for certain how many workers that will be, but axios reported about 1600 jobs were going away and that would tell us that yahoo! these days probably employs somewhere around 8,000 people. you know, but they made the announcement, yahoo! and its

owners, they used terms like streamlining and restructuring which we have heard from so many other companies, but the certainly comes at a time that's been challenging for the tech sector overall. microsoft knows all about that. we're starting now to learn about how microsoft plans to implement the 10,000 job cuts that the it announced last month. that's about 5% of its work force. you know, they're talking about people who work on the xbox as well as some who are in the surface division and others who work in what they call a mixed reality hardware acquisition. they were all included in this latest round of layoffs from microsoft. you take a look at the stock price, this is just a one-year chart, it's still down double digits percentage white even though a 10% gain here lately, it's bounced back, down the about 1% in today's trading. if we zoom out a little bit and talk about this tech wreck or these job cuts, it's getting difficult to fit all the companies that are cutting jobs on one screen. of course, many of them are big names in technology, amazon and

microsoft and, you know, netflix. we see over here. but other sectors are starting to creep in. goldman sachs, capital one, so some of the financials are up there. notable media announcements over the last few days and weeks as well. a pretty good story in the "wall street journal" talks about this dynamic that we have in the labor market right now. so many of the high profile job cuts keep coming in, but post-covid the restaurant, hospitals are hiring bigtime which makes up for the losses in the overall job figures that we continue to see. neil? neil: you hope. mark tepper here with us. does this worry you, the layoff news that connell outlined? >> you know what? so, neil, great to be with you. neil: same here. >> i had a big client event last night, and the number one question was, mark, we keep hearing about company after company laying people off, yet the unemployment rate is actually going down. i mean,st at, like, a 53-year low. so what, where's the disconnect?

and what i'll tell you is there's a few things at play here. number one, the average severance package, when you're looking at finance and the tech industrieses, it's 12 weeks. so i do believe that, you know, over the course of the next several months we will start to see some of these layoffs actually ripple through the economy. and then when you even look at, you know, the 3.4% unemployment rate, we continue to lose full-time jobs while adding part-time jobs. the average hours worked is trending down, temporary staffing is falling off a cliff, so i am worried. i do think over the course of this year we will see the unemployment rate start to tick meaningfully higher probably by the summertime. neil: so for technology as a group, what do you think? >> so, i mean, look, when we're talking the tech, obviously, connell was just talking about yahoo!. we talk about moth. microsoft -- microsoft. microsoft in particular, when you look at them, they are not just cutting paper shufflelers,

you know? [laughter] they're cutting mission critical employees. they are cutting software engineers. and, neil, i gotta tell ya, i mean, as a business owner myself if when you have key talent, unbelievably excellent talent, you do everything you can to hang on the those people as long as possible. the only time you cut them is when you think there is unbelievable demand destruction at work, and i think that's what microsoft is seeing. neil: real quickly on china, a wildcard, i know, in this whole discussion. but if we secretly abuse and punishment for china -- retribution and punishment for china and we start cutting economic pacts and buy fewer items from them, send fewer tech items to them, that could be a disrupt arer. what do you think? >> yeah. probably one of the best things going on for companies right now is this whole, you know, china reopening because china's been

in that zero covid lockdown for the last, i don't know, 2-3 years, however long it's been. so, you know, that's one of the things that's probably helping companies right now. if all of a sudden that reverses course, if all of a sudden, you know, china, you know, they fight back, we fight with them, we're going back and forth, yeah, i do think that could be a big issue. we're already looking at a situation where our economy is slowing. i mean, inflation might be slowing, but, you know, it's the still high. so we have our issues economically, and i'll tell ya, if we start to go, you know, tit for tat with china, or yeah, that could be a big issue. we've already seen what china has done with our tech industry in the past. we haven't quite done the same thing in response to them with tiktok. but it remains to be seen, neil. neil: absolutely, my friend. have a good weekend, mark. thank you very much. mark tepper. >> you too. neil: meanwhile, we are focusing on developments in florida. not the president's visit yesterday, but ron desantis doubling the ante right now when it comes to disneyed today.

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♪ liberty. liberty. liberty. liberty. ♪ ♪ >> disney is gonna pay its fair share of taxes, and disney's gonna honor the debt, and that's exactly what this proposed piece of legislation will be. it's obviously now going to be control by the state of florida which is no longer self-governing for them, so there's a new sheriff in town, and that's just the way it's gonna be. [applause] neil: all right. he's talking, of course, about disney and now it's going to be a new sheriff in town, the above saying there's going to be a whole new way disney will have to operate, but is it really dramatically different from before? gary kaltbaum, a florida

resident the on the, orlando expert in his own right. what did the he get here? >> all i can tell you is every time i read a little bit more, i get more confused because there's so many moving parts. really all they're doing, they're changing the name. they're going to add some people appointed by the governor -- neil: not changing the name of disney. >> not disney, the reedy creek district. neil: carved out its own special little world. >> big world. neil: big world, yeah. >> they're going to the add some people to the board that's appointed by the governor, and after that i'm not seeing much. they were talking about how much debt was going on the on counties, not happening. and as i see it, maybe there's some more decision making, maybe there's some more taxes, but i think it's going to be business as usual. and i think you have a governor that's probably running for president knows how important disney is, just to central florida and all of florida, because the people who go to disney visit the rest of florida. couple of numbers, 75 million people visit central florida,

clash 75 billion of economic impact -- $75 billion. and he needs all the good numbers as you go into '24, so i don't think he's going to the stamp things out so much. neil: i haven't seen bob iger, the returning ceo, saying much about this whole thing. the only line i remember in the beginning is disney needs florida, or florida needs disney. >> i think mr. iger's being quiet on purpose. that's just an opinion. i think he has a lot of things on his plate at this point in time, and he knows that once this gets done, it's done. and he'll adjust to anything they have to adjust to. again, i think he's got a lot more fish to fry with his streaming that was down quarter over quarter, and they lost about $125 billion of shareholder wealth in 2022. they'd like that to come back. neil all right. but you were saying simple stuff like the parks, they're packed. so on all those other levels, they're doing the just fine. >> the parks are packed, over the holidays you couldn't get

in. a bunch. of them were sold out. and all i can tell you is i fly into and out of orlando, everybody's wearing mouse ears including adults -- neil: i get worried when it's the pilots. [laughter] >> not yet. it's not just disney, universal is going great guns with the harry9 pot per, and then there's sea world -- neil: we're still spending. >> you've got the works. and, again, business is great for the parks, and is they've just got to get their act together with other things. neil: gary kaltbaum following all of that. we tapped his sunshine state expertise today, which is ample. by the way, getting ready for the big super bowl weekend, a guy who's been through more than a few of them the, robert kraft of the new england patriots, he's here. after this. ♪ ♪

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>> i'm reire thing. for good. won't be long-winded. you only get one super emotional retirement essay, and i used mine up last year. neil: we all remember that, when tom brady said, all right, this time i mean it. i'm retiring and retiring forked good. all right robert kraft wants to honor the quarterback who was so instrumental in 20 successful years with the new england patriots and, of course, multiple super bowls. we'll get into that. robert kraft is with us right now, the owner of the nan patriots. the new england patriots. always good to have you, thank you very much for joining us, robert. you know, did you reach out to tom brady after he made that news? >> well, i is are had an opportunity to speak with him a few times since then. we're actually, we actually were

together yesterday at something, and he's just one of the most outstanding people i've ever met in my life, and we were lucky to have 20 years together. neil: indeed. and he feels the same way in interviews with him on the subject of working under you. you want to celebrate sort of a tom brady event, but until require in order for the patriots to pull it off him signing a one-day contract or something like that? can you tell us about that? >> well, no. [laughter] i think i have been doing an interview and someone asked me whether i'd be willing to do that, and i said, absolutely. and, of course, it's whatever tommy if wants. but in the end, we hope to have him back for many years in the future. i know all of our fans want to thank him and celebrate the

greatness that the he brought to our franchise for two decades. and we want to do it in a are respectful way -- in a respectful way. and, you know, when you think about it, the nfl's been in the business for over a hundred years, and we had the privilege with the i don't know if it's 50,000 players in the history, we had the pleasure and honor to have the greatest of all time who has won seven super bowls which no other team or individual has ever done. neil: you talk about the good feelings that a lot of patriots' fans had. they weren't good three years ago, right, when he left for tampa bay. are a lot of those wounds healed now and they just look back to the good old days and the 20 the seasons with you? -- 20 seasons with you? >> well, he's a new england patriot, he will always be a new england patriot --

[laughter] and what he did with us and how he came in as a rookie, the circumstances that he came into the game in '01, the way it happened, you know, 9/11 happened -- neil: right. >> -- that year, and the fact that a team called the patriots, red, white and blue won the world championship, it was of just a great coming together of a lot of great forces. neil: you know, before he announced that the this summer i'm really reire thing, he had been reportedly looking at other teams and, we're told the, looking at your are team, the patriots. had you guys talked about that? >> i think you'll have to ask him about that. [laughter] you know i try not to speak for other people or what's in their thought process.

look, all you can say is he is a great quarterback, he still is. he made his decision -- neil: yeah. >> -- to retire. if he had chose to continue playing, i think he would play at a very high level and definitely with in the top five or ten quarterbacks in the league. neil: but you didn't make any overtures to him yourself? i'm just saying what you did. >> we're blessed to have a great young quarterback in mac jones -- neil: okay. >> -- as our quarterback, and i'm a strong believer in him and his development. neil: which is your way of saying, neil, i'm not going to answer that question exactly, right? >> well -- [laughter] you're a pretty wise gentleman. [laughter] neil: you know -- >> look, that's why, that that's why rupert and lachlan hired

you. neil: i don't know about that -- >> two of my favorite people. neil: and, of course, fox is broadcasting the big game. how do you think it's going to go this weekend? who are you rooting for? >> well, i root for the new england patriots. the first two super bowls we were in in 1996 and '01 were both in new orleans, both games done by fox. and weapon privileged -- we were privileged to win our first super bowl right after 9/11, three, four months later, and it was a great coming together. and i always remember what a great job the fox announcers and the fox network did with the game. it was really just one of the special moments in my life, and we were privileged to win there. so fox and the kraft family are

branded together pretty strongly. neil: i'm glad to hear that. i am curious though, it's a pity the pate if lots aren't in it this year concern patriots. kansas city, philadelphia is. who do you like? >> well, i like the new england patriots -- [laughter] i predict to you that this'll probably be -- neil: all right. >> -- the most watched super bowl ever. they're two great teams, two great coaches, quarterbacks, and, you know, it'll be a very exciting game. neil: all right. definitely handled that well. let me ask you a little bit since under your, you know, leadership the patriots certainly have become one of the most consistently profitable and successful franchises in football history. i'm chiropractor -- i'm curious what you make of some changes that could be in the works in the nfl. for example, the washington football team and, of course,

right now the fact that jeff bezos might be kicking the tires and looking to buy that. a lot of people think he would give up "the washington post" to to the take that from mr. snyder. what do you think of that? >> well, my understanding is that the team is up for sale, and they hired bank of america to do it. i'm not really privy to who all the buyers are. i think jeff, you know, is probably one of the most competent business people in the world. what he's done, built a company like that and built the scale and maintain thed quality, he is definitely a tremendous operator. and for those of us that are privileged to own nfl franchises, it's the one thing i believe more than anything that builds community, and we need good operating people in their

individual towns. and i think jeff would be a great owner. neil: dan snyder made a lot of money on that sale to whomever he sells it. you are sitting on a gold mine yourself with the new england patriots. have you ever thought the idea, all right, i've had a wonderful run with this wonderful franchise, i'm ready to cash out? >> no. after my family, the new england patriots is the most important thing in my life. it's the not a business, it's really part of my family, it's part of the community. if we cowell, it makes -- do well, it makes the whole region better, and it's just i love being in the locker room, being around the players. i just pinch myself that i've been so privileged to own a franchise in my hometown.

it -- the good lord was very kind to allow that to happen. neil you know concern. >> and i'm never selling it. we've set it up so it hopefully stays in the family for many decades to come. neil: interesting. all right, so it will remain a family affair. i'm sure many of your fans are happy to hear that. i am curious what you made of some of the changes they had this year, robert, with this 17-game season and kind of a complicated playoff picture. what did you think? >> well, the 17th game displaced one of the preseason games -- neil: right. >> so it, you know, it's something that is good for the networks because it gives them, i don't know, i think we're 90-odd of the top 100 tv shows in the country is nfl games. so we have more product available to you. i think we worked very hard on

the health and safety aspect. if you see that incident that happened up there in the buffalo-cincinnati game -- neil: right. >> -- and the kind of medical care that was given and, you know, or i'm very proud of that. and i'm proud of what our players do in the community and our league, what it's focused on. i think it's something that is one of the real positive community builders in our nation. neil: yeah. you talk about how popular football remains and, you know, ratings still held up this season even with the extra game. depending on the franchise for some, but still very, very strong. and now you had so many who are entering streaming the game like amazon, how do you feel about the streamers who have now come into the game? if -- >> well, i've been chair of the

broadcast committee, the nfl, for i think around 20 years. and we've been privileged to have some great contracts with the linear networks, and i think everyone is working towards developing their streaming capabilities. and having amazon and youtube the come in who are both, you know, leading the way in that but also our other networks are doing that, and, you know, for us to attract young people, young consumers, it's essential. and i think over the next 5, 10 years i think you know that the percentage of people streaming connen tent is just -- content is just going to skyrocket. neil: yeah, you're probably right on that, robert. you know this far better than i do. when i watch streamed games and

all that, i just don't like it. it's not as crisp and clear. maybe you're right, the technology will change, and, obviously, it's the rapidly involving. but if i had my curt canners between watching on amazon and on a standard network, i'd probably go the standard network. do you think that these streaming issues will be resolved? >> i definitely do. look, we're -- you and i are creatures of habit. neil: yeah, you're right. >> i understand what you're saying. but i think amazon has done some amazing things this year with thursday night football and huh they've built -- how they've built it. and if you look at chem the graphics of the people watching -- the demographics of the people watching and who they've brought in is really terrific. and i think all the networks are going to have to do it, and that's the future. neil: you know, finally, i understand you're a very popular

owner. you don't get involved with day-to-day decisions or question a lot of what bill belichick does. dan snyder, the washington commanders -- i still can't get used to that name, but anyway -- he's been faulted for getting too involved in the minutiae and the day-to-day and that it hurt the team. what do you think of that, and is your philosophy -- you're the owner, but you leave it up to the coaches. is there a time when you just said, no, you are wrong, coach, we're going to do this? >> well, everyone manages in a different way. i can only speak for myself. i try to hire the best people i can. i give them accountability, full authority to do as they please, hold them accountable. but if things aren't going the way i'd like, we meet in private and have our discussions and make changes. it's something we've cone this

year -- we've done this year. i'm very happy that we were able to bring in the new offensive coordinator to help develop our young quarterback, mac jones. i think bringing in bill o'brien has been a big plus for our franchise. and that was done in full cooperation with coach belichick i'm very excited about our team for next year. neil: all right. so just to review, you're rooting for the philadelphia eagles, you're not a fan of jeff bezos taking over the commanders, did i get that right or no? >> no, you didn't -- [laughter] neil: i'm kidding. >> no, i -- oh, okay. [laughter] no, i think, i don't thinkst the my, i don't think it's my decision. i can't speak about who takes over. that's something that, you know,

whoever, i mean, the ownership group in washington can decide who hay want to sell to. that's what's great about america, no one dictates to you what you can do. but with i, i really am concerned about getting the new england patriots back to the playoffs. that's my focus. neil: well, you got very close this year, very, very close. we'll see what happens, but a real pleasure talking to you. robert kraft, good seeing you. >> nice talking to you, neil. be well. neil: be well yourself. the new england patriots' owner, robert kraft. a little surprise there with that eagles thing. anyway, you can't get one past him. taylor riggs, "the big money show" just around the bend. >> gordon chang of the gatestone institute set to join us. larry kudlow as well on reaction not only to u.s.-china, but also his take on the u.s. economy. and it is all football, three

three-time super bowl champ set to join us, and if you're lucky, or you'll get a glimpse of our very own puppy bowl. stay tuned, more "coast to coast" coming up next. say goodbye to daily insulin injections with omnipod 5... a tubeless system that automatically adjusts insulin to help protect against highs and lows. try it today. go to omnipod.com for risk information and instructions for use. consult your doctor before starting on omnipod. i want my daughter riley to know about her ancestors and how important it is to know who you are and to know where you came from. we're discovering together... it's been an amazing gift.

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♪ neil: all right. if you're planning a super bowl party, chicken wings are cheaper

than they were last year, so you can sort of build around that. stew leonard jr., stew leonard ceo with us right now. stew, how to do you -- >> hi, neil, how are you doing? neil: very well, my friend. how do you advise people, oh, my god, stew, the price of everything has gone up, but actually a lot of things at least for the game, they're okay. what do you think? >> well, first of all, all of us in the food business, we see our sales jump probably 20% just for super bowl, because everybody's getting ready for that big day. neil: wow. >> but you have seen some prices go down. you know, a biggie is these chicken wings right here, and those are down almost 50% in price over last year. this is the, like, a big one. they're going to sell 50,000 of these just over super bowl weekend, the avocado for guacamole and everything. the price of these used to be about $3 last year, they're only, like, clash 1.50 this yea.

so you're seeing some relief many if pricing right now. we're feeling it in the meat business right now and fish a little bit for lent's coming down. so i think customers can look forward to a little easing of the inflation that they've been feeling. neil so how do people play it? some of the things that they colike that are stubbornly high, do they just move over to cheaper stuff or what? >> definitely. you know, if you see something go up over here, they switch over and maybe start eating more chicken, you know? same with fish. you'll see people maybe move off tuna and swordfish and go down to salmon, which is a little under $10 a pound. you know, people switch. there's -- hey, customers are like you and i. i mean, you know, they know what's going on in the stores. neil: what are they avoiding right now? they love but not now that they're going to -- [laughter] alternativesesome. >> you know what everybody's

avoiding? high calorie, fattening food right now. neil: well, that's idiotic. [laughter] for god's sake, it's a game. one day, celebrate, right in. >> i know. everybody is splurging a little bit for super bowl, but in january and february everybody start starts going on a diet and watching what they're eating. >> neil: i've heard about that. >> yeah, you can see a shift, but one of the things that's really cool, i think, this is one everybody loves like pigs in a blanket. neil: oh, man. >> you know, serving them, that's, like, the number one appetizer if you go to a party. i've been to parties like with emeril and martha stewart and everything -- neil: listen to you. >> -- and i ask the weight staf. she's a customer. martha shops in the store here. so i used to push her shopping cart out as a kid when she did her catering business in westport, connecticut. so if you do that and you're tasting at those things, you ask

the waiters and wait waitresses what's the favorite seller, pigs in a blanket. neil: that would make sense. thank you, my friend. >> i got a problem -- neil: real quick. >> i can either sell these right here for philadelphia, i mean, the only thing we have is the chili -- or you can do in the with the -- neil: oh, man, oh, man. i am on my way. stew, i'm on my way. wish we had more time the, my friend. keep at it. you're make people very, very hungry are. that's always good. we'll have more after this. if you shop with the walmart app, you know everything you need is right at your fingertips. ♪ .. to get a little more, to make life a little better.

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the future you imagine. neil: i have no problem with a rowdy state of the union address, it worked for centuries in england. bill rights, most of them are scum, we need more civilized debate. i agree with that actually, just bring it on, getting your face, it's okay. finally, this, why does neil cavuto keep saying thank you very very much? is he trying to channel elvis presley with his very very much thank you? >> see what i did? you still criticize me because you keep writing and saying the same thing. here's "the big money show". taylor: thank you very much.