tv Cavuto Coast to Coast FOX Business July 17, 2023 12:00pm-1:00pm EDT
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be back in excellent monday trivia question. the only woman to be worded the medal of honor in which were, the civil war, world war i, world war ii or iraq war. i have no clue at all. i am guessing world war ii. >> the civil war doctor mary walker was the first female surgeon in the u.s. army she was awarded the medal in 1865, then resend it which she refused to give it back into work every day until she died. president jimmy carter reinstated 1977. time is up for me but "coast to coast" is about to start, it starts now. >> right now on "coast to coast" the -- for cash is on and so far president trump leading the pack. ron desantis is expected to
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headline a hamptons fundraiser this week. the question can he catch up, working to dig into the dollars of why the money race may be more important than any pole. a good point tracking down $5 trillion that is the amount of taxpayer money the fed handed out for pandemic relief, where did they all go. a new report says the experts are hitting a dead end on this money trail. in hollywood at war the actors and writers strike has virtually shut down tinseltown and it's already wreaking havoc on the global entertainment industry. we will give you the latest from the picket line and look into who the casualties might be in the hollywood clash of titans. ♪. ashley: welcome to cavuto "coast to coast", i am ashley webster and for neil today. let's get to the top story.
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it is a funding frenzy, the best word a gop candidate race to bring in the money. new filings show the former president trump has over $22 million with ron desantis trailing behind with 12 million. fox news aishah hasnie is on capitol hill to break down the money. hello. >> good morning to you we are not just following the campaign cash coming in we're following the campaign cash that is going out. that is creating problems for governor ron desantis. he raised more than 20 million in the first six weeks of his campaign which is actually really good but he's spending quite a bit. he already spent nearly $8 million and that is leading the campaign which is 12-point to million in cash on hand. as a result the floor together has had to cut his campaign staff reducing his team by fewer than ten members. desantis told fox that his campaign issues are the result
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of a lack of support from the mainstream media. >> they've seen what i've done with florida where we beat the left on all these different issues we beat them on illegal immigration and indoctrination in schools. both from an electoral perspective in a subsidy perspective, they view me as the most significant threat to their agenda. >> candidates mike pence, nikki haley, tim scott, nikki haley and vivek ramaswamy have reached the 40000 donor rational required for the gop first presidential debate. former president trump still on the fence about this stage telling maria bartiromo that he does not think he risks anything like ron desantis cutting into his lead if he does not show up. >> somebody else cuts into his lead, that's what's happening he is going down and a couple are going up. i think vivek ramaswamy is doing a good job and others have done a good job. i have not made up my mind.
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>> he is not made up his mind is something to gametime decision. all the candidates were outdone by president biden to the surprise of lots of anxious democrats, biden's reelection campaign based in 72 million since his announcement but keep in mind this very important factor, the new york times is reporting the small dollars donations defined anything under $200 not only accounted for 10 million of the 72. he does not have the small donors. ashley: just the big ones. fascinating stuff. florida governor ron desantis blaming media coverage for some of his issues but no matter who is ahead in the polls and pretty much comes down to the money and what the candidates do with it. washington examiner tiana lowe doescher joins me. this is very interesting. how do you see this playing out. we will get into the details a little bit more. how do you see it playing out. >> let's talk about the small
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dollar donors. desantis only had 15% of his total hall come from the small dollar donors which is a smaller share from any other gop challenger. however, on the flipside the majority of desantis donation came from districts that voted for biden in 2020 dispositions him as a wine track candidate, candidates were more educated where astro can dominate the working class and he has not lost a vote evidently. the concern for desantis even though he's making all this money, where is it going there hasn't been that much movement from state to state, he is the second place candidate in iowa also in south carolina which is a big deal because yes editor from south carolina tim scott and a former governor nikki haley but he has not cut into trump's lead like he needs to. there was a moment when he could've been the decisive anyone but trump candidate but
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he has not done it yet that means the dark course of the fundraising hall i believe is tim scott who is rivaling trump for cash on hand using it fairly well. you are not seeing any of the candidates pushing to the double digits in any key states, we can't see anyone who can use marco rubio three, two, one strategy. >> speaking with friends over the weekend from florida they were perplexed as to why ron desantis is not a strong candidate, at least it does not feel that way. he is not resonated on the national level like he has in florida where he's been highly praised for the way he handled the pandemic. his leadership style and that's what everyone's moving to florida et cetera. he seems to stumble out of the gate is he getting better what was the problem and is he addressing it in your opinion? >> desantis one his initial election to become the governor and his reelection in a very similar way the donald trump won in 2016 which is focused on kitchen table issues focus on
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the economy. desantis b and your gillam back in 2018 and the razor thin election by talking about increasing teacher pay while also increasing teacher standards. it's not necessarily a left or right issue as he launched his presidential campaign he leaned heavily on cultural issues without tethering them to the bottom line let's focus on vertical race theory we want our kids to have better math and reading scores. it's been a almost to online election. and that trump is focused on inflation or crime. rather there is a vacuum there the number one story if you look at all the polls is the economy it remains the economy stupid voters have lost 16% since joe biden took office, who is hammering its mike pence and nikki haley. >> tiana i would get back to the debates the first one milwaukee
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does donald trump appear and if he does it is that a mistake or a smart move? >> it is a mistake if desantis or a dark horse like tim scott can rise to the occasion. it is very early in the election. we are more than six months before the iowa caucuses in the debates can really change everything. donald trump is closer to joe biden and the 2020 primary that he was in the 2016 primary but it's not a coronation it is an election. if he goes there's a chance he can be annihilated but we know donald trump is good at sucking all the air out of the room you would probably have a fine debate performance. if he isn't there he runs the risk of someone shining and becoming anyone but trump candidate. ashley: i find it hard to believe that the former president is going to ignore a national stage, the lights in the camera. i think ultimately he will appear but i could very well be wrong. were out of time but a lot of
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ground covered ever get to talk to you later on in the show, thank you so much, stay right there. let's move on to the story it's a big story 20th century fox ceo barry diller says the fox industry is facing the absolute collapse of the ongoing hollywood strike last more than a few months, let's check in with fox news correspondent vilma luken who is the very latest from the picket lines. good afternoon. >> good afternoon as you can see behind you the picketers have started arriving at netflix headquarters in hollywood. this is the first time in more than 60 years that hollywood's writers and actors are on strike together. they have a list of demands the riders want more riders per room they want increase pay and they want regulation of a.i. actors and they want more pay as well in artificial intelligence isn't
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going to take their jobs or replace them in the future. the strikes are expected to cost the industry billions of dollars in losses in the strikers say they feel the absolutely necessary. you mentioned former paramount secretary barry diller is predicting if they go into the fall it will be a total collapse of the industry, here is why. take a listen. >> you can see subscriptions get home which is going to reduce the revenue of all these movie companies, television companies, the result of which there will be no programs in the just-in-time strike is settled that you want to gear up there will not be enough money. >> in the alliance representing the studio production companies are calling the demands unrealistic. as it stands right now it does not look like there is a deal imminently on the horizon anytime soon and the strikes will continue for the for siebel future. we will send it back to you. ashley: thank you very much,
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bill melugin outside of netflix headquarters. let's dig into the financial fallout for the media companies, netflix reporting is earnings later this week. today it is up to present not affected by what's going on in l.a. right now, up $10. constellation research ceo ray wang and kelly o'grady here to talk about it. great to have you both, kelly i'm going to begin with you you are in los angeles. bill says this will go one for the foreseeable future, do we have a deadline or any sense that there is a common ground that these sites can reach an agreement. >> bill is absolutely right. the writers have already been on strike for a number of months, the actors just joined them on friday but you have a situation where studios don't want to pay them more and they certainly don't want to eat into the profits which are struggling because the streaming business
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is really starting to get going when it comes to seeing the prophet. the other big sticking point that you mentioned, writers don't want to give into the demands of the writers and actors have when it comes to ensuring that they are replaced. i'll give you an example. i was a negotiator in l.a. from sag and he said that they want to completely undercut background actors, they want to pay them for one day of work in use in perpetuity. the other side says that's not the case, does not seemed like there is a meeting of the two sides that they are agreeing to anything right now. ashley: ray i want to get back to barry dylan's point he said there will be fewer programs for consumers to watch which will lead to canceled streaming prescriptions which will give reduced revenue and entertainment. once the strike is over there is not one to be enough money available to ramp up production. do you agree with that?
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>> were at a point where streaming will hit us escape philosophy, depends on context, would you don't have content the subscription will drop this is why it's so important barry said it so important to resolve this by september 1 because you mix a gymnast the next cycle for the showstopping, a company like netflix has a little bit more leeway because it sourcing from international sources, everybody else is going to feel the pain this is linear tv when it actually failed and lost subscribers when people cut the cord and subscription business models on how to get profitable. that is the challenge and now the strike hits and this is what makes that dangerous. ashley: also diller said this about a.i. he said it is overhyped to death, he said writers will get assisted not replace. do you agree with that?
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>> i do agree with that we will see better content philosophy and a new script idea, a.i. kicks in and it can move faster and if you want to build better creative, 10000 to choose from instead of a hundred and you can get that into the market more quickly, it is going to assist it is not going to take away jobs but it is automation and we fear automation when technology comes in play. ashley: kelly i'm sticking with diller, he was a fascinating interview. the top studio and top paid actors can take a 25% pay cut as a good-faith measure. i personally do not think they will do that but what do you think? >> i highly doubt that i don't think any actor or studio head is going to say that at this point. i talked to a lot of actors and writers on the front lines and there's so much frustration with the studio heads making millions and millions of dollars when we look at the 90% of actors are barely making minimum wage and are barely making ends meet with inflation so high so there is a lot of frustration there. ashley: a very good point, thank
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you both, we are out of time, ray and kelly thank you for your input that appears to be long-running in l.a. thank you. coming up, recent extreme weather hitting farmers national black farmers association president john boy junior is going to break it all down for us coming up next. ♪ i'm so glad we did this. i'm so glad we did this. i'm so glad we did this. i'm so glad we did this. i'm so... ...glad we did this.
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call today to request your free bond guide. 1-800-217-3217. that's 1-800-217-3217. >> heavy rainfall extreme flash flooding and damage five dead in pennsylvania forcing dozens more from their homes, a terrible situation "fox weather" katie broome is in pennsylvania this afternoon enjoying this with the very latest. thankfully it stopped raining. >> absolutely that is going to help crews as they search for two little ones a brother and a sister, they were in the car with her family when the rain moved in so fast people had no choice but to get out and escape the flooding on foot. among the five people that we
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know that did not make it is the mom of the two kids that crews are looking for right now. they are using boats, canines and air assets in the search for the nonmetal baby boy and his 2-year-old sister. the family of the missing children are here visiting from charleston south carolina. they were on their way to a barbecue when the road they were on that submerged and 4 - 5 feet of water near an nearby creek. the dad grabbed the 4-year-old son and they escape to higher ground. the mom and grandmother went to go get the baby in the toddler and they were all swept away in the water. the grandmother survived. were hearing stories from other survivors, some that held onto trees until rescue crews arrived to the scene. >> i came down from 530 to downhill in the cars are starting to float and survive on her feet paddling down grabbing trees and vines and whatever we could to stay afloat.
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>> crews from delaware and new jersey are helping with the search efforts, they have been able to triple their assets on the ground as far as the search goes improving weather conditions was not operating yesterday but the sunshine is helping today. ashley: thank you very much from pennsylvania from "coast to coast" american farmers are facing a massive challenge from the severe heat and flooding national black farmers association president john boyd junior, great to have you one. what are farmers facing right now? >> farmers are facing extreme heat in the midwest and part of the country and when you have extreme heat like that has a devastating effect on livestock such as poultry and cattle and farmers are going to the disaster aid assistance immediately to make sure they can purchase fee for their cattle and for farmers who have
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crops in the field. three days over 100-degree heat is going to have a rippling effect on crop yields in it may not germinate and make an extreme heat, the agriculture secretary and secretary bill sec to get out everybody is facing devastation and see what the government can do to help these farmers in the complete devastation is going on today. ashley: for the crop growers, how much can you rely on irrigation alone? or is that a savior? >> irrigation help some but you know there is no water like gods water over everything and you can irrigate and it's almost
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like putting a band-aid on when you need surgery. the farmers are going to need assistance. in my opinion the getting the disaster relief from the government and some sort of form in the farmers struggling to make sure that they have hay and other feed to feed their cattle in make sure they can survive in the extreme heat they're getting need assistance there. my opinion, the administration this president and agriculture secretary focused too much on helping farmers in the war and all of these things instead of helping the u.s. farmers right here at home. we are losing our farms in this administration has not put a complete moratorium in place to stop selling our farms with government guaranteed loans and other financials institutions into put a moratorium in place and farmers are face to complete
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devastation such as heat so this administration of my opinion gets an f on how it's treating america's farmers versus how they have treated farmers in a worldly effect, we have billions of dollars for our farmers that face the devastation in the war and thanks to this nature they could put billions of dollars into america's farms to make sure were able to stay on the farm and survive these types of devastation such as heat and floods and other natural disasters that we face every day. ashley: it seems like this is happening now every year. it continues to get worse and were just coming off, last summer was another drop for many parts of the country, here we are again. it is not surprising who would want to be a farmer it is very hard at the best of times but right now it is so hard to
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survive. >> right now on my own farm the crops are struggling. in areas of the field. and when you begin to harvest you will have the maximum yields. farmers rely on maximum yields, the margin of error is in there for farmers and we have to make sure we have a good crop. when the crop struggles and have the yields of the bottom line. we're going to struggle to pay all of our debts at the end of the crop. the problem is the upfront cost such as diesel fuel. were paying for lime, fertilizer, we buy direct, when we sell we sell wholesale depending on what the markets are. it's a hard occupation in my dad would say the hardest occupation known to man. not to have our own government
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fighting for us is another slap in the face for this administration. the second should be our visitors out in these areas facing complete devastation right now. ashley: i hope they hear your message. thank you so much for joining us today, i wish you cooler weather and decent rain, that is gentle rain. i will keep my fingers crossed for you. thank you and good luck. >> thank you, climate envoy john kerry in beijing for climate talks. why is the u.s. only one making travel pan enter plans for these talks. we will get into it next. ♪
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what the u.s. and china are aiming for climate talks as the world's biggest polluter making this the third biden administration official to visit the country in three weeks or recent weeks at least. former state department christian whiton and joins me now. let's begin there, why isn't china coming here? >> the summer of love, it's one way love. it's a situation where kowtowing bowing three times in a meeting with chinese, or chinese counterparts. it is basically the united states looking desperate really wanting and delayed and put off
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by the collapse of afghanistan to getting organized. and that in fact a policy of china. ashley: it comes if china is ramping up the reliance on coal production. it is ridiculous. what do you think will get out of this, are we wasting our t time. we are wasting our time, john kerry is desperate this is the swansong of a career of public service. china is going to break the record for carbon emission, the world leader as she equips us in that. you have a lot of the green initiatives around the region, japanese companies being forced or browbeaten to divested other countries and power plants in italic they get shut down entered into nuclear natural
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gas, they get sold to chinese copies. this is true across the region. listen we want to see if there's any money involved because they're still developing nation, you the rich countries out of pay us to go green but then i can make any sacrifices themselves. ashley: was also bowling to me, china likes to call it self developing economy. therefore it does not have to and it doesn't have to comply with other standards china is the second biggest economy and hides behind the title of developing economy. i find that ridiculous. >> they do it on all sorts of things when it comes to financing and they cry poor. if they look at who's kicking in and the traditional g-7 countries and big debts sending
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abroad is borrowed and if we consider that with our consumption and deficit spending and if china's model is so brilliant and you see the chinese and the american economy is coming to a halt is for growth, should be happy news for the climate alarmist that their religion will be satisfied with fewer carbon emissions but it doesn't seem to be pleasing them with a direct correlation between carbon emissions and weather. >> i saw john kerry getting a bit snippy i saw people talking about him jetting around the world it is private jet and he still jetting around. couldn't he have done this by videoconference perhaps? >> would've been a lot pleasant for everyone. it's 104 degrees in beijing
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today. subject anyone to hours of meetings with john kerry, something to fall back. it's not like you did a big secret service he could fly commercial but guaranteed he did not. >> a bid that's never going to happen. terrific stuff as always. thank you for talking with us about climate change in china. always a popular topic. thank you. now this, is joe manchin gearing up for a third party run. what the west virginia democrat senator is doing in new hampshire tonight. were going to get into after this. ♪ (vo) while you may not be a pediatric surgeon volunteering
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ashley: the no labels movement holding a commonsense town hall is what they're calling in new hampshire. their head lighted by the events senator joe manchin fox news correspondent has the very latest. you said it no labels billed itself as a national movement born out of frustration with amicus political parties and extremes on the left and the right in the group is openly unapologetically prepping for a potential third-party bipartisan presidential ticket in 2024 and hosted the townhall future not just editor joe manchin john has been a republican no labels promises a commonsense approach to help restore america. a policy booklet by that name
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touting centrist position, former congressman joe lieberman, onetime democrat turned depended is a founding chairman. >> we made very clear that were not in this to be spoilers and were in this to give the majority, the american people who feel the major two parties are failing them of their choice. >> no labels is working to secure ballot access nationwide. democratic party are doing handwringing over this, former alabama senator doug jones is among those joining the bipartisan effort took dorothy party move that could cite the book hampering president biden selection. >> it's like they will be in favor of donald trump in a biggest threat to democracy that we've seen since january 6. >> as to the spoiler charge, lieberman vows of polling shows that no labels will help i do
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major party candidates and they will not get involved. no labels has an insurance policy that they published promising to run a unity ticket only under certain conditions and they have not yet committed to do so. ashley: fascinating stuff. molly, thank you very much. back with us the washington examiner tiana lowe doescher. what do you make of the third party all bipartisan unity ticket. it maybe sounds great but what is the reality here. >> i think no labels is asking what a lot of us are, perhaps neither the democratic or republican party should be nominating a candidate that will be pushing 90 if they win a second term in office. but no labels is really banking on that the double hater vote will be palpable, the double hater are winning polls that like neither of the two major candidates. in the 2016 election this is one fifth of the tire electorate in
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trump won the double hater vote by 17 points. the 2020 election the double hater vote was only 3% of the electorate. even though trump won the vote it did not matter because joe biden in-depth in the 2020 election despite the left wing pullman 80 in the lincoln project is really mad about no labels potentially ready to candidate it goes to show this is a democratic effort to squash it. it's unclear it would help donald trump. think about the last successful third-party candidate ross perot clinches the presidency for bill clinton. also it is a matter if you're talking about which candidates are going to return to the mat or voters are going to return to the mat for the candidate org forgetting the fact that trump came within the margin that was before january 6. that was before the indictment in those only help them in a primary but in a general election biden still may come across as a more electable.
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ashley: we will see if it gets any traction. it's interesting to talk about. i want to shift gears. alarms being raised as a new report finds the $5 trillion congress spent on the pandemic relief efforts have been so difficult to track. it even stumped government investigators. this is what happens in my opinion when you get the government involved it throws out money like cheap candy and all of a sudden they don't know what is being used for. >> absolutely, we recall 40% of all dollars currently in existence were printed in the last three and half years. it is not that surprising with the government was trying his race to get out the stimulus not that we really needed it after november or december 2020 because we had the vaccines and that was supposed to be her stimulus. the trump administration was pretty open in the beginning when they were talking about the covid relief checks. we need to get them out there,
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they did not want to means test them and that makes sense to an extent. recall anyone who is able to access the social security number and a name effectively able to register for the covid air programs in the covid pandemic relief was a lot bigger than your one time $1400 check was a paycheck protection program. it was various forms of taylor made reliefs and the fact that there is tens of millions of dollars on the table on the federal level and allocated to the states. and as evidenced by the inflation rate with the quiddity. >> i rolled my eyes, it is all of her money being thrown into the great abyss never to be seen again. so frustrating. thank you so much for covering a lot of ground we really appreciate it. ashley: time to check in with taylor riggs in the big-money show and see what they have coming up in about 15 minutes.
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>> yes, sir, a lot of big "varney" coming up at 1:00 o'clock. the big-money behind the big union strikes. it is the writers, actors, ups we maybe have a pilot union deal but the economic impact behind the strikes that is something that were diving into plus economic impact of some of the offshore wind farms taxpayer money going to a foreign company we have the new jersey state senator edward set to join us at the top of the hour. more "coast to coast" after this. ♪ this thing, it's making me get an ice bath again. what do you mean? these straps are mind-blowing! they collect hundreds of data points like hrv and rem sleep, so you know all you need for recovery. and you are? i'm an investor...in invesco qqq, a fund that gives me access to... nasdaq 100 innovations like... wearable training optimization tech. uh, how long are you...
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>> people with college degrees are the most fortunate people on the planet, they of a college degree from an american university you are amongst .0001% of the people on this planet. you will have a better life, make more money, your children will live in safer communities than you will express the ultimate american dream. ashley: fox business charles payne sounding off on the value of a college degree. of course while the debate rages on over president biden student debt forgiveness, joining me now
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is ken coleman himself. let me begin right there is charles right when people with degrees are much better off. >> i love charles i've been on his show several times and done town halls. and he's referencing something that has been culturally true, that's what culture has told us for many, many decades. in the data has actually supported him in the past. i've got some new data out four and ten college students who had just graduated our look at in jobs at a traditionally not require college degrees. those students who were in those jobs are making over $10000 less for their coworkers, they don't have the experience. were also seen 11 states, the governors have announced they are removing the college degree requirement for jobs in the executive branch, delta air
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lines art can go on and on and on with big-name companies that remove college degrees is a requirement, the trend is going the opposite way. this is leveled the playing field, this is good for americans. >> i tend to believe college isn't for everybody. what advice to give to the person out there who has high school graduation but is not gone to college where do they get out of the rut of minimum-wage jobs, what is the best course of action. >> what do they want to do and do they have the talent necessary to do that. i'm not teaching on high schools in america unfortunately. we are teaching them the assembly line to get a good degree in a good school and help you get a good job. that's no longer the best choice. let's look at the trades. if you are someone who is very gifted with process thinking, good with her hands and enjoy being outside have a great trade school, you can get into trade
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schools such as welding and making $50000 a year out of the trade school in the classroom a few days and on the job site. that is what example. technology trade schools. i endorse a trade school called bethel technology. listen to this nine-month program online less than $15000 a year, the average student is coming out making 75 - $100,000 a year. cybertek all of that, the world has changed, what is it that i want to do you need to get from a qualification standpoint and do i have to get it in a traditional four-year degree, those are the questions that you were asking. ashley: great advice, almost out of time are you a supporter of student loan debt forgiveness? >> no i am not. it's bad business, number one adds to the deficit, it's bad political policy. it penalizes people like me that paid off our loans on time and
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the millions of others that have done it, here is the question why are we stopping the student loan program why are we continuing to give out loans today as we speak, this is bad policy. ashley: great stuff, thank you so much for joining us with real common sense advice. really appreciate it. we are going to take a break. we will have more "coast to coast" after this.
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ashley: let's take a look at tesla stock it's moving higher today, up 2% as it finally begins production on the cyber truck. this comes after years of delays, the question is it a game changer. a funky looking futuristic vehicle. consolation research ceo ray wang is back. tell me about this. elon musk has talked about it for so long, here we are. is it a game changer. >> is totally a game changer it does look like mad max has come to life. one of the things that is important to know here. ashley: do you think the demand is high? >> the demand is very high. the preorders were pretty good.
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ashley: how much is the pricing? >> a great question they come in three models, one has one motor, one has two motors, one has three the motor comes in at 39.99. the two coming in at 49.99 and three coming in at 69.99. three gets 0 to 60 in 2.9 seconds. were talking about towing capacity of 15000 tons. this is going up against the f150, the number one truck in america this is what you notice today/$10000 off the f150 lightning in response just in case. i don't know if it was for this announcement but what's been happening this is the number one truck and the biggest profit margin for ford. ashley: you mentioned the lowest price is an ev truck right around $50000, 49.995. is this going to be a big winner
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for tesla this truck, do you think? >> this is a big winner it opens up another line for 7500 federal credit that you get for the truck and the truck is over 600n for tax reasons as section 179 to deduct 40% right away and leaves a competitive it's a spot that tesla has been missing which is a high-margin pickup truck sector. ashley: got it, thank you so much i expect you to drive around in one of those any day. that doesn't for cavuto "coast to coast", thank you for joining us. taylor riggs and the big-money show coming up to take you through. >> are you a cyber truck kind of guy? ashley: i did not think i was but the more i see the vehicles, the more i am a little tempted. i'm not sure my wife would
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