surveillance are camera that was inside the house. they were, like, come on in, buddy, have a few drinks. happy hour time, tripod. >> couldn't you expect the can to look a little crushed there? >> very dell can candidate. i tell you one thing, he's going to love it when they get that pickle pizza in there. [laughter] >> right? >> the pounds are just going to pack on triodd to. pickles, pineapple, garlic sauce. even garlic sauce, cheryl -- >> now, that is a hard pass. hard pass. [laughter] cheryl: god. lee, rebecca, brian, thanks the all of you. and catch brianed today, 1 p.m. on "the big money show," there you are. >> hey. cheryl: all right. "varney & company" is up now. stu, take it away. >> good morning, cheryl. good morning, everyone. china makes a big move in the contest with america. government workers there will no long every be -- longer be allowed to use iphone, can't even bring them to the office.

apple's sock down just a little. the price of oil up, into the mid $890 per barrel -- 800 per barrel -- 80 per barrel range. 86.48, is your price. the price of gasoline, little changed at $3.80, but watch out. with oil at these levels, $4 gas can't be that far away. to the markets. as the gap between the 2 and 10-year treasury yields narrows, the threat of recession recedes. the 10-year right now is at 4.24, the 2-year at 4.90. where are we? 4.96, but the gap is narrowing. that's not helping stocks much this morning. plenty of selling yesterday and a bit more today. the dow off about 70, nasdaq down about 40. bitcoin, well, that remains at $25,000, 25,6, to be reprice. politics -- precise. the president heads overseas today, first to europe, then to the g20 the meeting, and he will be masked following paris lady's

positive -- first lady's positive covid test. the alarm bells are ringing. surely we're not heading back to covid mandates. senator rand paul says not a single healthy child has ever died of covid. on the show today the education crisis, academic standards still declining. absenteeism rampant, and yet the schools are convulsioned by bathrooms, gender seasonality -- a boy in the spring and a girl in the fall -- when will the education establishment be held accountable for the mess in and the new york times gets it right. economist brett stevens writes why so many americans are down on biden. it is wednesday, september the 6th, 2023. andny and company is about to -- "varney & company" is about to begin. ♪ ♪ ♪ i'm winning, i'm winning ♪

stuart: winning by san tan a that. not a bad choice. i'm looking out at sixth avenue, not that many people, and i'm not surprised. it's going to be 96 here today. that's kind of hot, folk. in thest poll, donald trump has 52% support among republican voters, 34 points ahead of ron desantis. now look at this one, most republicans are not seriously concerned about trump's criminal charges and how they may hurt his chances to win in 2024. most not concern. ben domenech with me. this is not what the democrats expected, is it? voters don't seem to be fazed by trump's charges. what do you say? >> well, i'm not sure i agree with that, stuartment i think democrats really wanted to have a situation where republican voters and leaders don't think this is that big of a deal, and

then i think democrats want to spend most of next year trying to make them a very big deal, trying to prevent the return of the former president as a republican nominee in making basically the case to the voters that it's impossible to have him, you know, even on the ballot perhaps in some -- stuart: but, ben, it's not working so far. i mean, it's not working so far, is it? >> yeah, it's not working. it's not working so far, but i don't think that was designed concern i mean, from my perspective, stuart, i actually think they really do want donald trump to be the mom me because they view him as unelectable, as inherently flawed, someone who independent voters are never going to accept as being someone who can return to office with, you know, mug shot and all the legal challenges that he faces. i think though that, as i've said to you before, that's a very dangerous bet for democrats to make because they're basically saying things can't get so bad that independent voters will turn away are if joe biden. and i think the truth is things

can get so bad that independent voters will turn away from joe biden, and they'll basically say, look, we tried this out, and things got worse. the economy got worse, the border got worse, our foreign policy got worse, everything got worse, and we are willing to entertain the idea of a return to the white house for former president trump because things were better under him in so many different respects. stuart: got it. now, did you see this? vivek ramaswamy says he wants donald trump to be his adviser if he wins, ramaswamy, in 2024. watch this, trillion it. >> working with donald trump when i hope he's my adviser, frankly, my mentor to. >> you managed to say you thought donald trump would be your advisor with a straight faces there, vi reck have -- vivek. the idea of trump playing second fiddle, i think, is highly unlikely. stuart: is that a case of vivek ramaswamy expressing chutzpah? would that be right? [laughter] >> i think it's very cute, but i also think that vi sec

campaigned -- campaign generally is very cute. it has all of the hallmarkings of a precocious student who has read the wikipedia page about a topic before he runs the class and now is very confident that he has the solution for every problem related to the issue at question. look, i don't have a lot of respect for vivek ramaswamy. i don't think that when you look at his record, when you look at his business past and when you look at all the different opinions he held as recently as two or three years ago ago, you can find someone you can have confidence in. i think he's playing a game, and i think that that this is another example of how unserious he is as a candidate, the idea that donald trump would be his leading adviser is just very, very silly just as much as the idea with that russia would be able to do a pinky swear or something like that, that they wouldn't work with china in exchange for getting what they want out of ukraine. it's just a sr. sill ily candidacy, and i think, actually, the people are waking up. stuart: ben, forgive me for repeating the joke, but chutzpah

is defined as a man who kills his mother and father and pleads for leniency on the ground that he's an orphan. i thought it was funny at the time. [laughter] ben, thanks finish -- >> that's great, i had not heard that. stuart: ben domenech, thanks for being here. >> great to be here. [laughter] stuart: president biden has tested negative for covid after first lady jill biden tested positive. squawk key deangelis with me -- jackie deangelis with me for the entire hour. is the president going to start masking up? >> kjp said he would, he showed up to that medal of honor ceremony, he's putting the medal of honor on a vietnam vet who's old as a well, and he's not wearing a mask. here's what she said at the press podium. >> he's not experiencing any symptoms. as far as the steps that he is taking, since the president was with the first lady yesterday, he will be masking while indoors and around people in alignment with cdc guidance.

and as has been the practice in the past, the president will remove his mask when sufficiently distanced from others indoors and while outside as well. >> so do we have that video? because he was in the masked, and he was standing right next to this guy who's 81 years old, by the way. and it's just, it's complete craziness. i mean, if you want to say that we still have a covid problem, then you need to be wearing your mask. stuart: you're right. i think you're dead right on that one. it was a surprise right there. we've got one more for you. we've got a few fed -- new fed study, and it shows how long the negative effects of the rate hike increases will last. how long? >> at least a decade. and what i think is really great about this study is that it shows you, it's it's the almost like a boat senate ocean. when you raise rates at the wakt leaves a wake for a long time. here's an example, stuart. in response to a 1% interest rate increase, real gdp would

potentially be 5% lower in 12 the years than it otherwise would be. is you see the economic damage that we do from all of these rate increases to fight inflation that shouldn't have been there in the first place. this disastrous policy, basically, is going to cost america for 10-12 years. stuart: that's a long time to go. 5% of gdp. >> yeah. stuart: thanks, jackie. stay there, please. let's look at apple. the stock is down a little bit this morning, not by much, but the story is here: china has banned government officials from using iphones for work or even bringing them in to the officety gabor with me -- eddie gabor with me now. you normally look at the overall big picture stuff, but i want you to the look at apple. what impact does this have on apple in china? >> it think it reconfirms the geopolitical risk we have with china. they've escalated the level, and potentially is a big deal not

just for apple, but other companies that do business in china. it shows how vulnerable we are to the fact that they can just snap their fingers and make a change across the board that affects and impacts demand. and this is why investors need to be the aware of the geopolitical risks and find ways to hedge themselves. one hedge, in our opinion, that we've been doing is buying india. we think india's going to be a big benefactor of this business warfare with the u.s. and china, and that means more tech companies like apple, amazon, other ca companies are going to be investing away from china and into india. in the interim it takes a while for that transition. it could certainly be a headwind for some of these multi-national companies. stuart: give me an an unya stock that you put your people into and which is easy to get into. give me a name. >> we use the etf. so we are buying into the etf for india, inda is the symbol for that. we find it's a very tax efficient way for investors to

get broad-based exposure. and india, to us, is going to be a multiyear growth story. their economy right now is accelerating and heading upwards, and this is only going to get better for them as the tensions with china. so china's the loser in the long run, india will be the winner, in our opinion. stuart: real fast, you still like 5% treasuries for old older people. let's put it like that, seniors. >> yeah, look, we've been forced to take the unnecessary risks because rates were at 0% for years. retirees can coffer the cash flow needs they need and take the remaining portion of their portfolio in this uncertain time and take risk this. you can take lower risk, in our opinion, and still achieve the goals that you need financially. and let's wait and see what happens is and leapt the dust settle, and then you can take on incrementally more risk. but, hey, this is a change that i welcome. i think rates should stay where they are.

investors should get paid to save money. stuart: got it. 5% is a attractive. eddie ghabour, thanks for being here. >> thank you. stuart: a new book claims president biden, quote, fumed to his friends he was treated like a toddler, end quote. the white house though having none of it. roll tape. >> reporter: president biden is the oldst president in u.s. history. why does white house staff treat him like a baby? >> no one treats the president of the united states, the commander in chief, like a baby. it's ridiculous, ridiculous claim. stuart: there's more where that came from, and we will get into it. president biden will attend the g20 summit this weekend. is he still the leader of the free world? florida congressman mike waltz on that next. ♪ all around the world people want to be loved ♪

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stuart: secretary of state antony blinken in kyiv this morning expected to announce over a billion dollars worth of new funding for ukraine's war effort. alex hogan joins me. any word on how this money will be spent? >> reporter: hi, stuart. we expect this entire package to be laid out in detail later today to, but we do have some expectations of what package will likely include, notably military support for security assistance for the front lines as this war rages into the 18th month and, or of course, much-immediate ifed humanitarian aid. today secretary of state antony blinken is meeting with top ukrainian officials including, of course, volodymyr zelenskyy, and he's expected to take a look at the importance of ukrainian

reform to counteract corruption in the country. the secretary today the reiterated america's solidarity with ukraine. >> i'm here in large part at the behest of president biden to reaffirm our commitment to stand with you, to stand with you to help insure that you succeed militarily and dealing with the aggression but also to stand with you to make sure that your efforts to build a strong economy and a strong democracies succeed. >> reporter: talks today are also likely to touch on the problem of how to safely are export much-needed grain. nearly 60 president of ukraine's grain goes to developing nations around the world. earlier this week during that talkings with turkey's president, putin said moscow is not renewing deal to allow grain to leave ukraine's port until the west further supports

russian ago agricultural exports. just within the last hour, stuart, ukrainian's presidential cabinet has announced that russia has struck a small town just with outside of the contested town of bahkmut killing at least 16 more people. stuart. >>? stuart: alex, thank you very much, indeed. "the wall street journal" reports china has banned government officials from use e phones at work. iphones at a work. at the same time, president xi jinping will not attend the g20 summit in india. sounds like a little isolation here. florida congressman mike waltz joins me. congressman, i think there's a new world order taking shape. my question is, is president biden the leader of the free world? >> well, stu, i can tell you for certain there are millions of people fighting for their freedom many in afghanistan and in iran, cuba and venezuela, that they're doubting if he's still the leader of the free world for certain.

stuart: what dueck? -- do you think? and well, look, stu -- [laughter] this is, what you're seeing with xi not attending g20 is his further efforts to realign the world order led by the united states and by the west. he is looking to do everything he can to sever the united states' relationship with europe, the united states' relationship with the economies in the pacific like japan, south korea, australia and then embolden -- there's a reason he didn't attend the g20, but he is attending brics to embolden what hay call the global south and to enhance china's relationships with latin america, south america, the middle east and parts of south asia. they want to replace the united states. xi plans to replace the united states. and part of that is sidelining some of these organizations that

the u.s. has traditionally led e and then enhancing others that china has a leading are role in. stuart: change the subject. senate majority leader assume orer, he says the only way to avoid a government shutdown is bipartisanship. roll tape. >> the only way to avoid a shutdown is through bipartisanship. so i urge, i plead with house republican leadership to follow senate's lead and pass bipartisan, democrat and republican, appropriation bills support by both parties. stuart: senator schumer is pleading with you, congressman. what's your response? [laughter] >> well, it doesn't surprise me that senator schumer just wants the spending spree to continue. he wants same old-same old, status quo. the am of domestic -- amount of domestic nondefense spending has exploded over the last few years. we've got to cut it back, stu.

it's just not sustainable. our debt is exploding, inflation is still there, people are living paycheck to a paycheck and throwing more money at progressive government programs just isn't going to work. it's not sustainable. our balance sheet can't handle it, it's got to sop stop. and, look, washington, d.c. never acts unless it's faced with some type of crisis. and so now is the time for us to get our spending under control. stuart: you don't mind if there's a government shutdown? >> well, look, i think we should always avoid a government shutdown and do anything we can. we need to pass these appropriations bill, but we need to get good conservative policy in there there. and i think that's what you're going to see over the next month. stuart: i want to turn to immigration. you and i have talked a lot about immigration, and the migrant situation seems to be the exploding all across country. it's becoming a much more important issue. >> yep. stuart: is it a big issue in

next year's election? >> well, i think it's going to be a huge issue. i have led the effort the take on the cartels, to use military resources. that can be satellites, cyber, drones, what have you. it's not an invasion of mexico like the media wants to spin it. we're on a cartel task force. that's the, in the house. that's the key here, stu. these cartels control 30% of mexico and our border, and they're pumping people, fentanyl, weapons, and if this was isis or al-qaeda doing this, it wouldn't even be a debate. we've got to take a stronger stand, and i think that's what you're seeing now in the republican primary. and in terms of the popular view of it, when you have people taking over soccer fields in new york city, when you have tenses of thousands staying in hotels and then being offered a job by mayors, that is right on people's front doorstep, and you're seeing a pushback across the board from chicago to new

york to all kinds of other sanctuary cities. this is no longer a border problem, this is now a main street problem, it's gotten so bad. and i do think you're going to see voters taking it on as a huge issue. stuart: china, government shutdown, migrants, covered it all. congressman, congratulations in three and a half minutes. that's good stuff. [laughter] see you again soon, thank you, sir. quickly check futures, i see some red ink, dow down 60, nasdaq down 30. the opening bell is next. ♪ ♪

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i was told my small business wouldn't qualify for an erc tax refund. you should get a second opinion from innovation refunds at no upfront cost. sometimes you need a second opinion. all these walls gotta go! ah ah ah! i'd love a second opinion. take the first step to see if your small business qualifies. stuart: all right. the markets show some red ink but not much as we go into the trading session three minutes from now. shah gilani's with us. i know you're a bull, so you tell me what worries you the most. finish -- >> what worries me the most, stuart, is maybe a gee. >> political event -- geopolitical event. i think the negative rhetoric

between the u.s. and china seems to be the's escalating, and i don't think that bodes well. i'm afraid china given the stresses on it economy may doing something outside their borders. i'm not saying that they would start an aggression, but it's not the really beyond the pale for them to do something like that. i think as dire as the condition their economy really is in, the that probably worries me the most. and then again we see inflation holding higher than anybody expected and rates starting to tick up again, i think investors are questioning whether or not the fed is done and whether or not we have inflation urn control and whether or not rates can on their own go higher, and that's a worry for investors. stuart: but we're always, always climbing a wall of worry on wall street. that is the nature of investing, isn't it? >> it is. stuart: absent the dark clouds, you're a bull, and you're dip buying, and and you think things are going up, right? >> yes. we're in a clearly defined new

bull market. we haven't had a single 10% depression, even close. investors are invest, there's plenty of ammunition on the sidelines. yes, there's a good amount of yield to be had in money markets and cds, etc., etc. but when investors look at what the market has done relative to, say, a 5% yield on a money market or certificate of deposit, it pales in comparison to what we can do. the second half of the year i think the market has another 10% higher to go, all boats rise with the tide. stuart: that sounds like the shah gilani of yesteryear, and we love it. don't be a stranger. all right, bell is ringing, banker hits the button to, and the nasdaq is open, and so has wall street, as in the dow industrials. we're on the downside, not by much. in the very, very first few seconds, the dow's off by 75 points. there you go, it's falling.

down one-quarter of 1% and most, repeat, most of the dow 30 are in the red. let's see about the s&p 500. where where's that as we open up trading? down a quarter of 1%, just like the dow. how about the nasdaq? down exactly one-quarter of 1%. may i say that that is uniformity across the exchanges. big tech, two winners, meta and alphabet. three losers, microsoft, apple and amazon. and now this, intriguing stuff, the european commission -- ah, those europeans -- [laughter] they've designated amazon, apple, meta, microsoft and as gating keepers. what does that mean? >> it basically means they want them to regulate themselves with respect to competition, things like security and privacy that matter to the public. some are skeptical that this digital the markets act that's being implemented in the e.u. should be regulated by the companies themselves. that maybe you need an outside arm to sort of monitor what's happening because, you know, you might think they would act in

their own interest. but what is also interesting here is we mentioned alphabet, amazon if and meta. the other companies are apple, microsoft and bytedance. stuart: there's a shock. >> yeah. i thought that was really, really interesting, to be able to watch -- obviously, just so people at home know, basically the owner of tiktok. stuart: ask they want more self-regulation from big tech. >> right. uh-huh. yeah. eyebrow raise. stuart: well say. arm, as in a-r-m, they'll go public on the nasdaq next week. this is a chip design firm, and it has caught the interest of some very big tech companies. it's an a.i. play, who wants to buy in? >> apple, google and nvidia want big stakes in this company. now, there was a fail merger or purchase agreement in 2020 the, and that's why this company has the opportunity to go public on the nasdaq. but basically why those companies care is because this is a company that designs the architecture for

microprocessors, very important for apt i.. companies like tsmc, intel, amd that a make those microprocessors, they want this advanced architecture design, and that's why apple, google and nvidia want in on this. stuart: that's to going to be one of the biggest ipo tos for a long time. >> yeah. there's going to be the huge appetite for this. stuart: okay, next week on the nasdaq. got it. meta. are employees back in the office full time? >> eye roll here, three days a week. they were informed in june that back to office is happening for the company, so three days a week is what they have to do at least. they have to come to a physical lower case. listen, the banks are saying they want you back five days a week, but all these companies are are realizing you miss manager when you don't have that interaction and people are working behind screens or possibly not working at home. stuart: do you know that the eye roll is the first clue to a divorce in? did you know that? >> no. stuart: the ceo of zoom, i have a question about this, is that person, the ceo, trying to take

on microsoft? >> well, in some ways. microsoft has some technology called teams, and it's basically a zoom-like operation where people can in office groups do virtual video work. and so zoom is not happy about that. zoom has taken a hit on its stock as people are going back to the office. so it's looking to kind of, you know, tamp down any competition that's out there. but this is like a call dashboard, is what they call it. so they've got some issues, and bloomberg is reporting that the ceo is making some' marks -- remarks at that goldman sachs conference about the competition and what's out this. stuart: okay, got it. how about roku? i know that they're cutting 10%, and the stock is up 11. the two are linked, i take it? >> absolutely. it's cost out cutting. they're killing 3000 staffers' jobs -- 300. 10% of the work force. this is after they hired 200 in november of '22 and 200 more in

march of '23. they're going to take a charge for license platform in the next quarter, but investors like that because, listen, if you have problems, you try to scale back even if it means hay aring off people. this is a jerome powell problem, right? he said people were going to have to lose their jobs, and it's the happening now. stuart: got it. roku is now up 12.5%. thank you, jackie. take a look at the big board. we've slipped. we're headed south. we're down exactly 100 points. 34,530 is the level, and that means the dow is down well over one-quarter of 1. salesforce, unitedhealth, chevron and is that walmart? yes, it is, right on the bottom -- couldn't read it properly. they're up. dexcon, american airlines, delta airlines. very interesting, i think they've got a partnership with the ghost -- g.o.a.t., that would be that great quarterback. what's his name again? tom brady. thank you very much. you forget things when you get

old. >> i love tom. stuart: they've got a partnership deal. nasdaq winners, charter communications, old anyone on-- i don't see any really big names out there, which is unusual. the 10-year treasury yield, where is it, he asks. should be on the scream. it's down a little today, just below 4.25%, but the gap between the 2-year and the 10-year is closing, and that suggests that there's less of a risk of recession. the price of gold, where is it today? it's $1948. bitcoin, i'm pretty confident it's around 25, 7. no, 25,6. we'll take it. the price of oil, that's got a lot of tongues wagging here because it's up again, just inching higher, but the it's at $86.78 as we speak. nat gas, i don't really care about this. i don't care whether it moves up or down, it makes no impact on the economy that i can see. okay, the price of gas, national prices for regular $3.80. but watch out, with oil moving up to the upper $890 a barrel

range -- 8900, you could be in for a surprise soon. and diesel at 4.45. that thing is moving. coming up, republican mike pence praising new york's democrat mayor eric adams. roll tape. >> i've got to do a hat tip to the mayor of new york who's beening willing to call president joe biden and his administration for their absolute failure the secure the southern or border. stuart: i'm telling you, the border crisis is front and center in 2024. alex murdaugh wants a new trial. more on that with martha maccallum who will give us a sneak preview into the house of the fall of murdaugh on fox mission. she's coming up on the 11:00 hour. a crisis of confidence in our education system. who's to blame? president trump's education secretary betsy devos is here on that right after this. ♪ ♪ school days, school days ♪

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stuart: 11 minutes into the trading session, the dow is now down 119, a much shawl -- smaller loss for the s&p and the nasdaq. let's turn to education, hot topic. academic standards the, by the way, are still falling, and an op-ed in the new york times sounds the alarm on learning loss. it reads and i'm quoting, we can only fight learning losses with accountability and action. former education secretary betsy devos joins me now. madam secretary, who's to blame for this failing education system? >> well, good morning, stuart it's very clear that the teach orer unions and the whole cabal that supports the teach or unions have continued to lead the way on keeping kids out of school during covid and and now

continuing to pull nonsense day after draw. the fact that secretary miguel cardona is doing a back to school tour today and invited randi weingarten and becky bringing to join him goes to show that the focus is on adult issues and on politics, not on kids and what they have lost, tragically, over the last several years. stuart: we understand that americans generally are losing faith in higher education, the college level. as if a college degree these days, is it really not worth that much? where do you stand on this? >> well, that's right. you know, there's a lot of countries, a lot of our competitors in the world have really doubled down on providing options and paying attention to beyond high school opportunities for their students at a much lower level of cost than what a united states higher education.

the higher education costs here have been going through the roof, and more and more americans are losing faith in the opportunity that higher education used to represent, and most, you know, this notion around forgiving student loans, forgiving student debt only serves to fuel that flame of increasing costs, no accountability on the higher ed institutions part for the quality of the product they're providing. stuart: i remember when you were education secretary in the trump administration. the left would scream at you. they'd shout abuse right at you. do you peel vindicated? >> well, this has been my passion, to provide opportunities for kids, for 35 years. what i'm pleased to see today is that american families have a awakened to what we have known to be the case for decades.

the system, the government-run education system for k-12 kids has failed millions and millions of them, and families have have final hi awakened to that -- finally awakenedded to that, and parents are finding their voices. that is really important. republican governors are leading the way on supporting policies to empower parents and put the control for education back in their hands to make the best decision for their children. frankly, that's the only way we're going to find our way out of the tragic learning loss pros that we've experienced -- losses we've experienced these last several years and the that somewhere jekyll arely we've been on for many years is empowering parents to make the decisions through education freedom. stuart: we have several candidates who have wered for the second -- qualified for the second republican debate, christie, haley, desantis, ramaswamy, trump and senator scott. in your opinion, which of these candidates is strongest on education, from your point of

view? >> well, all of them have said the right things at a high level around education starting with empowering parents to the make the decisions for their children. what i hope we'll see at the next debate is much more focus on actual solutions. what are they going to do as president that would empower families, that would empower kids to have the best chance at a future. and they have to get a lot more granular. this topic, i think, is one that needs to be front and center. this really does -- education represents the future for our country. if we aren't preparing the rising generations to take on leadership, we are failed as a country. and we have seen the failure perpetuated in the government-run k-12 the system. let's get more granular on what their solutions are. stuart: school choice should surely be front and center for next year's election amongst all

these candidates. school choice -- is that the key, school choice? >> i think at the core education freedom policies that support the education dollars following the child will bring about most rapid and significant change in achievement levels and learning experiences for kids that are going to be positive and put them on the right trajectory. absolutely, i think this is core to the future for education in america. we we need to hear more about it from the candidates, ask we need to have a whole new laser focus on the importance of education for our nation's future. stuart: madam secretary, may if i just give a quick programming alert, the second debate is september the 27th right here on fox business. i'm going to be just one of the three moderators. before you go, madam secretary, i understand though that you have a problem with current education secretary miguel cardona.

something about his playlist? i don't get it, what's the story? >> well, as i understand it, he set about on his back to school tour which most secretaries do in the fall as school opens up again, and the playlist was filled with songs and pieces that have horrible lyrics that parents would not want their kids listening to. and it's a sad representation of how far out of touch in this secretary and all of his allies in the teachers' unions and the biden administration are with where families are today. stuart: got it. madam secretary, betsy devos, much appreciated, ma'am. >> thanks so much, stuart. stuart: sure thing. how about this? the university of michigan asking students who test positive for covid to leave their dorm room. where are they supposed to go? >> this is crazy. they want them to either go stay with family and friends or get a

hotel room. you can't have covid on campus even if you have your own room? you can't isolate? you've got to get off campus. it's fine if you give it to your mother, your friend or minute else. and if you do have to stay in a hotel, look at what the costs are to go to the university of michigan as it is. and now, what, if you have to quarantine for ten days, you've got to add the expense of a hotel room to that? again, here we go with the hypocrisy. are we many covid or is so -- covid over? let's do it straight across the board and make it pair. stuart: the people least at risk. >> and those people have probably had it one, two the, three times, is some of them. stuart: thank you, jackie. coming up, the vast majority of americans do not see our country or our future as bright z or positive. why the pessimism? that's my take, top of the hour. britain tried to get people to use less electricity last year. they gave them cash. it didn't work.

ashley websters has our report after this. ♪ ♪ my energy, energy, energy. ♪ taking all of my energy, emergency ♪ to duckduckgo on all your devie

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stuart: for a second year in a row families in britain, u.k., they can earn money if they cut their electricity use. ashley webster has the story. ashley, weren't there some problems last year with this program? ashley: there were. you know, meters not working or overcharging. sounds like a government scheme, doesn't it? it was in the u.k. and imagine though being paid to stop using household appliances at certain times during the day. well, it is happening in the u.k. again this winter, and hundreds of thousands of households are signing up to help the country avoid power blackouts in the coldest months of winter and, yes, get some cash in return. not much, but urn the the scheme call -- under the scheme called the demand flexibility service, customers are rewarded with cash for not using appliances such as ovens, washing machines, dishwashers, even game consoles curl peak if how were -- during peak hours.

customers are paid about $4 per kilowatt hour six times over a period of 11-3 hours. -- 1-# 3 hours. households could receive up to $25 the each time they cut back during those specified times. the u.k. to's national grid says this plan if works despite some of the kinks saying, quote, across last winter the demand flexibility service successfully demonstrate thed the the interest of consumers and businesses in playing a more active role in balancing our electricity needs and to be rewarded with savings for for their action in the process. now, the plan relies on users having a smart meter that automatically transmits energy usage to the provider every 30 minutes. so there you go, they're keeping a big i eye on you. so no dishwashers or oven toes, but, you may ask, what about electric vehicles? wouldn't that be ironic? the u.k. government says each household has the leeway to

decide what items are hut down at the most critical times. stu, you know the u.k. relies on importing gas for its electricity, and when demand goes up when it gets cold, it gets really squeezed. stuart: i understand that. i remember it well, as a matter of fact. ashley: oh, yes. stuart: see you again soon. jackie, thank you very much for being with us. >> thank you for having e maine always a pleasure, definitely. stuart: we'll be watching you on "the big money show," 1 p.m. eastern here on fox business. still ahead, les peek if on why people are turning off president biden. saudi arabia and russia agreed to extend the oil production cuts through the end of this year. tennessee congressman mark green will be with us. five million migrants are here, they're not going back, so what will we do with them? texas congressman pat fallon takes it on. and the white house responds to claims to the idea that president biden is treated like a baby? martha maccallum will be

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