>> natural resources and subscribers say it is cleaned down. love the company and mcdonaled. i am cheating here but it is a buy as well. >> neil: what about the markets are you worried. >> i am worried. >> neil: we are under pressure. that will do it for fox now. >> years of inflation and new numbers soing prices on everything continuing to soar . and now someone here is warning that jobs will not come back until prices come down. i am david asman welcome to forbes on fox. we'll go to steve and mike and victoria and morgan . victoria, are rising prices hurting the job market? >> sure they are. the data is in and we are

seeing acceleration in higher prices is bad news for two reasons. one more unpredictable force in the economy that makes business owners scared unlikely to hire. they will pull back and it shows they are limited in what they can do to spoke growth. that is a clamp on everything. >> it could not have happened in a worst time. market is killed on thursday. it is a worst time for the thing. >> inflation, david doesn't kill jobs but distort the job market. >> what do you mean in false jos. like extra energy . in 1980s. it is a clamp down and sell off assets and you create

false jobs and hurt jobs in productive industries and future industries. here we go doing it again. >> and we are looking at depressing figures with jobs connected to the stock market. >> i think so. it is a classic prescription for stag-flation . producer priced inflation and consumers are not getting wage hikes. they are unable to pass it on to consumers and that is stagnating everything. it is it a tragic situation. we'll work our way out of it. energy prices are coming down. but it is a head wind when we don't need one. >> if you can't pass the prices on immediately. you have to cut somewhere and that means jobs. >> it starts with the weak dollar and what that is preventing is companies from investing in plant and equipment and factoris and things that create jobs.

the high-priced level is a symptom and not a cause. the cause is a weak dollar and that is killing the job growth right now. >> morgan we heard that back to school prices are going up 10 percent across the board. there are increased prices particularly shopping in the grocery store. >> there are increased prices and whether the weak dollar is the cause or not we are seeing the affects in the job's market. mcdonalds and clorox that reported expected earnings this year and campbell's soup that is laying off 10 percent of the world wide employees including 130 people in new jersey and factory lay offs with as many as a thousand employees. rising cost may not be the only factor involved but it is a factor. >> quin, this is your last appearance on forbes on fox.

you are a fine journalist and a decent man and i wish you the very best. >> that is exactly kind, david and the thing i have always liked about the show we can disagree and still move forward and that is a better way to learn. i wish congress could do the same. >> bingo. >> you are looking at july prices. prices went down in june. you have to take a slightly long-term view. they liked the right-wing inflation and indicated demand. prices are going up it is not a bad thing. markets are going down and that is linked to a world financial crisis from 2008 and who ever is in charge it could be a decade long work out. we are lucky there is not a demand. modest demands, sounds

strange. >> having praised quenton for being a journalist. i knew milton freeman and he didn't like inflation at all. >> i have a feeling he didn't like stagflation either. it is an awful combination of high unemployment levels and quentin is right in the names that the numbers are not frighteningly high but there is an acceleration of prices and that is troubling. we are soing it. >> there was a report that came out in restaurants that are seeing increased salaries on their employee bases and pushing it on to consumer. >> that is demand. >> david, inflation it distorts the economy and that's how we got the housing bubble and it created

employment and it came crashing sound. it is false employment and in the end of the day leaves us with a lower standard of living. >> this being my good friend quentin's last show i have to strongly disagree. >> i am shocked. >> supposed to help us with exports and imports are up 13 percent. inflation is a hard thing to get back in the box. >> rich, a lot of people are hit by inflation in the grocery store but you can see the fed printing trillions was dollars and wondering why we don't have the inflation we had in the beginning of the cents and 80s. >> the velocity of money is not picked. it is lent out to businesses and consumers and that is part of the affects. we have creation of money and

not the velocity and that's why we have curosity of gold hitting new records. i think there is a silver line trying to be a optmist. >> let's hear it. >> and we have had borrow christ. we did our mortgage. >> and lending rates are lo. this could take off quickly. >> unfortunate low victoria lending rates are low and mortgage rates are not low but people are not buying houses. >> we refinanced our mortgage. we'll make a trend, i think. people are not buying houses and that market is still stuck. but inflation could help the housing market. it will punish favors, that is the negative. >> really. they are putting money under the mattress. >> it is steve's point and

distorting the economy . the government is paying banks for origination fees and refinancing and that will will help for factories and things like that. they are not doing the work on the production side. >> this is a story of consumer confidence where housing is concerned and how consumers b and am affect jobs. >> last word when the government try to help us. watch out and stay in the side lines. america will come back. >> government. i am from the government and here to help you. not. >> everybody is focused on this guy's remark on ben bernanke. rick perry said something more interesting and could put millions of americans back to work in the bottom of the hour and right here on forbes another green project biting

the dust. why is the president pumping millions of dollars. we decoid and you next. okay, but what does it do? well, it gets me the tools and research i need to help me make informed decisions. with fidelity i can invest in stocks, bonds, at a great price. wow. yeah, wow. ♪ [ male announcer ] fidelity investments.

when i got my medicare card, i realized i needed an aarp... medicare supplement insurance card, too. medicare is one of the great things about turning 65, but it doesn't cover everything. in fact, it only pays up to 80% of your part b expenses. if you're already on or eligible for medicare, call now to find out how an aarp... medicare supplement insurance plan, insured by unitedhealthcare insurance company, helps cover some of the medical expenses... not paid by medicare part b. that can save you up to thousands of dollars. these are the only medicare supplement insurance plans... exclusively endorsed by aarp. when you call now, you'll get this free information kit... and guide to understanding medicare, i can keep my own doctor and choose my own hospital. and i don't need a referral to see a specialist. as with all medicare supplement plans,

and help pay for what medicare doesn't. call this toll-free number now... >> hi, everyone. i am jamie colby. two american hikers will get eight years in prison. shane bower and josh fattal will have to serve time of illegal entry and espiage. they were arrested for crossing an unmarked border. sarah showed was released due to medical reasons and disturbing new video of the dead low riot in the uk. the surveillance video shows dozens of protestors opening fire on police officers and they set fire to buildings and looted several stores and they are releasing the footage in

hopes that someone will turn them in. we'll send you back to forbes on fox only on the fox news channel. more of your hard earned green . same week a solar company declares bankruptcy after getting taxpayer assistance. president obama is shoveling out half million near for biofields. >> here david green means red for red ink. we have had decades for subsidies and make up 11 percent of the electrical generation and same time president obama makes his announcement, they will announce half billion loans to solar company in india. they are money losers. we have a green fuels called

natural gas and have plenty here. quen, we should mention evergreen solar got state money and it was massachusetts state money. as a homeowner of massachusetts some of my money went into this. >> it is a 10 year old company so the government funds don't have a lot of to do in the life span. they are undergoing chapter 11 . it is not that different. we might say that the green agenda is not the problem, the oil agenda is the problem. they pay nine percent effective tax rate and they get billions even though they are established industry . you are talking a small amount of money for an early industry . the united states government funded the oil industry. we are moving for top soil in

canada to get oil addiction than all of the rivers in the world to move. it is not a healthy or sustainable policy. we have to do something else. assistance in a early age. >> rich, even though it was massachusetts money, still the white house.gov, the website touted it has a success in 2009 and obama used evergreen solar of all of the stimulus spending on green projects. >> you know, solar, quentin does not have the gains where it is getting twice as good as over two years and you like to point out correctly that the government's assistance in the semiconductor through the aerospace got and now a world beating industry. >> why we are talking about

that. our natural gas reserves are huge and discovery puts third as much carbon as coal. it is a clean energy and provide working class jobs that we need in this country. >> hold on, quen. morgan, it is simple. is our tax dollar investment a failure or not. >> it depends on the investment, if you talk about corn ethanoyl it is it a mess . there is no demand behind it. but the 500 million that president obama is looking to pledge toward vehicles and biofuels that are not corn ethanoyl base that will have a steady consumer which is the u.s. military. i don't think that is necessarily a bad investment. we spend 300 billion in importing crude oil .

natural gas we need to look at and drilling domestically but look at all of the option. >> specifically mike, using animal waste and algae, that is an interesting combination. if it works it is great. is it worth while. >> no, it is doing damage to the economy. and time washington makes decision with the private sector, just like the mortgage and housing mess. it is based on politics rather than than doing what consumers want. it is a misallocation of resources. >> government resources are tight. but the president want to expand. is it worth while? >> i think biodiesel is a cheap thrill. like roman circ uses or painting murals on the post office walls. if we want to go after big

things in government that are wasteful. how about three agents that support farlers. >> don't all of these government programs start small and get big? aren't we starting something here. >> use our stove's considerable energy on big . not on half billion. >> i will take any half billion, i can get from the government these days. last word from steve. >> free school lunches for everybody to avoid hurt feelings. it is paid for by you. has the feel good nanny state finally gone too far. ♪ [ male announcer ] how could a luminous protein in jellyfish,

impact life expectancy in the u.s., real estate in hong kong, and the optics industry in germany? at t. rowe price, we understand the connections of a complex, global economy. it's just one reason over 75% of our mutual funds beat their 10-year lipper average. t. rowe price. invest with confidence. request a prospectus or summary prospectus with investment information, risks, fees and expenses to read and consider carefully before investing. aren't getting enough whole grain. but actually, it's never been easier to get the whole grain you want from your favorite big g cereals. from cheerios to lucky charms, there's whole grain in every box. make sure to look for the white check. there's whole grain in every box. living with the pain of moderate to severe rheumatoid arthritis... could mean living th joint damage.

help stop the damage before it stops you with humira. for many adults with moderate to severe ra, humira's proven to helrelieve pain and stop joint damage. humira can lower your ability to fight infections, including tuberculosis. serious, sometimes fatal events can occur, such as infections, lymphoma, or other types of cancer, blood, liver, and nervous system problems, serious allergic reactions, and new or worsening heart failure. before starting humira, your doctor should test you for tb. ask your doctor if you live or have been to a region where certain fungal infections are common. tell your doctor if you have had tb, hepatitis b, are prone to infections, or have symptoms such as fever, fatigue, cough, or sores. you should not start humira if you have any kind of infection. ask your rheumatologist how you can defend against and help stop further joint damage with humira.

>> all students will eat for flee . taxpayers, lunch is on you . wh

>> who said there is no such thing for a free back to school is almost here. that might mean free food for everyone. they are giving free meal to all students to kids on public assistance. mike, is it a good or bad one. >> there really is no such thing as a free lunch . government subsidies, you will increase the cost of education. if you want to make them feel better give them a better education and make them smarter. >> good or bad idea? >> i am troubled by the idea of laughing at the poor and if

people have a stigma. i want them fed. google has free lunches and no cashier because the time and effort of employing casher was a bad idea. 40 percent are on vouchers, it may be cheaper and faster to eliminate it and give them a free lunch. >> even people who could pay for their own. >> i don't want to feed the burrcrats. that could be for school choice or more assistance in the classroom. we don't have money in the world. feed the mind is more important than feed kids who can pay for it. >> i sense you getting in the voucher area. >> i am not worried about stigma, but i am worried about incentives. if you work too hard and earn money your kids get taken

away. i want the parents to get jobs. >> and victoria. i want to go back to the tig ma. i disagree with quentin. kids are smart. know they are poor. so giving everyone a free lunch is not doing them favors will take away funds like a better classroom experience with which we need to work on and focus well and pull them out of poverty instead of making them feel better about being in poverty. >> of course they know they are poor. they are afraid of being laughed at and kids can be cruel. if you take away that visibility and make them one of several. >> you can't take it away quentin. >> no free lunch will not do that. >> yes, you have.

>> and no. >> key is spending government money in order to make people, and make kids feel better and it may or may not work. >> yeah, this happens. >> it is one school, try it. >> this happens to all of our entitlement programs and get bigger. look at medicare and medicaid . the number of enrollment is great low expanded. one thing to help people who need assistance. but when you start using taxpayer money to help people who don't need it. >> it is happening in three states and not just one school. but again, that is best intention and the road to hell was built by good intentions. >> bottom line is feed the mind and those kids will prove themselves out of poverty if begin a proper education. >> quentin. >> i believe in experimentation and try it and

see how it works. >> quintin, i am going to miss you brother. >> take care, man. >> you have e-mailed us and asking what stocks are the most stable. we'll tell you next . f we desigd an electric motorcycle? what if we turned trash into surfboards? whatever your what if is, the new sprint biz 360 has custom solutions to make it happen, including mobile payment processing, instant hot spots, and 4g devices like the motorola photon. so let's all keep asking the big what ifs. sprint business specialists can help you find the answers. sprint. america's favorite 4g network. trouble hearing on the phone? visit sprintrelay.com.

>> unstable markets call for stable stocks . morgan you have a focus in health care. >> it is based out of texas and worked in the retirement community and high yield over six percent and means monthly difdeppeds. >> big, it could be a long time before morgan needs retirement. we have to think about these things now. >> it is not's safe stock. the senior citizens are a dangerous bunch. medicare is going bankrupt. >> you have a company that serves small and midsize companies. are they a buy. >> they are.