>>. >> neil: just in. welcome everybody. i'm neil cavuto and i think you woke up this morning and surprised to see this. it was hours into sequestration and so far, not even a hint of frustration. it's what i don't see. i don't see airports shutting down because security agents were fired. i don't see mental patients wandering the streets because they didn't get their meds and i don't see mr. ed popping up in any cheeseburg are because we fired all the food inspectors. politicians scaring to us bone. big fat liars so far. so if this th passes for leadership in washington, it's a wonder that taxpayers wants to take a pass on washington, to our panel.

charlie. >> very small fraction saying we are headed in the right direction. lack of leadership. i have to tell you this whole sequestration has taken to a whole new level the president has to understand that compromise. he can't offer a compromise, you don't accept it you are not compromising. compromise has to be on both sides. fanning the flames of fear on this was not disingenuous but harmful. the president is in a win-win situation, because if the economy grows, he, say, hey, it took off. it grows slower, i told you that thing was going to can kill us. it's time to stop trying to win the p.r. war. >> i disagree with the worst case scenario for the white house there is no discernible impact felt by a swath of united states because that would be proof, we can cut spending. we can cut it even in the most

draconian way, but it's a haphazard way and hand-handed way. we don't have any real hurt done to the nation. >> i think the president has a prsmtd problem. it's the dire predictions and he said we are not going to enter the apocalypse, finally after predicting apocalypse for months. he has a real p.r. problem. the apocalypse coming from the white house, there will be some pain i'm sure. a couple government workers are going to take it on the chin. we should point out a lot of government workers live in d.c. and that place benefited from all the government spending. i think his problem is going to be p.r. when the apocalypse doesn't come. this guy is full of you know what and he is, especially on this subject.

>> gregg: ben stein, let's say it doesn't come. it's not nearly as bad as he trumpeted it that it might be a case, you keep doing this mr. president, you keep doing the boy cries wolf, you have to stop the howling, what do you think happens? >> the real crisis is not so much of the economic crisis that affects the ordinary citizen. we do know to charles' point that tens of thousands of defense workers will be laid off. its real catastrophe to lose your job. the real catastrophe is that the government will not compromise. this isn't the third reich. it's supposed to be some people giving and not everyone getting what they want. the fact that the government can't compromise and come to a decision in the harsh spirit of compromising, that is the crisis. >> neil: adam?

i'm going to take a slightly difficulty tact. i don't disagree what last been said. i think that the american people deserve a fair amount of the blame, too. we know public opinion polls we are not happy with the way our leaders in washington are leading but at the same time, we don't ever want them to cut any of our programs. electorate is completely two-face order this issue. it's not terribly surprising to me. >> neil: you are talking about the difference, okay. [ laughter ] >> a fair pointed. >> i'll include myself. >> neil: if you wanted something that is perfectly possible but i think you are mistaken. go ahead. >> nobody ever agrees with me on this program so it's okay, you can come to our viewers to our defense, neil.

i think people and voters citizens will be a aggravated by some of these cuts and they will experience it in different ways. so we will see what happens. i don't think the fact we haven't had armageddon by this morning we will be in considerable pain down the road. >> neil: it doesn't have to be armageddon. >> i think, listen, think the slow down will come from raising taxes. when you have a payroll tax that is among the most regressive taxes, meaning it affects rich people as it affects poor people which is what president allowed to happen, that is a problem. we should point out, i know ben said there is no compromise, republicans compromised a lot. they compromised in the last go-around. they did their tax cuts and they are saying the voters put them in the office to cut. unfortunately it's going to weigh somewhat heavily on

defense. i will say this. we defend the entire world. we defend italy. we defend welfare states in europe. at some point, they got to spend for their own defense. >> yeah, but they won't. >> that is their problem. >> we lose europe and we lose sahara and africa. that is catastrophe for the whole world. >> are the russians going to take over italy? >> no but if we lose the fight against terrorists it will be a catastrophe. >> i'm not saying that. there is no reason not to cut our defense budget somewhat. >> neil: neither you need to worry because the numbers in the scheme of things for defense and everything else, even in the aggregate with $85 billion. >> it's minimum, but people from the pentagon say it's not minimal and they are going to be

extreme. i don't expect they are lying. >> neil: the ins and outs i'm not a fan of arbitrarily, i would have a backup plan even with pain that is all i'm saying. >> that wasn't the choice. there could have been a careful -- >> there could have been. i could have been michael phelps and winning the olympics. g.o.p. offered to give the president more flexibility. >> and he turned it down! >> he turned it down. >> no, i understand, i am saying charles, this is more kabuki theater. >> the republicans and showmanship and playing to the press and hold a press conference to say that just shows the lunacy of where we stand right now. >> you know, adam made the point earlier about everyone's fault. here is the thing. everybody can think that, but

it's aided by these press kwlgsz when the president doesn't say, guys, america has to take some pain to avoid a whole lot of pain in future. that is presidential. >> what is even crazier. the democrats in the senate offered an alternative to the $85 billion in cuts including some tax increases and some cuts ten years out, zero net spending cuts. the democrats do not want to cut spending and they are hoping some small cuts lead to armageddon and it will not. >> the president won 59.8%. >> i though was 9.7. >> but he is running around saying he 'is not a dictator. guess what? he acts like one sometimes.

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live from america's news headquarters, i'm arthel nevil. $85 billion in forced spending reductions now in effect after congress and president obama failed to avoid the cuts known as the sequester. in his weekly address the president said a deal is still possible if republicans agree to higher tax revenues. >> these cuts are not smart. they will hurt our economy and cost us jobs. congress can turn them off at any time as soon as both sides

are willing to compromise. >> in the republican address, they said washington doesn't need more money, it needs less spending. >> the president must stop using this debate as an excuse to raise taxes and started seeking an opportunity to cut spending. >> i'm arthel nevil. get you back to cavuto. meantime, foxnews.com for all the headlines. forget about weight watchers the diet company, how about weight watchers your company. some businesses are starting to month monitor what employees are eating and what clothing size you are buying. it's an effort to lower health care costs. >> it's terrifying. all life is balancing act. lots of companies will control their health care costs but individual privacy. right to decide what they eat without their bosses telling

them what to eat, that is basic. we're now in the world of george orwell. its terrifying situation. >> neil: was george orwell, fat? >> he was very thin. >> he always looked very thin. >> neil: so adam, what do you make of that? this is a dangerous sort of precedent? >> i'm far less concerned about this than ben is. >> neil: ben is okay being segment on the show. just like you did in the last segment. what is it with you? >> i get what you are saying, but i have a very libertarian capitalistic perspective. if i want my employer to pay for my health insurance and i am willing to let my employer monitor my health.

>> should your employer monitor your health? >> one at a time. adam, you are okay with this being done outside of work. i saw adam last night eating a canoli? >> i would have to see details. i think it's okay if they want to monitor. blood sugar levels. >> neil: i have no idea about that. >> it depends where you get it. brooklyn, new york? >> wait -- adam, you are in wallow land that is the issue you don't even know what the company is looking at. so it's out of sight, out of mind mentality that is extremely dangerous. it's fries thing to think that your company -- >> i am so scared. >> you should be frightened.

you act like mr. health. >> just drinking. >> neil: i could take a couple of those. [ laughter ] >> but i was trying to figure out how to support this. all morning, how do i support this and i can't. it is insane. adam, this is the antithesis of libertarian. i was at joe's brooklyn and they will be showing up at the door. they will not leave a life. >> neil: i have perry mason let's say they could look into that and did see where we're going after work and you shouldn't add the double order of wings is that fireable offense. next obvious concern that you either stop going out to that wing place or we are going fire

you. that the obvious. >> the policy, it will be a fireable offense to them. the thing that scares me the most, someone has a big breakfast or big lunch, but they are gone the rest of the day. i see coming back from lunch and steak and mashed potatoes. i say let's stop. >> neil: they come back, what? >> you get sluggish after that. these guys eat meals like they are going the electric chair. [ laughter ] >> there are a lot of competition for losing weight i don't know. >> this is why they won't rule out using drones. drones will be used to monitored people. >> what is next, neil, to determine who you can have sex with. what is next? >> you are exaggerating what

their monitoring. i was trying to say, if they want to look at my weight, blood sugar level, my cholesterol. >> i actually thought about this. next time i go out. >> neil: make you nervous? >> i go buy a bigger set of underwear. i'm not going to charge it. >> how do i support this? it's insanity. >> i gave it to you. don't take the insurance. you don't have to let them pay for it. >> go out with payne and have him pay for it, it's not on you. >> call a twin (k) tax grab. union bringing down hostess is munching on your tax dough it allows workers to get benefits for losing jobs because of global competition.

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green numbers on wall street, some job numbers they are very weak. j.p. morgan housing serious layoffs in the new year. charles payne, what is going on here. >> a gigantic disconnect. corporate america is making a lot of money, bottom line they are putting that money to work to buy back stock. they are afraid of the administration. >> neil: it helps the stock. >> it won't help the stock, but why make an investment in the environment is president is saying i'm going to get more revenue from some sources and i would be afraid, too. over a trillion and a half sitting outside the country, stock market is up but jobs are going away. >> neil: ben? >> this is typical corporate b.a., they want to fire as many people and squeeze out product istd.

it's legitimate and just the way business operates. it's about the bottom line. >> neil: what do you think of that? >> i'm sorry to say this has more to do with big old companies including i'm sorry to say my company, time inc. >> that is insane. >> gagsparino is calling someone insane. >> you are insane. >> everybody with a straight face, they are not reacting to fiscal policy coming out of the white house. that is an insane statement. of course they are. >> neil: you didn't say that. if they are doing this committing capital for any purpose, that is obviously a reflects your confidence. >> right, but there is reason why that after four years.

weakest recovery and we should point out one other thing, wall street is en worse because they have dodd-frank and they are other regulations. >> they are trying to maintain profitability by cutting head counts. it's hard to grow in the environment because the economy is so weak. who is responsible? >> neil: with the southern accent you made it seem all okay. my thanks to you. and golden years, a new poll showing those over 60 go going to keep working through the golden years. [ male announcer ] when these come together,

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