i got to say there must be something in the drinking water in washington, d.c., because john tandy isd of making sense. >>avid: he make sense all the time! >> go ahead. >> president obama faced with up believably difficult choice here. he can't win either way he goes. i wouldn't want to be in his shoes. some of the points about avoiding the battle are good points i'm not sure it's best for to us do. >> the best national defense is have a strong economy. >> david: sabrina every time the united states lets the defenses down, whether it was before world war ii or 9/11, that is when our enemy seem to attack. we might be lulled in that again. obama is taking a lot of money out of defense to support the windmills and other things. >> that's right. we want our lawmakers at home to act in the best interest of people in america. when we have bahrain, libya, china that own large amount of the debt. it limits the ability to act in the self-interest of the american people. that is concerning here. >> the focus on the debt is less interest than focus on spending. it's the spending that bothers you

let's go in focus with john tandy, rich unger, rich karlgaard, sebringna schaefer. elizabeth macdonald. rick are we becoming too dependent? >> this is a national tragedy for the blue collar employees. the core problem is we have a tax and regulatory structure punishing employers hiring blue collar workers. chevron is taxed at a federal and state combined rate of almost 44%. meanwhile, 30 miles away in silicon valley, google and apple with very few blue collar laborers, google is taxed at 10% combined and a it at 15%. there is a disparity right now that is great if you're a white collar skilled laborer in the economy but horrible if you're blue collar. i don't think the federal government rizes how it's punishing -- realize how it's punishing the companies. >> david: just before we started the program, you and i were talking about with were poor at one point and never would have thought about going to welfare. now middle class kids are doing this. >> the real question is in the question asked. yes, more people are going back to work. yes, food stamps are at an all-ti

john tandy. >> i'm going to even disagree with mike. government should not be a venture capitalist ever. the simple truth, if you have a clue how to invest, you don't work in government, you make money in the private sector. it goes back to your earlier point. whom do you trust to allocate capital? paul tutor jones, paulson and warren buffett? or john boehner, barack obama and harry reid. the question answers itself. if they invest a dollar, they waste our money. >> david: real quick, morgan. >> emac hit the nail on the head. deaf fecktive solar panels from china. we need to create our own because this is a technology that will move forward. for record, less than 1% of the 1300 projects funded by the energy department have gone bankrupt. >> david: 30% of the money came from taxpayers. the blitz is on to sell the healthcare law. the government buying ad time to promote the law at nfl game. is this ad blitz a waste of tax dollars? that is at the bottom of the hour and "cashin' in." but right here, half of employers say workers in the 20s

let's go in focus with john tandy, rich unger, rich karlgaard, sebringna schaefer.

focus with steve forbes, john tandy, rich unger, rich karlgaard, sabrina. some things?you get more taxes. the government is running so it you get less supply and less innovation. at the end of the day you get less longevity and more pain. in other countries it's higher taxes or less supply of healthcare. they can't get around it. >> david: rick, we had a solemn promise by the president selling this that the taxes would not go up. now, he admits, first, he violated that promise. this will hit people and their pockets. >> we had a solid promise that the president would not raise taxes on people earning less than $250 ,000. >> david: he said taxes would never go up. >> he didn't say that -- >> david: he did. he said it would pay for itself. taxes wouldn't go up. >> i don't know how he said taxes wouldn't go up when he imposed certain taxes by itself. i'll tell you where you are right. this is why you didn't elect the president. oh, wait. yes, they did. he raised taxes on people going in tanning booths. you pay taxes if you go to indoor tanning booth. he cut the deduction.

john tandy, rick unger, elizabeth macdonald, is a dryia schaefer. and the very people who fought

. >> david: john tandy, look at what has happened the debt. it's exploded in the past four years.has grown from $10 trillion to about $17 trillion. in just four years. we cannot continue on this course. >> yeah, thiis why republicans should be obstructionists. obamacare is bad for our health. big government is bad for the economy. my view is if the republicans aren't defunding one and shutting down the other, what is the point of electing republicans? we keep hearing about the bad potics of the republicans acting obstructionists this way. much worse policy for republans is get to 102014 and say obamacare is in full flower and the government is larger. why did we put them in power in 2010 to begin with? >> david: a great point. look at what has happened since 2010. the republicans called obstructionist and the process might look ugly. but let's take a look at what has happened. federal spending as a percent of gdp topped out in 2010. right before the election. at 26.5%. of gdp. it has come down since the republicans were elected dramatically. to 23.5%. >> the person that is got of

. >> david: even john tandy can agree with the debt part of that issue, right?i don't know there. if china and russia sell our debthey hurt china and russia more than the united states. i am with steve. i'd rather have debt than balanced budget with $4 trillion. i never understood the g.o.p. worship of that. last word for libertarian. thank you, folks. up next, now the nsa is getting naughty! new report saying some agent workers are spying on their lovers. what happened to only watching terrists? is this proof that they can't be trusted with anyone's private >> announcer: stop! living with hair loss, that is. losing your hair is no fun and no one wants to be bald, but there is hope. >> getting my hair back was the best thing that ever happened to me. >> i'm happy with the way i look now. >> i'm very excited about my hair. >> i feel beautiful. >> i love my hair. >> announcer: hair club offers all-proven hair loss solutions backed by our commitment to satisfaction guaranteed. if you're not 100% satisfied with the solution you choose, hair club will apply the purch

focus with steve forbes, john tandy, rich unger, rich karlgaard, sabrina. some things?et more taxes. the government is running so it you get less supply and

john tandy, rick unger, elizabeth macdonald, is a