but robert reich never really answered my question. why it is if this is such a good deal for people that you're going to have something like 10 or 15 million people are going to drop their coverage if you don't force them to buy it? in other words, i don't understand the argument that it's a really great thing for people, but they don't want it, so you have to force them to buy it. >> all right, so secretary reich, what about that? >> well, it's very, very simple. if you want poor and disabled people and people with preexisting conditions to have affordable insurance, then you've got to have in the same insurance pool with them people who are younger and healthier. you've got to say younger and healthier people, you know, this is part of what it means to be in the same insurance pool, what it means to be part of our health insurance system. that's what we do with social security. that's what we do with medicare. we pool our risks. that's the idea of social insurance. but on top of that, we also have this huge subsidy, this tax shift t

robert reich, no fan of donald trump and i'm sure donald trump no fan of robert reich.ys there's one thing he agrees with donald trump on. donald trump this week said he thought the health care bill was mean, he said yes, i agree with donald trump it's mean. >> there's common ground. >> that community, business community, wants to see tax reform. >> they want tax reform. >> will we get it? >> i don't know. the clock is ticking on that. they got to move quickly on that. >> ahead, the jury in the bill cosby trial says it's deadlocked, but still going back to work today. can they reach a consensus after the judge said to keep on trying? that's next on "early start." [vo] what made secretariat the greatest racehorse who ever lived? of course he was strong... ...intelligent. ...explosive. but the true secret to his perfection... was a heart, twice the size of an average horse. but i keep it growing by making every dollar count. that's why i have the spark cash card from capital one. with it, i earn unlimited 2% cash back on all of my purchasing. and that unlimited 2% cash ba

while the investor class may be disappointed with the president, former labor secretary robert reich the investor class is not upset with him because they're making so much money right now, but listen to what robert reich says about how he's failing the working class. >> the working class, particularly the white working class that supported donald trump, they don't want wall street to run rampant again, and they don't want to lose their medicaid, they don't want to lose their health insurance. you know, a lot of people are going to suffer because of the tax cuts and the dodd/frank watering down and also the repeal of the affordable care act, and they are donald trump voters. >> he also said turning back things like over time pay which president trump did when he came into office hurts his base. >>> global markets are higher after u.s. tech stocks fell once again. tech has been on a tear this year, driving the markets to records, an 18% spike. recently, investors worry they may have run too high. facebook, amazon, apple, netflix all fell, dragging all three indices lower. we could see

i spoke with former labor secretary robert reich. >> when we look at retail sales or we look at what'sappened to the median wage or you look at the number of people who are still out of the labor force, there are some clouds on the horizon. this is an old recovery. it's getting long in the tooth. i wouldn't take the chance. i think they've done enough for now. >> enough for now, he says. another question facing the fed this year, the future of fed chair janet yellen. >> and i fully intend to serve out my term as chair, which ends in early february. i have not had conversations with the president about future plans. >> the president has both praised and criticized yellen. it's unclear if he will nominate her next year. if he doesn't, she will be the first fed chair in 40 years to only serve a single term. >>> if you're a gambling man, you don't gamble on this one. tough to predict. >> no. i try not to gamble or predict anything about the president. >> i am, but this one wildly unpredictable. >>> several questions from the jury but still no verdict in the bill cosby trial. what jurors wa

i spoke to former labor secretary robert reich. >> when we look at retail sales or look at what's happenededian wage or look at the number of people who are still out of the labor force, there are some clouds on the horizon. this is an old recovery. it's getting long in the tooth. i wouldn't take the chance. i think they've done enough for now. >> the question facing the fed this year, the future of fed chair janet yellen. >> i fully intend to serve out my term as chair, which ends in early february. i have not had conversations with the president about future plans. >> the president has both praised and criticized yellin. it's unclear if he will nominate her next year. if he doesn't, yellin would be the first fed chair in 40 years to only serve a single term. "wall street journal" reporting yesterday that gary konh, the president's top adviser, will be holding a search committee. >> mnuchin not part of that? >> maybe he'll be part of the overall team, we'll see. >>> it is official. floyd mayweather will come out of retirement to fight ufc champ conor mcgregor. andy shoels with more on the

news democrat his letters concerned the need to tax the rich, and he frequently cited the work of robert reich he said in one letter that is quoted on the newspaper's website today, i have never said that life sucks, only the policies of the republicans. that is what he wrote in one of his letters to the editor of that newspaper earlier today representative jeff duncan of south carolina said that he spoke to who he believed he was the shooter when he left practice this morning who asked who was playing on the field, republicans or democrats, and he said republicans. and we are now learning that hodgkinson was also apparently a volunteer for the presidential campaign of bernie sanders, the vermont senator, speaking and addressing that on the floor earlier this morning >> the alleged shooter at the republican baseball practice this morning is someone who apparently volunteered on my presidential campaign. i am sickened by this despicable act, and let me be as clear as i can be violence of any kind is unacceptable in our society, and i condemn this action in the strongest possible terms >> report

we will hear from the director of national intelligence dan coats, admiral reich roberts -- mike roberts, and rod rosenstein. coverage gets underway at 10:00 on c-span3. former fbi director james comey will be testifying before the senate intelligence committee investigating russian activities during last year's election at 10:00 on c-span3. we will be taking your calls and looking for social media comments. you can also listen to it on the free c-span radio app, and we will re-air the hearing at 8:00 p.m. eastern on c-span two and later on that night on c-span. [indistinct conversation]