fantasyland. much of what they believe about economics is magical thinking, myths. that's our show tonight.

in fantasyland. maria: how come he can't admit it. dagen: i love how he blames the republicans. that's rich. maria: i'll see you next week and see you sunday morning on futures. stuart, take it away. stuart: i did like the gown, okay? okay? don: thank you. stuart: next case, trump does not yield to tradition and noert does hillary. and the al smith dinner last night was jammed with barb as and putdowns. we'll show the exchanges throughout the program today. there was a nasty tone. they don't like each other and it showed. there were some boos and jeers. trump very sharp-edged. hillary could barely conceal her contempt and it summed up the whole campaign, didn't it? the smith dinner showed this election is like no other and there are just what, 18 days to go.

fantasyland here. the institute for fiscal study, the institute for fiscal study states that school spending is expected to fall finally 7 percent in real terms in the next four years, the biggest cut since the 1970s. so why on earth as the prime minister proposing to spend 1.3 billion pounds on a top-down reorganization. teachers don't want it, parents don't want it, even his own mp and chancellor does not want it. can't you think again and support schools and education, not force this on them. >> let me answer this question very directly about spending. we have protected spending all the way through the last parliament and we are spending 7 billion pounds on more school to make up for the woeful academic action under last labor government. that is the truth. he talks about fantasyland. i thinki think it is the labor party of this week enters the fantasyland where they are now abandoning trident, selected someone who sits on platforms, and i have now decided when i read they are going to ban mcdonald's i thought it was the 1st sensible decision that they have made. it was in the job destroy

. fantasyland take -- it will take them sunday and monday to complete. >> we're trying to make sure the public is safe, our crew and technicians are safe and this can be a dangerous profession. there will only be three people on each barge. they'll be working the show, running the computers and making sure they're functioning correctly. >> reporter: expect to see a wide variety of fireworks explosions. >> this show will go 600 feet in the air. >> reporter: if you plan on watching but won't be near the waterfront or park and want to hear the soundtrack that goes along with it, you can download the app to your mobile device and start watching and listening at 9:30 p.m. reporting in san francisco, kron 4 news. >>> it's not just san francisco. there are lots of fireworks shows going on around the bay area. fireworks will light up the sky in san jose near the convention center in pleasant on at the fair and at the marin county fair. on our website, we have the times and places listed as well. that's all on www.kron4.com. >>> now, if you don't feel like going out in the crowds to see the fire

fantasyland. i think it's the labour party said this week entered fantasyland when they are now abandoning tridents in scotland, selected some visits on platforms with extremists in london, and they have now decided when i read, when i read they're going to ban mcdonald's from the party conference, i thought it was the first sensible decision they made. it turns out it wasn't the job destroyer they want to keep away from the conference. it was one of britain's biggest employers. they wonder labour mps are in despair. frankly, i'm loving it. [shouting] >> thank you, mr. speaker. can ask my right honorable friend whether he agrees with the treasury forecast issued on monday which warned that if we stay in the european union there will be 3 million more migrants by the year 2030? last year my right honorable friend and i were elected on a clear manifesto to reduce net migration to the tens of thousands. how are we going to be able to deliver on that pledge unless we leave the european union? >> the point about the treasury forecast as it takes the office of national to cystic figures and the

created america with the hope that it will be a source of joy to behold world. >> i open the fantasyland castle in the name of the children of the world. ♪ >> welt, first and foremost, was a father. he wanted to create a place that was safe and clean, a place he would like to have brought his own daughters too. and disneyland was a place that was great and innovative and have these fantastic ways of bringing stories to live for families of all ages. that is why he wanted to create disneyland. the reason he chose anaheim is an interesting story. he originally wanted to build the park and burbank, near where we have our studios and create our films, but there was not enough land there. so, walt disney went to buzz price, who worked for the stanford research industry, and asked him to look at where in southern california they could build disneyland, and later he asked them to do the same work when they looked at a location for walt disney world. he found the anaheim had great locations not only for the freeways, but also a local airport. he pitched the idea to walt to come to anaheim. pre

california, being blown up on the streets of turkey or jakarta. and then this bubble, this fantasyland that the administration lives in in which isis is contained, they're losing, we're winning, and these things really don't matter and let's have some more gun control in america. >> yeah. let me play for both of you, former cia director mike morel saying isis has gained ground faster than al qaeda in a huge way and the former fbi director pointing out there are isis investigations right now in all 50 states. >> isis has gained affiliates faster than al qaeda ever did. from nothing a year ago, there are now militant groups in nearly 20 countries that have sworn allegiance to isis. they have conducted attacks that have already killed americans, and they carry the potential to themselves grab large amounts of territory. libya is a place where this could happen in the near term. isis controls territory in libya. they are currently expanding that territory. i would not be surprised if we woke up one morning and isis in libya had grabbed a large part of libyan territory. >> that group is using so

statement. >> it's either complete and total denial or a fantasyland like the corkscrew landing in de-kosovo. this is a woman who no matter what you think of the investigation, this a person who should be in the white house? and these are the kinds of questions the american voters should be asking themselves. her behavior in the office, perpetuation of the scandal and her reaction to the scandal. >> thanks for being with us. >>> hillary began weeks ago with benghazi. we'll talk about that next. ♪ every time a pga tour professional sinks a hole-in-one, quicken loans is giving one lucky winner reason to celebrate. one shot from them. one mortgage-free year for you. it's the quicken loans hole in one sweepstakes and you could be the next winner. enter today at pgatour.com/quickenloans for your chance to win a year's worth of mortgage payments. defianour citracal bones. easily absorbed calcium plus vitamin d. .. my cousin's wedding is c♪ming soon. i like the bride more than the groom. ♪ turquoise dresses... so excited. did all her exes get invited? no ones got moves like uncle joe.

, i'll give you the last statement. >> it's either complete and total denial or a fantasyland like the corkscrew landing in de-kosovo. this is a woman who no matter what you think of the investigation, this a person who should be in the white house? and these are the kinds of questions the american voters should be asking themselves. her behavior in the office, perpetuation of the scandal and her reaction to the scandal. >> thanks for being with us. >>> >>> the benghazi report released the week has much of america talking about whether hillary clinton is fit to lead the u.s. military now, david hunt. you and i were on this thing i think since september 16th of 2012, within five days of the attack. you and i have to take most of the credit for that. we knew what it was from the get-go and no one was sent. i was looking back, and when panetta says -- i don't know if we have the sound on this -- we couldn't have gotten there in time, why would he say that when we now find out that panetta before 7:30 had actually given the okay for forces to go in there? >> he didn't just give okay, he ga

and fantasyland. >> he criticizes donald trump for his limited role in the global stage which is fine, but he didn't have any foreign-policy credentials when he was elected. when he was a first-term senator, it betrays the notion he thinks being liked is the most important thing, it is not the most important thing. being liked by other countries -- i did not say that. >> i thought that was where it was going. >> it is critical, it is paramount to him, to have someone else in complete contrast which is what donald trump is, a reaction to this president. arthel: i want world leaders to underestimate donald trump. >> i want vladimir putin to hang out with donald trump. you could get some good stuff out of it. >> donald trump castigated our closest allies, pretty deep with vladimir putin who is anathema to everything we stand for and said we should sit down with the head of north korea. >> i want trump to be the guy, the only one who could possibly do it. hillary clinton is stuck in the old way. traditional republicans are stuck in the old way, it is real right or wrong, trump bringi

planet earth and get out of fantasyland. reporter: dick cheney transformed the modern vice presidency exercising power across all facets of foreign policy in some areas of domestic policy. joe biden while not obtaining cheney ask has been an important voice in the obama white house. white house. and that they make and store ready for his close-up, biden was in australia and on the attack. >> don't worry about our election. the better angels in america will prevail. reporter: to be sure, mike pence and make the case, but he will do so in a more measured and restrained way that his ticket mate and includes an expression of the piety and faith that it may pence a leading figure for evangelical voters. lauren and nicole. nicole: james rosen, thank you. lauren: the new york yankees beat the orioles again. in boston, it was a night of home runs in sweet revenge. those highlights, not you. they heed dell grips much of the country with temperatures hitting triple digits. fox meteorologist maria molina will have the forecast for you. you are watching "fbn:am," your first look at morning market

fantasyland, but a credible fantasyland in which for 30 quarters in a row they've been saying, "next year conditions are going to be really strong and we are going to raise." the data comes in. "well, we are not going to raise yet. we are going to wait until next quarter when the forecast says it is going to be great." now we're back on that cycle. >> why is this? you advise the new york fed. are they saying, we have been wrong a lot, we should adjust our position? >> that is what they should do. the new york fed has been better than most of the regional feds on that front. i think it is because, and the fed is not alone in this, i think it is because most of the forecasting models are fundamentally about reversion to the mean and we predict the future will look like the past looked. they're basically saying in the model, implicitly, when house prices go up, the data from the 2000's tells us people will spend money and the economy will come booming back. and what happened in 2006 is the thing that is abnormal, not now. >> if you are running a company and you had a model that kept generati

about that. it will be about obama's fantasyland. anything iran was doing is a permission slip for them to do whatever they please. and now we are seeing it. charles: a poll shows americans will reject trump *'s message. is barack obama right or is he living in a fantasyland. charles: president obama's state of the union. raises your rates... maybe you should've done more research on them. for drivers with accident forgiveness, liberty mutual won't raise your rates due to your first accident. liberty mutual insurance. is it keeps the food out. for me before those little pieces would get in between my dentures and my gum and it was uncomfortable. just a few dabs is clinically proven to seal out more food particles. super poligrip is part of my life now. if legalzoom has your back.s, over the last 10 years we've helped one million business owners get started. visit legalzoom today for the legal help you need to start and run your business. legalzoom. legal help is here. lots of vitamins a&c, and, only 50 calories a serving... good morning, indeed. v8. veggies for all. charles: in an

. that pepper the robot is rude, y'all! pepper is a robot from a fictional fantasyland called japan, mostly known for its 40-year-old schoolgirls and [beep] squids. it's a companion bot built by aldebaran robotics and softbank mobile that's designed to read emotions and "make people happy." the death ray is optional, as is the fleshlight port. totally optional. but i recommend it. pepper can assist medical patients with-- wait, is pepper flipping me off? pepper. pepper is flipping you off. unless pepper is about to conduct an exam of some sort. what they didn't show you in big hero six. apparently, this has been happening a lot, as evidenced by this pic from user @mentaro. "excuse me, what aisle would i find-- comedians, pepper uses its video screen to communicate. i want you to tell me what appears on that screen when pepper is flipping you off. we'll have our comedians' answers and name the winner when we come back on @midnight. [cheers and applause] i'm going 100 miles per hour. jump 50 feet over the rapids and i crash land. check out my scar. there's nothing there! you didn't ju

. it is a fantasyland now is excited to learn you are actually a publicist for a bunch of people. >> i was. i wasly a publicity assistant, but i was doing publicity for stand up that was my first job out of college. i was i handling people on comedy central that's kind of how i got into stand up i had to watch it so much for workk familiar with the clients i was promoting and at some.i said i think i just want to do this. i think i want to do standup. >> so when youdo look at it were you thinking i can do it batter was at a great opportunity to stealpo all lot of material? >> yes. original jokes. yes. yes, i think well ?- i always liked writing and performing and when i started watching stand up difference it is. and nothing about stand up is when you get on stage, you can really let people know whon you are as a person and very unapologetic in that way whereasp it is the character already created. and that is associated with seinfeld to. >> yes.isoc left publicity was i was a writerwa for the show seinfeld created called them area drop was on nbc i believe for two seasons. and,

is fantasyland. thursday into saturday warmer and sunny, windy and cooler with the poib

ready to retire. checks into fantasyland every day he works. the redskins just need to win the rest of the season? scott: just when, baby. -- just win, baby. the redskins prepare for their monday with the panthers. redid you say 97?97! yes. you know, that reminds me of geico's 97% customer satisfaction rating. 97%? helped by geico's fast and friendly claims service. huh... oh yeah, baby. geico's as fast and friendly as it gets. woo! geico. expect great savings and a whole lot more. ♪ ♪ lend him a helping hand. ♪ put a little love in your heart. ♪ ♪ take a good look around... ♪ ...and if you're lookin' down, ♪ ♪put a little love in your heart.♪ ♪ in your heart. (avo) the subaru share the love event is happening now and will have given ninety million dollars to help real people like these. >> and now the toyota sports desk, brought to you by your local toyota dealers. especially the nba is hurting tonight. longtime sports broadcaster and nba sideline reporter craig sager lost his long, hard fought atul to leukemia -- hard-fought atul to leukemia for stop he was first

newlyweds and their guests can celebrate with a reception in fantasyland. this hotel magic will cost a minimum of $180,000. quite a wedding to go to. does it come complete with the whole carriage and horses? >> it better. >> it better for that price tag. >>> we want to hear from you. party you've been to? join the conversation by liking our page. >>> time now for a look at what's ahead at 5:00. we're less than a week away from the final presidential debate set to take place here in the valley. but will the national spotlight shine too brightly for local businesses? >>> and what started out as a noise complaint goes viral online after a group of break into dance. the reason behind the impromptu performance and more video of the performance. there they go. it took a while to get started. we'll have more of this and a check of your traffic tonight on news 3 live at fock. >>> an amazing view of hurricane nicole over bermuda. nasa astronauts recorded this video on thursday. the iss was in orbit 252 miles time. nicole passed over bermuda and . >>> a few minutes ago we were talking about what

of cold air by next wednesday could lead some so the fantasyland we were living in with two days in the 70s is about to be gone. >> but it won't be as bad as what we had to fridays ago, right? >> that's true. >>> so grueling even the toughest of soldiers can't pass it.>> that's true, what's america's best-selling brand of trucks? you're in for a big surprise, pal. actually, you're not. it's ford f-series, again. and, it wasn't even close. same trucks that have been leading the industry for 39 straight years. why? game changin' innovation. like f-150's high-strength, military-gjade aluminum alloy. which helps make it stronger, more capable and more efficient than ever. innovation. it's why f-series is making >>> it is training so tough only 10% of soldiers can pass it. >> we're talking about fort bragg infantry training. if all the candidates early today and gave a firsthand look at what they have to endure. >> many soldiers just returning buying -- wanting to become master of the true training. it is a step-by-step process and described is very tedious. >> there is no variation or e

or an explosive is going to mitigate this threat or make it disappear, again, is fantasyland. it is about an enemy that has to be dealt with in situ in the middle east and here in america. >> it doesn't take the arguments of the gun control folks. when talking about the terrorist act it seems somewhat misplaced in the argument. we just heard from the 911 calls that he's pledging allegiance to the head of isis, this guy omar mateen, 29-year-old. then we hear reports that he mentions and talks about the boston bombers, the tsarnaev brothers, an allegiance there. you were starting to add up ties and officially the islamic state claimed responsibility. it seems like it. >> it's a big data set already this early that goes toward an act of islamic extremism on its face connected to isis. in my experience i have not known the islamic state to take credit with the official news agency, the amaq news, for events they are not responsible for but have in some way directed. maybe in this case he was not directed. he was inspired by or motivated by the islamic state. we are early days into under

. >> but it's -- do you liberals live in fantasyland? >> there are a lot more students, john. >> not enough to make up with the money you're throwing at >> pe >> per student amount of financial aid particularly -- >> it's up. today students get an average $12,000 in federal and state aid, up from $7,000 in 1987. >> good morning, mr. vice pre >> at >> at least vice president biden understands that subsidies raise >> how >> how do you feel about the idea that government subsidies by artificially increasing the availability of student loans is at least partially responsible for rising tuition costs? >> government subsidies have impacted upon rising tuition costs, and it's a conundrum >> it >> it sure is. colleges now advertise lobster dinners and expensive dorms with luxury pools. >> pools and spas and fancy gym facilities and sushi for lunch. isn't that where you want to take your next vacation? every college you go to, you say, why do you spend so much money on this? well, we have to compete with the college down the street. >> a terrific climbing tower, 42 feet, with a variety of lig

spending. now, he talks about fantasyland. i think it's the labour party said this week entered fantasyland when they are now abandoning tridents in scotland, selected some visits on platforms with extremists in london, and they have now decided when i read, when i read they're going to ban mcdonald's from the party conference, i thought it was the first sensible decision they made. it turns out it wasn't the job destroyer they want to keep away from the conference. it was one of britain's biggest employers. they wonder labour mps are in despair. frankly, i'm loving it. [shouting] >> thank you, mr. speaker. can ask my right honorable friend whether he agrees with the treasury forecast issued on monday which warned that if we stay in the european union there will be 3 million more migrants by the year 2030? last year my right honorable friend and i were elected on a clear manifesto to reduce net migration to the tens of thousands. how are we going to be able to deliver on that pledge unless we leave the european union? >> the point about the treasury forecast as it takes the offi

fantasyland.. hoping they'll be the big winner. now don't get me wrong.. its fun to participate.. who doesn't love dreaming about what they'd do with all that cash.. but understand why we keep saying the odds are slim to none.. 1 in 292 million to be it's only one game... but... the rebels darn good last night. coach todd simon calling the shots... unlv came out running... gunning... and winning. the rams are headed back to l.a! we have fan reaction... plus... why they're not the only team that could be headed to the city of you're watching someone just got a free 6" subway sandwich. just text offers to 782929 to sign up for weekly text offers. and you'll get a free 6-inch sub ((anchor chat)) good morning i'm cassandra jones. we the next seven days. we'll drop down to on wednesday morning with many areas of the las vegas valley seeing freezing start. the mountains get a slight chance of showers for the weekend and into next week. the las chances are now o pu good morning. here a look at your fox5 traffic solutions your drive here are the accidents to watch out and alternate routes you

of everything? >> i want to bring it down to zero. john: these people live in fantasyland. much of what they believe about economics is magical thinking, myths. that's our show tonight. >> announcer: now john stossel. john: can americans and president candidates really believe economic myths? yes, they can. and they do. many candidate believe a min municipal wage won't kill jobs. at least one believes trade helps other countries at our expense. many people believe prices are set by business and rich people get rich at the expense of poor people. none of that is true. recently in our website called cafe hyaak wrote his purpose in life is to dispel wrong beliefs about the economy that most of this students hold. most? >> most before they take my classes. john: minnesota believe myths. >> most listen to the mainstream media and politicians who perpetrate the myths. john: they say the interest of the business person are counter to the working person. it's a war. >> in order to make money you have to please consumers. and the more consumers you please, the wealthier you become. john: tr

innocent, okay? nothing ever happened. it didnt exist. this was all fantasyland, i'd like to get off that subject because everybody brings that up," >> catherine: catherine heenan, kron 4 news. >> pam:election day is just around the corner. and citizen are voicing security concerns. but f-b-i officials says they are ready. they will have a command center will be in place to handle any potential crimes. >> pam:and intelligence officials have been warned of russian hacking efforts. the department of justice says it will have lawyers on hand to address any complaints of voter fraud, intimidation or discrimination. >> pam:and there will be observers at polling locations. return >> pam:new emails uncovered from the wikileaks release of hillary clinton's private server. >> steve:they show a key aide was concerned about president obama's statement on the email controversy. one email said "we need to clean this up" adding that "emails from her" sent from clinton's non-government address. white house spokespeople say the president did send those emails - but had no knowledge of where her server wa

showed a season fantasyland too. he thinks we can tax cut our way out of our entitlement problem. john: your cat food metaphor is bad because food costs more than people food. >> my favorite was hillary clinton when the temperament question came up and the "access hollywood" tape richie pivoted from fair to several moments throughout the campaign that donald trump has behaved appallingly about people singling them out specifically the one which is the low paint paint -- pointed point of the campaign we singled out judge curio because his parents happen to be from mexico and he wouldn't be able to judge fairly in a case. you are assigning collective guilt to an entire bunch of people. this is the lowest in nasty as part of the donald trump selling proposition. >> that's why republicans lead up finally but the judge curio comment. john: betsy said her favorite comment was about partial-birth. >> you can rip the baby out of the womb at the mother just prior to the birth of the baby. when you can say that that's okay and hillary can say that that's okay but it's not okay with me. >>

going to indict hillary clinton or recommend charges, they are in a fantasyland. this would have been done six months ago. governments don't work like this. your point.k we get on to maria in texas, a democrat caller. caller: yes, i just want to tell everyone that i am for hillary. i think that -- assassinate her life by saying all of these horrible things. they are heinous. this is something that really they are going overboard. wasted so much money on this investigation. that money could be used for education, especially here in texas. we have such a crooked government. thank you. leah is in texas, a republican caller. disgusted withm what has taken place. we are constantly told that if we do see something, say something. obviously this doesn't apply to the government officials that are appointed. the rule of law does not matter at this point with these people. not that this is a shocker at all for me. see ours outrageous to constitution shredded and congress let it happen. fbi, iy of the absolutely trust. james comey? no. thank you. quick reminder that we will possibly hear from hi

the president basically gave away the store. >> the president lives in a fantasyland. the president send them hostages and send them more money. bill: some questions about the race, and john kerry questions. martha: what they got was much smaller and that make the negotiation a good one. we'll hear from kt about that as well. bill: the democratic candidates mixing it up during their fourth debate. hoik stepping up their attacks on bernie sanders who has seen a rise in polling. the two candidates sparring over guns and race in america among many others. >> the fact is, we have the affordable care act, one of the greatest accomplishments of president obama and the democratic party and our country. >> the secretary neglected to mention 29 million still have no health insurance and own more 0 under insured with huge co-payments and deductibles. >> to tear it up and push our country into that contentious debate i think is the wrong direction. >> we are going to tear this up and go forward. >> he has voted with the nra, the gun lobby numerous times. he voted to let guns go into amtrak and

no, this is fantasyland and we should get back -- get into the idea of doing hard work, activism, recruiting people into the movement, rather than expecting the federal government to implode. jonathan, what do you have for me? >> do you see any contemporary -- you said rockwell i believe in and not the party -- nazi party. do you know anything that is contemporary? prof. michael: to reiterate what i said before, matthew heimbach has been reaching out to people from groups. he said a lot of his supporters in california are latinos. as he put it, he supports white power, black power, and brown power. the notion that whites are not necessarily superior, but they should have their own separate state, self-determination. he has reached out to people like that, people of other ethnic and racial groups. as far as how much success he has had, i can't really say. on the surface, i don't really see much success. it is a work in progress from his point of view. any further questions? >> [inaudible] it has things like health care, free health care for everyone, and the fact it is so acceptin

will have none of it. view, the fed kind of ,stablished this fantasyland but a credible fantasyland in which, for 30 quarters in a row, they've been saying next year conditions will be really strong and we are going to raise. and then the data comes in and it is not that strong. and they say, well, we won't raise yet. we will wait until next quarter with the forecast says we will be great and we will raise. now we are back on that cycle. david: you advise the new york fed. in a way, the new york fed has been better than the board offeds are the governors. i think it is because -- the fed is not alone in this. i think it is mostly the forecasting models are fundamentally about reversion to we predict the future will look like the past saying ind they are the model implicitly, when house prices go up, the data from the 2000s tells us that people spend housing starts will skyrocket and the economy will come booming back. 2006 is thepened in thing that is abnormal, not now being the thing that is abnormal. david: if you are running a company and you had a model that was running the norm

fantasyland. mark: mike pence gave a couple speeches. it revs up the base than the way trump is taking now. pursueobviously will not a campaign based on policy. and, the believe that centrism in this country has shifted to the left. >> at the end of the day, with the issues we have, and you have seen it how it happened with bernie. --t was the center has moved it is not where i was four years ago or eight years ago. you will need more government intervention. i know the feeling is for it to be in the center, but with the issues you have out there, you will need more government intervention. what position she has taken in the center, and he did not have an answer. john: i do not know what the center is shifting, but the thing is, mark lazarus is concerned about economic stuff. the democratic center has moved to the left. and cultural politics across the country have moved to the left. you never hear about reforming entitlements or eliminating government or eliminating waste. were 90's new democrat arguments, and they are not like that. fascinating to hear those guys friendly with each other

fantasyland in the name of the children of the world. ♪ the >> first and foremost, walt was a father, so he wanted to create a place that was safe and clean, a place he would have wanted to bring his own daughters to, and disneyland was a place that was innovative and having fantastic ways of bringing stories to life for families of all ages, so that is really why he wanted to create disneyland, and the reason he chose anaheim is actually a pretty interesting story. he originally wanted to lb park in burbank, near where we have our studios and we create our films, but there was not enough land there, and so walt disney went to a man who worked for the stanford research institute and asked him to take a look at where in california he could build this land, and later, he asked to do the same work in orlando, when they chose the location of walt disney world, and looking at what was happening with transportation systems in southern california. he saw that anaheim was a place that had a great location not only for the re-ways that were going to be built but also a local airport, so he pi

want to bring it down to zero. john: these people live in fantasyland. much of what they believe about economics is magical thinking, myths. that's our show tonight. >> announcer: now john stossel. john: can americans and president candidates really believe economic myths? yes, they can. and they do. many candidate believe a min municipal wage won't kill jobs. at least one believes trade helps other countries at our expense. many people believe prices are set by business and rich people get rich at the expense of poor people. none of that is true. recently in our website called cafe hyaak wrote his purpose in life is to dispel wrong beliefs about the economy that most of this students hold. most? >> most before they take my classes. john: minnesota believe myths. >> most listen to the mainstream media and politicians who perpetrate the myths. john: they say the interest of the business person are counter to the working person. it's a war. >> in order to make money you have to please consumers. and the more consumers you please, the wealthier you become. john: trevor wool think wr

people live in fantasyland. much of what they believe about economics is magical thinking, myths. that's our show tonight. >> announcer: now john stossel. john: can americans and president candidates really believe economic myths? yes, they can. and they do. many candidate believe a min municipal wage won't kill jobs. at least one believes trade helps other countries at our expense. many people believe prices are set by business and rich people get rich at the expense of poor people. none of that is true. recently in our website called cafe hyaak wrote his purpose in life is to dispel wrong beliefs about the economy that most of this students hold. most? >> most before they take my classes. john: minnesota believe myths. >> most listen to the mainstream media and politicians who perpetrate the myths. john: they say the interest of the business person are counter to the working person. it's a war. >> in order to make money you have to please consumers. and the more consumers you please, the wealthier you become. john: trevor wool think writes the myth that the market's zero up. th

. that is like fantasyland. he is not. >> we do not think that he will. >> he will definitely pick somebody who has -- listen, if he calls, i would say yes. i do not think that he will call. there are some great people out there. fitting the bill perfectly. so many people out there that fit this bill. i am hopeful that when he starts to actually announce his cabinet to include his vice presidential pick, a lot of the people that you were talking about, i may not like him, but i like the people he is surrounding himself with. that is where brian said i am not quite ready, but i think he will be. i think they all have to. trish: mitt romney? >> i do not know. you will have to ask him. i am hopeful that he will say, you know what, i do not like him, but i will support the party. how do you not support the party. 10 million new people in this country are coming into our party. how do you throw that to the wayside. it is very disappointing and disheartening. they get and start a third party. they do not recognize what is at stake. everything you just talked about in this prior segment.

anecdote from north carolina of what is going on. this is fantasyland for liberal up in flames, this was just, the health insurers dump some patients. two years ago president obama said, 5 years out, you -- we'll look at this as a monumental achievement. well, it is flat. kennedy: and said premium would go down. >> average 2500 a family, that worked out. the problem with mitt romney he designed obamacare. donald trump is okay on the criticism. and you are also right in that when he talks about healthcare you don't know where he is. he started this campaign champions canadian system of health care, that is not really a viable alternative. kennedy: right, that is the caveat, he has to be invested in facts of obamacare and facts of failure to sell it as an issue. he can't just say obamacare is bad, let's get rid of it, that makes people worry. >> when marco rubio had one day he was good. it was about this, what are you doing about obamacare. just erase the line, he kept repeating that. >> this is a critical issue. at state level, you look at a feingold, deciding vote for obamacare in se

begin with the fact that donald trump is in fantasyland, what we're seeing as result of the obama presidency as it's coming together. the carrier deal as we found out days after it was announced was not anything like the way he portrayed it. wasn't nearly the number of jobs he claimed would be saved and as it turns out only a short-term saving of the jobs. reality is egomaniac about to become president trying to claim credit for something he's had no finger on the switch to have responsibility for. >> donald trump did point to a political article in a tweet he sent out today where economists are on record saying there is something of a trump effect boosting the economy, consumer confidence, which is the backbone of the economy. >> if had been a notable change from the prior months maybe i'd agree with that. but you can find an economist to say anything you want just like a lawyer. reality is donald trump is not president. hasn't done anything yet. stock market in highest levels ever in history long before donald trump expected to win the presidency. to suddenly impute grand succes

the next question to donald trump showed a season fantasyland too. he thinks we can tax cut our way out of our entitlement problem. john: your cat food metaphor is bad because food costs more than people food. >> my favorite was hillary clinton when the temperament question came up and the "access hollywood" tape richie pivoted from fair to several moments throughout the campaign that donald trump has behaved appallingly about people singling them out specifically the one which is the low paint paint -- pointed point of the campaign we singled out judge curio because his parents happen to be from mexico and he wouldn't be able to judge fairly in a case. you are assigning collective guilt to an entire bunch of people. this is the lowest in nasty as part of the donald trump selling proposition. >> that's why republicans lead up finally but the judge curio comment. john: betsy said her favorite comment was about partial-birth. >> you can rip the baby out of the womb at the mother just prior to the birth of the baby. when you can say that that's okay and hillary can say that that's okay