ashley: that's what i was going to go with number one venus. stuart: susan? >> i'll take saturn. stuart: just for the hell of it? the answer is venus. you two, you are wrong, susan. >> that's nice. [laughter] stuart: okay, i'm at a loss to know what to do here, because we've got 25 seconds before i can hand the show. >> check the markets. stuart: i don't want to check the markets. they are so boring for heaven sake. i just want to thank a great team of 11 writers and producers and 12 production people and the wonderful susan li and ith you and i do apologize for my bad temper "coast to coast" starts now. neil: [laughter] david: and ahead on cavuto "coast to coast" the 2024 race is heating up with senator tim scott just filing to run for president. he and florida governor ron desantis and possibly others

expected to formally announce next week. we have our panel of experts on who is winning the money side of the race right now, and why desantis may face some headwinds as a big disney project heads for the door. plus work requirements still a sticking point in debt negotiations but a majority of americans back the idea. former congressional budget office director doug eagan on how president biden also backed the idea in the past and student debt forgiveness before the supreme court. we have the great mike rowe on why blue collar jobs could save a lot of dough and make a lot of dough. welcome to the show. i'm david asman in for neil today. first, let's get right to the markets. they are slipping on reports of stalled debt talks, and fed chair powell saying inflation is far above the goal, but still, on pace to close up for the week let's go to kaltbaum capital management director of operation s, gary kaltbaum

himself. gary, by the way with your expertise on orlando where you live, we've got a lot to talk about and desantis coming up but first, on what's happening with the markets right now. powell pretty much saying the same thing that the dallas fed president, laurie logan said yesterday, which is that inflation is still too sticky and he's not ready to certainly not ready to talk about lowering rates at all and maybe more rate hikes are in the future. >> well, lowering rates is off the table, but any thought that they would increase rates right now, not so sure that's good news for markets. i think market expectations have been built in that they're done at this point in time, so if that changes, a little bit worrisome, considering the fact that the 10 year yield is down at like 3.53, 3.6 so they are far-above what the real market-rates are, so watching closely but it also did not help when all of a sudden it came out today that maybe, there's been an impasse on the debt ceiling deal, and i can promise you the

longer that goes, the worse markets will not be thrilled with that. david: now let's talk about main street, which is most concern to our viewers here. we have problems with bankruptcy , smaller companies and stores going bankrupt now. the numbers getting bigger and bigger. mark grant wrote about that yesterday and we also of course have real consumer debt at $17 trillion that's a record particularly a big danger because a lot of folks because of inflation are borrowing on their credit cards to makeup for what they're losing on their salaries as a result of inflation being higher than any kind of wage increase. >> the worst i think stocks in the market right now are retail stocks. you see what foot locker did today, and look, the bottom line , i've been saying this for months, it is a one-two punch when you have savings rates plunging, and credit card usage skyrocketing to records

never seen before. by the way at very high interest rates. this is something that has to be watched closely, and that's why i've been saying if we lose the job market and so far its been hanging in there pretty darn well, i think big trouble lies ahead. the consumer is 65-70% of the economy, again, i am so in focus on that. i just think consumers are really spent up at this point in time, and the amount of debt into the system, in everything, is not good news longer term. david: well gary, as i said, you know, when you have bankruptcies up, you have the possibility of all that job surplus going away. it's so big though, you know, with about 10 million jobs, more than people looking for them. how long before that's widdled away to the point where unemployment becomes a real problem? >> well, it can widdle away, it can go quickly. the jolts number had i think its biggest second biggest drop in history last month, and you're right. the amount of stores, you know,

hard stores that have been shutting is pretty darn big, pretty much everywhere as the retail businesses come to the fruition they have too much out there, so look, all this put together, there is definitely a combination of things that if things can go awry, they're going to go awry. everything to do with how much money is out there, the confidence that the consumer has which is a huge intangible. i don't think it's far-removed that we can be on a ledge right here. hope i'm wrong but we're sitting at numbers again that i haven't seen in a very very long time. david: the great garlinghouse will rejoin us in just a second to talk a little politics, thank you very much, gary. turning now to the 2024 presidential election, the competition could be heating up. fox news correspondent mark meredith is live in d.c. reporter: david good afternoon to you. the flood gates are opening more republicans are ready to jump into the 2024 presidential race

next week florida governor ron desantis he will kickoff his campaign. today he is making multiple stops up in new hampshire. the governor held a round table in bedford, speaking at length about his conservative accomplishments in florida and the legislative session which just wrapped and also spoke about rolling out what he's done in florida for a national audience. >> nationally, people are very pessimistic about what's going on with the country, understandably so, and a lot of people think that the best days of the country are behind us, but i think florida provides a ray of hope that doesn't have to be this way. it can get better. reporter: south carolina senator tim scott who created an exploratory committee in april filed his campaign paperwork today and expected to officially launch his presidential bid on monday. he'll be speaking in north charleston and making shops in early battleground states iowa and new hampshire. senator scott says after a major announcement i'm excited to be back on the road talking to iowa ns and americans are ready

for new leadership, leadership that will stand in defense of the conservative values that make our nation exceptional. virginia governor glenn youngkin also generating quite a bit of buzz after posting a video which looked a heck of a lot like a campaign ad. this is tied to a speech he gave at the reagan presidential library in april. take a look. >> there are lights shining. we can usher in a new era of american values. president ronald regan changed lives. now it's our turn. reporter: youngkin in his second year of a four year gubernatorial term faced repeated questions about his future plans but virginia law prevents him from serving a consecutive term meaning he can't run for re-election for the governors mansion but he's asked a lot about 2024 and told a crowd in california he's not planning to run but david as you know, anything could change at this point. it's just seen by the hour. david: the crowd, the field is getting crowded. let's say that and it's getting crowded everyday. >> absolutely. david: thank you very much, mark appreciate it.

well governor desantis set to officially announce his run for the white house next week, but he is facing headwinds in his own state as we mentioned, and they are boiling over into a national image as well, how people perceive him doing. disney scrapping plans to build a new florida campus that would have brought in 2,000 jobs there let's bring independent women's forum in, senior policy analyst inez stedman, sarah west wood, and gary kaltbaum is still here as well. sarah, first to you. how does he counter the argument that perhaps he's not doing as good a job as florida governor as we thought he was particularly when you look at the disney situation? >> i think so far, his office has actually handled this pretty well if you look at the statement they put out desantis said this is a project that had been put on hold multiple times for factors that really had nothing to do with desantis, for example, over the fact that

california employees of disney did not want to relocate to florida and some of them quit the company. there was a lot of protests at the company about this move so the project had been delayed several times. desantis sort of said, you know, we were unsure if this project was ever going to happen so i think he's been able to sort of cast the blame for that aside. i think a lot of his supporters want to see him fighting these corporations. those jobs notably in florida didn't exist yet, so it's not like it's taking away something that already existed which i think would hurt him. i don't think that this will be much of a speed bump for his announcement. david: and inez, now he's directly taking on donald trump in a couple of instances, and the question is whether it's going to be enough to dig into that 30% lead that trump has over him. it's just such an enormous lead. how does he chissel that down? >> well, it's important to note that he, denote he hasn't actually jumped in the race yet so it's hard to say. he hasn't really been hitting back against trump at any of the

digs that trump has taken against him or at least in an oblique way which i think actually has hurt him a bit. besides the fact that trump is the clear front runner here, i think sarah is exactly right to point to the fact this is an asset for ron desantis not a detraction. to the extent we see folks like nikki haley for example, a couple weeks ago talking about, you know, how she be proud to have disney come to south carolina, and this reflects a mentality of a republican party that is holy unprepared to face the actual structural issues that we face today. i mean it makes me question whether a large percentage of the republican party has what it takes to actually take on the institutional left, because it's very very clear at this point that this battle between disney and desantis, that companies are going to use their jobs, are going to use their employees to boycotts et cetera, to basically impose a cultural agenda. leftist cultural agenda on states, that is the battle. now how exactly the republican party fights that whether ron desantis has better ideas or trump or anyone else has better ideas of fighting that

battle but framing this debate as though it's somehow a negative for ron desantis to be in a fight with disney of this type, i mean, we're going to have to be as people of the right, in these types of fights, going forward for the foreseeable future so it's important to show any leader why they could actually win those fights. david: but gary as i mentioned you live in orlando so you know florida particularly the disney situation very well. trump, as everybody knows, is a businessman and he made deals, he wrote a book called the deal maker, and i mean, he knows how to make deals even with our enemies. for goodness sakes he did it with the rocket man, the dictator of north korea, whereas desantis has this really blunt approach to dealing with problems. it brings to mind the idea of, you know, if trump was a president maybe he would sit in a room with the head of disney and they would hammer out some kind of deal just between the two of them. why can't desantis do that? it brings up that dichotomy

between trump and desantis. >> and look, i will not disagree with what's just been said. there's only one problem with what's just been said and that is two words. donald trump. he's going to use what just happened with disney big time. he's going to promote it big time. lost jobs, too much fighting, anti-business, whether right or wrong, that's going to be front and center and i can tell you here in florida, front page headlines is jobs lost. regardless, again, whether right or wrong, local news jobs lost, right or wrong, so you know, the fight is on right now. whatever side you want to take, it is front and center and something that has to be accounted for , and i can guarantee you, donald trump will not sit there and let this , you know, pass by. he's going to jump all over it in a very big way. david: he already has and he's going to do a lot more of it. let's switch to the democratic side, sarah, because while at

least the republicans have this very strong bench of candidates, you don't see the same on the democratic side. i mean, you have kamala harris is not very strong. we all know that. we don't have to go through the details. governor newsom just announced he has a much bigger deficit than he thought and even though he prepared this reparations panel together, he says now it's just impossible to put that through. pete buttigieg, he's getting good publicity recently. there was a piece out that called him as one who has a cathedral mind but at the same time he doesn't have a great track record as a manager, so is it possible that somebody like, for example, michelle obama might jump into the race? >> yeah, i mean, i think that joe biden's entry into the presidential race is going to freeze the field. i'm not sure that anyone really seriously credible will challenge him for the democratic nomination but in terms of looking beyond 2024 at a future cycle i do think the democrats have a shallow bench of talent that's a problem for them.

most of their leaders are pretty old. their candidates are fairly lackluster in the 2024, you know , down-ballot races for the house and senate in a lot of cases. you're seeing democratic candidates sort of banking on drawing weak republican opponents rather than being able to recruit stronger talent for these races in ohio, senator sherrod brown could have a hard time getting re-elected given ohio is a pretty solid red state in pennsylvania democrats are hoping they can get a weak candidate to run against them, and retain that senate seat, so democrats do have that talent issue right now. a lot of their leaders very old, and you know, the cycle will be really crucial whether they can recruit some strong people. david: gang we have run out of time. so much to talk about. sarah, inez, gary good to see you all thank you very much. republican congresswoman nancy mace is here and we're going to get into the durham report, u.s. readiness for war with china possibility, that's now on

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david: president biden in japan today, glad-handing and greeting world leaders at the g-7 summit. biden is attempting to build a coalition against russian aggression on ukraine but the president will be doing it with a massive burden of a rapidly-approaching debt deadline on his shoulders, and the negotiations don't seem to be going well at the moment. fox business' edward lawrence is in hiroshima, japan, with the very latest on all this. hi, edward. reporter: hey, david. yeah, that's an understatement about the negotiations in the market is telling you that the president at the last event last night here in hiroshima left early to get an update on the debt ceiling progress. we know now talks are on pause. now a white house official telling us in a statement this. saying that there are real differences between the parties on budget issues and "the talks" will be difficult. adding a responsible bipartisan budget agreement remains possible if both sides recognize that neither side will get everything it wants. now a source tells us that there

are no more scheduled meetings for the president, and congressional leadership on the books right now, so i wanted to know this. what's the message the president is giving to the other g-7 leaders about where we stand? >> that's not dominating the discussions here at the g-7. those leaders understand how important american leadership is around the world and they know that one of the worst things that can happen to american credibility and leadership around the world is for us to default, for us to become a dead beat nation so they understand he has to go back and work with congress to make sure that we don't default and he'll do that. reporter: so new sanctions also for the russian invasion, announced by the g-7 against 22 people. 104 entities in 20 countries. expanding existing restrictions, now to include services and architecture, engineering, construction, manufacturing, and transportation. the g-7 partners added third party buyers who turnaround and ship technology to russia. companies based in finland, po

land, sanctions impacting russian companies, that facilitate mining and drill ing operations. even those that were to attract new investment in russian energy , it targets financial services including companies that helped russian elites get fake passports from other countries to avoid sanctions and we may get some answers from the president. we will have a news conference at 12 solo news conference since taking the presidency. that will be on sunday. the last one was november of last year. david, we have a lot of questions. david: i bet you do thank you very much edward appreciate it. well breaking news here at home while the president is overseas. reports that a republican negotiated or for house speaker kevin mccarthy is saying that debt talks with the white house are now on pause. looked like we were close to a deal. i want to bring in republican congresswoman nancy mace who urged president biden to skip his trip to japan and focus on this debt deal. so who and what is holding up a deal? >> well it's hard to say. i just got that news from you just now, but i will tell you

this. if president biden believes that we're on the brink of default that it's so important to our national security to our economy , to get this deal done, why did he runaway out of our country and leave the negotiations at the table? we need a president whose going to come to the table, who will be there in person, because he cares about our country and he cares about our countrymen, and we don't want to see default that should not be on the table but both sides have to come together now immediately, to get this thing done in time before that june 1 deadline. david: well he did cut part of his trip off to get back here for the debt negotiations, but it looked like they were going well but then they got stuck. one of the issues that is a sticking point is the working requirements for welfare, for ablebodied folks who could work and we had a great success in the 1996 work fair program, the welfare reform, which was agreed upon by democratic president and a republican congress. joe biden was one of the senate

leaders who was supporting it. why is there so much hesitation among democrats now to do something that they used to support? >> well it's just partisan politics. this is an issue that's supported by the vast majority of americans whether you're a republican or a democrat they want work requirements for those individuals and now, this is just they have dug their heels in and this is a place where actually we could find agreement on debt ceiling talks and yet, they've dug their heels in on this , and but this is a very bipartisan issue. we saw it in wisconsin elections where 80% of residents there are supported working requirements and i think you see that kind of figure those kind of numbers across-the-board across the country. david: i want to switch from economics to something that came up this week and its been boil ing for several weeks now, which is the durham report and indications of what exactly went on. i know you're not a huge fan of donald trump. he tried to primary you at one point, but on the other hand you look at the details of how they really went after him and the methods by which they did so

including tampering with evidence that they were presented before a fisa court and doing a lot of underhanded things. what do you feel about the implications of the durham report, and how that necessitates need for change at the fbi? >> well, donald trump did primary me last year, and i would argue i'm the only republican in the house to beat him in a primary last year, and so no one can call me a shell for donald trump in this thing but the fbi acted like political operatives. they used debunked information from political campaigns, and used it to frame a president, and we all knew that there was no russian collusion but the fbi tried to tell america otherwise. it should never happen again, whether you love or hate donald trump. this is not what we should be doing to an american president or anybody in this country quite frankly. david: let's move to international affairs and the dangers and threats from overseas. henry kissingeringer, about to turn 100 years of age by the way

even though he is a lot livelier than a lot of 80 years old but he said and i'm quoting him now. we're in the classic pre-world situation where neither side has much margin of political concession and in which any disturbance of the equilibrium can lead to catastrophic consequences. that's pretty serious stuff. is the administration doing enough to counter the threat from communist china? >> i don't believe so, and i believe we need to be very careful and tread water here. 80% of the way that we deal with communist china should be non- kinetic, should not be military and but we're so dependent upon china, whether we're talking about pharmaceuticals, we're still dependent on china by about 80% of our pharmaceuticals, our supply chain is dependent on china, natural resources, critical rare earth minerals. we need to start moving away and manufacture back at home, in mexico, central and south america, move our supply chain closer to home so we're less dependent, less reliant on china

, and start showing some leadership there and teach them a lesson or two about this , about if they move forward on this what that might look like from a business and economic perspective. david: congresswoman nancy mace great to see you, congresswoman, thanks for being here. appreciate it. well it may not be that easy being green. coming up why the top toyota scientist is predicting a snag in the electric vehicle push. we'll get the read from the moral case for fossil fuels author alex epstein, joining us next. life is a highway, i wanna ride it all night long ♪ doors take us places. so you bought a place. to new adventures. -oh. mwah. -planned... -and unplanned. -surprise! -they lead to goals. -for you, mama. and connect us to family. i didn't get the part. your dedicated fidelity advisor can help you open those doors. but i did get waiter number 2. because they know you.

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that this connection is here. one of the things that my mother told me when she was in the hospital, she didn't tell me, actually, she couldn't speak at the time, but she wrote it down... "go see alicia." oh, my goodness. you know, and there was never a time that you were too busy. there was never a time you said i'll call you back, you know. i needed to be there to carry you through, just like, you know, some of my friends carried me through. david: so as the administration pushes electric vehicles some in the industry are saying not so fast. toyota research institute ceo gi l pratt says "battery

materials and renewable charging infrastructure will eventually be plentiful but it's going to take decades for battery material mines, renewable power generation, transmission lines, and seasonal energy storage facilities to scale up." let's get the read from center for industrial progress founder and ceo alex epstein and the author of the great book " fossil future" which has become my go-to for information about the subject. alex, the world is desperate. there it is, we get a full screen of it as well. the world is desperate for more energy, even when there's a slowdown. we need more energy but utility has to be produced. it's not just there, and the administration keeps cutting the means for production including now mining for the minerals that we need for battery production. i mean, it's just crazy. they are going against even their own interests in green energy. >> yeah, there's a lot of very dangerous education or lack of education. one of the things is this idea of green energy, so it has two

basic problems. one is it's not really energy. it doesn't provide reliable truly low cost energy. the other thing is it isn't green. like no energy is green in the sense of having no impact. all energy has a lot of impact, and actually solar wind batteries have a lot more of material requirements than say coal, oil, and natural gas, and what you have is we're calling for an unprecedented scaling of mineral production and mining, in an anti-mining anti- development environment, and this is why i believe the green energy movement isn't about better energy. it's actually just giving us an excuse to restrict the forms of energy that work today, namely fossil fuels, nuclear and hydro, but there's no actual plan for how to replace them. nor could there be because you can't dictate what works. you have to liberate it. david: do you think these green energy people are just against any kind of development, any kind of production, because they are killing the means for production. >> i think deeply, there's a hostility toward development. certainly among the leadership

of the green movement and look at biden's track record and say president trump made some definitely needed reforms to nep o, national environmental policy act, which is a huge strangler of development and even more reforms are needed but instead of doing that biden reversed what trump did and now a lot of the negotiations are can we have any kind of permitting reform and biden is just trying to single out solar wind but you can not have development in an anti- development environment let alone choose the highest impact development form of energy so-called green energy. the main problem is it doesn't work but the second thing is it involves may more development so i don't think it's a serious interest in energy and there is a deep hostility. david: and you can't have innovation in a regulatory environment. innovation thrives on freedom. that's how we got fracking, which created this tremendous supply of natural gas that burns much cleaner. that's why correct me if i'm wrong but that's why our air is actually cleaner now is because of all of the fossil fuels production of natural gas, correct? >> well, its definitely been

one of the forces there, but i think it's very important, so you look at the advent of shale energy technology including fracking. this is something that the obama administration who was dictating things at the time were blind sided. my argument is if they knew about it they would have banned it so we should be glad they were clueless about it but the way you get cost effective energy is you allow everyone to be free to innovate and compete and produce and you don't know what's going to be the best. that requires millions of smart people figuring it out, collaborating, competing. what they are trying to do now is they are taking the worst performing source of energy, namely solar and wind, which are unreliable and depend on reliables and they are saying hey, i have a plan to dictate this and it works everywhere. this is just about as realistic as you know, the plans for agriculture and the idea they would dictate their genius ideas about agriculture. david: and we have an energy department and the irony is that the head of that department first of all doesn't know a lot about energy but secondly is not

really promoting all of the innovation that we need for more energy. perhaps some day, i don't know if you're fiancee would allow it but some day you'll be secretary of energy. we'll hope for that anyway. >> i'll be a trusted outside advisor. i won't be secretary of energy but happy to help with the biden administration if they want it right now. they could use it. david: god bless you alex epstein good to see you my friend thank you very much and coming up more students are foregoing college for apprenticeships, why micro says this is great news he's here right after the break. ♪ i'm a hard working man, i've got it all on the line for a piece of the promise land ♪ (bobby) my store and my design business? we're exploding.

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david: well, it appears the debt debate is heating up again, right now, as expected for next week, but right now, there are problems. there's some monkey wrench in the worns of a deal. democrats have their friends in

the media actually helping them push a narrative against the republicans plan for a work requirement for ablebodied welfare recipients. take a look at these headlines. new york magazine calling it a scam and cbs saying the requirements just don't work well let's get the read from former congressional budget director, budget officer director doug holtz-eagan. those headlines are completely contrary to the facts. we know it works. democrats like joe biden and bill clinton who signed the bill back in 1996 were pushing for it , and four years after the bill went into effect, in 2001 the nih, which is not particularly favorable to the idea of work fair for ablebodied recipients of welfare, four years after they wrote this , four years later welfare roles have been cut by nearly one-half most former adult recipients are working and earning more than ever. child and adult poverty rates have dropped, and the incidents of teen pregnancy is also on the

decline. what is not to like, doug? >> well, that's the record from the late 90s. those requirements are still in place, david and all is being asked in these negotiations is to tweak them somewhat. raise the top level of age- eligible to 55 from 50, move up the benchmark year for the program from 2005 to something more recent like last year. this isn't reinventing these programs. this is taking a proven safety net and improving it a little bit for the 21st century. that's it and then on the ground , voters support this kind of thing, so that's the substance of the reforms. the thing i'd just point out is this is being done in the context of a very important negotiation to produce bipartisan legislation to raise the debt ceiling. all that's about is getting to 218 votes in the house and 16 in the senate and if this is what it takes this is what it takes. its got to be practical about this. david: yeah, now does that mean that you're saying that

republicans should give up the idea of work fair in order to get a deal done? >> i think there has to be a deal. i'm not in the room. they need to decide what it takes to get it across the finish line. republicans said this is something they want. it might have to be in the deal, democrats have to accept that. that's the nature of this beast. we are making a piece of legislation and we're doing it in realtime, and so it's important for them to keep working. david: now having said all that , the savings from the work fair is about 100 billion spread over, to over 10 years with these trillion dollar budgets, that doesn't sound like much, but the fact is is that all those people that are working as a result of work fair and that could be working as a result of getting those folks who were still working at home or not working at all back to work, putting money into the payroll taxes, that the means helping social security. there are all kinds of benefits beyond the actual savings from spending money on welfare. >> and the most important benefit is to the recipients

themselves. look, the dividing line between poverty and non-poverty in the united states is work, and it's just as simple as that and so having things to support work , having a safety net that is pro-work, is something that we as a nation should be for. we need to make sure we are supporting people's ability to be economically self-sufficient and not reliant on government programs. that should be the top priority in all these areas. david: do you think we'll have a deal, very quickly. >> i hope we'll have a deal. i'm still confident we will. david: do you think we will? >> yeah, but you know we'll get some failure along the way. i think today is unsurprising. these things never get done the first time. david: well the markets getting a little jittery so we hope they work something out. doug great to see you thank you very much. meanwhile, the supreme court is set to rule soon on biden's student debt forgiveness, but besides questions about whether it's legal or whether it's fair to make millions of taxpayers that didn't acquire that debt help to pay it off, there's also the question of whether we want

to encourage young folks to get degrees that may not help them get a job. one person whose been focusing a lot on helping folks get meaningful work is our next guest, rowe works foundation ceo mike rowe. >> nice to see you, david, thanks. david: just to get it off the table you're not against college degrees right? >> no. mine served me very well. david: by the way what was your degree in? >> i went to a community college for two years out of high school, took a year off work and went to a place called touson and got my communications major and it helped along the way, but when i finished in 18984, david, that same experience today cost 92, 500 same course load, same schools. back then, it was about $12, 200 so to have this conversation absent the cost is kind of silly there's a liberal arts degree on that device right now, and it's

free. all the known information in the world is accessible to anybody with a device and an internet hookup so the cost is out of control. david: yeah and again it's way above inflation. i know there's been inflation but it's like two or three times inflation part of that is because the government sub subsidizes so much it gives the colleges and universities free rides. >> it's not a mystery. look nothing in the history of western civilization has gotten more expensive more quickly than a four year degree, not energy, food, real estate or healthcare , so we're lending money we don't have to kids who are never going to be able to pay it back, to train them for jobs that in many cases don't exist any longer. meanwhile, to the point of your last conversation, work ethic in this country is truly on the ropes. there are over 7 million ablebodied men, affirmatively not looking for work right now. they are just out of the workforce, and that's never happened, at least not in piece

time, so there's a lot to look at and if you want to worry there's plenty to worry about. david: by the way one of the great things that happened in 1996 and we saw that over the next four years businesses were involved in getting these welfare recipients back on the work rolls, and a lot of them stayed. there was all these worries about how well, they aren't used to working. they stayed at their work. they were so proud and happy to be able to take care of their family on their own without government assistance, that they stayed there and worked, and ten s of thousands of businesses helped in the effort, so we could do something like that now , have a full-blown effort. businesses and government working together to get people back to work. >> we did it years ago when our country had a terrible littering problem. we created this thing called keep america beautiful. david: i remember. >> it was a pr campaign, the weeping indian at the side of the road. that was ngo's big companies like coca cola, some government, and some concerned citizens coming together to change our relationship with liter.

we have to do the same thing with work. david: well you are doing that work right now. your foundation is doing that work. i want to play a clip of one young lady whose benefiting from the work that your foundation is doing roll tape. >> some people say there's no opportunity for women in the trades. those people never met chloe hudson. >> you entered a field that historically has been dominated by men, welding. >> my dad, he really instilled in me there is absolutely nothing that i'm incapable of. the women in the 40s and 50s blaze that trail and they did it with red lipstick. i'm not a female welder, i'm not a tradeswoman. i'm just a welder. that's what i do for a living and i love it. david: told me a secret about her that she actually wanted to be a surgeon, a plastic surgeon at one point. >> this close to signing on the dotted line for , she would have gone hundreds of thousands of dollars in debt and she would have been a terrific plastic surgeon but she just didn't want to go that way. my foundation offers work ethic scholarships to people who can make a credible case for

themselves. we were happy to help per get a welding certificate and now she's making mid-six figures all day long. i've got 1,800 stories like her, to your earlier point, the more we share those kinds of stories the more persuaded, i think, the current generation is going to be to at least consider a trade. david: and your foundation is not slowing down at all. right? >> no. david: you're building up. >> we're doubling down. we just gave away a million bucks in work ethic scholarships we'll do it again in september, and my hope is to do it at least twice a year for as long as people have me on their shows david: and the bottom line is, you know, you're looking at some tuitions now of $80,000 a year. >> it's breath taking. david: if you leave that kind of money behind, you're going to spend at least 10 years paying it off, if you can at all. >> look, the cookie cutter approach to what a good job is and what a good education is is what's killing us. college is not the enemy. debt is a bad thing but when we

took shop class out of high school. you remember those days. david: i loved it. >> we erased dozens of really important jobs from the whole generation of kids, and we're reaping the whirl wind. david: mike rowe works.org. let's check in with jackie deangelis with "the big money show" with what they have coming up in 15 minutes. jackie: happy friday, david. well, red threat rising, we are talking about biden's trip to japan, where we stand with china , and the role that ai is going to play in a possible super-power standoff. then we've got charles payne in the house. he's talking about how main street is hurting right now, and weed and work, after the legalization in many states, we are discussing how weed is putting a kabosh on people's productivity. that's all at the top of the hour. more "coast to coast" after this ♪

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manchin global host katrina camp ins joins us now. great to see you. looks pretty bad. that overall number, are you worried? >> hi, david, great to see you thanks for having me today. i am not. i think that this is just first of all i think it's really important to note that even the sales volume is down for south florida, for instance, which is the current topic at hand, prices continue to appreciate, so miami-dade county is leading the nation with appreciation at 7.7% and that's a year-over-year appreciation. after that is tampa at 6.6% year-over-year appreciation, and of course you know the overall real estate market is definitely at a stand still if you will. it's not really a seller's market. it's not really a buyer's market but i think people are just waiting to see what happens with the economy, with interest rates , people are keeping a lot of cash on hand. with that said the migration continues into the florida

market, in fact on mansion global our episode next week is miami and tampa. those are two markets which continue to remain strong and we continue to see very low inventory in the market, david, and that's one of the main reasons why you're continuing to see prices. david: i was just going to ask. i'm wondering because the prices and sales have gone, sales of previously-owned homes fell 3.4% for the month and of course that's nationwide. you have a good situation still in south florida, but does that mean that inventory is finally building up, and also, when interest rates go up as you say usually prices go down, but again i wonder finally, because that's been keeping prices up, is the lack of inventory but are we now building more inventory? >> it's a really interesting perspective, david, because what's happening is resales are lower than expected because a lot of sellers are locked into a really low interest rate with

zero incentive to move to another home with interest rates being higher now, right? but what we are seeing is a lot of builders which began the building process during the pandemic now have more inventory coming to the market. we have to remember that a lot of these builders did not anticipate millennials to jump into the market the way that they have, right? so a lot of homes are in the pipeline. they will come to market. a lot of them have not come to market yet but i think with that , it will help inventory levels, with the current situation though, we're still under the pre-pandemic inventory norm which is a six-month supply david: all right, katrina great to see you thank you so much for being here. mansion global you've got to check it out on fox business we appreciate it. see you soon. we'll be right back, folks stay tuned.

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