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tv   Varney Company  FOX Business  January 23, 2024 9:00am-10:00am EST

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the wayside like everything else. it's this new, hot thing. but there are some funny tiktok and instagram videos now making fun of people and their a stanley cup obsession. and rightly so, i think. maria: it's funny there's accountability if you steal a stanley cup but not if you go to cvs and walgreens and steal everything else, that's okay. >> that's the problem. also, you know, $25 to -- 2500 otter of these things, what was she going to do with them in? why steal that? maria: i don't know. dow industrials right now down 56, nasdaq and the s&p 500 are are actually positive with the nasdaq up 40 points and the s&p up 4.25. thank you so much, cheryl can casone and michael balboni, for being with me this morning. we will see you again tomorrow, we've got a big show tomorrow. have a good tuesday. "varney & company" pix it up. stuart: good morning, everybody. the polls are open in new hampshire. the first primary is off and running. trump is expected to win. if it's a landslide, haley will
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have a hard time staying in the race. trump is uniting the party. he has endorsements from statehouse, state legislatures, former opponents desantis, scott, ramaswamy p burgum. he has the support of seven of the eight house republicans from south carolina. that's nickly haley's home state state. one last point, trump says gilas has lost 15-20 pounds and is fighting fit. this afternoon the president and vice president travel to virginia where they will rally supporters on the issue of abortion with the president's mental and physical condition grave concern, there will be close attention to how biden walks and talks. to the market, and today i'll start with bitcoin. it has dropped below the $40,000 mark, it's now at 38,7. it's down. stocks not changing that much, the dow with a loss of maybe 50 points. nasdaq down about 40. but you've got to look at netflix. it reports after the bell. it's up.
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investors predict a big profit jump and a sharp increase in subscribers. it is close, it's closing in, actually, on $500 a share. interest rates, check out the 10-year treasury. the yield there the is 4.12. as for the 2-year, we're looking around 4.40, it is 4.38, to be precise. politics. more bad press for kamala harris. a new book suggests biden knew she was not up to the job is, end quote. he wanted michigan governor gretchen whitmer. jill biden wanted obama's national security adviser susan rice. on the show today, $180 billion in benefits paid toil legal migrants every year -- paid to illegal migrants every year. a woman who helped build dave portnoy's operation will join us. she's written a book with advice for all kinds of business situations like, quote, being human, getting drunk, sex and other disaster scenarios at work.
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yes, ladies and gentlemen are, we cover it all. tuesday, january the 23rd, 2024. "varney & company" about to begin. ♪ if. ♪ ♪ ♪ but today is your day and nothing can stand in your with way ♪ stuart: well, we're looking at new hampshire. today is the new hampshire primary. last night donald trump made a final push with some of his former gop rivals who are now supporting him. roll tape. >> when you step into that voting booth, you're going to be signaling that we want crooked joe biden, the worst president in the history of our country, we gotta get him out. >> if you want to make america great again, vote trump. >> there's one candidate in this race that understands how to
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make our nation more secure, our nation more prosperous. it's the person who did it when he was president before, that's donald j. trump. ms. >> how many of y'all want four more years of low crime and high law and order under donald j. trump? stuart: i don't think we saw senator scott is quite so animated during the previous days in the campaign. that is mollie hemingway, r.n. side of the screen there. mollie, has trump united the republican party? >> well, it might be worthying back to 2016 when he, when donald trump won the nomination in a bitterly contested primary, and through his presidency, those four years, he really won over the entire republican party when it comes to voters. so with voters, yes, they know they like the trump president city, they would like it again regardless of what happens today in new hampshire. it looks like it's pretty locked up. this is an issue with the establishment of the party ask and a donor base that seem a little more reluctant than the
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republican voter. stuart: so it's not quite as united as one would with like to think if you're a hard core republican, right? not quite there yet. >> not quite there. and donald trump really has changed the are republican party from where it was during the bush era, and that is difficult for some of the people who came to power before the trump era, and some of them are really resisting that change. but the voters are sending a loud and clear message. stuart: got it. mollie, hang on a second. i want to go to lawrence jones at the tavern in the bedford village inn. it's in new hampshire, obviously. lawrence, come on in, please. who do the people support and what piece the biggest issue for them? >> i don't know. stu, maybe we should just ask them, okay? who's sporting nikki haley here? -- supporting nikki haley here? who's supporting donald trump here? [cheers and applause] okay. stu wants to know what's the most important issue. would you say it's inflation or the border? inflation? the border. [cheers and applause] so, you know, it's interesting,
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stu, we saw this in iowa where we thought the economy was the number one issue, inflation impacting most americans. but after the exit polling started to come out, the border was the number one issue. now we're in new hampshire, or and it's the same thing. you've got to see all the a stuff that's happening in texas, the wire cut, you saw what the supreme court did in a 5-4 decision, to allow border patrot want to -- to cut the razor wire that texas has installed. and seeing the fentanyl that's nowing across the border and how it's impactinging americans, i think people are just fed up. >> immigration is the key issue. lawrence jones, as ever, good stuff. thanks, lawrence. see you later. >> thanks, brother. stuart: the white house dodged questions about a biden's mental fitness. watch this. >> reporter: why do you think it is that more and more people polled feel like, over time, president biden is getting less andless mentally sharp? >> which poll is this in. >> abc has president biden's
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rating for health since may down 5 points and for mental sharpnd down 4 points. >> you know, i have to say that's a little confusing for me because if you look at what this president has done the last three years, historical pieces of legislation, right? when it comes to bipartisan infrastructure deal. the economy is in a better place than when it was when he walked in. that's just a fact. that's just the data. stuart: mollie hemingway, come back in, please. i thought that was a punt on the president's cognitive abilities. you're plugged into the political scene is. i hear some democrats privately want him replaced somehow or other. is that what you're hearing? >> not just some democrats, i mean, a lot of the democrat voters or themselves wish that they had a different option to. the democratic primary -- the democrat party has understood they can't is an open -- have an open primary because it would show just how vulnerable if joe bind is. it's not just the mental a
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acuity, you have trouble seeing what he's -- understanding what he's saying is, he doesn't have a tight hold on the situation, but it's also the policies i think people are frustrated by. you've herald that in the republican primary, the frustration about the open, porous border with which is an intentional policy not just of joe biden's, but really the entire democrat party. so replacing joe biden wouldn't fix those policies because they're really in agreement on whether it's, you know, the border, crime, the economy, foreign policy, your not seeing a lot of diversity of thought in the democrat party. and i think's just as much of a problem as the mental health -- or the mental acuity issue. stuart: got it. mollie hemingway, thanks for joining us. >> thank you. stuart: see you soon. check those market, please. it is tuesday morning. we're heading towards the opening bell in about, what is it, 12 or 13 minutes. i see green for the nasdaq, a little green for the s&p. down 70 on the dow. david bahnsen with us this morning. all right, david, you know
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what's coming, don't you in i'm dying to figure out how you're going to answer this one. we've had a nice rally. as trump's reading go up, as his numbers go up, the market rallies. is this a trump market rally? >> well, this has nothing to do with anyone's opinion about dod trump, joe -- donald trump, joe biden. one of the biggest mistakes investors make is to think political opinions are correlated with markets. let me ask you, was it the obama rally when the market was up eight years in a row? stuart: i repeat my question which is, is this a trump rally? >> it is not. there are so many other factors that are more important than politics. donald trump's deregulation and energy policy were very good for the market, so there's a lot of things people would love to see, but the market is not pricing in ten months ahead, an election that's going to be very close. and you also have to remember the house and the senate. so i just think people overrate the connection of politics to the market. you have presidents that are bad for the market and the market
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still goes higher and vice versa. stuart: profits and interest rates still more important than politics. >> profit, interest rates and liquidity. what the fed's doing, yes. stuart: okay. do we have david's -- what's his morning? >> i think those are coming later. they're leaving you in suspense. stuart: in other words, i've got to fill 90 seconds with you, and i've run out of material. >> i could go on and on with this message. stuart: the okay. if trump is elected president again, do you think his policies would be good for the economy and the market? >> for the most part, i do. there's certain things i dis i disagree with, but i think the general focus on a business-friendly environment, i don't happen to think tariffs are the best way to deal with the trade issue, but i do think there's improvements that could happen in onshoring and more manufacturing in the united states, and i think he started a conversation that's been very productive. stuart: do you think there would be a connection between the markets and politicsing if joe biden won with another term?
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>> the thing that's impossible to say is it would depend if on the house and senate. because he did win in 2020, and the market was up huge in '21 and '23. but why? because sinema and manchin kept the terrible things he wanted to do from happening. so i've always said the greatest politician for the stock market is james madison, alexander hamilton, thomas jefferson, our founding fathers kept the president from being able to destroy the market because of the separation of powers. stuart: that was a good institutional lesson. that was very good, david -- >> well, i meant it for our our viewers. [laughter] i assume you already are know all of this. stuart: quite an assumption. >> could be. stuart: stay there, david can. combing -- coming up, democrat andrew yang casting doubt can on biden's re-election chance. watch this. industry think he's the wrong candidate for 2024. i've run for president. i think having an 81-year-old candidate would be a massive handicap in the fall. stuart: all right.
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gotta say it again, i don't think biden can handle another five years. is and there's this, lawmakers rolled out an $80 billion bipartisan tax deal. it expands the child tax credit. house ways and means chair, powerful guy, jason smith, he negotiated the deal. i want to know if we're going to get a tax cut. he's next. ♪ ♪ another day, another dollar. ♪ working my whole life away. ♪ another day, another dollar ♪ finish finish
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stuart: 15 minutes to the opening bell, a mixed picture on the market. dow's down 60, nasdaq up 32. not that much price change. it is primary day in new hampshire, of course. 22 delegates are at stake.
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mark meredith is in littleton. is this make or break for haley's campaign? >> reporter: certain people, stu, believe that is the case. good morning to you. we have seen a steady stream of people come here to the polling place in mitt middleton, new hampshire, the last hour, hour and a half or so, an indication people are fired up, eager to talk about what their choices are even though the republican race has dwind canninged down to those two candidates, former president trump as well as former u.n. ambassador nikki haley. overnight trump held a rally trying to urge his supporters not to be complacent in the polls. he says he's someone who can bring the party together. trump even campaigning with three of the men who up until just a few days ago, stu, were also running for president alongside him. >> the republican party is becoming more and more unified, and it is, and you see what happened. i mean, we had a very good competitor, ron, as you know, ron desantis. ron desantis, and he fought
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hard and he fought well, and now we have one left. >> reporter: that one he's referring to is former ambassador nikki haley. the polls going into today showed haley trail thing trump but only by a few points, 10 is, maybe a little less depending on which poll you were looking at, and haley this morning was on fox letting people know she believes she has much more support than people are letting on x she believes that she's going to be able to continue to gain support after ron desantis dropped out of the race on sunday. >> you know, everybody wants to talk about big dollar donation. these are all small donation. we've received just in the last two days a million and a half dollars in small donations from all over the country. mine, people are excited about a new generational leader. >> reporter: fox was also in dicksville nudge at midnight last night when the first votes were cast and counted. nikki haley winning the 6 votes for the people that live up there in dicksville notch. it's a tradition, stu, that dates back to 1960, something
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that community takes a lot of pride in, and nikki haley was certainly glad to get the results because all day long she'll be the winner at least until the polls closed, and we'll find out if that changes. stu. stuart stout thanks very much, indeed. joining me now is congressman jason smith. congressman, you've got the power of the purse. you are a powerful man. are we going to get tax cuts, trump's tax cuts made permanent or extended? >> you know, we're working on pro-growth, pro-worker, pro-american tax policies that will support families and main street businesses. it will also help sharpen our competitive edge with china and boost more innovation. three very important provisions of trump's tax cuts expired just in the last couple years. research and development expensing, which is extremely important, this provision would add $70 billion in investment. it would -- the breast deductibility provision is
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extremely important where small businesses are being affected with huge interest rates. this will create 867,000 new jobs just by this provision, and it will bring in 58 billion in take-home wage withs. stuart: can you get it through? >> i think so. this has been a bipartisan agreement with myself and the chairman of the finance -- the senate finance committee. we passed it out of the house ways and means committee on friday 40-3. three democrats voted against it because they felt hike it didn't go far enough on the child tax credit which is an item we had. we have provisions in here with regards to the child tax credit that indexes what trump had in 2017 to inflation, and it also eliminates the multiple child penalty and helps increase the work requirements. stuart: would you care to speculate on donald trump's, perhaps his vice presidential running mate? do you have anything to say on that? >> i think there's a couple.
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stuart: i'm ambushing you. >> i think governor kristi noem would be great, my colleague, elise stefanik. maybe even someone like tulsi gabbard or rick grenell might be people -- stuart: katie bait9 -- britt? >> she's a great leader for alabama and one of those rising stars in the u.s. senate. stuart: do you think trump has, in fact, united the party, or is the establishment still opposed to him? >> i think trump is the nominee. i think tonight will show that in new hampshire. south carolina will show that. and it -- he's uniting the part. his speech in iowa was so unify being, it was so humbling, and it was really good. he praised his competitors, and i think he's doing a great job. stuart: we've been saying he's introduced a new tone since he did that town hall on fox. he's a softer, gentler donald trump f that's a possibility. do you agree? >> you know, he's the same donald trump.
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privately, without a tv on, he's one of the nicest individuals you'll ever meet. he was one of the first individuals to call me when my father died. and sos this is someone who actually -- and so this is someone who cares about individuals, but it doesn't always come across on tv. stuart: i think he's trying hard to get it to come across. do you think he's going to win the nomination, that's it? >> he'll be the republican nominee, and we're going to one in november. stuart: we're always proud to have the chairman of the house ways and means committee on the program. >> great to be with you, stuart. stuart: appreciate it. there's a new book, and it claims president biden never wanted kamala harris as his vice president. who did he want to run with this in 2020? >> gretchen whiter in, the -- whitmer, the governor of michigan. but then the george floyd protests rocked the nation, and biden caved to the public pressure, that is according to a book called "amateur hour," the amateur being the vice president is, kamala harris. he says biden ended up making, quoting from the book, one of
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the most pandering of vp picks in modern history. jill biden wanted susan rice, but barack obama made this convincing case for harris, and now the biden campaign has buyer's remorse. they don't know what to do with her. some people can grow into a role. kamala harris hasn't grown into this role. stuart: but jason smith, the chairman of the house ways and means committee, would you care to comment on this? >> you know, i'll just say there's a lot of, a lot of concern, that's all i'll say. [laughter] stuart: we chuck all kinds of things at you when you come on the show. david, what do you think? >> kamala harris called joe biden a racist in a debate, and a couple months later he picked her as vp, so we know he didn't want to pick her, and it's now a disaster. it's the biggest liability he has besides his age this year, his vp. stuart: that was an excellent block including the chairman of the house ways and means committee who's a very powerful man. [laughter] check futures, please.
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not that much price movement so far, but we'll take you to the opening bell right after this. ♪ how sweet it is the -- it is to be loved by you. ♪ feels so fine. ♪ how sweet it is to be loved by you. ♪
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stuart: on the markets, not much price action as we go towards the opening bell. dow's down about 70. michael lance are burg covers the market for us this morning, welcome to the show, mike. i want to talk about your stock pick, specifically united health care. it's now at 512. why do you like it? >> stuart, it's one of those companies that seems to do well really no matter what goes on in the marketplace. it held up well in '22, did well in '23. consistent earnings growth, consistent dividend growth, and i think it's one out of every five americans is covered by unh, and i think that's a stock that the will continue to do well. it hasn't moved a lot this year yet, and that's one of the reasons we like it. stuart: do you ever have a price target, or you don't go that far? >> i don't. i like to own these for a long time. i like to make sure they're going up. if they're going down, i'm going to take care oif99 -- of it. if they're going up, i continue to ride them. stuart: next, the era energy.
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what have you got -- next era energy. >> florida power and light is the big one here, and as you know, most people from new jersey and new york want to come down to florida in the winter. they are one of the green energy may, and that didn't do well last year. so we look at it over the long term, it's a great story. florida's a net positive of people moving in. it continues to do well as rates go eloper. stuart: that's interesting. you like it because of the demographic movement of people from the northeast to florida, increasing the population. it's florida power and light that you're looking at really, isn't it? >> absolutely. it's got this kicker where you get some of the solar and some of the other things, but we're having people moving all the time. obviously, it started in covid, but lots of new construction in florida. those are all new customers whereas in the northeast and midwest, it's not new customers, it's prisoner swaps. [laughter] stuart believe me, i've seen the explosion of population in florida. great place tonight. last one. monster beverage. why do you think they're so
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good? >> one of the reasons monster 's interesting to us, stuart, is most people in the united states and probably in lots of the developed world need energy. they're underslept. they don't sleep well. xx 3:00 rolls around, and they're kind of drag, monster's actually distributed in bag -- basically every place coca-cola is. it's available everywhere, it's been a great grower. it's one of those that hasn't moved a lot in the last 12 months, and that's what we've been focus on, can we find some stocks that haven't gone up 50, 100% in the last 12 months and we can start allocating money. stuart: if i had one of those monster the beverage drinks in the afternoon, i'd never sleep all night. never. just can't do that. thanks very much, indeed. i've got the rock ringing the bell. where's that, show me that, please. is that the nyse -- new york stock exchange -- there he is. that is the rock. not quite sure why he's --
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lauren: t tko. stuart: we're off, we're running, we have started. the dow is down 70. weir about one-third up, two-thirds down, so there's some selling on the big board. i think slightly higher, virtually flat to slightly higher and the nasdaq composite, where's that? i think that opened higher, yes, it did. 25 points, 15,385. how about big tech? where are they this morning? if mixed picture. meta and apple up, amazon, microsoft, alphabet down. earnings reports came out before the bell today including your granddad's best stock, general electric. they're down. what's happening? lauren: down 1.66%. shares are coming off the 6-year high, and they have recovered a bit because in the premarket they were down as much as 10%. guidance is the problem. remember, ge is two businesses right now. one that makes the jet engines, seeing strong demand especially in the aftermarket for parts and
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services. but but the sucker punch is there renewable energy business which they're spinning off next quarter. it's seen weak demand and, of course, more losses. but as we cover general electric decade after decade, i feel like they're always streamlining or trying to downsize or right size and fix themselves. stuart: okay. david, what do you have? j&j's there? >> j&j is one of the companies that released this morning, it's one of the names that we own. it's down a little here this morning. remember, they spun off their consumer group last year. so now it's just medical devices and pharma. they had 7.3 revenue growth last year. we were pretty happy with the report, but there's never a lot of big surprises from j&j. it's a very dependable company year-over-year. stuart: also a out this morning, i believe, procter & gamble. lauren: tide, bounty, crest -- >> and pretty much some of the biggest consumer products you've ever heard of in food and hygiene and so forth. we've owned this company forever p. j&j and procter & gambling
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are two of the best dave dividend growerses in american history, growing the dividend every single year. procter & gamble is one of our biggest names for a long time. lauren: both dow stocks also. p&g and j&j. huge write-down on their gillette business. would you guys believe me if i told you they're selling fewer razors because fewer men are going to the office five days a week? stuart: is that right? is. lauren: yeah. and that's hurting them. they've raised prices for two years straight, is and customers are starting to say, okay, enough. volume growth has been flat in every category except for grooming. stuart: that's a good at guy. what do we have on verizon? >> it's up 38% in the last three months. almost a 7 dividend which is the stuff i have to say to get your attention, stuart. [laughter] and they are up again, also like procter & gamble, quite a bitting this morning. double their expectations for new wireless sub is scribers this quarter. lauren: they did. stuart: did you recommend this
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on our show three or four months ago? >> probably ten times over the years. stuart: i would have bought it if it's got a 6-7% dividend and a capital gain as a well. >> it had been dropping in the past couple of years, but it's righted the ship, in my opinion. stuart: lauren, have you got 3m? lauren: yeah, it should be down, and it is, weakness, industrial weakness in china, huge market for them, and also slowing lek electronics sales here in the u.s. consumers are out cutting back. they cut their outlook for the year. we just covered four dow components. two down, two up today. stuart: okay. any comment? >> well, 3m is a name we don't own anymore. we did, and right now when it's down 10%, you kind of like the fact that you don't own it, but there's a lot of problems at the companioned their soft quarter. lauren: litigation. >> verizon and procter & gamble, really good quarters. stuart: i saw united airlines going straight up.
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solid gain. they're still there, up, what, 8%. after their report, why? lauren: they're lifting the other carriers. because even's flying. they said last year's strong demand continues into 2024, basically all of it. that despite them coming out and saying, well, ooh ooh, we own 79 of the grounded boeing 737 max 9 sweats. 79. the most of any if carrier. so they're expecting a loss for the current quarter because of that plane's grounding. the ceo says, well, that's the straw that broke the camel's back. we've had so many issues with boeing planes that they're reevaluating if they're going to get the max 10 because of what's happening with the 99. stuart: david's shaking his head. >> i would probably buy beyond meat before i'd buy united airlines. [laughter] stuart: you're terrible. >> this is aer the write run company. the idea that all of a sudden it's the time to buy it when stocks are forward looking, united airlines has not executed, they are way antiquated on their planes. i think that the stock is down
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huge over the years. and then they go declare bankruptcy, come back without debt and still manage to get back in the top position. stuart: you really don't like them, do you? >> by the way, or representative dan crenshaw has a new video on social media about his experience with unitedder elines i think everybody should watch. stuart: netflix reports after the bell. what are we we expecting? lauren: earnings of 222 a share. remember yesterday i said you're going to see the profits go up 1750%? those are your numbers. revenue expected, $can 8.7 billion. $ -- 8.8 million new subscribers for a grand total of 256 million. so where do you go from here? if you have so many eyeballs, how do you grow your business, right? you're saturated? more live, live sports, live competition. i think this is why the rock was ringing the bell. netflix are stream wwe's raw starting next year, and that's
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it biggest jump into live events yet and more children's entertainment to compete with youtube. stuart: david was laughing and shake his head with the netflix report. what 's your problem with netflix? >> remember, a sub psychiatrics model, so they don't get revenue unless they add subscribers, and you can get all this new content and buy the stock for only 53 times earnings. [laughter] stuart: whoa, what a bargain. you wrought some dividend plays with you. you always have this one, umi. now, that is a pipeline company. >> so it's a basket of pipeline companies. that's why i brought it up because i knew we were talking about the dow stocks today, verizon, procter & gamble. but i can't emphasize enough midstream energy, that need to export if liquefied gas, move oil around in pipelines, and this has become a really porn theme no matter what the administration's doing with their bad energy policy. it continues to do well and has about a 5% dividend.
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stuart: 5%. okay, we got to it eventually. david, stay there, more for you later. coming up, vice president kamala harris came out swinging against trump as she rally ared for abortion rights. roll tape. >> the former president -- [background sounds] hand picked three supreme court justices because he intended for for them to overturn roe. these extremists are trying to take us backwards! stuart: abortion the big issue for democrats. we're going to get into that later in the show. and there's this, a new study shows the two americas and how the nation's elite is out of touch with average people. stephen the moore brought us examples of this. he's next. ♪ ♪ made in the usa ♪ made in the usa ♪
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stuart: united autoworkers union getting ready to discuss their 2024 endorsement. edward lawrence joins us now. edward, i presume the uaw is going to endorse biden. >> reporter: you know, most likely. but this has been a tough haul for them. the president is going to be in manassas, virginia, later on today for a campaign event, he's likely going to mention there he's been the most pro-union president. but again one union not quite sure, the united autoworkers has a yet to endorse president biden mainly because the president wants to regular hate the union out of existence, basically -- regulate. that means a smaller union. during the strike last september, i talked with workers there, and they did not agree with the forced electric push. they say they stand behind the big three automakers, but the forced push to electric is not working according to them. president biden, though, refuses to change course.
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>> anybody think climate's not a progress, raise your hand. [laughter] come on, man. finish. [laughter] i've been around the world and on the ground with you making sure to help strengthen the resilience and expand the -- withstand the extreme weather and build back a stronger economy and community. >> reporter: now, "the washington post" reporting the automakers' union might vote the week to endorse president biden during their conference which is ending on thursday because he spent a few hours there on the picket line in support of their strike. more significant strikes have happened under this president than the total terms of the last two administrations. now, on monday the california faculty association, 29,000 members, went on strike. reports are there's a tentative agreement that has now been reached, but the president, stu, is really counting on this union vote as he comes up for this presidential election. back to you. stuart: he may get the union
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endorsement, but the rank and file will not all vote for joe biden, i suspect. stuart: >> reporter: right, and that's very important, when i was on the ground in detroit, we heard a lot of support for the former president. stuart: edward, thank you very much, indeed. steve moore joins me now. i want to talk about your new study that 230u7 there's a wide gap going the 1% and how they see things and how the rest of america sees things. okay, i want an example. >> by the way, just what ed lawrence was talking about is a perfect example of our study. here you've got these the union bosses who are telling, oh we're going to endorse biden whereas the vast majority of union, blue collar union people vote for donald trump. we know that from 2016 and 2020. so it's an example of how hot oe leaders are. by the way, the top 1%, we're defining that a little bit differently. it's not in income, it's the cultural elite. so the people who went to ivy league colleges, the people who have a postgraduate degree can, people who live in urban areas,
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not rural areas, that kind of thing. and people of high income. and they're so south of -- out of touch with what real kind of main street americans believe. it's almost like they're talking about two different countries. so i'll give you a couple concrete examples. and ill ask you guys. in americaed today do you think, david, do you think there's too much freedom or too much government control? >> oh, i think there's too much government control. >> that's what 75% of americans believe. these heats, half of them think there's too much freedom in america. what kind of crazy person thinks there's too much freedom? stuart: give me another one. >> the another example. the -- who do you think should have most control of the schools, should it be parents or the teachers unions? well, most americans say, yeah, parents should have control of the school. no, the majority of these if heat say it should be the teachers unions to run the school. how much are you willing the pay to fight climate change? the average american says maybe $50 a year. [laughter] lauren: is a that really what
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they said? >> that's to median answer. for these elite, whatever it takes. thousands and thousands of dollars per american. and my favorite one, do you guys think that the government should ban air a conditioning? [laughter] stuart: no. >> do you think the government should ban discretionary if air travel? stuart: not. [laughter] >> do you think they should ban gas stoves? stuart: no. >> that majority of these elites say, yes, we should ban -- and suvs. stuart: who did you talk to for this? >> i was undecided until you went after my air-conditioning. >> exactly. [laughter] new york i mean, and the thing is about these kind of policies, also, for example, with the schools. most of these if elites don't send their kids to the public schools, so they don't care. one final one because this is right in your strike zone. how do you feel -- has bide been good for your finances? 70% of americans say, no. but 75% of these if elites say, yes. finish so it's a grand canyon
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pass. -- can chasm between these two groups of people. stuart: you've bot9 to come back soon and tell us more about this because that's a very interesting study. it shows how politics has chained. ordinary folks are now republican. >> exactly. and, by the way, that was very clear from what happened in the last two elections. trump won the middle class voters. the ones he lost are was the wealthy suburbanites and wealthy people. >> i just real quickly want to say one of the things that's created that division is the cultural issue, a lot of this transgender stuff and the critical race theory. those are the things dividing the cultural elites from americans. it's not economic anymore. >> yes. and you see that too. issues like climate change, lgbtq, those are the issues9 that the wealthy elite, most americans, you know what i care about? putting food on the table, paying their bills. >> and their air-conditioning. [laughter] stuart: come back soon, stephen. >> do. stuart: okay. we've got new numbers on how many people are look for a
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career change. i'm not if sure i trust this kind of stuff, lauren. [laughter] lauren: well, 85% say, yes, we're open to changing careers. but i don't know that's the story. the story is, it's less likely we're going to be able to get a new job because there are fewer jobs that are open, and companies are offering less pay, less flexibility. they're holding the line when it comes to perks. so job seekers are finding they have less leverage in 2024 and even late 2023. i think we're going to start to see a lot of bare min if mum mondays and quiet quitting because there's the sense that workers are not happy, they're disgruntled, and they don't know what to do is it -- with it. stuart: we will not have any quiet quittersen on this program. what time is it? i 9:48. you stay and you're done. coming up, we talk a lot about the contrast between donald trump and president biden. the contrast will be on full display later on today. that will be the subject of my take, top of the hour. we all know how kids will do anything to get out of school.
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remember ferries buehler's day off? roll it. >> he's still awfully warm. >> how do you feel? >> 150% better, thank you. please, don't make me stay home again. i want to go to school. >> ferris, you're sick. now, don't go pushing it and making yourself worse. [laughter] stuart: now, that's brilliant, isn't it? that's actually brilliant. ohio lawmakers have a solution for chronic absenteeism. they want to pay student to attend class, believe it or not. we have the report right after this. ♪ ♪ ♪
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stuart: ohio lawmakers considering a proposal to pay students for showing up to class. lydia hu has the story. what is going on here, lydia? >> reporter: yeah, stuart. ohio has a problem with chronic absenteeism. there more than 1 in 4 students miss 10% or more school days. so as a possible solution,
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statement lawmakers propose paying parents of kindergarteners and ninth graders in what would be a 2-year are, $1.5 million pilot program. so here's how it would work. just for showing up to school, the state would make biweekly payments of $25 in cash to parents of participating kindergarteners and jointly to parents and students who are in the ninth grade. students who have a 90% ace ten dance rate for the year would get $150 at the end of the quarter and $500 at the end of the year. now, one of the local lawmakers sponsoring this legislation told me i should hear his voicemail. he says it's full of messages from people who say they don't like this idea, but still he insists that improving attendance is worth the cost. >> if it works, it's a win-win. we are saving money, we are getting students in the door, we are changing the culture of attendance. and if it doesn't work, we need to be trying other things because this is the an emergency.
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>> reporter: but critics say parents, paying parents for school attendas is -- attendance is like paying someone to obey the law. >> we're going to essentially not pay the child, because it's a kindergartener, we're going to pay the parent to do what you are legally obligated to do, which is make sure your child is educated. >> reporter: right now this bill is a proposal and still has to go through committee, so it's not clear, stuart, whether it will pass. it's certainly stirring a lot of conversation. back to you. stuart: certainly stirring a lot of conversations around this set, believe me, and they're all negative. lydia, thank you very much. david, thanks for joining us for the hour. great stuff. >> thanks so much, stuart. stuart: all right. and still ahead, brandon judd, bret baier, deroy murdock, dana perino. the 10:00 hour is next. ♪ ♪ and baby tonight the dj got us falling in love again. ♪ yeah, baby, tonight the dj got us falling in love again.
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