tv Bulls Bears FOX Business November 7, 2018 5:00pm-6:00pm EST
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everyone has something they want. everyone has something they hate. seems that we don't have an election around the corner, maybe sit there and get some stuff you want and make a deal. >> that is hopeful. >> the present does like to make a deal and it could be the silver lining. melissa: "bulls & bears" starts right now. david: hi everybody, this is "bulls & bears" i am david asman. thank you for joining us. today joining me liz, steve and kevin, we have an 18 here. stocks surged on the heels of the midterm election results. the dow closing up a whopping 545 points. folks, is a republican win in the senate the cause of this? or is the expectation of gridlock in the house? driving this? >> it is both, david. it is a situation where the
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fact that bad things are not going to happen, that is a good thing. except on the tax front nothing will happen. but the other thing out there is there looks like there is the beams of a trade deal with china. an evolving oil, china has been quietly knocking down tariffs a little bit. i think the markets see that. if you resolve that, today is just the hors d'oeuvre. >> i think absolutely, you're absolutely right. not only in charge of the senate, we can still see private putting conservative justices on the court around the country and having the senate and republican hands. which by the way, going into yesterday, so many races were razor thin. it was really unclear that the gop was going to hold the senate but also a tremendous speed bump against obviously, impeachment, investigations. and also, legislation that might come out of the house
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which might not be good for the economy. >> is about the gridlock. we've talked about this on and on. you know the market loves nothing better than to see split government. i do not they actually think that the senate has a big impact on it. i think we all knew. >> what?will new the senate was going to stay with the republicans. we do not know by how many seats. i happen to predict three. i think that's what it will be. [laughter] this is gridlock. and here's the good news, it will status while for -- it will stay this way for a while in the market will appear. >> gridlock might be good but unity is greater. think about the fiscal policies we just push through. and whether the market do? rip higher where income wages, exceptionally higher. where are we out of? secular stagnation the previous administration said we could never get out of. i'm sorry but this economy is doing well because we have a united congress that was in line with our administration. i think this is digestible gridlock.
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he saw the dollar actually come down a little bit, that helped the market. you sold bonds go up which took yields down, that is good for the market. you're just not going to seem to big fiscal plans or policies come through to help take the -- >> the equivalent of a tax cut is deregulation. it cost the economy $2 trillion he appeared real progress has been made. controlling the senate means that can continue. there is no the house can stop it. if the fda, epa and other agencies, federal communications commission, that deregulation bulb will continue to roll and it is equivalent of a big tax -- >> having the senate with such a much larger majority than before. this is an institution that approves all the justices, all of the judge's who have an enormous influence on business in america. >> i also think -- >> of course it is! they have a lot of influence in what happens to businesses in
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america. >> they had before, yes, they will continue to approve judges but i do not think -- >> if the senate had gone democrat would be in a totally different outlook today. and a totally different -- >> i agree! >> i would argue is literally look at the top six or seven contested races in the senate, the margins were incredibly narrow. it was conceivable if you had the blue wave that nancy pelosi was dreaming of, the senate would have gone republican. what i want to make another point which is, actually what we have now is a continuation of what's been the case. because the house has passed an enormous number of bills, hundreds of bills under paul ryan. 569 are stacked up waiting for attention in the senate. so guess what? we've had a republican house and it really has not met that much. >> i had to say one thing, there is no lonelier job in washington these days than being a republican in the house. [laughter] congresswoman cheney come out with a letter today to her colleagues saying,
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we have got to stand firm, we have to stand our ground. it will be hard not to the bold over. frankie will be hard to do that. >> can i play my small violin? >> i would say the attorney general, in case you do not see the news today -- >> we will be talking about that. >> i know but i just saw -- the services committee is going to be led by maxine waters. what worries me the most is the rhetoric that comes out of there and what it does to the psyche. because financial situations do not like uncertainty. if they hear a lot of rhetoric coming out of the financial services -- >> increased margin in the senate so important. noises from the house will not mean much in the will overplay their hand which i hope the republicans ãit will help the republicans in 2020. the other thing on the republican side, maybe they will learn communications 101.
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they got rolled over on healthcare in the elections because they could not explain anything. on taxes calling it reform instead of tax cuts. sharpen their message and they will be in good shape for 2020. >> one thing we do know is that with the changeover in congress, the presidents agenda could be facing some major challenges. if it is split. listen. >> hopefully we can all work together next year to continue delivering for the american people. included on economic growth, infrastructure, trade, lowering the cost of prescription drugs. these are things we want to work on and i believe will be able to do that.>> you know, by the way, there been instances in the last couple of years and president trump surprise everyone such as on immigration. with going to democratic leadership and say hey, we can create a compromise here. unfortunately, those things tended not to happen because he did not want legislation on immigration. but the truth is, there is room
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for compromise. >> on the other hand i'm kind of worried. look at infrastructure, look at trade, look at price controls on drugs. i mean, these are things that have been growing the government, not shrinking it. >> as a gamer republican that defined not only communication skills but also the fact is they have to get their backbone back again. for the last six months you've not heard much out of them. they're not done very much. they have to get to really work on that. the key thing is to have a specific agenda and make it very clear.there will not rollover for the democrats. the other thing that will help the republicans is the fact that the democratic base still regard donald trump as the devil incarnate. they will find it very hard to do any deal with him unless it is a spending binge. >> wait, are you opposing the idea of working together on infrastructure? i would have thought -- >> if it's growing the government then yes. >> the infrastructure, you can have good kinds if you let the state or local do or you can have the new york city kind where they are hired to do
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anything here as it is in paris which is more unionized than new york. >> i got one forward for you, bonds. every hair bonds? >> they can work. >> i support a partnership between private and public to get infrastructure done but i have to tell you something. i am one of those people who believes the president should have put infrastructure number one on his agenda right at the outset. the country badly needs it. i am wide open to different ways of financing it. >> okay. >> the democrats -- >> we need to get people together. >> the problem is democrats are not in favor of private public partnerships. there have been governors who really use those vehicles to finance infrastructure but democrats generally do not like it because they think there is profit, and it is taking money out of the pockets of taxpayers. that is a battle that has to come but it should be done that way because the federal
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government cannot come up with trains of dollars for infrastructure. >> no, and that is the biggest problem because one of the most important pieces of infrastructure the president wants is awol. and he is not getting the budget for it. and that is the biggest -- he is tying it infrastructure, right? so he is trying to tie the wall to that and the infrastructure. >> have to say today he essentially ruled that out. or said maybe we'll just have pieces of it. but with this particular congress it will be hard to get the whole thing done. yeah, that is the whole point, right? he has to figure a way to message it right because he said we will build a wall. promises made, promises kept. if he doesn't get it done by the next general election he will have to have a message for his base to get to them. >> looking that the people of lead in the house of representatives.you want these characters leaving the country? message delivered. [laughter]
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>> what about trade, by the way? a lot of the democrats used to be the folks who were pushing protectionism through the unions. now it is largely the president of the united states. is there going to be any kind of coalition between democrats and president trump on that? >> that could be, actually. this is something not often discussed. you'll find more agreement with this president on trade issue. particularly when it comes to china. not necessarily with some of our allies.you'll be surprised how many people are ready to be sympathetic with him in the democratic party. >> it is going to come up pretty quickly because they have to approve the nafta 2.0. >> excuse me but usnca. >> richard -- with maria bartiromo yesterday was talking about how they might require more concessions for labor then contained in the document. we will see whether or not the democrats will fall in line
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behind him or it seems to me the height of hypocrisy to do this for all us months for not being pro-trade and then stand in the way -- >> i should mention by the way, extraordinary, donald trump admitted he didn't even read it. so how can you do that? >> and -- telling us that the democratic party is now the part of the rich. he will join us. and they say jeff sessions is out as attorney general so what happens now? a live report from the white house next.
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>> big hemline out of washington. jeff sessions has resigned as attorney general. let's go straight at lawrence at the white house. how did all of this go down? reporter: it was a bombshell this afternoon at the white house. the president asked for and received a resignation letter from attorney general jeff sessions. the letter which is right here, it started out saying that at your request i am submitting my resignation. the letter goes on to say that
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we've operated with integrity and have lawfully and aggressively advanced the policy agenda this administration. the president tweeting this afternoon saying we are pleased to announce that matthew g whitaker, chief of staff of attorney general jeff sessions at the department of justice will be the new acting attorney general of the united states. he will several country will appear democrats already balking at the move here. as the future russia probe hangs in the balance. >> i would say this. protecting robert mueller and his investigation is paramount. it would create a constitutional crisis if this were a prelude to ending or greatly limiting the mueller investigation. >> it is important to note that whitaker actually penned an article saying the russia probe has gone too far. the article last year. now fox sources are saying he is in charge of the russia probe. in fact, doj sources are same department of justice is saying he is currently acting director of the or acting attorney general because he was sworn in
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for another position that covers this. the president said he may change his mind on some other cabinet members. he says many administration the passive change cabinets after midterm elections. his would be no different than this. we suspected the day attorney general jeff sessions would lose his job. just not ours after the midterm election. david? david: all that does happen, thank you very much. judge napolitano is joining us now. i think back to 2006 when rumsfeld, the middle of a war was fired just after the midterm elections by president bush. two points i would make on this. one, well knew jeff sessions would be fired. very soon, if not the day after the elections. second, most, if not all, john decker pointed this out. most if not all of the stuff that robert mueller was investigating involving the presidents personal finances have been farmed out to the u.s. attorney's office. in the
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southern district of new york. unless the attorneys office is going to be accused of obstructing justice in some way, isn't that isolated from the mueller investigation? and therefore, this change of attorney general doesn't make a difference? >> we have a couple of issues here. first a letter of resignation is unsigned. excuse me to sign but undated. which tells me it was submitted a long time before today. the president decided when to pull it out of his desk drawer. can he do that? yes he can. but it did not happen today. no lawyer would sign that without the date unless he was compelled to do so. number two, the investigation in new york is the investigation of the trump organization and the presidents personal finances. it was sent to new york by robert mueller. it was under the supervision of the u.s. attorney for the southern district of new york that he recused himself. it is under supervision of the number two. who does that number two that he reported? matthew whitaker. if he is a conflict, it would
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devolve down to anything he supervises. the reason we do not know if he has a conflict as he has not gone to the ethics investigation and the background investigation that is required of whoever is running the department of justice. >> judge, is there any way he can bring pressure to bring this investigation to a close without doing something that is going to make everybody go crazy?i guess what i'm asking is, can he put limits on this investigation now finally? because there is pretty widespread agreement, polling shows people are really tired of this and think it has gone too far. can he rein it in? >> yes and no. he can rein in for a legitimate law enforcement purpose. he cannot rein it in for an improper purpose. like mr. president i promised to rein us and for you if you make me attorney general. i am not saying this happened but if he interferes with a prosecution midstream, he himself, could be a defendant in obstruction of justice
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charges. if he intentionally closes the spigot of finances so robert mueller cannot pay the fbi agents under his budget, because he wants to impair bob mueller's effectiveness because he wants to get the monkey off the presidents back, he himself could be charged with obstruction of justice. >> judge, let me pick up on liz's question. as written report, mr. whitake , does seem to feel that it's gone too far. but he has also specifically written that he thinks it would be wrong for the special counsel to look into mr. trump 's finances or anything not having to do with russia. he said that in one of his articles. is that an area where he can now limit the investigation or is that ship sailed? >> we do not know. because we do not know the nature and extent of the investigation up here in new york city at the hands of the u.s. attorney for the district
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of near production the first assistant because jeff berman, he is attorney appointed by donald trump has recused himself. but you cannot stop an investigation once it has started. because you don't think the person should be targeted. and you can't dry up the investigation by closing the spigot of cash needed to finance the investigation because you don't think the target should be prosecuted. >> so it's going to go on? >> this is why it is probably improper to have named whitaker as the acting attorney general because under the statute, the deputy attorney general, rod rosenstein, automatically becomes the acting attorney general upon the dismissal resignation or removal of the attorney general. to have bypassed rod rosenstein without firing him, is absolutely unheard of and contrary to the statutes. >> interesting. >> that is very interesting we all remember watergate when the
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assistant attorney general before they got the job done with the solicitor general. what you're saying on the robert mueller investigation, why is it taking so long? if there something there, wouldn't he have found it after two years? what's the problem? >> i do not know the answer as to why it is taking so long. >> does the justice department have a right to ask? >> the president doesn't because the president is a subject of the investigation. >> so how do you stop this runaway train? >> rod rosenstein is in charge of the runaway train. i think we will know soon why robert mueller has taken as long as he has. he will deliver a report or indictments to rod rosenstein. if he is still in charge. but we do not know who's in charge! if it is someone who hasn't been confirmed by the senate it's an illicit appointment.
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>> is it fair enough to say that the mueller investigations can still go on indefinitely here? we are reading reports, and seen that some associates are now being brought in front of the grand jury. so where do we go from here and how long do you anticipate this going on? say rod rosenstein -- >> quickly judge. >> robert mueller only answers to one person, rosenstein. that has been charged to a person who is not lawfully authorized to be his superior, then we have a serious problem. probably a constitutional crisis. quickly rosenstein is the engineer of a runaway train, any engineer of a runaway train is the problem. so that has to be fixed at some point. coming up next -- >> the president can fire rosenstein. >> he could, we'll see if that happiness. >> foster freeze on how the midterms are redefining both
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parties. >> the democrats are another part of the rich and republicans are now the party of the everyday guy. fact is, there have been twenty-six in the last decade. allstate is adapting. with drones to assess home damage sooner. and if a flying object damages your car, you can snap a photo and get your claim processed in hours, not days. plus, allstate can pay your claim in minutes. now that you know the truth... are you in good hands? i can do more to lower my a1c. because my body can still make its own insulin. i take trulicity once a week to activate my body
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philanthropist and former wyoming republican candidate for governor, foster freeze says the identity of both political parties has changed. he joins us now, you say democrats used to be the blue-collar guys. and republicans were the country club white-collar folks and those roles have been completely reversed. explain.>> if you look at who are the people in the trump rallies, plumbers, a electrician, construction workers, nurses and if you look at who is calling the shots and funding the democratic party, it is the people heading up facebook, google, george soros, amazon. your roles completely change and they are no longer the
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republicans they were. there is no name for this party yet, we call them the bison party. [laughter] >> so i have got to raise the irony of an incredibly successful republican mike is a pointed this out.however, i hate to say it. i have to agree with you. this has been a problem with my party. we've got very involved for many years and some very lofty goals. which i think had some good results. but we forgot that we are supposed to be the party of the working man. so i am here to pledge to you personally, that going into 2020, the democrats will once again become the party of working class americans. >> oh my gosh. >> because if we don't we are in big trouble! >> foster, do not you use the word bison party.
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-- >> how do we end up with an elephant? there are no elephants in meric anyplace. i don't get it. >> better than a donkey. >> it seems to be the democrats have attached themselves to the very wealthy, particularly the tech people and also wall street. but also, very low income americans. i think it is the middle class would have exited and left that very fertile ground for the gop. it seems to me that's what a lot of the conversation about the campaign was about. >> you also have to challenge the suburbs, the republicans did not do well. especially states like new jersey. where they had done well before in thesuburbs. how , question is how do we get those votes back again? because in many ways they are fiscally conservative. they are not on the far left. >> i think the answer there is to try and get this healthcare issue resolved. in many states there is no insurers. in wyoming will have blue cross blue shield. we have to figure out a way of how to make the insurance companies more profitable to they will go back into business. i think healthcare is very important to these suburban
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people and their husbands are, regardless of who is working in the country, i have one friend that had a $22,000 premium and 9000 deductible. $31,000 total exposure. in a liturgist recently and those are after-tax dollars. those are the kind of folks who are benefiting from this big shift to direct provider care. where if we could get the program that susan collins wanted, one of the greater woman in the senate, she worked with others, they had a plan as you know, that missed by one vote. california has different format for healthcare ideas. maybe single-payer.then say, south carolina. let's get the money back to the states and that will be huge part of the solution to dramatically reduce cost.
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>> foster, i really like those ideas. but one of the problems i see happening in washington is that there are no moderates left. no one across the aisle. all of a sudden any politics you look at a lot of the democrats that won. their talk about socialism. i mean i've never heard the words medicare for all so much in my entire life than i have in the last six months. which is scary to me. because who will pay for it? where have all themoderates gone and where to locate those people and put them in the republican party? >> let's take the other side of the coin because you look at cunningham , who won the seat formerly held by sanford. mark. basically everyone around him said he is a closet republican. and i make the point that a lot of these people were elected on the democratic ticket. yes, some were socialist but many were elected because they did not like what the pennsylvania folks did when they ran casey, a pro-life guy againstsantorum . i think a lot of these elections were very close. they cannot go too far to the
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left -- >> foster, a question for you. do you think joe manchin iii of west virginia now switches parties? >> well, i have, and close to one of his dearest friends and we been working on for a while. but no luck yet. i think he will vote in many on the right ways. >> you are right on healthcare. there are medicaid referendums in several states. including idaho. expanding it and all of the referendums past. >> foster, let me interject here. liz cheney from your great state, has become a candidate for the conference chair for the gop. put out quite a long statement today talking and not about the messaging issue of democrats but again, amongst the gop. saying, despite the tremendous success of the trump economy, tax cuts, historic regulatory reform, crucial efforts to begin rebuilding the military and restoring american strength
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and power.we will be in the minority and the 116th congress. first to prevail in this new environment, we must fundamentally overhaul and modernize our house gop communications operations. sound like she is pretty ripped that basically, the gop representatives did not get out there and sell what has been going on in this country for the last two years. your thoughts? >> well, i think liz cheney is brilliant. i am a huge fan of that woman, she is just phenomenal. everyone loves her in wyoming and with that statement, you can see she's on the right track. these messages should not be that hard. for example on global warming, a lot of people just write republicans off if you are not believing that we ought to close down all the coal plants. but if you look at the paris accord -- >> forgive me, foster. this is a live shot of jeff sessions walking out of the justice department.let's listen in if he has anything to say. [applause]
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[applause] [applause] >> once again, quite a day for that man. jeff sessions, the former attorney general of the united states. submitted his resignation. some questions about what he actually wrote it but it was submitted today. the president has accepted it. if not demanding it and we will see what happens now. foster, forgive me for
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interrupting in the middle the thought. go ahead and finish and then we go to break, quickly. >> if the paris accord,russia, china and india , the three largest polluters. they put zero dollars into the fund. we put $1 billion and if you look at what creates most of the hospitalizations, it is simply called sm5 or something, particles of soot. that is 90 percent of the hospitalizations. our parts percent meter, cubic meter are like maybe 18. the standard in europe is 25. so we are below that and we also below france and germany. then iceland and greenland are lower. once we can educate people about where we really stand with the condition of our air and water compared to the other countries, i think the whole idea of, will go away. >> no matterhow bad good we are -- no matter how good we are others will affect it.
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thank you for coming in. >> i am thrilled to be here. >> come back to see us again. coming up, trump suggested he could not find middle-class tax cuts but who could this impact? what would adjust to the overall economy? we will break it up for you coming up next. with fidelity's real-time analytics, you'll get clear, actionable alerts about potential investment opportunities in real time. fidelity. open an account today.
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with an idea for tax cuts which i am a big believer in tax cuts, i would absolutely pursue something. even if it means some adjustment. >> some adjustment on what side? >> just to make it possible. i would love to see a tax cut for the middle-class. >> the present suggesting it might work with democrats to raise corporate taxes as part of a deal to lower individual tax rates. markets not faced at all by the idea of an adjustment in corporate rates in fact, moving up after the presidents comments. some kind of bipartisan tax
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deal really possible? what do you think? >> actually not. the republicans in the basin senate and house will not go along with it. the base of the party will not go along with it and it is a kind of bad deal all around. why raise taxes? the democrats are only going along with the deal that does raise taxes. let them be the tax raising party. we are the taxcutting party. don't lose that. >> i think that's totally right. president trump obviously was trying to solidify his overtures to the middle class coming with the election but that's what he talked about that. i thought it was bogus at the time, frankly. i think it is bogus now. >> i have to say i agree with liz and steve. the reason the markets were unfazed with the president had to say is no one believed it. i don't believe him and no one else did. and assume it will not happen. >> we start off the show talk about how there's gridlock in washington. i don't understand how this
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could get through the apparatus in dc. >> we also talked about how one thing the republicans did not do well in the present was part of the problem was explaining how the current economic growth is in part of course, d regulation. some people say it was just the big guys, i hate to use the word trickle down but the fact is, when the corporations got all of this morning, they began to hire people and that is what led to this extraordinary number of jobs which led to more people paying taxes. >> it is amazing. to the point of liz cheney basically the gop let the democrats set the tone on the tax cuts from -- before the bill was written! chuck schumer stuck my how to give out, give out to corporations and the wealthy and they never backed off that. i think the republicans, number one message is this election cycle was they could not explain why the tax cuts were good for americans. it is unbelievable to me.>> some are calling a tax reform instead of tax cuts.
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we were losing it from the beginning. on the individual side -- >> by that you just mean people to understand reform. tax cuts are easy to understand but what is reform in washington? it's usually a misnomer.>> usually means more junk. and what they do in this session campaign? tax cut 2.0. will make the last tax cuts permanent? people scratch their heads. this expires next month.what are you talking about? they did not come up with a new tax package. 1.0. last year they came up with this crazy border tax, the gop just can't get out of its own way. >> let's remember how this was sold. i think this part of the problem here. you could have gone out and sold this and said giving the corporate tax relief is going to do everything that you are sitting here saying that it did. great. but they went out and sold it saying there was going to be more money in your paycheck if you are a working-class american. >> there was! >> the only people that got a tax increase where the rich.
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>> the large multinational corporation tax rates went up. look at ibm. look at what happened. there was a small and medium-size business actually got the tax cut and hiring people. it's a fact because it was cheaper for ford companies and it was for american companies. we had one of the largest tax cuts and -- >> you will see the numbers, the average working american did not feel like they got what they thought they were going to get out of it. >> they did not feel it and that was important point. that was a messaging problem by the republicans.they should've said the reason why they are so many jobs and more opportunities in rate can go up for your jobs and get more money for the jobs is because of the growth in economy. that was because of the tax cuts. that's what they should have messaged and they did not do a good job of it. up next, midterm results in some nations across the nation still too close to call.
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but voters did seem definitive on one key issue yesterday. we will tell you what that was, coming next. (engine roaring) (horn honking) okay, okay, okay... (clatter) ( ♪ ) feeling unsure? oh... (nervous yelp) what if you had some help? introducing the new 2019 ford edge with the confidence of ford co-pilot360 (tm) technology. the most available driver assist technology in its class. ( ♪ ) the new 2019 ford edge. welcome to the place where people go to learn about
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like to travel? this kind of plan goes with you anywhere you travel in the country. so go ahead, spend winter somewhere warm. if you're turning 65 soon or over 65 and planning to retire, find out more about the plans that live up to their name. thumbs up to that! remember, the time to prepare is before you go on medicare! don't wait. get started today. to learn more about the range of aarp medicare supplement plans and their rates, call or go online today to request your free decision guide. oh, and happy birthday... or retirement... in advance. >> and aiming at climate change. -- renewable energy mandate in
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arizona what does this tell us about where voters stand on the issue? >> is amazing in the state of washington they rejected it. it shows there is sanity and the american people when they get the facts. >> it's a pocketbook issue. inverters and how expensive it is to go 100 percent renewable or to put a tax on carbon, guess what? they don't want to see their power costs corporate electricity charges go up. >> it is 2 to 3 times those of the us. >> yes and all those people in europe, you figure out what's wrong with the program. >> to piggyback off of liz, it was going to cost an arizona household more than $1000 he had the initiative gone through. one of the biggest proponents was a california billionaire, who is actually donating toward the cost to try and push it through. those in arizona didn't like it. >> we should venture by the way california, not all such measures fail.california has a $0.12 gas tax, ecological carbon climate change gas tax.
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they voted to keep that in effect. >> i have to tell you, i was very surprised by washington. at that it will go down in his other places, the campaigns against it were very well done. i was surprised that washington rejected it. it may just be telling you that maybe this is one bite too much in an election year like this. they just were not interested. >> and people are getting smarter people heard from a previous guest saying, if india and china do nothing about it and we spend trillions of dollars trying to clean the climate, it ain't going to change a thing. we will still have as much co2 in the air. >> think about what happened with -- in the previous administration. a lot of programs have not worked out. and so let's let free market, private enterprise tickets instead of jamming it down our throats through the public sector. >> they also go for sillythings trying to ban straws for crying out loud. [laughter] come on ! >> while they are hypodermic needles all over the place.>>
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if they taken all the money they'd tried pushing the referendums and worked on battery power and battery developers, guess what? we probably be much further along in making these things economical. that's where we need to go. >> and now to liz. what we told you about the homeless crisis. we have an update on that coming next. eir clients cookie cutter portfolios. fisher investments tailors portfolios to your goals and needs. some only call when they have something to sell. fisher calls regularly so you stay informed. and while some advisors are happy to earn commissions whether you do well or not. fisher investments fees are structured so we do better when you do better. maybe that's why most of our clients come from other money managers. fisher investments. clearly better money management.
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save you money on monthly premiums and prescription drugs. these are affordable, all-in-one plans that help pay for doctor visits, hospital stays and emergency care. but they also include prescription drug coverage. in fact, last year humana medicare advantage prescription drug plan members saved an estimated $6,900 on average on their prescription costs. call a licensed humana sales agent or go online to find out if you could save on your prescription drugs. this plan delivers coverage for the three things you may care most about; prescription drug coverage, doctor visits, and hospital stays. plus, potential cost savings on your plan premium. humana has a large network of doctors and hospitals. so call us, or go online to find out if your doctor is part of the humana network. ready to learn more? call the number on your screen for this free, fact-filled decision guide.
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there's no obligation, just good information. call the toll free number on your screen, now. you'll learn all about a humana medicare advantage plan and how it compares with your plan. with most humana plans, you get coverage for prescription drugs, doctor and hospital visits, and more. all for zero dollar .. dental and vision coverage. and, most humana medicare advantage plans include the silver sneakers fitness program at a local fitness center. so call or go online to find out if your doctor is part of humana's large network of doctors and hospitals. and see if a humana medicare advantage plan is the right plan for you. pick up the phone, and call the number on your screen. the call is free. and licensed humana sales agents are standing by. so call now.
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david: voters in san francisco voted to increase corporate tax revenue. twitter's jack dorsey argued the tax would drive companies away. who is right here? >> let me see. as a san francisco land owner, let me get this straight. i get the benefits of solving a big problem. it is a big problem, the homeless. and you are telling me those big businesses are going to pay for it? i'm shocked.
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stunned beyond belief. here is the prediction. this will have a legal challenge and don't be so sure it will go through. >> that's why we needed the gop to keep the senate. whenever you put out there raising taxes on corporations, liberals go happy because those are not real people. and they have not connected the dots between corporations doing well and people doing well. but the problem is they will have a lot of money and flimsy plan in terms of what to do with it. >> the failures are manifest. rich lowry in the "new york post," you should find his column from yesterday. they are reinforcing failure. cities like houston have tough love. david: if you make it easier to
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live on the streets, you will have more people living on the streets. >> the ranks of the homeless are growing every year. >> politicians are addicted to failure on that. >> if i was in san francisco and we saw a dirty needle. we had a nice airbnb and we had a homeless person sleeping outside our door. it was very uncomfortable. dorsey is right. you shouldn't mandate companies to do this. the smaller companies will be hurt the most of. dave rrp are you thinking about moving out since you have property there? >> no, we'll deal with it. most of cities buy bus tickets to ship them to different city so they have a homeless problem.
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limits confronts this in a smart, sensible way. the city of san francisco will have the money now. but they are going to have the opportunity. let's see if they can do anything. >> the question is, what are they going to do with it? one of the reasons you have a housing crisis is they made it impossible to build. all the environmental regulations drive costs up. it's an impossible situation. david: this is a city that cares more about plastic straws than it does about hypodermic needles. >> we are going to get steve a christmas present of beautiful plastic straws in california, i know somebody. >> even though i'm a conservative, that's one redistribution i would like. passing out plastic straws.
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david: we all came to an agreement on this. they don't know what the heck they are doing. the only question is whether the businesses stay there. >> they will. david: we appreciate you staying there and watching us. "evening edit" starts right now. president trump: it's no great secret. a lot of administrations make changes after mid-terms. for the most of part i'm very, very happy with this cabinet. there will be changes. nothing monumental. i don't think it's more than most of administrations. liz: president trump ousting attorney general jeff sessions. on the russia probe, he said i could fire everybody now, it's a disgrace. what it means for the mueller probe and the democrats' push against trump.
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