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tv   Bulls Bears  FOX Business  February 27, 2019 5:00pm-6:00pm EST

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today glad we squeezed it in, though. market ending down 72 points on the day. >> not bad. we will continue to cover all the breaking news and thanks for joining us today. bulls & bears starts right now. david: single payer government run healthcare, a group of house democrats now pushing a bill that would transition our private system to one run by the government, within just two years, with no price tag attached. this is bulls & bears i'm david asman. you can bet our panel will have a lot to say about this. susan lee, jack houg, scott martin and steve forbes. >> it is time to ensure that healthcare is a right and not a privilege, guaranteed to every person in our country. it is time for medicare for all. [cheers] david: so that's how they were rolling it out today. folks, the bill covers everyone, not just the elderly or
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disabled, with no co-pays, premiums, or deductibles. you go to the doctor of your choice and it covers everything including vision, dental, and mental health. that's even more than canada's socialist system covers. they also say they will have the power to negotiate lower drug prices, but again, no price tag, no explanation attached. what do you make of this? >> well, you wonder what they are smoking. first, drugs are about 11% of overall healthcare costs. on such thing it's medicare for all, they are using a name that people like to cover socialized medicine. under socialized medicine the way they control costs since everything is free is by rationing. so you don't get those operations when you need it. you don't get the treatments when you need it. in england, in britain, if you need kidney dialysis, forget it, you are going to die, they will never let you have it. it also crushes research and development. that means we won't get the medical devices and drugs we need to deal with things like
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alzheimer's in the future. look at europe, was once a great front in new medications, now the u.s. is way ahead and they are stagnating. >> this is a good old fashioned left overreach; right? they have a little bit of an idea here. in fairness we must say that republicans have done nothing on healthcare, have provided no alternative here. if you poll people in america and say are you for medicare for all? if you're talking about giving them an option of buying into something or keeping their private health insurance as they like it, i think most people would be for it. if you are talking about taking everyone out what they are in now and whether they want it or not and shove them into medicare, i think it is too much too soon. it is an over much. >> somebody has to pay for at
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this point. that's the reality. estimates are saying 3 trillion dollars. that's like, what, it's 4 trillion dollars right now for the entire government budget each year. i'm not sure it is affordable. >> i think they mean per year, susan. that's the problem. no detail to this plan. i will tell you one other thing that kind of concerns me that steve touched on. it is innovation, the report recently out of the american association of medical colleges talking about the doctor shortages that will be out there in the next few years. just wait -- this is still when we have private care. just wait until the government gets into this scenario and tells the doctors what to do, what to prescribe, how to operate, can you imagine the doctor shortage, the nurse shortage we're going to have in this country because they are not going to want to get it in practice. if they are having trouble getting into practice now, imagine if the government is involved there. that will totally destroy the standard of care in this country. david: i sent a copy of this to dr. marc seegal our resident
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doctor on this. he sent me back this poll, 90% of physicians oppose single payer, essentially socialized medicine. 90% oppose it. already you have 30% of physicians in the united states refusing to see medicaid and medicare patients because they get paid too little. they have to deal with all this paperwork, even more than insurance companies. it's a mess. >> it is a mess. and there's no reason why doctors today are bureaucrats. 25, 30 percent of their time filling out forms, being on-line, just to go along with this stuff. out of the centers for medicare and medicaid, 11,000 pages of new regulations each year. how in the world do you get a system running with that kind of stuff? so it's bad enough as it is. we should be going the opposite direction, more free markets, more effective safety nets instead of more government control. >> the chance of this becoming law right now is 0.0%. this is going nowhere right now. however there's a warning here for my republican friends. you got to provide alternatives.
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don't let this be what we end up with by default because you were afraid to try something new. david: he was talking about new ideas. >> let's see some legislation. i'm all for free markets. we can't just say free market, free market, that's what's going to work when people are getting clobbered right now by healthcare costs. >> let's take something more basic than healthcare. without food nothing else happens. we don't have governments running farms in this country. >> it's not the same thing for one reason and that's because demand for healthcare when you say loved one hurting you say what's your willingness to pay, the answer is always everything i have, everything i can borrow. >> the point is, by allowing free enterprise in the agricultural sector, we have plenty of food and people have problems, we have everything from food stamps, food banks to deal with it. why can't we do the same thing in healthcare? have that basic coverage, like we do with food stamps, if you can't afford it and let free enterprise run free and reduce
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the cost of healthcare and get more healthcare for less, just as we do with lasik surgery, costs 40% less, nominal dollars than it did 12 years ago. david: that's because it is a free market. >> it is a free market. >> when you haul the pharma ceos on capitol hill talking about drug prices, why does it cost more in the u.s. to buy your pills than around the world? >> for a basic reason, we provide the 2.6 billion dollars -- >> in research and development. >> -- in research and development and other countries don't pay for it. they have governments to say to these pharmaceutical companies in effect with all the subtlety of tony soprano you don't give us this at a basic cost, we're going to steal it from you. >> then you let them get ridiculous patents, though, too steve so these drugs can't go generic so you can't have competition. i will tell you, jack, president trump has taken a pretty
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hard-line on drug prices this year. that's one of the things he's laid out pretty explicitly. -- >> jawboning though. prices went up the first couple days of this year. it was jawboning >> no, listen, they are going to push on drug prices because that's a place you can start. if you look back at the list the democrats proposed, no co-pays and things like that, that stuff is totally unrealistic. if you go to the drug companies and talk about their drug prices, i think that's low hanging. >> another area that will get a real look at is pharmaceutical benefit managers. these are the middlemen. that's where the real cuts are taking place. you start getting again real free markets that's going to be sweet. david: johnson & johnson by the way supporting 7% of the price you pay for all your drugs goes to the middleman. >> the good news about healthcare in america and this really is good news, we blow so much money relative to the size of our economy to pay for it that if we figure out a way to
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fix it, you're going to see more savings in people's pockets like you have never seen before. there's so much money for up for grabs if we can come up a better solution. -- up with a better solution. >> entrepreneurs will do it. not the federal government. david: these calls for socialized medicine, which is essentially what this is, anybody who supports should be forced to spend one week in london hospital, pick any public one, there are only two private ones the only one uses those are the ones who can pay cash for it because everybody else is kind of forced into the public system, you spend one week there, you see the filth, you see the lack of equipment that they have, the lack of drugs that they have, adequate drugs, to deal with the situation they have, the number of mrsas, the penicillin resistent sicknesses that are causing deaths there. one week there a lot of socialists would be dead against it. >> aren't you picking the worst case? david: england is a pretty rich
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country. >> what we can do as america is we can go shopping. we can say i like what you're doing over here. i don't like what you are doing over there. what are they doing in germany? australia? pick the best parts of what other people are doing, rip them off and do it for themselves. david: the system that was outlined today by the democrats on capitol hill goes further than the canadian system. off lot of canadians by -- you have a lot of canadians coming to the united states for procedures that they can't get or wait a couple years up in canada. >> to your point earlier, send that same socialist person, the socialist democrat to the va for a week and see how their care is. we have seen this movie before. we saw it healthcare.gov. we saw it with obama care work all the people that lost access to their doctors, started seeing a decrease in care. now all of a sudden this medicare for all thing. i saw you can keep your doctor. your care is going to get better. i mean that's a joke. we know how this movie ends and it is not well. david: last word from scott. president trump set to have
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another historic meeting with kim jong-un a few hours from now. what can we help to get from the second meeting? we will go live to hanoi when we come back. >> i think your company has tremendous economic potential. -- i think your country has tremendous economic potential. each day our planet awakens with signs of opportunity. but with opportunity comes risk. and to manage this risk, the world turns to cme group. we help farmers lock in future prices, banks manage interest rate changes and airlines hedge fuel costs. all so they can manage their risks and move forward. it's simply a matter of following the signs.
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you'll even get free shipping. get started today at customink.com. david: we are just a few short hours away from another historic meeting between president trump and north korean leader kim jong-un. let's go straight to john roberts who is live in hanoi vietnam where the meeting will take place. what are our side's expectations for these meetings? >> not exactly clear, just yet,
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david. it's just past 5:00 a.m. here in hanoi which means the president gets underway with kim jong-un in about four hours. what we don't know at this point is what the two leaders are going to sign. will chairman kim make some progress on denuclearization or will this simply be more confidence building measures? after his one-on-one meeting with kim last night, the president suggesting that they had a lot to talk about during that 25 minutes. listen here. >> if you could have heard the dialogue, what you would pay for that dialogue. >> the president suggesting that they had a good dialogue, and they will have a lot more of it today. now, some of the possibilities being talked about that could go into an agreement, and these are only suggestions at this point, the possibility of opening liaison offices in the united states and north korea to facilitate more ongoing dialogue, between the two countries.
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possibly closing down the nuclear facility in north korea or at the very least letting in inspectors. an agreement to finally end the korean war, though they wouldn't actually sign a treaty to end it, and potentially some modification of sanctions, and that is a particularly touchy issue. the president playing his cards very close to his vest. still an entire day of meetings with kim to get through first and the history of negotiations with north korea is that things can go off the rails very quickly. concerns are being voiced on both sides of the political aisle that they will not be enough movement on denuclearization. listen to virginia senator here. >> the first step we've always been told in the foreign relations committee in knowing if north korea is serious is about denuclearization if they reach some type of agreement and disclose their nuclear arsenal. they didn't last year. thus far there's no sign they will do this now. unless and until they do that, they are not serious. >> now, there were some concerns
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voiced by some folks in the administration that denuclearization appears to have become a negotiating point. i'm told by u.s. officials that that has definitely not happened. denuclearization is still a nonnegotiable item and the administration is looking for final verifiable denuclearization on the part of kim jong-un. we will see how far down that road they get today. >> john, it is susan lee. i love hanoi, one of the most beautiful cities in the world, one of the most beautiful colonial hotels in the world. talking to my sources in the asia pacific, i covered the region for many many years they are talking about nuclear fuel production. isn't that the key at this point, to limit north korea on that front? >> i think there's a lot of things, susan that really are key here. now, what kim is looking for is normalization of relations with the united states, but to get there, he's going to have to take steps to dismantle his nuclear program. until he does that, completely, he's probably not going to get full normalization of relations with the u.s., might get a
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little sanctions relief, but it is a lot of things. it is about missiles, nuclear testing, production of nuclear fuel which is why the plant could figure so prominently in this, their main nuclear facility. there was a big show about 15 years ago where they blew up one of the cooling towers but continued within with their enrichment program. whether or not that is on the line today is an issue we don't know for sure. but if kim were to do something significant like that, that would be a move down the road to denuclearization and might earn him some reward from the united states. >> john, steve forbes here. in terms of north korea as a whole, given the fact we're now saying don't expect denuclearization for a long long time, is that language in effect saying we're going to accept a nuclear north korea and we hope to make it a normal nation so we don't have to worry about a blow up in the peninsula sort of de facto we can't undo it? is that out there? that fear? >> yeah, that's a huge issue. that's a huge issue, steve, that
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a lot of people are talking about, very large concern. is kim playing for being able to hang on to some of his nukes, if not all of them, and at the same time, reap the economic benefits of at least partially dismantling his nuclear program? again, i'm told by u.s. officials that they are looking for the full irreversible and verifiable denuclearization of north korea, which would include as far as the united states is concerned, getting rid of those nukes, but he sees those as being -- kim jong-un at least sees those as being crucial to his regime's survival. president trump is trying to convince that there are other ways the regime can survive. it is not just kim jong-un either as you well know there are a lot of people high up in the food chain in north korea want to hang on these things because they think nuclear weapons will ensure the north korean regime survival, so that i would be very reluctant to give up those weapons. >> hi, john, jack hough here when i think about ahead, i can see the left saying well the
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president is exaggerating what he got out of this it's not that good. when i think about what could go right and could go wrong, i'm seeing we could get an incremental improvement, a big breakthrough, i'm not seeing that could have us worse off than when we started. either we get something good out of this or nothing at all is that fair to say? >> i think we have to look at last june in singapore and say we're further ahead now than we were before that summit happened. north korea hasn't engaged in missile testing or nuclear testing. as to whether or not there's incremental movement or whether they go all the way to denuclearization, i though those are both ends -- i think those are both ends of the spectrum. what we will see something in the middle. they are looking for big bites, action for action, not looking for incremental developments. until the president and kim jong-un tell us what they will sign this afternoon, we don't know how the negotiations will end up. i think there's some ways down
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the road to figuring out what they are going to sign this afternoon. there have been a lot of negotiations preceding this summit, but again it is up to the leaders because this is a top-down process, and a lot can change depending on how the negotiations go today. >> john, thank you very much, really appreciate it. we have to leave it at that. we appreciate you getting up early for us. thank you very much. save travels home. -- safe travels home. >> staying up late. >> burning candles on both ends. is big tech too big to exist? why one government agency is now looking into breaking them up. details coming next. this is decision tech. it's screening technology that helps you find a stock based on what's trending or an investing goal. it's real-time insights and information, in your own customized view of the market. it's smarter trading technology,
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david: tech titans like google, amazon, facebook and others could soon be facing more scrutiny as the federal trade commission has now launched a dedicated task force to police potential monopolies and mergers. let's go to hilly vaughn on
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what -- hillary vaughn on what this could mean to consumers and investors. >> the federal trade commission is putting together a dream team of tech savvy lawyers to look at how tech giants became so big and built their app empire. bruce hoffman saying in a statement quote technology markets which are rapidly evolving and touch so many other sectors of the economy raise distinct challenges for antitrust enforcement. the new task force will be able to focus on these markets exclusively ensuring they are operating pursuant to the antitrust laws and taking action where they are not. this new task force is putting tech companies like facebook and alphabet on high alert because this isn't just about mergers moving forward. the 17 lawyer team will also look at done deals and could retroactively unravel them. so that task force could take a second look at facebook's buying instagram and whatsapp and google acquiring youtube.
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a task force may already have some things on their radar. new york post reporting that the ftc in the past seriously considered blocking facebook's instagram's buyout six years ago. the post reports that the ftc had a document written by a facebook executive who said the reason the company was buying instagram was to take out the competition. back to you. david: hillary vaughn, thank you very much. is this government overreach? >> david, i'm worried about the ftc for a lot of reasons. one, because they have been kind of so far behind this thing and now it looks like they are trying to sharpen their teeth as fast as they can to catch up which i guess makes some sense. i will tell you too to hillary's point there, facebook is now facing a rumored record fine in the multibillion dollars range from the ftc and google is not far behind. the worry that i have about the government going in and breaking up some of the big deals that facebook has made es especially as a facebook stockholder and google one as well is that it's
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retroactive. we need to go forward not back ward. the free market will take care of this. nobody is forced to put up pictures on facebook. nobody is forced to use google search. let everyone choose what they want to choose. if they feel their privacy is being breached, they won't use the company. >> i don't have you have a world a company gets the approval by regulators to do the deal, and they do it, and they put in the capital and make it a success and regulators come in and say you are too successful, we need to break it up. not only that, in social media aren't the economics different here? doesn't everyone want to be in the place where everyone is? is this a business that lends itself to control by a few giants by its very nature? >> well, the fact of the matter is, scott is right about what free markets will do. i'm old enough to remember when gm was taking over the world. ibm was taking over the world. [laughter] >> microsoft was taking over the world. ge was taking over the world. they were all taking over the world. free markets work.
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these big companies today will get bitten and bitten by new technologies. who knows what this is going to do for people controlling their own data. let the markets work. the fact these bureaucrats sound like they are trying to find something to do in this day and age, ten years late, typical of the government. it is socialism. they want control. you can't do anything without their permission. >> yes, so it's dangerous precedent. how far retroactively do you take it? do you go back decades and aol and time warner? i'm throwing it out there, right? when you open pandora's box you take a look inside and sometimes it is not pretty. i would say with technology and big tech giants, let them do what they do at this point. it is a free market system. we're all for smaller government. why get bigger in this case when it seems to be you know for people that want to use it i feel happy using my facebook. >> wal-mart was another one that's going to take over the world. now they are the underdog against amazon. david: you have this push, i don't know, scott, you have a tremendous push from over in europe which some people say is
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becoming a model for what they are going to be doing there where the government gets their hands in about every aspect of high-tech. >> yeah, amazingly the businesses still want to do business there i'm kind of surprised because you are right, europe has been very tough. they have been ahead of the u.s. the u.s. seems like they are trying to catch up to the european way. the other thing too, if you think about it, guys, about what facebook has done with instagram, like susan said over the years or even when they bought the vr platform, whatsapp as well, how they have kind of improved the other platform. i know instagram is really popular. but they have made twitter better. it's been a better user experience across the spectrum because those other companies that are trying to take -- both public and private that are trying to take out google or get better than google or facebook are doing their best because facebook and google are so good. if you go into the government and change what facebook and google are for example you will hurt the whole process, the whole arena and hurt the
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consumers. >> what you see from europe is antiinnovation. europe in the last ten years, what's their growth rate? 0.8%, after the crisis of 08. we want that here? >> can i just point out -- i wrote something in barron's saying take a look at facebook it is the new cigarette stock, everyone hates it but you can't ignore the cash. some people are saying you are an idiot facebook too big. here's the government saying the same thing. i love it when people are saying the same thing from both sides. david: how alexandria ocasio cortez is now firing back at ivanka trump. after months of wearing only a tiger costume, we're finally going on the trip i've been promising. because with expedia, i saved when i added a hotel to our flight.
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>> ocasio cortez here's green
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new deal, here's the guarantee of a job. >> i don't think most americans in their heart want to be given something. people want to work for what they get. so i think this idea of a guaranteed minimum is not something most people want. they want the ability to be able to secure a job. they want the ability to live in a country where there's the potential for mobility. david: that of course ivanka trump criticizing alexandria ocasio cortez's green new deal platform in an interview with fox news. now the freshman congresswoman is firing back. she's tweeted out as a person who actually worked for tips and hourly wages in my life, instead of having to learn about it second hand, i can tell you that most people want to be paid enough to live. a living wage isn't a gift. it is a right. workers are often paid far less than the value they create. so gang, who is right here?
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>> she also followed that up by saying imagine attacking a jobs guarantee by saying that people prefer to earn money, question mark, question mark, question mark. why shouldn't people want to earn their money? isn't that how money should be made? should you be paying for other people's mortgages? should you be paying for their minimum wage and basically earning to pay them out for nothing? to me that sounds ludicrous. >> yeah, and the whole thing about a guaranteed minimum income, finland tried an experiment with it, did not work out very well. others have tried it, not worked out very well. the reason is very basic, in order to get something, tough produce something. these minimum wages sound very nice, but the free market works. in an area of new jersey, a local retailer can't get workers under $11 an hour during the week, $13 on a weekend almost double what it was a few years ago. the markets will rise the wages if you allow prosperity. unfortunately that congresswoman's policies would
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tank the economy rather than boost it. i'm being nice. >> i have been sticking up aoc on this program and then she went and chased amazon out of my hometown. that's the thanks i get. i won't do that here. we're coming up on the ten-year anniversary $7.25 federal minimum wage and i get -- look, all i'm saying to republicans is you have to give people to somethi something. would it kill you to bring it up to 10 bucks? if you don't do that, you may end one the aoc plan, it may be a lot worse. it shouldn't cost you anything to bring the minimum up to 10. >> the thing about a national minimum wage, especially if you bump it up too high, regions in this country have different costs. what seem reasonable or cheap in new york would seem like putting people out of work in other parts of the country. it hurts those with the least. the real key in life is the first job, that's when you learn to work with people, come in on time, dress right, things like
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that, work with customers. that's what a high minimum wage kills. >> jack, i'm sorry you and aoc have hit hard times. my condolences. you are one of her big defenders. can you imagine this green new deal? we won't have airplanes anymore. we're going to have really great smelling cars. no smog. maybe no jobs to go to because we will have this guaranteed income. in like 20 years, it is going to be everybody living in the same type of house, eating the same type of food, just laying around doing nothing, maybe watching the same tv shows like bulls & bears. this is going to be great stuff. it is going to be a totally mindless society. david: i have to say as a former waiter and bartender myself, she's not the only person in the world was ever a bartender, ki tell you tips mean a lot -- i can tell you tips mean a lot more than minimum wage. that's where you make your
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money. it gets you to work harder. it's an incentive. this is what it seems to me doesn't get -- she doesn't get, incentives matter. >> hopefully you were only taking the tips off your table. >> no, and we don't pool our tips >> if you have a minimum wage as low as where we are right now and you come combine with the earned income tax credit what happens is the payroll costs for these big corporations come out of my pockets, right? we take federal money and top off the wages. this would be a republican push. republicans should not want corporate welfare like this. they shouldn't want me paying the payroll costs of the companies. they should want to bring the minimum wage up to a point -- >> -- regulations on them, jack. >> when one is minimum wage and the other issue is guaranteed income, and the guaranteed income assumes you get what you see in high technology, the feeling most of us will be put out of work, there's not going
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to be enough for to us do, robots are going to take over everything therefore we need an income because we will be on the couch all day. >> she talks about a living wage. what is a living wage? what if a company can't afford what she considers to be a living wage? they are either have to fire the worker or maybe there will be subsidies. >> the green new deal, $15 an hour, that's a wage which a lot of companies say hey that takes away our profits and does that mean we can employ many people? probably not. in the end, who gets hurt? those that need jobs. >> fast-food you are seeing more and more kiosks. >> that's right. >> guys, when the government is growing all our food for us as steve talked about in the previous segment, it won't even matter because it won't cost anything. the government will hand it all out and screw that up too. >> like the old soviet union, the healthcare was free they used to say but you can't get any. david: or it could be like california and that is our next segment.
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california is seeing more and more people leaving the high-tech state and they are moving to one las vegas suburb in particular. the city is booming. we will speak to the mayor coming next. woman: my reputation was trashed online,
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and if we have any questions, customer service is there to help. - [male] custom ink has hundreds of products to help you look and feel like a team. get started today at customink.com. david: more and more people are
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fleeing california's high taxes and the cost of living for neighboring states like nevada, idaho, utah and arizona but few places are seeing the surge like henderson nevada whose population surged 20% last decade to more than 300,000, pushing it past reno to become nevada's second most populist city. 56% of the new arrivals at least in recent years in henderson are coming from california. the mayor of henderson debra march joins us now. mayor, great to see you. i'm sure your town is a wonderful place to live. unfortunately, i haven't been there. how much do the high taxes of california have to do with people moving there? >> i think it's certainly a real strong pull for people to leave california. when you look at median price of a home, for example, in henderson, it is about 336,000 for an 1800 square foot home, but then in california, in the los angeles area, that's more like 786,000 and in san francisco probably close to 1.7 million. >> it is jack hough here.
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we had a recent panic in new york city this big company called amazon might move in here and create a lot of jobs but they were able to get it out of here. i take it you are not in such a panic about your town becoming too popular, how are you dealing with it? >> an important strategy for us is job creation. recently google has put in a data center here, it is under construction. we have haas automation that will be creating 2500 jobs here in a factory that they are building. the raiders corporate headquarters and practice fields are being built in henderson right now. we are bullish on job creation, good job creation. we know that studying markets that we want to make sure that we're creating and supporting jobs, jobs of the future, that will support and sustain our economy into the future. >> hi, mayor, this is scott martin from chicago. again, congratulations on all that great success.
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>> thank you >> what have you done specifically as you mentioned with the job creation and that explosion in population, because you do want businesses to follow obviously the people, so have you guys lowered regulations,? incentives? taxes? things that have brought businesses there? >> we have no state income tax here in nevada. our property taxes haven't been raised in 28 years in our community. we have property tax rate of 71 cents per $100 of assessed value. quality of life is very important to us. in fact we have parks and trails within a mile of every home in our city. and that's what we value. and so we have a very extensive comprehensive plan in our community. we have smart city strategy. we have an economic development strategy, and they are all married together, looking at how we can create the vibrant quality of life that we want our residents to experience. >> mayor, steve forbes here. one of the phenomenons we see in other parts of the country where people move from high tax states is that they bring their high
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tax mentality to their new residence and start voting for policies that drove them out of their former residences. what kind of attitude do you see on the refugees from california? are they realizing what they were fleeing and not bringing this high tax, high regulatory mentality to nevada? >> well, that would certainly be my hope that we aren't into high tax mentality or strategies that really aren't conducive to people living, working and playing in a vibrant community, and so my goal is to probably do more outreach into the community, to educate them as to the quality of life that they've come to enjoy in our community, making sure we continue to maintain that quality of life. >> susan here in new york. with companies moving to lower tax states and cities, like henderson, do the skills and the individuals follow? because we do know there's a gap between those that are employed and those looking for work, are the jobs available? there is a job gap because they can't find the right people with
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the right skills. is that the case in henderson? >> i think we're seeing with some of the migration from california we are seeing that skilled workforce coming to our community, but also companies like haas automation are bringing tools and equipment in and they are working with the colleges and the high schools and working to educate the workforce to make sure they have the right skill sets to do business in our community. david: you know, mayor, we have a governor and a mayor of new york city that are trying to fight back, trying to -- putting out all these ads what a wonderful place to do business new york is, it is not stopping people from moving to florida, texas and nevada. i'm wondering is california fighting back? are they jealous of the fact that you are picking up all their citizens? >> i haven't heard anything yet, but i suspect i will. david: nothing? wow, that's something. all right. >> quick follow on on that. does california chase former residents the way new york does, where they are like north korea, they don't shoot you, but they
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try to make sure you are officially a resident, try to tax you even though you have moved? >> you know, i haven't seen that happen in our state. >> you're so lucky. >> we will monitor that. [laughter] david: they put you under the grill in new york. they have the spotlights and everything. and finally, i'm just wondering if the services, the public services are getting overloaded now because of the influx of people from california? your roads, your schools, things like that? >> you know, i can see that there's some pressure on our roads, and we're working on that. i serve as vice chair of our regional transportation commission. and we're looking at certain things that we need to be doing to improve the quality and services on our roadways. but pretty much we've been able to address the concerns that our residents have had in terms of quality of life services. parks, trails, open space, things like that. david: congratulations too. the tax statistics are extraordinary about nevada. you made me want to move there. appreciate you coming in. thank you very much. >> we would love to have you all move to nevada of course.
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david: we will see what we can do with higher management at fox, see if they are amenable to that. thank you very much. >> sounds good. david: amazon facing new challenges in virginia. will they suffer another loss like they did in new york? we'll debate that, coming next. our grandparents checked their smartphones zero times a day. times change. eyes haven't. that's why there's ocuvite. screen light... sunlight... longer hours... eyes today are stressed. but ocuvite has vital nutrients... ...to help protect them. ocuvite. eye nutrition for today.
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♪ earn $100 off... ♪ off your deductible. ♪ deductible. ♪ for every year of safe driving. ♪ ♪ for every-- for every-- ♪ ♪ for every year of safe driving. ♪ what are you-- what key are you in? "e." no, no, go to "g." "g" will be too high. not for me. ♪ vanishing deductible. oh, gosh. sweet, sweet. david: will virginia activists close down a big amazon what felt like they did in new york. they are trying to scuttle a home base in arlington. will we see a repeat what happened in new york? >> the answer is no. virginia does not have the powerful unions new york has where they thought they could force amazon into unionization. virginia politicians may be greedy but they are behind those
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in new york when the first thing that comes to mind is what can you do for my son and his insurance firm. those kind of shakedowns. i don't think it will happen in virginia. the fact it happened in new york, it shows, virginia, don't let that happen here. >> it's $500 million and change. i think the math is different. it's probably more pal thattable for those living in northern virginia. >> for virginia and other states, there is other places for amazon to go. i'm surprised they haven't you found a new solution quite yet with respect to what happened in new york. you still have the carolinas in play. you have got taxes. nevada is doing great.
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amazon can. >> i didn't know there were virginia activists. i thought virginia was where you go to get away from activists. i guess i'll try them the same thing i tried to tell them here. why are we having an argument about union participation before the jobs have even been created. why don't we wait to see if they are good jobs people like. >> at amazon they will pay $150,000. it doesn't sounds like minimum wage sweat work. >> they will make the place too popular and drive up the cost of living. that's what happens. it's better when the cost muching living plunges. david: arlington, virginia is a
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feeder town for washington, d.c. maybe it could fail. yes, it's virginia, but it's arlington, virginia. >> virginia used to be a red state but now it's a bluish state because of the spillover. maybe a candidate in the white haas will take the facilities in washington, d.c. and spread them around the country. david: 68% of virginians approve the deal. most of new yorkers did, too. >> i wonder how long the politicians can go against the will of the people. >> whenever it suits their convenience. they have been doing it for a long time. >> we'll see what the fallout remains to be in new york. are we a few weeks off that terrible situation that happens? we'll see if it carries through or people get away with it.
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>> if this happens and amazon walks away down there, do we start the beaut quliy contest all over -- start the beauty contest all over again? [♪] president trump: it's an honor to be with chairman kim it's an honor to be together. the first summit was a great success and this one will be hopefully even greater than the first one. we made a lot of progress. and the biggest progress was our relationship. it's really a good one. i think that your country has tremendous economic potential. liz: big action from capitol hill to hanoi. it's moving markets and reshaping the balance of power. three hours from now president

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