about 30 minutes' time. dagen, joni, john, jon, eric, great show. thank you so much. have a fantastic weekend to all. from all of us here, happy mother's day, everyone. you are all my heroes. have a great weekend. "varney & company" begins right now. stu, right over to you. stuart: i will second that, maria, and good morning to you. good morning, everyone. all right. look, we knew it was going to be historic and it is. we are looking at the worst jobs report ever. in april, 20,500,000 jobs lost, gone. 20.5 million. the unemployment rate spiked from just over 4% to 14.7%. let's dig a little deeper on this. extraordinary numbers. 7.7 million jobs lost in the very hard-hit travel and leisure industries. 2.1 million jobs lost in retailing. 2.1 million, just in the retailing sector and probably more to come.

manufacturing, down 1.3 million. overall, what's striking is how fast we descended into a depression-like situation and of course, we want to know how fast we are going to recover. white house economist larry kudlow will join us in just a few minutes. is this as bad as it gets and what's the timetable for returning to growth? we will ask him. before the news came out, the dow futures showed a gain of about 250 points. the moment we saw the numbers, dow futures were pretty much the same. we have now moved up a bit more. we are looking at a gain of 284 points but remember, these numbers were expected. they were already baked into stock prices. stocks are up because investors are looking to the future, where the economy's in recovery mode, and they're looking at, what, $7 trillion worth of stimulus. that always goes down well on wall street. as we said, the dow up 280. the s&p up 33. the nasdaq up 87. lot of green despite the terrible numbers. obviously, this is a big day for your money.

it's also a very big day in politics. more bombshell documents revealed overnight which show senior obama administration officials knew there was no evidence against general flynn. one of them, james clapper, said quote, i never saw any direct empirical evidence. then he went on television to call president trump a russian agent. on fox this morning, president trump said we will find out that it goes all the way up to the top. that would be president obama. my goodness me, what a day we've got. "varney & company" is about to begin. the strongest economy in the history of the world, the strongest economy we've ever had and we had to close it which is artificial. we artificially closed it. those jobs will all be back and they'll be back very soon and

next year we will have a phenomenal year. people are ready to go. stuart: you heard what the president had to say. stuart: with her mom and grandmother. we got that. let's bring in paul conway, our there's linda with her mom. labor market guy. today is also her mom's the president says those jobs birthday, by the way. stephanie with her mom right that we lost are coming back. there. when do you think, when do you think they going to come back? ari with her mom. there you go. >> well, tell you what, stuart, ben with his mom. trying to get this all in the first of all, on the number right order. today, i think the number reflects a couple different okay. things. i think it's a tribute to okay. bipartisan leadership in the johnny with his mom. white house and congress for okay. have we got this right? i think we do. getting that money out for work force retention. in terms of jobs coming back, okay. i hope i got everybody's name there's an important pivot point right in the right order. here and that is among i do apologize if i made some employers, among small business mistakes there but we got you owners and also among the all on the screen. american consumer. got that. from all of us at "varney & i think those jobs will start to company," we wish all the come back when consumer mothers out there a very happy confidence and employee mother's day. confidence returns and that will good stuff. be based on the dissemination of sunday's mother's day. that means people are sending sound science so that the flowers, of course. entrepreneur and the employer especially for mother's day. doesn't feel as though they are come in, 1-800-flowers.com ceo, the guarantee of sound advice -- chris mccann. stuart: well, i mean, look, are welcome back to the program. good to see you again. we going to come roaring back? >> thank you, stuart. it's great to be here. stuart: i would imagine that you are going to do really, really

are these jobs going to come back real fast or are we talking well this sunday because people months, maybe the end of the can't get out of the house, go year before we see -- look, let to the florist, buy the flowers me ask you this. by the end of this year, will we and deliver them to mom. still have a double digit it's your job to do that. unemployment rate? you're going to have a fantastic >> i think there's a pretty high mother's day, aren't you? >> i'm going to be very busy risk of that. i really do. making lots of deliveries. i don't think -- i don't think i think people are really the charge will be as aggressive. i think really, the charge recognizing how important forward among employees and employers will depend on things mother's day is and recognizing that neither the employer or the mom and even more important this year than probably ever before. employee really controls which is the understanding of the i would just like to give disease and the risk that they special recognition and thank you to all of the moms who have face each day that they want to go. also been giving up so much and there's no doubt america wants to work. volunteering and working on the i think you have to get the front lines of this pandemic. sound assurance that measures are being taken in the i hope they get to have some workplace, and also in the shop. relaxation and peace on mother's day. stuart: yes indeed. the shop door will be open. chris, i second that a thousand who goes through that door will times over. two questions. depend on the confidence of the why is it always the cost of people and i think that is delivery goes straight up the essentially what the issue is closer you get to mother's day? that's going to go forward here, and it will determine the rate of pickup on the job. i'm convinced of that. why? >> well, i think again, it's the stuart: we hear you, paul. recognition that moms deserve double digit unemployment rate all the recognition that they still, probably, by the end of can get so what happens is the year. especially as you get closer,

let's see what larry kudlow has to say about that later on. it's a matter of supply and demand. paul, thank you very much indeed. i've got some individual we deal with our local florists stocks that are moving. i'm going to start with uber. who are so important to manage look at that. that. it depends where in the country it could be the stock of the day. they are up despite losing $3 it might go, depending on what the cost is. really working with the local billion last quarter. explain, please, susan. florists is such an important part of our business to really susan: like the jobs report, we knew the first quarter was going keep that part of american to be ugly but there are some culture vibrant. green shoots. for instance, on the call they stuart: what about the price of told us that rides were down flowers? i would have thought i might get some 80% in the month of april. a break because, you know, the last week went up, and florist stores are largely closed so there's a lot of recovering 12%. supply on hand. yes, we know that profitability do i get a break on the price? could also still be in sight by >> the price of flowers really the year 2021. doesn't fluctuate on mother's they say another green shoot day. you're right, there is an abundance of flowers on the here outside of expenses because market today. i think there are some good they have been cutting on costs, pricing opportunities out there. they laid off 3700 people so we are making sure we are earlier this week, and uber passing those on to our eats, this is a bright spot, customers as we work with our with people stuck at home being florists around the country and quarantined, they are ordering optimize their supply chain. more food. uber eats' business went up 52% stuart: chris mcmann, thanks for joining us. in the first quarter of this 1-800-flowers.com. year. by the way, uber told me that in always a pleasure to see you. you got a great business going the month of april, uber eats there, sir. we appreciate it. surged 80%. thanks very much. >> thank you for having me. stuart: more after this. so food delivery is happening want to brain better?

but isn't enough to offset the declines we are seeing in ride hailing. stuart: that's one comeback we'll take. all right. here's more news on that. disney are going to start reopening disney world later this month. we are very interested in this reopening and back-to-work business. lauren simonetti, that -- late unlike ordinary memory supplements neuriva has clinically proven ingredients this month, disney world coming back, that's a lot earlier than that fuel 5 indicators of brain performance. we thought. memory, focus, accuracy, learning, lauren: it's a phased-in reopening. and concentration. it starts may 20th with disney try neuriva for 30 days and see the difference. springs, which is their retail and restaurant complex. this is not the park, not the hotel. the retail and restaurants, some of them will open may 20th. training wheels will be on. this is baby steps. jpmorgan says the parks likely to reopen july 1st. stuart: we will take that. thanks very much, lauren. let's move on to retailers, as we discussed earlier. 2.1 million retail jobs lost in april. 2.1 million in one month. our retail guy is gerald storch. he joins us now.

is there more to come, more job losses in retailing still to come? what do you say? >> well, absolutely in the near term. these retailers will close. i don't mean that in a clever way or anything but a lot of these companies entered this problem with pre-existing conditions that they were highly leveraged, they were in serious competitive disadvantage already, and this environment is just proving to be the end for them. we see that with neiman marcus filing for bankruptcy, jc penney. the stock is trading at under 20 cents a share. it's basically a penny stock now. lord & taylor is probably going to liquidate as soon as they can open to liquidate, they will have liquidation sales. i think we will be seeing a lot more of this. internet retailers are thriving. they're doing great. stuart: talk about the comeback. when do we come back? you said we are probably going to see more job losses in retailing. all right. when does that bottom, when do we start seeing it pick up

again, employment? >> a lot of new jobs are being created. it's going to be more of a shift and it will last a very long time. these jobs are going to shift out of traditional bricks and mortar retail into internet. you have seen amazon announcing 100,000, 200,000 people they are hiring. walmart hiring 100,000 people, 200,000. those kind of numbers are shifting into the winners in retail, into internet retailers, into mass merchants, into those providing necessities. i think it will be down for a very long time, for example, in the luxury sector, where you saw the problems at neiman marcus. that's not going to come back rapidly. that falls in every economic down turn and takes a long time to come back because people don't have money and those who do don't want to be showy about it. all the growth in luxury will be, wait for it, in china. stuart: ouch. we hear you. thanks very much for joining us this morning on a very important day. appreciate it. now, other stocks that we are watching. i will start with booking holdings. they are the travel people. they say total bookings will cut

in half in the last quarter compared to last year. the stock is down 14 bucks but that is just 1%. trip adviser. more of the same from them. bookings down 90% in the month of march compared to last year. revenue cut by a third. that stock down 2%. on the other side, roku. they added almost three million new customers last quarter, but a lot of advertisers canceled. that's why the stock is down 7%. $127, roku. now, let's update this. shelly luther. she is now free. she's the texas salon owner. stuart: i love this. she walked out of jail yesterday afternoon to cheers. good to hear, isn't it? leaving jail to two years on the she told sean hannity last night why she had no choice but to force. defy orders and open her doors. she was thrown behind bars for roll tape. opening her door during the lockdown order and she wouldn't >> i just woke up one day and i apologize. i look at this. said i have to open. texas senator, ted cruz, he paid my stylists are calling me, they're not making their a visit to the south and he got mortgage. i was -- right now, i still am

not caught up. i'm two months behind on my his hair cut. by the way, he joins us here on mortgage and my stylists were telling me that they wanted to, "varney and co" on tuesday next you know, what do you think if i go underground and go to week. people's houses. i just said you know, that's not a good idea because we can't control the environment there. ashley, can you see me right now? did you know i gave my self a we don't know if it's been disinfected or anything like that, and i just decided i would little trim? open to create a safe place for >> that's very impressive. the stylists, and to make sure you've got both gears and talk. that i wasn't the reason they i'm impressed. weren't making money. stuart: all right. now, luther also said she stands i need somebody to give me an estimate. stuart: it's going to be on the by her decision not to apologize laughing gas to get through it. as instructed to by the judge. she went to prison. [laughter] she is now out. have a great weekend. let's wrap this all up with showing you where we are going dow is up 369. on wall street this morning. we have a gain of about 260 on believe it at that. the dow, 60 odd in the nasdaq neil, it's yours. and 30 plus for the s&p. neil: you did a very good job. green arrows. i'm talking about your haircut. lots of them. big day still to come. [laughter] i'm also going to talk to larry kudlow about today's jobs have a good weekend. report. no way of sugar-coating the number. it's real bad. that's not all. tammy bruce is here to react to what i'm calling the legacy of the trump haters.

former small business i need to do my hair, it's out of control but what can you do? dow up 373 points. nasdaq going further into positive territory. administrator linda mcmahon on all major market averages have the need to open the economy come back more than 30% since quickly. steve hilton, california moving into phase two of reopening. and football legend joe the lows a little more than a theismann because the nfl is back this fall. month ago, that's stunning. the department of justice not more than 5000 points for drops charges against michael the dow flynn as the case exposes even more what i'm going to call abuse of power at the highest levels. explosive new documents revealed overnight and repeated by president trump this morning. president obama, he says, knew what was going on. kt mcfarland joins us next. she was almost taken down during the russia investigation. >> he was targeted by the obama administration and he was targeted in order to try and take down a president, and what they've done is a disgrace and i hope a big price is going to be paid. here's the thing about managing multiple clouds for your business. when you've got public clouds,

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there's a pattern here, on the classified and unclassified side of deep personal, political and financial ties that donald trump and people in his family, in his businesses and on his campaign had with a foreign adversary in russia that converged at the same time that russia was interfering with our campaign. >> i've been very clear over the last year, year and a half, that there is ample evidence of collusion in plain sight. stuart: oh, dear. oh, dear. those sound bites from house democrats screaming about russia collusion, they're not looking so good this morning. now that that bombshell transcript or several transcripts prove that those guys had no evidence whatever. it comes after the justice department dropped charges against michael flynn. here's what president trump said about that last hour on "fox & friends." roll tape.

>> it was just a total hoax. it was a made up story. a disgrace to our nation. these are dirty politicians and dirty cops and some horrible people. hopefully they're going to pay a big price some day in the not too distant future. schiff is a crooked politician. crooked as can be. probably one of the worst i've ever seen and i've seen some beauties. a liar, he's a terrible person. stuart: he went on from there. joining us, kt mcfarland, who wrote a book about a dreadful experience during the russia probe. kt, let's get straight at it here. president trump said this morning on "fox & friends" he believes documents will show this goes all the way up to the top. that would be president obama. what do you say about that? >> i think it's absolutely true. the pieces are all starting to come together. especially when the justice department yesterday just completely dropped the case against general flynn. my guess is the reason they did

it in way they did it, there's a lot more stuff there. there's probably a treasure trove of documents and handwritten notes and phone logs that show that it wasn't just one or two bad apples at the fbi, that it went all the way to the top with comey, it went to the attorney general, my guess is it was even in the west wing of the white house, certainly the way susan rice treated general flynn and me made me think at the very beginning that there was something going on. stuart: let me just impress upon everyone exactly what the president said this morning about the involvement maybe of president obama. roll the tape again, please. >> sleepy joe was involved in this also. very much. and other people around president obama were totally involved and you'll see more and more things come out, i think, because you know, i know how it works. stuart: it does go all the way up to the top. now, if the president is right and new documents reveal exactly that, you are looking at the

biggest political scandal certainly of my lifetime and probably anybody's. >> in american history. this was a cabal of permanent bureaucrats, of democrats on the hill and in the white house and of the permanent washington press corps where they decided they didn't like the outcome of the 2000 election -- 2016 election and they were going to undo it. they were going to find any crime they could against anybody near trump in hopes of flipping those people so they would turn on trump. stuart, what they said to me, what they implied to me is if i pled guilty to a crime i didn't commit or if i said that general flynn or president trump had committed crimes, which i knew they didn't commit, then they might go easy on me. i didn't do it, i didn't take the bait and i stood tall and yet if they were doing that to me, they were doing that to a lot of other people. they were looking for some crime to charge trump with so they could either stop him dead in his tracks, get him out of office, or prevent him from instituting the reforms he promised to do.

stuart: how do you feel now, kt? >> well, vindicated personally, yes. still bankrupt and i'm sure a lot of other people including civil servants and military officers who had to pay tens and hundreds of thousands of dollars in legal fees, but i guess at the end i'm really happy for the republic. because this was a plot to take down a president and it failed and it's finally coming to light. i certainly hope as president trump said that people who are responsible for this are held to account so it can never ever happen again in american history. stuart: we are told there's a lot more to come. i'm told there are thousands of pages still to come. i surely will be an avid reader of those pages, looking for vindication. i wish there was some way you could get your money back because that is an outrage. kt, it's always been a pleasure having you on the show and it's great to have you on this morning. you are a fine lady. that's a fact. >> thank you very much, stuart. i appreciate it.

thanks. stuart: you're welcome, ma'am. see you soon. moving on. i'm looking at futures. we've got dreadful economic numbers this morning. let me lay that on again. we are up 240 on the dow, up 28 on the s&p and up on the nasdaq by 58 points. now this. two top trade representatives from china and the u.s., they are a phone call last night. that's interesting. the focus was on trade. that's interesting because it comes at a time when there's clearly renewed tension between the united states china. what do we know about the call and the trade deal, ashley? ashley: good morning, stu. between the chinese vice premier and treasury secretary steve mnuchin, robert lighthizer also, the ambassador on that call. as you say, there's been tensions between the two countries, especially regarding the origin of the coronavirus, but according to the white house and its statement following the phone call, it was all very cordial.

they say both countries fully expect to meet their obligations under the phase one of the trade deal that actually went into effect on february 14th. part of that deal says that china must buy $200 billion worth of u.s. goods over the next two years. let's not forget, the president just said recently he would terminate that agreement if beijing failed to meet its obligations. but it was a friendly call by all accounts, said that they agree on getting the main parts of this deal secured and the pieces in place to fulfill the obligations, and let's see whether the good feelings can continue. but it's interesting, they say the lines of communication are still open. stuart: i think that's probably helping the market this morning. if we are going to do the trade deal, that's what the market was all about in the past, we are going to do it, the market looks good. there you have it. we are up 240 on the dow industrials now. 27 on the s&p. 51 on the nasdaq. a solid gain any way you slice it. we will take you to wall street after this.

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stuart: in three and a half minutes we open the market and we are going to be up, green arrows pretty much across the board. check out the yield on the ten-year treasury. where is it this morning? we are at .66%.

lauren, have you got anything on the possibility of negative interest rates? lauren: there's talk that by december, rates here in the u.s. could turn negative and stay there through at least january of 2022, even though every federal reserve official and banks, including jpmorgan chase, said this is not the way to go. negative rates won't push forward the u.s. economy or help those small businesses out there that are hurting right now. nonetheless, this is the talk of the town and some are seeing it priced into the market. yields are up. however, today i do want to tell you the two-year note did hit a record low of 0.12%. stuart: 0.12%. okay. so who is saying, who is it exactly who is saying negative rates by the end of this year stretching in for another year after that? who said that? lauren: yes. it's priced into the market. if you just look at how the federal funds futures trade, that's what the data is showing.

stuart: okay. i didn't realize that. i thought it was some big investment bank saying watch out, here we go. the market is actually saying that. that's a different thing entirely. thanks, lauren. back to the big story of the day which is the jobless numbers. 20.5 million people lost their jobs, or jobs lost, i should say, just in april. the unemployment rate went up to 14.7%. susan, caught him drinking his coffee. that's ashley. cheers, buddy. susan, break the numbers down by the demographics, please. susan: i already had my morning coffee as well. i think i probably need more. 88% of those that have been unemployed are on temporary layoff and maybe they will come back into the market quickly but in terms of demographics, it looks like the hispanic community took the biggest hit in the month, up 12.9% for the jobless rate for latinos, it's sitting at 18.9%. as for caucasians, african-americans and asian americans, we went up 10 percentage points in the month. still pretty stark given that we

are all sitting at a jobless rate of 14.7%. stuart: 14.7 is where it's at as of right now. ashley, have you finished your tea? come back in. look, do you think that this was not such a bad report, because job losses were lower than expected? ashley: they were awful. i never finish my tea, by the way. they were awful but i think better than expected in the sense that the unemployment rate, we were looking at 16%. earlier on, there were forecasts of 19% so it's terrible, 14.7%, but i think it's better than we expected. the loss of 20.5 million jobs is awful but not as bad as predicted and earlier, that number was supposed to be higher as well. so the bad news obviously is the numbers we see today, but they could have been a lot worse. the critical thing now is we are talking about reopening. how quickly can we get these people back to work and spending again to get the economy going. that's the critical factor.

but had we bottomed out, i would imagine so. stuart: those are two questions, both of which i will ask larry kudlow in just a few minutes from now. all right. hear that bell? here we go. we are off and running. in about five seconds, this market will open. in the background, lots of fed stimulus. in the background, china trade talks, okay, still on. that helps the market. look at that. right from the start, we are up over 3ed had point e300 points. 1.3%. the s&p is up 1.1%. the nasdaq composite, that is up as well, i'm pretty sure there's a better gain than 1%. show it to me, please, if you can, the nasdaq. let's get it -- there you go. it's up .79%. got that. okay. uber could be the stock of the day. i think it's opened higher, 5% higher, despite a $3 billion loss in the first quarter. ridership, up, way up, just in the past week. uber eats, that's surging as

well. uber looking to the future. it looks good. up 6%. disney, they have announced a phased reopening of disney world in florida. it starts may 20th. that's with their retail and entertainment property, disney springs. they are social distancing, of course. disney's stock up nearly 3%, $108 on disney. tesla starting today, their main plant in fremont, california begins limited operations. the county where that plant's located still has a stay-at-home order in effect until the end of the month. i wonder if elon will defy that. the stock is up eight bucks at $788. roku, i think they are down despite adding almost three million customers last quarter. ash, okay, they got the subscribers coming in but what happened, they lost advertisers? ashley: they certainly did. they are shifting from selling the device to advertising. they had a higher than normal number of cancellations on the advertising side.

sales and marketing expenses is a part of that campaign to get more advertisers, doubled the cost to $68.2 million from the same period last year. they added nearly three million active accounts over the last quarter. that, by the way, brings the total to nearly 40 million at the end of the first quarter. they posted a bigger net loss than expected in q1, $54 million, and they are shifting their focus away from device sales to advertising at a time when advertisers were starting to come baut back on their budg because of covid-19. stuart: across the board they cut back on advertising budgets. got that. how about zillow, the real estate people? i believe revenue is up and lauren, what's their chief executive saying about the future on real estate? lauren: he says there's light on the horizon. he said the fact of the matter is that people still need to move and now amid a pandemic,

might want to move more than ever because if you live near new york city, maybe you want to move further away. see will see demographic changes. there was 148% annual increase in revenue to 1.1 billion in the quarter. get this. zillow has been doing a lot of technology, the 3d modeling to show homes. traffic up 6% on the mobile app and website to almost 193 million average monthly users on an annual basis. these are pretty good numbers coming out of zillow. stuart: they are. all right. everybody, i just want to make this clear. what we're looking at here is a dreadful economy right now, but we are looking to the other side. which companies are looking to the other side and predicting some kind of growth? we brought you zillow, disney, uber, all positive essentially when it comes to the rebound. look at the market. we are up 1.2%. that is 300 points up for the dow. investors clearly looking to the future. we have to talk about big

tech. we always do. clear winners in the pandemic. they are winners this morning except for amazon which is down just a fraction. come in, susan. can you see anything on the horizon which would stop the big gains of big tech? susan: that's where all the money is going right now. we had the nasdaq now in positive territory for 2020. compare that to the s&p 500, which is still down 11% year to date. we are on a four-day winning streak. if we finish higher for the nasdaq, they have been up every single day this week. i mentioned to you a lot of this rotation of money has been going into technology stocks, the big five, as we call them, microsoft, apple, amazon and facebook and google. 20% now representative of the s&p 500. that is a huge overweight and by the way, cash is king in this environment as well. other stocks have done well so far this week, those that have held a lot of cash on the balance sheet, for instance, warren buffett, berkshire hathaway, apple at $200 billion in cash. those are still spending and

looking past this. kkr, the private equity group, along with silver lake, taking advantage of this down turn to maybe look for depressed assets to buy into. so you have cash, you are getting aggressive, you get rewarded for this in these times. stuart: look at that nasdaq, above 9,000 as we speak. another gain today. check the dow, please. that is up, what is it, 300 points. 294. we'll take that. the ten-year treasury yield, i think it's still around .65%. the price of gold, what's that doing on a day like this? bad economic numbers, a market rally, gold down eight bucks. oil, forgot to mention that, where is oil? okay. not sure about that. can you get rid of that? can you show me the price of oil? i believe we are in the range of $25, $26 a barrel. okay. i can tell you this before we get that. i can tell you this. the price -- average price of gasoline is starting to go up. we are now at $1.81. that is the national average for

regular. i thought we were going all the way down to $1.50. did not happen. okay. still to come, first on fox business this morning, national economic director larry kudlow. he is up and he is next. when we started our business

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stuart: it's 9:40 eastern time. the dow is up 240 points. larry kudlow, top economist at the white house, joins us right now from the white house. larry, dreadful numbers this morning. no sugar-coating it. is this as bad as it gets? >> well, i don't know if it's as bad as it gets, stuart. i don't think this pandemic contraction has yet fully run its course. today's figures, 20 million, actually the rolls were down 22 million. this number is full of heartbreak, a number that's full of hardship. we have president trump has done

everything he can to provide a rescue cushion for what we knew was happening because of the virus. we had to shut down. that was the strategy. i think the numbers on the shutdown are really improving now. the virus numbers are flattening out. we are going to move into the reopening stage. but there's no question, this is a number both heartbreaking and hardship, no way to get around it and to be honest, my model's no better than anybody else's model. regarding the next month or two, you are really going to transition into the reopening of the economy, who's to say the numbers will not get worse. stuart: how rapid a recovery can we get if it's as bad as this in april, and maybe as bad or worse in may, when do we start to see a recovery? are you delaying your idea of when we get some kind of recovery into the early fall, late fall, maybe into the end of the year? >> no, actually i don't want to

delay. i'm just kind of trying to face up to the seriousness and the gravity of these numbers. i believe right now, we have begun the reopening phase. the president has put out guidelines from the federal lev level. our health care experts, the president has been meeting with governors, i've been in a couple of these oval office meetings with governors. yesterday, governor abbott of texas outlined his reopening plan. we are seeing quite a lot of that now. it's a great thing. so i think we are in the reopening stage and i think it will phase in in may and probably spill over into june, and i think in the first instance, you know, the economic and jobs numbers are going to continue to deteriorate, but on the other hand, again, i come back, i think you and i spoke about this perhaps last week. if you take a look at what the congressional budget office is

saying and what most private forecasters are saying, you see a very significant, perhaps calling it a transitional rebound in the third and fourth quarters. very significant growth rates coming off of the low and difficult days, and i think another point i hope we get to is the president has a lot of ideas, you know, not only how to reopen this economy and to transition into some strength at the back end of the year, but how with appropriate policies we can make 2021 an absolutely roaring recovery. he's done it once. we like to reward success and lower taxes and lower regulations and energy independence and better trade deals. these same policies can be put back into place, extending them in a number of areas, that will give us an absolute roaring economy in 2021 and we will see very positive numbers in the second half of this year. stuart: the president meets with

republicans this afternoon talking about a new rescue package, more measures to get things moving again, but what can he actually do before the election? if you really want to get things moving, you've got to set your sights on the future. you've got to do something now before the election to get that economy moving. what does he have in mind? >> well, look, he has put out a number of ideas. payroll tax holiday is one of them. helping america reopen to provide tax incentives for tourism and travel and restaurants and you know, american sports, baseball games, golf tournaments and so forth. he's put that out there. we want to help people by rewarding them, by providing business expensing. we want to help -- stuart: can you get it done, larry? >> they are going to have to retool, they are going to retool, many cases whether it's

large factories or small restaurants, they will have to retool for covid-19 safety. i think all of that should be fully deductible immediately. those are just some ideas. infrastructure, broadband added to the rural areas. stuart: can you get it done, larry? the next four or five months, can you get it done? >> well, i don't know. i'm not going to negotiate, with all respect, i'm not going to negotiate with you on this. we'll see. right now, we've had meetings. yesterday, for example, kevin hassett and i by telephone had a meeting with i think 40 or 50 house members, both parties, republican and democrat, exchanging ideas. i think there's a pause in the formal negotiations. we are going to take a look at things at the end of may and early june and see where we are in the economy. so i don't know that, i don't want to predict legislative process, but i will say this. this is the most important thing. the president achieved tremendous economic growth in his first three years plus,

beginning of this year the first two months, we were growing at better than 3%. here's my point. he is messaging, he is providing a growth incentive vision to small, medium businesses, middle income folks, the blue collar boom that we talked about so much, he's saying look, i'm going to stick with the things that worked and we will extend them and deepen them, and if we don't get it through this year, we will certainly get it through after the election. that's a very important message that i think should provide confidence and reassurance that this is going to be an open economy, you know, a free enterprise economy. by the way, as you know, we have used the free enterprise, they have helped us so much, the private sector, in all manner of these covid recovery ideas. stuart: not all jobs that have been lost are going to come back. are we looking at a shift of many people out of the industry which they had been working in for a long time?

travel, leisure, restaurants, bars, they are all contracting big-time. that's going to force a lot of people out of those industries. where are they going to go? >> well, those are tough questions. look, one thing i want to note about today's tough numbers is that three-quarters of it show to be temporary layoffs. i say that because this is a temporary virus cycle. this goes on now, my opinion, a few more weeks or a month, it isn't going on forever. the point is, people do expect to go back to work. three-quarters of the layoffs announced today are temporary. that doesn't remove the pain. with the unemployment insurance, with the ppp program, with the economic impact, direct checks assistance and lots of things, deferral of income taxes and student loans, lots of things we have been talking about, i think that rescue mission has actually

helped. i think as a short-term emergency rescue of cash and liquidity, i think that's why so much of today's number is a temporary layoff number. now, to your point quickly, it's impossible to predict how important the technological innovation is going to be as we rebuild america with appropriate incentives so that individuals, entrepreneurs and businesses can be rewarded for their success, not punished as some across the aisle but rewarded. i think yeah, you are going to see a lot of restructuring, safety first, we have to deal with that in any business. things like restricting liability will be a big help, too. all these things will go into the mix. my sense is you are asking the right questions but i don't think any of us has all the answers. but america has a way, does it not, over the last 200 years,

america has a way of innovating through these crises and coming out much stronger on the other side. president trump is a total optimist on this point and so am i. stuart: ain't no place like america. that's a fact. that's why i'm here. larry kudlow, thank you so much for being with us. always appreciate it. check that market. when we went into the interview, we were up about, what, 270, 280. now we are up 310. he's pointing towards a recovery at some point in the future. but it seems to me it's heavily dependent upon president trump's policies being continued after the election. we'll see. now we are up 309. football is back. and americans are dying for sports to return. it will be back, come september. who better to have on this program than the football legend joe theismann. he's in the 11:00 hour. of course, he's talking about the new nfl schedule. california moving into phase

two of reopening. but of course, there are some rules right there. california guy, steve hilton, is here to react to that and more. there will be more just ahead. you wouldn't accept an incomplete job from anyone else. why accept it from your allergy pills? flonase sensimist. nothing stronger. nothing gentler. nothing lasts longer. flonase sensimist. 24 hour non-drowsy allergy relief edward jones is it'swell aware of that.et. which is why we're ready to listen. and ready to help you find opportunity. so. let's talk. edward jones. it's time for investing to feel individual.

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stuart: all right. we will check the markets for you real fast.

we are up 321 points on the dow industrials. let's bring in economist peter morici. peter, we just interviewed larry kudlow. i'm sure you saw it. what i got out of it was yes, we will go forward with a rip-roaring recovery next year if president trump is re-elected, what do you say? >> i think that's essential. we need the right incentives. the american economy is going to go through a transition. the shutdown has accelerated the shift towards digital so we need to complement that with the right policies to encourage people to retrain and to encourage businesses to invest. they certainly don't need any more regulations. stuart: i see a real shift in where people are employed. look, i can see restaurants, bars, travel generally really restricted, really contracting. where are those people going to go? larry kudlow couldn't answer the question. can you? >> well, i think what we need is a quick buildout and incentivizing people to go into

the president's apprenticeship program. no reason why you can't go into an apprenticeship program. those programs do pay a wage and we can supplement that so people can retrain to new jobs. the reality is, we are going to have fewer restaurants and more industrial kitchens, where people make meals, have them delivered and so forth. why not train more people to be chefs? stuart: okay. maybe we will do that. we shall see. i'm sorry to cut it short, peter. i've got one of these, you know the story, hard breaks coming up. you know how it goes. thanks for being with us. we both need a haircut. see you soon, peter. we are only just getting started this friday morning. big show coming up. look at this. tammy bruce is with us. linda mcmahon. steve hilton. joe theismann, all of them on this show later on. first, remember when obama's national intelligence director said this about the 2016 election. roll tape. >> if it wasn't active collusion proven, then i think what we have here is a case of passive

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stuart: here we go, almost 10:00 o'clock eastern. big news of the jobs lost in the month of april. that was just an awful

performance. larry kudlow, he was on the program just a short time ago. he did not try to sugar coat it. watch this. >> well, i don't know if it's as bad as it gets, stuart, i don't think this pandemic has yet fully run its course. today's figures, 20 million actually the households were down 22 million. this is the number that's full of heartbreak. it's the number that's full of hardship. stuart: no sugar coating at all right there. maybe that helped the market because we are up 323. susan li, you come in please and tell me what the reports said about wages. susan: they actually went out, you're squeezing tout little guys, the guys that make less, hospitality, leaseture, food and beverage lost 1 million, recreation was down, manufacturing as you see, retail trade, so when you have lower

wage jobs being squeezed, those are losing their jobs are in those sectors, that means wages actually go up in the month and in professional sectors. stuart: okay. maybe helps the market, i don't know, we are up 343. the market is up 340 points. that's the dow industrials. despite the rotten economic news, 20 and a half million jobs lost in april, the china trade news is helping. two sides say the phase deal is still very much in place, that helps the market. here comes the money from the federal reserve, that helps the market. the dow is one and a half percent. 340 points. nasdaq 82 and s&p up 34 points and we have some positive news from disney. that stock way up 2 and a half percent. what's happening in shanghai because i know they are planning to open it, any good news from shanghai disney, lauren? lauren: it will open on monday, stuart, on monday after four

months of being closed. disney shanghai, opens doors 30% capacity. this is the template on howdies any expects to open rest of the parks. if you expect about a month ago, disney opens the stork in shanghai park, kept the park itself closed. that's exactly what they are doing. here in the u.s. when you look at disney world retail and restaurants first. shanghai disney opens in park, by the way, demand, speak about demand, tickets sold out. opens on monday, advanced tickets completely sold out. stuart: that's the big deal. it looks different but they want to go, sold out in advance, stock up 1.07 for disney. we have news on credit card company. lauren, do you have the story? lauren: we are looking at consumer borrowing, credit card use fell 30% in march, most

since 1989. this indicates two things, change in consumer behavior. if you're not borrowing money you're clearly not spending money. why that is worrisome, if you're not spending money, that's speaking of job losses, more companies might have to close their doors and lay off workers, however, on the positive side and this is what larry kudlow is saying when he spoke on job's report. he said this is temporary. as we are sheltering in place and lock down what are you really going to be buying instead of pictures to decorate home. you're at home and not purchasing as much. stuart: i can tell you what people are buying, for start, pizza. lauren: yeah. stuart: papa johns says april was the best month ever. susan: best ever in 35-year history. flat bread was flying out the doors apparently and the stock rewarded up 42% in the last

month and as a result that's why they are hiring so papa johns is looking for 20,000 delivery pizza people. maybe knock on the doors of the pizza jobs because it's not just papa johns, dominoes looking for 10,000 and pizza hut 30,000. stuart: 30,000 at pizza hut, 30,000 people? susan: 6 bucks for flat bread and pizza, what's better and cheaper to order as pizza gets fast and hot. [laughter] stuart: i want more on this. with me jack howe, he's been talking about eating more pizza and drinking more alcohol. break it down, break it down. what do you have for me, jack? jack: the pizza is one of those things that is selling well, bigger pants for us have been selling well, that's a different perfect story. pizza is perfect lockdown food and safest food.

i spoke with the ceo rob lynch, new ceo another papa johns, safest food, you put everything in 450-degree oven, when it comes out no one touches the food until the customer gets it and they really emphasize in marketing and customers are responding. they like delivery the most and pizza is their favorite thing. in booze, i'm looking anything that's working. i here anecdotal evidence of recycling bins being overflowed with empties right now. i'm not a priest or a doctor and i'm not here to judge. i want to know what it means for investors. we have fresh evidence from this from nileson this past week, we went through initial pantry loading phase right after the shutdown announcement. we have come down in a little bit. if you look at the in-store alcohol purchases slightly above where we would need to be to offset the loss of business in

restaurants and bars. boozing just a little bit more. mostly we're and wine, beer is lagging behind. stuart: before you go, i'm looking at boston beer up $12, is that hard soda? jack: do not mislead by the beer and beer name. it's hard seltzer. hey, is this just an outdoor thing, it's actually accelerated. if you think about it, they count in beer category. stuart: hard seltzer, jack howe who would have thought. high of the day, up 334 points.

i see green all across the board. all right, everyone, now this. the trump haters. they have a lot to answer for from day one of the trump candidacy all of the way through the present, their contempt for donald j. trump has dominated government and politics. they leave a shameful legacy. they've been at it for 4 years with disastrous results for our country. the fbi trapped and ruined general flynn. he hadn't done anything wrong and they knew it, but they saw in flynn a way at least to undermine and perhaps end the trump presidency. the fbi's reputation has been badly damage and that i don't think is good at all. the flynn prosecution jailed into russia, russia, russia, the mueller probe, went on for years, no collusion was found. what a gigantic waste of time, money and energy. the objective was not to get at the truth, it was to trash

donald trump. they called him a russian agent. it was trump hatred that produced the impeachment trial. remove him from office for a phone call, are you kidding? that's desperation but the haters didn't care. if they could get him out of office they could certainly hang the impeachment label on him. again, think of the time congress wasted, nothing got done for months. think of america's position in the world when our president deliberately dragged through the mud for a phone call. now it's the virus, giving the haters another opportunity to show their contempt. whatever the president does is wrong. it's not useful criticism. it's a full-scale attack on the contractor of the -- character of the president, they hate him. these people are proud of what they have done. they should be ashamed. the legacy of hatred is rarely to be admired. here is what president trump had to say about president obama's possible involvement in all of this. roll tape.

>> sleepy joe was involved in this also very much and other people around president obama were totally involved and you'll see more and more things come out, i think, because, you know, i know how it works. stuart: well the president actually went onto say, look, he think that is the president and president obama was, indeed, involved in this and he thinks the documents will show us. tammy bruce is with us. that's an outrageous thing. if that is real, that's a major political scandal of the age and that's the way it is. tammy: i agree with you. great monologue there and i have to say for people who are wondering who is best suited for the next term here with what we've experienced with a world pandemic, the last 3 and a half years have been an audition, we didn't know this. they had been audition for this new time by donald trump. we had a feeling in 2016 that he'd be the guy that would be able to help the economy.

he has proven it and the next term, of course, requires somebody who not only understands the economy and can move us out of this, but can survive what you have just described which is a group of actors, a gang willing to do well certainly corruption if not criminality to undo a major american election for the presidency to undermine a dually elected president. we not only have the politics of that and obscenity of that and the exposure of the democrats for being that corrupt, but now we have real-life dynamics that requires someone who understands us, who respects us, who respects the office, who knows what he's doing and who will make the difference. there's only one person who has proven that and that is trump and the democrats in all of this whether it's the crooked cops or the people who said fog --

nothing or the people who looked away, the american people want someone serious who is going to get it done and that's what we are heading into november. stuart: i don't think the media will ever recover from this. i'm in the media but not part of that media. they were saying at the time of the transition from president obama to president trump, what they were saying and for the next 3 years what they were saying, frankly despicable. i don't see how those people can show their face in public again. i'm astonished but what they've done. tammy: it's the legacy media. fox has done very well, we see people coming to fox beyond bipartisanship, fox nation, streaming services doing well, people know that real information matters, that you can handle this agreement when it comes to positions and point of view but that's what americans want and they're getting it in certain corners but certainly not from the

legacy media. stuart: okay, where does joe biden stand in all of this, give you 30 seconds. tammy: well, if he thought he was going to be associating himself with the obamas now that we see the new material coming out that it was going to be the past that people would want, what we have seen now is that my, god, know, we need the dynamic of a future that has optimism, so this is, i think, we will see the issue of china and destruction in the world and biden's attachment there and his representation of the past. that's not what americans want. stuart: my, how times changed. political climate changes so quickly. tammy bruce, so glad you're with us today. appreciate it. tammy: thank you. stuart: first lady and president leave white house and will be part of the ceremony for ve day, victory in europe day, very big deal, big event and we will cover it next hour. the 2020 nfl schedule is out and

we have super bowl champ joe on the program. i want to know which 5 games he's looking forward to most. he will tell us. next i'm talking to a big-name meat wholesaler, he changed his business. ly ask him -- i will ask him about that and what about the meat shortage, is it real? i think it is she's confident, protected, her strength respected. depend. the only thing stronger than us, is you. which is why when it comes to his dentures only new poligrip cushion and comfort will do. the first and only formula with adaptagrip cushioning technology. choose new poligrip cushion and comfort.

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for more information on how you can stay connected, visit xfinity.com/prepare. stuart: again not quite the high of the day but real close, up 328 on the dow, 1.3%. uber, that was sharply higher earlier, even though they lost, what $3 billion in the latest quarter, they're up 4.8%. why? because the number of rides that they carry really went through

the roof toward the end to have quarter. pointing towards a better quarter next time around. beyond meat, listen to this, beyond meat sales up 233% in march compared to last year. i want to know more about this, ashley. ash -- okay, he didn't hear me. we lose communication, beyond meat up 131, up another 7%. i will stay on the meat business. meat processing plants have closed in various parts because of the virus, of course, pat lafreda is meat purveyors ceo, the company which bears his name. can you see me? >> i am. how are you? stuart: i'm in great shape. let me ask you, you're in the meat business, are you seeing a shortage of meat?

>> we are seeing more of a shortage labor which creates shortage of inventory but there's no meat absence. we have plenty of products of 3,000 items that we carry to include impossible meat to plant-base protein. we only are missing one item today, one cut of beef. that's it. there's a lot more media hype about processing facilities closing because of taking safety protocols after the initial two highly covered facilities, plants closing but we are under presidential mandate, whether we are or not we never closed one day since the pandemic began. stuart: okay. >> retail sales have exploded. stuart: has beyond meat hurt your business at all? >> no, not at all. i have distributed products for them for several years, well before they went public or

before they were known as they are now. stuart: i take it the business has really faded. what are you doing now? >> well, we have been supplying retail outlets to include amazon, shopright, fresh direct and our own home delivery service and in times like this the same amount of people need to eat and it's our job, one of the bridge between meat and people and -- and beyond meat people so we have been supplying retail outlets and we have many restaurants that are open for delivery and curbside pickup and such. stuart: has your business done well during the lockdown? >> no, no, we predominantly supply restaurants and when restaurants are closed, we haven't seen excess of amount of work that we need to do because packaging, retail products is very labor intensive and time

consuming, so slightly-40% of the sales that we did. we will do 40% when it comes to retail as opposed to supplying restaurants in bulk. stuart: well, you're saying in business. did you see any signs of a pickup in your business? >> i did, i think there was a pickup in -- hold on. in what sector of the business? retail has stayed, you know, skyrocketed and stayed at that level and i restaurants begin to order meat and to begin the processing of opening until we have the unfortunate notices of pushing back the shutdown reopening for first 15 days. what happened 2 days ago in new jersey really hurt us and i think it hurt the economy by announcing a month ahead of time that it's not going to be until june 15th and that's not when

restaurants reopen. that's the beginning of the reopening. that hurt the economy in ways i'm not talking about -- the medical parts, the health part, but business, our entire -- the funding that the administration layed force would have been perfect for if the virus allowed us to open on may first. got pushed to may 15th in new york city. it's bad. it's not the way this money was expected -- >> stuart: we all want to open up as fast as we can and safely as we can, pat lafreida. >> thank you, my friend. stuart: moments ago we tried to get a hold of ash and talk to him beyond meat which has a huge sales increase. i know you couldn't hear me, ash, tell us now -- >> ashley: i could hear you and hatting away happily but

apparently i was frozen in time. yeah, beyond meat product sales up 233% year over year. revenue jumped in the first quarter 141%. this is the time for alternative meats when we are seeing a supply crunch for beef and pork products and grocery stores, the big box retailers like cosco, all looking for alternative so what we are seeing is the fake meat business is getting a lot more sampling than it normally would because of the meat shortage and that's certainly showing up. by the way, impossible foods also continuing to expand within kroger stores. it says availability has gone up 18 fold so far this year and will go up 50 fold by the time this year closes out, so this could be the time for plant-base meat to shine and certainly the number of the revenue and the sales are starting to bear that out. the question being, of course, if and when we get back to normal and the meat supply comes

back, how many people will continue to buy alternative meats. stuart: what would normal look like, i have absolutely no idea. thank, ash. wewe have a wort that says that wendy's is looking into price gouging by meat suppliers, susan what do we know? susan: 1 and 5 wendy's across the country had no burgers available on the menu and this is a company that's known for fresh beef and where is the beef, that was the line from commercials. some of the meat suppliers are price gouging for their supplies. we know that there's been a shortage of beef and a meat and protein because of the processing plants have been closed across the country, closed 100 facilities because of coronavirus spread amongst its employees but also you have suppliers taking advantage of the situation and really gouging on prices according to estimates it looks like fresh meat prices

were up from close to 8% of stores, wendy's concerned that they are paying more than just that. we have the usda reporting that consumers like me and you can only expect to pay 2% more in year 2020 and it's not obviously we have lack of cattle or demand, it's the middle part, the processing plants that slaughter the cattle provide the beef to groceries and to our tables. stuart: that's where the problem lies, susan, thanks. we have a couple of airlines telling us they are selling, putting more passengers on flights in the month of may. maybe they are taking vacations again. you're taking your family on vacation, you're going to supply some place. what does the plane look like when you get inside, what does the airport look like, what does the hotel look like when you are finally there, we have some idea on what you're going to see if you take a flying vacation this summer. and this sunday, mother's day, that means lots of flower deliveries, i hope you didn't leave it to the last minute

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increase in passengers for the month of may, is that correct? lauren: they sure are. pinned up demand and lockdowns being lifted in some states. spirits say flights 50 and 60% full this month. jetblue with small increase in number of passengers willing to travel. this is the economy reopening an people starting to get more confident going out. stuart: are people more prepare today take cruises? have the cruise lines scheduled anything? lauren: well, no, not really. i mean carnival is planning to set 8 ships sailing in august, but two of their lines both princess and holland america, they have canceled most all of their cruises through the summer and in some cases into early fall. the reason is airlines, right, the availability to fly to certain destinations where you can take off on your cruise, well, that's limited an a lot of

the ports where they would stop and let passengers off to sightseeing, yeah, we don't want foreigners in right now. so it looks like the cruise lines will wait a little bit longer. stuart: okay, i can understand that entirely. thank you, lauren. europe to loosen restrictions, virus restrictions, ash, greece, are they saying they beat the virus? ashley: well, they are saying they acted very early and aggressively putting in those lockdowns early and greece has only reported 150 deaths and so they hope that their tourism can kick into full gear by july 1st. now they understand it won't be what it was last year when 31 million people visited greece in 2019, that's 3 times the population of the country, but they do believe it would come back by early july, probably the high end tourist members, those kind of on yachts, you know, smith, smith coming in because the airlines are still going to be difficult to deal with but

greece hopes to get it up and running early. stuart: have you got pictures of spain and how they're enforcing social distancing on beaches. it's kind of different, isn't it? ashley: it is very different. there's a 3d video out from a town in northwest spain and saying how they would like to see beaches reopening. it's all about social distancing. it looks kind of strange, only half of many people basically being able to get on the beach, have 9 by 9 square feet of sand to use per person. that means the number of lounges available cut by 50% has been feud as you know, stu, between brits and the germans over the lounges on spanish beaches. to matter when you try to get one the germans always beat you. if you go at 3:00 a.m., they get at 2:00 a.m., it's going to be even worse when the beaches reopen. [laughter] stuart: i'm glad that we do see the humor in there because it's there. thank you so much. ashley: sure.

stuart: roger, right-hand side of the screen, u.s. association president. roger, bear with me here. let's supposed that i take my family on vacation, flying down to florida. take me through it, what does the appear -- airplane look like and what does the hotel look like, can you take me through it? >> absolutely, one of the things that we have been working on in the entire industry and put out to the white house monday and every governor was travel, the new normal and health and safety guidelines, so everyone from the airport, airlines, hotel adapting same cleanliness guidelines, you will see distancing, marks on floors, airports how far apart you can be as you go through tsa. when you get to the hotel, you're going to find as much touchless as possible. people handing you credit card

perhaps through plastic screen and i'd like to take away the word social distancing and change it to fiscal distancing because we are a social business and coming back fairly soon and we will watch it carefully but we have to get back. stuart: you will put all of the ideas in place, make it almost universal. common standards of how you approach the public. what do you think -- what do you think it would take or when do you think we will get back to something like normal summer travel? >> i think what it's going to take is first the consumer to have confidence that this virus is moving behind us. obviously everyone says when we get a vaccine that will be a huge positive jolt, but this is why was put the protocols in police and the guidelines it's because the consumer wants to hear consistent story from governments, from medical facilities and medical experts, also the industry itself. so for all speaking same

credible fact-base they will come back sooner and the other thing that's important is pioneers. when they hear stuart varney got on a plane, then they will get on the planes. stuart: honestly, roger, i do believe that the comeback is faster than a lot of people think. i think there's enormous frustration with being kept indoors and as the weather improves, i think a lot of people just want to bust out and go on a vacation. i think -- i hope you are surprised at how quickly we resume our vacationing habits. >> i'm with you. i think it's going to come back faster than we think. all people see 24/7 is hospital pictures, sick people pictures. when they start seeing people on planes, people on airports, people on beaches, they are saying me too. i think you're right, stuart, we will help get them back and you're a great spokesman of getting the word out. stuart: be careful.

i'm just conscious of the fact that the travel industry has suffered past more than any other industry in the world because of what's happened with the virus. we would love to see you get back on your feet full time. i would love to see that roger, thank you for being on the show and i hope the things work. >> thank you. stuart: again we are up 330 points for the dow industrials. that's 1.3%, similar gain for s&p, similar gain for the nasdaq which by the way is well over the 9,000 level again. that's the nasdaq for you. next we will deal with truckers, shipping rates way down because of the virus, smaller operations therefore in some trouble. jeff flock is with us. what do you have, jeff? jeff: problems in the trucking industry. the president responding. we are in illinois, take a look at the numbers, stuart. the bottom has really dropped out of the amount that trucking -- truckers and trucking

companies are getting paid to move freight. semiloads in march when everybody is stocking up. 1.87 a mile. got down to 1.64 in april. in may 1.50 and in an industry where margins are tight, this is huge. flat bed loads pretty much the same. the truckers say the problem is, the trucker companies say the problem is brokers that essentially are keeping their margins up and kind of, you know, gouging the truckers. the president this morning responding and saying he agrees. listen. >> they are price gouging. must have been like a thousand trucks, they were honking, honking. they like the farmers. all they want is to be treated fairly and we will treat them fairly. you know what they are asking almost nothing, they're not asking for much. we are handling the truckers. we will take care of them.

jeff: and the president is absolutely right, stuart, the truckers are not asking for much and not asking for money. one thing they are asking for, they are asking for more government regulation. they say the brokers, the people that, you know, make the connections between the trucker companies and the loads out there, they need to be more transparent. apparently there are regulations that say they need to be transparent about how much is being charged and, you know, so that people aren't being gouged but they are not doing that. the truckers want more regulation and the president seems to be hearing the plea, stuart. stuart: fascinating, who would have thought that truckers are demanding more regulations. that's what we need, who would have seen that coming? understandable but still surprise. jeff, thank you very much. now, what about the gig economy? it's an industry that developed in the 2008 financial crisis largely. grady, the rimbell, come in please, you spoke with the ceo

of task rabbit? >> grady: with the changes in the way consumers buy things are going to be changes in the way we work, at least that's what the task rabbit founder is expecting. a lot of the gig economy jobs and companies as you said started in 2008 at a time when employment peaked at 10%. we found out unemployment even higher right now, so the founder of task rabbit more people to go into the gig economy and she knows a thing or two about it because she helped create it. >> you will see more entrepreneurship. we will see more freelancing and people go off on their own and be providing the services on their own. we need a new way to categorize the so-called kick workers,

stuart, they are somewhere in between contractors and full-time employees. stuart: big problem in the gig economy. grady, thank you very much. still up 350 on the dow industrials and we have a big name for you coming up. joe theismann, release of the nfl schedule and the apted -- anticipated return of prosports without fans maybe, how about that. next hour, by the way. big mush to get children back into school by the fall, how a school district is going to pull that one off. what does school look like in september? we are on it. every financial plan needs a cfp® professional --

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stuart: yes, it's mother's day on sunday and we are keeping with tradition, pictures of the

moms who have been there for the members of the team that puts the show together. as you can see on your screen, that's jen right there, that's brian on the right-hand side there. joanna right there with mom. okay. daniela, mother and grandmother, i understand. okay, who else? is that it? we will show you a lot more i promise you throughout the show. more all of here at varney & company, we wish all the mothers out there a very happy mother's day. got it. lots of moms that are home right now trying to teach their kids during the epidemic lockdown. here is the question, will schools reopen in the fall and if they do, what would they look like, what would they feel like. robert, the superintendent of broward county schools in florida, the sixth largest school district in the country. sir, i know that you want to reopen, i know that's your priority, just tell us what

would it look like when you reopen, what would school feel like for the kids going back? >> that's something that we are presently working on at but my sense hybrid scenario where we will continue some element of distance learning. we will have some face to face classroom as well but whatever we do it has to be something that will give our students, our teachers and our parents confidence that our schools are safe and secure places for us to continue learning, so we will have to take into consideration cdc guidelines, social distancing, we will probably have to have new strategies for cleaning and sanitizing our schools. there's going to be significant costs to figuring this out. we will need to have some element of testing for our employees and our students and teachers, so there's a lot to

contemplate. stuart: that's not easy, robert, your list is extraordinary long and difficult to implement, but, look, i know that your priority is get kids back to school. are you considering, if it's possible, could you open in late july or august? >> our school year start in august. it is our intent to plan to figure out how we will continue learning and open our schools in august in some form, so what we are planning for is to have multiple scenarios that could occur during the course of the school year. we have to be flexible and smart about what we are doing and so, yes, we may have some students and some teachers that may be continuing to operate and learn through distant learning format. we may have some actually

situated in the classroom. so we may have a hybrid that goes on but our goal, we know that we have to get our community back to some sense of normalcy. our economy cannot function if our public schools are not open and we have 30,000 employees servicing 270,000 students and if we cannot function and get our kids back into some sense of normalcy relative to the education system, the economy cannot move forward and so my belief is that as we think about the stimulus funding and the packages that have been put together, we are going to need significant funding to ensure that our education systems which are the core of our community can function and provide the services needed. stuart: well, you're absolutely right, you can't have the economy open up in full tilt

unless you have schools open again so the parents have somewhere for kids to go. thank you for joining us, robert. thank you. i'm going to show you live nation. mixed picture there. first quarter revenue down, but over 90% of fans said they want to keep their tickets for future shows. they don't want a refund. that's the news bottom line, stock up 1%. overall we are still hold to go 300-point gain for the dow jones industrial average. similar gain for s&p and the nasdaq as well. we have a couple of pandemic winners to tell you about, i don't, lauren does, what you got, lauren? lauren: you go to the store and can probably find toilet paper, but can you find clorox disinfectant wipes, no, it's impossible. cfo says they are making them as fast as they can. this is an item that people didn't really buy before coronavirus and demand is huge

right now. they are only staying on the shelves between, well, maybe half an hour to 45 minutes, so clorox is winner up 1 point% and i also we wanted to talk about twinkies maker hostess brands, this is one of the reasons they are doing well. they had to pull guidance like many other companies because of the pandemic and the question mark for them is how long does it last, which is the same question for corporate america, the duration of all of this. stuart: every single one of us wants to know how long does it last and what does it look like on the other side. no answers yet. thank, lauren. lauren: in the meantime we eat twinkies. stuart: joe biden held a virtual rally and did not go well and we will tell you all about it. as businesses reopen across the country, employers are planning new ways to track the health of

their staff. does that sound little big brotherrerish, it does to me, we will explain it in full meet jim. for jim, comfort is king. which is why when it comes to his dentures only new poligrip cushion and comfort will do. the first and only formula with adaptagrip cushioning technology. choose new poligrip cushion and comfort.

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stuart: all businesses are slowly reopening and some employers are using new ways to measure the health of their

workers, track their health, kristina partsinevelos, i have to say it sounds big brotherrish to me. kristin: sounds like it, but now you have consulting from price, waterhouse cooper, the way the app works it uses geo location and time of worker in the office. if you have covid opt in to use the app and the employer pwc can see how you're interacting. we spoke to one of the experts on the project and said that can be notified if you turn off the app and remind you to turn it back on. you have thermal cameras and i

spoke with founder and can detect if employees are standing too close to each other. the software is being used in construction sites. like you said, stu, a lot of the firms are spending a lot of money with the new protocols. will they remove the technology once the health crisis moderates? couldbe era of surveillance? stuart: they're not going to walk away from it because the virus has gone away. it is big brother, that's just my opinion. kristin: i agree. stuart: there you go. thanks, coming up we have my take on reopening america, we need to get this economy up and running again. that is an imperative. back in a moment. can take care of things like groceries

before they worry about their insurance or credit card bills. right now is the time to take care of what matters most. like we've done together, so many times before. discover all the ways we're helping members at usaa.com/coronavirus and people you can rely on. i'm a dell technologies advisor. me too. me too. me too. and if you're a small business, we're with you. we are with you. we're with you. we want to help. so we'll be right here. at home. answering your calls. providing support. and standing by you every step of the way. bye bye.

stuart: you've seen the numbers. 20.5 million people suddenly unemployed, just in the month of april. whole industries crashing. the economy basically at a standstill. we are in the depths. when it's this bad, surely we have to climb out and climb out quickly. there have been some important and encouraging developments. in california today, some retailers can open with curbside pickup, okay. that's at least a start. governor newsom may have been pushed into it by the open revolt of some retailers who told him point-blank if we can't open, we are bankrupt. even california has to deal with

that somehow. look at this. shelly luther walks out of prison. she flouted the lockdown rules by opening her business. she was hauled into court, refused to apologize and was sentenced to jail. there was uproar and rightly so. this was a clear example of lockdown orders creating bankruptcy. shelly luther stands for economic sanity and she's getting a lot of support. her gofundme account took in $500,105 in a matter of hours and has stopped taking new donations. big population states run largely by democrats have been dragging their feet in opening up process. back to work is on the back burn tle er there. it's understandable because states like new york and new jersey have the most cases but they, too, will face heavy pressure from businesses desperate to stay in business. and there are the hidden costs of the lockdown, too. child abuse, domestic violence, alcoholism, drug addiction.

these are serious problems which get worse the longer the lockdown goes on. financial stress, that gets worse the longer you are off the job. your medical condition, that doesn't improve when you can't see your doctor or have a procedure. there's imperative here. open up quickly. we can't stay locked down. the economic pain is clearly visible. the frustration and disruption of staying at home gets worse by the day. call it tough love and that's what it is. it's not easy facing the virus risk. that is tough. but worse is the destruction of our economy, our way of life. we have to climb out of that abyss that we're in. back to work soon, please. the third hour of "varney & company" is about to begin. stuart: solid rally on the market despite that dreadful

jobs report. we are up 300 on the dow as we speak. again, we learned this morning it was an historic 20,500,000 drop in jobs just in the month of april. the unemployment rate went to 14.7%. that's the highest number i believe since around about the great depression in the 1930s. earlier on the program this morning, white house economic adviser larry kudlow joined us. he's not sugar-coating this bad news. watch this. >> well, i don't know if it's as bad as it gets, stuart. i don't think this pandemic contraction has yet fully run its course. regarding the next month or two, which are really going to transition into a reopening of the economy, who's to say the numbers will not get worse. the president has a lot of ideas, not only how to reopen this economy and to transition into some strength at the back end of the year, but how with appropriate policies we can make

2021 an absolutely roaring recovery. stuart: he's going to get re-elected to get that roaring recovery. market watcher mark tepper joins us. mark, we talked about this before. the market's doing extremely well despite the bad economic numbers, because i think we're looking towards going back to work and the expansion on the other side. that's where we are right, mark? >> yeah, exactly. good morning. yes, so as you mentioned, we need to reopen and we need to reopen quickly. we can't make this a long and extended process. the stock market without a doubt has gotten way ahead of the economy but that is typical, right. i mean, the market does tend to move first. we were actually talking about this inside my office the other day, the market is going to hit all time highs this year. while that's in my opinion unlikely, it is not beyond the realm of possibility. the market right now, it looks like a train that has absolutely no intention of stopping. if you understand we went from almost 3400 on the s&p down to 2200 all because of fear, it

would make sense that hope and optimism is really what we need to really fire up this rebound on the way back. stuart: look, i'm interrupting and i'm sorry to do that to you, but look, it depends on people being willing to go back to work. awful lot of people make a lot of money staying at home, you know. it also depends upon people going back and buying in the stores and going to restaurants and bars and there may be some reluctance to do that. you could see a market pullback if the back-to-work and back to buying and selling isn't as fast as we would like. >> spot on. so when we talk about back to work, right now, we are literally disincentivizing groups of people from going back to work with juiced-up unemployment benefits. they are getting an extra 600 bucks a week from the federal government. now there's talk about the democrats pushing for another $2,000 a month. so at that point, what incentive do people have to go back to work. that's going to hurt the small

businesses. then you look on the other side and you look at what's happening with the consumers. the longer we stay shut down, the deeper that psychological damage is going to be for the consumer. so we have to reopen, we have to reduce fear, we have to get people to go back to work, we have to get people to go back to living the lives that they're accustomed to living six months ago. we need to get that done sooner than later. stuart: got it. i read your stuff and i know you like dollar general. i'm picking on that one stock. i know you like it. it's a retailer, low priced retailer. why you like it so much? >> consumers tend to scale back on spending and they trade down whenever you are in a recession. they tend to put off their big purchases so people aren't buying a bunch of teslas right now, they aren't buying a bunch of homes. they are instead focusing on the essentials. that bodes well for trade down companies like dollar general. dollar general, 78% of their revenues come from consumables, your basic necessities, and when we look at that last stimulus

check, 80% of that money went to grocery stores. so any government aid that's going toward lower income households is going to be a tail wind for dollar general. like i said, democrats are already pushing for another $2,000 a month. one of the great things about dollar general is they have a rural footprint where they are literally the only game in town. there's no competition for them. they are going to be a beneficiary of this. stuart: why do you like o'reilly automotive? i read your stuff. i know. what's so good about them? >> because this is going to be the year of the road trip. we just heard yesterday, rv sales have skyrocketed which validates that theme. when you have fewer people flying, you've got gas prices being extremely low, it makes sense that we are all going to put more miles on our cars. problem is, our cars are old. our vehicle fleet right now is the oldest it's ever been in the history of actually taking these numbers down and they do need repair.

o'reilly is going to be a beneficiary of that whole road trip theme that i think will persist for at least the next 12 months. stuart: you are a smart guy. you really are. >> average. stuart: flattery is a big deal in television but you don't have to do it. you sussed it out. dollar general, o'reilly automotive. those are smart ideas. i like that stuff. mr. tepper, you will be back soon, i hope. thanks very much for joining us. >> have a great weekend. stuart: you, too, sir. thank you. uber, look at them. they lost $3 billion last quarter but the stock is up. okay. i think we had better bring in dan ives, who is going to tell us, why is uber up? we didn't have the stock there but it's up significantly this morning, 2.8%. when they lost all that money. what are they saying about the future that looks so good? >> yeah, and also, yesterday was up, there were armageddon-like worries going into this print.

you saw maybe better than feared numbers but particularly the last few weeks seems like the states that are open, some of the countries that are open, you are starting to see improvement there but it all comes down to cost cutting. a billion dollars of cost cutting, on the other side of this dark valley you have a profitable uber. that's why the stock's up. stuart: got it. thanks very much. 31 for uber as we speak. operating officer told our own susan li that he's optimistic about the company when we are done through and gone through the pandemic. hold on for a second. roll that tape, please. >> i am optimistic. as you look around, you see the resilience of the people working through this challenging time and when i take a look inside of apple, i couldn't be more encouraged. you know, during last quarter, even though these are challenging times, we launched three new products and i feel great about the economy in the long haul. it's just a matter of getting from here to there.

stuart: that's all very promising stuff. you still backing apple to go well above $300? >> yeah, and i think you've seen that, right. i think the street's looking past these dark storm clouds from covid in terms of march and june on the other side. what is on the other side of the dark valley, you have 350 million of 925 million iphones that have not upgraded their phones in 42 months. you start to put that together, some of the parts, i think this is a $350 plus stock, as you get into it. that's why, in my opinion, this is a name you continue to own here even though the near term is obviously clearly uncertain, from a demand as well as supply chain. stuart: i said the other day that i think apple can look forward to a flood of people going into their physical stores when they reopen. because i mean, there's a lot of pent-up demand for all kinds of things concerning apple. am i overdoing it? i think it could be so big that it might actually make a

significant difference to their revenue. >> it's a great point. today, let's call it iphone [ inaudible ] 10% of revenues but you are seeing so much pent-up demand, remember, it's more of an experience going to an apple store and that's what you're seeing in asia, as a lot of these stores are opening up even across europe, pent-up demand's there. you put that together with just the overall 5g cycle, this is a name you continue to own. that's why i think a year from now, this is when you will look back on these last four, five, six weeks as a golden opportunity to own apple, in my opinion. stuart: okay. i will take that in mind when i'm making my next decision. dan ives, $350 on apple, so he says. we will see you again soon. thank you, sir. >> thank you. stuart: where's gold? i know it was -- oh, okay, $1722 per ounce. let's see. it's near a two-week high. is it? susan, tell me about this.

susan: yeah. ubs is predicting $1800 pretty soon and bank of america is predicting $3,000 an ounce in the next 18 months. the reason, there's a lot of central bank action, not just here in the u.s. although the federal reserve does have opened up a $4 trillion, now $6 trillion balance sheet and people are expecting interest rates to go negative for the federal reserve later on this year. however, when you have someone like paul singer of elliott management calling this undervalued, gold prices are, you know, a lot of people are looking to rotate in, especially with hopefully some inflation coming down the pipeline. stuart: all right. tell me about bitcoin. i noticed it topped $10,000 for the first time i think since february. it's at $10,095 now. why? susan: that's right. also doubling, by the way, since the depths of march. why? well, two factors here. we have an event coming up on may 11th, meaning the value of transactions will be sliced in half, basically. hard to explain bitcoin. i'm trying here with this very sophisticated technology to you.

but also, the fact that you have paul jones saying he's buying into bitcoin now because using it as an inflation hedge, not gold, because some see that as an old inflation hedge. bitcoin might be the diversification for the new generation. when he speaks, as you know, people listen. he did very well. last time he bought into bitcoin is when it rallied to $20,000. stuart: okay. well, he says he's buying it and the thing went up to $10,000 a coin. thanks, susan. how about disney shanghai. that sold out for their opening day. i believe that's next monday. they sold out. the chinese government asked the park to cap capacity at 30% and they did that and still sold out with tickets for next monday. as for disney springs in florida, that will begin a phased-in reopening later this month. that's a little earlier than expected. disney's stock up on that, two bucks higher. $107. sea world lost $56 million in the first quarter.

they say, though, they are confident in the resilience of their business. they are up ten cents at $14. harley davidson just announced a new ceo this week. they are up 70 cents at $21 a share. and the nfl schedule is out, it's here. the houston texans will visit the super bowl champs, kansas city chiefs, to open the season. with or without fans in the stands. joe theismann will join us later this hour with his big picks for the season. this morning, president trump said he believes the michael flynn case will expose abuse of power at the highest levels, all the way up to president obama. steve hilton will discuss that with us. and the crowds cheer as the dallas salon owner leaves jail. she was punished for opening her business early. i say she stands for economic sanity. we will ask former small business administrator linda mcmahon about that. she's next. ♪

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stuart: we are back with a new poll and it shows how we feel about getting a virus vaccine once it's available. lauren, a lot of people won't get it? lauren: i'm shocked. a quarter of people according to this abc poll say they will not get a coronavirus vaccine, if a safe and effective vaccine is developed. 74% of people said they would. okay. why? why would you not want to truly reopen the economy and get a cure essentially for the coronavirus? i think there's three reasons here. there's just that anti-vaks sayin vaccination crowd, number one. confidence in vaccines is on the decline in general. number three, i'm speaking to you and ashley, adult men are

generally the most reluctant to get vaccines. think of the flu shot. a lot of people don't get that although they say you should. stuart: are you shaming adult men, lauren? lauren: i'm just sharing what i read and what i learned from experts. look, if a vaccine is proven safe and effective, i will be the first on line to get it. i will make every man i know do the same. stuart: okay. you know, ashley, i'm inclined to leave it right there before we go any further. how about you? ashley: let's move on. let's move on. lauren: wait. would you guys get it? seriously. stuart: i'm not going to answer on live television. lauren: what? ashley: probably. stuart: a speculative question that's way down the road. okay? there you go. i heard that vast intake of breath, lauren. i heard it. i heard it. all right. look at this.

20,500,000 jobs lost in april. oh, man, we're in the depths. 14.7% unemployment. i say we have got to get back to work, got to get back there fast. linda mcmahon is with us, the former small business administrator. linda, it's always good to have you on the show. here's my premise. >> thank you, stuart. stuart: if we don't get back soon, and i mean soon, businesses, small businesses, across the country go bankrupt. i don't care what the government's going to do for them. this is an imperative. we've got to get back. are you with me? >> absolutely, stuart. what you're going to see as is always the case, is that this comeback will be led by small businesses. i mean, shelly luther was a classic example of why small businesses lead the way on the economy because small business owners are innovative. they are entrepreneurs. they are going to figure it out. they are going to provide the right safety measures to get customers back into their

businesses. they always have and they always will. and we are going to have to sort of, you know, get past the fear factor and the way we get past the fear factor is to make sure that customers are going to feel safe coming back into retail stores, hair salons, nail salons, pizza parlors, all of those things, restaurants, because they are vital to our economy. we are going to see small businesses do that. stuart: i think going back to work, that may be a little delayed because a lot of people make more money staying home than they did actually going to work. i think there will be a lot of people who didn't like the job they had and don't want to go back to it so it's the back to work element that i think will be kind of slow. however, the other side of the coin, getting out of the house, going shopping, going to the restaurant, going to the bar, i think that will explode. i think there's a dichotomy i see here. >> i think you're right about

that. and there is some portion of those folks who were either laid off or furloughed that i think the measure of the unemployment insurance and the additional $600 per week has been very very helpful for them in maintaining their homes, being able to put food on the table for their family, but there is the other side of that that hey, they might have been making a little more with unemployment than they were when they were working full-time. but i have really found that by and large, people who have jobs, good-paying jobs, they are satisfied with their work, they want to come back to work and i do think that ppp which was put in place has helped so many small businesses keep their folks even though they are not working, you know, to keep them on the payroll which has obviously kept them off the unemployment rolls as well. so they are ready to come back and i think that was the intent when businesses are opened but as you have said, states now have got to look at how we

reopen safely in our country and get people back to work. because we are a consumer economy. until we get back to being consumers, and create that demand, you know, we're not going to see our economy come back but we are going to see it come back, and i have great confidence and faith in president trump, who knows exactly how to do that. he rebuilt this economy once and he's the one to do it again. stuart: linda, i was so pleased to see shelly luther walk out of jail to a lot of cheers. by the way, president trump spoke about it this morning on "fox & friends." let me roll that tape for you. then you can see for yourself. roll it, please. >> i thought it was terrible. i thought he was a terrible judge. the governor agreed with me because the governor and the attorney general, they have a great attorney general, she's an incredible representative for a large group of people that want to do the same thing. they want to get back to work. these people want to get back to work. everybody's done what they have done and you can only do that so

long and that causes death also. stuart: yeah, good point. last word to you, linda. >> absolutely. shelly came out and showed look, we want to reopen, we want to reopen in the right way, but we have kids to feed and we have things to do and we must maintain safety and health but we've got to get people back to work and get people in our shops and in our stores and in our restaurants. stuart: yeah. i just love to see that video. i really do. what a woman. linda mcmahon -- really, what a woman. linda mcmahon, thank you, ma'am. see you again real soon. good stuff. >> thank you, stuart. stuart: programming note. dallas salon owner shelly luther herself will join us here on "varney & company." that's next tuesday. don't miss that. she's a star. ford is getting back on track. the nfl has set a schedule for the fall. and today, nba teams, well, they can reopen practice facilities. a lot of them say they are not

going to do it. we will tell you why. the justice department drops its case against michael flynn but james clapper, president obama's national intelligence director, said this about the russia probe just last year. roll tape. >> if there wasn't active collusion proven, then i think what we have here is a case of passive collusion. stuart: really. turns out james clapper admitted before that television interview, he admitted that he had never seen evidence of collusion. steve hilton will deal with that next.

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i think you can too. trust aag for the best reverse mortgage solutions. so you can... retire better. it was just a total hoax. it was a made up story, a disgrace to our nation. these are dirty politicians and dirty cops and some horrible people and hopefully they're going to pay a big price some day in the not too distant future. stuart: all right. obviously the president there slamming those who targeted michael flynn. by the way, the doj, if you don't know by now, has dropped those charges. now, president trump also said, here's the bombshell, he also said that documents will soon reveal that this goes all the way up to president obama. that's what he's implying this morning on "fox & friends." bring in steve hilton, the "next

revolution" host. that's a bombshell suggestion, steve. >> it is, stuart. and it just confirms what we have all been feeling about the story for the years now that it's gone on, which is it shows you really what 2016 was all about, why that fight was worth fighting and winning, because what we've got in this country is an arrogant ruling elite that thinks that it's got all the answers, that if you try and challenge their way of thinking, with, for example, an outsider candidate like donald trump, they just must be crushed, it's unthinkable, we can't allow it. we, the establishment, we must rule regardless of what the people actually choose in election. that's why the next election, too, is going to be so very important because if they get back in with joe biden, you are going to see them in a way vindicated and we have to stop that from happening. stuart: yeah. i just think it's an absolute bombshell. if this is anywhere near

accurate, it is the political scandal of the century and that's a fact. look, let's move on. in california, you are a california guy, that's what we think, they are reopening. why do you say it's a waste of time? >> well, let's just -- there's a phrase in there, let's be thankful for small mercies. gavin newsom, let's give him credit, he listened to the protests, he's listened to the pushback and has really accelerated the reopening plan in california and done a vital thing which i have been arguing for which is introducing localism, so counties, particularly in the rural parts of the state, that are much, much less affected, barely affected at all by coronavirus, can actually start to open up quicker. that's all good news. what i worry about is that as we reopen, the new problem we'll be facing is the imposition of rules and regulations that will slow down the recovery, slow down people getting their jobs back, but aren't justified on any scientific basis. great example is temperature

checks. we hear all the time, you can open up if you have temperature checks for employees. it's a total waste of time. we know from the science about coronavirus that actually temperature checks, if you do them, will mean that you miss most of the people because most people are not symptomatic, they can still spread the disease and actually, with temperature checks, you might catch people who don't have coronavirus but something else. so it's a completely kind of ridiculous superficial giving the appearance of safety and health protection but actually is just needless red tape. there are so many examples of that. i think we've got to remember the facts about coronavirus. 85% or more people have mild or zero symptoms. our focus should continue to be protecting the vulnerable, not imposing these rules on everybody. stuart: yes. because it slows things down. like curbside pickup. okay, maybe nice and safe but it's not going to encourage people to actually go out there and buy anything. >> that's right. exactly. stuart: you know, it's almost a silly little rule, just thrown in to make it look like we're

all being extremely safe. >> exactly. stuart: i've got to talk to you about congresswoman rashida tlaib. she says the next stimulus bill should give monthly payments to all americans. hold on, steve. listen to this, please. roll tape. >> these debit cards would be working with nonprofits getting them out to people and mailing it to people and it would be recharged $2,000 every single month until this pandemic is over. so none of this one-time stuff. stuart: good lord. $2,000 a month on a debit card delivered in the mail to everybody. have at it, steve. >> you know, that's a very helpful comment from her because it really crystallizes the attitude we have been seeing from the left through this whole process which is they genuinely believe that somehow the government can float the economy for as long as is necessary, and you can shut down the private sector, shut down business. it's okay, we'll take care of everything. where do they think the government gets the money for

all these checks, for all this relief? it comes from business that they're busy closing down. if you keep it closed down, there's not going to be any money to send to anybody. stuart: but wait a second. they've got the new economic theory. you don't have to tax, they love to tax people, you don't have to worry about where the money comes from because you will print it. that's what they want to do. they just want to print it. >> i know. it's just this sort of magic money tree idea, isn't it. let's see how that works out when you've got the possibility and the scale of borrowing they are talking about completely unchecked, rampant inflation that sets us back in a spiral of depression and unemployment and rampant inflation, the whole thing is just completely illiterate from an economic point of view, yet because they have this incurable idea that government is the substitute for everything and the answer to everything, they keep pressing on with it. we've got to fight this. stuart: i would just call it vote buying. $2,000 a month. lot of people will vote for that, i'm sure.

steve hilton, we will be watching sunday night. that's a promise. see you again soon. thank you. okay. there is the white house. left-hand side of the screen. the president will be meeting with republican members of congress about 1:00 this afternoon. 1:00 eastern time. we are told they are going to be discussing potential next economic measures as the nation slowly reopens. got it. joe biden held a virtual campaign rally. it wasn't in tampa, it was a tampa virtual rally. did not go well. it doesn't look like it was very good. what else happened, ashley? ashley: glitches, unfortunately. technical difficulties, they like to call them. he had local supporters and local politicians, they all had glitches on their feeds. the audio was lagging so far behind it was very hard for people to understand the feed from joe biden himself was also full of glitches and then the whole thing went down for a

couple minutes, leaving a blank screen. not exactly a success. of course, as you can imagine, the trump campaign jumped on this very quickly. they said it was an unserious comedy of errors and also, the trump campaign said look, if you can't run a live stream, how can we expect him to run our country. there you go. stuart: there you go. all right. mother's day sunday. if you waited to the last minute to send flowers, you are going to pay a lot for delivery. we are going to deal with that coming up. the washington redskins announced their 2020 schedule with this video. it shows the players doing virtual workouts. football legend, super bowl champ joe theismann, he played for the re skidskins, he joins with a preview next. this is decision tech.

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i'm thrilled for football season to start. it might start late. it might start a little bit

later in college, too. but if we can get a handle on how to do it and keep the players and coaches safe, too, because that's close quarters as well as being in the stands. stuart: well, i think we might see it on time if we are -- if you're listening to the national football league. the question is, will we be watching it on television or will we be in the stadium. stuart: you know those guys. joe namath, tiki barber. they were on the show yesterday. they think football will be back this fall and they really want it to come back this fall. so i think does joe theismann, the legend of the game. super bowl winning quarterback and a viewer of this show. you can come on any time you like. joe, we have seen the schedule and i believe you've got five games and you have picked them out, that you really want to see. what are they? >> well, first of all, the cincinnati/miami game later in the year. they will have an opportunity to play. they don't play in the division and it will give joe burrow and tuo possibly a chance to play

against one another, sort of an alabama/lsu return game. so that's one game i'm very interested because of the young guys. the dallas cowboys and the washington redskins will play on thanksgiving day. now, that may not be interesting to a lot of other people but it certainly is to me. you've got the bucs playing the saints. obviously tom brady and of course, in that division you have that kind of football game. the chiefs and ravens. the team that won the super bowl a year ago and what was considered up until the super bowl or playoffs, the ravens, the best team in football. then of course, the pats and the bills. what will the new england patriots look like. there are early games that are interesting, there are late games that are interesting. there's a lot of good football i think ahead and i'm rooting like everybody else. i want to see football. i think it gets everybody excited. i think there's hope for it now that the schedule's been released. first it was the draft, now it's the schedule, now we figure out how they will practice and get ready for the season. stuart: no question we really

want -- tell you what. right as the virus was hitting, there was one 24-hour period where suddenly all sports were just shut down. that was the moment when i realized my goodness me, this is real, this is terrible, and i think when we get a professional football team back on the field, playing again, i can watch them on television, that will seem like hey, we're getting to the other side of this thing, finally things are returning to a little bit like normal. i really welcome that day. >> i agree with you. i think what we're looking for is what we thought was normal. there will be a new normal but certainly football can be a big part of it. now, will there be fans in the stands? we're not sure. but at least on television, you will be able to see live football. lot of replays have been on, lot of replays of baseball games, golf matches, everything you can imagine. i think people are looking for something live. football could provide that opportunity. stuart: if there's no fans in the stadium, what do you say to

television producers piping in some sound effects? defense, defense, that kind of thing? would that work? >> yes, it will. i mean, they can pipe in crowd noise. we have seen it at other stadiums. some stadiums that may not be as full, they can jack it up on tv and make it sound like there's a lot of people there so the technology's available. that's the fun part of it. i have played in an empty stadium. i know what it's like. matter of fact, when you call signals, it echoes, you get under center, you go hut, it goes hut, hut, hut. you can hear the echo through the stands. it's eerie. it's different. but at least it would be football, stuart. stuart: yeah. you know, joe, i have to bring this up. everybody remembers the terrible injury that ended your career. in 2018, maybe you know this, alex smith suffered the same injury on the same day playing on the same team. now, watch this video. this is smith back on his feet,

he's doing drills at full speed. i'm going to show it to you. there you go. doing drills full speed, full workout. what do you think of that? same injury as you. >> i think it's unbelievable. i'm rooting for alex. espn did a project on him and even though we broke our legs at the same spot on the field by the same -- by defensive players that were three-time defensive players of the year, both our left tackles, starting left tackles, our pro bowlers were out, there are so many similarities. i have a nephew by the name of alex smith that makes it even more scary for me. but i'm rooting, at first when he had the injury, i thought there's a 95 chance he won't be back, 95/5. now i'm more 80/20 that he has a chance to come back. there's a couple things i would like to see him do that i knew i couldn't do, it wouldn't allow me to go. as a matter of fact, yesterday was his 36th birthday. so alex, happy birthday to you. i think what we see in this

video is the result of so much hard work and so much dedication. i mean, he has the heart of a lion. the guy used to carry rocks underwater when he trained. he's aquaman. so great to see him out doing what he's doing. stuart: yeah. go, alex. go, alex. it's just great to see that. it really is. it's great to see you, joe theismann. don't be a stranger. see you again soon, i hope. thank you very much. >> thank you. take care. stuart: now, a different sport. the nba. they are allowing practice facilities, practice facilities, to open today but most of them won't do it. they won't open. why, ashley? ashley: yeah, because most of the teams have announced they are not going to open today. only three teams in the nba said they are opening their practice facilities today. they are the denver nuggets, the cleveland cavs and the portland trailblazers. other teams say no, they're not going to do it yet. in fact, just looking at the houston rockets, they are not going to open until may 18th.

now, of those facilities, of the three that are open, no head coaches allowed, no assistant coaches, only four players in the facility at any one time. so yes, they can open today on the practice side of things, but almost all of the teams saying hang on, we are going to wait just a little bit longer. stuart: i'm surprised. all right, ash, thanks very much. mother's day sunday. despite the pandemic, we are going to spend collectively, we americans, 26.7 billion on that mother's day holiday. that would be up 7% from last year. of course, a lot of that money will be spent on flowers. we are going to speak to the ceo of 1-800-flowers.com about one of their busiest days of the year. the ceo joins us after this.

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