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tv   The Evening Edit  FOX Business  August 12, 2020 8:00pm-9:01pm EDT

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dr. michael pills burly will pillsbury will join us tomorrow. "the trump century," how the president changed the course of history forever. preorder at thetrumpcentury.com, barnesandnoble.com, and amazon.com. thanks for being with us. good night from sussex trump you see that the united states. that is despite the fact that we've done more testing than any other nation in the world. we've done more on ventilators. we're building thousands and thousands of ventilators amonth. we're distributing them all over the world. we're helping other countries. despite all these factors, the shallowest contraction which is a big deal. i'm sure you love to put them in various media outlets. i know you want to get that out. if you want to leave the room
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early and do that, that would be fine. the rapid recovery, but it would be nice to report it. the rapid recovery of homebuilders sentiment points to massive new construction and we are doing massive amounts of construction of new homes. that is because people have tremendous confidence. this is where we went. and the housing market has quickly rebounded. we were at a record. now we're going to be at a record again very shortly. those numbers rin credible. that's where we are. we had to turn off the economy and now we're turning it back on. that is, this is going to be, very strong. it is called a strong v. automobile demand has increased 65% over the last three months. 65% automobile demand and we're anticipating that that is going to go up even further but that's more than any, anybody else. the manufacturing sector,
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remember manufacturing is dead according to the past administration of obama and biden. manufacturing is dead, you would need a magic wand. well you don't need a magic wand. you need competence and capability. the manufacturing sector is booming. and the production index is at the highest reading since october of 18, which was an extraordinary period of time. and there we are. that's pretty good. these are numbers that nobody has seen until just recently and now they are just coming out. these are numbers that are leading, i guess stock market. the people, very smart people. i know many of them. and they're seeing things that they don't even believe. so the manufacturing sector is booming and the production index is at the highest reading in a long, long time. the economy generated over nine
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million jobs in the last three years, a record by far and 12 million more jobs than experts predicted. so there you are. you look at that. that's a record and it's a record for the quarter. we had over nine million substantially more than nine million jobs. so those are incredible numbers about our economy and how it's coming back. it's coming back very strongly. it's coming back at a level far greater than anybody anticipated. we're very proud of that. i give a lot of credit to all of our people, steve, larry. we'll be talking about it, if you have any questions on it. incident have any question on it. i didn't print those charts. who did? i don't know. we'll find that out. it wasn't us. we took those, we took those numbers from somebody. where did you get those numbers,
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harry? they're from where? >> from the bls jobs monthly jobs report through july. president trump: okay. everybody has that. the democrats have abandoned the american people over the simple subject of politics. chuck schumer and nancy pelosi are holding the american people hostage over money for their radical left-wing agenda, that the country doesn't want and won't accept. for example, they have asked for a ridiculous $3.5 billion, that's billion, $3.5 billion, for universal mail-in voting a system riddled by fraud and corruption. you look what happened with the carolyn maloney race. they should do that race over. i think her opponent is right when he is having fits about that race. when you look at the ballot, the ballots that are missing and the
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ballot fraud, nobody knows what is going on with that race, yet they declared her a western. so her opponent, i don't know what has happened over the last 24 hours, but her opponent is rightfully going a little bit crazy. and then you look at what happened in virginia where they have 500,000 applications sent out at random to people that have no idea what happened and they admitted they made a mistake and many were sent to dead people. many were sent to, a number was sent, two at least, two, three, four, were sent to dogs. one was sent to a cat. they are sent all over the place. that was in virginia in patterson, new jersey, they had a massive amount of voter fraud and it's been a disaster. paterson, new jersey, a total
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disaster. that is universal mail-in balloting. so they want $3.5 billion for universal mail-in voting in the country. where you have hundreds of millions of voters. they can't do a race with 20,000 people. they will do countrywide mail-in voting, it will be the greatest fraud in the history of elections, when you always talk about russia, russia, russia, china, iran, on voting, your biggest problem will be with the democrats, not with china, russia and iran. your biggest problem will be with the democrats. but now the democrats, they want $3.5 billion, think of it. but now that they're unwilling to approve a bill that gives all of that money, of course we would never approve an amount like that, and they also want $25 billion additional for the post office, steve. 25 billion for the post office.
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so the post office can handle this vast amount of ballots being sent at random all over the place. they have no idea where they're going. so they want 25 billion and they want, think of this, they want 3.5 billion, would you say that is enough to cover it? i think we could do it for less. i think we could do it for less. but they want 25 billion for the post office because of this. and remember the new man who is a great person a great businessman, just bottom there a little while ago. the post office has been run poorly for many, many decade. great people in the post office, incredible people but they have had very bad leadership for many years. so we'll get it straightened out but they turned down this bill because they want radical left agenda items that nobody in their right mind would approve. so they want 25 billion for the post office. they want 2.5, or 3.5 billion
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for universal mailing. the bill is not going to happen because they don't even want to talk about that, and we can't give them the ridiculous things they want. has nothing to do with the china virus. has nothing to do with china virus much of what they're asking for. so therefore they don't have the money to do the universal mail-in voting. so therefore they can't do it, i guess, right? are they doing it even though they don't have the money? they're asking for 3.5 billion. they're asking for 25 billion for the post office so they can do this and other things at 25, i would hope a lot of other things too. therefore they don't have it. they don't have the money to do the universal mail in votes, it will be the greatest rigged election in history. it will be the greatest fraud ever perpetrated other than perhaps what they did to my
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campaign where they spied on my campaign, president obama, biden and everybody else. and they got caught. let's see what happens. this will be one of the greatest frauds in history. so they're admitting that they want 3.5 billion and they're not going to do a deal that is good for the american people. therefore they're not going to get the 3.5 billion. therefore they can't do the universal mail-in vote. very simple. how are they going to do it if they don't have the money to do it? the democrats are also holding up money for schools and hospitals and small businesses and state and local governments. they tried to stop americans from getting unemployment insurance and protection from evictions which is why i took this decisive action and i did executive orders which are now in full force and effect. they are going forward. i signed a directive to provide
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a total of $400 for additional support for americans who are unemployed due to the china virus. that is $400 more than the democrats have provided. remember that, that is $400 more than the democrats have provided. nancy and chuck haven't providing anything. and remember this, president obama when we had a problem, pretty big problem, very big problem, you know what he gave? $25. he gave 25 bucks. so now they say, we want to give 500 or we want to give 600. they don't want to give. they don't want to giving in. they're not doing anything but president up obama and biden, "sleepy" joe, gave $25, 25. and they will complain, we want to give more. we're giving $400 and that's now in the works and that will be getting out to the people soon,
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steve, okay? remember that, $25 is what they gave the last time, 25. i want to make it unmistakably clear i'm protecting people from evictions. they didn't want to do that. the democrats didn't want to do a protection from evictions, people getting evicted because of the coronavirus or the china virus, whatever you want to call it, we have 20, now we're up to 21 different names. all we know it came out of china and it shouldn't have. they should have stopped it. under my executive order hud, hhs and cdc have been directed to insure renters and homeowners that they can stay safe le in their homes. they're not going to be evicted. they're not going to be evicted. and those letters have already been sent out, steve. so, you will make sure of that. i'm providing a payroll tax holiday to all americans earning
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less than 100,000 per year, meaning bigger paychecks for working families through the end of 2020. that is a tremendous amount of money that is being supplied and given to families, tremendous. the democrats didn't want to do a payroll tax. they thought it was too much money i guess or it would make businesses too successful. they don't want to see success. they certainly don't want to see it before the election. they certainly don't want to see the kind of graphs an and charts. they say with that kind of success they can't win. they have to get used to it. we've already gotten $3 trillion in stimulus. they should have probably negotiated a little bit differently. maybe they should have asked for all of this before. we got most of the money. we gave it out, a lot of it to
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the people. when we win the election, when i win the election i'm going to completely and totally forgive all deferred payroll taxes without any way, shape or form hurting social security. that money is going to come from the general fund. we're not going to touch social security. i said from day one we're going to protect social security. and we're going to protect our people. an social security is one of the things that will be protected. preexisting conditions will be protected. medicare will be protected. but social security will be totally protected under me. under them it will not be protected because we'll have a stock market crash the likes of which we've never seen. your taxes will be doubled and tripled and your regulations will go through the roof which is what was causing problems with the country in the first place.
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student loans, i signed a directive providing relief to student borrowers. not their fault that they can't go to college. i will be deferring payments on student loans at zero interest until further notice. so we're going to take care of our students. we have a lot of great students out there and they got hit like everybody else. so i will be deferring payments on student loans at 0 interest until further notice. the payroll tax, we'll be terp nating the payroll tax after i hopefully get elected, we'll be terminating the payroll tax. so that will mean, anywhere from 5,000 to even more per family. and also great for businesses and great for jobs. a lot of people will be very happy to hear that. a lot of the great, certainly conservative economists will be great -- they think that is the greatest thing we can do. that is better than the payments. that is better than anything else but it is a lot of money
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and it's going right directly to the people and it goes there very easily. but it also creates stronger companies, to employ the people. so we will be, on the assumption that i win, we are going to be terminating the payroll tax after the beginning of the new year. today, i met with parents, students, teachers and health experts to discuss the vital importance of safety and safely reopening america's schools. this evening i will out line the common sense recommendations that should guide schools as they reopen with precautions. we want to be very, very safe and very careful. so precautions in place. our strategy to safely reopen schools mirrors our approach nationwide as we race towards the competition and the completion. we're competing with others but i'm not competing with anyone.
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we just want to have the vaccine. we're dealing with other countries and we want them to do well. we're giving them whatever information they need. we're all working towards something that will happen, will happen before the end of the year, maybe substantially before but before the end of the year. therapeutics will happen likewise, even sooner. but we're looking for that responsible path forward to shelter those at highest risk will allowing those at lower risk it resume work and school, and play football, go play football. i spoke to some of the great football players, college players, trevor and a lot of great players called coach, called coach o. a lot of fantastic people i got to speak to, act lietz, leaders. they want to play football, let
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them play, let them play and they, they feel safer on the field than they do walking around doing nothing. so hopefully that will happen and hopefully when they play football they will proudly stand for the national anthem and proudly stand and respect of the the american flag. at least i'm not watching but baste on what i'm now, with respect to the nba at this point, a lot of people agree with me. so we want people, we would like to request people, you stand proudly for the flag and for the national anthem. in the months since the virus arrived we learned a great deal. while this is a dangerous and highly infectious disease it primarily affects the older segment of our population or those with chronic health
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issues. the united states has the largest nursing home and assisted living home population in the western world by far. nearly half of all of the deaths from the china virus in the united states have occurred in nursing homes and, long-term care facilities. the median age of those who succumbed to the virus is 78 years old. these findings underscore that all americans must continue to apply extreme vigilance and protecting our elderly population and those with chronic conditions. outcomes are very different for younger americans without serious health issues. tremendously different. they can often expect mild or moderate symptoms or, even no symptoms whatsoever. they have very strong emmine systems we've learned, even more so than we ever thought. in a typical year approximately five times as many americans under the age of 65 die from
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heart disease as have so far been lost to the coronavirus from the same age group. that is an interesting statistic. plus, blessedly children appear to face the lowest risk of all. it is 99.995% of all fatalities are adults. think of that, 99.95. that is extremely close to 100% of all fatalities are adults. children often have only mile symptoms and medical complications are incredibly rare, very, very rare. those that do face complications often have underlying medical conditions. in each of the last five years the flu resulted in more deaths of those under 18 in the united states than have been lost thus far to coronavirus, by far, the
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flu. the flu does kill young people. given these considerations we believe many school districts can now reopen safely provided they implement mitigation measures and health protocals to protect families, protect teachers and protect students. all families should be empowered to make the decision that is right for their own circumstances this is especially important if a child has underlying health conditions or lives with a parent or grandparent who is at a high-risk. and one of the things we would like to do is when we make payment to schools, because we spend a lot of money on schools, we would like to make the payment directly to the student or to the child and that would mean to the parents essentially but to the child. we want to follow the child so that if the school is closed the family can go to another school.
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maybe in another area but they can do it and would like to make that payment, rather than paying a school that is closed. we would rather pay directly. we're following the child, where the child goes and we want to pay the family, pay the child and then the family can take care of the cost and we're trying to get that approved too but the democrats don't like doing anything unless it means doing for the union which controls nancy and controls chuck 100%. and i have nothing wrong with the union. i have great respect, more than, very few people do i respect more than a great teacher. it's a tremendous talent. they are really underappreciated. these are phenomenal people with tremendous talent. the great ones are the most important people we have in this country but and they will be great at charter schools. and they will be great at, when
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we talk about school choice which we would like to see so that parents can take their children to the school of their choice. that is something we want. we think it is very important especially in the minority communities. they want it so badly. african-american, hispanic-american, asian-american, they want it so badly but the two people i mentioned nancy and chuck, they're totally controlled by the heads of the union. i think the teachers like us a lot. we're taking care of our teachers. we want to take care of our teachers but we cannot indefinitely stop 50 million american children from going to school and harming their mental, physical, emotional and academic development and inflicting long-term lasting damage. i heard a gentleman today, a great person, some of you were at that meeting, from harvard say that every year is $10,000.
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they lose a tremendous amount of money in the future, mentioned $10,000. and i think he was talking about on a yearly basis. they lose a lot of year every year of education that they lost. every year they gain, they gain $10,000. when you have students sitting at home playing with a computer it is not the same. that is one thing for sure. it is not the same. can never be the same as being in the classroom. we want to get our student in the classroom. the american academy of pediatrics has released guidance, recommendation that schools reopen. they said reopen. it said, quote, lengthy time away from school and associated interruption of supportive services often results in social isolation, making it difficult for schools to identify and address important learning
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deficits. the doctors, also, warned about the risk of increased abuse, substance abuse, depression, and suicide. suicide. the national education association recently stated despite the momentous efforts of educators during the pandemic online learning has never been an effective replacement for in-person learning and support. so when you sit at home in a basement looking at a computer your brain starts to wither away we have a lot of good experience at that just by taking a look at what is happening in politics. studies estimate that school closures last spring caused the average student to fall 50% behind in math and roughly 35% in reading compared to a typical year. think of that.
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caused the average student to fall 50% behind in math and 35% in reading compared to being at the school, being with the teachers. being in a classroom. we learned that. we learned learning from a laptop is not great and frankly we have also learned that telehealth, a little unrelated, but it is up 35,000% and it has been incredible. 35,000 percent. we'll check that number, larry but that is incredible. people staying home and telehealth. that has been a tremendous success. we've learned those two things during this period of time with the, with the plague, with the plague coming in and those are two things we know. school closures harm low income students the most because they have less access to high quality remote learning. they don't have computers. and less resources for academic
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support. all schools should be making plans to resume in-person classes as soon as possible. to support the reopening of america's schools we provided $13 billion in elementary and secondary schools towards the cares act and cares act funding. we're giving cares act funding. the have majority of which remain available for states to use. so tremendous amount of money, $13 billion, that's the cares act funding and we're giving a large portion of that for states to use. today i'm pleased to announce that we will provide up to 125 million reusable masks to various school districts all around the country. my administration also stands ready to deploy cdc teams to support schools that are opening
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and schools that need help and safety in order to safely reopening. finally today my administration is highlighting general recommendations for all schools and guidance to protect high-risk teachers and students. we're working very, very closely with many of the schools and school districts throughout the country. they include the following, to insure all students, teachers, and staff understand the symptoms of the china virus. require all students, teachers and staff to self-assess their health every morning before coming to school. encourage frequent hand washing or hand sanitizes during the school day. beginning upon entrance to school and insuring that hand-washing facilities are widely available throughout the school. and for the most part schools have been very good at that. minimize large indoor gatherings. hold large gatherings outdoors
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whenever possible. maintain high standards of hygiene and ventilation within the classrooms, including keeping windows and doors open whenever possible and running fans and air-conditioning units whenever possible. require students, teachers and staff to socially distance around high-risk individuals. and socially distance, whenever possible in any event. encourage the use of masks when social distancing is not possible. post instructions regarding hygiene and social distancing all over the school and all around the school. we encourage schools to adopt these measures. we've been working with so many of them and, to the best of my knowledge virtually everyone of them agrees to do that. while we're also providing high-risk teachers and students options to engage in distance
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teaching or learning. we're working on that also. college-age students also continue to be one of the lowest risk demographics. more than 99.8% of the deaths from this horrible disease, the invisible enemy we call it, occur in people over 24 years of age. think of that, 99.8% occur in people over 24 years of age. for this reason, it kobe safer for them to live at a school rather than live with their older parents or grandparents. you got to go to school. you got to open up, open up our schools and open up our businesses and a lot has been opened but we can do better. as we move forward the number of cases is not by any means the most important metric to focus on because the fact is we have
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more cases because we have far more testing than any country in the world. there is no country that is even close. we've done more testing and better testing than any country. many of these countries that the media was putting up as a shining example of success, they're right now in massive outbreaks. you see what is going on in many of the countries that you constantly mention. far more important is who the virus is infecting. that's why our strategy and attention, are focused on preventing the cases that are most likely to require hospitalization or result in death. those that afflict the elderly and those with certain underlying health conditions all the while acting to prevent hospital overcrowding. if you look at some of the states that mad a flare-up recently. they're all doing very well. florida is going down rapidly. i want to give a lot of credit to the governors. florida it is going down.
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arizona is going down, way down. they have done a fantastic job. california as you know is going down. many other locations are doing very well. many locations are really in fantastic shape. some with very little if any problem. large portions of the united states. those advocating fora never ending blanket nationwide lockdown have no answer for what it would do to the mental, physical and social health of, of american children and people. this includes parents where they have to stay home with their children because, and they lose their work and they lose their job because their children isn't in school. they have to have somebody to take care of it. they want to take care of their child. they don't trust people. as society must put the health
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and safety of our children first. a man who has the respect of everybody, he is highly respected, by me and anybody on this subject. he is the expert, dr. scott atlas is here from stanford. he has been working with us for a period of time and i thought it would be great. he was saying things to me the other day, i said it would be great if you tell that to the media. so this is the first time i've shared the platform and it is an honor to do so. scott is truly a, is a brilliant man. he is a wonderful man and he cares about the subject very much. and i would like to ask scott to come up please and say a few words. thank you, scott. >> thank you, mr. president. obviously a great honor to be here and a great honor to serve this president whose really focused on the very important parts of the pandemic and, i'm
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new here. i'm just sort of getting involved but i want to thank you and the vice president and the entire team, the task force team. all the people who are not very visible really, for working so hard. these people are working 24/7 and it is quite amazing. and i think that today we had a fantastic event that i will just mention on opening the schools because the president's priority is to open the schools and open them safely and have parents have the options to use open schools or do whatever they can to eventually get back to open schools, including any kind of hybrid or other arrangement they may want to do. it is a great event. we had a group of fantastic parents, teachers, medical experts and it went very well. and so i won't spend a lot of time up here but thank you very much and i hope i can help out in some way.
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thank you. president trump: thank you. reporter: mentioned executive orders that you signed. are we now unlikely to see anymore stimulus legislation before the election? president trump: we're giving $400. and we are in constant touch with governors also who, they will be making perhaps a contribution. they have options. they can do it or they don't have to do it. i think most of them will do it. we're also doing a payroll tax cut which is a massive number. that is a very big number. and that's a number that is bigger than any of the numbers we talked about and the beauty of that it really incentivizes companies and because it is both company cut and a, a employee cut. so that much really, very much incentivizes people to go back to work and work hard and the company to hire people back and we've had some of the great economic minds saying that's the
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most important cut, that would be the best cut you could do. we couldn't even get the democrats to think about agreeing to it. it is not the democrat way i guess because it just seems that whether it's larry kudlow or any of your many friends, that is the one they wanted the most, would you say, larry? so we're doing that. that was never even really discussed because that was taken off the table by the democrats immediately. this is every week. every week you get a check or month or biweekly this is a major amount of money that you're getting directly. so it's really, you know it is a very big number. it's a very substantial number. this is, don't forget, this is in addition to the $400. and this is a big number. and now at the end of the year, the assumption that i win, i'm going to terminate the payroll tax, which of is another thing that some much the great economists would like to see
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done. we'll be paying into social security through the general fund and, it works out very nicely. if biden would win he wouldn't do that because he is going to double and triple everybody's taxes. he is going to have to explain that one. and as you know is also going to quadruple regulations. he wants to put regulations on. one of the reasons we had the kind of numbers an big bounces that you've seen, i mean we closed it up. we saved millions of lives. and we opened it, we bounced right back where we were. it looks like we'll be bouncing back where we were, but one of the reasons is because we cut so many horrible regulations and biden, with his new partner kamala, will, if you think, he is going to put it all back but many times more. they want to increase regulations. that is just going to drive companies out and it is going to drive people out. it is going to drive them to
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other countries and it will make us not competitive with other countries. please? reporter: thank you, mr. president. highlight kind of off situation. the last hour or so you google googleed -- [inaudible]. take you straight to joe biden's website. official campaign website. odd situation. we don't know who is behind that. but it raises an interesting question. should joe biden's democrat party, kamala harris, should they denounce antifa as a domestic terrorist organization? >> they should. i think they are afraid to. it's, in my book, it is virtually a part of their campaign, antifa. the democrats act, gee, i have don't know what that is. take a look at portland. take a look at any place you want to look at. they are all over the place. they are here. we have put on a 10-year prison
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sentence if you knocked down any statues two months ago. since then we haven't seen much of them. we had to send border security. we actually sent home lan and border and different forms of homeland to portland in order to, you know what we had to do. we had to save -- they have wanted to knock down a courthouse a 500 million-dollar courthouse, they wanted to burn it down, knock it down. and they were easily able to defend but the mayor and the governor of the state, they didn't want to do that and we actually sent our people there and they did a great job. they did it easily. but in the meantime they went to other parts of the city and they're doing damage and we're recommending to the governor that they call in the national security, call in the national guard. we're willing to get, we would stop that problem in one hour. we sent just defensive measures to protect and save that courthouse from being burned
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down or knocked down. we also saved a couple of other buildings, federal buildings because they were unable to do the job. i have to say this, they have really good police. they have a great group of people, that if they would be allowed to do their job, same with chicago, same with new york, and a couple of other cities, if they allowed, in chicago 25,000 police and they are really good but they're not allowed to do their job. in new york you have new york's finest but they have totally taken away their incentive. they have taken away their lives in a sense because they don't allow them to do their job. they could do that job so easily, you wouldn't have a problem in new york. an that include with terrorism and everything else. they disbanded, they cut by one billion dollars their budget in new york, one billion dollars. and crime is up by 200%, 250%, depends on what week you're looking at. it's crazy what you're going on
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in new york. we could solve that problem easily but we don't have to because they should be able to do it themselves but they have to give, they have to give the honor back, it is an honor. they have to give the honor back to their law enforcement groups. new york is great. so is chicago. and in portland they could do the job, if they don't want to do that we would send in gladly if they want, the national guard. we'll take care of it in one hour. it will go very quickly. as we did, by the way, if you take a look in minneapolis, when they were burning down minneapolis, a wonderful place but nobody has ever seen anything like it. after days the very liberal mayor, these are all run by liberal democrats. every place i talk about is run because we have great cities. they're run by republicans, okay. you know, there is no magic to it. it is obvious what is going on. and the cities that i mentioned
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are all run by liberal, very liberal democrats and it is very sad when you see what's happening to new york. it is very sad what you see what's happening to other cities, not just those three. other cities. when you look at what's happening it is not even, not even believable. i left new york almost four years ago. you could see signs of problems because de blasio was there. he is a horrific mayor, just horrific. people don't want to go there anymore. he is not only is it bad with crime, the way he talks about the city and what he does. he is horrific and when i see that it is a very sad thing. i left. almost four years ago, right? and, you know, when i look to see what is happening to a city that i love, that still has great potential, but it is going to have to be brought back because what happened in
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new york is, it's not even believable. what's happening in chicago where one weekend you have 78 people shot and 18 die? in a weekend. and then successive weekend you have so much of that happening and it's not even, it is really not even believable. and if you let democrats run this country and we've stopped it from going other places. if you let democrats run this country, you will have all of your cities be just like that. reporter: thank you, mr. president. heads of boston and dallas fed today said that the economy hasn't recovered strong enough because the country hasn't contained virus. what is your response to them? what does that argue for a stronger federal response? president trump: well look, you just saw it. other countries we're doing much better than all other major
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countries, pier countries this chart came out, it is that kind of a question, wise guy questions because i just went over the whole thing. we're doing better than almost everyone with the economy and i think we're, we're, we face a headwind because democrats perhaps for political reasons don't want to open up their states. and that is having a huge toll. that is taking a huge toll on people within those states. when you look at north carolina, you have a man doesn't want to open it up. you look at michigan, you look at some states, i mean they just want to keep these people in, in their houses, in their prisons. they call them prisons. and, i think, a lot of it is for political reasons because they want to as bad as possible on november 3rd. i don't think it is going to matter because we're doing so well in some ways. as far as the plague is concerned, when you look at numbers, take a look what is
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going on now with other countries, they're having flareups that are very, very substantial and we've done very well. we're helping a lot of those countries. those were model countries that you used to talk about and say how well they were doing except they just exploded. they just had very big flareups. you understand that. now we're doing very well. and i don't have to show you the charts again but those charts are at a level that nobody even thought possible. i think we're going to have a fantastic third quarter. i think next year will be one of the strongest years we have had. this is with california being closed down. this is where north carolina and michigan and tremendous states, great states, are being closed by, the reasons i think that scott would tell you, you disagrowth with, right? you disagrowth disagree with.
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we spent a great amount of time opening up our country. we have to protect our elderly people, especially our elderly people that are not well. we have to protect them but we understand it, we understand it well. we learned a lot. we'll have the vaccine soon. we'll have the therapeutics soon. it will come out very soon and, we're very proud of the people, and the job they have done, please. yeah, please. reporter: mr. president, joe biden, kamala harris appeared at their first campaign event before you got to the podium. can you tell us if you watched their remarks and give us your reaction. president trump: i didn't watch. i watched a moment of him speaking and a moment of her speaking. look, he made a choice. he picked her. i watched her poll numbers go boom, boom, boom down to almost nothing. she left angry. she left mad. there was nobody more insulting to biden than she was. she said horrible things about
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him including accusations made about him by a woman where she, i guess believed the woman and now all of sudden she is running to be vice president saying how wonderful he is. i have thought it was a very unusual pick because she said such bad things. you know better than anybody what, you won't write it because you don't want to do that but you know better than anybody. she said horrible things about him. horrible things. and she mocked him, openly mocked him. that is why i thought that was a very risky pick. i'm sure that will be played back, not necessarily by me but others. it will be played back. the other thing, if you look, she want as 3 trillion-dollar tax hike. no fracking. how do you think no practicing in pennsylvania is going to play? that is a big fracking state. if you didn't have energy produced that way, you would
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have taxes that would triple and you would have unemployment that you wouldn't believe. pennsylvania last year had the best year they have ever had. texas last year had the best year they ever had. oklahoma, best year. almost every state in our nation last year, had the best nation they ever had. they will have that again next year. you can see that by -- but think of it she wants no fossil fuels, no fossil fuels. really? tell that to texas. then i hear trump is only one point up in texas. they said the same thing with "crooked hillary" clinton. they said texas is in play. trump is down in texas. then i won texas immediately when they said the polls are closed, trump has won texas. i won by a lot and i won georgia by a lot. same thing over. almost like a duplication of what happened before except we have much more energy now than we ever did in 2016. and we had a lot.
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we had record amounts in 2016 but you, you take a look at the tax cuts, we fav the biggest tax cut in history of our country and the biggest regulation cuts in the history of our country by far, all right? he wants to increase everybody's taxes and she is one of the people that wants that. i mean you take a look at that, she wants to defund or at least substantially reduce money going to police departments and, you can't do that. you can't do that. that actually has to be the opposite. i've been endorsed by some police departments. i'm getting a really good one this week, that you will be seeing, really big, really good. but who could ever, what police department, what law enforcement group could ever support joe biden? where he said things that are so bad and sew foolish. strangely so stupid in terms of, in terms of crime and what would
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happen. so we're getting all of law enforcement. we're getting military. she wants to spend much less on our military. i rebuilt the military. we have the strongest military now. much of the equipment coming in all made in the united states. $2.5 trillion we spent. when i took over we had a military that was totally, it was in terrible, terrible shape. it was depleted. it was a depleted military. old planes. old tanks. old everything. and we have a beautiful, brand new military. with the best people in the world. we never had anything like it. some of the equipment is still coming in. no, we have, we've done a real job and i think we're going to be extremely successful. i was surprised he picked her, very surprised because of the horrible way she talked about him. frankly because she dropped like a rock. i didn't, when i ran. i ran against 17 people, mostly
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governors and senators, some others. ben carson was very strong, very good. a couple of others but mostly governors. mostly senators. and i ran. and i went up. she ran and she went down to rock bottom. i don't think she ever got to run her first, to take a vote in her first, in the first state. and generally speaking you don't want to pick somebody that went down. she went down but she went down in a very terrible way and she said horrible things about biden. she said far worse about biden than i ever did. and now she is running as vice president. so how does that work? please? in the back. reporter: mr. president, thanks for taking my question. you might have any words of encouragement for middle schoolers or high schoolers starting the school year strictly online, might be frustrated, wondering how they will get through the next quarter, missing their friends
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and teachers? words of encouragement for them? president trump: such a fair question. such a good question. you hear what i was saying. what scott will be involved, he will talk to you over next couple days, what he is saying from great experience. i feel very badly for them. i have a feeling on november 4th, somebody will announce schools are open. the country's open. everything is open. i really believe a lot is down for political reasons. if you want to know the truth. i think so. but you're right, online is not the same as being in the classroom. that has been proven. it has been proven loud and clear. yeah, any other questions? please. reporter: thank you, mr. president. you have warned several times if joe biden is elected president there will be an invasion in suburban neighborhoods. that is expressed in a tweet this morning. what do you mean by invasion? >> what i mean people are going
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to become, they are going to be opening areas of your neighborhood, which they're now doing, they want to expand it, they will expand it, if for any reason, they will my opinion destroy suburbia. just so you understand, 30% plus of the people living in suburbia are minorities. african-american, asian-american, hispanic-american. they're minorities. 30%. the number is even higher. they say 35 but i like to cut it a little bit lower. you know why? that way i can never get myself in too much trouble with the fake news. but 30% plus are minorities. living in suburbia. when they go in and they want to change zoning so that you have lots of problems, where they want to build low-income housing, you want something where people can aspire to be there. not something where it gets hurt badly. and that's what happens. so with suburban women, suburban
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men, i think they feel very strongly about what i'm doing. it's a very, i mean it's a very fair question. it's a very important question. but they fought all their lives to be there then all of a sudden they have something happen that changes their life and changes what they fought for, for some years. john, please. reporter: two quick ones if we could, mr. president. i know you were briefed on it. have you decided where you're going to give your acceptance speech yet? president trump: we're looking at gettysburg. magnificent site. i've been there a number of times. we're looking at the white house. i would say it is really down to those two. the white house would be much easier from the standpoint of secret service and you know the movement of hundreds of people as you know. reporter: which way are you leaning? president trump: i would love them both. we love gettysburg. simpler would be magnificent.
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the white house is the white house. gettysburg is one of the great historic sites in our country. as far as i'm concerned of the world. so one of those two. i will probably announce it over the next week or so. reporter: question about payroll taxes. if you permanent rescind the payroll tax, how do you pay for social security? president trump: we're taking it out of the general fund. reporter: that would be a huge deficit. president trump: what we'll be doing, if we do that, we will get it approved by congress and we'll take the money from other places other than, we will not take it from social security. in any way, shape or form. reporter: how do you fund it from the general fund when the general fund just incurred a debt of $2.8 trillion? president trump: you're right. we'll have tremendous growth. we're going to have tremendous growth. next year, unless somebody comes in who doesn't know what they're doing, start raising taxes forcing everybody to leave the country or leave their jobs and companies to close, we will have tremendous growth. you will see growth like you haven't seen in a long time.
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okay. reporter: mr. president sentence you didn't see kamala kamala harris' remarks, your refusal to get testing up and running, flip from flopping on social distancing and mask and your delusional belief that you know better than the experts all of that in her words are reasons that one american dies of covid-19 every minute. what do you think of that? president trump: i think that is one of reasons she was a terrible candidate and was forced to leave the race. she got her facts wrong. she is very wrong on facts. so youd into we've done more testing than any other country in the world so far. include india with 1.5 billion people. that includes china.
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that includes every country in the world. we have done more testing. we have better testing than any country in the world. they call, where do we get it how do we get it. we have better testing than any country in the world. as you do testing as you understand, you develop more cases, when you test 65 million people, what you've done, when you test that many people you're going to find cases that normally you wouldn't see. if you go to mexico and you go to other countries you will see they do almost no testing. they test if somebody is not feeling. they test if somebody is symptomatic. they test very little. they test very little. we've done more testing than anybody in the world. we've done the best job than any country in the world, that include making ventilators nobody else could have done. we're the ventilator king much the world. we're supplying the whole world in a few short months with ventilators very hard to produce, very expensive, very complex, very delicate.
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very, very important. we've done a great job. then on top much that when you look at the numbers how we were impacted less than these other countries, and now you look at the explosion much countries that you would have said did such a good job, and some of them had advantages over us for obvious reasons having to do with the pandemic, but when you look at the job that we've done compared to others, we've done a great job. and she, i read today that she is very short on facts. she, i think she is going to be a big failure. i look forward to the debate between her and mike pence because i think he will do even better against her than he did against senator kaine which was a total wipeout. we'll see how it works out. all right, one more. reporter: thank you very much. president trump: [inaudible] reporter: thank you, what do you say to those critics who argue so distrust in democracy, deliberately trying to sabotage
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the post office, undermining -- president trump: i say the democrats are sabotaging the post office because they're not approving $25 billion that was requested. they're sabotaging the post office. they're not allowing the posts office to function properly. and they're certainly not allowing universal mail in votes when they do that but equally importantly, they're not allowing $3.5 billion in funds to do voting they would like to do. therefore all of this, all of the tremendous mistakes that were made with regard to mail-in voting all of these tremendous mistakes, you can't even, you can't even do it. i would imagine the courts, you know this is in many courts right now. they're showing all of the disasters taken place just in the last short period of time, the last two months, with respect to universal mail-in voting. it is just like a total catastrophe what's happening. and we can't let that happen. go ahead, real fast. go ahead. reporter: you had --
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[inaudible] economics of covid but deaths in america are still going up whereas in europe right now zero deaths in uk, zero deaths in france. president trump: what is going up are cases. if you look at cases. the cases are going up because we do so much testing and we find it. and i call it fake media gold because we do so much more testing than any other country and when you do all that testing, you find cases. go ahead, steve, real quick. reporter: on trade, you have the trade talk with china going on. is it possible you would pull out of the trade deal with china if they're not meeting their commitment? president trump: we're taking a lot of money from china on the last year-and-a-half. that no other president has taken in. we've done things to china nobody else has done to china even thought of doing it. we're 25% tariffs and taking in billions and billions. elizabeth: i'm elizabeth macdonald. we have to close out the show. you watching the president holding about an hour long press conference on "the evening edit" on fox business. thank you for joining us.
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we'll have more headlines for you tomorrow night as we continue to stay on the major news of the day. we hope you have a good evening. thank you so much for joining us. ♪ >> they're cars you never heard of. >> he liked to buy unique cars -- kissels, grahams, overlands. he always used to say, "i don't want to meet myself on the road." >> it's a great hobby. keeps you out of the beer joints. >> do you have your foot on the brake, teacher? just in case? >> i haven't jumped out yet. >> these heirs hit a fork in the road... >> so that is a point of contention. do you donate cars here? do you have an auction? >> it's really tough to get every sibling on the same page. >> yeah, i'd say we're no different. >> ...until they hear an emotional voice from the past. >> when we go by his gravesite, he's probably on high spin mode up there. >> it's just money. can't take it with you.

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