tv Cavuto Coast to Coast FOX Business April 26, 2021 12:00pm-2:00pm EDT
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the answer is a dog. the dog's name was lika, she made a orbit tall spaceflight on sputnik's 2, this launch was, amazing way back in 1957. who was the world's first astronaut? uy who was the first woman in space. brian in for neil. brian: thank you, stuart. thanks for sharing all that wonderful knowledge you have. stuart: thank you. brian: i'm brian babin in for neil cavuto on. women will be slow to come back to work.
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we'll dig into the issues. what top medical officials are saying about the risk of spreading coronavirus while outside. virginia planning to overhaul math class with a equity focused approach. why outraged parents are saying this just isn't adding up. a story we're following closely a huge week for the economy and the markets. president biden will unveil new tax increase this is week. the white house, lawmakers are racing for a bitter fight as the president approaches 100 days in office. fox news blake burman is live from the white house. reporter: we expect to hear from president biden on wednesday as he gives the joint address before congress, he lays out the american family plan. the sales pitch for that plan begins at that point. the planning include as focus on child care, on education. to pay for it the administration is signaling it will include raising taxes on the wealthiest.
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it comes simultaneously as we know the president and democrats and republicans here in washington are trying to negotiate a infrastructure package, one which the president sees a 2 trillion-dollar price tag among that. there is debate among democrats exactly how big some of these packages should be. for example, joe manchin viewed it as a possible key vote in the senate, think as infrastructure plan should be more targeted. >> the human infrastructure is something we're very much concerned about. when you think about all we have done in the past year and plus the covid bill this year, the american rescue plan, an awful lot has been done there too. we have to see the effects. >> just to be clear, sounds like you're supporting a smaller package what you deem -- >> more targeted. reporter: more targeted he says. while republicans here in washington say that they are going to essentially push back on anything that they view as
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harmful to business and business owners. >> we don't want to go back to bad ol' days of the last time the biden was in white house when we saw hundreds if not thousands of businesses moving their jobs and manufacturing and headquarters overseas. that is a huge step backward. i think the more lawmakers understand the impact here, the more gains we make and i will tell you this, we're going to fight it tooth and nail in the house of representatives. reporter: brian, back to that proposed american families plan we still do not have the details exactly what may be in it or not in it and what the tax brackets on the individual side might look like but there are some democrats here in washington who are pushing beyond education and beyond child care as they are also hoping that the president expands medicaid as a part of that package. brian. brian: blake, thank you.
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the overall economy is coming back as the economy reopens but women in the work place are at risk of not coming back. fox news lydia hu has the details. reporter: the workforce is down 1.9 million women who left jobs. women participation the lowest level since 1988. while the biden administration's 2 trillion-dollar infrastructure proposal will reportedly create millions of jobs there is concern that the jobs that we generated in historically male-dominated fields like transportation, manufacturing, housing which won't boost women in the work place. now the administration is expected to propose another one trillion dollars in the care giving economy later this week. details we don't know exactly what they are to include. we expect there could be some programs that would include free free pre-k for 4-year-olds and child care workers. critics say more spending is not the answer to help women
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particularly calls for increasing wages that pay for child care. listen. >> parents overwhelmingly want at home care. when government starts focusing on throwing money at new child care facilities, often it is the kind of child care facilities that people want the least. it is big government institutions that closed their doors, have not returned and really failed parents, particularly those with lower incomes. reporter: critics say the main issue preventing women to work are the lingering school closures. according to education week only 10 states ordered schools reopen for some form of in-person learning including texas, florida, washington state. most states have no order in effect leaving the decision of reopening to local districts. some argue reopening schools, sending kids back will do more to help parents and women returning to the workplace than spending trillions of dollars. brian. brian: thank you, lydia.
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we have more on how a hybrid work model could be worse for women in the workforce. stay tuned for that. now this, bracing for more taxes. republican senator rand paul is warning of a risk to the market if president biden's capital-gains tax increase becomes a reality. >> even more worrisome than raising the corporate tax is actually doubling the capital gains tax. if you make capital gains tax upwards of 40%. there is real risk you're going to see a significant market reaction to this. brian: markets tank on all the tax hikes that would hit pensions and 401(k)s. get reaction from market watcher shana sissell and jonathan hoenig. great to see you both. shana, i want to start with you. you heard senator paul's reaction to these tax hikes. do you see markets reacting as he seems to fear they might? >> i do and i think there is some nuance here, right? if you look back historically,
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raising the capital gains tax had a minimal but definitely had an impact on markets because people tend to sell ahead of it, depending how much time there is. there is some areas three years ahead and so there was no reaction but in this case i think there will be a reaction for a couple reasons. number one, a lot of people have big gains in this market and they will want to realize them before these tax hikes because, inevitably they're going to want to save that money. number two, the size of this increase is substantial. it would mark the highest capital-gains tax ever in the united states. so those two things i think will cause the market reaction. now will it have long term impact? unlikely. but i do think you will see, especially towards the end of this year a sell-off in the market that will impact anybody who is invested. >> brian it, will have a long-term impact. i think it is tax on the rich
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are truly ignorant about economics, brian. economics is all about the second and third level effects. capital gains as mentioned will be the highest capital gains tax ever, it is really, a double tax but it is a hidden tax. it is actually a tax on people who do not own stocks because it's a tax on wealth creation. what you don't see is all the hidden innovation, all the job creation, all the raises that people do not get because more money is going to washington to squander and on cockamamie green energy projects people don't want than into quality businesses hiring producing jobs. brian: jonathan, i was going to ask you, is the dumbest tax as the "wall street journal" editorial board, you took the words out of their mouth and said it. shana, jonathan says this as a long-term effect. investors are surprisingly interested in this capital-gains tax issue, younger investors who
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got into the market in ways we've never seen before. do you think, shana, this is going to really cause a stir among younger investors, potentially get them to pay attention to politics and policy a little bit more because they're watching potential gains of their investments get eaten up by this tax hike? >> i do. let me just address something that was said. yes, if you look back at times where capital gains rates were increased it does stifle innovation. i'm talking about strictly the market. historically there really isn't any evidence that a capital gains increase has a long-term impact on equity impact t has a short-term impact but innovation does get stifled. in terms of the younger folks they're already seeing this. there are so many stories out there about people who invested in robinhood, made a ton of money, get stuck with a huge tax bill. that will only become more pervasive. i think they will start to pay attention to politics. will it change their leanings? i don't know but i know personally when i was younger it
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wasn't until my taxes started increasing and then i was getting bills, instead of refunds from the taxman that i started paying attention to politics. brian: when you see a tax bite in your paycheck all of sudden you start to care a little bit more. let me go to this. a group of 40 democrats are pressuring president biden making unemployment benefits permanent at a time we're facing a worker shortage. jonathan, you teed off on that last issue. i want to give you this one. small businesses are complaining how hard it is to find workers to fill jobs. now we're talking about permanent unemployment benefits? what do you say? >> you tax something, you get less of it. you tax investments you will get less investments. you subsidize something, like unemployment, you're going to get more -- again all these interventions, brian, into the marketplace, government, our elected officials like to consider them to be health, sir stance. they're actually long-term
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detriments to the economy. in fact look back to 2008. all that stimulus, all that intervention, what did it create? that was the slowest recovery in the modern era. japan has been doing this for 30 years. government needs to get out of the way in taxes regulation. democrats and biden proposing opposite remedy what we need. brian: shana, from my perspective we got the relief bills, talked about temporary measures. they're only here for crisis. they're only here for a little while. we're starting to see the dominoes fall now. now we're talking about expanding this indefinitely. to me that is the long-term issue when it comes to investment, shana, we start to change the rules in ways make it harder to hire, make it harder to invest. your thoughts? >> i agree wholeheartedly. the shortage of workers has to do with shortage of skilled workers in specific areas of economy booming, health care,
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technology and the trades. a better idea would be to provide some sort of training for those unemployed to take advantage of these highly lucrative careers in skilled areas but that is not what's going to happen. as it pointed out you subsidize something you create more of it. the problem people get used to these things. then they want more of these things. it becomes almost like a drug in the government gets high on it, having more and more control saying what they're doing for their people and so yeah, it is very troubling. i'm very concerned about the long term impact of where our government is going with control over people and subsidies. brian: shana, jonathan, great conversation. don't go anywhere. we'll come back to you in a little bit more for additional discussion. still ahead, border officials now battling a big uptick in human smuggling and vehicle chases. we'll have a live report from the rio grande valley when we
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♪. >> look, they don't want to fix this. this is by design. so you know, they're not going to fix this at all. what is happening on the border right now, i'm sick and tired, personally, i'm disappointed at the polls. the polls should be 100% against biden because president trump had border numbers at historic low. brian: former acting i.c.e. director tom homan surprised that more people aren't worried about biden's border policies a new "fox news poll" shows almost half the country thinks border security is worse under president biden than it was under the previous administration. let's go to casey stegall live in laredo, texas, as migrant numbers are continuing to rise at rapid rates. reporter: in fact, brian, they are and the data shows us that more migrants have been apprehended so far this year than all of 2020 combined. more than 570,000 arrests thus
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far and yet, again, we're seeing it out here with our own eyes. just this morning here at my camera position, we saw three migrants emerge from the brush along the banks of the rio grande river. then turn themselves over to agents. and, a new problem as well, becoming more prevalent for ranchers and people who own property alearning the border. dead bodies are increasingly turning up on their land. migrants who are left behind and succumb to the elements. >> it is just a terrible situation for these ranchers because, you know, they don't want to deal with this stuff. you don't want to find these things on, find people dead on your place. that is just, not a, not something you think you come across in america. reporter: and look at this. more troubling video coming to us from cpb in california.
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night vision capturing a snuggler tossing a rope over a 30-foot wall. then lowering two adults and two small kids right there on to the u.s. side. as of right now, the latest data from hhs, the department of health and human services shows that there are now more than 20,000 migrant kids in u.s. custody. brian? brian: stunning footage. thank you, casey stegall at the border. vice president kamala harris blaming the trump administration for conditions at the southern border. listen. >> we're working on the plan to get there. we have to deal with covid issues but i can't get there soon enough in terms of personally getting there. we are a neighbor in the western hemisphere and it is also about understanding that we have the capacity to actually get in there, if we are consistent. part of the problem is that under the previous administration they pulled out, essentially. a lot of what had been the
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continuum of work and it essentially came to a standstill brian: let's get former acting dhs secretary chad wolf. thank you, sir for joining us today. i want to go right to the vice president's quote. she said, i can't get there soon enough. that sounds like a total head scratcher to most people who are wondering why in the world she hasn't been there yet. can you explain that? >> well unfortunately i can't. obviously the vice president and or the president are both need to be down on the southern border understanding the crisis, challenges and concerns that is going on there, not only from a law enforcement rand border patrol standpoint but also from communities and others that live along the border. law enforcement dealing with the influx, the historic influx, numbers of individuals crossing that border a day and results of that illegal crossing. and to not go there, not understand it, to see it first-hand is doing a disservice to the men and women serving at
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the department of homeland security that are risking their lives every single day to address these historic numbers. when she says there is covid issues i'm not even sure what she is referring to. if she is referring that it is not safe for her to go down there for covid related issues, think about the law enforcement, men and women of the border patrol dealing with that, working working with that every singling day. that is affront for the work they do to that type of comment. brian: chad, you on the one hand don't see her, don't see the president going to the border. on the other hand they talk about summits and meetings to address climate change in northerntry -- northerntry angle issues. you have to see the juxtaposition, not going to the border, putting intention on the golden triangle countries that is frustrating to people trying to make sense of the policy we
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have on the border right now. >> of course it is frustrating. the men and women know that. there is a loss of confidence both at the department and at the white house in their ability to lead and to solve this crisis. i think it is okay to talk about the northern triangle about. talk about the root causes of migration. we know that is a multiyear process that has been on going in the biden administration, the trump administration. sorry the obama administration, trump administration, we have been dealing with this, addressing those causes for some time. until you enforce the law at the border, it doesn't matter what type of programs they have in the country, if they see the border is open, they have the ability to get here, remain in the u.s., they will keep coming. it is not rocket science. they need to enforce the law on the border. brian: chad, at what point do you see the biden administration, if ever, moving back towards some policies we saw under the trump administration? is there a chance out of common sense and need to do something that they might actually move back to some of the policies that they an doned at the out --
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abandoned at the outset of the administration? >> i though there is because at the end of the day we need to protect the country, protect the homeland, make sure men and women of border patrol need to stay safe. their job is incredibly difficult, and will remain difficult in the months to come, unless the administration puts into real life, policies and procedures that address the flow and stop treating this crisis as capacity issue where they try to find more and more facilities. they throw more and more money at it. you will continue to have the incredibly high numbers until you address the illegality what is going on and treat that illegality with -- [inaudible]. brian: i think we've got a frozen feed there, chad. really appreciate your thoughts today. thank you so much for all of that. still ahead on keyes to coast, wearing a mask outdoors may soon be a thing of the past.
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become an agent of innovation with invesco qqq ♪. brian: welcome back to "coast to coast." believe it or not dr. anthony fauci now acknowledging the risk of spreading covid-19 outdoors remains low. bryan llenas has the latest from brooklyn when we could hear from the white house and the cdc on all of this. bryan? reporter: brian, good afternoon, look the cdc guidance currently says masks should be worn in all public settings but yesterday dr. anthony fauci did acknowledge he expects the cdc guidance to change particularly with outdoor mask wearing.
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when? we don't know but should be soon. he says it is based on data that shows the risk is low. listen. >> it is pretty common sense, outdoor risk is really quite low, particularly if you were a vaccinated person, wearing a mask outdoors, i mean obviously the risk is miniscule. reporter: meanwhile the president of the european commission says that the european union will welcome back fully vaccinated american tourists this summer, starting today, for instance, greece is welcoming tourists back with a negative test or vaccination. 56% of adults have received one vaccine dose. 36%, more than 90 million adults are fully vaccinated. however cdc date obtained by "the new york times" show that five million americans have skipped the second covid-19 vaccine dose for various reasons
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including fear of some of the side-effects feeling sufficiently protected with that one dose. meanwhile a 11-day pause on that johnson & johnson vaccine has been lifted after a safety review found the benefits of that single shot outweigh the risk of developing a rare blood clot that affected 15 people out of millions. still "fox news" polling finds one in five american voters say they will not get the covid-19 vaccine. the number one reason is, brian, they fear that the development was rushed. and one more thing, dr. fauci said he believed the pause in the j&j vaccine helped boost confidence in people's trust in the vaccine but current polling fewer than one in four americans that are unvaccinated say they will not get the johnson & johnson vaccine. polling not showing what
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dr. fauci is saying there. brian: brian, thank you for that. let's bring our wonderful panelists for the hour, jonathan hoenig and shana sissell. jonathan, this sounds like good news to me although it seems like a lot of america has already drawn the conclusion and dr. fauci is coming in a little bit late. what do you say? >> it is important for dr. fauci to acknowledge this, brian, it was never really the flu, the pandemic hurt the economy t was always the government response driven by supposedly the science but driven by men and women like dr. fauci. so what was the result? forcibly close businesses. all those mask requirements as you said, basically confine people to their homes. so of course the economy suffered, it suffered quite significantly. pretty interesting back in 1918 with the spanish flu, none of those requirements, the stock market didn't dip 10%. the economy suffered to the extent government inundated all
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the requirements. coming out of the pandemic, coming out of the flu, the more you see requirements lessen, the more the government gets out of the way, the more you see the economy finally bounce back. brian: shana, dr. fauci says pausing the j&j vaccine inspired confidence in people. do you agree with him on that? >> not necessarily. statistically speaking there is one in a million chance, and risks which is same with any vacs -- vaccination. you seen the ads with two minutes on the side effects included. this is not uncommon. it didn't help as people are more concerned. people who shouldn't be. this didn't affect men ad all. it only affect ad small group of women in a certain group. they still haven't given out all the information and it would be helpful if they came on to talk about these very things.
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now it looks like fear and i don't think that it is necessarily helped people who were hesitant to get vaccinated before and probably even more hesitant now. brian: let me switch gears, sort of. netflix was a big winner at the 93rd oscars taking home seven statues. jonathan, the last year worked for netflix in terms of what how people spent their time. they really didn't have a choice but going forward i hope that changes. i hope the environment becomes less friendly to netflix. what do they have to do to stay on top as people get out? >> netflix, other companies are public enemy number one. they have done a godsend being there through the pandemic. netflix has a lot of headwinds moving forward more than the end of the pandemic thankfully is competition. i mean netflix, which as you might remember, people forget, started literally people sending
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dvds. they revolutionized the business but a major content producer. they have disney, they have got hulu. they have all the competition for people's disposable dollars that will be haunting netflix. that is one of the reasons you saw the stock take a major dip earlier last week. brian: we saw the stock take a major dip on the subscriber growth news. as you look ahead for netflix, are you bullish or as to jonathan's point competition crowding in and making life difficult for netflix. >> i agree with jonathan. my basic peeve, mostly my son likes their content i have a hard time anything to watch. there is so much stuff. a lot of the things that i'm looking for changes. sometimes the movie i want to watch is there. sometimes it is not. so i get frustrated, i don't know if it was just me i would continue with my subscription. as people are open people are not as captive to binge-watch these things. i'm not necessarily bullish on something like netflix.
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disney on the other hand with disney plus but also the theme parks they benefit on both sides that is a little different. netflix for me, i'm not so bullish. brian: jonathan a lot of tech earnings coming up this week. what are you watching, what are you looking for that might move markets? >> price action more than anything, brian. these were the big horses, four horsemen, amazon, netflix. for a while all we talked about was the "fang" stocks. they really led the market on the way up. i'm looking not just for earnings but the stock market reaction. the market which is a good sign has broadened the last couple weeks. we've seen small caps, mid-cap, energy, other types of sectors tune in. that is the real question, what is the reaction going to be? are the big dogs, if you will, nasdaq heavyweights, big tech companies are they continuing being leaders or step to the side for other areas to take over leadership of the market writ large. brian: we shall see. jonathan, shana, so good to see you today.
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♪. >> to think about some of our structures we have might impede the equity, that could exist in high school mathematics and to analyze some of the current stuckal practices through that lens of equity, thinking about what would be essential for students to learn in mathematics, in high school. brian: virginia department of education on defense over planned curriculum changes
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following outrage from parents plans to push a social justice agenda in mat class. fox news correspondent gillan turn hears the details. reporter: brian, great to see you. the latest moves by the state to completely overhaul the mat curriculum doesn't add up. they do away with schools focus on getting students to study advanced math as possible. they will focus on equity. this will drastically reduce quote the need for acceleration, have students in more heterogenus classrooms. in this practice more students statewide study math at same level regardless of their ability and skills. now parents of students at these schools say the new policies are really just a race to the act dem bottom. listen to arra?
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>> cultural phenomenon critical race theory this is a so racist. what it is doing targeting white kids, racist kids. reporter: critics say activism has no place in america's schools. listen. >> what we're seeing is that total complete failure of the education system to put children towards academic success so they're shifting the blame which injecting politics into the classroom. reporter: so virginia's education department is pushing back hard. they tell fox news all these changes are going to help more students achieve more success in math overall. they also clarify that some ap courses and subjects like calculus for example, will still be offered. here is what they sent us. the initiative aims to support increased differentiated learning opportunities within a heterogenus learning environment that will promote greater access to advanced mathematical learning for all students. now so far virginia, california
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are the key states moving to completely overhaul their math and science curriculum's in this way but there are other states now like colorado that are making smaller incremental moves to move towards this, what they're calling equity-based education. brian? brian: really important story, gillian. thank you for bringing it to us. we appreciate it. >> you bet. brian: joining us now to react, independent womens forum senior policy analyst inez stepman. inez, i'm so glad to have you here for this story. this story blows my mind. at a moment we talk about kids falling behind, not measuring up, the conversation we're happen something eliminating opportunities to act sell. your thoughts? >> that is exactly right this is a critical time for the nation's students obviously due to too prolonged closures in too many states. we have a massive learning goop that will gap that will have to be made up. when students go back to school,
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they're finding out meantime things like critical race theory, equity, does not mean equality. if you think equity means equality or equality of opportunity it is time to catch up. this word equity does not mean when you think it does. what it means is the mainstreaming of really radical theories like critical race theory into the majority of the districts in public schools and unfortunately especially into some private schools as well, especially those are pipelines to the ivy leagues for example. brian: ines, i look at statements from the school board and superintendents i see jargon upon jargon. i don't see, let's teach kids math. parents look at that, we feel hopeless, we feel we have no control in this system. as you're studying the issue, you're encountering parents, what is the reaction there? how do you think they might respond? >> it is absolutely true parents are fighting back. emergence of parent groups
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fighting this. enormous energy, brave teachers, paul rossi on the republished in "the new york post." you're seeing energy to fight back against this the reality of majority of people are afraid to say anything. 65% of the american public is afraid to share their political views exactly on issues like this but the majority is there. school choice is another great tool, policy tool to fight this we have 30 bills going through state legislatures right now, it gives parents leverage they might not otherwise have, right? if you and self parents are upset in the district what the school is teaching you have a lot more leverage, take the dollars state earmarked for your child elsewhere, somewhere they're not teaching this kind of material. they're not teaching critical race theory. school choice can only be the baseline. courage is the necessary ingredient. we need more people speaking out. i think really are. i think there is a turning point on some of these issues.
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brian: when you speak out you have to have somewhere to go. i think school choice is so important. inez, dig into what is happening in some of the states. talk about some of the models where you see a lot of hope where parents can reclaim power and authority what kids learn in a math class? >> absolutely, west virginia, kentucky, passed education savings accounts programs. that is really innovative option you get a portion of the money that the school ear marked for your state, for your child, you can spend it own anything. you can spend it on tutors. private school tuition. you can put together a pod. you can take your kid to another school. so all of those options, incredibly flexible, works really well especially in a time where so many kids need extra help to catch up. this reform is percolating for a long time in the states. we're seeing explosion shun and response to these two things. one, the pandemic closures that weren't on way too long, way past the science actually
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backing them up. because of the power of teachers unions. on the other hand, when kids were attending these zoom classes, right, parents were seeing what their kids were actually learning. for example in social studies they were not learning about the constitution, declaration of independence, how to be responsible american citizens. instead they were learning to divide themselves up into ethnic groups, affinity groups, right? actually being segregated from their peers, taught to look on each other with suspicion along racial lines. this is anathema what america should stand for. this is anathema to the principles of 1776 out of fashion in american schools. in my mind there is no issue more critical than this. there is no more issue critical than school reform, the courage of parents and teachers to stand up to this. our republican not sustain when we learn to how to hate each other from kindergarten on up. brian: you hit on it.
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many parents got a window what their kids were learning and they did not like it. inez stepman. thanks for coming on. >> thank you. brian: still ahead, new homes across the u.s. selling fast. how out of town buyers are edging out locals as the housing market heats up. after this. ♪. i really hope that this vaccine can get me one step closer to him. to a huge wedding. to give high fives to our patients. to hug my students. with every vaccine, cvs is working to bring you
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♪. brian: americans on the move amid the pandemic. new data from redfin shows locals are being left out of the housing market thanks to out of town buyers with bigger budgets. we have national housing conference ceo david dworkin. david, good to see you. this is really an interesting issue. you have the local markets. i'm hearing places like phoenix, las vegas, local buyers looking for a home and they're competing against folks coming from california, new york, bringing new york and california salaries. they can't get into the houses they want to get into. >> thanks for having me, brian. it is incredibly frustrating if you're trying to buy a house,
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getting a mortgage the old-fashioned way. in fact in nashville out of towners are coming in with a budget advantage of 48%. it is crazy. and, we're seeing offers coming in by the dozens on individual houses. the biggest reason for this is just that we don't have enough houses for sale. there are a variety of reasons for that. we have to build more houses. we have to deal with the regulatory issues and cost of construction materials, especially lumber. and labor. you know, there is 200,000 jobs out there in construction just waiting to be filled and i can't think of a better time to try to fill those jobs. brian: david, it is so interesting that you bring that up because we're hearing talk now, this is sort of a sidestep from the housing issue, we're hearing talk about extending unemployment benefits indefinitely. that will be an issue not only for the broader economy but for
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the housing market i hear you saying? >> i think that there is a lot of people who are dying to go back to work and the prices that you're going to get in your salary of getting a decent job like in construction are going to far outweigh any benefit of being on unemployment insurance. so i think i'm most concerned in the unemployment space about people who are looking very long-term unemployment and dislocation because businesses just closed as a result of the pandemic and it is going to take a long time for new ones to fill their place. brian: so, david, let's go back to this supply demand dynamic that you gave us. people are looking at the housing market. they're saying when will this let up? sellers love it. if you're going to sell they love it. but you have buyers out there say i want to move, i want to get out of the city, i want to go someplace else but i can't afford anything. are you talking about a trend you see lasting another year, five years potentially, how do you read that? >> i don't see it lasting five
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years for sure. it certainly could last another year. you know, we have certainly had served the kool-aid in the past on housing prices going up forever. so we know that is not going to happen. but market conditions are pretty stable right now. we've got millenials coming into the market, in addition to people wanting to relocate for more space or shorter commutes, which they're not going to find in big, high-priced cities. and so those are the driving the market. as long as the law of supply and demand is not repealed, we're going to see this continue, i'm afraid. brian: what do you see that might loosen up supply a little bit? you talk about the supply crunches. is there anything on the horizon that might change that? >> sure, a few things. we have to deal with this lumber shortage. some mills slowed down, or closed down during the pandemic. they will be coming online. we have a counterproductive
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trade dispute with canada, china around building materials. we have to look at the long game on that one. we also have a problem with homebuilders getting a, d and c lending, acquisition, development, construction. i think it is time to let fannie and freddie come in to help create a secondary market for that kind of lending because banks are averse of taking that level of risk. brian: david, we have to leave it there i'm sorry. we're out of time. thank you very much. appreciate it. >> thank you. brian: president biden gets ready to roll out his latest spending plan. why some say the president's plans could lead to a bigger exodus from blue states. the second hour of "cavuto: coast to coast" begins after this. ♪ [announcer] durán catches leonard with a big left. ♪♪ you can spend your life in boxing or any other business,
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but one day, you're gonna take a hit you didn't see coming. ... what matters is you're down. and there's nothing down there with you but the choice that will define you. do you stay down? or. do you find, somewhere deep inside of you, the resilience to get up. ♪♪ [announcer] and this fight is a long way from over, leonard is coming back. ♪♪ ♪♪ ♪♪
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report from the heart of the action. >> and a close call in space, how a piece of junk and the spacex dragon castle avoided certainty satesser. first, this hour, california may be losing its seat in congress for the first time in its history with population counts in the golden state on the downturn. let's go to fox news ashley webster with the detail. ashley? ashley: hey, brian, great to see you. well, listen, it's no secret that california is losing population. combination of high taxes, a high cost of living, and politic s is leading to an exodus of people who find once they move, guess what? they're paying less for power, property taxes, income taxes, gas, even car registrations, you name it, they're paying less, and now, with the census bureau about to release its latest official headcount later today, california could pay the price with a loss of a congressional seat for the very first time in
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its history. >> what we may see from the first time ever is that movement to the west doesn't go quite as far. it looks like they've stopped at the border, instead of heading all the way to the coast. ashley: very interesting, depending on how the headcount turns out, texas could gain as many as three congressional seats, from 36 to 39, florida could add two from 27 to 29, we could also see single-seat gains for arizona, colorado, montana, north carolina, and oregon, and with california's population growth hitting a record low, the trend, well it shows that all roads pointing east, according to u-haul, tennessee has seen the biggest influx of one way trucks, followed by texas, florida, ohio, and arizona. in other words, brian, states that remarkably let you keep more of your own money. coincidence? i don't think so.
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>> fascinating stuff, ashley thank you so much for bringing that to us. ashley: my pleasure. sure. >> all right, president biden approaching 100 days in office this week, and he's set to unveil major tax hikes, biden's plans to potentially lead to an even bigger exodus from blue states but would that actually give democrats an advantage in swing states like texas and florida? let's get the read from a great panel today, pollster and fox news contributor kristin solstic e anderson, market watcher hal lambert and former investment banker carol roth. thanks to all of you, kristin i want to start with you on this. ashley's report is really astounding actually when you think about shift in the center of political gravity in this country or at least the beginnings. what's your read on that, kristin? >> it's absolutely true many of these blue states for a number of reasons whether it was the weather, covid lockdowns, bad public policy, high taxes, you name it, plenty of reasons why over the last year, we've begun to see an acceleration of
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existing trends toward the sun belt. you've even had folks like elon musk moving some of his tesla operations from california to texas. that's a big piece of why we're going to see texas and florida as two big states that'll pick-up congressional seats. the challenge is when those folks come from silicon valley to austin, do they bring their blue state politics with them? and suddenly, do you have in some of these areas in states like florida and texas that may have previously been pretty republican-friendly, to begin finding them trend a little bit purple, will remain to be seen once we get the more granular census data, where within each of these states these congressional seats are going to go. >> hal, that's the question i want to bring to you. you're in texas, people are coming your way, people from all over the place, but especially from some very blue environments what are you noticing on the ground? are you starting to see what kristin is pointing to? >> well, obviously, there's a concern in texas that they do bring their politics with them.
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interestingly though we see a lot of republicans flowing out of california into texas. it's not just democrats, there's a lot of republicans and california has got a lot of republicans. it's a large state so even though they are a minority they are the ones that are the ones leaving and the other benefits of texas is as you said we're going to ic p up three seats in this new congressional seating, and we're going to make two of those very likely to be republican seats so two of the three, probably one democrat seat, so we're going to gain two more republican seats which is why there's a lot of confidence, very high confidence republicans take back the house in 2022 because of the movement of people to republican states and those states getting more congressional seats, and those congressional seats being drawn by republicans. so the state legislatures draw the seats and those are controlled by republicans in many of these states. >> carol you're seeing trends of people moving now we're getting all of this talk about tax hikes , particularly lately. the capital gains rate. you talk about places like new york and california, those rates
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are going to be top rates 50 nearly 60%. carol, is this trend going to accelerate? in other words, is hal going to need a bigger door because more and more people from where you are for instance in chicago are going to be heading his way? >> yeah, i think they are two separate issues. on the tax hike front, i'm a little bit skeptical. i've been saying that the headline may come out very high but some of the devil in the details things may actually benefit the states where you have big democratic leadership, something like restoring the salt deduction, which has been a huge issue in places like illinois and new york, so that's one issue, but on the other issue is kristin was eluding to you have this sort of new version of limousine liberal in the caltech they call them the ai liberals or the artificial intelligence liberals and unfortunately, these are techs who have benefit ed from free market capitalism and instead of saying that this is a great way to do
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business and we're going to get other people prosper, they're pulling up the ladder behind them and they're actually pushing the government, so i think unless you get those people who are moving headquarters, whether it's tesla or oracle, or any of these big migrations that are going out of california to florida, to texas, until you get people willing to stand up and say free markets are the way to do this and government is not, and this is the way that i prospered and i want you to prosper too, they are going to be proactively destroying these economies and that's what we need to watch out for. >> kristin, i'm looking at some of the numbers for president biden on the economy, and the numbers are lower than what i would expect in terms of approval. do you see some of these tax issues? do you see some of these continuing closure issues eating into those numbers, and should he be concerned that they won't bounce back in time for his party to be in a strong position for 2022? >> the economy is a massive driver of political
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fortunes and it's true that joe biden does not get as high of rating on the economy as he does on some other issues like handl ing of the coronavirus. now, he doesn't get bad ratings but they are sort of middle of the road and i think it suggests that people are a bit cautious when it comes to throwing out a lot of the policies that president trump had put into place when he was in office, that had gotten the economy doing so well before the pandemic hit. so you have, for instance the tax reforms that the trump adminitration had signed into law, coming under question, and now you even some for instance the new york times changing their position saying do you know what? we actually think the salt deduction is the wrong thin and we think that rich people in blue states need to be paying their fair share so you're see ing this real split now with even progressives within blue states around some of the things that the biden administration maybe toying within terms of policy, where you will have kind of for the first time republican s really unified in opposition to a lot of what biden is trying to do. >> hal we talk about taxes and issues that are moving opinions and we talk about the president
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's approval ratings it all seems to come back to the border right now. what's your perception of how border issues are affecting political prospects in texas for democrats and for the democratic party nationally, as we look ahead to 2022? >> well i think anyone paying attention knows that the border is in a major crisis but what's going to happen is it's more apparent as this goes on. i mean, you've got tens of thousands of children that have nowhere to go. the state, we don't know what to do with them because their parents aren't in the country and there's no one here for them the state is actually having to care for them in massive facilities, so as that becomes more apparent to the country i think it's worse for biden and look biden's approval rating is the third- lowest of all-time for the first 100 days. the only two that were lower president ford and president trump so both of those did not win re-election. these approval ratings are not good news for biden and actually very bad news and the coronavirus which is the highest percentage in there, look they just sent out $1,400
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checks to 160 million americans and his approval rating is 53%? wait until that is in the past and people are looking more forward and i think his policies going forward and what he's proposing if they get enacted he's going to have a very very difficult three years. >> carol really quickly, we got the checks now we're getting talks from house democrats they want to extend the enhanced unemployment benefits indefinitely. what's your read on how that could affect the economy? >> i mean, as you're looking at the real economy which is main street, and small business being about half the economy, it is a disaster all across the small business landscape. they're having a very difficult time getting people back to work , and even raising wages and offering signing bonuses and benefits aren't incentivizing people to come back into the workforce, so again, i think this is part of a larger plan to keep people on the government and it's sort of a test for here is what ubi might look like and
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this is all sort of this big plan to increase government power control central planning and move us away from free market to capitalism, and it's something, again, that just needs to stop. >> some really important issues that are fundamentally changing things in politics and economics kristin, hal and carol, don't go anywhere we'll bring you back just a little bit later but i want to move now to going green, losing green. democratic california governor gavin newsom moves to ban all new fracking permits by 2024. we'll go to western states petroleum association president kathy raheis boyd. kathy thank you for being here today, wow, banning all new fracking permits by 2024 what kind of effect does that have on californians and beyond that the rest of the country when it comes to energy prices and energy accessibility? >> yes, thank you and it's not just banning well stimulation by 2024. the governor also, very clearly
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said, that he will end oil extraction by 2045, so, it's very concerning and frankly, unconscionable that the governor continues to ignore science and data and facts and instead, governs by what appears to be bans, mandates and fiats, and the message this sends to the very companies who have the ability to move us to a low carbon economy in this state will be disincentivized to participate in that process, and so what message does it send also to the hard working families, the 150,000 people we employ with very good salaries, way above the california average , who this isn't a job, this is a career, and they support their families through this career. what message does it send to them that they are no longer valued by this governor? >> sorry let me ask you this , on that point. this is such an important topic because what we hear so often is
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well, we're going to shutdown these jobs, but the president talks time and again, when he hears green energy all he thinks is jobs jobs jobs, but for those workers and as you said it, this is a career. this isn't just a stop on the way. they've made a career in this industry. i don't think they look at that and say yeah, i'm just going to be able to transfer to a brand newcomb pleatly different technology, completely different job overnight. that's where they see the real job risk is it not? >> it absolutely is, and there's no just transition in that conversation, and when you unpack this a little bit, it's even more concerning, because if you don't produce crude oil under the strictest environmental regulations in california, you have to ask yourself, where will it come from? because we have no pipelines who bring crude oil here. so we either produce it here, in california, with those jobs, giving billions of dollars to tax revenues and the economy, or
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it comes from marine tankers from iraq, echosystem ecuador, and saudi arabia and they are put on a tanker which increases the cost of energy for californians, because you have to pay transportation and it comes to already-congested ports of long beach, la and san francisco where communities are already concerned, and what did you gain from that? you gained increase of greenhouse gasses from those tankers, so if your climate leader, i'm not sure how that squares. you lost jobs, you lost revenues , and so it just, and you stifled innovation. you left innovation on the table from the very industry who is going to help the governor get where he wants to go. it's as if he doesn't like the reality he has, but he doesn't take the steps to change the reality he wants. >> kathy thank you so much for that analysis, a really important look at the big picture, we appreciate it. >> thank you very much, brian. >> well, coming up restaurants just can't catch a break.
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act now! >> it takes months and months to get pilots from furlough back into the system, trained up, and then qualified back on the aircraft. >> i think you and i today are on zoomville. we want to get out of zoomville, and we're ready to fly. >> brian: well with the recent surge in travel, airlines are on a hiring spree for pilots. grady trimble is live at western michigan university's college of aviation, with the latest. grady? reporter: and in fact, brian, the industry is bracing for a shortage. in north america alone it could be as many as 12,000 pilots by 2023 and that's why university programs like this one are working as fast as they can to get pilots trained. dave powell is the dean here at western michigan university, so, i guess your students benefit from this potential shortage. >> absolutely, they are all
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going to get jobs. the airlines hiring they are back, so, stand by. reporter: you've got partnership s with united and delta that all but guarantees students are placed into good pilot jobs as soon as they graduate. on top of that, united has started its own school to train pilots. they're trying to get 5,000 trained and get an additional 5,000 from schools like yours. i mean, they can't train people fast enough, and neither can you >> that's exactly the problem and why they have their academic is the university systems can't produce enough pilots yearly to satisfy the needs so they needed to do something and i think this is a great thing for them to do. reporter: of course we are in one of your simulators here. your pilots can start when they graduate, they might have started with zero experience, right? >> absolutely they can come with no flying experience. >> might surprise people a little bit but it's four years. >> that's why they come to this program because it's so excellent. we do an exceptional job of providing the skillsets for them to go to the airlines. reporter: so there you go brian all of the major airlines looking to hire as many people
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as possible, because there are not enough pilots and by the way not enough mechanics which they train here as well. >> brian: grady did you get behind the wheel of that simulate or , it looks really fun? reporter: [laughter] i sat down but i didn't take it up in the air but i'm about to now that you've asked so i can tell the next anchor who asks. >> brian: look out below grady trimble flying that jet, thank you, sir appreciate the report. all right, meanwhile, an issue we've been on all over on this show, another crisis slam ming the restaurant industry , owners are still struggling to hire workers amid a labor shortage. fox news pete hegseth and will cain headed down to talladega to talk to restaurants about all of this. take a look. will: ten miles away from the racetrack at talladega. what does the race mean for places like this? >> with the talladega race being the biggest travel and camping race in nascar, a few
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hundred thousand people coming in, what it means for us is our hotels are full, our restaurants are full, people are ready to get out and have some fun. pete: when people come to talladega in alabama what do they see as far as covid? is everything pretty much open, capacity restrictions what is life like down here? >> so, the governor lifted the mask mandate a few weeks back, businesses are really booming in a lot of ways now. will: we've heard that business is booming to such an extent that some businesses are having trouble hiring. >> that's true. >> right now, business has finally picked up. we are just now getting back to the numbers we were at in 2019. to say that, we don't have the help to keep up with that. will: why are we struggling to find the help that's needed? >> i'm thinking that the unemployment, the stimulus, nobody wants to go to work right now. almost every business that you go to, just here, is hiring. everybody is hiring. pete: could you raise your wage to a point where you could entice people? >> we have already done that.
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pete: you've done that? will: signing bonuses, raising wages, you're doing appreciation bonuses, and you're still under staffed by 50%? >> yes, sir. will: on top of being under staffed this has to be one of the busiest weeks of the year for you. >> the families that are in town come here because it's more of a family atmosphere, and then , you know, buffalo wild wings and so forth, they get packed because of the tvs so it's just good for everybody really. pete: you got a lot of customers in here right now. what's your capacity are you at 100%? >> no, you know, it's crazy because governor ivy with the state of alabama just lifted a couple of weeks ago the capacity but we've really stayed maybe 55% capacity. we're opening up in phases. we are still busy. pete: why wouldn't you go state to 100? >> we just don't have the staff we're hoping by middle or end of may we will be open at 100%. will: we were just talking about what race week looks like in a
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normal year. >> this year obviously they still have some covid restrictions but they are allowing more fans and camping is back involved and last night we saw sales up, going against 2019. pete: i want a beer. >> first beer is on me. >> i love it. >> brian: that's pete hegseth and will cain in talladega. coming up, the house gop re-election arm is taking aim at certain vulnerable congressional democrats for their push to de fund the police. more on that, after the break. >> ♪ ♪ ♪ ♪ ♪ ♪ (upbeat music) ♪ ♪ ♪ ♪
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mid-term elections over their push to defund the police. hillary vaughn is live on capitol hill with the latest. hillary? reporter: hi, brian, well republicans think driving attention towards these comments about defunding the police from democrats will help republicans win back the house in 2022. comments demonizing the police from democratic congresswoman maxine waters and rashida tallib are putting their democratic colleagues up for reporter in hot water. the nrcc is dropping five figures to run digital ads in five congressional districts and they think comments to defund the police will help republicans flip the seat and the adds showcase recent controversial statements from representative maxine waters who called for people to get confrontational ahead of the george floyd verdict and now waters is clarifying what she meant by that defending her statement in an la times op-ed saying, "to target me and say that i was violent or encouraging violence is a blatant distortion of the truth.
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i am non-violent." democrats are also going on the offense today, trolling the republican retreat in orlando, florida, today with a traveling billboard targeting congressman matt gaetz over his previous votes and comments and congresswoman marjorie taylor greene also for some of her past comments, but there is a big question headed into the mid-terms. what role former president trump might be playing for republicans in the lead-up to the mid-term elections and the house republican chair liz cheney was asked today what role she thinks trump should play in that. she says she believes the head of the republican party right now is not anyone out of office, but instead, mitch mcconnell and the senate and kevin mccarthy in the house. brian? >> hillary vaughn, thank you so much. >> well, we're back with our three great panelists, kristin anderson, hal lambert and carol roth. hal i want to go to you first coming off hillary's report,
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you're looking at this defund the police movement, the messaging around that and it looks like it's really energizing republicans. is this an issue where donors are going to get activated where voters are going to get activat ed? it could be a real factor in 2022. >> well, 2022 should be a really good year for republicans and defunding the police is a very unpopular opinion. it's a very unpopular position, even for democrats. most democrats don't want to de fund the police either, so this is a far left movement, and the far left is hijacked the democrat party so that's why you're seeing it getting front and center but i'll tell you. republicans do need to raise money off of this. they do need to be prepared. i would advise any republican planning on running any republican that's currently in office, they should have a small dollar fundraising effort and they should be raising money off of these statements like maxine waters put out, because if they're not they're losing the opportunity to do that. the public is fired up right now and they need to be taking advantage of that by raising money and being prepared,
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because the 2022 is going to be a big battle, democrats are going to come with a lot of money to try to hang on to the house and republicans need to be prepared on the other side and those candidates that are thinking about running need to be ready and ready to raise money quickly. >> kristin, talk about how this plays on the democratic side as they look at the issue of defund the police, as they look at prominent members out there carrying that message or at least having carried that message. are democrats nervous here, do they see a vulnerability on this issue? >> this is certainly an issue that divides their caucus and you heard some of this breakout into some really agitated conversation. there was a phone call that democratic conference had shortly after the last mid-terms where you had some of the members from more swing districts really taking it to their colleagues for more progressive districts saying hey , you're not at jeopardy, in jeopardy of not being re-elected i am and when you say things that are out there, it reflects on me. you now have some democrats, frankly, who have now said de fund the police isn't enough. abolish the police has become their message. that can't be good news to folks
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like abigail spanberger from a swing district in virginia she's one of the ones vocally upset with her colleagues for pushing defund the police. we had a big change in the last couple of decades in our politic s where things have gotten much more nationalized where it's fundraising with the small dollar donors and you could be somebody from a district in florida and raise money all over the country based on something that an individual congress-person in michigan or minnesota had to say, so these things have become much more nationalized. democrats always take an opportunity to wack republicans whenever somebody in their conference says something that's out there or crazy. republicans are going to be doing just the same to democrats this time around. >> brian: carol we're talking about the political implications of this but when you talk about defund the police in places like minneapolis for example, close to where i come from, it's a bread and butter issue for people who frankly could care less about politics. they're much more concerned about can i run my business. will my neighborhood be safe so
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i can serve customers and employ people. talk about, carol, the issue for small businesses when it comes to defund the police and how you think that might affect what happens economically or in terms of voting patterns in some of the cities hardest hit by these issues. >> yeah, i mean, unfortunately one of the things that we've lost in our discourse is any semblance of nuance, and i think that when you look at small business, there are a lot of people who are sympathetic to a need for perhaps some reform, but reform doesn't mean defund or abolish and if you go back to what happened last year, first government came and closed down businesses, and then , if you were near minneapolis, if you were in chicago, then you saw people actually coming in and rioting and destroying your business, and whether it was the new york times or the los angeles times, these newspapers that are usually not that sympathetic to what's going on with the small business owner, they were putting forth small business owners saying we understand the
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problem but you can't take it out on us, and research has shown that this affects vulnerable communities and particularly, entrepreneurs and people of color, and it takes them a much longer time to rebuild after something like riots and violence, even versus something like a hurricane, because just the mental anguish of other people did this to my business makes it so much harder to come back from so it is a longer blog and it is something that is just another issue that small business owners are having to contend with, and certainly, the ones that i have heard from and ones i have been researching and reading about are very upset and this is part of their entire economic issue with what's going on in the country. >> brian: an issue that's not going away three fantastic perspectives on it thank you so much, kristin anderson, hal lambert, and carol roth, we really appreciate your expertise
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today. well, coming up, watch out, that spacex capsule carrying four astronauts to the international space station coming dangerously close to crashing into a piece of space debris. the full story, after this. >> dragon spacex for awareness , we believe the object is farther away than anticipated. please ensure it's closed prior to tca in approximately 20 seconds.
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we'll send you our exclusive bond guide, free. with details about how bonds can be an important part of your portfolio. hennion & walsh has specialized in fixed income and growth solutions for 30 years, and offers high-quality municipal bonds from across the country. they provide the potential for regular income...are federally tax-free... and have historically low risk. call today to request your free bond guide. 1-800-763-2763. that's 1-800-763-2763 >> brian: this just in, white house economic advisor brian dee se says president biden will propose changes to capital gains tax for those who make more than $1 million. saying the change will impact .3 % of taxpayers or about 500,000 u.s. households. the president's goal is to
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equalize treatment of ordinary income and capital gains. we'll bring you any updates on this as they come in. >> well, a close call for the spacex capsule. almost colliding with a piece of debris after launching into orbit. flight control advising the four astronauts on board to get back into their space suits and brace for possible impact. phil keating has the latest. phil? reporter: hey, brian. for the second straight time, four astronauts climbed aboard the spacex dragon capsule launched from florida on their way to the international space station, and in a nearly unprecedented cause for concern, all four astronauts still on their way to the space station were ordered to take some security measures for their own safety. the capsule blasted off from launch pad 39a at the kennedy space center early friday morning, before sunrise, but as it approached the space station, which is 250 miles up
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above it, spacex and nasa mission controllers became concerned about a possible collision between the capsule and a piece of space junk so all four astronauts were getting ready to go to sleep, suited back up. >> identified elite breaking possible conjunction with a fairly close systems 2 dragon, as such, we do need you to immediately proceed with suit do nning and securing yourself in seats. reporter: fortunately, all was good. the piece of space junk ended up being 28 miles away from the space capsule. the four astronaut, two american , one japanese and one frenchman, all arrived inside the space station safe and sound early saturday morning about 24 hours after they lifted off from kennedy space center. for years the issue of space junk has been a serious concern, not just for approaching and departing capsules, but for the space station itself.
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there are an estimated 128 million pieces of space junk orbiting the earth in the lower orbit atmosphere. all of those are less than a centimeter large. there's about 34,000 pieces of space junk larger than 10- centimeters and now these are small, and they sound small and they are small; however at 17,000 miles an hour, they could do a lot of damage if they impact the space station or a capsule. brian? >> brian: not the kind of excitement you want heading to the space station, phil keating thank you so much for that report. well, meanwhile, a major week for the markets all eyes will be an amazon's earnings out this thursday. charlie gasparino reports, we could see a potential stock split. charlie? charlie: a lot of people are talking about it, and you know you just mentioned spacex before this is a battle between musk, elon musk, the head of spacex, and also, tesla, and jeff bezos
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for the world's richest man. it depends on the day it goes back and forth the last i saw it was bezos marginally ahead and then i saw another story that maybe musk is marginally ahead. bezos could, i'm not saying he is, could take a significant lead on thursday, particularly if amazon has good earnings and particularly if as some traders are speculating right now, and the speculation is going hot and heavy that amazon is going to do a stock split. why would the stock split be good for jeff bezos net worth? well, essentially, right now, amazon is not in the dow jones industrial average. it's trading at about whatever it is, $3,100 a share. i remember when amazon was close to a penny stock after the dot c om bubble burst, so talk about peoples overtime, but if the stock does split, it'll get into the dow, there could be increased buying, because people can afford the stock, and that would allow jeff bezos to take a
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pretty significant lead over musk as the world's richest man. again, thursday is the day they announce earnings. there's tons of speculation that they are going to announce a stock split on thursday. i'm not saying they will. amazon has no comment, there's also speculation if it doesn't come thursday it may come some time in 2021, but be sure to listen to the analyst call. my guess is that bezos will have to address if and when he'll do a stock split, if they don't do it, and it could move shares even further. guys, back to you. >> brian: charlie whoever comes second place in that race i think is not too badly off and i bet you'd agree with that. charlie: yeah, i thought i saw that bezos was, or musk was ahead by $100 million. can you imagine that? just $100 million being ahead. that's like -- >> can i just take the difference? i'll just take the difference, i'd be fine. charlie gasparino, thank you so much, sir.
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>> brian: women's participation in the labor force slipping to the lowest level in over 30 years. many moms having to dropout to help their kids with remote school. as we reopen, new worries emerging that a hybrid work model could actually disadvantage women. joining us now is denise roussea u, public policy at the carnagie melon university heinz college, professor thank you for being here today. >> thank you. >> want to start with this question for you the conventional wisdom has long been that more flexible work arrangements would help more women get into the labor force but you see it differently. tell us more. >> i think that flexibility at work does help women. it solves one problem, but that's not to say it doesn't
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create knock-off problem down the road when issues of pay and promotion opportunities come up, and you're being compared to somebody who is not hybrid, buffets to face in the office, and compared to somebody who maybe a male whose not working in a hybrid mode. >> you bring up, professor, a really interesting point. when you're woking at home, you can get done your day-to-day things, but what you miss out on is the chance to be with your colleagues, to collaborate, to share ideas. it's those inbetween times that can often create surprising opportunities. talk more about what we're los ing in this moment of more remote work. >> okay so let me say, i think it's arguable whether or not a person needs to be in the office to get that social contact and kind of fill in the dots. if you're skilled, with regard to e-mail and zooming, you can build ties with others and especially if your manager is
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good at building a team, regardless of whether or not you're co-located or distributed. the issue is when decisions are made about important outcomes. promotions being the most important one. related to that, who attends the training, who gets the developmental opportunities, because what we see is a preferencing for people who have the more conventional roles where let's call it promotion and advancement-related decisions are made, so the question for the hybrid work , especially for the hybrid woman, going against males who are in the office, is how do i look, how do i look effective? how do i look competitive with them? and there are some ways that can be done, but it's a little bit, you need to be planful. >> professor you raised the good question i want you to answer it there's a lot of women watching saying i like the hybrid model for all of the reasons that you said but i want to be competitive, i want to be, you
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know, in the spot in line that i deserve. how should they navigate that? >> well, okay i guess the basic concept i would use is cues filtered out. you're not there looking conventional. looking like the other guy. how do icon say to my manager and to my colleagues what i'm producing and what i'm capable of doing, so the idea of being a little bit more explicit about what maya accomplishments are, about following up and communicating the status of my work, and what's gotten done, not assuming that people are as aware of what i am doing and what i'd like to do in the future, as they be if i'm sat with them in an office, so it's a little bit more filling in the blanks but people can become quite good at that. you have to be a little bit willing to to the your own horn and sometimes that's hard for us , and i say get over that, because it's about your long term interests.
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don't be afraid -- >> brian: professor that is such great actionable advice. thank you so much for that, professor denise rousseau, we appreciate it we'll be right back with more "coast to coast." ♪♪ you can spend your life in boxing or any other business, but one day, you're gonna take a hit you didn't see coming. . . wn there with you but the choice that will define you. do you stay down? or. do you find, somewhere deep inside of you, the resilience to get up. ♪♪ [announcer] and this fight is a long way from over, leonard is coming back. ♪♪
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white house saying moments ago that the u.s. will not need the astrazeneca vaccine offer the next few months. the fda will confirm quality standards before any shipments go out. meanwhile white house economic advisor brian deece that president biden will propose changes for the capital gains tax for people that make over one million dollars. blake burman with the latest at white house. reporter: this is not unusual at the white house at a briefing, brian deece, u.s. top economic advisor come to the podium. this was interesting a sales pitch on capital gains. the president's economic advisor two days before the president will give a joint address to congress. this was a very honed in tailored measure on capital gains. we know the president wit be pitching raising capital gains to be paid for, pay for in part the american families plan the president will be putting forward to focus on education and child care here was part of
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the argument that was laid out. deece saying this will impact 3 in 1000 homes, rather, or 500,000 households across the country. the point they're make to make, brian, the that this will not impact, a capital feigns raise the average person or anywhere close to the average household. they are also making the case they say, that they believe that ordinary income should be taxed the same rate as capital pains for the very wealthiest in this country. they believe, do not believe it would suppress investment or really have any negative consequences on the economy long term. that part of the message here from brian deece a little while ago, brian, as the white house is gearing up for this big speech on wednesday night. the speech we anticipate american families plan. very clear a focus on one specific item, capital-gains taxes. brian: fascinating, blake.
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you have to wonder if the messaging change, small change will be different how people perceive it. blake burman thank you very much. that's it for us on "coast to coast." here is charles payne to take you through the next hour. charles, take it away. charles: brian, thank you so much, my friend, brian brenberg. i'm charles payne. this is "making money." breaking right now, sometimes old and steady is better than sexy and unproven. trucks and have been soaring, fraught think names like tesla say they have been struggling -- frothy. speaking of tesla, what can we expect from musk and company? how should you be positioned how they post their earnings after today's close? president biden's low in approval rating, centrist democrat win as congressional seat in louisiana. it is major news. i will break down how america is revolting against the ultraprogressive agenda. how his war on the rich will affect you. that's right, it affects
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