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tv   Cavuto Coast to Coast  FOX Business  August 6, 2021 12:00pm-2:00pm EDT

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>> i put in a pasta dish, and it comes straight from naples. you can see it there. it's with cherry tomatoes, it's with capitol hillly peppers -- chili peppers, salt, pepper, olive oil. 30 minutes and it's all done. and after you eat it, you'll be glad you did. jackie: kenny, thank you. and thank you all for tuning in. i'm going to send it over to my friend, neil cavuto. neil: i don't know about you, but i'm going to his house. jackie: me too. [laughter] neil: thank you very, very much. we are on top of what you've been talking about here, the better than expected jobs report and now the concerns with inflation, so they go back and fort on that. we've got the dow and the s&p in and out of record territory. obviously, the treasury yields going higher, nasdaq stocks in particular going down. that is exactly how it's playing out today. but we've got team coverage for you with the latest from lydia hu on the vaccine battle and
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maybe the talk that as soon as next month the fda could approve one of them. we've got edward lawrence on that jobs report, particularly where it is very, very strong. and then this idea of inflation and the concern for no less than joe manchin. we've got chad pergram on that on why right now the very influential west virginia democrat is saying the fed should move sooner rather than later. first, though, on what's happening on the vaccine front with lydia hu. lydia. >> reporter: hi there, neil. let's talk about vaccine mandates to start off with because united airlines is the first major airline to mandate the covid-19 vaccine for its roughly 67,000 employees. the airline has been requiring vaccinations of its new hires since mid june, and the company's now offering an incentive to employees who are already vaccinated and share proof before september 20th. those workers will be eligible for an extra day of pay, but otherwise the deadline is now october 25th for workers and for
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those who don't comply, they could risk termination. meanwhile, cnn has fired three unvaccinated employees who entered their offices. the company's policy requires all employees who enter the office or come in contact with other employees out in the field be vaccinated. returning to the office at this point is voluntary. right now it's not clear how the terminated employees' unvaccinated status was discovered or which offices they entered. and finally, neil, a new poll shows that most americans oppose vaccine passports for dining out at restaurants. the poll from quinnipiac university showed that 59% say proof of vaccine should not be mandated when going out to eat. now, these results come on the heels of new york city mayor bill de blasio's announcement that restaurants, bars, gyms and other indoor entertainment establishments must mandate the vaccine starting august 16th. neil. neil: lydia, thank you for that.
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now on the jobs situation here, because whatever you're worried about the vaccines and whether this period covers the surge in cases, prior to that or even with the beginning of some of that we added almost a million jobs. and if you include the revisions for may and june, we added far more than a million jobs. but the concern going forward here is whether all of this spiking activity on the virus front could change that math. for now they're running with the good numbers as they are. edward lawrence with more from the white house. edward? >> reporter: hey, neil. you talked about it, a huge number there. and, in fact, if you do a little math, it shows the economy has added back 832,000 on average over the past three months. the unemployment rate ticking down to a post-pandemic low of a 5.4%, but there is some weakness in this report specifically when you talk about inflation. if you look at these average hourly wages numbers, they increased 4% over the past 12 months, but cpi inflation is up
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5.4% year-over-year. that means inflation is rising faster than wages, so stuff we all buy seems more expensive. the labor secretary's brushing off saying we need to spend even more on stuff like his administration's proposed spending plans to keep the job growth going. >> i think that it'll be the first time in almost a century that we're making a major investment in the american people in this country and our economy and creating opportunities in certain job sectors as well as infrastructure. so i think that's well overdue. if we had kept up on it over the last 50 years, we wouldn't have to make the one-time investment right now. >> reporter: here's where the jobs are right now, most of them in leisure and hospitality, 380,000 jobs, most in food services, drinking places. what we expect as the economy reopens. we see transportation and warehousing, 49,700 jobs. manufacturing adding 27,000 jobs. but look at the numbers for government hiring, 240,000 jobs added back, the vast majority of those in local government and education as schools get ready
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to reopen for the fall. the president, though, taking credit as the economy's roping. listen. reopening. >> while our economy is far from complete and while we doubtlessly will have ups and downs along the way as we continue to battle the delta surge of covid, what is indisputable now is this: the biden plan is working. the biden plan produces results, and the biden plan is moving the country forward. >> reporter: yeah, but the biden plan has jobs down in retail 6,000 jobs lost in july, so this is probably why companies are getting creative, walmart offering bonuses for employees to skip vacations, there's a shortage of workers, companies are trying to get folks in off the sidelines as well. back to you. neil: edward, thank you for that. now to my buddy chad pergram. he's been following not only
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this infrastructure bill, but more importantly, what's been happening with joe manchin who's concerned about the pick-up in inflation right now. manchin, of course, welcoming the improvement on the jobs front, but he is concerned that the fed is letting this pass by. that seems to mean to me, chad, he would be okay with them raising rates right now which is typically one of the things the fed does to battle inflation. >> reporter: everybody's looking at joe manchin. he wrote the fed chair jerome powell saying he is, quote, increasingly alarmed about the fed purchasing $120 billion in government debt, that sparked his inflationary fears. the gop also worries about inflation. >> the u.s. economies has broken some recent records, mostly the wrong ones. inflation just clocked its steepest 12-month increase in more than a decade. the month before a separate measure of core inflation rose at its fastest rate since 1992.
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>> reporter: and political observers say the state of the economy is key to next year's midterm elections. >> how strong is the economy going to be a year and a few months from now. and so, you know, the parties can plan, they can message, but we have to remember as some wise politicians always reminded us, the real world counts. >> reporter: the congressional budget office estimates the bipartisan infrastructure bill will put a $256 billion dent in the deficit. this is ahead of the democrats' $35 trillion bill -- 3.5 trillion. the senate likely passes the bipartisan plan this weekend. neil? neil: all right. thank you very much for that, chad pergram. to gary kaltbaum right now following all of this. gary, i can't help but start off with what joe manchin is advising here, wants the fed to
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be on top of this, not get behind the curve. you and i know it could do really one of only a couple of things, it could taper away, stop buying treasury notes and bonds, or it can go right outright and just raise rates. are people prepared for that? >> i don't think the markets are prepared for that, and that's my big worry. i think markets are addicted to what's happened. and, look, my big worry is if i didn't know anything else but what jay powell was doing, i would have thought gdp right now was -5% and the unemployment rate was in the teens. he is doing things right now over and above what bernanke did when we were in the depths of heck back in 2008. and we just don't know what the final outcome of all these experiments are going to be. i write in my reports all the time that every economic statistic, every data point and every asset is working off of
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this unimaginable amounts of money. and joe manchin's talking about raising rates? he's first got to get rid of the $125 billion a month in money printing. and, by the way, europe's doing the same thing. they followed suit. so the outcome i worry about, i think we lose the wealth effect in the market if he starts doing some things, and especially if he's forced to do some things. neil: you know, if he values his job, and indications are he wants another term on the federal reserve, you don't even talk about a raising rates in this environment even if it might be necessary. do you think he's going to be reappointed? >> i believe so. you know, markets are important to politicians, and spending money and keeping easy money to keep the economy afloat is important to the administration that's there. so i think he does get reappointed as long as everything stays the way it is.
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of course, if things turn south, if the markets really get hit, then there'll be people speaking in the white house about it. but for right now, i think he's a lock at this point in time. neil: you know, speaking of locks, it's interesting, gary, and it always plays out this way, for example, rates go up as they are today on the heels of this stronger than expected report. the 10-year treasury now over 1.30%. tech stocks go down, and that's happening today. the nasdaq down. why is that? why are tech stocks more affected by this than say, for example, financial issues which are doing quite well? >> what you basically have is not a ton of money chasing things, so you get a lot of flip-flops. so today financials are stronger because rates are backing up on the long end. if they stay at zero on the short end, that a means the markets believes stocks go up.
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on the other end of the spectrum, money has to come out of somewhere, and it comes out of places that it's done the best, and that'll be your apples, microsofts and tech and things like that. there's nothing wrong with tech coming down. if they had their -- they had their way for the last few months, and i think it's actually a decent thing to see right now. and let me just say for the record goldman sachs to today is breaking out of trading range to an all-time high. i've never seen a market get in real trouble when something like that happens, and the rest of the financials which, by the way, have been dormant for the last few months are getting going. so good stuff today, just a flip-flop in the market for the day. neil: you know, i always love talking to you just period because we've known each other for decades here, but also you're in florida. you're in the orlando area, of course, a booming economy going on there. with all this talk of masking up indoors and back and forth whether people honor that or not, i'm wondering on top of
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that with delays in in-person return to work, how do you think this is all going to sort out? >> well, i think in, you know, cities like new york city it hurts because you don't get the restaurants and things like that. in florida, a little bit different. i can tell you firsthand that i've been going out and checking. you have a bunch of supermarkets, i saw starbucks, now not making it mandatory for consumers to wear masks, but recommending it. they're putting up new signs. so they're changing with the times. you know, eight weeks ago the word delta, the only thing we thought about was how many flights you take from orlando up to laguardia or atlanta -- [laughter] and now we have to deal with this. and now yesterday i'm reading about something called delta plus. so as this gets out there and if it worsens, i expect more reaction from companies. but guess what? companies, first and foremost, want to take care of their
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business and their own and keep 'em safe and whatever they deem necessary, they will do. so we're seeing some of that in florida. and i can tell you even before this plenty of people have been wearing masks going into places. but again, plenty of people have not, and they've been acting accordingly based on what they've been seeing on a daily basis. neil: yeah, i agree with you, i saw the same thing, but it's hardly a crisis. and then when you look at the florida press and realize the uptick in hospitalizations, it's a majority non-covid-related cases here, and those that are in the hospital, they're not severe cases at that. so sometimes that doesn't get out there, does it? >> yeah. and, look, the media's all over desantis right now. i can tell you, i thought he's done a terrific job of keeping things open and believing in business and the people. and i always use the example california opened up disney land 14 months after disney world here in orlando was open, and they never checked to see how
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well disney world was doing and how safe they were keeping people. it's just a matter of what you believe in, either the people in business or the hand of government. but leave no doubt, we have a moving target in this virus, and i think all politicians potentially have to adjust to what happens and keep fingers crossed right now that this bad boy ends pretty quickly. neil: yeah. and you've got to think it's very hard to eat those turkey legs if you're wearing a mask. [laughter] all right. thank you, my friend, very much. talk to you in just a bit. gary kaltbaum on that. you hear also this back and forth on these various variants, delta, the lambda thing seems to be accelerating in south america. again, most of the cases that are getting are of this delta variant as well, and that's the big issue here. but there is some stabilizing news on this front that you're not hearing that you will, after
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♪ neil: it changes the script almost daily. now concerns that dr. fauci has raised about, you know, variations of this delta virus that could be even worse and lambda and these ores that could -- others that could be even worse, and did any of this even come up in initial discussions with president trump or now with president biden that there is the possibility this could veer this way or this way? >> we may not be done with it yet. delta is our focus right now. delta's bad enough but, happily, delta is protected by people who have been vaccinated. but what's coming next, we don't know. neil: dr. francis collins of the nih is saying there's a lot about the delta variant we don't know, it sticks and zags, and then -- zigs and zags, and it's too soon to say we are out of the medical woods here. dr. sharif joins us right now from the university hospital,
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president and ceo there. doctor, what do you make of what he is saying? look, what we know about the delta variant as it is is that these various vaccines can address it. but things can veer. things can zig. is that true? >> well, thanks for having me on, neil. the first thing i'll say is i very much share these concerns. we're seeing delta variant rage across the country, in particular in areas that are undervaccinated. here in new jersey in our community, we are more vaccinated than the average area in this country, and so we have not seen a significant increase in hospitalizations yet. but the projections that we're seeing both from the state and from the cdc and the federal government are showing this is going to get worse before it gets better. and the one thing that will blunt that effect is to get vaccinatedded because, as dr. collins said, our vaccines now are effective against the delta variant. so in many ways, we have a choice as a country about how
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bad this is going to get, and and that choice very much boils down to vaccination. neil: you know, as a former new jersey commissioner of health, what did you think of governor phil murphy invoking the mask requirements for all students this fall? >> well, first thing i'll say is i know that this isn't easy for a lot of parents. i have three kids myself. i'll offer one anecdote. my daughter got covid-19 back when the alpha variant was predominant, and she infected my two other younger children, none of whom are eligible for advantage vaccinations, so school spread is real, and it can happen. i know it's not ideal to have your children wear masks, i understand that as a parent, but it's important because we're only going to see more outbreaks in schools happen if you don't see kids masked and if you don't see more teachers get vaccinated. that's another very important thing. you can have transmission from teachers to students as well in schools. so i know it's not easy news and
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i know the governor also agrees that it's not easy news, but it's necessary and important for public health. and i think people really have to remember that. neil: you know, as much as we complain and get anxious and disgusted with such requirements, i looked at australia right now where the second largest city, canberra, is going into, i believe, its sixth lockdown. barely 20% of their population has been vaccinated. in our country, well over half. that does make a difference, doesn't it? >> it does make a difference. and i will come back to the point that we don't have to get there. remember that rockdowns happened because of -- lockdowns happened because of concerns around hospital capacity. nobody wanted to get anywhere near the chance that we would have to ration care, and we were days away from that here in newark in our community, to have to choose between who gets a ventilator and who doesn't is just unthinkable. so that may be what has to happen if we get there again. we have a choice as a country.
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we can get vaccinated, we can encourage our loved ones to do the same so that our hospitals are not filled up and compromised the way they were during the worst of this last year. and if we get ahead of it with sensible things like masking, like social distancing, especially if you're not vaccinated, but most importantly getting vaccinated, we won't have to even deal with lockdowns again. and i do believe that that's possible, and we all hope that's the case. neil: a lot of people are waiting on the possibility of the federal -- i'm sorry, the fda approving at least the pfizer vaccine as soon as early next month, doctor. i know it's a gut call on your part, but what kind of a difference do you think that will make among the unvaccinated? in other words, with the fda blessing, do you expect a substantial number of americans unvaccinated respond to that and get vaccinated? >> i really hope that that happens, neil. i think it can't happen soon enough. we need to do everything we can to inspire confidence in these vaccines, and i know for sure
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that that was a talking point even among my own employees who had refused to get vaccinated until recently when we mandated it, that people were saying, hey, you're going to make me take something that's not fda approved. well, safety and effectiveness is not a question with these vaccines, and the fda has to consider a lot more than that before issuing final approval, and i understand that. as soon as it is approved, we will get a lot more people vaccinated, in my opinion, and that argument especially from people who are spreading misinformation online, that argument will be taken away from those folks. and so i do think we will see another increase when that happens. neil: all right. doctor, thank you very much for joining us. there must be something to what you say is, because whatever is happening now with the concerns about these spikes in cases, it is having the effect of more people getting vaccinated, so this problem might take care of itself just on that basis alone. doctor, thanks again. >> thanks so much. neil: all right. we are focusing on what's happening on the corner of wall and broad.
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the dow, s&p 500 in and out of record territory. not so, the nasdaq. there is that weird thing that always happens, right? interest rates back up, tech stocks go down. it's happened again today. it's not participating in the party but, of course, it had its own party. stay with us. ♪ ♪ i can't get you out of my head -- ♪ boy, your love is all i think about. ♪ i just can't get you out of my head. ♪ boy, it's more than i care to think about ♪♪ (naj) at fisher investments, our clients know we have their backs. (other money manager) how do your clients know that? (naj) because as a fiduciary, it's our responsibility to always put clients first. (other money manager) so you do it because you have to? (naj) no, we do it because it's the right thing to do. we help clients enjoy a comfortable retirement. (other money manager) sounds like a big responsibility. (naj) one that we don't take lightly. it's why our fees are structured
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♪ neil: could it happen, a bipartisan infrastructure bill approved by republicans and democrats and maybe as soon as this weekend? sounds like a stretch but with, again, things can change, and maybe they have. hillary vaughn with more on capitol hill.
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what is it looking like right now, hillary? >> reporter: neil, it's leaking like tomorrow or could be the day that both democrats and republicans and the president have been waiting for up until this point. the senate is expected to start the process to close debate on this bipartisan infrastructure bill and begin to vote on it as early as tomorrow. that vote finally could happen in the evening tomorrow or into sunday, but it looks like things are on track to make that happen. the latest cbo score that came out scoring this bill is causing some problems for republicans. they do need 10 republicans to support this bill, but the cbo score that found that 256 billion would be added to the deficit is making it difficult for some in the gop who say that is a lot worse than they expected. senator hagerty is one of them. he was a roadblock to trying to get the bill passed late last night. he said this in a statement: it didn't just come up short, it came up a quarter of a trillion dollars short.
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i was asked to consent and expedite the process, i could not. some republicans are saying the cbo isn't able to score everything. >> cbo is barred from score ising things like unemployment insurance benefits that are being returned or repurposing already-appropriated funds through the cares act and other, you know, relief packagings. so it actually, in my view, i'm very comfortable with the pay-fors. >> reporter: president biden today is proud that this infrastructure plan and his human infrastructure plan to keep his promise not to pay for it by dipping into the pockets of some taxpayers. >> we're going to do it without raising taxes by even one cent on people making less than $400,000 a year. >> reporter: but there is an item in this bill some worry could pave the way for a mileage tax on drivers. the bill is written as a pilot program on fees per mile, studying the impacts heavy
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trucks have on infrastructure, congestion and the environment. but a white house official telling me in a statement moments ago that the pilot program is volunteer-based, participants receive a full refund, and it's only a study that's going to be used to inform recommendations for future legislation saying this, quote: there is literally nothing in this bill that is counter to the president's privilege. this refers to two provisions about research. the administration will evaluate all -- [audio difficulty] programs against the $400,000 pledge. but, neil, critics worry that if a mileage tax is put in place, of course it's going to make their commute a lot more expensive if you're driving but not if you take the train. however, the biden administration says if there is a mileage tax or any future legislation around that imposed, they promise you won't be paying it if you make under $400,000. neil. neil but the votes are there, i guess. we know there's at least 10
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republicans interested in it, so this looks like it's going to pass. >> reporter: yeah. we -- from all the 10 republicans that were a part of this process from day one negotiating the bill, none of them have been scared off by the cbo score. while, of course, there are some in the larger party that are worried about it, the 10 that signedded up from day one have not said that has changed their mind. neil: wow. all right. thank you very much, hillary vaughn following a all of that. what hillary also touched on are concerns that this might not be, apparently, paid for. it's going to add to the deficit. the congressional budget office estimates it's going to add to the tune of about $260 billion -- 256 billion, i should say, works out to about $26 billion a year with over each of the next ten years. indeed, in washington they say that's just is chump change. be that as it may, the former congressional budget office director joins us right now, douglas holtz-eakin. doug, obviously, they're looking the other way on the project
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adding to the deficit here because it's only, you know, about $256 billion over ten years, so they can deal with that. what do you think of all this? >> well, i do think tata they're going to go forward regardless of the score. i don't see any great concern about deficits on either side of the aisle in congress right now, and the sticker shock that has come with the past year makes $256 billion look like a bargain, and that's a shame because this is real money, it has real consequences for the economy. i know the advocates for the bill are going to make the case that this infrastructure will be productive, it'll help productivity and wages, but it's also true that at some point you will have to pay for it. that $256 billion will not come out of thin air, and that comes with costs as well. recognizing those costs is something congress is not doing right now, and it really can't continue to do business that way. neil: you know, i'm very surprised at this point, doug, that the press hasn't been focused on the potential 180 on the part of the administration,
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things like user fees, mileage fees, all of that. because it's kind of tucked in there, it's sort of like a throwaway that -- [laughter] you know, maybe likely -- may be likely in there but would reverse the president's promises not to raise taxes earningless than 40 grand a year -- 400 grand a year. if it does get tucked into this, it'll clearly do that. >> there's no question a vehicle miles tax would hit people under $400,000 a year. what's really going to hit, the trucking industry. that's where the heavy loads are, that's where the axels are, and the vehicle miles tax is really targeted on the damage that truckers do to the roads. but, you know, keeping the pledge to not tax anybody under $400,000 while simultaneously raising spending to the highest average of gdp of any 10-year period in our history including world war ii just doesn't add up. the president's budget doesn't add up, his promises don't add
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up, and something will give at some point. neil: all right. doug, very good catching up with you, i think, in light of these latest wrinkles in this bill. but it looking again like -- it looks like it will be approved. we'll be monitoring that tomorrow on my special weekend show on fox. a lot could be happening within those two hours. in the meantime, where things stand in the whole governor cuomo mess in new york. right now they're moving very, very quickly and demanding documents and information supporting the governor's case because they want all of this by friday the 13th, and then things could escalate and move very, very quickly. bryan llenas with the very latest on where this is going. bryan. >> reporter: neil, look, his political future aside for a moment, the governor's legal troubles have taken a serious turn. the first criminal complaint has been filed against cuomo by an unidentified executive assistant who's made the most serious
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sexual harassment allegation as documented in that a.g.'s report. she claims she was groped just seconds before taking selfie with the governor in the executive mansion in 2019. e says in0 2 cmouo putut handernd hnd hnd hlo aro he rt. now, cuo'suouo oiceeefhe inde t pol peolic four monthsgo. a o'syor sneoror about the itit,te:. te weeurct of or theovrho iho aicroscopescsc toobbb an emretsn theeiddl koforkaykttis man mon ce. this simispl syyy hap hap thvernveveasee publicblicbl appearappncera sine ess bsbshellbs rlleporll beennn bke b b up binsip hehe gorngornansionan inianal ini b wherewher yayteaytee ayrk post" caught him lounging poolside in these photos with a woman identified as his secretary typing away on her laptop. now, cuomo is reportedly thinking of having a press conference. new york's democratic party
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chair and cuomo's friend jay jacobs spoke to to cuomo and urged him to resign. >> he's someone that won't give up until the very end. the general sense of it was that he was still looking for his opportunity to make his case to the public. he feels he's got something to say is. he doesn't agree with the attorney general's report, and he wants to put that out there, and he's looking to see if it's possible that he make his case and that perhaps people's minds will be changed. >> reporter: cuomo's office says they will cooperate with the ongoing state assembly months-long impeachment invest which is nearing -- investigation which is nearing its completion. neil: bryan llenas, thank you very much on all of that. in the meantime, speaking of new york and elsewhere, there is this whole spike in cases that the city and the state are dealing with including requirements right now that if you're going indoors, you better have proof, especially if you're going into restaurants, you've
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on a full line of vehicles. at the lexus golden opportunity sales event. get 1.9% apr financing on the 2021 rx 350. experience amazing at your lexus dealer. ♪ neil: -- [inaudible] would you support businesses that require it? >> look, a private business can make that choice. and then employees can can take them to court and challenge that. but i would be with discouraging that, because really what they're doing is they're delaying the return of the work force. de blasio said enforcement would begin of his edict on september
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13th. the nypd rightfully said don't expect us to enforce it. who's going to enforce it? neil: all right. curtis sliwa what is running for mayor of new york. might have an uphill battle, but he is resonating on some key issues including some of these new requirements about to to go into effect in the greater new york met to are to poll tan -- metropolitan area including giving proof that patrons are vaccinated and/or testing negative for the virus. as if my next guest doesn't have is enough headache dealing with staffing issues and coming out of this pandemic nightmare. tyler is the owner of the festival café in new york. very good to have you. how are you going to handle this? >> neil, thanks so much for having me on the show. first and foremost, we've got to be clear about something. the government should not be forcing the private sector, small business, to do the policing that the government should really be doing themselves. at this point everyone who works
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here is vaccinated, and we do not require proof of vaccination. however, come september 13th the state is imposing massive fines and penalties for businesses that don't comply. so it's a burden on the small business because now i have to hire somebody, an extra employee, somebody else who's on the payroll to just check vaccine cards. and for a business that's already been suffering an entire year, this is even worse. neil: how do your customers feel about this? obviously, they know this is coming. how are they responding? >> the customers have always felt safe not only during the pandemic did we create specific, private covid-safe dining cabanas and chalets on the sidewalk to make everyone feel safe, we also uphold a very high level of cleanliness. so all of our customers, all of our fans love what we do, and
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they are completely against this kind of discrimination. neil: i'm just wondering where it goes though because, as you said, you're obligated or people are obligated to check this out. and then if you don't or something goes awry or a customer snuck in there and you didn't check them out and they had not been vaccinated or were testing positive for the virus, you're on the hook for that. >> absolutely. what the mayor is creating are situations ripe for conflict, and we shouldn't have to get in the middle to deny somebody the right to come to a restaurant, the right to eat and dine inside, the right to patronize our business because, let's be frank, need the help. we need the business. we need all the help we can possibly get if we're going to stay alive. neil: how are things going these days for you? >> i mean, it's terrible. it's absolutely awful to be a small business in new york city.
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neil: but you're obviously a destination. your customers love the place. i mean, how you dealing with that part of it? and, of course, the the labor issues -- >> oh, god. neil: how's that part going? >> it's incredibly tough. for a government that's currently paying people way too much on unemployment so they don't come back to the work force to now put restrictions on the work force that they have to all get vaccinated, think of the businesses who have unvaccinated employees. come september 3rd -- 13th, they're going to have to fire all these people. so now you're even harming the work force even more. the fact of the matter is in new york city everybody who worked in hospitality, who lived and breathed it, frankly, got up and left. the work force is very, very lean right now, and we have such an amazing team here at festival from the mixologists to the chefs to the front house to the back of the house. our team is tight, and we're a family, and we are going to get through this together because let me tell you one thing, we opened september 1st of last year in the middle of a pandemic, and we are still here.
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we're coming up on our birthday, and we're going to celebrate in style. neil: well, even if you're getting tired of it, you can have one of your espresso martinis -- >> hey, i -- neil, i got one for you behind the bar. whenever you drop by, let me know. neil: that's awesome stuff. that's a whole separate story -- >> happy hour starts at five. neil: yeah. all -- it's got to be a drinking hour somewhere in the world. thank you very much. hang in there. you've got with great stuff, great food, great respect. you don't need this. tyler, thank you very, very much. we'll have a lot more after this, also crunch of some of those jobs numbers and concern that as great as they are, and they are, they might not entirely cover the period that includes the spikes in cases. so that could be a worry going forward. the read from the former labor secretary of the united states on that after this. ♪ -- back, jack, do it again. ♪ wheel turning round and round.
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the sleep number 360 smart bed is on sale now. it's the most comfortable, body-sensing, automatically-responding, energy-building, dually-adjustable, dad-powering, wellness-boosting, foot-warming, temperature-balancing, recovery-assisting, effortlessly life-changing proven quality night sleep we've ever made. save up to $1,000 on select sleep number 360 smart beds and adjustable bases. plus, no interest until january 2024 on all smart beds. ends monday. ♪ neil: all right, some numbers we're getting right now out of
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the u.s. government concerning those who have been vaccinated in this country. right now we've hit of a bit of of the a milestone where half of the population is fully vaccinated and 70% have had at least one shot. we have heard this is building in literally just the last couple of weeks. it could be the spike in cases that has people going out and getting vaccinated, but it's picking up the case. gary kaltbaum back with me to get his take on this. think about it, gary, so much, i know earnings are important, interest rates staying stable are important and all that stuff, but if you think about it, at the crux of this is the great post-pandemic coming-out party, more vaccinations assures that party continuing to happen. so i would imagine numbers like these will be welcomed in the markets because we don't want to go backwards, right? >> this is everything at this
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juncture. and, you know, in the markets they say price movement makes people take action. the numbers on the virus over the last 4-6 weeks have people taking action. we actually have some lines in florida here to get vaccines right now for the first time i've seen many quite a while. in quite a while. so it is good to see. and imagine a time, again, when we don't have to look over our shoulder anymore. wewe had that before the virus and, you know, there's so many things that are still -- no pun intended, the cruise lines but also business travel, i could s.t.a.r.t. with that and and so many other things, not to mention government giveaways that need to go away. the more people that get vaccines and, hopefully, delta plus doesn't make things worse, better going forward. and, again, not having to even think about it means a lot to the economy which should mean a lot to the markets. neil: you know, you're a great
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read of the markets, but you're also a great read of psychology because that does play into the markets. when people are afraid, i wonder if they pull back a little bit or reopenings or in-person reopenings are put off even a few months in the case of amazon, does that feed on itself? you wouldn't know it looking at markets today, in fact, you wouldn't know it looking at markets really throughout all of this. the worriers are in the minority here. but when you also see all this nightmare around travel and tens of thousands on spirit airlines customers and the rest who can't get flights and all, will that give people pause to travel? that sort of thing, does it feed on itself? >> everything counts, especially in travel. you know, one thing people think about are their families and safety, that when it comes to travel and covid and getting together in the arenas and stadiums and broadway and things
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like that, you know, people will think twice if this thing worsens. so every day that more people get vaccinated and we can get to this immunity, the better it will most certainly be. i can tell you firsthand i know plenty of people that still not do anything, still will not go places regardless that they got vaccinated because they hear about one person who got vaccinated that got the delta virus and they're in a hospital right now. so again, if we move past this, it is huge for the economy going forward, and we already have all the easy money we need. i think we'd have a big, you know, forward once we do get past this. neil all right. gary kaltbaum, good stuff. thank you, my friend. as we are looking at all those markets, also looking at interest rates backing up here but for all the right reasons, a pickup in economic activity and a surge in jobs, 99 43,000 --
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♪♪ all right, here is the great news, millions of us are taking to the skies again. here is the fact news. remains of us are taking back to
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the skies against and you hear flight cancellations and tens of thousands across the country and thus spirit) and everything else. sorting through all of that, the good, the bad and everything in between. >> you are all good, we've been watching flight tracking website slight aware. according to them, spirit airlines canceled 38% of their scheduled flights today and passengers are trying to adapt. >> i've been worried, i've been up all night taking flights and so far it's good. >> it was bad, we had for canceled flights and then we didn't end up able to fly with them, they made us go to united or delta because they couldn't take us. >> this is the sixth consecutive date of cancellations which they blame on a combination of weather, system outages and staffing shortages. spirit ceo ted christie says his small airlines is not for this
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disruption but can learn from the experience and earn back passenger trust. >> that starts with building the airline back, making it as reliable as we want to be but it's going to take time to build back the confidence and earn their trust again. we are up for the challenge. >> american airlines tells fox news it's operating normally systemwide. earlier this week severe weather in the space -- dallas-fort worth hub resulted in cancellations and 100 diversions. this is u.s. airlines scrambling to meet increased consumer demand for travel, five out of the past seven days about the tsa report passenger volume exceeded 2 million. we are not at 80% pre-pandemic levels the same time back in 2019. neil: that's incredible. wild stuff. thank you.
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the tough part of this is when you have delays, cancellations, a lot of angry customers. >> we've been through a hard year. we deserve better. neil: all right, jared you've been following all of this, it takes a while for people to get long lines and canceled flights and you can get coupons and free travel down the road but it's dicey whether they will take advantage of it. what you think of what's going on? >> it really easy to blame spirit or american if things go wrong but understand the mechanics and logistics behind air travel but maybe you can feel better. when 100 planes get diverted to like ten different airports, if your airline is shortstaffed and the airports have taken ten
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each, the airlines are trying to shuffle shortstaffed after the different airports and move the planes around so it becomes this and the other thing to remember is crews, pilots, copilots and even the pilots. they need to get to rest so they can take off again though one, let's have a little empathy if we can, it's not just the airline's fault. the unpreparedness, they played off pilots, a lot of pilots took off early retirement and they are not coming back. neil: i know you are very understanding and believe me i understand it would help if they were a little better prepared, the bookings were there and they obviously were not ready. now whether played apart and i get that but it's going to make people, we've been talking about
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this in the last segment, the role first place and people seeing something like this may be limited but they might think twice about airline travel at least in this environment. >> that is a benefit, we could talk until we are blue in the face about the pilots and the struggle they face, but at the end of the day, the guy lying on the floor for 24 hours from vacation, how do we do this? unfortunately consumers, it is hard for the airline to give more. so i am not sure from a pr perspective how they are going to get back faith, spirit has a rough replication, i think we will have to take big steps with eric's giving free food or whatever something you want that
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compound things but you're right, all of the airline industry is already seeking help from the faa and airports to get a handle on some of these pressures that built up in the behavior and often times unruly passengers. what you think of that to push better behavior? >> that is a cultural thing. you get on a plane and wearing a mask, were already probably in their, you're in an uncomfortable spot. i don't know, it become okay. people are posting it, we are seeing in the has to be a breaking.honestly, they are not taking it lightly. i think as these escalate chemotherapy lessons learned. i just think people need to behave better and it would be better for everybody but it's hard.
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it's a pressure cooker. neil: it is. not everyone say : like you can. i want to get your take on the airline industry and how it might react to this push on the biden administration but coming from abroad houston vaccinated, obviously it's good for safety and all of that but they could limit this return of european nation and the world overcoming here. >> it could so we are seeing again with travel there, here's the thing. there will be a limit in european travel, i think that's going to get ticked up. airlines can't handle but they have now. americans are still excited just to fly. want to get out and fly. i'm okay with some airlines, delta and american, i think what will happen is lunacy arise in
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travel and shift marketing incentives toward domestic and north american travel to make up for some of the missed opportunity europe. how that plays out monetarily, european trips, they bookmark they are more profitable and they are carried back and forth which is profitable for the airlines. they just carry more partials and postal service stuff to pick up the slack. i don't think it will be that kind of effect. neil: usually they don't get unruly or throat drinks at each other. >> they sit quietly in their seats. neil: thank you very much. united airlines is requiring all u.s. employees to get vaccinated by fall. they must show proof they have been vaccinated or they are not welcome.
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943,000 more jobs added to the economy the latest with upward revisions in the past couple of months over 1 million 800,000 new jobs a month average this month and this is a trend the administration says is an indication of the biden economy. former u.s. labor secretary of the united states might have a different view on that. it's always good to have you. thank you for coming. >> my pleasure. neil: what did you make of the report itself? brother butter expert when it report is coming out and when the data done. i suspect good deal of this came prior to the serious spike in cases so it might not be representative of what could
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happen this month but having said that, what you think? >> it's a strong report. we have added nearly 1 million jobs two months in a row, unemployment on to 5.4% from affect better on both fronts and projected. it was more than six years into the obama ministration we had 5.4% unemployment so historically, that is a quick number. we obviously still have progress we need to make. we still have people we need to get back to work from what happens with covered. the questions on my mind looking at the report first of all, where are the gains made? i've been very interested about the extent to which new york and california and other regulatory states, states that have been marked down, they are having a harder time putting jobs back and i'll be interested when we get the state data whether they've improved or whether we are seeing gains mostly in the states that ended the federal unemployment settlement earlier
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than what's provided. second, wages, what's going on with wages, inflation indications here and third, your question, what does this mean for the future? is us high watermark as public cases increase? this was taken in mid july before the cases began skyrocketing. neil: whether it could be sustained and not and you raised some other good points where the jobs are, we know in this latest month 380,000 in the hospitality industry, not a shopper but what drew my attention to 40000 were in government jobs, what do you think about? >> there is a big gain reported in state government education sector but as the labor department noted when putting the data out is probably due to
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seasonable adjustment. that number had been low through the school year so we are in the summer and when you adjust it, it looks better so it is an unusual job market so fluid from a lot of different things going on. in terms of why we are here, these are the numbers i thought we would seek when i left the job in january this year because of vaccine. i believe we had a very strong underlying economy and believe we could put back millions more jobs in the coming months. i said so, that's what we are seeing, a strong economy we had under president trump and we are seeing his vaccine program having an extraordinary impact. quickly on back, supporters of president trump and those who loved president trump, your viewers are among those, if you're not vaccinated, get vaccinated because the remains risk, i am concerned about the
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case trend, it's not as alarming as this would have looked a year ago because it's younger less at risk people of getting the buyers but the vaccine program was an extraordinary achievement at the president. that's what driving the numbers we are seeing now, not adulatory approach president biden is advocating. neil: he is trumpeting that producing big numbers. while i have you, one must question concerning the supreme court, i wonder what he would think of the progressive to kick breyer out to quit so the democratic president presumably can appoint his successor. he says he's not going anywhere, i'm sure he takes great offense to that but what you think? >> quickly on the biden
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policies, i think the biggest impact to date may have been unemployment is a little higher because of the generous federal benefit and advocates probably pushing wages up a lot essentially in leisure and hospitality sector. in respect to justice breyer, by the way, a very good friend of my father, he and his wife joanne, dear friend of both of my parents for decades before of them were on the supreme court. he's a wonderful man, dressed, you make a decision on his own terms on his own timetable. i don't know the claimant by the public one way or another will impose that. neil: so many people tell me you've been doing this a long time, have you ever thought about putting your feet up and relaxing parks i say i'll decide that but when my wife says that,
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i get a little annoyed. but thank you very much, very good seeing you. we have a gap of about 160 points right now, let's get your thoughts on what you think about just because it's an opportunity democratic president. on a level of politics aside, that's just me.
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right, you're watching jersey governor phil murphy speaking in new jersey and detailing his plan that masks be required for k-12 students throughout the state this fall. they'll still be in person classes, there was concern that they might be out so that's good news for parents but them asking for, cap and parents are not too keen on back.
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as everyone gets ready to get back to whatever normal was or is. lydia. >> new jersey governor phil murphy is making this announcement for masks for all public school students, this is a change in direction from a couple weeks ago when he said he would leave the masking decisions up to the local school district, individual school district and not mandating for all public school students across the state. new jersey's public cases has been trending up in recent weeks but vaccination rates are still among the highest in the nation. the city of los angeles is considering following new york city's direction mandating vaccine passports for indoor venues like restaurants, bars and other entertainment sites. l.a. city attorney such a letter to county supervisors suggesting they require proof of vaccination for indoor activities like dining and pacific counsel is separately considering a similar proposal
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product debate is happening from a corporate businesses are raising concern, policies will be enforced and whether it will cost money and affect their bottom line. while the debate about vaccines passport raises on across the country, the business platform yelp announced yesterday it's adding a new feature that allows users to filter businesses based on vaccination requirements so if you want to find a business that has a fully vaccinated staff or establishment not requiring proof of vaccination, you can search accordingly but it's up to the business to activate the feature and expose the information. yelp says it's monitoring review pages of businesses because the company says some businesses experienced backlash on their review pages for their vaccination policies. neil: thank you very much. you can sort out the legality demanding people go ahead and be
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vaccinated in a restaurant owner must prove that they are vaccinated. cnn as i'm sure you are aware, three individuals were fired for not getting vaccinated when they said they were. is that legal? >> it is and i think there's been too recent dynamics occurring mainly because of the delta variance. first, corporate america and various aspects of it have taken on the position of no more mr. nice guy. they basically said they're going to require vaccination as a condition for return of work which requires a truthful disclosure and there have been plenty of instances. you talk about united airlines, 67000 domestic employees, they are on the bandwagon together with other companies. google, netflix, cooper and others so that is a trend and certainly legal to do so.
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here in washington equal employment opportunity commission reiterated its dance and clarification that employers are permitted for purposes of the health and safety of the workplace and their employees to require those vaccinations as a condition for return to work. neil: what i understand the cnn situation they had a voluntary program. he must say you've been vaccinated it is understood your true to your word and the individuals that might have said they were but they weren't i'm wondering if the next step become proof that you have been vaccinated. many companies go on this policy for the next step to be making it more stringent. what you think? >> that's right into federal court and eeoc supports back. it is not common for employers and i think it's going to be an increased trend thanks to unfortunately the delta variance to require proof of vaccination
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provided that the company is going to honor the two narrow exceptions of religious and health concerns. they are able to require proof of vaccination as long as that information is kept confidentially a human resource file so i think you are right, there's going to be a trend that will continue but i think it's going to in the end, bring positive news as you've noted, we have good data today on the employment front and we have good data in terms of the effectiveness of the vaccine for corporate america has led the way creating this amazing vaccine technology. now we are looking at a brand-new trend of corporate america leaning forward in terms of requiring vaccination. i think it's going to help push us forward through the latter stage of the pandemic. neil: i believe it was los angeles county where a number of them set with everything i've got, going to go away after punishing businesses that might not be honoring indoor mask role
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or a host of other roles, you've got to be kidding. is there any legal all out for them not doing so? >> i think employers and businesses are going to be mindful of potential legal liabilities in the back and because if they are responsible for promoting health and safety in the workplace, their frontline and topline concern will be promoting health and safety for not only workers but for the customers who come in. while i agree law enforcement will have a lot of other things to worry about, it's really going to be the aspect directly related to business and revenue growth for companies to be able to promote the fact that they are carefully implementing this and look at what united did. they did it in a delicate way, there were clear or provided a lot of information, one free day of additional pay so little but as companies that i predict you
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will see a positive trend within corporate america is hopefully the delta variance will be brought under control. neil: got it. i understand better when you explain it so i'd love to have you back to explain some of the other stuff no doubt will be coming forward as this continues. by the way, interesting news on real estate that's booming even with the concerns about whether it overdone, very good example back, south florida and record low inventory of available conduct, record low. ♪♪
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everyday for the last year 100 million people have gone to work for 40 million working at home. the main going to work are police, firemen, sanitation, military, doctors, nurses, manufacturing, farmers, 90% farming community in north dakota, bank branches, cvs, walgreens, walmart, ups, fedex, people are obsessed with not going to work. it's got to work for us from a client, not just the employees. neil: got to work with client. have things started to change even since that interview, let's get a sense of what's happening. charlie casper regional on may be some changes? >> as we've reported, jp morgan
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first study a change in its return to work policies, i think on the table, possibly delaying coming back or reversing, in the middle of bringing everybody back. that is not happening. they're going to keep speaking bringing people back to the office but a lot more guidelines and looked across the wires right now. jp morgan put out a statement to employees. for fully backslid people, he will have to wear masks in common areas of the building, remove your mask conference rooms but at your workplace you must socially distance. you can be in large conference rooms, 25 people or more if you are fully vaccinated but again, you need to be socially distanced and encouraged to get tested regularly. if you decide to not get vaccinated, it's going to be
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even more difficult because a lot of stuff you can't do. you can come to the office but you have to socially distance had worth your mask at all times. he will be required to take irregular rapid testing at least twice a week. we are strongly encouraged to take pcr tests if you're not vaccinated. the bottom line is that they are bringing back people to the office, masks are going to be worn by even the vaccinated which will be really difficult thing to pull off. it will be an interesting case study and work roles with everybody walking around with masks because you can't necessarily when you have 20000 people or whatever jp morgan has, i think it's like 14000 people, it's hard to socially distance when you have 14000 people in the building so a lot of mask wearing at j.p. morgan and they are confirming a report on the review that would be a change and this is the change. the havoc on as far as delayed
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but they're making it a lot more stringent and there's going to be a lot more mask wearing indoors. neil: is interesting because the other financial place wells fargo which has more people across the country j.p. morgan chase where they have decided to push things back for in person return may be for various things you just raised and if you are going to maintain distancing provisions, you almost have to limit the number of people who would return in person. >> this could change, it will be interesting to see, they may delay it, who knows. we are not part of the scale in the delta variance we are in. i believe there are people like goldman saying if we are going to come back with masks, that's hard to do so keep an eye on it, will be on the news on the other
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stuff, wall street is just getting used to this stuff. neil: thank you. i want to get reaction from llc founding partner, this great return to work across the country but it's been staggered increasingly across the country. most barbara apple is putting it back and microsoft and amazon to next year, where you think this is going? >> it's hard to tell because i think everybody was patiently waiting after labor day when everybody was going to get back to normal, many aspects of the summer were normal for the consumer and the worker getting back to the office so i think what you see with wells fargo, just give headroom to figure it out, you will see financial institutions players follow suit
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just kicking the can down the road in hopes that the curve flattens on the double variance and has more information to break better decisions. they want the people back clearly. neil: i'm wondering how it's going if wall street is worried about it, we've discussed they have fresh funny way to showing. perhaps they seem to think it's a short life transitory, whatever you want to call it and we are already seeing vaccination rates rising where the cases were rising so how do you suspect this plays out? >> i think the markets do look forward and i do think that they think both inflation and caseload with the delta variance is going to be transitory. if you look at places where it spiking in the information about
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who's in hospitals, the vast majority of the population of hospitals are people who have nothing to do with covid-19 and the hospitals are making up for lost time surgeries and the like and when patients do check into hospitals, they seem to, quickly and mortality rates are lower so i think wall street is looking at the science and math and into the future. neil: we live in a world where people can move, they can decide for themselves what they want to do and a good many of them maybe because of the pandemic are opting for other locales, are probably a good example of that. you bought a place in florida, why did you do that? responding to these same departments? >> i think everybody's situation is unique and different. in my case i retired from a place i worked for nearly four decades and it's time to make decisions about what's important. i've been doing a lot of consulting, i can do it largely
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remotely and one thing i've learned in almost 40 years of working, i don't like paying taxes some people from northeast and california and illinois are looking to places like florida for you don't have to pay state income taxes and that is certainly a motivation for my decision to move. neil: where you split your time? how do you plan to do it? >> i will split my time but i will become resident in the state of florida. if you call and say i need you for an in studio hit, i'll get on the next plane and fly back to new york but i'll split my time in florida will be my home base. we were there in the winter and in the midst of all of this, it felt pretty normal in february and march when places like new york did not feel normal at all and that's when i got bit by the bug to affect the way florida response to situations like that
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pretty rational and thoughtful and lives were saved as a result, it's a place i'm willing to call home so i'm going to be a proud floridian in the near future we will buy a house. neil: full disclosure, i am as well. i did want to get your take on what you make with what's going on there. the boom reported a little while ago, record low shortage of available condos, particularly in the southern part of the state. i'm wondering to get to overheated or what is your thought on what's going on over there? texas for example, another no caps state. >> it's simple, economics 101 supply and demand for previously articulated reasons and lung supply. biggest reason for low supply as many people in florida if they
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do sell their home from a parent in the same situation with families when there's no supply. what i have seen during the summer is more realistic sellers who were putting overly inflated asking prices and we are starting to become more realistic so that was a good sign and we did see a slight uptick in inventory so maybe things are getting a little more normal there. one think you have in texas, florida and other places, once it becomes storm season and with florida, maintenance terms, some folks from the northeast is seen news stories and think it's not for them. that didn't quote the buyers, it reset things but i have a feeling from fall especially if people are working remotely still, i think we will see another flurry of activity in florida. i wouldn't call it a bubble, but certainly a big boom. neil: i would agree.
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you could probably from the other way knowing i agree with that. congratulations again, very impressive career. we should also update you, you know about this shortage of truckers and drivers you might recall, if you can't find a human being to do the job, what about a machine? a truck that drives itself. ♪♪
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domestic travel is really up this year because of -- places like europe and asia and all about but there are so many great choices and opportunities right in this country including new opportunities. the great american road trip at the museum of the american revolution. that sounds pretty cool. what's going on there, jerry? >> in soquel. we are at the museum of the
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american revolution philadelphia pennsylvania, look around. we are in route. i'm keeping my voice low, it's kind of sacred in here. there are 43 different flags and the designs you will see all different because our flag we used today wasn't finalized until president eisenhower put out an executive order in 1959. these are amazing facts, everybody is enjoying the views of them. the goal of the museum here is to tell stories of the people and events that sparked the american revolution, ongoing experiment in liberty, equality and self-government. listen. >> we talk about the american revolution is an ongoing experiment liberty, equality and self-government. we reflect on the fact that this is unfinished and ultimately hopeful and promising america has something to offer to the world.
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>> i have the opportunity to speak to people visiting here and they told me despite controversies over the sources of the revolution and why it happened in the controversy over the flag we've talked about on this work that they believe the source of the ongoing experiment in democracy, they are the american people and for that reason, they've lost the confidence. neil: thank you for reminding me of that. the fact we know now didn't become official until 1959 and even 50 stars. thank you for that. but spoke to david, the ceo. an interesting company because in this area to address what's gotten to be a big problem in this country. there getting part of it of interest. thank you for joining us. how does this work?
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if i were to pass one of your trucks and seek drunk driver, i might be concerned. tell me how safe this is. >> thank you for reminding me on the show, i am excited to talk about demo for a public highway. what this shows us is the future of transportation, what we are able to do is as you can see in the video that the driver is completely driverless. there's no driver in the truck and we were able to use technology to drive the truck completely harmlessly. this will be the future of transportation in a number of years. what we are able to do is demonstration of the future so if you are around the truck,
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truck is able to pick up all the surrounding information around and make a decision how to best and most safely direct traffic down the highway. neil: we have heard of cases in your situation tesla vehicles with driverless features, the auto drive feature. what is the danger here? it's still early, i get that but is there a danger? >> the technology is here after the demo is able to show that we are quite a few years from deploying this type of technology at scale. we take a prudent way of technology where safety is our number one concern. in terms of getting the technology deployed broadly,
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scalability onto transportation industry, onto our highway system, we need to make progress in three fronts. we need better validated, we need hardware to provide more level of redundancy regulators and better rules how to utilize the technology and we are making this on all three fronts. we are focusing on validating and improving technology safer than human drivers that's right right now, have trucks with drivers in them, driving technology performance before we can safely take it on. neil: you are maybe touching on it before but how does the vehicle keep up with constant road changes or all of a sudden different developments along the
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path. either avoid it, slow down threat, address that, what? >> we have sensors around the truck to take in all of the information in real time. we have cameras deployed, radars to provide multi- level redundancy in terms of what the information it takes in. they process it and form a view of what is surrounded and makes a dynamic situation on what the best approach to drive the truck. the trucks that are artificially intelligent, it makes it times times more. every millisecond and makes a decision, must patched her and when a human driver can react to so the sofa levels and decisions to utilize technology for the
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truck. neil: all right, keep us posted. obviously something is percolating here. david, ceo of plus. this is what we are seeing in other areas, it is the way of the world. if you can't find human help you need, make it. ♪♪
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colorful most lawyers are holding oppressor at 3:30 p.m. eastern time to gauge how they respond to the terrorist 11 women will keep you posted on that. here's charles payne. >> have a great weekend, my friend. got this is making money and breaking right now i'm at today's job report came and strong, on the surface, internal causes for concern and keeping the fed fa plus the delta. a wildcard delay movement but how much will it impact the market? speaker pelosi plans to make money on infrastructure contingent on passing 3.5 trillion in buying and spending. senator joe mentioned used federal

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