Skip to main content

tv   MSNBC Live  MSNBC  November 25, 2016 4:00am-5:01am PST

4:00 am
issues that donald trump puts on the table that do need to be discussed, let's hope they can be discussed civilly in his administration. >> with that, thank you michael steele, susan paige, heidi and howard feinman. i'll be back monday night 7:00 eastern with another edition of "hardball." see you then. breaking overnight, one of the most iconic women in american television has died. we'll remember the life of florence henderson who generations of americans will never forget as carol brady of "the brady bunch." down to business, donald trump spends thanksgiving with his family in mar-a-lago but was working on his transition team as well. the great american past time not baseball, shopping. we'll look at the health of the economy one mall and one shopping app at a time. good morning, welcome to msnbc, live cover am on this friday november 25th.
4:01 am
i'm ali velshi. florence henderson has died. she was 82 years old and passed away at cedars-sinai medical center in southern california surrounded by family and friends. henderson famous for playing carol brady on "the brady bunch" and the show's many sfinoffs. >> mr. chairman, fellow architects and mike brady it gives me great pleasure to tell you that i found your speech. >> oh! great, honey, where'd you find it. >> it was in a very strange place. >> where did you find it? >> your brief case. >> oh, how dumb. oh, sweetheart, you are a life saver. mmm. >> is that all i get? >> she was also t first "today" show girl as they were nope in the 1960sing to weather and also light news. she was the first woman to host "the to the show" for vacationing johnny carson.
4:02 am
henderson was a mainstay on the small screen appearing on "dancing with the stars" in 2010 and hosting the florence henderson show and who is cooking with florence henner itson on retirement living tv until her death. maureen mccormick tweeted "florence henderson was a dear friend for so very many years and in my heart forever. love and hugs to her family. i'll miss you dearly." the anational ka cad me of television arts and sciences called her one of the truly great entertainers not only america's favorite tv mom but television royalty. florence henderson dead at 82. now to donald trump's transition into the white house and more cabinet moves are expected potentially today. the "new york times" reports that private equity investor wilbur ross is expected to be named commerce secretary. ross is the kind of hard bargaining billionaire trump promised to appoint if elected, as someone who placed his place in money and manufacturing he shares trump's skepticism of
4:03 am
recent trade agreements and suggested that any new tariffs will be varied. >> people are tired not of trade, but of bad trade transaction, bad trade deals. this will be much more surgical, much more product by product, much more country by country and much more preceded by negotiation. >> and the secretary of state led to some thanksgiving day draw ma yesterday this election did as reports continue of rival factions within the trump camp choosing between trump opponent mitt romney and loyalist rudy giuliani. yesterday trump's campaign manager kellyanne conway shared a politico story about the infighting writing "receiving deluge of social media and private communications in response to romney." she also invoked former secretaries of state henry kissinger and george schultz who "flew around the world less, counseled the president close to home more and were loyal." good checklist. it's an apparent dig at romney
4:04 am
for not backing trump as the nominee. it was a working holiday for president-elect donald trump who spent thanksgiving with his family in mar-a-lago while tweeting about ongoing efforts to keep a campaign promise. "i am working hard even on thanksgiving trying to get carrier air conditioning company to stay in the u.s. making progress. will know soon." you recall in february carrier announced it would be closing its indianapolis plant to move to mexico potentially leaving up to 2,000 people out of work. carrier responded it has had discussions with incoming trump administration, but there was nothing to announce at this time. among the promises for his first 100 days, president-elect trump proposed what he called the end of offshoring act to punish companies that move out of the country. >> they leave the united states, like carrier, and what do we end up with? we have unemployment, tremendous losses, and we have none of the
4:05 am
benefits. so we will establish tariffs that when they do that, there will be consequences. we'll work with them. we'll be nice, we'll be fair but there have to be consequences. >> kevin cirilli is in palm beach, florida, covering the campaign. kevin, news, anything we're expecting today in the trump transition? >> well, i would anticipate that there could be several more key announcements either today or over the weekend filling out president-elect trump's cabinet, of course, everyone expecting that dr. ben carson, the one time former political rival of president-elect trump turned one of his top surrogates to be named to the hud secretary position. i would anticipate an announcement like that sometime over the next couple of days, but you mentioned this and you are correct. yesterday trump meeting with
4:06 am
some folks in his inner circle as well as spending time with family. having very much a working holiday here and a very sunny west palm beach, florida. >> i'm used to seeing you with the other shot with mar-a-lago in the background which is why i said california. looks more like you are athey l.a. than palm beach. trump trying to take credit for the carrier air condition factory, carrier says no decision has been made. last week he took credit for ford keeping an assembly line in kentucky when ford wasn't going to close a plant. what's the became here, trying to force people's hands? >> two things. i think first and foremost he's trying to keep pressure on these companies signaling to them that yes, these were campaign promises that he made. i mean, several times on the campaign trail. i can remember particularly ahead of the indiana primary being on the campaign trail and hearing him go into these towns
4:07 am
in indiana and hammer carrier for even thinking about going to mexico, but the second point is that i really think that this is another signal about the potential to lower the corporate tax rate. that could be come early in the new republican controled congress. of course, there is bipartisan support to do this, to lower that corporate tax rate but with this new republican controled congress, perhaps there's an ability to get that done as one of the top priorities. obviously house speaker paul ryan tax reform has been one of his key issues, so look for that maybe president-elect trump signaling that that's coming in the pipeline over the next couple of months, once he takes office. >> kevin, good to see you again. nice spending the holiday with you, joining us from palm beach, florida. now to one of america's most time honored traditions, black friday. 137 million americans are expected to spend today
4:08 am
shopping, more people than voted, but black friday foot traffic was down last year, and is expected to sink again this year by 3.5%, because more people are shopping online and more people are shopping particularly from mobile seats. it's a mixed picture so far this month. according to npd which tracks these things, dollar sales are down year over year by 8% in the second week of november, but according todobe online, holiday season sales are reaching $1 billion online, an increase from last year and even big box retailers like target say they're seeing one of their strongest years ever but again that is online. and the "wall street journal" points out retailers have been getting out holiday deals even earlier this year and more often. walmart and jcpenney deploying holiday promotions weeks ago and the volume of email retailers sent to customers was up 15% from last year from early october to last week.
4:09 am
for more on the big picture we're joined by mariana atencio. the reliance on brick and mortar stores is going down but this is a big day for retailers. >> reporter: it's a huge day for retailer, ali. look at the line behind me here in the biggest mall in the country they've gotten as many as 217,000 people shopping on black friday just to give you an idea that's the size of the population of orlando and sure looked like that this morning, 1,000 people lined up outside the door bracing the cold waiting to get in on the deals. as you mentioned 137 million people expected to shop today, that excitement that anticipation is shortfelt on this line. i want to talk to some people and see what they are out to buy here. let's see, hey guys. how are you? >> doing awesome. how about you? >> reporter: what did you come to get this morning? >> some skaccratch-offs.
4:10 am
>> reporter: any tvs or clothes? >> no, i did that all this morning. >> reporter: many people expected to dot bulk of their holiday shopping. one more person. what do you hope to get? >> some purses. they said there's purses. >> reporter: purses, some scratch-off, we talked to some folks hoping to get in on some electronics, apple products, ali and black frida the most popular place to shop of all ainge groups. i'll have the tips, best deals and what that means throughout the day here from mall of america. >> mariana you have a skill as a reporter always talking to people at the scene, really getting the story about what's going on. i don't think i've ever seen anybody not talk to you. they're so consumed by their shopping they don't want to talk about it. i'm getting this and that, get out of my way, i'm shopping. that was interesting. people are determined. >> reporter: they paid no attention to me, you're completely right and that says a lot about what they're ought to get today, on a mission. >> good to see you.
4:11 am
see you through the course of the day, outside the mall of america. thank you. still ahead this morning, isis is not done yet, with the coalition bearing down in raqqah in syria, mosul and iraq, a massive attack near baghdad nowhere near the bulk of the fight. we'll be joined live by the former supreme allied commander of nato and europe to get his perspective. plus a check on weather when we return. generosity is its own form of power.
4:12 am
4:13 am
4:14 am
you can handle being a mom for half an hour. i'm in all the way. is that understood? i don't know what she's up to, but it's not good. can't the world be my noodles and butter? get your mind out of the gutter. mornings are for coffee and contemplation. that was a really profound observation. you got a mean case of the detox blues. don't start a war you know you're going to lose. finally you can now find all of netflix in the same place as all your other entertainment. on xfinity x1. welcome back. it was a drizzly day but some areas looking for snow. >> we are degree with light snow and drizzle into northern new england into maine and watch out
4:15 am
for slick roads as a result. we're taking a look at other parts of the country that we're dealing with. no delays but some stormy weather into central texas's , the pacific northwest anticipating problems later on in the weekend. the rain from crescent city to portland, some heavy downpours to contend with. we may see some of the creeks rise due to the series of storms coming through. moisture stretching down to central california coast down through southern california. beneficial rain for los angeles. as the storms move in, we will see mountain snow at times and strong winds. so looking at the thanksgiving holiday travel forecast, i mentioned some of the light precipitation we have into the eastern great lakes, that's something to watch out for on saturday as well for potential airport delays. we may see delays into san francisco on saturday due to poor visibility. be careful out there into boston, breezy conditions, rain possible. if you're driving in the center of the country, the weather
4:16 am
looks really good. we don't anticipate any problems on saturday, no major impacts, just on the west coast as i mentioned all the way to the east coast, possibly some snow into northern new england. sunday it looks a little more tricky as we go through, lax, may see some delays due to the rain coming in, early on sunday and overall better conditions for drivers. i think travel wise we're looking at decent conditions going through today into the weekend. it could be so much worse but most of the weekend looks good with just a couple of the exceptions that i mentioned. >> we'll check in with you later. good to see you. bonnie schneider with the weather. news from syria a u.s. servi servicemember has been killed when an ied detonated in northern syria half way between raqqah and turkey. it is the first combat death for the united states military in syria during operation inherent resolve an offensive against iceis. at least one other american was
4:17 am
injured in the attack. more than 300 servicemembers are in syria helping to recruit and train troops while american war planes bomb targets to help tens of thousands of militia fighters. the islamic state group is claiming responsibility for a car bombing that ripped through a gas station in iraq leaving 56 people dead. officials say another 45 people were hurt in the attack yesterday in hilla, about 70 miles south of baghdad nowhere near the fighting going on in mosul. the target appeared to be a bus carrying iranian pilgrims. the group was returning home after taking part in a major shiite religious ceremony in r karbala. the attack came one day after several small bombings in and around baghdad that killed 31 people and left more than 100 injured. joining us former nato supreme
4:18 am
allied commander now the dean of the fletcher school of law and diplomacy at tufts agency, james stavrides chief diplomacy analyst for nbc news and msnbc. admiral, good morning to you. what is your take on the latest isis attack in iraq, hundreds of miles away from the ongoing battle in hoe sul but in keeping with isis attacks on shiite pilgrims, shiite areas of warship and basically destabilizing iraq. >> indeed. as the news throws closes in on mosul and we go after rack qqah the islamic state is seeking to broaden the campaign, so you'll see more in iraq and unfortunately in europe and certainly continue to try to globalize here in the united states.
quote
4:19 am
it's going to be a challenging new year's. >> you have american advisers, kurdish troops, much better trained iraqi military and you've got shiite militias in some cases backed by iran. you have the forces of everybody in isil, a city of 2 million people, there might be a million there still. there's no way isis doesn't get defeated but the urban warfare is complicated. indeed. it was called the three-block war, fighting three blocks ahead of where you are. it's slow, it's painful. think stalingrad in world war ii. the islamic state has been bleeding fighters out of that city for a period of about six months. they're probably down to about 5,000 hard core in the city. there's well over 100,000 closing in on them. we'll win this but they can make
4:20 am
it painful. this will land on the desk of the new president. this is not going to be unfortunately resolved between now and january. >> let's talk about the new president turning back to what's going on in the united states, what's your reaction to president-elect trump's national security pick so far? >> we see lieutenant general michael flynn as the national security advice ser, extremely d line views on islam. the upcoming big pick is secretary of defense. the name you hear the most at the moment is retired marine general jim maddis, contemporary mind, solid officer, brilliant tactical war fighter, former centcom commander. >> if you remember during the republican primaries lipped say graham would apologize for what some of his opponents who were
4:21 am
running for the presidency would say, including for donald trump saying that when we take these anti-islam views, we put ourselves in conflict with our most important allies on the region and you can't win in iraq or syria without your allies. >> absolutely correct. the brother statement of that is that we can't kill our way to victory. we're going to need the hard power piece of this but the long game, ali, is going to be more on the smart power side of this, that's intelligence, cyber, using all the tools of national power not just the hard power piece of it. you certainly need both. the team thus far is going to be very skilled at the hard power side to be determined how we do on the smart power side which is going to be required as well. >> retired admiral james stavirides good to see you, thank you for being with us. >> thanks, ali. a massive manhunt under way
4:22 am
in central california for two escaped inmates. we'll tell you the cinematic way they got out. we'll be back after this. feeling 100% means you feel bold enough to... ...assist a magician... ...or dance. listerine®. bring out the bold™ ♪jake reese, "day to feel alive"♪ ♪jake reese, "day to feel alive"♪ ♪jake reese, "day to feel alive"♪
4:23 am
whmade plastics that tmake them lighter?rs the lubricants that improved fuel economy. even technology to make engines more efficient. what company does all this? exxonmobil, that's who. we're working on all these things to make cars better and use less fuel. helping you save money and reduce emissions. and you thought we just made the gas. energy lives here. for your pet, to do the best you should know more about the food you choose. with beyond, you have a natural pet food that goes beyond telling ingredients to showing where they come from. beyond assuming the source is safe... to knowing it is. beyond asking for trust... to earning it. because, honestly, our pets deserve it.
4:24 am
beyond. natural pet food. they say you shouldn't but your grand kids? how about front row seats to the best show in town. and that is why you invest. the best returns aren't just measured in dollars.
4:25 am
welcome back to msnbc. opponents of the dakota access pipeline spent part of their thanksgiving holiday in protests. demonstrations have intensified after hundreds of protesters set up camp. yesterday north dakota law enforcement issued a phone alert to residents warning them about the presence of protesters during the thanksgiving weekend. in new york city protesters marched through the streets in solidarity saying they stand withstanding rock. opponents say the pipeline will have an adverse impact on drinking water and disturb sacred tribal sites. there's a massive manhunt in central california for two escaped inmeats. the two men escaped from the santa clara county jail late
4:26 am
thanksgiving eve, authorities say four inmates cut the bars of their windows, then used bed sheets and clothing to rappel down from their second story cell. two of the inmates were immediately caught. police are investigating how they got a hold of the tools used to cut the bars but sheriffs deputies add this particular section of the jail is the oldest part of the facility constructed in the 1950s. officials say it's unclear if the two inmates on the loose are armed but they should be considered dangerous and desperate. police in israel arrested a dozen people in connection to the series of wildfires that have broken out across that country in recent days in what government officials are calling a wave of terror. residents have been forced to evacuate as the fire spread quickly due to dry, windy weather in haifa in the northern part of israel. an estimated 50,000 people have fled their homes as they've been engulfed by fire. prime minister benjamin
4:27 am
netanyahu said anyone implicated in setting the fires will be arrested immediately. up next, a look at the morning's top stories including the latest on the trump transition. more on what his cabinet picks tell us about the kind of team he's building. and remembering one of the nation's most beloved television moms. florence henderson went from broadway to the iconic role of carol brady passed away at the age of 82. we're back in a moment. do you feel at home here, i hope you still feel like this is a piece of your home. >> i love it here. i always feel like i'm coming home. >> you walk in the door here, florence, and i will tell you, we all smile. you're one of the things that we all think of. we think so fondly of you. what makes you happy in life these days? >> well, i tried to get up every day and say wow, it's a great day, i'm alive. i have four healthy children, five healthy grandchildren. i have granddogs, i have friends. i am so blessed to be able to still do what i love. i work all the time, and i'm
4:28 am
just grateful. says it won't let up for a while. the cadillac xt5... whathould we do? ...tailored to you. wait it out. equipped with apple carplay compatibility. ♪ now during season's best, get this low mileage lease on this cadillac xt5 from around $429 per month, or purchase with 0% apr financing.
4:29 am
4:30 am
generosity is its oyou can handle being a mom for half an hour. i'm in all the way. is that understood? i don't know what she's up to, but it's not good. can't the world be my noodles and butter? get your mind out of the gutter. mornings are for coffee and contemplation. that was a really profound observation. you got a mean case of the detox blues.
4:31 am
don't start a war you know you're going to lose. finally you can now find all of netflix in the same place as all your other entertainment. on xfinity x1. it is 7:30 on this friday morning after thanksgiving. i'm ali velshi. america is mourning one of television's most iconic mothers, florence henderson of "the brady bunch." the 82-year-old actress died of heart failure. she started her show business career on stage in musicals but in 1969 fans came to know and love her as mrs. carol brady the mother of a blended family of six children. the show ran until 1974 and for years more in syndication. here's one of the many memorable clips. >> sweetheart, big girls can have wishes, too.
4:32 am
♪ oh come all ye faithful, joyful and triumphant ♪ >> the national academy of television arts and sciences is remembering the actress as television royalty and a truly great entertainer. a northern california mother who has been missing for three weeks has been found alive. police officials say 34-year-old sherri papini was found bound with restraints along interstate 5 in northern california early yesterday morning. police say she was released by her captors and she eventually flagged down a passing driver. she disappeared while out for a jog on november 2nd but was reunited with her family thanksgiving day. the search continues for her captors. now to politics, donald trump is spending hadis thanksgiving in palm beach, florida, and could announce more cabinet positions as early as today. as kristen welker reports the
4:33 am
question whether he's building a team of rivals or loyalists. >> reporter: with the holiday now over he's poised to make new cabinet appointments as early as today. at the top of that list, secretary of state, trump considering two top contenders, former new york mayor rudy giuliani, a hard liner, and supporter from the start, or 2012 presidential candidate mitt romney, formerly one of his sharpest critics. >> donald trump is a phony. fraud. >> reporter: trump not tipping his hand, but one of his top advisers may have, k"receiving deluge of media and private comps regarding romney" and "some trump loyalists warn against romney as secretary of state" a sign trump world may be divided. the other positions in play, commerce secretary, billionaire wilbur ross at the front of the line, for secretary of defense, retired marine corps general james mattis is looking likely and transition sources tell nbc news his former primary rival
4:34 am
dr. ben carson is considering an office for housing and development secretary although he has no experience in the field. carson tweeted we must focus on what unites us all instead of what divides us. as for trump he tried to paint the holiday as a working vacation tweeting "trying to get carrier ac company to stay in the u.s., making progress, will know soon." carrier currently planning to move its indianapolis plant to mexico and confirmed they're in contact with the incoming administration. on the trail, trump railed against outsourcing jobs overseas. >> our jobs are coming back and our companies aren't leaving and if our companies want to leave, there are consequences. >> reporter: meanwhile trump's former rival hillary clinton was spotted doing a little thanksgiving shopping this week, and tweeted yesterday "i was greeted by this heartwarming display on the corner of my street. thank you to all of you who did this." >> our thanks to nbc's kristen
4:35 am
welker for that report. meanwhile jill stein appears to have met her fund-raising goal for recounts in three key swing states, michigan, pennsylvania and wisconsin, all three states went for donald trump. the campaign says it has so far raised more than $4.6 million toward funding the effort. this comes after a small but vocal group expressed concerns of possible vote tampering and russian involvement. the stein campaign says the recounts are not intended to help clinton but are an effort to "shine a light on just how untrustworthy the u.s. election system is." the green party has not singled out any specific evidence of fraud. let's bring in washington correspondent for "time" magazine jane newton small. we talked yesterday about this recount but it's not going away. jane, hillary clinton is being urged to call for a recount herself. where is this going? >> frankly there's just not much of a chance that the election
4:36 am
results are going to be overturned and you have to do recounts in what, three states and this massive huge upheaval and i don't think that's going to happen. granted there has been a lot of irregularities and michigan which just finally posted its official results i think yesterday she only won by or donald trump only won by about 10,000 votes which is pretty tight margin but none of these margins are so thin that you're looking at within 0.5% of the vote which triggerance automatic recount so therefore any kind of recount that we're looking at would have to be called for by the candidates, like jill stein or hillary clinton, and i just don't think these things are not going to yield different results for the presidential election. >> no. let's talk about the team that donald trump is putting together. we heard, we saw michelle reed go in, she's a democrat, we've seen the mitt romney idea, maybe making a team of rivals and then we see the loyalists, so what are we talking about here?
4:37 am
are we talking about a team of loyalists, a team of rivals or a team that might involve a democrat? >> well, certainly it's been a team of loyalists so far, but one of donald trump's biggest challenges as president is going to be to bridge between his, the establishment who he has to work with in order to pass all kinds of legislation, and with this very angry base that elected him president, and so with an eye towards re-election he has to appoint a lot of loyalists who helped him get elected and who will help continue to fire up that angry base, but he's also got to work with congress somehow. he's got to work not only with republicans but with democrats who still have the ability to filibuster legislation in this senate. they need 60 votes to get anything done in the senate and so if you are looking to sort ever begin to bridge then potentially a democrat in the cabinet might help for example barack obama named ray lahood, who is a republican, to his cabinet. it's not unheard of in order to create this team of rivals, and
4:38 am
other names mentioned harold ford, former democratic congressman and democratic congressman, congresswoman from ohio, sorry, excuse me, from hawaii, kelce gabbert met with donald trump this week. there's a team of rivals bridging with the establishment of the republican party but also with the democratic party. >> gabbert a reputation for criticizing president obama so might fit the ball. jay newton-small thanks so much for being with us. >> thanks. how will shoppers respond to the volatility in the days since the elecon? we'll talk to a leading retail expert on which trends we should watch and wall street's been on an historic tear since donald trump's election. we'll talk about how that could have an impact on your taxes. we're back in a moment. world ugly and messy. they are the natural born enemy of the way things are. yes, ideas are scary,
4:39 am
and messy and fragile. but under the proper care, they become something beautiful. ♪ i want a hippopotamus for christmas ♪ ♪ only a hippopotamus will do at the united states postal service, we deliver more online purchases to homes than anyone else in the country. and more hippopotamuses, too. ♪ so whatever your holiday priority, our priority is you. love or like? naughty or nice? calm or bright? but at bedtime... ...why settle for this? enter sleep number. don't miss the ultimate sleep number week, going on now. sleepiq technology tells you how you slept and what adjustments you can make.
4:40 am
she likes the bed soft. he's more hardcore. so your sleep goes from good to great to wow! give the gift of amazing sleep. only at a sleep number store, right now save 50% on the ultimate limited edition bed. hurry, ends soon! learn more at sleepnumber.com know better sleep with sleep number.
4:41 am
as part of our plan to bring back jobs, we are going to lower
4:42 am
taxes on american business from 35% to 15%. and we will massively cut taxes for the middle class, the forgotten people. i'll tell you, hillary, and you see her plan, she is going to raise taxes substantially, folks. [ booing ] we're the highest tax nation in the world she's going to raise tax, figure that one out. >> that was donald trump campaigning in scranton, pennsylvania, earlier this month. joining us is director for research for domestic policy at american enterprise institute kevin hassett good to see you. >> good to see you, ali. >> let's talk about taxes, 2017 could end up being one of the most consequencial years for tax policy since the reagan administration. do you see stuff happening on the tax front in the near future? >> i think next year will be the
4:43 am
biggest year for tax policy in my lifetime. if you look at the proposal that the house put forward their blueprint plan what president-elect trump talked about on the campaign trail, also the needs of dris stressed communities around the country. there's a lot of legislation to happen next year and really nothing to stop it. one of the interesting things you talked about it before they have this trick where you can pass legislation without exposing it to filibuster called reconciliation. >> yep. >> there's going to be two reconciliations next year because they didn't do a budget last year so they have to march or so do a budget for this fiscal year and then they have to do another one maybe late in the summer or in the fall. so this we've got two vehicles that aren't exposed to filibuster that they can put a tax reform in. i think it's likely to happen. >> the bunlgd tear process one of the few things that is referred to in the american constitution that congress has to do, congress is both republican and democrat have been massive failures at this in
4:44 am
recent years. we started to see some hope in the last year and a half or so. do you think we're actually going to get budgets and that they're going to be bipartisan? >> i think we are going to get budgets and i hope they're going to be bipartisan. there's a lot of interesting work being done on how taxes affect people and the blueprint plan that congress has put forward, house republicans is basically following the design that's been advocated by two guys who are completely nonpartisan maybe left leaning, alan they say the corporate tax is designed wrong especially for workers and we should do it this way and chairman brady embraced their view and it's really shouldn't be a partisan thing. what we've got to do is bring the jobs back to the u.s. and revitalizes appalachia, places that haven't done well once they lost their jobs as free trade expanded. we have to do something about it, should be a bipartisan thing. >> let's talk whether the taxes
4:45 am
in america are the highest in the world. because we don't apply our taxes fairly there are so many companies that pay virtually no federal tax. what's the real answer? >> sure. >> we talk about going to 15% corporate tax it would only work if everybody pays it. >> right, so the way to think about it is that we have a tax code that's optimally designed to screw workers because the big multinational companies, they can locate their activities say in ireland and then they can use fancy tricks to local their profits in ireland so they don't pay property tax in the u.s. ends up we'll have about the highest tax rate on earth but the taxes relative to income for u.s. companies is pretty darned low and the reason is they can play tricks to not pay the taxes. the thing though is when they do that it's the u.s. worker that loses really because the jobs in ireland, not in the u.s. the idea is to move towards a system where they pay a fair amount of tax on the activity
4:46 am
they have and not incentive to give the job to somebody outside the u.s. >> what do you think about the idea that the evaluations, the studies, the costing of donald trump's proposals during the campaign came out to be large deficit increases, initially we were talking about $14 trillion increase to the debt, then came down to about 3. it's not revenue neutral stuff. donald trump wants to do stuff that's going to increase the debt. >> i think first of all that because they can pass the bill the way we said that it has to be revenue neutral but ohm outside the budget window, one of the weird washington things so they will be able to pass a bill that's not revenue neutral in the budget window, say over the next five years and that's probably going to be necessary in order to pass the really big bill. i don't think that in the end it's going to be on the $10 trillion range. i would guess it would be on the $2 trillion range. there's lots of details that you can fill in, which is something they've done in that house
4:47 am
blueprint to make it so that you get some money from like limiting the state and local income tax deduction and so on, things like that, so they claw the money back by making the base wider and then they can get lower rates. i also think getting down to 15 is going to be tough and so once the budget realities hit congress and they try to legislate something they think they can pass through the house and the sate at that point they have to maybe cut down the deficit increase quite a bit. >> kevin, always good to see you. you make it so clear for us. kevin hassett at american enterprise institute. still to come on "misnbc live." >> we'll bring your jobs back and i will keep companies from leaving. >> donald trump tries to keep carrier from sending jobs to mexico. another one of his big campaign promises. can he. ul pull it off?
4:48 am
4:49 am
4:50 am
4:51 am
professor, god to see you, we just had a conversation of the economy general under donald trump. the consumer confidence numbers are the highest they have been since may. for whatever it is, americans are believing that donald trump is going to make this a better economy for them. >> i think that's true. i look at it is that there are two group of consumers. the ones that backed trump and really happy and the ones that did not is going to drown their sorrows. >> either way. a lot of consumers act on the bae ba bases o f expectations and not the current situation. people feel like they keep their jobs of the certain segment of
4:52 am
the economy and there maybe a tax cut. >> the reality of that is not what's important. consumer spending in this country is based on sentiment. history would tell us you have to shackle the american consumer and hold them and tie them into a wall to not have them shop. it takes a lot for them not to want to shop. people enjoy the activity and it is not just buying gifts or purchasing things. it is the fun or the entertainment or the utility they get for shopping. >> any gifts to -- i fall for any one of them. >> i don't think there is any gimmicks. i saw an ad macy's, if you buy $100 worth of stuff, you will get a $75 gift card. that's something they know. >> a lot o f the move this year
4:53 am
is the physicality is going out and lining up. those numbers are down because so much are shifting online and mobile. is there any major ejects to that or is it just a shift? >> the fact is a lot of people feel that everybody i buying on the internet. it is still only about 10% of the sales are on the internet. that under states the importance of the internet because people are getting information finding things that they like and going to stores and buy them. internet has a tremendous influence whether it is mobile or not. there is still the vas majority of purchasing going on. >> you made a comment. luxury is doing well this year.
4:54 am
thank you very much for being with us. when we come back, donald trump has not taken office yet. there is one group of people who say he will become one of the best presidents in history. we'll tell you who is saying that ahead. the world before me, the long brown path before me leading wherever i choose. the east and the west are mine. the north and the south are mine. all seems beautiful to me.
4:55 am
enepeople want power.hallenge. and power plants account for more than a third of energy-related carbon emissions. the challenge is to capture the emissions before they're released into the atmosphere. exxonmobil is a leader in carbon capture. our team is working to make this technology better, more affordable so it can reduce emissions around the world. that's what we're working on right now. ♪ energy lives here.
4:56 am
of bad breath germs% for a 100% fresh mouth. feeling 100% means you feel bold enough to... ...assist a magician... ...or dance. listerine®. bring out the bold™ mary buys a little lamb. one of millions of orders on this company's servers. accessible by thousands of suppliers and employees globally. but with cyber threats on the rise, mary's data could be under attack. with the help of at&t, and security that senses and mitigates cyber threats, their critical data is safer than ever. giving them the agility to be open & secure. because no one knows & like at&t.
4:57 am
while president-elect trump faces a tough country. he's getting high praise from another part of the world. russia. in a recent survey, research center just under half of those questions said if they had the chance, they would have voted for the president-elect trump. only 4% said they would cast their ballot for hillary clinton. the remainder would not have voted. about third of russians think that mr. trump will go on becoming one of the best
4:58 am
presidents in u.s. history. u.s. intelligence officials alleged that the russians government were behind the e-mail hacking. which moscow denies. that does it for me this hour. my colleague, staphanie, is picking up this story right now. >> sad one to start. she started her career on stage and soon become television's most iconic. this morning, actress florence henderson dead at 82. >> it is called black friday but some shoppers could not wait hitting the dinner table and the stores on thursday, thanksgiving day, officially kicking off the
4:59 am
holiday season in terms of shopping. you know what people love to do. america's mom has passed away, henderson was famous for playing "brady bunch." she passed away from a heart failure. >> she was known as america's mom, carol brady. ♪ here is a story, ♪ ♪ a lovely lady ♪. starting at 1969 and reruns, that lovely lady starred on "the brady bunch" settling down in southern california. >> when you come back to earth, could you tell the boys come in and straighten up their room?
5:00 am
>> yeah. >> henderson helped raised a generation of kids with her optimistic wisdom. the brady brunch shows a non traditional family could work, an idea way ahead of its time. >> born in indiana, she was the youngest of ten children. the stunning beauty made her mark. that break coming right here on the "today" show. in 1962, she's becoming the first woman to host the "tonight show"