host: douglas holtz aiken, reaction? a million, 11 million are here illegally.cale is roughly 10 times that. right now the immigration and customs enforcement agencies detaining about 250,000 illegal immigrants each year. only about 11,000 are situated saye the federal officials -- someone is here illegally, let's go get them. ae vast majority caught for speeding ticket, they run that information and find out they are here illegally. there is a lot of detention and deportation being done almost by accident. assuming you get roughly the , we think is underestimates the scale of the problem. it will take a lot of conscious effort and change the character of america. if you think about the kinds of workplace raids that would have to take place to find people, intrusions into schools and homes. the social fabric would be different. obviously there is a big budgetary cost. people forget that this is about 6% of the labor force. i'm an economist. do it in two years and you guarantee recession. value take this at face would dramatic implications for our economy and bud

douglas holtz aiken is a former economic adviser to john mccain and inaugural member of the republicanan get his views on which way this election is going to go and what the pharisees are thinking. right? this must be stopped. you guys got to step in. these people under sane that are out there voting. and professor from university of chicago booth school of business under president obama. i know all your answers already because i was watching you last night austin. you did a good job. and diane swank founder and ceo. we're done with that segment. we have no more time. no. who wants to start. where will we be, jeff >> i'll go this way. is there a number that can either be too hot or too cold. do we need a goldy locks number? >> got a number. what hurt the markets last month you had better wage inflation and weaker headline payrolls. said the economy is slowing and said the fed has to tighten. we look for that to flip. better economic number in terms of the payroll but weakening or slowing that pace of job growth in terms of wage inflation. that's the combination that the market would li