steve forbes joins me now, chairman and editor in chief of forbes media. great to see you. to hear your opinion of what we are looking at today all morning. what is it? >> very positive. the trend is very, very much upward. vaccines are working and getting around. this economy is ready to surge. even states like california for political reasons are now starting to open up. in addition they opened states like texas and florida where they're booming. you see it in job openings. they're over 6 million. in florida, for example, you cannot get a construction crew for three months in the housing market. things are starting to perk and evidence of it posively going in the right direction. >> harris: president biden's white house chief of staff tweeted this. if you think today's jobs report is good enough, then know that at this pace it would take until april of 2023 to get back to where we were in february of 2020. steve. >> if they stop putting barriers in the way of the economy we would do it before 2022, 2023. that's why the administration is the greatest obstacle to the econom

jackie: steve forbes? cially. byron, before you go, i want to hit the question of the filibuster. what's been the reaction of mcconnell throwing down the gauntlet. is the republican party and senators totally united on this? and two, is it going to give pause to the democrats, especially manchin, they don't want a scorched policy that senator mcconnell has said will happen if they try get rid of the filibuster. >> i think it may have given some pause to some democrats. you have kyrsten sinema of arizonaing joe manchin of west virginia saying they will not vote to kill the filibuster. then you have dianne feinstein of california saying she might not vote either. it was a very powerful speech by mitch mcconnell and he pointed out that in 2017, less than four years ago, a majority, 33 -- 33 democratic senators signed a letter supporting the filibuster, opposing any measure to kill the filibuster. and now have they suddenly flipped around? the answer is yes, they have. in that letter 2017 a majority of republic

steve forbes, your expectations? nk zuckerberg once again is going to try to deflect all of the heat that comes on facebook especially going against conservatives but some of the way -- his so-called reforms actually would be hurtful, could be hurtful to smaller companies to put elaborate procedures to weed out postings that may not be illegal and it's protecting their own and how do you -- what kind of reform of section 230 do you make without an effect strengthening the hands of the big guys, they have the lawyers, the small start-ups don't. i think you will see modification is actually coming on sullivan versus "the new york times", 1964 supreme court decision which gave this broad blanket of immunity not just to mention section 230 but it's a more defined approach rather than during beck and others would like which is putting them in the cat bird seat as they used to say. maria: mark, what are the options here. antitrust is a lot of issues. a lot of people feel the companies have become bigger and more dominant th

let me bring in steve forbes.ed that we didn't get more real data on what actually happened in terms of shenanigans going on. i want to ask the senator, in terms of the filibuster, joe manchin's been making noises about maybe changing some of the procedures around the filibuster, softening it a little bit. are the democrats -- can you really preserve the filibuster or is joe manchin going to cave or are there other democrats that will stand by and not let that happen. if you lose the filibuster, you're going to get hr1. >> you're right, senator manchin and sinema have been clear that they don't want to see the filibuster taken apart. we've got to maintain the filibuster if we want any sense of bipartisanship in america. .steve: do you think some democrats are in favor of the filibuster. >> at some point the table is going to turn. do they want to be on the other end of this? i think not. they'll have to think long and hard before they do further damage to the process. i think the filibuster will stand. maria: so t

stuart: steve forbes with us this morning. hat they're trying to stoke end envy, anger at people who do well. that's the whole thing behind this wealth tax, people who do well without their permission and control, that's what they don't like, this independent spirit. so they want to rouse anger. and that, of course, poisons not only the economy, but poisons politics and social life. it's got to be fought on all levels. and, by the way, this whole thing on infrastructure has the implication that only government can guide infrastructure in the economy. they forget that two-thirds of the infrastructure in this economy is the private sector. and where you are problems there like sometimes with electricity generation, it's because government mandates. biden's talking about the building these new generator, these pods for electricity for electric cars. and did government build gasoline stations? no. if there's a demand for it, the private sector will do it. there's not an infrastructure problem when the private is sector's involved.

stuart: steve forbes, thank you for coming on the show. >> thank you.tary janet yellen says we could have full employment by next year. stephen moore back with us this morning. you said on this show, famous words, the economy will take off like a rocket ship. does that mean we reach full employment much sooner than next year? >> what i was saying i think we have an economy set up for real massive recovery because of the "operation warp speed." not the $1.9 trillion spending bill which i think by the way is a negative. i'm predicting that we are going to have 5 million fewer jobs as a result of this bill by the end of the year, stuart, because we're creating so many incentives in the bill for people not to work. it is like getting economics upside down. we want to incentivize people to work, be productive, part of the economy. this bill pays people so much money. there is eight or nine expansions of welfare in this bill with no work requirements, none. now we have going to have a good second half of the year, no question about it, as we open our business

steve forbes, thanks for joining us. see you again soon. >> thank you, stuart.e he is. all right, dennis, let me put it to you like this: i'm looking for yield, and i'm not interested in your closed-in funds because i don't understand them, they're very complicatedded, and this is 2,000 of them to pick from. i'm going to go back to big name stocks which pay a viable and sustainable big dividend. what's wrong with that? >> nothing. there's nothing wrong with that. it's a direction that you should be going into. it's consistent with my idea of the things that if i drop them on my foot, they will hurt. goodyear tire, norfolk southern railroad, u.s. steel, they're all paying good, solid dividends, they're probably going to increase over the next several years. if that's the way you want to go, i cannot argue even if i wanted to. other people are doing well in high-tech. i wish them well, it's something i don't understand, but do i want to own dividend payers? absolutely. and the closed-in funds are very simple, they're elegant, and they pay dividends many of them on

my thanks to mark tepper and steve forbes for joining us for the entire hour. that will do it for us. "varney & co." is coming up next. i'm going to send it to stuart. stuart: good morning, jackie. good morning, everyone. i have to say fed chair powell speaks a good deal more clearly than some of the predecessors, he's easy to understand and this is what he had to say, the economy is getting stronger and money will continue. with result? a spike in long-term interest rate with the yield on the 10 year treasury moving up, i think the highest in over a year, right now 1.74%, big jump in yields. the result is a big selloff on the nasdaq. bottom line, down 200 points on the nasdaq, tech heavy and technology does not do well when interest rates rise. big tech clearly clobbered again, all the big name big tech companies are down premarket this morning. bitcoin, not that much price movement with the bitcoin $50000 per coin. overall, today the financial markets are all about the rising interest rates. mortgage rates are going up also. we are all over it. what a mess, t

steve: well, dr. seuss is still a big, big entity in the publishing world. according to forbesterprises took in $33 million because so many people are still loving and reading the cat and the hat. ainsley: who is number 1? steve: michael jackson. brian: very different. ainsley: cat in the hat says don't cancel that. steve: i went down in the basement, we have every toy. we have all the books. i looked at some -- i looked at some of the books on the list that they are no longer going to publish, they were written 50 years ago. some of the imagery has not aged well, so the good news is aside from those six, they have decided to go ahead and print the catalog. ainsley: i know that we have to go, when barack obama talked to do crowd, what i loved about the video, he was saying the characters and they were all laughing because we grew up with the characters. 7:18 now suing the state and joins governor whitmer is following governor cuomo's playbook and we will find out why that person thinks so next. it's moving day. and while her friends are doing the heavy lifting, jess is busy mov