jay powell doesn't understand it and he'll get a lesson just like canada and mexico did.art: that's a rosie outlook and fix the tariff situation and go for the tax cut extension, and you figure out how to lower interest rates. the market and economy would love that. >> it's deepening them and include ago cut not just in the corporate rate but seeing a cut in personal income tax rates and getting ashed the whole blue -- arnett the whole blue state and salt detoxes. stuart: rosie forecast if i ever heard one. >> it's great for a monday morning. stuart: you're all right, steve. glad to have you on. thank you, steve. back to the markets and they're coming back a little. after both the president of mexico and trump said they'd pause tariffs for a month. by the way, mexico is sending 10,000 national guards troops to the border to stop the drug flow into america. everybody likes that. jason katz with me this morning. looks like things are moving and looks like trump's hardball strategy is working; right? >> just another manic monday, stu. you know, i'm z surprised that investors

and so it feels as if, at least based on how jay powell characterized things last week, they're at at where they don't really see huge risks to doing nothing. is that is that fair? >> yeah, and i was. >> fascinated this morning or yesterday. >> where president trump said he agreed with their decision. >> yeah. >> that's news, i'll. >> tell you that because. >> he rarely. >> agrees with powell on the fomc. >> look the real. issue mike isn't the real issue. here is. >> what. >> does the. >> fed control. >> and i'm going to give you a quick numerical breakdown. the federal government last year fiscal year just ended in october took in $4.96 trillion in revenue. >> that's taxes. >> and fees. they paid out almost $1 trillion in interest. so imagine a business that 19 or 20% of their. intake goes to paying interest. you wouldn't invest none. none of our viewers would invest in. that business. now that. cost is going up. because the seven and ten year treasuries. >> that were financed at. >> 2% are now going to be issued under secretary bassett at 4.5% or four plus percent. my point. >> is.