and you know douglas holtz-eakin, on this subject, we went through morehouse college grads first year of jobs 12% higher pay than national average with a guil gilt edge list of employers biden is being racist on this but also wrong factually, they are doing great. but you know it would be nice if we didn't regulate the small owner operated businesses out of business. in the next 4 years, under second biden administration. i think -- i mean, i think that regulatory story doug is u this is where bidens have achieved unbelievable reregulation across the board. this is unfortunately one of their greatest achievements. >> well, they are trying to sing to -- cement it, they are pushing regulation out the door as fast as they can if donald trump is elected president, republicans control house and senate they cannot role the regulations back. if they are trying to make sure that 1.6 trillion plus stays on the books it would be a permanent burd everyo burden on companies, we have tracked this since forum of the open there has never been anything like past couple of years on regulatory front, o

we have steve moore, douglas holtz-eakin. regulations by the way are just struggilng the economy and very important. they will tell us how we can make the economy. i'm kudlow.et we'll be righthe back. elp you me the right investment and benefit choices. so you can reach today's financial goals and look forward to a more confident future. voya, well planned, well invested, well protected. when enamel is gone, you cannot get it back. but you can repair it with pronamel repair. it penetrates deep into the tooth to actively repair acid weakened enamel. i recommend pronamel repair. with new pronamel repair mouthwash you can enhance that repair beyond brushing. they work great together. a test or approve a medication. we didn't have to worry about any of those things thanks to the donations. and our family is forever grateful because it's completely changed our lives. and they're all coming? those who are still with us, yes. grandpa! what's this? your wings. light 'em up! gentlemen, it's a beautiful... ...day to fly. (jennifer) the

want to bring in douglas holtz eakin, former congressional budget office director and american action. >> you have to be concerned about the prospects here, i understand the patient's she's trying to display but you can only run losses for so long. i would be surprised to see new franchises in california. if you look at what businesses do they will minimize the cost of delivery. to get people to order on touchscreens instead of having people take their order, all that. -- bad news for employees and franchises for less opportunity to go elsewhere. >> looking at the economics of california, seems like a model, more regulations, more taxes on residents, seems tough. >> looked impossible to me. public policy is designed to build a better utah because people can't survive in that environment and we've seen that. a lot of things california does become models for what the left wants to do nationwide. it's worth watching california starting the drive, they pushed the rule for these franchisees and the franchise business model. edward: another inflation gauge on friday. if it comes in flat or

douglas holtz-eakin, former congressional director and our own steve liesman and rick santelli.and i guess maybe i just quickly would ask stephanie, since you trade. you make investments all the time. what would be worse? a really hot number or a really cold number, or are they equally bad and we just sort of need a nice goldilocks number? not too hot. no too cold. >> i want a good number. i'll take a hot number. a strong job market has been the backbone of the strength of this economy, and we have seen good numbers across the board in other areas of employment. weekly jobless claims, four-week moving average far from recessionary at 210,000. we have the challenger gray year-to-date. layoffs off 6.4%. this is very important. driving the consumer which is 70% of the economy, and the economy is growing 2, 2.5%-ish good for earnings. that's what i care about. because earnings are revised higher and seen a beat rate of 80%. >> going to rick. rick, we know that some people that just -- they just think that inflation comes down after unemployment goes up. so we're not going to see inf