jeffrey sachs has done that.modern-day of, if we remove ourselves from the foreign debate and that occurs, who will fill it? >> we are seeing it already with china and europe getting closer and closer together. the diplomatic, the financial, the economic and geopolitical relations are clear. everyone is looking at trump and saying "this man is just unstable." tom: with gdp, take the international relations and international economics unfolded on a factor of gdp. does it dampen u.s. gdp? >> it dampens u.s. gdp to begin with. first of all, u.s. exports are going to be hurt, especially if you have trade retaliation by other countries. after the weakened -- the weekend conversation with president trump and chancellor merkel in washington and the g-20 meeting in germany, you see underneath, some of the retaliation starting to take form. the second way is global gdp as a whole gets depressed if global trade is reduced and the u.s. being a part of that -- first.e final question the idea here of what the senate your advi

amy: professor jeffrey sachs and "unbelievably complicated" he said.ething that is not unbelievably complicated is medicare for all. this is something that, well, bernie sanders has talked about a great deal. i want to turn to what bernie response was to last night, you can't call it the state of the union address, but that -- the speech the president trump gate before a joint session of congress. sen. sanders: i urge president promises.p your tell the american people, tweet to the american people that you will not cut social security, medicare, and medicaid. further, i did not hear president trump tonight mention the words "income and wealth inequality" or the fact that we now have the widest gap between the very rich and everyone else since the 1920's. i did not hear president trump mention the fact that as a result of the disastrous citizens united supreme court decision, five to four decision, we now have a corrupt campaign finance system that is allowing buy electionso and undermine american democracy. how could you give a speech to the nation and

. >> jeffrey sachs is an author of the united nations world happiness report, which ranks the happinessstently place denmark at or near the top of the list. >> people want to live well. they want to have money in their pocket and in the bank. they want to trust their government. they want to be healthy. >> last year, america came in 13th place, behind israel and just a few notches ahead of mexico and brazil. >> usa! >> it's a ranking that might leave us scratching our heads. americans love to chant, we're number one. but we aren't always. what does denmark have that we don't? >> free health care. >> uh-huh. >> free education? >> yes. >> what about maternity leave. >> i think it's 12 months. >> paid? >> five weeks of paid vacation per year. >> it's not bad. >> meik wiking is the ceo of the happiness institute located in copenhagen. how can we be as happy as you guys? >> one reason the welfare state. it is focusing on reducing extreme unhappiness. investing in public goods that create quality of life for all. >> but this comes at a steep cost. danes pay more income tax than any other nati

jeffrey sachs, thank you as well.today. >>> still ahead, jeff sessions said he took a meeting with the ambassador of russia not as a trump campaign surrogate, but a member of the armed services committee. we are going to talk to another member of that committee, senator ted cruz. >>> plus, senator al franken in his first interview since he was misled by the attorney general when sessions was under oath. "morning joe" is coming right back. my business was built with passion... but i keep it growing by making every dollar count. that's why i have the spark cash card from capital one. with it, i earn unlimited 2% cash back on all of my purchasing. and that unlimited 2% cash back from spark means thousands of dollars each year going back into my business... which adds fuel to my bottom line. what's in your wallet? only tylenol® rapid release gels have laser drilled holes. they release medicine fast, for fast pain relief. tylenol® i realize that ah, that $100k is notwell, a 103fortune. yeah, 103. well, let me ask you guys.

jeffrey sachs, thank you as well.erican economy." >>> president trump loves talking about the power of social media. >> i really believe the fact that i have such power in terms of numbers with facebook, twitter, instagram, et cetera, i think it helped me win all of these races where they are spending much more money than i spent. >> but it's not about friend and followers. we are going to you take the ucla prefer who is traofessor w trump's cyberteam in cyberspace. "morning joe" is coming back. i can't wait for her to have that college experience that i had. the classes, the friends, the independence. and since we planned for it, that student debt is the one experience, i'm glad she'll miss when you have the right financial advisor, life can be brilliant. ameriprise youthat's why you drink ensure. sidelined. with 9 grams of protein and 26 vitamins and minerals. for the strength and energy to get back to doing... ...what you love. ensure. always be you. yeah, i just saved a whole lot of money by swhuh.ing to geico. we

jeffrey currie of goldman sachs. a timely conversation with him.ds have fallen for a second day. our guest host is a former bank of england governor. we were talking in the break. there seems to be a disconnect between politicians and what the people want. therought it back to financial crisis. why do people in charge of economies have little memory of what happened? mervyn: the economic profession thinkers assume we could, by passing new regulations, say the financial crisis was behind this and we will never see one again. the understanding of how the world economy worked was also faulty. in contrast to what people believed in 2008, 2009, fiscal stimulus has not generated a lasting recovery of the world economy. some parts system in of the world, europe, china, it is still very fragile. we have not put the financial system back in a state where it can withstand another crisis, which we may get if things carry on as they are. the political class felt we are back to business as usual. in contrast with the 1930's, when there was tremendous intellectu