here they are and this week gary smith, john layfield and along with susie and emily sesman. okay. the tax cuts is that the best way? >> i think that they are brenda. look there's -- research comes out everyday and the latest says that there's a positive correlation between tax cuts and jab growth. even if we look back at real life examples. every major economic expansion that we have had for the last 50 years has been spurred by the tax cuts. kennedy in the 60s, reagan in the 80s and clinton in the 90s. each of them saw robust jobs. i think that the evidence is very clear. i don't know why you would not cut taxes. >> emily, you have a different view. >> yeah i think that we should put the job numbers out to p perspecti perspective. they may be low, but i think there's a little bit of perspective on that. as to the gop moving forward, they're catching on to something of this messaging and the populace sense in america. they're throwing a little bit of a bone towards symbolic really in the tax kucuts to the middle class. when we look at the job proposal and the hole, what they're do

here they are and this week gary smith, john layfield and along with susie and emily sesman. okay. the tax cuts is that the best way? >> i think that they are brenda. look there's -- research com

here they are and this week gary smith, john layfield and along with susie and emily sesman. okay.ax cuts is that the best way? >> i think that they are brenda. look there's -- research comes out everyday and the latest says that there's a posit

i want to bring in john layfield. we will start with yahoo!. down today.urnaround plan, some would say that it stalled. all kinds of speculation about marissa mayer's future as the ceo. john layfield. come back again, please. you are buying it. are you a fan of marissa mayer? >> i am a fan of marissa mayer. you have the cash from aly baba spinoff. all their long-term investments. their valuation of $30 billion is less than what they have in investments and cash. you are basically getting yahoo! for free. it looks like fair value right now. i am a fan of marissa mayer. the game plan just simply did not work. she talks about a reset which is incredibly worrisome. i think the game plan that she has, video and original content, people doing a better job of it and yahoo!. stuart: take a look at to pull tape. it is down today. foot traffic in the restaurant is not that great. down $45. six and a half percent. what is going on. used to be a highflyer. >> that is what is scary about some of these fast food tonics. they're in a bad it's three burgers. still, they a

john layfield, what do you think?at the time where ronald reagan was just starting his second term. then versus now? what do you think? >> i think then. i remember that movie very well. it is kind of like listening to a radio station and say, this is great and you realize you are listening to an oldy's station and it is your favorite music. i think that period you have gone through such a good recession when he first started raising interest rates that the country felt like they were getting a resurgence. it was mourning again in america. you had a middle east and russia that was backing off from us. i don't think our foreign policy is as certain. so our place in the world is not as certain. i don't think we feel like we did in 1985 that we are coming that strongly out of a recession. i don't think we are s. >> what do you think, john? >> simon, i apologize. >> it's okay. it was a very different economic era. we are in recovery now. what was most interesting to me, neal, about how much lower the unemployment rate is t

who better to talk about what is raining on america, john layfield, not even in america.rmuda. look at that. way to go, patriot. so, talk to you about so much, my friend. first, two-year, kick the can down the road, not addressing our budgetary ills. we're still raining down on all of this money. and no sunny skies ahead because we refused, we refuse to provide so much of as a bit of light, a bit of light for taxpayers. what do you think? >> i think you're exactly right. we kicked the can -- neil: literally just made that up just now. no, go ahead. >> we kick the can because the election cycle -- nobody wants to cut any type of entitlement program, even though that is best for long-term solvency of our country and entitlement programs. nobody wants to balance budget, if you do there will be a lot of pain. when you're taking 30 to 40% of debt to balance budget, take that out economy will hurt. you don't have a politician willing to do that. they have to get reelected. our election cycle caused a lot of this and just flat bad politicians. neil: worries me, john, maybe show

back to the markets, john layfield down in bermuda. i want to go straight to it. 17,000 by friday, what are your thoughts? >> i think certainly could. it seems to be that motor tum is carrying us up. it's a psychological barrier, anything more than that, the headwinds and economy are against the market right now. charles: why this remarkable reversal. it looked like when the job numbers came out and the dow was down 250. they said this is it, yields are going down and the market will crack down in 15,000. and how does that change in 48 trading hours? >> people are trying to find where the bottom is. second biggest economy in the world going from 7% to 5%, if those are real numbers, hard to tell with china, that's a 30% drop. that causes repraying-- repricing of markets around the world and namibia to australia and there is a contagion effect. i think we're looking for a repricing of markets and we're not sure where that price is. charles: so we gave up 2,000 from the high and maybe it's somewhere in between? >> i think you're right. i think we're-- look, right now

here they are and this week gary smith, john layfield and along with susie and emily sesman. okay.atest says that there's a