horr here they are the bulls and bears, toby, jonas max ferris, and gary b smith. and john, you say this gave the green light for new jobs? >> absolutely. look what happened in 1947. we had 5 million americans on strike and the taft-hartley act enacted despite president truman objections and led returning soldiers to one of the biggest economic booms the country had. and the president got his hand caught in the cookie jars and appointing czars and going around congress, we need jobs and this certainly helps with that. we don't need to worry about unions right now, we need jobs, this is putting the cart before the horse.

the bulls and bears this week, gary b smith, jonas max ferris and along with todd schoenburger. >> gary get rid of the debt ceiling best or worst thing for the economy? >> it's absolutely the worst thing, brenda. the left likes to say, well, you know, ronald reagan raised the debt limit 18 times, george bush raised it 7 times, bill clinton raised it 8 times. so, you know, both sides do it so it must be okay, and from the perspective of fair and balanced, it has to stop no matter who is president. we go through the same cycle, we raise the debt limit, spend more,en go out and borrow more, and raise the debt limit again and it looks like it's unstoppable, but this is the check and balance of how t govern our society. we can't afford the bills we have now to pay. someone has to say, no, spend what you have and let's move on. >> brenda: you know, it doesn't really mean anything. why not get rid of it. it's been used for political hay, both parties have made political hay out of it. >> that's right, every 18 months we're going through an economic crisis and here we have another one brewing r

is bulls and bears, here they are, the bulls and bears this week, gary b smith, tobin smith, jonas max ferris along with walker stableton and steffen, gary b. it turns out not just the rich, but the payroll tax hike smacking just about all workers, will it smack the economy next? >> i don't see how it can't, brenda. the person in tt little clip summed it up perfectly. it makes a little bit of a difference and a little bit of a difference times a few hundred million people makes a big difference. it's already been studied by economists, they predict 4 to 500,000 jobs lost, 1/2% lopped off the the gdp. if you look around the studio there, everyone that gets a paycheck, like they said in that little clip, sees less he money. that's less money they were going to spend on groceries, at the drug store, the gas station and that money gets sucked out of the economy, so do jobs. >> brenda: well, now, this does hit lower and middle class americans harder because there is a limit to the amount of income that is taxed. but toby, do you think the higher income americans can make up the spending? >> well,

horr here they are the bulls and bears, toby, jonas max ferris, and gary b smith. and john, you say this gave the green light for new jobs? >> absolutely. look what happened in 1947. we had 5 million americans on strike and the taft-hartley act enacted despite president truman objections and led returning soldiers to one of the biggest economic booms the country had. and the president got his hand caught in the cookie jars and appointing czars and going around congress, we need jobs and this certainly helps with that. we don't need to worry about unions right now, we need jobs, this is putting the cart before the horse. >> brenda: the idea here, caroline, more regulation and federal interference in the private workplace means fewer jobs, do you buy that? >> not at all. when you look at what unions have done for us, over the years, getting rid of the 16 hour work week, they gave us weekends, and safer workplace environment, and as the unions-- >> well, that was a long time ago, a while back. >> that's true, but let's talk today. the fact that we had union busting in

jonas max ferris and gary and caroline. welcome to everybody. gary k, the year is one week old and congress passing billions of new pork and you say bad sign for jobs in the new year. why is that? >> could have,look, it never ends. 430 million dollars for hollywood producers so they do movies in the u.s. versus other places? that's crazy. look, when you continue to raise spending it ends up being a tax on the economy, it keeps the headwinds on the economy, still at 7.8%, if you add in the people that came out of the work force we're more like at 11. it does nothing for nobody because gornment is inefficie inefficient, there is no profit motive and the inefficienes because of that does nothing for the economy going forward. >> brenda: jonas, doesn't it do something? might create some jobs create those electric motor scooters you love so much? >> and it's not just hollywood you can make the case in the long run, running up the deficit can cause a fiscal collapse and crisis that could lead to major recession, but in the short run, jobs 2013, giving

jonas max ferris and gary and caroline. welcome to everybody. new pork and you say bad sign for jobs in the new year. why is that? >> could have,look, it never ends. 430 million dollars for hollywood producers so they do movies in the u.s. versus other places? that's crazy. look, when you continue to raise spending it ends up being a tax on the economy, it keeps the headwinds on the economy, still at 7.8%, if you add in the people that came out of the work force we're more like at 11. it does nothing for nobody because government is inefficie inefficient, there is no profit motive and the inefficiencies because of that does nothing for the economy going forward. >> brenda: jonas, doesn't it do something? might create some jobs create those electric motor scooters you love so much? >> and it's not just hollywood. you can make the case in the long run, running up the deficit can cause a fiscal collapse and crisis that could lead to major recession, but in the short run, jobs 2013, giving the tax credit to make movies in america. if they make the m