look back at what krugman wrote on elections day a couple years ago.t stai share at all our idea of what america is about. for them it did about blood and soil. about traditional patriarchy and hierarchy. >> he sees people in the abstract. he doesn't see people as humans in a place and that talked about blood and soil. what he is objecting to is people who love the place that they are. and i think, again, what gave -- what the reason that trump won the primary is because when he said the american dream is dead. and this is what i write about in my book alienated america. when he said the dream is dead. that resonated for people who has looked around at the place they love and said this used to be great. i want my place to be great again. and for a person like krugman who says you can just move out to another place, you can just change your suffering isn't real they don't see that as a legitimate desire my hometown i want it to be thriving and to have strong community institutions. ed: real quick, what does this mean for 2020? are democrats throwing up

economic sue significantly disagree with the course that we're following people like just stiglitz paul krugman others none of them were even approached the people picked to fix the crisis were those who created the robert rubin crowd the goldman sachs croak they created the crisis are no more powerful than before is that accident well not when you pick those people to create an economic plan and then what do you expect to happen. meanwhile for the poor let market principles prevail don't expect any help from the government the government's the problem not the solution and so on that's essentially neoliberalism and it's has this dual character which goes we're right back in economic history one set of rules for the rich opposite set of rules for the poor. and nothing surprising about this exactly the dynamics until the next crash which is so much expected that credit agencies which kind of evaluate this status of firms are now counting into their calculations the taxpayer bailout that they expect to come in after the next crash which means that the beneficiaries of these credit ratings like the

out there explaining it to them in these terms you know as so we have the likes of you know paul krugman we get. with his keynesian policies we've got him a m t which obviously a o c is is a spouse thing too wide because they're hearing the message they want to air max that is trillions of dollars of debt simply don't matter and that's the price of her green new deal and it's not trillions of x. it's cost estimates were range from you know fifty to what ninety three troy and right i had my own estimate it was just off the top of my head guess so eighty trillion i said but you know al gore wanted to spend sixty trillion i-max i don't know how you spend sixty trillion on anything without causing a problem. it's all crazy but they don't care because they're mad and they're angry i've got a friend of mine who's actually a socialist he knows this is economically stupid. he doesn't care either he's angry enough to just watch someone else put in charge that's what we've come to so will it happen i don't know max i thought that trump didn't stand much of a chance of winning the election and one

volume is increasing by you know the competition now from the state coins and then of course as part krugman at the new york times says and with guns you know they can they can come to your home and shoot you so this is big coin where you see that now in the next few years in this new environment well bear in mind that the state systems have more than just the military behind him they have a gigantic network of facts and huge amounts of dependence that people have in the systems so the entire american economy for example everybody there depends on using your own currency to actually see. by then to enter the market so in many ways what you're trying to do is build a new system that has its own network effect and one of the main problems but trying to say to many of the smaller firms occurrences of spaces in trying to compete with that and in order to have to do that you have to as tension to get enough people to start using them that it creates. those new networks and right now it still remains very nice actually every time i write an article about cashless society and one about the various

that's when you go to paul krugman's column can you flip the page and not miss anything. is going to went election to what is going to happen with the economy has turned on its head. therefore is he rushing around looking for credibility and that's not going to help him. let's talk to the biggest story that i think hits more households and kitchen tables than anybody else. that is this college admission story. find out if you are a grand parent and know what your grandkids are going through. parent knowing trying to get your kid through it. a kids in the middle of college can you relate to this story. what parents have done for these kids very reach. steve: super rich. brian: many cases putting them in sports they don't play. high profile story lori loughlin her daughter olivia jade is a self-made success story on social media. she has a lot of the followers. steve: a million. brian: thousands of dollars and a lot of sponsors. sephora and tresemme. i don't use tresemme. have dropped her now because she turned out is part of the scandal where her parents wrote $250,000 che

paul krugman was there until recently.department, and he was integral to it for a long time. labor economics is a specialty of princeton. vonnie: our thanks to both of you, peter coy and michael mckee , friends of alan krueger, the noted economist and princeton professor. our condolences to the family. sad news being announced by princeton today that alan krueger, former chief economist at the labor department and james madison professor of political economy at princeton university, passed away this weekend. ♪ vonnie: time now for futures and focus. joining us from the cme is the president of blue line futures. we are headed towards $60 a barrel. do we reach $60? guest: $59.60 is a target of hours. up here we are going neutral. $60 is overhead resistance. a lot of the news came last week with saudi arabia cutting production, as well as exports. they say they want production to stay well below 10 million barrels. we have to see further support of risk sentiment to take this thing higher. i don't think that may have been rig

you have economist like paul krugman saying that 70% is just about right.idn't pull that number out of thin air. this is what economists have been saying we can use to fight rampant inequality. secondly, if you do a big development program like the green new deal and the economy grows, if all that new income is being captured by a few people at the top, sort of what we saw from the recovery from the recession, about 90% of new wealth was captured with the top 10%. when you do that, people get really wealthy and the majority of people don't the in economic benefit. if you do generate wealth, you are spreading it equitably. emily: this proposal would only cover a fraction of the initiatives she has proposed. how would she plan to cover the rest? saikat: there are all caps of ways to pay for wealth generating investments -- all types of ways to pay for that. that is what the new deal is talking about. tax revenue could be one way, tax incentives could be another way. sort of the same way we have paid for world war ii, the green new deal, the republican tax cut

the real deal, then your deranged "new york times" opinion column as paul krugman who had the nerve ton social media in . we condemn all forms of anti-semitism the matter where they come from. the persistence of anti-semitism, but only one brand of anti-semitism. that's not on the left. let not your heart be troubled. laura ingraham standing by. how are you? >> laura: hannity, fantastic show tonight. the war against free speech. carry on from what you're talking about big time into this our. >> sean: we say something even remotely wrong, fire them, destroy their career. >> laura: that's the intolerant left. but wait! they are so exposed now. it's almost funny. it's like shooting fish in a barrel, but that might be violent against fish. >> sean: the new green deal is not funny. >> laura: hannity, thanks so much. have >> sean: have a great show. >> laura: liberals doing

is krugman come in >> i say it's 3-it >> he is not out of the box. he is part of the box. >> he is in the box. >> what we don't really know >> it's called "squawk box." >> we want to thank you. >> is he really -- >> tesla with him. >> krugman with him. >> did you see, by the way, talking about not krugman, but aoc and this whole amazon thing? did you see the full page ad in the "new york times" today >> that you got to see >> do you think i saw something in the "new york times"? do you think i read the "new york times"? >> we're going to talk about that in a little bit >> it's on your doorstep every morning. >> i don't even read the salmon colored "new york times. >> becky is better at sorting this out i don't wa i don't know what to say >> i got to read my hor scope to you. it says don't even try anymore someone is not going to listen to you listen to this "stop trying chances are they simply don't want to hear what you have to say. it's their choice. i'm just going to -- >> don't look at me. >> that's who i'm -- you are in between. quit trying to c

i want to get to krugman.r 9th, 2016, president wins the election, historic, and he predicts a global recession. fast forward two weeks ago, he's the same thing, over the next two years that we're going to deal with a recession. it is doom and gloom. we're the happy party now. we're like, we can do anything. they are the doom and gloomers, period. >> growth and prosperity and jobs bring happiness. it's not a small part. i think the democrats are making a political mistake. they're dealing with an environment of recession. we're now moving into a new environment of prosperity. look, this debate, socialism, capitalism, this is freedom and opportunity versus statism regulation and control. governments don't pretty anything. governments should be there as a safety net for the poor. let me make this point. governments don't produce. what trump has done, he has ended the war on success, he has ended the war on businesses. he has restored incentives. so, you work the extra hour, you make the extra investment. >> laur

shery: and yet, we have heard from paul krugman that this has really hurt america's reputation.ys in a new op-ed in the we york times that really have seen america cannot be trusted, why bother making deals with a country that is willing to slaps sanctions on the best of allies and clearly lie about the reasons? even india and turkey are key allies to the united states. amanda: a lot of complexity here. our senior trade reporter shaun nnan with us.awn do by presidentmade trump on india and turkey was not tied to anything political, reasonable grounds for both, but it speaks to this changed tone around trade, that less trade is the way to go, not more open. how worrisome is it? thing is there is nothing political on the u.s. side but the decision on india political time for the prime minister there, about to go into a national election in april and may, and is getting kind of a slab from a long-standing ally in the u.s. also, remember, india is for this administration, for the trump administration, as a china.weight to a rising they announced last year and indo pacific strategy t

of our growth have been much higher than what it is now 70% or 80%. , you have economist like paul krugmanat 70% is just about right. that is where the top article tax rate should be. she didn't pull that number out of thin air. this is what economists have been saying we need to get to to fight the rampant inequality. second piece, if you do do a big development program like the green new deal, you grow the economy, grow the pie, if all of that is being captured by a few people at the top, sort of what we saw in the recovery from the recession -- we saw about i think 90% of new wealth was captured with the top 10%. if you do that again, all you will do is have a few people get really wealthy and the majority of people not seeing economic benefit. it is necessary that if you do generate wealth, you are spreading it equitably. emily: this proposal would only cover a fraction of the initiatives she has proposed. how does she plan to cover the rest? >> there are all kinds of ways to pay for wealth generating investments. deficit spending can be one way. it is sort of the same where we paid fo

discretionary spending is allocated and we have received the report year after year duplicate of krugman debate over lasting programs from the government accountability office just this month the congressional budget office reported on the massive round of spending going to programs that are no longer authorized to receive funds. the amount for fiscal year 2019, $307 billion that is just for one year and it doesn't count spending that was never authorized from the start. clearly we have to do better by constantly ignoring the dire fiscal straits the country is in, our decisions today will be made even tougher tomorrow. again, it is only a first step and i hope it is a step we can take together it is time to chart a sustainable path to the future along with statements from taxpayers for common sense responsible federal budget national taxpayers union foundation american action and others supporting the budget resolution without objection, so ordered tomorrow people consider amendment consistent with past practices i asked the nurse to limit to six minutes and reminded them that there is n

deficit is on course to top $1 trillion and jay powell, larry summers, and paul krugman are all critics. larry fink says it is not a good approach. >> that's garbage. >> you are with jay powell on this one? helpising taxes does not economic growth and more importantly, yes, i am a big believer that deficits do matter. i am a big believer that deficits are going to be driving andrest rates much higher could drive it to an unsustainable level. intelligencea's agency says the north has resumed work on a long-range missile site with operations possibly beginning before the hanoi summit took place. satellite images indicate work at the site took place somewhere between february 16 and march 2. global news 24 hours a day on air and at tictoc on twitter powered by more than 2700 journalists and analysts in more than 120 countries. >> thank you. another major story we're tracking today -- tesla reaching an agreement on more than $500 million in loans from chinese banks to build their giga factory in shanghai. david welch joins us with details. imagine tesla is glad for this positive headline fo

item number two, paul krugman, "new york times" columnist writes what is the matter with rural americaump remains popular. it's all about blood and soil and racial hierarchy. what does he know? i know this. i don't like being looked down on. america doesn't like being looked down on the joe biden has a lot of explaining to do. the third hour of "varney & company" is about to begin. drink you will deal with the dregs of society in a moment. first let's get to the trump economy. vice president of sun distributors. i read your stuff and you're saying that the trump economic agenda is working. a lot of people say it's not working that great. you make your case. >> the trump economic agenda is working. reply 1% growth last year. wages are rising. that means more money in your pocket if you're working right now. over 7 million job openings. the fed chair pal yesterday reference that the labor force participation rate increasing was a surprise. household surveys are also on the rise. we have a very robust economy right now. stuart: you heard that the fed had to say yesterday. they did say the

like krugman comes out with something negative and it's like you rush it out there.t keep doing it again and again and again and again and again and again. >> they use -- they got a lot of credibility for these seven-year total return forecast. and for years there was a mechanical way of determining. they were right for a long time. over a seven-year period they've undershot that more recently look i think the idea of keep expectations really low, but stay involved. that doesn't really kill you >> what about just the market sentiment, everything you just said about how this is set up. where does that leave us with the jobs report today. if we come in at the headline, come in above. >> the market kraefs a stronger number or an on-target number meaning i think we're now kind of bathed in the global slowdown story again. i don't think you want a number that says, oh, it will make the fed dovish >> the hot number's not going to change that. >> and the treasury yields are lower than you might want if you're expecting a reacceleration of growth >> given all this news from

i'm upset with him for saying he didn't think krugman would have lied about interfering with our elections. i looked at with him for so many other reasons. not the fact that he won the election. i'm upset with the way he has served as president. host: talking with democrats only, getting your reaction to speaker pelosi saying yesterday that she is not for impeachment through the, go ahead. caller: yes. togree with nancy pelosi there's other committees laying out the evidence with oversight. was proper during watergate until the tapes came americans, decent republicans went and told him he had to go. for decent republicans to stand up and do what's best for the country. i think they are not doing it for the country. they are worshiping a man. that's ignorant and embarrassing and just doing what's best for him and his family. he cares nothing about the american people. out,the evidence is laid nancy is right. he will have to go. is taking in washington. good morning. >> good morning. nancy pelosi. no impeachment. we don't have the votes in the senate. why waste our time. we have bigger fish

bill crystal, krugman, joy behar, kathy griffin, people like that.ith john brennan here. only a former cia director. when he speaks people believe either he has inside information or, in other words, there is more gravitas there. he predicted couple weeks ago there would be more indictments, it never happened. does he apologize? no. rachel maddow, that was very good for business for her. she covered russia more than every other topic out there. there are a lot to choose from in a trump administration combined. if you want to throw colbert in there, steve. that is fine. but he is comedian. a lot of people believe it or not don't really watch the news, watch colbert at night. that will be the news source. steve: that is such a good point. of the voices you heard over the last two years, who do you think essentially got it the most wrong? email us, friends at foxnews.com. we'll try to tabulate it tomorrow morning. ainsley: we have more "fox & friends" moments away. stay with us. ♪ cancer, epilepsy, mental health, hiv. patients with serious diseases are