we have former advisor art laffer. i will show you how the democrat continue inflammatory accusations with no basis in fact. another vicious political brawl. in this one, dem versus dem. you can't make it up. also who filed a 50 million-dollar defamation lawsuit against hillary clinton for allegedly characterizing her as a russian asset. i'm gregg jarrett. in for elizabeth macdonald. "the evening edit" starts right now. ♪. gregg: hello, everyone, the latest on impeachment trial. the third against american president in u.s. history. edward lawrence live on capitol hill with details. edward? reporter: first vote on party lines with no republicans switching over on this one. opening argument, opening statements have started here. democrats are laying out how the president abused power. adam schiff started with 2 1/2 hours of his opening statement. he laid out he believes that the president withheld military money and dangled a meeting at the white house for the ukrainian president, in exchange for, announcement of an inve

bring in former reagan economist, art laffer. >> hey, chairman. cheryl; first one was american farmers and soybean producers that were hit over the trade deal. can they recover and how quickly? >> they can recover, and not only regain the size. trump always claimed he was a free trader and this is proof positive he is a free trader. he is trying to make the u.s. economy better. i'm very pleased with this trade deal. i'm excited beyond belief. trade is my specialty air and it is wonderful. cheryl: that is why you're here. let me ask you this, this is the journal's words not mine but i want to get your reaction. china is set to do little more when they sign the deal, restore agricultural purchases and say nice words on financial services and proper property. what do you say to that? >> i would say that it's a little understated. i think it is much more than that. i think china is ready to put whole hog on the deal and ready to make a big trading expansion with the united states over time. i think it is much more than a small little step back where w

stuart: art laffer's still with us.n i came in this morning, i didn't expect that this trade deal signing would have any impact on the stock market. i was totally wrong, because now we find out that it might contribute to the economy, and that's helping the markets. i didn't see this coming, art, did you? >> yes. this is exactly what i saw coming, and i'm really pleased with what's happening. i mean, i've had a long relationship with china, as you may know, stuart. in 1970 i went with george schultz and john ehrlichman on the pre-kissinger trip which was really the fest to china -- first to china there. the president's asked me to come today as well. i didn't think it would be this big a deal, or else i would have gone from nashville over there. but it's a huge deal, and i think liz is correct. i think wead is especially correct on this. this is monumental, and i think it will have, as i said to you with, i think, on a couple of shows, this would have a total effect, i think, of about 4-5,000 on the dow. and, you know,

that was november last year, former reagan economist art laffer, friend of the program, shouted downe in binghamton university. the school has, not sure i understand this, the school has rescinded the censorship of conservative groups. come in, congressman tom reed, who represents that district. what does that mean, rescinded the censorship of conservative groups? what's that? >> well, great to be with you. what we did is we went on to the campus of binghamton university, stood with the college republicans, stood with the organizers of this event, and had a great meeting with the university president, where it was indicated free speech at binghamton university is committed to it and just as i was appalled the way that art laffer was treated by these students, that accountability will be imposed and hopefully we can have art laffer back up at the university and engaged in american debate based on democracy and free speech other than what i saw which was just appalling behavior. stuart: rescinding the censorship of conservative groups means in future, they will be allowed to speak free

we have former advisor art laffer.ow the democrat continue inflammatory accusations with no basis in fact. another vicious political brawl. in this one, dem versus dem.

laffer laugh. >> nick has gotten his share of wows. joe montana wears one of his hats. rice has become a friend but his favorite is this painting which led to a very memorable instruction. >> most people have the catch. i have the conversation before the catch >> nick will never forget the day he met dwight clark to get his masterpiece signed. >> i was doing a signing in san jose. i went there to finish the painting just to get his feeling and dwight clark was like, oh my goodness, this is awesome! >> and so with a 9ers super bowl win, nick says it is our turn, all thanks to this 2013 deflected pass from then chalk rechard sherman which gave seattle a super bowl birth. >> richard sherman took a super bowl away from me. now it is time to give it back. i am hoping richard sherman saves the day. hopefully we don't even need him to save the day. hopefully we just take it and head to miami. >> by the way, nick's grandmother recognized his talent at the age of 9. he has been coached by charles schultz and salvador dali. he may be in the parking lot on game day so come by and

former economist of president ronald reagan, art laffer. art, it is remarkable how the times have changed. if you were to try to make the comparison between start of the iranian revolution and then seizing our hostages in november 1979, what ensued after that, do you envision anything like that now? >> not right now at all. what is happening, we have a very strong economy, with a good set of policies put into place, which is swamping all other sorts of events. it swamps impeachment, it swamps iranian problem, i have a feeling it will continue to swamp those events until we get close to the election. people have to make a choice, neil. do they want a good economy or get revenge against trump? when they pulled the ballot, i think they will make it for the economy. we have to wait and see. right now the economy is dominating everything, thank goodness. neil: we always look for so-called black swan developments, something comes out of the blue. it was the collapse of lehman brothers many say precipitated financial meltdown and everything else.

officers arrested this man, charles laffer at this after months of attacks. this is new video of him in courttoday. prosecutors charged laugher at this with nine counts -- more charges may be filed next week against him. investigators say that he used a slingshot to launch glass marbles at nearly 70 cars. at least five people were hurt in the attacks. police, though, are not reveal why he was targeting cars. >>> while china cancels celebrations for the lunar new year due to crone a virus, firecrackers are going off confirming the party is still on here. so far, no confirmed case this is california. dl have been suspected cases. sharon cat sue da joins us to say there is no reason for anyone here to worry or change their plans. sharon? >> reporter: that's right, garvin. the local health experts say now they're only going to report confirmed cases by the cdc. not all of the people who are being tebsed and those testing sent to the cdc. they don't want to alarm the public. some of the tests may come back negative. if you plan to head out to the lunar new year ce

this positively about the economy joining us laver associates chairman former regan advisory art lafferat people are so happy about the economy, is because of tax tax reform tax cuts into place the democrats have another idea about this, how significant has tax legislation been on u.s. economy growth what are you expecting come tax increases should one of the democrats actually win? >> let me just go through the tax bill. it passed through december 22, 2017. if you look at it u.s. growth has been almost exactly same as eurozone growth two prior years then all of a sudden after tax bill passed, at the same time, u.s. growth accelerated dramatically relative to eurozone growth we are probably 2 1/2 percentage points higher gdp than we would have been had we followed eurozone growth a lot of money maria that is 600 billion dollars the growth differently is very large. i think we are one percent higher in growth, than the you' eurozone employment nicely if you look real wages up 5,000 dollars versus entire 8 years of -- of he obama little over 1,000 dollars that is wonderful, but the one th

i was saying to art laffer a moment ago, reminds me of reagan-mondale. >> this is not a idealogically. this would affect most americans across the board. whether or not elizabeth warren will admit it yet or not, bernie sanders came out and said that "medicare for all" would require an increase in middle class tax cuts. that is going to have an immediate effect on top of a lot of other things we were discussing now on middle-class families. it is not something that will happen in washington, not affect the rest of the country. this will see immediate effect on day one. stuart: phil wegmann, thanks for joining us. appreciate it. >> thank you. stuart: check the big board. we've been down most of the morning. at one stage down 200. now down 134. part of the concern on wall street which is a virus which is spreading. who knows where it goes. i think that is the concern. that is why there is some caution on the street for a moment. biotech stocks, we've got the can't pronounce it. sues novavax. stuart: what is the last one. susan: nano viricides. 14% for novavax. they're up. can i leave it