i wasn't through with art laffer. talk about the minimum wage a little bit and this push we've seen to increase the federal minimum wage, new developments, senator bernie sanders and other democrats introducing new legislation that would raise the federal minimum wage up to 15 bucks an hour. they want to do it by the year 2024. here is senator sanders making his case. >> nobody in america, not in the north or the south, the east or the west who can survive on $7.25 an hour federal minimum wage. you can't make it on nine bucks. you can't make it on $12 an hour. minimum wage must be a living wage enabling people to live with dignity. connell: all right. art, that last, the way he phrased that, i want to ask you about that a little bit because we've had so many intellectual discussions about the minimum wage, incentives for hiring, that kind of thing. i understand all of them. bernie sanders says you can't make it on nine bucks. you can't make it on 12 bucks. it must go to 15. is that true? would you say, for example, ev

good endorsement from art laffer. independent publisher agreeing to release a previously canceled book by republican senator josh hawley. we'll hear from the president on that publishing company why he is opposed to silencing conservative voices. >> they don't want to just have a debate or discussion. it appears they want to cancel us from the public square all together. start the year smiling at aspen dental where new starts happen, every day. get exceptional care at every step, unparalleled safety at every visit, and flexible payment options for every budget. now, during the everyday smiles event new patients get a full exam & set of x-rays with no obligation. no insurance? no worries, it's free. plus, now all patients can get 20% off their treatment plan. find every reason to smile. every day at aspen dental. call 1-800-aspendental or book today at aspendental.com do we really need a sign to live, laugh, and love? -yes. -the answer is no. i can help new homeowners not become their parents. -kee-on-oh... -nope. -co-

art laffer is with us, economist art laffer.ed for clinton and i think you voted for obama, at least on one occasion. do you think biden will be say obama 2.0? >> let me correct that. i did not vote for obama, i did not, but i voted for clinton every time and that he was a great president and good on economics. i thought he was traffic and i still do. i think biden has the potential to be as good as clinton. a biden has been in the senate a long time and he gets along well with the republicans in the senate. he has done well and then moderate. i watched joe discuss biden and joe praised him and so do i. you know joe biden voted for the 86 tax hack. i don't think biden has a chip on his or shoulder and i think he can do a great job but i'm hopeful that will help thin-- i figure i'm not sure it will happen, but i'm hopefully he will do a good job and it we will be proud we had him, but i can be sure that. stuart: doesn't depend on two things, success in combating the pandemic and the virus and number two, success in suppressing th

. >> sandra: something that stuck out to me, i was listening to art laffer on the fox business networkting perspective on the economy of what we are about to see for this president. i thought he was terrific and i still do. i think biden has the potential of being as good as clinton. biden has been in the senates a long time and he gets along really well with the republicans in the senate and well and has been moderate. you know biden voted for the 86 tax act and touted his attributes really widely. at biden i don't think has a chip on his shoulder and i think he can do a great job. >> art laffer has been a big supporter of donald trump's policies specifically with the economy and it's an interesting perspective there. what do you think? >> i hope he's right and i would come in it at a a slightly different way. he voted for the 86 tax cut and why? it was popular and democrats got involved with pat woods. in the 1990s he was a big proponent of the things that a more moderate democrat, after the democrats lost to mondale and dukakis come along came the new centrist bill clinton and sudde

gerry: art laffer, thank you very much for joining me. bars could soon make history by selling the bitcoin. the bar looking to cash out the digital currency is here. that is next. ♪ so you're a small business, or a big one. you were thriving, but then... oh. ah. okay. plan, pivot. how do you bounce back? you don't, you bounce forward, with serious and reliable internet. powered by the largest gig speed network in america. but is it secure? sure it's secure. and even if the power goes down, your connection doesn't. so how do i do this? you don't do this. we do this, together. bounce forward, with comcast business. and if we win, we get to tell you and doug. how liberty mutual customizes car insurance so you only pay for what you need. isn't that what you just did? service! ♪ stand back, i'm gonna show ya ♪ ♪ how doug and limu roll, ya ♪ ♪ you know you got to live it ♪ ♪ if you wanna wi... [ music stops ] time out! only pay for what you need. ♪ liberty. liberty. liberty. liberty. ♪ gerry: democrats launching their second impeachment push af

i want to bring in laffer cio, nancy tangler.e old story, joe kennedy asking for stock market picks from the shoeshine boy and went upstairs and sold everything the dade before the crash. they love to learn. they watched. they sold everything in the tech crash. they sold a lot in 2009. they looked back years later i made a huge mistake. i could have been buying rather than selling. i think they're smarter. >> listen, i'm with you, charles. i think there is a bit of professional arrogance that takes place on wall street and our profession. we're the experts. i spent a lot of time speaking around the country they have the ability and information that we didn't have when i was starting out as a retail investor. they have the information to be able to be really good investors t was just a few years ago when we were bemoan that millenials were never going to invest in stocks because they saw what happened to their parents in 2008 and 2009. i applauds this. i think it is sustainable. options trading makes me nervous. that is where some

>> sandra: let's bring in former reagan economic advisor art laffer, former obama economic advisor robert wolf. welcome to both of you. we love having each on. i don't know if he ever had you on together, so this'll be fun. take this on first, buy american strategy. it sounds awfully familiar to what we've heard from president trump. the first 10 minutes of president trump's inaugural address back in 2017, he uttered the words "buy american and higher american." how is this different? >> hello, robert, how are you connected to see you, sandra. it's not different. it has been done by presidents from eisenhower on. to buy american is supposedly to create u.s. jobs. the point is that buy america is not a very good policy. if you can get quality products at lower cost from abroad, that makes the text. i'll go further. but also what you need to know is that americans export in order to gain the wherewithal to buy imports. if you prohibit the imports, he will cause export job losses in the u.s. it's a lose-lose situation. every president has done it, republican and democrat, and there's no hold

. >> very famous, i'm in the very famous arthur laffer studio which you guys use all the time on foxevered and hallowed. steve, thank you very much. take another look that we can in the markets. same here. let's look at the market as we can see down across the board but coming back a little bit from a very low opening. on the dow less than half a pest. let's bring in dennis gartman market watcher extraordinaire. what is your take on the markets today? a healthy time to take profits after the record breaking last week? >> sure, why not. after all we've gone you there the past month 1/2 why shouldn't we have some correction. it is inevitable. it is healthy and that is exactly what's going on. i love stocks in october. i loved stocks in november. by the first and second weeks of december i thought it was wise to go to the sidelines. they continued to go higher. i think a little irrationally so but predicated upon a fiscal stimulus coming from a new democratic regime. we'll have an awful lot of deficit spending coming in. that is fueled a lot of the rally but i think we're starting to se