but steve forbes you know about this stuff. media and so on, w we have a national security obligation to do something, there is 150 something odd a popular app, i get that. is this right thing to do go after them? >> well they laid out the solution. divest, tiktok can exist, people can use it, but not part of the ccp . simple. cut it off. >> ccp won't let them. they oppose any divest am. dive. >> at the end of the day they will lose whole thing, i don't think so, to jason's point, they will try to push it to after the election. but there is no way, in cranes putting cameras and cranes. >> something glun believable.. larry: we have a national security presentation by fbi, a special meeting and the fbi came in and showed us the pictures of huawei, chinese phone company, ordinary run of the mill, rural wooden telephone poles with tiny cameras on them. just happen to be very near military bases in the t dakota and northern california, we threw huawei out. >> they will send a sta spy balloon. they want to spy on our country, we had

how is that possible, steve forbes?his is america. >> this is america -- larry: where no one gets charged or something? >> america being perverted by a deep state that is arrogant that needs a real thrashing. comey made that decision on his own. he wanted trump to lose. they're shocked he got the nomination. even more shocked when they realized he could win the election. comey actually put put hilary in the losing column on election day. that is how trump won because she was so sure to win, he said he would reopen the investigation. he didn't realize she lost because of that. so it is an an air arrogant sta, testimony, fbi, cia are all all in collusion. you knead a real cleansing. larry: you will charge me, you will charge me with something. >> listen, there is no way this works out well for joe biden. number one, to steve's point, all americans look at this, if you're the far left and far rate you might be in your partisan bubbles but most fair-minded americans see a two-tiered justice system number one. number two the

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steve "forbes". author of inflation. what it is, why it's bad and how to fix it. or of taxes have consequences. talking to. cheryl: -- steve on the set as you deserted us and stayed away, the reality is, hunter trump, the average working stiff, white , brown, black, female, whatever, a real pay increase under paul. it got a real pay cut. so, not surprisingly the voters favored the pay increase. that may be a little too simplified. polls are showing up. what do you think. >> i think that that is exactly correct. i think wages were up something like $6000 under trump and they dropped sharply under biden right away. they have been rising a little bit lately. number two, prices are up. what did lauren say? 18% since biden took office. prices were not up anything like that under trump. trump did a much better job. what you are seeing right now, larry, the remnants of the trump tax cuts and jobs act still providing a lot of strength to the economy and i don't think this has anything to do with bidenomics at all. i don't think it's improving very much. what we do see is l

thanks, steve forbes, art laffer.oss the board fail lush of the progressive, big government model. this is a very important part. people lost confidence in joe biden. the performance has been terrible. this left-wing stuff, they're just not into them anymore. i'm kudlow. we'll be right back. ♪ students... students of any age, from anywhere. using our technology to power different ways of learning. so when minds grow, opportunities follow. ♪ ( ♪ ) i got injured, um, my back got injured very bad. i was off work for about a year. did physical therapy, did... you name it i did it. i heard about relief factor from my wife. she basically made me take it. relief factor is a daily supplement, developed by doctors, to help your body fight pain naturally. it doesn't just mask pain, it helps reduce or even eliminate it. i took it every day, three times a day, for three weeks. woke up, laying in bed, roll over and look at her and i said, "the pain is gone." and she said, i'm glad it helped. i said, "no, you don't understand. it's

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your assessment on the jobs number on friday, steve forbes. >> the headline was better than underlying you pointed out the revision cf to take a grain of salt on the initial reports. if you look at the household survey which better measures was happening to small businesses that was on 184,000 year-over-year fabric from last year from february to the shar shared. the jobs market is much weaker than the headline number suggests and as you pointed out before much of it disproportionately is healthcare and government, that is not a way you build a strong economy. maria: is this what we will see going into the election, david how do you see it. >> a little different perspective and then steve i agree on one hand there is a significant structural weakness that is bothered me for years the lower labor participation force that's because i want more people that have a job are looking for a job in the bls does not measure that they're measuring in the context of people looking for a job. i don't think it's easy to say there's a lot of people out there that want a job they can't find one. it is

steve forbes, forbes media chairman, editor-in-chief and author of, inflation. okay, smart guy, so he has recalculated the old cpi had mortgage rates and car loan rates in it and we have a chart that we can put up on the full screen. that old cpi would have registered 18% inflation rate last year. now it would have come down as that chart shows but only to about 7% now and if you put in credit card costs it is going to be even worse. this is why a, people can't stand "bidenomics" and b, consumer confidence is so low. >> it shows what happens when you live in a bubble and you don't see reality. it is amazing summers pointed out pre-1983 mortgage payments were included, car payments were included in the 1980s. credit cards, didn't exist back in the 80s, you put that in, that's what people see. you combine food which people see couple times a week. those prices are still high. you do payments which you have to write each month or you will fall further behind. you put that together, people feel they're on a treadmill and the treadmill is winning and amazing the whit

steve forbes, forbes media chairman. and editor in chief. steve, with you.. he hay recalculated old cpi with mortgage rates and car loan rates in it, we have a chart to put up. that old cpi, would have registered 18 % anonymous inflation rate last year, it would have come down. but only to 7% now, you put in credit card courts i costs it will be worse, this why people can't stand bidenomics and consumer confidence is low. >> it shows what hatches when -- happens when you live in a bubble, amazing that summers pointed out pre1983. you put that in, this is what people see. combine food, people see a couple times a week, they are still high and payments you write i've month. and you put that together, people feel the treadmill is winning, white house is oblivious to this, what is happening in the real world, and what will happen, if we don't get our house in order, we all know interest costs about up putting the economy further bind. larry: i think that is right, faulkender, white house they don't understand, they think it is so good, they don't understand why

elizabeth: steve forbes, you're terrific. thank you so much.lesko. good to have you back on. sit tight. we want your reaction to that impeachment hearing yesterday representative michael wattle went after representative -- waltz went after representative eric swalwell accused of hire ago chinese spy and helping fundraise for the 2024 reelection campaign. watch. >> thank you, mr. chairman, and i find it incredibly rich, mr. swalwell was going to come to this committee and lecture us about how china p penetrates our government. he may know a thing or two about that and talk about china penetrating the highest levels of this government, including this president and this white house. elizabeth: okay. what do you think? i mean, house ethics did end a two-year investigation into swalwell here. didn't take any further action. what do you make of this? >> well, there's always a lot of drama that goes on around here, but what we need to focus on is that the biden family got millions of dollars from china and other foreign countries that over 20 shell co

steve forbes, everyone. good stuff. thank you very much indeed. >> thank you. stuart: the markets and dow down 120 and minuscule losses for nasdaq and s&p. jason katz with us this morning. why do you say this is the most misunderstood and unloved bull market of our time? >> so we've been doing this for such a long time. i don't recall a time where we saw markets so unloved and misunderstood as evidenced by the $6 trillion of cash on the sidelines. i'm talking to real investors every day and what are they telling me? inflation and recession risk, election, border, i mean there's a litany of reasons notwithstanding the fact that we've come so far, so fast. why then are we groping for new highs? the answers are really simple. number one, the fed is at least done raising rates. that's number one. and number two, at the end of the day, stocks follow earnings and earnings follow the economy. thanks to ai and a variety of other factors, both continue to surprise to the upside, and i'll leave you with this thought, what happens, what happens when the fed starts cutting

steve forbes fired up about it, though. e is next. ♪ ♪ okay y'all we got ten orders coming in... big orders! starting a business is never easy, but starting it eight months pregnant... that's a different story. i couldn't slow down. we were starting a business from the ground up. people were showing up left and right. and so did our business needs the chase ink card made it easy. when you go for something big like this, your kids see that. and they believe they can do the same. earn unlimited 1.5% cash back on every purchase with the chase ink business unlimited card. make more of what's yours. - wounded warrior project has been with me every step of my journey. - they've helped me realize it's possible to rise to the top again. - it's possible to get the help i need for me and my family. - it's possible to hate pushups again. - to feel understood. - to begin healing both inside and out. - to feel like myself again. - and now i know anything is possible. (gentle music) ah, these bills are crazy. she has no idea she's sitting

elizabeth: steve forbes thank you so much. >> thank you.o'connel will join us tomorrow night, and liz peek. that does it for us, thanks for watching the "evening edit," i am elizabeth macdonald now it, it time for "the bottom line." dagen: you are grind a for

stuart: steve forbes with me this monday morning. st hour, steve, the supreme court ruled unanimously that trump ruled in his favor staying on the ballot and this is a start for the, it should be a question and not going to make it a statement. it's the start of a great week and couldn't get any better than that. >> you anne donovan mouse, 9-0 and throws all the publicity seeseeking and law perverting judges on the behind and good thing for the rule of law and you'll see similar rulings in the future and sophisticated ruling on the immunity case i think. that'll be amended from what the lower courts did i think and then i think in georgia and in new york, those cases are eventually going to get thrown out and da in georgia going to get tossed off. stuart: that's a big couple of months for donald trump. i've gone further than that. i've said, look, this is probably make or break week for biden. probably break week. now am i going too far? >> no. even if he managed to get through the state of the union, i think everything they can do, m

neil: you are very good at this and making sense of a crazy world, steve forbes on that, down 206 pointsone down from 7% hit to even money after running up 48% so down a little bit, 4%. we should point out nasdaq is doing well and nvidia is doing well. it leads to a correction if for example we were to see read it take a dive, that has not materialized. we are keeping a close eye, the only average it is up, with records from all three yesterday. stay with us. do you charge forward? freeze in your tracks? or, let curiosity light the way. at t. rowe price, we ask smart questions about opportunities like advances in healthcare and how these innovations will create a healthier world tomorrow. better questions. better outcomes. (vo) what does it mean to be rich? maybe rich is less about reaching a magic number... and more about discovering magic. rich is being able to keep your loved ones close. and also send them away. rich is living life your way. and having someone who can help you get there. the key to being rich is knowing what counts. when i was your age, we never had anything like this

steve forbes, fantastic, steve would be a great fed chairman.onderful people who would be in the running, in the mix. waller is one of the fed members now, he is also pretty good. charles: right. >> we have a long way to go before any decisions but isn't it fun talking about them? isn't it fun whispering the names. did you hear about this one? he might be -- that is what is so wonderful about politics. if you don't enjoy it, it will kill you. it will just make you crazy but when you get into these rumor mills and stuff it really gets exciting, fun and thrilling. i'm glad they're doing those types of stories. charles: talk about something not too far away. that is the next fed meeting. >> okay. charles: if you were on the fomc right now would you be looking to cut-rates sometime soon? >> you know i wouldn't be cutting rates at all to be honest. i let markets drive rates. i wouldn't drive them. as i talked about lots of times the fed should be controlling its balance sheet and only it's balance sheet. it should be shrinking its balance sheet stead

steve forbes joining us on this monday morning i think that was a strong editorial. surprised they came from the washington post do you think she would ever step aside. >> it's amazing the post did it and poet surprises you can't dismiss the messenger and what it goes to the democrats relays republicans are going to make this an issue if you vote for joe biden you're voting for kamala harris as the next president of the united states and i think the democrats are freaking out about that and the question is how do they get rid of her the only way she will not step down a mission that she's a failure and joe biden made a catastrophic mistake and what the democrats are praying for somehow someway joe biden get to do lbj lyndon johnson withdrawing that way in new nominee can pick his or her own vp choice and shove kamala harris aside without any undue embarrassment. stuart: i don't see any of that happening. >> a wait on events he may do something in public but can't be brushed off anymore something may come out, who knows but they cannot let him be the nominee with the

steve forbes is back here, jerry baker, wall street journal editor at large. to that argument i think it misses the point of the companies are in this position if they want to pass along the increases, that's one way to do it, go ahead and lift 30% or whatever it is or try to find a way that makes a little more palatable for people, you know what i mean? >> somebody at the white house is done a focus group and talked about snickers, the president should talk about shrink for laois and. you' in. you are absolutely right. companies are not raising the costs out of avenue arrest or evil or something like that. they are raising their prices because the prices, the cost they have to pay themselves, labor costs are real estate costs or cost of imported goods have gone up so much in the last three years. the other thing is this focus on the shrinks laois and and talking about chips in the bag, it focuses people's attention on its greatest economic vulnerability, the fact that prices have gone up. i don't know why people think this is helpful for him to go after compa

migrants built this country is confusing illegal migrants and legal immigrants, deliberately i think, steve forbes not paying their fair share. arizona sheriff mark darrell's on pete buttigieg claiming the president is taking executive action on the border, where is executive action. 11:00 o'clock hour of varney is next. ♪ investment opportunities are everywhere you turn. do you charge forward? freeze in your tracks? or, let curiosity light the way. at t. rowe price, we ask smart questions about opportunities like advances in healthcare and how these innovations will create a healthier world tomorrow. better questions. better outcomes. rsv can severely affect the lungs and lower airways. but i'm protected with arexvy. arexvy is a vaccine used to prevent lower respiratory disease from rsv in people 60 years and older. rsv can be serious for those over 60, including those with asthma, diabetes, copd, and certain other conditions. but i'm protected. arexvy is proven to be over 82% effective in preventing lower respiratory disease from rsv and over 94% effective in those with these health conditions.

still ahead, steve forbes on the transformation from the greatest city in the world to a dangerous jokeout trump's hush money hearing will play out today. a friend of prince harry's claim in the photos and videos of kate middleton were indeed fake. the 11:00 o'clock hour is next. ♪ ♪ if you have wet amd, you never want to lose sight of the things you love. some things should stand the test of time. long lasting eylea hd could significantly improve your vision and can help you go up to 4 months between treatments. if you have an eye infection, eye pain or redness, or allergies to eylea hd, don't use. eye injections like eyla hd may cause eye infection, separation of the retina, or rare but severe swelling of blood vessels in the eye. an increase in eye pressure has been seen. there's an uncommon risk of heart attack or stroke associated with blood clots. the most common side effects were blurred vision, cataract, corneal injury, and eye floaters. and there's still so much to see. if you are on eylea or a similar type of treatment, ask your retina specialist about eylea hd today, for the

joining you tomorrow night, we have steve forbes, and mike huckabee, i am elizabeth macdonald, thanks my buddies on "the bottom line." dagen: hey eco eco emac. >> chinese communist party is not our friend, not our partne

we have steve forbes to unpack that.mbers made a secret trip down to cuba because they love and lust after that communist power and control. jorge -- famous ufc fighter, love him so much, will be here. he is the son of a man who escaped communist cuba. and congressman james comer on why the holdup on delivering information about four attorneys in the investigation into hunter biden. hmm. we dig in, top of the hour. ♪ ♪ , my best friend sophie says you've been a huge help. at ameriprise financial, more than 9 out of 10 of our clients are likely to recommend us. our neighbors, the garcía's, love working with you. because the advice we give is personalized, -hey, john reese, jr. -how's your father doing? to help reach your goals with confidence. my sister's told me so much about you. that's why it's more than advice worth listening to. it's advice worth talking about. ameriprise financial. when i was your age, we never had anything like this. what? wifi? wifi that works all over the house, even the basement. the basement. s

i had the good fortune to work with steve forbes when he was running for president in 1996, and also. 2002. social security. he said that if if a person who started out at a minimum wage job and worked the equivalent of a minimum wage job through their whole career of is that there would have been increases from a 75%. he said that person if that money had been invested in the in just a regular cd over the course of his life would have held million dollars in the bank when he retired and this was in 1996. so much more today. so the dignity of giving access to the money that politicians are using to buy votes. frankly, i think really, really. so. and that unfortunately, that's what happens in health care is that you find that politicians will say we've got to reduce the uninsured, not the access to care, the uninsured rate and giving people access so they they increase the number of and dramatically during covid on medicaid 90 million america guns are on medicaid. and that is a huge of our society that are on a public program that may pay a doctor $0.06 to see a patient. so why do they