steve moore, let me start with you. don't think there is a surprise the people think the government is incompetent no matter who is in charge. the government is our favorite whipping boy or is that just here? >> what has been accident the about the government? this government couldn't put a website together for obamacare. that is not at all surprising. a government that couldn't keep someone climbing the fence and walking through the front door of the white house. that is incompetence. the other thing that doesn't shock me, over half of americans think america is still in recession. melissa, i can explain why that is. if you look at the statistics on income for the average middle class family, they have actually lost a little bit of income during this recovery. if it you have lost income over the last five years, it is no recovery at all. it is still recession for you personally. melissa: yeah. guy benson, so 60% think we're still in recession. 36% think it is over. i got bad news for those who think we're still in rece

steve moore we were looking at markets. the dow is down 12. that is bounce back from where we were meaning traders are betting what we heard from the fed minutes a few seconds ago is pushing off a hike even further. do you agree with them? >> probably. look, i listened to that analysis of what the fed is going to do and the more you listen to this stuff the more it reminds you of the wiz ard of oz behind the curtains pushing these levers having no effect whatsoever. i think the thing to walk away from though is we don't have the growth in the economy right now melissa. the growth isn't there in employment and gdp output for the fed to justify raising rates. melissa: gdp is not good. wages are not growing. that is why we're seeing so much wage rage, david asman. but the markets are loving it. >> that is the point. i have hate to disagree with my colleague steve moore, because i love him to death. it is having an effect. it is having an effect on markets. right now the fed seems more interested how the markets react than the economy reacts which

my buddy steve moore was mentioning that the government spends 4 trillion. you can take half of that amount, you'd increase the amount that businesses are on tap for by 2 trillion, which is what they have to pay in regulatory compliance costs. neil: the money offshore, it is an interesting fact. andy, good seeing. >> you nobody is going to bring the money back if you're going to have to pay more taxes on it. the bad thing is when foreign companies bring the money back they don't have to pay tax on it. neil: i love you to death, andy i don't trust you in this sense. you are a fast food executive and you're thin. that doesn't jive. it takes away all your credibility. i kid you. as always a pleasure i love the piece you wrote about scott walker, keeping in mind the numbers are not what the media says. andy thank you. >>> we've heard of "young & the restless," but young and investless? when it comes to stock, most young folks want nothing to do with them. why charles payne says trust him. you'll regret sitting this one out, guys. the real question that needs to

we have steve moore from the heritage foundation and economic adviser to rand paul steve has been workingvice president joe biden, senior fellow at the budget of policies. jared, in layman's terms, i went through tax season go to h & r block and trying to decide all of this stuff and i'd what is the problem with it? >> well i could answer that in pros or read you a poem i wrote this morning. if a calendar year could be divided by 4, a flat tax will come knocking at your door. it's a total schnoozer and a revenue loser. tax bill would go up across this great nation. no question our tax code is fraught with complexity but a flat tax will not fight that. it's really hard to find a rhyme for complexity. in other words this idea it doesn't scratch any of the hitches in our tax code that you articulated. it's simple because it has to do with how we define income not the rates. if we define income much more simply, you could have a thousand rates and it would be simple to pay your tax. you look up your income in a table. it's a big revenue loser and, interestingly -- and this part i didn't know

here now is steve moore from the heritage foundation. it is not illegal to have a shell company.t is drawing a lot of attention is that we've do not know what he did within that company. what he was paid for and why at a time that his wife was secretary of state. >> they lack transparency. everything should be open. let's see some sunshine. when you look at what bill clinton did it appears that nothing was illegal about this, what i am saying is that this is a classic money laundering campaign. you could not follow the money. you could not find out where bill clinton was being paid and what he was being paid for. it raises eyebrows, appropriately so. >> there could possibly be something illegal if he was being paid to lobby. we do not even know what he was being paid for. if it was that, then it is illegal. >> well put. even if there were no illegal activities why not bring this out into the open. it is this problem that persists now with the clintons. most cases they do not go over the line of what is a legal but they go right up to the line and i think that that is what is frus

steve moore wrote about it in the washington times and he joins us now. g the president's questions about poverty and the news talks poorly about people that are poor? >> well tom, there wasn't virtually a true statement in what president obama in terms of his analysis of what's happened with the welfare state and with poverty over the last 30 or 40 years. really the centerpiece of what he said in that speech was that the war on poverty has been a success, and all these programs have worked to reduce poverty. i looked at the numbers from the mid 1960s through today when we started the great society programs, and it is true that poverty has fallen but almost all of the poverty reduction is because of all the income that we're giving people and all the tax credits and is so on. if you take out those program poverty hasn't fallen at all. and by the way, the whole idea was to get people off of government assistance, but that's not happening. tom: and that's i guess one of the big issues that i have. we've got lots of poverty programs. the rich are always going

stuart: let's bring in steve moore in washington and look at domestic policy for a moment here.domestic policy is a mess because we have not returned to prosperity. i want to know what policy tools are available in the next 18 months to fix the economic mess that we've got on our hands? >> that's a tough one. laugh i mean, i think, you know, we've been waiting for six years for some of these policies to take place, and none of them have. i think there's low hanging fruit when it comes to cutting the corporate tax rate. i think that's pretty obvious. i think republicans and democrats agree with that. stuart: but it's not going to happen steve. >> that's right. you've asked me a tough question stuart. i mean, what can we do with this president in the white house? i'll tell you one thing that we need to get done i do think we need to get this trade deal done with east asia. i think it is good for american workers, i think it's good for american consumers, i think it's good for the global economy. so i would like to see president bush -- i mean, president bush -- president obama pus

and steve moore with heritage foundation, michael with you. so isis claiming responsibility we don't know if that is the case or not but we do know that republican chairman of house homeland security committee saying that they at least inspired this attack. what is your take? >> isis is really developed this global messaging they have gone out to try to recruit. and their measure of success is when individuals whether trained or not take up armed and do something. they are an opportunist organization they see this, they will see yep that is our guys whether they were or were not. this could appreciably be the game changer for so many people there was the question, you can put the message out but will people respond. they did respond, a lot of elements. the attack are equally disturbing. gerri: steve michael said this could be a game changer that encouraging local people here on the soil in america to do this would really change the equation for u.s., what is your reaction? >> it makes me nervous. i was here in new york on 9/11. and a lot of am

here now is steve moore. also a fox news contributor. along with our very own lori rothman. their minimum wage to $15. one study that that that will cost them 19,000 jobs. they decided they will go to $16 an hour. i do not know. maybe they support it. what do you think? >> the races on. we used to laugh at somebody that would propose these really high minimum wages and now this is where a lot of them are going. the end result of this will be people at the bottom of the income scale will be the ones priced out of the labor market. the evidence is very, very clear about this. melissa: let me ask lori rothman a question. this story i actually like. a small town that will do this experiment and they will braze their rates really high. if this blows up, people know where to find the local officials. if you want -- i don't know. they can support a minimum wage. a big box store. outside of san francisco. we just got the job this morning. the economy conditions are something that companies whether they are small businesses or big companies will be forced to pay a higher wage anyway.

ash ply pratt and steve moore like the idea. and another thinks it will suck us all dry with tax dollars. >> i think it's great chrysler is doing this. the government also has a role to play here. you look at land grant universityies and the impact they have on this country followed by the g.i. bill president obama's plan for free community colleges is the best -- >> not as if we don't have the money to pay for it? we have to find the money. >> news for you it's not there. >> sure it is there. >> must be me that it's not there. >> tennessee has proven it's there. republican governor in tennessee, 90% of students are signing up for -- >> i'm talking about 18 trillion$18 trillion more money than we can ever pay back. >> i have two kids in college right now and costing me 100,000 $100,000 a year. >> that's your problem. they should be paying it. >> the problem with having more government aid for universities guess what it hasn't made colleges more affordable. >> chrysler doing this it's their call. >> i am all in favor for it. if c

here to weigh in steve moore of the heritage foundation and liz harrington. steve start with you. what happened to the housing recovery. i thought we were going great guns here? >> you know, gerri, this is so frustrating isn't it? every time you think the economy is going to turn the corner, we're going to get more rapid growth and i confess i've been fooled by the dead cat bounces myself in the past. we keep thinking, things are going to get better, and every time we get a report like this that is such a downer, and this is the pattern for six years since joe biden promised the summer of recovery. what we're in right now is a rut a rut gerri, 2% growth that is not creating the jobs or the incomes that americans need and that's why half of the americans think we're still in a recession. gerri: okay you packed in a lot my friend. let's unpack. that turn to liz and give her a chance. liz we had a bunch of housing initiatives. the president doing all kinds of things to boost ownership in this country. pulling away fees from mortgage loans backed by the fha. all kinds of things done.

steve moore, fellow at heritage foundation. good to see you. saw this, oh, my goodness, didn't dodd-frank stop all of this? you're asking me to stand behind all of these assets of all of these banks that we bailed out in the first place? now i'm still on the hook? >> yeah. you know gerry, i almost fell off my chair when i read this report this morning. what i was thinking, wait a minute, this is deja vu all over again. 10 years ago we were insuring all the mortgages and assets held by banks and investment companies. guess what, we're doing the very same thing. turns out 80, 90% of the new mortgages, gerri carry with them virtual 100% taxpayer guarranty of repayment. doesn't it sound like we've seen this movie before. gerri: oh, boy. >> people say these risks. these are small risks. freddie mac and fannie mae taking out record amounts debt, don't worry about it. that is exactly what they said eight years ago on the eve of the financial crisis. it is very disturbing. >> i heard all that before too. >> exactly. gerri: so we're guaranteeing 60% of

steve moore, eleanor clift of the daily beast. up nextmelissa harris-perry. see you next week.e's work. we strive for the moments where we can say, "i did it!" ♪ ♪ we are entrepreneurs who started it all... with a signature. legalzoom has helped start over 1 million businesses, turning dreamers into business owners. and we're here to help start yours. this allergy season, will you be a sound sleeper, or a mouth breather. well, put on a breathe right strip and instantly open your nose up to 38% more than allergy medicines alone. so you can breathe and sleep. shut your mouth and sleep right. breathe right. there's a more enjoyable way to get your fiber. try phillips' fiber good gummies plus energy support. it's a new fiber supplement that helps support regularity and includes b vitamins to help convert food to energy. mmmmm, these are good! nice work, phillips! the tasty side of fiber, from phillips'. >>who... is this?! >>hi, i am heinz new mustard. hi na na na na >>she's just jealous because you have better taste. whatever. >>hey. keep your chin up. for years, heinz ketchup has

victim karen and chris because he park it right around the the corner from chadwick at 1700 moore street. >> steve, thanks very much. >>> 5:08. gruesome discovery in delaware county, a body was found inside of a suitcase, and then a man walking his dog near old westinghouse plant in essington found the suitcase yesterday and police think the the the man is possibly in his 20's. >>> an autopsy will be done today to determine not only the cause of the death but the the victim's identity. >>> also in delaware county a man facing charges for assault on two women earlier this week, paul curtis is accused of attacking woman as he ran along a trail on tuesday. he's also charge with the similar incident that happened wednesday in media near a restaurant at orange and pearl street. police say both women reported what happened, curtis, by the way remains in jail right now. >> 5:08. so many people excite because pope francis will be coming in of course, september but you may see more of him well before then. >> yes, the holy father will be the latest figure to grace an outside wall in this city of murals. >>

let me say this steve this has been a shock to some people. terrence mooreook it didn't go far enough. but some people have suggested that because the new england patriots have been so untouchable, that anything like this, first-round draft picks as well as the suspension of america's quarterback tom brady, indicates that the nfl is pretty serious. where do you come down on this? >> yeah, i think this is a pretty big deal. take a few different pieces of it here. look at the fine. a million dollars fine for the organization here. you go back to the spy-gate thing in 2007. there were a couple of fines that totalled $750,000. so this goes bigger than that. a first round draft pick next year, that's a big deal. fourth round pick in 2017. i just caught the tail end of your previous conversation but i know it sounds like the guest was saying it doesn't touch belichick. but belichick is picking the players for this team. belichick is not going to be able to have a first-round pick next year. it's a pretty big deal. for brady, it's a quarter of the entire season. so

memorial is at christopher high school starting at 830 tonight >> pam moore: happening now the warriors are preparing for play of battle steveo even up the series against the grizzlies at the right now is down in memphis tipoff now less than 30 minutes away and kron 4 jr stone is live with the warrior fans at a sports bar in oakland . >> jr stone: the bar as a starting to fill lot businesses of warrior propped ride out here you get your hat and glove on the looking fancy what's going on here the bar >>: of a party going on here legionnaires line and telegraph putting new the back in oakland schools >> jr stone: so if you need to raise money for kids is celebrating our warriors at the same time i do hope with some concelebrate are you worried >>: know i'm claiming that this is gonna be yet >>: the gasify 10 concerts and an organization leaders are all here and talk about it did in respect to the organization >> jr stone: tonight to get to deliver that and watched the warriors basketball you can't beat that he can beat that you heard it a.m. that's what people are making their way out here to see the warriors' basketball >> pa

steve osunsami in baltimore for us again. >>> here in new york tonight, a powerful image as the nypd remembers one of its own. 25-year-old police officer brian moore died today, shot in the head by a suspect over the weekend. officers standing inging shoulder to shoulder saluting as his body was taken to the hospital this afternoon. his family by hid bedside when he was taken off life support. the police commissioner calling his death a great loss to the city. he is the fifth new york city officer shot in five months. >>> now, to the penalty phase in the boston bombing trial. and a side of the defendant we have not seen. you'll remember this message of the defiant dzhokhar tsarnaev in his cell shown to the jury this week. prosecutors saying his gesture to the camera helping to make their case he deserves the death penalty. in court today, his first show of emotion since the trial began, crying when his aunt took the stand today, trying to spare his life. >>> tonight, in california investigators looking for the cause of a tour bus fire right there in the bay area. the double decker bus engulfed in flames on sunday and then here roles running in to

moore's law and everything else. we have a lot more to do and the software developer isn't doing much more working with the same platform. so back and forth and back and forth. and stevefinally said well what i really don't like is you face everyone and say this is a very big orifice and they both about fell out of their chairs. it was too funny. they could not believe they were talking like that. it was fun. and with the photo that i should have given that he shot and this is my favorite of them all. steve is sitting there at his house, when they first sat down they said steve, you don't have any shoes on, he ran upstairs, got shoes and put them on but didn't tie the laces. he is sitting there with the laces untied and difficult is looking like the cat who ate the cunary and that is what the whole day was like. >> i want to set the stage for his return to apple just by concluding with where microsoft from went from there. 1991-2000 microsoft went from 1.2 billion to 23 billion and profit 1.49 billion and stock price increased by 349%. i want to ask you if you were surprised at the time he made the decision to go back? >> i hung a lot about they sold the company and i