i don't know if you would agree with them but i think the american economy. especially it would be if the starting of history of the american economy poses a very interesting philosophical.

hundred thousand people there at this point in the american economy afford to lose them because i would assume that many of them would be entering the labor force and they're speaking english why do you think doesn't see the practicality of making money over those of those people for the economy. i think he probably does see that taking children or people who grew up here has as children there was no fault of theirs that they were brought to the us and then throwing them out eight hundred thousand eight hundred thousand is referring to. that would be very unjust and unfair but we also have another ten or so million. adult illegal immigrants who work in the us for quite a while and the idea of acts of deporting them is also something that really you know some people want to do that but many people in the us me myself included say that if you're here you should you know you made it you got through the hurdles of getting into the country illegally or whatever. if you've been here and you don't have a criminal record and you're contributing to the country you should be allowed to stay and t

a reflection of the disagree with broom of the whole global economy as well as the. balances for the american economy domestically i guess what i'm asking is rather this disagreeably broom has already become an equilibrium of sorts that may stay in place the dressing of which may create more problems than it solves. i was going to graduate school in the one nine hundred sixty s. at the time when there was a dollar shortage and when all of those discussions and all news discussions were of the u.s. dollar shortage and how other countries didn't have enough and how that was a permanent equilibrium now who are the other side of the court and i have no doubt that just about when everybody is convinced it will change yet again the american economy is in disequilibrium in the savings there is not are not as great as its investments and so there is a problem there and the united states needs to take measures and the tax reform bill as i understand from what i've seen of what we could understand of it so far will make things worse better in that regard as i doubt but there is that on the other hand t

i don't know if you would agree with me but i think the american economy. especially be the starting of history of the american economy poses a very interesting philosophical question of when your biggest witnesses or biggest strength trade places so when your biggest weaknesses become your strength. and then american economy in that sense is unique i think in both its exposure and its reliance on the rest of the world i wonder if you believe that it can still be treated as a purely national economy should it be approached as an economy of one country or whether larger considerations always have to come into play well i think that all of us perhaps somewhat more swollen economies the large ones but all of us have to take into account the international repercussions of what we do because we are interdependent which is i mean this streaming kind is getting more and more independent not just the past hundred years despite what some people say but marco polo already was it greece is going to defend its way back when it's been going on ever since and even before

the american economy is by far the largest in the world. t enacted the most significant tax cuts and reform in american history. we've massively cut taxes for the middle class and small businesses, to let working families keep more of their hard earned money. we lowered our corporate tax rate from 35% all the way down to 2196. rate from 35% all the way down to 21%. as a result, millions of workers have received tax cut bonuses from their employers in amounts of largest $3000. the tax—cut bill is expected to raise the average american's household income for more than $4000. the world's largest company, apple, announced it plans to bring $245 billion in overseas profits home to america. the total investment into the united states economy will be more than $350 billion is the next five years. now was the perfect time to bring your business, yourjob is and your investments to the united states. this is especially true because we have undertaken the most extensive regulatory reduction ever conceived. regulation is stealth taxation. the us, like m

is devastating to the salvadoran community the american economy and the american community at large and he gives a specific reason and this next week he says this decision will not only separate salvadoran american children from their t.p.s. holding parents but it will detract from an already struggling skilled labor sector which depends heavily on salvadoran t.p.s. beneficiaries. that point about separating american born children from their t.p.s. holding parents can you relate to that is that something that you are having to think about right now. with the pianist like that with we will be laying in the limbo again where we can all go back to work on chilled concha right now with very then you know heard is one of them was then you know it's concerts and they were right no we go over there that would be like a bait and gang members who. wanted people like we have been done everything. tell us a story about how you got to the u.s.

that's still good for the american economy. can take advantage of it. >> dana: tell me about geopolitically and the issue with china. the trade pacific partnership, it wasn't about trade per se, it was ab finding way for countries to work together to try to blunt china. that's now not happening. it's happening without the united states. the president saying the other day, i'm open to maybe getting back in. is that even possible? >> they'd need to renegotiate it, which won't happen. so the answer is no. the ceo of goldman sachs sent a message out to your point, which is, great, america first is not america alone. does that mean we're now going to join tpp? go back to the paris climate accord, where the americans are the only country that have not joined this? are we going to change our view on jerusalem? on international issues, globalist issues, trump is the great uniter of other countries against the united states. that's not what he wants. >> dana: did you hear anything ab any conversations he might have had with europeans abo

the american economy is by far the largest in the world. >> that was the president on friday in davos. this tweet is just minutes ago from the president. he tweeted this saying our economy is better than it has been in many decades. businesses are coming back to america like never before. chrysler as an example is leaving mexico and coming back to the u.s. unemployment is nearing record lows. we are on the right track. here to weigh in stuart varney host of varney & company on fbn. we are back in business and we're on the right track says the president. >> you ain't seen nothing yet says me. next week anybody who pays tax, federal income tax, their paychecks go up next week. and you've got another round of bonuses coming. increases to 401(k) plans coming. you have the big technology companies next week, they will be bringing back hundreds of billions of dollars to the united states. where is it going to go? some will go to shareholders. some will go to the workers. you already have a growth rate of better than 3%, going towards 4% at the end of this year.

honor of representing 4.4 million hispanic that together contributed over $700 billion to the american economy every year. whether in the halls of congress or the state capitals or white house or corporate headquarters our organization puts the hispanic business community at the forefront of the agenda. how appropriate when we are gathered at the national press club it is no secret to freedom of the press is under attack. along with mary jordan we will candidly commit ourselves no fake news or alternative facts. and all the other members of the media 34 media outlets all

the dreamers? american army bases abroad. good evening. i'm christian fraser in london. his first state of the union address. the stellar performance of the american economy

and elsewhere help the american economy. that has to be understood. of course, the whole nation will hurt with this perception that we are not as welcoming as we used to be. the world is competitive, and there are opportunities elsewhere. at the time i came, the option was unquestionably, if you want to be in a land of opportunity where they welcome talent from all over the world, the place is america. there was no question about it, m.i.t. or stanford. perception is something has changed. yes, i have heard also the anecdotes -- tom: anecdotes of people that may have come to m.i.t.? president reif: that may have come to m.i.t. in other times and also anecdotes of having significant difficulty getting here. we are recruiting to start september 1 and visas got so delayed. they are anecdotes. i cannot quantify them. tom: talk to me about how this changes the american technology workforce. president reif: it is serious stuff. we are very proud of our nobel laureates. our american nobel laureates, look where they were born. just pay attention to that. tom:

and elsewhere help the american economy. that has to be understood. ourse, the whole nation will hurt with this perception that we are not as welcoming as we used to be. the world is competitive, and there are opportunities elsewhere. when i came, the option was unquestionably, if you want to be in a land of opportunity where they welcome talent from all over the world, the place is america. there was no question about it, m.i.t. or stanford. america was the place. right now, the perception is something has changed. yes, i have heard also the anecdotes -- tom: anecdotes of people that may have come to m.i.t.? president reif: that may have come to m.i.t. in other times and also anecdotes of having significant difficulty getting here. some people we are recruiting to start september 1 and visas got so delayed. also, they are anecdotes. i cannot quantify them. this is something that was not there before. tom: talk to me about how this changes the american technology workforce. president reif: it is serious stuff. we are very proud of our nobel laureates.

billionaire warren buffett saying the ballooning costs of health care act as a hungry tape worm on the american economy. >> health care in america is a a big mess and it comes with a big cost. >> health care makes up a staggering part of the american economy. it cost each american roughly $10,000 a year, more than any country in the year. the new partnership says it will be free from profit-making incentives and use technology solutions to provide high-quality health care at a reasonable cost. how? by using their combined buying power or by cutting out middle men like pharmacy benefit managers. amazon is already preparing to sell prescription drugs. today's announcement so big it drove down stock prices for big health care providers. >> we spend way too much and we're getting far too little. they're going to try to make the system more efficient. what they can do, we'll have to see. >> reporter: while today's announcement was light on specifics, experts say it has the potential to be a health care game changer. tom costello, nbc news, washington. >>> tonight, the head of the national institutes of heal

droves, we know businesses are flourishing. flourishing. kinds of good things are happening in the american economyat we could call bragg worthy. bragg worthy. improved dramatically under this presidency. presidency. probably only be talking to the people who agree with him already? people who agree with him already? want to engage in civil discourse as we used to. we used to. come from one outlet that agrees with me all of the time. with me all of the time. might be contrary to our presupposition. presupposition. representative republic that we live in in the united states. in in the united states. about levels of black unemployment and hispanic unemployment. and hispanic unemployment. suggesting that if there is division it is coming from the other side. it is coming from the other side. bringing them can read them in no other way. other way. deep state, with the elite in washington, dc. washington, dc. media often continue to report it as if it actually happened. if it actually happened. said that and that is bound to divide people? divide people? his arguments he has proven beyond buzz that. bu

the left says trump is going to crash the economy. then the economy accelerates and they say obama gets credit for it. >> juan: how about the american people say that. >> jesse: people get a $1,000 bonus check in january 2010, how is that obama? >> greg: the latest polls are 40% believe the economy is better has to do with trump and the others are split. there is no majority of americans. >> dana: for republicans in president trump, they are improving in the last four weeks. part of that is the good headlines. i have a couple points. one is that for democrats who didn't vote for these tax cuts and tax reform, this could have been theirs. president obama did want to cut the corporate tax rate to 27. corporations were excited about that but it wouldn't budge on individual rates. he wanted to increase taxes on the ridge. all of this could've been theirs and the companies that have announced bonuses, imagine what they would've done to bend over backwards to try to help. missed opportunity. the other thing that works in conservatives favor is easy some companies pushing to $15 an hour. that was done without the government telling them they had

there is some confidence that the american economy is in good shape. jane: ambassador, thank you for joining me. nicholas: thank you, jane. jane: as the president was promoting his economic message abroad, here at home, news about the russia investigation dominated headlines. multiple news organizations are reporting that mr. trump wanted to fire special counsel robert mueller last june but was stopped from doing so when the top white house lawyer threatened to quit. joining me is the national political respondent for "the hill." thanks for coming in. how do you think this might change the russia inquiry itself? it willi'm not sure change the inquiry itself, but it will change the dynamics of the president's mood and the disposition in the white house. one of the things about the idea that the story came up now, it really did put back on its heels the further on capitol hill among republicans to really denigrate the fbi and to call into question whether, leading up to the election, there was mr. with the foreign intelligence surveillance, and there was

you watch what their actions are, see if they invest on the american economy why the american economydoing superwell, the economy is booming. i would assess many of them do increased investment. and what donald trump is there to talk about. rob: the argument from trump's standpoint is when you are the wealthiest country in the world globalization often means you take a hit so the rest of the world can come up with that. and bringing wealth back into this country, being a little bit more self-involved. does that make sense? >> it does make sense, what the president is trying to do, working for the american people, comes into office and look to these trade deals and you made a great point, if you are going to be involved in the global economy, takes a hit, and the good of the global community and i work for the american people and i want the best deal for us. why this is good for our allies, general mc master keeps talking about, economic security is good for national security, those things are tied and when the united states is flourishing economically that is good for the entire world

the economy right now? are you worried about the economy? paul: i am very concerned about where we are in terms of the system, the economy, the american economyobal economy. after nine years of what i consider to be a distorted set of policies completely oriented towards what i regard as monetary extremism, combined with what i consider to be the growth-suppressive fiscal policies, regulatory, tax, so i think it has created a distorted recovery that has been partially responsible for this augmentation, exacerbation of inequality that has caused -- in combination of that, and the incomplete recovery has caused this middle-class stress and edginess around the world which has led to some political fringe parties and fringe thoughts, populism. and so after nine years of this artificial levitation on the part of financial assets, high-end real estate, art, the things that rich people buy, what we have today is a global financial system that is just about as leveraged, and in many cases more leveraged, than before 2008. and so, and i don't think the financial system is more sound. i do not think the fixes that have been put into place have actually

course we have the government shut down and about a third of a percent of gdp was wiped off the american economyn economy as a direct result. so this is really important, that it doesn't happen this time. will the shutdown happen? is that some agreement will be cobbled together, but the democrats are linking it very much to what is called the dreamer‘s act, the young immigrants who came to the us with their parents and they need protection and they think that protection and they think that protection needs to come, so they are linking their demands to that before the bill... which is what donald trump is livid about. he has said there may be a shutdown? he has said there may be a shutdown? he has said that and of course he blames the democrats, which is really hard going. considering the republican party controls the two houses of congress. let's say a shutdown happens and we've seen before. one thing that struck me is most apartment say they have contingency plans. we've cnet, it, we've been burned before. how damaging do you think it actually is? i can see in terms of confidence, perhaps the m

too old most of them to the american economy if you look at the number of people who are educated you have almost more than forty percent of african immigrants who are highly educated compared to about thirty percent of american citizens if you look at kenyans who specifically go for specialized occupation and for professional and study reasons you have you know the those who are living in america who are admitting about one hundred eighty five million dollars back into the economy into the kenyan economy so if you put that with the kenyans living in the diaspora you have you know remittances from outside being the highest for and of for this country which is more than coffee or tourism so a lot of african countries with that. this is a reflection of a lot of african countries like egypt nigeria god what's one as well so a lot of africans are asking just what he meant by that given that africans are not necessarily a burden to the american economy gas in london inarguably a pleasure to talk to you. now staying with president donald trump he has canceled a trip to london next month to

it's america first during his speech at the world economic forum in davos mr trump said that the american economy remains his top priority and that the nation is open for business but america for years does not mean american alone when the united states grows so does the womb. immigration and the future of the so-called dreamers will be the other key issue the president has suggested that he's open to protecting the seven hundred thousand children of undocumented migrants who live in the u.s. illegally in return the president wants the senate to approve billions in border security funding and that includes of course funding for the wall let's go now to washington to our washington bureau chief alexander phenomena she's on the story for us tonight good evening to you alexander so we've got now if i'm looking at the clock just under an hour before the president will enter that joint session of congress there to deliver his first state of the union address what can we expect. the white house says that we are going to see a very optimistic brides and unifying speech and the white house has actually r

and just how great is the american economy? weigh up the reaction to president trump's state of the union address. after one of the best januarys on record for global markets, profit taking is taking hold with japan's main stock market already wiping out its gains for the year. let us get started. we are focusing in more detail the uk prime minister's trip to china. the uk prime minister theresa may has announced new education links with china as she arrives for a three—day visit to boost trade and investment after brexit. she has claimed her visit "will intensify the golden era in uk—china relations". but also stressed china must adhere to free and fair trade practices. trade between the two is already worth more than $80 billion and the uk's trade secretary, liam fox, says that exports to china increased by over 25% in the last year alone. but the talks are about more than just trade. the two sides will want to ensure that investment between the two countries is both fair and transparent. chinese businesses have been pursuing

o you agree with that fact >> this is the most divisive president in american history. his immigration proposal will hurt the economyn-spirited, and is contrary to our basic american values of inclusion. it is bad for the economy. >> democrats looked mean-spirited when the cameras were on them. they did not look happy about the gains that were happening. i get your point about who republicans tend to be in terms of financial rewards. they don't have a leader to unite behind p or they don't know who they are donating the money to? --you need >> mean-spirited is, every time you talk about a dreamer, you refer to them as 13 in the same sentence. dreamers are serving the nation with -- with distinction now and are out there and -- on the frontlines after hurricanes and other natural disasters. every time you see the use of ms 13 in the same sentence, that is >> this shouldle be about more than just those, surely. >> if you look at the course of american history, every time we have been added inflection point, whether it was a republican president or a democratic president like fdr, we got to the next level, when preside

honor of representing 4.4 million hispanic that together contributed over $700 billion to the american economy every year. whether in the halls of congress or the state capitals or white house or corporate headquarters our organization puts the hispanic business community at the forefront of the agenda. how appropriate when we are gathered at the national press club it is no secret to freedom of the press is under attack. along with mary jordan we will candidly commit ourselves no fake news or alternative facts. and all the other members of the media 34 media outlets all over the world and then that at most gratitude to the honorable box mom --dash president fox from 2000 through 2006 his legacy speaks of his great leadership to decreased poverty reducing corruption and crime with increasing trade relations. that is a global leader to recognize the value to build cultures and communities and countries. and then we share a long history with economic and social interest. that cannot and will not be inhibited by a wall. but why would the business association care so much? ninety-four of the and t

speech at the world economic forum in davos mr trump repeated his election campaign pledge that the american economy was his top priority and that the country was open for business but america first does not mean america alone. when the united states grows so does the world. immigration and the future of the so-called dreamers will be the other key issue the president's a suggested that he's open to protecting the seven hundred thousand children of undocumented migrants who live in the u.s. illegally in return he wants senate to approve billions of dollars in border security funding so let's get more that from our washington correspondent alexandra of naaman. welcome alexandra. let's talk about the president's speech what can we expect that i feel. well it is a big moment for president trump who has had a very tumultuous january that included a government shutdown a tell all book and a bombshell report that he had thought to fire special counsel robert muller so it is a huge opportunity for president trump now to lay out his political agenda to achievements and to make a case for his ambitious infra

reverse the trend and that's when it ceased to be underrepresented in these well-paying and fast growing sectors of the economy. they signed the bill into law and this was a historic milestone for american workers and industry and the economy as a whole. we are starting to see more of the impact of the tax plan already been prior to being implemented. more than 100 companies pledged to give bonuses, increased wages and employees as a result of the tremendous savings that they will have under the tax law. these tax cuts are for american workers and hard-working hairpins and now they will be able to keep more of their hard-earned paychecks and in addition to doubling the standard deduction, a central component of the tax plan is an expanded tax credit doubling down to $2,000 per child and then independent tax credit also very critically as we maintained as a part of the tax plan including credits for th the families such as the child care credit and adoption credit many elements of the working family agenda and realize realized them as we are empowering the families to thrive. further we are working with members of congress on both sides of the idling and thoughtful leaders across the cou

saying that it's a very racist comment in fact the african union reminded president trump that the american economy was built with the help of african slaves who were taken from this continent when they were making the statement saying that they were loved by a president trump statement you have a lot of kenyans and other africans who are showing pictures of that escapes of africa and beautiful sunsets and of the environment just to prove that africa is not the doc continent as perceived and it seems that that's still is the perception in some people's minds that africa is you know the place of hopelessness so a lot of kenyans are insulted we have the president of botswana who is the first president to directly address this particular issue with from the continent and but so on is a south african country which is a very strong economy it's considered one of the strongest in the continent and he has summoned the u.s. ambassador in that country to explain this particular statement and how that affects relations going forward so quite a backlash there not donald trump is of course suggesting that immi

year low the stock market is at an all time high fantastic for the economy for economy has already surged to three percent growth unemployment is at a seventeen year low liberated the american economy and our economy. well. one man who does not share the president trumps optimism is former u.s. congressman ron paul he told us that the growth in the u.s. economy has principally benefited those already at the top. if you're in the stock market no wealthy person here doing quite well but what we're forgetting here when we listen to this rhetoric of all this optimism is that there's a large segment of our population as have been a difficult time where there is prosperity and more jobs it depends on debt yes an individual can feel very good if they have a line of credit to the bank but eventually that line of credit runs out we in this country benefit because we have the reserve currency of the world we can run up a lot of debt and we can spend a lot of money and even with that we've had a great deal of difficulty his last eight years trying to get out of the recession now i see everything we do is a big bubble and all those q.e. s. that we have dealt with in these last eight ye

he highlighted the strong economy in the sense of many americans that it is improving. on the other hand, there's democrats that believe that at the obama struggled to convince americans that the economy was getting better and that running on a program that all is fine is a problem in a lot of communities. but the big issues that kind of shape, i think, the way that the president is perceived, his temperment and his approach to the job, his volatility and beligerence, he was able to put most of it to the side for a night. it was only for a night. we will have to see what it looks like going forward. >> weigh in, okay. >> i'm sorry? >> sorry, i am having trouble hearing you, my apologies. what i was going to say, president trump did everything that he had to do in this speech. i mean, he did tout his immigration plan. he did really focus on the economy. and you know, telling the personal stories that a lot of individuals did not hear you know, throughout, you know, if they are not familiar with anything in politics they are not familiar with otto, and the two teenage pare

it's america first a during his speech at the world economic forum in davos mr trump said the american economy remains his top priority the country was open for business but america first does not mean america alone when the united states grows so does the world. so immigration the future of the so called the dreamers will be the other key issue the president suggested that he is open to protecting the seven hundred thousand children of undocumented migrants who live in the u.s. illegally and we said the president wants senate to approve billions of dollars in border security funding let's get more from washington correspondent to kind of the morning. welcome back catalina tell us more about what we can expect from today's a state of the union address. hello philo was the focus of his speech will be on the growing economy on trade and on the white house immigration on infrastructure plans and he gratian is a quite important point since the discussions about the government budget where are we to get a peek next week because a new deadline for the government shutdown is the eighth of february th

kenyans who live in the united states remit about one hundred eighty five million dollars to the economy that was in two thousand and seventeen so they're not really a to the american economy as such but these are clearly productive people come through and wonder because you've been in washington thank you. i know it's different countries decide to take part in the winter olympics in film charging in february including plenty of them may not immediately spring to mind in taiwan when twenty three year old lucia sportsman is hoping the games will give a boost to winter sports in his country. faces are new usual challenges for. mainly wrote shafiq. the winter libyan trains on wheels rather than blades and on the roads rather than the run. the time when he's climate isn't exactly conducive to excellence in winter sports but is unpaid by his disciplines local obscurity that was shown as anything else dictated by hope that the sport can be carried on and that taiwan can have people participating in each winter olympics hopefully more and more people. there's a lot more to lose than just lying down early and he's keen to improve the disciplines profile in taiwan where win

in which americans can thrive for the long term, an economy that would create good jobs, higher wages, and more opportunities. so how do we go about doing that? well, the only way for individual americans to thrive is for american businesses and the american economy to thrive. and so we took action to improve the situation for american businesses. prior to the tax cuts and jobs act, american businesses large and small were weighed down by high tax rates and growth-killing tax provisions. plus our outdated international tax rules left america's global businesses at a competitive disadvantage in the global economy. the tax cuts and jobs act changed all that. we lowered tax rates across the board for owners of small and medium-sized businesses, farms and ranches. we is expanded business owners' ability to recover investments they make in their businesses, which will free up cash that they can reinvest in their operations and their workers. we lowered our nation's massive corporate tax rate which up until january 1 was the highest corporate tax ra

seventeen year low the stock market is it in a time high fantastic for the economy our economy has already surged to three percent growth unemployment is at a seventeen year low liberated the american economy and our economy is doing well. but one man who does not share president trump's optimism is former u.s. congressman ron paul he told us that the growth in the u.s. economy has principly benefited those already at the top. if you're in the stock market no wealthy person here doing quite well but what we're forgetting here when we listen to this rhetoric of all this optimism is that there's a large segment of our population as have been a difficult time where there is prosperity and more jobs it depends on death yes an individual can feel very good if they have a line of credit to the bank but eventually that line of credit runs out we in this country benefit because we have the reserve currency of the world we can run up a lot of debt and we can spend a lot of money and even with that we've had a great deal of difficulty is last eight years trying to get out of the recession now i see everything we do is a big bubble and almost we have dealt with in these last eight years have

the american worker. fortunately, a majority in the house and a majority in the senate knew better. we know that the economy is not a zero-sum gain. we know it is completely backwards to think that american businesses need to lose in order for american workers to win. to the contrary, in the 21st century economy, americans are all in this together. when our economy grows stagnant, when taxes and regulations make it harder for our companies to compete with foreign ones, that -- that is when wages fall flat and job opportunities dry up. but when washington gets out of the way and cuts back regulations and modernizes the tax code, when we give businesses more flexibility to invest and expand, then, as we are already seeing, workers reap the benefits. this is not some partisan talking point. as one economist wrote just before we passed tax reform, it's the consensus view -- the consensus view that lowering corporate income taxes would raise the wages of workers. tax reform became lalas than bhowntsdz ago -- bhowntsdz ago. and thanks -- one month ago. and thanks to tax reform, as the chart points out, a million

guest: the american economy is choking on mass influx of jobs created in the last eight years have gone to foreign workers, immigrants, not native-born citizens. net effect, wages have been stagnant, marginalized american workers not in the labor force. you are justifying a system of labor exploitation is what it boils down to, but you are saying no free american worker will do this work. but why did millions of people fight and die in the american civil war, in defense of slavery to basically pick cotton? because they didn't believe free labor would pick cotton under the same working conditions. the sudden of economic privilege, when you make the argument, well, our food will cost more, we'll have to pay more for people cleaning our bedpans. as a fundamentally immoral argument based on exploitation, it is wrong, it needs to stop, the solution, big difference between me and ben johnson, he doesn't believe numbers matter, -- believe numbers matter. as far as he's concerned, raise the sky, the limit, bring in 25 million a year, grow to a million people by end of the century. we need limit