u.s. corporate tax rate before the police 17 law was not an impediment to u.s. corporations doing business, i agree.

they own almost 40% of corporate equities in the u.s. economy. that is not a broad-based sort of increase for people. tort --e that lower lower corporate tax cut does filter down. -- the evidence is pretty weak. if you look at when the tax cut was passed, you see no change at all. the change of private investment. they say it might take more time. i would just argue, over time, i am dubious it will happen because we have had record high after-tax profit corporate ability. notays to me that, that was the thing holding back investment in the economy. low profitability is not the thing holding back investment because profitability was high. i don't understand the description is that it was high before, let's nudge it higher and maybe that will turn the tables. host: you do research for the director of research, what sort of signs are you looking for for a month, two months, three months out. >> what you look for is what happens to after-tax corporate profitability with just change overnight, corporate taxes went from the statutory rate 35% to 21% and

u.s. corporate tax rate was hurting our competitiveness in a global economy. it's not true.ot true for a couple of raisins -- reasons. most corporations paid a lot he raises ahink good point. we have got other pressures on american working families in this economy. health care, low wages. how come we spent all of this time fixing the alledge problem of insufficient corporate profitability through the tax code? it does seem like looking at the wrong place to relieve economic stress felt by most people. the rich not about paying their fair share, here are some of the frustrations found by the pew research center. "some corporations and wealthy people that don't pay their fair share, a not surprising feeling. the feeling that wealthy people don't pay their ship -- their fair share, 62% on that topline number." potomac, maryland, mary, hi there. guest: hello there, yet -- caller: hello there, yes. i belong to a club. mostly it is a women's club. people -- some of us have realized after paying our taxes, the mostly republican women, they feel they have paid a lot more than last y

u.s. corporations from trading with other countries is very conscious and energetic attempt that's carried out by the u.s. by the state department and the treasury department prevent other countries from trading with those countries that have been targeted and we see this in regard to iran we see sanctions against russia cuba venezuela north korea sanctions against china many many countries in the world are sanctioned to one degree or another in order to block certain kinds of trade and normal economic relationships what are considered today normal economic relationships in again the interest of a strategy of global domination. trying to get tough on fake news with president among all micron pushing through a needle to battle misinformation however it seems some social media giants are confused of it just how to implement it too bad he has. ahead of the e.u. elections the french government information service or g.i.s. launched a campaign aimed at boosting voter registration but twitter found that the we usually vote campaign is in violation of france's own anti fake news law and through a

u.s. corporations from trading with other countries is a very conscious and energetic attempt that's carried out by the u.s. by the state department and the treasury department prevent other countries from trading with those countries that have been targeted and we see this in regard to iran we see sanctions against russia cuba venezuela north korea sanctions against china many many countries in the world are sanctioned to one degree or another in order to block certain kinds of trade and normal economic relationships what are considered today normal economic relationships in again the interest of a strategy of global domination former vice head of the l.s.t. some late when they would look on two days yes there are many dangerous situations but the most dangerous situation is cleared to by need toll. as the illegal war against formal federal evolver to go if it was love via and all the wall since then enough gonna stand in your noggin seal are you gonna live beyond mali. need to was surf and it's just toying with the vote and it is killing people in the hundreds of solomons and their followe

u.s. corporations and then of course there's elliott abrams that old war criminal who was convicted of lyingto congress about iran contra and then eventually pardoned by gerald ford he supported the guatemalan dictator who engaged in genocide torture mass killing he's an expert on so-called dirty wars and he is the new u.s. envoy to venezuelan affairs so go figure that's where we're headed and i think this is holland the time for people to contact their representatives and tell them there is a bill pending in the house of representatives it's called h.r. one zero zero four and it basically says use the war powers resolution the which says that the president cannot introduce u.s. troops into hostilities or imminent hostilities unless congress has declared war which has not happened unless there is statutory authorization which there is not or the united states or its allies have been attacked none of those three things have occurred the war powers resolution was used by congress to pass the yemen resolution to stop the u.s. from supporting that horrible war saudi war in yemen and it should ha

u.s. corporations from trading with other countries is very conscious and energetic attempt that's carried out by the u.s. by the state department and the treasury department prevent other countries from trading with those countries that have been targeted and we see this in regard to iran we see sanctions against russia cuba venezuela north korea sanctions against china many many countries in the world are sanctioned to one degree or another in order to block certain kinds of trade and normal economic relationships what are considered today normal economic relationships in again the interest of a strategy of global domination. the both of us playing giant boeing has apologized after admitting a system failure contributed to two recent crash with involving the company's new seven thirty seven model the two disasters happened within six months of each other together claiming three hundred and forty six lives. with the release of the preliminary report of the ethiopian airlines flight three zero two accident investigation it's apparent that in both flights the maneuvering characteristics on

u.s. corporation has suggested the farmers become part of a collaborative protective farming program this would mean they buy seeds and then sell the potatoes back at a pretty agreed price if they don't agree the farmers would have to grow up the potato varieties of the farm a say pepsi co is violating their freedoms and fabricating laws. if you don't know why pepsi co claims that it's in the right according to indian law nowhere in india or in the world for that matter do you find a law that prohibits farmers from growing potatoes really pepsico get this law from sego has violated our basic freedoms with this lawsuit they see that we have broken their patent rights how can they dictate what we can or cannot grow. every year we buy seeds from within the farming community we never buy them from any specific company and have no agreement with any company came and told us we wanted to do business because they promised us a higher price and then filmed our farm they came as traders and were inquiring about the varieties we grow i told them we weren't sure of the variety but it's just white co

u.s. senator from massachusetts called for breaking up some of the biggest farming corporations so that they not only do not have that kind of economic power so that they're wiping out competition so that they're taking all the. it's for themselves but also so that they don't have that kind of political power so the political power is the most important as my right you want to break up big of a big check at the same time raise interest rates because they've all become financial eyes as we report increase the viability of the economy and the ecosystem ok we've got to take a break that when we come back much more farm fresh free range t.v. coming your way to. join me every first week on the alex simon sure and i'll be speaking to guest of the world of politics or business i'm show business i'll see if. u.s. veterans who come back from war often tell the same stories. were going after the people who were killing civilians they were not interested in the wellbeing of their own soldiers either they're already several generations of them so i just got this memo from a certain branches officer says

u.s. senator from massachusetts called for breaking up some of the biggest farming corporations so that they not only do not have that. kind of economic power said that they're wiping out competition so that they're taking all the profits for themselves but also so that they don't have that kind of political power so the political power is the most important as my right you want to break up big big tech at the same time raise interest rates because they've all become financial eyes as we report of the show many times and by increasing the cost of financial fraud you would increase the viability of the economy and the ecosystem ok we've got to take a break when we come back much more farm fresh free range t.v. coming your way. so what we've got to do is identify the threats that we have it's crazy to let it be an arms race. and spearing dramatic development only really. i don't see how that strategy will be successful very critical time to sit down and talk. i think more do good is an outstanding person because he took on the most powerful agency is money for you to stay if you look at it fro

u.s. senator from massachusetts called for breaking up some of the biggest farming corporations so that they not only do not have that kind of economic power so that they're wiping out competition so that they're taking all the profits for themselves but also so that they don't have that kind of political power so the political power is the most important as michael hudson said right you want to break up big big tech at the same time raise interest rates because they've all become financial eyes as we report of the show many times and by increasing the cost of financial fraud you would increase the viability of the economy and the ecosystem ok we've got to take a break when we come back much more farm fresh free range t.v. coming your way don't go. you know world big partisan. and conspiracy it's time to wake up to dig deeper to hit the stories that mainstream media refuses to tell more than ever we need to be smarter we need to stop slamming the door on the shouting past each other it's time for critical thinking it's time to fight for the middle for the truth the time is now we're watching

u.s. corporate market tend to be $5 million and under.rage size for the home market is below $1 million, which speaks to the fragmentation of the market. what you are seeing, investors are getting more and more comfortable moving the trade size up. alix: really interesting. thanks very much. great to catch up with you. david: still with us, megan manulife and ronald temple of lazar. we had a fourth quarter that was this on trading, and maybe first not doing much better. how big of a threat is the automation of bond trading to be big banks? ronald: i think it has been going on for the last 20 plus years. i started in the 1990's myself, and you've seen a gradual evolution of the industry. i think you've also seen major investment banks take advantage of some of the electron of acacian to reduced cost -- the electronification to reduce costs. if we look at the near-term earnings for the group, we firsttely have had a weak quarter. i'm not looking for anything terribly exciting this quarter come about what i think is interesting is zooming ou

u.s. dollar which every corporation, every company tried to do for the last six months given the strength y. what is working with them in china is this trade-in program as well. in emerging market as he mentioned they tend to go in for cheaper phones. if you trade in the new phones to get a discount on new iphones, that is helping sales as well. >> susan also, let me ask you, you're on the phone talking to the cfo. what was the temperature like? were you getting a sense you were sold, this was great quarter? what was your impression of the overall conversation? what did they want to you walk away with? susan: the numbers tell it all. we had embargoed copy. needless to say very impressive, beat on all metrics. melissa: except for iphone sales. susan: except for iphone sales. we pretty much went through the numbers. i asked for streaming which they will update us later on this year. melissa: susan, thank you. thanks to everyone. we will continue to monitor apple after-hours. good stuff. connell: good stuff indeed. the stock up 5%. >>> medicare for all, all for medicare for all? 2020 democrat

u.s. corporation is doing. they're ahead in infrastructure and they're ahead in the government incentives as well. however i would say that the u.s. arguably is -- >> i don't know. >> i would say the u.s. is ahead in building out the actual consumer adoptions of where 5g will actually be used. so i agree with the trump administration in sort of creating incentives and pushing and encouraging more 5g development. however one of the things i think is extremely overlooked in today's announcement is the importance of the 5g infrastructure in cities. so the thing with 5g we never experienced before in history, instead of cell tower every few miles, 5g requires we need an antenna on every square block. melissa: that will be lovely. >> where do i hear the trump administration talking about helping local towns with this? that's a big deal. melissa: that's a huge deal. watch out netflix, disney is joining the online streaming battle. let's go to gerri willis with details. gerri? reporter: melissa that's right. we were wa

u.s. corporations big pharma that will touch on the stuff that we've heard about the really that made a fortune for she called in to the prescription pain killers going to the dia is focused on mexican cartels who's focused only you know as a domestic so it's very pushing i live this nightmare it's a very political issue because people in washington at a supposed to be prosecuting these particular drug entrepreneur or legal companies they didn't want to do it they didn't want to taint their names because they want jobs when they leave the department of justice and that's what happens so i agree with you one hundred percent we need to aggressively prosecute legitimate drug distribution companies when they're killing kids and they're not paying attention to the details now i could tell you because i lived it for ten years when this exploding that drug companies were more interested in my view and making money then caring about the health and the wellbeing of citizens in america and other parts of the world so i have a really strong opinion about that as well ok i mean when you look at what americ

u.s. corporations were run and said, they are not getting the best return on investment. their corporate leaders are kind of lazy, and they are not doing the best for their stockholders. what we need is stockholders to be able to get more. we need corporate leaders to respond more to stockholders. that is what started to happen. one of the first executives who got this message, and who fully was a mant entirely who came to the leadership of ineral electric corporation 1941. his name was jack welsh. he gave a speech in 1981 at the pierre hotel in new york after becoming ge's ceo. he called it growing fast in a slow growth economy. what he said is, "there are things we can do to get those bigger returns." one of the things that he focused on in ge was downsizing. taking the company's payroll and shedding as much of it as he could. the more he shed, the more prices rose. 411,000ts payroll from down to under 300,000 in just five years under welsh. the revenues of the country below and at the same time. he developed a nickname in those days. it was after a weapon that the milit

u.s. corporations are too big and they are ones that use government to their open advantage that is most stiflingifferent things. the breaks are there sometimes when you are angry at amazon for being too big i can see both sides, that saying what is a 2019 thing that a 2016 thing to say, i know it cool because aoctweets it out, people get likes, always cool to hate the rich, and make fun of them, say we'll make mun o fun of ourselv. aoc and bernie sanders are popular he is hold, maybe has a bunch more houses than i do. kennedy: the class welfare is a hollow argument, a washington university professary said many more people enjoy some time in top 1% than democratic socialives will ever let on. there is great deal more economic mobility you look at people's earning, patterns over course of their lifetime. people do move a lot. that is a good thing but the democratic socialives will not admit that is about what happened in america. >> that is why you see many of candidates run away from democratic socialism, you have elizabeth warren talking about what she called a just capitalism. that is what mayo

u.s. corporate grade bond market, getting out of japanese bonds, bonds,and other european and into our corporate. insurers good at predicting equity market performance? i am looking at what they expect total returns will be for the s&p 500 index this year. most of them are between 0% and 10%. if you any allies the returns we've had thus far, we end up with 68% return for the s&p this year. going to happen, but nevertheless it seems like they are behind the curve. are they behind the curve? is there a danger they have to play catch up with that in terms of some of their models? they have generally been very good indirection direction, not so much a magnitude. in 2012 they pretty good the equity markets would rise, and each and every year that has happened. this year they are still optimistic about the equity markets. they are forecasting on the debt markets -- they're forecasting on the debt markets hasn't been a strong. half of the time they've been right, have the time they've been wrong. this year, their view is that rates are going to remain basically where they are. one of the things we are

i think chinese corporate's will still be focused on these issues. in line with what the u.s.overnment wants and going what the chinese government wants. that?ould change we are not right now at a crisis in u.s.-china relations. that madereal push trade with china radioactive in , alternatively, actual concrete steps that make u.s. businesses feel that china is changing, being more open. they wanthings that benefit china as well. actual ways for them to invest. this could be a situation that really benefits both sides. caroline: what are the lobbying elements that you are hearing about? or timtime, tim cook apple, as he may be referred to by president trump, clearly has the year of washington to a certain extent. these are companies that are affected by supply chains with china and would be hugely impacted if they were to ramp up any further. would love to have their items left off the list, the supply chains that have tariffs placed on them. there is huge emphasis right now from the business community. i think getting a quick solution to the trade war would be important for a

u.s. corporate tax rate before the 2017 law was not an impediment to u.s. corporations, i agree. are a lot of claims that the u.s. corporate tax rate was somehow hurting our competitiveness in a global economy. it is not true. mostf the rate corporations after they got there encounters a raise -- of all pay less than that -- got there encounters an vault paid less than that. accountants involved paid a lot less than that. -- that seems like looking at the wrong ways for relieving economic stress. about the fair share. here are frustrations the pew research center has found in their latest report. top tax frustrations -- feeling some corporations and wealthy people do not pay their fair share. feeling that some corporations do not pay their fair share. feeling that some wealthy people do not pay their fair share -- 60% -- 62%. barry, independent line. -- mary, independent line. caller: i belong to a club. it is a women's club. 11 out of 19 people have realized after paying their , mostly republican women, that they have paid a lot more than last year. working classhe has been hood

u.s. corporate debt, is that something that the fed should be considering in the beige book? i mean, given the risk involved? >> you wouldn't really see it here there is some discussion of banking. this is more a look at various growth components of the economy. to the extent it deals with banking, it deals with loan demand and loan growth there's a mention in there in st. louis of the credit quality of borrowers going down. the issue of corporate debt, corporate leverage is something the fed deals with through a separate track which is their supervisory roles. you see that in other reports as well as in speeches. and it's something they're concerned about, whether or not there's reason to do something about it is a different story. >> joe thoughts >> fed is going to ease. can the economy is stabilizing at a weaker level. there's a lot of risk. the fed has -- >> joe >> and i don't see any inflation notwithstanding the beige book >> joe, quick, we upgraded q 1 today. >> i know. >> your part of 2.1% we started at 1. that's where you are >> i'm still at 1. >> -- >> i have a ques

u.s. corporation. they're killing people across this country.irlfriends, mothers, sons. >> how can it be that he's gone >> tonight, we're following the trail of deadly fakes. >> they're just dropping. >> just hit the fan. >> overdose, overdose. >> all the way to the source in china. >> should be a high-end chemical company. no prescription needed. cheapest prices. >> who's making it? >> fentanyl is killing people. we know that. >> and who's dying from it? >> prince's death is a warning sign for people because he took something that ultimately killed him. >> good evening, everyone. i'm amy robach. >> and i'm david muir. this is "20/20." reporting tonight on his six-month investigation, here's bob woodruff. >> ready for takeoff. >> cleared for takeoff. >> reporter: on a cloudy april evening in 2016, a gleaming private jet takes off from the atlanta airport carrying some very special cargo. on board, one of the most iconic musical superstars in the world, the purple one himself -- prince. ♪ ♪ purple rain >> reporter: this is video of prince in atla

u.s. corporate taxes now being hidden offshore or not appropriately taxed when it comes to global businesse doing a lot better to fill the treasury before it has to hit the working and middle class. >> we have a lot more questions for you and so after this break, when we come back, you just mentioned the wealth tax which is elizabeth warren's idea. when we come back after the break, i'd like to ask you what is the best idea you have heard from one of the other he democratic candidates for president. we're going to squeeze in a break here and we'll come back with thatting with pete buttigieg. e back with thatting with pete buttigieg. ing with pete buttigieg. ng with pete buttigie. . . g each day justin chooses to walk. at work... and after work. he does it all with dr. scholl's. only dr. scholl's has massaging gel insoles that provide all-day comfort. to keep him feeling more energized. dr. scholl's. born to move. did you eat all of your treats? ♪ help! i need somebody ♪ help! not just anybody ♪ help! you know i need someone carla is living with metastatic breast cancer, which is breast can

u.s. corporations have like this that are so transformational okay i bought the stock on friday i can sit. i can say i'll wait for 120, 125. why? this is a three to five-year secular story that's going to take this company to josh's point well above 150 towards 175. you're worried about espn, we'll take care of espn when sports wagering in this country is eventually going to become legal and really permeate throughout the society. and that's going to happen at some point espn will be fine. hold on. hold on. >> before you make that point, apologize, i want to hear from shannon, too because you own the stock. >> we bought the stock mid-november we felt like the reason we were buying the stock is we felt if they could reclaim their content and have a direct to consumer offerings, that could provide meaningful upside. that's the thesis for our buy. this is better than we could have expected. to joe's point, the entire package. however, there is, you know, investors need to understand this is going to cost money but they have the parks. they have the movie business that's going to provide the n

u.s. corporate taxes now being hidden offshore or not appropriately taxed when it comes to global business be doing a lot better to fill the treasury before it has to hit the working and middle class. >> we have a lot more questions for you and so after this break, when we come back, you just mentioned the wealth tax which is elizabeth warren's idea. when we come back after the break, i'd like to ask you what is the best idea you have heard from one of the other he democratic candidates for president. we're going to squeeze in a break here and we'll come back with thatting with pete buttigieg. let's be honest. it's kind of unfair that safe drivers have to pay as much for insurance... as not safe drivers! ah! that was a stunt driver. that's why esurance has this drivesense® app. the safer you drive, the more you save. don't worry, i'm not using my phone and talking to a camera while driving... i'm being towed. by the way, i'm actually a safe driver. i'm just pretending to be a not safe driver. cool. bye dennis quaid! when insurance is affordable, it's surprisingly painless. when you rent fr

u.s. corporations big pharma that were pushing this stuff that we've heard about the cycle that made a fortune from all actually come to the prescription painkiller going to the dia is focused on mexican cartels whose focused only you know as a domestic very push and i live this nightmare it's a very political issue because people in washington at a supposed to be prosecuting these particular drug entrepreneur or legal companies they didn't want to do it they didn't want to taint their names because they want jobs when they leave the department of justice and that's what happens so i agree with you one hundred percent we need to aggressively prosecute legitimate drug distribution companies when they're killing kids and they're not paying attention to the details now i could tell you because i lived it for ten years when this exploding that drug companies were more interested in my view and making money then caring about the health and the wellbeing of citizens in america and other parts of the world so i have a really strong opinion about that as well ok i mean when you look at what american c

u.s. corporations big pharma that were pushing this stuff that we've heard about the really that made a fortune from are actually called into the prescription pain killers going to the dia is focused on mexican cartels who's focused on the euro as a domestic so very the. pushing i live this nightmare it's a very political issue because people in washington at a supposed to be prosecuting these particular drug entrepreneur or legal companies they didn't want to do it they didn't want to taint their names because they want jobs when they leave the department of justice and that's what happens so i agree with you one hundred percent we need to aggressively prosecute legitimate drug distribution companies when they're killing kids and they're not paying attention to the details now i could tell you because i lived it for ten years when this exploding that drug companies were more interested in my view and making money then caring about the health and the wellbeing of citizens in america and other parts of the world so i have a really strong opinion about that as well ok i mean when you look at what

u.s. corporations. alix: that was my take away.big that where else do you have to go in order to be able to stand anymore. david: many thanks to bloomberg's-- two peggy collins. alix: taylor riggs monitoring market reactions on headlines. taylor: we got some disappointing data which showed investors are starting to see that brexit is hitting the economy of a little bit. u.k. services pmi dropped below 48.9. the composite pmi as well dropping below 15 at expectations of 50.1. corbyn,resa may facing i wanted to see how traders are positioning into this. sterling now declining, the fewest net shorts since 2018, which means traders really think the pound might start to strengthen. pound may strengthen as we start to get a little bit of clarity and see if this deal can get saved, but not all news is good news because another indicator we are looking at is the twos 10 curve in the u.k. now the flattest going basis since 2008 david: thanks so much to taylor riggs. coming up, but i'm watching, or rather what i'm drinking. [laughter] david:

u.s. economy doing ok, corporate earnings doing ok, u.s. stocks doing ok, so people think the dollar is the best of a bad bunch. yvonne: chris, thank you. our cross assets managing editor joining us. we are also keeping our eye on policy comments from chinese policymakers. we heard earlier from some at the belt and road summit. let's get more from our asia government editor. we have been talking about the pboc and the messaging they have been doing. it seems like they are trying to manage expectations that easing is not going to be as aggressive. >> there are a lot of expectations being managed at the belt and road for him. the belt and road initiative can actually do and who is going to be involved. david: so how i put everything together? we heard comments earlier toward the belt and road summit and then there is the stimulus story . everybody is looking for him to say something. he might not actually say anything that would be misconstrued as an all-out policy bazooka. gotn: the stimulus draft people excited. since then, expectations hav

u.s. as well as corporate issues taken to mean the arrest of its c.e.o. follows. japan's softbank is investing nine hundred million euros in german financial technology company wide or stake a five percent cut specializes in electronic payment services and was a rising star of germany's fin tech sector but was shaken for a while by a series of allegations about its asia operation. through at the beginning of may no country will be able to import iranian oil without sanctions that's what the u.s. government said on monday the oil market was quick to respond and in the long term some countries like turkey abound to struggle once iran's oil stop is turned off but there's no doubt iran itself will be hit the hardest. inflation is up by over fifty percent that means everything is getting more expensive for ordinary iranians but hardly anyone wants to comment on the situation publicly. yet there's already many of you do some have a fixed limited wage like us when prices rose we had to change a lot of things our rent went up we were forced to spend our money on rent inst

u.s. and in corporate america in t way it has in the past. especially compared to countries like china. when you put those two pieces together, recognizing that innovation is one of the key challenges tha people look at as having being cut back bypu goingic. this is a time we're going to seriously, and look at this ia lot more detail. >> no doubt we'll have you back at that point. thanks again for joining us tonight. >> thank you. >>> coming up from semis to social media, two ectors to watch as the earning flood gates are about to open. >>> the chinese coffee chain has filed for u.s ipo. the compa is looking toaise up to $100 million. that could c they plan to open 2 to 300 outlets a month, and at that rate it would overtake starbucks by the end of this year. >>> samsu i said todt's going to delay the rollout of its galaxy fold smart phone. the deviceur needser improvements before it can be sold to customers. it plans to announce a new release date in the coming weeks, there were reporast week of defects and preview models of that phone. the phone was originalayd to be available in the

it got better after the corporate tax cuts and whether that sort of dwindled down because the effect of the tax cuts has waned or because you have the big china/u.snflict. the brexit uncertainty and when some of these global factors come down if we are going to see a surge of corporate investment >> yeah, it's a totally open question to be honest because i don't think we have a generation of ceos that is looking for every opportunity to invest. they feel they can do it all buy back stock invest prudently but still a high hurdle rate i need to get a good return on this project we don't want to just be building empires out there i'm not that much in the camp that says we're going to unleash some huge investment but it could be a added part of the economy. i don't know how much sentiment plays into that. >> i agree with you, too it's a much more shorter term focus these days but the companies that have the wherewithal and can invest, once we get the uncertainty away, you can't blame them right now why would you invest when you don't know what your tariffs are going to be and your in demand is going to be then we'll see who the companies are and i th

u.s. corporation i'd leave and get out of here for good if somebody like that became president. >> there'sen a socialistic revolution from 3.8% unemployment. that's never happened before. it's always like there's got to be a story to sell the story that we're going to take it over and do better. no one wants anything to be changed radically when things are pretty good for most people. >> well the reality of this week said there could be a revolution because there's such a big income divide, that he could see, that's the term he used he said revolution. that's a terrific point and the wealth and equality but its never been changed by policy always been changed by fall of government by plague or something that's happened in a systemic problem so never changed by policy but the wealthy inequality is probably the biggest in the globe's history. david: honestly, john, i think that it's a phony argument, because if somebody is out there with $100 billion and i'm doing better, a lot better you look at the wage growth for example, that came out in the jobs report americans are doing better. they h

u.s. marine corporal received orders to serve a seven month deployment in africa. families said they prayed everyday for the safe return and now that uncle pat is home, those two have a lot of catching up to do. if marine corporal patrick dolan jr. and dante, you too, you are our midnight heroes. thanks for putting a smile on her face. most watch, most trusted, most grateful you spent the eveningok with us. good night from washington, i'm shannon bream. ♪ c >> tucker: good evening and welcome to "tucker carlson tonight." if we want to begin tonight's show with an apology. apologies aren't something you often hear on cable news on this or any other show but we are offering one anyway. there's no lawsuit forcing us to do it, no court order making us or skittish advertisers. we are sincere in this, we mean it. it has to do with joe biden. biden, as you know, is planning to run for president. back in the news this week in all the wrong ways after a series of women accused him of inappropriate physical contact. his first accuser, lucy flores, described what it was like