Midterms. Absolutely, and any time people feel richer out there, they have more money in their pocket, their job prospects are more. It helps the party that currently holds congress and it helps the presidency. Look im firmly convinced that most people out there have been brainwashed by the Mainstream Media that this is a corporate only tax cut. They wont see a dime. Thats untrue the Tax Foundation has run scenario after scenario where the average person is going to get back two or 3000 and thats going help a great deal not to mention out there once the money is in the people s pockets versus the government in the history of man kind, no one can say i wish the government had the money they spent it a lot better than i did. Every tax cut weve seen all the way back to Calvin Coolidge has been beneficial for this country this one will do the thing. Dagen john, stocks on a record breaking run the s p 500 has had its best postwar bull market ever. Its more than quadrupled and of course much of that was under president obama but its still going strong we created more than 2 million jobs in this country last year. Does that help the gop . Absolutely like seven straight years, six were under president obama 2 million jobs plus this economy continues and gary b. Is right about two things. The left right now is talking from emotion theyre not talking from facts when you dont have facts you argue with emotion. The rich are getting richer and the guy on the Corner Office is getting the tax breaks. Truth is Small Business they will spend that money on jobs and other thing gary b. Was right about is this benefits the gop. Im not a fan of the gop. I dont think they have to be great, they just have to be better than the other side and i think they are better than the other side. They got the tax cut passed looks like they get infrastructure passed you have a lot of people in blue states a lot of democrats on the council for the infrastructure bill. Looks like they will get that passed while people vote with their pocket book and that favor s the gop. Dagen hadley, you already have more than a hundred companies stepping up to give this money from this tax cut to the workers whether its at t, verizon, you name it were talking about hundreds of thousands of people who will get bonuses or feel this in some other way. Thats right. Theyre sharing the success and anybody who said during the monthlong debate over tax reform that this bill was only going to help the 1 it was only going to help corporations theyve been proven wrong and should lose a lot of credibility for that. I dont think that will happen because in politics people believe what they want to believe but ultimately a Strong Economy never hurts for the incumbent party and republicans are in a much better position now having passed that package. Dagen chuck this is what you do for a living but the democrats have really worked themselves into a corner where nancy pelosi is calling this tax reform armageddon and the end of the world, and basically, anything that helps a business that employs your momma or your daddy or your cousin or your brother or sister is bad and i do not think that that resonates with voters. Well let me tell you what resonates and get you all set back and try to talk as slow as i can, a Big Stock Market dont mean youre going to win elections. For all you folks back in east texas ill say this even slower where im from is that under barack obama, the stock market literally doubled. It doubled, and we created 11 million new jobs under barack obama and as a democrat i will admit we lost 61 seats in the congress, so an inflated stock market and even the economy doing relatively good dont always ensure youll have victories. The smartest thing they could do at this retreat if they want to win midterm elections is take his phone away from donald trump and somebody step on it. Dagen [laughter] but jonas, i will argue that was part of the problem during the Obama Administration is that they talked down the economy. There wasnt enough talk and its not just the stock market, chuck. Its also an economy that is growing at a 3 rate likely for the Third Quarter in a row. Jonas . Well, recall a lot of talking down to the economy under obama as well. I will say i dont think its a slam dunk for the midterms. Its going to be tight. Its already tight. It would be nice if these companies paid out these thousand dollar bonuses right before the elections, that would be timed better because i think it would remind people that trickled down actually exists and it does trickle up and i think ultimately whose going to win whose the better messenger of selling trickle down versus trickle up economics. I think pelosi is not a very good salesperson and you would get a tax cut and spend money and the Companies Make money too you dont have to give them a tax cut and they give you trinkets while they earn years and years of Corporate Tax cuts. Thats the pitch that probably maybe a Bernie Sanders when he was younger could sell. I think it does show people that oh, yeah ive got something it wasnt what i was told it wasnt all for corporate america. Personally i think we needed a Corporate Tax cut to resemble the rest of the world so it doesnt matter where the money is flowing it was a requirement but that said it could go either way in an election definitely. Dagen but gary b. , so 80 you were talking about this 80 of americans are going at least are going to get a tax cut with this ; however why do democrats think that cutting taxes for corporations that keep jobs here , that bring more jobs to the country. People in this country are smart enough to know that if my employer is healthy and financially sound, thats good for me and my family. Exactly. Well, dagen as we well know the left is reflectively against the business because what they do is they equate big business, they think its that guy on the monopoly boardWalking Around with a top hat and the cane and theyre all billionaires and so they would like to always pit us against them. In fact, its not. Its people like chuck out there who are probably going to get money back and i would ask chuck directly. Wouldnt you, would you rather, chuck, have a thousand dollars in your pocket or would you rather that thousand dollars be put in the governments pocket . I think i know the answer to that and then i think i know who chuck would support for putting that thousand dollars back in his pocket. Chuck is always for putting money in chucks pocket because chuck likes to go fishing let me be clear. [laughter] there you go. Dagen [laughter] one thing i want to add though, hadley, which could be a head wind for the republicans come november is not dealing with obamacare, because youve got rid of the individual mandate and the tax reform bill. Thats going to be a looming problem whether they can get their arms around remains to be seen. Exactly, and you know to jona ss point what happens right before midterm elections open enrollment for the Affordable Care act exchanges happens every fall and every falcon schumers are reminded what their Health Insurance premiums are going to be and for the past several years weve seen premium increases yearoveryear in the doubledigits so now that republicans have the reigns of control in congress and the white house if they fail to address this issue in a meaningful way and i do believe that repealing the individual mandate or eliminating that Penalty Associated with it is a big step in the right direction but that should be the starting point for reform it is certainly not the finish line. Dagen john final word to you. Look the republicans got one thing done and the right thing they got done but they had both sides of congress and the white house. Were electing the least worse right now coming up in the midterms and to chucks point i think people were upset about the fact they had clinton under bush in the white house since 1980 and they wanted a change and continue a change against incumbents but you got to wick one of the two and now with the tax cut Going Forward with an infrastructure bill looks like the gop will be the one that benefits from that. Dagen youve got nancy pelosi Walking Around with her tax cuts so maybe that works for the democrats. Thanks, guys and gals. Cashing in just over an hour from now, liz claman, what do you guys have coming up . Liz hi, dagen. The media all over that fire fury book that sparked the war of words between President Trump and steve bannon, but why arent they all over the fire fury taking place in our booming markets and economy . Plus, north korea plans to talk with south korea ahead of next months olympics making nice or a masterplan to blackmail the free world before the games begin. Come hang out with us on cashing in well see you at 11 30. Dagen thanks liz well be watching but up here first temperatures plunging sending your bills soaring how this your bills soaring how this freeze could put a look into my eyes you will see what you mean to me dont tell me its not worth trying for you know its true everything i do i do it for you bulls bears. Dagen a deep freeze gripping the nation. Roads icing over, lakes and rivers freezing over. Niagara falls surrounded by ice all over and gary b. Says the big freeze could end up costing you big bucks, no matter where you are. Hows that gary b. . Well, you know, its all based on supply and demand dagen and right now, the demand for everything from heating oil to natural gas to even gasoline is going up, so those prices for the shortterm should go up a little but what happens is everything reverts to the mean. I was just looking to new york thank god im not there because its cold. Its even cold here in florida but right now what is the feels like temperature is six degrees, by next friday, its going to be 40 degrees, so this temporary spike although its frigid out there everyone has the heat on high is going to fade, so maybe a week or so of high prices. Dagen hadley . Weather can affect the economy in a myriad of ways. We havent gotten enough snowfall for our ski mountains so we hope for more snow in the spring but bottom line snowstorm s of any kind are destructive thats bad, that means people lose their lives in some cases but economically speaking they have to spend more on the necessities rather than spending their money how they choose. Dagen john youll see wild price spikes in natural gas consumption hit record levels at though production at a record as well but its also like the fruit crop down in florida prices on citrus fruit are going to go up. Well see spikes as gary b. Said , but gary b. , im in new york right now and i saw walkers on the way to work today winter has come. Im freezing. Im from bermuda you guys and those warm Southern States but fortunately we have a very low inflation we have low inflation because of many things because the Amazon Effect because of the Natural Resources from natural gas to show oil so were starting from a very low base of 2. 49 right now is the average gallon of gas so youre going to see price spikes and because of the low inflation environment its not going to be that bad and fortunately unless the snow lasts forever which i dont think it will hopefully, feels like it has already you arent going to see it for that long. Dagen jonas, this was an Energy Market not prepared for this kind of weather, they have gone numb, no pun intended because the weather was so seasonably warm earlier this season. Yes, we were gearing up for Global Warming a little cold in florida gary its frozen trees down here its really cold. [laughter] i will say look yes theres going to be serious shortterm implications in the market not enough supply in the areas for the increased demand. That said theres not a move like 05 back to 150 oil. There is a ton of oil that was taken off the market because of low prices biopeck and also our own shale production is lower than it was that is there for any long term. We arent going to get 90 barrel or 4 gas prices because that will take a little while but the reserves dont worry about it like last time. Dagen chuck final word to you. To jonas, as the wildlife expert here that lizard is not dead. You just got to warm him up and he will walk away. To gary b. s point about supply and demand were talking about the negativity but you should think about the positive as well think about the long john sales going up and the snow tire sales that are going up and the whiskey sales going up from folks who aint going nowhere just sitting around being cold. How do you warmup a lizard . Dagen do you know what . What you just missed, the fact that that was a very wise Economic Analysis that chuck just did. Exactly. You all should be listening to me. I know mayan it malls. Dagen sounded like a broken window a little bit. [laughter] dagen thank you. Cavuto on business coming up at the bottom of the hour, neil what have you got . Neil hi dagen time to stop burning our cash on countries burning our plant. Rand paul telling me we should spend it on our roads and bridges instead well debate it, and after california becomes the first sanctuary state someone here says the federal government should sue the golden state. Well see you soon. Dagen thank you neil. We cant wait, but coming up here, earlier we told you about the storm outside. Now to the storm in washington, some saying this feud could leave the gop base divided. But one of our guys says the winner of this divide has already been decided just look at the dollar. Dagen as the war of words escalates between President Trump and steve bannon, whose going to win this fight . John says just follow the money. This one is easy look they say the pen is mightier than the sword another class im glad i skipped in college because thats wrong especially when the sword is carried by the president of the United States against a person who is a very successful business person but who runs a website and you compare the leader of the free world against steve bannon, and when they give money they want access, you get that access when you give the president of the United States i think he wins this one. Dagen chuck it is follow the money this is what you do for a living the Mercer Family billionaires were already distancing themselves from steve bannon before this book came to light. People talk about politics they talk about money and politics, you never want to take on the guy thats got the biggest checkbook. People talked about how donald trump won this because he did a lot of Facebook Adam s and was out there on social media but there was a lot of money behind him driving that. You dont want to pick a fight with somebody writing checks and to johns point bannon may be a great strategist but if im paying for things with penny rolls you wont never hear my message. Dagen [laughter] hadley, how does this help gop potentially . Right, i dont think this feud between bannon and trump is really as much of a dividing force within the gop as it could be a uniting force. Theres a lot of people within the Republican Base who may not care for steve bannon so much so leaving him behind could really allow President Trump start or rise even further and it could am was up relationships with Congressional Republicans and people like leader mcconnell, speaker ryan and allow that legislative agenda to move forward get things passed and done and i dont think it will damage the party in a big way. Dagen gary b. , the reason steve bannon was crashing before he took pot shots at the president s children is because he got behind one of the worst candidates, roy moore was in alabama and he lost in a red state which is impossible to do. Id poke fun, dagen at your southern accent but i think thats going to get me in trouble so ill move on. I think its charming. Dagen [laughter] [laughter] in any event look, i think its simple. I think john started out with the exact right point. You know what the rich care about. They care about who has the juice. I remember back then, the rich were all enamered with mitt romney until it looked like mitt romney was going to lose and then this past election was jeb bush and i guarantee right now, theyre behind donald trump because he is the juice. If things start to go south for donald trump, watch the big money shift to the next person who might be in office. Right now donald trump looks good. Probably for eight years, thats where the money is. Dagen well and jonas, many in the gop the establishment starting with Mitch Mcconnell are happy that steve bannon is going out because he was going to run primary contenders against all of the gop incumbent s pick people who really in a general election were not very electable so this looks good for any establishment republican. I think everybody here is underestimating the trump magic. Yes billionaires and money seekers are going to head towards gary b. s juice theres no question about that but thats not the trump magic he didnt win because he gets billionaires to vote for him. The average person following the story doesnt have a lot of money hears trump say bannon went crazy. You look at the two of them and its like trump looks like he belongs in trump tower and steve bannon looks like a guy you dont want to sit next to on Public Transportation and thats what ices this for trump. [laughter] dagen [laughter] john you get the final word. Being from the south i think gary b. Has the accent. Dagen [laughter] [laughter] i would agree. I totally agree. Dagen i love you all. Big group hug. [laughter] thanks you all. Special thanks to hadley and chuck for joining us everybody. Did you make a new years resolution to lose weight . What about for your pet . Turns out thats a pretty huge problem. Fear not one of our guys has a pick to help your pet get building a website in under an hour is easy with gocentral. From godaddy in fact, 68 of people who have built their. Website using gocentral, did it in under an hour, and you can too. Build a better website in under an hour. With gocentral from godaddy. Tag predictions, gary b. , go. Dagen pet obesity is on the rise although not with my three dogs and cats but i still give them prescriptions and i use pet meds which is pets up 20 in a year. Dagen jonas, youre adage whisperer. Yeah, a thin dog whisperer and until amazon launches their pets products this company should do fine. That could be a few months away. Dagen john your predictions . Roll tide. I think alabama wins a classic on monday and i cant wait to watch it a classic stock that hasnt been winning, as ge. Dagen gary b. , hold your nose . Well, i think its gone the way that georgia will in the playoffs. Dagen jonas, prediction . Joe we can find out basically every computer chip has massive flaw that leads to crazy hacking including apple so i will say that cyber paranoid is good for hacked etf on cybersecurity stocks up 20 in a year. Dagen john help me . You can figure out what the heck he says every week. Dagen and feed cheeseburger. Dagen neil now. We dont like to see our money going to countries that burn our flag. We ought to quit sending good money after bad and what i discussed with the president is i have an idea for using some of that money here at home. Weve got bridges and roads that need repair. We dont we keep that money at home and lets put it into rebuilding our infrastructure here at home. Neil you want to keep burning our flag republican senator rand paul says go ahead well take your aid and spend it here. Is that right or wrong welcome everybody. Glad to have you im neil cavuto to Charles Payne and charlie gasparino, kennedy along with ben stein and adam lashinsky. Charles, to you first. Thanks for sitting in for me, whatever. [laughter] neil now this whole thing, its