eyes on them as well. the department of justice is looking at google. that is where we are going to start. what are you concerned you may find? we are concerned about one player. they think the internet is free. it is not free when they are making $170 billion in those costs are passed on to consumers, consumers don t understand or are not aware they are paying a high price because there is one player. let me play something elizabeth warren said on the campaign trail and get your response to her. we ve got the big banks. we ve got big tech, over and over. we ve got a couple things we can do about this was part one, how about if we got a president who has the courage to enforce the antitrust laws that are on the books? your thoughts on what she
we continue to persist between $400 billion and a half trillion in deficit every year. you don t find your way to the promise land and find your way to devastation. devastation, we re nearing a trillion dollars and likes the guy. it s the most outrageous example of deficit spending imaginable. they borrowed $170 billion to pay for the spending not covered by the tax revenue. amazing. if you run your household like that, you would be bankrupt. these clips are important to remember, rush limbaugh spent years slamming obama to turn around and blame politicians, not himself for squar scares pe about the deficit. this is about the debt that obama created if obama was a ceo of a private company, he would
imports coming in annan the get the deficit up ancestor the fed s model says we lost half a point of growth over time because of this. we lost closed to 400,000 jobs and our trade deficit goes up by $170 billion. president trump. but here is what i m concerned you started to answer my question you used the words auditioned and promised. those sort of. he did. yeah. i think you make a lot of people nervous. the fed is supposed to be independent. when the fed kmarm. as the fed chief. when the fed chairman comes in when somebody comes in for the job they should be forthright about what they re going to do and what they say they re going to do they should do. but here is the point let me thin finish the point this is the point. what the right thing is today. we have a monetary policy that is going to cost the american people more than a half point of growth, a higher trade deficit and close to 400,000
is their unfair treatment of their employees, and walmart specifically is a company he talks about a lot. listen to a smattering of things that sanders has said on the campaign trail. wealthiest family in the united states pays their workers wages that are so low that many of these workers are forced to go on food stamps, medicaid or public housing. if you are worth $170 billion, pay your workers a living wage. reporter: of course, i spent a lot of time on the campaign trail with bernie sanders. parts of his speech where he talks about walmart memorized. it will be a little different today, kate, because now he will be face-to-face with his leadership. what he will do here is foremanally ask that a member, an associate of walmart gets a seat at the table on their board of directors to give the employees a voice. this is about his fullsome argument about treatment of associates with these massive
many multiples of what you could borrow money from a bank for. for whatever reason, this is working for the banks. that s why theyor made $170 billion in interest and fees last year. why would it be bad to reduce the outstanding credit card debt in the country? the reason it would be bad is because it would take away t credit from the people who need it the most. it s not the way to go after that problem. i think there are other, better ways of dealing with that problem. when you shrink the credit base, the people with the lowest credit ratings and the worst credit history are going to lose their access to credit. bobby kennedy wrote a letter in 1964 to the new york state legislature after he had done all that work investigating organized crime, and he asked them to eliminate usury rates in new york because it was the one thing that was forcing people to go to loan sharks because they couldn t get legitimate credit. tucker: i think that s probably right, but in 1960 or whatever, th