Foundation, we saved the reagan ranch in 1998 in part because thats the site where reagan signed the greatest tax cut in history about 25 across the board, lifted a lot of people, created an era of prosperity in this kujt. Now the Trump Administration says theyre going to improve upon that. Im looking forward to seeing what theyre able to do with it. Gary b. , at this point, why not . We have lackluster job growth, wages actually falling in the most recent months and Labor Participation rate is still going down. So tax cuts yeah, right . Absolutely, dagen. Look, the reason you do tax cuts is as emily said, that historically whether its been john f. Kennedy or Ronald Reagan who have gone and even bill clinton ended up lowering taxes, it has gone to increase the productivity, the gdp, jobs and all that. But even beyond that if you do it the right way, its simple and its fair. And it does the one most important thing, it takes money back out of the government, which weve talked about a mi
Spacex. Fortunately there are people fighting against the cronies. Drain the swamp. John will present a swamp drained the swamp and fight the cronies . Thats our show, tonight. And now, john stossel. John when donald trump talks about the swamp of washington is talking about selfdealing between washington insiders and the politically connected. That comes in many forms. The optic high wall Street Movement was angry because as they see it wa enables corporate greed. [chanting] corporate greed has got to go. John corporate welfare, thats a different point those protesters have a lot of silly ideas but they are right to complain about welfare for corporations. After the housing bubble bursts, banks got real doubts with your money. They paid it back but it might not have been paid back and it might not be next time. When big business goes to washington to partner with politicians it really means they seek privilege is from government. Subsidies and rules that make it tougher for competitor
Foundation, we saved the reagan ranch in 1998 in part because thats the site where reagan signed the greatest tax cut in history about 25 across the board, lifted a lot of people, created an era of prosperity in this kujt. Now the Trump Administration says theyre going to improve upon that. Im looking forward to seeing what theyre able to do with it. Gary b. , at this point, why not . We have lackluster job growth, wages actually falling in the most recent months and Labor Participation rate is still going down. So tax cuts yeah, right . Absolutely, dagen. Look, the reason you do tax cuts is as emily said, that historically whether its been john f. Kennedy or Ronald Reagan who have gone and even bill clinton ended up lowering taxes, it has gone to increase the productivity, the gdp, jobs and all that. But even beyond that if you do it the right way, its simple and its fair. And it does the one most important thing, it takes money back out of the government, which weve talked about a mi
And donald trump would want rates to be raised next week. Because if you postpone until december, hes going to have to deal with that if he becomes the president during his first two to three years, which is going to be tough for whoever becomes president. You look historically, whenever you have times of conflict, specifically war, the incumbent party is almost always reelected. But in times of economic distress, look at really bad times like herbert hoover, st stagflation under jimmy carter, you always have the incumbent party ousted in that case. And i think right now if you see we saw rosengren, the fed chief from boston came out just a week ago and talked about just a quarter point rate hike and the market was down 400 points. Now, a quarter point is not that big a deal. Its what their language is going forward. Theyre talking about raising Interest Rates over 2 by 2018. That is going to be tough for the next president to deal with. If they do it next week, that helps donald trump
Keys to the next president of the United States, gets the keys to the most powerful office in the world. I think, of course, and i think the real key is that the American People, their polling on the side of Jason Chaffetz around 60 of americans say they distrust Hillary Clinton. Not only are they okay with it they welcome these sorts of investigations to get to the bottom of whats going on with secretary clinton and i would like to add im amused by Congressional Democrats newfound interest in spending taxpayer dollars efficiently. Thats delicious. Delicious is a kind word. John, what we did find out from House Oversight chair congressman chaffetz there was evidence that a contractor working for clinton deleted emails after they were despite knowing they were the subject of a congressional subpoena. There was a Conference Call with clinton attorneys before these deletio deletions. Theres a lot that smells awful. Whats wrong with looking into it . Because nothing is going get done. That