Good morning mayors we have had a busy morning. Welcome to all of you. I encourage you to take your seats. We have a great panel this morning. Welcome our live cspan audience as well. I am the mayor is the city of san diego. Welcome. Our session today is trade. The americas and beyond. One of the most important topics and we have been dealing with certainly in our area in our region. I think all of my fellow mayors are here today the members of the audience in the panel that you will hear from in a second. There has never been a more critical toxicities around the country to Champion International trade and what that means. That is a success and the foundation for many good quality jobs have been created. That is what we will focus on today and get some unique perspective from our fellow mayors and ambassadors. As you know, the us mayors have taken progressive positions on the importance of free trade over the years in terms of transpacific partnership, laws and Environmental Standards
Last fall at the education summit, the governors and i agreed to help look for ways to make sure that our kids are ready to learn. The very first day they walk into the classroom. I have made good on that commitment by reporting a record increase in funds, and extra half 1 billion for something near and dear to all of us. [applause] our approach protects the quality of care and peoples choices. It builds on what works today in the private sector to expand employerbased coverage to guarantee private insurance for every american. I might say, employerbased private insurance for every american was proposed 20 years ago by president Richard Nixon to the United States conference. It was a good idea then, and it is a better idea today. [applause] we cut taxes. He cut taxes for 95 of working families. We cut taxes for small businesses. We cut taxes for firsttime homebuyers. We cut taxes for parents trying to care for their children. We cut taxes for 8 million americans paying for college. Wat
Your apples are ripe. It is time to harvest them. What is the best way to harvest those apples . Do you pick them from the tree or do you chop down the tree . Apples are income. The trees are capital. The reason we want a socalled, consumptionbased tax because we dont want to mistreat capital. But to understand why it is so foolish, dont think about marxism, socialism, free market theories think about it this way, if you chop down the tree or more accurately what the current tax system does if you harvest apples by sawing off branches of the tree, what does that do for your longrun prosperity, your longrun income . You obviously will have fewer apples next year. It doesnt make sense to quadruple and triple tax capital. On this issue marxists and socialists are right they agree with sensible economist. You need capital for long run growth. We should have a tax system treats all income equally. No longer tax income saved and invested. You want neutrality in getting rid of all the loophol
And 58 of the fox poll says she knowingly lied about it. To the markets this monday morning, it looks like the gas price surge is winding down. So, cheer up, everyone, our guy says it will be much cheaper very soon. Varney company is about to begin. Lets see where the stock market is going to open this monday morning. There has been a shift, about a half hour ago, we received news that the Empire State Manufacturing index came in at the lowest reading since the recession. Implying a problem with manufacturing, certainly in the northeast and maybe nationwide. Down goes the stock market. Were off about 70 points at the open. Now look at the price of oil. Down 2. Were at 41. 76 on a monday morning. How about that . 41. 75 right now. And price of gasoline up only slightly overnight and the spike in the midwest affects the National Average and appears to be winding down, maybe its over. Now, that refinery problem in the midwest, did that have an effect on gas prices over the past week, will
Seoulfor reaction. And markets are still looking on the bright side we had a fresh record high on wall street and in europe the euphoria continues, but for how long . And we hearfrom a brazilian cosmetics giant calling on the government to do more to protect the amazon, and we find out why its bought one of britains best known high street brands. As the frankfurt motor show gets under way, with electric vehicles taking centre stage, we want to know whats the one Thing Holding you back from making the switch . Whats stopping you going electric . Let us know just use the hashtag bbcbizlive. Hello and welcome to business live. Many of you have been in touch already. Get your views in about electric, are you plugging in or not . We want to know. Lets start with france. France is braced for mass strikes and protests today mainly about president macrons controversial plans to reform french labour laws. Lets fill you in on some detail. Heres what you need to know the reforms aim to make it ea