vision leads, open your eyes. because we ve been living it for the last three years. it leads to lost jobs, lost homes, lost dreams. it s time to end that vision. martha: i m joined now by steve forbes who is chairman and editor and chief of forbes media, and a former candidate himself e. he knows what it feels like to be out there talking about the economy. good to see you. good to see you. martha: you go so much on the housing market, whether we are seeing signs of life, and then you get an unemployment number like we did this week and it seems we might be heading in the opposite direction. what is your take. the economy is slow moving forward . like a car on the super highway we are going about 30, 35, instead of 65, 70. the big thing is uncertainty. that s why companies don t hire
work environment? his post reason real life experience was earlier in the obama administration he was the chief economist for the treasury department. while there one of the big things he was very active in was the build america bonds program which helped a lot of cities and states raise money with the federally backed programs that was a a bit of a boom to the wall street banks. his research on unemployment the most important piece has to do with the minimum wage. a lot of people say if you raise the minimum wage, you will make it so that companies don t hire as much. what his research has shown is, even if you raise the minimum wage, companies will still hire. greta: i guess it depends on whether you raise it a dime or $50. of course. greta: tell me, in terms unemployment dogging this country. there s so many americans across the country, as you
work environment? his post reason real life experience was earlier in the obama administration he was the chief economist for the treasury department. while there one of the big things he was very active in was the build america bonds program which helped a lot of cities and states raise money with the federally backed programs that was a a bit of a boom to the wall street banks. his research on unemployment the most important piece has to do with the minimum wage. a lot of people say if you raise the minimum wage, you will make it so that companies don t hire as much. what his research has shown is, even if you raise the minimum wage, companies will still hire. greta: i guess it depends on whether you raise it a dime or $50. of course. greta: tell me, in terms unemployment dogging this country. there s so many americans across the country, as you
workers is not borne out by the evidence. with that said, ihç don t want to see this trend continue. john, the evidence does bear this out. it does bear this out. companies again are coming on fox business and saying to me, i cannot hire, it costs too much they have to be temporary, i can t afford the benefits jonathan. that s the reality. of course. companies don t hire because tl?% are all truists they want to make a profit. the problem is our government has made hiring those employees so cumbersome, so expensive. tracy, forget the uncertainy, what about the actual certainty of the social security tax, medicare tax, unemployment tax, workers compensation. employer $60, 65, $70,000. we all would love to have more fulltime worker the problem is we ve may it more expensive for the employer to make that
the big economic push coming from the president this week traveling to milwaukee and to cleveland. what do you think we re going to hear out of him? people are really looking for answers and looking for him to tie together the housing market with the job market in a more coherent way because, you know, worried about the value of your house, you don t spend money. when companies don t hire, you don t buy a new house and people are looking for a big picture tie it together of the different parts of the economy. last but not least, for most of us that own our homes, we shouldn t look at them as the big cash cows that they used to be? no. not as many people eager to own and not the engine of wealth creation for our generation that it used to be. thank you so much. appreciate it. thank you. apparently sex does not sell anymore. well, at least it doesn t on craigslist. that story for you and explain. plus, remember that jetblue flight attendant that went off