costs. that s fine. the problem is when you restrict suppliers, you restrict the quality of health care. i think the quality of health care is going to go down. i think the lines and the wait to see andists in particular is going to go way up. people are not going to be happy. tracy, when it comes to jobs, is hiring going to go down as well? it is already. we hear it from home depot. we hear small businesses capping out. i don t know who you talked to. the two businesses you talked to might think it s ok, but the rest of the world thinks this is a bloody disaster, to the point where d.c. itself is opting out. they are saying, you know, let s not sign up for this just yet to see how it goes. not to mention, brenda, we see it in the jobs numbers. you ll see it i guarantee you this friday in the friday jobs number. we are hiring more part-time people. they are not rolling over to full time. why? because companies do not want to take the risk because they have no idea how much it s goi
animal planet. who is the one in your hand now? this is a snapping turtle. a common snapping turtle. i m going to kiss it for you on the show. yes, you are stick around. ernie is going to kis kiss the turtle. jobs rocked and stocks shocked. june starting where may left off with a huge selloff. last month, the dow posting its worst monthly loss in two years. and job growth in may the worst in a year. now, someone here seas it is about about to get a whole lot worse. but why? hi, i m brenda buttner. this is bulls and bears. the bulls and bears this week gary b. smith, tobin smith, jonas farris along with mike camp. and former dnc deputy finance director david mercer. welcome to everybody. jim, bad and getting worse? i think it is getting worse. you have got consumer incomes
is 18% more than what a larger firm gets. get in the game. don t take our word for it. go and investigate and get that tax credit. i m fairly sure that you have not run a small business. i have run a small business and do. so don t disqualify me without any informatio information to e contrary. most people have disregarded this because a, it is so complex it makes no sense. b, to be able to take the tax credit you spend months of private sector any you could get a better return on elsewhere. i don t care whether it was not advertised and communicated well. it is an insane law and shows how insane the whole 2800-pages of the thing are too. i m sorry, i got to get everybody in. jonas, should it actually be easy to get a tax credit? everyone is acting like they are mad it is not more lucrative and more costly to taxpayers. the reason is your local coffee bar is probably a starbucks or
it immediately goes from feeling pretty good to ar armageddon and everything will end tomorrow. that is why i think it is time buy rather than zel sell althoh i m skeptical about the economy. jonas, are we going to get better or worse going forward? i think we going to flat line and that is better than going down. i think there is a reason why. two drags in the economy. the rest of the world is slowing down. that is a drag because we have to export to those countries as well. that is hurting. and state and local governments are shrinking. that is going to make unemployment rates high for a long time and hurt gdp for a long time. that is not a permanent problem by the way in the local level. we have the underlying economy that has strength and a tech sector robust and growing. other economies do not have that. all the great companies in the last decade have been created
personal income is up. david is right, wisconsin ranks 50th but toby pointed out and the fact is they ranked 50th before he started. the same argument that da david and the left would make for are obama is what is happening with the trend and the trend is turning around in all of the metrics that matter. so what the real question is. come on, gary, where are you geting that information? you got to let me finish. hold on. what we are really deciding here is free market versus managed economy. governor walker basically is opposed be unions. what the unions want is to manage the economy. it works better for them. what governor walker wants is more of a free market. what happened with the freer market? as we pointed out 30 seconds guy all the metrics are starting to turn in the free market s favor. i got to get everybody in here but then i will give you a chance to respond, david. jonas, go ahead. every state in the union pretty much has a better employment picture and tax reve