anything less than fantastic worth less than 25k. how many young couples could use $30,000 a year or two into their marriage? i think this is a terrific indicator that people have more confidence in the economy. now the next indicator is are they going to start having babies? because the birth rate has dipped to dramatic lows. i also think what s interesting is that during recessions people don t actually stop having weddings. you know, they still have weddings. the question is what do they spend on the little extras? on the wedding band, on tablecloths, that kind of thing. mom makes the food, you cut the flowers out of someone s garden. save a couple grand. they said new york spends the most, manhattan, $77,000 on a wedding. that s just crazy. alaska the most frugal, just over $15,000. the economy is coming back. the only thing dragging it down is washington. sequestration and the payroll tax increase.
my sister, evanora. i m here to serve you. disney s 3-d fantasy adventure earned $80 million the u.s. and $70 million overseas, the prequel to the original the wizard of oz film. james franco played the title role of the fast-talking kansas circus worker who becomes the wizard. have americans been in a spending mood since the holidays? we will find out this week when we get the retail sales report and it s important because how much we shop is one of the best ways to get a handle on how the economy is doing overall. let s bring in kenneth poll carry, the director of floor operations or o neill securities in new york. good to see you kenneth. what are you expecting with the retail sales, good season? i think what you re gonna getcy think you re gonna get weakness in retail sales, right, gone through the shopping season now. now we are into the payroll tax increase, higher gas prices.
is improper. oh, come on. you re talking about obamacare, that s over and done with. no, i m not. it s a payroll tax increase. it s a payroll tax increase. arthel: guys, i just got in my ear that i have to cut this short. so i appreciate the spirited debate. i want it to keep going, but i can t. matt, bernard, thank you very much to both of you for expressing your perspectives. thank you. gregg: spirited. interesting. thanks. drivers in cleveland told to stay off an interstate 90 this weekend and here is the reason. look at this. what a mess. a dump truck with a raised trailer, never a good idea, slamming into a pedestrian bridge. you can actually see part of it hanging right there. you know, it looks like the bridge is a total loss. nobody was on the bridge at the time. the driver wasn t even injured. crews are taking down the entire bridge and now they re going to have to have the highway torn up
you re going to see here, versus what had been planned without sequester. the blue line, up on top. federal spending, senator, still going up and really the sequester almost looks like a drop in a bucket. i hate to say that about $85 billion but that is how it looks? that is what happens with all the chicken little talk suggesting that the sky is falling. it represents a 2.4% cut in what has been a 19% increase in federal spending just since president obama has been president. now, all of us could agree this could perhaps have been handled better if it had been planned for and if flexibility had been provided to manage the accounts and the money but the president said it wouldn t happen. he had no alternative to the sequester, other than to raise taxes again after the fiscal cliff negotiation. and really what the, what the federal government has been asked to do is what the american people were asked to do january the 1st with the president s payroll tax increase where an additional
what s the big deal and the numbers are there, will be people in the country affected by this sequester. although the sky didn t fall, they re right about that, the truth is the effects of the sequester will happen slowly, week by week over the next few weeks or the next few months. this is not like the payroll tax increase and then everyone saw less money in the paycheck but takes a while to see the effects and for the attention they have given the defense industry cuts, especially here in washington, d.c. in virginia. yeah. i mean, there s not been a lot of attention paid to the domestic cuts in particular. david, why do you believe that is? again, this article that outlines how the billions of dollars in mandatory budget reductions in the programs that help low-income people how is it that some folks dismissed the impact that this is having very soon for people that need the most in our country? i mean, tamron, we ask an