profit numbers, big multinational companies are saying things are slowing down and trade has created uncertainty around business. you have trump s pro stock market on one side. $1.3 trillion in debt is going to be added this next year. $1.3 trillion in debt because of reckless spending by republicans who control congress, reckless spending on pentagon programs that the pentagon doesn t even want, and of course this trillion dollar tax cut for the richest of americans. and the republicans answer, they want to go after health care. true conservative thinking on the deficit there. still ahead, the poll that predicted donald trump s 2016
deck, staggering numbers. we are moving above 3 million people, our profit numbers are embarrassing. i want to share it with you. waiting line, five days. all right. next week, we re going to show you how they cool that building. because, you know, when we were there, it was 120 degrees outside. so we re also going to show you how they use the wind in the elevators, you know, where my ears barely popped going up and down. and we ll tell you about the earthquake that struck a couple of days before our visit. that s our city of tomorrow next thursday outfront. and still to come, tonight s city of tomorrow, california in the grips of the worst drought in a century. san diego s solution for $1 billion. and governor chris christie, we have been waiting all hour for this, governor. we re going to show you something you ve never seen before. in pursuit of all things awesome, amazing,
designer shoe warehouse. citigroup came out with a better than expected profit numbers so that was good news there. those fixed incomes still seem to be a problem overall for many of the big banks. citigroup came in with profit numbers that wowed wall street. citigroup is higher as well and web m.d. really wowing wall street. wow m.d. has been up about 20% throughout the day. everybody loves to self diagnose on the website. they ve about surging demand there. advertising revenue goes up and so many folks love a lot of high flyers, linkedin, facebook, most of those names are bouncing back as well. twitter as well and yelp. most of those names with up arrows. the high flyers has done a little better today. they ve been beaten down recently so we are in the thick of earning season. we re also watching the stock market moving in tandem with the 10-year bond.
in the third quarter of last year, the amount of money corporations paid in taxes on that still remarkably low. in fact, as of november it s $132 billion less than government projections for the a profit they are making. so again, here s what corporate profits look like right now, right? they re at a record high. nearly $2 trillion in a single quarter last year. and here s what corporate tax payments look like right now. somehow corporations are making record level profits and they re paying recession-level taxes. must be nice. what have corporations been doing with their windfall record profits and their low, low taxes? they have not been doing record hiring. meanwhile, overall jobless claims are going down, which is a good thing. the record corporate profit numbers have not been matched by record or even particularly brisk corporate hiring. because as corporate profits have risen over the mast year corporations have mostly just been hoarding that cash. they have not been spending it.
taxes on all those record profits. while corporate profits rose to a record of nearly $2 trillion in the third quarter of last year, the amount of money corporations paid in taxes on that still remarkably low. in fact, as of november it s $132 billion less than government projections for the a profit they are making. so again, here s what corporate profits look like right now, right? they re at a record high. nearly $2 trillion in a single quarter last year. and here s what corporate tax payments look like right now. somehow corporations are making record level profits and they re paying recession-level taxes. must be nice. what have corporations been doing with their windfall record profits and their low, low taxes? they have not been doing record hiring. meanwhile, overall jobless claims are going down, which is a good thing. the record corporate profit numbers have not been matched by