He joins us from detroit with the latest. Hey, grady. Reporter hey, neil. As you said we dont know the specific details of this contract but the news it has even been agreed upon by the two sides is just trickling down to the workers here. Obviously theyre pretty excited by the news. I want to bring in jessica. You came from the plant you work in at indiana to be here at the Renaissance Center where the negotiations are happening. How do you feel you know there is an agreement . Even though it is cold and rain any were excited to be out here at this critical moment representing the union and good news. Reporter what has been on strike without pay . It has been hard on a lot of people. 2 a 50 week a not as at all. Reporter youre a temporary worker, negotiations are behind closed doors. Were told this created a pathway for somebody like you who has worked three years consecutively, will be able to get fulltime employment f that is the case, if you find that out tomorrow, once the contract is put out to you guys, how would that make you feel . What would that mean to you and your family. It will be exciting. I really, were not only out here representing ourselves, were representing all future gm employees and temps. I hope they have created a clear, direct pathway for to us be hired. Reporter three years is how long youve been there youre making essentially half what some of the people around you are making on the floor. How much of a difference double in pay make for you . It will make a huge difference of course, yeah. Reporter you seem all smiles. Hopefully everything works out for you. Neil, local Union Leaders came from all over the country. Theyre here now and meet tomorrow morning. That is when they decide two things. The first whether the tentative agreement is good by them to pass on to workers. 49,000 of them will have to vote on it. The other thing they will decide is whether to officially end this strike. As of right now, even though there seems to be an agreement, the strike is still going on. So that is something we should learn more about in the next 24 hours or so neil . Neil grady, thank you very much. Grady trimble. In the break i was calling a few people about this, some of the broad parameters of the deal. It addresses some overtime issue. The time it takes for a new worker to eventually be up to the full time benefits and levels that current workers are. Remember this was a grandfather clause that new workers were paid at a huge disparity, they said, of between established workers. The established workers were also saying that had to be rectified. The company hasnt rectified this fully but it has narrowed the time range down. Also a promise and a carat thrown out to strikers that we i will be part of the companys Movement Toward electric vehicles. That had been a bone of contention as well. For a lot of employees, there are not a lot of workers in that field. That where you dont need as many. The companys direction toward electric vehicles is sore point for workers, whatever they sign on to is theyre signing on to their employment deaths. That is being addressed here. We dont know the details. We want a better handle. This is four year agreement. There will be talks with Fiat Chrysler and ford, they take it along the same deal to take it to them. We understand its a fouryear deal. It will apparently call for 3 increases in the first two years. The remaining years, where it could be a sticking point, will be paid as an out right bonus, not to move the salary levels too high. At gm, more than other automakers is averaging 60 bucks an hour. That is a real divisive issue for management. We have to get it under control. It will eat into our profits. A long way from. The devil as they say is in the details but lifting automakers stocks, auto suppliers as well. Well be rifling through that ahead of the president s planned presser with the president of italy very, very shortly. Lets get a read from fox news decision desk director arnen michigan. And Charlie Gasparino and patrice lee onuwka well hear from the president shortly. He has been a big proponent of unions in a unusual position for the republican president. Feeling the pain. The company had to reach an agreement with them. They were a crucial voting block for him in some of these states. Wanted to make sure this passes muster with them, if it does, does he take a victory bow here . He has been vocal about the deal and strike. Certainly one of his Campaign Promises to bring manufacturing jobs and union jobs back to the United States. So, maybe a little bit of a lap but i wouldnt take too much of a lap. Lets not forget the United States has been really propping up some of these big Auto Companies and, you know, as a taxpayer you have to wonder what did we get the most for our money and will we continue to get the most for our money in the future. Neil damned if you do, damned if you dont position, right . A lot of Gm Management folks were saying we were rescued, we realize because of this rescue we have to extra carefulcareful with the taxpayer money. We dont want to be silly with the agreement but we love our workers i think is the essentially the message. What are you hearing so far. This is good news for the president without question. We have seen models moodys put out, given what is going on with the economy the incumbent president should be reelected, predicting fairly reelection. Neil that model has worked every time since 1980, except the last election. Except 2016. Neil outside of that. To me the i think that model would work this time as long as the incumbent and the all people think about is the economy. Donald trump if nothing is not beige. He could take a back seat to the economy. He should be able to ride that to reelection. Neil that was a key finding in that, Charlie Gasparino. Were waiting for the president , the president of italy. They were both in the Oval Office Short time ago. President was making a lot of news then. Whenever they have the joint presser. We have charlie to do the italian translation. But you know couple days after columbus day. Neil what do you make of the fact that this strike thing is settled, gets another uncertainty out of the way . Manufacturing has been in this contracting mode, still up from where it was when the president took office. Right. Neil but it has been reversing. What do you think . Listen. Trump had very little to do with this to be honest with you. He will take a victory lap to be honest with you, why not. He should. That is the way you play politics. I wonder, politically watching democrats last night was very interesting, if it matters that much. I think the Democratic Party is coming to the conclusion, slowly, because you could see from the other candidates that Elizabeth Warren is unelectable. If you looked the way they jumped on her and attacked her policies as unworkable, beto orourke and buttigieg, they all came down on here on the sort of lunacy of medicare for all. Neil found it odd, all of sudden they want to make sure things are paid for. My point, there are two things at work. Obviously perceived frontrunner, but they believe, i think democrats are starting to believe she cant win against trump. If you notice, if there was a victor last night was joe biden. If he makes it through this, obviously can win against trump. He can win. Every state poll, i know you say hillary, this is different. He has broad support in the Africanamerican Community which hillary didnt have. He can win, he can win in oneonone. Now the problem is, does he get there . Last night i thought was fascinating because im watching liberals who are almost on board with warren on everything, almost parroting her stuff, attacking the, attacking her like a republican might attack her. Neil it is whackamole whoever is in the lead they target them. Patrice, one of the things i did notice were all focused as well on the impeachment battle, along comes steny hoyer, number Ranking Member we would like the process wrapped by the end of the year. He is getting concerned about this dragging on and on. What did you make of that . I absolutely think so. That has been the timeline from the start of this. Well be done, hands off come december, going into 2020, early primaries they dont want this to drag them down. In part they recognize this can be both divisive but also a strong turnout for the president. And the challenge with 2020 is going to be what was 2016, nonvoters not turning out. The young people, people of color, people who are less educated, people who are lower income, if they sit out the election, democrats are in trouble. There is so much emphasis and enthusiasm. I think they will turn out. Bidens popularity, among africanamericans cannot be understated here. And that is, that is the turnout that they did not have last time. But not among, i will say not among young blacks. Not among hispanics. Neil it will be tested, it will be tested in South Carolina. I would argue that warren has red the democratic correctly. Democratic electorate wants big change. The base. Electorate. Biden has read the general electorate. The argument that will win this time around, after eight years of charisma, four years of chaos, meaning trump, try netflix and chill. That is the message. That is the message. Neil im sorry i dont get the netflix he is dying to bring in netflix. Neil i see. All right. All right. I think that the, it is, you call it normally, whatever, but i think that in the middle of the country, wants to wake up and not tune in to the news. Neil let me ask you about this. I was following this moodys break down. They have three different models, based on the stock market, another one, pocketbook issues, unemployment. They just look at the, that is how we elect our president , electoral votes, not popular vote. Stock market model means the president gets 289 he electoral votes. 19 more than he needs. Pocketbook, just purely based on pocketbook issues, 351 electoral votes. Unemployment, jobs are issue, 332 electoral votes. Under each and every model, what that is telling you, it is the economy stupid. Assuming that is the case. That is assuming this stays in place for another year. Assuming the economy stays strong, donald trump has clear advantages. The problem is, if you can make it the economy stupid, he wins. And my point is, he does not do that. I think you would Like Fighting from behind. Neil i just want to let patrice get n say that again . I want to say, moodys, when you look at their analysis, also said that the personal characteristics, personal traits of the candidate was not factored into their analysis and could make an impact. Obama had an economy recovering. Neil im glad you mentioned that, a big wild card here was voter turnout, if youre passionate base, to arnins point so annoyed another four years of donald trump they go out in droves. Be clear who is the messenger here. Moodys service. They never, maybe did well on the couple times, they missed every financial crisis. They were positive on the model just telling you. Neil the president will quote them ad nauseam. He will. Should have quoted them in 2006 when they said everything was hunkydory before i covered these guys. They are, they are the worst. They may not know much about economics but they do neil let me ask you this. If you have Something Like this, potential, i agree that you cant throw everything on the president s lap, good or bad, if the gm thing settles, helps the manufacturing sector, perception, it removes uncertainty ahead of the holidays, consumers are already pent up to spend, this is another reason to spend, then you got the china trade deal, problems galore there. It is not signed off yet, but a lot of things are tipping the president s way. This would fuel that argument, right . Thats right. It is possible he will get a china deal or something he can be signed called the china deal. That is good news for the president. Neil even if it isnt a great deal but will call it that. What is great news for the president , everybody but biden. None of those people on the stage, Elizabeth Warren, logically neil you never know. Their policies are so illogical i think trump will win easy against any of them. Neil patrice, im not that old but old enough to remember that the race between john mccain and barack obama was fairly even until financial meltdown. All of sudden barack obama had an eight to 10 point lead. I dont i think he ever lost it. Unexpected crisis can change that. Absolutely. Neil all things being equal this kind of report showing an economy that will dictate the course of the electoral votes, it does look pretty good for the president . It does and you know what is interesting, when we look at the increase in median Household Incomes hitting 50year high, that takes a lot of wind out of the sails for democrats wages are stagnant, American Families are not doing better even if unemployment stays low. When you add to the fact people feel their financial situation, not the just looking at the stock market. But they have money and makes a difference. Neil i keep jumping on you guys. I apologize for that. When charlie is here i just do that. We are going to go back to the president. Take a quick break. He is with the president of italy. Gm is confirming in a statement, we can confirm the uaw statement regarding a proposed tentative agreement. Additional details will be provided at the appropriate time. I gave you a broad blueprint. It is makings of a deal. Well see where it goes after this. No, just a sec. What would it look like if we listened more . Could the right voice, the right set of words, bring us all just a little closer . Get us to open up . Even push us further . It could, if we took the time to listen. The most inspiring minds, the most compelling stories. Download audible and listen for a change. I wanted more thats why ive got the power of 1 2 3 medicines with trelegy. The only fdaapproved 3in1 copd treatment. Trelegy. The power of 123. Trelegy 123 trelegy. With trelegy and the power of 1 2 3, im breathing better. Trelegy works 3 ways to open airways, keep them open and reduce inflammation for 24 hours of better breathing. Trelegy wont replace a rescue inhaler for sudden breathing problems. Trelegy is not for asthma. Tell your doctor if you have a heart condition or high Blood Pressure before taking it. Do not take trelegy more than prescribed. Trelegy may increase your risk of thrush, pneumonia, and osteoporosis. Call your doctor if worsened breathing, chest pain, mouth or tongue swelling, problems urinating, vision changes, or eye pain occur. Think your copd medicine is doing enough . Maybe you should think again. Ask your doctor about oncedaily trelegy and the power of 1 2 3. Trelegy 123 save at trelegy. Com neil all right. To the white house right now. Were awaiting the president of the United States and his counterpart from italy. Sergio mattarella. Mattarella. Mozzarella . Neil Something Like that. The 12th president of italy since world would war two. A largely say ceremony. His own brother was as as as assassinated by the mob. It got him into politics to wipe out corruption. He does not speak english. He will have an translator there. Charlie and i will do our best. I do know italian curse words. Neil you might hear a a lot grazi and showing support. Here centerleft party in italy. Not like our Democratic Party in the United States. A little bit center left. A coalition party. Well follow what the president might have to say on this. What looks like, i stress a deal to end a 31day strike. Bedeviled General Motors and United Auto Workers union. That might provide ease to the economy. We have former Federal Reserve advisor Danielle Dimartino booth. Were talking about manufacturing slowdown and propel Federal Reserve to keep cutting rates. Im wondering though, given the stability and some recent economic numbers. Not all of them. Maybe something as esoteric here, maybe they dont have cut as much what do you think . Jerome powell and federal open Market Committee would prefer to not have to cut Interest Rates. I would think they are pretty excited last week, when the probability of an october rate cut kind of went nosediving towards, into the 50 range. But once we saw that retail sales figure hit this morning neil, that probability shot right back up to 87 . Neil by the way, we tell people, it fell. 3 of a percent. Most people were expecting a plus sign in front of that. Mirror opposite what most people anticipated. Does that worry you . That is sort of a hole that consumers have in their confidence and their buying through the holidays, to keep this economy chugging along . That is exactly right. And as healthy as weve seen Bank Earnings come off of very easy comparables to last year, weve also seen credit card purchases at the big banks coming down at a very rapid rate, suggesting that there may be follow on weakness in retail sales. And this pretty much kicks the last pillar of growth out from underneath gdp estimates. Weve seen bank after bank this morning, taking down their Third Quarter gdp estimates, based on this, based on business investorrieses not being restocked as quickly they had anticipated but were looking at something around the 1 level for the Third Quarter which means were trending down to a fouryear low in Economic Growth. So without the consumer and without the ability to say boy, this economy keeps chugging along based on the consumer, if you take away the narrative, there is not much underneath it. Businesses are pulling back for several quarters in a row now. Neil they are concerned ab