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Mcdowell. this is bulls and bears. joining us this week welcome, everybody. gary b, we know this. the dow is up more than 4% since the inauguration. the best 30 days for any president since fdr in 45. right, gary b? exactly, dagen. look, this is a president who has tapped into what the majority of america wants and why they voted for him. look, we have to remember. we re in this little media bubble. even here in fox news. the vast majority of america does not read the new york times. they don t read the new york post. they don t tune into the academy awards. they don t hear what meryl streep has to say. they re normal people. and now they voted for a president out there who says you know what? i m going to give you jobs. i m going to protect your ....
Looking at the earlier moments like fdr in 36 and reagan in 84 with high unemployment rates, the way they won is to say things are not great but if you vote for our opponent, we are going back to the terrible crisis we were in when i became president. it s the choice of me or the other guy. that s what it s going to be in november. great to see you. thank you for your time. the bitter politics of envy. did romney draw the battle lines? controversial pardons for the mississippi governor. he goes free in the final days in office. i m going to talk with the lawmaker working on legislation to prevent it from ever happening again. [ dad ] i m usually checking up on my kids, but last year my daughter was checking up on me. i wasn t eating well. she s a dietitian, and she suggested i try boost complete nutritional drink to help get the nutrition i was missing. ....
i want to bring in the director of the economic research institute. he s trying to get in there. that s a good discussion. this is where i saw you out of the corner of my eye getting excited comparing recessions and recoveries. this one is tough. this one is a real bear. absolutely. but there s actually some patterns here kind of typical. it s just that what we ve had is a jungle variety recession as opposed to garden variety recessions we were used to over the last 25 years. i love talking about the depression, not because we want to go there but there s interesting insights if you look at what happened. hoover, before fdr in 32, raised taxes. nine months later the depression ended and the economy started growing at 10% a year for four years and unemployment fell by 11%. i m not suggesting tripling the tax rate is going to give us a ....
Recessions we were used to over the last 25 years. i love talking about the depression, not because we want to go there but there s interesting insights if you look at what happened. hoover, before fdr in 32, raised taxes. nine months later the depression ended and the economy started growing at 10% a year for four years and unemployment fell by 11%. i m not suggesting tripling the tax rate is going to give us a strong recovery but what i am saying it s more complicated than cutting taxes and increasing spending to get a result out of the economy. the business cycle is really powerful. it s more powerful than these policies of taxing and spending and interest rates. you can do things on the contours to take off the highs and the lows if it s politically what everybody wants to do, but you re not going to change or dictate the business cycle. don t tell that to the political ad campaigns, everybody heading into the next month. ....
In washington of presidents tossing the first pitch of the season. a century ago president taft did it for the washington senators. fdr in 38, kennedy and nixon. president george w. bush marked the debut of the nationals back in 2005. last year president obama sat out opening day and the nationals went on to lose 103 games. what a difference a year makes, we hope. go nats. that s all for today. happy easter. we ll be back next week. if it s sunday, it s meet the press. ....