sean: and welcome to orthelcome to hannity. we are broadcasting live north of atlanta, georgia, where ingi, just a moment, we are going toin hear from the republican- th governor of florida, the democratic governor of the great state of california,a the first ever debate right here on the fox news channel. we will do our best to giveeq equal time to each governor, we will limitli answers to 60 s seconds.h a a 32nd time for rebuttal. let me start by introducing ron desantis, gavin newsom. thank you for being here. really appreciate it.ou i know p both of you personally. i know you are very busy. i know you love your individual states. you have a love for your country as i do.ere where we are, we have never been of this divided in a long time. there are clear differences in yourprof approach to governanced before we begin, one quick note to all of you watching at home. i am the longest running prime time cable host.in i am in my 28th year at fox. i am a conservative. however,
market, i moon, so many people have bought bonds for so long that people are overweight bonds, they have too much money in bonds and eventually they go up, the bonds will go down in value. so investors want to be on the equity side. the other thing is mutual funds for the first time in the last two months had imemployeessives of equity. why, because the interest on everything else is low. are we going to see wall street go up if we keep hearing calls for tax hikes? was that john or jonas? john. big gave the come on big guy! i m not used to toby ever stopping. yeah, toby is correct. i love to give toby a hard time, but he s a smart man. there is president no place foro go but the stock market. real estate has not been good. you re starting to see housing stabilize a little bit, but there is no real place to put money. what he was talking about with the fed is creating this stock
market bubble. when you have unfettered government spending, the place to be is the market and it s not tied to the economy. jonas? the earnings are at an all time high. that s ultimately what i know popped are low and people are piling into stocks. but companies are earning money because people are buying their goods. it s not so bad right now. can we handle more tax increases this year? probably not. but right now corporations are earning a lot of money, more than ever. the economy is starting to handle that. we probably will get by fine with the tax increases that we have. but the ones they laid down for permanent do not cover expenditures laid out by government overt next ten, 20, 30 years. can we face a tax hike this year? i don t think anybody is talk being tax hikes this year action to be honest. i think what jonas said is right. we need to think about how do we save this over a period of time and which taxes do you raise? i don t think anybody is talking about raising