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it feels to me the next couple years should be quite strong. you will see businesses expecting and i would expect the next two years to be on the current path to be good years for the economy. charles: fire? tammy, i have been watching these things for 20 years. some of the classic dust-ups between maxine walters and allen greenspan. but they beat him up today and would not accept the fact that this economy is on fire. tammy: you have them on display to edit into a commercial for people back home. that does no one any good service because people at home are already benefiting from donald trump s tax cuts and tax reform. but they are still stuck within that pit of not being able to embrace the fact that everyone s lives are improving. they are part of the government but they refuse to. but it also speaks to the fact within what they are stuck in, the financial aspects, they don t want the american people to do well because it hurts their political prospects. i want the ....
gains. they gain when companies get better. they gain in lots of different ways. but so many people have come up to me and said give it to the middle class. give it to people that night and want to spend it. bob kraft, owns the new england patriots. good guy. he does a great job. he was at the white house recently and gave me a super bowl ring. i was very honored. and as he s leaving the white house, he said, donald, i know you are very soon going to be doing tax reform and tax cuts. give it to the middle class, don t gift to us. give it to the middle class. that s what we are trying so hard to do. and you will see how good this is. so important. it is so important. the second plank of our tax framework is to make the tax code simple. americans waste tens of millions of hours and dollars on excruciating paperwork. and you have no idea what you are doing anyway. and compliance every single year, massive numbers of paper. under our framework the vast majority of families ....
plan be derailed if wages do not pick up? there is the presidential pro. robert mueller is said to be looking into whether trump obstructed justice. his policymaking possible in this environment? really matchplan the complexity? why are you in switzerland? ere for the swiss national bank meeting. they have a biannual meeting. last night they even had a big dinner where we heard, showed speak.ke tomas boden we are expecting a move as far as rates. they re expected to stay until 2018 including according to a credit suisse report that came out earlier. 33% of the economists surveyed said there could be a change in the language. the buzz word or phrase is significantly overvalued talking about the swiss franc. compared to the euro, it has been climbing at a somewhat steady pace over the last two and half years going from 90 centimes to 109. they have been intervening and currency markets although that intervention has slowed down. i will talk about that in a few hours t ....
high after reports the i.t. company may be sold to rivals for 20 billion u.s. dollars. an appalling and detestable liar that s what the u.s. attorney general jeff sessions denies allegations he colluded with russia in a heated exchange with lawmakers on capitol hill. i recused myself from any investigation into the campaign for president, but i did not recuse myself from defending my honor against scurlous allegations. the london fire brigade confirms a number of people have died in the massive blaze that has engulfed a large tower block in the western part of the city. dozens are injured the cause is unknown in my 29 years of being a firefighter i ve never seen anything of this scale i m very sad to confirm that there have been a number of fatalities good to see you this morning. i ll start with the breaking news from the iea, the latest monthly report on what is going on in the oil market recent weakness in oil demand growth is likely to prove transitory that ....
today from the conference. it is moving stocks and it is also creating new hope. we do begin with the american auto industry with car prices soaring to all time highs and record numbers of americans are turning to leases to keep those payments as low as possibility. for you, the consumer as well. is behind the wheel for us. give us the lowdown. phil? the numbers are eye popping as are the people taking out good old fashioned auto loans. looking at the first quarter of this year. look at the average auto loan. the amount financed almost $29,000, up more than $1,000 compared to the first quarter. the average monthly payment up to $488. 67 months and between 73 and 84 months, basically to seven years, look at the growth there. 30% of all of the new car loans in the first quarter were to seven years in length. for a lot of people, they don t want to buy or stretch it out over seven years. they are turning to a two, three, or four-year lease. they were done through leases ....