lot of people now start sucking up to donald trump. >> hillary is still having a hard time getting rid of sanders. she'll be the nominee but it's tight. lou: the democratic race remains too tight to call. thank you for being with us. fox business' neil cavuto take or now. -- takes over now. >> announcer: this is fox business coverage of the indiana primaries. here is neil cavuto. neil: we still cannot call this thing for the democrats. polls have been closed for the better part of an hour in indiana. most were closed for two hours. donald trump has easily won on the republican side but way too close to call on the democratic side. separately we are awaiting ted cruz supporters in indianapolis
later this hour, maybe just a few minutes away. so we'll be listening to that and getting a game of where the candidate stand. we have the latest delegate count on both side to share with you. jeff, do we know exactly what mr. cruz is planning to say? >> we have no indications at this point that ted cruz is going to drop out of this race here tonight in indianapolis. this is not pretty. i'm looking at the county by county numbers. i count two counties, and we have 92, two counties where he lead. ted cruz that is. this is a nasty loss, but there i no indication from anyone that he's going to drop out. two of the super pacs who are never trumpers put out statement saying they are not done yet. they are going to fight on.
ted cruz is going to fight on and john kasich said he will fight on. tonight' result make no difference to him. neil: did they look at the size of the loss? if it's close it's one thing and if it's as big as it is, another? >> the indication is he will go on. he believes he will win some state going forward. he said the calendar and the way it shifts now begins to fave hip to some degree absent new jersey and absent california. but he still thick he has state to win and anything can happen in a race like this. who knows when donald trump shoots himself fatally at some point. at this point none of the shots have been fatal. neil: yankee *'s chief
strategist is out of the wires saying governor kasich will remain in the race unless the candidate reaps 1,237 delegate before the convention. that could happen. he was expecting to win, but i don't think even he expected to win by this much. reporter: last week in the northeastern primaries and this week in indiana. trump officials are pleased with the way it has gone in indiana. but they are moving on to the next phase of the campaign. one to follow up on what jeff is talking about. they would love to see john kasich and ted cruz drop out of this race. we were talking about cory lawn do you ski a few minutes ago about this. they know it's unlikely so they are prepared to keep campaigning. west virginia is on the king and
trump has an event in nebraska friday. but in term of the transsignificant to general elect mode, we are seeing more and more signs of that and part of it is financial. we have been told the trump campaign is prepared to work with the republican party to raise money for other candidate that are running for house and senate seats. certainly unify kaig and unifying the party is something they talked about. in term of whether he will accept super pac money, we are told he will accept no change on that. and this should be interesting. it will be an expensive general elect campaign if that where we are head. will donald trump as rich and well off as he is raise a significant amount of money on his own? we have been told that the meetings to decide that have not reached a formal stable. they haven't started talking about that but it leave the door
open that that, too, would be a possibility. that's the kind of thing they are thinking about. and we'll hear from the candidate himself. neil: this one, lyin' ted cruz said he will and must win in indiana. if he doesn't, he should drop out of the race, top wasting time and money. deirdre bolton says it's got a lot bigger. this is how it's all looking. the steel industry and his message of bringing manufacturing and jobs back to the u.s. very strong. this area usually pro by is likely to go for trump.
he's looking for almost a clean sweep. what i want to show you is what connell just mentioned. he made a reference to west virginia. trump is expected to do very well there. if you think about this coal industry. we are starting to add up these numbers. you can see already he's above 1,000. that's clear. but if you start going through the calendar. i mentioned west virginia. nebraska, we put this in turquoise, that's expected to go for cruz. but going toward the west, the far west, oregon. these are based on conservative estimate that we have done here. but you can see this jump getting closer and closer to the magic one. not giving donald trump all of these delegates but giving him what we think is a conservative estimate. you just start adding up the rest of the states left on the contest, turquoise blue goes to cruz. but this is without california.
closer to that magic number. if you go to california within the grandaddy of them all with 172, he has 48 left to spare and that's without the unbound delegates. that is just the minimum. so more could go his way tonight. 45 confirmed. neil: less than 200 away. so it could be a very good night and set the stable for a series of good night for the front-running candidate. and we'll see what ted cruz has to say about that. i'm joined by lou dobbs, stuart varney, and kennedy, that would
seem to indicate a big uphill climb for ted cruz. kennedy: this is becoming mount everest without oxygen. though the never trump super pac said they will stay in the race, that's their sole cause. but what is the cruz cause? he's blown all the political capital he has. in part with that kasich deal and also with carly fiorina. so what does he do now? what kind of speech does he give tonight that reenergy eyes his supporters who have seen weeks of missteps and spent momentum. i will be curious to see what he can say to reset the race in his favor. if not, does he look at the road he's got ahead of him which is nearly impossible, and does he get out? neil: it wasn't too long ago that indiana was a gimme for ted cruz. it was his state.
lou: that's where people were talking about the trump train will derail. and ted cruz would set up his first major victory going into california and repeat the success, and trump was doomed to failure. it turned out to be nothing more than fantasy. it makes you wonder what the that justs and his staff to come up with this highly fictional scenario that was to represent what would happen in this tough campaign from indiana to california. we know what happened now in indiana, and we know trump has a massive lead in california. so what has happened is it looks like wisconsin was cruz's waterloo. neil: you look at the size of the defeat for cruz, and look at the polls in california, they don't look good.
what happened to cruz? what happened to cruz? >> i can't say. he moved on to the next five states and won every in the all five states. that's a momentum that's almost irresistible. i think it whole thing is very exciting. trump has won hand down. and he leads a different republican party. this is not the republican party of the country club, chamber of commerce and the wall street connection. this is a completely different party. going in a different direction. it's the hot party, the growing party, the party that is growing in size and taking new members at this point. we haven't seen that from the
republican party in decade. neil: it's part of a seminal turning point in the week of the john boehner comments, lucifer, and whether that came out much nowhere and reminded folks, by the way, trump may be the outside candidate. you are more outside and you are more offensive. not everyone said that, i'm just saying it fueled concern that cruz is not necessarily appealing. >> i would argue cruz was the master of his own undoing and it had nothing to do with john boehner. i don't think people care with john boehner had to say. but in terms -- neil: he would not be the first establishment guy to say i didn't get along with ted cruz. >> it was old hat. i think it was a series of events after he lost in those
five states. every move that cruz made seemed weak and desperate. and whether it was -- neil: he was pulling out all the stops. >> it just seemed weak. every move went over like a thud. it was like carly fiorina, okay, that doesn't get anybody excited. what does she bring to the table other than herself. kennedy: i think it hurt her more than it hurts him. what does she do? she was part of a losing ticket that had nowhere to go. let's say ted cruz stumbled into glorious momentum. it wouldn't be enough to carry him to the nomination before cleveland. but let's say he survived past the first ballot and miraculous i he was the nominee. then you have weeks of speculation about hillary clinton.
people are on it, who is she going to pick. ted cruz didn't have that anymore. it goes to show he did not have long-term foarp sight about his -- foresight about his own campaign. it seemed delusional to me that he would reach out and name a running-mate when he wasn't anywhere near. >> i want to bring in republican leader former candidate as well for the 2008 presidential contest. gary, look at this, i know you are a big supporter of ted cruz. do you think he quits the whole thing tonight? >> i don't think he quits the whole thing. i think that's not in his makeup. probably donald trump didn't do anything to make it likely he would quit by challenging him so vehemently that he ought to quit. i think he will sleep on it and
look at the figures. even with new math, this is difficult to find a way. neil: if this only goal was to stop donald trump from getting the 1,237 within now it looks tough for cruz to do, donald trump could well wrap this up june 7 and call it a day. >> it's a tough mountain to climb. he got into the race because he thought we needed to get back to reagan republicanism. he ran a campaign based on the three-legged stool, lower taxes, strong national defense and pro-life and family. kneel very when did the party turn on him when it was turning on donald trump? what happened? >> there will be histories written about all this. but the one thing we missed is
the mood of the country. i think around the country, there is a sense by millions of the american people not just that times are challenging, but that we are on the edge of an abyss. they have seen american foreign policy unravel. the average flame hasn't had a raise in 8 years of george bush and 8 years of barack obama. there is a populism abroad in the land and a breakdown of values. people are looking at these things and deciding traditional politics doesn't work and they are willing to roll the dice and try something new. neil: we are minutes away from ted cruz addressing his supporters. just playing out the numbers in the states, forget about what
they might add to cruz's total, there is almost no stopping donald trump. >> how could he possibly stop donald trump at this stage. how much could he have the republican party take the nomination away from donald trump and give it to who? that's madness. it's not going happen. >> based on tonight, donald trump will crush in west virginia. one of the strongest counties he has had in the entire primary season, buchanan county, virginia, parts of the coal area, he got 70% of the vote in that county. he will crush in west virginia. he would have to lose badly in california to lose this nomination. >> he's not going to win in california. it's just not going to be enough.
neil: they don't have the numbers to stop trump. you didn't have talk radio coalesce around him. you didn't have republicans show any passion. the governor said he was going to vote for ted cruz. >> people are sick and tired of the republican party which always danced around the issue of immigration. along comes donald trump and said build a wall, and people cheered. he's not afraid to be called a bigot. that's what people are saying. 11 million illegals living here? >> they won't rally around him affectionately, but they have to rally around. neil: begrudgingly going along
with it. if it's half-hearted or they are just not into it, what do you think. >> i think going into the general you are going to have a road with no lane markers that you could see people from all walks of life and all political affiliations coming out for donald trump. kennedy: i will say this about a couple of national polls. a majority of those polls. double digits. but the thing i will say. she's the organizing principal.
they hate her so as much that that will be the coalescing factor. >> i heard people say anybody but hillary and it's a mantra over and over. neil: what do you think what cruz was saying today, maybe a sign of distress in the campaign. trump and the media box, they are all in bed with him, they are all pushing him and all want him. even if you accepted that view, if you cynically think we are in this for the money and ratings. why would we want to end this thing early. >> the news is donald trump. the news is what donald trump has done to the republican party and this election. we follow the news. we put on donald trump because he's making the news. we are not excluding anybody else. if ted cruz made news you would put it out.
neil: there is ratings gold in a contested convention. it denies us all that revenue. kennedy: the greatest thing is the dramatic play for news organizations. the greatest thing would to be have as many candidates as possible on both sides still at each other's throats. i look at ted cruz and think when has he floated an issue like nato or immigration which has eclipsed the news cycle. when's the last time he did that. that's what a presidential candidate has to do if he's going to be successful. >> yesterday when he took on that trump supporter that was t.v. gold. we aired a huge chunk of it as it was happening. i wanted him to do a bill clinton.
any other terrific retail politician. neil: like with black lives matter. >> he could have converted that guy. neil: i saw him and i don't think he could have converted him. >> there ain't no tv performer like trump. >> don't you think there will be hillary clinton plants on the campaign trail, people just like that getting in donald trump's face? neil: a back droip want to raise. the backdrop is what's going on with the markets of late and distressing news if we can rifle through some of this about china slowing down, our first quarter gdp slowing down. sales slowing down. the markets contracting. maybe this is the wind that will
hit hillary clinton head-on. >> that explains why people are restless and want something new. you have 10-plus years of relative wage stagnation. you have got a group of people in this country who have less than $1,000 saved for their retirement. the republican party. regardless of whether you agree with his positions, he sounds like somebody who can get something done. people are fed up with the promises that don't get accomplished. >> we are watching in indianapolis. we have got ted cruz, carly fiorina. carly fiorina addressing the crowd. >> i know that i speak for the entire cruz family, the entire
cruz team when i tell you how many hoosiers we have fallen in love with on this campaign. [cheers and applause] all the wonderful people who have shown up at rallies across the state. the retail stops where people let what looked like awesome food get cold while we all stood and talked about the state you love and the state we have come to love. and the nation we all love. we came together as fellow warriors. warriors in a cause, to save the soul of our party, the character and the future of our nation. and that cause continues and you
are warriors still. you know -- you know what make this country extraordinary. you know that we are extraordinary because while people are gifted by god all over the world, it is only in this nation that so many people have been given the opportunity to realize their god-given gift. we have been given that opportunity because we were founded on two powerful idea. one, that each of us have a right to find and use our god-given gift, a right to life, liberty, and the pursuit of happiness. that those rights come from god and should not be taken away by man or government.
and the other idea, that power concentrated is power abused. so when power gets concentrated in the hand of too few for too long, too many americans and this nation suffer. and you know as i know that in this nation, extraordinary people step up. you have all stepped up. and it has been my great pleasure, my privilege, my honor to stand by and fight alongside one of the great citizens of this extraordinary nation. the ted cruz that i have come to know, the same man you have come to know, think is a man who favors subject and over
sloganeering. who favors respect over insults. who faves positive policy solutions that will actually work over hand waving. it has been my great privilege and honor to come to know him as a friend, as a husband, as a father, he is indeed a great citizen this great nation. so citizens, fellow citizens, as we fight on for the nation we hold dear, and we know our history is long and our future is longer still, please join me
>> god bless the hoosier state. let me tell you about the america that i love. our nation is an exceptional nation. we were founded by rise be takers and pioneers. brave men and women who put everything on the line for freedom. we began with a revolutionary idea that our right don't come from kings or queens or even presidents, but from god almighty. that every one of us has an unalienable right to life, liberty, and the pursuit of happiness. and that to protect those rights, the constitution serves as change to bind the mischief of government.
for more than two centuries we have protected those right. we believe in equal rights for everybody. that everybody deserves dignity and respect. whether they agree with you or not. that there will always be evil in the world and injustice in the world. but america stand up to it and confronts it. plu[applause] even from a montgomery jail our voice for justice and equality rings out for the ages. america is hopeful, optimistic. america is kind. we are not boastful or mean spirited. america is brave. we keep our word. and we believe in peace through
strength. we have spilled more blood, spent more treasure in defense of liberty than any country in history. yet we do not engage in wars of conquest. we do not seek to enrich ourselves at our neighbor's expense. america is the land that gave my mom, an irish italian girl growing up in a working class family the chance to be the first in her family to go to college. to become a pioneering computer programmer in the 1950s. [cheers and applause] i love you, mom. america is the land that welcomed my father as a penniless immigrant.
he had seen oppression, prison and torture in cuba. and for him, america was hope. it was opportunity. and in 1957 if someone had told that teenager washing dishes for 50 cents an hour that one day his son would be elected to the senate and he would get a chance to cast his ballot for his son to be president of the united states ... [cheers and applause] that teenage immigrant washing dishes would never have believed it.
yet that's exactly what happened, only in america. in recent months a lot of people have been talking about what happened 40 years ago at the republican convention in kansas city. our party's last contested convention. when i look back at that convention in missouri, i think of the speech that ronald reagan gave to our party. he spoke not of the next four years, he saw not the close horizons that are of into the those who seek to build their own fortunes in the short term. but instead he looked to the distant times that concern the men and women whose purpose it is to secure the blessings of liberty to their posterity. ronald reagan spoke of the next 100 years and of the generations of americans who would come to know whether our nation had
escaped the existential threat of nuclear war and know whether our party succeeded in its fight against the erosion of constitutional freedoms that only grow and multiply under rule of the democratic party. ronald reagan spoke of the purpose that defined our party then and then must unite and drive our party now. [cheers and applause] the republican party of ronald reagan and of george herberth if nuclear missiles the soviet union and the united states had targeted at email other were never fired and soviet communism was confined to the ash heap of history. [applause]
>> they fought hard so our american freedoms were not lost to any foreign foe nor sacrificed in pursuit of any domestic agenda of the democratic party. yet the challenges we face today remain as great as ever. americans are deeply frustrated and desperately want to change the path that we are on. we have economic stagnation at home. and our constitutional rights are under assault. under the obama-clinton foreign policy, russia has emerged as a resurgent threat. china looks with a covetous eye with our allies in the region and a nuclear north korea and a near nuclear iran look to devastate our homeland.
and radical islami islamic terrm unleashed an evil that threatens the world. two weeks before our party gathers in cleveland. americans will celebrate the 240th birthday of the united states of america. [applause] american parents and grandparents will watch the fireworks with their kids and dream of the grandchildren and great grandchildren to come and wonder lou those future generations of americans will remember what we do not only this summer but in the coming decades. will we rise to meet the challenges that face our nation on the international stage? or will we withdraw and could youecould -- andcower timidly f?
or will we succumb to the tyranny of a political correctness and temptations of racial politics and balkanization at home? will rehold fast to our founding values of hard work and industry or will we continue on that path of creeping socialism that incentivizes apathy and dependency. will we deliver control of healthcare to citizens and their doctors or will we continue down the obamacare road to second-rate socialized medicine. will we keep america safe from the threats of nuclear war and atomic terrorism? or will we pass on to future generations a land devastated and destroyed by the enemies of civilization?
this is the responsibility with which we have been charged by history. this our challenge. this is the fight that falls to our generation. when we launched this campaign 13 months ago, we saw a movement grow. the pundits all said it was hopeless. but we saw over 300,000 volunteers all across this nation. over 1.5 million contributions averaging $60 each. [applause] many of those volunteers, many of those contributions you never forget. just a few days ago, two young
kids ages 4 and 6 handled me two envelopes full of change. all of their earnings from their lemonade stand. they wanted the campaign to have it. that's what built this campaign. that's what fueled this movement. [applause] thank you to each of you. incredible patriots who have fought so hard to save our nation. and i with you. fill so grateful to you. to my amazing wife heidi.
that you have started is extraordinary. i love each and every one of you. from the beginning i said that it would continue on as long as there was a viable path to victory. tonight i'm sorry to say -- it appears that path has been foreclosed. together we left it all on the field in indiana. we gave it everything we got. but the voters chose another path. and so with a heavy heart but with boundless optimism for the long-term future of our nation, we are suspending our campaign.
but hear me now. i am not suspending our fight for liberty. up not us spending our fight to defend the constitution. to defend the judeo-christian values that built america. our movements will continue. and i give you my word that i will continue this fight with all of my strength and all of my ability. you are extraordinary, and we'll continue to fight next week and next month and next year and together we'll continue as long as god grants us the strength to
fight on. for one thing remains as true today as it was 40 years ago in kansas city. in this fight for the long-term future of america, there i no substitute for victory. there is no substitute for the america that each and every one of us loves with all of our hearts, that we believe in with all of our hearts, and that together we will restore as a shining city on the hill for every generation to come. thank you to each of you, and god bless you! neil: ted cruz is now out of the race. he suspended his race. he acknowledged there was not a
path for him to win this thing. it appeared the math favored donald trump and that was what this was all about at outseth set, to stop donald trump from accumulating the delegates he would need. 45 for donald trump in indiana. less than 200 away from clinching the republican mom nation. that leaves only john kasich as the last man standing to try and stop donald trump. but the way the rules are now, john kasich can't compete on that first ballot because he has not won 8 states. he's one only one state. unless they change the rules. it's donald trump's mom nation to lose. >> i think it chains the way we look at donald trump. he will he morning later on tonight. maybe just after 9 rsh. but he walk to the podium. he is now the man who will be
going up against hillary or bernie. he's one of two people who could be president of the united states. they were waiting this out. do you think how dobbs that he phoned donald trump' family to concede tonight? lou: i would hope he did. i have no knowledge whether he did. even though the blood between the two men has been running hot. neil: halfway through your show donald trump tweeted out it was all over for lyin' ted. at least at that point he had not. lot * there was til bad blood between the two at that point. but this goes a long way toward healing. getting out of donald trump's way is something i'm sure he appreciates on the part of ted cruz. i wonder how john kasich is thinking.
saying he's in it forever. neil: his statement was until someone gets to 1,237. kennedy: i those wouldn't drop out. i was wrong. i thought since donald trump started going after ted cruz's father he would ticket up just to foul on that. lou: the other insult that matter. when you start going after your family. neil: his father said god want you to vote for my son. >> think is critically important for donald trump. donald has been trying to crack these two coconuts. hillary clinton has been going after him for week and he hasn't turned his attention to her. he can do that now.
if he want to win in november he has to hit it hard. kennedy: john kasich is not an aggressive candidate. he's a moderate. i think he's the awkward guy sticking around at the party way too long. everyone is cleaning up. they emptied the buffet, taking the trash bags out and kasich is looking around for a few empana -- as. lou: kasich is running fourth in a two-man race. kennedy: he has fewer delegates than marco rubio. what is john kasich doing? bernie sanders is going to particular around for as long as possible because he wants to change the democratic agenda. what is john kasich doing? is there some grand scheme?
neil: maybe the sense that donald trump and senator cruz, i don't think to lou's point, counsel at trump headquarters. we read wire reports that donald trump wanted to make sure cruz's statement was done. as recently as an hour ago he's tweeting aught lyin' ted. do we know if the two chat before that? reporter: i don't know for a fact. we spoke to trump officials about an hour ago. at the time there was encouragement saying we wish john kasich and ted cruz would drop out of the race. but last time we spoke they were making plans to campaign in state like west virginia later on this week. at the time, they were saying that they were assuming even though they would like to see cruz drop out of the race, that
he would stay in. i have not heard from the trump campaign since then. as cruz was speaking the trump campaign officials out here, corey lewandowski among them, were gathered in front of a large screen television. as cruz went into the speech where it was clear he was dropping out, there was a certain degree of cheering from the back of the room where the v.i.p.s have filed in. it seemed earlier as if donald trump might start early. we were told to expect him around 9:00 p.m. eastern time. then we received word he may come out earlier than that. they were all packed in shoulder to shoulder and watching cruz speak waiting for trump to speak. once cruz dropped out there were audible cheers.
there was almost polite clapping that seemed to be led by one of the trump all-time security guard. it was almost a respectful clap for ted cruz. when he dropped out there was definitely loud cheering. and we do not know if the two men have spoken tonight. i want to bring in morgan, a backer of governor jeb bush. the party has had a devil of a time getting a sense of this and accepting this. and endorsing this, that is, donald trump as their nominee. what do you see happening in the days and weeks ahead? >> i think i'm bad luck. this is probably the second or third concession speech which i have been on with you immediate lid after. i think this is -- there is going to be a lot of soul searching going on in the republican party. i'm in d.c. this week talking to people throughout the party to
get a consensus of will you support trump or not support trump. i think the overwhelming majority of party will get behind him base is the nominee. what will make a difference going into november is what happens to the people who do not get behind him. i think we would be foolish if we tried to get exactly what going on now. a lander percent and than normal are saying they will not vote for clinton. it's a bizarre world. neil: john kasich tweeted out the following. ted cruz should be proud of his campaign. texas is lucky to have you.
i'll work in the states i'm strong in. >> what is the point of staying in? you raised the point that bernie sanders stays in because he want to affect the platform. what's kasich in for snow's not going to affect donald trump's platform? maybe he wants to be the vice president. i don't know. what other explanation is there why this man stays in? why? kennedy: one reason bernie sanders is staying in is the money. he's still raking in $20 million or more. he can be a mag that for any democrat who wants to run for office and needs some coin in the senate.
kennedy: he's been criticized for him not helping in those races. neil: we can't call indiana. bernie sanders has the lead. kennedy: it's a barn burner in my birth state. born in indiana. parents met at ball state university. here we are watching an exciting race in indiana which this has given donald trump a key sighsive and important victory here -- a decisive and important victory. ted cruz said the fate of this race rests in hoosier hand. neil: we were talking about, when marco rubio said, even if i don't win in florida i'll still carry on. but he didn't. >> i find it interesting that bernie sanders with half the vote counted leads 53-46.
7 points? it's widening? that's fascinating. neil: i don't know the significance of this. but one of the last cities to report will be gary, indiana. a strong hold presumably for hillary clinton. kennedy: the largest city in the state, predominantly minority and african-american. but indianapolis have actually liberalized. she only opened five offices. held two events there. she knows that she has got the superdelegates. >> what does it tell you about a race when hillary clinton is neck-and-neck with bernie sanders and it's difficult to pull away from bernie sanders. neil: she has superdelegates.
lou: there is an issue with the superdelegates. for legitimacy she has to win the pledged delegates. she would be forgiven if she is thinking about the ghost of 2008. because this is -- neil: you have got to start getting a street cop. kennedy: ways it about bernie sanders -- lou: the pledged delegates are extraordinarily close. >> it many the legitimacy of the candidacy. the interest in that candidacy it's not there for hillary clinton. you can talk about superdelegates -- neil: a million vote lead. >> 20% below where he was in '08. kennedy: bernie sanders is going to california. that's where some of his most fervent support is. we'll make it out -- he will
make it out west june 7. he knows he's not going to win. >> on this evening with so many people pointing at the republican party and the division there, you now with ted cruz out focused on donald trump. he's definitely the presumptive nominee. look at the democratic party, you have a guy quite up there in age. lou: five years older than hillary clinton. kennedy: when i went to high school and dated a boy five years older, it cause scandalous. neil: the background noise could be far more interesting for hillary clinton. the sense of a global slowdown.
stats that are hinting things have grinding to a halt globally. that's not what you want if you are the party in control of the white house and you are facing someone who is a businessman who has a reputation for turning things around. many of his critics will say otherwise. but what happened in the markets. it's just music to donald trump's ears. >> terrible news for hillary clinton. the last thing she wants. she is tied to barack obama and his policies in the white house. toward a neo- recession at neil: but timing is neil: but timing is out of the recession and 92. and he went on to win. if we do see a pronounced slowdown, and i could be wrong, but they would have
to really register in november. >> recall the independent investigator coming out and saying that iran contra was at the footsteps of this presidency. here is something that i think is very important. you said that we could be coming to a standstill. since 2000 this economy has not produced jobs as it had in previous decades, despite two massive tax cuts by george w. bush, as he promised. what we have witnessed is stagnation and wages, 1.8 percent annual gdp growth rather than three to 4 percent which has always been the hallmark of a free enterprise economy. >> we have not had 3 percent
growth in any one calendar year in tenten years. we have had not a stretch that long since at least 1930. >> last time we spoke you were talking about the bush tax cuts leading to stagnation, we did not have spending cuts. you cannot just cut taxes. obviously the equation will not work out in your favor. this administration has done a horrible job. neil: very tilted, obviously. the greatest economy. what he is going to say, get to a convention, look where we were, look where we are. >> he said that yemen was a stable friend. >> don't get me going. neil: ii do want to bring abcafifteen into this.
running in the markets. growing feeling, if i'm in china looking at the emergence of a guy who is all but promised trade wars against me, what am i thinking, what is the world thinking? >> i just want to say with a heavy heart i am conceding defeat tonight. just a joke. [laughter] >> you are kidding about not acknowledging defeat that is yours. >> well, is it mine? i don't know. neil: what is going on? what is the next phase of this global market angst? >> most people don't really obviously know. 's where you get some feeling that the economy could turn south just as the election comes, and i think and
most people would agree that that is not good for the sitting party. one reason is, the entire globe is slowing down,down, the federal reserve chairwoman is out there not raising rates. andand aef corporate profits are not that great. put all that together, and plus you have .5 percent gdp for the 1st quarter. put all that together and it does not look good. we are an integrated economy. we don't have a great things going on here. neil: those guys, the wisdom has been donald trump will get blown out. that we have seen some admiring the guy. so how are they playing things out?