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tv   The Journal Editorial Report  FOX News  November 20, 2016 12:00pm-1:01pm PST

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welcome to the "journal editorial report." i'm paul gigot. a busy week for president-elect donald trump as his team pushes back against announcements of chaos inside the party. mike pence took the reigns on tuesday replacing new jersey governor chris christie. he insisted the ten-week effort to build the trump team is on schedule. trump spent the week meeting with his first foreign leader, japan's prime minister, shinzo abe as well as vetting candidates for top administration jobs with attorney general mike flynn, jeff sessions and kansas congressman mike pompeo all
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among the picks. here's a look at the first days in the trump transition, wall street columnist and deputy editor dave hanger, jason riley, editorial board member mary kissel and assistant editorial page editor james freeman. james, let's start with this pence. there was a night of knives in transition with chris christie getting the knife in the back, i guess, as being pushed out. mike pence taking charge. what do you think of this? >> i think it's an upgrade. when i look at this trump transition, most of all i'm surprised how conventional it is, really. you have all the names coming out of people who have a lot of experience in government. you might have thought given his own conventional campaign, you might see ronda rousey as self-defense. >> why is pence an upgrade from christie? >> i think from a limited government perspective, mike pence is really the person to
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reassure a lot of conservatives during the campaign, persuaded a lot of republicans to come home to trump. and i think you really have a more hopeful output here. >> on that point, a lot of people said that mike pence was betrying his principles by accepting the job. i'm glad he did now that donald trump is president. >> yeah, but even some of these people said he knows his way around washington and donald trump needs someone like that. you have the complaints that the transition has been so chaotic. and donald trump rants on a seat by his pants campaign. but some of these people are saying, his campaign is always on the verge of collapse. >> well -- >> the reality is, even david axelrod came out to say, this is unfair to the trump transition team. at this point, we didn't have all our ducks in a row. and i agree with james, you're seeing names floated, his
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friends and friendemies. he's learning. >> let's talk about the named picked. you have mike flynn, former national security adviser. how comfortable are you with that choice? >> he wouldn't have been my choice. mike flynn has great experience in the military but i'm not sure he has a grand vision of foreign policy. i would have preferred to somebody like ambassador john bolten in a role like that. but it's not a bad pick. mike pompeo was on the house intelligence committee for cia. i think that is a solid pick. jeff sessions for attorney general, i think he might get some push-back in the confirmation hearing. so we'll see how that goes. but i have to say, on the night of the long knives, i was sad to see mike rogers kicked out. he was a really terrific house intelligence chairman. and i think a really solid guy, great experience there. so that was a bit of a shame.
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>> i'm a little concerned, dan, about general flynn's ties to russia. he has written for the crekremls propaganda site. there was a dinner that he sat next to vladimir putin on. but he's a combat veteran and barry mccaffrey, the former general says he's the fourth most intelligence officer of his generation. >> that was his role, he was number one in his class. pompeo was -- jeff sessions was the first senator to endorse donald trump. on the one hand, he's rewarding his loyalists. on the other hand, he's reaching out. and i was struck by how some of the visitors to the trump tower included tom price, head of the
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house judiciary committee, these are strong, impeccable people. i have to tell you, paul, if he was having representatives from the alt-right coming up to meet him in new york, it could be across the front of the new york times page. he's not meeting with those people. he's meeting with some of the most solid republican people that exist down there in washington. so i think the early days are encouraging. >> the idea of meeting with mitt romney this weekend is just fascinating because romney was one of his most vociferous critics. i don't think he was reaching out. he was broadening the coalition, broadening the voices he gets is utterly crucial. i understand you need to reward the loyalists and that is why sessions is getting the job. that's why flynn is getting the job. but you've got to reach out and have these alternative voices of debate in your administration. and romney would be, in my view, a really fascinating and very good pick for secretary of state
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if that is indeed what happens. >> very competent executive. if you give him the agenda, forming the agenda might be a challenge for him, but if you give him the agenda, no doubt he would carry it out in a professional way. and i think it blows away the image a lot of people have of trump, he's so thin-skinned and unforgiving and obviously he's done and tweeted a lot to give people that impression. but it really wouldn't go against the grain there. to dan's point, people go through trump tower impressive, except for kissinger. >> that's a cheap shot and i think that's wrong, by the way. steve bannon, the controversial breitbart news guy, we have a little bit of time, jason. he's been called the alt-right representative, is that fair to say? >> i don't know enough of him. i am disturbed by what breitbart publishes, but to give donald trump grief for talking to steve
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bannon, but not give president obama a hard time for bringing in al sharpton is hypocrite call of the left. still ahead, it's being called the trump bump. so what is behind the market's reaction to the presidential election? we'll ask trump adviser steve moore, next. st shog result was that i'm 26% native american. i had no idea. it's opened up a whole new world for me. ♪
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it's being called the tru it's being called the trump bump. the dow soared after president-elect donald trump upset victory with finance and energy stocks leading the way. massachusetts senator elizabeth warren not too happy with the rally, tweeting on thursday, quote, why is wall street celebrating donald trump? because his administration looks like an investment banker's dream. steve moore is a senior fellow at the heritage foundation and economic adviser to president-elect donald trump. welcome, steve. good to see you. >> hi, paul. >> so some economists,
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particul particularly those who saw the increase in the stock market, have the deficits going with bigger spending. how do you see the rally? >> i think originally investors around the country were afraid of the kind of change that donald trump was going to bring, the kind of risk of anything that's new. and when wall street and company started looking at the real agenda of cutting taxes, pro-american energy policy, getting rid of the regulations, they said, this is going to be good for investment. incidentally, it's not the stock market-ism, but i would make the case that interest rates, not significant, but it's been a slow rise in rates since election day. and they are a result of the fact that there is more demand for investment capital. and when companies want to invest more, they go out and borrow. and that puts, that raises interest rates. it's one of the few times when you see a rise in interest rates as a good thing. i think it is bullish.
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>> they have been historically low anyway. so what are the two big priorities here? what are the first priorities? i think everybody says tax reform, right at the top of the list. maybe an exchange for infrastructure spending and repealing and replacing the affordable care act. is that how you see it? >> those two obviously are elect legislatively out of the gate. but don't forget, i think donald trump's first day in office, when he enters the oval office, he's going to sign executive orders to repeal a lot of obama's executive orders, a lot of things you have written about day after day on the journal editorial page, things like the clean power plant bill, some of the labor regulations that have been passed under obama. and look, i think obama is -- the democrats are going to learn if you live by executive order, you die by them. and remember, ronald reagan's first act as president was to rescind by order all
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of the natural gas price controls, and that led to a boom in the emergency sector. so regulation is going to be a big factor. and then you go to the tax and obamacare issues. i haven't worked too much on the obamacare issues, so i will leave that to someone else, but on the tax bill -- >> let's focus on that. >> yeah, i think we can pass something in the first 150 days. and the potential is to possibly, this is being discussed, it is not certain, that you do kind of a jobs bill right out of the gate that has the business tax cuts, which is really the heart of the plan, getting that rate down to 15%. we think we can get that through the house in 30 days. because it's so similar to what paul ryan wants to do. then you take it over to the senate. as you said, maybe you add infrastructure spending in that package to get some democratic votes. and then i think you can get something with perhaps 65 votes in the senate. you may not need the so-called reconciliation process. >> i talked to the chairman of
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the house and ways committee, and he said he doesn't want to split corporate tax reform because he believes you need the two to make it efficient capital. number two, if you do corporate tax reform as you described, you may never be able to cut individual rates. >> well, that is a good point. and i actually just met with the chairman as well. he made the same point to me. that is why this is being debated. chairman brady wants to go for the big bang to get everything. i would love to see that happen. the individual rates, we bring up the top individual rates down to 33%. we eliminate deductions. the only thing i would say about that, paul, and i've been an advocate for 30 years, you have to take out a lot of the special groups in washington. the municipal bond people, and they are powerful people to block it. >> if you don't do that in the first 150 days, you never do it. you have to use the political
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capital right out of the blocks, don't you agree? >> definitely. when i have talked to the trump folks about this, they believe and we believe that this has to get done right away. when you've got disarray, that's the type -- that's the time you really move quickly. by the way, barack obama did that very effectively himself. the only difference is that i believe that the mistake that barack obama made that i think he will regret for the rest of his life, is that he never reached really across the aisle to get republicans on board. and that means republicans have no buy-in. look, donald trump could, in the first year of his office, almost entirely repeal the entire legacy of barack obama's presidency when talking about taxes and obamacare and so on. >> i take your point and reaching out to democrats, but here's the issue. they are going to ask for a price. and their price is going to be a fair amount of spending to push it into public works or other
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things. and if you want senate votes to get to 60, he'll have to agree with it. he's going to have a big-time deficit if he does that. what is your response to that? >> this is the number one priority from day one. you have the economic growth rate up to 1.5% to 4%. you can't make any progress on the deficit or the debt until you've got that growth rate up. and jobs was the number one issue of the american people. that's going to be our number one priority. >> thank you, steve moore, for being here. >> thank you. when we come back, president obama's rule by regulation he famously promised to use a pen and a phone to push his agenda through. so as his presidency comes to an end, just how easy will it be for the trump administration to dismantle that legacy? >> i've got a pen and i've got a phone. and i have used that pen to sign executive orders. (becky) i've seen such a change in einstein since he started the new beneful recipe. the number one ingredient in it is beef.
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we are not just going to be waiting for legislation in order to make sure that we're providing americans the kind of help that they need. i've got a pen and i've got a phone. and i can use that pen to sign executive orders and take executive actions and administrative actions that move the ball forward. >> president obama in 2014 famously promising to use a pen and a phone in his last two years in office to enact his agenda through executive orders and new regulations. it's something president-elect donald trump has vowed to reverse, promising to cancel, quote, every unconstitutional executive action, memorandum and order issued by president obama. so just how easy will it be to dismantle his predecessor's
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policy legacy? we're back with dan, mary kissel and james freeman and kate bachelor-o'dell also joins the panel. so mary, if you don't put it in legislation, you don't need legislation to repeal it. that's the biggest boomerang in history? >> i think it could be. effectively, you reap what you sow. and president obama didn't want to deal with congress so she issued all forms of executive orders and his agency went to it to make up the law in some cases. and now president trump has a great opportunity. >> james, what is the magnitude here? we'll take the executive orders here, how many are we talking about? >> more than 200 executive orders, more than 200 memoranda, it's essentially the same thing. the pen and the phone, the president setting the policies he wants. but those can be reversed. >> some of these routine to make the government work. so they won't all be repealed. >> right, but executive orders and administrative guidance,
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what was new about the administration was sow significant these policies were, how much they tried to do with the pen and the phone. and so this is why you have the opportunity to -- without having to go to congress, even without having to fight about cost of tax cuts, to basically provide a stimulus to the economy on day one. >> and then we have something called the midnight regulatory rush, which this administration is kind of pushing through a lot of rules here, trying to in the last couple of months. they anticipated it would be president clinton who would be there and essentially sanctify all of this. now it looks like those are in jeopardy. >> yes, friday's register broke a record for 2016 at more than 1400 pages. >> for one day? >> indeed. exactly, for one issue. >> you can't say they're not getting their salaries done here in the final days, although none will end up being real, right? >> yeah. under the congressional review act, congress has 60 days to
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pass a vote repealing a law, repealing a new regulation. so they will have plenty of time in january. and that can reach back as far as may with how many days congress has been in session. >> this is 60 legislative days. so that is all the way back into the spring. >> indeed. >> so then they can bring those rules to the hill and just with majority vote go -- gone? >> that's what we're going to see happen a lot. that's what you'll see out of the epa for the end of the year. >> the president did that this year but the president won't sign them. president trump will sign them. >> right. everything the federal agencies do has an influence on business. take for example about what we have written on the editorial page, just when they issue guidance, they wanted to dissuade companies from using criminal background checks. that was not a law or a regulation. that was simply a paper they put
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out to say, we don't want you to do this anymore. so what is their company supposed to do? they quit using criminal background checks because they don't want to spend that money. so one would hope that president trump would put into place people at the top of the agencies to are focus on what their jobs are supposed to be. >> this is one of those areas, economic management, which is really not understood. but regulation is so widespread across the economy, they come in to say this is what is holding us back. this could be an economic stimulus for president trump without passing any laws. >> that's exactly right. we have to make sure that donald trump is not saying he's going to rescind this out of spite against barack obama. it's being done because the democrats just somehow do not
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understand that if they put out a torrent of regulation like this, especially with the environmental protection agency and the clean waters of the united states directiveover or the clean power act. >> indeed there's a reason why the economy has been growing at less than 2%. this is a large part of it. there's one more issue there. there's also the cultural side of this. take the title 9 guidance put out by the educational department. it was called guidance, not a directive from the government. every institution of higher learning in the united states set up panels to review sexual abuse charges, essentially reverse it or reverse due process on campuses. now donald trump will reverse the guidance zones put in place to transform higher education. that's the sort of thing that has people noticed because there was so much coverage in the title 9 sexual abuse cases on
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campus. >> they will breathe a sigh of relief on campus over that. still ahead, dismantle on obamacare would be the biggest employee blow to the obama legacy. could republicans promise to repeal and replace and will it actually become repeal and delay? retiring retired tires. and i never get tired of it. are you entirely prepared to retire? plan your never tiring retiring retired tires retirement with e*trade. i'm in vests and as a vested investor in vests i invest with e*trade, where investors can investigate and invest in vests... or not in vests. sign up at etrade.com and get up to six hundred dollars. i've got a nice long life ahead. big plans. so when i found out medicare doesn't pay all my medical expenses, i looked at my options. then i got a medicare supplement insurance plan.
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repeal and replace obamacare by president-elect donald trump
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and republicans in congress, but reports say a new strategy will be on capitol hill to quickly repeal most of president obama's affordable care act, but delay the effects for up to two years. the plan would allow republicans to deliver on their promise to repeal the unpopular law in the next congress while buying them time to come up with a replacement. scott gotlieb is a physician and resident fellow at the american enterprise institute and also a frequent contributor to "the wall street journal" editorial page. welcome, scott, good to see you. >> thanks. >> so what do you make of this emerging strategy that says, the way i hear it is, the senate wants to go ahead and say, let's repeal it first, give us a couple years to replace it. the house says, let's wait a year to repeal it and repeal and replace at the same time. what do you make of it? >> what i'm hearing is they are more likely to repeal the whole thing through reconciliation, but leave in part the places they can't repeal with 50 votes. so the guaranteed issue of
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community rate, the laws say they have to insure a plan to anyone who wants one and can't charge more with pre-existing health conditions. those laws will be in but they allow the subsidies to flow for about two years to give themselves time to put in a replacement plan. now, people who have supported obamacare have been crying into their keyboards arguing if you do that, it will stabilize the exchanges and plans will pull out. that's simply not true. not true. >> you don't think that's not true. because here's the problem, well, the risk i would say is politically, if you repeal something and say, all right, two years from now we will replace it. you really are taking a big risk. because what happens if something happens, the president becomes less popular, you change congress in 2018, and then you don't -- you're not able to replace it with what you want? >> you can replace it in a piece-meal fashion, you don't have to replace it in one grant fashion like they did with
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obamacare. you can replace it with reforms to the market. the hmos are the backbone of the exchanges right now and already signaling to wall street they will stay in the exchanges through 2018, if, in fact, they repeal the bill but let the subsidies continue to flow. and the blues will stay in as well. >> that's blue cross and blue shield. >> right, the blue cross blue shield plans. those are most of the plans in the exchanges anyway. a lot of the things the incoming administration can do to keep them in the markets. i don't think the exchanges fall apart. they start to narrow but don't fall apart. but they have been narrowing anyway. >> narrowing with fewer choices and higher prices. but is that going to get worse even if the exchanges don't fall apart? fewer choices of plans in higher states or higher prices? and this would be on the republican watch because they are now in charge. >> i think you will see some charges fall out of the market, but there are a lot of things you can do with regulation. change the essential health
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benefits, the mandates on what to provide, you can provide more flexibility on the editorial values you want. you can find the enrollment numbers and unwind all that. >> so would you rather do this all at one time? >> i would like to get rid of it now and they will come in to replace it with multiple measures to replace it. you don't understand how bad obamacare was until you repeal it, to borrow a phrase from obamacare. >> is there a chance that you'll see more choices due to the anticipation of what is coming might be better? >> there's a chance that it's a reform the insurance market.
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but i think people will still be able to find coverage in those exchang exchanges. and you will have the subsidies to buy those plans. the only people who qualify for the rich subsidies are the cost-sharing subsidies. >> let's deal with the pre-existing conditions. let's say you have breast cancer and they want to make sure they don't deny you coverage based on the condition. a lot of the architects of obamacare say you can't keep that provision and still and repeal obamacare because you're not covered, they will find a way to deny you coverage. donald trump wants pre-existing conditions and to give insurers the freedom to price their products to make some money? >> well, assuming you get rid of the insurance provisions, you
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provide the same incentive for people, effectively the same guarantee for people by giving them incentive to get into the insurance policy market and stay in the insurance market. you can basically say if you get into the insurance market and don't drop your coverage, you can't be dropped from coverage and re-rated if you get sick. much like those who move from employer to employer, they don't get dropped or re-rated as they move from pool to pool, insurance policy pool to insurance pool. you can extend those same kind of protections to people in the individual market. so you use carrots rather then a sticks to get them into the insurance market and keep them in the insurance market. some people will need to be subsidized but that is a manageable challenge. >> you would say, you're going to have to subcy died and
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subsidize and that won't be repealed. >> people will need credits to buy coverage. people get subsidies to use pre-tax dollars to provide coverage. you provide pre-tax money as well. >> scott gottlieb, thank you. as democrats deal with the fallout from the election loss, could congresswoman nancy pelosi be the first victim of the struggle to reshape the party? >> it is time for a new direction, a new way of doing business, a new democratic party. i just want to find a used car without getting ripped off. start at the new carfax.com show me used trucks with one owner. pretty cool. [laughs] ah... ahem... show me the carfax. start your used car search at the all-new carfax.com.
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there's a now there's a debate going on about whether we should be the party of the diverse obama coalition or the blue collar american in the heartland. some think we need to make a choice and spend all of our energy focused on one group of
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americans or another. i believe that there does not have to be a division. in fact, there must not be a division. >> that was new york senator chuck schumer wednesday urging unity in the democratic party following their election defeat. schumer was chosen to lead senate democrats wednesday replacing retiring minority leader harry reid. his election on a somewhat easier path than the one facing nancy pelosi with ohio congressman tim ryan announcing friday he'll challenge her for the top democratic post in the house. we're back with dan henninger, jason riley, mary kissel and james freeman. dan, you've known chuck schumer for a while, what kind of a politician is he? >> he's a politician who loves to do politics, paul. and i will say, that the one thing that's going to happen in washington is that the long eight-year political desert under barack obama is about to end. i mean, but obama's problem in large part was he didn't do retail politics.
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he didn't like to mix it up with people. donald trump is going to be on that phone all day long. i think both republicans and democrats and one of his main correspondents is going to be chuck schumer. now, whether anything comes of that is a good question. schumer is being pushed by his left. we saw bernie sanders in the back of the photograph and by elizabeth warren and the democratic caucus in the house dominated by people on the left. and the question is whether donald trump's intention to do things to grow the economy, like cutting, say, corporate taxes, is going to get support on the democratic side. >> so that's the key, jason, is that he'll have the running room, schumer, to negotiate with the president. >> i agree that there are deals to be had between chuck schumer and a trump administration. on tax reform, the carried interest issue, chuck schumer, i think they can deal with. infrastructure spending, chuck
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schumer likes to spend money. >> but how much freedom is he going to have inside his own caucus? >> chuck schumer? >> yes. >> that's the $100,000 question. and there's a serious division here. you have the leader of the democratic leader senate and right now the democratic leader of the house is an elite from california. you see challenges coming from people inside the interior. tim ryan of ohio said she's interested in challenging pelosi, comes from ohio. and not just anywhere in ohio, he's in charge of a district that includes a place like youngstown, a city that obama h had. >> it will be much more difficult for democrats than
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republicans. democrats have to defend some 25 seats here. >> ten of which are in states that trump won. >> exactly. so chuck schumer needs to give democratic senators something to run on, some achievements. he can do that. >> democrats seem the way to react to get white voters back is more in distribution, more taxes, more spending, is that the answer? >> it's not the answer. part of the problem is they are focused on white voters and thinking this is some statement on race in this election. you also saw trump do better among whites and hispanics. the would problem in the obama government failed on its own
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terms. >> the slicing and dicing of the electorate by race and jending, some say the a mistake. because it didn't allow us to focus on larger themes. >> this is a slow-growth economy. all the trump message was basically whether making america great again, whether you thought it was already great or whatever, the point is we weren't delivering what basically people wanted in terms of raising incomes, new opportunity, job security. it is not just den ten seats of democrats running for in republican territory. >> trump's got to let a majority of the left wing party still
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filibuster if he's -- is it time for her to ride off into the san francisco sunset? >> it is time. she and her opponent are prone to the left-wing democrats. nancy pelosi since becoming minority leader has raised over 500 million for the democrats, a half billion dollars. and i think one of the party's debate is going to be those wealthy donors who incidentally bernie sanders is denouncing. nonetheless, i think those donors like tom sire. they are smart people, successful in their businesses, and they have to decide where this party is going to do something to grow the economy or
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simply stick with these issues like gender relationships and identity and that sort of thing. i think they will have a big role in deciding the way the party goes. when we come back, electoral outrage as hillary clinton's lead in the popular vote have been close. it's how adventure begins. and with the miles you can earn, it's always taking you closer to your next unforgettable experience. become a cardmember and start enjoying benefits built to take you further... like group 1 boarding... and no foreign transaction fees. plus, when you fly on american airlines, your first checked bag fee is waived for you and up to four companions. every purchase with the citi® / aadvantage® platinum select card takes you closer to adventure... whether it's somewhere you can see your breath, or a place that takes it away.
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as hillary clinton's lead in the popular vote surpasses 1 million, calls are growing from some democrats to abolish the system that sent donald trump to the white house. with california senator barbara boxer and new york congressman charlie rangel introducing legislation this week to eliminate the electoral college
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and decide presidential elections by the outcome of the popular vote. we are back with dan, james freeman legitimacy of president-elect trump that he lost the popular vote? >> i could argue that because he won the electoral college, it adds to his legitimacy. here's why. precisely as we're hearing there is a new unique threat to democratic institutions, the left has built a campaign to destroy something that is a great check on executive power, because it forces the candidate to build a consensus that's broad and durable and not a parochial majority. >> but both candidates knew that the winner would be whoever won 270 electoral votes. if it had been a campaign based on the popular vote, they would have campaigned differently, correct? >> right. if football were about getting the most field goals it would be played differently. so basically you would have had donald trump camp out in texas, and hillary would have tried to
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win more votes in california and new york. >> trump probably would have campaigned in parts of california too, just to reduce that margin, no? >> yes, absolutely. and you would just have a different system with tradeoffs. i would argue a lot more tradeoffs. >> what do you think, jason, about this idea? republicans lost six of the last seven elections in the popular vote. but they've only lost four times. >> you're right, i think some people have a problem with that. the founders did not want direct democracy. they were quite clear about that. they wanted people campaigning all over the country. they wanted all the states to have a say in who became the next president. that's why we have the system we have. you would need 38 out of 50 states to ratify it. i don't think it's going away. in 2012 donald trump tweeted that the electoral college is a disaster for our democracy. >> i think he's changed his mind
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now. but we're consistent. we've always liked the electoral college, james. and what about, there's some people who say, look, the electoral college actually is bad because it enhances the role of the large states, gives a state like california with 55 electoral votes more power than wyoming and north dakota, south carolina, all these small states which you can ignore. >> but in a close election they're obviously all important. it didn't happen this time, but you could see new hampshired decisive, nevada being important at the end there. short term this is probably good for republicans to the extent that democrats waste their time saying it was the electoral college, it was jim comey, it was fake news, it was racism, it was sexism. so the extent they don't like at the real problem, that's good. in the long term, it's corrosive. >> what's corrosive? >> this attack on the electoral college and the constitutional
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system which has worked so well for two centuries. one thing this will do is make very partisan public school teachers start teaching their children about still another flaw in our constitution. i think it is an irresponsible and long term corrosive impact to blame the electoral college. but short term, to the extent democrats ignore their real problems, probably a benefit for republicans. >> but republicans now, dan, do they have an advantage in the electoral college because leading up, for the last eight years, we've heard democrats had this blue wall, this structural advantage in the electoral college. suddenly it blew away in one election. i've always thought this idea of the so-called structural advantage to the electoral college is false because if you actually get really close elections, you can win the electoral college even if you lose the popular vote. >> and think three states, paul: pennsylvania, wisconsin, and michigan. they were not supposed to be broken out of the blue wall. donald trump figured out a way to bring them over to the republican side and transform
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the electoral college. that is why she lost. it was simple, smart politics. >> thank you very much. we have to take one more break. when we come back, hits and misses of the week. ♪ 3, 2, 1 [whispered 'rocket']
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time now for our hits and misses of the week. jason, start us off. >> paul, this is a myiss for th university of virginia where students and faculty are outraged that the president of the university quoted thomas jefferson in a letter to students. of course jefferson founded the university of virginia. but of course he was a slave holder so they don't want him quoted in material by the president of the school. >> should we close down the university? >> the absurdity here, it's hard to tell whether it's stupidity or hypocrisy.
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apparently students don't mind attending a school founded by jefferson and the faculty don't mind working for one as long as he's never quoted. nebraska senator ben sasse this weekend moon lighted as a uber driver to work alongside and meet some of his constituents. the best part of this is he did not promote the gig and the press only discovered it after one of his riders tweeted a photo of him with a five-star rating saying he was three minutes away from pickup. a hit for him, he donated the money to charity. way to be a happy warrior. this is a hit for america's turkey farmers who have been so productive that this year's thanksgiving dinner is going to cost less than last year. the american enterprise institute finds turkey dinners are cheaper than they were 30 years ago. this is great because even if i hurt myself next week trying to fry one, at least it won't cost a lot of money. >> how big a turkey at the
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freeman household? >> a 15-pound fryer. >> danasa? >> a miss to president barack obama who is making his final world tour. while in greece this week he announced that the process of globalization needed what he called a course correction, he said, because its benefits aren't being spread broadly enough. you have to ask, where has he been the last eight years while the world was being globalized? he sounds like some guy who has been sitting in a rocking chair at the white house watching the world go by. he is the president of the united states. if the benefits are not being spread broadly enough, presumably he had something to do with it. >> he had advice for donald trump not to be too soft on vladimir putin. >> then he said he would help angela merkel carry the load if he were still around. he's responsible for a lot of
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the load she's carrying. >> tweet us your hits and misses. that's it for this week's show. thanks to my panel and thanks to all of you for watching. i'm paul gigot. i'll see you right here next week. a busy day for president-elect donald trump as he meets with possible appointees. >> topping the news this hour, live pictures now from bedminster, new jersey, where we're waiting for possible cabinet announcements as mr. trump and vice president-elect pence hold back to back meetings again today. >> and charles schumer is taking a stand on a range of issues as the chamber's top democrat. what that could mean for mr. trump's 100-day agenda.

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