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2011 8
Search Results 0 to 7 of about 8 (some duplicates have been removed)
FOX News
Sep 3, 2011 7:00am PDT
their act together. china built the high speed train across the whole country, put a lot of people to work. we're not going to get any of that out of obama. so i don't when the him to have any plans to drive down the unemployment rate. >> gary b, let's hear the two words from you. >> if you're looking for tax cuts, yes. i am in total agreement. >> but you hate tax cuts. >> well, i'll make a differentiation. jonas said tax cuts. what he's talking about is the payroll tax cuts. what most people think about when they think about tax cuts are cuts in the marginal tax rate. not just a couple of extra hundred dollars in your pocket. i like the plan that john huntsman came out with, simplify, simplify. bring down the marginal rates across the board for people and corporations and then close up the loopholes. make it revenue neutral. but simplify it out there. cut out things like obamacare. the whole reason we aren't growing and we're stagnant is because there is so much uncertainty and overhang out there. the president could go a long way by saying, you know what? we're going to simplify thi
FOX News
Jul 23, 2011 10:00am EDT
, remember the old china watches, it wasn't an open society and people watched their nuances and they're weird, it could come before, it could come after. it could come tuesday or wednesday, but it looks like if these talks this weekend break down and see it, the rating agencies are warning they could do something and i tell you it looks like it's coming one way or the other. the interesting thing here is that the market aren't moving as the-- as they're threatening this thing and the treasury market has been okay. >> the treasury market and treasury notes, and they've been stable, the stock market has been stable. >> the caveat. if you watch the president's press conference yesterday he did something i think that was really irresponsible. he used the default word. basically said we could default on our debt if we don't raise the debt ceiling i think that's an outrageous overstatement. listen every here we take in 2 trillion dollars in tax revenues, that's money. that services 200 billion a year and we don't-- >> taxes haven't stopped coming out of our checks, that will continue. >> we d
FOX News
Jul 16, 2011 7:00am PDT
devalue the dollar. if you borrow from china to put in the other pocket. prices go up. if you tax people more, prices are going to go up because people have to figure out a way they're going to be chasing after the same amount of goods and pay more for it. any which you slice this, there's only way to bring prices down. honestly, if government has to become smaller and cut spending. >> brenda: caroline, the government says that basically prices are going to start shrinking, do you believe that. >> i think specifically brenda, you're referring to the bumper crop of corn in just about every food product we consume and it's a fact that we have a bumper crop so prices should be be coming down, but it's interesting, you brought up general mills, they're anticipating about a 10% increase in their costs as they did this past year, but they saw a 51% increase in profits so what we really see are major corporations taking advantage of minor increases to exploit consumers. >> brenda: gary b, a lot of companies have not been passing on their price hikes to consumers, maybe now is the time, huh? >>
FOX News
Aug 20, 2011 7:00am PDT
, emerging markets are down, china and emerging markets in a recession. look, the stock market is a good leading indicator probably one of the best, but every 15 to 20 drop doesn't call it recession, it's wrong a lot an and people get scared for no reason and we have a slow economy, and it's not always a decline like the last two times, it can happen, but it doesn't mean a he recession is going to happen. i don't think it's going to happen this year, i don't think it's going to qualify as a double dip. sure, there will ab recession in two or three years, usually you have one in five or six years, over the last couple of decades looks like every ten years, that's not true historically, sure, we'll have one eventually and i don't think it will be this year and the stock market isn't always the best indicator a lot of stores are having trouble, manufacturing hurting and stocks telling a story? >> well, brenda, the market and the economy are not related at all. except for two points during the the cycle. one is at the peak of the cycle, certainly in 2007 when we had earnings peak, when we ha
FOX News
Aug 6, 2011 7:00am PDT
in the wake of the downgrade. the congressman will be here later this hour. china taking a shot at us wasting no time saying quote the good old days of borrowing is over. in uranium g 7 finance will meet this weekend to discuss the impact of the downgrade and the dow losing 700 points this week. that was before the s&p announcement. saudi arabia the first market on earth to trade on this news since this news and it wasn't pretty. stocks there down about 5.5%. banking issues in particular getting clobbered. the problem here is not the downgrade. it's the debt that brought it on. a message that seems to be getting lost in this drama. not with my next guest ron paul on the phone. congressman, you weren't and aren't surprised but what now? >> well, it looks like we are going -- we are in for big trouble because we haven't dealt with the problem. you know, i'm surprised it took them so long to downgrade. i didn't think, you know, it should have had that rating for a long long time. people are coming to the realities that you know, you wonder about s&p because they are usually pretty slo
Search Results 0 to 7 of about 8 (some duplicates have been removed)