tv Your World With Neil Cavuto FOX News March 10, 2017 1:00pm-2:01pm PST
today. should news break out, we'll break in. breaking news changes everything on fox news channel. the dow did a good job. great jobs numbers. trish regan is in for neil to tell you all about it. >> the first jobs report under president donald trump better than expected. with his agenda tied up in congress, could it get better than this? welcome. i'm trish regan in for neil cavuto. this is "your world." 2 235,000 new jobs last month. the unemployment rate ticking down. stocks spiking early on and getting back gains on some fears the economy could mean more rate hikes by the fed. what do you know? we ended the day up 47 points. gerri willis is here with more. 235. this is the right direction. >> you bet. here's what we're starting to
see. according to the bureau of labor statistics, job sectors seeing improvement including construction, manufacturing, health care and mining. other good news. more americans dipped their toe in the job market sending labor forces higher to 63% from january 62.9%. all of this having a positive impact on staffing stocks. manpower was up pretty dramatically. 1.4%. on assignment, up 1.6. barrett's businesses services gained 2.7%. sector rallying 29% since election day. the upbeat report fueled speculation of a rate hike from the federal reserve next week. hey, it wasn't all good news. the number of retail jobs fell by 26,000 as brick and mortar retailers struggle. oil stocks tumble on oversupply
concerns. the trump rally is still intact. the dow jones has gained 13% since election daybreaking through the 20,000 and 21,000 marks. today the markets flat line consolidated gains on digesting news on multiple fronts. as you say, trish, we're ending in the green on a friday afternoon. good stuff. >> how about that? thanks, gerrge thanks,gerri? so is this boost in jobs the respect of president trump? the president has awakened america's animal spirit. the president hasn't lifted a finger to create jobs some say. larry, good to see you. if you ask me, i think someone like nancy pelosi is terrified that trump might get some credit. how much responsibility does the president of the united states
have when it comes to job creation? >> trish, there's no doubt that there's something starting to happen that we haven't seen during the slow growth obama years or prior to the election. that's the a wakening of the animal spirits. >> you sound like j.p. morgan's ceo. >> it is what is so necessary, trish. if we're going to grow this economy, we're starting to see that animal spirit in today's stronger than expected jobs report. year starting to see the wage growth, which is what we need to focus on. we're seeing it in consumer confidence. >> so i agree with you. there's a lot of good news on the horizon. people are feeling better and you can see it in consumer sentiment and indexes. bloomberg comfort index. it all points to a positive direction. the question is, how much of this is a result of president trump? >> sure. look, when you look at the election day moving forward, there's no doubt sentiment has changed. businesses feel more optimistic
about the future. that's what you need for companies to commit capital. the problem in the slow growth obama years, companies were buying back stock, merging. they weren't building plants in this country. outsourcing jobs. you need to change that sentiment, that environment and that confidence level. that's what's changed. businesses feel more confident about tax reform and regulatory burdens being diminished. they're more willing to commit capital and look to invest in the future. that's a change that absolutely turned the page the day of that election. that's what -- >> this is in fact a trump jobs effect. this is directly coming from him in that he has spotted a whole different line that what we heard during the eight years of president obama. >> sure. trish, no doubt some of this economic data was inherited. the sentiment change is what will drive this economy. the economy couldn't get out of
its own way for eight years. we couldn't get above 3% economic growth. we have to change the way people think and feel and their confidence level. that's what's changing here. today's job's report is a really important first step. it's the first step in a long haul to improve the economic growth to where it need to be. >> we hope it continues. thanks. can the administration keep the dow going if congress keeps delaying? i want to ask. shelby and catalina and jillian. thanks nor being here. shelby, how critical are healthcare reform and tax reform to actually see more job growth, more economic growth? >> absolutely critical. as we know, congress and the president have put forth an aggressive calendar in getting these things done. donald trump says healthcare has to come first. paul ryan wants it done by april. the treasury secretary says taxes are coming in august. a lot of people think they're
aggressive. but however, the corporate tax reform is what investors are looking at. that is what is fuelling profits and gives consumers confidence. people think not only will their healthcare bills go down and that part of the equation will be better, but they're depending on the big tax cut. not for individuals but corporate taxes. that part -- >> and they go hand and hand. we've heard the point made over and over again, you have to get the first one through, healthcare and then tax reform. assumes that's how it needs to play out, can he do it? how much of the bowling nights going to help? he's bringing everybody together. it's more than obama did. he was criticized for not doing things like pizza and bowling night. donald trump is trying to win over the conservatives. will he do it? >> port of what is so important here, he's working with congress to do it. what we saw with the obama administration is executive action. that creates an atmosphere of
uncertainty. businesses hunkering down, hesitating to invest, hesitating to hire more. with this, if you're looking at scott pruitt at the epa, energy policy is a huge part of this, saying we're not going to do this through executive action, we're going to do it right the first time, that's what businesses like to here. >> kathy, i'm know you're not font -- >> i'm happy with the job growth. it's a great report. the weather has more to do with it than trump. they said the construction jobs are what brought up the job growth numbers. one month does not dictate what is happening. the gop has to work with the democratic party. they have to work with nancy pelosi. it's not a filibuster proof congress. >> and in your view -- >> they have to work together. >> so if they get the policy reform through, assuming they work together and they get it through, how do you think that plays out for the economy?
you get tax reform -- >> we have so many things that they're going -- like they're going to stop the aca. with trumpcare. millions will lose their healthcare. >> we don't know that yet. >> yeah -- >> but those things are happening between of the tweeter in chief is busy with ivanka's clothing line and the apprentice and -- he's so distracted. >> he seems to be focused on jobs and meeting with ceo after ceo after ceo. we have seen this from the very beginning. >> it's big business. >> on the left, that i were getting angry. they say there's only one president at a time what is donald trump doing? he was out there trying to make inroads so we could see a better job number come today. >> right. >> so nancy pelosi on the other hand is saying, he didn't lift a finger what do you say? >> his policies for months have
been driving the market higher. there's no doubt that his policies have given a lot of encouragement to investors and they created jobs. people are investing in the united states because of the promise of his policy. they have to follow-through. it will be interesting to see if donald trump can get both the senate and the house to work together through these meetings, through his negotiations. there's groups running ads. it will be interested to see if the pressure can move the ball. >> and that's the bully pulpit. he can get up there and say, listen, here's the deal. it's either this new form of healthcare or you're going to go back to obamacare. you're effectively voting for obamacare. that message, that's going to resonate in places like nashville. >> there's a lot of relief. part of that is just that it's not obama. i think we see the optimism reflected in the market. it's early to say in the job report. >> this is a two-year streak of
jobs going up. >> we know for a fact that businesses were really nervous and hesitant to invest to expand to higher -- with the obamacare stuff going on. they wanted to keep above that cap where extra regulation would kick in by suggesting that we're going to eliminate some of those things. it's spurring economic growth. >> everything is hope null. we hope it happens. is it going to happen if he keeps distracting us -- >> we need to put pressure on lawmakers. >> that does create uncertainty. some of the tweets create uncertainty. but what he's doing overall, looking at the economy alone, removing regulation, putting a priority on reforming obamacare, on pro -- energy policies that balance energy and the environment. those are all good things economically. >> indeed. all right. good to see you guys. thanks so much. interesting debate. why is the internet buzzing over charles payne and something that charles payne said about bernie
sanders? charles' charged and he's here with the scoop in a few minutes. things are really charged in south korea right now. it's a controversial president getting the boot. is that cat in north korea ready to flex muscle? we'll talk about it with john bolton who thinks so. he's next. when you have a digital notebook to capture investing ideas that instantly gives you stock prices, earnings, and dividends... an equity summary score that consolidates the stock ratings of top analysts into a single score... and $4.95 online u.s. equity trades... you realize the smartest investing idea, isn't just what you invest in, but who you invest with. ♪ we ship everything you atcan imagine.n, and everything we ship has something in common.
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do not take viberzi if you have or may have had pancreas or severe liver problems, problems with alcohol abuse, long-lasting or severe constipation, or a blockage of your bowel or gallbladder. if you are taking viberzi, you should not take medicines that cause constipation. the most common side effects of viberzi include constipation, nausea, and abdominal pain. stay ahead of ibs-d... with viberzi. he >> trish: to south korea right now. protests erupting after a controversial president was impeached. no the thing you want to see with north korea lobbing off missile tests right and left. how big of a concern is north cree right now in joining me right now, john bolton. glad to see you. >> good to be with you.
>> trish: i've heard about north korea's ability to take out the electrical grid. what are they really capable of? >> i'm not sure they can do it yet, but the military has said that north korea is close to being able to miniaturize a nuclear device. they have detonated, five, putting it on a missile and hitting targets on the west coast of the united states some estimate as early as next year. so if it's an emp strike or a convention nuclear strike or something that could hit either our forces or civilian targeting in japan is something to be concerned about given the political turmoil in south korea. >> trish: what would an emp do? >> it's and -- effectively it could destroy information technology systems and systems that rely on electricity, which
is everything, if it can knock out power generators, knock out backup generators and a whole host of things in a society that depends on electric tis. that could be devastating including killing people and physical destruction. so it doesn't look like a conventional nuclear strike. but many fear that done properly by the aggressor, it could be more significant. >> trish: let me ask you, go back to south korea for a moment and president park there. her impeachment is causing the riots in the street there. what is that giving to north korea? >> it offers political instability. under the south korean constitution, be an acting president for a short period of time until elections, that likely in may. so in that period, you have an
unelected president. as you noted earlier, we have f korean missile tests and to play on that to interfere with the election campaign, something that we have been discussing in this country and the prospect of saying the next south korean president may return to the sunshine policy of ten years ago, more favorable to north korea than president park's view. she took a dim view of north korea's missile capabilities. that could be a set back for the united states. >> trish: so what do we do? what would be your policy advice? >> in the short term, we have to show despite this political chaos in south cree, we don't -- we're going to be determined to stand with the people there.
we're not going to tolerate north korea and continue with the missile system and see what the result is in south korea. it could be a fairly close election because a lot of the conservative forces were hoping against the president would not be removed from office. that is gone now. they have to concentrate on the election, this is no time to allow china or north korea to think there's any daylight between us and the south koreans. >> trish: thanks, ambassador bolton. good to see you. >> thank you. >> trish: did you catch neil's interview with andy puzder? a prediction he made is coming true. it's almost coming true impacting workers and consumers. the white house meanwhile hitting the campaign trail to sell the healthcare plan. mike pence is in kentucky tomorrow. president trump in tennessee next week. is this the best way to get congress going? >> this is the time we're going
to get it done. we're working together. we have some great results, we have tremendous spirit. i think it's something that is going to happen very shortly. so thank you all very much. we're going to get the work. you mean after that? no, i'm talking before that. do you have things you want to do before you retire? oh yeah sure... ok, like what? but i thought we were supposed to be talking about investing for retirement? we're absolutely doing that. but there's no law you can't make the most of today. what do you want to do? i'd really like to run with the bulls. wow. yea. hope you're fast. i am. get a portfolio that works for you now and as your needs change. investment management services from td ameritrade.
>> i want to applaud you and the diligent work of your committees to advance the obamacare repeal and replacement legislation that we've been talking about for a long time and that we've been running with and i ran with. i can tell you, that's what people want. they want repeal and replace. >> trish: president trump making the case for the republican's replacement plan today. next week, he's going to tennessee to valley support. tomorrow, mike pence is in kentucky pitching the bill. something that we'll be on all over tomorrow morning at 10:00
a.m. eastern. tune into that. i want to go to byron york for a look at all of this. byron, it's simple, right? isn't this the message that donald trump is deliver something you're either with us or you're against us. and if you're against us, guess what? you're signing up for more obamacare. >> it's kind of interesting that the president would be doing this campaigning at a time when the debate over obamacare replacement is really republican versus republican. we know the democrats oppose everything about this. right now republicans have not really made up their mind yet. paul ryan who has less of a margin than nancy pelosi did when she passed obamacare in 2009 and 10 is still fighting with a group of republicans that are not really sure to vote for this. so it's interesting to see the president go out, get in campaign mode when it's still gop versus gop. >> trish: isn't this what he's
best at? first of all, at deal making. also, campaigning and now he's got an opportunity to stand up there on his bully pulpit and say hey, guys, get with the program. >> which is what he likes. you're right about that. the first few weeks of his presidency were rocky. finally somebody said, hey, why don't we go out on the campaign trail? he did it an event in melbourne. he said he would do it more. it's unclear if this event in tennessee will be devoted all to obamacare. my guess is it's going to be like the event in melbourne, goes through a lot of topics of things he's done in office. >> trish: he never wanted a system that completely got away from any kind of government involvement in healthcare. if you look back to what he had campaigned on, he talked about a health care plan for everyone.
so everybody could have wonderful healthcare and so, you know, for the likes of paul ryan or rand paul to be saying, you know, this is not what we signed up for, but it is, right? this is what republicans voted for. >> absolutely. the president did say, you're right, everybody i want a great system for everybody, less cost and all this stuff. the president really stayed at the 30,000 foot level in the campaign. now the committees in congress are hammering this out and we saw a 24-hour session in the house, energy and commerce committee. 18 hours in ways and means. crazy stuff. >> trish: wow! what is your verdict? they get it done? >> they do get it through the house. the house is about discipline. but the senate is a very different thing. tiny margin. 52 senator. can only lose a couple.
that's if the vice president breaks a tie. he has to do more deal making in the senate than even he has done in the house. >> all right. thanks, byron. >> thank you. >> trish: take a look at this burger flipping robot. should fast food workers be concerned? the ceo behind the chain using it is actually here. he's going to tell us about how it works and what workers are going to be most vulnerable. why is bernie sanders feeling the burn from our own charles payne? if you didn't see the tweets yet, you're about to.
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>> trish: are mandated wage hikes for restaurants towards automation? we're going to talk to the ceo that is using this burger flipping robot. jeff sessions making bold moves to weed obama appointees out. i am just trying to learn as much as i can about my culture. i put the gele on my head and i looked into the mirror and i was trying not to cry. because it's a hat, but it's like the most
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machines to replace workers that don't deserve $15 an hour. >> in part, that is true. my position -- >> what is true? the sentiment or -- >> if you increase the minimum wage, twit incentivize people to automate. >> trish: it's already happening. andy puzder didn't slip over mandated wage hikes so people didn't flip out over here. making sure he didn't get the gig. was he right about automation pushing jobs out as wages go up? one chain is introducing this burger flipping robot behind the counter. john miller is here and will tell us why. welcome. good to have you. appropriate timing on jobs day to be talking about robot technology, replacing workers? this is something that andy repeatedly warned against. what is behind this? >> for us, it's as much about
turnover as anything else. for whatever reason, millennials that we hire don't stay long. they come in, we train them, they work for a while and go drive an uber, go home to play completive video games. so the cost of the turn over on our business is tremendous. so to the extend we can automate tasks and allow robots to work side by side humans and reduce the amount we have to spend on training and retraining, that's our primary focus. >> trish: what does it cost to buy a robot? >> about $30,000 u.s. that cost is declining as the hardware more available. >> trish: so what would a robot like this cost in a couple years? >> $10,000. >> so if you have an opportunity to buy a robot for $10,000 or edge ploy a worker and deal with their headaches, what are you
going to opt for? >> trish: yeah, it's not just the headaches. it's the safety of the food. robots don't contaminate food. it's consistency, quality. lots of benefits. our view is that with cali burger, we built an interactive social experience. our feeling is people would be better off, the staff would be happier interacting with the guests. we have video walls where people play games together. we like to take our workers, redeploy them and leverage their strengths, which is social interaction and not doing the repetitive dull, dirty tasks. >> trish: i've read the robots have the ability to self-correct. in other words, if it crews up making one burger, it will remember that and change the next time? >> right. this is the burgeoning area of machine learning and artificial intelligence. like self-driving cars. over time, they learn from
things that happen and the system becomes smarter. we use the same type of technologies so the robot can learn from itself, get better and better and more consistent and even take what it's learning from the grill, making burgers and apply it to other types -- >> trish: so you know, part of the reason why this is an issue, because you have people pushing for this federally mandated minimum wage. they want it to go higher and higher at every turn. businesses are saying no, this is going to put me out. what do you think of it? do you want to see a federally mandated minimum wage hike? >> that is not good for our business. so -- but -- >> trish: you'd rather have a robot? >> yeah, we think of it as a cobotic situation. humans good at certain things. the restaurant industry is under
attack. we run a global business. we're looking at the p&ls of businesses and free cash flow is greater in other regions where labor cost is not as high. with the real estate industry, rising minimum wage, turnover, increasing the restaurant industry and other industries will like at >> trish: good to have you here. thank you. >> thank you. >> trish: good luck with it. senator bernie sanders slamming the rich again. why is charles payne getting the attention? he's here. he will explain next. about your brokerage fees. fees? what did you have in mind? i don't know. $4.95 per trade? uhhh. and i was wondering if your brokerage offers some sort of guarantee? guarantee? where we can get our fees and commissions back if we're not happy. so can you offer me what schwab is offering? what's with all the questions? ask your broker if they're offering $4.95 online equity
fox business network's charles payne taking the senator to task for the hypocrisy of calling out the well hi while owning three houses, treating america is so wealthy, some americans are so wealthy, they have three houses. charles payne, you don't like this. >> i'm so tired of it. child of the demeaning america and some people agree and some people have everything. some don't, pinning each other against each other. let me tell you something, trish. they do this something called the world giving index. in 2016, we came in first. 44% volunteer for work. the large corporations do a lot of things. they all do something in their communities more often around the world. what made us successful in the first place? >> trish: hard work. >> hard work is rewarded in this country. you start to mess with that basic fundamental model, the foundation of our success, it crumbles and you can't help anyone including yourself.
>> trish: that's one of the things that bothers me about bernie sanders. it's not just the extreme left but they think if you're successful, you didn't have to work to get there. i know a lot of successful people, myself, you're self included that have worked their tails off but there's a perception that somehow it was handed to you on a silver platter. bernie sanders tries to perpetuate that saying it's not right. we have to tax you because you have been successful forgetting that you work to be successful. >> and those that don't go for the guilt trip, they turn to the pitchfork. i have a friend of mine that came here from china. they had nothing. he's very rich. they own two million square feet of real estate in new york. i said how did you make it?
he said the first million was the hardest. a lot of people think that once you've made $1 million, $2 million, it's easy. it's very difficult. you have more and more responsibility. you have coat tails. nobody does this in isolation. nobody is rewarded in isolation either. the one thing about capitollism that doesn't get enough. when you see someone on a pedestal, rich and successful, you know there's a lot of people under them that are doing very, very well. i think we need to start promoting that. bernie is riding this populism wave, if you will. with respect to breaking down or attacking the foundation of what made us the most successful country in the world in a very short period of time the suicidal. >> trish: i agree with you. if you can afford three houses and you worked to have three houses is bernie going to take
one away? >> i don't know if bernie ever had a real gig. i'm not hating. i'm telling him he should stop hating. >> trish: thanks, charles. coming up, attorney general sessions asked for the resignation hoff 46 obama appointed u.s. attorneys. when you have a digital notebook to capture investing ideas that instantly gives you stock prices, earnings, and dividends... an equity summary score that consolidates the stock ratings of top analysts into a single score... and $4.95 online u.s. equity trades... you realize the smartest investing idea, isn't just what you invest in, but who you invest with. ♪ new biwhat are we gonna do?ys... how about we pump more into promotions? ♪ nah. what else? what if we hire more sales reps? ♪
>> trish: attorney general jeff sessions has requested the remaining 46 u.s. attorneys appointed by president obama to resign. thomas, good to have you here. is this unusual? >> trish, the only unusual thing here is that it took them long enough to do it this is something that all presidents do. the president is entitled to
fill out his administration, including top prosecutors in the justice department with people of his own choosing. these are people that will be faithful to the president's law enforcement agenda, who will put his priorities into action. so i think the president, the attorney general were well within their rights to do this. this is something that all the prior presidents have done. >> trish: all right. so how does this help him? once he's able to stack the deck with his own people, thomas, what will that mean? >> i guess i -- first i quarrel with the idea of stacking the deck. it's a question of putting into place people that will be true to the administration's law enforcement priorities. i think that in the interim, while they're awaiting the new arrival for the u.s. attorneys, they'll have career prosecutors running these offices to ensure there's no gaps or lapses in ongoing investigations. this is how it works in our system. >> trish: you're going to get your own people there that will uphold their values.
san francisco could run into a few more trouble with the sanctuary city thing when the lawyers put there by trump are more sympathetic than san francisco. >> the people that the administration is going to put in are obviously going to be supportive of the president's approach to law enforcements and immigration generally. that includes sanctuary cities. there's disputing, conflicts that state politicians might want to enact. that's accounted for in our system. there's all a natural tension. i suspect at the end of the day, the folks will get together and work out the right approach. >> let me turn to another big story right now. that's whether or not outside counsel is needed here. there's talk that sessions will open up an investigation into
the obama administration's justice department. what that might look like and is it going forward? >> it's heard his comments. he struck the right note, which is to say he's not ruling anything in or out. he's going where the evidence takes him. if under the investigation they uncover evidence of criminal wrong doing, a special counsel might be warranted. at the same time, look, it's common knowledge that the prior administration in my view unjustly politicized many of these. nobody is interested in fighting old battles. the voters are spoken -- >> trish: but, but, in light of these accusations the president has made regarding wiretapping at trump tower, might it be especially important to the investigating the justice department? >> i think the first thing that will happen, the investigation
carried out on the hill. that to me makes all the sense in the world. you get the relevant people in, they can testify and meet with congressional staff and investigators. we've had charges, counter charges, anonymous, firing back and forth. i can't think of a better outcome than to put a broad spout light on this. was there wire typing, who ordered it. let's get to the bottom of it. >> trish: good to get some answers. thanks, thomas. >> thank you, trish. >> trish: the president trying to get healthcare and tax cuts done. so why is congress getting ready to take a break? i mean wish i had time to take care of my portfolio, but.. well, what are you doing tomorrow -10am? staff meeting. noon? eating. 3:45? uh, compliance training. 6:30? sam's baseball practice. 8:30? tai chi. yeah, so sounds relaxing. alright, 9:53? i usually make their lunches then, and i have a little vegan so wow, you are busy. wouldn't it be great if you had investments that worked as hard as you do?
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get symbicort free for up to one year. visit saveonsymbicort.com today to learn more. it's league night!? 'saved money on motorcycle insurance with geico! goin' up the country. bowl without me. frank.' i'm going to get nachos. snack bar's closed. gah! ah, ah ah. ♪ ♪ i'm goin' up the country, baby don't you wanna go? ♪ ♪ i'm goin' up the country, baby don't you wanna go? ♪ geico motorcycle, great rates for great rides. >> trish: crunch time for tax cuts and healthcare reform. guess how many days congress will be working in april? eight. uh-huh. eight days in total. that's all that is putting the president's agenda on hold? it's something that tucker
carlson got into with paul ryan. watch. >> in the house, are they the reason you're only there for eight days in april? what is the reason for that? >> we want to talk to our constituents. we listen to our ask its. >> we have a new administration that can't get anything to congress. shouldn't you put that on hold? eight days is not a lot. >> i don't know if that is correct or not. >> i think it's correct. >> i'll take your word for it. the point is we're piling up so many things in the senate. >> trish: so should congress be working nonstop to get things done? instead of eight days? we have madison with us. good to have you here. katie, here we go again. this is typical government. they spend more time campaigning, less time getting anything done and haven't they learned their lesson? >> here's the thing, trish. the number 1 complaint about washington d.c. is that politicians are out of touch with the real world. so i think that politicians who spend time here actually spend
more time back home with their constituents hearing about their concerns, not just during election years but right now on big pieces of legislation that are going through the house and the white house has put on the table. a lot of push back on the health care bill not only from democrats but from conservative grass roots activists. republicans like paul ryan have to sell it to them and say think is why this is good. >> trish: it's a very interesting fresh take on it. i'd like to know that when they do go back, that they are actually talking to people. madison, my worry here is that this is just typical washington bureaucracy-type stuff with a bunch of people that don't want to work hard and, you know, we run the risk that here we are with a new administration that needs to do things and the people that are supposed to be representing the people aren't doing anything. >> katie is right. it's very important that they're talking to their constituents. but this is not 1776. we have space time, we have
skype, phone calls, twitter so many different ways and creative, 21st century ways for the congressmen to be talking to their constituents. they were elected to get things done. unfortunately as we have seen, time and time again with republicans and democrats, nothing gets done. the american people are the people that suffer. so for me, i don't want my congressman coming back until they get something done to benefit me, my family and my friends in ohio. >> trish: what is the price we pay here? let's remember what is at stake. if they can't get healthcare reform accomplished, what is the alternative? >> i think people have been sent to washington to get it done. if you look at the time line that the white house and the house that paul ryan has laid out, they want it done before they go home in april. so they have a very fast track time line on here. they want it to the senate. in terms of the consequences of things not happening, that is very complicated. the president has said if
republicans can't get this repeal and replace done, he's happy to let continue continue to fail and come up with a solution later. in terms of the time line, they're trying to get this done very quickly so they can move on to tax reform after the april recess so to speak, which is a bigger issue in their mind. >> madison, in terms of the economy implications of this, they're significant. we saw the jobs report. 235,000 jobs added to the economy. a lot of that is based on the promise, on the hope that good things are to come. people psychologically are feeling better and in part because of the repeal and replace movement. in part because of lower taxes that are being promised. >> absolutely. what i think we need to keep in mind is, if they're going to get it done before april when they go home, there's so many other things they still need to get done. that's great that that is on a fast track. we should be fast-tracking so many other things that people need. this is one of many, many concerns of the american people.
if they can get be a done on that fast track, think of the things they could get accomplished if they worked more than eight days in april. >> trish: what would do that do to their popularity? you think people would respond and say hey, this is good? >> they would be more loved than they are now. >> it's important to point ott when they're home meeting with constituents, they tax reform still working. i couldn't them taking those concerns in as work. >> trish: when you look at this promise right now for the economy, katie and you look at this hope of getting repeal and replace done, tax reform done and you look at the threat of it not happening, what might that mean not just for these folks ability to get re-elected but the reality of job creation or lack of if we can't get these policies served? >> economically right now we're seeing this relief. people thinking that regulations will be cut back. they're hiring more.
the wet blanket of obamacare appears to be in -- it's going to be taken off here in the future so businesses can grow again because obamacare has been a stifling factor in their hiring. if they can't get this done and the economy is let down as a result and all of these regulations and taxes stay in place, i think that will cause a severe problem when it comes to constricting the growth that we're seeing now. >> trish: all right. it looks as though we have news coming in to us. dr. scott gottlieb reportedly being appointed to the fda. there's been a lot of concern right now, according to a white house official, who just said that president trump will nominate dr. scott gottlieb who will be heading the fda, which regulates ever writ thing from pharmaceuticals to seafood, electronics, cigarettes. madison, quickly, as we look at this news coming in, when you think about the fda and you think about drug prices and you think about everything donald
trump has said about these soaring drug prices, is it going to be on this guy to really started to play hardball with some of these big pharma companies? >> absolutely. look at the amount of people that president trump says suffer on behalf of greedy drug companies. the facts are the facts and we need somebody to play hardball with them. he's a great person to do that. another testament to president trump's ability to put amazing people and businessmen in power that will take over and drain the swamp in washington. >> trish: we'll be watching for it. lots going on. busy weekend ahead. thanks, katie and madison. >> thank you. >> trish: as i said, busy weekend. don't forget to catch the cost of freedom tomorrow morning. it kicks off at 10:00 a.m. eastern. my thanks to mr. cavuto for letting me sit in for him today. bill back on fox business on monday on the intelligence report, the place where i am every day, week days at 2:00 p.m. eastern.
a lot going on in terms of the potential right now for this economy and the economic policy that is coming forward and what this administration can accomplish. we're on it for you every day at 2:00 p.m. don't miss it. "the fight" is nex [ music playing ]x >> hello i'm eric bolling along with kennedy, juan williams, lisa boothe and greg gutfeld. we're life from new york. it's 5:00 and this is "the five." january 20th marked the start of a new era in washington to say the least. it's now exactly 50 days since president trump took his oath of office and he's well on his way to making america great again. let's take a quick look back at some of the most substantial moments from the last 50 days. >> president trump: i donald john trump do solemnly swear that i will faithfully