tv MSNBC Live With Stephanie Ruhle MSNBC February 5, 2019 6:00am-7:00am PST
that. i think he well rail a little bit. i think he will threaten or at least tease a national emergency because that's what he's got to do in that moment. he's not talking to the country. he's talking to that small -- >> i agree, it will be a steven miller speech. >> they talk about comedy. i hope he doesn't think it's going to be a comedy, because that would be a joke. >> stephanie ruhle picks up the coverage right now. >> thanks, mika. they there i'm stephanie ruhle with a lot to cover this morning starting with trouble. from day one. federal prosecutors in new york subpoenaed president trump's inaugural committee, demanding documents about donors, finances and activities. looking for potential money laundering as well as possible election fraud. >> i always thought that was the much more problematic thing. >> and state of our union.
after a two-week delay because of a government shutdown, the annual speech now just 12 hours away. the theme reportedly choosing greatness. he'll be speaking infrastructure, trade and prescription drugs, before diving back into what has become the defining issue of his presidency, the border wall. >> to every republican, if you don't stand behind this president, we're not going to stand behind you. this is the defining moment of this presidency. it's not just about a wall. >> we begin today with federal investigators going all the way back to the beginning. demanding documents connected to the president's more than $100 million inauguration. but where'd all that money come from? more importantly, where did it go? i have a great team to break all of it down. specifically the legal implications. but first, let me explain exactly what we learned last
night. late monday, the u.s. attorney's office for new york southern district issued a subpoena for documents relating to president trump's 2017 inauguration. part of a criminal investigation they opened last year. if you're not sure where that fits into the big picture, you've got to remember that this is separate from robert mueller's investigation into the trump campaign. second to the investigation into the trump organization. and separate from the new york attorney general's investigation into the trump organization. this is something entirely different. this new subpoena covers all the documents related to the inaugural committee's donors, vendors, including documents relating to the filings in which the committee disclosed its donations. it also seeks records related to any benefits or receptions that donors received in exchange for their contributions. remember, the trump inaugural
committee raised a huge amount of money, $107 million, that is roughly double, double the previous record from obama's first inaugural back in 2009 and of that $107 million, the trump committee spent nearly all of it. however, trump's committee only had to publicly identify its top vendors which account for $61 million. and according to tax filings, it's not provided much in additional details so they've got questions. prosecutors want to know where all the money came from, how it was spent and whether the committee was playing by the rules. according to the "new york times," people familiar with it say they're looking into donors in exchange for political favors, a potential violation of corruption laws. they're looking into whether
foreign nationals illegally donated to the committee and whether committee staff knew those donations were illegal. they also want to know if they were disclosed or if anybody lied to the fec. i want to bring in kristen welker at the white house and nbc's investigations reporter tom winter. all right, are you getting any reaction at the white house to all this? >> well, steph, we're just starting to get early reaction to this development. and of course the reaction is what you would expect. they expect the innaug ral committee to cooperate with investigators. comely anne conway was asked about this. her key focus today, the state of the union. instead, the first question to her was about this latest controversy. take a listen to how she responded. >> i saw there was one individual named -- a gentleman who apparently had been a
fund-raiser for both hillary clinton and president obama, secretary clinton. trying to get inroads into the trump inaugural since i assume that important like most obama and clinton supporters never thought he could win. i only know what i read about the subpoena. i'm sure everybody will comply as we have with any such request here. >> also to be clear, they do expect the inaugural committee to comply. what the white house wants to be talking about of course the president's second state of the union address, which he'll deliver in just hours from now. kellyanne conway saying he's been putting the finishing touches on all of that. it comes against this remarkable backdrop. not only divided government. of course he's going to be delivering that address with democrats now in control of the house. but with this new twist in the investigation out of new york and the russia investigation of
course still looming large, steph. >> what's the significant of the subpoena? >> sure, sure. i think it tells us a couple things. the inquiry is in the initial stages. >> anybody who thinks mueller's finished this is separate? >> we want to make cheer abolea this. this is led by the southern district of new york. however, mueller's name has come up in an investigation tied to this inaugural committee. sam patton, who pled guilty, we found out about this individual the day before the labor day weekend in august. in his statement of the offense and the criminal information associated with his guilty plea being it said he arranged for the straw purchase of two tickets for the trump inauguration for russian businessmen and he agreed to cooperate as part of that investigation. that was something we were told at the time came out of robert mueller's office. it was a case prosecuted by prosecutors in washington, d.c. so similar here to new york where you have another district
or another part of the justice department that's taken inquiry into this. we don't know whether or not the subpoena is a result of information robert mueller learned. we know the donations to it have been on law enforcement's radar. there's been no suggestion the inaugural committee committed some sort of crime or there's fraud surrounding it. obviously people commit straw donations violations and the committee didn't know about it, that's not on them. i think what's interesting here is this is a really wide subpoena, which is typical. it's kind of a big kind of fisher's net if you will to gather up the documents from this. they would have had reason to get it. they have a reason they were able to go after this. it's different from michael cohen. when michael cohen's apparentment and offices were searched, at that point, i thought they mutt be ready to charge at that point. that's a good indication that, hey, they have a strong belief that crimes occurred and they're pretty close to that. when you see a subpoena like this, what it tells me is
there's some reason to believe there's some things to look at here. but they really need to get their hands on this document and start to look at and see if there's some evidence that matches up with some things they may be hearing. >> i want to bring in joyce vance, former u.s. attorney and professor at the university of alabama school of law and msnbc contributor. and my friend matt miller, former chief spokesman for the justice debt and msnbc security and justice analyst. we laid out a bunch of potential -- i have to remind everyone, potential violations. from what you've read about the subpoena, where do you see the focus of this investigation? >> i think it could be an incredibly big deal and tom does a really good job of laying out the point that the investigation is at. this is early days. they're gathering information. they have a basis for believing crimes have been committed. they'll take a look at what comes back and then assess
whether they should move forward. we already know an important detail about this investigation from patton's plea in the district of columbia. he acknowledged he arranged for donations from ukrainian and a russian to the inaugural committee knowing that this was illegal. and it's very unlikely that he kept that knowledge to himself since he filtered at least one of these transactions through a cypriot bank. there will be somebody on that side who would be aware of the illegality as well. >> a bank in cyprus. remember who's closely tied, wilbur ross. matt, how hard is it to prove a quid pro quo? in this case, somebody getting access for a specific reason because they made a donation? i mean, historically don't lots of rich and influential people go to things like the inauguration and give a lot of money to go?
>> proving a quid pro quo is one of the hardest things. just buying access is of itself not illegal. people can buy access to politicians all the time. what you can't buy is an official action in return. so when you look at what the prosecutors seem to be probing here, obviously they're looking at how the money came in, whether there was illegal foreign money that came into the inaugural committee. and they seem to be looking at how the money is spent. it's illegal to not properly disclose money. in terms of foreign donations, the first order of question i think for prosecutors is did any foreign money illegally make it into the inaugural committee. the second question is, if so, what were those donors trying to buy. were they trying to buy access to the trump team or trying to buy policy decisions from the new administration and if so were they successful? at some level, that's been the underlying question of all the
probes into trump from the beginning which is did people get anything exchanged for money, for favors, for other things they sent into the trump organization, into the trump campaign. >> this inauguration was far more expensive than any inauguration in history. more than obama's in 2009, more than bush's in 2005. i want to hear what bush's committee chair said when he heard how much money trump spent. >> so they had a third of the sta staff and a quarter of the events and they raised, what, at least twice as much as we did? so there's the obvious question where did it go. i don't know. >> no ideas? >> no ideas. >> what do you make of that? >> so i think matt and joyce have done a terrific job laying out what potential crimes could be looked at here. another thing they could face is was there proper accounting
being done with respect to this committee. and so one of the things you look at, as he just said in that sound, was hey, you've got, you know, this was a scaled down inauguration. i remember talking about that leading up to it. you have massive expenditures. what did this all go to? rick gates said at the paul manafort trial that he had some financial improprieties as far as how he accounted for certain things he spent with the inaugural committee. as we know, he's been cooperating and continues to cooperate according to court documents. what things does rick gates know about as far as how things were spent and how things may have accounted for? we have this gulf, as you accurately and clearly laid out, of 100 plus million dollars in expenditu expenditures. that's a significant gap there as far as where did that money
go and what could that have gone to. i think there are some questions not only on money coming in but perhaps money going out. where did it go? how wases it accou it accounted? obviously here we might be in a situation where either they're going to ask for or maybe they already have received the bank records for this committee. also the involvement of the chairman of this i think raises some interesting questions as well. i've not seen where he's publicly commented on this. >> i don't think he has. joyce, tom hits on fascinating points. key players in the mueller investigation who were tied into this. rick gates was part of the planning team for the inauguration. michael cohen actually had the information that got this whole thing started. >> it's fascinating we're seeing
this case prosecutored not by mueller as part of special counsel's office but independently by the southern district of new york. demonstrates that mueller is exercising great restraint. his mandate was to look at connectivity between the campaign and russia and whether that was an effort to influence the election. but also anything he developed as a result of that investigation. prior independent counsels might have held on to this and kept going for years. but not mueller. they'll have access though to all of his cooperators and information they've developed. in this subpoena, we note that prosecutors are also looking for evidence of money laundering, which i think is the most interesting piece we've got here. is that money laundering by russian or ukrainian oligarchs sending money into the
inauguration fund or something else, but that's the piece to look for. >> i want to play what chris christie said about this last night. >> i've always thought that was the biggest problem for two reasons. one because the southern district has no restrictions on their purview. bob mueller has a task. it's russian interference and potential collusion. southern district of new york is whatever the heck you want. >> pick your poison, i don't know if you're a "star wars" fan but it's like deciding whether to fight the death star or the death star base. both can blow up your planet. i'm not sure i'd want either one. the investigation makes clear how much exposure the president had on all fronts. this wasn't an investigation that was referred directly from paul mueller but in some ways it's his grandchild. that investigation produced this new information and i think the problem is -- joyce was alluding
to. now the president has exposure across his campaign, his white house committee, his white house. you have witnesses who can be -- who are turned in one investigation, rick gates is the perfect example, who can now be used in another. hike michael cohen. when you have exposure on so many fronts, you have to win on all of them and it's difficult if you're the president. >> last point? >> two quick points. one, it's interesting to me, a lot of people raised concerns that a trump picked u.s. attorney would not investigate people close to trump or people involved with trump. yet you have the southern district of new york bringing a very substantial case. you have the southern district prosecutorial office who has had no problem going after also now his inaugural committee. a lot of people raised questions about that. i think when we look back at it, we see that the justice department here continues to be independent, at least outside of areas of washington, d.c. and
the attorney general's office. >> thank you, all. massively important conversation. i don't know, matt. i know one thing, i don't want to be handcuffed or chained to jabba the hut. we're hours away from the president's state of the union. one topic we know will be brought up, the border wall. brother going to explain why even some republicans are urging caution from the president. later, despite calls from seemingly everyone in his party, virginia governor ralph northam remains in office this morning, saying he needs more time to decide if he should stay or he should go. late night host did not seem to need any more time. they have the entire weeken to prepare jokes. >> february is black history month. oh, my god, i don't even have a costume yet, said virginia governor ralph northam. >> just a little tip for anyone pla planning on doing a michael jackson impersonation.
if you're doing the moon walk, that's good enough. (avo) life doesn't give you many second chances. but a subaru can. you guys ok? you alright? wow. (avo) eyesight with pre-collision braking. standard on the subaru ascent. presenting the all-new three-row subaru ascent. love is now bigger than ever. better things than rheumatoid arthritis. before you and your rheumatologist move to another treatment, ask if xeljanz xr is right for you. xeljanz xr is a once-daily pill for adults with moderate to severe ra for whom methotrexate did not work well enough it can reduce pain, swelling and further joint damage, even without methotrexate. xeljanz xr can lower your ability to fight infections, including tuberculosis. serious, sometimes fatal infections, and cancers, including lymphoma, have happened.
as have tears in the stomach or intestines, serious allergic reactions, low blood cell counts, higher liver tests and cholesterol levels. don't start xeljanz xr if you have an infection. your doctor should perform blood tests before and while taking xeljanz xr, and monitor certain liver tests. tell your doctor if you've been somewhere fungal infections are common and if you have had tb, hepatitis b or c, or are prone to infections. don't let another morning go by without talking to your rheumatologist about xeljanz xr.
president trump will deliver his second state of the union address. his first under a divided government. with the house speaker nancy pelosi seated right behind him. along with vice president mike pence. and despite getting out of the longest government shutdown in u.s. history, and the bitter battle over funding for a border wall, the white house says the president will call for optimism
and unity. he's expected to talk about a host of issues including transportation spending, lower drug prices and border security. at the same time, senate republicans are urging the president against declaring a national emergency during this address to fund his border wall. nbc's rehema ellis is live in atlanta. nbc's vaughn hillyard is live in iowa in a county that flipped for president trump in 2016 after historically voting democratic for 60 year. what are people in i'owa hoping to hear tonight? >> good morning, stephanie. trying to -- what do they want to hear? well, it's interesting, as jeremy just told me this is sort of the melting pot of the midwest, a longtime union town, but there's also a great amount of agriculture just on the outskirts. a lot of the individuals, we
just talked to different folks here in dubuque, and several had been republican and then voted for hillary clinton. you also have those who are lock-time democrats who did vote for the president. and what they want the president to do is continue to move forward and continue to press on immigration. what the one line of commonalty was, this is what the state of the union is. >> right now, the state of the union is i think extremely divided. and that's the number one word. it's difficult to have conversations with people. >> i think the economy is doing well. i think congress is broken. that's my state of the union. >> i would like to see something more centrist. >> i would say the state of the union is dysfunctional at best and congress needs to step up to
the plate. >> workers are struggling to make ends meet and we can't afford health care. >> stephanie, that commonalty you heard was dysfunction. of course, different folks are blaming whether it be the president or nancy pelosi or congress or republicans in the senate as a whole. but what the one line of commonalty was, the message that washington should understand, is they want action on the likes of immigration, on health care, on infrastructure. there are things they want action on. what they could see among these, there are a lot of distractions at play. whether it be the white house dysfunction, the government shutdown. a lot of dysfunctions taking the l eye off of. border wall is not in the top ten prpriorities. is security of the country, yes. but she says there needs to be more focus on what helps this country going forward.
>> jennifer, making a good point. there's a vast difference between a border wall and security. rehema, you've been speaking to voters in virginia and that of course is ahead of democrat stacy abrams, her response this evening. >> what we're hearing over a cup of coffee, i'm doing decaf and our guest who's with me is alexis, she's doing the real stuff, that octane stuff. we're at the silver skillet diner in atlanta. what do you want to hear tonight in the state of the union? >> short of "i resign," i'm not really certain. i have low expectations really of what he plans to share. >> you said low expectations? >> i really do. he hasn't met them in the past. i wish he would get off social media. i wish he would stop with the
rhetoric. just really understand that it is tone at the top to bring this country together and to truly work together. >> is there any one thing he would say that would make you think he's now moving in the direction you want him to move in? >> i don't think so. i honestly don't. i've been surprised before. certainly by politicians. but i don't think so. i think he's in over his head. he has dug a really deep hole with the russian investigation. and he just continues to bully, bully, bully. >> but if there was an issue -- he's going to talk about some issues tonight. what are the top issues for you? >> i mean, the government shutdown was ridiculous to say the least. because it's just -- it's dirty politics. >> and stacey abrams, i have to tell you quick before we wrap this, big star here in atlanta and georgia. >> she is. >> what do you hope she will say in the democratic response? >> i hope she has a positive
message which is won't be too difficult to do compared to trump because he's always so negative. just be positive and bring this country together again. >> thank you very much. i should tell you, talking with some other people, immigration, health care, education, foreign policy, all issues people here inr are saying they hope the president will touch on tonight. >> if you care about income inequality, you've got to care about education. i want to get my panel in. it is an excellent one. msnbc contributor and "washington post" opinion writer jonathan kaypart. democratic congresswoman mikey sheryl from my home state of new jersey. and msnbc con trub biter, former director of strategic communications, of hillary for america, adrian aron. and a.b. stoddard. you leave us and get on a train to d.c. for tonight's state of the union. what do you expect? what do you want to hear? >> i really want to hear a
uniting message. i think what we've heard from people from dubuque to georgia, that they are feeling that this country's really divided. i want to hear about a united message. i want to hear about infrastructure. i'm incessantly talking about the gateway tunnel project which we need in new york and new jersey. i want to hear about bringing health care costs down and how we can have an agenda that's going to do that. my guest will be someone who suffered a tragic loss from the opoid epidemic. i want to hear about that. unifying messages that can bring the country together. >> if he puts forth these messages knowing who he is and what he does and the tweets that could follow or the policies, are you willing to believe that? >> i think we're going to work in the caucus and in the house to execute what he says he's going to do and hope that if we pass good legislation, that he will sign it and we can move the country forward. >> a.b., republicans,
republicans are urging the president do not declare a national emergency. what are the risks if he does so? you talk to people around the country, they're not talking border wall. it's anne coulter and rush limbaugh who talk border wall. >> if you look at the polling around the shutdown, around the wall, and around the national emergency, the national emergency members that get the most opposition, it's just really a bad trap for him. but it seems from reporting around him that he finds it's -- the republican senators have made it clear starting last tuesday, the majority leader met privately with the president and said we're going to get a resolution from the house. the law requires it. the national emergencies act. and we're going to have to approve or disprove your emergency. and likelihood is it's going to be rejected and our own republicans are going to vote with democrats. it doesn't pass constitutional muster. we have the power of the purse. it sets a terrible precedent. the next president could come in
and call anything an emergency. so he's really in a worse corner than he even appeared in last friday. >> the supreme court could. >> yes, that's right. senator cornyn said yesterday i think it's going to fail in the courts and he'll be right back where he started from. >> the president, though, is a performer. he knows how to put on a show. it's how he got elected. it's what made him a famous business man more than a successful businessman. "the new york times" says he's ready for this kind of spectacle. it's what he does best. >> yes, it's what he does best. it's going to be very interesting to see if he stays on script tonight. if he actually adheres to the teleprompter. the difference between president trump in 2019 giving the state of the union and president trump in 2018 is he had a disastrous midterm election. i understand why his team in the white house is saying let vaes a unifying message here. he's losing support within his own party. he's losing support among his
base. i don't think he has much of a choice than to try to strike a conciliatory tone. the question is are people going to believe it. >> the associated press said this is the president's moment to reset after two years a bitter divide. can he actually do that? at this point, we know who he is. he doesn't want to have a reset. >> right. no, i don't think it's possible for him to have a reset for all the reasons that have been explained by everyone who's answered your questions before me. the president standing in the well of the house of representatives fits with what the president likes. the pomp, the circumstance, the admiration. the difference between this year's state of the union and last year's state of the union is that a majority of that chamber will be democrats. it is president, as we've seen on the campaign trail, as we've seen in his rallies as president, he loves applause. he will do anything to get that applause. that's what i'm going to be looking for tonight.
the other thing i'm going to be looking for is how will republicans bend over backwards to deliver the applause that the president desperately wants? how shameless are they going to look to try to prop up the president? and he can say all the nice words, you know, be -- make calls for compromise and everything, but we have all seep this movie before. he reads the teleprompter well. he might even ad-lib and say a few things that are incendiary. within hours, he will tweet something, say something, do something that obliterates the mood and the tone he set in that speech. >> congresswoman, i want to be the house optimist. let's say he does attempt to reset. let's say he opens his mind and opened his heart. are you there with an open mind and an open heart? knowing that there's a far left portion of your party who's not having it no matter what he
says? >> you know, i think in our party we want to get stuff done for the american people. we are going to be there to legislate on things the people care about. we need him to sign that legislation. whether we're driving down health care costs, whether we're having good infrastructure projects, whether attacking the opoid epidemic, we're focused on what the american people need. we're not in the game right now of dividing the country. we need to unite the country so we can get our agenda passed. >> you've got pelosi sitting behind the president. the last time the two of them faced off, i mean, she crushed him. it was a meeting in the oval office just before christmas. he led by saying nancy's in a tough position. she doesn't have much to say here. in fact she didn't. >> i think you'll see leader pelosi take a very stoic approach to tonight.
she will probably not be standing up very often because i think she will disagree with the words that come out of the president's mouth. jonathan made a good point. more democrats for the first time in that chamber than republicans. i think you'll see a lot of people bending over backwards. especially the conservative republicans who still stand with trump, bending over backward tossing drown out any sort of boos or lack of applause that come from the democrats. >> are they bending over backwards for what trump has done or what mitch mcconnell has done right? the mitch mcconnell school of the republican party have gotten lots of things they want done. they're sticking tight on here's what you want to do in syria, i don't think so. money for the wall, no. do they stand with president trump or, behind closed doors, do they stand with mitch mcconnell's agenda? >> several things have happened to sort of shift the tide on the republican side.
starting with midterm elections. looking at 2020, a bunch of senators are up in states where they could face serious battles next year. texas, florida, iowa, north carolina and arizona. mcsally will defend the john mccain seat she basically lost in election there a few months ago. this is really fascinating, pushing papush ing back on the emergency declaration. pushing six republican senators out on the shutdown vote to side with democrats to show the president he was bleedi ining support from his own side. over on the house side, they're going to make sure they have a lot of applause for the president tonight because they need to show a lot of enthusiasm for the president. the democrats who are the colleagues of the congresswoman should be stoic like the speaker
and keep themselves on the high road. i think a lot of anger at trump is suitable for twitter but not for the well of the house. on the night of the state of the union, he can come out and do whatever he wants but as liedeas in the majority, they should keep the decorum up and not shout out things that make fund-raising commercials and appeals. >> do you agree, congresswoman? because a lot of people during the shutdown were mad at the president but they were mad at government at large. >> that's exactly right. that's why a lot of us are focused on what we can do to help the american people. people have a lack of faith in our government institutions. we just heard that from a lot of the speakers. i personally noted how many times people said congress wasn't working. we need to get back to work. so that's good legislation. that's uniting the american people behind the idea as we all
care about like lowering health care costs, like infrastructure spending. these are critical issues and if we just have our partisan battles over shutting down the government, we are not going to move forward in the way that's going to help people in this country and we're going to continue to face the battle of showing the american people that they can rely on us. >> are democrats united? because you've got stacey abrams giving the official response but you've also got bernie sanders in the mix. >> i can tell you in congress we're fairly united because a lot of us who helped to win the majority in congress ran on issues like infrastructure. ran on issues like getting health care costs down. these are things we're ready to move forward on right away and things we're excited to get to work on. >> what do you want to hear from stacy abrams? >> i want her to deliver a message to the american people today that she was delivering to georgians during her historic campaign and that was one of making it clear where she as a
democrat is separate from the president's agenda. and the party want to lead the country. the president is on the periphery. but there's big issues that the democrats want to tackle. as the congresswoman was talking about. infrastructure, health care, the opoid crisis. you can go on down the list. plenty of things to talk about wut g without getting into a knockdown dragout point by point with the president. >> one thing you can be sure of, the president is going to speak about tonight, the economy. we're going to break down some of the president's favorite economic exaggerations that you can expect to hear in money, power, politics. but do you take something for your brain. with an ingredient originally discovered in jellyfish, prevagen has been shown in clinical trials to improve short-term memory. prevagen. healthier brain. better life.
but when i started seeing things, i didn't know what was happening... so i kept it in. he started believing things that weren't true. i knew something was wrong... but i didn't say a word. during the course of their disease around 50% of people with parkinson's may experience hallucinations or delusions. but now, doctors are prescribing nuplazid. the only fda approved medicine... proven to significantly reduce hallucinations and delusions related to parkinson's. don't take nuplazid if you are allergic to its ingredients. nuplazid can increase the risk of death in elderly people with dementia-related psychosis and is not for treating symptoms unrelated to parkinson's disease. nuplazid can cause changes in heart rhythm and should not be taken if you have certain
abnormal heart rhythms or take other drugs that are known to cause changes in heart rhythm. tell your doctor about any changes in medicines you're taking. the most common side effects are swelling of the arms and legs and confusion. we spoke up and it made all the difference. ask your parkinson's specialist about nuplazid. when president trump takes the house podium for tonight's state of the union address, it is likely he will take the opportunity to celebrate the economy. frequently we hear from the president how this is the best economy ever. talking about the lowest unemployment rates and how manufacturing is making a comeback in the u.s., how the tax cut was the biggest ever, and resulted in higher paychecks for everyone. of course he reminds us that he is negotiating trade deals around the world to benefit the united states. some of that is true. some of that is a flat-out lie.
here with me, u.s. editor of "the financial times," my dear friend brendan greely. let's start with the president calling this the best economy ever. we heard it in his pre-interview at the super bowl, we heard it from sarah sanders. >> i think you could make the case. the things that matter the most to people are do they have a job. the unemployment is at 4% now. and wages are growing. the problem is -- >> but they're growing at the same pace they were before the tax cut. they were growing when president obama was in office. >> that's right, they're actually growing a little faster than they were before. you and i have had this conversation, why are wages stuck at 2% growth. >> that was a while ago. so fun. >> crazy tie times. the problem is we need to draw the distinction between cyclical and structural. we have wage growth.
structurally, that wage growth is not where it was in the last several cycles. businesses and consumers get confidence together, then they lose confidence. it comes in, it goes out, it's a tie. wages are not growing the way they did in past expansions. it's better than it was before. we used to see 4.2. these are numbers we saw in previous expansions. that's a structural problem. independent of the cycle. we haven't fixed it. >> what policy has the president put in police that lace that is in having unemployment rates as low as they are? unemployment has been ticking down since obama took office. it's been a steady move. we heard from president trump's daughter-in-law a month ago. everyone knows it's president trump who turned the economy around. he didn't turn the economy around. if anything, we're on the same trajectory. >> it's hard to see where the
trajectory changes in any of the data. i think a lot of us were surprised at the extension of the expansion. the tax cut was a kind of a stimulus. it's possible -- >> that jacked up our deficit. >> did all sorts of bad things. but it's possible to say this might have extended this expansion. but it's also important, you know, again if we're talking about unemployment, a really good measure of employment is workforce participation. if you take people in working ages, 16 to 54, and see whether or not they either have a job or are looking for a job, right. again, that measure is up, but you cannot see where it changes where trump takes office. more crucially, it's down over time. it's not as high as it was in the '90s and '80s. that has a lot to do with the structural problems. something else you and i talked about, how difficult it is to hold a full-time job and raise children at the same time. women are not entering the workforce at the same rate as they did in the '80s and '90s.
>> we don't have affordable child care. >> we spend a much smaller percentage of our gdp on child care than any other economy. >> there are no jobs that work with a school schedule. can't even get into this. >> i'll pick up my tambourine, you're singing my hymn. >> tell me how americans feel because the argument with the tax cut was people will be paying lower taxes and they're going to have more money in their paychecks and they're going to be feeling good. how is it actually translating? because sort of the birth of that trump voter, was that american would said i got screwed in the subprime crisis. the banks got bailed out. i'm still under water in my house. iexecutives are doing much better. if you owned stocks during the obama administration, you were kicking it. for everyone else, they were left out in the cold.
>> being stos acks and a house. one thing we saw during the obama recovery was if you had a house or stocks, they both increased in value. good news for people would had some wealth. very few people own stocks outside of their 401k. so we're talking about housing values increasing. you have to have owned a house to get benefit from that. very few people actually own stocks. >> where's that trump base in this? when he touts the economy, what is his base saying because it's his base that got him elected. >> i think we process the economy as voters in a very strict level. everything we know about how people voted says did you get a wage increase in the six months before the election? that's all that matters. if we're seeing 3.5% or even 4% wage growth a year from now, it might be a really interesting story. >> it will be great if we did. we need to get more money in their paychecks. brandon greely, thanks.
check out his latest piece. comparing the president to kelly slater. you got to read that. up next, we're hours away from the president's second state of the union. what he could say about isis and what did means for the military and our future in the middle east. ohn deere 1 series tractor. because changing your attachments, whether it's for this job, this job or even this job, should be as easy as... what about this? changing your plans. nothing runs like a deere. yeah. run with us. search "john deere 1 series" for more. get your 1 series for just $99 a month at your john deere dealer. get your 1 series for just $99 a month if your moderate to severeor crohn's symptoms are holding you back, and your current treatment hasn't worked well enough it may be time for a change. ask your doctor about entyvio®, the only biologic developed and approved
just for uc and crohn's. entyvio® works at the site of inflammation in the gi tract, and is clinically proven to help many patients achieve both symptom relief and remission. infusion and serious allergic reactions can happen during or after treatment. entyvio® may increase risk of infection, which can be serious. pml, a rare, serious, potentially fatal brain infection caused by a virus may be possible. tell your doctor if you have an infection experience frequent infections or have flu-like symptoms, or sores. liver problems can occur with entyvio®. if your uc or crohn's treatment isn't working for you, ask your gastroenterologist about entyvio®. entyvio®. relief and remission within reach. during the fall, everyone who has medicare may be eligible to choose a new medicare health plan. but you may be able to choose a new plan right now. if you answer 'yes' to any of these questions: are you turning 65? do you have both medicare and medicaid? do you have medicare?
and are you losing employer health coverage? if you answered yes just once, you may be able to choose a new medicare health plan right now. call humana at the number on your screen to see if you qualify. and we'll send you this helpful medicare decision guide. the call is free, and there's no obligation. humana has over 30 years of medicare experience and offers a wide range of all-in-one medicare advantage health plans that include medical and prescription drug coverage and valuable extras like: a 24-hour nurse advice line. the silver sneakers fitness program. and mail order prescription coverage. all for an affordable monthly plan premium. and, in some areas, no plan premium. with humana, you'll get more than original medicare alone and have the peace of mind of knowing you're covered for doctor visits and hospital stays. plus, routine physicals and preventive screenings. and when it comes to prescriptions, in 2017, humana's medicare advantage prescription drug plan members saved an estimated $6900
on average on their prescription costs. so call a licensed humana sales agent today at the number on your screen, to see if you're eligible to enroll today. and say yes to getting the right health care coverage without having to wait for it. (vo) we're carvana, the company who invented car vending machines and buying a car 100% online. now we've created a brand new way for you to sell your car. whether it's a few years old or dinosaur old, we want to buy your car. so go to carvana and enter your license plate, answer a few questions, and our techno-wizardry calculates your car's value and gives you a real offer in seconds. when you're ready, we'll come to you, pay you on the spot, and pick up your car. that's it. so ditch the old way of selling your car and say hello to the new way... at carvana.
we are now less than 12 hours from the president's state of the union address set to focus on bipartisanship and unity which is what so many people in the country want. democratic congresswoman from new jersey is back with me. also a former navy pilot. that's why i want to start with the military. there are reports that the president will call for an end to america's participation in ongoing wars overseas. we know he was recently met with criticism from his own party about his proposed withdrawal of troops from syria and afghanistan. where do you stand on this? i mean, it's personal for you. >> it is. it's very personal for myself and a lot of members of my caucus. i think we all understand we have to get an understanding of the mission in the ongoing wars and come up with a plan to get out of them. some of which have lasted over 20 years now. however, we can't have a
precipitous pullout of a place like syria. we have allies on the ground. we caught our nato allies by surprise with that tweet. our nato allies should never be caught by surprise in our war zones. we've been fighting side by side with the kurds. we owe to it them to make sure we have a stable exit. so i think this kind of immediate withdrawal notion displays a real lack of understanding of how we prosecute wars and what it will take to end the wars. >> alice johnson will be with the president. she was granted clemency. when you were elected you said criminal justice reform was a big priority for you. can you work with this white house on it? >> i am happy to work with anyone on criminal justice reform. i think that's how most of us feel. to give you an idea of the breadth of people working on this, the koch brothers and aclu are aligned on the first step act. i was happy to see it passed.
as the name implies, it's a first step in all the work we need to do in criminal justice reform. >> who are you bringing tonight? >> donna from my district from wayne, new jersey. she suffered a tragic loss when her 22-year-old son died from an opioid overdose. >> what do you open -- you want her to participate. the president is going to talk about drug pricing. do you see a path he's going to do something? >> well, i think -- obviously when we're talking drug pricing and we have to bring drug prices down, and then we're talking the epidemic of opioid abuse across this country, it's -- in the same area but slightly different, and i think what i am hoping is that we as a country come up with a plan to move forward on addressing the crisis that the nation is facing with the opioid epidemic. that is something that has bipartisan support and we need a long-term solution. there are certain states like vermont coming up with plans to
address it. we also need to get drug pricing down. that's something critical a lot of us ran on on this election cycle. we're looking for a path forward on that. >> bipartisanship and a path forward is what you are looking for tonight. you're trying to bring it to congress. we'll leave it there. we'll take a quick break. coming up john hickenlooper will be here on what he hopes the president says tonight, and i'm sure he'll be asked will he be running for president himself. e.
jardiance asked: when it comes to managing your type 2 diabetes, what matters to you? let's see. most of you say lower a1c. but only a few of you are thinking about your heart. fact is, even though it helps to manage a1c, type 2 diabetes still increases your risk of a fatal heart attack or stroke. jardiance is the first type 2 diabetes pill with a lifesaving cardiovascular benefit
for adults who have type 2 diabetes and heart disease, jardiance significantly reduces the risk of dying from a cardiovascular event and lowers a1c, with diet and exercise. let's give it another try. jardiance can cause serious side effects including dehydration. this may cause you to feel dizzy, faint, or lightheaded, or weak upon standing. ketoacidosis is a serious side effect that may be fatal. symptoms include nausea, vomiting, stomach pain, tiredness, and trouble breathing. a rare but life-threatening bacterial infection in the skin of the genital area could also occur. stop taking jardiance and call your doctor right away if you have symptoms of this bacterial infection, ketoacidosis or an allergic reaction. symptoms of an allergic reaction include rash, swelling, and difficulty breathing or swallowing. do not take jardiance if you are on dialysis or have severe kidney problems. other side effects are sudden kidney problems, genital yeast infections, increased bad cholesterol, and urinary tract infections, which may be serious. taking jardiance with a sulfonylurea or insulin may cause low blood sugar. tell your doctor about all the medicines you take and if you have any medical conditions. isn't it time to rethink your type 2 diabetes medication? ask your doctor about jardiance
and get to the heart of what matters. you know how we end this show no matter what there's always good news somewhere and we think good news ruhles. in indiana tess is a bomb sniffing dog who served along an army veteran during his tour in iraq in 2013. joseph loved tess so much he had her i.d. number tattooed on her arm. they were separated when his time ended. they were apart for six years, at least until saturday. after he spent years trying to adopt the dog, the two were finally reunited over the weekend. i love that. dog is a man's best friend.
tess and john together again. coming up right now, more news with hallie jackson. big day, state of the union. >> huge day in washington. thank you. i am hallie jaxen in washington. today president trump will walk into the chamber that may ultimately end up impeaching him. with the state of our union today divided. what the president will say tonight. what americans say about him. why republicans are nervous about something the president could say and how what democrats say after his speech could matter or not. we break down what you should be watching and listening for. >> subpoenas over the 2017 inauguration. what investigators want to know about who picked up the $107 million tab. in virginia both the states' top leaders are under fire. what the governor is telling staffers about his potential resignation and accusations the man next in line is