25 Burst results for "Mercatus Center"
U.S. gains 916,000 new jobs in March
"Hundred sixteen thousand new jobs in this economy in march restaurants and hotels education construction manufacturing. Honestly i could just go on naming industries. They have all added jobs. We're down to an unemployment rate of six percent even and that is with a whole bunch of people getting back into the labor force so marketplace's mitchell hartman gets us going with the goods of this very good jobs. Report positive comments were a dime. A dozen as i did. My economist calls today starting with nicole. Golden at the atlantic council definitely signs of a boom. Very happy to see it. What's michael farren at the mercatus center pumped up. Is the trajectory. Two hundred and thirty. Three thousand jobs added in january than four hundred sixty eight thousand in february and doubling again to more than nine hundred thousand in march. You think marches number is high april. And may's numbers are going to be positively eye-popping as larger and larger proportions of the population are vaccinated and more of the economy reopens the breadth of job growth. Is what impressed kurt. Long at the national association of federally insured credit unions not just hard hit bars and restaurants but retail transportation. The building trades finance. A lot of businesses are looking ahead to really strong consumer demand and they don't want to be caught flat-footed without the necessary employees. Getting everyone back to work especially unemployed. Parents will require more rebound in services for those workers says nicole golden at the atlantic council. We need childcare to come back because it employs a lot of women and in particular minority women and because the burden of care and school closures have pushed so many millions of women out of the labor force. Childcare jobs are still fifteen percent below pre pandemic
Blocked Suez Canal Exposes Global Supply Chain's Fragility
"Lead. Today comes to us. Courtesy of the ever given that is a thirteen hundred foot. Long two hundred foot wide containership. One of the biggest of its kind. That is as of this moment. Most embarrassingly stuck jamming up the suez canal. Nobody going north not going south one of the key routes of global trade basically closed we have gotten christine. Mcdaniel on zoomed. Help us understand how this might play out. She's a senior research. Fellow at the mercatus center at george mason university. Thanks so much for coming on. Thank you nice to be here. So i have to tell you the first thing i thought when i saw pictures of this ship turned sideways in the canal. Other than how the heck did that happen was wow. The global supply chain is really really fragile. If this can block a major artery yes. It is fragile. There's lots of moving parts but remember the global shipping industry logistics. They are used to supply shocks demand. Shocks weather related war-related. So you know it's nothing they haven't dealt with before fair enough but if you are a a tanker company looking at this traffic jam in the suez canal. How long are you gonna wait and let your extremely valuable ships. Sit there in the backlog before you go around down the south of africa and angola the long way round right. Well economists especially trade. Economists have spent some time trying to calculate how much time cost and international trade The couple economists demanded that each additional delay of shipping is equivalent to about a half a percent to two percents patera And then of course. This is cascading. Because it's not just the stuff on that particular ship That's that's delayed by that. it's everything else. That's getting delayed because of
International students may need to leave US if their universities transition to online-only learning
"And it's universities, especially the public universities have, I think kind of a strange relationship of the rest of the world are universities air sought out by international students from around the world who want to come here to the United States? And they want to study? We understand that we understand those universities love those international students to because they tend to pay the greatest amount of tuition. This is even if they're a taxpayer funded taxpayer owned. University. But now that many of those universities are in a position where they're having to do online education of the students, is there any good reason for the student? I have to live in the United States and be granted a visa to do that? Dan Griswald joins me now who's the Mercatus Center's director of trade and immigration, Dan? Welcome back to the program. So the president has issued. Sorry about that. Go ahead. I'm glad to be with you was. I'm glad to have you with me. So this directive from the Trump administration that would take away international college student visas. If they're coursework is entirely online. Anything unreasonable about that? I think it is unreasonable and it's unnecessary one. It's very short notice. You know, just a few weeks before the fall semester starts. If they are going online for all classes, maybe not necessarily do that all semester. There are still reasons to want to stay on campus. You can meet with other students. You Khun do extracurricular things. They have labs and things like that. So It's just totally on unnecessary large and it's going to hurt the U. S economy In the short run. As you mentioned, it's going to deprive us of billions of dollars of tuition payments, potentially It's going to hurt us in the larger run by discouraging these students from coming here, and many of them go on to feel important jobs here found important companies and boost our economy. Okay, I'm a little bit of two minds about this. So, Dan, I'll admit to being a bit ambivalent about this because on one hand, I hear, but these students come here and many times they stay here, inform companies here and they start businesses and they employ people. Those are all good things. I'd like to see American citizen students do that. And there are times when I look at Universities, even in my own neck of the woods, and I think they're pursuing the international students more than they're pursuing the students in the in their own state. In other words, the state that owns the operation owns the The University provides taxpayer funding for it so that it benefits foreign students and if they end up going home, and I'm thinking, in particular about China or China says sends its students here. They learn a lot of things, and then they go home. Or they perhaps worked for a a big tech company here and then take all that that that knowledge and information and capability back to their home country and they compete against the United States. Well, I think that can happen. But there's no trade off us. Students and foreign students can prosper together. And in fact, US students are better off if we have foreign students here and then work beside them and start those companies and create those patents, But you know most of the, but let's look at doctoral students in the stem subjects, right science technology engineering. Mathematics, 72% of them. The doctoral students will stay here for 10 years or more. That percentage is even higher among Indian and Chinese students, so some of the Chinese students to go back Most of them stay here and you mentioned cos you know, cos like zoom Tesla's space six Instagram. Those were all founded by foreigners who came here as student and stayed here and found that those companies Which were a great benefit to consumers, and also have created a lot of wealth and jobs for Americans. We're going to have less of that activity because of this action by the administration. If those universities were forced had on ly or primarily depend on domestic students, students who are you know the sons and daughters of American citizens or American Green card holders. Would that necessarily mean that those companies would not be created by those students instead of instead of foreign students? Well, US entrepreneurs do found those companies. But no, I think we have fewer of those companies founded. You know, we favor native born students right? They get the in state tuition. They have plenty of opportunities to go to college. No American student is being crowded out by, for instance, In fact, the fact that the foreign students pay full freight. On their tuition means that the colleges can offer lower tuition native born American students and helping them get an education and have better paying jobs for their careers. Okay, because I don't want to sound jingoistic. But I'm also aware I've seen universities and say, We've had to put a cap on this before China virus, But we've had to put a cap on the number of students and I say, Well, hold on. You're still taking lots of international students. And they say, Well, that's because we're getting 30 or $40,000 a year from them. We're only getting 10,000 year from the students in ST And again, they seem to be more interested in those $30,000 payments than they do, making more room for American students. I think that could be true at some schools. Most universities are seeing declining in moments, or at least they're having to hunt harder and harder for this. There's plenty of opportunities for Americans. American students and the foreign students actually create more opportunities because they helped keep the tuition down so it could be more affordable for American students.
Covid-19 Spreads: Is a global economic downturn on the cards?
"Show covert nineteen the corona virus beginning in China but now we see the news stories the satellite nation of South Korea it's watching turmoil in its production lines the non satellite nation Iran is cut out from the world community and world manufacturing so we're going to set that aside and go to northern Italy where there is a super spreader we're told and there are Italian town shutting down particularly Italian towns near the best mills the Italian mills now I'm describing economics but I'm doing it anecdotally so I welcome Christine McDaniel a senior research fellow at the Mercatus center who is approaching covered nineteen from the point of view of world economics Christina very good evening to you mention in your remarks we don't have a great deal of data but what we have is there any indication of an analogy to the corona virus have we seen the world deal with at this scale of threat before and do we know what it means for the economy when and if it recovers good evening to you good evening thank you so much that to be here on this fascinating it's not grim topic well the condiments you know we look at our historic events and course there's the mayors and the sars outbreaks although this one is a somewhat different in the sense that the incubation period as the actual duration is not yet known at first it was reported to be two weeks but then just today we're hearing out of China out that there was an extra long coated nineteen incubation dad a whole family of six tested positive for the virus falling and your bonds long cord G. so if we were still very unclear on the parameters and until we get a better sense of the incubation and the and the spread then you know until that happens it's still gonna be very difficult to to what we know what the reach could be all that said today China is much more integrated into the world economy than it was during the sars outbreak and US production can be shut down if China shuts down so so well we haven't reached a health epidemic yet like Diane Swonk said you know it is very possible that there will be an economic camp that make even without health condemning it even if it's just so what if you're driven but again we just don't have the data to know for sure we have a report from South Korea that Honda I will suspend production in South Korea because of the covet nineteen actually because they can't get parts from China but that leads to shin bone the bone we also have a similar indications from Sam song and we can expect that care will also struggle is it does this tell us that it's a profound damage to the world economy as my thinking as bad as an amateur Christine is that whoever wants to buy an automobile has the money in his pocket and when that automobile is available the purchase will happen so whether it happens in the first quarter of the second quarter the third quarter it's still part of growth is that it is that it is that it is the wrong way to approach this or is is that too positive well it's it's probably right you're talking about pent up demand you know things like for you know a large consumer goods if I want a new car or a new washing machine you know whether I go out today tomorrow or next month I'm going to go out and buy one so there are certain purchases that will happen even if they are delayed and their other purchase at your purchases and and trip trips that just won't happen because they didn't happen last week you know for example a conference that you don't you might wish they were supposed to go to that you didn't go to are you what are you did you go out to dinner you didn't have to go to work another event so there are some things that those sales are just gone and they're gone forever so it it depends on the type of sale that we're talking all right let me give an example I was scheduled to be in it was Pakistan within these next days for an international conference of financial conference called by the president very important to the development of Central Asia which you know is undergoing a re awakening right now renaissance it's been delayed till fall now yes that's a delay but it's not a cancellation and yes there will be a negative effect on the hotel years and the drivers and the airlines in and out of those Pakistan is that profound the travel agency is what I'm chiefly of focusing on but also the business travel agency which is a which pays top dollar well remember travel and tourism accounts for about ten percent of global economic activity so if that ten percent slows down for the next quarter or two then that's going to show up in the in the GDP numbers it will eventually bounce back but you know in the near term it you know it probably is going to look to bleed out through the through lower GDP a lower GDP in the first and second quarter but we look at GDP globally is this just a job for the IMF Christine Shawcroft well you know it it just goes to Millis is is not really going to help here if our people are just staying home right there in the we heard the CDC and HHS today and they said that the other course they're balancing against you now it depending on how things go in the eyes of would be a very aggressive on one hand they want an aggressive containment strategy on the other hand they want minimal impact to communities and so they were talking about you know encouraging people to stay home okay we'll find staying home then your physical stimulus is not necessarily going to help you know it might help some particularly I financially failing firms but in terms of the core they're the real reason for the economic slowdown the two center bucket tied to the virus back to school season which is not necessarily going to help so you have to remit long term economic growth is driven by mainly two things number one population number two productivity growth and so don't the long term is what you need to ask yourself how is this going to affect populations how was it going to affect productivity growth productivity growth you know that's our ability to make more eager to do more with less and in the long run I don't see how this would affect predicted to gross and last we have to make some structural changes to how we do business and that yeah it is no cost and slow things down but I think we're far from getting to that discussion yet Christine you read your colleagues and there do they love to kind of this love modeling is their modeling to describe something at this scale is there a book about this or are they writing the book now there are lots of models of modeling a chance going on right now and you're right we we we economists love models and up we use models to you know basically hold everything constant and just change one thing to get a better sense of how one thing can affect everything else we can model anything right and we have a global economic models country by country even the sub national level regional level models sector by sector so we can and we're very good at at modeling the economic effects of a chair or tax but the problem with this is we don't really know what the the the shock to the model is is it a supply side shock is the demand side Sharkey is a little bit little bit of both so and so economists get a better sense of how the virus is going to translate into affecting costs is supply and demand it's it's really hard to to use models to get some type of precision on the economic
Are higher minimum wages hurting teens looking for summer jobs?
"Study from the Mercatus center says the main reason teens are having a difficult time finding jobs is due to some states. Raising the minimum wage USA radio networks, Tim Burke has more now as a minimum wage hikes continue to occur. Employers are looking for applicants who have more experience rather than at sixteen year old who's hoping to land, his or her first job, Larry wing. It is a pit bull of personal development. He joins Fox News and says, it's rather unfortunate. This is the road employers are having to go down because teens are able to learn so much from that first job. It is a tough situation. But the nice thing is, is that you learn what you have the job you learn a little respect for having a job. I believe. And I think one of the opportunities here is for kids to learn what it takes to get a job, then what it takes to keep that job. What it takes to keep your boss happy, how to serve customers. All of those things make you a better human being. And I think that's the real value here. Plus, the feeling that you have internally for your self esteem, that you're not going to be judged based on how many likes you get on your cell phone on your social media pages. But you're going to be judged based on how hard you work get rewarded for that work in the freedom that comes from spending that money, you earn for
The Exim Bank Could Gain Strength This Week
"American trade policy. There is news of the US export economy. The Export Import Bank which helps finance the sale of made in America products. Overseas hasn't been at full strength since two thousand fourteen but as marketplace's Tracey Samuelson reports that might change this week for. Two years. The EximBank has been the subject of debate. Is it a valuable tool to help us companies sell abroad, or does it mainly benefit big multinationals that don't really need it support? The White House is in the valuable tool camp says Gary Heff Bauer with the Peterson institute. Who is quite focused on increasing US exports and historically the EximBank has fostered. US exports. Bet since the Bank can't prove financing over ten million dollars. It's just doing a lot less than it used to. Bankers operating a level. It hasn't seen maybe forty or fifty years. Fred Hochberg is a former president and chairman of Export Import Bank in two thousand sixteen and twenty seventeen he was its sole board member he says during the Obama years the Bank financed roughly fifteen to twenty billion a year last year about three and a half billion dollars in Financing's. The Bank may soon be back to full muster. Thanks in part to recently changed rules in how the Senate confirms presidential nominees, but the banks near-disappearance has given its critics new ammunition. Very Nikkei J at George Mason's Mercatus center says despite its reduced capacity. We've found is basically the impact on export was absolutely. They was non as we expected an issue that sir to come up when the banks chartered needs to be renewed. Again, this fall.
"mercatus center" Discussed on Talk 650 KSTE
"With Veronique de rugy. She is with the Mercatus center at the George Mason University of northern Virginia and is a nationally syndicated columnist. She research is mainly in the area of the economy the federal budget homeland security taxation tax competition than financial privacy. And she's looking at some of the problems that have led an interesting coalition of folks to get very upset in in France. I'm wondering a given the fact that I think that probably conditions like this are not uncommon in Europe. How close would we be to perhaps similar problems in say Belgium, or or Holland or Germany's someplace like that? I think we may be closer to it in Italy. I mean, there's there's a. I mean, I suspect it could spread. And by the way. Incidentally, I think it's worth noting that there is a big pushback in a lot of countries around the world against what is perceived as a as a carbon tax the gas on. Whether it's you know, depending on where it's collected and how you want to call it. I think a lot of people are saying enough with taxes and because there's a lot of push right now. And my Cohen was very clear about it. He wants to to meet the goals for the Paris accord, a lot of countries are going to start raising their gas taxes and their carbon taxes and things like this. And I think we're gonna see a lot of pushback. It sounds as though a lot of freely elected governments are not in touch with their citizenry. I can understand why maybe the European Union. Bureaucrats in Brussels are not in touch because they're not elected at least not in the same way that they're held accountable by the voters have individual countries. But I would think the these are free societies. After all, I mean, that's why you have you have elections supposedly is the the will of the of the population to be reflected in those election returns. Now did did Matt Krohn campaign for the presidency without revealing all that he had in mind. It sounds as though his policies are getting a serious shellacking did the the voters not know what he was planning to do when he was elected. He didn't talk about the gas tax. But he talked about about. About a fair amount of the other policies. But of course, not in a way that was concreted. He talked about, you know, he talked about saving the environment. And that means lots of regulation of anti energy policies gas taxes and things like this, and whatever and whatever one thinks about the goal, right? It is the reality on the ground is is is not as pleasant as the objective. And he he did talk about texting the seniors. He did talk about about a lot of that stuff. He talked about reforming retirement. And and but I don't know like it. It's a key made a bunch of full-ti- gas and his popularity went down the toilet. But I think at the core of all this discontent is is is an objective. That is something that people are inconsistent. I mean, I think I love what you said the the heck indus- diet. That's what people want I can all of this conversation. No one is talking about drinking the size of government. Yeah. I mean, McCoy's doing it in I kind of sideways by like pushing the retirement age that's one way to to to reduce the spending on on retirement took the public sector that that very few people. They want the spending, but they don't want to Texas and the truth. And this is your lesson for us is it if you want to spend like European governments you're going to have to have regressive taxes, the European governments have put in place. A lot of taxes. I can understand that. Why does it have to be regressive? I mean, I mean if if they so so much of the progressive direction. Why can't they have progressive taxes? I mean are the are the rich being soaked in France? I would think they will. The rich the rich everyone is being soaked. Everyone is being soaked in France. But what you have in the US USO their income tax is much more regressive than ours. And we have a very very progressive tax system that we have slightly lower marginal tax rates on on the rich. But the the this high rate hit pretty high in France, you have I can't remember what what it is. Now is is it maybe forty or forty two percent, and it actually hit that hundred thousand dollars with four octave above three hundred thousand dollars and so two regressive income tax on top of that. They have the what we have the payroll tax. They have those social contribution. And the the rate is way north of twenty percents. That's the deal. That's the deal that they agreed. To in successive decades of of different governments. Okay. We're going to be taxed we're going to be taxed to beat the band, but in exchange, we get all kinds of of medical benefits and retirement early. And and this sort of thing I mean that that's the deal. You can't have both know it's hard for me to believe that the country literally, the French don't don't understand this. I mean that was the bargain they struck. Well, actually, I they do. But you know, what they're asking one of the thing that they've been asking Michael to to bring back, and he said, no and good for him said, they want him to bring back the wealth tax, the tax it has caused so many which French people to move out to Belgium, and so many companies to move out of France and people are saying and not for the middle class and the poor people to to pay we want more taxes on the rich. All right before we go to a break here. Let me just ask you a question here to what extent would you say that this is that the the Macron government is to blame the French government? If you will or to what extent can the European Union be a reasonably blamed for any of this. Well, mostly the first government. But I think the European government encourages all of this. Because now you have taxes for Europe, and you have regulations for Europe, and you have all of this stuff. And and and I think it makes a bad problem worse. All right. We're gonna take a quick break and come back with more. Again. It's important that we understand is. This is a a civilized literate by world standards wealthy country. And it is certainly undergoing problems that were used to seeing some third world hellhole somewhere, and it it bothers I think most of us to think that this kind of thing can happen in a country that that has has it frankly, so good in so many ways it makes us look in the mirror and wonder if something like this could happen here..
"mercatus center" Discussed on KTAR 92.3FM
"De rugy. She is with the Mercatus center at the George Mason University of northern Virginia, and it's a nationally syndicated columnist. She researches mainly in the area of the Konami the federal budget homeland security taxation tax competition and financial privacy. And she's looking at some of the problems that have led an interesting coalition of folks to get very upset in France. I'm wondering a given the fact that I think probably conditions like this are not uncommon in Europe. How close would we be to perhaps similar problems in say Belgium, or or Holland or Germany's place like that? I think we may be closer to it in Italy. I mean, there's there's a. I mean, I I suspect it could spread. And by the way. Incidentally, I think it's worth noting that there is a big pushback in a lot of countries around the world against what is perceived as a as a carbon tax gas on. Whether it's you know, depending on where it's collected and how you want to call it. But I think a lot of people are saying enough with taxes, and because there's a lot of push right now and Mike who was very clear about it. He wants to to meet the goals for the Paris accord, a lot of countries are going to start raising their gas taxes and their carbon taxes and things like this. And I think we're gonna see a lot of pushback. It sounds as though a lot of freely elected governments are not in touch with their citizenry. I can understand why maybe the European Union. Bureaucrats in Brussels are not in touch because they're not elected at least not. In the same way that they're held accountable by the voters of individual countries. But but I would think the these are free societies. After all, I mean, that's why you have you have elections supposedly. It's it's for the the will of the of the population to be reflected in those election returns. Now. Did Macron campaign for the presidency without revealing all that he had in mind. It sounds as though his policies are getting a serious shellacking did the the voters not know what he was planning to do when he was elected. So he didn't talk about the gas tax. But he talked about about a fair amount of the other policies. But of course, not in a way that was concrete. He talked about, you know, he talked about saving the environment. And that means, you know, lots of regulation, lots of anti energy policies gas taxes and things like this, and whatever and whatever one thinks about the goal, right? It is the reality on the ground is is is not a pleasant as the objective. And he he did talk about texting the seniors. He did talk about. About a lot of that stuff. He talked about reforming retirement. And and, but I don't know like it's a key made a bunch of football gas and his popularity went down the toilet. But I think at the core of all this discontent is is is an objective. That is something that people are inconsistent. I mean, as you said, I think I love what you said the the hacking dust diet. That's what people want I can all of this conversation. No one is talking about striking the size of government. I mean, McCoy's doing it. And I kind of sideways by pushing the retirement age, so that's one way to to to reduce the spending on on retirement, the public sector that that it's like very few people they want to spending. But they don't wanna Texas and the truth of the matter, and this is a lesson for us is it if you want to spend like European governments you're going to have to have regressive taxes like the European governments have put in place. A lot of taxes I can understand. But why does it have to be regressive? I mean, I mean if if they so so much of the progressive direction. Why can't they have progressive taxes? I mean are the are the rich used to being soaked in France? I would think they would. The rich the rich everyone is being soaked. Everyone is being soaked in France. But what you have in the USO their income tax is much more regressive than ours. And we have a very very progressive tax system in that we have slightly lower marginal tax rates on on the rich. But the this high rate hit pretty high in France, you have I can't remember what what what it is. Now is is it maybe forty or forty two percent, and it actually hit that hundred thousand dollars with four octave above three hundred thousand dollars. And so the actor was arrested income tax on top of that. They have the what we have the payroll tax. They have those social contribution. And the the rate is way north of twenty percents. That's the deal. The deal. That's the deal that they they they agreed to in successive decades of of of different governments. Okay. We're going to be taxed we're going to be taxed to beat the band, but in exchange, we get all kinds of of medical benefits and retirement early. And and this sort of thing I mean that that's the deal. You can't have both. I it's hard for me to believe that the country literate s the French don't don't understand this. I mean that was the bargain they struck. Well, actually, I they do. But you know, what they're asking one of the thing that they've been asking McColl to to bring back, and he said, no and good for him said, they want him to bring back the wealth tax the tax that has caused so many which French people to move out to Belgium, and so many companies to move out of France and people are saying in not for us the middle class and the poor people to to pay. We want more taxes on the rich. All right before we go to a break here. Let me just ask you a question here to what extent would you say that this is that the the Macron government is to blame the French government? If you will or to what extent can the European Union be a reasonably blamed for any of this. Mostly the first government. But I think the European government encourages all of this. Because now you have taxes for Europe, and you have regulations for Europe, and you have all of this stuff. And and and I think it makes a bad problem worse. All right. We're gonna take a quick break and come back with more. Again. It's important that we understand this. This is a a a civilized literate by world standards wealthy country. And it is certainly undergoing problems that we're used to seeing in some third world hellhole somewhere, and it it bothers I think most of us to think that this kind of thing can happen in a country that that has has it frankly, so good in so many ways it makes us look in the mirror and wonder something like this could happen here. Let's continue our discussion with VERA de rugy in just a moment from a massive cactus falling on a home to a beer dancing on the car's hood, we've covered talk to.
The US, Canada, and Mexico have a new NAFTA deal
"Nafta yesterday's news. Welcome U. S mc. It is a product that must be approved by the United States Congress. So therefore, it is not right now in place, but it's perspective is to replace NAFTA. Neat to reshi of the Mercatus center joins to comment on what we know. So far of the net of the the new deal that replaces after NAFTA, Veronica, very good evening to you. I my thinking here when I heard it late last night is this is brinksmanship you have been very cautious about the negotiations for some time. You've been extremely unhappy with the tariff threats by the Trump administration from what we know now about the new pact the US MCA does this. Satisfy your concerns about tariffs in the US economy and jobs could evening to you. Good evening, John. Yes. And no, I'm so glad we have a deal. I mean, I'm so glad it's lifting the uncertainty. That investors had weighing over them that was holding back on their investment in the US. And so it's it's a really good thing. We have a deal, and it's a very good thing. We have Mexico US Canadian deal that was important. So this this is a big relief. I mean on the terrorists side. I mean, let's face it. We haven't made that much progress because it was already a pretty great deal that we had with the exception really up Canadian dairy. All US exports were going to connect-, Canada and Mexico duty free, which is pretty remarkable. So we've made a little progress on the Canadian under leftover Canadian imports. But unfortunately, the metal terrorists are still up and retaliatory tar tear from Canada and Mexico are still up the yes. And no one and obviously the auto part, which is firm center at this deal is not great. But it's nothing like it could have been in terms of being bad at. All right. I want to speak to those two aspects. I the metals the I'm following the Wall Street Journal reporting here US negotiators have insisted that any change to US duties on steel and aluminum that took effect in June be addressed separately. From a broader trader deal among the country's commerce secretary Wilbur Ross said recently and agreement to revise the North American trade pact would allow negotiators to turn their focus to resolving the steel aluminum standoff. So therefore steel and aluminum is the obstacle ahead of us. Does this give them momentum to resolve that or have have objections raised in these last weeks may mean that steel and aluminum is impossible? I don't know. I know I mean, I've seen headlines success of the Canadians were going to tackle the metal tariffs after the closing bell. So maybe they'll be more on this front to say tomorrow morning. I think than an agreement between the US, Canada, and Mexico is honestly opening the door slightly bigger to to allow our resolution on the on the metal tariffs. It's also worth noting that the deal this deal. You know as imperfect as it is. And it's just an improvement. And let's be honest about this has also providing a protection for Canada and Mexico against the upcoming threat of Oto tariffs, which would be quite devastating to to the trade between Canada, Mexico and the US. So I think I think we're making progress we're not there yet. But we'll see let's go to the cars manufactured vehicles part of this. As I understand it. And and this details were not rich. But that there's an agreement here to manufacture large parts of the automobiles in Canada, and the US where the wages are high and not in Mexico where the wages are not high is that well and also. Yeah, that's and also by the way for like try to block or create a disincentive to use part. From countries where wages are even lower than in Mexico. That's not a good thing. Done increases the cost. I understand I understand. So is this something that did not exist in NAFTA? This apportioning of say, you have your standard Toyota, did we divvy it up in this fashion in the old NAFTA or did the old NAFTA? Let you make your car where it was cheapest. Well, so they was a requirement or source requirement for your part, and it was sixty percent had to be sourced in the three region. And now it is moving to seventy five percent. So it's not as if they were in terms of sourcing. There was none. There was nothing. However, there was no labor requirement that I know of especially that are so high and putting Mexico such disadvantage. So as far as I know there was none of that. We really exporting are bad or bad labor laws. And and it's even more shocking to be honest that if the Democrats were trying to force these type of labor laws on minimum wage increases on American businesses. Republicans would be furious, and rightfully so because they would understand how much distortion to create in the labor market, the expectation is that this has to go through congress next year and the the reasonable assumption is that at least part of the congress will be democratic. And so the labor part of the negotiation looks to be a compromise with a wit that that they can use in congress. So let's move to another part, which is the dairy dairy farmers reports. The Wall Street Journal got what they asked for a new version, so the ice cream and milk tariffs. Were holding everything up turned out to not be profound. I guess that's not a big number. But it does make Quebec happy. Yes. But it's also let's face it. Right. Well, it will benefit abyss moving towards closer to zero on on dairy Harris. It's it's really good for for Canadian consumers. I mean, these are the true beneficiary of these changes. And and it's is great. And they're a originally. There are a few your few farmers who who benefits from it in the US. But the true to beneficiary are Canadian consumers and drugs. I'm told that I'm following the reporting the deal extends to ten years the minimum data protection period for biologic drugs. And that means that Mexico and Canada will wait longer for lower cost copies of brand name medicines. So that's a concession on their part and that supports our big pharma. Yes. There's there's a lot of I mean, they've been Mexico and Canada definitely have conceded more. It seems to me through those deals to stay in NAFTA. And and the Canadian dairy definitely is is a big one. The the the drug part is another one the labor from Mexico. I mean, there's been a lot of concession on the part of of our trading partners and agribusiness it looks like Mexico is going to get a good deal of business coming its way the US and Canada following updated US Mexico trade deal from August. So I stepped back a little bit. This is in the right direction. And we have more details to learn is that a fair summary of where we are now there. Oh, well, I think I think it's pretty much a wash it seems to me. I mean, don't forget, right. There were no terrorists. Oh, US exports going to Mexico. We're going there. Tariffs fun duty-free, most of vast majority never seven ninety seven percent of the exports exports to to Canada world duty free. So these improvement are just really really small, right? It's it's like and the auto part. I mean, it's it's better than we expected. But it's going to have a real cost. Plus, I think the administration is is completely overselling the impact it will have on unemployment. But but but there's no underestimating the incredible value of having a deal. Even if it's it's not a good deal. I could have hoped for it's dot is just unquestionable, and it I think also opens the door for more and more negotiation and. And resolution in the future. So I think I think ultimately this. This is a good day. And the fact that they got the deal with Canada at the late hour is that significant we have about thirty seconds was was Canada did Canada concede without its best interests in mind is going to face political pushback about thirty seconds. I yeah, I think Trudeau concede some things, but so did the US the US wanted fifty percent of cars sourced in in the US to have a duty free deal, and they didn't get this. They ended up going to an increase in in a little less than fifteen percent of forced for the region. And that is significant and after concession from the US their version of the Mercatus center early moments of responding to the news from the White House, the U S M C A with Congress's approval
"mercatus center" Discussed on The Dan Bongino Show
"The cost of Medicare for all one thing. I, she says, it's a coke funded study cope brothers. It is not a coke brother study. One of them was the Mercatus center study, which is as some money funded through it by the coke brothers. The urban institute study which is a left leaning, Alex. Let's be clear what we're punky here. Her first points. I'm gonna take a piece by piece is that this study indicating that Medicare for all his very expensive was funded by the cope. Weather's one of them was a study that came up with the exact same number is up at the urban institute, which is a left leaning outlet. So let's be clear on this folks. This is white. She's lying. I don't even know. She really. I don't know her very well, but I'm being candid. I'm not really sure she even knows she's lying based on some of her prior interviews where she's just they ask her questions and she's just clueless on things. I'm not even sure she knows it. She may have just picked this up in like mad magazine or some. I'm not sure, but the Mercatus center study and the left leaning urban institute study came up with the same number meaning you can be reasonably confident that the study is somewhat accurate. So she says, number one coke products li- li- one of them was the other one which confirmed it was the exact same number at the urban institute. Secondly, she says, well, the cost of Medicare for all at thirty two trillion for ten years. Now, folks put that number. They perspective how much money we're talking about, please. The entire federal budget this year is around four trillion. Oh, Cossio Cortes and Bernie Sanders proposal to give Medicare to everybody will cost three point, two trillion dollars a year itself. Almost the entire cost of social security, Medicare, Medicaid, the military discretionary spending. There will see tire. Federal budget would be consumed by this program which would require in taxes. If you missed the show the other day. It will require the confiscation of one hundred percent of corporate profits in the United States effectively putting American business and your job out of business. But not just that weight this more jobs like that's is what do you mean just just every amount of revenue from every business in America that yes, every bit, yes, it would also require. The confiscation of the money of people who make one hundred fifty thousand dollars or more married couples. All of their money and assets. To pay for this disaster and all of these bachelor hits for all programs,.
"mercatus center" Discussed on KNST AM 790
"As we continue with our pollsters John. McLaughlin and. Doug Schoen all right so one of, the other. Thing is all right so it was a Trump sweep in terms of the, people that he endorsed which. Is good for him Washington. Post has a headline democratic resistance hit a wall, in last night's election democratic party's left wing. Insurgency found its limits we know that you know Hollywood nut jobs are now blaming Vladimir Putin for last, night's loss in Ohio which. Was a little nuts every single candidate endorsed by the rising democratic star Cossio Cortez they all went down to defeat what does that say Doug show I. Hope. It says that the Democrats flirtation with democratic socialism is over and that will have more, Danny O'Connor's and hunter lambs who, were centrist vote against then people locie explicitly clearly and, unabashedly to set the party and a new centrist fiscally conservative and the odds of that happening let's be real here whereas zero or. You gotta. Bridge departure Sean yeah I mean you, know and. I know and John knows that the party's gone solidly left which I actually, think helps Republicans in the. End come this midterm election. In ninety days John absolutely because like most of, these Democrats wording primaries there supporting like Medicare. For all single payer single, payer government run health care the Mercatus center that's going to cost us three, point two trillion dollars over. Ten years and would double the personal income taxes All the personal income taxes and all the corporate taxes in the country and that's why you don't have it the Democrats who. Tell you they want to repeal the Trump tax guess what that means you cut the. Child task care? Credit here from two thousand to one. Thousand you cut the personal deduction. In here from two thousand to? One thousand and you raise the rates on ninety percent of the of the taxpayers and most of them are middle class, the vast majority so we ought to make the Democrats to vote on this we ought to let let those votes percolate so the Doug Schoen Democrats will bail. On these crazy ideas, now just nothing more than socialism is, it. A. Good idea, John to, demand wall funding up front before the election and maybe shut down, the government I I don't I don't like to see the government shutdown but you know what. That. Funding ought to be must be the only person that doesn't care because we all know, the government doesn't shut down it's, just a big game that Washington plays and the few, people that get paid holidays you know what they're happy as can be Well the last time Schumer misplayed it because you know what happened the military didn't get paid 'cause they hadn't passed that appropriation. Bill so they're willing to shut down the government for illegal illegal aliens and not pay. The military that's how crazy these Democrats are All right we're going to let you both, go here, we, appreciate, it will. Ninety days we'll be having you guys. On regularly look at the polls look at it the numbers seeing which way this important. Midterm election is headed Doug Schoen thank you for being with us and John McLaughlin eight hundred nine four one Sean toll-free, telephone number we'll come back on the other side you're? Going to? Meet, an individual that is trying to work Iran is in deep. Trouble we now see a a restlessness that is taking place among. They're very high youth population and with the president's new sanctions does that mean a change could. Be on the horizon that's.
"mercatus center" Discussed on On Point with Tom Ashbrook | Podcasts
"That's going to be a big change. And you know, I think there going to be, you know, this is where we really are getting down into the weeds, and it's hard to know until we're debating a real Bill that might actually become law. But there are probably going to be some winners and losers for those people moving from work insurance to Medicare for all. There's probably some people who don't have that great of insurance through their work, they and we've seen in some of the surveys and some of the research that increasingly people who have insurance through their worker asked to pay more money out of pocket to pay higher premiums. And so for some people moving into a government program where you no longer have premiums where you no longer have out. A pocket costs could end up being a pretty good deal. On the other hand, there are certainly people who have very good insurance through their work right now who might like their insurance very much and would therefore be kind of perturbed at the idea of being forced to switch over to a government plan and maybe the benefits aren't nearly as robust aren't as robust as what they currently have or maybe they have to end up paying a little bit more money, whether that takes the form of taxes or something else. Obviously, financing is a big question for any single payer proposal. So you think we're going to get into that in a big way because I want to talk about this plan that just I mean, the study that just came out from the Mercatus center about how this would how much this would cost, essentially what it would mean to taxes. But I, I'm Dillon, I wanted to stick with this idea of winners and losers in this idea, big losers. I think it's fair to say health insurance companies would mostly be eliminated and executives among the highest paid in the nation would lose their jobs. Right, of course. Yeah. There's the how we make that. Transition to time ill, more or less eliminate a multibillion dollar industry and what that means for Konami an our economy while kind of subsuming that industries functions into the government is that's that's kind of a lot of ways the whole ballgame. I think for single payer because that's the biggest programmatic change and politically people get nervous about change people, at least a lot of people. I think mostly feel fine about their the insurance they get through work. We did a series of focus groups last fall, and that's something we've found regularly as even if people didn't love the insurance. They have through work. They're probably okay with it. And the idea of a big change is scary to them. So I do think politically, that's a challenge in terms of winners and losers may be one simple way to think about it. We actually got a recent study, not the one we're talking about today, but a study of what single payer in just New York state might look like, and the gist of its findings was people above one hundred twenty five people and families who make more than one hundred twenty five thousand dollars a year are probably going to be. Loser's they're probably going to end up paying more money under the new, the New York vision of single payer then than they do now on the other hand. And that's a lot of people, of course, on the other hand, people who make less money than that would probably end up saving money. So the the distributional changes are definitely going to be a bow big question to solve both as a matter of policy and in terms of how the politics of this play out. All right. So now comes this analysis from the Libertarian-leaning Mercatus center..
Senator Bernie Sanders, John Stomas and Assault discussed on Jim Bohannon
"At yesterday's markets good morning John it's the. Final trading day. Of, July, in. The, markets though have been in a slump on a selloff in technology shares that led to triple, digit losses. Yesterday for the Dow. And the NASDAQ another possible food safety scare at your polled lay one, of its restaurants near Columbus Ohio was. Shut down Monday following reports of customers wait they're getting sick if it gets the okay from. Local authorities though it plans to reopen today eight. States filing suit against the Trump administration. For allowing a, company to publish downloadable blueprints for three. D printable assault weapons online lots of jobs in food service cafeteria. Management firm Sodexo says it wants to hire twenty thousand workers in just the. Next sixty days Uber shutting down the development of self. Driving semi trucks Ford today unveiling new Mustang bullet car wants to get a. Whole new generation of muscle car fans and tesla Of the fifteen hundred dollar limited. Edition surfboards, it. Made over this past weekend well at another major auto, manufacturer Honda Motor says its profits jumped seventeen point eight percent in the last quarter driven strong sales in North America and motorcycle sales in Asia three d. gun lawsuit Tom does not. Appear that will be heard in time. For tomorrow's blueprint release the, state of Washington late, on, Monday joined by Oregon New York Maryland four other states and, the district of Columbia sued the. Trump administration to stop the publication of plans for three d printable guns on the internet last week Texas, company called defense distributed. Received the State Department's okay to, begin putting those. Blueprints for three d printable guns on the web following a three year battle those. Plans may hit the web tomorrow trouble is these weapons. Including plans for an AR. Fifteen assault rifle will be made of plastic and virtually untraceable by law enforcement and Anyone tracking terrorist suspects and officials say that already over a thousand people have downloaded the AR fifteen. Rifle, blueprints all right we'll be, watching CNBC's Tom Busby at, twenty three after, a new study says Medicare for all, would mean historic tax increases, for everyone correspondent John Stomas, has more to study, from the Mercatus center at George Mason University in Virginia a libertarian institute says a plan by Vermont Senator Bernie Sanders that would give, Medicare to, all, would increase government, healthcare spending by thirty two point six trillion dollars over ten years the study did find that Sanders Medicare for all plan would. Bring significant, savings on drug costs ended ministration but increased demand would. Drive up spending Sanders said the study was misleading and noted the connection, of the conservative coke brothers. To the center Sanders office has not..
"mercatus center" Discussed on KTAR 92.3FM
"Four point seven trillion dollars and get this Double double, all federal individual income taxes and all corporate income, taxes and you still won't pay What you, need to pay for so-called. Medicare for all not just the rich doubling everyone's personal income taxes. And everyone's corporate income taxes you still wouldn't generate enough money to pay for Medicare for all and, that's assuming that doubling everybody's. Taxes isn't going to, put a huge damper. On our economic growth which of course it would but other than, that it's a great plan I, don't know why we won't. Just raise you Russia, after this right now Al-. US residents would be covered, with no co pays and deductibles for medical services your taxes would double well, but you wouldn't be charged for this and even that, wouldn't pay for it they. Might have to triple let you wouldn't have copays you wouldn't have deductibles anymore Of course I told you that's really not. How Medicare works right now Responding to the study Sanders took aim. At the, Mercatus center and said they get money from the cook brothers Say it's conspiracy But the. Other studies don't and, by the way the people who, did the study the, chief guy said. Blouses his, name he said this. Is my work this is not the. Coke brothers work, now at first the Sanders staff did find an air in the initial version of. The Mercatus report they counted a long-term care program that was. In Bernie Sanders 2016 proposal and is no longer in. His current proposal so blouse corrected it and that reduced the estimate about three trillion over ten years in that came up with, this number, thirty four point. Seven trillion dollars so even after, correcting the mistake even after giving credit, for the savings you would get. From single payer it's still gonna cost, thirty four point seven trillion dollars and doubling all federal individual and corporate income taxes would still not cover. The additional costs even a former Clinton administration adviser. Has come out Kenneth Thorpe health policy professor At Emory University Atlanta author one of. The earlier studies saying it was at least twenty four point seven trillion dollars over ten years says the Mercatus analysis reinforces his, studies and, others he said. It's showing that if you're going, to do this and go in this, direction it's going to cost the. Federal government two point five to three, trillion a year in terms of spending even though people don't pay premiums the tax increases are going to. Be enormous well so what I mean it's worth it isn't it come on It's, worth it to, get what? You need What? Do you think are you ready for this is this? The winner that the Democrats are looking for a Sanders comes out if every major, country. On earth can, guarantee healthcare to all okay first of. All they don't and achieve better health outcomes they don't while spending substantially less per. Capita than we do for some they do it is absurd for anyone to. Suggest the United States gone. Through the same nobody says, better healthcare outcomes it's just not, true, now if he's talking about life expectancy well the life expectancy includes deaths to homicides. That has nothing to do with their healthcare it includes deaths by car accidents now that, has a little to do with their healthcare but it has more to do with how many people drive cars and how many miles. Driven per person compared to most, other countries we drive more than anybody else and we drive faster that. Almost anybody, over a lengthy period of time I mean I know there's Audubon. Another things and also suicides you take suicide Homicides and and car wrecks out we're number one life expectancy. Now if you look at health. Outcomes for serious diseases and serious illnesses like cancer and, others were number one so they're not being honest with you even about the quality of our healthcare and that's not even looking at. All the new drugs that come, from here surgeries that come from here medical the pieces of equipment that. Come from, here and you don't get that coming out of Venezuela and Cuba Even Great Britain nobody creates more of these things than we do By the way this'll be about eleven percent of our GDP eleven percent of our, economic output will be spent on Medicare for. All the first year twelve percent by the end of the, decade, and, then it'll just keep going, up according. To these, studies but hey it sure will feel good won't it I mean, it'll feel like. We have really done something for the average person You realize we already have Medicaid for people who can't afford it. We have Medicare for seniors we have where you can be on both Medicare and. Medicaid if you're, what they call dual eligible which helps people. As well and then we have all different types of insurance that you can choose to, have and we also have non-governmental organizations that. Help pay for people's healthcare so we still have lots of, ways, to, help people who can't afford, it and. Instead they, want to double everybody's taxes and it's still wouldn't pay for it But it sure sounds nice. Didn't that sound nice I mean it sounds nice that you get down to that Love to, know what you think about it eight four four dig Chad get you. On board eight four four dig Chad and you are in my name is Greg Knapp in just a second. I want to explain just how bad the socialism is going in Venezuela because, it's worse than you've been. Told then we'll get? Into the, soda tax is coming to a town near you My name's Greg Knapp this is the Chad Benson show have you ever taken your car in for, an oil change you can find something wrong and surprise your hit with a huge repair. Bill and what.
"mercatus center" Discussed on 850 WFTL
"The, massive car wildfire near Redding California which is, now at ninety five thousand acres but the toll. Of that deadly wildfire is growing the number of, dead here, is now it's six two firefighters a great grandmother. And her two young great. Grandchildren all died in the flames and now another body has been found in a neighborhood Shasta county sheriff Tombo Sankoh says the. Latest case could have been avoided person did receive evacuation notices and did not evacuate about. Half a, dozen people, remained missing. Alex stone ABC news Redding, California the president is once again demanding his border wall President Trump. Threatening to shut down the government if he, doesn't get a border wall tweeting I would. Be willing to shut down government if the Democrats do not give, us the votes for. Border, security which includes the wall Meanwhile President Trump's former attorney and fixer could have an opportunity or a problem with, his secret requ Boardings. Current Trump lawyer. Rudy Giuliani says the FBI seized from x. Trump attorney Michael Cohen one, hundred, and eighty three unique conversation Giuliani on CBS, is face the nation says Mr. Trump's voices only. On one former New Jersey Governor an ex federal, prosecutor Chris, Christie is Donald Michael Collins best interest when he. Does not have a deal. Yet ABC news chief legal analyst Dan Abram says if Cohen can prove Donald Trump knew in advance about the Trump Tower meeting. With Russians that does potentially become significant from ABC's this week Chuck Sivertsen ABC news Senator. Bernie Sanders, Medicare for, all plan. Would increase government healthcare spending, by thirty two point six trillion dollars over ten years that's according. To a study from the Mercatus center at, George Mason University it says the plan would. Bring big savings on administration and drug costs but increase the demand, for care Sanders took. Aim, at the Mercatus center which receives funding from the conservative coke brothers you're listening to ABC news I believe that God created you, and, he, also, created an. Abundance of, organic, fruits, and vegetables to keep you. Healthy hi I'm Dennis black naturopathic doctor and founder of, Texas SuperFood. Over thirty years ago I was diagnosed with stage for cancer and. Given just months to live I started eating the way that God intended, us all to eat, but finding organic fruits and vegetables, every day is not only time consuming.
"mercatus center" Discussed on WTVN
"Upper hand against the massive car, wildfire, near Redding California which now at ninety, five thousand acres but the toll of that deadly. Wildfire is growing the number of dead here is, now at, six two firefighters a great grandmother in her too, young great grandchildren all died. In the flames and now another body has been found in a neighborhood Shasta county sheriff Tombo Sankoh says the latest case could. Have been avoided person did receive evacuation notices and did not evacuate about half a dozen. People remained, missing Alex, stone ABC. News Redding California the president, is once again demanding his border wall President Trump threatening to shut. Down the government if he doesn't get a, border wall tweeting I would be willing to. Shut down government if the Democrats do not give us the votes, for border security which. Includes the wall Meanwhile President Trump's former attorney and fixer could have an opportunity for a problem with. His secret recordings. Current Trump lawyer Rudy Giuliani says the FBI seized from Ex-, Trump attorney Michael Cohen one hundred eighty three unique. Conversation Giuliani on CBS's Face the nation says Mr., Trump's voices, only on one former New Jersey Governor an ex, federal prosecutor Chris Christie is. Michael Collins best interests when he does not have a deal yet ABC news chief legal analyst Dan Abrahams says if cone can. Prove Donald Trump noon advance about the Trump Tower meeting with Russians that does potentially become. Significant from, ABC's this, week Chuck. Sivertsen ABC news Senator Bernie, Sanders Medicare for all plan would increase government healthcare spending by thirty. Two point six trillion dollars over ten years, that's according to a study from the Mercatus. Center at George Mason University it says the plan would bring big, savings on administration and. Drug costs but increase the demand for care Sanders took aim at the Mercatus center which receives funding. From the conservative. Coke brothers you're listening to ABC news I believe. That God created you, and he also created an abundance. Of organic fruits and vegetables to keep you healthy hi I'm, Dennis, black, naturopathic, doctor and. Founder of, Texas, SuperFood, over thirty years ago, I was. Diagnosed with stage for cancer and given just months to live I started eating the way that got intended us all to eat, but finding organic fruits, and, vegetables every day is, not only time consuming it's expensive that's.
"mercatus center" Discussed on KSRO
"Hand against. The massive car wildfire near Redding California which is, now at, ninety five thousand acres but the toll of that. Deadly wildfire is growing the. Number of dead here is now it's six two firefighters a great grandmother and her two young great grandchildren all died in the. Flames and now another body has been found in a neighborhood Shasta county sheriff Tombo Sankoh says. The latest, case could, have been. Avoided the person did receive, evacuation notices and did not evacuate about half a dozen people remained. Missing Alex stone ABC news Redding California the, president is once again demanding his border wall. President Trump threatening to shut down the government if he doesn't get, a border wall tweeting. I would be willing to shut down government if the Democrats do not give us the. Votes for border security. Which includes the wall. Meanwhile, President Trump's, former attorney fixer could have an opportunity or a problem, with his seek Secret. Recordings current Trump. Lawyer Rudy Giuliani says the FBI seized from x. Trump attorney Michael Cohen, one, hundred eighty three unique conversation Giuliani on CBS's. Face the nation says Mr. Trump's voices only on. One former New Jersey Governor an ex federal prosecutor, Chris Christie, is not a Michael Collins pets interest when he. Does not have a deal. Yet ABC news chief legal analyst Dan Abrahams says if cone can prove Donald Trump noon advance about the Trump Tower meeting with. Russians that does potentially become significant from ABC's this week Chuck Sivertsen ABC news Senator Bernie Sanders. Medicare for, all plan, would increase. Government healthcare spending by thirty, two point six trillion dollars over ten years that's according to a. Study from the Mercatus center at George Mason, University it says the plan would bring big. Savings on administration and drug costs but increase the demand for care, Sanders took aim at. The, Mercatus center which receives funding from the conservative coke brothers you're listening to ABC news I believe that God created you and he, also, created, an, abundance of. Organic fruits, and, vegetables, to keep you. Healthy hi I'm. Dennis black naturopathic doctor and founder of Texas SuperFood over, thirty years. Ago I was diagnosed with stage for cancer and given just months to live I started eating the way that God intended us, all to eat but, finding organic fruits and vegetables every day is not only time consuming it's expensive that's why I started texassuperfood, almost twenty years..
"mercatus center" Discussed on News 96.5 WDBO
"Against the massive car, wildfire, near Redding California which is now at ninety, five thousand acres but the toll of that deadly. Wildfire is growing the number of dead here is now at, six till firefighters a great grandmother and her two young great grandchildren all died. In the flames and now another body has been found in a neighborhood Shasta county sheriff Tombo Sankoh says the latest case could. Have been avoided he person did receive evacuation notices and did not evacuate about half a dozen. People remained, missing Alex, stone ABC. News Redding California the president, is once again demanding his border wall President Trump threatening to shut. Down the government if he doesn't get a, border wall tweeting I would be willing to. Shut down government if the Democrats do not give us the votes, for border security which. Includes the wall Meanwhile President Trump's former attorney and fix there could have an opportunity or a problem with. His secret recordings. Current Trump lawyer Rudy Giuliani says the FBI seized from Ex-, Trump attorney Michael Cohen one hundred eighty three unique. Conversation Giuliani on CBS is face the nation says Mr. Trump's, voices only on one former New Jersey Governor an. Ex federal prosecutor Chris Christie. Is not Michael Collins best interest when he does not have a deal yet ABC news chief legal analyst Dan Abrahams says cone. Can prove Donald Trump knew in advance about the Trump Tower meeting with Russians that does potentially. Become significant, from ABC's, this week. Chuck Sivertsen ABC news Senator, Bernie Sanders Medicare for all plan would increase government healthcare spending by. Thirty two point six trillion dollars over ten, years that's according to a study from the. Mercatus center at George Mason University it says the plan would bring, big savings on administration. And drug costs but increase the demand for care Sanders took aim at the Mercatus center which receives funding. From the conservative. Coke brothers you're listening to ABC news I. Believe that God created, you and he also created an. Abundance of organic fruits and vegetables to keep you healthy, hi, I'm, Dennis, black naturopathic. Doctor and, founder, of, Texas SuperFood over thirty, years ago. I was diagnosed with stage for cancer and given just months. To live I started eating the way that God intended us all to, eat but finding organic, fruits and vegetables every day is, not only time consuming it's expensive that's why I started texassuperfood almost, twenty years ago..
"mercatus center" Discussed on KQED Radio
"Mercatus center or isn't specific regulation that governs the use of data on social media sites like facebook in his testimony today mark zuckerberg will talk about some of the privacy changes facebook is making like removing and apps access to your data if you haven't used the app in three months paul home at georgetown law center says lawmakers are probably going to be skeptical because they've heard may culpas and promises of reform from coburg before but omb says we're probably a long way from new regulation i don't think a lot of people right now have a sharp idea about you know a perfect privacy law we would enact today if we could wave a magic wand and it's always possible that congress will just let facebook police itself i'm maryelle zegarra for marketplace when the trump administration makes a decision on trade or foreign investment levying new tariffs blocking a foreign acquisition of us firm it's coming from a core belief the idea that economic security is national security in fact the president and his team have often repeated that very phrase in the course of defending the administration's decisions marketplace's tracey samuelson looks at what that phrase means when the trump administration decided that protecting the us steel and aluminum industries from foreign competition was a matter of national security it's argument for new tariffs wasn't just that we need these metals to make weapons or build critical infrastructure dan rosen is with rhodium group a research consultancy government is saying we need to protect certain industries as a reliable component of the american economic system in order to look after the national security this is a new world it's a view the trump administration laid out back in december when it published its new national security strategy economic security was one of its four main pillars arguing that our national security requires us to take a much more holistic view of what will make us safe and secure and defensible in the future in a similar vein the trump administration recently decided that a foreign company broadcom couldn't acquire us telecommunications firm qualcomm it argued the us needs to be a global leader in the wireless broadband technology qualcomm developing rosen says the obama administration also struggled with similar questions around technology and national security but the boundaries of what could be considered critical and in need of.
"mercatus center" Discussed on WBAL 1090AM
"Former the mercatus center somebody i know a well uh we have only seen scant regulatory growth in the last year so i think the democrats do not understand we're going to get more into evidence for this why the left does not understand why don't get your thoughts four went out four six seven wbal that's our number here foreign o four six seven nine two two five as well on in a when we come back we're going to be talking more about this in the meantime i want to tell you about timeshare exit team at shares are easy answer let me read this one oh well no i'm not gonna be able to read these two sorry about that or we're gonna tell you what i bring a let's let's come back and we'll do a reset and i will do this in a moment diabetes can cause kidney problems that lead to dialysis neuropathy that could lead to amputation vision impairment that can lead to blindness plus heart disease and stroke crime corbyn burns said if you suffer from type 2 diabetes i have great news for you help your diabetes simple yet powerful natural approach is helped thousands of diabetes sufferers lower their blood sugar and get off their medications often in a matter just a few months discover howard proven safe and natural methods can help you get your health and your life back for us it gives thing my mind sees come from a seven eight two five and now i'm not taking her medication and i'm really feel at the fifth cope your diabetes the old natural doctor monitored programme for those who suffer from type 2 diabetes is now available to the public learn how you can reverse your diabetes call four one zero two six six and ninety eight.
"mercatus center" Discussed on WTMA
"To receive the mercatus center writing most recently at the national review online about the taxcut bill now passed both the house in the senate but their differences considerable know however significant in that they need to negotiate all of this quickly and get it to the president's desk if i understand the republican need to show a success in 2017 bernie a very good evening to you we go now to what are the differences in what is to be done i'll first start with the differences that i know of and please bring in more between the house bill passed several weeks ago and the senate bill passed in a saturday night rescue of the republican party just just weekend ago the first is the day eight certain this matters that deal because the senate version delays the full corporate tax cut until 2019 and phases it in whereas the house bill sees it as january 1st 2018 even if the signature come some days later will be backdated to that date your measure is this a major concern does this change the way the markets will perceive this bill good evening to you very meek good evening john um i i don't know but in my opinion uh looking forward for company companies um i don't know that they will matter if it starts it if it in law and it starts in 2019 baddebt promises that it is care permanent which is what defend that dan i i i i think that the plans for 2018 have already been made uh based on a much higher rate so i i don't see this as you know as a major problem what what matters is like in the end by 2019 we will have a permanent permanent nice twenty percent so the negotiators will not stay up to late drinking coffee and making desperate cell phone calls to their masters this will be solved now we go to another concern which has to do with the individual mandate of the senate version banishes if the house already agreed to that measure is this a significant factor will this change the.
"mercatus center" Discussed on WSB-AM
"Year now i ask you is that fair democrats want you to believe you're not paying enough and your fair share would be to pay more now here's another startling statistic about this whole subject of taxes where the amount of money that we as americans spend this is according to the mercatus center they did this analysis back in two thousand thirteen waste spent up to three hundred seventy eight billion dollars annually and tax related accounting costs wow you know that's enough hours folks to provide the workforce for three point four million people which would represent the workforce of walmart ibm mac donald's and target combined so as you listen to the tax debate keep those facts and matt let's start with what the democrats are trying to do by distracted people relative to the timing mick mulvaney was asked if he thinks treasury secretary steven nations goal of habit of tax bill but the president to sign buddy summit is realistic absolutely do in fact i've got a lot more if the house really does take the senate budget when they come back on nothing it's tuesday this week at absolutely moves the ball a lot further a lot quicker towards cycle and this mcauliffe senate majority leader he was asked if he could support tax bracket for megan as you know they are now proposing a tax bracket the millionaire so they'll have a talk employee all we stuck to jeddah rich again in order to get a tax reform bill pass i get into the details of this is going to be hashed out illegal but in the ways and means committee in a house in the finance committee on the senate i can tell you what the overall goal middleclass tax relief the stopping of job exportation because of our horrible business talk structure and those contrary to get the country growing again so folks as you hear all of the rhetoric and the attacks on the president's plan for tax cuts and simplification remember walter williams state mit politicians exploit public ignorance and that's exactly what's happening big story number two and it be i'll bet you didn't realize it would be healthcare you why oh my god schachter stunned health care i won't entitled this healthcare big story as i told you so you see mick mulvaney says.
"mercatus center" Discussed on WIBC 93.1FM
"Roll it out it's kind of a show thing but you said there's some bipartisan support it's been thirty plus years since there's been tax reform the republicans obviously with healthcare they've dropped the ball and failed they can't seem to get themselves together moving in the right direction in in agreeing on anything even with bipartisan support the think there is there a chance that we're going to see some tax reform by the end of the year or is this another one of those things that where it all sounds great but along the way the republicans are going to mess this thing up and we're not going to see any real tax reform oh almond roca were going to mess it up eminence called the tea party to calm down we need but i think they have no clue it but you attack on any i think it could quickly i'm run it by the end of a year that's not gonna happen but before they're going to their growing to do very nicely favoured the cursor that i don't understand that happy other option it can ongo 28 you'd a 2018 election without having to work on taxes they're absolutely crazy to think that very regime from the mercatus center we appreciate you come in and talk about this today again i think a lot of people don't quite get it or grasp how important stuff is especially the corporate side of things and how we are completely overtaxed we appreciate your coming on today and sharon era your knowledge it was going on out there i thank you so much for having me it is again a its taxes are important and we don't quite get it and it for a lot of people it seems like it's over everybody had because a lot of ways it is because now because you're stupid this use your ignorance two minute the process in itself and it is convoluted and it is crazy and it is confusing and many of that is for a reason and these laws that some them are antiquated old and we haven't kept up with the world and we're a global economy yet at the same time we don't could be as the global economy dammit we need to we absolutely need to and something needs to get down she's right there i don't think they have a choice but as how much of the republicans going to.
"mercatus center" Discussed on KKAT
"Mercatus center at george mason university and nick johnson editor at axios let me start with you before i ask whether the tax cuts and reform bill will get through by year end i want to ask you should it get through by year end in your opinion do you support this bill or where are you on it i think that be god the corporate income tax reform bite of the bear is excellent and i i think i i wish the way had been lower agra starting point because we know it gonna go up from there and and i think that while moving to a territorial fraternity who my important the lower the rate god god last important have become back having both is is a good thing i feel so good for wait get because we know that um that lowering the cooperating important weight at at over time will have an impact on on wage level on i think that um you know that aren't on the side of the on the individual side on i think it it can never to bowl you have on like this i think that are not most of those are not uber progrowth i understand ronda uh the wanting to give our tax relief but i think they need to be upset and i don't see that it on barron up upset emmerich you are to make the mac work come at pretty much my it's my a piece i definitely really hope their corporate impact of that well navigate outweighs the bag i thought this doubling of the standard deduction was a good idea for a lot of reasons simplicity it's going to help a lot of people at the middle and lower end millennials things like that and it should be it should make the whole deduction thing should reduce the importance of the deduction thing not a guy that the one of the i and i agree with you i not simplify the tax code which which is important um but my my only concerned who concern about govering the standard deduction if it wanna on on getting people off the world i i i do i'm i'm i very nick hearing about hat so let me go yet question they're going to go through by year end.
"mercatus center" Discussed on KKAT
"Never ever happens because many of the highest grade in then wallowed life he moved to a territorial vmware it doesn't matter what our weight edge green the money back that income tax by the us if we lower the rate in our it actually mitigate a lot of the impact of the worldwide net is that this is why i really really well i really want their way to go down there and i want them to go as low as possible not but we become galore lower cooperating unpack country in the world who even going to go alone station it doesn't matter because when company move their rape back here are rate is lower anyway so we already done paying hacked the talkative urinate the regime from the mercatus center as we talk about taxes here in the republicans rolling out their plan eaves you you you again devils in the details we don't know much about it they rolled out it's kind of a show thing but you've said it there's some bipartisan support it's been thirty plus years there's been tax reform the republicans obviously with healthcare they've dropped the ball and failed they can't seem to get themselves together moving in the right direction and agreeing on anything even with bipartisan support the think there is there a chance that we're going to see some tax reform by the end of the year or is this another one of those things that where it all sounds great but along the way the republicans are going to mess this thing up in we're not going to see any real tax reform almond orlando roca were his we're going to mess it up i mean it's called the the party ranks but i think they have no choice got your tax on any i think it could quickly that it by the end of a year that's not gonna happen but before they're going to their growing you very nice the pressure.