NOT YET HEARD THAT.
>> I’VE NOT YET HEARD THAT.
WHAT ABOUT THE DEFICIT
CRISES?
IS THERE ANY CHANCE WE GET A
BILL THAT ONLY DOES WHAT IT IS
SUPPOSED TO?
AND THAT IS HELP US GET OUT OF
THIS PANDEMIC HELL.
HERE’S MEET TO DISCUSS FOX
NEWS AND GERMAN PROFESSOR
BUSINESS AND ECONOMICS AT
KING’S COLLEGE HERE IN
MANHATTAN, BRIAN BRENBERG IS
BACK.
SO BRYAN, TOO MUCH MONEY GOING
OUT.
MY QUESTION IS, I KNOW THERE
ARE SEVEN BIG DIFFERENCES SOME
SUBTLE DIFFERENCES BETWEEN
WHAT THESE REPUBLICAN MODERATE
SENATORS WHAT IT WHAT
PRESIDENT BIDEN AND THE
DEMOCRATS ARE PROPOSING.
BUT ISN’T THERE STILL MONEY
LEFT OVER FROM PREVIOUS
STIMULI?
>> YES THERE ARE BILLIONS OF
DOLLARS LEFT OVER FROM ALL OF
THESE STIMULUS PACKAGES THE
SENATOR WAS JUST REFERRING TO
A SECOND AGO.
HE WOULD THINK WELL MAYBE WE
OUGHT TO SPEND THAT MONEY
FIRST BEFORE WE GO AHEAD AND
THROW ANOTHER $2 TRILLION OUT
THE WINDOW.
BUT YOU KNOW KENNEDY TO ME
IT’S NOT JUST THE AMOUNT OF
MONEY WE ARE TALKING ABOUT,
THAT’S A BIG PROBLEM TO
TRILLION DOLLARS WE DON’T HAVE
IS A BIG PROBLEM.
BUT THE BIGGER PROBLEM IS WHAT
IS IN THE BILL, THE SUBSTANCE
OF WHAT WE GET PAST HERE.
IT’S NOT JUST GOBS OF MONEY
GOING OUT THE DOOR ITS NEW
MANDATES.
A HIGHER NATIONAL MINIMUM WAGE
AT $15 WHICH WOULD COMPLETELY
CRUSH SMOKE BUSINESSES IN THE
HEARTLAND OF THIS COUNTRY.
IT IS THE EXTENSION OF
UNEMPLOYMENT BENEFITS UNTIL
SEPTEMBER.
OKAY, RIGHT NOW WE ARE TRYING
BUT IN SENDING THE ENHANCED
BENEFITS UNTIL MARCH THAT
MAKES SENSE.
WHICH MAKES SENSE.
BUT BY SEPTEMBER WE SHOULD BE
WELL INTO RECOVERED FOR THE
LESSON WANT TO DO IS CREATE AN
INCENTIVE FOR PEOPLE NOT TO GO
BACK TO WORK WHEN THE WHOLE
POINT IS TO GET BUSINESSES TO
HIRE.
IT IS ABOUT THE DOLLAR AMOUNT,
BUT IT IS MORE THAN THAT.
IT’S WHAT’S BEING PROPOSED
HERE.
THESE ARE NOT RELIEF PROJECTS,
THESE ARE PROGRESSIVE
IDEOLOGICAL PROJECTS THAT HAD
NOTHING TO DO WITH
CORONAVIRUS.
>> IT’S ANOTHER TROJAN HORSE.
WE HAVE SPOKEN ON THIS SHOW SO
MANY TIMES ABOUT THE DAMAGE
THAT CAN BE DONE WITH THE
MANDATORY MINIMUM WAGE ALONE.
BERNIE SANDERS EASY GO BACK TO
SWEDEN PREAKNESS TO GO TO
DENMARK AND SEE THEY DON’T
HAVE MINIMUM WAGE LAWS THERE
FOR A REASON.
THEY ALSO CONSIDER THEMSELVES
NOT TO BE DEMOCRATIC SOCIALIST
UTOPIAS BUT FREE-MARKET
ECONOMIES.
A LOT OF BUSINESS KILLING
STUFF HERE.
I DON’T UNDERSTAND THE URGENCY
NOW ON THE CDO SAYS WERE GOING
TO BE BACK ON TRACK TO
PRE-PANDEMIC GDP IN 2021 A
FULL EMPLOYMENT BY 2022. THAT IS WITHOUT ANY STIMULUS.
THAT IS WITHOUT ANY STIMULUS.
SO HOW CAN YOU SELL THIS BUT
THE OPPOSITION SAYING THE
OPPOSITE?
>> THAT IS JUST IT.
I THINK THIS IS A PEOPLE DON’T
UNDERSTAND LARGELY IT HAS TO
BECOME PART OF THIS DEBATE.
IF JOE BIDEN DID NOTHING IN
2021 ON THE ECONOMIC FRONT HE
WOULD LOOK LIKE A GENIUS.
HE WOULD GET THE 4% ECONOMIC
GROWTH BY THE END OF THE
EFFORT HE GET CLOSE TO 5%
UNEMPLOYMENT, ALL OF THE
NUMBERS WILL LOOK FANTASTIC.
ALL HE HAS TO DO IS NOT GET IN
THE WAY OF THE RECOVERY.
YES GET THE VACCINATIONS OUT
BUT OTHERWISE LET THE PEOPLE
DO BUSINESS.
THE PROBLEM IS HE WANTS THE
OPPOSITE.
JUST TALKED ABOUT TWO OF THE
BIGGEST JOB KILLERS CAVITY
EXTENDED UNEMPLOYMENT AND
HIGHER MINIMUM WAGE FOR THAT
SLOWS DOWN THE RECOVERY HE
WOULD INHERIT IF HE JUST SAT
BACK.
THE PROBLEM IS HE’S NOT
DRIVING THE BUS BUT IT’S ERNIE
SANDERS IN THE BUDGET
COMMITTEE THAT ARE DRIVING THE
BUS WHEN HE IS THE
RECONCILIATION PROCESS UNLESS
JOE BIDEN CAN GRAB CONTROL THE
WILL IS GOING TO LOSE THE
RECOVERY HE WOULD’VE INHERITED
BY SIMPLY DOING NOTHING BUT
GETTING OUT OF THE WAY
PROSPECTIVE SUCH A GOOD
POINTS.
TO KNOW HOW HARD IT IS TO
DRIVE A BUS WITH BERNIE
SANDERS MITTENS?
[ALMOST IMPOSSIBLE.
HE IS DRIVING IT STRAIGHT TO
HELL.
THAT OF COURSE BERNIE SANDERS
DOESN’T CARE ABOUT REPUBLICANS.
BERNIE SANDERS DOESN’T CARE
ABOUT DEMOCRATS BUT HE WANTS
US SHALL ACT IN NEIL MARXISM
THAT IS HIS GUIDING PRINCIPLE.
AND THAT WILL CRUSH THE
ECONOMY, BELIEVE ME.
I KNOW SOMEWHERE IN PRESIDENT
BIDEN’S HEART HE ONCE THE
ECONOMY TO DO WELL FOR HE HAS
SAID THAT, HE WANTS HUNTER TO
DO WELL.
HUNTER CAN’T DO WELL IF WE ARE
LEADING A GLOBAL RECESSION AND
ALL OF THE FUNDS IN CHINA AND
SAUDI ARABIA, GOD KNOW WHERE
ELSE UP.
>> THIS IS IT PRETTY MAKE FUN
OF BERNIE SANDERS MITTENS, HA
HA IT’S A JOKE.
THE FACT HIS ASSIGNMENT
ANYTHING THAT’S A JOKE.
I THINK WE’VE GOT TO GET
SERIOUS.
HE MAY LOOK CUTE SITTING IN A
STAGE BUT HE’S TALKING ABOUT
THINGS OF HARM AMERICAN
FAMILIES FOR GENERATIONS TO
COME.
BUT GENERATIONS TO COME FOR
THESE ARE REAL ISSUES SPRAYED
THE TOP LINE NUMBER MATTERS,
KENNEDY BUT THE POLICY
MATTERS.
WE CAN’T GO DOWN THE ROAD OF
GOING DOWN THE ROAD OF MAKING
IT HARD FOR BUSINESSES TO GROW
AND HIRE FOR THAT IS THE ONE
THING THAT WILL WORK THIS
YEAR, THE ONLY THING THAT WILL
WORK AS A BUSINESSES HAVE THE
COMPETENCE TO HIRE YOU GOT TO
LET THEM DO IT.
BACK THEY’RE GOING TO
AUTOMATE, THEY’RE GOING TO
FIRE PEOPLE.
IT’S GOING TO GET WORSE WITH