HAVE A GREAT WEEKEND DAVID OVER
TO YOU.
DAVID: WELL STIMULATING THE
ECONOMY REPUBLICANS
PREPARING TO RELEASE THEIR
CORONAVIRUS RELIEF PACKAGE NEXT
WEEK WITHOUT A PAYROLL TAX CUT
HERE IS STEVE FORBES, GREAT TO
SEE YOU AGAIN, GREAT TO BE BACK
WITH YOU, STEVE.
>> GOOD TO BE WITH YOU, DAVID.
DAVID: THIS IS A GREAT WAY TO
STIMULATE EMPLOYERS TO HIRE MORE PEOPLE MAKING IT CHEAPER FOR
PEOPLE MAKING IT CHEAPER FOR
PEOPLE TO HIRE FOLKS.
THAT’S EXACTLY WHAT WE NEED.
WHY ARE REPUBLICANS DROPPING THE
IDEA?
>> WELL I THINK THEY DON’T
REALLY UNDERSTAND INCENTIVES, AS
YOU INDICATED, DAVID.
THE VIRTUE OF THE PAYROLL TAX
HOLIDAY IS ONE, IT GIVES WORKERS
AN IMMEDIATE PAY RAISE YOU MAKE
$40,000 A YEAR, THAT’S A $3,000
PAY RAISE, FOR EMPLOYERS IT
REDUCES THE COST OF HIRING THAT
$40,000 PERSON BY $3,000, SO
IT’S WIN-WIN ALL AROUND.
THE SECRETARY OF THE TREASURY
MNUCHIN WHO FOR SOME STRANGE
REASON DOESN’T GET IT, ANNOUNCED
ON THURSDAY WASN’T GOING TO BE
PART OF THE PACKAGE.
HE WAS SUPPOSED TO UNVEIL THE
ADMINISTRATION PACKAGE BUT
NOW THAT’S BEEN PUT OFF TO NEXT
WEEK SO I DON’T THINK THE IDEA
IS QUITE DEAD YET.
I THINK IT CAN BE RESSURECTED
BECAUSE THE ONLY THING IN THAT
NEW STIMULUS BILL THAT’LL
ACTUALLY HELP THE ECONOMY MOVE
FORWARD.
DAVID: AND THE WORST KIND OF
SPENDING.
YOU’RE SPENDING MONEY, PAYING
PEOPLE MORE NOT TO WORK THAN YOU
ARE TO WORK, AND YOU KNOW, I SAW
STEVE EARLIER AND SAID WHAT IF
I’M ROOMMATES WITH A GUY AND
HE’S NOT WORKING AT ALL AND HE’S
GETTING MORE PAY THAN I AM AND I
COME IN LATE AT NIGHT AFTER
WORKING A HARD DAY AND HE GETS
MORE SITTING ON HIS DUFF
WATCHING NETFLIX.
>> YEAH AND IT’S NOT FAIR AND
IF YOU PAY PEOPLE NOT TO WORK,
WELL DON’T BE SURPRISED A LOT OF
THEM DON’T SHOW UP FOR WORK.
IT’S VERY BASIC AND STATE
UNEMPLOYMENT BENEFITS ARE THERE
TO HELP, AND IF THEY WANT TO
HELP INDIVIDUALS, JUST WRITE
ANOTHER ROUND OF ONE-TIME CHECKS
THE NICE THING ABOUT THOSE ,
DAVID, IT’S ONE TIME.
IT DOESN’T WARP OR CORRUPT OR
DISTORT THE LABOR MARKETS WHICH
THESE UNEMPLOYMENT TAPPING UP
THE MOVING UP THE UNEMPLOYMENT
BENEFITS DOES.
IT’S ABSOLUTELY PERVERSE.
PEOPLE WANT TO HIRE.
DON’T STOP EMPLOYERS FROM HIRES
AND THAT COMBINED WITH THE
PAYROLL TAX CUT, WIN-WIN ALL
AROUND.
DAVID: WELL THIS NEXT ONE MIGHT
BE LOSE-LOSE ALL AROUND.
EMPTY PROMISES ON CLEANING UP
THE NATIONS BIGGEST CITY.
NEW YORK MAYOR BILL DEBLASIO
ANNOUNCING THAT THE CITIES GOING
TO BE STEPPING UP EFFORTS TO
BREAK UPSIDE WALK CAMS BUT AT
THE SAME TIME THE BIG APPLE
MIGHT BE ABOUT TO HEAD BACKWARDS
THE MAYOR CANCELING AN ANTI-
GRAFFITI PROGRAM THAT
WAS INSTRUMENTAL IN RESCUING
THIS CITY, FROM DISASTER DECADES
AGO, SO STEVE, LOOKS LIKE ONE
STEP FORWARD, TWO-STEPS BACK.
GRAFFITI BY THE WAY MIGHT NOT
SOUND LIKE A BIG DEAL, BUT CLEAN
ING UP GRAFFITI WAS AN
INSTRUMENTAL PART OF PULLING
THIS CITY OUT OF THE GUTTER THAT
IT WAS IN IN THE 70S.
>> WELL THAT GETS BACK TO HOW
THEY’VE ABSOLUTELY FORGOTTEN
WHAT GOT NEW YORK BACK ON ITS
FEET AFTER THE 1970S WAS BY
GOING AFTER SEEMINGLY SMALL
THINGS THAT AFFECTED THE QUALITY
OF LIFE AND THIS WHOLE HOMELESS
PLAGUE THAT NEW YORK IS HAVING
IS AN INDICATION THAT THESE
LIBERALS PROGRESSIVES ARE
BANKRUPT AND HOW TO DEAL WITH
THE PROBLEMS THEY CAN’T DEAL
WITH HOMELESSNESS THEY’RE
RAISING TAXES, WRECKING THE
SCHOOLS INFRASTRUCTURE.
LOOK AT ALL OF THE SCAFFOLDING
IN NEW YORK.
WHY IS ALL THAT THERE FOREVER?
BECAUSE IT COSTS A LOT OF MONEY
TO PUT UP AND EVERY THREE YEARS
THEY MAKE YOU PUT IT UP AND DO
INSPECTIONS YOU DON’T REALLY
NEED SO YOU HAVE ALL OF THIS
SCAFFOLDING AROUND AND
GUESS WHO LIVES AFTER THE
SCAFFOLDING?
PEOPLE THAT ARE HOMELESS AND THE
HOUSING POLICIES ARE INSANE,
SO THESE WOUNDS ARE SELF-
INFLECTED AND PEOPLE LIKE D
EBLASIO ABSOLUTELY
CLUELESS ABOUT DEALING WITH THEM
DAVID: STEVE I DISAGREE WITH
ONLY ONE THING YOU SAID AND THAT
IS US AUTOING THE WORD "
PROGRESSIVE" TO DESCRIBE THESE
POLICIES.
>> LET’S START A MOVEMENT TO
CALL THEM THE REGRESSIVE, MOVING
BACKWARDS.
DAVID: EXACTLY IT’S COMPLETELY
REGRESSIVE WHEN YOU THINK OF
PROGRESSIVE THAT MEANS THINGS
ARE GETTING BETTER, FEWER PEOPLE
ARE DYING.
IT’S EXACTLY THE OPPOSITE.
>> THEY HAVE A CAMPAIGN TO
CORRUPT THE LANGUAGE SO WE’LL
START CALLING THEM THE
REGRESSIVES.
DAVID: BUT HOW MUCH LONGER DO
WE GO BACK TO POLICIES THAT WE
KNOW DON’T WORK AND GET RID OF
POLICIES THAT WE KNOW DO WORK,
AND WE’RE NOT JUST TALKING ABOUT
A BETTER QUALITY OF LIFE.
WE’RE TALKING ABOUT SAVING
PEOPLE’S LIVES.
2,200 PEOPLE A YEAR WERE DYING
UNDER THESE POLICIES THAT WE’RE
GOING BACK TO AND NOW IT’S LESS
THAN 400.
>> THAT’S RIGHT AND THAT GOES
TO THE BALLOT BOX AND THAT ALSO
GOES TO PEOPLE WHO ARE TRUE
PROGRESSIVES, CONSERVATIVES AND
THE LIKE, WHO WANT MORE
OPPORTUNITY FOR ALL TO HAVE
LEARNED TO FIGHT HARDER.
NOT JUST IN ELECTIONS BUT YEAR
AROUND, STARTING WITH THE
CULTURE AND EVERYTHING ELSE
WE’VE GOT TO FIGHT ON ALL FRONTS
AND SHED OUR INHIBITIONS.
THIS IS A FIGHT TO REALLY SHAPE
OR HOW WE SHAPE THE NATION IN
THE FUTURE, AND RIGHT NOW, WE’RE
LOSING BECAUSE WE HAVEN’T BEEN
FIGHTING THE WAY WE SHOULD.
SO ELECTIONS ARE ONE THING BUT
WE’VE GOT TO MOVE ON THE CULTURE
EVERYWHERE ELSE.
DAVID: SPEAKING OF ELECTIONS
WE’RE SEEING A LOT MORE OF RAY
KELLY THE FORMER POLICE
COMMISSIONER HE BE A GREAT NEW
MAYOR WOULDN’T HE?
>> HE BE A FANTASTIC MAYOR AND
I JUST REGRET THAT EIGHT YEARS
AGO HE DECIDED NOT TO RUN BUT
ANYTIME HE WANTS TO RUN A LOT OF
PEOPLE WOULD RALLY AROUND HIM
AND WE FINALLY WOULD GET AN
ADULT IN CITY HALL WHO WOULD GET
THINGS DONE AS WAS DONE IN
THE 1990S UNDER GUILIANI AND