Page 76 - 121 News Today

>> well, i think weve had very bad policies at the beginning of this recession. mean, 2008-2009 you had all the stimulussing spending which was nothing other than a tax increase by both w. and obama, and it led to a very, very slow recovery. i dont know why it hasnt picked up more than it has, but it sure has picked up with trump. and i think maybe what were doing is hitting some supply constraints as we go along, but i think were in for a lot longer, you know, expansion than just 121 months. i ...

♪ ♪ paul: the u.s. economy reaching a major milestone this week. monday marked the 121st month since the recession ended in 2009, making it the longest stretch of economic expansion in modern u.s. history. economist arthur laffer is the founder and chairman of laffer associates. welcome, and first, let me congratulate you on the presidential medal of freedom, well deserved. >> thank you, paul. paul: all right. >> i dont think its well deserved, but im not giving it back. [laughter] paul: oka...

The working people. now just like bernie sanders and elizabeth warren. article 120, citizens of the orbs ssr have right to maintenance in old age also in case of sickness or loss of capacity to work. this is ensured by expensive development of social insurance of workers employees and state expense free medical service for working people an the provision of a wide network of health resorts for use of working people. article 121 citizens of the ussr have right to o education. the right is ensured...

Schools an effective way of handling that issue? >> yes, and im glad hes speaking in south carolina specifically, they have been talking for years about something called the corridor of shame there and trying to level the playing field where the tax dollars are allocated, hes making a good move strategically there, mike. >> john, seems to me bad news for biden campaign nobody is voting for at least 6 months, those polls could change a lot. >> if you look back at polls 4 years ago, this was the m...

Pathological affliction, people cant give credit where credit is due. i also want to point out the president was extremely disciplined in his speech yesterday. he was appealing to all americans, not just those who supported him. he was remembering our patriotic past, extolling the virtue of our heroes. i like that donald trump. i really do believe if we saw more of this of 45th president, there would be, he could have an effect, he could run a campaign that is positive, run a campaign that celeb...

100th for the nasdaq. and 87th for the dow. things have been doing great for your 401(k)s, fort stock markets over the last two years. and investors believe that the stock market is a leading indicator as to how well the economy is doing. and so if you take these record levels, were doing great. pete: but we also saw jobs added. its not just your investments. its people wages and their opportunity. >> thats right. opportunities, exactly. we are in the longest economic expansion on record. 121 mo...

Talk of his trade war, so this is a bit of a bounce-back from that. now lets look at how long weve been in this expansion for. this expansion started march 9 of 2019. you can see that top line, that gives us 121 months between the last recession and now. that would be the largest expansion, the longest expansion weve have had since 1945. that on one hand is a really great thing. on the other hand there are a lot of people very concerned these expansions are not meant to happen. so there are peop...

>> neil: today is officially the longest economic expansion that weve seen in american history in term of western civilization in any countrys history. 121 months strong right now. so starting our 11th year. now, it was distributed under the presidents seeds of barack obama and continuing through donald trump. so who gets the credit here? nick adams with you. elijah collins and publisher kathy arue. welcome to all of you. i appreciate it. elisa, im not asking you to make sounds. you can say bara...

He turned that around. credit the federal reserve in that for keeping the interest rates near zero. it is what it is and each president deserves a tip of the had. what do you say? >> okay. youre a wonderful host because you did say youre neither red nor blue but green when it comes to the economy. that is an amazing thing to say. >> thank you. i do it all the time. >> you do. you say so many amazing things. the economy goes back 121 months of no recession. but if you do the math, any mathematici...

Months. that breaks the record of 120 months as you see there. all through the 90s. this comes at the exact time that people are getting a little pessimistic. there are signs of worry in the markets. including just worry that its been so long since theres been a recession. so this number is something that for president trump is something you can expect to hear him talking about. for democrats, its daunting but one sign of that 100 year flood were talking about some breaking news just while you h...