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But what it tells us is that the economy is slowing. we also saw that when we saw business investment go negative in the second quarter of this year. we had a relatively strong year in 2018, although those numbers were revised down not long ago on an annual basis it was a 2.9% growth year. thats pretty good in this economy. the long-term potential of our economy is only about 2% when you consider the size of the labor force and rates of productivity. but from that acceleration in 2009, we are cl...

Out thinking im getting some free money, i might as well go out and have some fun. >> dana: thats one of the reasons you talk about a tax cut, so you can give consumers back their own money. its also because they earned it. payroll taxes for medicare, 2.9% with no gap, additional 9% over $200,000. thats just for medicare. i think we have that up here. all for social security. thats up 12.4% for up to $132,000. so if the government 2004 actually address the payroll tax, thats going to people who ...

>> that was the argument. that was the entire argument. >> because they did a lot of hiring, so theyre not going to continue hiring. they did their hiring. >> the pace is hiring is below what it was before obama left office. before we spent $2 trillion for this tax cut. >> businesses started doing capital expansions. businesses started expanding all over the place. thats why the economy is doing well. >> i cover this stuff. ive been covering this stuff for more than a decade. >> do you guys have...

Well. >> i cover this stuff. ive been covering this stuff for more than a decade. >> do you guys have some popcorn for me? >> this is all untrue. business investment is down 5.5% in the last year. >> youre missing the point. they spent a lot of money when they got this new money from the tax cuts. >> he has not exceeded obamas rate of gdp growth. obamas was 2.9%, the best trump has done is 2.4. hes got to be double the deficit. >> let me ask you this, rob. listen, if you look at the economic ind...

Features are losing steam. they were higher earlier this morning. markets though as you know tumbled wednesday after the bond markets flashed a recession warning. the dow tumbled 8 points. its the fourth biggest drop in history. the s&p 500 closed 2.9%. reuters is reporting chinas finance ministry said the country has to take counter measures once u.s. tariffs take effect september 1st. that may be weighing on investors this morning. macys had a rough spring. the latest sign of tough times. ma...

The game together. we got hide together, girl. turns out the person on the receiving end of the text was a cop and he texted this revealing picture of himself holding his badge saying im sure we didnt. when he asked if he could still go to the game, the person writes, wrong number. oops. the dow now. sometimes in the final minute, theres a bye back. seeing value. sometimes, well, the misery holds. the dow off at this moment 2.9%. its just off the session lows. we were 3% in the negative. maybe t...

The u.s. economy grew in the first quarter. senior finance correspondent for business insider is with us. the president we should point out, tweeting about the gdp saying not bad, considering we have the federal reserve anchor wrapped around our neck. almost no inflation. usa is set to zoom. so i dont know about you, but i read that, i think the president is blaming the fed. is that what you attribute this slower growth to? >> no, can you blame a lot of this slower growth on the presidents own t...

Most of the candidates because at this point there is no need to. if she starts to rise to the point where she is going to be in the top three im sure he will swing hard. and when she goes at heim. >> sleepy joe and pochahontas. >> buttigieg. >> bernie was crazy but now bernie doesnt matter. >> yes. >> you mentioned the economy. 2.9% the numbers from last year. this -- for the second quarter of the yeary were down. >> 2.1 is still healthy and better than what it was two three years ago. >> he pr...

51 to describe the 2.9 -- the largest in united states located at nellis air force base in nevada. one of the many reasons air force officials dont want people to trespass on the base, they are worried some might be killed. "any attempt to illegally accessed military installations or military training areas is dangerous." there has been renewed interest in ufo sighting since it was revealed earlier this year the military has spent $22 million to research ufos and announced new classified violenc...

Because there was some structural damage that they wer finding as they kind of inspected the building as well as some of the sprinkler system what first alerted them to the damage because they were dripping so they thought lets remove the patients and take care of these folks. they moved them outside to a mobile shelter and another hospital. >> that was from yesterdays quake so you can imagine that shape the hospital is in now after this seven-point one. im actually looking at the earthquake map...