Page 2 - Cap X News Today

This is a political things. if you consider $1,000 crumbs, if you consider $2,500 crumbs, if you consider getting help on your utility bills from utilities benefitting crumbs, fine. the crumbs are adding up and they are substantial to the people getting them. theyre not crumby. >> that sounds elitist to me. for the people getting that, they love it. so its definitely a boon. as i mentioned, its important the investments in cap x and in the companies as they grow that produces more economic growt...

Open their wallets. trish? >> thank you so much, david. are we going to see more of this in the new year? with me, katherine is here. all the way from a warmer place, right? >> much warmer. 81 degrees. balmy and beautiful. >> trish: are we going to see more of this? is this a p.r. stunt for some of them or is it real? >> this is real money. more is in the pipeline. we have to consider the deduction on cap x. in addition, you have the incentives of a virtuous cycle. a lot of growth will come in f...

Getting the money. stock buy backs and executive compensation. so where this loses credibility is youre saying i want to raise the taxes on the blue states by reducing the state and local income which reduces budgets for schools, budgets for infrastructure. mark and i talked about that. im raising the deficit. the reason im willing to tolerate the reduction in the budget for schools and infrastructure, increase the dechz is because there is so much private capital flowing into the economy its go...

Distributed as opposed to that which gets invested into new business formation, cap x. >> hang on, mark. when ceos have been polled, he asked ceos to raise your hands if you are going to do anything than reinvest these wages and buy back dividends and no one raised their hand. no one he heard from is saying this is necessarily going to back into the economy. >> because its missing the final piece, john, which is the incentive to invest the money. >> this tax plan also includes an incentive that ...

Into new equipment that raise wages, and thats why we are confident the council of economic advisers says just the corporate reform is going to increase wages about $4,000 in the coming years. on top of the tax cuts you get increased wages. >> again that remains to be seen. that will have to be proven. >> thats why its unpopular. people can buy the theory of private capital. they want to know the private capital is driven into hiring and cap x. >> one of the issues that came up was how this affe...

Distributed through buy backs executive comp and the banking system as opposed to that invested in new business formation, cap x and job creation which is the basic conservative thesis i agree with. >> what we have for mork. >> >> hang on mark hang on mark. >> what we have heard from ceo when polled he asked ceos to raise hands if you were doing anything other than reinvest wages in buy backs. and no one is saying this is going back into the economy in terms of wages. >> because its missing the ...

Seasonal adjustments are annually based. investors decisions are made so rapidly we should be at least looking at it from a monthly basis as well. these are some of the other complicating factors that are kind of impacting on the quality of our assessment of what is really happening in the labor market. >> it seems that businesses are hording cash once again. they are not investing in cap x which we were expecting and they are not hiring as much as you would like to see because of the uncertaint...

In todays three big money headlines, slowdown welcome back and hey cookie. regina lewis, with a good morning to you. lets get to the first headline. a slowdown. why is that not a good economic sign? >> well its the biggest macro determinant of where it is headed. it went down from 2.6 to 2.4. to put that in perspective, alex. in the 90s, it was 3.4. cap x spending spending on behalf of companies, which is expected to create a virtuous cycle. i spend more as a company, wages go up and ultimately ...

Spending money and creating demands for goods and services, ceos are saying, wait a second were not seeing demand and why am i not going to hire and we may have to lay people off. and its not that theyre falling off. and big concerns when the report came out capital expenditure, cap x. how much money that the countries are going to be spending on goods to increase, you know, their production of goods, is actually looking to drop as well. so, that is going to have a trickle down effect and were g...

Were oversupplied in this country. the price of natural gas about $4. and that compares, one mfc of natural gas compares to 7 gallons of diesel. you got $4 compared to $30 worth of diesel. the price is cheap, it is time to use your own resource. it is 30% cleaner. what i want him to do is get on some meaningful energy debate. this stuff theyre up there talking about, wasting time on, and you just said they cant -- they cant win a vote on it. but you dont want to take whatever tax breaks the indu...