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May 17, 2019
So that it creates a tax cut for 95% of americans. the second bundle is called the controlling costs. and to do that, we want to go more towards indexes, for example, indexing retirement age and also indexing the cost of living adjustment. our third "c" is around compounding capital which talks about diversifying the social security trust fund to more high yielding assets beyond just treasury bonds. we project the bundle solution when done together will eliminate 159% of social security, 75-year...
May 17, 2019
Formula to cpie. one thing that hadnt done done, weve seen it in five resolutions in the house. one thing that hasnt been done is a tax cut for 95% of americans while increasing the benefits for social security. we think we can please both sides of the aisle with our proposal. >> i love it, left, right, center and two smart guys and gary. gary is sticking around. anthony roy, congratulations on winning. im going to that i thank you. imagine that, a possible social security solution. coming up am...
May 17, 2019
The presidents new tariffs on china are already starting to hit u.s. consumers. walmart announcing that it will have to increase its prices due to the ongoing trade war. the companys cfo telling reuters they will try to ease the pain by seeking out suppliers from other countries. gary cohen back with me. gary, tariffs. in the past, you have said not a good idea. you advised the president that they werent a good idea and this week, a former close colleague of yours, former ceo of goldman sachs on...
May 17, 2019
Unemployment has a 3% handle on it, people tend to vote their pocketbook and they tend to vote their job and i think the president is going to get re-elected if the economy remains strong. >> morgan stanley says if the tariff is in place, they could invite a recession and a recession is certainly not reflective of a strong economy. gary, always great to see you. >> good to see you, steph. coming up, john brennan will reveal what his sources are saying about the likelihood of a confrontation wi...
May 17, 2019
Problem. >> right. i definitely think that young people today have skin in the game in terms of social security. if we just think about the millennial generation more live with their parents longer. what they are going to need when this he retire in the future is something like social security. theyre not going to have as many pensions. they might not have the home equity because prices are so high. because its a problem that affects us now and moving forward, a lot of young people are intereste...