Page 4 - Econ 101 News Today

Never get to a 21st-century economy. you know, theres two things that -- that we desperately need to think about. is that we need to think about -- um -- the economy, in terms of more people is always better. thats how a gdp it grows, right? its a very practical concept. that econ 101, if you will. that we need to build the economy, with people. >> could i ask you to respond to one of the concerns that critics of the reconciliation bill have? just to ask it very simply, what does a pathway to ci...

These who are trying to flip the script thomas. >> melissa: shes like a very anger professor whose class i dropped out of. i dont know. "free stuff! we arent going to say that anymore! close to what you think about that? >> steve: is a pretty easy way overdue not be accused of offering free stuff, is a stop off and people free stuff. thats what shes doing. she can call it public goods make an argument that she wants from econ 101. but theres free stuff. its tuition free college. thats free stuff...

Lying. less than one-tenth, her wealth tax thats not going to touch the middle class, its going to raise one-tenth the taxes to pay for this government takeover debacle. she is lying! any econ 101 student can figure it out if they took their blinders off.teases a joke whats talking about. 7 >> thats not unique to democrats. i think that all these politicians lie, the deficit has gone up under president trump. >> nope.not like this. >> deficits dont matter. itll be the little things that sink her...

>> thanks very much. joining me now victoria defrancesco soto at university of texas austin and an msnbc political analyst, and todd schulte, president of forward u.s., business and tech leaders committed to meaningful criminal justice reform. victoria, let me start with you. at the first level, to me, whats striking here is a, the trump properties havent been raided. b, the employers in mississippi apparently face no sanction. and c, when trump is acting as a person, he doesnt view these peop...

At the first level, to me, whats striking here is a, the trump properties havent been raided. b, the employers in mississippi apparently face no sanction. and c, when trump is acting as a person, he doesnt view these people as a threat at all. >> its econ 101, chris, in terms folks come here to the united states to work, migrants come here, because there is a demand, because there is your trump organizations. there is your organizations in mississippi that need poultry processing workers. so the...

This because people will work for less. my question -- this is all supply and demand, econ 101. why is the democratic party making excuses for this and defending those people who that? why they defending jeff bezos and thedi big employers who are hurting the poorest in our society? >> thats not what theyre doing. they are responding to a conservative republican party that demonizes illegal immigrants as if we are not all here because of illegal immigrants or immigrants depending on how you view ...

>> and this business about illegal immigration didnt depress wages is nonsense on a stick! thats just -- thats just like economics 101. i dont mean any disrespect to the congressman. he must have been throwing the frisbee in the quad, during econ-101. >> martha: you want a spirit of cooperation. i am not sure you are contributing to that at the moment. i hear what you are saying. >> you listen to these platitudes. this is about politics. >> martha: i think you are right. people are so exhausted ...

Board. >> i get halfway through econ 101 and then drop the course. tom, im hearing it. the word is getting around. its disturbing a lot of democrats. a report that over half of the hispanic voters in america say they have not been contacted by anybody about getting out and voting. one, that true? two, if it is true what are you guys doing about it over the next 18 days? >> its all about outreach. its all about the, blocking and tackling. our operation, our investments and the hour is not just th...

Are in place so far. solar, dishwashers, steel, aluminum. in all of industries, weve seen investment off shore and coming in and creating new jobs. here is the problem. those who learned econ 101, theyre told tariffs are bad. if youre competing against china and china had auto tariffs at 25% and you have 2.5% or competing against germany and their tariffs are 10% on autos and ours are 2.5. what happens? what happens with germany is a huge-- >> so this-- >> deficit with germany and sell a lot mor...

Nothing comes to mind right now. if i would do something like that -- i would deal with it. >> let me ask you in terms of whats going to happen next obviously with ryan leaving, are you interested in becoming speaker? >> look, i said this last week, paul ryan is the speaker and hes going to continue to be the speaker for the remainder of this congress. if and when there is a speaker race, i have colleagues encouraged me to look at it. the big focus is much more important on who the speaker is ne...