Halfa Cent News Today

Have from the chinese assistant commerce minister. they go low. we go high. did you ever think there would be a michelle obama illusion with regard to the china trade war? >> who knows what that even means. if they go high -- i dont know what it means. but its a great quote. >> yeah, michelle obama. the famous quote from the campaign. if the pain comes, when does it come, and do americans react? do they sort of vote with their feet? do they look at trump and blame him? wilbur ross, for instance,...

Eat up the gas tax. my suggestion is, lets make the change now. lets convert it to a sales tax. >> why a sales tax and not sort of a user fee, come up with other user fees, more tolls? >> first of all, we already use the sales tax for transfortation. a half a cent right now. >> you want to raise it. >> on a revenue neutral basis to replace the gas tax revenue essentially dollar for dollar. sales growth gross was economic activity whereas the gas task declines. we saw a poll of all the ideas out ...

Subject to have -- they make as much money as their talent takes them and thats a market response. it may not be a complete response but weve come a long way. >> this is what market does. >> right. >> what incredible is how little progress thats been made. half a cent tri now sense we passed the equal pay act theda. has narrowed by half a cent in half a century. thats what the market does when left unregulated to its own devices. so clearly there needs to be intervention here to turn that around...