Page 86 - Multiplier Effect News Today

When we produce a barrel of oil or natural gas in this country we get 80 to 90% of the benefit. if we have to import energy, its about a dime. so, it has a multiplier effect on our economy. second, we need to reform our corporate tax code. its unfair. its not productive. most importantly, it dissuades capital investment. capital ininvestment is almost perfectly correlated with job creation. >> bret: it seems every year we talk about tax reform. >> what has happened is other countries have a much...

World giving them ph.d.s and then kicking them out. >> exactly. thats why senator hatch, senator rubio, and senator kuhns and i introduced today -- we took to the floor together and talked about our bill called i squared. its really about making sure that when students come over here and they get an advanced degree, that we dont just send them back to another country and say, okay, start the next google in india or somewhere else. america was built on immigrants. you look at the number of fortun...

Confused how much will be taken out or they didnt know a tax hike was companying. anchor of bulls & bears joins me now. >> they talked about many in the middle class not being hit by tax increases but those people, were they affected bit loss much the payroll tax holiday? >>guest: absolutely. everyone who says there has been no tax hike is not getting it because basically this really does hit the middle class the most. essentially, for the last two years we had a "holiday" paying only 4.2 percen...

Increase in sales and theyre finding that americans are willing to pay a little more for u.s. products. one of the sites is made in the usa forever.com. his numbers have doubled year-over-year. its founder says some buyers want better quality goods. others understand buying more u.s.-made products does create demand and leads to more u.s. manufacturing jobs, so-called multiplier effect. >> we have more than doubled in the past year and it is growing like crazy. people are really starting to wake...

Quality. >> it touches people. farm theyre grows the cotton, person takeing a it to the mill. working at the mill. so on and so on. the people that support them. economic multiplier effect is 1.78. for every dollar that we spend in the own nation. >> 1960, 98% of shoes bought in america were made in america. today its 2%. red wing boots and alden shoes the exception. wages for low-skilled jobs in china about $15 a day are rising. slinking the labor differential. making the u.s. products more com...

Productive or efficient? if you think of the multiplier effect, a 50 billion for bill gates? that is nothing compared to the value he has added to the world. >> he is spending billions applying critical thinking skills to charity. and then to dump it when it doesnt work. >> could he have reinvested more money? i dont know. >> it is his money he has the right to. but he gets credit for not the jobs and wealth he created he gets no credit

Productive or efficient? if you think of the multiplier effect, a 50 billion for bill gates? that is nothing compared to the value he has added to the world. >> he is spending billions applying critical thinking skills to charity. and then to dump it when it doesnt work. >> could he have reinvested more money? i dont know. >> it is his money he has the right to. but he gets credit for not the jobs and wealth he created he gets no credit

Extrapolated on a national level? i mean, can a moderate republican on social issues win a national office like the presidency? >> oh, i think so. and mitt is substantially to my right on the social issues. so that question doesnt even arise. but certainly he can come in, hit the ground running as i had the good fortune to be able to do and cut taxes and cut spending on day one. and that does translate to small businesses engaging in job creation. if you increase the investment tax credit for th...

Certainly become a bright spot in the u.s. economy responding to increased consumer demand. carmakers, both foreign and domestic, are adding literally thousands of jobs to their u.s. plants. in addition to new highs theyre also bringing back some experienced workers who were laid off during the recession. although some of these experienced workers may find its not exactly the same job when it comes to payday. listen. >> the benefits packages have definitely been lower and a lot of those plants a...

Had such trouble finding work for so many months. unemployment insurance, the safety net general. actually, if you measure pov terry the way you should, as you just showed, by accounting for many of these benefits, the poverty rate barely budged over the deepest recession since the great recession. its a real sign that the safety net caught a lot of people, and, yes, those folks are income constrained. they take those benefits, they spend them. theres a multiplier effect and it helps the overall...