Regulation Stuff News Today

are paying diesel. the president wants to suspend that through september. he needs congressional approval to get it done, however. members of both parties are a bit skeptical. >> dana: jason chaffetz echoed concerns of republicans who say it wont address the real issue. >> its a pure gimmick and does not solve the problem at all. it really doesnt. we have a supply problem and the president has no plan other than to go to the saudis, cut some gas tax, tap into the strategic petroleum...

Would let them. call off the war against the american energy industry. >> bill: not going to happen, larry. not going to happen with this team. >> you think? you think? i keep waiting for them -- look, we all know the fed is tightening and they are going to keep on tightening. this is just really the beginning of that story. were either in the front end of a recession or were in a recession, okay? the outlook for the economy is not good. we know that, too. the stock market is telling you again i...

Market value. >> why the markets are up in the first place? theyre optimistic that this president will goose the economy. >> on this day we scored a 51st record close for the dow. more than any other full year in history. you get the idea. fair stuff and balanced stuff, the regulation stuff, the stuff that wall street likes, even as i pointed on the personal behavior and the outbursts, it did not. not the way to win friends if the white house. the only way to cover the white house, even if it me...

Past and done events with them. so -- >> so. >> i am a libertarian radical on this regulation stuff, to put it nicely. no. but i think, look, i think most americans, their relationship with the epa comes more from fuel standards that may make their cars less efficient and their fuel more expensive or things like the coal regulations that make it tougher to get a job in the area. their relationship with the epa is not the same as a college-educated ivy league kid who is panicky about climate chan...

>> jared, what do you make of both right now in the short term but also this is a longer term trend of corporate profits going up and becoming a larger share of gdp and wages stagnant and go down? where does that trend come from and how do we reverse it? >> first of all, thats not a particularly new story. it has a lot to do -- >> exactly. >> it has a lot to do with the inequality of income or wealth or wages thats been an important and disturbing factor in the economy for a few decades. what we...

Based cutting of tax rates. and he justified it why? how? freedom. less government. so, president obama did the republicans a huge favor bringing ronald reagan into the debate. in the context of a tax debate, fine, and governor romney should engage the debate. the reagan vision of across-the-board tax reform; lower tax rates and a philosophy of reagan, freedom, less government, against president obamas philosophy which is more government. obamacare. the stimulus. the regulation stuff. but, again...