Page 12 - Tech Boom News Today

>> occasionally gets too impressed with own success. ignore the real estate bubble and ignored tech boom in 2000. it could be those moments where its all coming to a crash, i think at this point nothing really bad is going to happen to the economy or the tax cuts that are placed because of all this news. at least thats what investors are saying. neil: what do you think? >> i agree with jonas, health care is what holds best to democrs,hat they should be hammering over and over again. republicans ...

Testify, to do it under some agreement where there may be some limitations or conditions rather than appearing before the grand jury where he has to show up without his lawyer. >> thats right. someplace where he can have his lawyers nearby might be better for him by is why says he wants to sit down. michael conway, former counsel to the house judiciary committee during the nixon impeachment and one of the writers of articles of impeachment. april brought another solid month of job growth. lets...

Theyre not paying taxes. theyre getting away with murder here. the law needs to be changed. hes also after "the washington post," which is something that jeff bezos owns. he calls them fake news. a lot going on. amazon has been a stalwart of the tech boom. right? an incredibly innovative company that has done so much, has done good things for small retail shoppers that wanted to find a good deal on somebody. sometimes they can get it on amazon before they get it from the mom and pop stop. >> one...

Have democratic tax policies in force we have much higher economic growth rates than when we have republican economic policies and tax policies. >> trish: the last, eight years under president obama, didnt turn out so well. we had growth of 1.5%. should have been better. we had no economic policy out of the obama administration. >> trish, youve got to look at what tax law is in force, not whos sitting in the white house. it took several years for obama to change his tax policy. we have had democ...

Sustain it. >> clinton proper momented that tech boom. >> trish: i guess im just troubled -- >> can you look at -- >> trish: no, no, no, read an economics 101 textbook, can you chart it out. when you put more money in the hands of people and more money in the hands of corporations, the people and the corporations that are actually earning it in the first place, that equals growth. >> the last 30 years of history proves you wrong. >> trish: no, no, no, no. >> republican tax policies in force -- >...

Is now momentum investing. people buying because ive seen prices go up or seen their neighbors make money and they keep buying more. that rarely ends well. before i come off has a complete scrooge, let me give you the one flip side im seeing. im seeing in excitement across the sectors that ive ever seen before. things like the block chain technology, not necessarily the crypto currency, things like artificial intelligence, things like self-driving cars, im seeing a resurgence in animal spirits a...

You know, those friendly rates to business helped bring the kind of surpluses and economic activity you want to see, right? >> well, i think we also led to the tech boom and im not sure it led to long-term distributed investments and wealth creation for working class families over the long-term. not to mention that that was a long time ago. weve seen a huge concentration of wealth since we did tax reform the last time, which was about 31 years ago. 96% of income growth went to the top 10% of fam...

Parking lot of a high school. >> yeah. >> what is that like to go to school with kids from china who have so much money? >> chinese families, they want to start off how i can start from zero and make that much money. they have a good heart. they just dont want to study. >> lisa ling joining me now. whats your impression after talking to these kids and their dreams? >> well, its really interesting because chinese people have been coming to the u.s. for over 150 years, but for the most part, most ...

Saying, hey, he still wants to remain a u.s. senator. >> very quickly before i let you go, harry reid is not in washington any more. he still has kind of a heavy hand it seems in nevada politics which we talked about plays out nationally. what do you know? >> the only hand harry reid knows is heavy. he sits down and sitting in an office in the bellagio and works for mgm resorts. that is his theoretical day job. you have jackie rosen to admit. he recruited her. he is still trying to recruit candi...

Cratering of the market and then a recovery. you can see george w. bush had a 10% decline. bill clinton had a 3% rise. george h.w. bush, this was the tech boom, a 21% jump in stocks and ronald reagan down almost 2%. lets put this trump rally in context. this next chart shows you just the red is the trump part of it. it looks an awful lot like youve seen over the last few years. this is a big long strong bull market. almost quadrupled starting under the obama administration and now continuing int...