Transcripts For CNNW CNN Newsroom With Poppy Harlow 20160403

CNNW CNN Newsroom With Poppy Harlow April 3, 2016

Is sitting on an economic bubble, a financial bubble. Comments like that from the republican frontrunner for president can certainly rattle global markets. Asia opens in a few hours from now. Despite this gloomy economic view, the new york billionaire says if he is elected president , he alone could eliminate the 19 trillion National Debt in 8 years. Jason carroll is with me in wisconsin. Trump will hold a rally there in just a few hours. Lets talk first about this economic doom and gloom outlook. Is he explaining it all on the trail, sort of whats leading him to say this . Reporter well, i can certainly tell you listening to trumps speeches, being at trump town halls in the past, he talked about the economy, the need to improve the economy, the need to create jobs, to renegotiate trade deals with countries like china. Never heard him say the types of things he did to the Washington Post, headed for a recession, not to invest in the stock market. One of the things you learn when you cover trump is when he takes the stage, much of what he says is off the cuff. This is what people like about him, right, when he speaks off the cuff. Yesterday he was talking about christianity, and within the same breath talking nato. He talks off the cuff. When he speaks here later today, expect him to do more of that. In terms of predicting what he will say, a lot of people have given up predicting what trump will do next. You already have reaction from others within the party, right, the Republican Party to his comments specifically on the economy, that the u. S. Is sort of on the brink, right . Reporter right. Seems like every other day were asking for someone within the gop to give some sort of reaction about what trump said this time. We have the chairman of the Republican National committee weighing in on what trump said to the Washington Post. Well, certainly people are afraid in this country and theyre angry with a president that hasnt delivered. Whether youre on main street or whether youre in milwaukee, wisconsin or wherever youre from, things have not improved, so i think people are afraid and when theyre angry, sometimes people say things they regret, but the truth is that people are concerned about the future and every candidate is going to communicate their message differently. Reporter poppy, one thing thats interesting about that, notice he mentioned the word anger, angry there, a few times. What the Trump Campaign has to figure out is Going Forward how do you tap into that type of anger. A number of people waiting in line are angry, angry about things happening within the country. How do you tap into it. Do you tap into it running an Aggressive Campaign . Will that work in the midwest . Didnt work in minnesota. Some saying it is not working here in wisconsin where he is trailing behind ted cruz, trailing by 10 Percentage Points in some polls, poppy. Absolutely. Tuesday is a big day in ted cruzs camp, want to take that state away. Jason carroll, live in wisconsin. Thank you, jason. Legendary the Washington Post associate editor bob woodward and robert costa conducting that interview with trump. They described it as highly unusual and extremely candid. I think the real headline for me is what he said about the economy in a precarious situation that there is a bubble. But then we asked about what would be your advice as a stockbroker or somebody who provides tips on stock, and i was really surprised he said its terrible now. This is not the time to invest in the stock market. I was following economists, they say it is odd for a Major Party Nominee to make this kind of bleak statement about the american economy. In all your years of reporting, have you seen a nominee or Major Political candidate say this kind of thing about the economy . No. I mean, what they say is they may criticize the incumbent from the other party and say the economic policies are not working and i have better policies. But what trump was saying, that this is dreary. Lets get a reality check on trumps claims. Cnns Global Economic analyst with me, and assistant managing editor at time. Author of makers and takers, and also with us, political commentator, trump supporter, jeffrey lord. This is really, really important when you look at the fact that economy is issue one for republicans and democrats this election cycle. Let me begin with you, he said the 19 trillion National Debt could be eliminated in 8 years if he becomes president. But when you look at how you get there, you have to cut the 4 trillion annual budget in half, make it 2 trillion. And hes also pushing for what he describes as a very big tax cut. How realistic are the claims . Totally unrealistic. I think it is absolute fabulism. The fact that you renegotiate trade deals is also fiction. I am not saying we dont need to rethink the rules of free trade, a lot of people are talking about that, but the idea that the u. S. Acts in a vacuum, that china and europe dont have their own agenda, we can blanket way make new rules is fictional. Jeffrey lord, as a trump supporter, you heard Reince Priebus say to jake sometimes people say things they regret. Do you think your candidate should walk back these comments at all, should think a little more carefully before saying the United States is about to fall into a massive recession . No, i dont think so. I think what the American People, it is abundantly evident at this point, the American People want plain talk from their candidates. I think this is their attraction to donald trump, frankly i think it is the attraction to ted cruz. But he is not an economist. He is not he doesnt isnt part of the fed. But he is a businessman who has made great personal success here. When you look at the polls repeatedly, people in the polls said, there was a gallup poll said 64 of republican electorate gave him high marks on dealing with the economy as opposed to 20 for senator cruz. Time after time after time give him high marks. They give him high marks because they believe he has a competent understanding of the american economy. I am not questioning his success in business, right . I dont think anyone can do that. What i wonder is do you think what stood out to me most, the claim that he could eliminate National Debt, 19 trillion in 8 years. Can you do that . I think what he is proposing overall is looking at the entire situation differently. For example, he talks nato. I want to know specifically on this. I am giving a specific example. When he talks about nato, he is talking about decreasing our expenses by having other people pick up the slack. That in turn, those monies presumably would be applied to the debt. Thats just one small example. And im saying, whether nato, whether it is trade and other issues, he is talking about a different approach that saves us money that enables us to pay off the debt, which he believes is a serious question, could bankrupt the country. Ronna, on that point, there are others in the opposite party who have said the u. S. Is footing too much of the bill for a lot of this stuff. When he talked about the stock market and said it is inflated, he is is not the only one saying that. No, and hes essentially mouthing what carl icon said to the same tune, but it is nothing new. We have known for some time theres did i ver jans between the stock market and main street. I think he is taking a colonel of truth and twisting it to give misinformation. He is talking easy monetary policy. One of the reasons the feds had to keep rates low, there was gridlock in Congress Post 2008 in large part because of things the republicans which made it impossible to have real fiscal stimulus, we had to have monetary stimulus instead. We have things happening abroad that we cant control as much as he would like voters to believe. I think this idea that we are in a weak recovery is something both parties have to grapple with, wage stagnation, most dont feel recovery is as strong as it should be, it is something people are wondering about and we need answers. I dont think were getting them from trump. I want to get both of your takes on the unemployment claim. He said to the Washington Post unemployment is not 5 , it is in the 20 somewhere. If you look at the bureau of labor statistics and look at the actual numbers, last month it was just below 10 . Even when you include people that are not looking for work now but are out of work, so theyre not included in the official Unemployment Rate. Jeffrey, should he be more careful throwing out numbers like this . He threw out the number 42 a few weeks ago. I think, poppy, we have a lot of people in this country who believe based on their own experience that the Unemployment Rate is higher than it was. I happen to know somebody thats been looking for a job for three years and couldnt find one until just the other day, as a matter of fact. Theres a lot of anger out there. I think what youre dealing with is he is giving voice to a sentiment, thats helping fuel the trump phenomenon. Rana, reality check on unemployment . In some ways unemployment isnt the problem, it is the wage problem. We have seen unemployment come down in a meaningful way. What we havent seen is wage growth and thats in part due to loss of manufacturing jobs, growth in the service sector, complicated reasons we need to grapple with. No, the 20 number is fictional. Good to have you both on. A lot ahead this hour. Lets break it down. Wisconsin down to the wire. National frontrunners in both parties are facing potential losses in tuesday if you believe the polls. Are clinton and trump losing their mojo . Also, a deadly derailment. Frightening moments for hundreds of people on board an amtrak train outside philadelphia. Part of the train suddenly sliding off the tracks. We will take you live to the scene. And later, bill weir goes west to explore the mighty Colorado River. He will join me with a look at what he found. Stunning report. We will be right back. One crest 3d white smile. Is all it takes. To turn the tables. Crest 3d white toothpaste. Removes 5 times more stains. Than the red box. For a smile like that, crest 3d white. Is the way to whiten. 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Your doctor should monitor your weight and may stop treatment. Side effects may include diarrhea, nausea, upper respiratory tract infection, and headache. Tell your doctor about all the medicines you take, and if youre pregnant or planning to be. Ask your dermatologist about otezla today. Otezla. Show more of you. Welcome back. We are two days away from the wisconsin primary. If the polls are any indication, the frontrunners on both sides are looking at a loss in that state. Latest apologies show donald trump trailing treads. And Hillary Clinton trailing Bernie Sanders by four points. With me now, the political reporter for Capital Times in wisconsin. Thank you for being with me. Im from minnesota. Youre from wisconsin. I hear they call it wisconsin nice. I thought it was minnesota nice. Ill just say theyre both nice. Thank you for being with me. Thank you. We will share the nice in a campaign thats not so nice these days. Lets begin with the republicans. Fascinates me, i think a lot of us, lot of people point to wisconsin as would be trump land. Youve got manufacturing hub, blue collar workers, you think antifree trade calls would resonate there. Cruz has the edge in polling, released an ad targeting trump on free trade. Im going to stand up for fair trade and bring our jobs back from china. We will see wages going up. Well see opportunity again. Well see a president who will stand with the people of wisconsin. And americans everywhere. Do you think cruz is picking up some of that would be antifree trade trump vote . Yeah, that was certainly his intent. That can work for him here. Trump is making the same play here as in many other states, going after the economy here, going after Governor Scott walkers record, certainly targeting people that are feeling like their jobs have been targeted and their lively hood is on the line. Ted cruz is coming in toward the end of a viable alternative. What about the evangelical vote. We looked at the exit polling from 2008 and 2012 in the primaries in wisconsin, and found 38 of the voters qualify themselves as evangelical. Is that part of whats tipping in favor of ted cruz or do you think thats not as important there . Its not something we hear about as much here in wisconsin but it is a strong ted cruz has been holding steadily in this 20, 30 area over the last few months. We are seeing him rise up to 40 polling now as candidates drop out and there arent some of the evangelical alternatives that have been there along the way until recently. Some have pointed to this as the worst week for the trump camp. What i think is interesting, weve seen a little change in his tune, right . He apologized in this interview with maureen doud for tweeting that unflattering picture of heidi cruz. He said if i had to do it over again, i wouldnt have done it. Is there a sense there has been somewhat of a turning away from trump in your state over the last week . I think so, and i dont know that it is necessarily the last week. This is the first exposure to some of the rhetoric that when you see it from farther away, maybe doesnt have as much impact. When he is coming here, saying these things in wisconsin, holding rallies and until recently refusing to apologize for things like that, hasnt been sitting well with people. Wisconsin conservatives particularly Pay Attention to talk radio here, plays a huge part. Talk radio has been antitrump and has been hammering a lot of this stuff, things that come across as not particularly civil or nice, and people are not responding very positively. All right. Well see what happens tuesday. Polls tell us one thing, what matters is what actually happens when the primary vote begins. It will be a busy week for you. Thank you so much. Thanks, poppy. Stay with cnn for full coverage of the wisconsin primaries. All day coverage begins tuesday here on cnn. Early sunday morning, amtrak ride ended in chaos and death. A live report from the scene where a train slammed into a backhoe that was sitting on the tracks. Thats next. Everything kids touch during cold and flu season sticks with them. Make sure the germs they bring home dont stick around. Use clorox disinfecting products. Because no one kills germs better than clorox. Its everything youve always wanted. And you work hard to keep it that way. Sometimes, maybe too hard. Get claimrateguard® from allstate. It helps keep your homeowners rate from going up just because of a claim. Call an allstate agent first. 8884295722. Accident forgiveness from allstate will keep his rates from going up. But not his blood pressure. Michael james middle name. Not good. Get accident forgiveness from allstate and keep your rates from going up just because of an accident. And it starts the day you sign up. So whether its your car or home, let allstate help protect your rates. Talk to a local allstate agent and discover how much more their personal service can do for you. Call 8884295722 now. Weinto a new american century. Born with a hunger to fly and a passion to build something better. And what an amazing time its been, decade after decade of innovation, inspiration and wonder. So, we say thank you america for a century of trust, for the privilege of flying higher and higher, together. Show show me more like this. Ns. Show me previously watched. Whats recommended for me. X1 makes it easy to find what blows you away. Call or go onliand switch to x1. Only with xfinity. An amtrak train headed south from new york this morning slammed into a backhoe on the tracks right outside philadelphia. We know two construction workers were killed. The chester, Pennsylvania Fire Department says 35 of the 50 on board the train were injured in the crash. You know, you think about the roots and i think whats perplexing everyone, why was a backhoe sitting on the tracks knowing the schedule of the trains . Reporter exactly, poppy, thats the question Everyone Wants answered today after this accident. We have learned from a source close to the investigation that the two construction workers in or near that backhoe who were killed were amtrak construction workers, which raises the question of how they didnt know that was an active track and how the train didnt know there was construction going on in this stretch. Were in between the philadelphia and wilmington amtrak stations. I want you to take a look at the front of the train, poppy. You can see where the impact happened. Quite a noticeable impact to the front of the train to that engine of that first car. That engine was derailed from the train. As you mention, 341 passengers on board. 35 of them injured. None life threatening. All of them taken to hospitals or back to philadelphia where they were then given other ways to get to where they were going. You can see an active scene here. You see police here. Ntsb is arriving on scene. Amtrak is investigating. They want to know how this could have happened, why there w

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