But that may jobs report from the government is not good. Its a warning shot to congress. Please, get tax reform done. Im going to backtrack for a moment. The president takes us out of the paris clite deal ande says that that will stop the hemorrhaging of jobs. Well, investors went on a tear with all of this. And all indicators hit record highs late yesterday and look at this. For our followers on radio, listen to this, we will open up again this morning, not much, but maybe 30 or 40 points, a new high, another new high. Here it comes. This is not what youre seeing though in the establishment media. Look at this, states and Major Companies break with trumps decision with exit climate accord. Thats the washington post. Our disgraceful exit from the paris accord, thats the new york times. And the breakfast shows on tv were all about the threat to the planet. Theyve got it wrong. President trump did not say Global Warming is a hoax. He didnt question whether humans are warming the planet or not. He withdrew from what he said was an unfair climate deal that hurts america and he says renegotiations starts now. So do we, Varney Company, the friday edition, is about to begin. Let the good times roll oh, lets sing along, shall we . Let the good times roll, the good times are rolling. The dow coming off another record close. By the way, yesterday hit the 16th of this year, right now, it looks like more gains at the opening bell. Those futures show a gain of 35, maybe 40 points on top of the gain yesterday. Peter morici is with us, the tenured economics professor at the universi okay, are we off lets deal with the markets, i know youre not a market commentator, but is this the beginning of the second leg of the trump rally . It could be. I wrote jt before mr. Trump became president there was a lo the in the market that was positive and i wrote it again after he became elected, theres a lot of potential gain in the market. My feeling is the Equilibrium Capital is much lower than it used to be, more in the range of 3 1 2 , than 51 2 . As a consequence, the sub stainable price ratio earnings in the stock market is around 35. The historical average for the last 25 years has been about 25. Lots of room to run here. My feeling is that stocks can go higher. They could get ahead of themselves and we get some pullback, but overall i see upward momentum. Stuart thats peter morici on the markets, stay there. Ive got more in a moment. Let me deal with the paris climate deal. Business leaders are coming out against the president s decision to withdraw. Tell me. Ashley announcing they are quitting the Advisory Councils involved with the trump administration. Beginning with elon musk said he would do that, the ceo of tesla and spacex tweets out. Im departing the president ial council, Climate Change is real and leaving paris is not good for the world. And bob iger, as a matter of principle, i resign over the Paris Agreement withdrawal. And for the First Time Ever lloyd blankfein, head guy over at goldman sachs, sent out a tweet andis first very tweet. Todays decision is a setback fo the environment and for the u. S. s leadership position in the world. Parisagreement. Stuart i think theres some grinding of axes there on the part of some of the executives. Well get to. And peter morici, on balance is our withdrawal from the Paris Climate Accord is good thing for a bad thing for the American Economy . I dont think its going to have nearly the consequences that either side said. A lot of Americans Companies are positioned towards Greener Technology and so forth and were going to be leaders in selling that kind of technology to the world, one way or the other. I thought he could have played it better to get more out of it. He could have said i want this renegotiated in the context of a whole new trade package with china and try to get the europeans on board. Instead becoming increasingly disenamored with china, not doing its share in the global system. He basically spend a the lo lot of chips and didnt get the effect. Stuart okay, i want to deal with the left, politically, theyre not happy with the paris accord withdrawal. Im going to start with Hillary Clinton. She tweeted this. A historic mistake, the world is moving Forward Together on Climate Change. Paris withdrawal leaves American Workers and families behind. Nancy pelosi tweets this, President Trumps decision defies all common sense. Withdrawing from the Paris Agreement is reckless act on climate. Al gore released a statement. Removing the United States from the Paris Agreement is a reckless and indefensible action, it undermines americas standing in the world and threatens to damage humanitys ability to solve the Climate Crisis in time. Stuart joining us now claudia tenning, leaves Americans Workers and families behind, your response to that . It sounds a little dramatic to me, honestly, look, this was a this agreement i support being stewards of our environment and we need to care for our environment, but this agreement actually was negotiated outside of the political arena, its like a treaty, senate didnt pass on it, billions of dollars were committed in taxpayer money to give to china and numerous other countries that are going to and other smaller governments that are going to use the money for what . With no strengths attached. No proof it would have any change or real effect on climate, over what 40 years . So, is it a good use of taxpayer money, almost 20 trillion in debt, and i think its good that the president took the leading role to support American Workers, and to say, lets renegotiate. Lets look at this. What effect do we have in using taxpayer money. Thats my primary concern. Stuart i think were forgetting. The president went up in the rose garden, he said were withdrawing from the Paris Climate Accord. And after that applause, the need immediate renegotiation starts now. Absolutely. The same hysteria on the left youre hearing over and over, honestly is getting tone deaf. My district was a trump supporting district. My district wants to see jobs and rust belt. In my district alone are some the largest oil shales, marseles, untouched thanks to the u. S. Government. Stuart i know your area well. Youll be pleased to hear this. Here we go. Stuart were going to talk to you about Hillary Clinton because hillarys blame game continues. Roll that tape. Yes. The more you dig and the more you understand what we were up against and taking me out of the equation so that its not about okay, what happened to you, its what happened to us and particulartp concerned about the role that russia played and the very serious interference that we know they were responsible for. Stuart okay. Ill bet you want to see Hillary Clinton run again, dont you . Yes, do i have hazardous duty pay for me coming out here and being subject to that. As a woman republican who has run against the establishment, ive never been endorsed by my local republican committee, ive won as an underdog, as a woman, supported by men and women alike. Im tired of hearing about this reverse sexism. Theres sexism, its ridiculous. Its really ridiculous. Women are elected today as policy leaders. I lead women on policy not on whether or not theyre women or not. Its just the wrong message to send. Its about leadership, not about what sex you are. Stuart a few years ago, Hillary Clinton, while running for office in new york state did, as i recall, a listening tour in your area. Absolutely. Stuart upstate new york, which is indeed the rust belt. Yes. Stuart and i think part of the reason for her loss was that she promised jobs and absolutely did not come through with those for your area. Absolutely my business is in clinton, new ork, so, hillary and bill have been to my region a number of times and they have done nothing to improve jobs. She promised 200,000 jobs on her listening tour. Weve lost probably 2 or 300,000 jobs. My family owns a Manufacturing Business in the heart of Central New York up there, in rust belt country and were still thereafter 71 years not because of the policies of the liberal left in new york, in spite of them. And we need exactly the dosage were getting from trump to reduce taxes which i know you want to talk about next time im on. Stuart yes. Were going to be working on that in congress, reducing taxes and regulation and repealing doddfrank. Stuart here is how i want to end it. I want you, Congress WomanClaudia Tenney to go back to d. C. And tell people if we want to get this economy going and we need to get it going, we need a tax cut this year. We are going to have a tax cut, i promised you that last time i was on. And now were on break. Well be back on tuesday and well be at it. A pleasure to be on, thank you. Stuart the news is coming thick and fast this morning. Weve got an allstar lineup to cover it. Later this hour, budget director Mick Mulvaney. Left says he is starving children. Top white house Economic Advisor, Geri Gary Cohn and haro haro Geraldo Rivera and what does he say about Hillary Clinton. And there are only 72 Radioshack Stores left in the country. And 1,000 Radioshack Stores closed this week alone. Ashley wow. Stuart remember the days when you couldnt walk into a mall without seeing a radioshack shack somewhere or ever. Ashley whats a mall . Another story, walmart has an answer for amazons same day delivery. Asking its employees to deliver packages on their way home from work. And wed be remiss if we failed to note this, that is the navys newest Aircraft Carrier u. S. S. Gerald ford, price tag nearly 13 billion. The question, is that money well spent . And here is the man who will answer it, general jack keane is next. When heartburn hits fight back fast with new tums chewy bites. Fast relief in every bite. Crunchy outside. Chewy inside. Tum tum tum tum new tums chewy bites. The first of a new class of Aircraft Carrier has been officially delivered to the navy after more than a year of delays. Its the u. S. S. Gerald ford, with a price tag, oh, im sorry i should be talking to you about lululemon, thats the stock on the board. Ashley i was going to say, they have an Aircraft Carrier . [laughter]. Stuart no, there youve got me. No, no, the new product lines at lululemon raised their forecast and the stocks go up 15 . Here is another one, Restoration Hardware, whoa, down really big. Ashley yeah. Stuart a dismal forecast and theyre going to get down 21 at the opening bell. Now, let me get to the u. S. S. Gerald ford. It has been delivered to the u. S. Navy. Its the latest of a new class of Aircraft Carrier, theres the price tag, 12. 9 billion. Come in, please, fox news military analyst and a welcomed guest to the program, general jack keane, welcome back. Good to see you. Stuart for the benefit of our viewers who are not military people, first of all, tell us what do you get with an Aircraft Carrier battle group . Well, its probably the Aircraft Carrier itself and the 18 to 19 ships that surround it. Probably more than anything else, and many of the other services that demonstrates American Military superiority. What you really get is forward presence, with are we need it in the open common waters around the world and i think, the Aircraft Carrier and its battle group certainly is very provides tremendous military assistance when were fighting wars as we have been for 16 years. What they dont get a lot of credit for is the stability they provided for many years out in the pacific where theres been huge Economic Growth and prosperity. Because of stability in the reason. China is certainly beginning to tramp on us somewhere out there, and we understand that. Whats happened the past 20 years is remarkable and the United States military has been part of this. Stuart what is this i hear about speculation about china having a new super missile that could knock out an Aircraft Carrier . They have missiles that can knock our ships out and theyve got a very good military strategy. Theyre not building a military that looks like the United States, they think the soviet union made that mistake and lost that arms race, so to speak. So they have more of an asymetric look. Stuart can we defend . Yes, we can, but they can get through. They want to keep the Carrier Battle Group at distance not bring it in close and they can range our bomber bases in the pacific with their missiles. Theyve developed quite an offensive strategy now that goes to some of our vulnerabilities. Stuart i have to ask you about our withdrawal from the Paris Climate Accord. Do you think that Climate Change is a threat to National Security . No, i dont, i dont agree with that. I think we all have to be good stewards of our own control of our climate to be sure and i think the United States is leading the world in that. I mean, were the country thats leading the world in emissions control and thats what the hypocrisy of the deal is all about. Youve got china and india out there who are growing, growing emissions, and they dont have to do anything until 2030. It makes no sense. It bothered me from the outset. It was kind of like a, you bring the World Leaders together and it was a feelgood thing, that they think theyre doing something, but you get down into the fine print, and theres not much really happening. Its actually stifling growth and that doesnt make any sense. Stuart general, ive got 30, 40 seconds left. Can i go back to the Aircraft Carrier. Sure. Stuart theres three more brand new Aircraft Carriers being built currently which will come on stream later. Is that right . Yes. Of this class. This class, we started with Nuclear PoweredAircraft Carriers in 1961 and we make technological changes to it. This has a number of technological changes to it, good news 700 less people on board and operates more efficiently, costs less to operate. And there will be two more of this class built along this technological line. Stuart you want more spent on the military more than budgeted for . I dont think the president s proposal goes far enough to rebuild the military in the manner he was talking about, its only a 3 increase in defense spending over obamas plan for 2018 and its just, its not enough. Stuart general, i dont mind paying for an Aircraft Carrier so long as its our Aircraft Carrier and its better than the other guys. Thats my point. General jack keane, thank you for joining us, sir. Good talking to you, stuart. Stuart yes, sir. Stuart the latest on Kathy Griffin, shes lawyering up and now she claims, she is being bullied by the trump family. I guess you could say im a little surprised at that. More after this. Think again. This is the new new york. We are building new airports all across the state. New roads and bridges. New mass transit. New business friendly environment. New lower taxes. And new University Partnerships to grow the businesses of tomorrow today. Learn more at esd. Ny. Gov you know, this does not make for pleasant viewing, tiger woods you can seeim struggling to take a breathalyzer test, a 0. 00 on two alcohol tests and that backed up his claim that alcohol was not involved. He claims unintended side effects to prescription medication, thats what caused his condition. Stuart all right. Sad to see. Kathy griffin says the trump family has bullied her and, wait a minute, ash, shes hired a celebrity lawyer. Ashley who is she going to sue . According to tmz she hired lisa bloom and shell hold a News Conference to explain, quote, her true motivations behind that disgusting image of her holding the fake severed head of President Trump. Shes going to lash out apparently at the president promising to talk about that bullying she claims from the trump family that she has endured. You know, shes apparently been in hiding since this whole thing went public. You know, we have no idea what claim shes going to make, but how she can claim be a victim in all of this is beyond me. Stuart how you can do that to the president s family, particularly 11yearold barron trump who reacted very badly to that photograph. Ashley of course. S