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I think the biggest difference between today and the early '80s is the jobs market, which is just on fire right now. unemployment rate down to 4% right now. back then, it was almost -- it was actually more than double that. it was 8.6%. inequality is one area where today's economy doesn't look as good, actually, as it did then. top 1% in 1989, which is as far back as we can go for these stats, the top 1% owned four times more wealth than the bottom 50%. today, the top 1% owns 12 times more. so the fact that inequality is getting worse certainly is not helping the mood of the economy right now....

Happens. for context, russia produces 10% of global demand, it could have the market be tighter. u.s. has increased the reliance on foreign oil, and the national average at 3.52, $0.98 higher than a year ago, here in california the highest in the nation, and today, 4.72. i asked people what they thought. >> in my opinion, highway robbery. >> i think it's highway robbery. i think it's just awful. >> they need to figure something out, it's not working out for anyone. >> anything to bring it down as long as it does not cost us elsewhere. >> in response, some democrats are floating the idea of a g...

Entire campaign criticizing secretary clinton for a few e-mails. i mean, it needs to be investigated not just by our committee, which it will, but by the justice department, these are very serious matters. >> we're having a little bit of a connection issue, but i'm going to try to squeeze in one more question about the economy here with the national average for a gallon of regular gas is what, $3.52, as prices remaining high, there's some democratic lawmakers who want that federal gas tax holiday through the end of this year, through 2022. do you agree with that and i'm wondering how big of an...

Policies are why we're here. >> we need to be ramping up and ramming up right now. >> reporter: through its lobbyist, the fossil fuel industry also called for ramming up production to ease americans' pain at the pump. >> the most important thing we can do right now is focus on increasing supply. but audio from several fossil fuel companies called are in stark contrast to those public comments. instead companies pledged to higher dividends and stock buybacks as americans were hit with soaring gas prices. >> it's uniquely prioritizes our shareholders as the first call on the generation, not th...

Prices across the country. national average is 3.$67. a month ago it was $3.52. that is nothing compared to someplaces in california. gas prices in the golden state have gone up every day for the past month, reaching an average of $4.22 a gallon. stuart varney, host of "varney & company" on the fox business network. stuart, good morning to you on this easter monday. it smells that time of year. what is going on? >> it smells like $4 gasoline as a national afterrage is a distinct possibility this summer. you pointed out a surge in gasoline prices. the price of gas regular has gone up almost ove...