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Dockworkers refuse to cross the picket lines. it has affected two cargo ships but if it continues losses could pileup quickly. they handled $273 billion in cargo last year. not a lot moving there right now. bill: power lunch at the white house, president obama having governor romney over for lunch. with all the drama and nail biting over that looming fiscal avalanche can we expect anything big to come out of it? doug schoen former adviser to bill clinton. monica crowley, fox news contributor. i it's the thing to do. you get a call. >> president obama has a pattern of inviting political opponen...

Right thing to do, right thing for economy. speaking of small businesses, not only is the tax with small businesses we got through a couple of weeks watching the supreme court uphold the employer mandate. meaning that the small businesses with 50 employees or less, they don't have to cover their eloyees. they can dump employs in exchanges. if you have 53 employees what are you going to do? you are going to fire three, four employees? not going to hire. if you don't, you get hit with $2,000 penalty. small businesses are getting stuck. >> eric: small business, how in the world can president obam...

And over he said it's the right thing to do, right thing for economy. speaking of small businesses, not only is the tax with small businesses we got through a couple of weeks watching the supreme court uphold the employer mandate. meaning that the small businesses with 50 employees or less, they don't have to cover their employees. they can dump employs in exchanges. if you have 53 employees what are you going to do? you are going to fire three, four employees? not going to hire. if you don't, you get hit with $2,000 penalty. small businesses are getting stuck. >> eric: small business, how in ...

In 2009. now, american officials believe that balancing their trade deficit with china would go some way to closing that gap. last year the u.s. bought $273 billion more from china than it sold here represented by this jump. that's a 20% jump from 2009, but it narrows -- it's also more from the record trade deficit of $268 billion set during the recession of 2008. and the u.s. also clear about what it wants to do to redress that balance. if you take a look at this -- we'll get that across there. a few problems here. okay. now, let's talk about the chinese currency. the u.s. accuses them of und...

The small business bill that passed the senate before they took off for an early recess, saying tax cuts are the way to go. plenty of economists say there's not good jobs bang for the buck through tax cuts. look, this is a winning strategy for them so far, if the polls are to be believed, the recent polishes the generic backup to a winding margin, nbc last month had it at 3%. so it's fluctuated, but republicans obviously still have the upper hand as a bleak political landscape for democrats with just, what, four weeks to go. >> good to talk to you today. analysts say companies are re reticen...