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Already donald trump exploding it, exploding it to $782 billion. do voters in the places that you're talking to, do they know that? does that matter? does the deficit and tax bill hurt or help donald trump and the republicans tuesday? >> he's learned that the more often he tells the lie, the more believable it becomes. and i think that -- no, i don't think most people understand that. not much time is spent on television talking economics. it's boring television. so i think, yes, i think there is a lack of understanding of this. but as president obama said yesterday, his last 21 months, there ...

With all the growth plan. already donald trump exploding it to $782 billion. do voters in the places thaw are ta talking to, do they know that matters and does the deficit hurt or help donald trump and the republicans tuesday? >> he's learned that the more often he tells the lie, the more believable it becomes. i think -- i don't think most people understand that. not much time is spent on television talking economics. it's boring television. i think there is a lack of understanding of this, but as president obama said yesterday, his last 21 months there was much more job growth than in the 20...

Basically a near financial collapse. this is someone who is inheriting a race car that was moving along with ten laps to go and he changed the tires and he's claiming that he's mario andretti. the problem is, though, to the extent that they might do well, it will be because of these games they play, the shenanigans, redistricting and that one number, it's the only number in his favor. it's not true in the sense that you have everyone thinking that their 401(k) has gone up 100%. people don't even have money in the market. >> or in the bank. 40% of americans can't cover a $400 expense. >> the to...

>> trump has taken a lot of flak for talking about jobs when it comes to this disappearance and it is somewhat grotesque to sort of nakedly calculate the cost of a human life. he's not the first president to do it but the first to do it openly. but we also have to sort of be grown-ups about this and recognize that, you know, your and my state of connecticut, for example, directly benefits from these arms deals. you know, connecticut took in, connecticut companies received $23 billion in defense contracts, just last year, between 2017. the state got over $182 billion in defense contracts. i don...

Picture. despite economic growth, the budget deficit rose from 6$666 billion to $782 billion. it is the third con sesecutive increase since federal revenue essentially flat lined. tax revenue fell some 31% as companies took advantage of the new lower tax rates. government spending increased by an estimated 3%. let's turn to business for a moment. global markets were dragged down by china as the ongoing trade fight with the u.s. continues to stall its economy. what is the latest? >> so the chinese central bank has cut the reserve requirement ratio for its banks. this ratio is intended to inje...