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Does nothing to encourage new investment. >> "new york times," likely to increase inequality in america. does that track with your reporting? >> every single income group would get a tax cut and percentage basis, lower income households get a greater percentage. but dollar basis, so much more to the wealthier households. could make the argument increases inequality. republicans fire back, businesses have incentive to raise wages but lot of businesses say they're going to give out dividends instead of pay increases. >> you put math into english and it's helpful. could have used you in school. s...

Most importants not what low oil priceless do to the economy, what they're telling us about the future of the economy. that is, the overall economic growth could be much lower in 2015 than people think. in fact, i think gdp on a nominal basis could be lowered globally next year than in 2014. >> steve, one thing that's lower, at the end of the week they got a boost with the market, but energy stocks are way down over the past year. >> well, they are. and this decline in oil was coupled as it was in the 1980s with tax cuts and other positive things that reagan put in, we could see this economy o...

>> that's what happened with the ai all kind of the same and suddenly it's even steven again. >> you've got a bunch of cards in your wallet and feel really special, here i am and it is rather silly and the other thing is it really rewards the people who are the spenders. there's another important part of the customer base and that's the senders, the influencers who maybe don't spend as much money with you, but they tell everybody that they know. >> connectors. >> and they are a very important part of your customer base that you want to make sure absolutely loves you and is doing all the things...

International ant research. >> love that one. >> that's a good one. >> we're getting to the good ones. $308 million for a joint clean energy venture with british petroleum. does that kind of burn you? number one, this is my favorite. $554,000 for the forest service to replace windows in a closed visitors center in mount st. helen. ladies and gentlemen, that's the top five. those are my favorite. how geitner or anyone in the government can defend that is totally beyond me. >> well, you know, jonas max-ferris. >> jonas might be able to -- you tell me. is this ok? >> i will defend it. i'll tell y...

Medicaid. >> it's never going to happen, isn't it? the assumption is you can cut a half trillion out of medicare. medicare recipients vote. you think they're going to allow that? that's out of the question. >> if it was fraud 99.9% would be in favor of cutting that amount of fraud. that remains to be seen. here's how they're going to pay for it, they'll start taxing everybody first before any of the so-called benefits kick in. >> yes. how can you have most people's premiums go down if you're taxing the private health insurers, you're taxing the drug makers, you're taxing the medical device mak...