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The deductions and incentivizes and then won't be hard to take away from us four or eight years from now. >> lee, you study consumer behavior and how people react. and actually boost in confidence can lead to a better economy because people act on that better feeling. >> that's right. we've seen it happening with the stock market rally, we've seen spending go up. one of the things that donald trump is going to do is he's going to do a lot of things that are quick wins. is he going to go in and make tax reform right away or put forth a tax proposal and start doing the things he promised to do o...

I'm in favor of a flat tax, make it simple as jonas and john alluded to. i think it sends a signal, make it a 20% tax rate across the board or even 10% across the board, shrink government for crying out loud and let the people spend their own money. >> jehmu, do you want to respond? >> i'm looking at his history and the facts and since 1950 -- >> give me under a president where that worked. >> -- have not guaranteed higher economic growth. >> nothing guarantees it. >> certainly under the bush tax cuts we saw some of the weakest economic growth out there. and this is since 1950 -- >> that was n...

Quite rightly so on optimism that donald trump is looking out for america. he's going to do the right things economically, foreign policy. but economically i think there's still a few gotchas for most people out there. look, we have median household income that's still -- inflation adjusted still lower than it was in 1998, dagen, it's lower than it was in 2007. we have a labor force participation that continues to decline. just a couple years ago was 66%. now it's barely -- just a little bit below 63%. so there's people out there that don't have a job and still they feel, my gosh, i can't keep...

To be? it is going to be this horrible sky scape of noise and minihelicopters. they better crack down on this and figure out a way that doesn't just ban technology to promote a world we can all live in. >> gary b. >> jonas needs to go into a fallout shelter somewhere and just stay there. look, with progress sometimes comes missteps. look, we would never have built the hoover dam if we were afraid of people dying, 100 people died building the hoover dam. we built the empire state building, a plane crashed into it as people thought it might because it was foggy. with great innovation sometimes c...

Being taken seriously, a lot of people think this is just politics. obama once again didn't sell why he's doing this. there's no bigger narrative than he was interfering with the elections when we have a bigger problem with russia than just this. so i fear that people don't understand the full narrative, people don't understand all that has gone into investigations on this. don't really know what the facts are right now. so it seems, i think very, very fishy to a lot of people that 20 days before he goes out of office this is what we're doing. >> jonas, hit him where the money is, hit him wher...