Vimarsana
Biggest News Aggregation in the World

John On This News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Stay updated with breaking news from John On This. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.

Top News In John On This Today - Breaking & Trending Today

Detailed text transcripts for TV channel - MSNBC - 20171123:17:27:00 - Vimarsana News

Detailed text transcripts for TV channel - MSNBC - 20171123:17:27:00

Are going to feel flushed and everybody's going to feel flushed and people are going to spend, that's what dynamic scoring is. it's taking into account the actual effects, not just medical effects. john, i want to get back to you you had a conversation with lamar alexander, had hope something would be done about health care until the president squashed that. you had a chat with him about the president. let's listen. >> the president says things and does things that i don't approve of. >> is he dangerous? >> i'm not going to sit here and say he's a dangerous man. he's a man that the american pe...

Detailed text transcripts for TV channel - MSNBC - 20171123:17:24:00 - Vimarsana News

Detailed text transcripts for TV channel - MSNBC - 20171123:17:24:00

And that would be good to do. but disbelieve anyone who tells you they can double the growth rate or anything crazy like that. >> yeah. so, john, let me ask you that about the growth rate. because we want to get there, but i think every president no matter what party you're from would like to have low unemployment, good stock market and high growth. this isn't partisan. in other words, if it were easy to do, lots of people would have done it. it is certainly easier to achieve these bumps in growth when certain things happen over time. when one goes to war for instance, or we're building the in...

Detailed text transcripts for TV channel - MSNBC - 20171123:17:20:00 - Vimarsana News

Detailed text transcripts for TV channel - MSNBC - 20171123:17:20:00

That doesn't make any sense. >> so, john, help me make sense of that. because, again, there's no reason why we shouldn't want companies to make money. but there's an expectation amongst people who work for a living that this kind -- and relatively good growth and interest rates are low and corporate profitability is so high, we haven't seen the same pattern with wages for many years. we've seen small, slow growth. so if you're in the vast middle of wage earners, you're not sharing in this remarkably successful corporate environment that we've had. >> that's right. and it begs the question of i...

Detailed text transcripts for TV channel - MSNBC - 20171123:17:26:00 - Vimarsana News

Detailed text transcripts for TV channel - MSNBC - 20171123:17:26:00

2018. but that's the only year of 3% growth, those longer term trends kick in after that. so even under the tax plan the strongest advocates say it will produce growth in the 2% range jared was talking about. >> and john said this earlier, i want to underscore it, he's quoting the tax foundation. they are the most kind of optimistic about this dynamic scoring of the tax plan. their model, i consider it to be pretty juiced relative to some more standard issue models. so we don't have the cbo or the jct, the more standard scores yet, but we do have the tax policy center and the wharton school dy...

Detailed text transcripts for TV channel - MSNBC - 20171123:17:17:00 - Vimarsana News

Detailed text transcripts for TV channel - MSNBC - 20171123:17:17:00

Stuff. and i appreciate that, and i'm thankful that you guys are around for us. again, i'm making an effort today to make things political just to try to explain a few things. john, a number of people have implied that this very strong stock market that we're in, again setting records this past week, is strong in part because it's counting on congress to pass this tax bill in order to keep the good times rolling. give me your thoughts on that. >> first of all, i want to clarify one thing, ali, are you saying you're not thankful for congress? >> i'm very thankful for congress. what would i talk...