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Voters in all of the states i've been visiting, which is at the end of the day democrats really do want someone who can beat donald trump and the polling continues to show that biden has the broadest path to doing that. >> all right. garrett, thanks very much. garrett haake in des moines, iowa. with signs of an economic slowdown on the horizon, a new word the trump administration is considering yet another way to boost the economy. on monday "the washington post" reported that the white house was considering cutting payroll tax to temporarily increase americans' take home pay and in turn goo...

Investor, short seller, very bearish on china, said he cannot believe people are complaining their nikes produced in china will cost more this christmas. we should care more about national security. this isn't about people complaining about their nikes costing more. they're complaining because the president's economic adviser peter navarro argued this week this is not going to affect the american consumer and the president has been arguing that all along. >> intellectual honesty would be to say this will affect -- >> correct. >> if you want to get away from unfair, low labor practices, sneaker...

Afloat and keep expansions going long. >> you make an interesting point. the average time between recessions, i think we got a different graphic that shows the time between recessions. >> do we have that? >> bottom line is -- let me get to that. so this is the time between recession, right? you can see that this one is uniquely long. the last time we had such a stretch between recessions was in the '90s. it was a few months longer than this one. recessions come and go. >> without a doubt. >> the distinction is how bad you can make a recession or how you can prevent damage. what's happening now...

Who does win out of this? the only positive is you benefit from low interest rates. if you are on a fixed income, you don't. who gains from this? if you need a mortgage, it is not bad, i guess. >> lower interest rates are certainly good for borrowers or whether you are buying a house or a car. some countries in southeast asia benefit when supply chain gets moved from china to indonesia or vietnam, that sort of thing. mostly the entire world is a loser. this is what economists have known about trade expansions for a long type. it tends to benefit everyone and although it has concentrated cost o...

What it would take to remove or halt them, only saying, quote, it will be at our discretion on an ad hoc basis. chuck grassley condemned the move saying in a statement trade policy and border security are separate issues. this is a misuse of presidential tariff authority and counter to congressional intent. he said that the tariff threat would seriously jeopardize passage of the revised north american free trade agreement and, quote, i support nearly every one of president trump's immigration policies, but this is not one of them. that, again, is from republican chuck grassley. let's bring i...