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hoping to reel in buyers and confiden consumer confidence at a low. does that mean that the economy is already scrooged? hi, everyone, i'm he brenna buttner, this is bulls and bears, and we've got gary b smith, tobin smith. jonas max ferris and susan and larry. okay, larry, no deal on taxes and debt scrooging holiday sales and the economy? >> that's right, brenda, you know, i don't want to be the grinch here, but in a word we are scrooged. >> the grinch! >> very, very optimistic expectations and an outlook for retail sales that was very rosie and those optimistic expectations have fa...

0 agency that republicans and democrats agree to be the ultimate authority is the congressional budget office. they looked at this question and they found that raising the top, the rates on the top 2% will have virtually no impact on gdp and virtually no impact on job formation, the republicans in congress didn't like that study. so they asked the crs. congressional research service to review the data and come up with conclusions and guess what, they looked at this and said the same thing, almost no impact on job creation, no impact on gdp formation, almost all of the economists seem to be una...

this for the past four years and seen government expand over and over again and now the same composition in the congress as well as the white house, what are we looking at. obamacare, dodd frank and heavy costs, companies will not hire. >> okay, stephan, do you agree? >> i agree partially. we should be concerned about government growing out of control. first of all, government through quite a lot during the bush years and we had pretty robust private employment expansion and the government has some down significantly, the tax policy center took a look at this. pops up to 30%, i ackno...

0 expander he's been described as. >> a lot of jobs at the state and local level, but jonas, what do you think it means for the labor market? >> i think for the the labor markets, if you define success as a low unemployment rate, the government actually can deliver that in some cases and i don't think it is a good measure of success. we are going to come back and four years, now that unemployment is 6% then big government works well. that's not a conclusion you should draw. if you look at japanese they've been running some sort of fiscal stimulus for 20 years now and unemployment rate under 5%...

lawyers for sandusky say they plan to appeal. now for an extreme weather alert for you because the gulf coast is bracing for heavy wind and rain as the tropical storm system is swirling in the gulf of mexico. debbie is her name. and she'll be the fourth named storm of the atlantic hurricane season. for more on that, let's go to maria in the extreme weather center. what do we know? >> good morning. good to see you. it's not named debbie just yet. it's an area of low pressure, showers and thunderstorms across the gulf of mexico so the center of the storm system is still over open water...