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>> so, are promises of massive tax hikes, taxing the jobs market? hi, everyone, i'm brenda buttner, this is bulls and bears, here they are, bulls and bears this week, gary b smith, tobin smith, jonas max ferris, along with julian epstein and larry, talk about future tax hikes, holding back a jobs recovery? >> that's right, that's right, brenda. well, you know, certainly for consumers that are work being that have 401(k) plans they may be feeling more confident these days, but their employers don't share the optimism. they're worried what's ahead and what's ahead are future tax increa...

jonas max ferris. and welcome everybody. gary b, is economic patriotism exactly what the economy needs? >> well, not this version of economic patriotism. you know, i think this plan is going to do a lot more harm than good, brenda, especially to the country's bottom line. look, i went through the plan, obama's plan. i went through his tv commercial, three things jumped out that just didn't make any sense, one, he wants to-- one, he wants to cut tax breaks or companies that outsource. when companies outsource the net effect is to create more jobs that were here. people were able to bu...

brenda and we know that's going to cost millions and millions of dollars, but that's not how the economy works. >> gary b, it's spending more, what does that do to the debt? >> well, brenda, he tries to get up, up, up. when i went to work for ibm 30-odd years ago, the government didn't teach me how computers work. bem caught me. rockefeller's oil company taught people how to drill for oil and gas and the third thing that strikes me that's not going to work. he wants to double manufacturing jobs, increase manufacturing jobs, that's fine, but why does the manufacturing get the benefit ...

smith. jonas max ferris. and welcome everybody. gary b, is economic patriotism exactly what the economy needs? >> well, not this version of economic patriotism. you know, i think this plan is going to do a lot more harm than good, brenda, especially to the country's bottom line. look, i went through the plan, obama's plan. i went through his tv commercial, three things jumped out that just didn't make any sense, one, he wants to-- one, he wants to cut tax breaks or companies that outsource. when companies outsource the net effect is to create more jobs that were here. people were abl...

0 millions of dollars, but that's not how the economy works. >> gary b, it's spending more, what does that do to the debt? >> well, brenda, he tries to get up, up, up. when i went to work for ibm 30-odd years ago, the government didn't teach me how computers work. bem caught me. rockefeller's oil company taught people how to drill for oil and gas and the third thing that strikes me that's not going to work. he wants to double manufacturing jobs, increase manufacturing jobs, that's fine, but why does the manufacturing get the benefit of government largest, why not the financial sector, oil and ...