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Bulls & Bears

Which candidate has the best jobs plan?

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New Focus on Jobs as New Hampshire Primary Race Closes In

John Layfield: Well, I'm not a big fan of the republican's front runners, but if you're going to go with one party or the other, look, the democrats have already said, the ones running, they're going to go after cooperate America. And when you talk about these job numbers, the middle class is absolutely disappeared. Going after corporate America with cap expending the lowest in five years is not going to help very much. If the job picture is that great, why is GDP continuing to slide downward? Adding jobs is fantastic, remember, the middle class is destroyed. 9 million Jobs added under president Obama, we've added two people for every job added goes on food stamps. 51 percent of Americans are making under $30,000 a year, 74 percent under $54,000 a year.

Suzy Welch: I love this question, currently no candidate has claimed the jobs issue the way we need one candidate to do it or one party to do it. The GOP, all those candidates are obsessed, rightfully, with homeland security, and the democrats are fighting over who will punish corporate America. And the irony is jobs are the answer so both parties, jobs equal a strong, healthy America. There's no candidate when you look at him or her and say, job growth. Let's put the democrats aside, they are such regulation junkies. Republicans get that, maybe trump knows the most about creating jobs, he's the only candidate job whose done so, also Carly, and senators generally don't have to clue about job creations and that leaves the governors. Somebody needs to fill this vacuum. They really need to fill this vacuum and jump in and talk about job growth.

Mark Hannah: Look the Republican Party is philosophically opposed to the government getting involved in the economy. They want to deregulate, they want to pull back, there's some goofy proposals being put forward about abolishing the IRS and they're wildly popular, but republicans don't have a serious plan. Hillary Clinton put together a five year $275 billion plan to get manufacturing back on track. To rebuild America's infrastructure, those create manufacturing jobs, good jobs, pay typically 8 percent to 20 percent more than those that bar tending or, you know, table-waiting jobs that you mentioned.

Jonas Max Ferris: You can't magically build out manufacturing with government policy. Look, the democrats, I'm going to disagree, I would say Bernie. Bernie Sanders wants to transition to go European-style economy, single payers, you offer free education to everybody, you're going to create jobs. I'm not saying it's a good economic policy, but that will create more jobs than Hillary Clinton's.

Gary B. Smith: A couple points in review, Mark said that the Republicans had no serious plans, my gosh, all you need to go to is tedcruz.org. Marco Rubio's website, there's plenty of plans to grow the economy. Mark seems to think, sorry, the left seems to think that growing the government is a good idea. Look, I'm not, honestly, Gerri, to go through all these plans and dissect them. Just reading through Ted Cruz's tax plan was mind boggling. I went to the tax foundation; they ran through all the plans and all the economic numbers. On the left side, they looked at a number of different factors. Ten year GDP growth for every Republican candidate was positive. For both Sanders and Clinton, it was negative. Same with job growth. Negative under anyone on the left, positive under anyone on the right. Wage growth, negative under both sanders and Clinton. So look, the Tax Foundation, all they're interested in is what is going to be the effect of their economic policy on the economy, on jobs, on wages and things like that. It's decidedly skewed toward the Republicans. If you have some kind of, you know, faith that the government's going to do it, it just doesn't add up to what the numbers say.  

President Obama Proposing $10 Tax on Every Barrel of Oil

Suzy Welch: Well, you know how in the movie, "the villain" puts the pillow over the face to move the patient who is dying to move them along. He's trying to kill off oil which is struggling to put it mildly and the agenda is environmental. He's never been secret about that. But the bigger question of whether this will affect consumers. Not immediately, as we know, the consumers are not registering the savings they've been getting. Because it hasn't been enough. But I think if we're going to be alarmed by this proposal, and we should be alarmed by this proposal. It has to be about something bigger, how are we going to replace the thousands of good jobs, high-paying jobs that will vanish because solar and wind aren't going to do that. That's the worry to the consumer down the road.   

John Layfield: Yeah, at a point where consumers are being stretched right now. The problem is where does this money go? If this money went towards a D.C. super grid like we need to upgrade our grid, they would create some jobs that would lost in the oil field that Suzy talked about, the problem is you cannot trust congress with money, look at the gas tax, it went to Medicaid, Medicare, it's been used for education, 1990, congress took half of it. 1993 They did it again; they said were going to use it for education in the south, but it went to general funds. This money will not go where it's supposed to go and attacked that'll be there permanently.

Mark Hannah: Let's establish it's not a tax on consumer, it's a tax on oil companies. Or, maybe one or two oil companies will absorb this cost as part of doing business. Or, I'm going to blow the minds of everybody here, maybe they'll just cut into their grotesque profits a little bit. I'm telling you, if one company does that and keeps the price of gas low, there's going to be competitive pressure.

Jonas Max Ferris: If the profits were so grotesque, they wouldn't be default on the debt right now. It's not a lucrative business to be in. The tax is not going to pass on to the consumers that's absurd. What I want to say, this is a brave policy, any politician can say, oh remember when Hillary Clinton said let's get rid of the gas tax for a while, that is a policy. Doing this, raising money this way, you remove all the moronic policies like the miles per gallon and incentives for solar, we wouldn't need any of that. Have a simple tax that's easy to collect that raises the prices of energy and get rid of the bureaucracy. That's a good way.     

Gary B. Smith: Asking a liberal if he's in favor of a tax is like asking a golden retriever if they want another tennis ball thrown at them. I mean for crying out loud, they love spending another people's money because they think they're so smart they can spend it better than us. Second to your point, you know, Suzy said it would be like putting a pillow over the face of oil companies, or like the face of the consumer out there. 25 cents, you know that'll be there in perpetuity only to be added to. What do we do when they're back at $4 a gallon, oh well, you know, what do we care?

Border Agent: We Might As Well Abolish Our Immigration Laws Altogether

Gary B. Smith: We're on the cusp of World War III, instead of shoring up our borders and figuring out what to do, we're basically putting the sign out there saying, welcome ISIS, please come and destroy us. It's a travesty, and I blame it squarely on this administration.

Suzy Welch: I feel like we're in a holding pattern. Absolutely something has to be done, but we're in a holding pattern until we find out the next four years. If its Democrats again, welcome, everybody, and let's just hope again that somebody nefarious doesn't come through the border.

John Layfield: Every president since Reagan has said the same thing, they're going to fix the border and deal with them, but nobody has been successful on doing both. You can call it a kumbaya moment, but we need congress to enact a full immigration reform, otherwise, we'll never deal with it.

Jonas Max Ferris: I think the keyword was tracking. Bureaucracy and kicking people out, if we just track people technology is there to start doing that. It wouldn't matter where they were, as long as we knew they weren't getting benefits, as long as anybody with a visa or tourist, we know where they are, how long they're here, we could get a rid of a lot of the costly ways of getting rid of them.

Mark Hannah: Immigration laws are completely broken. Congress has an obligation to fix them and federal government establishes immigration policy, Congress passes laws, so these, with any direction from Congress, these poor border agents don't know what they're doing. At least Marco Rubio has tried to be part of a solution. I don't see any other serious immigration proposals coming out of the candidates.

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Gary B Smith: (PEP) Pepsi 20 percent gains in 1 year

John Layfield: (AMZN) Amazon up 20 percent in 1 year

Jonas Max Ferris: (TJX) TJMAXX up 15 percent in 1 year