DISCLAIMER: THE FOLLOWING "Cost of Freedom Recap" CONTAINS STRONG OPINIONS WHICH ARE NOT A REFLECTION OF THE OPINIONS OF FOX NEWS AND SHOULD NOT BE RELIED UPON AS INVESTMENT ADVICE WHEN MAKING PERSONAL INVESTMENT DECISIONS. IT IS FOX NEWS' POLICY THAT CONTRIBUTORS DISCLOSE POSITIONS THEY HOLD IN STOCKS THEY DISCUSS, THOUGH POSITIONS MAY CHANGE. READERS OF "Cost of Freedom Recap" MUST TAKE RESPONSIBILITY FOR THEIR OWN INVESTMENT DECISIONS.
Which Presidential Candidate Has the Best Plan For Jobs?
Lisa Boothe: Donald Trump, well he's a business guy. This should be the single biggest issue for Donald Trump. The problem for Hillary Clinton is that she's been campaigning to basically be a third term for President Obama. What have we seen under the past eight years of President Obama. We have 94 million Americans out of the workforce. We're at a seven-year high for layoffs. So here are some results of President Obama's policies. Small businesses having to pay $11,000 per employee for regulatory cost.
Joe Lestingi: Yeah and one with many failed business ventures and have has often had to go into bankruptcy. So let's talk about that record. We're talking about economic growth for 67 months now we've seen jobs created in this country. And let's not forget even though there are still people looking for jobs it used to be a lot worse. So the economy has grown consistently since the Obama presidency has begun and now we're looking at layoffs. But yeah, layoffs are a sign of all economic booms. People have jobs, get laid off. But the good news is that there are more jobs out there. We've created a half a million jobs this year. That is something we should be proud of and that is why the economy may actually take a back step when we talk about the election this year. Are you better off than you were four years ago? And for most Americans the answer is yes.
Gary B. Smith: Clearly Donald Trump. Joe said basically oh my gosh it's all been great. That is because we have this aircraft carrier called the United States. It just managed to move forward. Of course some jobs are created. Jobs are created under every president. He talked about all his failures. But what he doesn't say is Donald Trump created a lot of jobs. A lot more than Hillary Clinton. They have run through the numbers of all the candidates and now it is winnowed down to Bernie Sanders, Hillary Clinton of course and Donald Trump. And look, they had Donald Trump coming in to answer the question specifically creating about 5.6 million jobs. How many jobs under Hillary Clinton? Zero. In fact losing 300,000 jobs. Why is that? Because Hillary Clinton wants to do things like have an alternative minimum tax on million dollar earners. She wants to raise the marginal tax rate to 43 percent. She has said nothing about reducing corporate taxes while Donald Trump wants to satisfy tax plan, lower taxes. Reduce corporate taxes. It all makes sense. I'm not sure Donald Trump or Hillary Clinton is the perfect candidate. But when it comes to creating jobs, Donald Trump easily has the trump card.
John Layfield: Yeah they cost $1.9 trillion last year to businesses and that is one of the problems. Look the Americans are not very happy with this economy. Look, Joe's numbers are right. He just didn't mention the other side. Which is what people do when they are partisan one way or the other. The truth lies somewhere in the middle. Yeah a lot of jobs have been created. Lowest labor force participation rate in four decades. The problem is -- and this is going to be about the economy. Make no mistake. This election like nearly every election will be about the economy. The average family since 1999 is making 4,000 less than they were at that time. And that is what you are feeling right now. We are at 5 percent unemployment. That is true. But if those jobs were replacing the jobs that were lost, if they were really that good, why is GDP at 0.5 percent? And the only answer is because these jobs are not as good as the jobs that were there. And Americans going forward, Donald Trump has at least a tax plan. I really like with small businesses and the regulation.
Jonas Max Ferris: Targeting jobs is not a great concept if you are in a recession. All the plans are going to create jobs for various reasons. In the short run they will all create jobs. I don't know if any of them are create long-term plans. All of a sudden the economy slows down and then you have problems. As for trump, he wants to build a wall. That is a straight up FDR project. It does create jobs in the short run more than any plan on the table right now and it comes right down to it. However his trade deal plan that could be executed well, it theoretically could bring some jobs back but it could just as easily backfire if it's done poorly and lead to less jobs.
Time for the Administration to Let ICE Do Its Job?
Gary B. Smith: I think what you want here is an organization that operates effectively. When I was doing my research I found that for the new director to redirect her suite and assistant's suite. They spent a hundred thousand dollars. There is a red flag right there. This organization operates just as in effectively as every other organization. Put a pause on bringing immigrants in like we talked about and wait till a new administration, some new people are in there that can do the job.
Lisa Boothe: If you are a taxpayer you have to be kind of concerned about this. Looks like ICE received about a billion in increased budget. The problem is we've seen fewer deportations. And the problem is that the administration's policy are so convoluted that officers have to carry around cards to figure out which illegal immigrant takes priority to be deported. And under president Obama's policies he's invited and enticed this kind of border surge that a U.S. customs official said is the new normal now.
Joe Lestingi: There are a lot of steps to this. This is been going in the country for almost 20 years now and the only answer to this is comprehensive immigration reform. We can't continue the catch and deport policy. It is not working. Even if we did increase deportation, they are coming back. And the other side, traffickers are finding ways to get around the systems and we've got to be able to adapt. It does more than just catch and deport. They have to do processing and they have to do investigation. And here is the number one focus they have. Get dangerous, undocumented workers out of this country. That is what they have got to do. There are also now in the as we saw in the early 2000s, more family, more children here that are U.S. citizens whether you like it or not. If and if you we're going to separate them from their parents, it is not going to happen. They get their due process as well. So we need comprehensive immigration reform to fix this issue.
John Layfield : Joe, I'm going to agree with you. I think you are a hundred percent right. We immigration formula but it's been longer than 20 years. And it's been terrible and continues to be to this day. Here is the problem I have with the deportations. When you talk about people that come across the border. I talk to a lot of border eighties about this specifically. If you have two guys come across and they are from a Middle Eastern country, they focus on those two guys. They will get them and they will deport them. If you have 50 that have come from Mexico or a Central American country, they give them a ticket and ask them to go to the courthouse. They just simply don't show up. So you have immigration focusing, but focusing just on those small groups they fear are part of ISIS.
Jonas Max Ferris: If you have holes in the wall at the cheese factory, you can't get mad at the cat for not catching enough mice to come through. That is what ICE is. You have to make the cheese harder to get and fix the holes in the wall. These people are coming because our economy is improving. They can get jobs here. Federal ID. Punish mirrors for hiring people. And you have to get rid of cash to it's hard to pay people illegally. And the cheese is gone.
Lawmakers Asking Federal Regulators to Investigate 'Spying Billboards'
Jonas Max Ferris: I particularly don't like the path and trend going on. It wasn't long ago when it was controversial for Google to do paid search ads that were targeting you are behavior. If you talked about what they are doing now when the Internet was getting going people would have said oh that's bizarre. And everyone's watching you when you walk into a store and -- this is going over board and they have to give the user more control.
John Layfield: No I understand these billboards are the dangerous. I heard they found Big Foot behind them. These conspiracy theories are great, but there is not a plesiosaurs in Loch Ness. Consumer research has been going on for years and this is no different.
Lisa Boothe: I find it creepy. And I don't like the fact that you can't opt out of it. That's my biggest concern.
Gary B. Smith: The upside is we can probably catch more bad guys this way. That's what I like about it.
Joe Lestingi: We do this -- we give away our information like it means nothing to us and companies are profiting from it. The problem is that we need to be able to opt out. Or we could do what we do in northern Virginia. Just ban billboards all together.
Gary B. Smith: (WMT) Wal Mart up 10 percent by the end of the year
John Layfield: (GM) up 20 percent in one year
Jonas Max Ferris: (BF-B) Browns Foreman up 15 percent in one year