 We can keep it like this. We're gonna win a lot of elections that I can tell you It's something now. It's something It's the economy stupid. Did you ever hear that one? It's the economy It is indeed All right, the president choosing a Pennsylvania venue to grow about tax cuts that are sort of like the gift It keeps giving even beyond some of his wildest expectations signs now that Apple is Crediting the tax cut for what will be a big investment in this country tens of billions of dollars or 350 billion We're told over ten years and an upfront payment the United States Treasury of $35 billion in taxes as it brings home a lot of that loot abroad Democratic strategist grits. He's also along with market watchers Gary kelp on and Melissa Armo Melissa, what do you think up? He is saying that this is the trend That's the friend and that it's going to be remembered as happening under a Republican watch you say Well, thanks for having me now Here's the thing people forget that it's not just the fact that the market is bullish The market is doing something very unique. In fact for our viewers the market has never ever before Power trended up. There's a difference between a rally and a bullish market and a power trend And let me give you an example what I mean in eight trading days the Dow hit over 25,000 and then went over 26,000 that my friends is a power trend and it's a little bit Also be called a melt-up some people worry about that and it's always your your position where you look at it But Gary the what the president is saying is that unlike an AP story that seems to conclude This is all on Barack Obama. My immediate impression was why can't we credit both? I mean the bull market began on nine years ago in the after a couple of months of Barack Obama It continues right now under Donald Trump. Why can't they each take about? Under Obama the market was very strong for eight years. I give him the credit I don't give him much credit on the economy for me It was subpar and I must tell you that the left basically Blame George Bush's recession on subpar now they try to take credit for me. It's very simple We have changed the structure of how government looks at business Starting when Trump became president and it's not just the numbers you hear It's what you're hearing from people and how they feel and you're seeing it And this Apple thing was the cherry on top of the whipped cream on top of the cake and I can promise you We're gonna now see a domino effect. It's not just gonna be Apple I think you're gonna see probably 2003,000 more companies over the next year or two doing the same thing Chrissy that could obviously keep a market rally going but that could go a long way to keep, you know an economic recovery going What do you think? I hope that it does as as your other panelists have noted We had eight strong years of stock market and economy under President Obama That has continued somewhat under President Trump, but we actually saw in 2017 2017 we actually saw fewer jobs created than we had in the five previous years right all of which were obviously under President Obama So I'm not discounting there has been job growth. There's been a positive economy Look, I'm happy to see the stock market doing well, but I think it's necessary to take some, you know Procautions as well, which is that three percent growth. I mean for the entire year that wouldn't be too shabby It would not be too shabby again I did the problem is that President Trump wants to say unlike past presidents That would credit the American people or business or you know the economy is complex President Trump likes to say I alone can fix it Dearly, but I never said Wait, wait, wait, wait, we didn't build it remember you said you didn't build it. Let's say I beg you to stop Okay, this Barack Obama by Barack Obama quoting Barack Obama of a short time ago look at this. Yes We saw the US economy grow Consistently we saw the longest streak of job creation in American history by far a streak that still continues by the way Thanks Obama Okay, so that was last month, but you know what I'm saying Melissa here. I always think with this stuff We blame presidents when the economy tanks we might as well give them about when it goes their way You might credit the Federal Reserve. You might credit other factors I think both President Trump and President Obama could take a bow to this and who's to the grudge just making money What do you say Melissa here? I'm gonna say something make everybody here happy today The thing is that no one president actually can take credit for the growth of the economy It's the policies that any president puts in place that can take That's right, so it's business owners like small business owners like me big businesses like Fox and all of those people working people We are the ones that move the economy people that buy goods and services So the fact not according to Donald Trump right again when the unemployment rate when it was you know under 5% under President Obama That was a fake rate. It was obviously a fiction now that it's also, you know four and a half percent now under him It's very very real You're not market watch who's that tries not to be read or blow about this a lot of people are making a lot of money over the last Nine years of this bull market. Do you see a continuum? I Think right now yes, and as I've said for a long time the biggest worry Longer term is this massive debt that continues to grow that is a headwind for the economy and could cause trouble down the road But I really do believe we have changed the structure to pro Business we are seeing lower taxes less regulations mandates going by the wayside that is good news And when you speak to CEOs when you speak to business owners, they are happy about what they're seeing Hopefully it continues. All right field of love the bipartisan love guys. I want to thank you all very much There was a little wrinkle in this today in the prospect of the government shutting down if even for a short time Why Kentucky Republican senator Rand Paul? Was okay with that because this was even worse what they're debating now. He's next