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Mark interviews economist Steve Moore. · The Mark Simone Show

• 0:00
  Speaker 1: Economist Steve Moore also runs the Committee to Unleashed Prosperity.
• 0:05
  Speaker 1: You should get there daily briefing. It's the best news
• 0:07
  Speaker 1: and analysis. You'll sound really smart, you'll be really well informed.
• 0:11
  Speaker 1: It's free, it'll come right to your email. Just go
• 0:13
  Speaker 1: sign up. Go to Unleash Prosperity dot com and sign
• 0:17
  Speaker 1: up for the hotline Unleash Prosperity dot com. Steve Moore,
• 0:21
  Speaker 1: how you doing?
• 0:23
  Speaker 2: Uh? Feeling good about things? Mark? After that great speech
• 0:26
  Speaker 2: the President gave, really celebrating the victories that he's had
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  Speaker 2: in his first thirteen months in office, and economy's riding high.
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  Speaker 1: Now, yeah, and those Democrats, boy, they fell into every
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  Speaker 1: trap he said for them. A lot of TV commercials
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  Speaker 1: will come from that.
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  Speaker 2: Well, you know, now, we're not the party of the
• 0:44
  Speaker 2: illegal immigrants. So I mean, listen, I'm very pro immigrant,
• 0:48
  Speaker 2: as you know, and I think immigrants are so critical
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  Speaker 2: to our country. But what's so hard about saying, hey,
• 0:53
  Speaker 2: you got to come in the right way, you got
• 0:54
  Speaker 2: to wait your turn, your turn in line. That's the
• 0:57
  Speaker 2: way immigrants have always come into this country. And so
• 1:01
  Speaker 2: and I thought Trump really nailed them on that, you know,
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  Speaker 2: idea of the voter. I d for voting. I mean,
• 1:07
  Speaker 2: of course, you know you should be able to prove
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  Speaker 2: you're a citizen, proof that you're a legal resident of
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  Speaker 2: the country before you vote. I mean, come on, uh,
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  Speaker 2: And you know it's almost to me, it's almost racist
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  Speaker 2: for the oh well, you know these poor Hispanics and
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  Speaker 2: these poor minorities, you know they don't have an ID.
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  Speaker 2: It's like, what, come on, I tried to check into
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  Speaker 2: a hotel last night. I didn't have an ID with me,
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  Speaker 2: and they wouldn't let me in the hotel. You need
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  Speaker 2: an ID for respout everything, Why not voting?
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  Speaker 1: Wait a minute, you didn't have an ID with you.
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  Speaker 2: I you know what, I left my passport, which I
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  Speaker 2: leave is an idea at home accidentally, So I get
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  Speaker 2: to the hotel, they wouldn't let me in. So I
• 1:44
  Speaker 2: almost called you up and said, Mark, I'm in New York.
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  Speaker 1: Can you put me up to a suspicious guy like you.
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  Speaker 1: I wouldn't let you either. I don't know it's right.
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  Speaker 1: So that's the point.
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  Speaker 2: It's like everything you need a ID. You want to
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  Speaker 2: get on the airplane, you do want to use your
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  Speaker 2: credit card? You wanted to you know, check into hotel.
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  Speaker 2: Almost everything you need an id for. So who are
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  Speaker 2: these people who are? And Kim Hiller said, forty percent
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  Speaker 2: of Americans don't have ideas. What is she talking.
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  Speaker 1: Is the you're right, you know, it's the most racist
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  Speaker 1: thing you could say that poor people, minorities, they don't
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  Speaker 1: know how to get an idea. That's absolutely insane.
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  Speaker 2: Yeah, so someone like us said that, they know you're racist,
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  Speaker 2: but when they say it, no, they're defending me at
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  Speaker 2: the lonc of Films. But anyway, I thought, I love
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  Speaker 2: what Trump is doing on the economy. We have a
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  Speaker 2: new study. Oh by the way, did you hear one
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  Speaker 2: of his first lines that Trump used in that speech?
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  Speaker 2: You may recall he said I've proven twenty two Nobel
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  Speaker 2: economists wrong. I don't know if you remember when he
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  Speaker 2: said that, but guess who gave him that line?
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  Speaker 1: I guess I know you've been saying that all on but.
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  Speaker 2: He yes, Yeah, that was good. That's a good line,
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  Speaker 2: and it happens to me true all the Nobel You
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  Speaker 2: remember this mark when he was elect Oh my god,
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  Speaker 2: we have a great depression. That's gonna be the biggest
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  Speaker 2: stock sellouf ever. Inflation is going through the roof wrong, wrong,
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  Speaker 2: long long, long, and these are the Nobel Prize winners.
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  Speaker 1: How did these guys get jobs? You know, like a
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  Speaker 1: Paul Krugman. For years, everything you said was wrong. You
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  Speaker 1: know what, doesn't the employer at some point say this
• 3:12
  Speaker 1: guy's always wrong. Let's get somebody else.
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  Speaker 2: Well, if you were in the private sector, and let's
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  Speaker 2: say you were an economus for Goldman sax or something,
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  Speaker 2: you would you would be fired. But if you're at
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  Speaker 2: a university, it doesn't matter how many times you're wrong,
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  Speaker 2: as long as you're you're attacking Donald Trump, you've got tenure.
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  Speaker 1: Hey, you know the state of the Union. You know
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  Speaker 1: who had a hard time with it. The fact checkers.
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  Speaker 1: They really couldn't get anything on them, could they.
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  Speaker 2: They really couldn't. And I mean the patch cut has
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  Speaker 2: been big and has been beautiful, and people you know,
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  Speaker 2: used to come up to me at the end of
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  Speaker 2: last year and they'd be young that, Hey, Steve Moore,
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  Speaker 2: where's that patch cut? You know, you said that Trump
• 3:47
  Speaker 2: was going to get it, and then I said, just wait, it's.
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  Speaker 1: Coming, you know.
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  Speaker 2: So now people are really seeing it in their paychecks.
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  Speaker 2: The average family will see about two thousand dollars less
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  Speaker 2: money with drawn from their paycheck by the IRS than
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  Speaker 2: they did last year because they're the big beautiful bill. Plus,
• 4:01
  Speaker 2: you've got a friend, Larry Tubler says, we've got an
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  Speaker 2: investment boom going on in this country by businesses. Why
• 4:06
  Speaker 2: is that, Oh, because we cut the tax rate on investing.
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  Speaker 2: And you know who would have thought that if you
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  Speaker 2: cut the tax on something, you get more of it.
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  Speaker 1: Yeah. Hey, Steve Moore, explain something about tariffs. If you've
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  Speaker 1: got enough tariff revenue, you could really bring down income
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  Speaker 1: tax or even eliminated. Is that possible?
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  Speaker 2: It is? In fact, I talk about that in our
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  Speaker 2: hotline that came out this this morning. So everybody should
• 4:29
  Speaker 2: get that. Just go to on leash pros Thority dot
• 4:30
  Speaker 2: com and sign up for free. And that was one
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  Speaker 2: of our points is, you know, the left lap Trump
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  Speaker 2: things we can get rid of the income tax. That
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  Speaker 2: could never work. It's inconceivable. I'm like, well, wait a minute,
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  Speaker 2: you know, are these people stupid? It was for the
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  Speaker 2: first one hundred and twenty five years of this country, Mark,
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  Speaker 2: we didn't have an income tax and we did just fine,
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  Speaker 2: as I recall, you know, and so if we could
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  Speaker 2: we could do this with an eighteen percent national sales
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  Speaker 2: tax and an eighteen percent tariff we could replace. We
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  Speaker 2: could have zero income personal income text, zero capital game tax,
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  Speaker 2: zero tough tax, zero div tax, zero corporate tax. I mean,
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  Speaker 2: can you imagine what that would do for our economy?
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  Speaker 2: I mean, you want to talk about pumping rocket fuel
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  Speaker 2: and steroids into the butt of the economy. It would
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  Speaker 2: be the most amazing thing. You know, we'd have to
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  Speaker 2: probably build a wall six hundred feet tall to keep
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  Speaker 2: all the people out of who'd want to come here
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  Speaker 2: because we'd be you know, so many jobs and so
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  Speaker 2: much capital.
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  Speaker 1: Yeah, if people might not realize this, there was no
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  Speaker 1: income tax in America.
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  Speaker 2: Till like nineteen until nineteen fourteen.
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  Speaker 1: So in nineteen thirteen, how do we pay for the
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  Speaker 1: army and for everything where we had?
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  Speaker 2: That's a good question. We got our revenues from two
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  Speaker 2: major sources. One was terraced and you know what the
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  Speaker 2: other one was no land sales.
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  Speaker 1: You mean, like a TAXI sold.
• 5:43
  Speaker 2: We sold federal lands. And we now, by the way,
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  Speaker 2: the federal government still owns what about thirty five percent
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  Speaker 2: of the federal the land and about fifty percent of
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  Speaker 2: the land west of the Mississippi. So let's sell that
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  Speaker 2: use that money to get rid of the income tax.
• 5:56
  Speaker 2: What do you think about that?
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  Speaker 1: Yeah? You know, if you were one of these private
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  Speaker 1: sector takeover guys and you came in and you bought
• 6:03
  Speaker 1: the United States of America, you'd see, well, I can
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  Speaker 1: cut the budget in half easily without any loss, and
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  Speaker 1: I could get rid of the tax and do tear.
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  Speaker 1: It'd be easy to do, wouldn't it if you were Yeah.
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  Speaker 2: Plus, if you had an eighteen percent sales tax already,
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  Speaker 2: they every time the government, would you know, with other
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  Speaker 2: politicians like Akama Harrister, you know, your friend Bertie Sanders
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  Speaker 2: said oh, let's have this new government program, and they say, well,
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  Speaker 2: if we do that, we're gonna have to raise the
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  Speaker 2: sales tax nineteen percent. Piece of hell, No, we don't
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  Speaker 2: want you to raise a sales tax. You'd have a
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  Speaker 2: natural opposition from everyone, all voters, because everybody would pay
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  Speaker 2: their fair share for the government.
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  Speaker 1: Steve Moore, if you were running a state like California,
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  Speaker 1: or you're whatever state you're running, and you noticed a
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  Speaker 1: lot of my businesses are moving to Texas, wouldn't you
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  Speaker 1: say to yourself, what are they doing there? How come
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  Speaker 1: I wouldn't you copy what.
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  Speaker 2: They're doing, You would think, so, you know, this is
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  Speaker 2: the ingeniousness of our founding fathers was creating a system
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  Speaker 2: where the states. So many of the rights and privileges
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  Speaker 2: were delegated to the states, not the federal government. And
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  Speaker 2: the founding fouthers wanted the states to compete against each other,
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  Speaker 2: because competition is a good thing. Well, that's what we've
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  Speaker 2: got now. And do you know what the five states
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  Speaker 2: are that have the highest cost of living the least
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  Speaker 2: affordable states?
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  Speaker 1: Uh, well, I guess New York and California.
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  Speaker 2: Yes, and New Jersey and Connecticut and Massachusetts, Illinois, Massachusetts,
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  Speaker 2: Connecticut is a very expensive state. Too high cost of
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  Speaker 2: living in the states with the lowest cost of living,
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  Speaker 2: or states like Arkansas, states like Alabama, states like North Carolina,
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  Speaker 2: states like utah Gee they have no low taxes, I mean,
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  Speaker 2: so they can. And by the way, in New York
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  Speaker 2: and California, even though they're getting crushed, I mean, New
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  Speaker 2: York is lost. There's a new study by a New
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  Speaker 2: York business group that's finding hundreds and hundreds and hundreds
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  Speaker 2: of businesses that have left just in the last year.
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  Speaker 2: And you think maybe we should try a new game plan.
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  Speaker 2: And yet Mondominie wants what he wants, a millionaire billionaire tax,
• 8:02
  Speaker 2: and he can't have that. He's going to race Axent
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  Speaker 2: on everybody. And you know, oh gee, we can't find
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  Speaker 2: any money to save from the budget. Really really, out
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  Speaker 2: of one hundred and twelve billion dollar budget, you can't
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  Speaker 2: find any money to save.
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  Speaker 1: Yeah. No, I mean if you doge doge every city
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  Speaker 1: in New York, you'd save probably seventy five percent of
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  Speaker 1: the budget. Well, Steve Moore, great stuff. Hey, I've got
• 8:23
  Speaker 1: to mention your book, The Trump Economic Miracle.
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  Speaker 2: It's a miracle. It's a miracle.
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  Speaker 1: Excellent bookf you want to understand all this in detail,
• 8:30
  Speaker 1: get Steve Moore's book, The Trump Economic Miracle. Are you
• 8:32
  Speaker 1: working on another book?
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  Speaker 2: Well, it's so funny. Trump asked me, you're gonna let
• 8:37
  Speaker 2: a new book down? Okay, I will. You know, I
• 8:41
  Speaker 2: don't know what to call this one, but you know
• 8:43
  Speaker 2: his record is stirling and I think the things are
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  Speaker 2: only going to get better.
• 8:47
  Speaker 1: Yeah. Well, thanks to you and others who have helped
• 8:50
  Speaker 1: with all of this, and Steve Moore, great stuff, Thanks
• 8:53
  Speaker 1: for being with us.
• 8:54
  Speaker 2: Thank you, Mark, great weekend.
• 8:55
  Speaker 1: Take care Hey, make sure you sign up for his
• 8:57
  Speaker 1: daily briefing. It's really great stuff. It's called the Hotline.
• 9:01
  Speaker 1: Just go to Unleash Prosperity dot com and sign up
• 9:04
  Speaker 1: for It's free. It'll come write to your email every day.
• 9:07
  Speaker 1: Unleash Prosperity dot com. Don't forget Buck and Clay later
• 9:12
  Speaker 1: today at twelve noon. Buckle be with us on the
• 9:15
  Speaker 1: show tomorrow. He's got a great new book out. But
• 9:17
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• 9:20
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• 9:24
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• 9:29
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