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Mark interviews economist Steve Moore. · The Mark Simone Show

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  Speaker 1: Slugged into Everything New York. Mark Simone on sevent ten
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  Speaker 1: wo Well, like to bring you the smartest people on earth,
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  Speaker 1: Steve Moore, the brilliant economist. Mate. Make sure you have
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  Speaker 1: his book, his latest book, The Trump Economic Miracle. It's
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  Speaker 1: an excellent book. And he runs the committee to Unleashed Prosperity.
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  Speaker 1: They put out the best daily news and analysis, best
• 0:22
  Speaker 1: briefing it can get every day. It's free. It'll come
• 0:24
  Speaker 1: right to your email. Just go sign up for it.
• 0:27
  Speaker 1: Go to Unleashed Prosperity dot com. Steve Moore, How you
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  Speaker 1: doing well?
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  Speaker 2: Feeling good about things? Given the what happened with the
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  Speaker 2: job support yesterday, really good numbers on the economy. Economy
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  Speaker 2: continues to expand, businesses are hiring again. And what I
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  Speaker 2: love about the story, Mark, is that you know what
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  Speaker 2: sector of the economy is shrinking?
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  Speaker 1: Government?
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  Speaker 2: Government? Oh good government. Yeah. So private jobs are booming,
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  Speaker 2: and the and the and the government jobs are shrinking.
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  Speaker 2: So we're draining the swamp in Washington. Federal employment continues
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  Speaker 2: to fall, thank god. But the private sector numbers for
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  Speaker 2: hiring were really good. So and by the way, wages
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  Speaker 2: were up and the unemployment was down. Oh.
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  Speaker 1: I don't know. I got the MSNBC on here it
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  Speaker 1: says we're in a big affordability crisis at.
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  Speaker 2: Yeah, do you know that the last year, the average
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  Speaker 2: median family income people in the exact metal they saw
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  Speaker 2: about a twenty five hundred dollars increase in their above
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  Speaker 2: inflation incomes. So what I mean, Look, I get it.
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  Speaker 2: People are angry about the price of beef, and they're
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  Speaker 2: angry about you know, the price of coffee, and they're
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  Speaker 2: angry about price of healthcare and housing. But if you
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  Speaker 2: look overall, people have more money in their paychecks. And
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  Speaker 2: by the way, that's partly because the big beautiful bill,
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  Speaker 2: as you know, I mean, people are starting to really
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  Speaker 2: feel it now because they're withholding is starting an earnest
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  Speaker 2: and so that means you're going to have less money
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  Speaker 2: withheld from your paycheck by the irs, which means more
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  Speaker 2: money in your paycheck. Yeah.
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  Speaker 1: Hey, now, would you confirm Steve more that in the
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  Speaker 1: Biden years during the Biden administration, when they head oh
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  Speaker 1: a good job number, it was because the government would
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  Speaker 1: go out and hire people exactly.
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  Speaker 2: Yes, And that's so I used to you know, as
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  Speaker 2: you know, Mark, every first Friday of every month for
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  Speaker 2: the last ten years. I've been doing this. You know,
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  Speaker 2: the jobs report comes out on the first Pride of
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  Speaker 2: over arounth although it didn't this time. It came out
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  Speaker 2: on Wednesday because of the government shutdown and they've been
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  Speaker 2: delate late in getting the data out. But nonetheless, during
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  Speaker 2: the Biden years, you know, we get these jobs numbers,
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  Speaker 2: one hundred and fifty thousand jobs created, Yay, hooray, and
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  Speaker 2: then you look at the numbers and it's like one
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  Speaker 2: hundred thousand more government shops. You know, So we were
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  Speaker 2: increasing government jobs and we were not seeing much grain
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  Speaker 2: gain at all on five effector. And what we've done,
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  Speaker 2: we've seen now is a reset where we're now shrinking
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  Speaker 2: the government in increasing pivate sector jobs, which is exactly
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  Speaker 2: what we want unless you're a government employee.
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  Speaker 1: Yeah, and it's a much healthier way to run the economy. Yes. Hey,
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  Speaker 1: the CEO of Ford yesterday puts out all these numbers
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  Speaker 1: electric car electric vehicle sales was so bad it brought
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  Speaker 1: down the whole bottom line of the company, and he said,
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  Speaker 1: the customer has spoken. So what do we conclude from that?
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  Speaker 2: Well, that's an interesting thing because you know, one of
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  Speaker 2: the reasons that you know, basically under the Biden years,
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  Speaker 2: they were trying to force feed people to buy to
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  Speaker 2: buy electric vehicles with mandates and you had to buy them,
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  Speaker 2: and then all the subsidies to build them, et cetera,
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  Speaker 2: et cetera, et cetera, and a lot of the big
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  Speaker 2: auto manufacturers they bought into it. Oh yeah, let's build
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  Speaker 2: all these these electric vehicles. And by the way, I'm
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  Speaker 2: not against electric vehicles. I was just against by enforcing
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  Speaker 2: people to buy electric vehicles. And so what's happened now
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  Speaker 2: is there's been uh, you know, people have kind of
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  Speaker 2: revolted against that, and for many reasons. People say, you know,
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  Speaker 2: we don't want electric fical. By the way, I have
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  Speaker 2: a hybrid and I love it, so you know, I'm
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  Speaker 2: not against the batteries. But I also want to know,
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  Speaker 2: I want to make sure I don't run out of
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  Speaker 2: you know, get a mountain and then don't have any
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  Speaker 2: juice left in my battery. So the point is that
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  Speaker 2: I always have said this that you know, people when
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  Speaker 2: it comes to their cars, people want to choose themselves.
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  Speaker 2: They don't want the government to choose the car for them.
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  Speaker 2: Because we have a love affair with our cars in
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  Speaker 2: America and Trump, I mean, Biden didn't seem to understand that.
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  Speaker 2: And the more he tried to force people to buy
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  Speaker 2: electric vehicles, the more people have revolted against buying them.
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  Speaker 2: And so now you've got this huge surf plus of
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  Speaker 2: electric vehicles that nobody wants to buy.
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  Speaker 1: Yeah, you know, we just had a weekend here where
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  Speaker 1: it was like ten below zero. Your electric car doesn't
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  Speaker 1: work when it's the.
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  Speaker 2: Exactly that's exactly right. So this is a problem with
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  Speaker 2: evs is that they're not going to start when the
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  Speaker 2: temperature gets, you know, below ten degrees. And by the way,
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  Speaker 2: in Washingt d C. Southern City, we you know, the
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  Speaker 2: temperature for the last twenty days has been below ten degrees,
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  Speaker 2: so you know, then you can't get out of your driveway.
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  Speaker 1: Yeah. Hey, we're talking earlier about budgets. You know, the
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  Speaker 1: budget in New York is ridiculous. It's like one hundred
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  Speaker 1: and twenty billion. New York States budget is double that
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  Speaker 1: of Florida, even though we have less people. This is
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  Speaker 1: all from contracts they hand out where we overpay by
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  Speaker 1: ten million percent for everything we do in the government.
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  Speaker 1: Politicians like handing out those contracts. Is there anything we
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  Speaker 1: could ever do to fix this?
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  Speaker 2: Well, what's going on the big story of America is
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  Speaker 2: that these blue cities and blue states are just dying.
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  Speaker 2: They're dying. And you know it's because I was in
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  Speaker 2: New York earlier this week and talking a lot of
• 5:44
  Speaker 2: people in New York City, and they were frustrated because Mandonie,
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  Speaker 2: you know, hadn't even cleared away the snow. The garbage
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  Speaker 2: wasn't being collected. And I don't care what your ideology,
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  Speaker 2: I don't care if you're left right center, whatever you are,
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  Speaker 2: libertarian socialists. Everybody wants the public services to work. And
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  Speaker 2: yet Mandamie has proven in just this first one thirty
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  Speaker 2: five days in office he has no idea what he's doing.
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  Speaker 2: You think it's it's not even the ideology, it's incompetence.
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  Speaker 1: Yeah, it's unbelievable. Hey, we were talked at this before too.
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  Speaker 1: You know they have this jock tax if you play football,
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  Speaker 1: even if it's the Super Bowl. Yeah, the guy one
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  Speaker 1: hundred and seventy thousand for playing the Super Bowl and
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  Speaker 1: his taxes were like two hundred and eighty thousand. How
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  Speaker 1: is that?
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  Speaker 2: How is that even legal? The taxi more than well,
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  Speaker 2: I know, and that these are the jock taxes. You
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  Speaker 2: have to pay an income tax if you play, you know,
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  Speaker 2: a game in a in a state that has eye
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  Speaker 2: income tax, and so, uh, the you're right. So now
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  Speaker 2: they're saying, well, we're gonna move. We're not going to
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  Speaker 2: play the world the super Bowl in these places with
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  Speaker 2: high tax anymore because the players can't afford it. And
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  Speaker 2: by the way, a lot of the players don't want
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  Speaker 2: to even play on teams you know that are located
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  Speaker 2: in blue station in cities like you know, so that's
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  Speaker 2: a big tax on getting a winning team back in
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  Speaker 2: New York.
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  Speaker 1: Yeah, hey, but you're right. You know, we pay the
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  Speaker 1: highest taxes in the world in New York City. And
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  Speaker 1: they can't even shovel snow, but.
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  Speaker 2: Shouldn't there be a And they can't collect the garbage.
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  Speaker 2: I saw that, everybody, I think you've probably seen it. It
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  Speaker 2: went viral on the internet of the rabbi out there
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  Speaker 2: helping the garage put the garbage in the truck because too,
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  Speaker 2: I mean, you know, he's supposed to be this brilliant
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  Speaker 2: big thinker. He can't even get the garverage collected off
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  Speaker 2: the street. I mean, I laugh at that, but it
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  Speaker 2: just shows, you know, I would think Mondommie would say, look,
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  Speaker 2: let me go around the city and give these speeches
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  Speaker 2: and about how great socialism, but put somebody in charge
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  Speaker 2: who knows what they're doing and how to run something.
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  Speaker 1: Yeah. Hey, in the next month or two, everybody will
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  Speaker 1: start paying their taxes, doing their taxes for the year.
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  Speaker 1: What's going to be the difference now with the big
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  Speaker 1: beautiful bill.
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  Speaker 2: Well, people are gonna save a lot in terms of
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  Speaker 2: the the withho the going to pay a smaller tax
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  Speaker 2: bill than they did last year. And I don't know
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  Speaker 2: the exact numbers, but on average it's about one thousand
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  Speaker 2: dollars saving. And it was just so ironic because all
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  Speaker 2: the Democrats talk about is affordability, affordability, yet every one
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  Speaker 2: of them voted against the tax cut.
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  Speaker 1: And inflation. We're doing well, and what do you think
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  Speaker 1: give us a growth forecast, a growth number for the rest.
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  Speaker 2: Of the Oh, I'm going to give you the number
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  Speaker 2: that Donald Trump gave. We're going to grow by fifteen percent.
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  Speaker 2: By the way, I love that about Trump, don't you. Mark?
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  Speaker 2: And I know you're close to Trump, and I talked
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  Speaker 2: him about but you know he shoots for the movie.
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  Speaker 2: He told Larry Cudlow, you know we're gonna get fifteen
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  Speaker 2: percent growth, because Larry said, do you think we can
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  Speaker 2: get five percent growth? And he said fifty percent? Well,
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  Speaker 2: which would be like but but you know what, he
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  Speaker 2: also said the same thing when you know when the
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  Speaker 2: Dow Jones hit fifty thousand a couple of days ago.
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  Speaker 2: By the way, when I first came to Washington forty
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  Speaker 2: years ago, that that was at one thousand. Now it's
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  Speaker 2: at fifty thousand. But the Trump said, you know, by
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  Speaker 2: the time I leave office, and we don't know when
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  Speaker 2: that's going to be. The time I leave office, we're
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  Speaker 2: gonna have now one hundred thousand.
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  Speaker 1: So I love it.
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  Speaker 2: I love his optimism. I love that he shoots for
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  Speaker 2: the mode.
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  Speaker 1: Yeah, it's a great, great philosophy, great way to live too. Well,
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  Speaker 1: Steve Moore, great stuff, and thanks for He's got an
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  Speaker 1: excellent book called The Trump Economic Miracle. You should get
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  Speaker 1: the book.
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  Speaker 2: It is a miracle. It is America.
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  Speaker 1: And thanks for the Committee to Unleashed Prosperity. The daily
• 9:26
  Speaker 1: briefing you put out is the best in them you
• 9:28
  Speaker 1: can get, and it's free, free, comes right to your emails.
• 9:31
  Speaker 1: Just go to Unleashed Prosperity dot com. I didn't get
• 9:35
  Speaker 1: mine yet today. You got to put it a little
• 9:36
  Speaker 1: earlier in the morning.
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  Speaker 2: It didn't get you know what, that's been the problem
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  Speaker 2: we've been running. It's because we can't haven't removed the
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  Speaker 2: snow yet in Washington show.
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  Speaker 1: Okay, but when you read it you'll see why it
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  Speaker 1: takes a while. It's so well done to Unleashed Prosperity
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  Speaker 1: dot com and sign up. Steve Moore, thanks for being
• 9:52
  Speaker 1: with us.
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  Speaker 2: Thanks Mark, have a great weekend.
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  Speaker 1: Take care, take care. Yeah, it really is the best
• 9:57
  Speaker 1: daily briefing you can get. Use analysis. You'll sound extremely
• 10:02
  Speaker 1: smart and so well and from just going to unleash
• 10:04
  Speaker 1: prosperity dot com. Hey, coming up at noon, Buck and Clay.
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