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Mark interviews economist Steve Moore. · The Mark Simone Show

• 0:00
  Speaker 1: Mark themone on sevent tenor.
• 0:05
  Speaker 2: Well, we bring you the smartest people around. Steve Moore,
• 0:08
  Speaker 2: the great economist. You should get his book, The Trump
• 0:11
  Speaker 2: Economic Miracle. It's a great book and you can read
• 0:14
  Speaker 2: all of his columns. You can watch him on television,
• 0:17
  Speaker 2: you can go to his He runs the Committee to
• 0:19
  Speaker 2: Unleash Prosperity and they put out the best daily briefing,
• 0:23
  Speaker 2: news and analysis, totally free. It'll come write to your email.
• 0:27
  Speaker 2: You're going to sound much smarter if you read this
• 0:28
  Speaker 2: every morning. Just go to Unleash Prosperity dot com sign
• 0:32
  Speaker 2: up for the hotline Unleash Prosperity dot com. Steve Moore,
• 0:37
  Speaker 2: how you doing.
• 0:38
  Speaker 1: Hey, Mark, I'm doing really well. Thanks looking looking good.
• 0:42
  Speaker 1: We got to get the straight of her moves open.
• 0:45
  Speaker 1: When we do that, we're going to see gas prices
• 0:47
  Speaker 1: back to three dollars a gallon. So I'm feeling I'm
• 0:51
  Speaker 1: feeling really good about things and the world's moving in
• 0:54
  Speaker 1: our direction. But I gotta say this, I don't want
• 0:56
  Speaker 1: to bail out Spirit Airline. I don't want to a
• 0:59
  Speaker 1: government takeover of that airline. I think it's crazy.
• 1:03
  Speaker 2: Yeah, the only thing that could make an airline like
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  Speaker 2: that even worse service wise, is the government.
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  Speaker 1: Running it exactly. It's like going to be Amtrak in
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  Speaker 1: the sky. It was. You know, have you noticed the
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  Speaker 1: last fifty years they keep saying, oh, you know, profitability,
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  Speaker 1: it's right around the next corner, right, Yeah, we've waited
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  Speaker 1: fifty years for that. So you know, that's a bad idea.
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  Speaker 1: The government should never be in the business. Mark, you
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  Speaker 1: know this. The government should never be in the business
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  Speaker 1: of bailing out or subsidizing industries. It never works, and
• 1:32
  Speaker 1: it taxpayers always get screwed.
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  Speaker 2: Yeah, hey, why isn't there a revolt about the government
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  Speaker 2: overpays for anything they do by ten million percent. Every
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  Speaker 2: supermarket tells me it's about two million dollars to open
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  Speaker 2: a supermarket, Mom, Donnie's going to open a grocery store,
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  Speaker 2: a little one for thirty million. Why do we Why
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  Speaker 2: do we let them waste all this money? It's supposed
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  Speaker 2: to cost two million.
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  Speaker 1: Because socialists have good hearts, more embrace the socialism, don't
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  Speaker 1: you understand that? Mark? I mean, and you know this
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  Speaker 1: works so well in the Soviet Union. I mean, things
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  Speaker 1: were so cheap. Of course, you had to wait an
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  Speaker 1: hour in line to get in the store. And when
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  Speaker 1: you got in the store, the shelves were empty, but boy,
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  Speaker 1: everything was so affordable.
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  Speaker 2: Yeah. Hey, let's talk about the FED for a moment.
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  Speaker 2: Kevin Warsh rough hearing, although he handled himself very well,
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  Speaker 2: is he going to be our FED chairman?
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  Speaker 1: Oh? By the way, you know that Larry Cudlow and
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  Speaker 1: myself and Art Laugher and Steve Forbes and you know,
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  Speaker 1: all the all the supply side crowd were totally in
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  Speaker 1: favor of Kevin Warsh. I think he is the most
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  Speaker 1: qualified FED chairman since Alan Greenspan. He is going to
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  Speaker 1: be superb in that job. I don't understand why Democrats
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  Speaker 1: are paying playing politics with this. I've been in Washington,
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  Speaker 1: c for forty years. It was never political. Now. Look,
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  Speaker 1: Trump's a little bit been blamed here too because he
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  Speaker 1: and he Andrew Paul don't get a lot so well
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  Speaker 1: do they. But you know the fact is that this
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  Speaker 1: guy is super qualified. He is going to make the
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  Speaker 1: dollar as good as goal. He's going to preserve them.
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  Speaker 1: The dollar is the world reserve currency. He's going to
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  Speaker 1: restore confidence in the American economy and the American dollar.
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  Speaker 1: And that's what we want, and that's what we need.
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  Speaker 1: And we're going to bring inflation back down to below
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  Speaker 1: two percent.
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  Speaker 2: Yeah, but you said, I don't undertand why they're paying pozies.
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  Speaker 2: There's nobody Trump could have appointed that they wouldn't play
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  Speaker 2: positive eye.
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  Speaker 1: Oh that's exactly right, Mark. And this is what's so
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  Speaker 1: frustrating is that here this guy super qualified, he's going
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  Speaker 1: to do all the right things on the economy. He's
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  Speaker 1: not good. Now. Look, Trump's put him in a little
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  Speaker 1: tough position because Trump say I want to lower interest rates.
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  Speaker 1: And I thought that Kevin handled that very well at
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  Speaker 1: the hearing yesterday. He said, no, I'm going to make
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  Speaker 1: my own decisions. Trump has never, you know, commanded me
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  Speaker 1: to lower rates. I mean, everybody knows that's what he wants.
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  Speaker 1: But I do believe that Kevin will be independent, and
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  Speaker 1: I think he's he's absolutely the perfect choice. And by
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  Speaker 1: the way, he's qualify vacations are amazing, and there's nobody
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  Speaker 1: that's been more qualified than him. And it just shows
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  Speaker 1: everything is political. I just want to make sure people
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  Speaker 1: understand this doesn't have this dispute has nothing to do
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  Speaker 1: with Kevin worsh It's just the Democrats hate Trump and
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  Speaker 1: their post to anything he wants to do even if
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  Speaker 1: it's an America's interest, and it is America's interest to
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  Speaker 1: get Kevin Warsh in there and to get Jerome Powell out.
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  Speaker 1: Jerome Poull has been the most political fed chair ever
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  Speaker 1: ever because he hates Trump so much.
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  Speaker 2: Yeah, well, we hope it's Kevin worsh Hey. Yesterday the
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  Speaker 2: test he had to testify in front of Congress Scott
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  Speaker 2: Vessant and these they're yelling at him about tax breaks
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  Speaker 2: for the rich, and why are you giving all this
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  Speaker 2: month the rich tax cuts for the rich? This is
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  Speaker 2: one of the greatest myths of all time, isn't it.
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  Speaker 1: It sure is. I mean, even the Washington Post, by
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  Speaker 1: the way, you know, the Washington Post editorial board, which
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  Speaker 1: you know, was the most liberal you know, editorial board
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  Speaker 1: in the country just ten years ago. Even they had
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  Speaker 1: a big editorial saying, it's a myth that, you know,
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  Speaker 1: the rich don't pay their fair share. The top one
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  Speaker 1: percent pay forty percent of the income tax, you know,
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  Speaker 1: almost a record high. And by the way, the middle
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  Speaker 1: class got a two thousand dollars to twenty five hundred
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  Speaker 1: dollars tax cut in twenty twenty six. So the Democrats.
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  Speaker 1: You know, if they had had their way, people would
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  Speaker 1: be paying twenty five hundred dollars more in taxes this year.
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  Speaker 1: How's that going to make things more affordable?
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  Speaker 2: Hey, just go over that again, because if you actually
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  Speaker 2: look at the facts, the rich don't pay their fair share.
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  Speaker 2: They're paying way beyond their fair share. Say that again.
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  Speaker 2: The top one percent pay what.
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  Speaker 1: The top one out of one hundred Americans pay almost
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  Speaker 1: forty percent of the entire income tax. The top ten
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  Speaker 1: percent pay like eighty percent of the income tax. So
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  Speaker 1: the what the Washington you know, you know, I've been
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  Speaker 1: saying this for years and decades, but now we're in
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  Speaker 1: the Washington Post is saying it. We have one of
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  Speaker 1: the most progressive tax systems in the country. In fact,
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  Speaker 1: you know, we would be much better off if we
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  Speaker 1: just had a flat tax. Everybody pays say sixteen, seventeen,
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  Speaker 1: eighteen percent. You get a deduction for you and your children,
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  Speaker 1: and you don't get all these other craft deductions and
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  Speaker 1: loopholes that oftentimes the rich take advantage of and make
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  Speaker 1: it really simple. I mean, you know, Steve Forbes, I
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  Speaker 1: know you have him on your show a lot. He's
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  Speaker 1: the he's the godfather of this idea, you know, think
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  Speaker 1: of We wouldn't have to have a massive IRS. We
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  Speaker 1: wouldn't have to have you know, thousands and thousands of
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  Speaker 1: you know, IRS agents. We wouldn't have to have tax accountants.
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  Speaker 1: It would be so simple. You could do it in
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  Speaker 1: five minutes and you know, at your bedtimetable.
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  Speaker 2: I know. But Democrats would be up in arms. He's
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  Speaker 2: trying to get rid of the IRS. He's trying to
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  Speaker 2: get rid of our agents. Exactly, Hey, what do we
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  Speaker 2: Steve Moore, what are we going to do about this? Jerrymangering?
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  Speaker 1: Oh my god, this is such a disgrace. And by
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  Speaker 1: the way, both sides are responsible for this. I'm not
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  Speaker 1: going to play in one part of you or the other.
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  Speaker 2: They're both.
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  Speaker 1: And this is politicians basically using the rules to keep
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  Speaker 1: themselves in office. That's what's going on here, and it
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  Speaker 1: is outrageous. You know, Democrats love to rail about dangerous
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  Speaker 1: democracy and we need representative government and we can't can't
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  Speaker 1: dissi franchise voters. That's exactly what this does. Now, what
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  Speaker 1: happened in Virginia is probably the most obscene version of this,
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  Speaker 1: where a state that is you know, I live in Virginia.
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  Speaker 1: So we're fifty three percent Democrats roughly and rough forty
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  Speaker 1: six and a half percent Republican something like that. Not
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  Speaker 1: not exactly, but that's pretty close. But under the jurymans
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  Speaker 1: leven seas kind of them, we'll go to Democrats and
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  Speaker 1: will go to Republicans, so they get ninety percent of
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  Speaker 1: the states even though they're only fifty three percent of
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  Speaker 1: the population.
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  Speaker 2: Well, but what we can do about this? I guess
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  Speaker 2: Republicans can do it back to them, But that's not
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  Speaker 2: really the answer. Shouldn't there be all that the district
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  Speaker 2: has to be?
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  Speaker 1: Because yeah, so look what we need to do is
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  Speaker 1: just have I don't know how you implement this, but
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  Speaker 1: in Iowa, Iowa just has the computers do it. I mean,
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  Speaker 1: this is twenty twenty six. The computers can do very
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  Speaker 1: compact districts and take politics out of it. You know,
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  Speaker 1: you basically say you put as many people in the
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  Speaker 1: district as you can that's within the kind of perimeter
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  Speaker 1: of the district, so you don't have these these lines
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  Speaker 1: that look like snakes going through the uh through the district.
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  Speaker 2: You know.
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  Speaker 1: I'm from Illinois. They have one district that goes all
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  Speaker 1: the way from Chicago down to the border of like Arkansas.
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  Speaker 1: It's like it's like two hundred and eighty miles away.
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  Speaker 1: I mean, those are just outrageous jurymanders. And I just
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  Speaker 1: have a computers pick that, you know, set the perimeters
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  Speaker 1: of each district. You take politics out of it. You
• 8:34
  Speaker 1: have people voting with your neighbors. I mean, we had
• 8:37
  Speaker 1: something in the hotline today, I kind of you get
• 8:39
  Speaker 1: the outline by the way, folks, if you don't get it,
• 8:41
  Speaker 1: go to Uley's prosperity dot com and sign up for
• 8:44
  Speaker 1: for free. But it was just a cartoon and it's
• 8:46
  Speaker 1: you know, the way this apartment building and the one
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  Speaker 1: person says to the person across the aisle, you know
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  Speaker 1: the hall, Oh they just jurymannered. You're in one district.
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  Speaker 1: That's how crazy it's gotten.
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  Speaker 2: Yeah, well that's my new fake ma.
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  Speaker 1: You know. In democracy, you know, we're supposed to have
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  Speaker 1: the voters choose the politicians, right, we vote for the politicians.
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  Speaker 1: Now what happens to the politicians choose their voters.
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  Speaker 2: Yeah, that's my new fake name if I ever need that,
• 9:17
  Speaker 2: If I ever need a fake name, it's jerry manders.
• 9:23
  Speaker 2: So everybody get this hotline. It's the best daily briefing,
• 9:27
  Speaker 2: news and great analysis. You go to Unleash prosperity dot com,
• 9:32
  Speaker 2: sign up for the hotline Unleash Prosperity dot com and
• 9:36
  Speaker 2: everybody gets Steve Moore's book, The Trump Economic Miracle. It's excellent.
• 9:41
  Speaker 2: Well Steve Moore, great stuff, Thanks for being with us.
• 9:44
  Speaker 1: Thanks Mark, have a great day, Take take care.
• 9:47
  Speaker 2: Hey. Coming up at noon today, you got Buck and Clay,
• 9:52
  Speaker 2: and Buck, by the way, has an excellent new book
• 9:55
  Speaker 2: out and it's called Manufacturing Delusion. In fact, there's a
• 9:58
  Speaker 2: book party tonight, Buck, but make sure you get Buck
• 10:02
  Speaker 2: Sexton's great new book and listen to Buck and Clay
• 10:04
  Speaker 2: at noon today and then at three o'clock. You got
• 10:08
  Speaker 2: the most listened to radio show in America, Sean Hannity.
• 10:12
  Speaker 2: You got Jesse Kelly at six and every night at nine.
• 10:15
  Speaker 2: Don't miss this. Just listen once. You'll get hooked. It's
• 10:18
  Speaker 2: very funny. It's a great show. It's Jimmy Fayla every
• 10:21
  Speaker 2: night at nine, on seven to ten, wor