Latest / The Mark Simone Show / Mark interviews economist Steve Moore.

Transcript

Mark interviews economist Steve Moore. · The Mark Simone Show

• 0:00
  Speaker 1: He's got the whole city in your radio. Mark Simo
• 0:03
  Speaker 1: on sevent ten, wo R Well the best economist around
• 0:09
  Speaker 1: Steve Moore, who, of course you see him all over television.
• 0:12
  Speaker 1: You read his columns with Steve Moore runs the Committee
• 0:16
  Speaker 1: to Unleashed Prosperity. They put out the best daily briefing
• 0:20
  Speaker 1: news analysis. It's free. It'll come write to your email.
• 0:23
  Speaker 1: Just go sign up for it. Go to Unleash Prosperity
• 0:25
  Speaker 1: dot com. Unleash Prosperity dot com. Steve Moore, how you.
• 0:29
  Speaker 2: Doing eron Marco? I'm doing well. I thought that Trump
• 0:34
  Speaker 2: was a superstar yesterday and Bos really gave a lecture
• 0:38
  Speaker 2: Trophians about how to get their economy going. And you know,
• 0:42
  Speaker 2: he basically said do what you're doing because we you know,
• 0:45
  Speaker 2: the latest just came out today that the latest fourth
• 0:48
  Speaker 2: Words for almost five and a half percent growth for
• 0:51
  Speaker 2: the fourth quarter in which ended you know Fanbruary first.
• 0:55
  Speaker 2: That's a blockbuster number. It's the highest growth rate we've
• 0:58
  Speaker 2: had on Jason Memory. And so whatever Trump is doing,
• 1:02
  Speaker 2: it is certainly working. I mean reading run rising incomes,
• 1:05
  Speaker 2: we're seeing record high stock market, we're seeing was a
• 1:10
  Speaker 2: big you know, I paid two seventy nine gallon for gas. Yes,
• 1:14
  Speaker 2: this time last year I was paying three seventy nine
• 1:16
  Speaker 2: a gallon. So I could go on and on. But
• 1:19
  Speaker 2: today it is a rocket ship economy right now, and
• 1:23
  Speaker 2: the Europeans just a lead. And that's what Trump said.
• 1:26
  Speaker 1: Yeah, no, I don't know. I watched CNN. Apparently it's
• 1:29
  Speaker 1: a disaster. Nobody can afford anything.
• 1:31
  Speaker 2: We're all going, well, look, I mean I know people
• 1:34
  Speaker 2: you know, say that economy's doing, Oh well, what about
• 1:36
  Speaker 2: housing prices? What about healthcare prices? What about state prices? Yeah,
• 1:39
  Speaker 2: I looked and I some have gone up, and as
• 1:42
  Speaker 2: I spent many times in your show, you should be
• 1:44
  Speaker 2: angry about pricing At seven percent of those costs increases
• 1:48
  Speaker 2: what happened under Biden, that's eight bump. And so the
• 1:52
  Speaker 2: good news is inflation is coming down and we all
• 1:55
  Speaker 2: got Trump see the inflation uh you know, back to
• 1:58
  Speaker 2: the very near the two percent wing to target, which
• 2:01
  Speaker 2: is huge. I mean, look, the average inflation rate was
• 2:04
  Speaker 2: five and a half percent that died in per year,
• 2:07
  Speaker 2: and now we're at you know, two point six percent,
• 2:10
  Speaker 2: So that's an under improvement.
• 2:11
  Speaker 1: Yeah, you mentioned we're going to hit five percent growth
• 2:14
  Speaker 1: this is a huge number. It's getting no coverage. When
• 2:17
  Speaker 1: was the last time we did five percent growth?
• 2:21
  Speaker 2: You know, I'd have to check. I know, we might
• 2:24
  Speaker 2: watch it. One Clinton maybe, and you know, a couple
• 2:29
  Speaker 2: of years under Reagan. And by the way, you're on two.
• 2:31
  Speaker 2: Reminds me. I mean you and I are old enough
• 2:33
  Speaker 2: to I may be a little older than you, but
• 2:35
  Speaker 2: we we But basically remember the Reagan boom in the
• 2:38
  Speaker 2: mid eighties, when you know, we came out of the
• 2:40
  Speaker 2: disaster of Jimmy Cook Copper and we had one eighteen
• 2:43
  Speaker 2: month period where the economy group you know, by a
• 2:46
  Speaker 2: further thirteen percent over that period. So we can do it.
• 2:51
  Speaker 1: It is.
• 2:51
  Speaker 2: It's something well, they're not limits to growth. You just
• 2:53
  Speaker 2: get rid of regulation. By the way, how about this
• 2:55
  Speaker 2: one one hundred devil regulations for every new regulation. Remember
• 2:59
  Speaker 2: I said he was going to he was going to
• 3:01
  Speaker 2: eliminate three you one. No, he's eliminated one hundred for everyone.
• 3:04
  Speaker 1: Wow. Hey, uh, I'm watching all these new leaders, the
• 3:08
  Speaker 1: Mondanie in New York, the new New Jersey governor, Mikey Cheryl,
• 3:11
  Speaker 1: and they keep talking about putting more taxes on business.
• 3:14
  Speaker 1: We're going to increase corporate text, we're increasing business. Isn't
• 3:16
  Speaker 1: this exactly the same thing as a tariff? I thought
• 3:19
  Speaker 1: they hate tariffs.
• 3:21
  Speaker 2: Good point. You know you mentioned New York and New Jersey,
• 3:25
  Speaker 2: as you know, I live in Washington and area in Virginia.
• 3:29
  Speaker 2: And uh, you know, the new the Spanburger, who's the
• 3:32
  Speaker 2: new yearly elected governor of Virginia's chief took over for
• 3:36
  Speaker 2: Glenn young Kin, who was a great governor. He cut taxes. Well,
• 3:39
  Speaker 2: Stamberger has only been an office for about seventy two hours,
• 3:42
  Speaker 2: and all of oh, we're gonna raise this tax mat that,
• 3:45
  Speaker 2: the sales tax, the income taxes, well, tax tax tax,
• 3:48
  Speaker 2: the tax on using Uber and you know all of
• 3:52
  Speaker 2: the uh you know the internet stuff that she used.
• 3:56
  Speaker 2: You know, if you do what what do you call it?
• 3:58
  Speaker 1: Uber?
• 3:58
  Speaker 2: And all this stuff. They're going to tax on this
• 4:00
  Speaker 2: and that and the other thing. And like she didn't
• 4:02
  Speaker 2: she run as a moderate breeds And all of a sudden,
• 4:05
  Speaker 2: out of the gate, every tax you can imagine is
• 4:07
  Speaker 2: going up.
• 4:08
  Speaker 1: And then again, yeah, you know, the new mayor here
• 4:11
  Speaker 1: in New York says is going after hotels because they
• 4:13
  Speaker 1: put all these fees on. There's a fee for this,
• 4:15
  Speaker 1: a fee for that and drives up.
• 4:17
  Speaker 2: To the face they do.
• 4:18
  Speaker 1: Isn't that what government? And that's what they do to gasoline.
• 4:21
  Speaker 1: It's all fees and taxes on gasoline. Why don't they
• 4:24
  Speaker 1: get rid of those?
• 4:26
  Speaker 2: Exactly? Look, when you pay all these fees at the
• 4:28
  Speaker 2: you know, you know, as you know, I go up
• 4:30
  Speaker 2: to New York every week or two and oftentimes they
• 4:33
  Speaker 2: stay over night, and I have two nights and I
• 4:35
  Speaker 2: can't believe, you know, it'll say two forty nine, and
• 4:38
  Speaker 2: then you get the billboard, it's like one fifty nine.
• 4:40
  Speaker 2: Because all these taxes that they impose on and I'm like,
• 4:43
  Speaker 2: wait them in a three dollars in taxes and fees.
• 4:46
  Speaker 2: Almost all of those are imposed by the city, hundred state,
• 4:50
  Speaker 2: and gosh, I'm gonna and the next time I'm gonna
• 4:52
  Speaker 2: have to sleep in a hear list or something like
• 4:55
  Speaker 2: that because it's so expensive. But the point is this
• 4:58
  Speaker 2: is government. This is the the hotels change that are
• 5:02
  Speaker 2: doing this. It's it's the government fees that that are
• 5:05
  Speaker 2: making it so expensive. And you know, you look at
• 5:08
  Speaker 2: the four or five state at mark that have the
• 5:11
  Speaker 2: highest cost of living, and you know what they are,
• 5:14
  Speaker 2: They're New York, Jersey, California, Illinois, and Massachusetts. Gosh, what
• 5:18
  Speaker 2: the Oh yeah, they're the Democratic states, and then you
• 5:22
  Speaker 2: know what, We're gonna lect more Democrats to make America more.
• 5:26
  Speaker 2: That doesn't make so much sense.
• 5:28
  Speaker 1: Hey, I saw al Gore was at the Davos. So
• 5:31
  Speaker 1: if you go back and watch the al Gore movie
• 5:32
  Speaker 1: An Inconvenient Truth twenty five years ago. Now one thing
• 5:36
  Speaker 1: came true that he predicted. In fact, most cases the
• 5:38
  Speaker 1: opposite happened. Shouldn't he apologized? Everybody?
• 5:42
  Speaker 2: You know he should? I mean, what the whole climate,
• 5:44
  Speaker 2: by the way, climate change is yesterday. I mean, I'm
• 5:47
  Speaker 2: not I've been to Dublos. I didn't go this year,
• 5:49
  Speaker 2: but I've been es borders over there who have been
• 5:52
  Speaker 2: talked to, and they said, the one remarkable thing is
• 5:54
  Speaker 2: nobody's talking about climate change, and say it's yesterday's story.
• 5:59
  Speaker 2: It was all a bunch of scarce tactics by the left.
• 6:02
  Speaker 2: We have something in our hotline this morning. You haven't
• 6:04
  Speaker 2: probably read it yet because we just sent it out.
• 6:06
  Speaker 2: Remember this idea, all all these Pacific islands we're going
• 6:09
  Speaker 2: to be underwater, and you know they just guess what,
• 6:13
  Speaker 2: you know, they there's no rise in the in the
• 6:17
  Speaker 2: sea levels in the specific islands. But but everything that
• 6:23
  Speaker 2: the climate change uh you know, almost apocalyptics predicted, has
• 6:29
  Speaker 2: not come true. And so by the way, we get
• 6:32
  Speaker 2: I'm in Washington, d C. You know, which is a
• 6:34
  Speaker 2: southern city. As you know, we're going we are going
• 6:37
  Speaker 2: to have temperatures in the teens and we're going to
• 6:40
  Speaker 2: get fourteen inches of stuff.
• 6:41
  Speaker 1: I guess they're going to people deserve it. Yeah, well,
• 6:47
  Speaker 1: Steve Moore, great stuff. Everybody sign up for that daily briefing.
• 6:51
  Speaker 1: It's this. You want to sound really smart, get this.
• 6:53
  Speaker 1: It's free. It'll come right to your email every day.
• 6:55
  Speaker 1: Just go to Unleashing, Unleash Prosperity dot com, Unleashed press
• 7:00
  Speaker 1: dot com, and make sure you get Steve Moore's latest book,
• 7:02
  Speaker 1: The Trump Economic Miracle. You'll love this book. Steve Moore,
• 7:06
  Speaker 1: thanks for being with us.
• 7:08
  Speaker 2: By the way, it is Trump used that language in
• 7:10
  Speaker 2: his speech yesterday. He said he talked about the miracle
• 7:13
  Speaker 2: of the United States. And I was like, yes, that's
• 7:16
  Speaker 2: the book that anamic when I just wrote The Trump
• 7:19
  Speaker 2: Economic Miracle, and even Trump is used the language.
• 7:21
  Speaker 1: Now, well he helped you guys with the book, didn't.
• 7:23
  Speaker 2: He wrote the forward. Yeah, I gotta get that Buck. Folks,
• 7:27
  Speaker 2: you'll the older sound Why America is Booming, very important book.
• 7:30
  Speaker 1: You'll really explain things to you. It's called The Trump
• 7:32
  Speaker 1: Economic Miracle. Just go to Amazon and order it now.
• 7:35
  Speaker 1: Steve Moore, thanks for being with us.
• 7:38
  Speaker 2: Okay, have a great weekend.
• 7:39
  Speaker 1: They take care. Hey, coming up, got a lot to
• 7:42
  Speaker 1: get to. Uh, we'll get to and we'll get to
• 7:45
  Speaker 1: that crazy New Jersey governor. What's wrong with you people
• 7:47
  Speaker 1: in New Jersey? You vote for these wackos to be
• 7:50
  Speaker 1: You're You've had one crazy governor after another. We'll get
• 7:53
  Speaker 1: to Jack Smith testifying today. Hey, Buck and Clay Noon Today,
• 7:58
  Speaker 1: very good show. You really learn a lot when everyday
• 8:01
  Speaker 1: noon to three at three o'clock, you got the most
• 8:03
  Speaker 1: listened to radio show in America, Sean Hannity, you got
• 8:07
  Speaker 1: Jesse Kelly at six and the new great, funny, excellent
• 8:11
  Speaker 1: show Jimmy Taylor every night at nine. In fact, Jimmy
• 8:14
  Speaker 1: Taylor will be with us in the next hour on
• 8:17
  Speaker 1: seven ten. Woir