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Mark interviews economist Steve Moore. · The Mark Simone Show

• 0:00
  Speaker 1: I'm back to Mark Simone onoor.
• 0:04
  Speaker 2: Well Steve Moore, the brilliant economist, to make sure you
• 0:06
  Speaker 2: get his book, The Trump Economic Miracle. It's the best
• 0:09
  Speaker 2: book there is on the Trump economy. You can get
• 0:12
  Speaker 2: it at Amazon. Also, he runs the committee to Unleashed
• 0:15
  Speaker 2: Prosperity and they put out the best daily briefing, news analysis.
• 0:19
  Speaker 2: It's free, come right to your email. Just sign up
• 0:22
  Speaker 2: for it. Go to Unleash Prosperity dot com. Steve Moore,
• 0:26
  Speaker 2: how you doing?
• 0:28
  Speaker 1: Hey, I'm doing well, Mark, how about you? I'm hoping
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  Speaker 1: we we get this war over with in a successful way,
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  Speaker 1: and I ran so we can see the price of
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  Speaker 1: gasoline go back down to where it was, and I
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  Speaker 1: expect that fully. I agree with Trump that once we
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  Speaker 1: get the straits of Hormos open, and once we start
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  Speaker 1: to get some of the infrastructure rebuilt that was bombed
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  Speaker 1: by the Iranians, We're going to be headed right back
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  Speaker 1: to low gas prices that we had before the war started.
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  Speaker 1: And with Trump's pro drill baby drill policies.
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  Speaker 2: Yeah, I know we're having a temporary spike. It's not
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  Speaker 2: as bad as the Biden days, but it's a spike
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  Speaker 2: and in the end, if everything works out successfully, we
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  Speaker 2: could have lower gas prices than we had a month ago,
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  Speaker 2: right we could.
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  Speaker 1: We may very well. And look, the world is a
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  Speaker 1: wash in energy and better way. This is pretty amazing
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  Speaker 1: that the number one country that produces oil and gas.
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  Speaker 1: You know what country that is?
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  Speaker 2: United States?
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  Speaker 1: Yeah, well there now the number one producer of oil
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  Speaker 1: and gas. You know that from reading the hotline right
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  Speaker 1: this morning. And we've surpassed Saudi Arabia and even more amazingly,
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  Speaker 1: I was shocked about this and that we are now
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  Speaker 1: a net exporter of oil gas for the first time
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  Speaker 1: in forty years. In other words, we're producing more oil
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  Speaker 1: and gas than we consume. So you know, this drill baby,
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  Speaker 1: drill strategy works. But there's a global price. See, people
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  Speaker 1: are confused about why is it that the price of
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  Speaker 1: gas has gone up here even though it hasn't disrupted
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  Speaker 1: our supplies of oil and gas, just the in oil
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  Speaker 1: in the Middle East. And answer is because it's a
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  Speaker 1: global commodity. So you know, even though we're producing as
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  Speaker 1: much oil and gas as ever here in the US,
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  Speaker 1: when you get a big disruption like you're seeing in
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  Speaker 1: the in the Middle East with the Saudi Arabian oil,
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  Speaker 1: et cetera. That that will cause the price to rise everywhere.
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  Speaker 1: So but anyway, it's a policy. Can you imagine, by
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  Speaker 1: the way, Mark, if we had not done drill, baby drill,
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  Speaker 1: we'd be paying eight nine dollars a barrel of gas.
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  Speaker 1: And by the way, I was on a radio show
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  Speaker 1: this morning in California. There are some gas stations they're
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  Speaker 1: paying eight bucks a gallon in California.
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  Speaker 2: Yeah, their average is over five dollars. Now that is
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  Speaker 2: mostly due to Newsome in his climate change nonsense.
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  Speaker 1: That's right, that's right. So this is what's so ironic
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  Speaker 1: as Gavin Newsom, who's the leading contender for the Democratic
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  Speaker 1: nomination in twenty twenty eight, running around the country saying, oh,
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  Speaker 1: you know, Donald Trump is causing gas prices to rise.
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  Speaker 1: I'm like, wait a minute. You know, where are the
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  Speaker 1: gas prices the highest in California by a mile. You know,
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  Speaker 1: there are about a dollar fifty above the national average,
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  Speaker 1: and gas prices there because of his own policies, and
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  Speaker 1: then he blames on Trump for that. But look, I'm
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  Speaker 1: confident we're going to see these prices come down, you know,
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  Speaker 1: in a few weeks and that'll be blessed relief.
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  Speaker 2: Yeah, you know. Newsome also his state, California has a
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  Speaker 2: seventy cents a gallon tax on guests. How do they
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  Speaker 2: justify something like that.
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  Speaker 1: Yeah, there's a big debate in the in the legislature
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  Speaker 1: there in California about why don't we suspend the gas
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  Speaker 1: tax for a while while, you know, and then when
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  Speaker 1: they and the Democrats all voted that down. You know,
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  Speaker 1: by the way, it's the Blue states that have the
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  Speaker 1: highest the gas prices. So the states with the highest
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  Speaker 1: gas prices there are California number one, Washington State number two,
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  Speaker 1: Hawaii number three, Oregon number four. You know, you just
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  Speaker 1: go down the list, and New Jersey has high taxes. Incidentally,
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  Speaker 1: there's another story related to this, because I know you
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  Speaker 1: have so many listeners in the New York metropolitan area
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  Speaker 1: New Jersey. Did you see that the New Jersey is
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  Speaker 1: losing one of its oil companies that's moving, I believe
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  Speaker 1: to Texas. See what a shock. Yeah, and I think
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  Speaker 1: it's the exon of New Jersey. And so you know,
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  Speaker 1: Standard Oil was basically practically founded in New Jersey and
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  Speaker 1: now they're moving out. I mean it just shows these
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  Speaker 1: high tax states are getting killed by the low tax
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  Speaker 1: blue states.
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  Speaker 2: Even the founder, as you report, the founder of Starbucks,
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  Speaker 2: Howard Schultz, is leaving Washington State to move to Florida.
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  Speaker 2: Hot did she everything you see that happen?
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  Speaker 1: Yeah, I mean it's funny. And by the way, Schultz
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  Speaker 1: is a liberal guy. I mean he's a bleeding heart liberal.
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  Speaker 1: And even he's moving the low states up, that means
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  Speaker 1: you're gonna see a lot of billionaires moving to Texas
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  Speaker 1: and Florida and Tennessee and states that don't impose income taxes.
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  Speaker 1: And that's why. By the way, New Jersey, you know,
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  Speaker 1: until the I think it was around the mid nineteen sixties,
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  Speaker 1: did not happen in tax and it might have been
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  Speaker 1: in the early seventies. Day about the income tax. Now
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  Speaker 1: you have in New Jersey as the one of the
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  Speaker 1: highest income taxes in the country. And gee, is it
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  Speaker 1: surprising people are leaving New York, New Jersey, Connecticut with
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  Speaker 1: the high income taxes. I don't think it is.
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  Speaker 2: Yeah. Now, for a young Democrats listening right, explain this
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  Speaker 2: to them. Florida, no income tax, Texas, no income tex
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  Speaker 2: Yet they're booming, aren't they.
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  Speaker 1: Yeah, And they have a lot of their budget surpluses,
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  Speaker 1: whereas New York, New Jersey, Connecticut are struggling with the
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  Speaker 1: highest income taxes to balance the budgets.
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  Speaker 2: And what's the secret of that? Just hold your costs down,
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  Speaker 2: control your budget.
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  Speaker 1: Well, if you have if you have nine states that
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  Speaker 1: have no income taxes, we do in the United States,
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  Speaker 1: and they're growing twice as fast as the states that
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  Speaker 1: have high income taxes. Do you know the answer to this?
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  Speaker 1: Maybe those high income tax states when they want to
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  Speaker 1: lower their income tax rates, But in New York and
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  Speaker 1: New Jersey they talk about raising them again. California is
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  Speaker 1: talking about an eight percent wealth tax on top of
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  Speaker 1: the highest income tax. I mean, these Democrats, all they
• 6:02
  Speaker 1: want to do is tax, tax, tax, spend, span spend.
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  Speaker 2: Yeah. Hey, Steve Moore in the hotline today, this is
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  Speaker 2: a great idea the TSA. You talk about privatizing them.
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  Speaker 2: It makes perfect sense. Wouldn't that save us a fortune
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  Speaker 2: and be more efficient?
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  Speaker 1: Yeah? I mean people are very frustrated with how long
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  Speaker 1: it takes to get through the I travel a lot.
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  Speaker 1: I know you do, and I know a lot of
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  Speaker 1: your listeners do, and you know when you go to
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  Speaker 1: the TSA. Now, especially that the government, that agency of
• 6:28
  Speaker 1: government has been shut down, thank you, Chuck Schumer. It's
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  Speaker 1: at some point some cities it's taking two to three
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  Speaker 1: hours to get through TSA and to get through the security.
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  Speaker 1: That if we had a privatized system, you could get
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  Speaker 1: through in fifteen.
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  Speaker 2: Minutes, really and save a lot of money in the process,
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  Speaker 2: wouldn't we.
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  Speaker 1: You would save a lot of money. Yep.
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  Speaker 2: Yeah, so yeah, But when they the airline businesses, the
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  Speaker 2: Trump has always said the worst business in the world.
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  Speaker 2: You're always going to lose money in the airline business.
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  Speaker 2: But that doesn't mean that airports have to be run inefficiently.
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  Speaker 2: That's a whole different business, isn't it.
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  Speaker 1: Yeah, why does the government have to run airports? They
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  Speaker 1: don't run anything very well. They don't run the postal
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  Speaker 1: service very well. They can't balance the budget, they can't
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  Speaker 1: fight crime, they can't do any of the financial stuff.
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  Speaker 1: So why would we Why would we turn over that
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  Speaker 1: operation to UH to government employees. I guarantee you we'd
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  Speaker 1: have a much more efficient system if if the airports
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  Speaker 1: and the and the and the TSA security was done
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  Speaker 1: by private employees. And by the way, the reason the
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  Speaker 1: Democrats don't want to do that is because they're all
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  Speaker 1: government employees and they're all members of unions.
• 7:36
  Speaker 2: Well, if you want to read stories like the great
• 7:38
  Speaker 2: news and analysis, the best daily briefing comes from the
• 7:41
  Speaker 2: committee to Unleashed Prosperity. And hey, you put it out
• 7:44
  Speaker 2: earlier this morning. I like that.
• 7:48
  Speaker 1: Not much better just in time for you, Mark, much
• 7:51
  Speaker 1: better time for your show.
• 7:52
  Speaker 2: Well, Steve Moore. Everybody gets Steve Moore's book, The Trump
• 7:55
  Speaker 2: Economic Miracle, and sign up for the hotline. Go to
• 7:58
  Speaker 2: Unleashed Prosperity. It's free. Just sign up for It's Steve Moore.
• 8:03
  Speaker 2: Thanks for being with us.
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  Speaker 1: Okay, Mark, have a great day and great weekend.
• 8:06
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• 8:09
  Speaker 2: briefing and analysis. Just go to Unleash Prosperity dot com.
• 8:13
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• 8:15
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• 8:18
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• 8:21
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• 8:27
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• 8:32
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• 8:36
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• 8:40
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• 8:54
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