35 Burst results for "Kudlow"

How Stephen Moore Came to Advise Then-Presidential Candidate Donald Trump

America First with Sebastian Gorka Podcast

01:47 min | 4 months ago

How Stephen Moore Came to Advise Then-Presidential Candidate Donald Trump

"Second, but for those who may have heard you regularly on my show or when they tune in to newsmax or Fox, but they don't know the Stephen Moore story. Will you tell us how you got to be advising presidential candidates and then presidents, so give us a potted story of the more journey. I can tell you about meeting Trump for the first time if I may suggest because I've got a confession to make before I met Trump. I didn't like him very much. You know, I was a cruise guy way back when? Sorry? Were you a cruise guy originally? No, no, I was actually a Rand Paul guy. I'm pretty libertarian and I was well, I was helping ran. And I still love ram Paul, he's one of my favorite senators. And I remember Larry kudlow and I got a call from Donald Trump's office saying the gun candidate Trump. This was in late 2015. Would like to meet with Larry kudlow and myself and go to Trump Tower up about Fifth Avenue and I know you've been there are many, many, many times. And so, you know, I was curious about Trump. You know, I was curious about how he would have so many followers and such a short time. And, you know, there was something going on with trumpism. So I did want to meet him, but I didn't have that positive opinion of him. Until I went to his office and the first thing I noticed about Trump was that the people who work for him, the people around him loved him. And that tells you a lot about somebody. Are they treat the people that are around them? And they just thought he was the greatest thing on earth. And then I'll never forget Larry kudlow and I went into his office. You were in that office many times I know Sebastian. And we spent well over an hour talking to Donald Trump about everything. And he loves to

Larry Kudlow Ram Paul Stephen Moore Donald Trump Rand Paul FOX Trump Tower Sebastian
Joe Biden Is Totally Backwards When It Comes to Inflation

The Trish Regan Show

01:18 min | 5 months ago

Joe Biden Is Totally Backwards When It Comes to Inflation

"If we can cut back on this inflation now, that would be really, really helpful. I don't know how much they're going to be able to rein it in. Sometimes, once this thing's left the station, it gets very tricky. But Jerome Powell promising that we're going to get three hikes in 2022. So interest rates are going up. So, you know, if you're going to refinance your house, you probably want to do that sooner rather than later. In the meantime, Joe Biden's answer to all this inflation is, oh, let's print more money. Hey, why not have more social programs where we give out more checks and we just flood the system with more money? Listen, buddy, once again, those 12 year olds advising you at The White House. They don't get it. They don't understand it. He does not have. I'm just going to say this and I know the entire Trump economic team. I've known them very well. One of them was my former ghost. In TV. Kudlow, Larry kudlow, of course, and then Stephen Moore was there a really smart team of gifted economists that understood lower taxes less regulation would equal more prosperity. We don't have that there right now. We have a bunch of people that think, oh, if we just tax everybody more, let's tax Elon Musk some more. So we can discourage him from having a business thrive here in the United States of America. These guys have it all

Jerome Powell Joe Biden Larry Kudlow Buddy Kudlow Stephen Moore White House Elon Musk United States Of America
"kudlow" Discussed on CATS Roundtable

CATS Roundtable

01:55 min | 8 months ago

"kudlow" Discussed on CATS Roundtable

"But. I think it's here to stay and i think there's a big battle these governments you know including china but frankly united states governments central banks. Don't like cryptocurrencies because they're challenging the power of the state and i have to tell you typically where money is concerned. I kind of like that. I think this data reserve these other central banks should be jobs. I don't see anything. Wrong with crypto-currencies i mean. I think it's a risky investment very risking since i also see a lot of stores banks vendors are taking bitcoin coin Or they're taking coin base. And i think that is a trend. That's developing from the grassroots. And it's here to stay. You can't crush but look. China wants to crush private enterprise. That's the big problem but try and that's why people should be very very wary. I would stay the heck out of china. And i really am trying to organise my son. That's i've i've always agreed with former president trump on this. Why should american investors help. China finance their military buildup. They're not our friends. John not our friends and what they did to hong kong's democracy. They'd like to do the same thing to taiwan. And they're taking advantage varma. Mistakes in afghanistan is not a good story with china they are our adversaries and i think increasingly they are enemy so i would be very careful. I steer clear china. Larry cudlow thank you so much for coming and thank you for your commonsense and thank you for steering commonsense americans. Right direction can take care. Thank you have a great weekend..

china united states varma Larry cudlow hong kong taiwan John afghanistan
AOC's Bill to Extend Pandemic Unemployment Benefits Spoonfeeds Socialism

Mark Levin

01:52 min | 8 months ago

AOC's Bill to Extend Pandemic Unemployment Benefits Spoonfeeds Socialism

"On it. But another big story that has been the talk of the town today and I'm no, I'm no Larry Kudlow right when it comes to financial news. But the Dow tumbled 900 points as Wall Street's fears turned to China. Jane and this is bad and the reason it's bad is because people are losing their shirts. And have the potential to lose their shirts. Now we saw this. This plummet in Wall Street. And it's because of all this speculation over ever Grant this Chinese, this huge Chinese company that owns tons of real estate and is slowly becoming insolvent. And this is a problem. That is not only going to affect China's economy and send a massive blow to their economy. It's going to send a massive loader our own economy. And In the midst of all of that AOC all out crazy herself. She is, I guess. Maybe, um, thinking, let me take advantage of every good crisis I can find. And she says, you know what? We're going to extend the pandemic unemployment insurance, and I say, Hey, let me get some of that right there Giving out everybody Let me get some. But AOC. She's going to introduce a bill to extend pandemic unemployment assistance benefits, which expired in September. She talked about this last week and talked about introducing and I think, put it out there, but She's back. And she's saying this, uh, virtual town Hall. Sand, blah, blah, blah. We're going at it. We're doing this thing. Now I think that she may gain some traction with this. I'm not sure. I really don't know. But I do know that if we continue to do this The result is the same. And what I mean by that is Money that's constantly coming in from the government that isn't being earned by the people and again unemployment insurance is a different story. But that may be the easiest way to spoon feed

Larry Kudlow China Jane AOC
Larry Kudlow Calls out Biden for Saying Businesses Don't Pay Their 'Fair' Share

Mark Levin

02:23 min | 8 months ago

Larry Kudlow Calls out Biden for Saying Businesses Don't Pay Their 'Fair' Share

"How does all of this effect we talk about the middle class? How does this all affect The middle class, which Biden is trying to do is going to improve their wages. Is it going to improve their their savings? It isn't going to improve their job stability and so forth. It's going to do great damage. And I just wanted to spend a moment. On this issue of profits, corporate profits. Which Biden wants to task. More heavily and reverse the trump tax cut. So look. You want a good paying job? You need a good business. You need a stable business. If you're taxing their profits away. What does that mean? That means they don't have enough money. To keep the business growing. They don't have enough money to keep paying good, higher wages. They don't have enough money to prime the equipment. To increase productivity. You cannot operate mark without profits. Profits are the mother's milk of stocks. And like I say, there's 100 and 25 Million Americans in the stock market. It's not 10 billionaires. Okay, It's a half of the working population or in the stock market. But the bigger point is wages. Wages. You raise the corporate tax. Lower profits. That means you have to lower wages. That's what the business has to do to stay alive or until the business goes extinct. Now here's the big live. The big lie that died made again today and it's part of the old left ribs. Is that companies either don't pay any taxes. For companies pay too little in taxes. They don't pay their quote their share. Well, they do. I beg your pardon. We have had a profit boom post pandemic. Tax revenues are rolling in Mark. The government is bowling and cash right now. Okay, so who's going to suffer? 100. Listen to this. $100 billion. And profits. For the S and P. 500 companies, the biggest company 100 billion will be long. As a result of Biden's tax hikes, and

Biden Bowling Mark
Larry Kudlow Breaks Down Biden Taxation Proposals

Mark Levin

01:58 min | 8 months ago

Larry Kudlow Breaks Down Biden Taxation Proposals

"Speech today. Was just The usual Left wing. Progressive Pap. He wants to level the playing field. It's all about class work there. We're going to take from the rich. Who, of course, don't pay their fair share of taxes. And we're going to give all these new Government welfare programs. And by the way, not a single one of those programs has a work requirement or an education requirement. There will be completely dependent on the state. The worst part of it to me is just the factual lies by To say that you have lots of corporations who don't pay any taxes. Lots of rich people, quote unquote who don't pay enough taxes. Their fair share, and we have to level the playing field. Look at. I don't want to level the playing field. I want to raise the playing field. I want to expand the pie. I want ordinary middle income blue collar wage earners to get more wages. To have better equipment and technology so they can be more productive. Then their family incomes will go up, all of which happened following the trump tax cuts. The Biden tax increases are going to reverse everything here. I mean, it's just the idea that $400,000 Nobody under $400,000 don't pay higher taxes. Well, think of it. This. First of all the joint tax committee shows that that's untrue. That people there's a little bit you're right below and the 30,000 that has something to do with the implementation of the child tax credit. But the main thing here is People around 100 or $200,000. $300,000 You know you're talking about families. Families we're talking about. It could be two incomes.

Joint Tax Committee Biden
"kudlow" Discussed on CATS Roundtable

CATS Roundtable

04:57 min | 9 months ago

"kudlow" Discussed on CATS Roundtable

"Budget resolution because there's too many taxes and too much spending. They are in favor of the infrastructure Separate the two so I don't know that. Afghanistan has much of an impact on that. I do know that. A lot of democrats up for reelection in tough marginal districts. I think They're going to distance themselves from mr by so we'll see how that plays out. I think pelosi does not have the boats right now Either a to to get infrastructure before reconciliation or be to get the reconciliation bill at all. I don't think she has about some nicer sexual. There has about either kind of be some common sense as a lot of commonsense democrats that were scared of the extreme left and and they will bowing down. But i think at this point they gotta come to a reality. That our country's danger and america's under attack. Well i agree. You would think so john and i think there's some of that out there. I mean look hasn't polls are heading down at a pretty rapid rate now. This is a function of afghanistan. But even before this you know the last six or seven days even before then. His poles were dropping because folks don't want gigantic spending particularly during an inflationary period like this and they don't want all these taxes i mean. Small businesses are gonna get slammed by detached. Because you know and family owned farms. Answers are gonna get slammed if they start to tinker with the With the estate tax and Races explorations you're taxing the workforce because you're taxing profits and they won't be enough profits to give the workforce pay increases or to invest in new technology to make the workforce more productive And so i think there's already backing away. The question is how do the politics play out on the floor of the two houses. And i think it's going to be tough out afghanistan's not going to help that. But i i think the.

pelosi Afghanistan afghanistan america john
"kudlow" Discussed on CATS Roundtable

CATS Roundtable

04:22 min | 9 months ago

"kudlow" Discussed on CATS Roundtable

"We're back This is john catch. Mckee's wabc and we have a full studio. I'm i'm on the beach in on island waiting for the big hurricane and who knows how big but do we have. Larry cudlow on yet. We got larry cudlow. Larry kudlow the the roller coaster ride with the markets. What the heck is going on. You know we we know we're in a big jamming afghanistan. But maybe maybe the investors are saying good riddance. What say you well look at The afghan business is a catastrophic failure. But it's not going to bring the country down not gonna bring the economy down It's not gonna bring document frig. America dow we've been through word. It's a very difficult situation and my only concern. The look the only link. The only link that i can find is that the taliban is a terrorist operation. I i don't know if they're going to become the government they may well become the new government. We won't recognize them. Probably china and russia will the united states. nato countries won't recognize him. The worst part of the story is not only that the taliban is taking over but also the taliban will harbor other terrorist groups They've always harbored al qaeda brooks Either it afghanistan and or pakistan. So you don't know you know. They'd sponsored terrorism. Who knows they're going to come after us at some point. We'll cross those bridges rowley. Get to them the rest of the story. Look the economy's fine We're gonna be growing at six percents for the next few quarters. I think the stock market is still holding the high ground. Where at near record highs across the board and a lot of the economic news continues to be strong. I'm particularly interested. This past week Industrial production was very strong. Manufacturing was very strong business Cap ex spending on equipment and technology is very strong so i like that story. The next big thing at home and that's big thing at home is the budget resolution and reconciliation bill because That has the potential for excess spending excess inflation and high taxes which will do great damage to the economy. I've always argued if it ain't broke don't that's and it's not broken and they shouldn't fix fix it and the fix being proposed.

john catch Larry cudlow larry cudlow taliban Larry kudlow Mckee afghanistan America nato al qaeda rowley russia china pakistan
"kudlow" Discussed on CATS Roundtable

CATS Roundtable

04:19 min | 11 months ago

"kudlow" Discussed on CATS Roundtable

"Pretty damn annoyed because they went out on a limb as did the republicans they went out on a limb. I mean you got portman. And you got bill cassidy and you got susan collins and so forth and on the other side you've got cinema and mansion and a few others That's why there's gonna be so hard for them. Now biden calls and other cinema zona democrats to try to hustle her In support of this linkage between the infrastructure deal and the rest of their crazy spending and taxing end. But i guarantee you. She is not going to flinch. She put herself on a lot. I think even mansion who is less trustworthy a big problem with this. I mean you can't. This is like sophomoric in this game. No news is good news. No guests is good guests. No reconciliation is great records. I don't want them to do any of this stuff. I don't want them to transform the american economy. I want to improve the economy. I don't want to transfer the economy. I don't wanna transfer transform our social values our history our culture. I don't want to transform race relations into some divisiveness that we have today. And i sure as heck don't want to transform anti growth anti investment anti worker. You know the biggest beneficiaries of a low corporate tax are not rich people. There's the blue collar middle class. Seventy percent of the burden of the corporate tax falls on the blue collar middle class. If you raise that you're going to do great damage. And and incidentally a lot of these things thanks. Rice university The tax foundation the penn wharton model have shown How bad the economy would be if these crazy plans go through. When trump's tax cut passed this is why all the republicans are united mitt. Romney everybody rob portman the cut in the corporate tax of play seventeen lead directly to the biggest increase in real worker wages and several generations and the lowest unemployment rates for minority groups and the drop in poverty and these republicans know that and some of these democrats know that and biden is trying to overturn it. If he does overturn it'll be a disaster but the great part about this is this is going to make it harder. And to overturn. And that's why i go back to rob portman note. I'm looking at no income tax semi colon no changes to twenty seventeen tax bill and then solely poor infrastructure priorities not human infrastructure. So that tells you that. They've got screwed. That's not gonna help by..

trump Seventy percent Romney bill cassidy susan collins Rice university republicans portman today rob portman democrats biden penn twenty seventeen american seventeen play
"kudlow" Discussed on CATS Roundtable

CATS Roundtable

03:51 min | 11 months ago

"kudlow" Discussed on CATS Roundtable

"I don't know that on saying is It was an absolute bayton. Switch an absolute double cross and the thing is it's not gonna help them. Okay it's gonna make biden look really bad. Republicans are furious there. Moderate democrats signed onto this thing like for example cinema of arizona. They thought they had a deal. And now he's saying they don't have a deal. I mean i got foreman's notes and i'm reading this solely core infrastructure not human infrastructure and no income taxes no changes to the twenty seventeen trump tax. Cut bill so and if there's anyone that's unreal integrity in the senate it's senator portman and he's not running for office again. There's no reason why he would do anything. But tell you exactly what the truth was. Thought this was good faith and the thing is they were negotiating directly with the president and then they go out of the west wing in front of the mike what we call the sticks and they make their announcement to the assembled political reporters which means the rest of the world and by you know says yeah fine. They're all slapping each other's back. There's a great picture of biden slopping. Portman bat it's fantastic and then an hour later. He completely changed. Do you think this administration is crumbling. In this way. They just lurched one way and lurch the other for the funding. The police now. They're now they're all they wanna fund. The police talk about stem racism. And now they're an and other all no no. New york's united states is not racist They were hitting voter ideas before now they think. Voter ideas are just voted. Idc just fine. I mean is this administration rumbling under the weakness of the president iowa straight to far off this particular topic. I mean i think it's very far left administration. And i think it's run by the very far left the democratic party And i think eric adams winning the democrats in new york city mayor is a very good sign at least on the question of law and order but in politics in government. Let me say in government. Listen i've been there you can't do. What biden did and not escape the political consequences etc. Actually i would tell you that this Tactics employed of bait and switch gonna wind up hurting them. And here's something else that's very very important. You can talk about reconciling Three trillion spending and three trillion in tax hikes and the green new deal. And all the rest of the. But i call pre berlin wall Bulgarian worker's paradise utopia. You can talk about that all you want. But they don't have a budget resolution. You have to get a resolution through the senate and house budget committees all of the relevant spending committees have to come up with their ideas and channel them through and then they try to construct a reconciliation package between the two houses. They don't have that they're nowhere near that. So we're we're in no man's line. It's gonna take months for this to get done by the way i think it's why the stock market rally big time. Because it's a step back from this crazy you know. Anti-growth anti investment anti free enterprise agenda. They have they think they got around. I'm telling you they lost ground in full public view. We don't know which way we're going to. I guess the greatest could happen right now is impasse. always the democrats are asking for is a little bit of craziness. Democrats who are involved in this infrastructure deal are.

eric adams new york three trillion Three trillion Republicans Democrats Portman two houses an hour later iowa berlin wall arizona trump biden New york's united states democratic party senate tax portman one way
"kudlow" Discussed on CATS Roundtable

CATS Roundtable

05:20 min | 1 year ago

"kudlow" Discussed on CATS Roundtable

"It would utterly decimate every part of this economy. You couldn't do it. We don't have the resources. That's why general motors went bankrupt While back you know why larry. Every year they made the car a ten percent smaller and charge ten percent more. So if you may get ten percent smaller trucks tempus more somewhere decapa. Hit the fan. Yeah that's just. Let's just say that. I should say the break. Even point gets higher and higher. Very i wanted to add one more thing. John herron second lydia. Just gm lydia. I want her know mary barra very well. It's a very smart woman. She was headed development of general motors. And now she's been. I never very well. She's very smart. That's why it's just case. She believes by twenty thirty five. Every gm car will be electric. Okay and of course the vast majority of it's going to be built in china and the resources are gonna come from science but we can't get because of what this chat mark mills the saying. Surely mary barra is aware of the fact that we can't get hold of the critical minerals to do it. We just can't do it. The supply will never reach the demand. Would it would take a hundred years. We learned our lesson. Larry from having china produces ninety percent of our antibiotics. If they get if they get sick they have the alex reboot. Well that's that's an important point. And that's what's so surprising. It's like people in the name of this new. Left-wing ideological religion called global warming. People are making very bad judgments and importantly look the report that this chat mill is was the international energy agency and this is a super government. Un government read the official documents even from the us energy department which puts out an assessment official documents and the former governor of michigan. That's a secretary of energy and now says that pipelines these good way to transport crude oil. And she say that Yeah she did. I love it. Was somebody better tell her. She better tell current governor. It's i know it's it's the first thing jennifer granholm said that i agree with in about the teen years. God lesser but the current..

jennifer granholm John herron Larry ten percent ninety percent china twenty thirty five michigan one more thing alex first thing second mary barra a hundred years barra teen years lydia mary
Biden Focuses on Capital-Gains Taxes

The Young Turks

01:52 min | 1 year ago

Biden Focuses on Capital-Gains Taxes

"Is going to be seeking new taxes on the rich including a near doubling of the capital gains tax for people earning more than one million dollars a year to pay for the next phase in his four trillion dollar plan to reshape the american economy. He will also propose raising its marginal income tax rate to thirty nine point. Six percent from thirty seven percent. Dear god the level it was cut to by president. Donald trump's tax overhaul back in two thousand seventeen We are expecting that is going to be the full proposal gonna come out next week. As part of his american families plan which would provide for paid family leave and free community college among other priorities. The white house has insisted the plan will not raise taxes on middle or low income americans which is reassuring to them. But we're concerned about the over emotional rich so let's go to some of the initial reactions That were had on. The larry kudlow show jimmy area. That capital gains came out. I wasn quick enough. I'm telling you. I had to read that headline about four times before i actually believed it. Felt like i was in some sort of weird daydream. It is there is absolutely no coaching. That can be made by anybody. In defensive doubling doubling more than doubling the capital gains tax. It's just as they know full. Well that not only will it not gain any more tax receipts from it. They've that side of the aisle has admitted that several different times it is such an economic negative. And i think in the long term you can actually even make a neutral argument for the stock market in the long term are more reluctant to sell to take it in the near term. They've probably some will want to sell to take advantage of the current capital gains and arguing with people. Some people were very smart. Economists saying oh this will never pass. I don't care it's been out there by the president united states a completely absolutely asinine tax. It just it made me sad more than

Jimmy Area Donald Trump Larry Kudlow White House United States
Kudlow Says Trump Should Get Credit For Vaccine

NPR News Now

00:36 sec | 1 year ago

Kudlow Says Trump Should Get Credit For Vaccine

"President. Trump has been under fire for months over his handling of the national health crisis. Today white house economic adviser. Larry cudlow came to the outgoing. President's defense saying trump should get credit for lifting regulations in pouring large amounts of money into the research unprecedented development of vaccines in a pandemic xioaming historic and science. A vaccine for a major virus like this in in in six months seriously. Give the guy some credit. He deserves credit.

Larry Cudlow Donald Trump White House
Blowout US economic growth in summer is already fading

Morning Edition

00:50 sec | 1 year ago

Blowout US economic growth in summer is already fading

"The Commerce Department is expected to report a record period of economic growth in the last three months. NPR Scott Horsefly reports that won't repair all the damage done by the Corona virus pandemic earlier this year. US economy rebounded sharply in July, August in September after a record downturn in the previous quarter. White House economic adviser Larry Kudlow promoted the forthcoming report on CNBC as a sign the U. S. Is digging its way out of the hole dug by the pandemic as quickly as it fell in You know my view that this is a strong V shaped recovery. Third quarter is gonna be a very positive quarter. No question about that. But even after a summer of record growth, the economy will be smaller than it was before. The pandemic growth has already begun to slow as winter approaches, along with a fresh spike in Corona virus infections.

Scott Horsefly Larry Kudlow Economic Adviser Commerce Department Cnbc United States White House
McConnell says any Pelosi-Mnuchin deal would get Senate vote

Sean Hannity

00:45 sec | 1 year ago

McConnell says any Pelosi-Mnuchin deal would get Senate vote

"At this hour, House Speaker Nancy Pelosi and the Treasury chief Steve Mnuchin are scheduled to talk again trying to narrow the differences over Corona virus relief. President Trump says he'd be willing to spend more than what Democrats want. And Senate Majority Leader Mitch McConnell now says if a deal is reached, he'd be willing to give it a vote. But White House economic adviser Larry Kudlow says it's not just about the bottom line. He's not going to sign onto some idealized, go political package that has nothing to do with covert or the economy, which is still a problem in the Democratic offering. So we shall see. President also says he doesn't think Pelosi really wants a deal before Election Day, and for now. Senate Republicans are focusing on smaller targeted proposals that Democrats have rejected before

House Speaker Nancy Pelosi Larry Kudlow Senate President Trump Mitch Mcconnell White House Treasury Economic Adviser Steve Mnuchin
Poverty rates continue to rise as virus relief talks fall through

Marketplace with Kai Ryssdal

05:40 min | 1 year ago

Poverty rates continue to rise as virus relief talks fall through

"What is at stake here for this economy as there is clearly no relief coming right unemployment numbers yesterday still hundred and fifty nine, hundred, thousand people industrial production is down people are spending the savings they accumulated when they were getting the six hundred dollars of extra unemployment money How okay. Here's a starting question. How bad is it? Well I. Feel like I'm I'm I feel like I'm always so gloomy when I come on your show that. The situation does seem like it's getting worse I mean the number of Americans in poverty has grown by. Sixteen million in the last few months. Based on some estimates. And it had fallen at the pandemic start because of government aid of that aid had helped, push up household spending the summer probably economy. But now it's really long gone I. Feel like we're definitely at risk of the kind of persistent economic as we saw after the financial crisis so that really matters but administration officials now say it's GonNa be hard if not possible to get something done before the election. As you know, the President says he's grappling with Anti Pelosi, over an aid package by you know, the president still has pretty big. Divisions as well with Mitch McConnell I'm the president is floating figures on north of eight trillion for potential aid package by Senate Republicans. Say the reluctant to go above five hundred, billion of quite a lot of distance there between them well, Catherine Pell that gets me to you and to a newsletter that you and I both subscribed to which the politico playbook right? It's you know political details, gossip items and lots and lots of news there there afternoon update today had this as this subject line. We regret to inform you that Larry cudlow is saying things again, Larry Cudlow of course is the president's chief economic adviser one of them anyway, and he is Once again, saying things about this economy that are simply not true. and I wonder how troubling that is to you. Yeah I saw that I wasn't sure whether to laugh or to cry when I saw that headline kudlow basically said, we shouldn't be worried about the many many people who are unemployed because they're all starting new businesses and this is just creative destruction at work and look at to the extent that new businesses are being founded. That's good news we want more business creation. The real problem is that we've lost many multiples of that presumably thousands and thousands of small businesses not because their business models weren't viable not because you know they were unproductive they were shut down because of this massive force of. This sudden shock of the pandemic and for many of them, it became unsafe to continue operating. So it's not as if created described destruction usually think of as something where the unproductive businesses go out of. Operation because they don't, it's not they don't deserve to survive what they just can't compete. You know that that the strongest survive and get replaced the the ones that are not replaced by stronger ones. That's not really what's going on here. It's not that these companies were unproductive they were viable they're out of business because. The pandemic still sucks and the government response to it sexist well and. You know they're they're essentially the victims of mass government failure at this point, I would argue so celebrating this as. A flourishing of American capitalism, which is what Kudlow hit essentially said I, think is a little bit wrongheaded. Yes. Celebrate the entrepreneurs but remember that entrepreneurs are also going out of business through fault of their own Joseph Schumpeter Peters, probably rolling over in his grave. I would also point out honest once in that Mister Kudlow said today Oh yeah. We could totally get Republicans on boarding pass this bill, which is simply not granted in fact as Mitch McConnell told his yesterday but I wanna to pull back from the American economic situation for a minute and and point out two things internationally, which were times normal. We would be all over on this program number one? Boris Johnson the Prime Minister of the United Kingdom of Great Britain and Northern Ireland said today yeah. We're GONNA have to do brexit without a deal with the European Union and that people just have to get used to that number one and number two reporting you've done the European Union is going to be allowed by the World Trade Organization tariff the United States over its Boeing subsidies and I just global trade goes on and we we seem not to be paying attention. Yeah absolutely. I. Mean I think there's the prospect right now some really significant trade disruptions on between the in the UK and between. The you in the United States while both. And the United States have these weak economies in their seeing no end in sight to their krona virus cases. So I mean with Brexit you know this is just the latest deadline that they blown through and tax will continue but the prospect of this no deal Brexit is definitely getting more real and that could mean you know massive gridlock at the ports. All kinds of problems this December when there is this real cutoff. And with the Deputy o'casey mentioned. The now has the right to impose a four billion dollars of tariffs on the US in a trade case. There was a similar case last year where the US had got permission to impose seven point five, billion dollars in Paris on Europe. So the question is, can everybody come to a deal here? That would roll back both of those tariffs are we are we gonNA see more tensions in higher prices on both sides of the Atlantic now

Mister Kudlow United States President Trump Mitch Mcconnell Brexit Larry Cudlow Atlantic European Union Catherine Pell Senate Joseph Schumpeter Peters Europe Boris Johnson UK World Trade Organization United Kingdom Of Great Britai Boeing Pelosi
Larry Kudlow says Trump has "approved" a "revised" stimulus package

Rush Limbaugh

00:45 sec | 1 year ago

Larry Kudlow says Trump has "approved" a "revised" stimulus package

"Testing positive for Corona virus now tops 50 seconds 6000 cases a day. Millions of Americans remain out of work and in limbo without a new relief deal. Some signals today, though the talks are back on after the president earlier this week told Republicans to stop Negotiating until after the election. White House economic adviser Larry Kudlow says President Trump this morning approved a revised cove in 19 stimulus package. Kudlow, calling it breakthrough stuff that will include the Economic assistance, direct mail checks. I think that's going to be in there, and I think airlines are gonna be in there, Carlos says. Treasury Secretary Steve Mnuchin and House Speaker Nancy Pelosi will be talking this afternoon. But he would not say when asked by ABC News when a deal could be announced. Karen Travers, ABC NEWS Washington. It's been one week since

Larry Kudlow Abc News Economic Adviser President Trump ABC Steve Mnuchin Karen Travers Economic Assistance White House Nancy Pelosi Carlos Washington
Larry Kudlow says Trump has "approved" a "revised" stimulus package

News and Perspective with Tom Hutyler

00:43 sec | 1 year ago

Larry Kudlow says Trump has "approved" a "revised" stimulus package

"A day. Millions of Americans remain out of work and in limbo without a new relief deal. Some signals today, though that talks are back on after the president earlier this week told Republicans to stop negotiating until after the election. White House economic adviser Larry Kudlow says President Trump this morning approved a revised Cobain 19 stimulus package. Kudlow, calling it breakthrough stuff that will include the Economic assistance, direct mail checks. I think that's going to be in there, and I think airlines are gonna be in there, Carlos says. Treasury Secretary Steve Mnuchin and House Speaker Nancy Pelosi will be talking this afternoon. But he would not say when asked by ABC News when a deal could be announced. Karen Travers, ABC NEWS Washington. It's been one week since President Trump announced he had tested positive for Corona

President Trump Larry Kudlow Abc News Economic Adviser ABC Economic Assistance Karen Travers White House Steve Mnuchin Nancy Pelosi Cobain Carlos Corona Washington
Mitch McConnell says a coronavirus stimulus package is 'unlikely in the next three weeks'

Wintrust Business Lunch with Steve Bertrand

00:32 sec | 1 year ago

Mitch McConnell says a coronavirus stimulus package is 'unlikely in the next three weeks'

"Congress, said today he does not think a stimulus deal will come together over the next three weeks. He spoke in Kentucky after President Trump apparently empowered Treasury Secretary Steven Mnuchin to resume negotiations with White House Speaker Nancy Pelosi on a larger Corona virus relief package. Spite nixing the talks in a Tuesday tweet White House economic adviser Larry Kudlow, telling reporters that developments are positive ahead of a telephone conversation set for later in the day between Pelosi and Mnuchin. Michigan's attorney general, says governor Gretchen Whitmer and her

White House Gretchen Whitmer Nancy Pelosi Larry Kudlow Economic Adviser Steven Mnuchin Congress Donald Trump Kentucky President Trump Michigan Attorney
Airlines Near 50,000 Job Cuts as American, United Feel Squeeze

BTV Simulcast

03:00 min | 1 year ago

Airlines Near 50,000 Job Cuts as American, United Feel Squeeze

"Couldn't wait for lawmakers in Washington to pause and use Chandler's bill already beginning to lay off thousands of workers. This add to the job concept announced across industries from energy to finance our global economics and policy. Aditya Kathleen Hays this year Kathleen the Airlines one bluffing when they said it was make or break time, I mean, we had from back in allies United Airlines. Why now? Why today Because they made it very clear that by this time by the end of the third quarter by the beginning of the fourth quarter, they would need to have more funding on the Sunday news shows. David Parker, the CEO of American Airlines. Made this point very clear. He was so optimistic that Congress the White House could get it together and get something passed. But they haven't In fact, so today this afternoon. No surprise. It was why the advertised American Airlines. Ling off 19,000 workers. Parker's saying that we're not done fighting. In fact, he says they can reverse the layoffs if aid is extended in the next few days, Congress adjourns November sees me this Friday, October 2nd And they'll be not back until mid November. So unless they change that the clock is ticking even louder. I guess you could say that United announcing 13,000 workers being laid off those job cuts also Beginning immediately. So, meanwhile, you know He said. It was just me. The House Democrats were supposed to vote on their their stimulus package, which is supposedly very much like the old 12 point to, maybe, but maybe raising a bit of $2.4 trillion But they postpone that before a meeting of Nancy Pelosi, speaker of the House, the Treasury secretary, Steven Mnuchin. They met for 90 minutes. They didn't come out with anything definite, however. Steven, you did say they're making progress. And then he was on Fox business today. And hey, said that quote here it is. The president has instructed us to come up. On the amount of stimulus they're willing to pass. Come up significantly, so we have come up from the $1 trillion deal. Wow. He also told Fox business he sees the stimulus bill costing between 1.5 and $2.2 Trillion. He also said that he and Mark Meadows, the White House chief of staff, spoke with the president before they had their meetings on Capitol Hill and Trump has already said that he's willing to pay up to $1.5 trillion to pass the paper pass a bill that big and also remember the Democrats. The Republicans Trump Mr Mnuchin. Larry Kudlow, the White House chief economic advisor have been talking about Let's do some targeted stimulus. This country brings us right back to the airlines. Why This is so highly visible. What It seems to be the element that is putting the pressure higher now for them to do something. Maybe this week.

David Parker Steven Mnuchin American Airlines Aditya Kathleen Hays United Airlines White House Congress Fox Business President Trump Larry Kudlow Washington Chandler United Donald Trump Nancy Pelosi CEO Advisor
40,000 airline workers brace for mass layoffs

America's Morning News

01:57 min | 1 year ago

40,000 airline workers brace for mass layoffs

"About 40,000 airline workers are facing lay off tomorrow unless Congress comes up with a miracle. A clause for the $25 billion. A package at the beginning of the pandemic prevented them from laying off workers, but that expires tomorrow. Congress has been considering a second round of airline aid for weeks, but it's hung up in the debate over a larger national relief package. Ohio Democratic Congressman Tim Ryan on the House Democrats latest coffer of 2.2 trillion on. That plan would revive a $600 per week jobless benefit and send a second round of $1200 direct payments to most individuals. Is this the moment for compromise with Republicans? Democrats? God, I hope so. I mean, when you see the rates of people who are worried about, you know, paying their bills, bankruptcy, losing their home, you know, evictions. Stiller out there small businesses, restaurants. Now is the time. I mean, if we can't do it now, it's not gonna happen. And, you know, now we're talking into November. I think we're gonna lose a lot of businesses that will never come back. We have to act now. Final question to some practical matter. Procedurally speaking, if it doesn't get on a fiscal stimulus doesn't get done before the November 3rd election is December 11th and next cliff, so to speak, when we could see stimulus moving People are trying to figure out when that stimulus is going when that is going to come on the calendar, my history and 18 years in Congress is that it goes up right to the deadline, so I would say Yeah, I would be probably early December. We don't go back till after the election. Then you have Thanksgiving and then a couple weeks in early December, so that would make the most sense. But I will get it done now because the ramifications when we're talking about December 11th as opposed to October 11th are significant for millions of people who will be really, really hurt by this. Ryan, Making those comments to Bloomberg negotiations with President Trump's administration over a bill remained deadlocked. Administration's promising tax cuts. If the president gets reelected White House economic adviser Larry Kudlow telling CNBC he expects an economic rebound, even with another without another around of the stimulus. Couple

Congress Democrats Tim Ryan Larry Kudlow President Trump Republicans Ohio Stiller Economic Adviser Cnbc Administration Congressman Bloomberg White House
White House's Kudlow cites worries Britain might shut down

Curtis Sliwa

00:41 sec | 1 year ago

White House's Kudlow cites worries Britain might shut down

"On Wall Street, the Dow's down 802 points. The White House economic adviser, Larry Kudlow is blaming much of that on concern about rising Corona virus cases in Britain on what the government's response might be if foxes summon Owen is live in London, ELISA British Prime Minister Boris Johnson is to address Parliament here tomorrow as one of his key advisors warns about rising case numbers. If we do not change course, then we're going to find ourselves in a very difficult problem. England's chief medical officer Chris Witty, saying infection rates are rising. Across most of the U. K. He says the forest is on course in his words to take off again. The British government says it wants to avoid a second national lock down, Lisa

Larry Kudlow British Government Boris Johnson Economic Adviser Chris Witty Prime Minister White House Owen Medical Officer London Britain Lisa England
Boston - Cape Hopes For 'Second Summer' Tourism As Businesses Continue To Face Challenges

WBZ Afternoon News

01:14 min | 1 year ago

Boston - Cape Hopes For 'Second Summer' Tourism As Businesses Continue To Face Challenges

"Owners hope to extend the summer season through October. W. B Z T V's Luisa Mueller has details after a stunted start to the season. The Cape is trying to capitalize on Corona Sania with a campaign called second Summer, aiming to keep visitors around into mid October. It's a crawl to the finish line for struggling Cape Restaurants like Boo Villas in province town there were slammed by the virus and a halt to work. Is this? Our gross income is almost up to 50% of what it was in our payroll is maybe down. 10%, the owner of the Lobster Trap. Inborn is hoping Sonny evenings will keep his outdoor seating packed past Labor Day and through October this year isn't gonna be a record breaker, but it wasn't his Disastrous as we had forecasted. What happens Come winter is anyone's guess. New restaurants or restaurants that were already struggling, aren't going to be here next year. The co owners of Orleans in say, their phones have been ringing off the hook lately as they attract locals from Boston, New York and New Jersey. White House chief economic adviser Larry Kudlow says the economy is well on its way to recovery. This's just

Cape Restaurants Luisa Mueller Corona Sania Larry Kudlow Boo Villas New Jersey Economic Adviser White House Sonny New York Boston
Larry Kudlow: US in ‘self-sustaining recovery’

Dana Loesch

00:25 sec | 1 year ago

Larry Kudlow: US in ‘self-sustaining recovery’

"Lisa Brady Fox News. That's how White House economic adviser Larry Kudlow describes the US economy after a third straight month of job gains, recovering about half the jobs lost to the pandemic so far. President, Trump says it's just the beginning. I think what's happening is you're gonna see tremendous growth in the very near future. We're rounding the curve. We're coming up with vaccines. I think the vaccines are going to be announced versus Joe Biden keeps hammering away

Lisa Brady Fox Larry Kudlow Joe Biden Economic Adviser White House Donald Trump United States President Trump
"kudlow" Discussed on WIBC 93.1FM

WIBC 93.1FM

02:01 min | 1 year ago

"kudlow" Discussed on WIBC 93.1FM

"Larry Kudlow, talking about the the pandemic and how that has stifled son of the speech. Let's listen in as well, now that John Peterson, who was speaking about the manufacturing sector services made in the USA. Since 1957. My brother and I purchased the business from my uncle's almost 38 years ago but was a 12 Person shop has now grown into a company employing 165 people today. Like most companies, they're successful over the long run. We had to reinvent ourselves as the market changed six years ago, we invested heavily in our business. Just as a greatest recession appeared. Barack Obama and show Biden Two career. Politicians who knew nothing about business couldn't get the government out of our way and it put our business in a tailspin. Sadly, we were forced to make decisions, which included cutting staff a tortuous experience when our employees are like family. Obama Biden era banking regulations left us no choice. It tied our lenders hands and try this of the life blood of our business capital. We scratched and we clawed for two years and then everything changed. Donald Trump was elected president. He knew what it was like to boot, built a company and create jobs. One of the first things he did was to cut red tape and put an end to draconian type banking regulations. He also cut taxes on small businesses, allowing us to be more competitive both domestically and internationally. In fact, we increase revenues by 25% for two years in a roll. By getting rid of the job killing NAFTA and negotiating the US Mexican Canada trade Agreement, President Trump ensured a more competitive Plainfield for American companies..

President Trump Obama Biden Larry Kudlow Barack Obama John Peterson president US Plainfield USA.
"kudlow" Discussed on WBZ NewsRadio 1030

WBZ NewsRadio 1030

03:16 min | 2 years ago

"kudlow" Discussed on WBZ NewsRadio 1030

"Kudlow says the trump administration is considering other incentives including smaller check the Democrats want the six hundred dollar a week benefit extended beyond July splash pad some playgrounds re open in Boston today governor Baker will speak at noon we'll take it live and this past weekend was the first weekend for outdoor dining across the state WBZ's Carl Stevens reports on how things went in downtown Salem there was a grinning vibrancy to downtown Salem over the weekend people were eating outside in the June sunshine Joe Keefe is general manager of the hotel Salem hit a soft weekend opening at the restaurant on the hotel's roof and had to close after lunch Sunday because he was running out of food what did you learn this weekend people seem ready to come back out there cautious and they want to feel safe and comfortable in your establishment but if you provide that for them than they are they're willing to come out there ready to come out and they want that experience and I could see that it's certainly not as busy as it used to be but it's a sign that the new normal is tiptoeing just a little bit closer to the old normal from Salem Carl Stevens WBZ Boston news radio coronavirus cases surge in twenty two states Porter Rico is also showing a rise in infections while other areas continue their plans to reopen more on this from ABC's Alex Krycek in Washington this morning New Jersey becomes the latest state to interface to a pre opening but across the country coronavirus cases on the rise at least twenty two states in Porto Rico have an increase in new reported cases that includes Arizona there have been twelve hundred new cases since Saturday Porter reported two thousand cases in twenty four hours for the second day in a row New York state is seeing its lowest number of hospitalizations and deaths since the pandemic began but the governor says there been twenty five thousand complaints filed against businesses violating social distancing and mask rules Alex per shady ABC news Washington more protests over the weekend in the Boston area will be joined by James Rowe Haas for a weekend local protest update right after this but right now it's an old three traffic weather together the Subaru retailers of New England all wheel drive traffic on the threes and good morning Kevin Brennan good morning there Lori watched some slowdowns here over in Charlestown it's actually route ninety died at Alfred street south bound coming out of every tall jammed up here you got that ramp getting out of Rutherford Avenue was shut down here for pothole crews hi everyone is detoured up around Sullivan square rotary to get back on Rutherford Avenue again these delays are pushed out of effort right now trying to get into Charles town on route ninety nine over on route one north bound the ramp to the westbound main street is shut down at Saugus for work today four ninety five south bound up behavioral got right lane bridge work today between river street and ward hill St the left to get around that out to the west one ninety south bound gets reduced speeds in the on going work here at exit six that's route twelve out that sterling stretch no troubles here on the mass pike between framing him in Boston but do keep in mind that ongoing work out in Brimfield Warren has you down to one lane each direction Southtown mid Cape highway west bound over a mile of stop and go traffic into the work after exit to hear in sandwich Kevin Brennan WBZ's traffic on the threes are Kevin thank you and we started.

Kudlow
"kudlow" Discussed on NewsRadio KFBK

NewsRadio KFBK

06:09 min | 2 years ago

"kudlow" Discussed on NewsRadio KFBK

"About Kudlow Kudlow was out earlier today talking about all the economies got I'll tell you what is going to be great is going to be great everything's going to be great sunshine above everyone's in love and he predicts all will be well when the virus goes away well look at you know there there's so many green shoots popping up in terms of early recovery that's what's given us I'm much more optimistic feeling I mean not all is well yeah I get that there's still a lot of heart break you still got a lot of people employed so there's a lot of heart burn on that and that's going to be a problem but but but but let me say whether it's the apple ability index which shows more people traveling by car whether it's new business applications which are soaring businesses are open automobile demand is strong housing demand is off the charts right now back to pre pandemic levels there are a number of these green shoots that suggests number one we are re opening number two the payroll data protection program didn't work so what she got instead of eighteen million people I'm temporary layoffs and job to fifteen million people three million people went back to work looking at this now hello I think virtually a hundred percent or ninety some percent of small businesses will re open in the next month okay so so god well I mean you hear what he had to say was that when the virus goes away so it really comes down to the question all of maybe that's what the store how this story ends how this story ends there there is there isn't a second way maybe the story ends with I mean come close as I've been doctor health experts then move move well you know there's so many green shoots popping up in terms of yes so let's try let me again in Florida highlighting you don't you're talking about you don't earlier about people wearing that doing the right thing keeping space wearing masks I tell you what I got any late like let's say subway or any other kind of restaurant nobody is wearing a mask in there the person behind the counter is not wearing a mask the only place I think during math honestly is probably fifty percent and like a Walmart or family of public zone Publix but besides that you have probably ninety percent of people not wearing masks and I think that's probably the better side of what's going to happen and I think that's where you're going to get this influx of people testing positive and and it's just gonna be there from there well all right so are you saying you think there will be a second wave or do you think this thing like Kudlow says that will just go away no it what you're doing there's I think there's actually going to be a second way I'm just waiting for it to happen because people are not using the precautions they think that because the businesses are open now things are back to normal when they should still be taking the precautions of six feet apart you know keeping your stage mothers wearing a mask and they're not doing any of that matter that's why I am one option sure that this is gonna is gonna be a a second wave come another few months interesting where intelligent so what do you make of the of the Republican National Committee having their convention or at least the the president's acceptance of being the nominee in Jacksonville he wants a full stadium I don't know where where there it will be but are you happy with that no I think that's just ridiculous I don't think I don't see how you can have a full stadium of people right now with the state of affairs where you know there's a rise again of people testing positive and and having to be put in the hospital since the government started opening up the country so I don't see how I am I understand what you're doing and I understand why you're doing it but I think it's just a bad call and I don't think that's smart to have a full full stadium at this point of time yeah well I don't know what to make of these polls because you're telling me one thing this is let's see this is socially to press it says it was conducted may thirtieth through June eighth man America speak panel designed to be representative U. S. population margin of error of plus or minus three percentage points but its says Florida is ninety one percent ninety one percent of the people are wearing masks it was seventy eight percent back on April first sorry I'm late April I'm sorry so seventy eight percent went up to ninety one percent I I see the New York ninety eight percent and I do believe that everybody in their brothers wearing a mask but you're telling me what you see in what so jaded press is telling those isn't the same in Florida right now I am not saying that number that the Associated Press is showing at all I get that I go into a fast food or some kind of gas station or something for that matter and most people I say ninety ninety five percent are not wearing masks and just walking in and walking by people they're not keeping space not doing anything they're supposed to be doing yeah New York I believe that that that ground zero and I.

Kudlow Kudlow
"kudlow" Discussed on 600 WREC

600 WREC

03:08 min | 2 years ago

"kudlow" Discussed on 600 WREC

"Kudlow refused to bend the knee to the German good for him notice the question gets repeated because the journalist is so take a wait are you really saying that there's no systemic racism in the United States that's what he's saying yeah we will hold on hold on a second hold on a second are you really saying that there's no systemic racism in the United States oh my gosh and Larry Kudlow's like yeah yes do you need me to keep yes that is what that is what I am saying and and if you look at the way you know what it really I suppose it defines how you did did the if you if you want to define a system as anything going on anywhere in any realm well then yeah because there is racism you can always say you know is the American system racist I mean there's racism that exists in America so is America responsible is it what is the American system you after you get into these release semantics back and forth on on what they're really even talking about but if you're discussing law enforcement discrimination by skin color is illegal for any law enforcement purpose there is that Rio that you cannot the others no racial profiling is all kinds of sensitivity training that's in place there there is no where in the law that makes it it makes it acceptable to be discriminatory discriminatory or racist and what what is exactly the systemic racism are talking about I mean here here here is a way of thinking about this Hey a strong majority a strong majority of insider trading cases are all white men in America all our insider trading laws racist no right it's just this is just way out there there are there's a law that is race neutral and the people that are violating that law just happened to fall into a certain demographic here here's another another way of looking at systemic racism with the systemic racism claim man as opposed to women are commits ninety plus percent of sexual assaults is these are laws against sexual assault systemically biased no I am in there there's a law you can't do the following things and people who break that law are punished irrespective of gender so you know if we're going to talk about systemic racism it has to be more than just a slogan where is the systemic because here's the thing if they can show me where the systemic racism actually exists I wanted going to I think that's terrible but what are we talking about now it's all agree that their systemic racism I agree with all of our other policy proposals because if you don't then you're saying there's not systemic racism and then then you're a bad person this is just about getting people to bend the knee god bless Larry Kudlow for saying now I'm not gonna put.

United States America assault Larry Kudlow
"kudlow" Discussed on WCBM 680 AM

WCBM 680 AM

02:40 min | 2 years ago

"kudlow" Discussed on WCBM 680 AM

"I've been questioning this for weeks for over a month not because I'm an expert but because I'm a rational and I take in the information and I'm trying to make sense out of it and it doesn't make sense and you can go back and listen to the archives you get really bored over the weekend I don't know why you would but feel free to go back two months and it is a shocking piece and I have to wonder if pro publica in NPR and the others are going to trash the reporters who wrote this piece for daring to question quote unquote the experts for during the question quote unquote the science ladies and gentleman the experts and the science are trying to catch up with the pandemic and decisions are being made based on what the experts at here's a perfect example where the hell did I put that because when you need to hear this climate depot our friend mark over there Larry Kudlow is S. you know what are we going to kind of move back to two more economic activity maybe open up the country a little bit more and so forth here part is what he says according to what's posted it will get worse this is a very deep contraction how much longer I don't really want to forecast this is up to the health people what is up to the health people how long we're gonna keep the government shut the excuse me the economy shut down ladies into its app that helps people I can't believe this now let me be if not the first one because I can't listen everybody on radio I'm doing my own work let me be the first among the first to say this we're now reaching a point with the modelers are wrong the experts are wrong and the scientists are wrong based on the data maybe they're getting better but we don't live in a quote unquote expert dictatorship we we leave it to the modelers.

NPR Larry Kudlow
"kudlow" Discussed on WMAL 630AM

WMAL 630AM

03:12 min | 2 years ago

"kudlow" Discussed on WMAL 630AM

"Lost in March Kudlow to his credit still came out to talk about the relief plan in future weeks of layoffs furloughs and downright business closures I know temporary can be very painful I understand that so try to everybody have a little optimism a little help a little prayer and we try to get through the weeks ahead that's we're putting as much cash in as we possibly can correspondent Bob Costantini at this hour the Dow is down four hundred eighty two points the S. and P. five hundred down fifty seven the nasdaq down one seventy six Dr Anthony Fauci says the pandemic is going to get worse before it gets better but he insisted social distancing is working covering your face when you're out adds another level of protection telling fox news the better part of valor is that when you're out and you can't maintain that six foot distance to where some sort of facial covering so this is an addendum and in addition to the physical separation not as a substitute for any White House coronavirus task force will be holding its daily briefing around five today and when that happens we'll bring it to you live here on WMAL Detroit MI while getting the country's first batch of the instant coronavirus caskets correspondent Elizabeth Cohen says the city is focusing on using them on frontline workers battling the pandemic so just twenty says that they're going to use it on employees that will help them make decisions about when people can come back to work this is really crucial when you're talking about first responders you really want to get them back to work as quickly as it is safe to do so and this test will hopefully allow them to do that local grocery store and pharmacy workers asking to be declared as first responders so they can get tested most people are staying at home but everyone has to go grocery shopping but in grocery store workers in close contact with the public the United food and commercial workers local four hundred is calling on DC mayor Muriel Bowser to designate those workers as first responders so they can get access to free dedicated testing sites and protective equipment a worker at a giant in Columbia heights tested positive for the virus a number of council members including Vince gray and Trayon white support the cause and states including Maryland have classified grocery store workers asked first responders had occurred SMW a mailing WMAL dot com production of corona beer is being temporarily suspended in Mexico because of the pandemic group modello the company that makes the beer posted the announcement on Twitter saying it's halting production and marketing of the beer because the Mexican government has shuttered nonessential business this is the end highs are bush and bev owned company also makes modello and Pacifico beers the Redskins have agreed to waive the fee that the city of Richmond's been paying to the team to hold their trauma kit training camp every summer Richmond mayor levar Stoney says it was a rotten deal to begin with with the city on the hook to pay the Redskins half a million in cash for each training camp season was supposed to be offset by business generated by having the skins in town that never happens and now the team is agreed to waive those yearly payments from Richmond it's been obviously rocky to get to this point but you know I think we held our ground and I think we're going to get mutual benefit from this as a win win Pierce county tells W..

Kudlow
"kudlow" Discussed on WTOP

WTOP

02:57 min | 2 years ago

"kudlow" Discussed on WTOP

"Kudlow considers it irrational pessimism but I just think everybody whether you're an investor or whether you're you know ordinary mainstreet person people showed up not overreact well more infections are expected in the U. S. the CDC's Dr Nancy Meissonier says he cannot escape is really low and that is a reflection of the aggressive containment efforts of the U. S. government the U. N. secretary general says the window of opportunity is narrowing for containment of the virus CBS news update I'm Pam Coulter WTOP at one thirty two some of you might be looking at your investments and you might be a little scared what about seniors who are depending on their portfolios and retirement CBS news business analyst Jill Slazenger digs a little deeper on that let's talk about people who are already retired because I think that that's really where you start to hear from people who get nervous they are saying I'm not still working I'm not putting new money into the market at these lower levels this does have to last me but I would also note that many of those people are way smarter than younger people because they didn't put one hundred percent of their portfolio in stocks likely they had some stocks they had some bonds and they had some cash now if you were maybe little kicking yourself at the end of last year for St and said like all I wish I had more money in the stock market this is proof that a Gers a diversified portfolio can really help weather many storms I would also note that you know for a lot of people in their early years of retirement there might be an ideal like I should get out of everything risky but you know your money has to last you hopefully ten twenty maybe even thirty years so just getting out wholesale is probably not the best idea for younger people are younger retirees and even younger workers the idea here is that you're going to feel nervous but you don't want that anxiety to prompt you to do anything you don't need to be thinking about this money it's ten twenty thirty fifty your money in some cases so try to remember that CBS news business analyst Jill Slazenger the spread of the corona virus has led to some disturbing incidents involving discrimination against Asian Americans and members of Congress are calling on their colleagues to help address the issue more now from WTOP's Mitchell Miller on Capitol Hill rumors and conspiracy theories have spread faster than the disease itself California congresswoman Judy Chu says some Asian Americans have been attacked due to a rational fears related to the virus and she says Asian businesses are taking an economic hit in my district for example restaurant owners have reported a fifty percent drop in business the experience has been the same for Asian owned businesses across the country members of the congressional Asian Pacific American caucus have written a letter urging other lawmakers to only share confirmed information related to how the.

Kudlow
"kudlow" Discussed on CATS Roundtable

CATS Roundtable

13:00 min | 2 years ago

"kudlow" Discussed on CATS Roundtable

"Good Morning America. This is the cats roundtable. TRONC cats Matiz here. Happy New Year and it is a New Year and with us today to give us his vision. Asian of what's twenty twenty. Two look like is a good friend. And he's President Director of National Economic Council. Larry a retired low. Good Morning. Mister how are you good morning John. I'm very well. Thank you. Twenty twenty came about pretty fast and we blinked is in twenty one thousand nine hundred away. What is your vision for twenty twenty? I know we have a couple of problems the last few days. But tell us how you feel. Well you know kiss In general terms I thought the big big story in twenty twenty was the stock market up almost thirty percent and I think First of all most. Nobody expected that to happen. And then that happened and it got stronger and the way I read it is the market is a very strong signal. A tremendous consumer and business confidence a tremendous signal of confidence. It tells me that the economy in the coming year is going to be even stronger her. Okay probably back into three percent. Growth Zone also tells me tremendous wealth creation. You got all these people over. Fifty eighty percent of American households are benefiting here from 401K's and IRA's and Various retirement plan and that includes John Pensions And Blue Collar workers and even white collar government workers who benefit from these pensions. We gained seven trillion. Okay seven trillion dollars in stock market asset value and that is going to get a gigantic push rush to the economy in twenty twenty. And I think that's the single biggest economic development which makes me very optimistic that that is wonderful. The other thing I think master charge came up with a statement that year over year year consumer for for the Christmas holidays spent like three and a half percent more which was a record high? I'm not surprised Again this is a confidence measure. And it's you know assets. People have more wealth John they tend to spend more and I think that's going to be a big story and I think look the other inside a twenty nineteen which gives me tremendous confidence for twenty twenty where a tremendous jobs performance throughout last last year. Again pretty unexpected and with an unemployment rate at three point five percent which is About a fifty year low and and you also had tremendous increases in what my former boss Ronald Reagan used to call. Take home pay after tax After inflation incomes went up five or six percent fact for Donald Trump's presidency three years into his presidency ordinary middle income. Folks have picked up five thousand dollars. Okay five thousand dollars if you're earning about sixty five two thousand a year you had an increase after-tax after inflation of five thousand dollars Because of tax cuts and economic growth that is a tremendous thing and inside that number if you look under the hood. Production and service workers gained faster than their managers. I did okay. The rank and file the people on the line ordinary folks in middle America actually at faster wage gains than their managers did. I haven't seen that since the nineteen eighties and I think it is that which is the backbone of the trump economy. Okay okay the ordinary production and service workers have had such a great run in the last several years because of trump's policies all cs and with nearly a hundred and sixty million Americans are working now. So I would say to you. The backbone of the economy is the ordinary ordinary folks. America is working. John America is working and we are in the midst of a middle class. Boom it is a blue. Oh car blew a boom. The likes of which we have not seen in forty years. When does the Trade Agreement Tree Mexico and Canada going correct That will happen very soon. They'll be a vote in Senate Early in this year and US MCA IS GONNA GONNA add heavily to economic growth Lot of estimates at the International Trade Commission which is Independent Commission suggested leads seven tenths of one percent of GDP to the economy Probably about three hundred and fifty thousand Jobs that will score every year. It's not going to happen right away. But as soon as that assigned people will start anticipating you know on that one How wage earners manufacturing is protected Farmers get market openings Which came it wasn't easy but we've got a tremendous market openings The New Economy benefited from intellectual property Rights that we didn't have before pujol services financial financial services stable concert. That's a big grower. And you know that trade deal goes along with a couple of other things right. They said President trump could again trade deals. They said he's protectionist. Well okay but he's a tremendous market openings including US MCA including China. The China deal will be signed. January teeth That too is going to add. Probably about a half a percent growth over a period of time each year to the American economy on me. These are tremendous accomplishments. That one too is going to cover. agricultural products is going to cover manufacturing necsports. It's GonNa Cover Energy at Sports. It's GONNA covered again. advances in intellectual property rights which is so important up for business and investors. As you undoubtedly know it's going to cover financial services it's GONNA cover Currency stability it will have strong wrong enforcement and dispute resolution provisions. So you know I had to that by the way a good deal with South Korea and I'll add add to that a good deal with Japan so the trade front is showing a number of trump victories. Veep prophetic couldn't do it. You know I just want to clarify one thing. People say well trump protectionist as bad for the economy and all this the reality is Donald Trump has always told me he would love to see a world old free trade okay. Zero Trade Tariffs Zero non-cap barriers and zero government subsidies and I've written a couple of op-eds at his direction. That was that's his vision. But of course that's not the real world. Okay that's not the real world wrote so he's showing us in order to follow policies that open markets protect American workers across the board whether you manufacture bachelor cart worker farmer whatever tech worker. He's made tremendous advances. We've never seen anything quite like this. And his vision. Oh I think is being confirmed. Look there's a possibility as we go down the Line of negotiating a free trade deal with England England with Britain does even possibility of negotiating something with the European Union. We made a little bit of progress that year. All these things are great at it. They open markets for America. which is the most competitive country in the world? We have the lowest tax rates. We've had tremendous deregulation Even today look at. We've had cheap and abundant oil because of trump's Deregulation a fossil fuels for example. And so you have this Shock to the system Where we kill the Iranian cares commander and his his cronies which I think was brilliant stroke by the president commanded absolutely brilliant stroke has a very minimal impact on markets or oil Price for my guess is going to settle back toward sixty dollars. It went up a few dollars today that just shows the strength of being the dominant enter energy country in the world. So when you take a look at trump's I call it the incentive model okay. He wants to reward success. He wants to open our economy Konami and he wants to open foreign economies to full competition. He's a businessman and the results have been studying and stocks and jobs in wages and economic growth things. That people said couldn't happen are happening. Larry cudlow that is wonderful news. I it seems seems like we're GONNA have a new energy. Going into twenty twenty leads can help keep the economy going ex rates. What's that mean w stable? Well actually that's interesting The Fed rates probably will be stable. I was reading today. A in one of the articles. That one of the sad Bag Presidents in the mid West said if the inflation rate stays down the door might be open for a lower target rate. I haven't heard that officially but you know one of the parts of this miracle as with more productivity the economy and with more cats and logical advances prices keep falling clothing. I had most prizes like ninety five percent of prescription drug prices. This actually falling not rising and of course we had to face very severe fed tightening in twenty eighteen and and twenty seventeen and they finally reversed course and the second half of last year which is a good thing minds you I wouldn't necessarily rule out Another fed move if the inflation rate stays below their targets and I think long term rates which as you know driven by the market not by the Fed. we'll stay in barry moderate range but one of the good parts of last year was that The monetary obstacle was removed. So that's that's a good thing. Well that sounds great. That will truly give us a happy new year and a great new year. All it all got less is to work card and make sure these policies these are free market deregulation tax cutting policies their trade opening policies. You know the protect America policies to send Tanaka policies. Let's keep it in place. That's going to be the messages election. We have a great boom boom going here okay. The middle class boom is. I've been calling it the blue collar boom. We need to keep that place. We've gotTa make sure to defeat any any Far Left radical economic theories that would raise taxes in huge amounts and destroy the economy. Or they would nationalize the socialize healthcare system or would completely stop The energy system. We have to make sure that those extremist policies these are not put in place and we have to emphasize the kind of economic growth delivered by the president. I think John that's a key message The election is Less than a year away and I think the President has made good on his promises and his policies and I just think we need to stay on This course and if we do we've got years of prosperity out of us. Well God bless you and God bless the President and the markets. I think we we talked to Peter Navarro couple of weeks ago. He says he thinks the markets could hit thirty two thousand by the end of twenty one. Good for Peter Larry cudlow thank you happy New Year and talking and real suit and you John thanks very much ravening active this is the cash roundtable. We'll be right back..

President trump president America Twenty twenty trump John Larry cudlow US National Economic Council China John Pensions Trade Agreement Tree Mexico Peter Navarro
"kudlow" Discussed on News Radio 920 AM

News Radio 920 AM

03:26 min | 2 years ago

"kudlow" Discussed on News Radio 920 AM

"For his show Larry Kudlow saying that the White House could actually end up proposing tax cuts before the twenty twenty election yeah this coming one day after the president said he's not going to be doing tax cuts but two days after he said he's looking to do tax cuts so what we now nothing I would have yeah here's what I think we know I think they are going to be proposing some kind of tax cut package they I don't want to fully admit it right now the one report said they were talking about the payroll tax that looks like it got really really buff from both Republicans and Democrats saying you know you you're basically de funding source security Medicare if you go this route to it's not a good option I like axe cut yeah I I don't mind it either but it wasn't terribly popular right now and and and Washington so I think they'll have a tough time getting one through right before the election with the democratic controlled house yeah he needs you look at it and I'm curious what kind of package could be passed that a would be meaningful enough to make a difference from a fiscal perspective in B. that could actually get through navigating the house and Senate but maybe that's the point yeah maybe present trump wants a tax cut bill that gets blocked by the Democrats saying I yeah it's it's certainly as possible so that's where things stand on the tax cut side of things also want to go back to our poll question of the day have you used in at home DNA kit and Tucker what kind of results are we seeing in the poll thus far from our listeners last H. jacked it was AT twenty know which has surprised me a little that's a little higher figure the popular these taken off but did not I mean twenty percent seems pretty high to me yeah I thought it would be more like seventy thirty sixty four went on like that this this all stems from a story that a D. N. A. company a DNA testing company you got the name twenty three me down thing about that share the data I know that has DNA at the end of its name all yes fans and you insult her DNA long story short in like tree DNA they family tree DNA is that it yes family tree DNA CVO voluntarily cooperate with the FBI to share one point five million users DNA with some you know potential cases that were out there and so that's really sponsor question in terms of who is participating in this and who's not it's also an interesting thing to look at just from the perspective of you couldn't share someone social security number without their consent or without having that baked into your terms and center at Xcel information there why can you share their DNA in in I'm not saying that this is a loss haven't caught all right I'm not seeing this the CEO did anything wrong because legally like he didn't like it was nothing that he did wrong legally it's just man we've got a little bit of work to do to get the house up to speed here because this is really sensitive information out yeah I mean if I have my option between my social security number versus my DNA mapping being out there on the public internet you can have my social although I had lunch my DNA yeah I I generally try to keep a pretty close hold of my idea I had come into like that's that it's a pretty important thing to me to add you know where my DNA is at all times let's take a break when we come back we're talking about gap in why they're still struggling and also a little bit of analysis on why target had such a good quarter when they reported earnings earlier this week we'll talk about what they're doing right after this wrong.

Larry Kudlow White House president twenty percent two days one day
"kudlow" Discussed on KSFO-AM

KSFO-AM

07:17 min | 2 years ago

"kudlow" Discussed on KSFO-AM

"Welcome back is the Ben Shapiro show so there is an ABC news piece that is out trying to blame president trump for this vast spike in crime so Mike Levine reporting remember this isn't an opinion piece reporting for ABC news he says this is the headline no blame ABC news finds thirty six cases invoking trump in connection with violence threats and alleged assaults the trump is responsible for all of the violence and all of the threats in all of these alleged thought thirty six of them by the way last I checked it like three hundred thirty million people in the country so thirty six crimes in which people invoked trump in a court proceeding okay I'm spare me the wave of trump in violence wracking the nation there's not a lot of evidence for that and as we'll see from this particular study the study itself is skewed to achieve a particular result and you can tell the I mean this is a case example of media bias again the title that he's no blame ABC news finds thirty six cases invoking trump in connection with violence threats an alleged assault and here's what he says that again this is journal as man of the highest order Sirius Sirius journal as me it's as president trump has repeatedly refused to accept any responsibility for inciting violence in American communities dismissing critics have pointed to his rhetoric as a potential source of inspiration for some citizens acting on even a long held beliefs of bigotry and hate I think my record brings people together he said last week four days after a twenty one year old allegedly posted an anti immigrant screed online and then allegedly opened fire at a Walmart in el Paso Texas killing twenty two and injuring dozens of others what a nationwide review conducted by ABC news has identified at least thirty six criminal cases what trump was involved in direct connection with violent acts threats of violence or allegations of assault twelve thirty six criminal act in a country of three hundred and thirty six three hundred thirty million people in extraordinarily poll last time I shocking but here's here's what really gets good listen to how they did this analysis in nine cases perpetrators hailed from in the midst or immediate aftermath of physically attacking innocent victims yes all that evil and bad in another ten cases perpetrators cheered or defended trump well taunting or threatening others and another ten cases trump and his rhetoric were cited in court to explain of defendants violent or threatening behavior is in the last ten cases very often what you see in those cases it defense counsel trying to make an overt pitch for media attention and sympathy based on their client invoking from after the fact and so I don't trust any of that if there was no prior evidence that the attack was linked to anything from had sat or trump if there is no shouting of trump in the middle of the attack and then afterward the defense attorney was like yeah it was it was just like from managed to is because it has a trump I don't buy it I am I so take that thirty six nine twenty six A. seven cases involves a violent or threatening acts perpetrated in defiance of trump with many of them targeting trumps allies in Congress so that means that really it's not thirty six twenty six and they're talking about seven of the twenty six are actually threats or violent acts targeting from yeah but but it gets even better they say the thirty six cases identified by ABC news are remarkable in that a link to our president is captured in court documents and police statement under penalty of perjury or content in many cases of assault or threat charges are never filed criminal acts committed by from supporters or his detractors have nothing to do with the president but in thirty six cases court records and police reports indicated some sort of link they say of course these are mostly hate crimes directed against minority people and this is this is where it gets really good and while asserting that a fake media coverage is exacerbating divisions in the country from his noted that a fan of democratic presidential candidate Bernie Sanders opened fire on Republican lawmakers playing baseball in a Washington suburb two years ago nobody puts Bernie Sanders and a headline with a maniac from said last year and last week trump similarly insisted that the man fatally shot nine people in Dayton Ohio three days earlier supported sanders' another liberal causes but there's no indication either of the shooters mention Sanders well launching their attacks and no charges were ever filed because they're both fatally shot during the assault okay so you are now changing the standards of crime okay so first of all I agree the Dayton Ohio shooter there's nothing that connects his politics to the shooting so far that we know what we know that he was on the political left we have to be intellectually fair and honest here there's no indicator that is politics for the shooting with that said the shooting at the congressional baseball she was obviously an anti trump pro Bernie Sanders shooting and there's just no question about that the reason there's no question about that is because the day before he committed the shooting he posted a bunch of crap on social media about how much he hated trump and from supporters and anyone shot explicitly Republicans and here's ABC news trying to contend that had nothing to do with Bernie Sanders because the guy wasn't shouting Saunders as he committed the assault it's absurd and then wait wait it gets him better an ABC news really doing serious journalism here in conducting its review ABC news defined several cases where pro trump defendants were charged with targeting minorities or speculation on mine suggested the defendants were motivated by trump but in those cases ABC news I know police records court proceedings or other direct evidence presenting a definitive link to the president so those are excluded so they excluded I also ABC news excluded incidents of vandalism okay well that's kind of a thing because I would say that a huge amount of vandalism across the country right now is anti trump vandalism also ABC news excluded several cases of violence from attacks on anti from protesters at trump rallies to certain assault on people wearing mag hats that did not establish explicit ties to drum so just to be straight about this if somebody attacked somebody at a trump rally or beat up somebody wearing a Maggie hat they didn't count that so basically went looking for cases where you can blame from when you found some cases where you can blame from congratulations guys really solid stuff salad stuff eight it's no wonder that that so many people on the right by into trump's characterization of me and again you're not seeing the media ask the very difficult questions with regard to left leaning rhetoric because they agree with the last an attempted shooting another ice office San Antonio police according to the National Review are questioning a man suspected of shooting at downtown office buildings occupied by ice according to a local CBS affiliate police responded to reports of gunshots around three AM Tuesday morning the suspect fired the building from across the street damaging several windows according to police no one was harmed in the incident police are investigating whether the shooter intentionally targeted the ice off as that of course comes roughly one month after the most under covered story of the year a lone gunmen trying to blow up an ice detention facility in Tacoma Washington armed with a rifle and throwing incendiary devices at the facility while trying to blow up a propane tank nearby here is a see by the way asked whether she regrets the concentration camp language which is it which was in fact explicitly used by the ice attacker a month ago many of these I don't regret that at all not the slightest do you feel on Israel you said this administration is establish concentration camps on the southern border of United States for.

Ben Shapiro Mike ABC president twenty one year three days four days one month two years
"kudlow" Discussed on 760 KFMB Radio

760 KFMB Radio

02:29 min | 3 years ago

"kudlow" Discussed on 760 KFMB Radio

"He is turning on Gerry McNamara eight six six ninety eight redeye if you would like to get in we would love to hear from you as as always coming up here Larry Kudlow the president's chief economic adviser says the president will not submit a trade bill until pelo C. gives the green light man I why would that be why wouldn't they submitted and say have the debate because the president doesn't want to have the debate right now I I would agree with you on that the they don't wish to have the debate right now just leave it sitting and don't and if you're going to push it you push it after the election start November fourth right that's it you push it but you don't push it now because a lesson you wish to do was upset the markets yep which is again the same thing we were talking about the US China trade deal is it just going to be put on hold in the negotiations just continue yeah I know but I know but nobody makes makes any type of move president was twenty nine it yesterday but it wasn't it wasn't the as animated tweets as he has made before on China yeah exactly eight end I you know it that that situation I think it's going to be Oct I tend to believe that the analysts are right in that we should settle in for this to be the new normal with China that the current terrorists that are there the current trade situation as it stands will likely not budge for quite some time because I think it does go back to the the fact that if they have to change their laws in China to facilitate some kind of enforcement mechanism on intellectual property rights is dictated by the US they know that opens the door to a diminished power for their government not to the extent that they would no longer be communists you know and and communism would end in China in our lifetime I don't expect that to be the case but they know that the door would be open and that they wouldn't be able to close and I think that they don't want to risk that and and they clearly have a I believe.

Gerry McNamara Larry Kudlow president economic adviser China US