35 Burst results for "Larry Kudlow"

"larry kudlow" Discussed on CATS Roundtable

CATS Roundtable

01:55 min | Last month

"larry 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 | Last month

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" Discussed on CATS Roundtable

CATS Roundtable

05:48 min | Last month

"larry kudlow" Discussed on CATS Roundtable

"Today Is larry kudlow. And we're trying to decide which way the economy's going. And i hope larry cudlow is optimistic. How you larry. I'm good down here. You good the stock market is going up and down. Seesawing left right. Where are we well. We're trying to figure out whether team biden is gonna destroy a perfectly good pandemic recovery which has been under girded fundamentally by lower taxes and regulations from the trump administration. The question is after his press conference and accusing rich people not paying their fair share which is a big lie. I have the numbers to prove it. I think investors want to know this stuff. They really go through. I was gonna create all these new welfare programs without any work requirements or any education requirements. is that gonna force huge deficits and not gonna force the federal reserve to pump in more money for translation. Are we gonna tax all these companies to large companies the small companies People that own family farms and ranches. How bad is this story gonna be you know. Nobody can have much confidence. It's not good if it ain't broke. Don't fix it as you know. I've always said that. And what they ought to be doing if they were serious about boosting the economy instead of all this big government. Socialism and welfarism They ought to just make trump tax cuts permanent stock decimating the energy sector and just let private enterprise run with the ball. But a last they're going to have to intervene. And it's the intervention here. This worried investors. That's my take from what bothers me is the fact that it doesn't seem like the biden administration has done anything right. I mean everything they've done with the pipeline. The american pipeline. The russian pipeline the electric cars the the borders afghanistan. If you gave me a million dollars. I can't tell you could get right. I could. i would nothing. So the fda rejects the administration's booster shot the pentagon acknowledges that the drone strike didn't kill any isis terrorist instead tragically It killed a bunch of children and even the french ambassador. My friends philippe pay chen He goes he causes up shopping and goes through back to paris. I mean it's just that's just one day. Maybe that's the right thing because of the fact that they wanted give australia. Diesel submarines and america and great britain nuclear submarines. I mean what are your diesel submarines. If there's a problem in pacific. Yeah no i look. I think Providing australia which is our great great ally and friend providing them with nuclear submarines as an excellent idea and it will certainly help anchor. The you know our defense against china. So that's a good idea. But the bungling. John is that we should have informed the french government. I mean not crown. Matt krohn is more or less a friend As i said his ambassador in washington. I know him very very well for the bay chan. He's awfully good guy so here it's you know it's like afghanistan john the the the end The the end motive is okay. It's the execution this completely bungled and in this case with australia. I think the plan was correct. But the execution was bungled. Why not let france know why not let all our allies now. Just like in afghanistan right. We didn't tell. Any of our nato allies in nato had eight thousand troops in there. So you know this is the keystone cops. I don't know if you remember years. And years ago. And the mets started playing and tasty stangl was the manager and he wrote a book or somebody wrote a book. Can't anybody here play this game. That's what i was saying to. The by larry the other big. He's you're taxing the poor because food prices are going up almost ten percent and and fuel prices. Gasoline prices are going up fifty percent. I mean that goes directly to every middle class every everybody middle class and below. Yeah yeah i agree with that There's another one to look this methane tax loss. The higher corporate tax is gonna cause utility prices essentially natural gas prices though sky high and the people who depend on that the most are the middle class. They're the ones who have to pay the out of pocket so the electricity bills and the power bills are gonna go way up at. This stuff is passed. But i do want to say this. We have created a save america coalition of conservatives myself. Brooke rollins steve moore linda mcmahon. A whole bunch of we're gonna put together was announced. Today there was a story in yesterday's washington post about it Save back. Kill the bill. Save america kill the bill. We're going to try to kill the bill and we've got a lot of people join together and we're just gonna make commonsense factual arguments not too big lie like the rich. Don't pay their fair share but we will put backs into this and it is the middle class. The judges right. It's the middle class. men suffer the most. Larry kudlow thank you so much for coming on today. And god bless you and thank you for giving americans the right guidance and with the handles going economy. God bless you. Thank you have a great john..

larry cudlow larry kudlow biden administration afghanistan larry french government Matt krohn biden australia federal reserve stangl nato philippe pentagon chen fda america paris britain pacific
Larry Kudlow Calls out Biden for Saying Businesses Don't Pay Their 'Fair' Share

Mark Levin

02:23 min | Last month

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 | Last month

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
"larry kudlow" Discussed on CATS Roundtable

CATS Roundtable

04:57 min | 2 months ago

"larry 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
"larry kudlow" Discussed on CATS Roundtable

CATS Roundtable

04:22 min | 2 months ago

"larry 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
"larry kudlow" Discussed on CATS Roundtable

CATS Roundtable

04:19 min | 4 months ago

"larry 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
"larry kudlow" Discussed on CATS Roundtable

CATS Roundtable

03:51 min | 4 months ago

"larry 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
"larry kudlow" Discussed on CATS Roundtable

CATS Roundtable

03:06 min | 4 months ago

"larry kudlow" Discussed on CATS Roundtable

"And we have countries number one economist in my book. We have larry cudlow. How are you. Larry john fine great. Thank you tell us what's going on. Well i'll tell you the big event. The big event this week was joe biden Bait and switch double cross on the end Bipartisan infrastructure gang especially the five republicans who were negotiating in good faith and they reached a deal with the white house and they met with biden's yesterday thursday afternoon to sign the deal. They went out and announced it in front of everybody and then one hour later biden shows up in the white house and mason announcement that the infrastructure deal has to be linked to the rest of their Utopian crazy green Worker's paradise ideas of another three trillion dollars in spending three trillion dollars in tax increases green new deal and also fuel energy and greatly damaged the american economy. I mean he said one thing. John and then an hour later says another which shows you know what bernie sanders and. Aoc really are running white house with their crazy ideas and the republicans are absolutely furious as they should be. And i'll tell you something we got hold of the notes from senator rob portman. Who was a key guy. Scorpion is very smart. Guy at a guy of principle i might add. And he's got knows he says. The framework includes no income taxes. No changes to the twenty seventeen tax bills responsible pay for as and finally solely core infrastructure priorities not human infrastructure. Those were the knows. He took from the agreement. They reached thursday afternoon and announces. The nation and then biden goes back into the white house and an hour later. Renamed eggs and said whoops. We won't pass this infrastructure package unless we have the rest of the three trillion in spending and the three trillion in tax hikes sent all of the new entitlement transfer payments that will do so much damage to Work and welfare dependency and family unity. Larry cox you do you think. He got slammed by his hard left in that our between the doing the deal and making the second announcement that he needs both bills for he's not going to sign. The deal is possible. I mean you can imagine going back to the oval and then having a coppins call with sanders and see and nancy pelosi yelling at him. You did the wrong thing. You've gotta go and make a new announcement. We are not going to pass this infrastructure bill unless we have all of our spending and tax increases. But i mean..

Larry john larry cudlow Larry cox John nancy pelosi bernie sanders thursday afternoon three trillion three trillion dollars rob portman joe biden Bait this week republicans both bills white house second announcement yesterday thursday afternoon one hour later one thing twenty seventeen tax bills
"larry kudlow" Discussed on CATS Roundtable

CATS Roundtable

05:20 min | 5 months ago

"larry 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
"larry kudlow" Discussed on CATS Roundtable

CATS Roundtable

02:41 min | 5 months ago

"larry kudlow" Discussed on CATS Roundtable

"Cudlow are you on. I am john. How are you i'm good. Tgif thank god. It's friday and the week is ended. We had an all time high in the markets this week and then went down to a very bad alot of bad love and a low and now it's recovered. Where are we in the country. I'll say that. Joe biden had a rough week. Joe biden at a very rough week having to deal with russian cyber. Hackers blackmailing ransoming gigantic. Us energy company continental and russia's does not get a free pass on that by the way these are all apparatchiks of the russian government and also russia is the ultimate sponsor for iran's day sponsored terrorism for hamas and hezbollah who are now bombing israel mercilessly and israel is fighting back but by at no point has given israel the kind of backing they deserve a as the greatest ally the only democracy in the in the middle east and people like ao see Just pathetic The woman has no sense. She'd rather defend palestine and the and the socialist autocratic dictatorial government of palestine. Rather than back. Israel are great friend and neighbor by the way. Israel does not start. This did not start the stage. Not throw anybody out. That's why i blame. Russia and iran because They're the ones who are really behind this. So you have those two issues Of course at home for a few days we have the emergency of the gasoline supply shortages in the hike gasoline prices because of the russian back cyber hacking and even something that should have been a layup but the cdc finally comes out with guidelines that. If you have the vaccine you can be mask free indoors or outdoors but even that got screwed up as Various people need administration. Were still wearing masks for. They don't need to wear masks etcetera etcetera confusing the public and triggering a useless debate trump president. We would have been mask free three months ago. And by the way Fox contributor marnie mclaren great. dr predicted that. We'd have herd immunity by april and he was spot on he was the only guy who got it right between the vaccines and the astral immunization from having kobe cases so you have all those problems but the stock market shrugged it off..

Joe biden marnie mclaren trump april john three months ago friday this week two issues Fox israel Israel hezbollah Russia palestine russian government iran russian iran's day dr
"larry kudlow" Discussed on CATS Roundtable

CATS Roundtable

06:14 min | 6 months ago

"larry kudlow" Discussed on CATS Roundtable

"Larry. Cosmo try one of the country's top. Economists larry. i'm john I was watching fox business. You're on monday through friday. Fox's between four and five and do a great job and you're on wabc every saturday morning between ten and one and you do a super job and everybody listens now. On thursday night we had president biden gave his hundred day speech. He gave us a few comments on it. I disagree with the thrust of his policies. I don't want more spending sprees welfare programs that don't require folks to work or Get educated at least in high school. I don't want the green new deal. That's going to destroy fossil fuels and sure as heck. Don't wanna see double and triple taxes. The highest and i dunno fifty or sixty years placed on businesses. Because people forget you know everybody wants to be a great worker and wagering okay. We want good paying jobs for america's blue collar middle class and be low for those who climb the ladder of opportunity to have a good job you've got to have a healthy is or nudists. Now 'cause sustain that you need investors successful people entrepreneurs heaven forbid people families friends but look. They're taking the risk with their money and they will make calculation on an after tax basis whether it's a useful rate of return and if you keep raising the taxes you're raising the threshold year raising the hurdle rate and what. You're going to get the kind of stagnation that we saw in the late sixties and seventies and there may be inflation. We'll see about that. But the biden crowd wants to tax rich people. They want to talk about fairness. That is not the way to do it. What's the best welfare program ever design. I ask you. the answer is a good job. Okay if you're gonna attack businesses and companies and corporations and penalize them for international activity that is not all that does is say don't invest don't create the new business and after all without investment you're not gonna get a good paying job and after all if you cut back on business profits. They won't have enough leftover so give a wage hike and biden refuses to learn from trump who cut taxes on business and we had an unbelievable bull with record low unemployment and by the way the first real wage increases in twenty years. You should take a page. From reagan's he should take a page from bill. Clinton for heaven's sakes we'll cut the capital gains tax. He should take a page from the democrat. John f. kennedy post world war two tax cutting supply-sider so i have other points but my basic point is the economy is booming. Let it boom. If it ain't broke don't fix it. Don't jack up taxes on companies that create jobs. It's not gonna work. We've learned that from history. Well we had a record first quarter. Because i think we still have a president trump economy. Nothing has affected the economy yet. And i think we're gonna have a good second quarter what happens after that. No look this is the odd part of the story. I mean come on. There has to be a little fact. Checking present biden says the last night or the night before last he says You know when i got here a house was burning was on fire. It wasn't we have thirty three percent growth. In the third quarter we have four percent in the fourth quarter six and a half percent of the first quarter and it would probably going to get eight ten percent in the second quarter and frankly that lasts for many more years. If we don't deal with it you know. Don't punish success. That's the problem here. If you want to redistribute by raising taxes from peter to pay. Paul you're gonna find out. Hey it doesn't work. Be peter and paul won't even get jobs. You won't get growth. Remiss biden advisors are sending him way out on a left wing wing. And i don't think it's gonna pay off last the seizure on that. We won't know how this plays out Democrats have not nor the white house have not put up concrete legislation. Yeah and we don't know whether they're going to choose a partisan route of fifty one vote reconciliation or they might even do it twice more. They've already done it once this year. I wanna get what. One point and john katzman. That's one thing that really upset me. In biden speech was the part of the speech where he said you know. We're for the people we the people is government and that is just wrong. Go back i have a good source on this. It's called the declaration of independence. Okay the creator endowed us with unalienable rights and governments exists only with the consent of the people who choose the government. Government is not the people. But i fear that that is apocryphal. That he believes that government should run. Everything should control energy automobiles healthcare finance. You name it. I believe unfortunately he and his crew believe that stuff. But i just wanna say. I was offended by that. The declaration of independence is clear. They are outside the boundaries of the american idea and the american tradition. And i just can't let that go. Because i thought that was a devastatingly bad statement. Larry cudlow thank you. So much for calling in this friday evening and at a time in Have a great weekend. And god bless america..

Larry cudlow Paul Clinton john katzman trump fifty thursday night friday twenty years four percent Fox John f. kennedy Democrats paul monday sixty years world war twice five thirty three percent
Biden Focuses on Capital-Gains Taxes

The Young Turks

01:52 min | 6 months 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
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
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
Job Growth Slackens, Signaling Vulnerability of Recovery

Glenn Beck

00:25 sec | 1 year ago

Job Growth Slackens, Signaling Vulnerability of Recovery

"A 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 an answer. First.

Lisa Brady Fox Larry Kudlow President Trump Economic Adviser White House United States
Day 2 at GOP convention: a first lady, a pardon, Pompeo

AP News Radio

00:51 sec | 1 year ago

Day 2 at GOP convention: a first lady, a pardon, Pompeo

"Day two of the Republican National Convention include speakers praising president trump denouncing Democrats in his speech Kentucky senator rand Paul noted president trump signed a bill that reversed a federal criminal justice law backed by then senator Joe Biden the first real reform in a generation and one that sought to undo the harm that others like Joe Biden of done trump's top economic adviser Larry Kudlow insisted the economy is bouncing back a V. shaped recovery is pointing to better than twenty percent growth in the second half of this year another speaker Mary Ann Mendoza whose son was killed in a car crash involving an immigrant in the country illegally was dropped after it was learned she directed her Twitter followers to a series of online anti semitic conspiratorial messages I'm to acquire

Donald Trump Senator Joe Biden Larry Kudlow Mary Ann Mendoza Kentucky Senator Rand Paul President Trump Economic Adviser Twitter
Day 2 at GOP convention: a first lady, a pardon, Pompeo

AP News Radio

00:51 sec | 1 year ago

Day 2 at GOP convention: a first lady, a pardon, Pompeo

"Day two of the Republican National Convention include speakers praising president trump denouncing Democrats in his speech Kentucky senator rand Paul noted president trump signed a bill that reversed a federal criminal justice law backed by then senator Joe Biden the first real reform in a generation and one that sought to undo the harm that others like Joe Biden of done trump's top economic adviser Larry Kudlow insisted the economy is bouncing back a V. shaped recovery is pointing to better than twenty percent growth in the second half of this year another speaker Mary Ann Mendoza whose son was killed in a car crash involving an immigrant in the country illegally was dropped after it was learned she directed her Twitter followers to a series of online anti semitic conspiratorial messages I'm to acquire

Donald Trump Senator Joe Biden Larry Kudlow Mary Ann Mendoza Kentucky Senator Rand Paul President Trump Economic Adviser Twitter
"larry kudlow" Discussed on WIBC 93.1FM

WIBC 93.1FM

02:01 min | 1 year ago

"larry 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.
Weekly Unemployment Claims Drop Below 1 Million

John McGinness

00:25 sec | 1 year ago

Weekly Unemployment Claims Drop Below 1 Million

"House economic adviser Larry Kudlow tells Fox News. It wouldn't shock him to see an even better unemployment picture soon. I wouldn't be surprised if you dropped a single digits and the August report. I don't want to make a fork. I just say it wouldn't surprise me. He says some believe continuing claims is a leading indicator of the unemployment rate. The weekly jobless claims report came out today and showed that they fell below one million for the first time in five months.

Larry Kudlow Economic Adviser Fox News
"larry kudlow" Discussed on Biz Talk Radio

Biz Talk Radio

02:40 min | 1 year ago

"larry kudlow" Discussed on Biz Talk Radio

"Larry Kudlow look are saying that the that president trump is strongly urging he writes this to US labor secretary Eugene Scalia St Hey he stated that the White House does not want the thrift savings plan which is a federal employee retirement fund to have money invested in Chinese equities that number the assets the amount was about four billion dollars show all of you this is a victory this is a victory for the people now the victory would have never ever ever ever seen the light of day had it not been for this president make no mistake about it there is never been a previous president that would have taken such measures even against some of his closest advisers would have done that I wouldn't have done it this president this is why China absolutely despises this man for a million dollars worth of investment the China needs not happening now because of president trump did president trump do it to her China no president trump did it because he cares about America American interest and he does not a one he does not want American interests supporting the communist regimes the French system he doesn't care how much money it would have made Wall Street how much money it would have made Black Rock how much money it would have made numerous other people involved in lobbying for this to the T. S. A. P. yes I care about that cares about America I find this amazing that the president reacted on this so quickly and it is a real victory first of all it's a victory for the for president change China are present danger China dot org the committee that has opposed this to the president.

trump US White House president China America Larry Kudlow secretary Eugene Scalia T. S. A.
"larry kudlow" Discussed on WCBM 680 AM

WCBM 680 AM

02:40 min | 1 year ago

"larry 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
"larry kudlow" Discussed on CATS Roundtable

CATS Roundtable

13:00 min | 1 year ago

"larry 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
"larry kudlow" Discussed on News Radio 920 AM

News Radio 920 AM

03:26 min | 2 years ago

"larry 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
"larry kudlow" Discussed on KTAR 92.3FM

KTAR 92.3FM

01:45 min | 2 years ago

"larry kudlow" Discussed on KTAR 92.3FM

"For Kudlow that's the thing we really look for people that don't know we really like Larry Kudlow we agree with Larry Kudlow Larry Kudlow we're very happy when the president put a man in his administration the problem with the president as he doesn't listen Larry Kudlow enough so for us it's tough to see Larry Kudlow out they're not talking economics but preaching optimism yeah right and a communist in my in my book don't preach optimism may talk about they talk about the the the figures on the number you look at the data you look at the data so we we shall see we we shall see what we know the position that where is it yes we do and so but the fact that is that there you can still focus on on that I think and and have a consistent message within at least within his within his purview to borrow from smaller that's within his purview to look at that positive numbers and not have to go outside and and it anywhere outside of that at all Navarro is a completely different picture week we get Navarro Larry Kudlow is not tomorrow no there's no there there on the opposite end their polar ends of of of of how economists think get he's a protectionist Larry Kudlow is not right so like I said we'll see what was the other thing it just popped in my mind popped out I'll get to it it will come back to me yes I'm sure the next few minutes yes eight six six nothing the route I.

Larry Kudlow president
"larry kudlow" Discussed on 760 KFMB Radio

760 KFMB Radio

02:29 min | 2 years ago

"larry 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