Mark Interviews Economist Steve Moore
The Mark Simone Show
iHeartRadio and Mark Simone
4.3 • 695 Ratings
🗓️ 21 September 2023
⏱️ 12 minutes
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| 0:00.0 | It's Mr. New York, Mark Simone on 710 W.O.R. |
| 0:05.0 | Well, Steve Moore, the brilliant economist, best-selling author. |
| 0:09.0 | You get his latest book, Govzilla. |
| 0:11.0 | Also, of course, you see him all over television, you read his columns, |
| 0:15.0 | but he also runs the committee to unleash prosperity. |
| 0:19.0 | They put out a daily briefing that you'll love the best issues analysis it's |
| 0:22.6 | free it'll come right to your email just sign up for it committee to unleash prosperity dot com |
| 0:29.0 | steve more how you doing hey mark good morning i'm doing fantastic thank you hey the fed yesterday not |
| 0:35.3 | going to raise rates to me i'm not the expert you are seem kind of silly aren't they going to raise rates. To me, I'm not the expert. |
| 0:37.7 | You are. It seemed kind of silly. Aren't they going to just have to do it next year in an election year? Well, you know, prices are certainly rising. We're not out of the woods at all on inflation. I don't know if you see in New York what's happening around the country with higher gas prices. In fact, I was just |
| 0:54.8 | talking to a friend in California who says they're paying $6.50 a gallon now for gas. So, you know, |
| 1:01.3 | oil and energy are kind of leading indicators where inflation is headed. I think we're, you know, |
| 1:08.1 | looking at 4 to 5% inflation over the next few months, and that's way, way above the 2% target. |
| 1:14.6 | It's certainly an improvement over the 9% of inflation that we had last year. |
| 1:17.9 | But I've got to tell you, this inflation is just killing workers. |
| 1:20.6 | You know, one of the major reasons, Mark, that the media isn't talking about this. |
| 1:25.8 | The major reason that these UAW workers went on strike was because of inflation. |
| 1:31.1 | And even the UAW bosses who love Biden admit that, you know, that their workers, you know, |
| 1:38.4 | that the line workers of the UAW have lost about $7,000 a year in purchasing power because everything's so much |
| 1:45.8 | more expensive. So inflation is really, and by the way, isn't it funny, Mark, that I'm the best |
| 1:53.1 | friend of the unions. He's not the best friend of the unions. He's the worst president for unions |
| 2:00.4 | because they're losing money under his presidency. Yeah, you told us about a year ago, you said, when you get all this inflation, you're going to see a lot of strikes coming because it wipes out all the games. Yeah, and you're right. He's lunch bucket Joe. He's Mr. Factory Worker Joe. He's Union Joe. Yet it's Trump that's going to Detroit on Wednesday to speak to them. That's so funny. I mean, that's a big story because, you know, it's classic Trump, isn't it? I mean, you know Trump, and I've known him for now about seven or eight years. I mean, the guy is a marketing genius. He just really is. And there was a story in the Politico, which is a kind of political rag magazine here in D.C. |
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