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The Mark Simone Show

Mark Interviews Economist Steve Moore

The Mark Simone Show

iHeartRadio and Mark Simone

News

4.3694 Ratings

🗓️ 9 August 2024

⏱️ 9 minutes

🧾️ Download transcript

Summary

Mark and Steve talked about the high price of everything. They also talked about Kamala not having a clue about fixing the country.

Transcript

Click on a timestamp to play from that location

0:00.0

Mr. New York. Mark Simone on 710. W.O.R. Well, Steve Moore, the great economist and bestselling author. Of course, you see him all over television. He runs the committee to unleash prosperity. They do great stuff. And they put out a daily briefing, issues, analysis. Really smart stuff. You'll love it. It's free.

0:37.7

Just sign up. Give your email. It'll come every day to you free. Just go to unleashprosperity.com. Unleashprosperity.com. Steve Moore, how you doing? Good, Mark. It's great to be with you again. And I don't know about you. You and I've been in this business a long time but have you ever seen the media lovehouse for yeah it definitely is sugar high I don't know the second coming of

0:44.4

mother Teresa or something uh who knows if it'll last hey let me ask you about Monday the stock market

0:49.4

crash Monday uh it looks like it's made it all back. So what was that all about on Monday?

0:55.7

Well, we got a lousy jobs report on Friday showing the economy is definitely slowing down now.

1:00.8

The first half of the year was pretty strong for the economy, but it's definitely shifted into a

1:05.8

lower gear. I'm not saying that we're headed to a recession. I don't think it's inevitable,

1:10.7

but there's no doubt businesses are not hiring like they used to be.

1:16.5

The orders are not coming in like they used to.

1:19.1

Manufacturing and construction.

1:21.3

Manufacturing has kind of been in a little mini recession already.

1:25.1

So I think that spooked people.

1:29.7

Look, I think there is something to what Donald Trump tweeted out the other day saying that this was a bit of a, the camel crash, and that,

1:35.4

you know, the last two weeks, I mean, two weeks ago, Trump was up by eight or ten points,

1:40.3

and now it's a tied race. And I think investors got spooked by the idea that this woman might actually be in

1:47.6

the White House.

1:49.0

Well, if you take all those policies, those left-wing policies that always hurt everybody's

1:53.6

pocketbook, that always crush an economy, stop growth.

1:56.5

Don't these two have all of them combined?

2:00.7

Don't they what? Kamala and Walsh. The two of them have every one of those all in one basket. Oh, yeah, exactly. Yeah, it is, you know, I remember, usually you kind of balance out a ticket, you know, so if you have a very liberal candidate like Kamala, she's a very, you know, a far-left left winger. She had the most liberal voting record in the

2:18.2

entire United States Senate, even more liberal than the about socialist Bernie Sanders. You know,

2:23.3

usually you would then move towards a middle of the road person to balance out the ticket. But they

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