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The Mark Simone Show

Mark Interviews Economist Steve Moore

The Mark Simone Show

iHeartRadio and Mark Simone

News

4.3696 Ratings

🗓️ 27 October 2022

⏱️ 11 minutes

🧾️ Download transcript

Summary

Mark and Steve talked about the inflation rate and the growing price of home heating oil. Steve says Lee Zeldin will beat incumbent Kathy Hochul in the NEW York governor's race.

Transcript

Click on a timestamp to play from that location

0:00.0

It's Mark Simone, Mr. New York.

0:03.1

On 710 W.O.R.

0:05.8

Well, Steve Moore, one of our great economists, and you should make sure you follow him at Twitter, Stephen Moore at Twitter, and get his book, GovZilla.

0:13.5

It's his latest bestseller, Govzilla, and sign up.

0:17.6

He's got a great organization.

0:18.9

You'll get a daily briefing, really informative,

0:21.1

interesting stuff. Just go to Committee to Unleash Prosperity.com and sign up for the daily newsletter.

0:27.0

It comes free, right to you. Committee to Unleash Prosperity.com. Steve Moore, how you doing?

0:33.0

Hey, Mark. I'm doing really well. How about you, my friend?

0:35.6

I'm good. Now, the latest numbers this morning,

0:38.6

the economy grew 0.6 percent, and Biden and Democrats, champagne is flowing. This is not that great

0:47.1

a number, is it? Well, you're right that if you look over the last, the first nine months of the

0:53.4

year, the economy is, I think the number

0:56.0

is about 0.1% when you take the whole nine months. Now, the third quarter, we did see what,

1:01.8

about 2.5% growth, which was, you know, I was pleased to see it was a little better than I

1:06.4

thought it would be, but my gosh, we're still in a situation with very, very high inflation. We've got some of the

1:12.6

leading businessmen in the country looking at their own, what's happening with their own companies

1:17.9

and saying, boy, another recession is around the quarter because we did have a recession in the

1:22.2

first half of the year. So we've got a lot of work to do to get this economy going again right now.

1:28.9

I think it's a very precarious financial situation.

1:32.8

And so if we don't get this inflation rate down, if we don't get this debt down, we're in big trouble.

1:39.0

If the Republicans win everything in two weeks, is that going to be a big, big boost for the stock market

...

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