Mark interviews Economist Steve Moore
The Mark Simone Show
iHeartRadio and Mark Simone
4.3 • 695 Ratings
🗓️ 26 October 2023
⏱️ 11 minutes
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| 0:00.0 | This is the Mark Simone Show. |
| 0:03.7 | 710 W.O.R. |
| 0:07.2 | Well, Steve Moore, one of the great economists in the world. |
| 0:10.5 | You should get his book, Govzilla. |
| 0:11.9 | Make sure you follow him on Twitter. |
| 0:13.1 | He'll see them all over television. |
| 0:14.4 | Also, he runs the committee to unleash prosperity. |
| 0:17.3 | And every day, they put out the best briefing. |
| 0:20.2 | Four or five of the most interesting issues |
| 0:22.6 | great analysis it's free it'll come right to your email every day just go sign up at committee |
| 0:28.5 | to unleash prosperity dot com steve more how you doing hey not good to be with you i'm doing well |
| 0:35.8 | the country isn't doing so well, but I'm doing okay. |
| 0:37.9 | All right. Now, let me ask you something. This report comes out today, 5% growth in the economy, GDP. |
| 0:43.0 | This is great news. But economists have been telling me it's not real. It's a one-time blip caused by a lot of government stimulus, which sort of looked like consumer spending but wasn't real. |
| 0:56.0 | Yeah, that's right. And I'm just going through that report now. Just really as we speak, |
| 0:59.9 | I've been going through this. And it does appear, and I can't say this definitively yet. |
| 1:03.9 | But it looks like what's going on is that we've just had this massive inflow of government spending |
| 1:09.9 | that's gone out the door into the economy. |
| 1:13.5 | And, you know, just in October, by the way, today's like, what, October 25 or something |
| 1:19.1 | like that. |
| 1:19.5 | So the month isn't even over. |
| 1:21.4 | And do you know how much money the government has borrowed this month alone? |
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