Mark Interviews Economist Steve Moore
The Mark Simone Show
iHeartRadio and Mark Simone
4.3 • 695 Ratings
🗓️ 20 June 2024
⏱️ 13 minutes
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| 0:00.0 | It's more of Mark. |
| 0:02.1 | Mark Simone on 710 W.O.R. |
| 0:06.5 | Well, Steve Boar, one of the smartest guys around the great economist. |
| 0:10.1 | You see him all over television, great columnist, bestselling author, get his book, Govzilla. |
| 0:14.6 | Also, he runs the committee to unleash prosperity. |
| 0:18.1 | Every day they put out the best news briefing and analysis it's free |
| 0:21.5 | come right to your email you can go sign up at committee to unleash prosperity dot com |
| 0:27.4 | steve more how you doing hey mark i'm doing very well although our country's finances aren't doing |
| 0:33.9 | very well given that report they came out was yesterday and the day before |
| 0:38.1 | showing you know two trillion dollar deficits budget deficits for a star as the eye can see that |
| 0:43.5 | that just keeps going up and up and up like a meteor and it is and nobody in Washington seems |
| 0:49.7 | to want to do anything about it they're projecting you know very low growth in the economy, and it was very depressing. |
| 0:56.2 | You know, I've been doing this for 40 years. |
| 0:58.4 | My first budget I worked on under Reagan was in 1984, so that was 40 years ago. |
| 1:04.1 | This was by far the bleakest forecast that we've seen probably ever for the history of our country in terms of what's going on with |
| 1:13.4 | this this ocean of red ink and washington now massive spending out-of-control spending doesn't |
| 1:19.1 | isn't that a principal cause of inflation yeah you better believe it it's it's it's basically |
| 1:24.5 | out-of-control spending because the right as even my friends at the Wall Street Journal pointed out today, you know, the revenues are coming in at a good pace, you know, and we're collecting, you know, about the same percentage of GDP we have normally done for the last 30 years. |
| 1:40.2 | So that's been pretty constant, Mark. |
| 1:42.6 | The problem is the spending line just goes straight up, up, up, up, up, up, up. |
| 1:47.3 | You know, and I just turned 64. |
| 1:48.9 | I'm a baby boomer. |
... |
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