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The Mark Simone Show

Mark Interviews Economist Steve Moore.

The Mark Simone Show

iHeartRadio and Mark Simone

News

4.3695 Ratings

🗓️ 31 July 2025

⏱️ 9 minutes

🧾️ Download transcript

Summary

Steve breaks down Fed Chair J Powell's rate cut decision. The economy is cruising right now, and the GDP is up. Fed officials believe that Jerome Powell's decision on Rate Cut's may have been delayed. 

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Transcript

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0:00.0

Mr. New York, Mark Simone.

0:03.7

710 W.O.R.

0:06.5

Well, one of the world's greatest economist, Steve Moore, is you get his book,

0:11.0

The Trump Economic Miracle.

0:12.5

Also, he runs the committee to unleash prosperity.

0:15.9

They put out the best daily briefing issues and analysis.

0:19.9

You want to sound really smart get this every day it's free

0:22.4

it'll come right to your email go to unleash prosperity.com unleashed prosperity dot com steve more how

0:30.3

you doing well it seems like we got an economic miracle going on right now don't it i mean the numbers

0:36.2

just keep getting better and better and these these trade deals, fantastic, and, you know, I'm pressed with the 3% growth. I knew

0:44.0

Trump could get us a 3% growth. I thought it would take him about a year to do it, and he's done it

0:48.3

in six months. So, yeah, the numbers are so good. The unemployment is low, the 8 million job

0:53.9

openings. We're going to get a new

0:55.1

report tomorrow on what's happening with the jobs picture, but I think it's going to be very

0:59.4

positive. You've got pretty low inflation. You've got business and consumer confidence very high.

1:07.9

So pretty picture right now. And I'm just amazed that Trump has done it so

1:11.8

quickly. Well, you don't remember this, but it was about, I don't know, year and a half, two years. I asked you, I said, if you guys come back, I said, how long would it take to get things straightened out? And you said six months. You said it a couple of times. Well, good. I hit it right on the nose then.

1:07.8

And look, even, you know,

1:08.9

even the New York Times and the Washington Post

1:11.0

had to say,

1:12.1

hey, the economy is doing pretty well. I mean, there's the people remember Mark six months ago. My God, we're going to have a, we're headed to a second great depression. We're going to have a stock market crash like we've never seen before and, you know 1929 etc and they've been so wrong wrong wrong

1:45.9

paul kugman remember paul kugman they used to wrote he has the Nobel Prize he used to write for 10

...

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