Mark interviews economist Steve Moore.

The Mark Simone Show

iHeartRadio and Mark Simone

News

4.3 • 694 Ratings

🗓️ 5 September 2025

⏱️ 10 minutes

🔗️ Recording | iTunes | RSS

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Summary

Today's jobs report will most likely prompt the Federal Reserve to cut interest rates, as parts of the economy slow down. Having no income tax in the USA could boost the country's economy.

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Transcript

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0:00.0	You know what's why.
0:01.8	He tells you why.
0:03.3	Mark Simone is on 710 W-O-R.
0:09.0	Well, no Steve Moore?
0:14.7	All right, we're trying, we're trying.
0:16.8	It's the hunt for Steve Moore.
0:20.0	He can disappear at times.
0:21.9	He is the best economist around.
0:24.3	But jobs numbers came out today.
0:26.4	It was 22,000.
0:27.5	It was expected to be 75,000.
0:30.0	So that's way below normal.
0:31.8	Now, if you're watching MSNBC or crazy CNBC, they'll tell you that disaster shows the economy and freefall.
0:39.1	It's awful.
0:39.9	Well, it's not the case.
0:41.1	Not the case at all.
0:43.1	Actually, let me just check the market once again.
0:45.7	Stock market way up on these numbers.
0:47.9	They like the numbers because it's a tiny, tiny, tiny, tiny amount compared to the overall economy.
0:55.8	Actually, down a little now, but went up on the news.
1:01.2	One of the reasons they like the numbers dropping a little right now is it'll force the Fed to do a rate cut and a big rate cut,
1:10.5	which the crazy Fed chairman has been resisting and trying not to do a rate cut and a big rate cut, which the crazy Fed chairman has been resisting
	...

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