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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

🗓️ 8 January 2026

⏱️ 10 minutes

🧾️ Download transcript

Summary

They discuss the potential benefits of sourcing oil from Venezuela, exploring how this could lower fuel and oil prices in the U.S. The conversation also turns to Mayor Mamdani’s socialist housing proposal in New York City, questioning whether offering housing “first dibs” to nonprofits and select groups could disrupt the city’s real estate market.

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Transcript

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0:00.0

710 W.O.R.'s Mark Simone's show continues now.

0:07.0

Well, the brilliant economist, Steve Moore, of course, you see him all over television, read his columns.

0:11.6

There's one coming in the Wall Street Journal.

0:13.6

And make sure you get his book, his brilliant book, The Trump Economic Miracle.

0:18.3

If you really want to understand this better, get Steve Moore's book. Also,

0:21.4

make sure you subscribe to the daily briefing, the hotline. It's the best one there is. It's free.

0:26.5

It'll come right to your email. Just go to unleashprosperity.com. Unleashprosperity.com.

0:33.8

Steve Moore, how you doing?

0:36.1

Well, Mark, I'm doing great.

0:37.9

2006 is off to a rip-roar and start.

0:40.7

We've seen amazing gains in the stock market.

0:44.5

We've seen, you know, an incredible military operation that will go down on the annals of history

0:49.2

is one of the most flawless operations ever.

0:52.7

We liberated 30 million people in Venezuela, a very humanitarian mission.

0:59.0

And look, I think inflation is coming down. Jobs are going up. GDP is going up. It's going to be a

1:05.3

blockbuster year. Yeah. You know, Venezuela is fascinating. There's no better example of the uselessness of socialism. He decides to go socialist. Everybody's starving to death. It's horrible. They're sitting on 300 billion barrels of oil there. 17. Why was he in these drug things? Why didn't he just become an oil baron? You know, we had something in our house. You mentioned our hotline. Thank you. And by the way, that's free folks. Just go to unleash prosperity.com and get that for free. But on Monday, we had an item that got a lot of attention, which we just, we just walked people through with charts. What had happened to Venezuela since they went communist back in around 2000.

1:44.8

And this was a country that was fairly middle-class country.

1:48.1

They had, as you said, they have trillion dollars of oil resources.

1:52.4

First of all, they've cut their oil production by two-thirds.

1:55.4

The one thing that they were getting money from, they couldn't even run the oil wells.

1:59.4

And so you had the poverty rate in in uh

2:02.7

in uh in uh venezuela uh is uh 75 to 80 percent what 75 to 80 percent of people in venusuel living in

...

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