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The Buck Sexton Show

The Tudor Dixon Podcast: Talking Bidenomics with Larry Kudlow

The Buck Sexton Show

Premiere Networks

News, Politics, Government

4.24.8K Ratings

🗓️ 1 November 2023

⏱️ 39 minutes

🧾️ Download transcript

Summary

In this episode, Tudor welcomes Larry Kudlow, former economic adviser to President Trump, to discuss the economic state under the Biden administration. Kudlow criticizes "Bidenomics," highlighting rising gas prices, increased consumer price index, and increased grocery prices.

Transcript

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0:00.0

Hi, it's Carol Markowitz. I'm so excited to launch my very own podcast. We'll talk to the

0:06.7

biggest names and politics, news, entertainment, and get to the truth of the issues that affect

0:12.5

your family and have some fun along the way. It's the Carol Markowitz show, part of the Clay

0:18.4

Travis and Bucksexten podcast network. New episodes drop every Monday and Thursday on the iHeart

0:25.3

Radio app, Apple podcasts, or wherever you get your podcasts. Welcome to the Tutor Dixon podcast.

0:32.4

Well, you know that groceries are now breaking the bank. Gas prices are soaring and mortgage

0:37.6

rates are through the roof, but the Biden administration still says that Bidenomics is working.

0:43.9

Well, I've got the former economic policy advisor to President Trump. Larry Cudlow with me here

0:49.1

to give us his take. You can catch him every weekday at 4 p.m. Eastern on his Fox business show.

0:55.1

Larry, welcome to the podcast. Tell us what you think about Bidenomics.

0:59.4

Bidenomics. Bidenomics is not doing well. That's what I would say about Bidenomics.

1:06.4

Listen, the problem with Bidenomics is the issue of affordability. And you mentioned a couple

1:14.1

things. Gasoline prices have come down, but they're still way ahead of where they were a couple

1:22.2

years ago. Where Donald Trump left them. And wages have gone up and people are working,

1:30.4

but the trouble is the level of the consumer price index has gone up much more.

1:37.1

So again, real wages are falling. Ordinary working folks, typical families probably lost

1:44.3

something in the neighborhood of $7,000 in the last couple of years. And again, in the prior

1:51.8

years, they rose by almost $7,000 according to new revisions coming out of the government.

1:58.9

And then the other problem you've got besides real wages falling, grocery prices have been rising

2:05.6

at a substantial rate. I mean, actually, you know it's so much fun here. Economists haven't

2:12.2

forbid economists love to look at the inflation rate. And they say, well, we have to look at the

2:19.3

core rate. We have to exclude food and energy. So I think that's a big problem because food,

...

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