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happy new year ga it's great to be back, big breaking news out of cambridge, massachusetts, harvard president claudine gay resigns. the straw that appears to have broken camel's back is 6 new charges of plagiarism. somehow, hanging on as member of harvard faculty, her plagiarism and anti-semitism and dedication to remains unresolved, we talk with alan dershowitz who predicted gay's demise, but first mollie line is live in boston with more, a hell of a story, what can you tell us, good evening and happy new year. reporter: the calls for president gay'see

resignation have been on going for months, she made it official today, saying it is in best interest of harvard for her to resign, writing: >> gay faced backlash following her response to october 7 hamas terror attacks on israel, in december she and two other university leaders testified before congress about anti-semitism on campus, during that congressional testimony she failed to say -- >> so, t the answer is yes, calling for genocide of jews violates harvard code of conduct, correct in. >> it depends on the context. >> it does not depended on the contact, the the

answer is yes, this is why you should resign. reporter: gay faced co allegations of plagiarism, harvard corporation supported president gay and noting she would make correction to several pieces of prior work, today corporation acknowledged her intention to st step down, writing: >> congress continues to look into how harvard has haphandled the allegations of plagiarism. >> i believe, that we will uncover what will know

greatest scandal. in harvard, the most forly, their failure to project jewish students on campus. reporter: gaz gay, as you noted will remain a member of the faculty. it is water noting that harvard provost and chief academic officer, will be interest president. larry: thank you, mollie, now, joining us alan dershowitz at harvard law school. author of war against the jews, how to end hamas barbarism. professor dershowitz welcome back, i want to play a clip from you about two weeks ago. >> do not have the clip. sorry. i'll just say, we will find that sound. you said, that any additional problems would be her demise, that was a hell

of a call, i don't know what the trigger of the, maybe new plagiarism charges, what does that mean? is this any change in harvard? >> i hope so. it means she lost the confidence of some members of board, i heard tw a couple were beginning to suggest to her that she ought resign, most of my colleagues on law school supported her 100%, those of their public statements in their heart, i don't believe they supported her, she rips a diversity, equity and inclusion power creas bureaucracy that is destroying the universities, things calmed intersectionality that

divides the world to oppressed and oppressors, we're a pressors because we're quite white and successful and opressed are everyone else, that is what the students are learning these days, corporation made a terrible mistake by appointing her in the beginning, she is blaming everyone but herd, blaming racists, i'm not a racist. i was against her on merits, she did not deserve to be president, and did not do a good job. that is meritocracies, that is what universities are turning again, they are against grades or any evaluations, they want people to be judged by color of their skin not contend of their character to paraphrase martin luther king. larry: i just want to give you your due.

we found alan dershowitz sound. we. to play it. >> i think there is a good chance if more material comes out in the end she will have to step down. larry: more material did come out. from the washington free beacon, 6 new charges of plagiarism. 7 of gay's 17 publish works have been impacted by scandal, i am reading this from the washington free beacon. why what about this? a full faculty member, faced with these changes of pl pl-- plagiarism, when i went to school and you plagiarized and called out, you were out of school, why

does he she get a honeymoon. >> i hope there will be a full investigation by an objective natural group of scholars who do not have day dog in the fight. you know 3 or 4 major into scholars let them look to see if she warrants a suspension or one of her honorific professor ships or end of co tenure, it is hard to take tenure away, i like her as a person, i met her a couple of times, she would be a decent teacher, my personal hope is she is allowed to remain on but depends on the degree of t the plagiarism

for she, that put me over the time she plagiarized her acknowledgments, she could not even write from her heart. there was a spoof that she flaij plaigirrized her resignation statement, i don't know that is true. her testimony in congress was scripted for her by a bunch of lawyers, it did not come from the heart, i have not seen anything that shows me she is a person of the kind of high, high, high moral character that is required to be president of harvard. i hope we move on from here and end dei, new president, i know that acting president he is decent, well qualified scientist. harvard is in good hands. larry: i don't think her either -- i don't know her either, my modus operandi i

do not no personal stuff, i am interested in policies to me as bad as plagiarism stuff s is her responses to congresswoman stefanik and anti-semitism, -- i just think that is the worst thing of all. you talked about that, the lack of moral clarity. the lack of moral understanding and lack of moral leadership. moral leadership on this subject, to ban anti-semitism atlanta college like harvard, some ways the tip of the iceberg, harvard is tip. top of the thing, that is something that we need. we need that. we need a scrubbing, you know, we need a cleansing from harvard college and harvard university. >> i agree. we need to get new boards and new corporations, the

corporation is a part of the problem they represent the trendiest approaches, they are supposed to represent the long-term standards of scholarship objectivity, we need a return to meritocracies, to hard grading, a return to real values, where people are rewarded based on their hard work. and their accomplishments not color of their skin or gender that is what we have moved away from that is -- i hope this is watershed event and harvard will pick as president the most qualifie qualify einstein on its faculty and send a message we reward hard work and scholarship, we don't play favorites and use the dei c criteria for judging people people act dimmickly. larry: -- act dimmickly. larry: we don't condone anti-semitism of any time it

has to be part of it professor, dershowitz you of all people know that. >> it was so easy for her to answer that question, if she had it in her heart. she didn't, she was reading from a script, she thought she could get away with it great thing about america we have checks and balances harvard university was checked by a congresswoman from new york and a bunch of alumni and great thing about america, nobody, forget about above the law, nobody is above accountability, we have so many sources we have the media, congress, we have other institutions, so, harvard has learned a lesson, i hope the rest of the universities will learn too. you are more than your current faculty on hard left, i 97% of harvard ffaculty, identifies at

hard left, that is not diversity. larry: a great point. frprofessor dershowitz thank you, sir. >> thank you. larry: now, i want to switch giers, we covered that. go to my favorite topics bidenomics, true, that the third quarter resent months in terms of gdp was a stronger economy than expected. okay. also true that inflation rates have come down. true. president biden and his staff however, are mystified at their continued basement level economic polls. polls show biden's economy is rating at 21%, with 78% saying it is in bad shape. now, president biden is blaming media, ha, ha. he should blame his own policies, at start of his

term. he front loaded massive federal spending, regulation and socialist green new deal war ge against fossil fuels world inflation, after two years. of root canal interest rate hike by fidel fi fed federal reserve the inflation has eased. according to u.s. bureau of lalake sta districts, real average weekly earnings back in january of 2021, was 399 dollars. we're talking about middle class working folks. probably blue collar, now. in november of 2023, the most recent, that same measure real average weekly earnings stood at 380, that 19 bucks or 4.7 percent less than 3 years ago.

and as if that is not bad enough. the level of consumer prices has gone up 17%. so, our middle class family has lost over 20% of purchasing power under joe bidenonnics, they don't buy and sell gdp or live on year-to-year inflation rates, it is falling level of wages and rising level of prices that has caused high anxanxiety over joe biden's economic policy, that is the key point. affordability has dropped significantly over the past 3 years. during the trump years by the by, with tax cutting and deregulating and drill, baby, drill, middle class family incomes at least -- prepandemic, up 6,000 dollars, but micur measure same way, middle class fell 4 thousand under

pied bidenomics, there are other issues, despite goodnews, in 2 year post pandemic really, the biden economy only average 1.7% growth. consumer price index, slowed year-on-year to over 3% that is good news the factory mains in last two post pandemic years, the cpi las halfaged 6 -- has averaged 6% annual rate, consumer lean to credit cards and shaving off their savings to spend post or covid if may come to an end. the conference board index of leading indicator fell 20 straight months. treasury interest curve is way upside down, short rates above long rates. manufacturing has been negative for over a year. and as has business investment and manufacturing jobs have dried you were

even though government jobs have been leading the implement parade -- employment parade this last year, the plunging affordability crises that plagued bidenomics from day one, and unless and until he changes that, that will be a feat that will be mighty hard under his current a ultra liberal big government policies unless he changes, working close will bury him in the polls, come november. that is my riff. >> we'll talk much more about this with art laffer, up next, stick withed with kudlow, let us know harvard reforms, i don't know, lit us know that bidenomics reforms, i doubt it however folks happy new year. help is on the way. always optimistic, i'm kudlow, we will be right back. salonpas, makers of powerful pain relief patches for 89 years...

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larry: so, as i mentioned, plunging affordability plaguing joe biden. real wages down, consumer prices up. people are unhappy campers. bidens blame the media not policies, our next gift will walk us through -- guest will walk us through on,

great art l laffer author of taxes have consequences happy new year. here is what -- happy new year larry. larry: our friend bernstein said on fox news this weekend. >> i got two words for you, lowering costs, lowers cost of insulin, make sure that meathat -- measure keep down price of prip prescription drugs and fight against junk fees, to continue to build on this progress we made, not just lower inflation but lower costs in key areas of consumer spending. larry: jaredda is a friend, kind of thin greuel to get rid of junk fees, we don't

believe in price controls do not lower costs of anything. the problem, art, the problem is real wages have been sinking for three years. people are poorer today than in early 2021, that has been happening, the level of prices has gone up, i call it affordability crisis, it in your hands. >> yes you are correct. people down buy inflation they buy prices. when you go there and buy, inflation has been coming down that is true. but no one buys with anonymous chinese they buy in prices, prices are up. just at a slower rate, since biden came out i think 17.5% that is hitting everyone, interest rates are the same, mortgage rates have gone up, people who bought homes in last year paying higher

rates, the rates have been dropping a little bit they are still high, expesm. and imf. employment is very low, people care about the total employment not how small number of people are unemployed. and gdp growth the last quarter of the high, but if is low. growth rate was high in the small base people worry about volume of output not the rate of growth of output when it is a low base, it is thin greuel as you say, i love thin but not greuel. larry: i think of it post-pandemic. pandemic was 2020, 2021, last two years. post pandemic. actually real gdp up 1. 7%, annual rate.

third quarter strong. as you noted inflation has come down, but prices are up 17% overall. groceries up 20%. >> they are. larry: energy up 30%. gasoline up 34%, gasoline has come down, it is still up from two bucks. >> it has. larry: electricity up 23%. i'm saying, you know, i think this is what plaguing biden, wages have been stagnant and prices are up folks are losing money. ordinary working class. they are losing money, that is the problem in the economy. >> they are. larry: where will it make us art? there are real wages under biden look at that drop. part of that is the increase in prices. >> yep. larry: i should not add cpi but dirk purchasing power. under trump, pre-pandemic, median family income up about 6,000 bucks, under biden, the same way, it is up $4,000 -- i am sorry,

down $4,000 bucks. that is a terrible swing. that -- those are the numbers, i'm not making it up. i don't want to pick a fight with jared, i am saying those of the numbers. maybe life will get better, you think 2024 will rescue the middle class? >> now, i don't think so, i think what you are saying are crick numbers to use -- are correct numbers to use, people floor at the employment not unemployment. and price level that the anonymous inside, talk about median wages, falling 4,000 versus president trump's rising 6,000, how could you not argue, the debate ires ers, that stuff, gavin newsom is worst, they pick the numbers they can flip around. the truth is that numbers that matter look really good for this administration. -- rail bad for this administration, they are not

getting worst at a faster rate but they are not getting better. larry: all right, we will leave it there, art, in good form, happy new year. top of your game. >> happy happy to you, larry. larry: b buy his book, because tax ps taxes matter we like lower tax rates. >> lrtz. -- all right. >> anyway, thank you. >> coming on kudlow. jojoe biden illegal immigrants are flooding our southern border in record numbers, can you imagine, 3 thousands illegals in december. the question is what will mr. biden and congress do about it, we have congressman pat fallon high is in eagle pass, texas, trump's strategy, looks to

flip t the extremist level. we have mark simone and charlie hurt. i am cud kudlow, happy new year folks hope of is alive. [typing] you were made to act spontaneously. we were made to help plan accordingly. ♪ your best defense against erosion and cavities is strong enamel- nothing beats it. new pronamel active shield actively shields the enamel to defend against erosion and cavities. i think that this product is a gamechanger for my patients- it really works. ♪ i have type 2 diabetes, but i manage it well. ♪

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larry: how bad is joe biden's border crisis, here. 300 thousand illegals in december alone. one month. grady trim trimble is live at white house with more. reporter: despite that, this morning, white house press secretary karine jean-pierre said that president biden understands the importance of border security, but republicans say, he is to blame for that record number of migrant incounters in december, those numbers hit an all-time high of more than 785 thousand in the last three months of 2023, g.o.p. lawmaker say that

administration trip to mexico last week to talk immigration, did nothing to bring the numbers down. . >> they ape appeased mexico and talked about amnesty. we have all these -- hr2, they do nothing. reporter: as we wait for president biden to get back from vacation tonight, he is posting on x about a topic, student loan forgiveness, saying my administration has canceled student debt for 3. 6 million people through various actions, bringing promise of higher education to more hard working americans. and we're going to keep going, maybe a new year's resolution from the president or better said, an elect year promise from president biden.

as new polling suggests he is struggling with young voters, he is falling behind president trump with voters under the age of 35. >> he is losing hispanics as well, happy new year to you, you are a fabulous reporter, does joe biden or his staff know that canceling student loans is against the law? that the supreme court which the highest legal authority in this great democracy of ours, said, he does not have that power to do that. does h he understand that in the plane c coming back from st. croix in his lovely home. reporter: maybe me watching kudlow on the plane, i doubt that. larry: sure he is. reporter: white house said they are going forward with student loan debt forgetness

regardless of what supreme court said, they are looking for other avenues. larry: there you go. >> happy new year to you too. larry: up the other avenues, grady trimble, a f fabulous reporter, joining me now texas congressman pat fallon, he is in eagle pass. i don't know when is worse, open border -- i do, open border bidens' amnesty and open borders this is discussion with president obrador in mexico, making us look weak, no change from this. reporter: not at all, what joe biden has done, proven he is committed to amnesty and not protecting american is the citizens, they could stick their collective heads in the woke sand, alejandro mayorkas gets in front of

congress and said that nothing changed from prior administrations, he lies, okay in first 34 months of obama administration there were under 1.5 million illegal, and former president trump 1. 6, joint jobe that is 8 million, that not comprage, she ei -- he is either obtuse and belongs at shaw shank or he is lying. larry: in mexico told trump we will not help, you trump said we'll slap tariffs on your manufacturers and automobiles, because, mexico is biggest exports to u.s., guess what, they had an epiphany and changed they put 50 thousand troops on the border, trump tough

biden weak. that is what is happening here. unfortunately for america there is no change. >> you say, u.s. president should project strength? not weakness? not-- grovel . >> imagine that. >> pat, i love, that you have hr2, there is great stuff in hr2, will you the speaker the g.o.p. house conference, stick to your guns on this? and not slide you know into some kind of mushy monetary deal that actually fo facilitates more illegals. >> we have no other choice, border is really that bad.

it has to be secured, that is one of the reasons why i ran for congress, to secure the border some day balance the federal budget, and johnson is the right man at the right time for the job, our very republic is at stake, we cannot continue on with this disaster, 99% of them are economic migrants, they are not asylum seekers. larry: there has to be deportation, there has to be deportation. that is part of this solution, i want to add that, pause there has to be law and order pat fallon thank you, we'll talk with speaker johnson town there. take care of yourselves there in eagle pass and happy new year, sir. >> thank you, larry, god bless. >> my pleasure, i love house guys, let's switch politics, 13 days until iowa caucuses, 21 days until new hampshire

primary. donald trump in a commanding position, a according to polls, polls not votes. an interview with john salomon. he is plans on campaign in blue states like new york and new jersey and virginia, and minnesota and new mexico, maybe a massive victory? he is just changing everything around. joining us now great charlie hurt, washington times opinion editor and freight mark simone. -- great mark simone, noon radio host. to you mark, this is an interesting this interview with john salomon, trump said -- a good guy, he is

plotting a campaign to convince american electorate that d democrats are the fringe party, they open the borders to millions out of touch with stain street usa, they enrich iran's terror machine and put biological men and women sports in locker room and advocated for abortion on demand, and just to finish it. ebidenomics and democratic policies making food and energy unaffordable. he is turning the tables saying to joe biden, you are the extremism "fringe" candidate. >> this is true, he is just pointing it out, democrat used to mean bill clinton, john f ken f kennedy, now claudine gay and every wacko left wing woke. mccarthy was hunting for

communists, there might have been some, somewhere in the government, they are all over, have to hunt for a noncommunist. larry: charlie is this a wise course for mr. trump? >> absolutely. this is what -- the best of president trump, this is why he won in 2016, 16 was issued oriented election. >> i said that. >> it goes under the radar, people were so upset that donald trump won, you look at issues whether it is illegal immigration or others 90% issues that trump who is the m master marketer looks add the it and realized, both parties, especially -- democrat party have failed to address the issue. larry: you heard me say this. like 2016, 2024.

in 2023 he ran an issues campaign, between videos and white papers and press -- he will have a town hall with bret baier and martha maccallum the same night there is a g.o.p. debate, clever. iowa caucus outlook? >> it is the be all end all for desantis his campaign, start to finish has been a disaster. he put everything in to iowa. he will lose badly. he has to drop out at that point, i don't know if he has the lack of st stubbornness to do it nikki haley, new hampshire democrats will vote for her, just to cause confusion. but, she has to drop out before south carolina, she does not have a shot. larry: interesting, charlie, all right. mark has decided iowa, ill give new hampshire to you. >> umso, i think that rail

ireally important thing out of iowa much press will do everything they can to make it look like donald trump lost. high -- they will do the same thing, when nikki haley does better than anyone else in new hampshire. but the problem is that slingshot affect of doing a strong seconds place in iowa, let's say ron desantis outperforms what we think he will do. you have to win somewhere, at-this-point, it is everyone will to a strong showing, by coming in second, to trump. well if donald trump wins by a little or a lot, and way it works at the end of the day whoever has most votes wins, if donald trump keeps coming in disappointing everyone by coming in first he will be the nominee. larry: tony -- i don't hear them, the hottest issue u.s. an politicians

is the border. desantis little bit, hahaley stuck on civil wars. and trump pounding away on the border. he wants to convince american elect, democrats are "fringe" party out of touch, to main street, they open border to illegals and fentanyl. he has been saying that. it has to play this month, we are in the deciding -- new hampshire spills over to early february, trump has the issue. >> people forget 2016, border was number one issue. that is how he won. problem in 2020, he contained that problem. it wasn't a big issue thin, not like 2016. larry: a good point. >> now it is a 10 times bigger than 2016.

people have seen what it does. they know he is not an alarmist. this will be winning issue. larry: go ahead. >> i agree, as you point out, he did what he did at border, he did unilaterally, and problem was in and reason that joe biden undid if, congress refused to work with him, and mark is right, that is the issue that got him all elected in 2016. larry: biden wants to cancel student lo loans, that is illegal, in that since stain. >> he is doing it anyway. that is impeachable. >> he is a clip tocrat. >> they -- young people hear him saying this, they are polling for former president trump, they are not

impressed with buying votes, charlie and mark happy new year to you. >> coming up. israel takes out a top hamas commander in lebanon, a cool story, like trump took out soleimani biden has no answer for houthis however or iran's ayatollah, we have a live report from treyo yingst. casi kudlow, happy new year, kids. viking - voted world's best by both travel + leisure and condé nast traveler. learn more at viking.com.

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larry: more breaking news top hamas commander has been taken out in lebanon by israel. that is big. thin there is some stories in paper about israel changes war strategy. for all news we go to trey yindst in te tel aviv. >> happy new year, good afternoon we're following breaking news out of beirut. israeli tr drone strike reportedly took out deputy chair of hamasal arouri.

he was considered to be their leader for operation in west bank. what is important, is his relationship with hezbollah and regime. in october,aal al arouri met. in august of this year, israeli prime minister benjamin netanyahu issued a stet toal arouri telling him to stop the strikes and attacks across west bank or there would be a response, we understand that this deputy chairman of hamas, had a bounty on his head by u.s. state department for 5 million, know indication of how big this figure was in hamas and why he was a top target for israeli military. >> this sounds a little bit

like. in the trump administration. when soleimani of the taken out. -- was taken out, a big thing,s this they are symbolic, maybe this is an operational defeat for hamas. reporter: absolutely, a great point, interesting fact about the two, qassam soleimani and arouri met, tomorrow is anniversary of strike that was ordered by trump administration. when you talk symbolism the region is watching to see if there will be a response by hezbollah or other palestinian factions in southern lebanon that may launch rockets are missiles in response to israel. larry: trey thank you. >> i'm kudlow we'll be right back with the last word.

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larry: that's it for kudlow, thanks for watching, folks. - ever since that third little piggy foiled the big, bad wolf by building a house made entirely of brick, we humans have developed an appreciation for that, which is resistant to huffing and puffing,