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tv   Kudlow  FOX Business  January 23, 2024 7:00pm-8:00pm EST

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haley faceoff today in new hampshire primary. this a week after mr. trump's plow out victory in iowa. why is haley say she will keep running even if she loses, i don't get it, we have senator rand paul tell us why he is never nikki. letter tim scott and vivek ramaswamy will report on last night's tour deforce unity rally for donald trump in new hampshire. then, dean phillips, might he embarrass joe biden in the new hampshire primary? nobody is reporting on that, we'll ask breitbart's alex marlow and monica crowley first up madison alworth in new hampshire. what is cooking. reporter: we're at the biggest polling location in state, it has been easy all day long.
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the line reaches outside of the gym. it is the first in nation primary, it is now a two-person race on g.o.p. side. looking at the nikki haley camp her campaign manager sent out a memo this morning, ahead of the voting today. in the letter they rejected notion that new hampshire was a make or break it state for candidate, haley camp arguing despite members of press saying that new hampshire is best it will get for nikki haley. many up coming states have the statement dynamic with voting, giving then confidence, the message they spend, she has been underestimated in political arena before, and it is happening again. now, back to the polling station, like i said, biggest in state, they are expected to count 12 thousand ballots today, as of 3:00 p.m., there have been over 4 thousand republican ballots cast, and over 1 thousand democrat. we have the chance to talk to a lot of voters here,
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they gave us their take on who they are voting for and why. >> donald trump. he is the greatest guy, a businessman, he knows what he doe, the other people are politicians, all they did is kiss babies. >> i like what she stands for. i think she has good cre credentials, and i don't want to see trump's face again. >> i am voting for trump, i want things to be the way they were abide senate cutting it -- biden is not cutting it, trump is the man. reporter: both nikki haley and president trump have visited polling stations today to drum support. haley here, and trump made a surprise stop to talk with voters, he said his reception there makes him confident going to tonight. >> i am very confident, this is it, we just stopped here, we stopped at a polling site, we picked it at
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random. we may stop one more, nobody knew we were coming this is amazing. reporter: larry, majority of polls close at 7 p.m., voters have just a few more hours to make their voteses heard in first in nation, primary. larry: madison alworth thank you. >> a gr quick election day authority, i don't know why nikki haley is vowing to stay in the race after new hampshire, maybe that is what all candidates say before they drop out, ron desantis said it, vivek ramaswamy said it and others and et cetera. politicians say, no, no to where they say yes. i don't know why nikki haley also thinks she is being treated unfairly by media, here is a clip from to this mornings fox and friends show. >> i know you want to win, is within five points of former president is that a strong showing.
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>> at the end of the day, you will' talking about what a strong showing it ser not, i don't think that you will tell the truth, i will fight no matter, what i don't care how much you want to coronate, donald trump, and lie, i'm wondering why you think we're the enemy. larry: ouch, i rather like what former president trump said today about all this. >> i don't care if she stays in let m her do whatever she wants there, has never been a move th movement like this, make america great again. larry: suggesting to continue his unity theme, it has been effective, unifyings country around successful policies with restore economic growth, close the border, and america first foreign policy and so forth. interestingly the poll came out on key issues, trump
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comes out ahead on reducing taxes, handling migrant, growing the economy, reduce in violence and crime and controlling government spending, president biden ahead on reducing homelessness and climate change change. on 7 key issues identified by accurate pop trump takes 5. there is another interesting thought piece. from selena zito. >> she is a great reporter, she charts president trump's comeback when he visited east palestine, ohio, after the terrible toxic train derailment where biden has not and up to this point still has never gone to gov to do visit that disaster site. then, soon after that visit, his numbers began to climb. now i have argued for over a year that mr. trump's strong position on key issues have
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propelled his come back putting him back on top, i think tonight's new hampshire results will bolster and reinforce his remarkable political comeback more, that is my riff. issues based. for more on this, let's bring in kentucky senator rand paul. who has said he is never nikki, welcome, i'll play tape from your old discussion. >> i'm not yet ready to make a decision. but i am ready to make a decision on someone that i can not support, i'm announcing i am never nick i,nikki, i don't think any informed or knowledge able libertarian or conservative should support nikki haley, i have seen our attitude toward our interventions overseas and involvement in military industrial complex 8 million dollar to be paid to be a part of the take i have seen
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her indicate she thinks you should be registered to use internet, people posting ideas anonymously. larry: senator paul welcome. that was you on internet. expand, never nikki. what are the biggest barriers to your support. >> you know there has always been different wings from party, i come from liberty wing, this is a part of party that believes in the constitution and foreign policy should be approved by congress, we should try to not be eig t eager to be in war, nikki haley hails more from wing of party mccain, and mcconnell, dick cheney wing, where deficits down matter, we'll be the world's sugar daddy and policemen of the world, there is over in a war that these people didn't want to be involved in or want to pay for. this is opposite of what donald trump was he said,
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payment. . -- people in nato arey from loaders, this is oop sit -- preloaders, this isa op set approach, and nikki haley said, reneed too register people on internet. so, there is a lot of reasons i'm never nikki, but biggest she would be reckless with the foreign policy and more likely to get us involved in a war. larry: interesting point. potential for censorship on the internet. you are hinting at in your xaccount. i had not thought about that or followed that so much, what is her record on that? >> you know, the thing is you have people on the right and left, left wants to censor more, most of the time right is not wanting to, but some on the right saying liberals --
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writerris saying liberal control social media we need to break them up and control the tech companies and regulate speech. there is a populous flavor in republican party that wants to do, that i consider her a part of that movement, she told the truth initially, she backed away from it but her first react was we'll police the social media networks and make them register that scare scares me to death, internet allowed us so much more freedom, i. in 1970s there were 3 television stations they said the same thing, liberal clap trap about big government there were no conservative point of views in the 1970s and 80s, that is when you get without internet or cable tv or radio. i am afraid that would happen if you have government involved with registering people to be on
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internet, it would be terrible. larry: come back to foreign p policy, and ukraine. shy had a unbridled support for ukraine with more money and more weapons. senator paul, you moved my to this issue, we discussed it when you last appeared, to me, at min minimum there should be diplomatic initiatives. i don't think we should just throw money at ukraine willy-nilly. are you going to endorse president trump? >> you know, i was wondering if you would get to that question. larry: oh. >> you know one -- i tell you one reason i have not. i was probably one of his best defenders while president on both of the impeachments, i was loud and vocal, talking about partisanship. on second impeachment.
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but also had some problems, i want to be a vocal critic of when i think that republicans make mistake, i thought it was a mistake to lockdown the economy, i think president trump changed his mind after a while, but fawch fauci was allowed to have so much power, we were lock downed too long, we sent too much checks out, they were problem, we need to do a better job the next time. i also could -- i am a republican who thinks that entitlement have to be reformed, i don't like the attacks that were leveled against desantis saying he wants to take away your social security, they are democrat attacks not consistent with republican conservative, we have to tackle time entitlements, they have to be reformed or there will below entitlements. i have those reservations, i over time that we'll talk them through, i will support donald trump, he will be the nominee, but i don't think he need mic needs
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my support, i appreciate a lot of good things. had a good personal fr friendship with him, i hope that will remain. but the thing, coming out with never nick i way -- nikki haley to make sure nikki haley never became the nominee, i had more affect without an endorsement we had 10 to attorney million views -- to 15 million views about never nikki. >> i had you down, i pin penciled as budget director under president trump. he is pledging to cut spending. that is pretty good move. in the right direction. >> i'm helping from my pinch perch in senate, we do have to do anything any all spending that is everything, the military, nonmiller, and entitlement. it all has to be looked at. medicare is a trillion
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dollar budget, you are telling me we can't cut 1% of that, i hate that gamesmanship of people saying this person, this is what aarp does, so and so is take away your so so social security, be honest with people. they have to be fixed. someone has to be honest and tell american people, if you don't fix social security and medicare they will go bankrupt. larry: senator rand paul thank you so much appreciate your candor. >> on kudlow, breitbart's john carney said that inflation is a bigger threat than recession, he will talk about it with nancer tengler. you can catch kudlow every weekday on fox business at 4 p p.m. i'm kudlow, we'll be right
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larry: all right welcome back, let's talk about the economy. breitbart john carney writes that inflation is a bigger threat than recession. he is joining us now live to the set, welcome john carney.
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and nancy tengler. author of the women's guide to successful investing. okay. the leading indicate, index, 21 straight months of decline, but reso recession has not come yet. >> predicts things 7 months in advance we're 3 times out where they should be. that tells me that the economy may be very different than it was pre-pandemic. there is probably a big change in the economy. that is why a lot of these indicators, the -- like inversion of the yield curve, the leading economic indicators, keep saying recession, not happening. i think we're in a higher interest rate environment, and i don't think that these things have adjusted to that yet. and that is probably one of
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the reasons that, i like the lei, a pay attention to it but it sends a false signal forever recessions. larry: almost two years, nancy, the lee has not borne out the regular, and m2, that soared then came down, that did predict accurately lower inflation but not rig, normally that would be recessionary and other one inverted curve, i like to aus that federal reserve of newbunew york model. >> i think this period is analogous to 1990s with 10-year yields at 5 to 7%, and inflation port above 3 and inverted yield curve and a soft landing, i
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long for days of wayne angell and allen greenspan. there are a lot of analogy solved by investment. i think we can continue to see maybe better than we deserve growth. but do it with a tight labor market and improving productivity. larry: john, you know, two aspects -- one is as ac axios put it biden boom. but on this point, 90s, information revolution, a.i., i know almost an ininvestment cliche, the application of a.i. seems to be sweeping the market like the application of information revolution in 90s. i don't know it is political, has much to do with policy. but it is you k.
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>> a new technology, people are excited. if you mess around with it there are various ones that you can go on on-line, it can accomplish a lot of tasks that you want to get done, you could write a resignation letter on it or a coverletter for a new job, very easily, takes dummy work away from you, there is a productivity boost. i bet a a lot of stark markettinethusiasm. people will get burned on these like the.com boom, but that does not mean that technology was not valuable, but sometimes the players hard to pick at the beginning of a boom. larry: you know just occurred to me, you could write an a.i. letter to resign from presidential race. [ laughter ] just saying that was a joke, ha, joke. >> and markets had a terrific run. >> we need a correction, we get a 10% correction 1 every 12 months that is healthy,
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that is an opportunity to buy in this is a san election year to 1940 markets go um up. i think earnings are improving in tech names, they are monetizing a.i. the large companies, i think that you want to to is step back, and pay attention to the high quality management teams and use weakness to add to holdings in those names. larry. >> the thing that makes he nervous about stock market there so much enthusiasm for 5 or 7 rate cuts, if that does not happen this is the catalyst for correction. >> yes. larry: like the mid to late 90s gr fr greenspan talked about irrational exuberance. >> it is a much more reabout robust company,.
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larry: is microsoft your favorite. >> one of them, it is obvious. larry: i felt with them when i was in government, first time i dealt hands on with them, politics aside they are smart. >> they are. larry: a handful of companies, i put cisco in the list, i know there are others. nvidia. >> they have not missed the a.i. boom. >> they have learned their lesson from what happened to them last time, they are ahead of it. >> they have to stop getting hacked. larry: just stoop getting hacked, are they not in the anti-hacks business. >> john carney and nancy tengler. >> thank you. >> coming up, vivek ramaswamy talks about this tour deforce unifee rally for donald trump last night in liconnia, new hampshire. and why does nikki haley think she will stay in the race if she loses tonight? then how about the sleeper,
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when about the democratic primary and this congressman from minnesota, dean phillips, have you ever head heard of him, his name is on the balloted. jozone joe biden is counting on a write in vote for him, what if h new hampshirians throw a wrinkle. we talk with a alej alex mar low and monica crowley.
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do you shop for supplements at vitamin shoppe? force factor products powerfully improve your health, but they're also delicious, easy to use and affordable. that's why force factor is vitamin shoppe's best brand of the year. unleash your potential with force factor and vitamin shoppe. larry: all right welcome back, vivek ramaswamy. got it right last night, choice in new hampshire is clear, listen to what she said at the gala rally. >> if you want to seal the border, vote trump. if you want to restore law
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and order in this country, vote trump. if you want to defeat the deep state, vote trump. if you want to fight inflation, vote trump. >> all right, we welcome back to show vivek ramaswamy. i'm sorry former 2024 candidate. vivek thank you. you know i love what you said, but the one thing i really liked, you probably only one mentions is about draining the swamp, i have a sense this is a sub rosa issue. but a lot of folks believe that mr. trump has the strength and determination you know cia, fbi, justice department. irs, he is the guy to do that, like an unspoken issue. >> it needs to be spoken. i think that donald trump is the right man to get the jjob done, i was in race to do the same thing, i will
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do everything in my power to make it happen, shut the don't state. we the -- shut down the deep state. we created a government that is account able to us, not the other way, at very least, people we elect to run the government should be those who run the government. not the unelected bureaucrats, we need to send about 75% of the bureaucrats back home packing and shut down agency that should no longer exist and down size others, that is how you revive the economy by the way and our constitutional republic. i know that donald trump is the right plan to get that job done, i'm betting on in a second term, even at a greater scale, than the first term that is what we'll get. larry: you know, vivek, on this, so important, i don't want to abolish the fbi that is not my view, but i think or the cia but there has to be after what happened with
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all of the phony charges, particularly against mr. trump, but not only mr. trump but ba -- make stuff up, and use political campaigns for cia or fbi or justice department. you have to have a house cleaning. there just has to be a house cleaning this has not come up yet. but i -- i think this is important. >> look, let me see if i can convince you on fbi, i think that right answer can't just be a swap of figure head, you have to shut down and reorganize. i have laid out a practical plan for this. i will share it with donald trump at right time. 35,000 employees at fbi right now. 20 thousand of them are back office bureaucrats, i think they could go home packing that is where a lot of corruption comes from, but 15 thousand cops on the front lines, we can move them to the dea or u.s.
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marshals who have been more effective in fighting child sex trafficking winners on fentanyl epidemic, move them to financial crimes enforcement bureau at u.s. treasury, which has more specialization. to go after financial str fraudsters, we can be smart about how we reorganize them to bureaus or agents which have not been corrupted in the same way. the same j. edgar hoover building that people walk into every day for work, shutting it down, but in a way that is reasoned and rational, in the way a ceo would could shut them down in a way that leaves us better off not worse. larry: another one, vivek, you know, the misuse of foreign intelligence for political purposes. >> yes. larry: we single out the
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cia, not only the cia, but the whole defense and intelligence community, if you will. stuff has happened in last bunch of years that should never have happened. i don't know who has been doing this whether the buildings or swept and replaced but this is the back of people's minds, i think it will affect their voting. >> i think this is what american revolution was fought for. i don't use that hyperbolically, in a real sense for most of human history, including old world europe, world view is people cannot be trusted to self-govern. today in back of three litter government -- letter government agency buildings that the decisions get made. we said in 1776 is no, for
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better or worse, we the people decide that at the ballot box wherever citizen's voice and vote counts equally. one thing to understand did deep state, people that are committing what we view as violations they believe they are doing right thing out of bbe benjamin netanyahu -- benevolence. >> they perverted that whole system, surveillance and oh, my gosh, vivek thank you so much for coming on. thank you for the rally last night, we are grateful appreciate it, talk soon. >> thank you. larry: let's talk about the democratic primary. president biden's challenger congressman dean phillips. i don't know if you heard of him, fox news peter doocy is live at white house with more. good evening, peter.
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reporter: larry, joe biden is not on the ballot, he did not want to be on ballot in new hampshire, he is not. he is the president. there has not been a write in campaign like his since llisa murkowski in alaska, but biden is not even doing anything. >> write in campaigns are g difficult, what is important grassroots effort on the ground, engagement. dnc made a terrible decision to not have new hampshire go first. reporter: democrats in new hampshire that president biden is counting on to hut him first, today are mad at him. >> democrat national committee said that by mary primary is not real, that is nonsense. >> i don't care about the
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dnv, they will not affect what we do in future. >> some people say why should we write his name in, but he is our president. and alternative is frightening, i'm doing all that i can. jim: >> party leaders believe president biden will be busted by a big turn out. -- boosted by a big turn out. >> the secretary of state, been working closely with local moderators for months. and really beefed up the folks that come in and help do the counting, the counting should go smoothly, i we'll know close to the final numbers by 11:00 news. >> here at white house you never know there was a an election and president biden is some way a part of. he is not on ballot because of write in, he is in me virginia, they are talking about abortion or as they
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call it rer reproductive rights. larry: thank you, peter doocy, we bring in alex marlow, and author of the breaking biden. exposing hidden forces and secret money machine. and monica crowley. host of the monica crowley podcast, welcome to you. alex, i don't know. maybe there will be some interesting mischief where democrats don't want to write in for joe biden, they know that trump thing is over, they will not waste a vote for nikki haley. and i don't know whether they cast a vote for dean phillips or marjorie williamson or not, is there a potential embar embarrassment to joe biden on new hampshire ballot because of the write ins. >> it all embarrassing for
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joe biden, first he is rejecting the democratic process, the whole point that democratic party dud does not believe that new hampshire is a good representative of what they are about, they want to control their own primary, to a degree, they reject new hampshire, they are hospitable toward independent candidates, they want to make south carolina more of a democrat -- -- centerf campaign, but there is no campaign. all a big joke. larry: no, we lost you. but you came back. 91 moncar, ne monica, new hampshire people sometime they can be -- i had a speech writer, say, democrats may look at trump thing the latest poll show him ahead by whatever 25 or 30 points in new hampshire.
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they might decide not to go vote for nikki haley but they might help dean phillips as a protest against biden, i ask you. is such a thi thing possible. i call it new hampshire mischief. >> the granite state is like independent as is most of new england. i would not be surprised if we saw surprises tonight, it could very well be that there are enough democrats in state of new hampshire who are really angry and feel disrespected and rightfully so by joe biden, his campaign and white house, they could not even bother to compete biden's campaign made this decision what they thought joe biden would be running uncontested in the race. and when bobby kennedy switched to an independent ticket. but now you have dean phillips, he is trying to make a race out of this, if
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you have enough voters in new hampshire who say, you know we'll teach joe biden a lesson, into vote for him, you will have a perception thatfieds into the already existing perception that joe biden is weak. heading to general election, and perception in politics, is reality. larry: it will be interesting to see, alex, another point, nikki haley and her people say, she will continue the race no matter what happens in new hampshire. i don't know whether to believe it or not, politicians always say no, no then yes. i had a pal of mine who ran for president not long ago, very influential congressman. he is not a big trump guy. but he said to my, he didn't understand nikki haley's narrative. except for being against trump, what is nikki haley selling? what is she telling voters.
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i thought that was inciteful. what is her narrative. beside attacking donald trump? >> she is representative of old guard establishment of republican party, type of people who think we can equivkate on open border who think that maybe there something to this trans crazy we're in, who think that we need to be in more wars not fewer, that defense contractor should run our forforeign policy, that is the issues that nikki haley difference yates h herself from crump -- trump, the people who are voting see more a tize eye-to-eye with trump, they believe political establishment is biggest threat, what talked about with vivek. larry: monica, the last word on this, i think that draining the swamp and going after the deep state, i want
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to repeat my theme of mine. i think it will play a big factor. >> absolutely, most voters now understand that perhaps gravest threat we face is the weaponization of our own government against us. and donald trump is a major symbol of this, major target but others like elon musk and regular americans like parents and catholics and january 6 nonviolent defend defendants we have been targeted if we engage, that say major driver of voters this fall. as well as inflation, and illegal i immigration. >> you are both terrific thank you for much on this election day, a alex marlow and monica crowley. >> we're just getting warmed up donald trump says that success is the best unifier,
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for the whole country. we'll talk about it with senator tim scott. the great tim scott, when kudlow returns. cashback 3% on dg including take-out. cashback on flapjacks, baby backs, or the tacos at the taco shack. nah, i'm working on my six pack. well, good luck with that. earn big with chase freedom unlimited with no annual fee. ♪ when you're a small business owner, your to-do list can be...a lot. ♪ [ cellphone whooshes ] [ sighs ] that's why progressive makes it easy to save with a commercial auto quote online so you can take on all your others to-dos. already did. see if you could save at progressivecommercial.com.
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get over here kids. time for today's lesson. wow. -whoa. what are those? these are humans. they rely on something called the internet to survive. huh, powers out. [ gasp ] are they gonna to die? worse, they are gonna get bored. [ gasp ] wait look! they figured out a way to keep the internet on. yeah! -nature finds a way. [ grunt ] stay connected when the power goes out, with storm ready wifi from xfinity. and see migration in theaters now.
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>> we need a president, who will close our southern border today. we need a president who unite our country. we need a president who will lower or taxes and not raise our taxes. we need donald trump. [applause] larry: there you have it tour deforce unity rally last night, that was great senator tim scott, former 2024 candidate himself. and ranging member of senate. thank you so much. you know as lang a long as i have known you are you want o optimist, a pro growth by, you got engaged i'll make a congratulations on that. terrific stuff. saintly wife and i have been married 36 years, you make
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common cause with donald trump, you senator tim scott are quin pro growth optimist guy. >> think about it 10 million, remember that number, 10 mill yo ion ill ill -- 10 million illegal immigrants crossing our border, how did that happen? people elected joe biden. how do you stop it from happening in future, reelect donald trump, donald trump had a 90% lower illegal border crossing. we have a stronger border under donald trump than joe biden. think about low inflation, low unemployment and high opportunity.
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call it the laffer curve, we understand the relationship between taxation and revenue to the federal government. who provided with more than 4 thousand do dollar for average family in country, donald trump. who lowered and kept inflation at 2% not 9% like joe biden, but 2%. that is donald trump, he had most inclusive economy in the history of our nation? creating 7 million jobs? donald trump. the american people unite around the issues that impact their kitchen tables, their kids, and probably more importantly, their grand kids, who makes america's future stronger, healthier, donald trump. >> i know. >> end of story. larry: i hear you. look, you know, you will make common cause with president trump. people don't see him or talk about him as a pro growth
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guy. but he is a pro growth guy. always been that way, throughout the campaign, then election in 2016. and then his administration. i -- you know, i'm thinking we could get more tax cuts here. roll back regulations and he talks about you know drilling for liquid gold and border security -- securing the border would be pro growth, you as an apostle of growth you are important cog in trump orbit, i felt sip tsenator that is one of your key calling cards. >> c thank you. think about trump years, we saw bottom 20% their wages grew faster, than wealthiest americans. you talk about reasons to be excited about the future, when single moms saw their taxes go down by 70% because of donald trump. we saw more than 4,000
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dollars back in our pocket, history black college and yfortuniversities with highest increase, time for all of us to coalesce around his candidacy and make the next conversation not about the republican primary but winning back america for americans, let's get it started, tonight, roll it to south carolina. and baby, the party is over. larry: you know. we don't have enough time, we'll have you back, hopefully you will come back. the commitment of mr. trump to opportunity zones and improving our nation cities they are so important. but anyway, senator tim scott, congrats on the engagement thank you so much for coming on. and thank you for making come an cause with mr. trump. >> i'm kudlow, we'll be right back with more optimism, i'm kudlow more
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larry: that's it for kudlow, thanks for watching, folks. esids have been admitted into a very exclusive club. i'm not talking about the skull and bones society

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