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tv   Kudlow  FOX Business  June 5, 2024 5:00am-6:00am EDT

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(woman sobbing) we will all regret this day! - just days after christopher seider is buried, five more american colonists join him as martyrs in the struggle for freedom. what starts as a protest against military occupation escalates into a bloody reminder of the disregard the british have for american lives and american liberty. the boston massacre finds a lasting place in american history, not just as a horrible tragedy, but as a call for true patriots to stand up and fight for the unalienable rights we hold so dear today, the life, liberty, and the pursuit of happiness. (dramatic instrumental music) larry: hello, folks. welcome to kudlow, i'm l arry kudlow. so after allowing roughly 10 million illegals into the
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nation, president biden finally announces an executive order about the border, i don't think that will solve anything but we'll hear from wyoming senator john barrasso, and tommy tuberville later, but first edward lawrence is live at white house, he was there at the announcement. what is cooking? reporter: so potentially president is now laid ground work for large scale deportations of people crossing border and executive actions today if the numbers of people crossing reaches 2500, no more asylum claims will be taken until that number is 1500 level. right now 3100 people a day are crossing between borders, under this plan tomorrow, people crossing between will be deported under title 8 if they don't meet the heightened
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threshold. >> this will help us gain control of the border, restore order to the process. this ban remain in place until the number of people trying to enter illegally is reduced to a level that a system can effectively manage. reporter: there are and exemptions, unaccompanied minors. raising concerns about child trafficking. 1500 a day or on the country list, would be allowed in. already more than 5 million people including known got aways reside here, who crossed illegally under president biden, 26 states and district of columbia with a population less than 5 million people, it has hose w those who moved into the united states legally upset. >> my family had every time of visa that you could imagine, and then the
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process. they had to wait for many months before the process. they are 85 years old, and lost every finger in the war in ukraine, i think we need to follow the process. reporter: fox news, power ranging shows former president trump with 18 point lead on border policy, critics say what president did today was too late. back to you. larry: a couple quickies on this. there is not much on paper if you will about this whole idea. did he say anything about deporting criminals or working with sanctuary cities and states, you know using 287 g of the immigration and nationally act. he is using 212 f ? any talk about deporting a at all?
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reporter: no, not of those folks in the country, this is under title 8, and one interesting point, if you do the math, white house official said they had 36 deport plights in the past -- flights in past two days, that is 200 a flight, that is 7200. you have 3100 people crossing each days. so under this -- they will fill up the facilities, so what happens when they can't dodeport the people they need to deport, that is the issue, there have been concern about hey, maybe they will have to let go of some folks. we'll see in a couple days when facilities get full with deportees what happens, when you fly someone back to nepal, someone from china, they are long flights, you can't just turn that plane. larry: got it, edward lawrence thank you, appreciate it. joe biden can pro te
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pretend all he wants, that is is solving this. nobody believes, that is the subject of the riff, joe biden will not fool anyone, this last-ditch, looks to be vague, riddled with exceptions and unenforceabla. does anyone believe mr. biden wants to enforce any limits to illegal immigration? don't think so. i mean, there is a guy whose policy let in at least 10 million illegals. with all horrors that accompany that number that sex traffics drug trafficking, kidnapping crime and enormous expense to taxpayers. joe biden refuses to evoke, which empowers border authority to work with local police enforcement in sanctuary cities to identify, catch and then deport criminals.
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now an effort would pay huge dividends and send the right message to the illegals. there will be a numbers game coming out of the white house, nobody will believe it. i have seen estimates that when migration is limited to 2500 per day, you put that for a full calendar year crossings hit about 912 thousand. but hundreds of thousands more have come in with the cpb 1 app. and biden just issued an executive order to let in roughly 400 thousand through a mass parole scheme. cubans and haitians and they can all fly for example directly to america. biden's new crackdown still permit 1.75 million new arrivals etcs -- every
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year. does anyone have confidence he will implement that. my thought how about zero illegals, i am very much in favor of legal immigrants, maybe a million or so each year that was number proposed by thin president trump. -- by then president trump. but legal immigrants who speak english, who know some american history and civics provide evidence they have a job, waiting for them or are going to make a significant investment in to american business, these are ideas put forward by trump administration with a point base system that shows qualifying or non. this policy by the way copied from countries like canada, new zealand and australia, who have successful legal immigration programs. but the democratic congress,
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would have none of trump's plan. joe biden never mentions a plan forkinking we legal immigration reform that say pipity, a good plan would solve so many problems. in his speech in whacka shaw, wisconsin in may, mr. trump talked about spiraling cost of illegal immigration and how it will damage major entitlement programs. >> it is just will end up cutting social security, by allowing millions and millions which is not sustain an of people coming in through the southern border, you will destroy social security, medicare and the fabric of the nation, it not sustainable, it is not affordable by any country. >> this is important. so car cost estimates for food, and housing and healthcare are running upwards of 150 billion that
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according to the house budget committee. in all likelihood, the true cost is greater. but trump's point is important, spiraling cost of illegal immigration will crowd out america's basic entitlement system. this is a problem that no one but mr. trump has dared to raise. and other hand, just ask taxpayers on the street who already footing high cost bills of illegal immigration. joe biden can pretend all he wants he solving that problem. but the reality s nothing will change come nothing will change, until that is, the white house changes hands. lrtz. that iall right, that is my river, we welcome back to show senator john barrasso of great state of wyoming, great to see you. you heard my riff, what is
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your take on this? >> great to be with you, this is the politics of panic. and it too little too late. white house biden and every open border democrat has a right to be panicked they know that open border is number one concern of american voters, they know they let 10 million illegal immigrants into the nation, that is what they have done over the years that biden has been in office, they have 94 executive order that democrat put forward opening the border, now they have one they say they will try to shut it down, this is campaign camouflage. bibl-- this is biden administration saying oh, my god we know we're in trouble, we have to pretend year doing something, if they really wanted to do something, they am finish the wall, get rid of this policy of catch and release,
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and restore the remain in mexico policy that worked soy well. larry: on that last point. newly elections president of mexico, the woman, she says she would cooperate to stop the migration problem, she said, that obrador, himself was cooperative with trump but when biden repeopled executive order then -- repealeddic on mexico turned its back. this history. just a simple question, who will enforce this? or how will to be enforced? 2500 per days. for a week. then we go to 1500. then to -- i don't understand. we don't have manpower. already it bad enough that border authorities are used add baby sitters rather than military authorities to stop, how cell this be
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enforced? >> open of border democrats have no interest in enforcing it. they are inrest interested in smoothing the flows, who joe biden walked into white house that first day, our southern border was secure, the democrats are responsible for drugs, death and disvehic destruction that has come into the country ever since. the drug cartels and criminals and terrorist watch lists, they are threatening america, that is who attorney general was talking about today in the house, he was worried about a terrorist attack, you see the 19 yea-year-old who shot two police officers in new york. it is democrats who stopped allowing our border patrol. to do what they need to do to enforce the law, that is
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why in november, i believe that american people will hold all of these open border democrats and joe biden responsible, and throw them out of office. larry: is anyone talking about deporting criminals? that is tied up with sudden cities, i -- sanctuary cities, i heard, a story in today a "new york post" it might have been yesterday, reports how our mayor eric adams, who can be so good and so not so good, different segment. but adams meeting with biden officials in washington, saying he wants to end new york city's status as a sanctuary city. he actually said that, had an argument with house senator staff 57 wh person who is now campaign manager, said i can't get rid of the criminals, i don't want to pay for them and we'll
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change our status, as you know, that is a key element of solving this problem. is anyone in white house or administration or dhs or i don't know, you know humpty dumpty on a wall, talking about this? >> i agree, they would be meaningful solutions, but that democrats want, that the democrats love the fact that sanctuary cities are magnets for illegal i'm grameimmigrant. you see it in col colorado, denver, and san francisco and challenging which, chicago, they are now counted at part of the census, census should be for u.s. citizens it is not it is just for anyone that is there they use that to determine how many congressional seats a state gets and electoral college votes that state gets that
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impacts our electiontions and so many of fl -- blue states where people are leaving, they want to get out with high taxes and crime. they need those population centers to continue their role in elections, i think that white house is happy to have the sanctuary cities as a magnet. larry: you know, sir, i would make a small suggestion with that you and your colleagues put program, a legal i'm gr immigration reform plan, and please fill free to pore -- feel free to borrow heavily from what many of us in trump administration worked on in 2020. the clock ran out it was based on a you may recall, on a point system, you know know civics, speak english, know american history, show you can get a job or make an investment to american, we
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borrowed from canada, new zealand and australia, which have successful legal systems. i think it would be great, to show the positive here. here is what a legal system could look look. we'll have to have big changes restore remain in mexico and the wall. run on a positive platform. democrats don't want to touch to one. >> it would only work in donald trump were in the white house, he would enforce the law, we have a lawless president right now in joe biden and lawless democrats who will not enforce the law. they are not enforcing the laws on the books now, there has not been a change in the law since you and president trump left the white house. the border was secure the day he came in no law as been changes it is a matter of what they have refused to
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enforce. that is why we have 10 million illegal immigrants in country today with crime and drugs and depth of despair. larry: they will break entitlement system, trump is right. this is the cost of this. they will bust up social security and medicare and medicaid for that matter, they are on the way. i get it, it is -- i think all thing is a tragedy. i agree with you about the lawlessness. >> and sanctuary city of denver, south of wyoming, where i live, greatest state, in colorado, getting -- sudde sanctuary city demands of illegal immigrants are costing city so much they had to layoff police officers and member of fire department and we're trying to recruit them to come to wyoming. larry: heck, you know, you are right. here in new york, they have 13 kids out minor -- thrown kids out minority kids out
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of school to make room to house the illegals, you can imagine, and as you said two cops new york finest in queens, were shot by some venezuelan criminal. who wasn't aling we was -- who was an illegal, i get it. a few phone calls. check in. just my two cents. >> we need donald trump back in the white house, that is what we need that will help solve the problem traumatically. larry: yes, sir. >> and republican senate and house of representatives. larry: he disagreement here, senator john barrasso of the greatest state of america, wyoming. >> all right, coming up next, here is another interesting story atlanta feds gdp forecast. for second quarter, slashed from over 4% to just 1.8% in
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a couple weeks remember first quarter of the 1.3%, looks like a slowdown slump has taken hold. we have mike faulkender and john carney weighing in when kudlow returns and i guess illegals are crowd crowding out real wages for america maria and julio thought their life would never slow down. then one day, it finally did. you were made to find inner peace. we were made to track flight prices to paradise. at enterprise mobility, our experts always see another road. because with the right mobility solutions,
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powering smarter savings. powering possibilities. larry: let's talk economic with mike faul faulkender and breitbart's john carney, welcome. john carney, you are like the day-to-day guy with our great breitbart bulletin. hotlanta fed mark down gdp in q2. to 1.8. first quarter was 1.3, a lot because much manufacturing slump. today jolts report shows that job openings continue to decline. it looks like a slump is in process, what do you think? >> so, th the an the decline in gdp is over
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stating what happened, i would be wary of reading too much. but, i do think that there is a real signs of a slump in the economy. if you look at way that stock market stopping to economy news -- the fed will cut. we were up a little bit today. but not by much i would have thought we got a week jolt number that stock market would have thrown a big party, i think because visitors are wary about what is happening in the economy. >> you know. mike faulkender, the business side, yes real retail sales look sloppy. okay. but, the ism manufacturing report dovetails with lousy numbers for industrial production manufacturing production. and the production of business equipment and machinery. that is the business side. or supply side of the
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economy. and that will drive things down. in some sense if you look under the hood, it is business that really drives the economy not the consumer. you know, there is a gross output model. but i'm saying business-to-business spending is important it looks slumpy faulk ep faulkender. >> we're seeing weakness in a lot of places. the ism numbers seem weak and central production numbers, if if you go back to consumer side, the disposdisposable income numbers for last 3 months are flat, they were down in february and april, minor increase in march, the pce number last week, that is the biggest contributor to the gdp number that was down for month of april, april is the biggest contributor to the q2 number. if does seem like there is a slow down on the consumer side, you have all things
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that you mentioned to business side. coupled with the fact that the biden administration is just in over drive in regulatory zeal to get ruling out that will continue to slump business investment. and it is no wonder you see this reduction in forecasts of economic output. larry: we talk about this last night with former energy secretary rick perez. how the biden administration wants to jail oil and gas ceos, what a fun thing. trump is not enough. now oil and gas ceos, we may be next. john carney, fed is not cuts rates is it? >> no, they are not. one or two months a week is not enough to get them to cut, people who are say they will put in july or september. there is no way, they cut in july, september would create a political explosion. i think to say, there are some signs april of the weak. mayorkas hamay, may have
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had a rebound, looking at jobless claims or s&p global pmi that is kind of indicating this april was bad, may, may not be as bad. we're just getting in may. we could actually see a little bit of a rebound. larry: yeah, i take the ism's over those s&pes that is my view, mike faulkender we have been talking about joe biden's fo faux attempt to curb illegal immigration, how much of a hit are real wages taking? in trump administe had blue collar boom, a lot came from fact we had labor pressure on middle and lower income jobs because there was not a florida of
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illegals. and so for first time in quite a long time, you saw central production work -- spre-- wage increases than pop half, you have a competitive labor market for low and median skill jobs you get better outcomes if you flood market with illegals, allow them to have work permits to immediately ekno-- enter the workforce. larry: we looked at numbers last near the, real wages went up, average by i think close to 6 thousand dollars during the trump years. all 4. real wages under biden, fallen over 2000. that is 8 thousand dollar swing ha is remarkable that is why polls are as bad as
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they are. i don't have enough time we're hassled with this biden faux immigration we efficient you coming on. -- appreciate you coming on mike faulkender and john carney. larry: on kudlow, we talk with great senator tommy tuberville, right after this [thunder rumbles] ♪ ♪ ♪ ♪ the biggest ideas inspire new ones. 30 years ago, state street created an etf that inspired the world to invest differently. it still does. what can you do with spy? ♪ ♪ [thunder rumbles] ♪ ♪
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larry: all right for more on this joe biden border catastrophe we go to william la juenesse in los angeles. >> on left critics say, order is illegal on right, critics say loopholes make it meaningless, border patrol apprehended 7.8 million migrants on southern border, more than 1.5 million this fiscal year. that averages 6 thousand a day. well above the 2500
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threshold. compare president's remarks today to 2020, he criticized president trump who ordered asylum seekers to stay in mexico. >> i'm announcing acts to bar migrants who cross the southern border unlawfully from receiving asylum, they will be restricted out our southern border. unless they seek it after entering through an established lawful process. you come to united states you make your case, i seek asylum based to following premise why i deserve it under american law. >> critics say biden's order that exempts thoses of unacompanied minors. and most problem attic, u.s.
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does not have detention psa to hold them while in proceedings or those who can't be deported, republicans is a this is a political stunt, aclu, will challenge this in court believing a federal judge will toss it out. larry: all right william la juenesse thank you very much. for more, alabama senator tommy tuberville. as always, welcome. you know, look court challenge trump but high wehigh -- he went through it with his executive order. joe biden could have done that 3 1/2 years ago. here is my question, he is using now finally second 212 f of -- finally. but, there is something as you know called 287 g which is the deportation of criminals. the border patrol people can work with local law
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enforcement. get through this sanctuary city business. and deport criminals. and that to me is just as important as anything else and biden will not touch it, why not? >> he won't because he believes in mass amnesty. that is all this is get your popcorn and coke out, here it comes a trick show, another dog and pony show. they will push it on american people, they think we're stupid. this is war on america, i heard of senator from arizona say this is a greatest thing ever, this is studenstupid tieity. the american taxpayers need protection, citizens need protection, it out of control, the people can smell a scent of an election coming up it will get worse and worse, it is all about polling. they know it and they are trying to trick the american people to something they will not deport anyone, they want everyone to come in, 75 thousand is what joe biden
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wants, he will let mayorkas bring in main more on the side. >> nobody knows the numbers game. all of our reporters, the same thing. you know if you combine exceptions with wherever 2500 a day. and then combine with flying them in to the cities, nobody knows. probably little bit less but then senator tuberville, do you really think there will be less? do you think that word is out and we'll strengthen border patrol. i don't see that biden administration really doing that. do you think that any of this will be enforced? >> no. no. it will never be enforced, they want more voters and more people here, that will listen to them and abide by them and vote for them. do all they can to do that, costing american taxpayers, billions of dollars, unfortunately, crime is everywhere. but we have to control it.
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it is a war on the country, there no republican or democrat any more it is anti-american, we want to keep america our way, it a war, we better start understanding that and wake up, they are trying to trick to us something else, all it is smoke and mirrors, magic show. that is all they know how do you, they are not going to change one thing, they will lit them come in, they will let them destroy the nation, and here they come from palestine, soon, remember i told you that, they will bring people from palestine, in the very near future. larry: wow. all right, folks, they are not dumb, you are 100% right. thank you for helping su out senator tuberville. >> switching giers, gas -- switching gears, day 2 of
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hunter biden gun case in wilmington, delaware david spunt . reporter: no worries hunter biden just left about 20 seconds ago. day two is in the books. prosecution opens today by telling jurors that no one is above the law. does not matter if your your name. here in the state of delaware. the first witness up today was a fbi agent who came onboard in 2023, last fall, 5 years after the alleged crime. hunter biden on screen left, and first lady jill biden on screen right, arriving special counsel team plans to present evidence and did that hunter biden smoked crack roughly every 20 minutes around the time in his life he purchased this gun in his life, the first of course that fbi agent, erica jenson and talked
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about hunter biden's own audio book was played in court, a dramatic moment with jurors hearing his own words discussing his addiction, his sister seen getting emotional. attorney abby lowell, told jury that hunter biden was abusing alcohol and not drugs when he bought the small handgun. he told jury that hunter biden was rushed by local salesman at store, looking to make a quick sale. the prosecution cannot establish a chain of coast custody of gun pouch that had alleged to be cocaine residue, he said that halle biden. widow of late brother beau tampered with the pouch, and claims she panicked. and put it in a car, threw
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it in a garbage can. and someone going through that can, found that gun. that has been in evidence for last 5 years, something else, hunter biden's laptop. first found out by the public in october of 2020, physically lifted up by prosecutors and shown in court, it was not plugged in. they to not take things directly from laptop to see, prosecutors so showing evidence this lap top it was first time anyone in public had a chance to see the laptop. >> wow. david spunt thank you we appreciate it.. >> thank you. larry: all right, talk about liz peek, fox news contributor, and tammy bruce. laids thaladies thank you. liz peek, a couple things, one, a criminal from ve venezuela shot two cops in
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queens that makes my blood boil. this is not the first. it is probably not the last. and yet biden's plan does not a thing to deport criminals. these -- this guy was caught rired handed. >> this is not first crime important perpetrated gain law enforcement or citizens of new york who have come in illegally. this is a mayor problem for joe biden, not just overall we're looking at this situation, saying stop it here is who is really upset. hispanics in last week, i talked to two more, saying i'm never voting for this administration, hig my neighborhood has been taken over by venezuela gangs and drug dealers, and et cetera, i don't think that biden team understands there is a double whammy, their loss of the hispanic, you look at
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polling approval immigration, hispanics are more negati negative than public overall and for good reason. larry: tammy, i think from day one, this border collapse has exploded in biden's case. i think that liz's point is correct, i don't think that biddens understand it, they are trying to buy votes. giving them a few hundred in loan mortgages and student loans there is it there is no safety. there is crime, cops, hispanics are cops, and african-americans are cops and firemen. >> it exposes how cloistered dc s they got away with it for a period of time because they were committed to the lie that the border is closed. it fine. it was a fox news drone, i believe, that was really the only video that was showing
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american people the chaos at the border. because, there was nobody el discussed it and you could see the building. biden administration has known, they chose from the beginning to mislead people. to gaslight. which indicates to you they know what it is a problem and they know that american people won't like it, but it did not matter to them, it is like being on a pollute train with no brakes, they -- committed to going they cannot stop, like in your last segment. an addict. they just can't stop. and they have such little regard for american people. they are not considering or, they are not considering what it is they should say to us or to do to improve our lives but they think it is beneath them to to so. they can't lets go of us. >> i think are you wrong. i think they just didn't get how it would play out, i think they thought there was a huge part of american people, who are very
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offended by donald trump. >> that is my point. >> that is my point, they didn't anticipate we were functioning have the individuals and we would respond and willing to say enough is enough, we didn't matter to them, we didn't matter to ourselves. larry: but they -- that crowd, the biden crowd doesn't understand that minority groups, i don't care what group you are, are for law and order also, they have families also, they have businesses also. they have kids in school, also. >> consider the doing doi borgata -- bodega association backing trump. larry: they are a bunch of elitist dopes. >> they are. larry: they are not liberals, liberals understood this, could have a conversation with a lak liberal, i used to be.
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these are far left radicals. they are ideologues they don't understand anything about community life or family life. >> that is key. larry: i have to get out. >> with hispanics and others who come in family rely on public schools and faith that something that democrats just don't consider. >> they don't get it. larry: it will all bankrupt social security. liz peek thank you and tammy bruce, what is wrong with the military? we have the great pet pete hegseth telling us about his new book. i am kudlow. we'll be right back. things will go wrong for your customers. but your business can make it right, with watsonx assistant. ai that can help resolve problems
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her uncle's unhappy. i'm sensing an underlying issue. it's t-mobile. it started when we tried to get him under a new plan. but they they unexpectedly unraveled their
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“price lock” guarantee. which has made him, a bit... unruly. you called yourself the “un-carrier”. you sing about “price lock” on those commercials. “the price lock, the price lock...” so, if you could change the price, change the name! it's not a lock, i know a lock. so how can we undo the damage? we could all unsubscribe and switch to xfinity. their connection is unreal. and we could all un-experience this whole session. okay, that's uncalled for.
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larry: what is wrong with military right now, joining us pete hegseth. author new book, the war on warriors. behind the betrayal of men who came u keep us free, now available. i am sure one click on your favorite site, pete hegseth. >> military is ultimate meritocracy. we break you down and build you back up, but now it is
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about social ideologies permeated from the top and reinforcing idea, you are unique and your diversity your strength, that not the strength of military, the military strength is unity, black or white no matter you wear green and bleed red. you get rid of basic fundamentals you get people who don't want to join, that is why people are not recruiting, you have the things like vaccine mandates and debacle in afghanistan. and senior leaders who are floatpromoted they are willing to kowtow to the administration. larry: in this cabinet, secretary austin is not the worse of the group. >> not the best. larry: he is a four-star he should know better. >> you would think, book is not about how military went
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woke but how it allowed itself to go woke, people like lou lloyd austin in uniform and out, what therefore personal believes, they should believe in the contusion, that constitution, we're not lowering standards in or allow. we're not doing the things that might look good in harvard but they do not belong in 101st airborne, they let it happen, they are cowards, they are too afraid to tell political leaders no. larry: you will need big changes. >> top down. larry: will take -- donald trump knows this you heard, we can't have a woke military, i am firing the generals. larry: pete hegseth, pick up a copy of the book, war on warriors. available right now. >> thank you, larry. >> appreciate it
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