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tv   Kudlow  FOX Business  August 29, 2024 7:00pm-8:00pm EDT

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david: hello everyone welcome to kudlow i'm david asman in for larry kudlow. tonight, kamala harris will give her first interview since joe biden dropped out of president at race, 39 days ago. it has been that long.
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it will be a pretaped joint interview. we know they just wrapped it. we may in this hour get a clip from the interview. it is with her vp nominee governor tim walz, many americans asking the same question, why can't she handle questions from cnn without tim walz by her side? president trump is campaigning in michigan holding a town hall with tulsi gabbard in wisconsin tonight, joining me to talk about this katie pavlich, and fox news contributor, and byron york, chief political correspondent for washington examiner and also a fox news contributor, honored to have you both. we may have the clips come in, they will tell me in ear it ready we'll cover it live. if we get them. and your reaction. but katie, why does kamala harris need a male
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chaperone? >> well, we may cover the clips, but the interview is not live that says a lot about the candidate's capability to do a live interview, i wish cnn would release the interview in its interty, not leave things on cutting room floor. in terms of her showing up to the first interview, i am sure she will get credit for finally doing it, with her vice presidential candidate, a lot argument it is customary to be with nominee. but that is not the case if the nominee, at top of the ticket has not given any other interviews throughout the course of them being in charge of the democratic ticket. i don't know why she wants to have vice president candidate tim walz to be there with her, i would think as woman who wants to be first female president of
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u.s., she would want to go out as an independent nominee. and plant her flag in ground and ask americans for their vote. take leadership of the ticket. but she is bringing her vice presidential candidate. david: about time we figure out that americans can see for themselves that she can handle the job on her own, the president of united states is not commander in chief incidentally, the fact that president is commander in chief, he or she has to make the decisions on the flying themselves, if you can't do an interview on the flying you can't handle an international crises on the fly. >> i know, waiting so long to have an interview, kind of makes first interview like super bowl. everyone is watching every bit. which makes me think we'll be dis disappointed in what it does not cover. the way that harris has done this not doing any
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interviews, at all. all of her time as a candidate, has set up a strange dynamic with tim walz. which is, we don't really know right now what kamala harris' publicly stated positions are on number of serious issues are, like immigration, health care taxes, that stuff. tim walz does not really either, he could not come out and do interviews, as long as presidential candidate has not established their position. so, it is almost like they had to come together to find out what they think. david: katie, one of those, a bunch of them. dealing with all different subjects but, this position change on border wall, is fascinating in 2017, kamala harris had a tweet and i'll read it trump's border wall is just a stupid use of money. i will block any funding for it. that was in 2017. she -- we have a bunch of sound bites regarding border
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wall and her contempt for the idea. on subject of trans national gangs, let's be clear, it is not stopping them, he held up united states government and workers around his vanity project called a wall. >> the president's medieval vanity project called a wall. >> for him he talks about that wall. he wants everyone to be re-occupied with vanity project. >> this issue, is about a vanity project for this president. >> she has now converted to the vanity project. that was his, that was donald trump, a lot was destroyed with materials just waiting in wing sitting in rain rusting and wasting away they solid a bunch of -- solid a bunch in an auction that is biden-harris
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administration now the tax payers have to buy it again, at full price, this is just, such a waste and it leads you to believe when kind a decision maker she is. >> not just full price but with inflation that this administration created in april of 2021, i was in a arizona air to do a ride along with p i think you will hear too -- giving her too much credit with her f flip-flopping, we have not heard anything from her directly, america people should take her at her word and record, she talked about it being a vanity project for donald trump, she voted
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again funding for it she has embraced this in word and action. david: and other things is, big one, bidenomics, she was the main cheerleader for bidenomics, now she is trying to distance herself, talking about how bad inflation and how much middle americans are hurt by inflation her administration caused. let me play sound clip of her touting bidenomics. >> a tomorrow we're very proud -- a term we're very proud of bidenomics is working, it's working. >> bidenomics. and bidenomics is works. >> bidenomics. and bidenomics is working. david: her delivery might be better but message is not, americans still feel that on most part the economy is at
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best fair, and most people think it is bad right now. how does she back away from bidenomics? >> you know, she did something a couple weeks ago that republicans could not believe their good luck, that is, she came out, gave a speech on economic issues and talked and specific terms about how expensive everything is and how it has gotten, that allowed the trump campaign to put together clips of that speech, with what you played which is her bidenomics is working line, her solution is very unclear at-this-point. before that speech, there was a lot of talk she was embracing price controls then after that speech, her staff anonymously again that is how they operate, talked about no, that is not what she was talking about, she was talking about antigouging pl l le-- ledge
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con legislation, that would not apply to the local economy. david: although, byron, i have to say, gene sperling came on with neil cavuto thursday after her team said she did not mean price control, she was full bore, he was behinds whole price do you thi gouging, he said we have information about certain companies, you mentioned trump, we have a fing hthing happening with trump campaign, the campaign of inclusion. the word that democrats thought they owned 100%, you think of rfk jr., and tulsi gabbard, and janns jangs jd vance spoke about it yesterday, i believe in wisconsin. >> are we thrilled to have
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endorsement of rfk jr. and tulsi gabbard. we are, it is funny as much as media, says that trump is the canada candidate of division, we from nikki haley and brian kemp and rfk jr. and tulsi gabbard, we're thrilled to have support. david: the party of unity has become trump. >> yeah, you know, left and media tried to paint trump as far right figure, when really, throughout his career, he was more of a democrat, and became a moderate and ran as a republican. you can argue he may be first independent president who ran and won in 2016, he was running on republican ticket, you look at reasons why the endorsements come in it is interesting to see that through the theme of why they are all coming to the right side of the political veh spectrum whether a fair fight in
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election, rfk jr. and his vice presidential candidate, nicole shanahan talk about lawfare that democrats thrown at them, tens of millions to keep them off ballots that is not democratic, and president trump faced a lot of that lawfare as well. and you have republicans who come to his endorsement because, they don't believe that kamala harris is going to be a president who will bring a country together. david: forgive my for jumping in we do have -- we don't have a clip but a verbate . byron trust my reading. i think, i'm quoting kamala harris i think most important important andnitio significant aspect of my policy aspect
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and decisions is my values have not changed. you see on one hand, border walls are terrible, and on other hand, i'll use them and buy more that seems that values have changed. >> well, he said my values have not changed i think her 2019 presidential campaign she ran in progressive lane. of democratic party field, she was in the progressive lane, you say my values have not changed i will be curious to see what her positions have changed. i think that one more thing on this wall thing, i think that wall story was almost a journalistic creation. the basis was that as we know. harris said she supports the immigration bill, that died in the senate never got passed in house, she blames trump, and say its would
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have solved problem and contained the expenditure of some already obligated money for the wall, i don't think she has changed her position on the wall at all. david: katie, a chance to jump in on this. my values have not changed statement. >> very vibey statement. that has no substance or detail. whatsoever. very on grand for kamala harris -- on brand for kamala harris, they are trying to use that to coast her to november, in 2019 she believed in abolishes custom enforcement today is aurora, colorado there are a number of venezuelan gang members they lit in taking in apartment complexes. i would like to know if she is willing to keep them there or depart them or is
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that is against the her values. david: the values she represented, historically until about a month and a half ago were value that allowed if are these terrible digs decisions to be made out of those values these bad policy decisions that biden-harris administration made and california sill making, continue. one would suspect that of what she does, if elected president it will reflect the policies that we have seen not the new policies that she says is her i epiphany of a change of views that is my opinion, katie and byron we appreciate you being here, thank you for jumping on the news. >> thank you. david: coming up gdp growth and profits came in higher than expected but after 800 thousand plus downward job revision, is the bet on a
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stronger economy just a sucker's bet we'll ask kevin hassett when kudlow continues. i asked myself, why doesn't pilates exist in harlem? so i started my own studio. getting a brick and mortar in new york is not easy. chase ink has supported us from studio one to studio three. when you start small, you need some big help. and chase ink was that for me. earn up to 5% cash back on business essentials with the chase ink business cash card from chase for business. make more of what's yours. (psst psst) ahhhh... with flonase, allergies don't have to be scary spraying flonase daily gives you long-lasting, non-drowsy relief. (psst psst) flonase. all good. ♪ when the sawdust settles and the engine finally roars the thing you care about most
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david: another legal defeat
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for biden-harris student loan bailout, edward lawrence with more. reporter: u.s. supreme court squashed dreams of kamala harris and joe biden to keep forgiving student loan debt until the election, decision to wait and have lower courts adjudicate the case before. and student loan bailout money could be given out, administration is taking applications still taxpayers paid 168 billion to forgive student loans, for about 4.8 million people, in a tweet, vice president saying we're also fighting to defend our save plan what has lower payments for millions of americans, we won't stop fighting to build an economy that works fo for every american. and critics say this is political. >> they want to keep the student lope forgiveness issue alive, they want to say to their base, and voters look, only reason why
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we're not giving you $20 thousand, is because that very mean supreme court, and thus vote for us and we'll fix the mean supreme court and get that you 20 grand. reporter: the total cost, of student loan bailouts would be up to 536 billion over 10 years that is 54 billion a year taxpayers would pay, u.s. supreme court has ruled that congress has authority to appropriate that much money for a program, biden-harris administration changed rules on i existing plans. >> edward thank you. >> now bring in kevin hassett, you know what all this shows is how much power and money and lawlessness that administration wants to take from congress and supreme court.
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>> yes, you know, david, i want to break news for you here. during covid, you recall, i went to white house to help coordinate economic recovery so fauci's silly shut down, there was a meeting where everyone thought all option one could have for 13 stimulus someone said what about student loan forgiveness, we got a written from -- saying it is 100% unconstitutional, they said maybe department of education thinks that they have right to do it, given the way that they were founded in language. and then we asked the people who career legal people at department of education, is it unconstitutional, they said absolutely we do not have the authority, the i think most interesting about this case t to me is
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astonishing of jus justice department, where did they go when president biden said i want to do this, you run stuff through justice department for constitutionality, the people either left or they said that, and biden people ignored it it is something that -- even with the -- >> kevin with the supreme court, coming down saying you can't do this, 500 billion has to be. by congress that is in the constitution with that they continue to do it. >> right. merrick garland's job to say, you cannot do this, this is unconstitutional, the fact they are not doing it is disgusting, these people have no respect for
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the rule of law in the justice department if they are allowing this. david: turning to the economy. sometimes easier to deal with numbers, you don't know the truth. the gdp came in second read of second quarter, came in up more than expected, 3% growth of the gdp after that 800 thousand, it was expected to be 2. 8%, remember those jobs revisions, and revision down by 818 thousand, do you believe these numbers about how strong the economy is? >> no, i don't believe the gdp number at all, i think my particulars is, i don't know -- expectation is, i don't know if they spoke to this, this did not account for big revision to jobs number there no way it would notified through to the gdp, what happens in a economy
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you have inputs and output, if we have way fewer inputs, then, unless there was a miracle of productivity like everyone ate popeye's spin air, there is no way. my expectation is, end up revising numbers perhaps after the election, right now on gdp side numbers look strong, we'll find out ut truth, they are befuddling numbers the jac jobs report. the jobs numbers saying we're in a recession, if jobs numbers come in weak, we'll know they will revise the gdp numbers. david: you mentioned miracle, i can't get over that image, could miracle of output be government spending in terms of buying jobs, god knows whether they
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are adding anything to the economy if they are government jobs is that the miracle quote, unquote that made explain the number? >> no, the numbers are too befuddling for that, one way to look at it i hate is a say these words, the statistical discrepancy. the case you add up how much income every has and how much output, they are supposed to the same, and gap right now is biggest i have seen, i think output numbersen to make sense for he given labor market stuff, what will happen is output numbers will revise down a lots in future, but if we get a strong jobs report, then that means that actually it is stronger than kevin thought. david: let's get political, and put aside your suspicions that you wrong
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and assume you are right, is that a major tax increase, that is what kamala harris has been talking about on many fronts from her k wealth tax and corporate rate, and is that the wrong thing you want to do if you go into a slowdown, you want increase incentives for production. >> yes, and when barack obama came in, he had campaigned aggressively about how evil bush tax cuts were and unfair, but he came in with financial crisis, and a weak economy, they extended the bush tax cuts twice, the point is that, there are these like extremely malin formed people that vote democrat that love to hear that we'll be economic illiterate, when they actual have responsibility politically for the economy then
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sometimes they blink. and barack obama did twice, they extended the evil bush tax cuts twice, there is a base that wants to seize everyone's wealth, they doing that with 65 percent estate tax proposal for example, you have to realize gains before you pay, that they are getting base riled up, at same time, their economists say, don't worry, we're not going to do that, but for me, that bottom line is, we should not let them get away with it until kamala harris tells us what her policies are, they are throwing out 10 policies and 9 are ridiculed by their own supporters, and they say we didn't mean that but we'll do the other one, they are murder boarding and testing things with media without committing to policies, i think we should stop playing that game. tell us what you will do, and we'll have a look at it,
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it you do those tax increases, thin make a vow. that you will submit. david: we -- some people were expecting, not everyone, expecting some details to be announced in the interview, we're we're get snippets of cnn interview, coming out, they suspect, she is not talking about her flip-flops, just saying she has same values now she always h they created that kind of policy, whether it was economic or green new deal or whatever policy i don't think we'll get it in next 24 hours, kevin thank you so much. >> thank you good to see you. >> coming up california democrats just passed a bill offers up to 150 thousand dollars in assistant for illegals to buy a home. what happens in kamala harris' california brain trust comes to washington?
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heaven forbid, we talk about it with former hud secretary, dr. ben carson, joining us next. (fisher investments) we are. we have a team of specialists not only in investing, but also also in financial and estate planning and more. (other money manager) your clients rely on you for all that? (fisher investments) yes. and as a fiduciary, we always put their interests first. (other money manager) but you still sell commission -based products, right? (fisher investments) no. we have a simple management fee structured so we do better when our clients do better. (other money manager) huh, we're more different than i thought! (fisher investments) at fisher investments, we're clearly different. ♪ i have type 2 diabetes, but i manage it well. ♪ ♪ big story to tell. ♪
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david: david: ben carson great to see you, former head of hud this is up your alley, what do you think most importance, first homebuyers are struggling to deal with almost 7% mortgage rates and high monthly payments double than when biden administration came in you who 150 thousand for illegal migrants what does that do to housing market.
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>> i have to tell you this is a prime example of americaless policies, you know, having a home is a central part of american dream. what people long for, one of reason that people come here, what about the american citizens. people who have been contributing to the united states lives, what about them, why do we put others in front of them with a program that probably will never get approved anyway. just does not make sense, this is a political ploy. being utilized to gain the kind of traction they don't otherwise have. at some point we have to do things that make sense. if you want to make homes affordable do what was done during trump administration. decrease the regulatory burden that is what drives the prices particularly in california. you can take 150 thousand dollar unit, and by the time
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you get through applying all regulations it is 600 thousand. that is not helpful. we need to look at things that have worked in the past. and we had highest homeownership in trump administration. and particularly among minorities. and we should ask yourselves what did we do then, i see that kamala harris is starting to talk about decreasing regulations, which is must be -- she starting to talk about it and adopt more of president trump policies, that is good. but, i hope people realize she is just talks she does not believe this. david: she just doesn't know the way markets work, beyond unfairness, the main thing about california plan, it is california plan they do crazy things that come back to bite them, this is where her brain trust is in california, why she learned -- where she learned to
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do the be of governance. i remember sub prime loan crisis, that led to the financial debacle. you -- these people, about whom we know virtually nothing. that is the problem with our open borders, we don't get to vet the people, you know we don't -- if we can't vet whether they are criminalser not we can't vet their financial background s we may be leading us into a whole set of bad sub prime loans that could lead to another housing crisis. >> we're doing that. there no understanding of the markets system, whatsoever. what you mention is serious, we don't know who the people are, i was looking at a tory this morning aurora, colorado, gangs are going into apartment builds and taking over and tear rising tear rise -- terrorizing
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people there, you don't have enough police, people don't get backed up, they c can be put in jail themselves almost like there is a master plan for destruction. david: the most vulnerable are children, we saw it in all dei, we do have a program coming out tomorrow night 8 p.m., on fbn, called education in america, so often in america our children have been experimented on and worse part is it in dei programs and critical race theory programs that teach them bad lessons, they are not learning how to read or write or learning their math, they are graduating from high school with a learning level of a sixth grader or less.
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>> it is shameful, if you look at the 6 grade exit exams from 200 years ago, you will be i impressed about what you had to know, and embarrassed we're dumbing people down, and the past one of the reasons we rose from nothing to pinnacle because weed cated -- educated our people, they knew when they were talking about, none will this die dei stuff, i did nottic experience that, people came to me they knew that i was good they would get good results. that is the way it should be in america we need to stop foolishness, because what makes a person is not the color of their skin archi-- texture of their hair shape of their nose, it their brain, we should concentrate on what
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is important. david: on substance. not superficiality what dr. king said many years ago, doctor thank you. >> turning to texas removing 1.1 million ineligible voters from voting rolls, joining me now texas congressman "the beth van duyne and -- what happened in texas? we thought texas was doing a pretty good job, how did you find out about it, and can it happen against? >> i think texas is doing a great job, they are doing, culling and clie cleaning up is their voter rolls, they could looking at people who have died and moved. who are illegally here. people who are illegally here with 6500 of that 1.1
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million, texas is leading the way in doing what it should be doing in contrast who what democrats are doing, they are happy to have illegals come in they hope they will vote, then they not only said that we've seen them, we can get 5 democrats to vote for our ssave that. only 5. david: congressman lee, 81% of americans' voter i.d., that is a pew research poll, gallup came out with a poll almost the same, if annually 2% of democrats in houseme want something that 81 percent of americans. , that does not seem like a good representative body does it? >> well, it isn't, our save act, it will be sitting on chuck schumer's desk like so much other good policy house republicans have been working on, it would ensure
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that only citizens of u.s., can vote in federal election, and also ensure we're getting the tools that state and local election officials need to keep those voter rolls clean. florida is also a tate that does a good job making sure that voter rolls are reviewed and regularly updated, texas is also leading in this way. but, we need to be sure the election ifs who want to keep their voter rolls up dateed and clean have access to information that of social security administration has, and that department of homeland security has. and they can look at those databases and help verify who belongs on voter rolls and a citizen who is not, who may have been deceased or moved away do their part to be up it date. david: congressman beth van duyne key got a clip from cnn interview with kamala, i want to run a bit of it.
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it is hot off the press. >> you mentioned green new deal, that value has not changed, my value around what we need to do second our our border that value as not changed. >> it has not. but, now she says, she is in favor of fracking, not she says her people say, this is what she said not long ago. >> you have that fracking tape? >> you commit to imf. . a ban of fracking. >> there is no question i am in favor of banning fracking. david: she said her valuers same on gr green energy but she was in favor of banning fracking now she is
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not, she is getting caught up. >> take her at her word, take a word at what they have done in last three and a half years, as far as policy, we have more illegal immigrations than before, 15 million who have come over, more deaths, more violence and crime in community as a direct result of her inaction at border, and taking away policies and adding catch and release. also look at from fracking, i come from texas that would decimate our state you look at there are policies and burdens on any company, within energy division, american energy company they have devastated that industry, ca caused inflation and increase in gas prices, and now she is trying to walk that back.
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the same lady who said that biden was at the top of his game just a few weeks ago. david: your reaction, pennsylvania is a key state that she is trying to get, to win in election, they rely on fracking, the people overwhelmingly favor fracking in pennsylvania. is that why she is prevaricating on this? >> absolutely, all that voters need to do is look at position she stated over course of her political career, and policies of this administration, she is an part of. that is reality of who she is, she would destroy
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energy independents the voters need to remember who she is, she is who she always said this new reinvented of kamala harris is political design. david: i don't know how much bush back there was from cnn we'll see about, that there should have been push back. contrasting two opinions she had at various times, congress women great to see you. >> thank you. >> coming up, what does biden and kamala's absence from this week's memorial from our kr troops in afghanistan tell us. mirandamiranda devinecar, will weigh in when we continue.
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ryan t. writes, "moving is stressful. can you help me take one thing off of my to do list?” ugh, moving's the worst. with xfinity, you can transfer your internet
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and then in a memorial, for troops who did die under his watch, he is tanning himself, you really put a wonderful fine point on that. >> thank you, david, look, i think that contrast between the empathy that not shown by joe biden and kamala harris to the gold star families, the 13 service members killed in their botched withdrawal from afghanistan is different from th the empathy that donald trump has shown them, not uncharacteristic, democrats like to portray donald trump as an unfeeling monster, she seems to have victims interests at heart, and he did this again, he kept in touch with those gold star families. they appreciate him, some of
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them at the republican concer convention, they invited him to commemorate third afte afterthird -- anniversary. it was more dignified than way joe biden behaved at the supposed dignified transfer of bodies, the flag draped coffins of deceased device members as he glanced at his watch all of the time, he met family members and talked about his own self and his own grief, he never uttered the service member's names since, and kamala harris boasted she was last person in the room, involved in the disaster ro use
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digs that joe biden made. david: kamala harris k came out with a interview, she says, my values have not changed. i guess they include not attending a memorial service for the 13 dead troops. >> yes, she was in washwashington d.c., she had no appointments or engagements she was with her staff, i guess prepping for the interview, it is quite pathetic. i think it shows, a certain callousness. david: it does, i really strongly recommend everyone out there to look at new york post, get miranda's column. thank you so much miranda appreciate it. >> more kudlow after this. ur lo. evan! you're helping them with savings, right? (♪)
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