i'm just one of the vessels under never plan on writing a book about my time of the maps over time at&t and i don't even think people want to hear about that and i am trying to do god's work and hope to inspire people with how he has blessed me and pick me up for my life. >> thank you so much time of writing this book and sharing your life story appreciate you spending time with asking i think you for reading it i think you for time to also encourage people and i appreciate you. >> weekends on "c-span2", or an intellectual feast, every saturday in american history tv documents america story, and on sund, book tv brings you the latest in nonfiction books and authors. funding for "c-span2", comes from these television companies and mark, including charter

communications. >> for automatic about a force more empowerment with us which are invested billions filling in for structure, upgrading technology, empowering opportunity in communities big and small, charter, connecting us. >> charter comnications along with these television companies listen for "c-span2" as a public service. >> larry kudlow, we be writing a book about your time the trump and ministration thing i don't have anything planned at the moment, i am very busy and lovingth life. never say never but not at the moment i don't. >> how many jobs youst have. [laughter] one of course, there'sjo foxbusiness show, every day looking plug-in four - 5:00 p.m. and i love that, that is the book of what to do. and i also do a lot of different segments for appian and also

"fox news" people and get a good one fox and friends this morning and in also do radio show every saturday morning for 43 hours national radio show runs here on the radio station but were live streaming and also syndicated. they also do some bullet right up pieces pretty much constantly.on some informal political consulting. policies, pretty much any video as enema busy and grateful camper life after the white house has been terrific. it a real blessing for me, a real blessing. >> while this is your second sentence white house wreck and first being. >> just a few years ago, 40 years ago. it was somewhat lower position

and i was in economics deputy at the office of management and budget during the reagann administration. the director of all of you those days was david stockman he remains a friend of mine. it was my first job and i was in reagan's first term. >> larry kudlow coming 2016 book, connects the reagan revolution withn jfk and was a policy connection. >> what it is kind of atory that i wanted to tell for years and been the back of my head and i worked with my pal who is a terrific researcher and co-author so basically coming in a nutshell, john f. kennedy was a pro growth democrat, he was a tax cutting democrat and he was a supply side democrat and we

rented 1960, he really ran as a growth guy richard nixon kind of rent is a status cuomo in those days, republican party was okay with very high tax rate in eisenhower no interest in getting the 91 percent tax rate they inherited from fdr's new deal. and kennedy didn't especially when nody said, on 5 percent will, low employment is there have been three recessions during the eisenhower years in this little-known factoid but it is true factoid. connection to reagan, some 25 years later was reagan lowered marginal tax rates also can help united more about it becoming i

would argue dew point to show that reagan's express was almost a three decade prosperity out of the jfk tesco's hundred decade long prosperity but a fourthly, was unwound and undermined by lbj's great society the richard nixon, jerry ford, jimmy carter and none of them understood the tax cuts and then of them understood the incentive of the economic growth if it'sti a flor marginal tax rate may we can talk about this more and some very smart people often lie for was going on my dearest friend and mentor and robert mundell nobel prize winner and jack kevin others for supply-side finishes with the tech and any tax cut to reagan reagan thought about them rather them is very

just as it was in jfk's day and worked in fact reagan had two rounds of tax cuts and i was there for the first month having to promoted. >> inn 1961, you will jfk saying coming will be a majoring tax reform program to run the tech space and reconsider the researcher. >> yes absolutely and there is some really juicy jfk close could've easily applied to reagan. he was prescribed to use a phrase,ti a rising tide with bos and that phrase was used later by jack connolly jack kemp very different and mentor by reagan i use it all the time, and trump e

food truck tax cuts, which were more on the corporate side, but were enormous tax cuts, will come from the same path as a reagan in the jfk tax cuts. so i was able to bridge reagan to trump on those policies, too young for it just barely to give river jfk and i was really only 17 when i went into the reagan white house, that was a joke but tax cuts and if i make i want to go back because reading a book title which is the jazz age but is about lauren g harding and much maligned u.s. president mynatt can wait too far maligned but in the 1920s, harding is vice president to calvin coolidge and importantly his treasury secretary, underbelly,

and we figure from pittsburgh and entrepreneurial maker living together huge reduction in marginal tax rates the income tax and i believe in 1913, the 16th amendment, started out as 7 percent and woodrow wilson plucked office, he was over 70 percent. we went into a recession after world war i news guys bought the tax rates down to 25 percent moxie tremendous boom prosperity boom in 1920s going to go one more, more that is ulysses s grant when my favorite figures and he was arguably america's greatest general one was greatest general and they still keep on his formations a west point about credit as

much-maligned the man my friend and. colleague, wrote pretty god bookmy about grant and grant did two things, economic things in his administration and he never gets credit for this but the liberal historians will never giving credit for the fact is, grant ended the civil war income tax, he ended it okay. and grant restored the greenback to gold. so we had massive wartime inflation nineh wartime charges and grant ended well also help launch the second industrial revolution sometimes referred as the gilded age butut it wasn't phenomenal. in america be consistent, here is my guy grant cutting taxes and harding is cutting taxes kennedy is cutting taxes and trump and raganre cutting taxes

umtrump is cutting taxes and i s honored to serve in the last two which i have been around for the others, would've been great fun smart and all of your books and you will find foxbusiness etc. coming talk about economic terms and i was hoping that we could maybe have a broader discussion about how they all work together, tax rate. , growth in the stock market and the bond market, what is interplay between all of these. >> dissertation. >> yes, look i think that i would simply say, the absolute basic key elements of economic growth and asperity hello mr. beck a moment. i for broke and for prosperity in my whole career, that is my tetra and seems to me i'm

certain government by the way, first have i ever had was at the federal reserve and wrote reserve bank of newew york that served in open market operations and i was a secretary to paul the president of new york heads as i'vehe had three government assignments and seems to me, that if you do nothing else, you been attending government should promote policies that would generate growth, prosperity, jobs, optimism and that is our job. to job in a free-market capitalist, i believe free-market and free enterprise capitalism i thank you so the surest path to growth and when i in the cnbc date damage other for many years, unused open up the children not saying, free-market capitalism is the best path toro prosperity and i have set up for many years i believe that. i still believe that.

so coming back to your questions and points, essentially, need the lowest possible tax rates of the lease possible government intervention, think of it as minimal regulations. you need a sound currency which i call the king dollar was my phrase years ago, kingre dollar and if you like that, he moved to a policy regime of high tech surveys, excessive government intervention regulations and cheap dollar today's dollar depreciated dollar, you will find yourself high inflation, highat employment and recession and i reviewed down through the years that there are almost no exceptions to that, almost no exception to that.

this is a controversial point of the economics profession nowadays which like everything else in the economy has moved away far to the left and - present does not agree with that although i was in this modern monetary theory is taken a pretty big right now high inflation to the point of making his i'm prepared to argue in a circle terms as well as economic policy terms. those are the essential agreements, the lowest possible tax rates, minimal government and government regulation, hey sound reliable king dollar. >> is the fed to powerful and is it necessary. >> will, i won't argue the necessity part. although, interesting and in the gilded age, jp morgan was unfed and youm rescued that a couplef

times but is effective powerful, guess right now it is. troubling to me on the most troubling part of the vent me is that's lost sight of principal mission just to keep the currencync sound price levels stable. and it well nowadays, with all of this talk of woke culture and economics, and the feds and some of his appointees are talking more about climate change then pricee stability. in diversity opposed to diversity forgoes but i don't think that's the mission in the fed should manage his own human resources properly without any prejudice at all but the idea that it wants to equalize the economy, that it takes this left wing socialist view we should all be equal to the finish line.

one effect in a free society like ours, what we want is equal opportunity at the starting line. in the finish line, we will exercise our god given talents in many different ways. i think the fed's way too much gear towards something called equity and of course climate change which are not a climate denier, just saying that weli do not have a climate emergency and we do not have some existential time at risk. actually even the un reports don't talk business to become a political obsessional most theth religion and i think of it completely utterly missed the boat on this inflation problem that we arere experiencing today that last one is really unpardonable. >> another issue brought up in

this genre iss income inequaliy should we be concerned the person next makes ten times as much as person - >> no we should not then again, i think the idea here for me is we should by law, have equality of opportunity. the starting line enemy absolutely by law. we cannot guarantee equality of results, we cannot. even in communist countries in the old soviet union and i grew up during the cold war and vertically in the reagan years when he fought the soviet communism and i mean, the only quality they had in the soviet union was the quality of poverty

and then the coach who run the place, they were the rich guys there is no widespread prosperity ever there was trooper socialist or communistis countries who seem to be so no we should not strive "the second" called quality we should strive for growth and prosperity. pushback lies opportunities and we want to have limited opportunities and that is why argue the government cannot manage the economy the government cannot manage the price system in the g government cannot manage markets. you have literally, thousands and millions of people operating in a free economy. the economy to be free i want them to all have their own personal freedom but that is a

job for the so-called private sector this way i say, pre- marketing will make that is the beth path to prosperity and free market capitalism is bestvi andi want individual freedom inside of the economy, freedom to fail and freedom to succeed in one of the great aspects of america. and still true to this day, you have an entrepreneurial story were people have an idea. they might scratch out some money to finance it in a minute work enemy feel enemy feel several times and you ♪ ♪ and met at some point we may get a ride and then you become a massive success, massive success litters what is so brilliant about the gilded age, industrial

revolution on the information revolution in our lifetime that wetu routinely yesterday didn't exist when i was in prep school or college setting outol and all that stuff. you have a spare mimeograph machine in the truck, do you remember all of that is gone. you're running this show on a little iphone forn heaven sake and i i love it and even old guy like me him i figured up most of the stuff how to use it so i point is that you have kids dropping out of college pretty in garages and trying to put things together and they fail i feel and then they succeeded that is the american story but behind that story, that is the street behind the story, his freedom, his freedom. i can come if we lose that, we will lose everything as i spent a lifetime trying to promote freedom, frankly an economic sector where i know something

about it but frankly all throughout the country. freedom of speech now, there's a big debate we have misinformation then government bureaus and the stuff drives me crazy. i don't come with my friend but had a dealing with human past when i was in the white house what he is trying to do, he calls himself free speech absolutes and absolutism something like that, love it, for you economy, the free economy that will out w produce every state run centrally planned economy and i will sit here were onor for a couple of hours, sit here all day and tomorrow that'll show you historic examples of what a e fe economy outperforms the state's economy. >> before we get too far from jfk the reagan revolution, that fact about the free recession in the 50s, the kind of surprised me had happened with that

government policy or waxing and waning. >> supply demand. >> twelve there are a lot of factors after world war ii and a lot of factors after the korean war but i would just say that principally, you anyone senate tax rate, very high taxes which were very onerous. some critics of this view will say, yes, i taxes for the polls we would pay it when you had some loopholes some very famous loopholes from hollywood studio owners and stuff like that but most people pretty early the entrepreneurs go-ahead to pay very high income taxes in the northern, the more punitive the tax rate was in capitol gain taxes were very high in corporate taxes hire and so the economy was smothered and it was soh prominent during the hardig

and coolidge millan tax cuts of the 20s forid example, the liberating u.s. grant tax cuts. incentives were not around was a very tightlyit control economy d a very government run economy so highly regulated economy. the federal reserve properly i think, properly kept the dollar stable so inflation and you had episodes of inflation but basically, were under the old brentwood dollar gold exchange system and federal reserve principally under williams who did a pretty good job on that but you know, anytime the fed tries to tighten the other because again, he was so tightly controlled by high taxes and regulation and those really important issues and underwrite,

has many wonderful qualities general eisenhower president eisenhower. economics was not one of them, just was not one of them is long story there as well, that is type and to top advisor southwards along one of them was and burns advised dixon. nixon. enforceable down the road during the reagan years, burns was investor to germany in a very good investor this life and become very friendly because somewhat of a mentor of mine and arthur said that i had a point about corporate tax rates any opposed it throughout all those years and eisenhower nixon but he saw them work during the reagan years and so anyway, the three recessions under ike is what gave kennedy a step up in the election and he ran as a desk i and nixon did not really

deal with much on economic policy domestic policy. and i remember a nixon son-in-law by the way is a very dear personal friend of mine, the daughter and son-in-law, very good friends of ours. i met nixon in the middle 80s and i was out of office and back on wall street and he had his old office tenant one federal plaza or whatever it was downtown and he worked in those days. and his son-in-law ed cox would bring in various policy people before president nixon would go on foreignpr trips. i had a least one visited maybe two and by the way, he was very charming, but once i had written, numerous pieces in the wall street journal criticizing nixon's economics past president and he did everything wrong, everything wrong, raise taxes,

to the dollar off the gold standard we had moving inflation and so the first time that i met him he comes in and he looked at me and he h said, you don't thik much of my economics, do you mr. [laughter] [laughter] >> and i sit no sir. [laughter] [laughter] edit was a very cool moment and as i said, this was the mid- 80s and i had served in reagan's - but nixon acknowledged in his book later that reagan tax cuts acknowledge it because he was intellectually honest. >> insanity once more, that's a collection of your: came out in 2018, and i will read a quote from them this was on election day of 2016 on placing novemb 8th 20 ceasing column from enforcing trade deals this product and acting in the interest of american workers, is correct for the large-scale

tariffs are a terrible lady and i do summa guess, believe it or not, that is still my mantra. so this is a good story. president trump was much more tuned to tariffs that i was for that i am. and before i went office, when and i became his nec director in march 2018. he had just put through still in aluminum tariffs and i did not agree in fact, art leffler and i, anything steve moore may have been on that but anyway we wrote enough ed piece criticizing the steel on tariffs and president trump knew all about it and he read it when he was calling me

secretly to come in as a senior director the subject came up once or twice but we agreed to disagree. and it is interesting, i'm tariffs, tax rates and the tax work in production justice much as domestic tax rates. so regard myself as a free trader but i'm going to make two qualifications on this. one is, you do have to think about the issue of reciprocity had what is the other side doing to you on trade and this was an important point that trump made no het and and that's interesting, thein only two offd pieces i wrote when i was in his administration come just to, the book preceded g7, is i was the

survive for g7 and in those, i quoted a conversation that he and i have had where he believed that he wasve a free trader and under ideal circumstances, that is to say no tariffs, no not tariff barriers and no subsidies. that is the world that trump yearned for, those were his goals. the classic free trade" no tariffs, zero tariffs, zero nontariff barriers, and zero subsidies for those industries in a row that i quoted that it i think one off ed before g7 the second one was in the wall street journal before g7

remember, the g7, we had in canadada which i think was in 2018, north of québec, we worked at a bilateral with just entered know and a president trump know your senior advisors lineup on both sides. in talking about the traits and because trump was threatened to car tariffs on canada which would've devastated canada. and trump said, you know, justin he said you know that if we had no tariffs and no nontariff barriers to know subsidies, we would all be in great shape as free traders. and then trump looks at me and i may be sitting onene or two or three down from him and he said, you have said that your whole career of 30 years haven't you

of course he knew that because we talked about it but he expressed publicly, have you any did it later. so you let a free trade blood in him and people don't understand that and i just above was his trade representative and a dear friend of mine, brilliant guy i've always just on my show and we work ande for america first policy conference and we talked about this. and people forget that we had usmc a, which was not perfect free trade but it was a good free trade n deal. we have free trade deals with japan and brazil and south korea. all pretrade were both sides in the spirit of reciprocity, gave forgive up some protections. the biggest one was china and the most controversial one was china.

and trump had big tariffs on china and we still have them i believe 300 is 85 billion. that's a far biden has not taking them off and i hope he does not. i would argue that is the president trump argued, and white house are argued, we needed those tariffs to bring china to the table read if you welcome to get their attention. luv another view from the point of view which i completely agree and one of trump's greatest achievements as president, was that he rang the bell on the china threat. he made it very clear to me when this country, and around the world china as an adversary, they are not our friends, and

economic adversary in the ra foreign policy adversary. and so is roderick it was tough and is tariffs were tough but we did bring them to the table, nobody had been able to do that is nobody before we got a bunch of concessions from them. it is on the china trade team and it was hard go away in beijing and washington washington and beijing. this is the so-called phase i deal, the phase one free-trade dealee was rooted in tariffs frm yes it was. and certain inconsistency there i understand the point but i am saying that the one was necessary to get to the other videos good right is a perfect. lots and lots and lots of progress and intellectual property theft set up

institutional mechanisms to reduce it. they bought a lot of our commodities, holland, not perhaps as much as we want but a lot. we are to be selling them much more lng exports and of course transfer of technology, so a work in progress. but i think that on the whole, phase i was a great success and trump had reelected, we would've moved on to phase two and so far nothing is happened to it will. >> i am a free trader and is trump a free trader and he would not say it the way that i would say it but n again, and a perfet world, he would agree with me coming up tariffs in a perfect world he like he thought that was a great idea. >> will good afternoon and welcome to book tv in-depth program, our guest this month is larry kudlow and he is the author of "american abundance"

which came out in 1997 and "jfk and the reagan revolution.", that came outn in 2016 the election of his comes from creative silica came out in 2018, and that is called, insanity once more and for regular viewers about to becomee you know this is her monthly call-in program, one author, his or her body of work, and your calls and your text messages and tweets, etc. and here is how you can get all of us if you have a s question, from (202)748-8200 r those of you in eastern and 752,027,488,201, for those of you is a times else, anyone to send a text message, text messages only, (202)748-8903, from that number for you and these include your first name and your city if you would, i will also scroll through our social media addresses, and just remember, apple tv is a handle their as i will begin taking

those in just a few minutes and mr. calvo, what was the reaction from a lot of your longtime republican friends when you join the trump administration. >> is pretty good actually it was very positive and people were encouraging me to do it for a variety of reasons. i was not looking for it is again pretty busy and tv on a different network and radio and also speeches and so forth andin consulting and it worked with candidate trump campaign we worked on the tax-cut plan in particular. quite a lot. and occasionally i was a spokesperson for him on the economics during the campaign any about me and my name several times and some of the earlier days, much to my astonishment.

"i knew him in washington in new york city for many many years i knew him i liked him and he had been a guest on my tv show. enter radio show. in a new his family a bit but i always liked him and i thought that he was a major force. looking forwa a job but i don't, but if you have a single thing you how it h started and it is funny in early 2018, march of 2018, thomas has started. we were up here in connecticut for a week and i was going out from indoor tennis in the form rings of a president i thought lloyd spoken to him and see him in 2017 i was in the oval with him a bunch of times anyway, he me and i pulled over i had good reception so we could

keep the conversation going and he to talk about one thing or another and he mentioned at the national economic council nothing terribly specific and it was just a good uncle i thought he was going to yell at me because leffler and i have written this piece against the steel cast. but i don't think you came up in the conversation and maybe you did was we wanted to talk about things. and mentioned the nac and said sunday afternoon so he said he would come back tomorrow 90 said, i said okay. >> when the phone rang from the white house leasehold from president. >> yes and so anyway, monday night i'm home in new york and he did call. [laughter] it was when we had a more earnest directed conversation

about the national government counsel.th he was about to make a change we talked about a bunch of policies and it was a very good conversation. what you think about this and what you think about this and why should you hear much i do their and as you know i'm not bashful about reviews and he knows that and then he said, no one knows that we are having this conversation from this what he said. i said okay. >> and he said going to call you tomorrow night and talk some more. as a nice night, were having dinner out, lived in a group with a difference in new york city and in midtown and i have the cell phone ine my back pocket, just in case and the phone rang and it was in. of course how to walk out on the

fifth avenue is cold drizzly out but it was not going to take the call the restaurant and he got much more specific than that call. an effective sort of music because my wife came out to get to me we had to go home and i had to do a radio show and my pal knows this, i was doing this every tuesday night as i we are talking going on on madison avenue needs talking and talking and finally adjusted, i said sir, are you offering me the position and he said oh yeah, oh yeah, you are my god coming to the only guy nobody knows where having the conversation newark my guide congratulations and any civilly take a job and i said, yes, i will and thank you and am honored and it was honored that i love government service i loved him. and so that was at hand i

wouldn't did the radio show and a very dear mine the fabulous radioman, mark simone, was for the dinner group, he tells the story later andrt he said, kudlw takes a call from the president and dinner gets up, he walks out of the restaurant and we did not see him for 40 years. [laughter] [laughter] >> that is sort of how that happened and then he is better, the call on tuesday night, some people said that he offered me the job the night before but i didn't get it and i don't know but in any case, he said, you'll come down here and thursday or friday will have a press conference and nobody knows this is a nice morning which is a wednesday morning, i'm sitting at home preparing for my tv show and notv watching tv and he cals me and said, you look so handsome.

i said sir and he said go ahead and turn on the tv and of course the news had broke everybody was running this thing on elite elite. [laughter] [laughter] >> you know, to me, those are endearing qualities and is for the reasons i really like the guy, he is just natural and it flows hand you know maybe he could see some things differently but he is who is and i remain very loyal to him. >> you know him as donald i did yes. >> and was he got elected to, did you ever calling prius and by his first name. >> no, never and in fact, when he was president elect and the president, and then while i served in the air, he was either, mr. president or sir, always. >> back to insanity once more, by the way it looks different commit are sent here is because we are very kudlow's in his library up in the wilds of connecticut so we appreciate

very much you allowing us to come up your back to your insanity once more but, this is an october 20, 2016 column and i want to think monia trump for starting it on the path of restored confidence in donald trump. >> well, president trump then candidate trump has had a couple of things that did not throw me that he never left come there were just things that did not throw me and things came up in that campaign hey look back on that it was not very important to bed at the moment, during the campaign, be they became because i had talk about it on the air i recall, maloney is a wonderful wonderful woman and we got to be good friends of the white house. she will tv and cheat defended

president trump and she made a very clear that she was a thousand percent behind him and that these things were passing and it was no big deal so i wrote about that and it is funny, column, he told me later, he coming later that he was personally not thrilled about that column but that monia love me and he just said that she loves you and i didn't think you were right but is really column about her i don't know at about ouone of her intimate friends bt i had great respect for her was her on a couple of cable tv shows during the present was

very clear to me, that her support was unwavering and so the column was written to some extent tongue in cheek but yes, i did and she liked it more than he did. >> let's hear from our viewers the two for mounting in spring texas, you areng on with larry kudlow, go ahead and make your comment or question. >> hello, yes, i just have a question for mr. kudlow on the context that trump made what he said, we are taking in billions of dollars in china in the form of tariffs and as you know. [inaudible]. >> i cannot hear this. >> now are taking in billions and billions of dollars, very positive effect on things and on the both false statements we

been taking in millions from china and china did not pay these tariffs they were paid by the american company in the consumer. [inaudible]. >> i think we got the idea. he referenced may 3rd of 2019 and it was about terrorism china taking in billions of dollars and so is there something that you can extrapolate from that outcome is a little difficult to hear. >> yes, i am not sure and in economic terms, the tariffs and poses a significant burden on china and you know from the experience and they sought because the prices went up. the demand for chinese currency went down in their inflationary went up. the interest rateses went up and it is true that those tariffs would be paid in imports rather in thatim terrible world would e

paid by the u.s. companies but you know, the key point there was no minimus impact in our economy is booming and booming during that time in the corporate tax cuts were so important and give us such a big advantage of the regulations a particularly coming in the world of trade and i tariffs, because again as we discussed earlier, the tariffs tax rates. we did increase tariff rates on certain chinese imports, absolutely critically technology related imports. what i called family jewels which we had to protect we had slashed marginal corporate tax rate from 35 percent - down to 21 percent of the federal rate which more than offset, more than offset any tariff rate impact so again, as i was mentioning earlier, i think that

even though i don't like tariffs in an ideal world, perhaps president trump does not either in an ideal world, he rang the bell, he ranked the warning bell brought them to the table. i was on until late 19, early 2020, that we finally consummated became known as the phase oned china trade deal so thing on balance and even though i am a free trader, i think the stress work necessary. the chinese tariffs were necessary and you know anytime, i mean, there's a lot of talk about the biden administration about raising the corporate tax rate would put us out tremendous disadvantage pretty heavy damage the position we had staked out on china. i would urge them with all my heart to keep a century slow and want to bee as competitive as we

can then the money flowed back to the u.s. actually the court as an aside, it turns out that the corporate tax rates than the reduction in corporate tax rates paid for themselves. we just been getting the irs data on this and i talked quite a bit about it on my show with arthur leffler, the leffler curve works, lord marginal tax rates and created higher tax revenues and tax collections went up as tax rates went down and why, you had more economic activity more people working more income and so they paid more tax collections even though the race were down some of their income was up by the way tax avoidance is much less there's no point in looking protect shelters if you have a low tax rate, stop worth the

effort him so we were able to withstand any minimus impacts of the chinese tariffs, well off set by the lower corporate tax rates, that is the way i would put it. >> let's hear from george coming in hudson florida, goo' afternoon george. >> good afternoon and how are you today. >> please go ahead. >> sure mr. kudlow, i watch your show religiously on fox business channel because i don't have a nine -year-old rounded so to set the dvr for me. [laughter] you're my favorite. >> thank you. >> i have to do myself and i don't know how to operate those things but anyway, where are we going to be next year we still have these joe biden in office where there's this cognitive values are craziness or however

you want to consider it, he mother something wrong with him and i can't see anything having with kamala harris or anybody in there in the government now they can take care of our economy and where will we be next year. >> okay george and thank you for calling in and larry kudlow. >> were looking, i can't really comment on the cognitive problems and i see what you see is he with lots of other people see that a leave that to the doctors. and if you think this is my own personal view, as i save many many times of the show, the cavalry is coming i think the midterm elections are going to be a deal and gop sweep both houses i think i will stop some of the economic and social excesses of the biden

administration and just giving my own personal views here. i think the biggest problem that we will have in the next couple of years is getting high inflation down. i think i inflation was a big mistake by the biden administration and too much spending it too much borrowing in the federal reserve as i said earlier, missed the inflation vote. too much money printing. and we are paying for that now in the good news is that it is not a 12 year think of the way that it was back in the 70s on the magazines, getting eight - 10 percent inflation back to 2 percent inflation, will not be pain-free. hopefully, a republican congress well moved to reduce spending and reduce borrowing and hopefully a republican congress

will over the spigots towards oil and gas production and pipelines, all of which have the biden. by an overly republican congress will keep us or by out on the federal reserve to make sure they slow down the money supply. one of their interest rates up accordingly and protect the value of the dollar think you're going to see policy changes but i don't thank you so going to be easy. i don't think it will be easy i don't think it's going to be pain-free. >> will for those who do or don't want your show come there something else that you have been saying recently and wanted like a quick montage and you won't be able to see it but you will hear it. >> so save america, kill the bill, willison save america and killed bill and i mean, that is still my motto saveme the bill, no, t save america, save america

and kill the bill and the wisdom is simple, save america, kill the bill, save america, kamil, save america kill the bill and tonight i'm launching a slightly newm matter, kill any new bills may come next year. [laughter] [laughter] >> that is great and there was in the goode news is, we killed the bill at least so far and he keeps coming back and now it became a rallying cry and i felt that bill, it could've been another five or $6 trillion of additional federal spending with massive inflationary costs and consequences. and also hidden in the bill was very huge tax hikes which would've done also done great damage to the economy and to the

incentives into work to take risks and on that, it became well there was save america coalition the developed among the conservative groups. the support of the democrat joe manchin and constantly supporting manchin and he felt that he wasy a very brave democrat and i think that he is somebody would say the democratic party from itself nothing to give them a chance and i think wish he would run the primaries for the presidential running 2024, and joseph in a minute he's been on the show ween spoke on the phone hey don't talk politics with him, talk policy with him but i think that he did a heroic job and i think that this sentiment is been a great job putting off the tax increases. and so far we have killed the bill and i don't want any more

bills by the way, i want to add one thing here, there's another bill out there, sometimes called the china compete bill which has nothing to do with competing with china, would be c as much s $300 billion of additional federall spending and industrial policies and corporate welfare meddling out a chip industry that does not need bailouts i gotta tell you, a dozen republicans voted for in the senate and it should not have bothered just will say that richard and brentwood marilyn, good afternoon. >> good afternoon, peter the great as usual you still the top three interviewers in the country we appreciate your efforts in mr. kudlow, you mentioned, previous caller about making nonclinical comments about mr. biden's cognitive abilities and listen to you on the phone with stephen forbes

and sununu i think and you actually, the president entity it is so enough of that but my question is this can be referred to. >> i don't believe i've ever do that. >> yes you did save a please, not married to taylor green and i remember it but any bit, he referred it to the reagan's tax cuts and policy has three decades of prosperity and in fact,re his policies plus george thet first, second term because of his economics the clinton ran on and the state of our country's economy. three years it would've taken it does up to this english which was an economic debacle as well and so. >> okay richard, there's a lot of the same letter i've got a lot of the table there, mr. kudlow and for small the idiot remarking and while the other,.

>> okay, don't think that i said that okay and i did passing but i don't believe it, been critical of biden. idiot, i doubt it but putting that aside, look at most temporarily, temporally, reversed small part of reagan's tax cuts mistake but we went into a recession he lost the election but the bulk of reagan's tax cuts stayed in bill clinton, who continued to raise the income tax and when reagan came it wasn 70 percent when rn left him he was 28, and pop of us raised it up to 31 with other tax hikes believe that bill clinton took it to perhaps 40 i'm going to say. so still below 70 and then, george w. bush brought it back

down to 35 and so you know, basically, tax cuts stayed intact they were not as low as 28, basically stated tech and the incentive effects in in effect for look, again with, versions of many of us who helped vice president bush and try to talk him out of raising taxes when he was president, and we said don't do it don't do it, he did it he lost the election. >> richard in brentwood marilyn, if you one more full explanation and longer answer of that, mr. kudlow writes about that extensively and jfk in the reagan revolution. as funny because you and i were talking yesterday larry, you kind of having this happy for your persona on the air and so i'm a little surprised if you had called mr. biden. >> is just on my way, i am very

critical of biden and his funny, i was not at the beginning and again him a honeymoon chance and then i took a look in the left and the policies but for me to get personal like that is very unusual. >> interval to be an f program continues from larry kudlow's library in connecticut, when hear from you as well going to give you numbers and how you can participate, (202)748-8200 for those of you in the east and central time zones, (202)748-8201 come if you live in thehe mountain pacific times doesn't want to send a text message to mr. cava, 202, 748-8903, and again that is for text messages only and please include your first name and your city if you would add mr. larry kudlow, what did you grow up knowing parent. >> i grew up in englewood, new jersey, irv and ruth kudlow.

he was a businessman, she actually became very good real estate agent. anyone younger brother who is or has lived in hollywood, los angeles, hollywood for many many decades. i love them to death and he is my favorite hollywood liberal. >> what is he doing hollywood. >> is a screenwriter postproduction, done very well for himself and is assent, he is my favorite hollywood liberal. [laughter] [laughter] >> younger brother. >> i want to read a quote this from america abundance and you can take it for you want, and this was in the introduction. i think november 1985, i had no prospects, no confidence, no addition, no says that i could do the job, what was going on. >> client had mike?

sort of a hopeless addictions to alcohol and drugs. it is the worst time of my life and had been building up for several years and it went away. to treatment center in minnesota for five months. to get well and my wife judy who you have met, some have their long-term care. in november of 95 come that is when imb got out. basically what i wrote was true, i wasn't really sure what was going to happen. the most important thing was tuesdayr. sober which i have managed to stay sober now for 27 years, coming up on 27 years which is through god's grace and

the greatest blessing in my life. those were tricky times and it seems like a long time ago. things have an almost every way workout t better than i ever dreamed possible or ever dared dream possible. judy and i will have my guess can remember this i think 35 years, married this summer 27 years of sobriety and god has been very good to me and at that point, i was being honest in a book, and who knew and i did not know and i had no idea what you remember about the last few months of or the first few months of 1995, the end of year.

>> will blessedly very little. to be honest with you. i look, i still hundred 12 step meetings and i'm still very active in the 12 steps. very active in my church. i think about that stuff from timehi to time and every now and again, the way that it works in the 12 steps, maybe on your anniversary or maybe not, you are asked to tell your story in front of the group called qualification i don't want to for the viewers but you gotta go back in time a little bit and you think about but you never really want to lose that is ever terrible terrible days, terrible days. i'll spare the qualification here on c-span but i will just say, that it was the worst moments in my life without any question and i don't think well

i remember i return to faith and returned to more spiritual way of looking at the world. and i will also say, things that i have learned from the 12 step group, have served me very well in my career these last three decades, served me very well. and of course i have been honest about all of this and president trump knew i never would with all that is, from time to time i've done interviews on it. and actually, the windows in the trunk whitewh house, my 25th anniversary, melania trump was seo conference on alcohol and

drugs is so happened they found out that and i don't know how but maybe one of my ladies but it was my 25th anniversary coming up and i actually will she has to me to speak which i did at least a general way. but you know, you think about it, from the point in 1995, to be a very senior presidential advisor, those along stones throw the one could not have happened without the other. could not of happened and i am very grateful for that. as i say, god has been very good togo me to try to follow this ph and i'm not perfect but it's hard to follow his path.

>> let's go back to the calls jim rose chester new york and young father larry kudlow. >> i am wondering mr. kudlow, what your opinion is on the u.s. being 3 trillion the unfunded liabilities going up and social security, that's coming up getting closer and closer, andg also the 9 trillion-dollar balance sheet that has heard kind of affect what we have one interest rates begin to return to anything close to normal. and it seems to me that there is a growing concern, things to cato institute to tell us out a booklet the variousbo editorials is called fiscal cliff the really soda very concerning just wondering what your opinion of

it is like my answer of the year. >> thank you sir to lose a very good questions coming, different and, i mean, that one is entitlement question on the social security and medicare. in the second one is the balance sheet event calls at the monetary base which is just briefly for our viewers, essentially printing money, the fed what the government spends money the federal government spends money and it borrows to finance his spending then all too frequently, the essential bank the federal reserve, purchases the bonds that uncle sam sales note that is full faith and credit when fed faisal's bonds, they create moneyth from the literally print money and this was central banks to. ... i could go on and on about i. i actually started my entire

career at the new york fed back in 1973. but in any case, the entitlement problem is an issue. look, i do not believe there will ever be a default of social security obligations or, for that matter, medicare obligations. at the end t of the day is the government that sells bonds to raise the money. yes weia pay taxes and have payroll taxes for social security and medicare there's certain picture on that, medicare is really not funded by payroll taxes anymore and general obligations and they are financed so somebody will have

to look at that. viable systems and that can be performed, a number of dues and proposals are out there. but we spend more than we take in and it's a generic problem throughout the entire government and will have to be looked up in the other thing, interest rates will return more normal, not zero but mortgage rates are up to 5%, tanya on rates are through 3% in the federal reserve attempts to stop the inflation so that will add to the burden in financing in general be more expensive.

these are all reasons i don't want any more federal spending on discretionary programs. kill the bill. we don't need another $5 trillion. we can't afford it and it will be costly to finance and ultimately it is inflationary. i've been an opponent of the biden administration policies, are not alone. larry summers and jason berman have also but we have to come up with no new spending of all. that's why i'm so emphatic about this.

weth just can't keep doing this. it's a matter of common sense. i know i'm republican, oregano and trunk i, i get that but i want to say i think what you are seeing in the polls, the run-up to the midterms, a matter of common sense, people do not want to go out this far left on everything for the government spending or ending also fuel or taking parents out of the classroom or open border or foreign policy, there's not a campaign commercial, i'm just

saying what you have here is an administration departing from traditional democrat. i speak as a former democrat many years ago, i worked for ronald reagan and donald trump, a former democrat and often said the best republicans were former democrats, not every one agrees with me on that. i say that tongue in cheek but this extremism and the biden administration is being rejected, it lacks common sense, that's all. you are sitting there and see inflation rates that have jumped, this was before the invasion of ukraine, inflation rates are less than 2% to 7% before ukraine and they come back with a new proposal which congressional budget office prices out at $5 trillion in

spending and another 3 trillion in debt. you say what's? you can't to this. joe manchin was the senate guy along with kyrsten sinema and i noticed other democrats, moderate democrats beginning to line up and stuff of the border is not sustainable. you see a bunch of democrats, i knowow they are from the states but i don't need to question their motives. the fact is, we can't just have a couple million people illegally crossing the border every year, it is not sustainable just like we will not and natural gas and also fuelo in the next eight to ten years because there's nothing to replace it and people know that so we have a lot of work to do and i think you will see a big

change but the congressional change is coming i think the biggest change in most important change would be 2024 because to affect major reforms in any of these areas whether taxes are spending for inflation or the border for education or civil rights, you need the white house and i believe you will see different monuments in the white house. >> july 9, 2019 talking to business insider, this is a quote. i don't see this as a huge problem right now at all, it is manageable talking about the $22.5 trillion debt. >> as a share of gdp, this is

2019 -- >> july 8, 2019th. >> under one 100% gdp, i didn't see it as a big problem. this money, i have a long history of not being in debt long and some of my traditional conservative friends don't like that. i'm much more interested -- here's where my theme of economic growth comes into play. are you growing the economy? that's my first question. let's go back, this was true in the reagan tax cuts let's go back to the trump tax cuts. so his tax cuts were priced out byby the congressional budget office joint tax committee on a static basis meaning no economic growth impact at 1.5 trillion.

you have democrats saying that will raise the deficit. they've never cared about the but they did because they are against the tax reform. tax cuts not only promote gross but unemployment were brought to low levels brought poverty to record the levels. they pay for themselves. they didn't in year one, never said they would. they didn't year two and there was a debt increase to finance the taxes but here we are even through the pandemic all the numbers from the irs and treasury show revenue, corporate

tax cap health process the subject of a couple programs, the curve worked so the first year or two you may have to borrow money to finance lower tax rates but i would say whether individual rates or corporate rates, you're making an investment future growth and prosperity and jobs including in minorities, especially minorities, they are blue-collar so it is worth it to incur temporary deficit which will increase which is worth it because down the road everybody will benefit. studies show for example, studies on the left, the

brookings, not crazy leftist but left center, 80% of the people and kevin kevin hassett is working and steve mnuchin supported him, 60, 70% of the benefits corporate tax cut went to work and focus middle income difficult family and it was worth it. i made the statement in 2019, i stick to it, it didn't bother me what bothers me is you will spend a lot of money that will ronot enhance growth, that boths me so i'll go back to my experience as a young man in the reagan office. reagan wasn't particularly worried about that, he would say so little bit but he had

priorities. one was to cut, tax rates to rejuvenate the economy. second was to put money into defense to defeat soviet communists. he did both. deficit temporarily went up and started the debt that he achieved his and. the economy grew as i said before nearly three decades worth of prosperity small interruptions we would see. growth, peace through strength. strong at home, stronger brought. week at home, always week abroad. i've learned that from reagan and have never forgotten. iay will say is a senior trip advisor, weakness at home breeds

weakness of fraud. strength at home breeds strength abroad. what did trump do? slashed corporate small business tax breaks, grew the economy hereinvigorated the economy, unemployment fell and put a lot of money into the defense budget and at that time it wasn't so much russia as it was china so john f. kennedy talked about strength at home, strength abroad. people forget this, i know it was a long time ago. if kennedy were alive today, would be the reagan. kennedy wanted growth at home, 5% growth which he got from tax cuts about the -- fought the soviet union toco the new these are historical principles of the

democrat or republican. one of my arguments today, it was a long time ago. the last democrat i worked for, after public but there was a time when the two parties were closer together and they are today. this stuff is being rejected by common sense people throughout the country. as long as reproductive freedoms, this far left woke operation will not last. that's my take. >> next call from larry kudlow comes from martin in dayton, ohio.. >> thank you for having me on.

i've been listening to kudlow for a long time. the nbc days. i always listen to him, not always agree but always listen. i want to touch on three things, inflation and tax. immigration personal, there's a great podcast david becker, listen to that, that can help us. immigration is chaotic right now but we don't have birthrights, we don't replace people. we need immigration to make it bigger and stronger place to you can listen to people who want to be 200 million people in america that would be fine with 350 -- people in america, it would makege us better so if you talk about growth, that's where you geto and then you get them on a pathway to citizenship, green card and they start paying into

thele system and the cytosolic. for some reason people on the right, you talk about people on the left that are extreme and the arts of their extremism on the right, too. he got know nothing people going nowhere. second, inflationlo -- >> there's a lot there to play with and appreciate you calling. >> very well done. you're the third best interviewer -- one of the three. oh good, even better. i want to say immigration, at least part of what the caller said i agree with, immigration is a good thing, not bad and of course america has a long tradition of immigration. here's what i don't like, i don't like illegal immigration, openwh borders and i think thats where we are. my own views have changed in the

laste ten years because of the strong pro- immigration reform of the border crisis, the catastrophe at the border is something we cannot be allowed to continue, it's not sustainable in all of its many forms. president trump on this basically did two things. one is, he got control of the border through the remaining mexicohe policy through building the wall policy and basically a policy, remaining mexico was essentially catch and deport because illegal immigration -- illegal immigration by the way include drug trafficking which again is crisis, sex trafficking, kids trafficking,

terrorists from the borders. we cannot allow that. my use have been tough on the border because i've been looking what's happening on the border in recent years. i think the biden's made a terrible mistake open up the border. if you get rid of it, replace it with something else like the fentanyl emergency. the other part of the policy was legalgr immigration reform we he a good plan which we could never gett through congress and it wil require more elbow grease in a new white house and new congress. there are a number of ways we can legally productively, consistent with economic growth allow the million plus perhaps

legal immigrants, i'll have a problem with that. our economy can do it in america was founded immigrants and they were gigantic contributors to our fabulous economic growth the last several centuries but today's situation cannot last in my judgment. >> what about his comment, martin's comment about right-wing wackos as he called them? >> i'm not sure -- i don't know, he mentioned mark -- he's a pretty smart guy, i'm not sure what our right wing wacko is. >> let's hear from tom in phoenix. go ahead. >> thank you for taking my call. mr. kudlow, you seem to be a person respectful to everybody the comments were made, my assessment is they are accurate

and true. anyway, save america, kill the bill, your education is a service to this country and will change things around from the disaster we have now and there's a lot of people on the right writingir books and talking and their services appreciate it and we need to see this on tv like cnn -- sorry, not cnn but the program we are on. i used to write to the office of correspondence, i don't know if the president get to read them, maybe you can tell me but are used to refer to him as the president teacher and the way he spoke people understood, they got it and it wasn't anything fancyco nice you during the same onho the economic side and i

appreciate that. thank you. >> thank you. >> very kind, i appreciate that. ilo had a long history with c-sn and i think it's a giant iconic figure so i'm honored to be on the show today. love to do service with c-span. >> i don't know if you can answer this but tom asked how the o president can access, or hearing from the public, you been in the oval office twice now, how often does it become a bubble? >> with president trump, i would say he kept in touch with more people more frequently -- constantly on the phone. that is the thing which is interesting.

let's say we are having a high policy meeting. let's say economy. a meeting in the oval, steve mission is there and i'm there and others. anyway, a very important meeting with the boss in the subject would come up. it could be taxes, trade, it could be housing, fossil fuel, no end. you start off by saying we are here, i want a lot of these meetings and then the outer oval office can you get me so and so? i want to talk to him, her in his mind would associate

somebody he knew from outside might have something interesting to say about the topic and would put the person on the phone, put speakerphone on and join our meeting. this is a regularity. i know even non- formal meetings he was constantly on the phone with people and people you might be surprised. not everyone is a trump supporter or republican, he wanted to get as many in as he possibly could. he's not giving away trade secrets, it's not like he randomly called people for national security meeting, none of that but i'll call them open

ended discussions, not decision discussions governed by various executivecu ordinances the open ended discussions. he loved to bring people in. ceos, sometimes broadcasters, friends. one of the great things is the so-called experts including us i guess, we are not always right, we don't all have all the wisdom, you know what i mean? the credentials and degrees and nonsense. trump was great bring in new blood and getting and staying in touch with people not in the government and some people were the.rated by

by the way, i'd do the same in my own niche in my own level if i have something cooking, i like to hear so and so, i've been around the block a long time, i know people out there with opinions so i left it when he did that. we used to have national -- national economic council would have cabinet lunches every two weeks and we would invite people outside the government to speak to us. we go to the board room and it was refreshing. they say something and we need to hear. y experts. too many experts. just saying.

>> every author who appears, we ask him or her for their favorite booksks and what they e currently reading here's larry kudlow's, his favorite books in the investigator, brett baier, to rescue the republic, bryan kilmeade, the president and freedom fighter. currently reading or just read steve forbes on inflation bryan -- emergence of arthur back. tycoons and ryan walters, the jazz age president which of those would you like to bring up pacifically? >> not necessarily lazy favorite books of all time but what i have read or him reading. i love to read -- these are fiction s about the investigator

has written a million bucks -- i love mystery, cops, cia. stanford rights his favorite lucas dan report made of red so many of j his books that i realy believe i know lucas very well and have been intimately involved in his family and it's a book about his daughter lettie davenport and i'm about halfway through so i'll let you know how that goes. the other one, jamie kleeberg, my other favorite cup, a guy rnamed david robichaux in southern louisiana, i've never mett james or john, i'd love to meet both of them, fabulous writers. lucas davenport should actually

meet david, david is a recovering alcoholic and his books, he actually goes into aa meetings, it's very nice. i enjoy steve forbes, a longtime friend, cooperator. his book on inflation is terrific, a must-read because it's important. i want to say brett baier but a good book about u.s. grant. i had brett on my radio shows, an excellent book, one of my favorite. bryan kilmeade wrote a terrific book about abraham lincoln and frederick a douglass, to oppones of slavery different styles a

positions, very important, he did a good job. i'm keen on the book i brought here, i wasn't sure the assignment, the two books i am keen on, what is the book of the gilded age, charlie moore's book, the jazz age. the tycoons, it links to the jazz age, about warren harding but i want to group them together andnd i'll give an opinion, left-wing historians e destroyed these presidents and they tried to destroy grants although starting to move up the list again.

>> on the c-span list of presidential ratings is been moving up. >> different deservedly so. not only when the civil war on the battlefield but as i said yesterday grant was the guy who tried to enforce reconstruction, the guy who took on the ku klux klan the end of the civil war and restore the value of the dollar, liberal historians don't like chauvin coolidge and they used to not like ronald reagan. they realized reagan was a policy intellectual let's go to the gilded age. i'm going to define it as like

1870 to 1910 or something, give me some running room on the. i'm going to include u.s. grant, president from 68 to 76. the gilded age was the second industrial revolution, phenomenal. the inventions, railroads across the country, airplanes, oil, applications of oil they brought the list because i was hoping we could go into this for electricity, telegraph, telephone, oil, automobiles, airplanes, the red cross. come on. this tv show made them all out to be social so they completely

missed the big picture, it's unheralded prosperity for the united states. america became the greatest country in the world economically during the so-called gilded age. my wife a terrific painter, artist painter, the hudson river painters came through, tremendous stuff. stephen crane, elizabeth. the chicago exposition of 1893, i hope i get this right. the 1893 or 96. the wright brothers 1903 was during the gilded age. he chronicles a few of these, rockefeller and jp morgan. this was -- this was american

greatness and prosperity with tens of millions of people with higher-paying jobs. you can ask more. a trauma is paid of literature and art and why wanted to bring that up. aa lot of good but tycoon is a good place to start, a lot of good books. liberal historians just missed it. i don't know why. the progressive period of woodrow wilson cannot have anything like this. the other thing is 1920s, the jazz age, people like to kill harding, there was corruption in the administration but as crystal -- ryan walters -- it had nothing to do with harding

and they were busted, thrown in jail. how is it already had nothing to do with it? is a middle-of-the-road conservative senator from ohio, a newspaper editor but here's theal thing, returned to normaly will harding, i said this earlier in the show, chauvin coolidge, another guy, liberals hate coolidge, me be the first lot in order guy, police strike in massachusetts, tough on crime which is a big issue today and andrew mellon was the quarterback they slashed tax rates and spending and even federal debt even though i don't care about that as much as some people. unbelievable prosperity in the 1920s. another industrial age.

literature, art, everything. unfortunately herbert hoover came in and even though he was republican served coolidge, coolidge called him wonderful, a good is this man, mining engineer and did great humanitarian things but as secretary commerce, coolidge had no time because he is a government by even though he had the hoover institution in stanford and free markets, hoover tax rate from 25 to 65% and signed the tariff and i know there was restricted tariffs but not like that, a terrible mistake turned a modest downturn into major depression than fdr in my view made it worse and

kept telling prices so i'm reading this book. i love the gilded age personally. if i had it to do over again, i would like to have been -- grover cleveland the democrat is oned of my favorite presidents. local spending wouldn't fathom the income tax brooklyn new york, mayor of buffalo, i think five or six or eight years and the onlyto guy to come back in e president. i like u.s. grant, warren harding and chauvin coolidge, ronald reagan and donald trump. >> wasn't cleveland the other --

[laughter] his opponents go after these guys on those. grover cleveland was the last democrat. anyway. >> weon have enough time for abt one or two more calls. are you with us? >> this is john. i want to know if you think john kennedy, senator from louisiana would be a good presidential candidate in 2024. >> thank you, we are going to leave it there, we are running short on time.

>> he's a smart man, a very smart man. >> is he somebody -- when you were in the white house, how often did you talk with senators? >> constantly had a lot of feelings of kennedy, spoke here in the fundraiser, he was on my tvry show recently, a smart guy. >> frank kirkland, florida. >> it's kirk in washington, how are you? >> i apologize. >> that's fine.rf you asked a wonderful question, i haven't to enjoy -- i somewhat agree on some of the positions, i think the color took the time to mention the spending of the trump administration, it's

always for me in washington you always think republicans drive up the dead, the democrats come and try to fix the mess. what is your position on that? elon musk made a great argument about robots taking place and work you made a position they would have to pay workers a salary for more jobs and i'll take my question obvious, thank you very much. >> that was a little hard to hear, did you get anything out ofce that they you can response to? >> that's the mostt. exaggerated overstated argument. robots will help grow the economy and create jobs just like all industrial revolution

improvements to. trump called gales of creative destruction and i'm an advocate of that. i'm not sure i heard his first question. >> i just couldn't hear it clearlydo enough to put words in his mouth but i want to do something here in the last five minutes, ought to go through some headlinesro to get your ta. these are recent newspapers, here's the new york time story, tucker carlson american national. >> tucker is a longtime friend of mine, a smart guy, a fabulous job as a broadcaster and looks like a political hit job to me. >> "wall street journal", u.s. economy shrinks 1.4% over here, amazon loses money. >> high inflation, the fed will

have to take about the punch bowl. the stock market will be in for a rough time tonight, maybe 12 months but i want to say people should buy and own stocks long run. if the market does go down which think is likely because i think the economy will go through stagflation, we may be on the front end of inflation next year, hold on for the indexes inn holland forever, do not out run the market. >> washington post, biden plan for ukraine signals deepening war. >> i did not read that. i view is joe biden has been a dollar short in the daylight helping ukraine but i will also

say it looks like they are catching up to where they need to be. defense secretary lloyd austin about this, i think united statesng should do everything it can to help the ukrainians when the war in ukraine. notth american troops on the ground but everything will help ukraine when the war and drive russians out of their territory. >> media reaction to the on musk proves conservative. >> i didn't read the article. i really l elon musk and what he's doing with and free speech, he's a brilliant guy, happy to have him on board. >> final story on the washington post, proud boys member pleads guilty in january 6 cooperation

deal. january 6, where were you? >> in my office on the second floor. i didn't read that. i'll just say one, january 6 was ais rough day for everybody but people who accused my former boss donald trump of somehow fomenting insurrection or revolution, they ought to go back and look at the facts and my friend murdoch is on this, it was president trump who ordered ten to 20000 national guard people to police the capitol and the city of washington and that order was rejected by the mayor of washington and the speaker of the house so for a guy trying to promote insurrection, don't you think it's odd you want 20000

national guard people to protect the city and capitol? i'llll just leave it there. >> from insanity, a collection of larry kudlow's column september 16, 2017, there's not a racist people white supremacist bone in donald trump's body. we will finish with this quote fromw. larry kudlow to people magazine. i don't believe in retirement, i don't understand the word. work is a virtue. what else am i going to do? >> i don't believe there's a racist bone in donald trump's body. i couldn't imagine not working and as long as the lord gives me the strength to work and opportunity i will continue to work, i love it so much. i'll just keel over on the set and you will take me away and we'll be done with it.

[laughter] >> thank you for being on both tv, thank you to both you and your wife for hosting us. thank you wife for coming up to connecticut. >> if you enjoy folk tv, sign up using the qr code on the screen. to receive a schedule of upcoming programs, other discussions, book festivals and more, book tv every sunday on c-span2 or any time online at booktv.org. television for serious readers. ♪♪ >> former u.s. attorney general william barr talked about, one thing after another that details his experience serving under president h.w. bush and donald trump. here is a look mark the thing about the department of justice is the enforcement of the criminal law trying to make sure they are not different standards for different people depending

on their party or anything about them in the same will have to apply to everyone. i like most of you, we have moved away from that. we do have two standards of justice but that is what the president meant when he said the best -- i know i don't get you anything political but he said the best politics of the justice department is no politics in fact what he meant and i agree with that. i tried my best to apply one standard for everybody and not allow politics to be played. if i didn't have the evidence sufficient to invite someone whether james comey or anyone else would publicly declare. biden is saying this person

should be indicted and people object to that. trump was saying i want the justice department to indict and it created a problem but the fact is if i didn't have the evidence to prove beyond reasonable doubt, i wouldn't be indicting somebody simply because the president wanted them to, we can't go down that road. and the can't do to protect, i know they behaved unfairly and implied the standards for the answer, we can't use it as political weapon numeral watch the full program any time online at book tv network search for the bar or one thing after thanother. >> i am honored and privileged to be here this morning