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tv   Washington Journal Open Phones  CSPAN  August 17, 2024 2:00pm-2:59pm EDT

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other television providers, giving you a front row seat to democracy. >> both candidates had events. from this morning's "wall street journal," this article headline, they harris and trump divergent possible solutions for inflation. the article says a presidential campaign sets a policy. week into the details of governing of both donald trump and kamala harris, sought to show they have credible proposals for inflation, a top proposal for voters. their plans were lacking in detail but nonetheless revealing. harris, the democratic vice president, and trump, the republican former president, showed far different views of the role of government in the
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economy. harris, who will formally accept her party's nomination at the coming week's democratic national convention in chicago, called for new tax policies to achieve financial goals, in many cases going further than president biden. the vice president proposed new federal authorities to ban price gouging in food and groceries, and new laws to deter corporations from buying up single-family homes and raising rents. those were some of the things vice president kamala harris spoke about in north carolina. here are some of her remarks. [video clip] >> when i am elected president, i will make it a top priority to bring down costs and increase economic security for all americans. as president, i will take on the high costs that matter most to most americans, like the cost of
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food. we all know that prices went up during the pandemic when the supply chains shut down and failed. but our supply chains have now improved. and prices are still too high. a loaf of bread cost 50% more today than it did before the pandemic. ground beef is up almost 50%. many of the big food companies are seeing their highest profits in two decades. and while many grocery chains pass along these savings, others still aren't. look, i know most businesses are creating jobs, contribute into our economy, and playing by the rules. but some are not. that is just not right. we need to take action when that
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is the case. [applause] host: that same wall street journal article also talking about former president donald trump's approach, saying trump, by contrast, said he would reduce prices by diminishing the government's role in the economy by rolling back regulations on energy and other unspecified industries, and by cutting taxes, including on social security benefits. inflation was also something he spoke about while in north carolina this week. here are some of his remarks from that event. [video clip] >> he said, if they get in, you're going to have a 1929 style crash. he has been very strong on it. others have said that. we do not want that to happen to our country. that would be devastating for
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you, for everybody. my first day back in the oval office, i will sign a executive order telling every head to use every tool at their order to bring consumer prices rapidly down. we will do it very rapidly. [cheers] when you look at the cost of groceries, the cost of bacon went up four or five times. bcaon. i don't order bacon anymore, it's too expensive. it will be a whole of government effort to raise the standard of living and making american life portable again. it will be really important. it is not affordable. even if you're doing a little bit better, you have lost all of your money because of inflation. it has been out of control for a long time. don't forget, now, maybe it is starting to get under control, but you are already up 50%, 60%, 70% in so many items.
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you look at car insurance -- i couldn't believe when i looked at those numbers. i was studying the numbers, and i looked at the car insurance, it was incredible. that is just one of many. by the groceries, to put it in simple terms, people go to the grocery store, and they have less than half a deal. in fact, i have something here -- i did have something i would show you -- wait a minute. i do not know if you have seen it. i used it once. i have it, i do have it. look at this. look at this. so this is tictacs, right? i don't know if i like the company, i've never met -- they are so lucky. look at all the television. this is the greatest commercial they have had to but look what happened to this is tictacs. this is inflation for this is what has happened. i just happen to have -- somebody gave me this one today. i think we will put it up as an example of inflation. but you know what, inflation is
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destroying our country. it is destroying our families. we will target everything from car affordability to housing a fort ability to insurance costs to supply chain issues. we have the worst supply chain we have ever had in the history of the country. to the price of prescription drugs. i will instruct my cabinet i expect result within the first 100 days, or much sooner than that. i would say the first seven days. car insurance is up 70% to 100%, and you can't get it. you can't even get it, they tell me. insurance is up 50% or higher. the whole industry is out of control. the insurance industry -- we have never been in a situation with insurance like it is right now. you can't get it, no matter what you pay. but prices will come down.
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you just watch. they will come down and come down fast, not only with insurance, with everything. at the center of our effort to bring the cost of living under control will be the all-out push to end the biden-harris war on anything called energy. host: both vice president kamala harris and former president donald trump talking about their approach to the economy, we will be hearing from you. the question which candidate do you trust on the economy. first up, linda in mississippi says harris. good morning. caller: good morning. i trust ms. harris, because she is looking forward. she laid out her plan specifically, what she is going to do. all trump is doing his grievances, looking back where he was. the speech he just made, said he
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will have his cabinet lower inflation. inflation is going down. what is he going to do? he never answers that question. he stands up there like a doo fus. even when he did the little thing with the food on the side. he don't know what a gallon of milk costs. the only thing he did was try to demean ms. harris. he hates women, especially strong, black women. i'm for harris. host: joe in california on the trump line. good morning. caller: thank you. i got a couple points. one, kamala harris, one of the reasons i am for trump, she wants to give illegal aliens free health care, courtesy of the u.s. taxpayer. also, you know, when it comes to
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answers for all the issues, if you notice, the democrats, their answer for everything is more government, more bureaucrats, higher taxes, and more regulations. never anything in the free enterprise. never. that is a really key point. then, people need to realize, when you vote democratic, you are really voting for the elite liberal media's values, because they are on the same team. the elite liberal media serves as offense and defense to the left. also, trump also says he will eliminate taxes for all social security recipients. harris has no answer for that. and he will eliminate taxes on tips for everybody, which he helped with and she just chimed in said she would do that, which she is not going to do. trump -- harris is just very,
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very radical. she admits that herself. between her open border policies, which will continue and kill the economy, to all the benefits for illegals, to just across the board, she is ridiculous. host: herbert in michigan on the neither line. good morning. caller: yeah, honestly, i think harris is the best option here, if you look at these prices out there. i think harris is what did this. these prices are not going down. even if you took the tariffs off. corporations do not lower prices, they only take process -- if you look at tax cuts for rich people and corporations, why not invest in the working class and retired people and veterans,
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like the biden administration has done? i think that is a better option. let's try that for a long. the american working is what makes the economy going around. host: the question, which candidate do you trust on the economy, you are on the neither line, but you are saying, of the two, you would trust vice president harris more? caller: absolutely. tariffs are getting is nothing but higher prices, tax cuts get is nothing. but the little guy paying for the tax cuts are that is all we are getting there. host: let's hear from carl, also from michigan, on the other line. good morning. caller: hi. i want to tell you a few things here. supply chains -- diesel under $4 a gallon, tariffs still on, and labor up, health care up.
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this is what a roast will never be $4 a pound again. let me play grandpa carl and say, when i was a boy, candy bars were $.30. prices don't go down, they generally go up. bread was $.59 a loaf and they were a kid. people need to understand that, once the pandemic ended and people had to pay labor, ok -- people making $7, $8, $9 an hour are now making $15, $17 an hour. prices do not go down when companies have to pay for labor. prices do not go down when companies are paying health care for their employees are that is the future. this is where we are at right now. inflation basically is tamed. it's hit 3%.
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everyone, pay attention to the math. it's generational -- host: you are calling on the other line. when it comes to the issue of the economy, where does it rank in terms of issues of importance to you? caller: i don't know. i think the economy has actually been pretty good. i do not have a problem during covid. but i kept working. i was an essential worker. the economy, to me, is looking fine. i work in retail, wholesale, i watch people spending money. there are certain categories that may be slow or fast at different times, but that is normal. if you look at appliances, durable goods, that sort of thing, clothing or things like that --tariffs are not helping the project. tariffs are looming alone. the --
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spread through other aspects of the economy and manufacturing. everybody is making more money than they made three 2008. does anybody remer the fight for 15 -- remember the fight for $15? bernie does. remember -- we have people in coffee shops making $18 an hour. good for them. where i live, the dream is a couple in their mid-20's, one works at a brewery, one was at a bakery. they live in town. they do not own cars. they use public transportation, they walk, ride bikes, and they have an apartment that looks over the beautiful bay. that is the dream. and it costs money, ok -- host: we will hear from john in hampton, virginia, calling on the harris line. good morning. caller: good morning, how are you? host: doing well.
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caller: glad to hear it. i trust harris. i think we need to stop wining about the economy -- whining about the economy. the economy is going to shift a little back-and-forth because of the fact that companies are starting to pay people, and they are starting to look out for people's health benefits. so that situation is going to switch back and forth. what we really need to pay attention to is the fact that project 2025 -- that is what we really need to pay attention. host: that is john. we will hear from david in indiana. he says former president trump. good morning. caller: morning. i think trump would do a better job. harris, just watching her economic speech prior to your show today, was talking about all these giveaways, these $25,000, first down payment for new homebuyers. who is going to pay for that?
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it is very similar to the student loan debacle. it is all bribery. i didn't need her to tell me ground beef is up 50%. if that's the case and she is aware of that, why didn't they do anything about it? the tariffs are on still, if the tariffs are bad, why didn't biden take them off? trump himself said it is too much money for the government, that is why they do not take them off. she has no experience in this. blaming high prices on gouging -- when did all the major industries get together and decide that they were going to couch the american people? i would like to know when that day was. her lack of experience, the fact she will not sit down, even to a friendly interview, is
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remarkable to me. it has been about 30 days. go ahead and vote for her, i mean, obviously that is your choice. they say inflation is down, it is down to 2.9%. that means the growth is still 2.9% a year. the fed likes 2.0 percent. that is an arbitrary number. but food prices are still as high, just the growth of it has slowed down, which is great. but what did they do to do that? i want to know what biden-harr is' plan was that reduced that. host: let's hear from otis in florida on the harris line. good morning. caller: good morning. i've been listening to a lot of people -- two people said trump was better. kamala harris also is better.
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i would like to explain something. one trump took over in 2017, he was riding on the obamacare hotels. it took about two years before it got better. i think trump, after two years, going through what obama left him. now covid-19 hit. the supply chain crashed. it took about a year, year and a half to get the supply chain under control. but when you talk about placing tariffs on the american people, you are raising taxes on us. when you talk about kamala harris don't have no experience, donald trump don't have no experience. donald trump went bankrupt six times. she is better at what she is doing, she has better character, and i think she has a better track record, because she never filed for bankruptcy. that is just like having a
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robber closing the bank, this is what will happen. --they are going to raise the price of the products. we are not going down to where we were. that is never going to happen. but what we are going to do is being able to better manage our money. if you look at the travel, all the special cases over the year, they have overwhelming travel. you can't tell me all those people, those multimillionaires, they were struggling working these jobs. they save enough money to go on trips, save enough money to make these trips. supply, we are facing, -- i am a retired veteran. i worked in 2019 and 2020. understandable -- i understand a
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lot of people lost their jobs. income tax was cut a little so people could sustain themselves. joe biden did it, then trump did it. trump did it first, but what is it we always complain when you want to give the little people a little bit of change and we cut taxes for the billionaires and millionaires? where the concern about the taxes being cut for the riches of the rich? host: let's hear from jack in pennsylvania on the trump line. good morning. caller: yeah, i will be more than happy to talk about the policies she described yesterday on her speech, and they are horrible. you start out with pay for family leave, paid for child care, rent controls -- that drives up the prices of housing. she wants to control drug prices, but only on specific drugs. what happens as those specific
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drugs are lower, but there are thousands of other drugs that aren't covered that they are going to praise the -- raise their price on, that is happening. paid medical leave, $25,000 for a first-time homebuyer, $6,000 per child born? then you talk about the student loans or the gender blunder ideas for having men compete with women because they cannot get trophies when they compete against their own sex, it's a di sgrace -- host: that's jack. a couple callers mentioning vice president harris and her proposals on housing and homeownership. here are some of her comments on that from yesterday. [video clip] >> and during the foreclosure crisis, i took on the big banks for predatory lending, with many of my colleagues, including roy cooper, and won $20 billion for california families when i was attorney general. [applause] [cheers]
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so i know how to fight for people who are being exploited in the housing market. and i know what homeownership means. it's more than a financial transaction. it is so much more than that. it is more than a house. homeownership and what that means, it is a symbol of the pride that comes with hard work. it's financial security. it represents what you will be able to do for your children. [cheers] [applause] and, sadly, right now, it is out of reach for far too many american families. there is a serious housing shortage.
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in many places, it is too difficult to build, and it is driving prices up. as president, i will work in partnership with industry to build the house and we need, both to rent and to buy. we will take down barriers and cut red tape, including at the state and local level. [cheers] [applause] and by the end of my first term, we will end america's housing shortage by building 3 million new homes and rentals that are affordable for the middle class. [applause] host: let's hear from elaine in michigan. she says vice president harris. good morning. caller: good morning. yes, i am calling because, you know, it is typical trump
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showman to bring out his background of props and to show tictacs -- it's so showman. it's typical circus. we have seen this before. he likes to do this. he likes to have as little props after everything he does, so he can be this absolute bark of the political world. it is ridiculous, but he does that. he had a chance. he had his four years. we all gave him a chance. what did he do? he cut taxes for billionaires and their yachts. he gave tax breaks for their airplanes. we know what he does, we have seen it with our own lives -- eyes. we lived it. we don't need to wonder who did the best job. we have seen what trump does. he cannot even land in montana because he owes the state for
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his rallies. this man is no good with money. you think he will do good in the economy for us? he doesn't care. he doesn't know. he thinks you need an id to buy bread. this is a man who has a gold toilet. unless you have a gold toilet, you know what you're talking about. it is harris all the way. host: let's hear from kevin in ohio calling on the other line. good morning. caller: hi. i think a lot of people do not understand a lot of things in the economy are not in any way controlled by the president. our economy is a great engine. when it has certainty, it runs well, it makes wealth for everyone. when it is uncertainty, due to covid, or uncertainty due to some economic bubble, some crisis that is created, it does not do well. people need to understand that. tax cuts for the rich, i think
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if you look at the graph, what the rich paid in the golden eras of the americas back in the 1950's and 1960's was much higher, so that does not seem to be working. on the other hand, when ms. harris says things like "we will control this," you cannot control prices. we live in a market economym paid you cannot do that. you can try to -- and i you can try to influence prices, but you cannot control prices. and if you inflate things to offensive, do not buy that. that is a market economy. people have this concept they have to have so many things. they do not have to have those things -- host: you are calling on the other or unsure line. is there somebody you would trust with more of the economy? caller: i cannot single out a person. i think the candidates we have are taking their best efforts for the parties with which they
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represent, but offhand, i cannot think of anyone. an economist would be great, frankly. host: that was kevin in ohio. nicole in maryland on the trump line. good morning. looks like we lost nicole. we will go to paul in idaho, also on the trump line. good morning. caller: morning. i am a trump supporter. i think the soft landing that we were talking about -- host: go ahead. caller: ok, i didn't know you could hear me. i think the soft landing they were talking about, as far as the biden-harris administration, is it going to be socialism or all out marxism? i see a lot of things pointing
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to all-out mark schism cousin. anytime you bring 20 million people to a country with no way to make a living, nothing except the shirts and pants enters on their feet, you will run into a lot of problems. it has just begun. i do not know how trump will be able to put 20 million people on trains willingly, to take them down to south america, but i guess if that is what he thinks he is going to do, then i will support that, too. i don't necessarily agree with it, but we do not have the jobs, we do not have the places to live. we are filling the finest hotels and motels in new york city with migrants. everything is full, completely full. there's -- they're saying about building the home for the middle class. people in the middle class can kind of build their own, if they are able to keep their jobs, that is what we need to do, keep
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their jobs. i think trump knows how to keep and make jobs. as far as the 60 million jobs that harris just quoted just a few moments ago on what you are playing, it does not add up. most of these jobs were civil service type jobs, irs, 87,000, eta, another 46,000. people getting a second job, which is actually a part-time job, which only counts for half a job, if they give it a full count. these numbers add up -- do not add up. host: let's hear from eddie in texas on the harris line. good morning. caller: good morning. host: go ahead, you are on. caller: yes, i am voting for m.s harris. we will be great with her with an economy, jobs, housing.
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she has done a very good job of being vice president, from what i've seen. she just has my vote. she is an outstanding woman. host: that was eddie. let's hear from sarah, south carolina. she is calling on the line for other. good morning. caller: good morning. i'm basically calling because i am just concerned about the lack of knowledge that most callers are calling in, the lack of background on history and economics. inflation is when the prices of goods and services increase over time, which can be caused by a number of factors. in the case we are living in right now, we had an unprecedented pandemic in 2020 that cost all of what you see from 21 to 2023, so you cannot
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necessarily blame -- whoever would have been in office, whether it would have been a republican or a democrat, we still would have seen the effects of this unprecedented pandemic, because of supply chains, etc. now you have many corporations increasing prices, because they are saying, we cannot get supplies, so unfortunately, you, the homeowner or whoever, have to foot the bill. the last thing i want to say is i want people to think -- i am an educator. would you put someone in a position or an office that has many, many, many past failed businesses, to trust the economy? thank you. host: let's hear from nehemiah
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in florida on the line for vice president harris. good morning. caller: yes, how are you? i just wanted to say that president harris -- she is going to be president -- they call trump president, so i will call her president harris. when she gets in office, she is going to make sure that she takes care of the poor people, people on social security. and what about this? she got caught trying, ok? she can get her foot in the door, ok? don't -- she's never been president before. give this lady a shot. i'm telly -- telling you. she's like a beautiful half-and-half person. i am the same race and color she is. i cling to that lady, because it
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shows me, even in the black race, we are not terminating on our light-skinned people, on our indian people, or any other. i'm just telling you. watch. she's trying. she got caught trying, how about that? host: let's hear from lucy from west virginia, calling on the line for neither. good morning. caller: i am calling to let you know that people can vote the way they want to, but harris and them have been in office for four years. what has she done? people can vote for who they want to, but when they vote for harris, they are really going to go under. she is telling lies. that's just all i have to say -- host: lucy, the question we are asking people today is which entity do you trust on the economy. it does not sound like you
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support vice president harris. you called on the neither line. do support former president trump when it comes to the economy? caller: trump did well when he was in. harris and biden will take him under. they can vote for who they want to. host: that's lucy. let's hear from frank in virginia, calling on the line for vice president harris. good morning. caller: good morning. i support vice president harris on the economy. i think we forget that donald trump was handed a really good economy from the barack obama and biden administration. host: go ahead, frank. caller: oh, sure. and donald trump took that economy and ran it into the ground. i think the way he handled covid was one of the reasons why we are in the position we are today . we have, a long way with biden -- we have come a long way with
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biden and harris. inflation is one of those key issues when it comes to the economy. former president trump at his news conference thursday spoke about vice president harris' and the biden administration's efforts in that area. here are some of those comments. [video clip] >> harris just declared tackling inflation will be a day one priority for her. it will be day one. but day one really, for kamala, was three and half years ago. where has she been and why hasn't she done it? why hasn't she done it? she was the borders are but did not do anything. the worst borders are in history. there has never been a borders are so bad. she has been unbelievable in terms of her badness to some of our allies, our great allies. you know who i am talking about. here is the record of economic
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calamity that kamala is desperate for voters to ignore. she cast the tie-breaking votes that caused record inflation. she cast the votes. she is trying to blame biden, as you know. so it was biden, but i am going to do a better job here but it was her. if she wants to do a better job, she is still got five months left, right? but she can't do a better job, because she does not know how to. she is of a place in life where she wouldn't know what a better job is. she will destroy our country. as a result of kamala's inflation -- host: we have just about 20 minutes left in this segment, hearing from you on which candidate you trust on the economy. we are hearing from callers and there is also reaction on social media. a couple tweets coming in.
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janet in florida says i us harris to consider the american pele when making decisions regarding economic policies. i expect trump to consider his rich friends when making decisions regarding economic po. deon says the uonomy is the proverbial big v once an action is, it felt. time for results to be trumpode obama's economy fo the first couple years and biden rode trump's economy which, with covid, brought high inflation. back to our phones. we will hear from michael in new york, calling on the other line. good morning. caller: good morning. i am having a very hard time understanding the people that are calling. i drive a tractor trailer. first of all, i need to say this -- this is a fact. a fact. and i'm african-american. under president trump, we have the lowest level of unemployment
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among african-americans, hispanics, everybody. what he did to stimulate the economy was he cut the corporate tax rate, which was at 31%. it is the highest tax rate of any industrial country in the world. so people who have capital, you're not going to invest when you get taxed at 31%. you will probably invest in switzerland, where it is only 11%. when he cut the corporate tax rate, $6 trillion came back to the united states. the key thing with inflation, because i drive a tractor trailer, is diesel. it is oil. with the biden administration did was they cut the keystone pipeline, gas prices went through the roof -- i am driving a tractor-trailer, an independent trucker. what i was paying for gas, it had to be passed on to the consumer. the harris administration is against fracking, it is against
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natural gases for this new greenville which will exempt india and china and force the united states to pay trillions upon trillions of dollars. then we talk about covid. this is a fact by every news agency. they got that vaccine out and operational warp speed, faster than every -- host: let me ask you this, because you are calling on the other line. it sounds like you support former president trump over harris, is that accurate? caller: no, no. what i am supporting is the facts. i am supporting the facts here. on the economy here, the biden administration blew it. that's just a fact. people are talking about how the biden-harris -- where's our policies? she wants to have price controls or that does not work. he did not work in the soviet union, it did not work when president nixon was president, it does not work. you cut the corporate tax rate,
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but the democrats always want to say everybody needs to pay their fair share. i believe everybody needs to pay their fair share, but when you tax people at a rate that you do not stimulate economic growth. fact. host: that is michael in new york. from today's wall street journal, an opinion piece from the board there, the headline, kamala harris endorses nixononmics, talking about her economic proposals. in part, it says, we wrote friday kamala harris was likely to promote biden's build back better agenda, but it turns out we were far too optimistic. the policy priorities the vice president laid out were much worse, including a plan to impose national price controls on food and groceries. ms. harris' political problems is the biden-harris economic policies have delivered inflation and declining incomes.
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the high price of food is a particular sore point, and the vice president's responses to make it worse by resorting to venezuelan-style left-wing populism. that's no exaggeration. that is from the wall street journal's opinion section. let's hear from ronald in louisiana. he is calling on the line for former president trump. good morning. caller: good morning. i need to give history to the american people. roosevelt was a socialist. he ran the government as a socialist. he gave, he gave, he gave. then we got to world war ii, and he had to go to the macon people to rebuild everything. then carter. carter's the worst president of all time. carter only needed four years.
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you know why? remember this. the embargo. prices went up, prices went up, because there was no oil and gas. they do nothing in america. ford tried it, nixon tried. now, here we go. let's go back to obama. obama, the economy will up. people were having a hard time. that is why trump got in. trump started working it down, brought everything down. america was working, america was making money. he didn't have to make people pay $15 an hour. they were able to pay that $15 an hour, because everything was going. he loses the election, they put over $2 trillion into the economy, but all you hear is some of that money disappears. they did not give it back to the
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american people, they gave it back to wall street. look at how high wall street is. trump can bring down the economy in a year to year and half if he gets back in. it is a simple process. like he said, drill, baby, d rill. host: former president trump and vice president kamala harris on the campaign trail this week, talking about economic policy. foresident donald trump will be speaking again today. this afternoon , he will speak to supporters at a rally in the city of wilkes-barre and pennia, a state he won in 2016 but lost in president biden. can watchhat live starting at 4:00 p.m. eastern on c-span c-span now, and online at c-span.org. also want to let you know that vice presidential nominee --
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democratic vice esidential nominee governor tim walz will be campaigning today. he will be in omahanebraska. live coverage of that event will be at 2:00 p.m. eastern. you can also find that event on c-span, c-span now, and online at c-span.org. let's hear from thomas in florida. he says neither. good morning. caller: good morning, how are you? host: doing well. caller: good, good. i made a mistake. it's not neither, it is more to the right. when trump was in, when trump became president -- i am a blue-collar worker -- i was a blue-collar worker. i got laid off last monday. but when trump was president and he did the tax cuts -- i am a lower middle income, and i gained more money in my pocket, which made my spending a little
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bit better, made my life a little bit easier. when biden got into office and started going with the green new deal, people do not realize that the fuel prices, in my opinion, is what controls a lot of the market. i noticed that when the fuel prices went up, food prices went up also. my main question is why is it when biden and harris -- i shouldn't say that, i should say why did they overturn a lot of the policies trump already in place when the country was doing fine? the bottom line is they just did not like trumpcare this goes back to hillary. they just do not like him -- host: when it comes to those policies, is there anything specific you would have liked to have seen them keep? caller: absolutely paid i would have liked them to keep the border. the border program trump had going. i would have liked them to keep the oil, because gas prices,
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like everybody said -- i think $1.86 was the lowest. in 2020, it was at $2.45, which made everything else fall into place. yes, there pandemic was a terrible, terrible issue, and i know biden got caught with it, but just leave things alone that were working and work on top of what trump did. don't cancel everything he did, because what he did had this country rolling paid i saw in the news where i think john deere is moving out of the united states and going overseas. it is ridiculous. why anybody would vote for a person because they are either black or because they're white or because they're a woman or because you don't like their personality -- you need to throw all that stuff aside and vote on what they can do, what they did, and what you think they are going to do.
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and harris is not going to bring this country back. people that vote for harris, i pray and i pray you can live with what you do, because it will be a horrible, horrible another 4 years. host: let's hear from frederick in texas. he says vice president harris. good morning. caller: good morning, good morning. i got a couple things to say. people never did take civics in high school. these callers do not know how the system works. i am a project of the home assistance. i am also a product of health care. i am 60 years old, my wife is 65. we have a 13-year-old. if it were not for those things, we would not able to give our
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daughter a better place for it on the down payment system, it is not free money. you have to pay that money back when you are buying a home. that's get this straight. the down payment assistance, you have to pay that money back with your mortgage. so we are all informed with what the situation is, i am a tractor truck driver myself. i am the owner operator. i had to resign as the owner operator and become a company driver, because it did not make sense to run my truck with the fuel prices the way they are and what they are paying -- host: when you're talking about the fuel prices, what kind of changes did you see, what kind of jump? caller: ok. for instance, let's say you're driving 750 mile -- 750,000 miles. the price jumped up and they got
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greedy, they cut the rates. when they cut they rates, you suffer. ou can't run your business. covid opened up a lot of things for this economy. they opened up a bunch of things. people don't understand the supply and demand. yes, i understand the tractor-trailer guy called earlier about fuel the most important thing about driving trucks is you will. if you do not get a good price on fuel and do not get a good price on the rate, you do not make money. so america, it is not about -- it is about money and about giving a person a chance paid since i moved to this area, my daughter's grades went up. i thank god somebody gave me a
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chance to buy a home and gave me a chance to have health insurance. host: that was frederick in texas. there is a guest opinion essay in the new york times last month , the headline, the enormous risks of a second trump term poses to our economy. the piece written by robert reubens and kenneth schnapp. reubens is a former u.s. -- part of the article says, in part, at a time when our country was already an increasingly risky debt trajectory, mr. trump tax and spending initiatives during his presidency added an estimated seven point $8 trillion to the national debt, according to the manhattan institute.
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mainstream analysts conclude the results of mr. trump's tax cuts increasing demand in an already full employment economy while having a negligible effect on business investment added very little benefit in their short-term and virtually nothing in the long term. and mr. trump's second term agenda would further harm our fiscal picture. a committee for a responsible federal budget report says the spending in the 2017 tax cuts alone would add another three point $9 trillion to the federal debt and increase our debt to gdp ratio by approximately 10%. this would lead to higher interest rates and greater inflation while undermining business confidence and would reduce our resilience in the face of future national security and economic risk. just a few minutes left in this first segment this morning. let's hear from lloyd in new york.
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he is on the neither line. good morning. caller: good morning. i didn't realize it was just about economics that the calls were for. because my thing with both candidates is i don't see either one of them talking about the unaccompanied minors that come into this country and how many of them -- the use of a nice word, traffic, like they are just moving them from one area to the other. but they are actually selling them into the sex trade -- host: let me ask you now that you are on the line and you know we are asking about which candidate you trust on the economy, do you have a preference? would it be vice president harris? or former president trump, someone else? ? caller: yeah, if it was the
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economy, i definitely would have to go with trump. harris is -- again, it does not work. you cannot take an american company and tell them how much they can charge. first of all, if they lowered the gas prices and did more -- i mean, we are pumping a lot now, but if you lowered that, you lower all the costs for everybody. you lower the cost for the drivers, you lower the cost for the companies making the products, you lower the cost for the supermarkets to run their electric and everything else, and you lower the cost for the person going to the store. that's where they really got to start. all of the rest of the -- it isn't going to do anything. if you lower their price of fuel, you lower everything in the economy. nothing in this country runs without fuel.
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host: let's hear from cecille from virginia. caller: cheers and greetings. as the gentleman prior to me indicated, fuel plays a key role . when covid hit, most people were off the streets, they were not driving, so that drove down the cost of fuel. but there must be some type of counterbalance between the soul and the spirits versus the economy. -- on economic destruction. yeah, we produce a lot of oil and nuclear power, by that is leveling the communities. nature will not be able to support life --
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i strongly support more so the harris way than the donald, who had his insatiate -- they're projecting that, soon, we'll reach the state where there'll be one person who has $1 trillion, and that is coming soon. host: let's hear from joe in baltimore, also on the line for vice president harris. good morning. caller: good morning. i think harris will do better on the economy, because donald trump increased the national debt by almost a trillion dollars. the ppp loans, they call it a loan, if you look at the bill, they were always just a grant for businesses. it was a wealth transfer from
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taxpayers to corporations to the tune of almost $1 billion there. sorry, almost $1 trillion there. it was like $800 billion or $900 billion. the abraham accords, the dismantling of the iran deal, all of these things were instigations to middle east instability, which all comes back and affects the economy as well. the handling of covid was an odd mess that needed decisive action one way or another, but what we got was a hodgepodge that kept people from being able to effectively work while, at the same time, not providing an effective solution for clamping down on the virus when it was actually just starting out.
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the economy now, we have a great economy for generating wealth for america, but none of that comes back to individual people. i would like to say, also, a little bit of an aside, i agree with the caller who called for neither and was concerned about the trafficking of migrant children and other children as well. to their point about the word trafficking, that is a technical term for all the awful stuff we do to people, but i would like to see that addressed by either candidate as well. i don't always necessarily agree with the particular spin on it, but any promotion of the series issue of one of the most horrible things we could do to a human being is always good to have in the public this course, i think. host:

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