♪ explore endless design possibilities. to find your personal style. endless hardie® siding colors. textures and styles. it's possible. with james hardie™. ♪ is it possible to fall in love with your home... ...before you even step inside? ♪ discover the magnolia home james hardie collection. available now in siding colors, styles and textures. curated by joanna gaines. larry: hello folks welcome to kudlow i'm larry kudlow, we'll review former president donald trump's nbc

interview. when he had a chance, able to breakthrough the noise, mr. trump was able to outline a future agenda, much on the economy. he talked about getting inflation and interest rates down. by reopening the spigots for liquid gold, oil and gas. and fossil fuel. one of his key points is gets overlooked is selling the liquefied natural gas to uneurope and asia. there would be a revenue windfall for u.s. that could lead to producing federal dgedebt burden, mr. trump thrashed joe biden policy on electric vehicles, including electric trucks and he emphasize his economic successes preand post pandemic, the public agrees with him, joe biden economic approval hovering

around 35%, and donald trump's around 60%. subject of bidenomics was not specifically raised. let me fill in blanks with articles by kevin hassett and ej antone. all making important points about the failure and untruths regarding bidenomics. president biden brags about manufacturing. actual production year-on-year basis has dropped 5 consecutive months. plus the ism manufacturing surveys been under 50 for 10 straight months. that is a clear future recession signal. workers real range ofs declined -- wages declined 3%. duringed by own presidency they rose by 7 purse under president trump. with latest respect level of

inflation gone up 17% grocery 20%. and energy 38%. gasoline 52%. all during the biden years. president biden keeps bragging he is cutting the budget deficit by 1.7 trillion. which is his infamous bottomless pinnochio, that fiscal year, 23, which ends this month, the deficit is expected to exceed 2 trillion. go figure biden blames trump tax cut, but former president set the record straight, pointing out that stack ref -- tax revenues went up even as tax rates went down. federal spending under joe biden hovering near 25% of gdp . compared to less than 21% pre-pandemic under

mr. trump. and the cbo spending estimate are running 1 trillion dollars above prebiden estimates. finally, real median household income increase under trump pre-pandemic by over $5,000 a family, they have fallen 4 thousand under mr. biden, and poverty data, well, that has ratcheted up sharply from 7.8% under mr. trump to 12.4% under president biden. for black americans poverty gone from 11.3 to over 17%. for native americans 12.4 to 23.2%. and for female head of household 11.7%. to 22.6% under mr.ed by in. no matter how much president

biden denies the factoid, the public knows better, save america. mr. biden, please, retirement now is the time. >> that is my riff. >> all right. let's turn to this donald trump's masterful interview, welcome john c carney, coauthor of breitbart business digest and great mark samone listen to what president said about retribution and fairness. >> you launched your examine in -- your campaign and march, you told the crowd i am your retribution. >> i think retribution is talking in terms of i have to protect people, what they are doing to people is horrible, they are putting people in jail for long periods of time, firemen.

policemen, accountants, even lawyers. >> what talk about retribution are you talking about directing our attorney general to go after your political enemy. >> i'm talking about fairness. we have to treat people fairly. >> all right, you heard him. we have to treat people fairly, mark, stater with you. because -- i start with you, the standard of justice under the bidens has come through, i don't think that trumpitrump saying he is going after them, i think he saying time we had a muc neutral system of justice a fair system. is that what trump was saying. >> you could see, just by watching "meet the press," when democrat on, nice gentl questions here, is there, pounding away, by wait, "meet the press," for every week the year, tells

you how awful, and disgusting donald trump s they get a new host, they plead with him to g to come on show, and he is nice enough, for people po say he is afraid to debate, he is doing toughest debates that i have seen. they are tougher. larry: i think she is a go good reporter, she covered me while i was in house i think she is a fair reporter there are some unbalanced things that will happen we'll show them later on. the point i think that is key, trump is sticking to his guns, in a relatively calm and moderate way that is the point that i think sticks out. >> his guns are correct he should stick to them, no one can figure out what the everyone in charges are -- 97 charges.

no one can figure it out. larry: john, do you want to take a point. we're getting to the uaw . and we're only people that could the real meeting of uaw . >> it is amazing how when donald trump was running for president, he had crowds chancing locker up, people were mad, saying he is politicizing justice this is terrible, he gets into office he said i'm not going to pursue her. the democrat come in they do the opposite. larry: a great point. that is a often overlooked he let it go. >> he said the country has been through enough, we had an election move on. democrats are not willing to move othey won election, they are coming after trump, day in day out, and where they can get an indictment, they are going for it. larry: and also, i think that is what he was saying. in this -- he was asked, are you going to appoint an

attorney general, he said now, i'm going to appoint a fair minded attorney general. that was the key moment in the inner view. >> we have more. i think we have the uaw . sound. listen to mr. trump on that we have great john carney to talk about it. >> i don't know that gentleman but his name. and i think he is not doing a good job in representing his union. he is not going to have a union in 3 years from now. those jobs will be gone because all of those electric cars will be made. in e doing with trucking industry is a disaster, they want all electric trucks, a truck with large tank, can go up to two thousand miles and act electric truck goes 300 miles. larry: what is interesting. with those numbers.

john carney. another point over the weekend, mr. trump said he was thinking about marching with some of the uawork picketers. -- uaw picketers, talk to me about the strike right now. >> donald trump is correct when me says, that there is a threat to american auto making. this is what the uaw does see, they are too wedded to the democrats, they know the premature push for electrifying all cars will wipe out jobs there are far fewer jobs required to make an electric car, even if we made them here it would be a big problem. the problem is we will not make them here unless we ramp up the tariffs higher than we did while trump of president, china will make them cheaply and dangerously

and ship them here in europe, they realize they will have their in -- their entire auto industry wiped out. they had all economic gains they bargained for in last contract negotiation wiped out by the inflation, th their cost of living has gone up faster than their pay, they are saying, we need like 5% a year going forward but we need to make up for 20% inflation we experienced. and until -- it is not unreasonable, a lot of people say they are asking for 40%? that is too much. it is not if you look at how their cost of living has been wiped out. >> this is a strike against the inflation biden. and secondly, a strike against biden's climate policy and his mandates for

the electric vehicles, no gas power cars in 10 years. what is that doing? not only is the uawgetting wiped out but t the big three carmakers will not do well,. foford lost billion last year making the electric vehicles. >>u our electric grid can't, vin handle what he have now. imagine putting a million electric cars on the grid. if is not going to happen. we'll be a supply chain crisis in to deet deetz. detroit. it will collapse. >> john, you p biggest cost of living hikes came in norther states. >> right, they have suffered much more inflation than

country as a whole. and inflation is running higher right now we're at 3.7 i think in last number, they are up above 5 their mikhael zinflation is worse, and their cost of living is you were, they are asking for a fair deal, they are not fighting against the market. they are fighting against the biden administration policies that wiped them out, and threatened to make it worse. larry: what is new? the latest. front page of "wall street journal," was praising their tactics, they went after specific factories for all 3 carmakers there are new reports out. >> the most interesting thing, they are doing related to what mark said, they are going after the profitable gas engine factories, they are not going after electric factories, they are going after the things that there is a real market demand for,

they are most profitable plants that i've car company has, they have -- they are smart about this, they can expanding it. they can if they need to, they can bring it down. normally they would have around 6 weeks to strike that is what strike runs out and peoplefied their families. -- have to feed their families by striking certain plants and keeping a lot of union still working, that extends the strike fund for as long as they want. larry: mark, you had a lot of experience as a long haul truck driver, they need too go 2000 miles electric cars, they go 300. nobody talks about that. that say factoid, i first heard. >> i don't want to spend 45 minutes to an hour in a gas station every time i have to charge up, batteries are 18

thousand dollars, and you have to strip mine half of the earth to get minerals and if there is a fire, the fire department cannot put it out, it has to burn for 5 days. >> when you drive up on the hutch in merit parkway to hur weekend chateau in connecticut, you willing to wait a couple hours to recharge. >> i don't like to spend a couple hours in a station. >> a common sense point of view. >> if you think about what just happened with the supply chain problems with ports of los angeles, and that is going to be nothing compared to what trying to move to all electric trucks will be, they will drive 200 miles, have to stop for an hour, drive another 200, it takes a week to get across america. larry: unbelievable. john carney and mark is a mosamone glmg up

more about the nbc interview with mr. trump, how trump plans to reverse some damage of bidenomics. here is a hint. drill, baby, drill. we'll talk about it with art laffer when c kudlow returns, fox business hosting second republican primary debate at r ronald reagan president rally library in simi valley, california, on september 27. we'll be broadcasting our show from there and do the free debate show, and will be total cool, you won't want to miss a thing. i'm kudlow and we'll be right back. etty much the same, but at fisher investments we're clearly different. (other money manager) different how? you sell high commission investment products, right? (fisher investments) nope. fisher avoids them. (other money manager) well, you must earn commissions on trades. (fisher investments) never at fisher investments.

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or tax rates went down and tax revenues went up. here is one of the sounds from the interview. >> he wants to raise corporate tax rates to 28%, that is reported you want to lower them to 15%. >> i would like to lower them a little bit. i would like to do get income in, i lower taxes we took in merrevenue. >> to 15%. >> you know. >> depends on where we are. >> a lot happens in a year. but what i lower taxes, i cut taxes tremendously creating jobs we had more revenue with lower taxes than we did with higher taxes. larry: art, did you call him before that interview and tell him to say that? you can fess up. >> he wrote the the

ion the book, it was very good. the economy did better it was true. trump was well aware of that, but, i love the way he said it. he is great. larry: i just want to find, i am sure there is a back-channel story. you think he should go to 15%? on corporate rate? >> that would be very nice to go there. have should be a reform of corporate taxes we should never t -- tax profits, why do are you tack company that preserve our natural sources. we tax other companies that lose money, they are losers they make lousy products, i know they don't have any customers, they get subsidies from government, why should they get away with it there is no reason

to redistribute among corporations. is best way to go, in lieu of that, i would love to see it lower to 15%, there is no reason we should discriminate gain profitable companies. >> i think it is a bigger assignment is to reduce the personal income tax rate. now, all that expires, corporate rate does nottic piraexpire at end of 2025, you are left with top rate of 37% and 5 brackets come down about 3 percentage points. small businesses pay the personal income tax rate. you give a boost to small business by lowers personal rate, and you give a boost

to hard working folks. >> yes, it is right, we should do is have a flat tax across board, make it low in range of 13%. across the board with no deductions no credits and we collect to kn tons of money to run the government. all that discrimination against success would be eliminated with a flat tax. i think what you and trump did was great but we could go further. larry: always his policies, secondly, mr. trump on inflation and powell and interest rates. >> would you direct your fed chair to lower interest rates. >> depends, depends where inflation is, i would get

inflation down, drill we must, interest rates are too high right now, people can't buy homes. >> mr. president would you appoint a new ped chair. >> me has two years left we'll see. larry: drill we must. that is really -- as he sees the world. i think there is a lot to this. high oil prices, high energy prices, have a huge impact on inflation, as you know. refine petroleum products p permeate every nook and cranny of the economy, his policies would be to reopen spspigots for fossil fuel. >> i love everything that i heard, i loved his discretion with respect do

look we have to wait to see what the conditions are then. that say serious person. he says we can get rid of discrimination gain oil production he is right, producing oil in america is not polluting the environment, it just replacing u.s. production for inefficient dirty production abroad. if you want clean air it may be different, producing oil in america is not bad, it is tthe wonderful, first use a production solution for a c consumption problem, he said that well, and he addressed inflation well and his response to power i'll have to wait because he has two more years, that is correct. he has time to choose a good fed, and what circumstances are. i was impressed with that interview. >> well, then, all is good

in the world. art. >> all is good in the world, i'm an ace reporter, come on, ace? >> i like that, who said that, it could have been me. >> you said. larry: art laffer. ace reporter, coming up next on kudlow. house republicans may have a deal. to avoid a shut down. and the deal has strange bed fellows we talk to cha chairman of house freedom caucus. and mainstream media condition ignore it, we'll talk about that with gregg jarrett and mollie hemingway, when kudlow returns. rude. who are you? i'm an investor in a fund that helps advance innovative sports tech like this smart fitness mirror.

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government shut down. joining us now. pennsylvania congressman scott perry. who is chair of the house freedom caucus. mr. scott perry, as i understand it, the main street whatever partnership and freedom caucus, have banded together and have an interesting deal that would what put in a continuing resolution for another month or so before we get to the rest of the appropriation bills, you tell me. >> i will tell you we're not up leveled -- not interested in 8 shut down but folks running this place squandered most of the summer, we got together with some folks said, can we do 30 days cut government 8% during those 30 days, and force a border policy and get border policy for 30

days of cut funding permanently and allow to us finish the appropriations bills that we have not finished all summer get on with getting policy and spending right. we have not finished those bills, you understand washington there are plenty of people here who want to spend more and more money, there are folks like me who will not vote to spend more and more money, we're spending too much on the wrong thing that is the impasse, the 30 days of cutting spending 8% and securing border gives us time to do that. larry: i would agree with you. the fact -- you know, i think it is in the weeds and boring, but, if you can buy time to go through 12 apropiation bills, that is called regular order. that is how budgeting should be done, each has its

its own category, instead of lumping them in to omnibus bill with ukraine spending and no maui spending and lord knows what else spending. how is the leadership taking this? >> leadership is not supportive. it was not their plan, they are in support of it they don't want to be in a corner more than the rest of us, we think that secures border, and cutting 8% funding during 30 days is something most americans would support that gives us time to get the appropriate bills right, we don't want to pay for a border that is wide open or a department of justice that is persecuting americans for their political beliefs, the way to fix it make sure we get appropriation bills right thi this is an

opportunity do that.. larry: a birdie told me, e-mailed my, that our friend budget chairman jodey arrington is coming up with heaven forbid a balanced think about in 10 years. without any tax hikes. i know this is a concept, not a reality. but, i don't know if little birdie mentioned it to you? >> well, that little birdie did not, but i have spoken with the budget chairman, it has been his intent since being chairman to bring out a balanced think about -- budget americans of day, balance their budget at home. if what is going out exceeds w what is coming in you have to make a change. that is what we need do in dc, what we do in washington

d.c. is destroy the home economic plan, people can't afford their electricity bill or gasoline or groceries the very stables of lawlife are becoming unfordable. larry: i'm reading that speaker kevin mccarthy predicts trump will be party's trend 24 nominee. and governor desantis is not on the same level. if you don't want to comment on this i understand. but kevin mccarthy said that trump will get the nod? >> well, if you look at early polling results, former president is way ahead of everyone else we respect and love the other people that in the race, it is great to have a contest but we need a known quantity, we know what this president can do.

goodness, do we need some of that. their gas bill, 3 short years ago. so, we need the president to be back in the white house and i think that president trump is the guy that will do that. >> scott perry, i think we're talking about the trump interview on nbc, i think that middle class working folks need love. they need a little love. and i think they will get more love from mr. trump. that is just the way it seems to be stacking up. anyway, i hope you car, vids you can avid a shut down, scott perry thank you, sir. >> thank you. >> larry, god bless you. larry: all right, we'll move along, joining us now, wow mollie hemingway returns to kudlow. editor and chief of federalist and fox news

contributor, and gregg jarrett fox news legal analyst. and author of the trial of the century. thanks to both of you, so, we have been discussing mr. trump's interview with nbc. let me put this sound up first. this is mr. trump on corruption and he seems to disagree with the moderator, regarding joe biden's corruption. >> there is no evidence that the president has link to his son's, dealings, let me ask -- >> i don't think -- i don't necessarily agree, he called in all of the meetings and put on speaker phone every day. and many calls, and what about the fact that he got rid of the prosecutor for a billion. there are a lot of things here. larry: there are a lot of

things, mollie, what do you make of that dialogue i'll call it. >> this was kristin welker's first time hosting "meet the press," she did this debate with president trump, a lot of people were shocked about how misinformed she is about basic facts such as biden family peddling operation. and she ran a lot of defense for president biden not just on that issue but about the doj corruption, and she was falsely characterizing democrat abortion position, saying they did not support abortion through all 9 months of pregnancy, nearly every elected democrat has voted in favor of that, an interesting debut for kristin welker and disappointing for a lot of people. larry: i said earlier, i know her, she covered me

while i was works in the white house, i thought she was a fair reporter, but i was disappointed in the way she handled this. gregg jarrett to say that there is no evidence that joe biden was involved in his son's business or there was corru corruption. really? i'm reading coming down here. "wall street journal" editorial page, no friend of donald trump, none of less has a list of various corruption issues that are being discussed this was disappointing. >> well she repeated the same lie that every hour of every day that the mainstream media peddling to the public, they don't understand what evidence is. facts and information constitute evidence. it comes in form of documentary or testimony it

is director indirect, circumstantial, but it is evidence nev nevertheless, there are volumes of this that kind ofs ever evidence this implicate joe biden. the ve evidence in e-mails and text-messages and wire transfers and 170 reports flagged by banks to criminal division at the treasury. there are white house logs and photographs. documented meetings, with hunter biden's partners, he dined with them. all of this constitutes a we'll of evidence -- wealth ofs ever evidence. but the question does it rise to level of criminality, which i think it does or i'm impeachable, which i probably believe it does.

if media would open a law book, they would be shocked at what they discover. larry: mollie hemingway. i had jamie comer on last week. and i asked him about subpoenas for hunter biden and other family members. he said something interesting, his strategy is going to be in, follow the money. gregg talks about the suspicious bank accounts, chairman comer is a former banker. and i'm partial to that strategy. you know you can argue about various circumstances and who said what to whom, if you have hard evidence of bank accounts from point a to point b . which is where comer started this and wants to continue. i would say that is solid. regarding an prime

impeachment inquiry, but mollie your thought. >> it is important this committee do as much investigation as they can outside of purview of tv cameras, you wait until will end to have the subpoenas of biden family members, after you collected the evidence. they have collected a lot los angeles, senator johnson collected a lot by 2020. and there is not just about the biden family influence peddling business. no one can deny. it is also about how the department of justice covered up the investigation of that business, they move to protect hunter biden and joe biden from a troope -- proper investigation and how tied that department is to democrat campaign strategy in terms of who they protect and in terms who was they go after, that is something that you know much more needs to be done, i would wait for those explosive televised interviews to happen at the end. larry: at end. all right.

>> gregg jarrett and mollie him hemingway we appreciate your comments. larry: brent crude almost 95 bucks today, we're go back to $4 a gallon. we'll talk about it with former energy secretary rick perry when kudlow returns, you can catch kudlow monday through friday 4 p.m. here on fox business. and dcv the show. and if you don't know have to do that text your favorite 9-year-old, she will show you how do that. you will never miss a single thing. burger and fries... soup and salad. thank you! like your workplace benefits and retirement savings. with voya, considering all your financial choices together... can help you make smarter decisions. for a more confident financial future.

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larry: looks like we're headed for a hundred dollar barrel again. let's talk to rick perry. former energy secretary and former texas governor and a dear friend, brunt crude is 95 bucks today. 95 bucks. and the triple a national gas price is 3.88. and here we go. what is behind this. this is incredible.

>> nobody should be surprised. when you -- this is supply and demand. when you complicate it with the strategic petroleum reserve run down to levels it is, trying to manage the market with a tool that is only supposed to be there for purposes of national defense or emergency. then, this should not have shocked anyone that we're seeing gasoline prices heading north again. oil prices heading north again. you have the saudis who have more influence is the market now than they did 3 years ago when i left office. as secretary of energy. we were independent of no one, or excuse me de depended on no one we were independent in our oil, gas and energy.

we are sitting pretty if we will. shutting down the canadian pipeline, taking those lands out of production. and just, last week, we saw this administration again taking land out of oil and gas production in alaska, not only socking the people of alaska right in the nose, but also hurting america's energy independent. larry: rick, you know. being cynical about these. so last year, the bidens raids strategic petroleum reserve to get gasoline prices down before the election, you may go higher than $4 a gallon, some people think it will world crude will be 125, do you think they would do it again? even though it is half way

you know used up? they depleted half of it. >> do you think they would dare do that again. >> well, i think i would do it before next year if they think that is what they need to do to help them politically. they are in a conundrum, they are dammed if they do and dammed if they don't, only thing that can get this back in the direction that -- i think they want but, they are not willing to do what it will take that is to basically say to american oil and gas industry. sorry, we fouled this up, we need to help you all with your permitting and regulations, with taxation side. and get america back drilling, producing this incredibly, abun abundant and one of the cleanest burning fuel in the

world. larry: you know, you are right. they are ideologically driven, trump in the interview with nbc, driving a truck, they want to go 2000, if you put on an electric truck they go 300 miles there is no common sense. with this group. not a shred. >> yeah that is the key word that is lacking out of this administration. is common sense. they are living in a never-never land, and unfortunately the average american citizens who will pay the price, the rich people, will fly their jets but guy -- >> rick perry. we love you, we love you, out of time, i'm kudlow i'll be right back. meet the future.

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