going to be investing in, the capex associated with a.i. and buying these chips is just only getting larger and larger. that was actually the key takeaway from the nvidia earnings is the breadth of companies and industries in the united states that are investing in a.i. from everything in healthcare to autos to anything you could think about. liz: scott and art, we really appreciate you putting an exclamation point at the end of a day like this where the dow looks to close down 638 points. >> [closing bell ringing] liz: the nasdaq down 580 i'm just looking at the vix, volatility, scorching up 34% let's see what happens tomorrow. larry: hello folks i'm larry kudlow. former president donald trump will speak at the economic club of new york luncheon on thursday. that's this thursday, and that's

the subject of the rif. all right, as i said breaking news, former president donald trump will deliver a major speech on the economy this thursday, before a lunchmeating of the economic club in new york . expect mr. trump to layout his plans, to rejuvenate the economy by reducing tax rates and rolling back costly red tape and regulations, of course drill baby drill and reopen the fossil fuel spigots and pipeline and leasing and lng terminals along with the approach from protecting american economic interest from unfair trading practices call that the trump reciprocal trade act and you'll aalso emphasize the need to rollback the fiscal excesses in the budgets and now his key point, i believe, is going to be expand on the urgent need for more rapid supply-driven economic growth for america, for young people,

for minorities, to help all of them climb the ladder of success. also, new tax and regulatory incentives will facilitate the production of more goods which will bring down prices and provide an escape hatch for americans trapped in the biden-harris affordability crisis. for a preview of thursday's speech here is something mr. trump said in johnstown, pennsylvania last friday. take a listen. >> we will unleash safety, prosperity and peace for americans of every race, religion, color, and creed. together we will deliver low taxes, low regulations, low energy costs, low interest rates, low inflation, so that everyone can afford groceries, a car, and a home. larry: all right here is one way to think about all this. by removing all of the biden-harris tax and regulatory obstacles to fossil fuel production, more oil put on

the market will of course reduce the price of oil. so, instead of $80 a barrel, all prices could ease to something like $40 a barrel as us industry produces 15 or 16 million barrels per-day instead of just the 13 million that was first reached in 2019. now, the impact of petroleum costs permeates virtually every nuke and cranny of consumer goods and essentials throughout the economy. in other words prices everywhere will tumble. keeping business individual and investment tax rates low while the investment boom for the private sector. that would lead to the kind of capital deepening of all matter of business equipment and technological investment and advances. real wages which have fallen nearly 4% or $2,000 during the biden-harris years, they

would soar as they did during the trump years when they rose by 9% or roughly $6,000 for the typical working family. again, the principle is more goods reduces prices and the healthiest possible way. we'll be talking more about all this in the next couple days, but expect mr. trump to sharply criticize kamala harris' plan for price controls, rent controls, her extravagant new spending on housing that's going to jack up home prices even more or her welfare-related policies that essentially paid people not to work and would cost another $2 trillion? that would break the budget even more than it has already been broken. ms. harris cast the deciding vote for the original sin which was $1.9 trillion spending back back in 2021 and then th

the 1.2 trillion missnamed inflation reduction act in 2022 and on top of all of that the harris economic plan would throw a complete wet blanket over the entire economy with a $5 trillion tax hike. it would make the us totally uncompetitive globally, cause a rush of capital in businesses to friendlier foreign shores. she would raise the marginal tax rate on dividends and capital gains to 44.6% from the current 23.8%, and then the combined tax on business investors would rise, get this , to a rate of 60%. she proposes a wealth tax on unrealized capital gains that would destroy family farms and small business and everything else expect the stock market crash on that one and taxes on estates would rise as high as 81%. now, she may or may not be for a bannon fracking, flip flop, but it doesn't really

matter because biden-harris regulation and litigation on fossil fuels is as good as the fracking ban. recall ms. harris was a cheerleader for bidenomics which led to a cumulative price rise of about 20% over their term, groceries up 22%, gas up 50% and electricity 32% and then staples like eggs and sugar up 40% or peanut butter 49%, bread 46%, car insurance and repair costs 47%, and meanwhile as the new york sun has pointed out even though the year-over-year price index has eased, from 9.1% in the middle of 2022 to 2.5% recently, that still 25% above the feds 2% target. and think of this. if you had $100 worth of savings and prices rose 2% every year, for 30 years, that $100 be worth

only 55.70 after that. this is why neither the fed nor the biden-harris administration should even think about declaring victory on inflation. more importantly, mr. trump's plan to promote supply side growth and budget restraint coupled with low oil prices will actually bring prices down, which is what blue collar hard hat americans yen for to make ends meet around their kitchen tables. so, breaking news. dial up the new york economic club on thursday to hear mr. trump's plan to save america. and that's tonight's rif. now, no big story today. oh, my gosh huge market sell-off i guess on some bad economic data but who knows. well, gerri willis knows, she always knows. gerri? gerri: that's right, larry.

not good news here either. stocks kicking off september with steep losses as investors worry about economic growth. the tech-heavy nasdaq was getting hit the hardest today take a look at this down 3.2% or 577 points not something you usually see in a single day. the dow down 626 points, the s&p off by 119. behind all of this , new economic numbers. the ism monthly survey of purchasing managers show just a 47.2% reported order expansion in august. that marks the fifth straight month of contraction for the index. meanwhile, the commerce department reporting construction spending falling three-tenths of a percent as companies and governments scale back on construction projects. that number falling below expectations too. now, investors as a result voting with their feet and big tech and chip stocks leading today's sell-off. the socks index we have it right here look at this down

7.6% big move here. one of the big names in that index of course nvidia which fell nearly 9%. don't believe we have it. the a.i. play has been powering the market higher, not anymore as i said. its fallen pretty dramatically. finally, oil falling over 4% today to its lowest price since december, adding to further recession fears and all eyes looking to friday's jobs number to see whether it confirms today's trend or perhaps sets a new one. larry? larry: gerri, even after, i don't know, 11, $12 billion of subsidies from uncle sam, intel has fallen so far. i heard they're throwing it out of the dow jones index completely. gerri: this is amazing. i've never seen a move like this in the socks index, concerning for investors. larry: industrial policy doesn't work.

gerri willis thanks for the run down. folks let's talk more about what mr. trump may say on thursday to the new york economics club. we have art laffer former reagan economist, presidential medal of freedom recipient and on top of that we have florida congressman byron donalds. it doesn't get any better than that. all right, i kind of hope you're in my opening rif. byron i'll go to you. i'm expecting a tough blockbuster speech from mr. trump on thursday before the new york economics club and i think he's going to hit all, what he will do and what they didn't do that kind of thing. what do you say, what are you thinking here? >> reviewing the speech on thursday exactly right. donald trump will do and layout his economic agent which works for the united states of america. people have to go back to late 2016 when our economy under

then-president barack obama was very stagnant. they were putting up "the talking" points really a couple of years about people needed to expect the stable, low-growth. that was the new norm in america's economy. in comes donald trump. we change tax policy. we change energy policy. we cut massive regulations at the federal level and low and behold, we had one of the greatest booms in economic growth in the history of the country and the wage gap. the things that the democrats love to talk about. the wage gap was actually lowered under donald j. trump. contrast that with kamala harris. we still don't even know what the details are on her economic plan and you hit the nail on the head. her child tax credit plan that she has is the same one they stuck in the american rescue plan which created the labor shortage, which unleashed this inflation back in 2021. she already broke the economy once. america, please don't let kamala harris break it again.

we need donald trump. larry: 2 trillion i love that additional spending on top of price controls and rent controls and that includes a boost in housing, but arthur, let me go back to the principles with you. what i'm arguing and what i believe mr. trump understands is that growth is so important. i don't mean government stimulus and subsidies. i mean private sector growth, investment growth, what we used to call capital deepening for business equipment and technology and all matter of innovation, right? in other words supply side growth increases the volume of apples, so therefore, the price of those apples is going to fall. now you taught me this apple metaphor a long time ago. that's what i'm looking for in the speech. tell me, can he get there? does he get it? >> yeah, you've got king dollar, i've got apple, you know -- larry: i should have put king

dollar in. >> you did it. larry: i'll add it to the rif. >> thank you. thank you. king dollar is great by the way. [laughter] but if you do increase output employment but actually if you have a bumper crop in apples the price of apples falls, if you have it in the probings did of goods and services using supply side policies and a huge increase in the production of goods and services the price is going to fall. it is. if you allow more oil production, shock oh, shock the price of oil is going to come down if you have more oil production, you'll have the same demand and the price of oil will come down, and that'll be there. that is exactly what trump should talk about. my view, i loathe to tell him ever what to talk about. he's done pretty well on his own, but what you want to do is supply side economics to create an increase in output employment and production and then you want to have monetary tightness to make sure inflation doesn't follow so you make sure prices are coming down. holding the monetary base constant and increasing output is the exact way to go and of

course, drill baby drill. you should have also all the stuff on transparency and healthcare. you should look at all these other policies as well. he's got the perfect formula for a new prosperity and i just hope he can make it and sell it to the people because we need him back. larry: i think he will. i'm looking for a blockbuster speech. you know, byron donalds one thing i really like. in recent speeches mr. trump has been talking about the trump trade reciprocity act. this is a great way to protect america from unfair trading practices. in other words if japan would work with us and lower their tariffs or their non-tariff barriers then we would do the same. on the ot other hand if they dot or china wants to raise their tariffs we will reciprocate by a tariff hike on our side if you play ball with me i'll play ball with you. i like that approach to me it's a modern day free-trade

approach. what you think about that, byron? >> i'll come to that in a minute, larry. art i want to thank you for bringing back king dollar. that gave me a flash back to another network. love hearing about king dollar. >> [applause] >> that's where we need to go in america, everybody, king dollar policy but to your point. trump's trade approach in my view is the right approach going forward. i'm somebody that comes out of the school of free-trade policy, but we have to acknowledge the trade agreements that have been written in the past have not been enforced by these other countries and definitely not by the federal government. we frankly got little too happy with the fact that we were the only dominant economy in the world so we could have lax enforcement of trade policy, but not today and not going forward, because who suffers is the working men and women in our country. donald trump is right on this. if you have a trade/tariff policy, that as long as you play fair, we're going to be fair and

even and open but if you do not we're going to hold you accountable. that makes sense. not just on an economic perspective. it makes sense in everybody's normal day life. that's why the policy will work. it is common sense. larry: i'm with you on that. art one other thing. with lowered tax rates the laffer curve comes in. there's a piece by larry lindsay. a smart guy. he wrote the growth experiment about the reagan tax cuts. >> i do, i do. larry: i hope everybody sees the movie reagan. it's a fabulous movie. but arthur, in 2016, before the tax cut was put into place, corporate income tax revenues were 312 billion. this is 2016, okay? now last year, 2023, there were 410 billion. so they go from 312 to 410. now, the cbo said that by last year we'd only be at 358.

we're at 410. this is from larry lindsay, so corporate revenues, from the laffer curve are 14.5% higher than officially estimated which shows, i think, that dynamic scoring and the revenue feedback effect from less tax avoidance that you've taught us and stronger economic growth. i mean, i don't think the corporate tax cuts cost us a dime. we've actually made money in revenue terms over a period of actually less than, you know, they have these 10 year budget windows. okay, so 2016, this is 2024. eight years, we're way ahead. larry lindsay chronicles this beautifully, arthur. this proves your point for heaven sakes. >> well the tax cuts and jobs act larry did pay for itself in the first two years. tax revenues total federal tax revenues were much higher than the two years preceding that by more than the two years preceding were higher than that.

this paid for itself clearly and now there was a lot of return funds coming in from foreign-held profits abroad but as you say, even corporate taxes are up. even corporate taxes. but what you really also look at, larry, is with the corporate tax rate down so much a lot of the other taxes came in higher, because we had higher growth than we would have had lower poverty, lower to spare, less unemployment benefits all came in. the corporate tax cut paid for itself. this is one of the problems i have with kamala harris is that she doesn't understand this stuff and if she tries to raise that corporate tax rate backup to 21-28% it's going to undo the magic that was done by reagan or by trump's corporate tax cut and frankly it'll lead to a lot worse situation. does she really think organizations and rich people are so dumb as to not know how to shelter their income to not know how to move it offshore? of course they know how to do that. lowering those rates make it taxes are fair and they pay a lot more just like they have always done. larry: by the way, over

$2 trillion of us cash parked overseas came back home. over $2 trillion. >> yes. larry: byron donalds last thought are you going to call mr. trump and make sure he incorporates king dollar and the laffer curve in his speech thursday? you calling him up for us? he'll take your call. he loves you. i know he loves you. >> something tells me i don't need to call him. he's watching all the time but look i think president trump will do a phenomenal job thursday. look out for next week larry this debate will be a big one. i think donald trump will hit a home run because his core signature policy outside of the border was tax policy. the democrats love saying it was tax cuts for the rich and it cost $2 trillion. all that was a high. we actually made more revenue into the federal government from the "rich guy" than under barack

obama's tax policy. that is a fact. it was a great recipe of tax policy for the united states of america. larry: you know what? his speech on thursday before the new york economic club, that is a prelude. it's a bridge, right into that debate. you're 100% right. you two are fabulous. art laffer, common byron donalds we appreciate it ever so much. all right, folks. next up, not such a good story in fact downright awful story. hamas brutally executes an american hostage along with five others, and joe biden is blaming israel? really? we're going to talk about it with two experts robert o'brien and brian hook, two national security experts, o'brien and hook. i'm kudlow. we'll be back. with just one card. chase freedom unlimited. so, if you're off the racking... ...or crab cracking, you're cashbacking. cashback on flapjacks, baby backs,

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larry: terrible story. terrible story. biden-harris administration continues to blame israel after hamas killed six more hostages including an american hostage and they've said nothing about the american hostage and you can see the tear sheet from today's "wall street journal" editorial. hamas murdered six hostages, israel is blamed. they were killed where biden and harris delayed israel's entry

with threats and by withholding weapons it's an incredible story and we have two foreign policy experts we welcome back robert o'brien former trump national security advisor and hostage negotiator, and brian hook, as a former us special representative for iran. gentlemen, welcome. i appreciate it very much. robert o'brien, i'll g begin wih you. just before israel could get there, hamas shot these hostages. they shot an american too. why aren't we doing something? why aren't we talking about this? why aren't we taking aggressive action here with american forces if need be? with seals if need be. how can biden now just linger about futile hamas negotiations holding back israel again and not doing a thing about an american hostage that was shot as well as the other israeli. i do not understand this , robert o'brien. i don't understand it.

>> larry, i don't either, and to this first show i've done since this and i was afraid to go on twitter or tv because i was going to say something. i'm so upset and heartbroken. the first thing i want to do, larry, is just tell the parents who i've gotten to know over several phone calls how much our heart goes out for them and the condolences they have from all of us americans. they are just devastated, a beautiful young man but doing nothing but going to a music festival to enjoy a night like my kids have gone to coachella, his arm was blown off and he survived for almost a total year, a total survivor warrior and we just mourn the loss and listen for rachel and jonathan. there's nothing more you could have done. i've seen parents fight for their kids and nobody has done a better job fighting for their kids than you have and

i'm just so sorry he's not coming home to you but larry, what it says, there's a broader point to be made here. the hamas executed these hostages, it's not just him but the five others great young people. they executed with point blank bullets to the head and they did it knowing hersch has an american and two carrier battle groups off the shore but they knew it was going to be no repercussions for their terrible heinous acts and there be maybe words spoken by karine jean-pierre at the podium but nothing would happen to them and just contrast that to president trump with isis would killed far fewer americans than hamas has killed october 7 until today. we have destroyed every last inch of the physical caliphate and then brought justice in a raid over 1,500 miles behind enemy lines and brought him justice for killing the americans that he killed. none of that's happening today.

under ronald reagan, where he said you can run but you can't hide and we sent f-14s up to intercept the plain trying to wisk these terrorists to freedom. none of that is going on here and it's a shame we've lost total respect and we're losing respect from our allies because instead of going after the bad guys we're complaining about benjamin netanyahu, the elected prime minister of a democratic allie. larry: that's the part. brian hook, i'll just read you from the editorial. the way it looked monday, a day after israel said it recovered the bodies of six hostages they were executed in a gaza tunnel, only a day or two before israel reached them, shot multiple times at close range. now, brian, those are the facts. dreadful facts but those are the facts. brian, i do not understand what this administration's responses are. israel, as far as i can tell, israel has agreed to at least

two of these hamas hostage cease-fire deals. it is hamas that pulls out of this. it is hamas who executed these poor people including the one american. it isn't israel, and the enemy is hamas, so my question to you, brian, is what are we doing? what is this government, this administration doing, or better, what should they do? >> larry i like the way that you assess "the situation." i agree with it completely. i also agree with everything that my friend robert said. the biden administration has lost deterrence in the middle east and president trump when we were in office, had restored the deterrence that was lost under president obama and i feel like this is groundhog day, that the successive democratic administration keep losing deterrence in the middle east and the consequences that americans end up getting killed. it's a consequence of a foreign policy that has not been

successful, and the biden-harris administration seems to have a foreign policy of admiring the problem and then blaming our friends when things go wrong. they need to be blaming hamas. as you said, larry, hamas is the problem. the leader of hamas has not agreed to a number of deals that the israelis have agreed to. i personally don't think there are any terms that be acceptable to hamas, that would also be acceptable to the united states and israel. i think the biden administration needs to start showing a great deal more support for israel and ultimately they have to get after the root of the problem which is iranian regime. larry: let's talk just a moment quickly, the iranian regime. very very important. that's the funding. that's the backbone. you can't play ball with them. i mean, don't we need, we need to enforce the sanctions. we need to stop the oil flows. we need to stop the foreign exchange reserves.

i mean, we need to tell iran with all this hardware you've got a lot of us military hardware now in the region. okay? let me put it there. this poor american was shot. the other five were shot. executed at close range. i mean it's hideous-type stuff with all the american military hardware, brian hook, what should be done? why will not we, united states government, exercise some power and some authority to deal with this? >> it's not enough just to simply have american forces or carriers in the region. the enemy or the adversary also to understand that the president of the united states, the commander-in-chief, has the will to then follow through on the threat and right now, we don't have the credible threat of military deterrence. we had that under president trump. we've lost it under

this administration. it's easy to lose and it's hard to sort of gain back but we certainly can do it if we would simply get the credible threat of military force back on the table and go after the money, all of these terrorists bank at the same address. it's in tehran. larry: robert o'brien i'm going to give you the last word, time is short but there's no point in having all this hardware if we're not going to use it. the israelis took care of the civilians in rafa. vice president harris said she claimed a rafa invasion would doom civilians. i've studied the maps. there's nowhere for those folks to go but they point out israel evacuated in two weeks, they evacuated in gaza. now the point is we have to do something. hamas has attacked the united states again, just like they are attacking israel, robert o'brien. it seems to me every now and then, you got to use force

that's available to you. give you the last word. >> well, brian hook is absolutely right that it leads back to tehran and we had cutoff tehran. they didn't have money to support the hamas terrorist or the hezbollah terrorist under the biden-harris administration. the spigot was open they went from $4 billion in foreign currency reserve which is was almost nothing they could barely keep their budget a live to having $150 billion to spread out among these terrorists and the terrorists struck and i call on your show, remember this , larry just after october 7 i came on. i said we've got exclusive capability to rescue hostages in seal team 6 in delta group. we need to get , israel has great capability but there's a lot of hostages and tunnels to cover and we need our folks forward deployed get those seals and operators just masters at this and why weren't they there a year ago looking for american citizens and hostages and looking for israeli hostages trying to rescue them. that's what the they are trained to do and they wanted to be out there. they wanted to be there looking

for hersh, and we kept them back and that's inexcusable. larry: thank you, gentlemen. two national security experts robert o'brien, brian hook we appreciate it very very much. folks, coming up next kamala harris $5 trillion tax hike, that would kill the economy. it would kill the stock market too. we'll talk about with grover norquist and by the way grover norquist i think saw the movie "reagan." i want to talk to him about how good the movie "reagan" was that beat box office expectations even though the liberals hate it it was terrific, i'm kudlow, we'll be right back. in any business, you ride the line between numbers and people. what's right for the business and what's best for everyone who depends on it. solving today's challenges while creating future opportunities. it takes balance. cla - cpas, consultants, and wealth advisors.

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larry: we're going to go around the table. my first day back, this has been fun. grover norquist founder for americans for tax reform and come on rich lowry, the editor of national review. put it all up there, and we have the great hugh hewitt, with the most listened to radio show in the history of radio shows, hall of fame no question about

it. grover, you saw, i want to start with the movie "reagan." my wife and i went and saw it friday night. rich lowry is on set he said he just saw it this afternoon. i thought it was very good, very accurate, very reagan. grover, the liberal critics hate it. but actually, it's beating everything on the box office. we win, they lose. that was the key. tear down this wall, you take it from there, grover norquist. >> mark joseph, the producer, put together a hollywood quality movie about reagan's story, and it was based on a book about reagan's victory in the cold war both economic and american military. it's a powerful reminder of what serious economic growth and being serious about your enemies

makes all americans safer. larry: that's just great, because i'm speaking to rich and i want to get to you in a minute. i mean, basically, it's the crusader, through this john voygt character of the kgb, but ultimately about his victory against communism but there's one cool scene a cabinet meeting in 1981 and 198s and reagan turns to stockman, and you see this guy and just starts ripping him to pieces. now, i can tell you, as someone that was there, this was historically correct. >> yeah, it's the key part we sometimes forget. he is optimistic and uplifting, but you pushed him on something close to his core. he could pushback hard, and that scene gets to it on economic policy and there's a war within the administration as there usually is and most administrations, but then also, he brought this just adimate time that we were going to win

the cold war. larry: yes. >> and he was willing to negotiate. he was willing to be at the table sometimes and not be at the table others but he's one of the greatest statesmen in american history winning this titanic struggle. larry: hugh hewitt, i don't know if you've seen it. >> i have not yet seen it. this week. larry: we can't ruin it because you already know the story, but there's a great section, how reagan cleaned the communist out of the screen actor's guild. he was president five times. jack warner was helping him along but reagan was relentless. he went to congress. i mean, that's the kind of backbone that we needed to. >> i hope they are showing him this movie, and every time i drive into reagan airport in d.c., i look at the statue of ronald reagan and i thank grover norquist for getting that

statue put up there and i think about his deployment of the parishing tunes and the cruise missiles to europe and a domestic uprising, as serious as we have seen, face down american and european protesters and the first step, and other none was walking out of the door. i can't wait to see the movie but we had house guests so it's mid-week for us. larry: plenty of time. i hope we have something up on the full screen that shows the picture and picture of dennis quaid in a cowboy hat with the logo "reagan." there it is. you get used to dennis quaid as reagan. it's a hard thing to do and my friend john voygt did a great job. now grover norquist you don't need a kgb agent. dividends taxes are going to 44.6% to if you invest in a corporation, they are going to jack up the corporate tax. we'll have a higher corporate tax than china, for heaven sakes, a lot higher and

investors wind up paying about 60% on the so-called earnings of a company. well what's this going to do to the economy, grover norquist? >> well the democrats, biden and kamala harris and the legislators have said they want to take the capital gains tax after 44.6%, add the state capital gains tax and you're at 50 and 60% in some states. the corporate income tax increase, they want to take up to 28% federal, higher than chinas. so we're supposed to compete with china while we're damaged by our own government with higher taxes. add state taxes, the corporate income tax, and pennsylvania. is it 34%? way higher than china. why do that to voters and workers in pennsylvania and in michigan? up to 34% and our friends in wisconsin, 33% tremendous damage. larry: right it's unbelievable and by the way just as a reminder talking about reagan. reagan cut the top tax rate to

28%. okay? he did it in two tranches. 28% and during the course of reagan's boom, from late 82 through 89, early 90 the american economy grew at 5.5% after inflation for all those years. rich lowry, you think the coming debate, i'm switching gears like crazy here. i loved your piece in the new york times. you think the coming debate, trump vs. harris, harris got character problem. you flip flop all around you have a character problem. i think presidential races are always about character, suit ability for the office so yes trump needs to make the policy case against her absolutely but all needs to connect to a deeper case she's weak, she's phony, she doesn't really care. that's what democrats did to mitt romney in 2012. hit him hard on policy but went to the case he's a capitalist out of touch and doesn't care about people so he was disqualified so presidential races are won by disqualifying the other person and trump needs

to be focused on doing to her. larry: hugh lewitt, we broke a little news because mr. trump will speak thursday before the new york economic club. i expect that to be hard-hitting and it bridges to the debate, but feel free. give them some debate advisor some new york economic club advice mr. hewitt. >> let me focus on the debate because i don't know economics the way you do or foreign affairs but i do know how to do debates and what the former president ought to do is nothing when she is speaking. she can not communicate. a great communicator had that gift. not been lucky to work for nixon, reagan, interviewed donald trump a lot of times. each of those men had different skillsets but they were all had a skillset. i don't think vice president harris has the minimum skillset necessary to be president and she will demonstrate that if he simply stands there and lets her

babble for 90 seconds or cut it off and does not rise to any bait, no matter how juicy it look, no matter how much he is tempted. say nothing about her. she can not win on her own speech. in fact i she she's peaked. larry: i agree with you. i agree with you. off the record a lot of us have said that to him and i think he's improved his game. i totally agree. by the way, sorry we don't have the clip again ronald reagan who was a fabulous debater. i will not make my opponents relative youth and inexperience a political issue in this race with walter mondale. the crowd erupted in latter and that was it. thank you ever so much, hugh hewitt and rich lowry and grover norquist, it was all off the cuff. go see "reagan" in a theater near you. coming up next we'll talk about judicial interference with drill

baby drill. permitting reforms a big issue we got andrew wheeler next up on kudlow. go see the reagan movie folks honestly it's well worth it. go see it. ♪ i have type 2 diabetes, but i manage it well. ♪ ♪ jardiance! -it's a little pill with a ♪ ♪ big story to tell. ♪ ♪ i take once-daily jardiance ♪ ♪ at each day's staaart. ♪ ♪ as time went on it was easy to seeee, ♪ ♪ i'm lowering my a1c! ♪ jardiance works twenty-four seven in your body to flush out some sugar. and for adults with type 2 diabetes and known heart disease, jardiance can lower the risk of cardiovascular death, too. serious side effects may include ketoacidosis that may be fatal, dehydration that can lead to sudden worsening of kidney function, and genital yeast or urinary tract infections.

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serious allergic reactions, severe skin reactions that look like eczema, and an increased risk of infections, some fatal, have occurred. tell your doctor if you have an infection or symptoms, had a vaccine or plan to, or if ibd symptoms develop or worsen. still workin' for me. ♪see me.♪ ryan t. writes, "moving is stressful. still workin' for me. can you help me take one thing off of my to do list?” ugh, moving's the worst. with xfinity, you can transfer your internet in just a few taps. just a few easy moves. did somebody say “easy moves”? ♪ ♪ oh no. no, i was talking about moving your internet. this will move the internet. ♪ ♪ ooh, ooh. -let's keep it professional. professional dancers! -ok! stay connected during your move with the best in home wifi. easily transfer your services in the xfinity app. bring on the good stuff. larry: joining me now andrew wheeler great friend former epa administrator. andrew, we're short of time but

the article today, judges say you can't build that. regulations, judicial interference, environmental justice by laws. they are stopping any drilling and fracking. i'm just going to let you go. go, andrew wheeler. >> thank you, larry. great to be on your show again. the important thing today are oil and natural gas productions as high as its ever been and kamala harris and president biden point to that but what they don't explain is that we have the production today because of the leases and the permits done during the trump administration. before you can drill, you have to have a lease, expiration permit, production permit. what they've done is stopped the process at the beginning so it's going to hit our economy in two to three-years because while they are allowing the drilling it's not they allowing the drilling. it's the trump leases and permits that he did when he was president that's giving us the oil and natural gas that we

have today. the permits and the leases they have held up and she may say she doesn't want to ban fracking but you know you go back to president obama when he said, you know, you can mine for coal but we'll put you out of business. it's the same regulatory permitting process. larry: so why are these judges, what the heck do these judges know? the d.c. circuit court, other judges are stopping like they are going to stop the whole gulf of mexico. that's the last point, go. 20 seconds. >> well it goes back to the permitting be form that we did under the trump administration streamlined the permitting reform that was thrown out at the beginning of this administration and now it takes forever to get a permit in place and it's a lot of litigation. larry: andrew wheeler thank you, be right back.

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larry: i hope trump goes big, really big on growth. let's have a growthier speech and liz macdonald is always for growthier. liz: yes, i am. hi a growthy weekend. thank you, larry. appreciate it. let's go with growth. welcome to evening edit. i'm elizabeth macdonald.