they are committed to put a backstop to risk assets by committing all of this money into their system. and so when you look at it, it's been a while since you've been able to even look at china and other emerging markets, at least for us in our portfolio, construction. but we're not going to fight this liquidity. it's a real thing, and it's going to flow here domestically. we have our fed doing the same thing with no recession, and it's a perfect storm for a goldilocks scenario for global markets. and i think postelection, once we get that behind us, it will be off to the races for risk assets. liz: eddie, thank you. eddie's also a fan of nvidia and meta. he's been beginning -- bringing in a lot of those shares over several years. drop the confetti, history on wall street. the dow and the s&p, well, wait a minute, the s&p looks the close at a record, the dow, let's call it too close. ♪ ♪ larry: hello, folks, welcome do

"kudlow," i'm larry kudlow. president trump on the ground in georgia helping recovery efforts after a hurricane helene. where's joe biden? where east kamala harris? madison alworth, however, is right here on the story. what you got? >> reporter: when it comes to hurricane helene, larry, we are still trying to understand the extent of the devastation. at this point, over 120 people have passed away, and hundreds more are still unis thed for. some -- unaccounted for. some americans also feeling like president biden and vice president harris have largely been missing in the response efforts following this deadly storm. biden vowing to to change that. >> also want you to know i'm committed to traveling to the impacted areas as soon as possible, but i've been told that'd it'd be disruptive if i did it right now. i expect to be there, excuse me, i have a cold, i expect to be there later this week. >> reporter: so while the storm was hitting, president biden was at the beach in delaware, and vice president

harris was in california wooing donors, tweeting out on sunday that her thoughts were with those who lost loved ones and property during the disaster. but people slammed her for that response saying it came too late and also wondering why she hasn't made plans to visit the impacts areas. impacted areas. former president trump though, he did exactly that, visiting georgia today, and he had this to say about the federal response -- >> the people on the ground are doing the best they can in every challenging circumstances. we do need some help from the federal government. they have to get together, ideally with the governor. the governor needs to -- he's been trying to get them, and i'm sure they're going to come through. but he's been calling the president, hand been able to get him. >> reporter: now, trump was referring to governor kemp. the white house has disputed that claim. they say that president biden spoke with georgia governor kemp on sunday along with north carolina governor roy cooper. now, responding to americans in need should not be political,

but there is no mistaking that these two states will be crucial in this year's election. georgia and north carolina are suffering immensely right now, and they need help. come november if though they will also be voting. larry? louisiana yep, sure will. madison alworth, thanks ever so much. all right. in just a moment we're going to pick up the hurricane helene story and the failure of joe biden and kamala harris to act decisively on site as a mr. trump has. we're going to talk about it with kellyanne conway who will be right here on set. but before we get to that, i want to briefly weigh in how prime minister ben min netanyahu can -- benjamin netanyahu is trying his best the teach joe biden and kamala harris why appeasement never works. and that's the subject of tonight's riff. ♪ ♪ larry: so is last friday prime minister netanyahu blasted the u.n. as a swamp of anti-semitic bile and a contemptuous farce. then he promptly sent the id the

f forces to bomb hezbollah's headquarters, a move that took out longtime hezbollah killer hassan nasrallah as well as other terrorist commandos. today israel has launched raids into southern lebanon to clean out hezbollah and maybe allow 60,000 displaced israelis to return to their homes in the north. it shows how actions speak louder than words, that words can be a warning, but effective actions constitute deterrence. mere words like deescalation and ceasefire almost always make the situation worse. now, joe biden commend if by called nasrallah's death a measure of justice, but then he relapsed into yet another call for some kind of negotiated ceasefire. believe it or not, using the anti-semitic u.n. as a vehicle. that would be a terrible mistake. israel is trying to teach a deterrence lesson to mr. biden

and ms. harris, as the "wall street journal" editorial so aptly wrote today. unfortunately, they are not listening judging by this exchange. take a listen. >> israel may now be launching a limited operation into lebanon. are you aware of that? are you comfortable with their -- >> i'm more aware than you might know, and i'm comfortable with them stopping. we should have a ceasefire now. larry: there he goes again. we should have a ceasefire now. there he goes again. let israel handle it, is what i say. let israel handle it. stop putting the cuffs on israel. actually, watch how effective israeli counterterrorist and military operations have been. recall the pagers and the walkie-talkies. recall the use of bunker-busters. recall that neither hezbollah nor hamas can ever be trusted when it comes to ceasefires or hostage negotiations. never trusted. and consider the impact on iran. hamas is evil, hezbollah evil,

iran's the mother of all evil. recall that donald trump took out the iranian terrorist congressman if doe soleimani if -- congressman if doe, and the isis commander, al-baghdadi, and trump's classic phrase, quote, we have your cell phone number and home address, allegedly said to the taliban mullahs in afghanistan. rest assured that israel has the cell phone number and the home address of the top iranian ayatollahs and will not hesitate to act if conditions warrant. let me repeat this very simple idea, appeasement always fails. and the biden-harris lexicon equals appeasement. it has failed everywhere. that's why the world is on fire right now from afghanistan to ukraine, to the middle east. appeasing iran by loosening the sanctions gave them the resources to finance the israeli wars. that also was appease. and -- appeasement.

and look where it got us. meanwhile, our enemies -- russia, china, iran, north korea, the so-called axis of evil -- always exploit if american appeasement. and the quarters of power in washington, d.c. the phrase peace through strength is frequently tossed aren't. -- around. right now we have neither peace, nor strength. unfortunately -- no, fortunately, in the corridors of power between jerusalem and tel aviv, we have brave freedom fighters, and they are trying to teach a lesson to the u.s. and that's tonight's riff. now, we will return to all this with with senator roajer wicker -- roger wicker in just a moment. but first up, join me now, great, great pleasure, dear friend kellyanne conway, former counselor to president trump, host of here's the deal with kellyanne on fox nation. and you just interviewed president trump. >> i did. we sat together for almost an hour today, larry.

the very first question i asked president trump in our face the face interview was about israel, hamas and iran. and we went through, as you just did, very quickly the two administrations and their policies towards iran, and i think there's a certain melancholy and resolve with president trump that he does think october 7th wouldn't have happened if he had been president, ukraine would not have been invaded. and he feels my words now more through weakness versus -- war through weakness versus peace through strength. the biden administration looked the other way. trump, of course, imposed and enforced sanctions, took us out of that crazy nuclear deal, and now iran's on the march. he ls made a good point in our interview today. president trump said that israes way, and they need to finish what they've started here. we also talked about the economy, school choice, we had a very lengthy conversation about the border, in fact, a couple times, and he said a couple

things i thought were new. one is he said the damage has been done. you see the disapproval ratings on the economy, on the direction of the nation, on the israel-a hamas war, of course on border security and migration. and he is putting that at harris' feet and basically saying the damage is done. he wants to undo that damage, but he's the changemaker, she's the incumbent regardless of what she says. i also liked the way he approached her as his political opponent. he was talking about where he sees her incompetence, her failure to do the job rather than these personal attacks, really an attack on her incompetence and her inability to have produced as vice president. larry: failure to do the job, he's down south looking after hurricane helene -- >> yes. larry: right? he's trying to bring in private volunteers and all kinds of people. he's also getting briefed by fema. where's harris? where's biden? why aren't they -- why aren't they on site? i mean, they say they're getting

briefed. harris went 20 minutes from the border in arizona to a hollywood fundraiser. why hasn't she gone straight to georgia or north carolina or some darn thing? trump is acting like the president. >> i watched him do to this in 20161 after i became campaign manager. i told him governor pence is going to the flood and hillary clinton had some fundraiser in swing states, man opportunity or aspen, and trump said i want to go too, and they went together. you saw this when he was in the white house. look what he did in east palestine, ohio, the first on the ground long before anybody from this administration including the secretary of transportation, pete buttigieg, whose job it was to be there. he shows compassion, he shows that people want to be the heard, they want to be seen, they want immediate relief. and for president trump to show up there in georgia today was incredibly important. i was with him right before he flew to georgia. also he said something else today to. he said after the folks get what

they need in this moment, the food, the water, the shelter, the help,, they've lost their memories, their property, and he wants to maybe sure that they have access to voting. he wants to make sure so close to election day that the people of north carolina, georgia, kentucky, florida, everybody that's been affected -- larry: he also asked everyone to join him in prayer, and i'm a softie for that. >> absolutely. larry: franklin graham and so forth. america needs more of that, not less, okay? a certain vice presidential person running for president won't show up -- >> she sends her thought, never her prayers. [laughter] larry: i mean, she won't show up here for the al a smith dinner which raises money for catholic charities. again, a lot of people think, myself included, she has an anti-catholic, anti-christian, one might say anti-religious, anti-god bearing. and if she doesn't, okay, if she doesn't, then the left wing of her party does, and that left wing is the tail that wags the the whole dog. >> i think it's part of why

they're losing hispanics. obviously, economic prosperity, it's obviously the border, obviously all that loss learning and what these parents, you know, hispanics are the youngest of the four major races in this country, and they have school-aged children, so they heard firsthand what was being taught in these schools during the pandemic. but i think the untold story is obviously the positions on life and the position on religion. we have a lot of people out there in the democratic party now won't even -- don't want god mentioned, don't want us to start with a prayer. they're always sending their thoughts, never their prayers. a lot of church-going populations in this country feel that you are either hostile to their religious expression, you're going to pay for it. and it's donald trump five years ago during, on the general assembly who led the first of its kinds religious liberty special session. and it was amazing. it was all religions across the country represented there. larry: so i got numbers.

let's see. hillary won the hispanic vote by 39 points. joe biden won it by 31 points in 2020. right now kamala's winning by only 12. >> yep. according to nbc polls. larry: and one more. i want to go to unions, organized labor. bill clinton won organized labor by 30 points. joe biden by 19 points. kamala only 99, okay? -- 9. the leadership of some of these unions may say they're for kamala, but the rank and file's going for trump. >> and that's why the teamsters could not endorse her, first non-endorsement of a democrat in decades in part because when you look at the polling, the rank and file support trump. he says that. i'm going to give you four group, larry, very quickly, and i said this to president trumped today, hispanic-americans, black americans, union rank and file households, young people. donald trump does not need to get 50% of any of those groups,

let alone all of them, to be the next president. he just needs to do better than your typical republican and better than he's done before. and right now kamala harris is underperforming joe biden, of all people, among young people. she's underperforming on hispanics, african-americans, particularly males, and she's underperforming among union households. this is the key, and i it's a big key to pennsylvania. he was known as scranton joe, he'd been around a long time, he's catholic, big catholic population there. she's vehemently against fracking, vehemently against energy production, doesn't spend a lot of time there talking to the labor unions the way he did. and for president trump to go to erie county, pennsylvania, yesterday which went obama-obama-trump-biden, i think it's incredibly smart and strategic where they send him and when. he's working his heart out, and he's doing what he did in 2016, which is go where the people are. sure is, it's a national audience, but you're doing that local tv, print and radio interview before and after, and

people see that in that county for the entire week. larry: last one, 30 seconds, j.d. vance versus tim walz -- >> can't wait. larry: what do you think? give us one pearl. >> walz will wipe the floor clean -- excuse me, vance will wipe the the floor clean with walz. yale law school, attorney, versus a clown, the walz people are trying to lore expectations by saying he's really nervous, he doesn't want do disappoint kamala. i think both of them are going to have to defend they are principles -- principals, and principles. there's a huge contrast between the two parties now on taxes, on education, on foreign policy, on the border, on local crime. walz has been a left of center governor. he was a seventh most bipartisan member in the house of representatives when he represented a rural minnesota district -- larry: is minnesota in play?

somebody told me it is -- >> if it is, we're learning -- here's what i predict -- larry: new mexico's in play. >> why not? it's all in play. [laughter] larry, i said to president trump today, i know you, and i think after you watched 90 minutes of that vice presidential debate, you're going to say, when's my next time? i know you said no, but how in the world are you going to let the vice presidential debate be the last word of the presidential debate -- larry: kellyanne conway -- did i promo your trump thing? was that a good -- >> you did. check it out on fox nation, ab hour long -- larry: when's hit -- it going to play? >> right now, during your show. larry: wait until after the show's over, then go to kellyanne on fox nation. coming up on "kudlow," will kamala harris' economic policies lead to a depression? some very rational people are saying that. and by the way, what about this looming port strike tonight which could cripple the economy and, again, neither biden nor

harris is anywhere to be found. however, we found scott bess ant and liz peek. they'll be here right on set. and remember, folks, please, catch "kudlow" monday through friday, 4 p.m. right here on fact fabulous fox business. and if for some reason you can't get us at four, just, please, text your favorite 9-year-old, and she will show you how to dvr the show, and you will never miss a e kellyanne interview ever again, i promise. [laughter] ♪ ♪ [coughing]

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larry: all right, thousands and thousands of port workers set to strike midnight, east coast right through the gulf of mexico. our own grady trimble live in baltimore with all the latest. grady, what's cooking? this is a bad story. >> reporter: well, it could be, larry. both the union and the employer group representing the ports and port if operators, they've been exchanging offers, but it still appears both sides are far apart x that increases the likelihood that a strike could happen in less than eight hours' time, and it could be massive and costly. jpmorgan with an estimate that suggests a walkout could cost the economy up to $4.5 billion for each day it lasts. anderson economic group has a more conservative effort --

estimate, they say a weeklong strike would cost $22.11 -- 22.1 billion -- 2.1 billion. several industry groups have been critical of the biden-harris administration if for not doing more. just today the u.s. chamber of commerce out calling on president biden to invoke the taft-hartley act to force workers to stay on the job while negotiations continue. new york governor kathy hochul says the impact could be significant, but she's downplaying the political consequences. >> election is in a matter of weeks. i don't want anticipate -- i don't anticipate that people have a sense that this is disrupting their lives, so i have an incredible team that'll make sure this does not bleed over into people's lives and therefore, i do not believe, will have a political impact either. >> reporter: but if this is a

prolonged strike, and we don't know yet, it could impact everything from auto parts to the fresh fruits and vegetables to pharmaceuticals, larry. basically, anything that's imported could be impacted, and the real concern is that it could lead to shortages and higher prices just as inflation if is cooling. larry? larry: all right, grady trimble. for more, let's bring if in our two guests, scott bessent, adviser to president trump, liz peek, syndicated columnist, fox news contributor. liz, i was trying to focus on governor hochul, it's not going to be a personal thing, it's not going to be a political thing. first of all, it hasn't happened yet. i don't know whether she can figure that out or not -- [laughter] is and second of all, if it does happen, mierntion it depends. if it lasts a week, more, supply chains are going to cut i off, food's going to be a problem here in new york city. retailers are going to miss thanksgiving because they've not going to have stuff -- what was she talking about? >> well, yeah. i mean, obviously, we don't know

the impact because it hasn't happened yet, but really the problem here, larry, is for small businesses because big businesses, big corporations have been front loading ordering and stockpiling materials for weeks knowing that this might happen. it's small businesses who don't have the wherewithal to do that who are going to be completely crushed by this. i think it's appalling that the white house has this hands-off attitude. the union is asking -- which, by the way, it's very hard to find these numbers because i think people are aware it's so unpopular -- a 77% pay hike over 6 years, that's a pretty stunning number. by the way, that is why they are very far apart because at this point the employers are about 40%. liz: wilbur ross was on liz claman's show just before, and he said four times the inflation if rate. >> it's ridiculous. liz: larry: whatever the right number, scott bessent, coming on the heels of this hurricane helene which, among other

things, this is a matter of life and death, people are getting killed, but among other things, supply chains are being cut off in places like north carolina and maybe georgia, maybe elsewhere. you would think, i would think, one would think that mr. biden and/or ms. harris would want to get get involved here. trump's down there organizing private voluntary help left and right which is terrific, and they're nowhere to be found. i don't get it. >> well, larry, if we go back to ronald reagan years and when you were in the administration and personnel is policy. and there is no no no personnel. biden has been missing in action, vice president harris is out on the campaign trail, and joe biden's cabinet had their first cabinet meeting in 11 months. it's a very weak cabinet. the transportation secretary buttigieg was campaigning on martha -- on cape cod with kamala harris the day of one of the worst air traffic control

problems in the history of the united states. so we need to -- it's a serious time. these are not serious people. they need to get serious for the american people because this is going to result, as you said, in some kind of privation, thanksgiving problems, maybe even bleed into christmas. larry: it could. mean, it depends how long it goes, i understand that. ila's a tough union. the ila let down a lot of people. remember, go back to the pandemic and we tried to close the supply chains and we wanted to be seeing people working in the unions in the los angeles/long beach ports and they wouldn't. >> yeah. larry: they didn't want to work overtime, and we found out they didn't want to work on the weekends whereas their brothers and sisters here on the east coast in baltimore and new york did a better job. i'm just saying it's a bit of a crap shoot, but it could go on for quite some time. i would want to see -- i would think ms. harris would jump at

this opportunity. instead, donald trump is the acting president. all right. we've talked about a lot of things with their policies. steve forbes, rational guy, right? common sense guy. scott, you're especially going to like this. here's steve forbes on this show last friday evening. take a listen. >> what she has out there, you put a fraction of that in, you're not just going to have a recession, you're going to have a depression. larry: we had a conversation about that. scott, you've made the same point, talking about all her various tax increases. particularly the unrealized capital gains tax on wealth. but not only that. howard lutnick, i don't think he's actually said depression, i could be right or wrong, i'm not going to pin it on him, but he has said it would do great damage to the economy because there are stock market taxes in there as well asbelt tax. now, scott, you've said the the same thing. what you thinking? >> larry, i am thinking that we

are in a a fragiling position here. we've had asset inflation and housing market and equity markets, and if we hit an economic speed bump, which is very likely under a harris administration, look, the biden-harris plan, they've been growing debt faster than the economy's been growing. and, you know, we've got a 7 budget deficit.. -- 7%. if we hit a speed bump here, no a gas in the tank. we can't spend any more than we are now. the automatic stabilizers, they've been using the automatic stabilizers for four years to get to the election. so i'm quite worried here. and if you were to to put in the biggest tax increase in history if the tax cuts and job act is not renewed, that would really cause a downward shift in the economy, and, you know, i can't even tell you, i have seen crazy tax proposals this in countries around the world over the years, but this tax on unrealized

capital gains, i have never seen anything this crazy. it is the doom'ssday -- doomsday machine. larry: entrepreneur, people who succeed in building small business, if they have to pay an unrealized capital gain, then you will -- they'll have to sell to raise the cash, and that will drive down prices, but they'll have to then keep on selling to raise more cash. they're selling into a bear market. i mean, it could -- i'm not, i don't believe -- i don't want to be extravagant, i don't want to be hyperbolic about these things, but i don't think they see it for the risk thats. they just see it -- thats. they just see it as the rich should pay their fair share a. >> it keeps showing up in every single proposal that they come up with, so they're clearly pretty intent on doing this. and when they talk about the rich not paying their fair share, larry, what they're talking about is using those numbers of unrealized capital gains and hooking at the taxes

not being paid on that. they say warren buffett ha lower tax rate a than his secretary, that's what they're talking about. in other words, it's becoming part of their analysis and part of their conversation in an incredibly worrisome way. look, there's a reason right now markets are factoring in another 50 basis point cut from the federal reserve. that's because people, to your point, scott, think it's really a fragile situation right now. so having a dock strike could be a a really devastating thing. obviously, any huge increase, ash a $5 trillion tax increase, yeah, devastating. larry: if anybody ever looks at the numbers, i just want to note this, the top earners in the economy pay just south of 50% of the income tax. the number, i think, is 44 or 45%. if now, that's got to be their fair share. they're paying half of federal revenues. that's got to be a fair share. and if you're lucky enough to live in new york, well, let's not go there.

[laughter] scott bessent and liz peek -- >> then you have kathy hochul as your governor. [laughter] larry: she doesn't think it's going to be a political problem. who knows? very astute. coming up on "kudlow," israel teaching biden-harris why appeasement always fails. we'll talk about it with mississippi senator roger wicker, top republican on the senate armed services committee, when "kudlow" returns. ♪ when the sawdust settles and the engine roars the thing you care about is a job well done. but when you get your tools from harbor freight something about the job feels different - your wallet. whatever you do, do it for less, at harbor freight. ♪

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larry: all right. one of our themes for the show, appeasement never works. israel trying to teach that to mr. biden and ms. harris but, unfortunately, not yet. anyway, for much more, let's bring in mississippi senator roger wicker who's the ranking republican on the house armed services committee. senator wicker, as always, sir, thank you for helping us out. i'm going to say that what israel has done taking out nasrallah, taking -- going to, essentially, regoing to war

against hezbollah, trying to help their people get back into the northern part of israel, i mean, that's action. that's not appeasement, that's actual deterrence. and i'm guessing that iran is listening, sir. i wanted to get your take on it because you're in such a senior foreign policy decision, and this is going to carry over administrations no matter who wins. what are you thinking, senator ricker -- wicer? -- senator wicker. even to this day joe biden's still talking about ceasefires and appeasement. what you think, sir? >> well, it's not only deterrence, but it's the winning. that's what israel is going to have to do. they deserve our support, and they deserve our congratulations. absolutely. there are three terrorist groups that are absolutely run by the iranian regime, and they have no goal whatever except one, and that is the destruction of the

jewish state and the elimination of israel from the face of the earth. and for israel to be from the river to the sea, a completely palestinian state. and so it is absolutely correct for netanyahu to try to eliminate these groups, particularly now almost a year after this brutal attack which killed civilians and did all sorts of unspeak if,, -- unspeakable, even unwatchable acts. it is absolutely appropriate not only as a matter of deterrence, but to actually weed out every extremist from these three groups, hezbollah, the houthis can and is a hamas. larry: i mean, you know, this -- the biden-harris administration if has a word, as you well know.

it's called deescalation. and i keep saying that's a badly-formed sin numb -- synonym for apiecement. that's all it is -- appeasement. their answer to almost everything is deescalation, ceasefires and bring the hostages home. and it has not yielded anything. it's -- israel has won what it has taken up on its own, most recently the bombing of the hezbollah headquarters and killing the murderer, nasrallah. i mean, deescalation, what does that mean, senator? doesn't mean a thing to me. deescalation means appeasement. i'm glad the israelis, i'm glad they're ignoring it. i mean, i think they're going te world will eventually thank israel for what t doing. >> and americans will thank them, and we ought to be thanking them right now. and that really should be the message that's coming from the secretary of defense expect national security or adviser and on up to the white house, absolutely. they are doing us a favor.

this nasrallah fellow if had killed hundreds of americans, and he'd been allowed to stay in existence and run his murderous efforts on behalf of the ayatollah in iran for years and and even decades. and, absolutely, netanyahu has done us a favor. they've done the iranian people a favor. the citizens of iran deserve better than this. and i'll tell you what else, i am pretty sure that the arab a neighbors of israel and iran are applauding this behind their own closed doors because they've got nothing for this iranian regime and their proxies. the arab nation under president trump were just about a to announce that they were ready to join the 2 21st century and end

the repression type islamic shiite rule that iran has been foist off on the rest of the world -- foisting off on the rest of the world. and we welcome that. so really to the extent that we're -- that our weapons and our efforts are helping our ally israel, our longtime, decades-long ally israel eliminate three terrorist groups who have nothing but murder on their minds, they're doing a favor to everybody. larry: as you recall, i'm sure, senator, 40 years ago was this guy, nasrallah, was one of the leading planner s of the marine barracks bombing which killed all together close to 300 americans. we've never gotten even for that until just now. but with your other point, you know, i think the gulf state arabs, i think that's a

wonderful point. i think they're secretly rooting for israel, they're very happy with israel. and e guess the question, i mean, they would have added to the abraham accords if they'd been given a chance in a second trump term, i think that's a reasonably good assumption. israel is threatening iran, israel is threatening the ayatollahs in iran. i don't know, israel needs to do that. you know, trump famously said to the taliban in afghanistan a i've got your cell phone and your home address. i mean, that's the kind of language that these terrorists understand. that's the only thing they seem to understand. they don't understand deescalation. joe biden says he wants to make a peace a deal using the u.n.? really? that's utter insanity. anyway, i mean, israel is trying to teach us here, our current government, how we should be behaves -- behaving, but it doesn't look like they're listening. >> well, i totally agree with you, and i know you're astonished, larry, that i would agree with you on anything, except i agree with you on

almost everything you say. larry: thank you, sir. >> absolutely. they're doing us a favor, and they're doing the world a favor. and there is nothing to be said on any side of the equation about about terrorist groups who want only to dell people. and when -- to the kill people. and when the houthis are shooting at american ships, that is the equivalent of an iranian proxy attacking the united states of america. and we might as well admit that and realize that we are the great satan, and and their goal is to eliminate israel and come after as. larry: yes, sir. senator roger wicker, thank you, sir. thanks for your wisdom. we appreciate it very much. >> thank you, larry. anytime. larry: all right, folks, switching gears, going back to the horrible hurricane helene. massive parts of georgia and the carolinas are still without electricity. joining us now, georgia congressman buddy carter. congressman, thank you for your time. i'm sure you're busy.

there have been reports that 80% of this hurricane zone is still in a blackout mode. elon musk is trying to help with some kind of satellite, starlink power. what can you tell us about that? because apart from food and water, the lack of communication's just got to be a killer. >> it is a killer, larry. i tell you, we've never seen devastation like this before. i'm from georgia, from south georgia, and i've been through many hurricanes. i will tell you, this is one of the worst i've ever seen. even georgia power, one of our energy providers, has said they've never seen anything like this at all. over 5,000 poles down, over 425 miles of wire down. all of that has led to lack of electricity that people have been out, without days of electricity. our communications have been, have been compromised because we can't get cell coverage. so this is really a problem for a lot of people. and we can only imagine what the effect's going to be on our agriculture. remember, agriculture's the

number one industry in the state of georgia. and now is the time for harvest for our peanuts, pecans, blueberries. all of that's going to be impacted by this. larry: i know president trump is down there, and he's been briefed by the fema people, and he's been trying to pull together a number of private groups and charities and others who will help out. i mean, i would think -- i don't know why mr. biden is not there. i don't know why ms. harris is not there. we talked about that earlier in the show. i think it's a huge mistake. whatever it is, trump is down there. you all are down there. everyone's trying to pitch in. the role of private charity, i think, is very important. the role of private helping here is very important, is it not? >> it is very important, larry, and we certainly appreciate president trump being down here. we appreciate all of the organizes that have offered help down -- organizations that have offered help and have given help. and i will tell you, our emergency personnel, they've done an outstanding job on little rest. they've been working tirelessly.

and i would add also that we lost one of our firefighters, leon davis, from pierce county who was out trying to save people, trying to help, and his -- a tree fell on his truck and killed him. our thoughts and prayers are with he and his family. larry: any estimates of when the power's going to be turned back on? does anybody have any sense at all in. >> well, we made some gains. we've got some power back. but i'm telling you, it's still going to be days for people to get power. and, you know, it really is a problem because of the, you know, we could be looking at another hurricane that's brewing right now in the gulf that may be coming up. and if that happens, i can only imagine the devastation. larry: international longshoremen may go on strike. i know georgia's got some important seaport if areas. coming on the heels of this dreadful hurricane, this can't be a good thing. and and i think, i believe in private collective bargaining and so forth, but i don't know

why the white house count want to get involved. you can't take a strike right now. you can't take more supply shocks and shortages right now. give you the last word, mr. buddy carter. >> yes. look, the georgia ports are the economic engine of our area, and that would disrupt the supply chain even more than it's already been disrupted by this hurricane. so if this does go through, if it happens, then i tell you, we've got one fine mess down here, and i't hearing anything out of the white house about this. larry: all right. we'll leave it there. congressman buddy carter of georgia, thank you, sir. we appreciate it very, very much. all right, folks, coming up, what does a 15 corporate tax rate mean for american jobs, american competitiveness? we're going to ask! supply-sider art laffer who's going to the tell us about the laugher curve and a 15% corporate tax rate. i'm kudlow, we'll be right back.

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wouldn't it be easier if you could find what you want, all in one place? my favorites. get xfinity streamsaver with netflix, apple tv+, and peacock included, for only $15 a month. larry: all right, joining me now, dear friend and mentor, art laffer, co-author of the trump economic miracle with steve moore. shows you -- suppose you got a corporate tax decrease and 100 bonus depreciation expensing for

machinery and equipment, all right? what would that do for the economy? if you invented this supply-side laffer curve. what would that do, in your judgment? >> i think that would lead to an increase in revenues for the u.s., and that wouldn't take very long. i think it'll do a huge jump-start in the economy. s i i think it'd be fantastic. you know, if you'll remember, larry, it was kevin hassett's research that was so good with regard to the corporate tafntle real wages would rise substantially above where they were before, and we'd have -- it's t really a super-engine of growth and prosperity x. then if we could reform our taxing value added rather than corporate profits, it would be even better. but that would be a huge jump-start to the economy. larry: i'm going to guess we would be ultra-competitive the. the i mean, even at 2221% we're -- 211% we're kind of in the middle. you drop down to saw saw % and -- 15% and you get rid of some of these bells and whistles

like letting the e. e.u. determine our tax rate, i mean, i think we'd win the race for capital and for investment. >> i told you, we would win it totally, and we should be in competition. governments should compete with each other for getting capital and profits, getting jobs, getting output, getting prosperity, basically, and we would become very competitive in that regard. and i'm just dying to see it happen. larry: so money flocking in here plus manufacturing awakening and other industries too, technology and so forth would all a benefit. >> yes. march a hr. this thing would pay for itself, okay? that's where i'm going. >> totally. totally. the last one paid for itself in spades, larry. the increase in revenues, federal government revenues, the increase over the 22-year perior was bigger than the prior 2-year period. it was a huge boon to revenues, and now even the corporate taxes are coming in higher than before. larry: yes, indeed. cbo, be ashamed.

art laffer, be proud. thanks very much for helping out. folks, i'll be right back with my last word. use it actively shields the enamel to defend against erosion and cavities. i think that this product is a gamechanger for my patients. try pronamel mouthwash.

>> c1 you may not realize right now but i will say this, three people, all around the world, they will thank you so real, for destroying terrorism, lease, they will all be grateful for it, one of these days printed other when i will just pass the baton over to tammy bruce over

for