dagen: and daget, the longshoreman union boss was upset about easy pass. so. so much for automation there. but, the question is, this inflation, that we have suffered under. that is cost of living crisis was created by joe biden and kamala harris. and there is more inflation on the way now what happens with the boeing machinists, transportation department has a lot of leverage over booing it has to certify its planes. >> jason chaffetz port thank you. >> all right. >> thank you for sticking with us for breaks news on port strike, which has now ended we hand it over to a reair of kudlow.

>> hello, folks. welcome to kudlow, i 'm larry kudlow, crazy thing in an election year. senator mikel lee will lead us up but first blame little bit. >> so no one likes to disrubtive strikes, people some blame biden rather than dockworkers. jack kemp taught me this lesson, over 40 years ago labor strikes breaking out in 1970s and business always blamed labor for asking for too much. but kemp argued that inflation was real cause of labor revolt.

same l lesson should apply today. that includes longshoremen. breitbart john carney calculated that maximum 39 dollar wage for dockworkers, from original plan, now worth 30. 70. and 2018 dollars when last contract of the negotiated. starting wage, is the same at 15 .75, now big deal. real wages dropped. as cost of living has skyrocketed. i know for all could lobbies and some conservative editorial pains to beat up on the ila they should becaming fire at

biden-harris n nasdaq anonymous policies not -- inflation knoll sees not the workers. and kamala harris was deciding vote on the policies. layered to two trillion of new regulations, high inflation, their war against fossil fuels doubled energy prices that too huge inflation aary impact, longshoremen asking for compensation for biden-harris inflation, like somei insurance against future inflation they are asking for $5 an hour increase for next 6 years. you should give the workers some assurances, that we're not spending another 6 to 7 trillion on unnecessary domestic programs, that we'll open up the fossil fuel spigots that we'll roll

back commerce and regulations, that we'l we'll -- cut taxes, wait. that is the economic platform that mr. donald trump is running on, but kamala harris running a different sift set of policies advocated two trillion in extra spending with massive tax hikes, price controls rent controls, and continued war on fossil fu fuel. if you are a longshoreman negotiating, who and what do you trust over next 6 years? they are trying protect themselve against worse case. moral of story, american work sp force deserves a solid hike in wages, they are trying to make a very important point, if somebody would l just listen.

now we'll have fun, joining us. out senator mike lee. welcome to the show. maybe you don't agree with me. don't like bad strikes. prices have gone up faster than wages, you know that. and affected longshoremen, and every working family here. and there is a revolt, i don't feel like blaming the longshoremen. >> that is very fair point. they are experiencing what so many other americans are, impact of excessive federal spending and federal regulation produce inflation. every dollar, that everyone makes, buys less of what they need. as a result people look to other things to do to makins

meet. and -- make ends meet, and longshoremen are using tools available. i hope they get it resolved as soon as possible, it should not be a surprise to biden-harris administration which caused this problem. jim: >> you know, i agree with points. almost a knee-jerk react, business flames labor, i don't know if you met by friend mentor late jack kemp. jack -- >> i have. >> always a great experience. loved america. mr. growth, mr. supply side. and way, he used to say, stop blaming labor to republicans, say bring labor to the republican party. not dissimilar to what mr. trump is trying to do to bring working folks in to republican party at polls, labor did not destroy the value of the dollar and

money supply, labor did not raise taxes or cause the inflation that was done by the government. blame the government, blame the democrats who are running that government, in 70 its of both republicans and democrats. who are inflationary. blame inflation. not the workforce, they are trying to survive. you know. i think that is an apt point today, you see in labor unrest break out in a bunch of places, i don't know if is because they are mean or workforce hates america. i think they are trying is -- to survive, they can't when prices raise faster than wages. >> you are right, whether you are worried about the long sho longshoreman's strike, lay the blame aproip y appropriately, if you part of -- you get more of the same policies with harris

and walz. >> senator. donald trump is speaking out in saginaw, michigan. he is speaking right now. we have some interesting tape. here it comes. >> we can soon have soaring income, skyrocketing wealth, millions of new jobs at a booming middle class. we can live in cities and towns that are safe if clean. and borders that are sealed and secure, that would be nice. and america could again be strong and confident and free. >> he -- we're done, he talking about a new golden age, make america great gain we're launching a new golden age for america. i know those you know people say, they of campaign promises. it is doable, one thing, we have talked about this down through the years, why

should we accept 2% growth, that is what federal reserve, actually 1.8, why not back to 3% or 4% growth. we had for the whatever 75 years after world war ii, i think about 75 years, why can't we grow the economy faster and better real wages, what is wrong with those goals. >> biggest single impediment is the federal government, excessive taxation and regulation. is what is throttling economic growth, studies that try to examine what would happen if we could strip away a large part of federal regulatory overlay, we have about a hundred thousand pages of law every year. those overtime build up they cost many estimate, costing economy 3 to 4 t trillion right now roughly same neighborhood of personal income tax. you don't see the bill where

higher prices you pay on everything because of increase regulation, if we did, we would see increase economy growth, far above 2%. that the federal reserve aspires to, i think we'll see 4%. sometimes more. but as it stands this serves as regulator, not in a good way, something that depresses the upside. of the potential for economic growth. >> ra reagan said, 9 scariest words in english language, i'm hear from the government, i'm here to help you. the more things change the more they are the same. i have been doing this a long time, i should be tired but i'm not, i worked for reagan over 40 years -- i'm still cooking. i worked with euyou in trump administration. it still a problem blame government. don't blame the longshoremen, i guess i should say that and the people that run the

government. for heaven's sakes. >> it is what you goat point where people in government who are responsible for making good law, under article one of constitution only people who can make federal law are members of congress. we have been making a hundred thousand pages of new law a year without congress weighing in that is wrong. the act would fix that. >> a rail important point. supreme court is encouraging this and ending chevron deference and epa versus west virginia, you are right. sincsenator lee we hear kamala harris and governor tim walz, they are saying if we get democratic congress and senate in particular, 51 votes could end the

filibuster. they say end the filibuster to reinstate roe v. wade. focus on that. they don't want to reinstate roe v. wade. they want to reinstate a ca draconian position that allow abortions and eighth and 9th month and par partial-birth abortion, they are aiminga kill the filibuster not just for abortion question but to pack the supreme court, it is katie bar the door today their liberal left policy, you are a scholar and expert, constitutional expert on this, you have been talking about it for years, what do you make of the democratic ends of filibusters? >> when they threaten to end filibuster we should believe them, we should be scared to death and understand this is

about maintaining perpetual indefinite democratic hegemony. likes that we've never seen. one political party in mexico, pi party dominated almost 20 years, that is what they want, they will be able to do that if they get majority in house, keep majority in senate and maintain white house. filibuster and dcand puerto rico as states and pack the supreme court. and once you do, that a one way street toward politicizing the court, i felt so strongly about this two years ago, i y wrote a book, called saving 9. it is -- once it is done. it changes fundamentally what the court would function like this would be a litt poli

lita -- political body. to maintain democratic dom con dominance. don't be fooled, they are not messing around, they are playing for keeps. >> just, as -- you wrote a couple years ago an essay, i found. one of your key points, you are constitutional stoll ar, scholar, you said filibuster is important it protects rights of the minority, that is very importantism. if democrats have any brain they would understand it would protect them at some point. it is not even a partisan point of view. >> you are right. practtraditionally it

has not been, it scares me it is now. but that is one of the reasons that i insist when they talk 'these they are saying we have every hope and expectation, we won't need to worry about being in minority again, we'll change the law owes the laws help us maintain a solid grip toon the american -- we had two democrat who kept at bay and kept at bay for first two years, of this administration, democrat held majority in house and senate they helped keep the filibuster cause at bay, they are retiring. and if they have the chance they will do it. in next congress we can't let it happen. >> senator mike lee efficiappreciate

you're time. >> on kudlow, why can't democrats stop lying in success of trump tax cuts? and also, with the good economist steve moore and mike faulkender, why are they not defending longshoremen and blaming bidenflation. by the by, tune in to my interview with president trump, tomorrow, 4 p.m. eastern. right here on fabulous fox business. 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.

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it's our son, he is always up in our business. it's the verizon 5g home internet i got us. oh... he used to be a competitive gamer but with the higher lag, he can't keep up with his squad. so now we're his “squad”. what are kevin's plans for the fall? he's going to college. out of state, yeah. -yeah in the fall. change of plans, i've decided to stay local. oh excellent! oh that's great!

why would i ever leave this? -aw! we will do anything to get him gaming again. you and kevin need to fix this internet situation. heard my name! i swear to god, kevin! -we told you to wait in the car. everyone in my old squad has xfinity. less lag, better gaming! i'm gonna need to charge you for three people. larry: the lieutenant colo-- biden-harris open border policy sent out of control, edward lawrence at white house. reporter: you know that vice president hopal jd vance said former president trump has a plan to go after root cause of this. from federal reserve to congressional budget office, research shows that 8 1/2 million people who illegal low cross southern border urge biden-harris administration affected house, jd vance highlighted this issue in the debate. >> 25 million illegal aliens competing with americans for

scarce homes is one of the most significant price drivers in the country. under kamala harris' leadership. reporter: governor tim walz and debate moderators try to push back but federal reserve board member michelle bowman outlined last june what she is seeing. >> given the low inventory of affordable housing in united states en flow of new immigrants to some geographic areas could result in upward pressure on rents, additional housing supply may take time to materialize. reporter: under president biden and vice president kamala harris rent prices up almost 23%, and price of all shelter about the same, in certain cities ability to get affordable housing has dried up over last three and a half years.

federal reserve sees' direct connected between the migrants crossing the border. and they will continue to push up the unemployment rate, and congressional budget office said that surge of migrants increases or puts pressure on inflation the core inflation that stick i inflation. larry: wait. budget office said i thought they said that the labor illegal migrants would increase -- wait. would lower wages. reporter: right they a would add to revenue because they were be working but by spending they would add and put upward pressure on inflation. larry: they are long about that, they are wrong. go way they are always wrong. i want your produce target

your numbers i want to use them with mr. trump tomorrow edward lawrence, a font of knowledge. >> thank you. larry: joining me now. steve moore, trump economic adviser. and michael faulkender. america first policy institute. holding a trump tape. i will go after high friend steve moore, read read unleashed prosperity this morning. you should not blame the longshoremen, you should not blame the dockworkers, you should blame bidenflation and kamala harris. prices have gone up, 20% in last three and a half four years, wages up 15 or 16%. the value of this contract

they wrote, a few years ago has nose dived. this is what jack kemp taught us over 40 years ago. stop blaming the unions when the government and the goofballs running the government who cause inflation by printing too much money, and spending too much money. you are ready to make an amends will you ask forgiveness, longshoremen they just want to come out ahead in next 6 years. faulkender, i may come after you too. >> well, larry, i think you have 80% right. we don't disagree fundamentally, you are right. labor unrest, strikes. you know more and more workers falling, you know beneath the curve of terms of inflation that happens with the boughts of inflation, you remember, i remember, what happened in 1970s, you had all sorts of strikes because unions were so upset about 9 or 11%

unemployment. even if they got 8% up cites increase in salaries, i agree, root cause of this is joe biden took an inflation rate to 9%. now, here is where i may disagree a little bit. i was talking with a good friend art laffer today reminding me ronald reagan of president he fired air traffic controllers, and against his -- what was in his own political interest. air traffic controller association had endorsed reagan, he did it fo it -- for good of country there is a taft-hartley bill that says if you are an essential worker to commerce of country. you need to be on the job. larry: a wrong example it is different. >> i'm saying -- they can't shut down the whole economy.

larry: it may go a bunch of days, ronald reagan a great conservative icon, i agree. i was in the government, i was there. defending it on television. point i'm making. they were public service -- public unions. have no right to strike. that was the principle that reagan objected to. >> true. larry: nothing to do with what art and you are cooking up, nothing. and by the way, in those days, inflation of coming down. you are wrong there. what is here, faulkender, getting you in this, if you say one bad word i'm jumping on you too. you look at this thing, you look at this thing, what they. is 5 dollar an hour increase. okay per year. over 6 years. this is not unusual. not yo up usual biden

said take 4, he is not deeply involved yet, thing is courtesy of john carney of business digest at breitbart, top wage gain was scheduled to be 39 dollars when contract ran out. it is now worth $30. 70. doe you know what a hit that is, you multiply that out and give steve m moore a calculate or, throughout country that suffered from bidenflation in affordability crisis where wages have fallen way behind prices with the inflation rate. coming back down to 3%, the prices have not come down, and beiges have not gone up.

what is your take, i want to defend longshoremen, i know that president of long semlongshoreman union, is isic centric, what is your take on fundamental point to blame bidenomics or big government or steve moore got it wrong. >> because these are 6 year contracts, you have to take the worse case, where inflation may go. because there is prospect if you look at betting markets that kamala harris could be elected president they would again unl unleash 9 percent annualize inflation, you will hedge against that by putting in place a locked in wage increase, they're already about 20% behind in terms of purchasing power

because, they locked in their contract that inflation started to take off, they were not getting raises commence rate with the increases in cost. they not only have to make up for lost ground they have. but they have to worry about what kind of inflation would be unleashed by additional massive spending coming out of kamala harris and the regulatory environment. larry: blame the government, blame bidenomics and the kamalaomics and federal reserve not the workers. you teach school at university of maryland, steve moore would not pass your course. he would not pass your course. amazing. >> >> let me defend myself. larry: i have to go. >> what about automation, they don't want. larry: they always say it, a bargains chip. >> i'm for automation, yes, sir it will come overtime. they are looking for is severance pay. you -- i'm not -- i'm not in a foriv -- f -- all

right. nice to see you. [ laughter ] , steve moore and mike faulkender. coming up strikes, hurricanes and wars, biden-harris are nowhere to be found, how about that texas congressman wesley hunt and newt gingrich later, wild we'll weigh in on whatever, for once in a while i read prompter, i'll kudlow, we'll be right back.

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>> instead of spending money on people that are ruining our country, i delivered you largest tax cuts in american history. we'll get them lower and did something else, no tax on tips. no tax on overtime. no tax on social security

for our great seniors. i'm asking every citizen to join me in launching a new golden age for america. >> all right, no golden age. love that, joining us now texas congressman wesley hunt. thank you for returning to the show, what did you think that clip, he is in saginaw, michigan, you have been traveling with him. new golden age. cutting taxes, cutting spending deregulation. open up fossil fuel spigots in there. pro growth. it is ain't anonymous -- what do you think people say campaign promises do you think high will do it? >> of course high will do it. i have to say. donald trump is the james brown of politics, the hardest working man. i was with him all day yesterday, he did a swing through texas, 4 speeches in

one day, i watched him do it, he is fighting for every day americans, n no tax on tips, no tax on social security, allowing americans to keep more money in their pockets to make better decisions. we have to rejump start our economy by allowing every citizen to make their own decisions. the world is on fire. kamala harris and joe biden are nowhere to be found, border is on fire. and inflation is fire. israel attacked. you can't imagine a world right now that we can't have 4 more years of kamala harris and joe biden and what president trump is laying out is from an economic stand point benefits america, if you want to talk america first and priorities of taxpayer first above any other country, this is the plan to do it and president trump is going to execute on everything he is promising. larry: you know.

congressman hunt, we had an iranian middle east expert, brian hook. he was in the trump administration. national security. i asked him why not let israel take out iranian oil fields or why not let israel take out iranian nuclear installations. they have taken out hezbollah, they have takenno out hamas, they have done for us what we can't do for ourselves with this current administration, joe biden still whining for a ceasefire, that is absurd. i will ask you, congressman, why not just let israel be israel and idf w be idf, they are winning why not let

them take out oil fields and nuclear installations. >> i will say, when president trump was president this was not happening iran was broken this giving them pallets of cash they are track to have a nuclear weapon we saw with israel. 200 rockets 2 iron dp dome, not a single one got through, that is a black eye for the iranians, u israel should pounce to the opportunity to counter strike. find financial ways, they must take out their nuclear weapons, because, iran has promised to use those nuclear weapons once they are developed against israel and her allies that includes us. for those who are not watching. this is an opportunity for the israelis to strike and strike now and to end this war. i love most about when former president trump told me yesterday on the plane, he wants to people to stop

dying. if we could end the wars and back to a strong america where we're leading from front, and not relying other countries like russia and china to run the world, the world will be safer, we're all be safer but we have to cut israel loose, give them an opportunity to defend themselves. >> jerry baker, former editor of "wall street journal" wrote a column about it i did my opening riff about that column the other night. at some point, rest of the world, the free world will thank israel, israel is doing for us, what i don't know what we would not let them do for ourselves we'll thank israel for helping us, they are most here -- heroic country li right now. you know, iran, you may

know, iran is now producing 4 million barrels a day. they are selling it to china, and others but mostly china. and they are close to 100 billion, in foreign exchange reserves because of the oil sales when trump left office, their production of oil of 5 or 600,000 per day. no body of was buying, because we had sanctions enforced. now 4 million a day and china, and others are buying it. so, iran is rich. that is why they pose a threat. and that is why i think -- i don't know. joe biden saids to israel don't do it i would not see any such thing, sounds like you agree? >> i do, i am in houston, texas energy capital of world, oil that iran does not produce we could produce it here.

and right here in alaska here and supply the world with safe, clean, and affordable energy. in my opinion let's take out iran, this country if we ununleash american energy, pick up that slack. larry: wesley, never enough time. i love talking with you. 30 60s. >> love you back. >> i heard, fema, mayorkas said, people is a doesn't have enough money to help the poor people from hurricane helene? down in the carolinas and georgia, and virginia and tennessee and so forth. does not have enough money. those people are dying. they are getting strangled. why did that money go? we have appropriated hundreds of bil billion dollars over the years where did it go? >> i find it interesting we could send ukraine over 240 billion, but we disown have enough mean to save our own

americans, for record, joe biden talked on phone for two hours yesterday, where is he during this disaster, where is kamala harris, nowhere to be found. if we could appropriate these funds for other country and other projects, what happened to putting the average american first. especially under durres. >> yes, sir. we'll get together down there in -- >> love you larry. larry: we'll carve out a spot in swamp and have is up supper. >> come on down w we'll ticks the world's problems? switching gears and guests. highway good a night was it for jd vance, we ask my friend newt gingrich. former speaker of the house, fox news contributor. newt, i thought he had a pretty good night. >> he surprised them with his knowledge, and with his

per personality, he came across as more likeable and friendly. more of an every day 57. persond expected. governor walz had opposite problem he does not know anything, not a particularly good debate or and very nervous even with help from cbs team not as much as aabc team, in end. for me benchmark was frank did a focus group of 12 undecided voters after the debate they cid said by 10 to 2 jd vance won. and of 10 who said he won, 7 said they were now voting for trump. that say substantial breakthrough and the bigger thing is, jd vance is now a much bigger player, he will

get a bigger reception, he will get more media, and i think you seeing -- i did a news letter, star is born. and i think that part of what you saw. larry: you know. you are suggesting or frank lunds he moved needle that mostly vice presidential debates are one day affair exand ignored it may be different this year, someone is thinking he may have moved needle toward the trump team. >> yeah, i think he did what the trump campaign really needs to relax and focus on. he calmly, and methodically laid out the differences, he had one little device that i loved, that he kept talking about harris administration. not biden-harris administration. at one one point he had walz talking about

harris administration that is helpful, you know between the terrible things happens on mountains. and my good friend bill fortune, who lives there, i talked to him, said that church is the center right now of recovery. the federal government is not visible, not effective. and that great disappointment but that local volunteers, are coming through in a huge way. so, they have that. they have the longshoremen's strike to deal with and mid east middle east, and ukraine. i think that harris is not capable of dialing with 4 different major problems simultaneously we will see it more and more. larry: on the other point you mentioned it hurricane and mountains, still -- that hurricanes pass by condition consequences are still raging.

supplies are very short, now we learn that fema, does not have enough money to help. i don't understand that. fema has been giving billions down through the years. >> the incompetence of this administration, and fact that they are spending billions on ukraine. hundreds of million oiling well immigrants -- on illegal immigrants and kamala harris cid we sent 750 dollar check to people in mountains. this is crazy. there are two things you need in a crisis, of this scale, speed and mass. we have 55 military helicopters. huge part of them should be in the mountains right now, delivering medicine and food, and water. because the mountains have a lot of roads that are out, and towns that are isolated. pathetic sending a thousand troops finally almost 6 days

after the hurricane, that is -- this is literally, humiliating and cost lives. to have an administration this income tent. incompetent. larry: you are right, i am sorry pressed for newt gingrich. great friend, great wisdom. >> we'll talk with tammy brutes and monica crowley for a few moments when kudlow returns. how so? (fisher investments) we're a fiduciary, obligated to act in our client'' best interest. (fisher investments) so we don't sell any commission-based products. (other money manager) then how do you make money? (fisher investments) we have a simple management fee, structured so we do better when our clients do better. (other money manager) your clients really come first then, huh? fisher investments: yes. we make them a top priority, by getting to know their finances, family, health, lifestyle and more. (other money manager) wow, maybe we are different. (fisher investments) at fisher investments, we're clearly different.

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larry: joining he now monica crowley, and host of the of the monica crowley broadcast, and tammy bruce. it is short sorry. monica to you first. trump appointed jd vance. people in mainstream media saying that jd vance was better than trump, it was trump who it good sense and judgment to put jd vance in there. now he has been a great success. >> yes, that is right. jd vance was an inspired space by president trump. he is young, and america first, and a child of midwest, a true champion for the forgotten men and women because he was one. not so long ago. and it is an excellent

reflection of president trump's judgment. president nixon said, it takes a secure leader to choose respond strong to go along this path with you, a strong vice president, and donald trump is that. larry: how about kamala a judgment? >> that's. it, that is what peoe look at we know with harris and biden, vice president does matter, if sh it should be team work, at jd vance speaks to trump's judgment. walz speaks to kamala's judgment, she has history, here problem with staff, not just her own behavior but nature of who she chooses and how sp she treats people, neither one of them deserve to be near the white house. larry: and he does word salad they have something in common. moving needle. >> i think it does, it reassures a lot of people.

>> yes. >> reassures judgment yep. >> monica and crowley and tammy bruce, thank you. i am sorry. sa— (balloon doug pops & deflates) and then i wake up. is limu with you in all your dreams? oh, yeah. only pay for what you need. ♪ liberty, liberty, liberty, liberty. ♪

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♪ i have type 2 diabetes, but i manage it well ♪ ♪ 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 24/7 in your body

to flush out some sugar. and for adults with type two 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. a rare, life threatening bacterial infection in the skin of the perineum could occur. stop jardiance and call your doctor right away. if you have symptoms of this infection, ketoacidosis, or an allergic reaction. you may have an increased risk for lower limb loss. call your doctor right away if you have symptoms of infection in your legs or feet. taking jardiance with a sulfonylurea or insulin may cause low blood sugar. ♪ jardiance is really swell ♪ ♪ the little pill with a big story to tell ♪ larry: that's it for kudlow, thanks for watching, folks. -(theme music playing) -♪ bad boys -♪ whatcha want, whatcha want ♪ ♪ whatcha gonna do