tv Kudlow FOX Business October 16, 2024 7:00pm-8:00pm EDT
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when you call, a knowledgeable, licensed agent-producer can answer any questions you have and help you choose the plan that's right for you. the call is free. and there's no obligation. you know medicare won't cover all your medical costs. so, call now and see why a medicare supplement plan from a company like humana just might be the answer. clem's not a morning person. or a... people person. but he is an "i can solve this in 4 different ways" person. you need clem. clem needs benefits. work with principal so we can help you with a plan that's right for clem. let our expertise round out yours. larry: hello, folks. welcome to kudlow, i'm l arry kudlow. so president trump hammered away at key issues in today's fox news town hall with harris faulkner, economy, inflation, energy, border, we have liz peek, kennedy is with us how about
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that. joining us, first up kamala harris focused on race, space, loan forgiveness and reparations, not to mention healthy dose of smoking dope, pete he -- peter pete doocy is live at white house. >> vice president harris is not headlines to say she does support reparations at this moment, she does not know enough about it yet. >> what is your stance on represent operations we know america became great, you know, off the backs of free black labor. how p progressive are you in righting america's wrongs? it understood you are asking for president for all people of america, asking for
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specifics for black communities does not mean don't do for others. >> it has to be studied. there is no question, i have been clear about that position. in terms of my immediate plan -- reporter: harris team has an tuna,genda for black men, it may be on shaky legal ground for singling out a race, 20 thousand for black entrepreneurs and legalize recreational pot. why has it not been addresses as vp,si she said president biden has been supportive of the vp and her agenda for years. >> president has always wanted vice president to be successful, she has an impressive record, anything else beyond that i will leave it to vice president and her team to speak on. reporter: white house can say president biden wants vice president harris to be successful. but, he barely campaigns for
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her, and when she is out there, we go, she barely mentioned him. if ever. larry. larry: just sounds like a lover's quarrel to me, peter doocy, i don't know if that is be patched up. thank you for that report. president trump in georgia for woman's town hall with ha. >> race for white house could not be tighter. trump's message to talk with a voting group to win them over, they asked him questions on some issues that matter most to that group. the economy. crime, abortion, child care, illegal i immigration and protecting women and girls in sports, trump getting to
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back to his main points and focused on tax cuts and making america affordable again, arguing his tariffs and drill, baby, drill energy agenda would lower costs and fuel economic growth. >> everything is about the energy. that is what caused inflation. energy, more than anything. including stupid spending on the green new deal, they spent so much money, that caused it. but the biggest thing they went away from my energy policy, your energy bill, this is big, will be down 50%, starting on january -- one year from january 20. reporter: with issue of abortion he presented a fairly moderate message, touting ivankaaa work on child care and restated his support for ivf . and his plan to deport violent criminals and talked about skill based merit immigration. >> in terms of legal
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immigration in this country, what you can get done? >> look, we have a country, it grows, nicely over a period of many years, all of a sudden they are force feeding millions of people, 20 million people came in over the last three years, we also want to have people come in we need people, you need the people. but they will come in through testing through do they love the country, can they love the country. reporter: former trump has struggled with female vote in the past. larry: he is doing well. madisonal whos alworth thank you, joining us now, liz -- l liz peek,
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rachel campos-duffy. noticias, and airing weekdays 4 p.m. eastern on fox deportes. they slip that in that deportes. and kennedy, co-host of out numbered. thank you. sounds i'll go to you rachel. you are a special, guest, you are all special guest, kennedy never been on. >> larry thank you. larry: he sounded very much on message, inflation, economy, border. and then even merit based immigration policies, so important. he got a standing ovation at chicago economic clubs. i don't know if it was standing but it was huge. when he responded to this liberal left host, and said you know, i'm for immigration, but i'm for league immigration. and i think -- sounds like
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he made the same point. >> i think he has been doing well, saying on message, not getting distracted, they want him to talk about abortion, he did what he had to do but could i'm on message i'm talking about economy and inflation, no matter who you are, you are worried about that compared to clip you showed before, of kamala harris, on this radio show, on sh he got distracted, yeah i'm for that and i'll be for that, that is the difference, one candidate knows who he is, he will give same message in bronx as he will in rural wisconsin, and other shifts and turns because, she is not confident i think, she is afraid of making decisions, and when she? in an environment h like here, she will say whatever
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larry wants to hear. larry: kennedy you saw it from start to finish. >> i saw some of it. larry: i saw a little bit. let's go to that. she is talking about 14 trillion will do dollars in reparations. it is inferses something recent not something hundreds of years ago. and the bidens have already brumght bru bankrupted us. people are worries about the economic outlook, a new home, are we closing border and bottle up crime wave that is what can giving trump, i think a lead right now and and changed race, he is on message, she does not have a message a are -- >> her values have not
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changed. >> what does that mean? if you are playing hits and your value have not changed, they originally were that is your values are today that is what it means say my values have not changed. in 2019, she was for defunding police, in 2019 she was gl against fracking and for confiscating we'll, you have to assume she is for those, and let's say conservative estimates, for reparations is 5 trillion, in you c confiscate all wealth from everyone, it does not equal that lowest mate there is no way. she should say, and i want more of you to be billionaires, i want the young black men, and the under service schooled to dream about what they can do. i want this to be an aspir aspirational economy to sa to take your dreams and put them into action, so you can be
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at table in future but she can't articulate that. larry: tape from trump's middle class agenda from faulkner focus. >> could you outline your plans to revitalize the economy as president. and policies that specifically support middle class when reelected. >> we have tremendous wealth here, but it is under our feet. it called liquid gold bringing down your energy cost with that everything will follow, and make it possible for companies to come in, we have a tax rate that will lure them and protect them with tariffs to make money and they don't get stolen, we will have record setting jobs. >> all right, we have that and do we have one more on immigration? we have one more? woe stepped over in teleprompter, here is full immigration. >> we have to take the murderers they have allowed to come through open borders without knowing anything about them, we have to take
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those people and we have remove them we also' to have people come in we need people, they will come in through testing, they will come in like do they love our country, can they love our country. larry: we had a point system last year of trump administration. liz, what do you think? i. >> i think it se excellent across the board it appeals to women, men and country, she is continuing the obama opro approach of slicing and dicing, she is just like a bowling ball from lane to lane. just not particularly authentic. i think that she is exposed as someone who does not mean what she says. i think that everyone agrees that donald trump you may not like what me says but he is out there saying what he believes, and what he
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believes is that the government should be on the side of the people it should be. powering people not empowers bureaucrats, and i really, you know i think that hitting home, i think -- >> from day one. >> i can say on this immigration thing, i do remember immigration policy that you put out there. guess what it was very popular if you remember. >> almost from day one. kamala harris has been unable to convince people that what she says is when she believes, as kennedy said she dropped back with that values. your values have not changed and your policies have, there is a dis disconnect that does not bode well for her, i think it is a phone candidacy. >> rachel, she will win the women, i get that, other hand trump made strides with respect to men. young men.
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-- i don't want to put you on spot. you star in the new show, a lot of this is -- some is blacks to be sure, a lot hispanics, young hispanic men. >> young his ha hispanic men, still very traditional. they aspire, to have a family. to get married, to prosper, to provide, and to protect they are still values, it has been hard, largest population, are the young hispanic men, it is huge, they are looking at launching in life, this economy, it is impossible. that is an economic issue for them, i will say with women, they say, really bad that donald trump says he wants protect women, hispanic women like, that protect me from my prices and protect me from crime, protection message that strong disc
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disdecisive, i think is appealing to hispanics. larry: one more piece tape, trump on men and women in ports hang on kennedy. >> we stop it, we stop it. we stop it you can't have it. it is a man playing in the game, physically from a muscular state even if a little bit less maybe they do tests and drugs and everything, look at what is happening in swimming, you just ban it, president ban its, you don't let it happen. [applause] larry: that got a lot of applause. and look at, to add one thing. you don't have to be making value judgments about transor nonsan francisco this is a different idea. -- trans, or nontrans, this is about fairness, biological men should not compete in sports there are a lot of trans-issues i
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don't want to go into those but he is making a separate point that is where he picks up support. >> and i think this idea of forcing biological men into women's sports is worse for the trans community it puts trans people at risk, does not elevate conversation but it activates moms and moms who are protective of their daughters because, all you want is for your kid to be happy, if your kid can be happy playing sports that is a level of success. but when they are having to compete against someone who can actually hurt them. it feels like an injustice, like, you know a rationality is upside down, and a lot of independent voters looking to someone to right us. larry: not what we do here. >> it shouldn't be. larry: liz, 3 weeks to go. >> i can't believe it. larry: has tide turned? has there been a change? the momentum.
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>> without a doubt. if the betting odds are at all realistic that shows tremendous change in last two or three weeks, i think, her thing ran out of people, there is no meat on the bones, there is no policy back up to the aspiration aal -- bologna, she conditcondition run -- she can't run on that, i spend 3 hours reading democrat columnists about what they think, they think she needs to do something, everyone has advice for her, they want her -- >> maureen dowd is smart. >> she is where your is your vision, i thought her comment was, didn't she take a yellow pad and say why do i want to be president, here are reasons here are my policies, i thought that was librilliant, she has no idea. larry: rachel your s new
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show, fox noticias airs on fox deportes channel, fox sports on youtube channel and on fox nation, one hour show, news, culture, sports, it is great. larry: good luck. >> >> we -- time for it. >> it is time for it, i can feel it liz peek, kennedy and rachel cam campos dduffy. reciprocity new free trade, with kevin hassett and david . >> tonight, brett baier with kamala harris. i'm kudlow we'll be right back.
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larry: so, reciprocity is new free trade, that the subject of the riff.. at chicago economy club, micklewaite got his clock cleaned because he is trying to make a free trade case over 25 years old. time is long passed in american politics u.s. can stand by and do nothing while foreign com competitors take advantage of us, they still cling to post world war ii free trade approach whose team as long gone. and western powers allowing china high tariffs and other
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trade barriers and still giving china access to america's consumer markets, you know what american manufacturing in midwest and elsewhere got bi -- wiped out. this started in '70, it accelerated after the wto chinese allowances still today, are not fixed. numbers are clear about the decline of manufacturing, since year 2000. early. donald trump has been consistent on this for decades, well before he started running for president, one of his greatest achievement as president is ringing warning bell on china's unfair trading practices and intellectual property threat and forced transfer of technology. mr. micklewaite could not match wits with trump, largely because trump's
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position is so strong. the key, trade reciprocity is now the new free trade. ironically, very tariffs that liberal economic establishment hates so much, are the pathway to free trade. the argument is simple, countries with unfair trading tra practices will be denied to great american trading market unless they lower barriers, u.s. average tariff, by the way is till only about 2%. lowest in world, china, india, brazil, the eu have higher average tariff rates, but trump has proven through free d trade teals deals he is fully capable of reducing tariffs as raising them, they brought trade barriers down. along the way, mr. trump
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taking great care to defend american workers, and all likelihood, trump drives hard bargains with our competitors, by using tariffs to negotiate, worse case high tariff rates will never come to pass,ing in mr.mr. trump willing to provide american companies with low 15% corporate tax rate, and 100% expensing all to help them get through any difficult time. when you combine trump's tax cuts, with his ambitious plan to deregulate the, sector, roll back government intervention in the economy, the musk emission, and once again, unlocking what he calls liquid gold and add to that stable king dollar, you have a phenomenal pro growth particular creating more goods to produce prices, but will reduce government
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spending, deficits and debts as share of the overall economy. it is all part of a dynamic economic plan that liberal economists just fail to understand. sorry about that folks. that is the riff. all right, bridge in our guest joining us now kevin hassett. author of the drift, stopping american slide to socialism, and david malpass. former you were secretary of treasury. i have sound. lfrom trump yesterday. >> it must be hard for you to spend 25 years talking about tariffs, then have something explain you are wrong. it will have a negative -- it will have -- it will have a massive affect. positive affect. the higher the tariff the more likely it is that company will come into the united states, and build a
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factory in u.s. so they don't have to pay tariffs. larry: there you had it micklewaite is defending david malpass a view of free trade 25 years old, it not real any more. what do you make of this. that is what gave trump upper hand, he said you are 25 years out of date. i suppose he was being accurate. the economic professions like the last to get onboard with this. >> that is right, the establishment really does not want change, we have to recognize that trading system is really broken we need massive change in that. i wouldic ten economy --ic extend it to budget system, the keynesian model is broken, trump is saying, i want a lot of
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change, and big government types push back on that. say, no, that would be the end of the world, vp harris said she would not change anything from biden, and we have a fight where trump says it is clear that we need massive sweeping change. and trade is one central part. >> do you know kevin hassett. funny, reciprocity is new free trade, et cetera. but if you look at trump's whole package, what annoys me, economists we wall street economists and l liberal economists, they focus on like world free trade, you look at whole package. with tax cuts, and steady dollar, as world reserve currency, and deregulation, it congress be inflationary. dynamic model kevin, cannot
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be anything w but pro growth. >> i want to remind everyone, that because of china tariffs, applied tariff weighed by amount of imports we have for u.s. went from 3% to 14%, during president trump's first term. and we had 3% growth, and 1% inflation, it department didn't feed through to anonymous, a lot of production switched to u.s., and other countries. imagine there is a company operating in canada, shipping stuff to u.s. and then we put on a tariff. then they could move factory to u.s., and avoid that tariff, what second tra -- that is extra cost. there is not much of a link between tariffs and inflation, the reason is you can buy from next best source, that bo best
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source is the company that moved to u.s. larry: all right, well said. here is one federal reserve came out yesterday in chicago. >> look, i think it is greatest job in government. you show up to office once a month, and you say, let's see, flip a coin. everyone talks about you like y you are a god, i don't think i should be allowed to order it but i should have right to comment as on whether or not interest rates should go up or down. larry: i like it a lot, y2k ii don't think i should be able to order it, he is a citizen he pays taxes why can't he have his opinion. >> he can. treasury secretary meets weekly with fed chairman, they discuss what the interest rates are. and nobody giving guidance to the fed. but they have input. and business community wall street does.
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really liked the directed that had. dollar as reserve currency, i heard you say, steady king dollar. if you say, that if the world believes that, that means lower interest rates in the u.s., than they otherwise would be that means more jobs, more small businesses financing come out of this if you describe a growth model based on supply. you will get really positive change and harris, i will repeat, she does not want change, she leaving us stuck with inflation with you know debt to 50 sttrillion. >> this is a chance to reverse course. don't you think that is -- this growth model is what
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you can get as a share of the economy all evils all of bads if you will can start benbending back down. >> i know i have to go fast, think about it average deficit, under biden administration outside of covid years has been 1.9 trel trillion a year, under trump it was less than half, a return to those policies will reduce inflation. larry: and you so much. kevin hassett and david malpass. >> coming up sex traffics surged under biden-harris administration. numbers are alarming and they have to be held accountable. senator marsha blackburn weighing in next on kudlow. (♪) what took you so long? i'm sorry, there was a long line at the thai place.
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young woman killed by immigrant, if they all were properly vetted that probably wouldn't happen. larry: a politician told the truths. joining us now tennessee senator marsha br blackburn, there is bill clinton. lalaken riley tragically killed in georgia. i want to ask your view, a horrible subject, sex trafficking, i don't think how good the numbers are. they were coming from the department of health and human services. no, homeland security. i beg your pardon. 1837 young youth sex trafficking under biden and
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harris. trump was about a third of that, he cutback so much. and we don't know either is you know, we don't know there are thousands of children that are out there, they have no idea where they are, this is part of the tragedy that probably may not get enough discussion. >> larry, you are right about this we all remember when democrats would say we have to pass this, that or the other for the children. and then you look at this administration and you have difficult it has been on women and children. a big part of that is what is happening with the sex trafficking. one of the reasons you have seen such an uptick in number, of girls that are being trafficked in, specifically for the sex trade, is because you are not doing dna testing at
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border, biden administration cut that out. trump did it. he found out about 40% of all of girls that were trafficked in were coming in with someone they were not related to. or children that were brought in to the country. now, we also know that the big social media platforms instagram, snapchat, facebook they have sites that are set up, that deal in trafficking boys and girls, for the sex trade we know that every two minutes, two minutes, a child is bought or sold for sex in this country. and there are remedies that we have brought forward, reinstating dna testing, stiffer penalties on the traffickers, making certain that we pass the kids on
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line safety act that would hold social media responsible for some of the bad actors on the platform we need to get that through the house quickly. we continue to try to find the over 300,000 kids that dhs lost track of the children. i want your audience to understand these are migrant children. that came in and larry, homeland security and hhs health and human services these are agencies responsible, they cannot tell you where the children are. they cannot tell you if they are dead or alive, their sponsors were not property vetted like, it takes too much time, let's just rush it through. and bill clinton said the quiet part out loud. people are not being properly vetted, this
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administration has pushed more than 10 million illegal aliens across that border in to this country, the american people are less safe, you have more women and girls trafficked now than ever, this is a 15 billion dollar a year business in this country. and it is imperative that we secure the border, and that we begin to find the children under president donald trump, you will have an administration that will take this seriously. and will do the job. larry: you know, i'm -- you are el eloquent on this matter we appreciate it, i want to say, in last few moments, this -- what you are advocating can be done. the border can be closed, vetting can occur. traffic of people coming in and out -- tracking of people coming in and out
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can, border agents will stay on if trump wins, they want to leave if harris wins, it can be done, mau ma'am. >> that is the bottom line, there a way to do it, trump about it in his -- president trump did it in his administration, biden administration does not take border security seriously. they do in the respect the border personnel that is why you hear the border personnel members say if kamala harris wins, they are quitting. they are not wanting to put up with 4 more years of this. where you are empowering illegal entry and disrepresenting the border patrol -- disrespecting. the border patrol. they want a border barrier, better technology and more
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offices and agents, donald trump gave it to them, joe biden and kamala harris took it away. they could not go to the border she did an 11th hour photo op, she was there for 20 minutes, you can't even get in the car and go out on patrol in 20 minutes. i thought it was insulting. larry: thank you so much senator blackburn. very convincing, we appreciate your time very much. >> good luck. >> thank you. larry: folks. changing gears mark simone, wor host and joe concha fox news contributor. running short of time. just one quick quickie, joe concha, the flap about fbi statistics, a-- abc debate. >> donald trump said violent crime increased, driving
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americans out of major cities, we see, that david muir, one of mott moderator said we fact checked it and fbi reports that crime decreased for trump, media outlets ran with it well fbi has revised their statement or report now, and actually, violent crime, murder, rape, robberies. they have increased 7 point swing from decrease to increase, 75 million people were watching that debate, this revision few people. >> did abc say they were wrong. >> of course not. >> we have a feeling it the not happen. >> mark simone. >> they rigged last crime report they left out los angeles, new york, chicago, baltimore, and philadelphia. and dc . >> they are safe cities.
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>> that is where the crime is. larry: can i say apropos, part of the corruption of the beltway agencies. you have to have magnifying glass to interrupt the fbi statistics, that is how hard they try to hide the fact that trump was wrong and they were right, i hope elon musk comes in with a machete and a hatchet at once. goes after the economic agencies, and also, security an agencieses all just, infuriating, when they try to pull. >> jobs reports by the way, wow. great job increases, 16 of last 19 months job reports revised downwards. why is that? larry: you going to al smith dinner. >> tomorrow night.
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larry: probably sit at same table there last i heard kamala will do a video. larry: oh, what kind of video. >> you are is up -- she was supposed to be there in speak. larry: that will look worse. >> i say that. larry: that will look worse. >> you have time to do video, show up. larry: is the race slipping away. three weeks away? >> put away in polls. just your gut feeling. >> it is total slipping away real polls they know. for her, her strategy was high, don't do interviews now she is doing anything. that is total opposite, she is in panic mode. larry: i'm glad she is doing an interview with bret baier, he is honest journalist, i don't believe that people from day one, i don't think she has been believed from day one. her policies have changed
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value are the same, she gets caught tying her shoe laces of day. >> she never says what she means and eve never means what she said, she would not do these shows to court black voters, you are black presidential candidate and you are struggling with there and spanish and unions that is core of democratic base, if she can't get those three groups. larry: you are right, joe concha, mark simone, you are right, time is short. >> coming up electric vehicle mandates that harris favors are killing jobs. we'll talk about a big senate race with republican michigan senate candidate mike rogers, and they are moving ram trucks to mexico. naughty, naughty. you will not get your 15%yo tactasks -- tax rate,
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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: joining me now republican senate candidate from michigan mike rogers, what about electric vehicle mandate from biden-harris, laying off workers, pushing stuff to china, i'm sure it is a hot campaign issue, can you win -- this issue? >> it is going to be significant, we're gathering
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up auto workers across state, 1.1 million workers in michigan tied to the gas engine pro ducktion. production. 40 percent less labor according to ceo of ford. you do math that 400 thousand manufacturing jobs. and they use taxpayer money to bring in chinese companies to build products that will result in less michigan workers, i don't know anybody that thinks that is a good idea, you can have any car you want in biden-harris as long as it is electric vehicle. killing auto stray, 2400 layoffs, and a thousand. at general motors stellantis pushing out of michigan ford lost 5 billion in is a disaster. larry: mike rogers good luck. a great rei -- issue, a tough i, thank you,u,) sir, i'll be back with my last word.
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