kevin hassett on donald trump calling out the currency wars with japan. and china. you won't believe how the yen, it has collapsed. stick awound around. what will gdp look like on thursday, i'm kudlow, be (fisher investments) at fisher investments we may look like other money managers, but we're different. (other money manager) 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. (♪) is bad debt holding you back? ♪ the only limit is the sky ♪ ♪ it's our time ♪ ♪ you don't want to miss it (just a

my pal kevin hassett on new currency wars with japan and china.he planet is getting cleaner and biden greenies are having a bad earth day. senator john hoeven on that. first jacqui heinrich with the latest on rising anti-semitism across the u.s. jacqui, what have you got? >> reporter: since saturday columbia university decided to offer virtual classes for the rest of the semester to insure the safety of students. new england patriots owner, big university donor robert kraft pulled his support from the university. there also have been growing calls for the university's president to resign but president biden has not used any of his time in front of cameras at least to address any of this. in his remarks today there was no mention from him. he also didn't address it in his earth day event yesterday, except for when fox shouted a question as he was leaving and he condemned both sides. listen. >> do you condemn the anti-semitic protests on college campuses. president biden: i condemn the anti-semitic protests. i set up program to deal with that. i als

and kevin hassett. and steve forbes. what it is. steve forbes, you look oppressed today. do you know where your moneys that gone, honest to god, she says that, what all biden has to say, the full extend of his tack policy analysis is rich should pay their fair share, and they pay fortune and everyone knows that. >> fact of matter s inflation is a tax. >> oh, yeah. >> a his up tax, who gets hurt the most, we know who tens of millions who live paycheck to paycheck and up to their eye ball in credit card debt, interest rates going up, what is real rate of inflation it is 7% including interest payments. high as 18%. so joe biden's tacking the people who have least, he is babbling on about getting the rich, this is not about revenue about control, it is go controlling people's lives. larry: we loo looked, kevin, we -- one of the producers, total revenues through 2022. fiscal '22 last year. 40% above where they were in 2017, 40% increase in revenues, i add also we're still running a roughly 2 trillion dollar budget deficit, no matter how much money you tax and how much revenues

kevin hassett on donald trump calling out the currency wars with japan. and china. won't believe how the yen, it has collapsed. stick awou around. what will gdp look like on thursday, i'm kudlow, be right back. salonpas lidocaine flex. a super thin, flexible patch with maximum otc strength lidocaine that contours to the body to relieve pain right where it hurts. and did we mention, it really, really sticks? salonpas, it's good medicine. students... students of any age, from anywhere. using our technology to power different ways of learning. so when minds grow, opportunities follow. ♪ ♪ you were always so dedicated... ♪ we worked hard to build up the shop, save for college and our retirement. but we got there, thanks to our advisor and vanguard. now i see who all that hard work was for... it was always for you. seeing you carry on our legacy— i'm so proud. at vanguard, you're more than just an investor, you're an owner. setting up the future for the ones you love. that's the value of ownership. hi, i'm stacey, and i've lost 60 pounds on golo. (guitar music) this belt

we'll talk about it with steve moore, kevin hassett, steve forbes. a podcast, episodes available every weekday right after the show on spotify, apple, foxbusiness.com. we're a supply side tax cutting foxbusiness.com podcast or something like that. we'll be right back. everybody wants super straight, super white teeth. they want that hollywood white smile. new sensodyne clinical white provides 2 shades whiter teeth and 24/7 sensitivity protection. i think it's a great product. it's going to help a lot of patients. this looks like an actual farm. it looks cute on the app. [farm animal sounds] ♪ meanwhile, at a vrbo... when other vacation rentals aren't what they're cracked up to be, try one where you know what you'll get. morikawa on 18. he is really boxed in here. -not a good spot. off the comcast business van. into the vending area. oh, not the fries! where's the ball? -anybody see it? oh wait, there it is! -back into play and... aw no, it's in the water. wait a minute... -alligator. are you kidding me? you got to be kidding me. rolling towards the c

what's going on here, kevin hassett?'s going e xactly the way you and i have been saying it would go for the last two years. i wept back to september 2022 and talking about ten steps to stagflation, and we're stuck at step 8. which i just wrote about in natural review and price inflation and wage inflation stick together, price inflation doesn't go below wage inflation and right now they're both r unning between 4.5 and 5%. way above the fed's target. and i think that in january, i remember once you asked me on the show, kevin, any rate cut this year and i said no. inflation is accelerating so much and uncertainty in the middle east and driving energy prices up even more and that'll create serious pressure on the fed to group maybe as much as another percentage point 23 you look at sort of rules of thumb about where interest rating should be right now given inflation. bright bard and john carney. . there's a nonzero probably our dear friend larry lindsey w riting back in 2016 it when janet yellen was fed chair, she raise

maria: david bahnsen and kevin hassett. a wild week on wall street with first quarter earnings and key inflation if data on deck. dan niles is here with the number one thing he's watching right now. that's next. ♪ ♪ if you have wet amd, you never want to lose sight of the things you love. some things should stand the test of time. long lasting eylea hd could significantly improve your vision and can help you go up to 4 months between treatments. if you have an eye infection, eye pain or redness, or allergies to eylea hd, don't use. eye injections like eyla hd may cause eye infection, separation of the retina, or rare but severe swelling of blood vessels in the eye. an increase in eye pressure has been seen. there's an uncommon risk of heart attack or stroke associated with blood clots. the most common side effects were blurred vision, cataract, corneal injury, and eye floaters. and there's still so much to see. if you are on eylea or a similar type of treatment, ask your retina specialist about eylea hd today, for the poten

bahnsen group manging director david bahnsen and former council of economic advisers chairman kevin hassett. gentlemen, thank you so much tae before maria: there's also a possibility that there will be no rate cuts at all. your reaction. >> yeah. neil likes to get that attention. i will say this, you started off the year with the market believing there were going to be six rate cuts this year, it's down to three. we started the year believing it would start in march, the market now believes it'll start in june and july, and yet markets are is still up anywhere from 6-10 president on the year. the fed -- 6-10%. the fed is not the key driver in the market case revisions come right after the numbers a month later and we realize, oh, it wasn't as strong as it looked. kevin can, you've been working on this jobs picture in terms of who's really getting hired. tell us what you've learned. >> if you get the breakdown of whether one with was u.s.-born or foreign of born who's in the jobs report, and over the last year that table reports that there were 615,000 jobs created only, and of those 615,000

larry: this was kevin hassett's argument and your argument on the corporate tax.if he had a chance which he won't but nonetheless, he wants to raise it from 21 to 28%. the people who will be hurt the most are the middle income wage earners and the lower income wage earners. in fact the lower income wagerers had the biggest percentage gain in income after the trump corporate tax. the bottom 20%, art, actually did the best. biden would screw them. >> yeah. kevin hassett's work on this is really brilliant if you look at real wages and workers wages and what happens to median income. he shows the corporate tax rate really had enormous impact on that. i think steve moore's number is, increases in median income under trump were something like $5000 or more than that. larry: six thousand dollars. >> six thousand and it is down four thousand for biden and if you raise the corporate tax rate it will reverse those policies and who wants that and how does it sell politically, larry? tell me, what political consultant or advisor would suggest that this is the policies you wan

here's former council of economic advisers' head kevin hassett with me this weekend on fox business.ar, that table reports that there were 615,000 jobs created only, and of those 615,000, 1.3 million were people who almost surely are illegal aliens. they're a aliens, for sure. and, in fact, people who are u.s. residents a year ago, or about a 650,000 of them is have lost their jobs this year. so what's going on is that there's an employment boom that's coming from these people who are streaming across the border. maria: wow. joining me right now in a a "sunday morning futures" exclusive is ohio senator j.d. vance. senator, it's great to see you, thanks very much for being here. your reaction to the jobs report on friday. >> well, i think, unfortunately, kevin hassett is exactly right. if you look not just over the a last year, maria, but over the last three or four years, much of the job growth has gone to the foreign-born, many of those, of course, illegal aliens. you contrast that with the trump economy, maria, which was about productivity enhancements, higher wages for american wo

pal, kevin hassett, was out there a lot.ilbur ross and the congress department did a great job on explaining the economic point of view, steve mnuchin has a treasury. >> sandra: press secretaries were great on it. >> yes, you are right. i don't understand because you never see those guys. i'm not saying, look, jared bernstein is a very good -- >> sandra: they know that. >> is very dear personal friend of mine and he is very good at communicating, but i don't see much of him. i think that a mistake. the few times he has been out there he has been talking about fees on airport baggage and nonsense like that. >> sandra: this is why they have to get out there come these are the headlines this morning, "the new york times," larry, a blow to president biden, the times. "financial times" resurgent inflation looms over biden's riwhite house bid, politico stubborn inflation rains on biden's good news parade wire than not getting out there when we are hearing this from voters you have to respond to this, watch this. msnbc. >> my past

. >>> and later, kevin hassett joins us on the latest inflation data and the fettle next move.or you. this lad scott came over here with delusions of grandeur and left a humbled man. but he didn't give up, no. oh man, that's what i needed in scotland. that's what fitting you to the latest technology does for your game. he went and got himself some new clubs and came back. it's go time. the difference that made, made all the difference. yeah! here's to you, scott. ♪♪ >>> welcome back, everybody. the washington wizards and capitals will now stay in washington, d.c. until at least the year 2050. that's thanks to a $515 million deal between d.c. mayor muriel bowser and the oewner of those teams. the mayor joins us with the details. mayor, we say first of all, wow! this is quite an upset you pulled off, because we had virginia governor glenn youngkin on the program in december announcing he was stealing those teams and they were going to be relocating. what happened? how did this all come together? >> well, we all had the feeling of "not so fast." these are our teams and believe d.c

the bigges t hit from a corporate tax hike and this wa data shows, as kevin hassett did work on this years ago, wage earners, middle income, blue collar type wage earners,te sean, they're the oness who benefit fromwh a corporate tax. unde're the ones, for example, in one year under trump and one year 20 19, when the thing was fully in place, middle income working folks place made. $5,000. that was a bigger gain than eight years of obama and joe biden. so there's you're right, there's no corporate tax. therrporatd along to wage earners who will lose money under biden's proposal who. ves. and consumers and investors, it's a shell game. he is telling untruths just like he always does. annity when i was a resident in new york and the trump tax: cuts passed that he eliminated the state and local tax deductiotatealn. i ended up paying more, but i didn't deserve that. because you weret. warning states that that elect, you know, high taxes spend liberals. all right. thanks, larry. jerry seinfeld calling out the extreme for killing comedy night giant diamonds at their lowest prices ever. the

this was kevin ha hassetts argument and your argument on corporate tax biden wants to raise the corporate28% people who are hurt the most are the middle income wage earners, and the lower income wage erners. the lower income wage earners had the biggest percentage gain in income after the trump corporate tax, bottom 20% did can the best. biden would screw them. >> yeah. cove ekevin hassett's work on this is brilliant, he shows that corporate tax rate really had a huge impact on that. i think steve moore's number is that -- the increases in median income under trump were something like 5,000 -- >> 6,000 plus. >> 6,000, and it is down 4,000 for biden. and if you raise the corporate tax rate it will reverse those policies, who wants that? and how does this sell politically. tell me, what migh political advise or would suggest that this is the policies that you want to announce to win an election. it just does not work that way. larry: this week, i guess wednesday, thursday, we have cpi, ppi . in your judgment s inflation dead, still alive? highwahow do you see the story, should fed cut rates