. ♪ >> hello everyone welcome to "kudlow" i am larry kudlow i want to begin by going back to yesterday'sudget speech by president joe biden, you may recall on eight separate occasions mr. biden referred to pay their fair share, he just kept repeating it. some left-wing poster probably told him it'll play well in progressive precincts.

up next on "kudlow".were mocked for predicting that the dow was soaring to 36000 they made that 1999. the first estimate was 35000. but anyway look at it now it's almost there a little setback this week time to buy a back, we have kevin hassett and james classmen, i hope we have a good picture of their book, dow 36000, we are on our way on "kudlow", please stay right "kudlow", please stay right here. ♪ music playing. ♪ there's an america we build ♪ ♪ and one we explore one that's been paved and one that's forever wild but freedom means you don't have to choose just one adventure ♪ ♪ you get both. introducing the all-new 3-row jeep grand cherokee l jeep. there's only one. larry: all right this is a pleasure, my great larry: kevin hassett and james glassmen they were mocked in 1999 for their book dow 36000 we have it on the fullscreen. now i would argue can rogoff, professor rogoff of harvard argued in the wall street journal the day before that hassett and glassman are beingwe vindicated. we finally got th

. ♪ >> hello everyone welcome to "kudlow" i am larry kudlow i want to begin by going back to yesterday'sudget speech by president joe biden, you may recall on eight separate occasions mr. biden referred to pay their fair share, he just kept repeating it. some left-wing poster probably told him it'll play well in progressive precincts. he is always blaming businesses and blaming wealthy successful individuals. it's a big lie not just a question here of cognitive dissidents just like any left-wing propaganda. if you say something enough it might become true, again this goes way beyond any cognitive dissidents, it is simply a big lie. and i'm quite tired of it. let's look at some facts, this is from the irs, the nonpartisan tax foundation, c.b.o., joint tax committee and so forth, first up the united states has the most progressive tax system in the world, that according to an oecd study done several years ago, progressives, progressive means the upper in pays far more than the low-end, let me give you some facts, according to the irs data from 2018 the most recent numbers available the top

so let's proceed here and bring in the host of "kudlow," larry kudlow.these comments from democratic leaders looks like the spending plan, debt ceiling efforts are in complete disarray. what are your thoughts what is happening? >> i am proceeding, charles, absolutely proceeding on this. i think critics like myself and yourself and many others i think we got them on the run. here's what i'm told from the whip's office, republican whip's office, first of all, they just broke a promise again. so the infrastructure bill is in fact going to be linked to the reconciliation bill. okay. that is after they first said yes, no. now it's back. the date next week, september 27th which was supposed to be vote on infrastructure, beg your pardon, that is not likely to happen unless they get a vote on both, reconciliation. and of course that breaks the promise with the bunch of moderate democrats in the house and of course the progressives are furious because they don't really care about infrastructure. they want all their social spending programs and new entitlement pro

larry kudlow thank you very much. tune into "kudlow" weekdays at 4:00 p.m. eastern here on fox business. >>> everyone look at this, a dramatic rescue in bridgeport, pennsylvania after ida pummeled the northeast with historic rainfall that you have never seen before. latest from the ground coming up next. i invested in invesco qqq a fund that invests in the innovators of the nasdaq-100 like you become an agent of innovation with invesco qqq you founded your kayak company because you love the ocean- not spreadsheets. you need to hire. i need indeed. indeed you do. indeed instant match instantly delivers quality candidates matching your job description. visit indeed.com/hire that's a nice truck. yeah, it's the chevy silverado. check out this multi-flex tailgate. multi-flex, huh? wow. it becomes a step. mom, dad's flexing again. that's not all. you can extend the bed for longer stuff. is he still... still flexing. that's right! and, it becomes a workspace... you can put your laptop here. i'm sending an imaginay email. hey dad, dinner! hey! look who stopped by da

here with reaction, the host of kudlow, larry kudlow. all right, larry, you are now it is us in.t are the consequences?ig >> i think it is going to do great harm to the economy. the tax hikes alone, companies don't pay taxes individuals pay taxes. by the government's own scoring, the congressional budget office, the joint tax committee, none of those are supply-side havens. they are saying 70% of the corporate tax hike will fall on the blue-collar middle-class. and the joint tax committee has said nearly 70% of that middle class will see higher taxes. as a result of the bill that came out of the house ways and means committee. it is going to be devastating for the economy. and you are raising the capital gains tax and it is remarkable. new one historically. the other point i want to make, newt gingrich is talking about big government socialism. this massive wave of new wealth. and entitlement, nothing, whether it is the family leave plan, or the basic income plan or child credits -- there's not one -- but there's not one stipulation, not one rule that you have to work. there's no

i bring in the host of "kudlow," larry kudlow.ry you covered this issue intensively and extensively perhaps more than anyone else. what do you make now, there are little signs maybe the tide is turning, this workers strike may be fading as some people realize these are opportunities of a lifetime? >> well, you know, i hope you're right. i'm not sure the evidence is all that, is all that great, charles. you had a big increase in job openings, 749,000. so you're at 10.9 million. the gap between what i think is full employment in february 2020 versus august employment report is over five million workers. so you have more than two job openings more each unemployed worker. that's a very big number and in fact jim bullard of the st. louis fed, his ratio is job openings to the number of unemployed, that is at 1.3 jobs, that is an all time record high. so look, i think the problem is not labor demand, right? i think the problem is labor supply. that's still the issue. now wages are going up. that's good i think. that's terrific because pr

thanks for watching, but kudlow. have a great weekend. ♪♪ >> after 20 long years, the war in afghanistan is kind of over. is it? afghanistan is still very much a mess soon become a terrorist safe haven again. some americans are still trapped there. what on earth do we do now? this is video of one of the last flight out of the kabul airport. the last flight departing a day before the deadline reportedly a tactical decision. earlier this afternoon, commander general kenneth mckenzie explained how the war came to an end. >> i'm here to announce completion of our withdrawal from afghanistan and the end of the military mission to evacuate american citizens, third country afghans. the last t7 lifted off the international airport august 30 this afternoon 3:29 p.m. east coast and the last manned aircraft is now clearing airspace above afghanistan. liz: one 100% certain every u.s. service member was out and could not be said for u.s. citizens. the general addressed back, to. >> in your message to americans and afghan allies l

capitalism that larry kudlow would agree with, he's on this show and we'll discuss it and did you miss amazon, how about tesla, nvidia, any of the names that went up several thousand percent, so bionic humans and immortality should be on your investing watch list we'll give you so much more about that in fact all that and so much more on "making money." okay, folks. it's the day of triple, quadruple witching, first of all , the expiration of several derivatives all at the same time and it's today, now, it can be a frenzy process of closing and opening contract, in fact, single stock open interest edged to almost $3 trillion on june 18 , that was the last time this event occurred and interestingly the market has been down each of the last six times and the good news is that historically there's a period of calm afterwards just for the next couple days and after that the market usually resumes higher. meanwhile, there's an odd dichotomy between plunging investor confidence and the amount of cash gushing into the stock market. individual bearishness that's plunging, and then of course, do

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you want more of larry kudlow, 4:00 in the fox business network. spin on it you know what i loved most about this? the part that i really loved was larry set up oh, i forgot about the $1.2 trillion. [laughs] is not where we are? >> sandra: thanks for >> martha: thanks, guys. good to see everybody. good afternoon for a monday. i'm martha maccallum in new york. this is the big story of this week. it is a very important week for president joe biden. >> [question inaudible] >> victory is what is at stake. >> so can he thread the needle on this enormous spending package that larry kudlow was just talking about? $4 trillion. some say 5.5 trillion. it's a plan the president has said to change the united states economy in a fundamental way. this passage is a huge test of his skills and his ability. can he lead his own party. he's battling with aoc and her side of the aisle. they said they're going to vote no. he has the looming shut down that he has to contend with. gallup shows the president at 43% approval rating. a new low following a number of things i

. ♪ >> hello everyone welcome to "kudlow" i am larry kudlow i want to begin by going back to yesterday'se occasions mr. biden referred to pay their fair share, he just kept repeating it. some left-wing poster probably told him it'll play well in progressive precincts.

i am very kudlow. the got a lot of breaking news today. much of it regarding bob.led federal in the responses. yesterday at least on this show, we took the view generally if colonel milley had in fact spoken to his counterpart general week without any knowledge the commander-in-chief donald trump be subject to

"kudlow" is next. ♪. larry: hello, everyone, welcome to "kudlow," i'm larry kudlow.gress any on of the budget bills as we convene here tonight. so far nothing on infrastructure, nothing on reconciliation, really even a continuing resolution to perhaps get the government through the next month, nothing on that and no progress on raising the debt ceiling. so even while jpmorgan ceo jamie dimon warned yesterday that a u.s. default on

"kudlow" is next. ♪. larry: hello, everyone, welcome to "kudlow." i'm larry kudlow.in this evening with some thoughts on today's senate hearing with treasury secretary janet yellen and fed chair jay powell and the hearing had the perfectly awful title, cares act oversight of the treasury and federal reserve, colon, supporting an equitable pandemic recovery. end quote. our first guest by the way, senator pat toomey and he

larry: hello, everyone, welcome to "kudlow." i'm larry kudlow.he bill but we still don't know exactly what's in this bill. for the latest let's go to hillary vaughn live from capitol hill in the swamp. good evening, hilly. reporter: larry, there is a lot stuffed into the social spending package but a lot leaves the price tag a mystery. the cbo has not offered their score how much these things will cost but they're pricey,

"kudlow" is next. ♪. larry: hello, everyone, welcome back to "kudlow." i'm larry kudlow. the bill. i think we've got them on the run. here to tell us all the latest is hillary vaughn, live from capitol hill. good evening, hillary. reporter: larry, well a surprise deal came with surprise guests, chuck seemer and treasury secretary janet yellen popped up at speaker pelosi's press conference to announce they made a framework agreement to pay for

larry kudlow is here to respond next. ♪ ♪ ys on your six, limu.oooooooooo... we are not getting you a helicopter. only pay for what you need. ♪ liberty. liberty. liberty. liberty. ♪ - oh, sister of mine. - mmm... - i got you this. - the new iphone 13 pro? - it's on verizon 5g - i can't believe you got me this! - yes, verizon is giving one to everyone when they trade in their old or damaged phone. - oh! so like every sister can get this? - yeah. - every aluminum siding installer? - why not? - every doula? - they would have to! every customer, new and old, can get iphone 13 pro on us. because everyone deserves better. - everyone! - horse trainers! - manicurists! - you get the new iphone! - we're alone. - i know. - what're we doing? - i don't know. why bother mastering something? why hand-tune an audio system? why include the most advanced active safety system in its class...standard? because when you want to create an entirely new feeling, the difference between excellence and mastery is all the difference in the world. the lexus es. every curve, ev

we thank you, sylvia jablonski, "kudlow" is -- ♪. larry: hello, everyone, welcome to "kudlow."eaking news tonight, folks. up on capitol hill secretary of state blinken went into day two of the catastrophic afghanistan hearings. this time in front of the senate foreign relations committee and he continues to blame donald trump. continues maintain nato and our allies were behind the budge bungled that it was smashing

"kudlow" is next. ♪. larry: hello, everyone, welcome to "kudlow." i'm larry kudlow.lated by terrorists from top to bottom. four of the five taliban ministers were released from guantanamo bay by the obama administration back in 2014 in exchange for an admitted u.s. army deserter, bowe bergdahl. i'm not even going to try to pro

ask for audience, larry kudlow, jimmy, kat timpf, an evil shannon bream. night" right now. watch it. ♪ ♪ >> shannon: hello, and welcome to "fox news @ night." i'm shannon bream in new york. breaking tonight, calls on the left to tax the supreme court cheating us again after the 5-4 decision not to halt the texas abortion law. our legal bream team looks to add to the nine as speaker nancy pelosi alleges the bill won't be made a law of the land even though the

"kudlow" is next. larry: hello, everyone, welcome back to "kudlow," i'm larry kudlow.ass warfare, tax hikes on hard-working americans and small businesses, repeating the democratic pat phrase, pay fair share seven times, pay your fair share. somebody who pays her fair share, hillary vaughn on capitol hill with much more on joe biden. good evening, hillary. re

"kudlow" coming up next. ♪. larry: hello, everyone, welcome to a special edition of "kudlow."ood to be with you. labor day is here. so this show is about labor in america. our beloved workforce. especially the middle income, blue-collar folks who literally have made this country great. they make our businesses work. they produce our goods and services, they're also the brave military people who defend our nation and our freedom in all parts of the world. american workers built this

welcome to "kudlow," i'm march key kudlow. larry kudlow.uantanamo baby the obama administration back in 2014 in exchange for an admitted u.s. army deserter, bowe bergdahl. i'm not going to

"kudlow" is next. ♪. larry: hello, everyone, welcome to "kudlow." i'm larry kudlow.is morning there's a blockbuster news article on the front page of "the wall street journal" written by ling wei. titled xi xinping aims to rein in chinese capitalism, to mao's socialist vision. in other words, xi is going mao.

larry: hello everyone and welcome to "kudlow" i am david asman and for larry kudlow.s were expecting a number three times that 728,000 pre-done employment dropped slightly to a pandemic low of five-point to percent the hourly wages were up only 0.6% that came in lower than the rate of

kudlow is next. ♪♪ larry: hello, welcome to kudlow, i am larry kudlow.ending plan is paid for. really? are you sure, mr. president? will have to dig in a bit on that. first, the size of the spending plan is not 3.5 trillion. scored by the cbo on a ten year basis, it's going to be at least four and aal

"kudlow" is next. larry: welcome back to "kudlow." i'm larry kudlow.eckless budget reconciliation plan that's under discussion in congress now. of course i continue to argue that passage of this five trillion dollar monstrosity will inflict great damage on the economy. you've got massive spending, no workfare requirements. across the board tax penalties on productive workers, huge new regulatory obstacles, a green new deal that will jack up the pr

foxbusiness anchor larry kudlow says this would turn america into a welfare state. >> not one stipulation, not one that you have to work, no work requirements and no education requirements is that will damage the soul of america. to the heart of american culture. we don't need this bill or any part of it. i'm saying to you save america, kill the bill, save america and kill the bill. we do not need this. it will harm our country at home and it will also harm our country abroad because of the perceived weakness. >> kudlow warns biden's tax hikes will hurt the middle class. turning to the border crisis thousands of haitian migrants are accepting president biden's open border invitation and more on the way. todd: griff jenkins in mexico word 2000 are seeking refuge on their journey to america. >> or the office of refugee assistance the doors are closed but this year they've had more than 77,000 migrants coming here. officials say more than 10,000 are haitians, you can see many standby waiting for the doors to open tomorrow, the migrants worn these necessary work permits and registration paper

. ♪♪ edition of larry kudlow labor in america, i am larry kudlow is good to be with you so labor dayly the middle income, the blue-collar folks who literally have made this country great. they make our businesses were come they produce our goods and services there also the brave military people who defend our nation and our freedom in all parts of theor

you want more of larry kudlow, 4:00 in the fox business network.st about this? the part that i really loved was larry set up oh, i forgot about the $1.2 trillion. [laughs] is not where we are? >> sandra: thanks for >> martha: thanks, guys. good to see everybody. good afternoon for a monday. i'm martha maccallum in new york. this is the big story of this week. it is a very important week for president joe biden. >> [question inaudible] >> victory is what is at stake. >> so can he thread the needle on this enormous spending package that larry kudlow was just talking about? $4 trillion. some say 5.5

larry: hello, everyone, welcome to "kudlow." i'm larry kudlow.ay. much of it regarding the bob woodward, robert costa book called, "peril" the responses to it. yesterday at least on this show, we took the view, generally, if general milley had in fact spoken to his counterpart general li, without any knowledge of the commander-in-chief donald trump that general milley would be subject to forced resignation or

larry: hello everyone welcome to "kudlow" i am larry kudlow there is lots of breaking news tonight, upatastrophic afghanistan hearings, this time in front of the senate foreign relations committee and he continues to blame donald trump and maintain that nato and her allies were completely behind the effort and continues to argue it was a smashing

. >> martha: larry kudlow, a former white house economic adviser joins me now. great to have you with us today. you think this is going down? >> i do. i think reconciliation as we know it is dead. i think joe manchin saved them last night. a great statement. you played a lot of the great clips. buried it. they may renegotiation a budget resolution. that's the only way to go. they don't have one for next year unless they use a continuing resolution for the whole year, this is dead. what is in the house ways and means committee, what is in the house budget committee, holed up in the house rules committee, manchin put a stakes through it and senator sinema. there's no senate reconciliation package. the senate finance committee never put up his tax increases as you probably know. if you had one and put it on the floor, it would lose 52-48. over. dead. >> martha: i'm watching jen psaki. we're still working on it. one of the things that strikes me, the question that came from the back of the room. what is it that the president wants? what is he fighting for? what is t

. ♪ >> hello everyone welcome to "kudlow" i am larry kudlow i want to begin by going back to yesterday'say recall on eight separate occasions mr. biden referred to pay their fair share, he just kept repeating it. some left-wing poster probably told him it'll play well in progressive precincts.

hello, welcome to kudlow. i am larry kudlow. could be to with you.rs. for today, i'm reading one of my favorite, the new york post. i started at the back where the sports section is, cole pitched a fabulous seven innings. he struck out 15 and stopped for game losing streak. i am a

i'm larry kudlow. i'm a local. when penguin random house started organizing this house -- which one? that works. this one doesn't sound great. we'll do what we can. yeah. they said a while back when we finally got this thing written and published, it is good to have a couple local book stores. and i said, how about across the street? they said terrific idea. we're going to do a bunch of these around the country. we've done tons and tons of media. people have been wonderful to us. a lovely op ed piece was published in the "wall street journal." this is my co-author and friend, brian domitrovic. brian is either the curator or the head of the -- >> the senior associate. >> the senior associate. long time friend of mine. his prior book was about the classical side revival going on. and he's a harvard trained historian. as i've said before, his history is the glue that held this together. i want to read a few excerpts from this thing. you can get a fell for and it then brian will speak on whatever he wishes to speak abo

larry kudlow, your reaction as we see investors reacting right away markets were down 70 points on dowur you have a very strong economy. by the way, does not need five trillion dollars of additional spending, doesn't need three trillion dollars of higher taxes that would throw a wet blanket to ever economy these are very strong numbers earlier this week we had very strong industrial production, very strong business equipment investment you know, in this -- helps productivity and higher real worker wages. this you know, antibroke don't fix it for heaven's sakes the moral shows once again, all this stuff is driven by left wing ideology woke stuff this isn't real economic conditions in u.s. very, very strong flakes a bit too high growth is good. the labor markets coming back, you got rid of the 300 dollar plus up -- 10 days ago that is going to help get more people, into the opening the job openings, a great story maria. and obl thing that is bad about the story, is the direction and substance and details of what washington thinks it is going to do to us. maria: look i know, larry, every

welcome back to "kudlow," i'm larry e kudlow.class warfare. tax hikes on americans and small businesses and, of course, repeating the democratic phrase pay fair share seven times. pay your fair share. somebody who pays their fair share, hillary vaughn -- [laughter] on capitolit hill. good evening, hillary. >> reporter: well, if there

hello, welcome to kudlow. i am very kudlow. the got a lot of breaking news today.bob. reporter: robert called federal in the responses. yesterday at least on this show, we took the view generally if colonel milley had in fact spoken to his counterpart general week without any knowledge the commander-in-chief donald trump be subject to

larry: welcome back to "kudlow." i'm larry kudlow.urse i continue to argue that passage of this five trillion dollar monstrosity will economy. you've got massive

larry: hello, everyone, welcome to "kudlow." i'm larry kudlow.it? key democratic committees, house ways and means and senate finance are marking up massive unheard of spending and taxes plans right now as we speak. but they're not telling the public what they're really up to. so the answer to what do they hide and when do they hide it is, they're hiding it right now but information is startingo

larry: hello, everyone, welcome back to "kudlow," i'm larry kudlow.orking americans and small businesses, repeating the democratic pat phrase, pay fair share seven times, pay your fair share. somebody who pays her fair share, hillary vaughn on capitol hill with much more on joe biden. good evening, hillary. reporter:ar

. ♪ larry: hello everyone, i am larry kudlow and welcome to kudlow and we have a lot of breaking newse show, generally if the general had spoken to the chinese counterpart general leave without any knowledge of the commander-in-chief donald trump, that he would be subject to forced

larry: hello, everyone, welcome to kudlow, i'm larry kudlow.t joe biden. you may recall that on eight separate occasions, mr. biden referred to pay their fair share he just kept repeating it. i guess some left wing pollster probably told him that it'll play well in progressive precincts. now, as you may have guessed this performance and its content

. ♪♪ larry: welcome back to "kudlow." i'm larryw. kudlow. plan that's under discussion in congress now. of course, i continue to argue that passage ofth this $5 trilln monstrosity will inflict great damage on the economy. you've got massive spending, no work requirements, across the board taxme penalties on productive workers, huge new regulatory obstacles, a green new deal that will jack up the price of power and severel