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May 13, 2016
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here's trump last night on fox. >> as you know, larry kudlow is in love with my plan and larry kudlowreally he likes my plan the best. but my plan is the biggest cut of anybody. i have the biggest tax cut of anyone. remember, when i put in the proposal and proposed rates and everything else, it's going to be negotiated. you're not going to put in and everyone will say that's wonderful, i'm going to leave it right there. >> joining me now, larry kudlow, senior contributor to cnbc. i think i saw you nodding your head there, though. there has been the question when he's said he was okay with rates going up on the wealthy, was he talking about from where they are right now or from the plan he put out last september? >> from the plan he put out last september. now, not everyone in the trump camp has looked favorably at what steve moore and i are doing, but i believe mr. trump is. all we're doing, we're the committee to unleash prosperity, steve moore, myself, steve forbes and arthur laffert. we're working with trump staff to try to tweak certain parts of this thing. for example, as mr. tru
here's trump last night on fox. >> as you know, larry kudlow is in love with my plan and larry kudlowreally he likes my plan the best. but my plan is the biggest cut of anybody. i have the biggest tax cut of anyone. remember, when i put in the proposal and proposed rates and everything else, it's going to be negotiated. you're not going to put in and everyone will say that's wonderful, i'm going to leave it right there. >> joining me now, larry kudlow, senior contributor to cnbc. i...
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May 18, 2016
05/16
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the likes of which include larry kudlow, steve moore, maybe some others. give it some time.nd then the release of these 11 supreme court justice ideas to replace antonin scalia. see a trend here? alabama republican senator jeff sessions might be that trend setter. joins us right now. senator, good to have you. >> good. neil, nice to be with you. good day. >> what is this about, senator? i mean, obviously donald trump has come under some criticism that, you know, he's been on his own in this campaign, very effective at it but he's assembling, i guess would you call it his foreign policy, economic bona fides? how would you describe it? >> i would think this is exactly where i've expected him to go and where he's now going. this list of judges is fabulous. i think all of those who like myself believe that the judges should interpret the constitution and follow the constitution and serve under the constitution are going to like this list of highly competent scholars and judges, and henry hisi i kissinger, of course, just a fabulous thinker on anybody dealing with foreign policy
the likes of which include larry kudlow, steve moore, maybe some others. give it some time.nd then the release of these 11 supreme court justice ideas to replace antonin scalia. see a trend here? alabama republican senator jeff sessions might be that trend setter. joins us right now. senator, good to have you. >> good. neil, nice to be with you. good day. >> what is this about, senator? i mean, obviously donald trump has come under some criticism that, you know, he's been on his own...
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May 5, 2016
05/16
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joining me, larry kudlow and back with us, ed rogers. let's pick up with barry diller said.s a backer of the clinton campaign. it's interesting to try and understand exactly what he's saying there and why he's saying it. whether it's the belief that effectively trump has cleared the fields with those sorts of tactics or it drives to the fear of how he's going to take hillary clinton on. we were at the white house correspondents dinner at the weekend and the word is it's all about monica lewinsky and he can devastate her public standing by reigniting that controversy. >> he could, he could. first and foremost donald trump has run on key issues that most of the other republican candidates were either late to the party or didn't understand. the populist economic revolt going on in america where a middle class wage earners have not had a wage rise since the year 2000. literally. there's a long time. they want to throw out the washington establishment, they want an outsider. trump tapped into all that stuff and he did a very good job. now, look, simon, he is who he is, i am who i
joining me, larry kudlow and back with us, ed rogers. let's pick up with barry diller said.s a backer of the clinton campaign. it's interesting to try and understand exactly what he's saying there and why he's saying it. whether it's the belief that effectively trump has cleared the fields with those sorts of tactics or it drives to the fear of how he's going to take hillary clinton on. we were at the white house correspondents dinner at the weekend and the word is it's all about monica...
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May 13, 2016
05/16
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larry kudlow weighs in after this.re's a lot of places you never want to see "$7.95." [ beep ] but you'll be glad to see it here. fidelity -- where smarter investors will always be. if only the signs were as obvious when you trade. fidelity's active trader pro can help you find smarter entry and exit points and can help protect your potential profits. fidelity -- where smarter investors will always be. [ that's a good thing, eligible for medicare? but it doesn't cover everything. only about 80% of your part b medical expenses. the rest is up to you. so consider an aarp medicare supplement insurance plan, insured by unitedhealthcare insurance company. like all standardized medicare supplement insurance plans, they could save you in out-of-pocket medical costs. call today to request a free decision guide. with these types of plans, you'll be able to visit any doctor or hospital that accepts medicare patients... plus, there are no networks, and virtually no referrals needed. join the millions who have already enrolled in
larry kudlow weighs in after this.re's a lot of places you never want to see "$7.95." [ beep ] but you'll be glad to see it here. fidelity -- where smarter investors will always be. if only the signs were as obvious when you trade. fidelity's active trader pro can help you find smarter entry and exit points and can help protect your potential profits. fidelity -- where smarter investors will always be. [ that's a good thing, eligible for medicare? but it doesn't cover everything. only...
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May 15, 2016
05/16
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what larry kudlow and i have been advising the trump campaign is, look, you can do this plan, you can down, you can pay -- you can cut the costs from right now estimated $10 trillion to less than half of that by just tweaking the system and, by the way, one of the things -- >> get rid of those loopholes and deductions for high-income people. not middle class people. and bring the rate down. i think that would be pro-growth. >> that will expand growth. >> right. and pay for the cuts. >> cuts we want. basically to ce growth in this economy which, as you know, is flat as can be, create more jobs, obviously make more people paying into t we need more revenue, the way we will get more revenue is getting people back to work. >> i think that president obama has not overseen one year of 3% growth in the last eight years. >> this is true, but look at where he started from. he started from the worst financial crisis that we have had since the great depression. >> but the question becomes after ten years what have you done about it? >> i have give you an amazing statistic. if we can increase the
what larry kudlow and i have been advising the trump campaign is, look, you can do this plan, you can down, you can pay -- you can cut the costs from right now estimated $10 trillion to less than half of that by just tweaking the system and, by the way, one of the things -- >> get rid of those loopholes and deductions for high-income people. not middle class people. and bring the rate down. i think that would be pro-growth. >> that will expand growth. >> right. and pay for the...
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May 17, 2016
05/16
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larry kudlow. art laffer, voted for bill clinton twice. >> right. david: could her assurance bill clinton have to do with economic policy if she is elected bring some of those people on board? >> no, i don't think so. even if she puts bubba in charge of the economy, you still have her. all the foreign policy and basic domestic policy will be in charge or she will be in charge of that. bill clinton was a competent president because he understood the art of governing which meant that when he had republican congress, who actually was, i think equally if not more responsible for some of the economic engine of the '90s, he knew how to work with them. david: understood, governor, but let's face it, for good or for bad a president is basically associated with the economy during his presidency. >> always. david: it was a good economy when bill clinton was president, and a lot had to do with what larry kudlow, art laffer, kept value of dollar going well. lowered capital-gains tax and reformed welfare. there were very food measures done under his presidency.
larry kudlow. art laffer, voted for bill clinton twice. >> right. david: could her assurance bill clinton have to do with economic policy if she is elected bring some of those people on board? >> no, i don't think so. even if she puts bubba in charge of the economy, you still have her. all the foreign policy and basic domestic policy will be in charge or she will be in charge of that. bill clinton was a competent president because he understood the art of governing which meant that...
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May 26, 2016
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barney frank, larry kudlow. thank you, guys. >>> oracle is responding to the lawsuit. to deirdre bosa with the details. >> reporter: we're outside of the courthouse. we're getting comments from both. we have statement from oracle. this is from oracle's general counsel dorian daily. we strongly believe google developed android by illegally helping. oracle brought this lute. we believe there are numerous grounding for appeal and we plan to bring this case back to the federal circuit on appeal. that gives you an indication of how oracle is feeling. our producer says oracle is smiling shaking handing while the attorneys are looking at their mobile phones. we also have a statement from google i'm going to read from you and here it is. google says -- their spokesperson says today's verdict says it represents a win for the android ecosystem, for the java programming community, and for software verps who rely on open and free throwing languages to build innovative comments. there you go. of course, the repercussions for this trial as google alluded to in the statement goes bey
barney frank, larry kudlow. thank you, guys. >>> oracle is responding to the lawsuit. to deirdre bosa with the details. >> reporter: we're outside of the courthouse. we're getting comments from both. we have statement from oracle. this is from oracle's general counsel dorian daily. we strongly believe google developed android by illegally helping. oracle brought this lute. we believe there are numerous grounding for appeal and we plan to bring this case back to the federal...
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May 13, 2016
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as you know larry kudlow is in love with my plan and he likes my plan the best, but my plan is the biggest cut of anybody. i have the biggest tax cut of anyone. but remember when i put in the proposal and proposed rates and everything else, it's going to be negotiated. you're not going to put in and everybody is going to say that's wonderful i'm going to leave it there. we're taking care of big league of the middle class and business. our business taxes are being reduced by a magnificent -- by a tremendous sum and i will say perhaps from my low proposal perhaps the wealthy will go a little bit up from that standpoint, but that's all i was saying. they're not going up. that's not a clarification. that's just all you have to do is read it. i'll tell you who covered it well, yesterday the wall street journal had an article that covered what i said so well because the writer got it. he understood it. it was covered so perfect. >> when you really think look at the latest numbers that have come out is this is the scarey part and i asked you a lot in almost every interview you have one in five fa
as you know larry kudlow is in love with my plan and he likes my plan the best, but my plan is the biggest cut of anybody. i have the biggest tax cut of anyone. but remember when i put in the proposal and proposed rates and everything else, it's going to be negotiated. you're not going to put in and everybody is going to say that's wonderful i'm going to leave it there. we're taking care of big league of the middle class and business. our business taxes are being reduced by a magnificent -- by...
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May 26, 2016
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we should point out larry kudlow was too, but what is interesting about this, if you want to establishonservative economic bonefides there is actually no better person to get than art laffer. he is the guy a lot of people attribute the reagan economic revolution of lower taxes and revenues coming in. neil: iconic figure. he liked bill clinton policies. he was a fan of jfk and his tax cuts. >> all about lowering taxes. remember bill clinton lowered capital gains taxes which art laffer was big proponent. we have a call out to laugher. he will get back to us. we will get the depths of this interesting relationship. neil, back to you. neil: cool, i. thanks, charlie gasparino. we announced a little while ago, it is official, wire services are dotting is, crossing ts, adding it up, 1238 donald trump appears to have won as republican leading candidate, only candidate for president of the united states. has one more that he needs. these last few stragglers who were uncommitted delegates who suddenly committed to him. before the final race of 300 delegates. he already won it. no republican has
we should point out larry kudlow was too, but what is interesting about this, if you want to establishonservative economic bonefides there is actually no better person to get than art laffer. he is the guy a lot of people attribute the reagan economic revolution of lower taxes and revenues coming in. neil: iconic figure. he liked bill clinton policies. he was a fan of jfk and his tax cuts. >> all about lowering taxes. remember bill clinton lowered capital gains taxes which art laffer was...
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May 5, 2016
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larry. >> mr. kudlow knows if you look at budgets written by house speaker ryan, passed by the house, senate, include a tax reform principle exactly like the ones that you're proposing. if you look at what dave camp talked about for years as chairman of ways and means, the draft he put forward, what we've done or what we did as house republicans -- >> it's this year -- >> scotty -- >> okay. >> you got to be aggressive. >> larry. >> look -- the whole point here is -- just close it. we never had a reconciliation battle. we never got stuff through both the house and the senate. the speaker of the house is a dear, dear friend of mine, my god, paul ryan, i've known him for ever, love the guy, love what his policies are but he would tell me time and time again, we'll never get it through the senate, the senate majority leader won't do it. my point, fine. your job is to go across and give them hell to get stuff through. that's important. >> scotty, you're a trump surrogate. trump, in many ways, i think, one of t
larry. >> mr. kudlow knows if you look at budgets written by house speaker ryan, passed by the house, senate, include a tax reform principle exactly like the ones that you're proposing. if you look at what dave camp talked about for years as chairman of ways and means, the draft he put forward, what we've done or what we did as house republicans -- >> it's this year -- >> scotty -- >> okay. >> you got to be aggressive. >> larry. >> look -- the whole...
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May 25, 2016
05/16
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even talking to larry kudlow and some of of these peoples, they would like to see him change that?and he won't and he shouldn't. he must continue to speak on behalf of american manufacturers. american companies can compete with anybody in world if it's a level playing field. but, for example, if you're competing against china and they continue after 15 gleeyears in stealing the ip and transfer reducing the expenses using sweat shop, using pollution havens. if you're in cleveland, or to-tt toledo, you can't compete with that. they're defending america from unfair trade practices. that's consistent with other trade practice i teach. the mccardian trade theory is based on floating trade exchange rates. that's not what trump had. >> free markets are meant to throw them off. >> as soon as you manipulate your currency you've got a cut. >> for him to -- for him to appeal to us, do you got a veep in mind? after foreign relations and senate? because i thought of some of the other ones, they all have their flaws. each one of them sort of has -- who would you suggest? >> well, we have heard a
even talking to larry kudlow and some of of these peoples, they would like to see him change that?and he won't and he shouldn't. he must continue to speak on behalf of american manufacturers. american companies can compete with anybody in world if it's a level playing field. but, for example, if you're competing against china and they continue after 15 gleeyears in stealing the ip and transfer reducing the expenses using sweat shop, using pollution havens. if you're in cleveland, or to-tt...
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May 27, 2016
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let's do bring in larry kudlow. does a profits recession which clearly we've been in portend a recession broader than that? >> it's big risk, high threat. that's the point i want to make. steve touched on it. >> better than 50/50. >> by the way, john riding is an old and former friend of mine. it is better than 50/50? perhaps not. on the other hand, profits and business investment are the life blood of the economy. profits themselves, i call them mother's milk of the stock market. and the numbers here allow -- i mean it's true. profits rose slightly. these are unadjusted numbers. you got look at the year on year. this is the third straight decline of year on year profits, okay, third quarterer in a row. 5.7%. >> deutsche bank is also looking at profit margin declines as a recession. >> i'm going to get to that. >> i'm sorry to cut you off. >> that's very important. domestic nonfinancial profits which is really the heart of the heart of the situation also third straight quarterly decline measured year on year. 5.6% d
let's do bring in larry kudlow. does a profits recession which clearly we've been in portend a recession broader than that? >> it's big risk, high threat. that's the point i want to make. steve touched on it. >> better than 50/50. >> by the way, john riding is an old and former friend of mine. it is better than 50/50? perhaps not. on the other hand, profits and business investment are the life blood of the economy. profits themselves, i call them mother's milk of the stock...
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May 18, 2016
05/16
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one way is to meet with guys like steve moore and larry kudlow were pretty smart. i will say this. they've ignored the advice in the past and that is where this thing get stacy. you know, we were talking yesterday about going down 20% of donald trump added that day. it is not out of the ordinary if you have a guy preaching protectionism all over the place on taxes and saying some crazy stuff about that for the markets to go down. your last guest to back that up. neil: again on the survey, a broad swath of the business community. we will see. thank you, my friend. as always, charlie gasparino. donald trump is not trying to shore things up, but the foreign policy credentials together. who better to check with dan henry kissinger? connell mcshane in midtown manhattan were against donald trump is coming to him. reporter: well, we think so, neil. we are not quite sure. the trump campaign has been so tightlipped about it. here at the kissinger office at the meeting does take place we expected to have been early afternoon on park avenue not very far from donald trump headquarters on fifth
one way is to meet with guys like steve moore and larry kudlow were pretty smart. i will say this. they've ignored the advice in the past and that is where this thing get stacy. you know, we were talking yesterday about going down 20% of donald trump added that day. it is not out of the ordinary if you have a guy preaching protectionism all over the place on taxes and saying some crazy stuff about that for the markets to go down. your last guest to back that up. neil: again on the survey, a...
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May 12, 2016
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larry kudlow will join us on set to break down some the intrigue.another big story on wall street, the retail sector of course in disarray. macy's ld -- more coming up on the show. so doctors and hospitals can identify high-risk patients. like me... asthma... potential hospital visit. so now thanks to optum, this asthma thing's under control. gravity not so much. this is healthier, powered by optum. from health plans to providers to employers. we connect all parts of health care. healthier is here. man 1: i came as fast as i man 2: this isn't public yet. man 1: what isn't? man 2: we've been attacked. man 1: the network? man 2: shhhh. man 1: when did this happen? man 2: over the last six months. man 1: how did we miss it? man 2: we caught it, just not in time. man 1: who? how? man 2: not sure, probably off-shore, foreign, pros. man 1: what did they get? man 2: what didn't they get. man 1: i need to call mike... man 2: don't use your phone. it's not just security, it's defense. bae systems. >>> mr. trump goes to washington. the presumptive presidentia
larry kudlow will join us on set to break down some the intrigue.another big story on wall street, the retail sector of course in disarray. macy's ld -- more coming up on the show. so doctors and hospitals can identify high-risk patients. like me... asthma... potential hospital visit. so now thanks to optum, this asthma thing's under control. gravity not so much. this is healthier, powered by optum. from health plans to providers to employers. we connect all parts of health care. healthier is...
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if you look at larry kudlow, he says it's a great plan.the plan. >> but more to the wealthy than everyone else. >> george, i say this to people all the time. i make deals. i negotiate. i put in a plan that has a massive, massive -- bigger than any other candidate. we have to negotiate with congress. i'm not going to be able to say, like president obama, let's do an executive order. okay? it would be wonderful. it would be a lot easier. you can't do it. you're not supposed to do it. he may do something. much of what he's done will be overturned by the courts. what i'm doing is i'm putting in a plan, and that's my maximum plan. it's what i want. >> do you want taxes on the wealthy to go up or down? >> they will go up a little bit. and they may go up, you know -- >> but they're going down in your plan. >> no, no, in my plan they're going down. by the time it's negotiated, they'll go up. i'm negotiating with the democrats, i'm putting in my optimum plan. it's going to be negotiated. it's not going to stay there. they're not going to say, there
if you look at larry kudlow, he says it's a great plan.the plan. >> but more to the wealthy than everyone else. >> george, i say this to people all the time. i make deals. i negotiate. i put in a plan that has a massive, massive -- bigger than any other candidate. we have to negotiate with congress. i'm not going to be able to say, like president obama, let's do an executive order. okay? it would be wonderful. it would be a lot easier. you can't do it. you're not supposed to do it....
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May 20, 2016
05/16
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to win over economic doubters by starting to assemble a economic team, likes of which include larry kudlow to follow. having better than one hour session with henry kissinger at henry kissinger's apartment. he is dotting the is. he is crossing the ts. why is it so many he other gop voters are still saying anyone but him? after this. neil: sometimes i think president obama is obsessed with donald trump. he constantly mentions him. so the whole zika thing comes up with the president talking about how we need more funding, among some of the other remarks he makeses in this quick oval office address, we can't build a wall to keep out zika. really? i don't know. that sounded like we obsess a bit much. meantime, this issue with donald trump does keep coming up, whether it is the president who seems obsessed about the guy and the fact ironically he is leading in national polls now when the president all but dismisses him as a laughable candidate. whatever your personal views about him that has changed apparently and the fact, even those who are bucking donald trump within their own party, now see
to win over economic doubters by starting to assemble a economic team, likes of which include larry kudlow to follow. having better than one hour session with henry kissinger at henry kissinger's apartment. he is dotting the is. he is crossing the ts. why is it so many he other gop voters are still saying anyone but him? after this. neil: sometimes i think president obama is obsessed with donald trump. he constantly mentions him. so the whole zika thing comes up with the president talking about...
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May 6, 2016
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let's bring in larry kudlow for his reaction.ngs off -- thank you for joining us -- to the jobs report. >> the jobs report was mixed as you discussed. look. wages were better. jobs were slower. i just -- i have a hunch that we're going to see slower jobs going forward, kelly. as we talked before, i think business is in a mild recession, not yet the whole economy. i don't see that. but you've got falling business investment, falling profits, falling profit margins and falling industrial production. since business creates jobs, i think you're going to see slower job creation in the future. it's not a catastrophe but the economy is in low gear. >> it's unusual, isn't it, larry? we had the rebound and collapse. do you think we stay stuck in this mild recession or does it get worse? >> well, that's a good question. this is a very peculiar cycle. you've had a lot of anti-business regulation passed on. the animal spirits haven't been around for many different reasons. you know, the financial system itself is still very clogged. so i thi
let's bring in larry kudlow for his reaction.ngs off -- thank you for joining us -- to the jobs report. >> the jobs report was mixed as you discussed. look. wages were better. jobs were slower. i just -- i have a hunch that we're going to see slower jobs going forward, kelly. as we talked before, i think business is in a mild recession, not yet the whole economy. i don't see that. but you've got falling business investment, falling profits, falling profit margins and falling industrial...
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May 3, 2016
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. >> larry is here, larry kudlow is here. >> going to introduce you but the man needs no introduction>> i'm larry from cnbc. list of all, first of all, it's not a rich man's gas. cap tail gains is a double tax on corporate profits. >> yes. >> a double tax on corporate profits so you've got to really say 20% times two, plus the surtax from obamacare. second, lots and lots and lots of middle class people, including unions, most particularly government union people, are invested in pension funds. >> right. >> which are invested heavily in stocks. >> that's true. >> stocks would react very adversely if you increased the double tax on profits. stock value has to come down, so it isn't just a rich person's tax. >> we have gnarled bernstein with us, a senior fellow on the center of budget and policy priorities. larry, your problem, like mine, isn't with the idea that labor and capital might well be taxed at the same rate. >> yes. >> it's just bring the rate on labor down. >> listen -- >> to match capital. >> there you go. that's -- >> and gates mentioned that as a possibility but said that w
. >> larry is here, larry kudlow is here. >> going to introduce you but the man needs no introduction>> i'm larry from cnbc. list of all, first of all, it's not a rich man's gas. cap tail gains is a double tax on corporate profits. >> yes. >> a double tax on corporate profits so you've got to really say 20% times two, plus the surtax from obamacare. second, lots and lots and lots of middle class people, including unions, most particularly government union people,...
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May 16, 2016
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he brought in somebody i think is very smart, larry kudlow to help fine tune his path to economic policyow. right. >> so i think -- listen, if you're expecting him to have talking points like every other politician, don't hold your breath. you're not going to survive. >> with all due respect, sean, this is easy stuff. he has a tax plan. it's pretty simple where it was, what the rates were. even before he got to the negotiating table, and this is what worries me as a free market person, he wasn't even at the negotiating table and he started talking up the -- the lowest rate. he started saying maybe my rates should go up. by the way, that chapter was not in the art of the deal. >> charlie -- >> he said his rates -- he said maybe -- >> hang on. >> by the way, it was such a -- >> lower his taxes across the board, charlie. >> and eric -- >> you're wrong. >> one at a time. >> charlie, would you rather have 90% bernie sanders or maybe 65% hillary clinton or 28% donald trump? >> think about this. >> take your pick. >> all right. i got to wrap this up. charlie, let someone else talk. >> you're go
he brought in somebody i think is very smart, larry kudlow to help fine tune his path to economic policyow. right. >> so i think -- listen, if you're expecting him to have talking points like every other politician, don't hold your breath. you're not going to survive. >> with all due respect, sean, this is easy stuff. he has a tax plan. it's pretty simple where it was, what the rates were. even before he got to the negotiating table, and this is what worries me as a free market...
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May 12, 2016
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larry kudlow and i and a couple of other economists have said if you tweak this a little bit, you canreduce the cost. >> but you don't know what he was saying. >> he told us what he was saying, he said later that what he meant was he may not be able to lower rates quite as much as he had hoped to. but my point is that it's still going to be a big tax rate reducti reduction. i actually think if you get these rates down, especially on the business side, because you're going to get more tax revenue because you're going to grow the economy. businesses will come back. donald trump is talking about a 15% corporate tax rate, that would take america from one of the highest in the world to one of the lowest in the world. everybody knows this except for hillary clinton. >>> if you cut those rates that much, burger king and businesses like that are coming back. >> it's going to cost 10 trillion at a minimum over sick years, and drive us deeper into the red, you say what? >> i say every time you increase the economic growth rate by 1 percentage point, i'm going to give you a little bit of math he
larry kudlow and i and a couple of other economists have said if you tweak this a little bit, you canreduce the cost. >> but you don't know what he was saying. >> he told us what he was saying, he said later that what he meant was he may not be able to lower rates quite as much as he had hoped to. but my point is that it's still going to be a big tax rate reducti reduction. i actually think if you get these rates down, especially on the business side, because you're going to get...
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he brought in somebody pretty smart, larry kudlow to help fine tune the tax and economic policy. >> i if you are expecting him to have talking points like every other politician don't hold your breath. you won't survive. >> with all due respect this is easy stuff. he has a tax plan. it's simple where it was. even before he got to the negotiating table. this worries me as a free market person. he wasn't at the negotiating table and he talked up the lowest rate saying maybe my rates should go up. that chapter wasn't in "the art of the deal." [ speaking at the same time ] >> one at a time. [ speaking at the same time ] >> all right. i have to wrap it up. charlie, let someone else talk. >> if donald trump gets elected president you would have a republican congress. he won't have to negotiate. >> kimberly, last word. >> i don't understand where charlie is going with this. i get you don't like the guy. but really? are you team hillary? she's a job destroyer and has no clue -- >> i'm team nobody. >> that's a winning solution for america. >> team nobody. that means you might as well vote for
he brought in somebody pretty smart, larry kudlow to help fine tune the tax and economic policy. >> i if you are expecting him to have talking points like every other politician don't hold your breath. you won't survive. >> with all due respect this is easy stuff. he has a tax plan. it's simple where it was. even before he got to the negotiating table. this worries me as a free market person. he wasn't at the negotiating table and he talked up the lowest rate saying maybe my rates...
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May 8, 2016
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if you look at larry kudlow, he says it's a great plan. i make deals. i negotiate.a plan that has a massive, massive -- bigger than any other candidate. we have to negotiate with congress. i'm not going to be able to say, like president obama, let's do an executive order. you continue do an't do it. you're not supposed to do it. much of what he's done will be overturned by the courts. i'm putting in a plan, that's my maximum plan. >> do you want taxes on the wealthy to go up or down? >> they will go up a little bit. an >> but they're going down in your plan. >> by the time it's negotiated, they'll go up. i'm negotiating with the democrats, i'm putting in my optimum plan. it's going to be negotiated. they're going to say let's see what we can do. it will be a negotiation. i'll try to keep everything. what i really want is lower on business. business, we're the highest taxed nation in the world. i want lower in the middle class. the middle class in this country is getting decimated. i'll fight like hell for that. >> but people like me and you should pay more? >> i don
if you look at larry kudlow, he says it's a great plan. i make deals. i negotiate.a plan that has a massive, massive -- bigger than any other candidate. we have to negotiate with congress. i'm not going to be able to say, like president obama, let's do an executive order. you continue do an't do it. you're not supposed to do it. much of what he's done will be overturned by the courts. i'm putting in a plan, that's my maximum plan. >> do you want taxes on the wealthy to go up or down?...
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May 13, 2016
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larry kudlow is on set with me. he has a question are for y. >> reporter: i used to do his show. i miss it. >> i told him that. great report. what in your interview with kathie mcmorris rogers, she's the first person to talk about disrupter, and i think she used the word outsider. but i know she said disrupter and she said, it's okay, we'll work with a disrupter. now that's what's going on here as you well know. that's trump's whole message. i have not heard other republicans welcome that, but maybe they're going to have to, and maybe they're learning. >> reporter: mcmorris rogers coming from washington state, a place that is very well known for its disruption, the birth place of amazon, the birth place of grunge music, right? two things that completely disrupted what the status quo was. i think it's a very keen insight you have there, larry, is that something republicans feel they can grab a hold of? remember, the 2010, republican tea party class, that was a political disruption if there ever was one. my goodness,
larry kudlow is on set with me. he has a question are for y. >> reporter: i used to do his show. i miss it. >> i told him that. great report. what in your interview with kathie mcmorris rogers, she's the first person to talk about disrupter, and i think she used the word outsider. but i know she said disrupter and she said, it's okay, we'll work with a disrupter. now that's what's going on here as you well know. that's trump's whole message. i have not heard other republicans...
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May 12, 2016
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i also understand that some people like steve moore and larry kudlow and others are working on his economic and tax proposals. those are close economic allies and advisers of paul ryan. so there's some positive things for trump to say to paul ryan today and make this a good start to a relationship. >> what would it take if paul ryan, we've heard from our reporting there that paul ryan wants to find a way to support donald trump. what do you think that would take? what do you think he needs to do to do that? >> i think a lot of it is tone. the thing that donald trump needs to understand about paul ryan, and a fairly easy meeting for mr. trump. paul ryan, very nice guy, but also he's a guy who has no -- >> i hate to do this. we're in a breaking news situation. if i can interrupt your thought rudely and ask you to stand by. luke russert is there with a top republican congressman. luke, take it away. >> i'm here with tom coal of oklahoma. what your expectations from this meeting? there's a lot of division in regards to donald trump. do you think ryan can take something back that would allow you
i also understand that some people like steve moore and larry kudlow and others are working on his economic and tax proposals. those are close economic allies and advisers of paul ryan. so there's some positive things for trump to say to paul ryan today and make this a good start to a relationship. >> what would it take if paul ryan, we've heard from our reporting there that paul ryan wants to find a way to support donald trump. what do you think that would take? what do you think he...
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May 19, 2016
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let's bring in larry kudlow. oughts on with the data last week, what we heard in the fed minutes and now today, dudley. >> no. >> no hike? >> no. don't do anything. >> that's what you think they should do or that's what you know -- you think they're going to do? >> i don't know. but i think they will not raise their target rate in june. i dmot think they'll raise the target rate in july unless you get a very significant bounce in higher inflation which we simply had not seen. inflation spreads in the bond market which yellen looks at. those things 150, 160 basis points. haven't really moved. it's a very low number. commodity indices have been flat over the year. the dollar is flat over the year. i don't see anything that suggests inflation breakout. and that ought to be the fed's principle number one criteria. is there or is there not a big inflation wave coming? the story in the "wall street journal" today, he thinks inflation is overstated by lousy accounting. he is probably right. my advice to the fed, stay put
let's bring in larry kudlow. oughts on with the data last week, what we heard in the fed minutes and now today, dudley. >> no. >> no hike? >> no. don't do anything. >> that's what you think they should do or that's what you know -- you think they're going to do? >> i don't know. but i think they will not raise their target rate in june. i dmot think they'll raise the target rate in july unless you get a very significant bounce in higher inflation which we simply...
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i've heard larry kudlow say it. technology by its very definition is extraordinarily deflationaire.hen you start talking bond yields and this puzzlement to why they're so low, i think about the age we live in and understand that we're in a huge inflationaire cycle offset by inflationaire element bus the wrong type. you have it. almost by definition, that can't end well. >> let me make the point. you know, the shares are up 25% on a buyout. what do doughnuts have? they have pricing power, right? ultimately you're going to be able to ratchet it up. >> hershey's says they get their nickel and dime. ly point out. crispy traded in the mid-40s 13 years ago. >> there's your price deflation overtim over time. >> they gone through every as spoefgt the blass sheet and turned the cost center into a revenue stream. whether you look at it in terms of it. transportation costs, they're starting to bring more of that. look at the deals that continue to sign up with atlas and others. it's not just about retail earnings season. >> neighbor it could be turned into something else. i know a lot of indus
i've heard larry kudlow say it. technology by its very definition is extraordinarily deflationaire.hen you start talking bond yields and this puzzlement to why they're so low, i think about the age we live in and understand that we're in a huge inflationaire cycle offset by inflationaire element bus the wrong type. you have it. almost by definition, that can't end well. >> let me make the point. you know, the shares are up 25% on a buyout. what do doughnuts have? they have pricing power,...
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>> well, larry kudlow and i met with mr. trump about a month ago. we've been working with his policy staff. so it's been fun. now, look. like on the tax plan, he has a tax plan, charles. he wrote that many months before we got involved, charles. what we're trying to do is tweak is a little bit. find way to refine it and improve it. when we met with him he was very open minded. by the way, these reports that he's backing off his tax plan, those are completely false. completely false. charles: one of your misgivings with donald trump and some of the others -- >> i know where you're going. charles: yeah. let's trade; right? let's talk about this. >> yeah. charles: the populous movement right now is that trade has hurt america, and it's propelled bernie sanders to almost, you know, certainly within striking distance of the democratic nomination. >> yeah. charles: and it has donald trump extraordinarily competitive in those key swing states. >> you're right. so i'm a free trader. you are a free trader. we know that free trade leads to more growth everywh
>> well, larry kudlow and i met with mr. trump about a month ago. we've been working with his policy staff. so it's been fun. now, look. like on the tax plan, he has a tax plan, charles. he wrote that many months before we got involved, charles. what we're trying to do is tweak is a little bit. find way to refine it and improve it. when we met with him he was very open minded. by the way, these reports that he's backing off his tax plan, those are completely false. completely false....
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. >>> cnbc senior contributor larry kudlow and "washington post" columnist are us with. recently wrote a column talking about the dangers implis it in a trade war if it comes to that in a trump presidency. explain. >> so donald trump has said initially that we need not worry about a trade war. he will intimidate our trading partners so sufficiently that they'll just cower in terror and not retaliate. more recently he said who the hell cares about a trade war? something to that effect. my response is that everyone should care. because if you look at what economists say about what would happen if we impose the kinds of terrorists that donald trump is -- >> 35% mexico, 45% on chinese goods or vice versa. >> i think it's 45 china, 35 mexico. in any case, yes. that would probably destroy those country's economies and bring ours down with them. >> larry, is trade, which has been one of the areas where you've been critical of mr. trump, it is the main one economically that you part ways with him? and do we need to worry about a trade war? how bad would it be? >> look, i think k
. >>> cnbc senior contributor larry kudlow and "washington post" columnist are us with. recently wrote a column talking about the dangers implis it in a trade war if it comes to that in a trump presidency. explain. >> so donald trump has said initially that we need not worry about a trade war. he will intimidate our trading partners so sufficiently that they'll just cower in terror and not retaliate. more recently he said who the hell cares about a trade war? something...
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May 12, 2016
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. >> let's bring in our senior contributor larry kudlow and sarah taggian. sarah, you have been very critical of donald trump. are you relieved by what you heard this morning? >> well, i do think the party needs to be unified. i would like to see donald trump and paul ryan come together on a tax plan that's more in line with what paul ryan is likely to put out. and i really read their statements and ryan's pretty enthusiastic comments after that meeting as such -- as. that we know ryan is going to put something out before the convention or so he said. donald trump has been all over the board and willing to be malleable. i think it would be very good for the republican party to adopt a paul ryan approach here. >> larry sh your assessment? >> i agree with what john harwood reported. i mean my watch word is where there's a will there's a way. i think there is a will. it is a process for sure. and i think they're walking through this process and they will get unity. having said that, i think they're going to be issues. i don't think there's going to be complete
. >> let's bring in our senior contributor larry kudlow and sarah taggian. sarah, you have been very critical of donald trump. are you relieved by what you heard this morning? >> well, i do think the party needs to be unified. i would like to see donald trump and paul ryan come together on a tax plan that's more in line with what paul ryan is likely to put out. and i really read their statements and ryan's pretty enthusiastic comments after that meeting as such -- as. that we know...
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. >> let's ask you to stick around and hear from larry kudlow, our cnbc contributor. >> sure. >> howou grade the job recovery or the job market today? >> i would probably give it a "b." i think both sides are right. the data is the data. the trouble with this story though from really almost the beginning is that part-time for economic reasons has been higher than it ought to be, way higher. it has come down, but it's higher than it ought to be. the participation rates, the employment population ratio higher -- much lower than it ought to be. one puzzle in this is 65 and older, their participation rate has gone up. >> going back to work. >> 55 and older, their participation rate has gone up and 25 to 54, that's really the backbone of the labor force their participation rate has gone down so what ought to be has not been happening in this story and if you compare peak to peak. i don't want to go there. jobs have been created. some of my colleagues on the conservative side deny that, it's undeniable, but we've lost a lot of people in the work force. somehow or other we've lost them. >>
. >> let's ask you to stick around and hear from larry kudlow, our cnbc contributor. >> sure. >> howou grade the job recovery or the job market today? >> i would probably give it a "b." i think both sides are right. the data is the data. the trouble with this story though from really almost the beginning is that part-time for economic reasons has been higher than it ought to be, way higher. it has come down, but it's higher than it ought to be. the...
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so he has also hired, he is conducting with larry kudlow, with steven moore, an economist to help reshapehe has presented previous when i the tax structure and how to grow the economy. >> some people saying he is flip flopping on his ideas in terms of taxes. >> you may take all of that. people vote for who they want in their living room the next four years. they've already had him in their living room with the "the apprentice." they like the guy. he speaks to them. it doesn't matter that he lives the lifestyle of the rich and famous in many respects. it matters that he has been able to speak to them. >> some some ways, hand this taken away one of the great issues? i identify with the working guy? with the quote/unquote, little guy? bill clinton was the master communicator when it came to that. now trump seems to own that auth authenticity. >> you might have people that feel one way in the primary and then perhaps we'll see, change their mind or don't vote or stay home or something. >> that's why hillary clinton is saying my husband will handle the economy. >> not just the economy. she's g
so he has also hired, he is conducting with larry kudlow, with steven moore, an economist to help reshapehe has presented previous when i the tax structure and how to grow the economy. >> some people saying he is flip flopping on his ideas in terms of taxes. >> you may take all of that. people vote for who they want in their living room the next four years. they've already had him in their living room with the "the apprentice." they like the guy. he speaks to them. it...
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May 23, 2016
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well larry kudlow my famous reagan columnist did meet last week an jeff is, you know, very high up inrarchy of the trump campaign no question about it. and i can't tell you all of the specific details that we talked about but i will tell you this he reenforce the idea that donald trump is totally committed to this tax cut plan. stuart i know there were these stories all last week that might be you might want to abandon tax cult. just said look this is one was single most important things donald trump wants to do. he also talked about about, you know, bring the the budget down and getting, you know, jeff was the budget committee chairman in the senate for almost four, five years he know it is that budget better than anybody and he said look we're going to work together to bring this budget deficit down and balance the budget for if the first time in 25 years. >> i think that's what a lot of people want to hear some clarity on the tax cut from donald trump if he becomes the president. that's what people want to hear about. steve we've got another one for you. lon to what hillary clinton
well larry kudlow my famous reagan columnist did meet last week an jeff is, you know, very high up inrarchy of the trump campaign no question about it. and i can't tell you all of the specific details that we talked about but i will tell you this he reenforce the idea that donald trump is totally committed to this tax cut plan. stuart i know there were these stories all last week that might be you might want to abandon tax cult. just said look this is one was single most important things donald...
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you have kudlow and steve moore and larry kudlow coming out with working with mr.his economic and his tax plan, saying it's a good plan. you really are seeing a shift. i think it's justified. i agree with it. i am there on donald trump. >> what about the consistency issue, or inconsistency issue? >> on hillary? oh, on trump. okay. i'm sorry. i thought you meant -- because she has been so consistent. >> it's much easier to say -- she has been more consistent on issues than trump has. >> what about tpp, what about keystone? >> i'm not pushing hillary here. >> she has not been more -- she has probably been less consistent than trump. >> that's not true. that just empirically not true. >> the interesting thing about this is mitt romney changed his position literally on like one issue. abortion. he changed from -- all you heard about was how he was a flip-flopper. donald trump changes his position every couple weeks on various issues and you don't hear he is a flip-flopper. he says, i look, i thought about it some more and now i have a better solution. people go, that s
you have kudlow and steve moore and larry kudlow coming out with working with mr.his economic and his tax plan, saying it's a good plan. you really are seeing a shift. i think it's justified. i agree with it. i am there on donald trump. >> what about the consistency issue, or inconsistency issue? >> on hillary? oh, on trump. okay. i'm sorry. i thought you meant -- because she has been so consistent. >> it's much easier to say -- she has been more consistent on issues than...
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. >> what about larry kudlow for fed chief? we can't live without yellen?s when you kept telling everybody that romney was going to win and the math was -- said the exact -- you know, the exact opposite. and we pretended for months that that was somehow a possibility. >> i told you romney was a shoo-in? >> not a shoo-in but a realistic -- >> given the previous four years, i would have thought. >> the numbers said something different. >> he cobbled together a coalition that resulted in his re-election. >> can i just say, i think -- we pay a very well-known political strategist last september a lot of money to tell us that trump had zero chance of winning, okay. we also hired james carville. one thing that i think -- what he got wrong is he went through the list of demographics that trump could not win. african-americans, hispanics, women, so on and so forth. looking back at it, the demographic he missed in, in my opinion, is that it still goes back to carville's thing. it's the economy, stupid. it's income. it's the guy or gal who used to work on the assembl
. >> what about larry kudlow for fed chief? we can't live without yellen?s when you kept telling everybody that romney was going to win and the math was -- said the exact -- you know, the exact opposite. and we pretended for months that that was somehow a possibility. >> i told you romney was a shoo-in? >> not a shoo-in but a realistic -- >> given the previous four years, i would have thought. >> the numbers said something different. >> he cobbled together a...
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if he is a private sector guy and wants to lower the corporate tax rate, our own larry kudlow says hee -- you're 51 trump and 49 hillary. for a republican that's not an accurate portrayal -- >> joe, i come back to the better choice is ted cruz, who we know will shrink government. >> the better choice might be -- >> we'll see what happens tomorrow in indiana. i know a lot -- >> so that's the contested convention. obviously he has -- he has got a vice president but he has no path to the nomination with delegates. unless there is a contested convention. >> right. i think if he wins indiana i predict we will have a contested convention and ted cruz will win it. there is still a long way to go. >> will you be around on thursday? >> i'll come back. i've eaten my words before. >> i bet bob is dead. we can't get him on. >> the alternative is very bad. what we really will do at the club is go back to focusing on our senate and house races. >> he says you asked him for money and he didn't give you any. >> what he won't tell you, joe, is he invited me up to his office and said, what can i do for
if he is a private sector guy and wants to lower the corporate tax rate, our own larry kudlow says hee -- you're 51 trump and 49 hillary. for a republican that's not an accurate portrayal -- >> joe, i come back to the better choice is ted cruz, who we know will shrink government. >> the better choice might be -- >> we'll see what happens tomorrow in indiana. i know a lot -- >> so that's the contested convention. obviously he has -- he has got a vice president but he has...