November 8, 2024 • 25 mins
In this episode, Tudor talks with Larry Kudlow, former economic policy advisor to President Trump and Fox Business host. They discuss Donald Trump's victory and its implications for the Republican Party. Kudlow attributes Trump's victory to his focus on key issues like the economy, immigration, and crime, which resonated with a diverse voter base. They critique the Democratic Party's failure to address voters' concerns, particularly economic challenges. The Tudor Dixon Podcast is part of the Clay Travis & Buck Sexton Podcast Network. For more visit TudorDixonPodcast.com.
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Episode Transcript
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Speaker 1 (00:01):
Welcome to the Tutor Dixon Podcast. I have Larry Kudlow
with me. He is the former economic policy advisor to
President Trump and you can catch him every weekday at
four pm Eastern on his Fox Business show. Larry, thank
you so much for joining me today. Obviously, this is
a big deal. We have seen a landslide win for
Donald Trump. And I was just before we got on,
(00:22):
I was just saying, I wanted to go over what
you think that meant for people, what people were feeling
in the economy, what they will feel going forward.
Speaker 2 (00:32):
Well, you know, I think the Democrats, kamalaw Democrats completely
miss understood the electorate. So they thought attacking Trump and
calling him names, you know, fascist and Hitler and garbage
(00:55):
and all that.
Speaker 3 (00:56):
They thought that was going to be a great idea.
Speaker 2 (00:58):
Meanwhile, the rest of the country was worried about open
border illegal immigration and crime and the economy and the
affordability crisis. So Trump stayed on message. You know, he's
become a real policy wonk. I talked to him all
the time. He's a real policy guy. You know, tax
(01:21):
cuts and deregulation and drill baby drill, liquid gold and
pro growth policies, and she's out there calling him names
and it just utterly failed. And so you know, it's
a tremendous victory. He picked up his coalition. I mean,
you know, the strategy from day one was a working
(01:47):
class Middle America populist coalition, and he scored so heavily Blacks, Hispanics,
young people particularly. He also closed the gender gap quite
a bit. And that you know, the issues were the
economy and the border. So he had a fabulous landslide.
(02:13):
He ended the so called blue wall in the Midwest.
He did very well, by the way, in blue states
like New York and New Jersey very well. I'm proudly
you only lost Jersey by four points.
Speaker 3 (02:25):
That's crazy, which is very cool.
Speaker 2 (02:29):
You know, in New York, I spend my time in
the city during the week because obviously I work at Fox.
He cut the margins in New York quite a bit.
Speaker 1 (02:39):
Do you think this can happen again? Do you think
this is only a Trump thing? Or do you think
that this can carry on? Are Republicans in a position
where they understand it and they will continue it, well.
Speaker 3 (02:50):
I would guess so.
Speaker 2 (02:51):
I mean, he has created a realignment in politics. And
as I say that the coalition he put together working folks,
not you know, it's multi racial. That coalition I think
(03:12):
represents realignment and.
Speaker 3 (03:15):
I think it's here to stay.
Speaker 2 (03:17):
Whoever would succeed him, well certainly will certainly use that
word that expand that.
Speaker 3 (03:25):
You know. That's another point I want to make is that.
Speaker 2 (03:29):
A lot of the immediate types and you know liberal
pundits would say, well, he's just appealing to the base,
but that's not what happened. He expanded the base enormously
when you go through all the numbers. I was just
looking at some more numbers. You know, in some cases
(03:51):
he would increase his vote from you know, say black
men by fifty percent, or Hispanics total, Hispanics and Latino men.
I mean, he increased his base enormously young people. So
my point is sure, I mean, what the goop should
(04:13):
do is copycat what mister Trump did and.
Speaker 3 (04:19):
Stay with that.
Speaker 1 (04:20):
I think what you're saying is so key because we're
hearing now all of the leftist pundits come out, but
even on social media, I see the regular people coming out.
They're like, this is a racist, misogynistic country. How could
people do this? And it blows my mind because of
those numbers. So you're telling me that black men voted
against themselves. This is the These are record numbers of
black men coming out for a Republican But look at
(04:43):
the state of Michigan. Look at my state. He comes
out and he says, we don't want people to have
to live like they're living in Detroit. The elitists who
live in a very small portion of Detroit, they're like,
oh my gosh, how could you say this. The middle class,
they're getting their factory shut down. They have record crime.
We had a mass shooting in Detroit that was the
(05:03):
biggest mass shooting in history in July. No one said
a peep about it. When it comes to higher level
Democrats and Donald Trump's like, listen, it's an uncomfortable truth,
but we want to help you. Is that what resonates.
Speaker 3 (05:17):
You know? The answer is yes, of course.
Speaker 2 (05:19):
But when you look at this thing nationwide, well, hold on,
I want to just mention with respect to Michigan. Uh.
You know, a huge issue, as I'm sure you know,
was the sort of far left climate change.
Speaker 3 (05:41):
Uh you know, it's like.
Speaker 2 (05:44):
Terrorists climate change and ending gasoline powered cars and all
the EV's electric vehicles. Subject I mean, I'm not against evs,
mind you, but I don't at the government giving subsidies
and grants and free loans that they will forgive so
(06:06):
people should have choice. Trump said this many times. People
should have a choice. Don't stop them from driving diesel
trucks or gas powered cars, and don't force them to
buy electric vehicles where the battery is.
Speaker 3 (06:24):
Made in China.
Speaker 2 (06:26):
That was a big issue and the UAW rank and file.
I mean, I haven't seen numbers exactly on this, but
I think Trump probably upped his margins a lot with
auto workers. I know he did with teamsters, no question
about that, because they didn't want this kind of climate
(06:47):
extremism and that would cost the jobs.
Speaker 1 (06:50):
Let's take a quick commercial break. We'll continue next on
the Tutor Dixon podcast. I think you also bring up
a good point because it wasn't just that they didn't
want the climate extremism. I think there was a concern,
especially in our state, in other states. You saw this
in Texas, you saw us in a couple other places
where China has come in and bought up land. It
(07:11):
was also a concern of Okay, even if we build
the batteries here, can we have it American manufacturing. Can
we have it American owned that we know that they're
adhering to our environmental standards because climate and environment to me,
should not be separate. It's funny to me that they
are climate crazy, but environment can go by the wayside.
So when Goshen, the Chinese battery factory, came to Michigan,
(07:34):
they waived the environmental review of it. How can you
do that. They're taking seven hundred thousand gallons of water
a day, they're running it through these highly toxic chemicals,
forever chemicals that we've been so careful to get out
of the state of Michigan, and there's no review of that.
There was a fear that China would come in and
destroy the environment in a way in an attempt to
(07:59):
protect the climate. But how can those two things be
mutually exclusive?
Speaker 2 (08:03):
Well, okay, I'm not familiar with that specific issue. I
just think the general point is that the climate extremism
ending gas powered cars would cost jobs, factories would close,
And on top of that, the misnamed Inflation Reduction Act,
(08:25):
which was the Big Greeny Act, would basically provide massive
assistance to electric vehicles, and you could end gas powered
cars inside of ten years, and that's going to cost jobs.
So I think that I think that that played a
(08:46):
very important role in Michigan. However, I was going to
say earlier. When you look at these groups, whether the
unions or Blacks or Latinos, there a comb pay fell
during the Biden years. Felt real wages no matter how
(09:07):
you measure them, meeting income adjusted for inflation, weekly wages
adjusted for inflation, every single one declined significantly over the
past four years during the Biden Harris administration, whereas during
(09:28):
the Trump years those same measurements went up, you know,
between five and eight percent. So you have big take
home pay gains under Trump and take home pay losses
under Biden Harris.
Speaker 3 (09:43):
That was an enormous issue.
Speaker 2 (09:46):
And then you add on to that the problem with
the cost of living inflation. Over the space of nearly
four years.
Speaker 3 (09:56):
In urban areas and cities.
Speaker 2 (09:57):
By the way, the CPI went up about twenty six percent,
so that kills household groceries, electricity, you name it. Everything
went up, gasoline, everything went up. That was never solved
by Biden Harris. In fact, she never talked about barely.
I mean, when she did talk about it, she would
(10:19):
talk about I'm going to have price controls, and I'm
gonna have rent controls, and then I'm going to increase
your entitlements for childcare and all these things.
Speaker 3 (10:31):
As now what people want.
Speaker 2 (10:33):
They wanted a plan to give them positive gains and
take home pay and to reduce inflation so that.
Speaker 3 (10:43):
Their borrowing costs would come down.
Speaker 2 (10:46):
Branded cards, car loans, mortgages, that's what. So she's sitting
there and going to rallies with happy talk and word salads,
and she's attacking Trump as a fascist, and people will
even scratching their heads. What I can't spend fascism. I
can't buy a house with fascism. I don't think they
(11:07):
even know what fascism is.
Speaker 1 (11:08):
For having's sake, Well, that's a great point. I think
that there's so middle education of.
Speaker 3 (11:13):
What that fascism. I mean, I don't know.
Speaker 2 (11:17):
You think people at kitchen tables were sitting around talking
about the latest biography of Benito Mussolini.
Speaker 3 (11:26):
Something tells me that's not what they were doing.
Speaker 1 (11:30):
So I think there are a few things that happened,
and I wonder how the Democrat Party is looking at this.
We obviously saw Bernie Sanders come out and say you
left the working person. How could you do this? But
I think it's beyond that. They kind of created. Obviously,
they installed a Kamala Harris. She wasn't ready. They didn't better,
they didn't know she wasn't ready. But they also brought
Hollywood in. Hollywood is great at creating something imaginary, and
(11:54):
I think that's what they did with this campaign. They
had these rallies that had Lady Gaga, and people came
for celebrity. They didn't come for Harris. So I think
Harris was shocked because she didn't realize how unpopular she was.
But the numbers all said she was unpopular. So when
they look at this, are they going to say did
they First of all, did they get kind of under
the impression that during the pandemic having Joe Biden not
(12:16):
come out was an effective way to campaign by saying nothing?
Were they misled by that? And will they change what
they do in the future. I mean, they obviously are
talking about how they'll change, but do they understand the
significance of what happened to them?
Speaker 2 (12:31):
Listen, Tutor, I loved Lady Gaga. She's a great singer,
really super singer. I hope the Democrats continue.
Speaker 3 (12:41):
To use it. I'm written for Lady Gaga.
Speaker 2 (12:47):
I only want to Oprah Winfrey getting off at the end
and saying, if we lose, it'll be the last time
we vote in America. That was really stupid. But I
think George Clooney is a horrific actor, all right. I
know he's a left winger. I hope they continue to
use all those people. I'm rooting for him. I mean,
(13:07):
I hope they sit down and they say, the real
reason we lost is we didn't have the right Hollywood
singers on stage. That's because they are missing the point.
The issues were taking them down. Three quarters, I mean,
Paul's three quarters of the electorate said Biden Harris was
(13:30):
going in the wrong direction.
Speaker 3 (13:34):
Okay, you know, you knew you couldn't win that way.
Speaker 2 (13:37):
And Kamala did nothing to show them a different direction,
you know. I mean she was asked on the view,
what would you do different differently? And she says, I
can't think of anything. Really, she flunk the view. That's
that's impossible, beyond my comprehend.
Speaker 1 (13:58):
I think she genuinely didn't have any depth. I think
she was serious when she said I can't think of
anything because I don't think she lives it. When I
would watch these interviews with Donald Trump, I'm like, he
can't be stumped because it's inside of him. He lives
it every day.
Speaker 2 (14:13):
It is.
Speaker 1 (14:14):
It's just part of who he is, is figuring out
all these issues. It was never part of who she was.
Speaker 2 (14:20):
She was.
Speaker 3 (14:21):
Trump is smart.
Speaker 2 (14:22):
Trump listened as I said earlier. I mean, you know,
I'm very close to him. I worked for him for
three years. We're very close personal friends. I'll talk to
him constantly. Donald Trump has become a policy WoT. I'm
telling you that.
Speaker 1 (14:37):
Would shock people. I think people want to think he's not.
Speaker 2 (14:40):
I just say, yeah, I didn't let him think that.
He knows. I mean, listen, I live with it. It's
now been let's see twenty sixteen in the campaign. So
it's been eight years, almost nine years. His grasp of policy,
whether it's economy, foreign policy, immigration, tariffs, you name it is,
(15:03):
his grasp of policy has gotten greater and greater. This
is it's sort of a little interesting sub story, is
how good he has become.
Speaker 3 (15:14):
He knows these issues, and he talks to all of us.
Speaker 2 (15:18):
He talks to me, he talks to Lightheiser, he talks
to Scott Besson Minusian.
Speaker 3 (15:25):
He's terrific. So you can see it, like he goes
on these radio she liked Rogan.
Speaker 2 (15:31):
He goes on that show and he's completely fearless. He's
completely no notes, there's no teleprompter. He's completely fearless when
he does that. And all his rallies. Now I know,
he rips and he weaves in and out. I know
that's part of his charm, you know, Queen's New York charm.
He gets in the garbage truck, he goes to McDonald's.
(15:54):
That's part of his fabulous charm. But he knows this stuff.
Speaker 3 (15:58):
See, he's not afraid to be interviewed by anybody. And
I think, you know this was a I forget.
Speaker 1 (16:07):
Oh. I know.
Speaker 3 (16:08):
A couple of weeks.
Speaker 2 (16:09):
Ago, I was on the morning show on Fox News,
you know, Bill Hemmer and Dana Prier, and Bill asked
me about why does why does Biden Harris? Why do
they lie about numbers? They lie about jobs numbers for example.
I think that was the key one. The completelyne we
(16:29):
created all these jobs, Well that's not true. They were
bounced back jobs in the pandem And I just said,
you know the problem is from the day one, whether
it was they blamed inflation on Trump, they said they
inherited a depression from Trump. You know, they say Trump
Trump won to end abortions, ban abortions, just flat out lies,
(16:54):
And I think I think the public saw that and
saw it as a character flaw, and that diminished diminished
Comma it always and would have diminished Joe Biden. Also,
Trump may exaggerate, Okay, I get that, but on the
(17:14):
fundamental things, he can knock off all kinds of data
points and you know he will talk about take home
pay just as.
Speaker 3 (17:23):
Well as I just did with you.
Speaker 2 (17:25):
He knows that stuff, Paul, and that gives him tremendous advantage,
and it paid off.
Speaker 3 (17:32):
I mean that.
Speaker 2 (17:33):
I know there are a lot of big issues out
there and so forth, but I think people started looking
at Trump as a guy who was learned a lot
and would be an even better president in a second term.
And that is their hope and their dream, and that's
why they voted for him. He was the qualified candidate.
(17:53):
She flunked the qualified candidate.
Speaker 1 (17:56):
Test, and it seems like he's learned even more having
a term off. And I think that people were saying,
how could this happen. It's like, well, God has an
interesting way of planning things out, because it seems like
he's going in there even stronger than he would have
had he gone right into his second term. I think
was something you're saying to me is just so valuable
right now because I saw so many candidates who didn't
(18:18):
do exactly what you just said, who didn't go out
and talk to everybody they could about all of the
different subjects. Nobody is a genius. Nobody just knows this
stuff off the top of their head. That's why you
have advisors, that's why you put smart people around you.
And that is so different about Donald Trump. He has
and that's what we heard from the Arab American community
here in Michigan. People go, how did he win the
(18:39):
Jewish community and the Arab community? While he went there
and he sat down with them and he said, tell
me about it. And then when he said, you make
the point of sometimes he's exaggerated. Sometimes he says something else.
He said something that they didn't like. They called him
and he came right back and he said, Okay, talk
to me about it. That's the difference between him and
other politicians. If he makes a mistake. He listens and
(19:02):
he adjusts, and he changes things for the people, not
for himself. He's a man of the people.
Speaker 3 (19:09):
Yeah, I tell you, it's all very interesting.
Speaker 2 (19:13):
You know. Like as I said, I've been with him
a long time and others friends of mine. It's just
all very interesting. And he has he has a tremendous
opportunity here.
Speaker 3 (19:32):
This election.
Speaker 2 (19:35):
Was tremendous mandate for change. I mean, the country does
not want this woke stuff, transgenderism with DEI, you know,
radical affirmative action. They don't want it. The country wants
a better economy. The country wants you know, safe borders
(19:59):
and say cities and so forth. The country wants to
end these wars, and the country wants to make sure
inflation stays down, cut the federal budget. You know, the
Elon Musk factor was very, very important in this race.
It's a mandate for change. They're saying to him, go ahead,
(20:23):
implement your promises. You know. In his speech Tuesday night,
which I thought was one of his better speeches, he said,
promise has made, promises kept. That's a big line. The
implications of that tutor are really really important, and he
(20:43):
is determined. I think he's really determined to make good
on the agenda that he proposed during the campaign. It's
a tremendous historical opportunity. And of course, let's look, his
victory Tuesday night marked the greatest political comeback in American history.
Speaker 3 (21:06):
That is, in American history.
Speaker 2 (21:08):
I know Grover Cleveland had two split terms, but those
were different times and completely different. What they did to
him while he was out of office, you know, with
the weaponization and the law fair throwing him in jail,
calling the names, etc. He just shrugged it off and
took a bullet at one point. So the greatest comeback
(21:31):
in history, the greatest comeback in history. But he's there now,
and he has this mandate for change, and I sincerely
believe he's going to make good on that mandate. Very
much like my other former boss, Ronald Reagan years ago.
You take three or four or five points, tutor, that's
(21:51):
all you need, and you implement and they have enormous
impact to change the direction of the country, you know,
get us on the right track. He talks about a
bolded age. He believes that stuff. He wont He is
the candidate of normalcy. They may yell at him and
(22:11):
accuse him of this. He didn't start that stuff they did.
He didn't start the Russian hopes they did. But I'm
just saying he's the candidate of normalcy and he's the guy.
As he said Tuesday night again, success will bring us together,
success will unite us. He believes that stuff, Trust me,
(22:34):
He believes that stuff from his heart and soul.
Speaker 1 (22:37):
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two four Safe today to protect what matters most. Now,
stick around. We've got more. With Larry Cudlow coming up here,
we see a kind of with him. We see Tausea Gabbard,
we see Elon Musk. This is the Unity Party right now,
(24:05):
regardless of what someone says. But what you just said
to me, I think that we really saw the United
States of America, the overwhelming population of the country say
we will not allow this ruthless weaponization of government to
go after a political opponent and have a dictatorship in
one party rule. And I think too many people think
(24:26):
they overplayed their hand. They thought we'll get him, we'll
get him, we'll get him, and the American public said,
we've never seen this before. We will not let it stand.
I really think that people will go, well, how did
he withstand all of this? It's not us, it's not America.
Speaker 2 (24:42):
I worry about you know, this special counsel Jack Smith,
who was trying to bust Trump. I worry about him
because he's as of this week, he's going to be unemployed.
It's going to need a job tutor. If you have
something for him, Detroit or Michigan. I need some help us.
Speaker 1 (25:03):
Don't send him to Detroit. We've got enough corruption in Michigan.
We're good.
Speaker 2 (25:07):
He's gonna be out there on the employment lines and
I hate to see that personally, Twitter, I got it, jump,
You're wonderful.
Speaker 3 (25:19):
You will, Hey, well, come on the show, come on set.
Speaker 1 (25:24):
With me, Hunter, I absolutely I will. I'm hoping that
I'll have a chance before you go in to Washington
and change everything up.
Speaker 3 (25:32):
Oh oh, can't talk about any of that stuff.
Speaker 1 (25:36):
Well, we're looking forward to seeing what you do. I
know you, I know he takes your advice. So whatever
you do, we're looking forward to watching you do it.
And thank you so much for coming on today.
Speaker 3 (25:45):
Yeah, thank you. You're a great lady. I appreciate it
very very much.
Speaker 1 (25:48):
Thank you, have a good day.
Welcome to the Tutor Dixon Podcast. I have Larry Kudlow
with me. He is the former economic policy advisor to
President Trump and you can catch him every weekday at
four pm Eastern on his Fox Business show. Larry, thank
you so much for joining me today. Obviously, this is
a big deal. We have seen a landslide win for
Donald Trump. And I was just before we got on,
(00:22):
I was just saying, I wanted to go over what
you think that meant for people, what people were feeling
in the economy, what they will feel going forward.
Speaker 2 (00:32):
Well, you know, I think the Democrats, kamalaw Democrats completely
miss understood the electorate. So they thought attacking Trump and
calling him names, you know, fascist and Hitler and garbage
(00:55):
and all that.
Speaker 3 (00:56):
They thought that was going to be a great idea.
Speaker 2 (00:58):
Meanwhile, the rest of the country was worried about open
border illegal immigration and crime and the economy and the
affordability crisis. So Trump stayed on message. You know, he's
become a real policy wonk. I talked to him all
the time. He's a real policy guy. You know, tax
(01:21):
cuts and deregulation and drill baby drill, liquid gold and
pro growth policies, and she's out there calling him names
and it just utterly failed. And so you know, it's
a tremendous victory. He picked up his coalition. I mean,
you know, the strategy from day one was a working
(01:47):
class Middle America populist coalition, and he scored so heavily Blacks, Hispanics,
young people particularly. He also closed the gender gap quite
a bit. And that you know, the issues were the
economy and the border. So he had a fabulous landslide.
(02:13):
He ended the so called blue wall in the Midwest.
He did very well, by the way, in blue states
like New York and New Jersey very well. I'm proudly
you only lost Jersey by four points.
Speaker 3 (02:25):
That's crazy, which is very cool.
Speaker 2 (02:29):
You know, in New York, I spend my time in
the city during the week because obviously I work at Fox.
He cut the margins in New York quite a bit.
Speaker 1 (02:39):
Do you think this can happen again? Do you think
this is only a Trump thing? Or do you think
that this can carry on? Are Republicans in a position
where they understand it and they will continue it, well.
Speaker 3 (02:50):
I would guess so.
Speaker 2 (02:51):
I mean, he has created a realignment in politics. And
as I say that the coalition he put together working folks,
not you know, it's multi racial. That coalition I think
(03:12):
represents realignment and.
Speaker 3 (03:15):
I think it's here to stay.
Speaker 2 (03:17):
Whoever would succeed him, well certainly will certainly use that
word that expand that.
Speaker 3 (03:25):
You know. That's another point I want to make is that.
Speaker 2 (03:29):
A lot of the immediate types and you know liberal
pundits would say, well, he's just appealing to the base,
but that's not what happened. He expanded the base enormously
when you go through all the numbers. I was just
looking at some more numbers. You know, in some cases
(03:51):
he would increase his vote from you know, say black
men by fifty percent, or Hispanics total, Hispanics and Latino men.
I mean, he increased his base enormously young people. So
my point is sure, I mean, what the goop should
(04:13):
do is copycat what mister Trump did and.
Speaker 3 (04:19):
Stay with that.
Speaker 1 (04:20):
I think what you're saying is so key because we're
hearing now all of the leftist pundits come out, but
even on social media, I see the regular people coming out.
They're like, this is a racist, misogynistic country. How could
people do this? And it blows my mind because of
those numbers. So you're telling me that black men voted
against themselves. This is the These are record numbers of
black men coming out for a Republican But look at
(04:43):
the state of Michigan. Look at my state. He comes
out and he says, we don't want people to have
to live like they're living in Detroit. The elitists who
live in a very small portion of Detroit, they're like,
oh my gosh, how could you say this. The middle class,
they're getting their factory shut down. They have record crime.
We had a mass shooting in Detroit that was the
(05:03):
biggest mass shooting in history in July. No one said
a peep about it. When it comes to higher level
Democrats and Donald Trump's like, listen, it's an uncomfortable truth,
but we want to help you. Is that what resonates.
Speaker 3 (05:17):
You know? The answer is yes, of course.
Speaker 2 (05:19):
But when you look at this thing nationwide, well, hold on,
I want to just mention with respect to Michigan. Uh.
You know, a huge issue, as I'm sure you know,
was the sort of far left climate change.
Speaker 3 (05:41):
Uh you know, it's like.
Speaker 2 (05:44):
Terrorists climate change and ending gasoline powered cars and all
the EV's electric vehicles. Subject I mean, I'm not against evs,
mind you, but I don't at the government giving subsidies
and grants and free loans that they will forgive so
(06:06):
people should have choice. Trump said this many times. People
should have a choice. Don't stop them from driving diesel
trucks or gas powered cars, and don't force them to
buy electric vehicles where the battery is.
Speaker 3 (06:24):
Made in China.
Speaker 2 (06:26):
That was a big issue and the UAW rank and file.
I mean, I haven't seen numbers exactly on this, but
I think Trump probably upped his margins a lot with
auto workers. I know he did with teamsters, no question
about that, because they didn't want this kind of climate
(06:47):
extremism and that would cost the jobs.
Speaker 1 (06:50):
Let's take a quick commercial break. We'll continue next on
the Tutor Dixon podcast. I think you also bring up
a good point because it wasn't just that they didn't
want the climate extremism. I think there was a concern,
especially in our state, in other states. You saw this
in Texas, you saw us in a couple other places
where China has come in and bought up land. It
(07:11):
was also a concern of Okay, even if we build
the batteries here, can we have it American manufacturing. Can
we have it American owned that we know that they're
adhering to our environmental standards because climate and environment to me,
should not be separate. It's funny to me that they
are climate crazy, but environment can go by the wayside.
So when Goshen, the Chinese battery factory, came to Michigan,
(07:34):
they waived the environmental review of it. How can you
do that. They're taking seven hundred thousand gallons of water
a day, they're running it through these highly toxic chemicals,
forever chemicals that we've been so careful to get out
of the state of Michigan, and there's no review of that.
There was a fear that China would come in and
destroy the environment in a way in an attempt to
(07:59):
protect the climate. But how can those two things be
mutually exclusive?
Speaker 2 (08:03):
Well, okay, I'm not familiar with that specific issue. I
just think the general point is that the climate extremism
ending gas powered cars would cost jobs, factories would close,
And on top of that, the misnamed Inflation Reduction Act,
(08:25):
which was the Big Greeny Act, would basically provide massive
assistance to electric vehicles, and you could end gas powered
cars inside of ten years, and that's going to cost jobs.
So I think that I think that that played a
(08:46):
very important role in Michigan. However, I was going to
say earlier. When you look at these groups, whether the
unions or Blacks or Latinos, there a comb pay fell
during the Biden years. Felt real wages no matter how
(09:07):
you measure them, meeting income adjusted for inflation, weekly wages
adjusted for inflation, every single one declined significantly over the
past four years during the Biden Harris administration, whereas during
(09:28):
the Trump years those same measurements went up, you know,
between five and eight percent. So you have big take
home pay gains under Trump and take home pay losses
under Biden Harris.
Speaker 3 (09:43):
That was an enormous issue.
Speaker 2 (09:46):
And then you add on to that the problem with
the cost of living inflation. Over the space of nearly
four years.
Speaker 3 (09:56):
In urban areas and cities.
Speaker 2 (09:57):
By the way, the CPI went up about twenty six percent,
so that kills household groceries, electricity, you name it. Everything
went up, gasoline, everything went up. That was never solved
by Biden Harris. In fact, she never talked about barely.
I mean, when she did talk about it, she would
(10:19):
talk about I'm going to have price controls, and I'm
gonna have rent controls, and then I'm going to increase
your entitlements for childcare and all these things.
Speaker 3 (10:31):
As now what people want.
Speaker 2 (10:33):
They wanted a plan to give them positive gains and
take home pay and to reduce inflation so that.
Speaker 3 (10:43):
Their borrowing costs would come down.
Speaker 2 (10:46):
Branded cards, car loans, mortgages, that's what. So she's sitting
there and going to rallies with happy talk and word salads,
and she's attacking Trump as a fascist, and people will
even scratching their heads. What I can't spend fascism. I
can't buy a house with fascism. I don't think they
(11:07):
even know what fascism is.
Speaker 1 (11:08):
For having's sake, Well, that's a great point. I think
that there's so middle education of.
Speaker 3 (11:13):
What that fascism. I mean, I don't know.
Speaker 2 (11:17):
You think people at kitchen tables were sitting around talking
about the latest biography of Benito Mussolini.
Speaker 3 (11:26):
Something tells me that's not what they were doing.
Speaker 1 (11:30):
So I think there are a few things that happened,
and I wonder how the Democrat Party is looking at this.
We obviously saw Bernie Sanders come out and say you
left the working person. How could you do this? But
I think it's beyond that. They kind of created. Obviously,
they installed a Kamala Harris. She wasn't ready. They didn't better,
they didn't know she wasn't ready. But they also brought
Hollywood in. Hollywood is great at creating something imaginary, and
(11:54):
I think that's what they did with this campaign. They
had these rallies that had Lady Gaga, and people came
for celebrity. They didn't come for Harris. So I think
Harris was shocked because she didn't realize how unpopular she was.
But the numbers all said she was unpopular. So when
they look at this, are they going to say did
they First of all, did they get kind of under
the impression that during the pandemic having Joe Biden not
(12:16):
come out was an effective way to campaign by saying nothing?
Were they misled by that? And will they change what
they do in the future. I mean, they obviously are
talking about how they'll change, but do they understand the
significance of what happened to them?
Speaker 2 (12:31):
Listen, Tutor, I loved Lady Gaga. She's a great singer,
really super singer. I hope the Democrats continue.
Speaker 3 (12:41):
To use it. I'm written for Lady Gaga.
Speaker 2 (12:47):
I only want to Oprah Winfrey getting off at the end
and saying, if we lose, it'll be the last time
we vote in America. That was really stupid. But I
think George Clooney is a horrific actor, all right. I
know he's a left winger. I hope they continue to
use all those people. I'm rooting for him. I mean,
(13:07):
I hope they sit down and they say, the real
reason we lost is we didn't have the right Hollywood
singers on stage. That's because they are missing the point.
The issues were taking them down. Three quarters, I mean,
Paul's three quarters of the electorate said Biden Harris was
(13:30):
going in the wrong direction.
Speaker 3 (13:34):
Okay, you know, you knew you couldn't win that way.
Speaker 2 (13:37):
And Kamala did nothing to show them a different direction,
you know. I mean she was asked on the view,
what would you do different differently? And she says, I
can't think of anything. Really, she flunk the view. That's
that's impossible, beyond my comprehend.
Speaker 1 (13:58):
I think she genuinely didn't have any depth. I think
she was serious when she said I can't think of
anything because I don't think she lives it. When I
would watch these interviews with Donald Trump, I'm like, he
can't be stumped because it's inside of him. He lives
it every day.
Speaker 2 (14:13):
It is.
Speaker 1 (14:14):
It's just part of who he is, is figuring out
all these issues. It was never part of who she was.
Speaker 2 (14:20):
She was.
Speaker 3 (14:21):
Trump is smart.
Speaker 2 (14:22):
Trump listened as I said earlier. I mean, you know,
I'm very close to him. I worked for him for
three years. We're very close personal friends. I'll talk to
him constantly. Donald Trump has become a policy WoT. I'm
telling you that.
Speaker 1 (14:37):
Would shock people. I think people want to think he's not.
Speaker 2 (14:40):
I just say, yeah, I didn't let him think that.
He knows. I mean, listen, I live with it. It's
now been let's see twenty sixteen in the campaign. So
it's been eight years, almost nine years. His grasp of policy,
whether it's economy, foreign policy, immigration, tariffs, you name it is,
(15:03):
his grasp of policy has gotten greater and greater. This
is it's sort of a little interesting sub story, is
how good he has become.
Speaker 3 (15:14):
He knows these issues, and he talks to all of us.
Speaker 2 (15:18):
He talks to me, he talks to Lightheiser, he talks
to Scott Besson Minusian.
Speaker 3 (15:25):
He's terrific. So you can see it, like he goes
on these radio she liked Rogan.
Speaker 2 (15:31):
He goes on that show and he's completely fearless. He's
completely no notes, there's no teleprompter. He's completely fearless when
he does that. And all his rallies. Now I know,
he rips and he weaves in and out. I know
that's part of his charm, you know, Queen's New York charm.
He gets in the garbage truck, he goes to McDonald's.
(15:54):
That's part of his fabulous charm. But he knows this stuff.
Speaker 3 (15:58):
See, he's not afraid to be interviewed by anybody. And
I think, you know this was a I forget.
Speaker 1 (16:07):
Oh. I know.
Speaker 3 (16:08):
A couple of weeks.
Speaker 2 (16:09):
Ago, I was on the morning show on Fox News,
you know, Bill Hemmer and Dana Prier, and Bill asked
me about why does why does Biden Harris? Why do
they lie about numbers? They lie about jobs numbers for example.
I think that was the key one. The completelyne we
(16:29):
created all these jobs, Well that's not true. They were
bounced back jobs in the pandem And I just said,
you know the problem is from the day one, whether
it was they blamed inflation on Trump, they said they
inherited a depression from Trump. You know, they say Trump
Trump won to end abortions, ban abortions, just flat out lies,
(16:54):
And I think I think the public saw that and
saw it as a character flaw, and that diminished diminished
Comma it always and would have diminished Joe Biden. Also,
Trump may exaggerate, Okay, I get that, but on the
(17:14):
fundamental things, he can knock off all kinds of data
points and you know he will talk about take home
pay just as.
Speaker 3 (17:23):
Well as I just did with you.
Speaker 2 (17:25):
He knows that stuff, Paul, and that gives him tremendous advantage,
and it paid off.
Speaker 3 (17:32):
I mean that.
Speaker 2 (17:33):
I know there are a lot of big issues out
there and so forth, but I think people started looking
at Trump as a guy who was learned a lot
and would be an even better president in a second term.
And that is their hope and their dream, and that's
why they voted for him. He was the qualified candidate.
(17:53):
She flunked the qualified candidate.
Speaker 1 (17:56):
Test, and it seems like he's learned even more having
a term off. And I think that people were saying,
how could this happen. It's like, well, God has an
interesting way of planning things out, because it seems like
he's going in there even stronger than he would have
had he gone right into his second term. I think
was something you're saying to me is just so valuable
right now because I saw so many candidates who didn't
(18:18):
do exactly what you just said, who didn't go out
and talk to everybody they could about all of the
different subjects. Nobody is a genius. Nobody just knows this
stuff off the top of their head. That's why you
have advisors, that's why you put smart people around you.
And that is so different about Donald Trump. He has
and that's what we heard from the Arab American community
here in Michigan. People go, how did he win the
(18:39):
Jewish community and the Arab community? While he went there
and he sat down with them and he said, tell
me about it. And then when he said, you make
the point of sometimes he's exaggerated. Sometimes he says something else.
He said something that they didn't like. They called him
and he came right back and he said, Okay, talk
to me about it. That's the difference between him and
other politicians. If he makes a mistake. He listens and
(19:02):
he adjusts, and he changes things for the people, not
for himself. He's a man of the people.
Speaker 3 (19:09):
Yeah, I tell you, it's all very interesting.
Speaker 2 (19:13):
You know. Like as I said, I've been with him
a long time and others friends of mine. It's just
all very interesting. And he has he has a tremendous
opportunity here.
Speaker 3 (19:32):
This election.
Speaker 2 (19:35):
Was tremendous mandate for change. I mean, the country does
not want this woke stuff, transgenderism with DEI, you know,
radical affirmative action. They don't want it. The country wants
a better economy. The country wants you know, safe borders
(19:59):
and say cities and so forth. The country wants to
end these wars, and the country wants to make sure
inflation stays down, cut the federal budget. You know, the
Elon Musk factor was very, very important in this race.
It's a mandate for change. They're saying to him, go ahead,
(20:23):
implement your promises. You know. In his speech Tuesday night,
which I thought was one of his better speeches, he said,
promise has made, promises kept. That's a big line. The
implications of that tutor are really really important, and he
(20:43):
is determined. I think he's really determined to make good
on the agenda that he proposed during the campaign. It's
a tremendous historical opportunity. And of course, let's look, his
victory Tuesday night marked the greatest political comeback in American history.
Speaker 3 (21:06):
That is, in American history.
Speaker 2 (21:08):
I know Grover Cleveland had two split terms, but those
were different times and completely different. What they did to
him while he was out of office, you know, with
the weaponization and the law fair throwing him in jail,
calling the names, etc. He just shrugged it off and
took a bullet at one point. So the greatest comeback
(21:31):
in history, the greatest comeback in history. But he's there now,
and he has this mandate for change, and I sincerely
believe he's going to make good on that mandate. Very
much like my other former boss, Ronald Reagan years ago.
You take three or four or five points, tutor, that's
(21:51):
all you need, and you implement and they have enormous
impact to change the direction of the country, you know,
get us on the right track. He talks about a
bolded age. He believes that stuff. He wont He is
the candidate of normalcy. They may yell at him and
(22:11):
accuse him of this. He didn't start that stuff they did.
He didn't start the Russian hopes they did. But I'm
just saying he's the candidate of normalcy and he's the guy.
As he said Tuesday night again, success will bring us together,
success will unite us. He believes that stuff, Trust me,
(22:34):
He believes that stuff from his heart and soul.
Speaker 1 (22:37):
More with Larry Kudlow coming up, But first let me
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two four Safe today to protect what matters most. Now,
stick around. We've got more. With Larry Cudlow coming up here,
we see a kind of with him. We see Tausea Gabbard,
we see Elon Musk. This is the Unity Party right now,
(24:05):
regardless of what someone says. But what you just said
to me, I think that we really saw the United
States of America, the overwhelming population of the country say
we will not allow this ruthless weaponization of government to
go after a political opponent and have a dictatorship in
one party rule. And I think too many people think
(24:26):
they overplayed their hand. They thought we'll get him, we'll
get him, we'll get him, and the American public said,
we've never seen this before. We will not let it stand.
I really think that people will go, well, how did
he withstand all of this? It's not us, it's not America.
Speaker 2 (24:42):
I worry about you know, this special counsel Jack Smith,
who was trying to bust Trump. I worry about him
because he's as of this week, he's going to be unemployed.
It's going to need a job tutor. If you have
something for him, Detroit or Michigan. I need some help us.
Speaker 1 (25:03):
Don't send him to Detroit. We've got enough corruption in Michigan.
We're good.
Speaker 2 (25:07):
He's gonna be out there on the employment lines and
I hate to see that personally, Twitter, I got it, jump,
You're wonderful.
Speaker 3 (25:19):
You will, Hey, well, come on the show, come on set.
Speaker 1 (25:24):
With me, Hunter, I absolutely I will. I'm hoping that
I'll have a chance before you go in to Washington
and change everything up.
Speaker 3 (25:32):
Oh oh, can't talk about any of that stuff.
Speaker 1 (25:36):
Well, we're looking forward to seeing what you do. I
know you, I know he takes your advice. So whatever
you do, we're looking forward to watching you do it.
And thank you so much for coming on today.
Speaker 3 (25:45):
Yeah, thank you. You're a great lady. I appreciate it
very very much.
Speaker 1 (25:48):
Thank you, have a good day.
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