Episode Transcript
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Speaker 1 (00:01):
Now on the Voice of New York has the Mark
Simone Show on seven tenor.
Speaker 2 (00:11):
Well, hey, there's a lot happening. We'll get to Cardinal
Dolan is leaving. That's very bad news. We'll get to
Brown University that president should be leaving. Just horrible job
she's done. We'll get to President Trump. We'll get to
the speech last night, a bit of a dud, but
we'll get to something else he did yesterday that is
(00:32):
going to upset everybody. It's not the right thing to do,
you shouldn't do it, but it's good that it just
drives these democrats in the media absolutely crazy. We'll get
to that, We'll get to Nick Reiner, and we'll get
to Jack Smith and a whole lot more. Hey, this
just breaking this morning. The Oscars scene on ABC TV
(00:54):
for decades decades. Oscars Sunday Night, ABC, Oscars Channel seven,
ABC TV for decades and decades. And I think before that,
in its first few years, was NBC. I think I
think that's why Bob Hope was the host in Johnny Carson.
But it moved to ABC where it's been for decades. Well,
they lost the Oscars, They've got it for the next
(01:16):
two years, but then it moves to YouTube. YouTube got
the oscars. Now, YouTube is really taken over television. You know,
as a network, TV completely dies and has fewer and
fewer viewers every second. You think that Netflix and the
(01:38):
streaming services are taken over, but it's really YouTube that's
capturing the biggest share of the television audience. YouTube is
going to be the biggest thing. Now, this is a
big step getting the oscars. We always assumed Amazon or
Netflix would get the NFL or Major League base Keep
an eye on YouTube. Now, the Oscars on YouTube? Is
(01:59):
it a good idea? Well, one thing it's gonna do.
It's gonna bring families together because when the Oscars are
on YouTube, you're gonna get those frantic calls. You're gonna
have to go to your mother's house. You're gonna have
to go to your grandmother's house and show them how
the hell to find YouTube. You know what, you might
as well plan on watching the oscars with them, because
(02:21):
no matter how much you show them, you're going to
get that call right before the oscars, I can't find it.
I lost it? How do you find it? So you're
gonna have to show them what the hell YouTube?
Speaker 3 (02:31):
Is.
Speaker 2 (02:32):
But it's a big, big development. So the Trump's speech
last night was not great. It was let me give
you the inside story here. This was not his idea.
He didn't want to do this. This was the staff
pushing it, mostly Susie Wiles pushing this. You know a
(02:53):
couple of reasons. One when fake news and the Democrats
start coming up with a with a hoax, with a
my and they start pounding it into people's heads. Twenty
four to seven. Everywhere you turn, it's all you hear
affordability crisis. Affordability crisis, affordability crisis. When you hear it
day and night, you actually, this is how propaganda works.
You actually start to think, oh my god, this is
(03:14):
an affordability crisis. There isn't We had one two years ago,
three years ago under Biden, you had a terrible crisis.
Prices were crazy, gas prices, everything was going nuts. Now
Trump has brought it down. He still got a ways
to go, but in his first year he brought it
down dramatically. Biden had inflation at nine percent one point
(03:34):
the highest in fifty years. When he left, his average
inflation was five percent. Trump has it down right now
to two point seven percent and falling. So that was
one reason for the speech, to try to fight back
on this myth that has been created. And then you
got a lot of great stuff that's going to happen
(03:55):
in the economy. The big beautiful bill has big tax
cuts for everybody, so your paycheck will be bigger every
week because you'll be paying less tax. Now it hasn't
kicked in yet, it starts in January, so everybody's going
to get a huge race starting in January. So he's
talking about how much you got done this year and
what's going to happen next year. But it wasn't a
great speech. It was a teleprompter speech. Trump is great
(04:18):
with an audience, you know, he knows how to perform
for an audience, but reading a teleprompter is not what
he should be doing. And in an empty room, he's
just in a big empty room. And it's that room
where you know. They've been doing Christmas parties every night
at the White House, sometimes two a night, sometimes three,
(04:41):
and they have so many people. They invite like twenty
five thousand people to these White House Christmas parties, so
you have to do them every night for three weeks.
In fact, there's another one tonight. They just keep doing
these Christmas parties, and it's the same procedure every night.
The guests all come whatever amount they can do a night,
five hundred, and they all walk around the Red room,
(05:01):
the Blue room, the Green room, the Yellow room, to
this room, to that room, the map room, the treating room,
and then they wander around and at some point they
come and assemble in this one spot where there's a podium.
The President comes down and makes a Christmas party speech.
And he's made this speech every night for three weeks,
the same speech, so you know, if you do it
(05:21):
too much, it gets stale. And it had that kind
of look last night. So basically the same situation, but
without an audience, just alone reading a teleprompter. So he
read it too loud, and he read it too fast,
and he kept talking like this, and it was too
fast and it was too loud. He was rushing through
it like this. I think that's because he didn't want
to do it. He was complaining off camera just before
(05:42):
he went on that Susie Wilds and everybody else pushed
him into doing this, so it's not what he wanted. Now,
the good news is because it was a well written speech.
A lot of people will just see it in print.
They'll read about it, and they'll see it in print.
In print, it looks great. But his delivery was like this,
and it was rushed and he was yelling, I'm just
trying to get through it, so it was a bit
of a dud. Here's someone.
Speaker 4 (06:03):
Taris my favorite word, tariffs, which for many decades have
been used successfully by other countries against US, but not anymore.
Companies know that if they build in America, there are
no tariffs, and that's why they're coming home to the
USA in record numbers.
Speaker 2 (06:22):
That it's a little too loud. You know, when you're
alone in a room, you don't talk like this. Hear
how I'm talking. I'm yelling a little. If I'm on TV,
I can talk like this because on TV people are
usually about twelve feet away from the TV set. They're
over there on the couch. You can talk to them
like this. But when you're on the radio, you're usually
(06:42):
talking out of the speaker, which is like a foot away,
so you can't yell at them. You got to talk
like this. So if there's an audience, you can talk
like this to them. But if you're in an empty
room and you're just alone, you can you can talk
more intimately to people. So and he knows this kind
of stuff. I don't know why he didn't do that.
I guess because his heart wasn't in this speech. He
(07:04):
didn't want to do it. You know, when they do,
there reporters in the room and start asking the questions.
He doesn't talk like this to them. You know, he
talks in a real voice. So it was too much yelling.
Now he's going to get criticism for blaming everything on Biden.
Speaker 4 (07:18):
This is what the Biden administration allowed to happen to
our country, and it can never be allowed to happen again.
Speaker 2 (07:27):
We had men playing in women's.
Speaker 4 (07:28):
Sports, transgender for everybody, crime at record levels.
Speaker 2 (07:34):
Now everybody can So why does he keep playing Biden?
Why does he have to keep enough with Biden? Biden's
not president anymore. Why does he have to keep it?
Because again, Democrats, media, fake news, you're creating this whole
fake scenario that he's got an affordability crisis. It was
an enormous affordability crisis under Biden, and under him it's
(07:54):
been dropping steadily and quickly. You know, it got a
ways to go, but it's been dropped like crazy. So
that's why he keeps having a remind everybody because he's
trying to contradict a lie that's been out there day
and night for months. But somehow he's created an affordability cress.
It has nothing to do with it. In fact, he's
been lessening it every month. So now here's the other.
(08:19):
This is going to be another Trump problem, but maybe
it won't be. I don't know. This is so outrageous
that it might be too much even for fake news.
You know, when Rob Reiner died, he put out that
tweet which I went back and read it. It's not
as bad as they're making it out to be. The
(08:40):
tweet starts off very nice, talking about Rob Reiner and
Michelle Reiner and what a terrible tragedy this is and
how awful, and he talks about that, and then if
you'll go to the very end, he said, may they
both rest in peace. So that's very nice. It's in
the middle where he says, you know, Rob Reiner was
a guy filled with rage and hate speech, which is true.
True he was. He was, go check my twitter. We
(09:02):
have documented all of this, the stuff Rob Briiner was saying,
putting up online. It was just the ugliest, vile, crude
hate speech against Donald Trump, raging. You know, And again
I knew Rob Briner when you were with him. He
was the warmest, sweetest, nicest guy. So when you read
his tweeting and his things he was saying about Trump,
(09:26):
you can't believe this same guy could get so ugly
and vile and crude and cursing. And it's just very
jeckyl in heights. It makes you wonder. So that upset
a lot of people. Of course, you know, people said, well,
you shouldn't do that. You're the president. You have to
stay you know, graceful and dignified. And yeah, of course, okay,
(09:47):
so now they have When you walk to the Oval Office,
you walk along the colonnade there along that wall where
he's put up all the portraits of the presidents, used
to be just an empty white wall. And when you
think about it, but he's right, that's where you greet
the world leaders in one part of the White House.
Then you go outside and you walk down this a
long colonnade to get to the Oval Office, and it's
(10:09):
just empty wall. You see. He just said, let's line
this with pictures of all our presidents in beautiful gold frames.
It was very very nice, great idea. And now when
it came to Biden, he put instead of Biden's face,
he put an auto pen in there. All right, it's
a little joke. You shouldn't do that, but you can
(10:29):
get away with it. All right, it's not you know,
it's not that bad. But now he unveiled this yesterday,
and again they're all gonna go nuts over this. They're
all gonna go crazy. Although it hasn't exploded like I
think it would. He now put it, unveiled it yesterday.
Under many of these presidents he put plaques underneath saying things,
(10:51):
and they're very very insulting. So under Biden, and it's
a beautiful, you know, gold, very very ornate plaque like
you'd see on a building with the inscription on it.
But the oneher Biden says, sleepy Joe. Biden was by
far the worst president in America. And it goes on
and on to talk about what a crook he is,
how he opened the borders let twenty one million people
(11:13):
in his Afghanistan disaster. I mean, it's the worst stuff
about Biden. It's a long, but I'm skipping through the
nickname both sleepy and crooked Joe Joe Biden was dominated
by his radical left handler. It goes on and on,
and you could write this, and you're not supposed to
put it on the wall of the White House in
a gold plaque. So now, of course any other president
(11:36):
when they come in will take this down. Under Bill Clinton,
it's not as bad yet. No, it's mostly good about
he approved NAFTA. It's mostly good about Clinton. But at
the end it said President Clinton's wife Hillary lost the
presidency to Donald Trump. Now the one for Obama, the
(11:59):
Reagan one is just high praise for Reagan, wonderful praise
for Reagan. The one under Obama was the first black president,
a community organizer, a one term senator from Illinois. Okay,
you can get away with that. He created the ineffective
Unaffordable Care Act. Well, that's true, but you're not supposed
to put that on the wall. His party losing both
(12:21):
Houses of Congress. Under Obama, it gets worse and worse.
He crippled small business with crushing regulations and an environmental
red tape. Well, this is actually true. You could make
this case. He spied on the twenty sixteen presidential campaign
of Donald Trump. It's all. You could go into court
(12:41):
and prove this stuff true if you had to, but
you're not supposed to put it on the wall of
the White House. So but again, it hasn't exploded yet
all over the news. But we'll see, we'll see if
they demand he'd take it down. Maybe it's so over
the top outrageous that they're afraid to go after for it.
They know it's some kind of trap. I mean, it's
(13:02):
I mean, Howard Stern wouldn't have the nerve to put
this stuff on the wall. So hey, the very bad news.
Cardinal Dolan is leaving Cardinal Timothy Dolan, who everybody loved
sixteen years here as the cardinal. It's nothing personal. The
rule of the church is at seventy five you have
to resign. You have to resign at seventy five. It's mandatory,
(13:26):
and you put in your resignation. Now. For Cardinal Dolan,
that was last year. But sometimes they'll delay accepting the resignation.
And remember last year the pope died, so that, you know,
put a holt on everything. Nothing happened, and then a
new pope took over and he obviously needs many months
to get settled and organized, so he's done that. Now
(13:48):
he's decided to accept the resignation and pick a new
cardinal for New York. And it's Ronald Hicks, who's from Chicago,
has a lot of connection to the pope who's also
from Chicago. Their careers overlapped a few times. Hicks, He's not,
you know, Dolan is a big, larger than life, big
(14:08):
life of the party personality. Hicks is more of a quiet,
gentle sort of a guy. But he's a warm guy.
He's got a good sense of humor. Here he is
accepting I want to do the will of God.
Speaker 5 (14:21):
I asked him to tell the Holy Father that I
say yes with great humility and that I accept this
appointment with an open heart.
Speaker 2 (14:33):
So he's here in New York today with the cardinal
being shown around.
Speaker 5 (14:36):
And my name is Ron Hicks, and I have now.
Speaker 2 (14:42):
First of all, he's got to call himself Ronald, this
Ron Hicks. It doesn't sound like a cardinal when your
name is Ron Hicks. Sounds like you work at William
Morris Agency. Sounds like you're a car salesman. Here's my
card Ron Hicks doesn't sound like a Cardinalnald Hicks will
sound better, make more sense.
Speaker 5 (15:02):
Did New York about ten times in my life, and
every time I have visited, I have said to myself,
I love it. I love the culture, the food, the energy,
the plays, the neighborhoods, but especially I love the people.
Speaker 2 (15:23):
Okay, okay, sounding like a bit of a tourist, but listen,
that's all the cardinals. Do you remember Dolan you think
of him as such a New Yorker. I remember when
he came here sixteen years ago from I think it
was Saint Louis. Saint Louis. He was the same thing.
He was new to New York, he didn't know his
way around, and of course he became a big, big,
big part of New York. So Ronald Hicks, Wilton.
Speaker 5 (15:43):
The people from all over the world who call this
place home. And every time that I visited, I've always said,
I look forward to returning. And this time I'm returning
not only as a visitor, but I'm going to be
returning to stay.
Speaker 2 (16:03):
So all right, now, he'll be good. He'll be good.
One of the reasons Dolan stayed a little longer than
he is supposed to. Catholic church with the you know,
the sexual abuse and scandal and all that, they had
to clean that up. There was nothing to do with Dolan,
wasn't his fault, but you had to clean it up.
He's the one that worked out at like a billion
(16:23):
dollar settlement and they had to settle all these lawsuits
and raise the money to settle it. And that's what
he's been doing for the last year. It's mostly done now,
he'll notice very quietly, the Catholic Church here in New
York has been selling a lot of it's very valuable
real estate. Just this week they finally sold over there
at the Palace Hotel. They hon the whole ground lease.
(16:46):
They just sold that for about four hundred and ninety
million dollars. So they've raised all the money that's been settled.
And Ronald Hicks, he made that joke. Every new cardinal
makes the same joke. I already made that joke this morning,
and he's going to speech and he says, but I
do have something very controversial to say. I'm still a
(17:07):
Cubs fan. So Dolan did that when he came here
to I'm still a Cardinals fan. But now the only
if there's a bad side to the Hicks can be
a little left wing, a little woke, but all right,
that can be cured. But we wish him very well
and we got a lot to get to today. We'll
take some calls. Next. Eight hundred three two one zero
(17:30):
seven ten is the number. Eight hundred three two one
zero seven ten did Mark.
Speaker 1 (17:36):
On demand by setting up preseat for his podcast on
the iHeartRadio app. Now back to Mark Simon on woor.
Speaker 2 (17:47):
Hey, let's take some calls. Eight hundred three to two
one zero seven ten is the number. Let's go to
Chris in Manhattan. Chris, how you doing.
Speaker 3 (17:54):
We'm good? Thanks Mark. First, let me just say I
wish you a very happy holiday season and they hope
you have a great vacation.
Speaker 2 (18:00):
Nice.
Speaker 3 (18:01):
Second, the about Trump, I.
Speaker 2 (18:05):
Think what he's doing he's.
Speaker 3 (18:08):
Wait, wait oh wait, can I talk to I think
he's hand.
Speaker 2 (18:14):
You're gonna you're gonna start whining. Why does he have
to do?
Speaker 3 (18:17):
But I am whining. I think he's everything he's doing
that's good is going to be turned turned be undone
by the Democrats. I think he's handing the election to them.
Speaker 2 (18:26):
Well, I mean he's not running for election. He's not
what he's not running for anything.
Speaker 3 (18:30):
No, I know he's not, but they're going to vote
against his policies.
Speaker 2 (18:34):
The Demo, we don't know that because that's a year away.
It's a year from now, so the landscape will change
many many times.
Speaker 3 (18:40):
Well, do I know things are more expensive. I know
it's not his.
Speaker 2 (18:43):
Fault, but you live in Manhattan. Gases now two dollars
a gallon, but if you're in New York it's still
four or five dollars.
Speaker 3 (18:50):
I know it's under three in some parts a long round,
I know, but but food is expensive.
Speaker 2 (18:54):
And again that's New York City. Mark talking a greatiflication.
I love the guy, but he's always Why does he
have to U Let's go to Mike in Ulster County.
Speaker 6 (19:07):
Mike, how you doing, Hey, Mark, Merry Christmas?
Speaker 7 (19:11):
First ball. I did watch the speech last night. He did.
The President did look uncomfortable because it's not his venue.
But it's a speech that had to be made because
the media and the Democrats are playing on the fact
that for the most.
Speaker 2 (19:27):
Part, the American people.
Speaker 7 (19:28):
Are very impatient. They want instant gratification.
Speaker 2 (19:32):
And well, don't blame them now. As I said earlier,
they've been had this fake narrative drilled into their head
that we are suddenly in an affordability crisis when the
economy has actually greatly improved unless year. So he needed
to make the speech. It was a bad setting. This
was all designed by Susie Wiles and the staff. And
she's great, but she, you know, as far as media skill,
(19:53):
she's still in nineteen eighty three with Ronald Reagan, where
you get a podium and you read the teleprompter. It
doesn't work anymore. Uh and Trump, Uh, I think you'll
see it was a dud the speech last night. It
looks good on paper, It was well written, but the
delivery wasn't great. So he'll never allow that to happen again.
Next time, he'll get some modern day communications people to
(20:13):
come up with a better setting and a better way
to do that. Let's go to Don in New York City. Don,
How you doing?
Speaker 6 (20:20):
Yes? Mark, listen, Mark, are you familiar with the song Till.
Speaker 8 (20:24):
After the Holidays?
Speaker 2 (20:26):
Tell what.
Speaker 6 (20:28):
Till after the holidays? Oh?
Speaker 2 (20:30):
Till after the Holidays? Am I familiar with it? Yes?
Speaker 6 (20:33):
Not?
Speaker 2 (20:33):
Really? Was this like Al Jolson in the twenties? Huh?
Who said Garlands sang it? I? No, I don't remember
it what why?
Speaker 6 (20:48):
Oh, because I heard it recently.
Speaker 2 (20:50):
On the radio.
Speaker 3 (20:51):
Uh.
Speaker 2 (20:52):
And who was playing at al Jasbo Collins. No, I'm kidding.
I was on WABC. Oh, okay, Well it must be
good names. Well, you know she recorded some beautiful, beautiful
New Year's Christmas ballads. That's probably one of them from
the late fifties. Very sad.
Speaker 7 (21:09):
It's something like whatever Happened to Christmas?
Speaker 2 (21:12):
Yeah, all right, I'll check it out. You know, that's
one thing she was good. She would do these touching,
sad ballads. She was brilliant at it. Being a great actress.
She was one of the great singers of the late
fifties and early sixties. In fact, listen to her live
album at Carnegie Hall, one of the greatest albums ever.
Let's go to Joe in the Bronx. Joe, how you doing?
Speaker 8 (21:31):
I'm doing better than I deserve?
Speaker 2 (21:33):
And I hope you I'd agree with that. You don't
deserve to do this? Well, knowing you no.
Speaker 8 (21:37):
Because it's good this way, I'm not bitter.
Speaker 2 (21:40):
Well that's good.
Speaker 8 (21:42):
So anyway, I was thinking about a way to help
for the mid terms. Yes, and I came up with
something good. In one of my plays, character says, you know.
Speaker 2 (21:55):
Yeah, it sounds good.
Speaker 8 (21:59):
What's up Bad America?
Speaker 2 (22:01):
Well that's good.
Speaker 8 (22:02):
They don't need the wooden Horse because they have the
Democratic Party.
Speaker 2 (22:09):
That's great. How'd you come up with that? That's pretty amazing, really,
Oh phenomenal. No, no, no, it's excellent. Yeah, no, anyway,
thanks for coming up with that. Anyway. Hey, I forgot
to mention one great thing in that speech last night.
You know, the tariffs. Some people love them, some people don't.
(22:30):
But the tariffs have brought in zillions of dollars. Money
is just flowing in from the tariffs. So one thing
he announced was every he called them warriors, every military
man and woman will get a thousand dollars bonus this year,
and he said they'll deliver it before Christmas. So all
of our great military soldiers one thousand dollars bonus from
the tariffs. Hey, when we come back, we're going to
(22:52):
talk to one of the greatest economists in the world.
We got a real expert to talk about the economy, affordability, inflation.
The speech last night. We'll get told of that next
on seven to ten wo R with Steve Moore, We hope.
Speaker 1 (23:04):
More Mark Mark Simon on seven tenor well.
Speaker 2 (23:10):
Steve Moore, the great economist, one of the finest in
the world. You should get his latest book That Can
You need a good Christmas Present for somebody? Excellent. Get
his book The Trump Economic Miracle. Excellent book. Also, the
best daily briefing comes from his group, the Committee to
Unleashed Prosperity. It's free and have it come right to
your email everyday. Best news analysis. Just go to Unleash
(23:33):
Prosperity dot com and sign up. Unleash Prosperity dot com.
Steve Moore, how you doing.
Speaker 6 (23:40):
Good Mary Christmas? And boy, we got a nice Christmas
present this morning with that low inflation number wave below expectations,
and we're now down to about two point six percent
inflation under Trump, which is, you know, half of what
it was under Biden five percent, So you know enough
about this affordability crisis. Prices of inflation has come down
(24:01):
a lot in just the last six months.
Speaker 2 (24:04):
Well, yeah, but it's an upsetting number if you're a Democrat.
They were looking for three, weren't they not two points?
Speaker 6 (24:10):
Yeah, exactly, that's a big, big error. And incidentally, you
know the most recent numbers, you know, for the last
couple of months were really low. That means that you know,
we're looking at an inflation rate that will stay low
now for the months to come. I'm extremely bullish on
twenty twenty six. I think we're going to see. I
liked what Trump had to say last night that the
(24:30):
best is yet to come. He's exactly right about that.
So feeling good about things, and you know, I can
even now go out nice for Christmas presents and with
what six days the shop left?
Speaker 2 (24:41):
Yeah. Hey, but it's a great technique they've come up
with the left and the Democrats, the media combined. You
just drilled something into people's heads and thousand times a day,
affordability crisis exactly, and they start to believe it.
Speaker 6 (24:53):
So why didn't they use that? Why didn't they use
that term when Iden was president and inflation went up
to nine percent?
Speaker 2 (25:00):
Guess he was a Democrat.
Speaker 6 (25:05):
Now it's unbelievable because you know, we've seen we're not
bringing inflation down as quickly as I'd like, but we're
seeing big improvement. And what about gas prices? Now? Look,
I know you're there in the New York area where
you still pay what three four dollars a gallon, but
in most places. The price of gas is now down
to about two seventy nine a gallon, which is really
(25:26):
you know, remember it hit five dollars.
Speaker 2 (25:28):
Remember that Biden oil is fifty five dollars.
Speaker 6 (25:32):
Now amazing, Yeah it was. It was eighty dollars when
he came into office. Now it's fifty five. So that's
what about a thirty percent reduction in the price of oil.
And by the way, when the energy price goes down
like that, mark everything. It's sort of the lead indicator
where prices are headed because energy is a component of
(25:53):
everything way by, from toys to food to you know,
rent and housing. So look, it's a good economy. Trump
was right about that last night. Now, I know people
are hurting. I know people get angry when you say
that because they want to value ground b for a sake,
and they get angry because it's really expensive. And my
wife is among those people who complains every time she
comes back to the grocery store. But no, we're cooking.
(26:16):
We got a good, decent jobs report, we got a
really good inflation report, and so it's going to be
a good Christmas Christmas day for people. And twenty twenty six, Wow,
I just wait the mess is yet to come.
Speaker 2 (26:30):
You know, the price of beef went up because the
Biden administration did everything they could to reduce the amount
of cattle we had. Remember they thought cows caused.
Speaker 6 (26:38):
Yeah, we have a record number of cows. You know,
if you reduce the number of cows, what do you
think is gonna happen to beef prices?
Speaker 2 (26:46):
Simple economics, right, you know the President rattled off all
these things, inflation way down, wages up for construction, all
these different things. But if you watch like the NBC
Nightly News, the way they phrased it is the President
claimed to the reduced inflation the present claim to How
did they get away with that kind of language.
Speaker 6 (27:05):
Well, one mistake Trump made, and a lot of us
make this mistake. Trump said, oh, I'm going to bring
prices down now, you know we in fact, you don't
want disinflation. Disinflation is even worse than inflation, and I
mean we had disinflation throughout the Great Depression in nineteen thirties.
What we want is price stability, and we want to
bring that inflation rate down to the FA target of
(27:27):
two percent. And we're well on the way. But that
means that you know, prices will still rise, but at
a much lower rate than they did Underbiden. So, you know,
I saw this poll the other day. This is a
perfect example of how the media the source thing. They
said eighty six percent of American people say prices are
everything's more expensive than ever. Well, that's true. I mean
(27:49):
prices are more expensive today than they were fifty years ago,
you know, and everything gets more expensive over time. The
point is that right now, the most important measurement is
our price is rising faster than people's wages and salaries.
And the answer to that is no. Right now, wages
and salaries are rising faster than inflation, which means we
(28:12):
have more after tax after inflation income, which means we
have more affordability. Now, look, I understand housing is really
expensive for young people. I understand Bee physics, somanthsome. Healthcare
is out of control. And that's a mystery because gee,
I thought we passed the Affordable Care Act. How could
help care prices be out of control?
Speaker 2 (28:29):
Yeah? Now, Steve Moore, you're the expert economist. In one year,
President Trump cut inflation in half, took it from five percent? Yes,
is there anything? Is there any way you could have
done more? Than that. I mean, you don't. You can't
bring it down any faster than that, can you.
Speaker 6 (28:45):
We could have, I mean we could have. I mean, look,
there's no question that the terroriffs did cause some inflation. Uh,
and you know we thought perfect example of that is
coffee prices rose a lot because we put a big
tariff on you know, coffee beans coming in from from
Columbia and Brazil and so on. But it's been a
(29:05):
good it's been a good year for the US economy.
How about the fact that the economy has been growing
at three and a half to four percent for the
last nine months.
Speaker 2 (29:12):
Now, yeah, Now, the Big Beautiful Bill.
Speaker 6 (29:14):
That's a high growth number.
Speaker 2 (29:15):
Yeah yeah. The Big Beautiful Bill doesn't kick in for
taxpayers until January. And I'm told they'll get a reduction
in their taxes more in the Patriots. Yes, yeah, I'm
told the amount is going to shock people how much
of an increase they'll get.
Speaker 6 (29:29):
That's exactly right. So the people come up to me
on the streets say, hey, well, you know you were
helped to pass that big beautiful bill. Where's my tax
And I said, just wait, it's coming in January. You know,
the no tax on tips the no tax on overtime
that you know, people will change the withholding. So most
Americans will get a boost in their paychecks starting in January.
(29:50):
And that's going to be equivalent of about two thousand
dollars for the average family. That ain't that ain't nothing.
Speaker 2 (29:55):
No. Now, the only mine land mine out there that
could go off this Affordable Care Act. Healthcare costs. What
are we going to do about that?
Speaker 6 (30:06):
Well, with one good way to start is to make
sure that we don't pass more Obamacare subsidies, which keep
feeding the beast of the healthcare system. By the way,
most of that money if we pass the increase in
all those subsidies, you know who gets about sixty cents
of every dollar of the increased subsidies the health insurance companies.
Speaker 2 (30:30):
So but we have to extend. We have to give
an extension till we figure out a plan. I mean, right,
we're going.
Speaker 6 (30:37):
To look, it's a disaster. The healthcare system is a disaster.
They've ruined it, they've ruined it, Mark and you know,
it's it's unbelievable because it's the one thing we never
have how much it's going to cost? Right, we never
ask when you know, when you go to the doctor
or the physician or the hospital. Then they say you
need to m ARI. Do you do you ask tee
how much that's going to cost?
Speaker 2 (30:57):
Yeah, nobody does.
Speaker 6 (31:00):
That's like you know, going to the grocery store and saying, oh,
I'll take that and that and that and that, not
looking at the price. Take. So we got to get
the consumer back in the market here, so everybody becomes
and that way.
Speaker 2 (31:11):
You know, you need.
Speaker 6 (31:12):
Insurance for your you know those rare really expensive things
like if you get canceled out forbid, or break your
leg or you have, you know, a chronic disease, you
want to be covered. But you know we've got to
put the patient back an equation and why not. How
about this? This is an idea Trump is paid for.
If you were to pay for some of these medical procedures,
but with cash, you would pay twenty five to thirty
(31:34):
percent less. Yes, there are some places, by the way,
an MRI literally in Washington, c One hospital charge you
eight hundred dollars for an MRI. The other one costs
you five charge you five thousand dollars. What yeah, I
mean it's the pricing is unbelievable. We need price transparency.
That's something Trump's been really good at. So anyway, I am,
I'm very optimistic.
Speaker 8 (31:55):
Are we going to be on next week?
Speaker 2 (31:56):
I don't.
Speaker 6 (31:59):
Yeah, Oh well, I have a merry, merry Christmas. I
have a happy, happy New Year. And we I'm not
going to get a pay raise for my weekly segment
with you. Next year.
Speaker 2 (32:10):
We're giving you a triple triple next year.
Speaker 6 (32:12):
Triplet Wait, triple zero is still zero?
Speaker 2 (32:16):
All right, quadruple what you are a great negotiator?
Speaker 6 (32:20):
All right? Yeah, So anyway, Mark, have a great, great
Christmas and you can't wait to talk to the end
of new year, and good things are to come, folks,
And merry Christmas to all your listeners. And get the hotline.
It's free.
Speaker 2 (32:31):
Yeah, that's a great present for yourself. It's free. Just
go to Unleash Prosperity dot com and for somebody else
gets Steve Moore's book, The Trump Economic Miracle. Be a
great Christmas presents, really good book. Steve Moore, thanks for
being with us. Talk to you next year.
Speaker 6 (32:46):
Thanks Mary, Christmas by take care.
Speaker 2 (32:49):
Yeah, I'll be uh. Actually, today's my last day of
the year. Ken Rizzotto will be here tomorrow. But then
next week and the week after. For two weeks, Curtis
Sliwa will be filling in every day. That'll be fascinating
to hear what he's got to say about the mayor race,
the new mayor and everything else. And don't forget Buck
and Clay, they'll be here at noon today right after
(33:11):
this show. And then you got Sean Hannity Most listened
to radio show in America at three, Jimmy Fayla, Great
Showvery Unit at nine, and he'll be with us in
the next hour here on seven to ten WR.
Speaker 1 (33:22):
It's the Mark Simone Show on sevent tenoray.
Speaker 2 (33:28):
Well coming up in the next hour, Jimmy Fayla will
be with us. That'll be great. Also, we'll get to
the crazy New York Times in their fake investigations. We'll
get to Brown University, We'll get to the incoming mayor.
There's some good signs of things that might happen. We'll
explain in the next hour. Don't forget. I'll be off
(33:48):
for the Christmas break. Curtis will be filling in for
two weeks. That'll be great. Back after the news seven
to ten WR