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Speaker 1: It'stightside Richard Donald Happy Friday. Oh money my campaign trial

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Speaker 1: updat us.

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Speaker 2: Well, it's decades ago of course when Clinton A. James

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Speaker 2: Carvill coined the phrase it's the economy stupid when talking

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Speaker 2: about presdential politics. Here, not much has change. Money is

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Speaker 2: the topic of this day, and Trump just announced that

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Speaker 2: if he gets back in he will name Elon Musk

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Speaker 2: as an economic czar to review the entire government everything.

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Speaker 2: Elon Musk, which is man in the world, is the

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Speaker 2: head of a government efficiency commission to take a look

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Speaker 2: at everything the government does, says Trump. Of that idea,

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Speaker 2: create a.

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Speaker 3: Government Efficiency Commission task with conducting a complete financial and

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Speaker 3: performance audit of the entire federal government and making recommendations

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Speaker 3: for drastic reforms need to do. It can't go on

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Speaker 3: the way we are now. And Elon, because he's not

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Speaker 3: very busy, has agreed to hit that task force.

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Speaker 2: So Elon for Boss of the world. So that should

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Speaker 2: set up a little debate as to the rest of

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Speaker 2: Trump's speech to the Economic Club of New Yorkshire. Time ago,

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Speaker 2: it was all about giving more tax cuts to the

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Speaker 2: wealthy and raising taris. Meantime, Kamala Harris is talking about

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Speaker 2: sharply increasing incentives for new small businesses and easing the

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Speaker 2: tax burden on the middle class. So rich versus poor

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Speaker 2: longer dynamic in American politics since the days of you know,

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Speaker 2: Canugie and Rockefeller and Vanderbilts and the rest of the

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Speaker 2: so called Robert Baron's at the turn of the twentieth century.

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Speaker 2: Kamala Harris says, all this, the tariffs, the deportations, the

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Speaker 2: ever growing corporate tax cuts will cause economic chaos.

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Speaker 4: He intends to cut off federal programs that give loans

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Speaker 4: to small businesses. He plans to give billionaires massive tax cuts,

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Speaker 4: and to cut corporate taxes by over a trillion dollars

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Speaker 4: even as they pull in record profits.

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Speaker 2: Well, Golden Saxy Financial services Company and investment Bank has

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Speaker 2: come out today siding with Harris. Here's what they say.

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Speaker 2: Quote with Trump, the hit to growth from tariffs and

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Speaker 2: tighter immigration policy would outweigh the positive fiscal impulse. As

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Speaker 2: to Harris, they say, quote new spending and expanded middle

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Speaker 2: income tax credits would slightly more than off set lower

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Speaker 2: investment due to higher corporate tax rates. So that's perhaps

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Speaker 2: a little surprising from some on Wall Street, where the

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Speaker 2: Dow has been on a bit of a slide of late,

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Speaker 2: as we've seen. As for inflation, it's been really a

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Speaker 2: desperate battle in recent months to try to bring inflation down,

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Speaker 2: and that has sent interest rates to sky high levels,

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Speaker 2: making cars and homes unaffordable for many folks, and even

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Speaker 2: raising grossy prices. Gold And says increased tarifts on things

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Speaker 2: like auto imports from China Mexico when the EU would

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Speaker 2: significantly raise core inflation, while the shift away from federal

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Speaker 2: health and education programs would significantly add to the economic

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Speaker 2: woes of poorer states, especially southern states in this country,

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Speaker 2: which benefit way, way more than the wealthier states here

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Speaker 2: when it comes to federal programs.

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Speaker 1: And then as regards election and what Merrick Garland was

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Speaker 1: saying yesterday at the Dog on top of this, uh.

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Speaker 2: I don't know, but it's interesting, isn't it. They say

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Speaker 2: that more than ever, Putin's in a Circle has been

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Speaker 2: trying to influence the elections here. The US Attorney General,

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Speaker 2: Merrick Garland says Putin Aide set up phony websites meant

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Speaker 2: to look like legitimate news outlets, which then carried Russian

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Speaker 2: propaganda opposing Biden and the war in Ukraine.

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Speaker 5: These websites were designed to appear to American readers as

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Speaker 5: if they were major US news sites like the Washington

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Speaker 5: Post or Fox News, but in fact they were fake sites.

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Speaker 2: He says, this is more electoral interference than we have

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Speaker 2: seen before from Moscow.

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Speaker 5: It's an acceleration of and it's an increased sophistication.

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Speaker 2: So that's the headline. I didn't need to spend a

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Speaker 2: lot of money on it either. It was a budget

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Speaker 2: around ten million dollars US. But the US now has

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Speaker 2: sees thirty two internet domains which were spun out of

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Speaker 2: a Tennessee based content creation company which posted nearly two

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Speaker 2: thousand fake videos in English, and then they were intended

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Speaker 2: to amplify divisions within this country's political scene. Not hard

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Speaker 2: to do. One unnamed contributor with two point four million

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Speaker 2: YouTube followers received four hundred thousand US dollars a month

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Speaker 2: for making four videos a week. Another contributor was paid

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Speaker 2: one hundred thousand bucks per video. Meantime, vladim me Putin

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Speaker 2: has just made an appearance where he has spoken of

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Speaker 2: the American presidential campaign, saying his favorite, if I may

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Speaker 2: say so, says Putin, was the incumbent President Biden, but

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Speaker 2: he recommended that his supporters support Miss Harris, said Putin,

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Speaker 2: adding quote, so we will do the same. Commentators noted

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Speaker 2: that Putin was smiling, grinning widely as he said this

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Speaker 2: bit of a joker is rightly.

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Speaker 1: All right, have a good weekend. We'll see you on Monday,

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Speaker 1: just before we live. By the way, the Harris campers agreed.

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Speaker 1: Apparently the weirdest thing on this debate. They've agreed to

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Speaker 1: the muted micro rule. I thought they'd agreed to all

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Speaker 1: the rules of the previous debate and then they decided

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Speaker 1: they wouldn't agree, and now they've decided they well agree.

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Speaker 1: More probably more important, Biden's expected to announce, by the way,

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Speaker 1: that he's blocking a takeover of US steel maker by

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Speaker 1: Japanese company. A huge deal. It's fifteen billion dollar deal.

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Speaker 1: They announced it a while back. In fact, it was

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Speaker 1: announced last year. Nippon Steel and US Steel they were

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Speaker 1: going to get together. It would create one of the

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Speaker 1: world's largest steel companies outside of China. Investors loved it.

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Speaker 1: It was going to save the company because the US

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Speaker 1: Steel's in a pile of pain. Not that the unions

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Speaker 1: can see that. They're up in arms now, so Biden's

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Speaker 1: going to block it. The shares are down. Trump and

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Speaker 1: Harris actually would block it as well, so watch for

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Speaker 1: that one in the next day or so.

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Speaker 2: For more from the Mic Asking Breakfast, listen live to

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Speaker 2: news talks it'd be from six am weekdays, or follow

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Speaker 2: the podcast on iHeartRadio.