1
00:00:00,200 --> 00:00:04,400
Speaker 1: I'm back to Mark Simone onoor.

2
00:00:04,080 --> 00:00:06,880
Speaker 2: Well Steve Moore, the brilliant economist, to make sure you

3
00:00:06,920 --> 00:00:09,720
Speaker 2: get his book, The Trump Economic Miracle. It's the best

4
00:00:09,720 --> 00:00:12,480
Speaker 2: book there is on the Trump economy. You can get

5
00:00:12,480 --> 00:00:15,600
Speaker 2: it at Amazon. Also, he runs the committee to Unleashed

6
00:00:15,600 --> 00:00:19,960
Speaker 2: Prosperity and they put out the best daily briefing, news analysis.

7
00:00:19,960 --> 00:00:22,400
Speaker 2: It's free, come right to your email. Just sign up

8
00:00:22,440 --> 00:00:26,200
Speaker 2: for it. Go to Unleash Prosperity dot com. Steve Moore,

9
00:00:26,200 --> 00:00:26,799
Speaker 2: how you doing?

10
00:00:28,120 --> 00:00:30,920
Speaker 1: Hey, I'm doing well, Mark, how about you? I'm hoping

11
00:00:30,960 --> 00:00:34,880
Speaker 1: we we get this war over with in a successful way,

12
00:00:34,960 --> 00:00:37,760
Speaker 1: and I ran so we can see the price of

13
00:00:38,159 --> 00:00:40,199
Speaker 1: gasoline go back down to where it was, and I

14
00:00:40,320 --> 00:00:43,280
Speaker 1: expect that fully. I agree with Trump that once we

15
00:00:43,400 --> 00:00:46,080
Speaker 1: get the straits of Hormos open, and once we start

16
00:00:46,120 --> 00:00:50,160
Speaker 1: to get some of the infrastructure rebuilt that was bombed

17
00:00:50,159 --> 00:00:53,120
Speaker 1: by the Iranians, We're going to be headed right back

18
00:00:53,159 --> 00:00:56,560
Speaker 1: to low gas prices that we had before the war started.

19
00:00:56,600 --> 00:00:59,760
Speaker 1: And with Trump's pro drill baby drill policies.

20
00:01:00,080 --> 00:01:02,320
Speaker 2: Yeah, I know we're having a temporary spike. It's not

21
00:01:02,360 --> 00:01:04,319
Speaker 2: as bad as the Biden days, but it's a spike

22
00:01:04,480 --> 00:01:08,080
Speaker 2: and in the end, if everything works out successfully, we

23
00:01:08,120 --> 00:01:10,640
Speaker 2: could have lower gas prices than we had a month ago,

24
00:01:10,720 --> 00:01:11,920
Speaker 2: right we could.

25
00:01:12,200 --> 00:01:14,640
Speaker 1: We may very well. And look, the world is a

26
00:01:14,800 --> 00:01:18,200
Speaker 1: wash in energy and better way. This is pretty amazing

27
00:01:18,240 --> 00:01:21,000
Speaker 1: that the number one country that produces oil and gas.

28
00:01:21,080 --> 00:01:22,080
Speaker 1: You know what country that is?

29
00:01:23,600 --> 00:01:24,319
Speaker 2: United States?

30
00:01:25,200 --> 00:01:27,760
Speaker 1: Yeah, well there now the number one producer of oil

31
00:01:27,760 --> 00:01:30,200
Speaker 1: and gas. You know that from reading the hotline right

32
00:01:30,240 --> 00:01:35,600
Speaker 1: this morning. And we've surpassed Saudi Arabia and even more amazingly,

33
00:01:35,600 --> 00:01:38,360
Speaker 1: I was shocked about this and that we are now

34
00:01:38,400 --> 00:01:41,240
Speaker 1: a net exporter of oil gas for the first time

35
00:01:41,240 --> 00:01:43,360
Speaker 1: in forty years. In other words, we're producing more oil

36
00:01:43,360 --> 00:01:47,760
Speaker 1: and gas than we consume. So you know, this drill baby,

37
00:01:47,840 --> 00:01:51,120
Speaker 1: drill strategy works. But there's a global price. See, people

38
00:01:51,160 --> 00:01:53,520
Speaker 1: are confused about why is it that the price of

39
00:01:53,560 --> 00:01:57,120
Speaker 1: gas has gone up here even though it hasn't disrupted

40
00:01:57,240 --> 00:02:00,960
Speaker 1: our supplies of oil and gas, just the in oil

41
00:02:01,000 --> 00:02:02,720
Speaker 1: in the Middle East. And answer is because it's a

42
00:02:02,720 --> 00:02:05,960
Speaker 1: global commodity. So you know, even though we're producing as

43
00:02:06,000 --> 00:02:08,280
Speaker 1: much oil and gas as ever here in the US,

44
00:02:08,600 --> 00:02:10,600
Speaker 1: when you get a big disruption like you're seeing in

45
00:02:10,720 --> 00:02:13,320
Speaker 1: the in the Middle East with the Saudi Arabian oil,

46
00:02:13,320 --> 00:02:17,400
Speaker 1: et cetera. That that will cause the price to rise everywhere.

47
00:02:17,480 --> 00:02:22,079
Speaker 1: So but anyway, it's a policy. Can you imagine, by

48
00:02:22,080 --> 00:02:24,800
Speaker 1: the way, Mark, if we had not done drill, baby drill,

49
00:02:25,280 --> 00:02:28,880
Speaker 1: we'd be paying eight nine dollars a barrel of gas.

50
00:02:28,960 --> 00:02:30,200
Speaker 1: And by the way, I was on a radio show

51
00:02:30,240 --> 00:02:33,679
Speaker 1: this morning in California. There are some gas stations they're

52
00:02:33,680 --> 00:02:35,680
Speaker 1: paying eight bucks a gallon in California.

53
00:02:36,280 --> 00:02:39,720
Speaker 2: Yeah, their average is over five dollars. Now that is

54
00:02:39,800 --> 00:02:42,679
Speaker 2: mostly due to Newsome in his climate change nonsense.

55
00:02:42,720 --> 00:02:45,800
Speaker 1: That's right, that's right. So this is what's so ironic

56
00:02:45,840 --> 00:02:48,840
Speaker 1: as Gavin Newsom, who's the leading contender for the Democratic

57
00:02:49,120 --> 00:02:52,600
Speaker 1: nomination in twenty twenty eight, running around the country saying, oh,

58
00:02:52,680 --> 00:02:54,960
Speaker 1: you know, Donald Trump is causing gas prices to rise.

59
00:02:55,000 --> 00:02:57,240
Speaker 1: I'm like, wait a minute. You know, where are the

60
00:02:57,320 --> 00:03:00,880
Speaker 1: gas prices the highest in California by a mile. You know,

61
00:03:00,919 --> 00:03:03,960
Speaker 1: there are about a dollar fifty above the national average,

62
00:03:03,960 --> 00:03:06,720
Speaker 1: and gas prices there because of his own policies, and

63
00:03:06,720 --> 00:03:09,079
Speaker 1: then he blames on Trump for that. But look, I'm

64
00:03:09,080 --> 00:03:12,480
Speaker 1: confident we're going to see these prices come down, you know,

65
00:03:12,600 --> 00:03:15,639
Speaker 1: in a few weeks and that'll be blessed relief.

66
00:03:15,880 --> 00:03:19,040
Speaker 2: Yeah, you know. Newsome also his state, California has a

67
00:03:19,120 --> 00:03:21,920
Speaker 2: seventy cents a gallon tax on guests. How do they

68
00:03:22,120 --> 00:03:23,280
Speaker 2: justify something like that.

69
00:03:24,800 --> 00:03:27,120
Speaker 1: Yeah, there's a big debate in the in the legislature

70
00:03:27,120 --> 00:03:30,840
Speaker 1: there in California about why don't we suspend the gas

71
00:03:30,880 --> 00:03:32,840
Speaker 1: tax for a while while, you know, and then when

72
00:03:32,840 --> 00:03:35,480
Speaker 1: they and the Democrats all voted that down. You know,

73
00:03:35,600 --> 00:03:37,240
Speaker 1: by the way, it's the Blue states that have the

74
00:03:37,320 --> 00:03:40,520
Speaker 1: highest the gas prices. So the states with the highest

75
00:03:40,560 --> 00:03:43,840
Speaker 1: gas prices there are California number one, Washington State number two,

76
00:03:44,280 --> 00:03:48,440
Speaker 1: Hawaii number three, Oregon number four. You know, you just

77
00:03:48,440 --> 00:03:52,440
Speaker 1: go down the list, and New Jersey has high taxes. Incidentally,

78
00:03:52,480 --> 00:03:54,760
Speaker 1: there's another story related to this, because I know you

79
00:03:54,760 --> 00:03:57,840
Speaker 1: have so many listeners in the New York metropolitan area

80
00:03:58,400 --> 00:04:03,440
Speaker 1: New Jersey. Did you see that the New Jersey is

81
00:04:03,480 --> 00:04:07,480
Speaker 1: losing one of its oil companies that's moving, I believe

82
00:04:07,560 --> 00:04:10,440
Speaker 1: to Texas. See what a shock. Yeah, and I think

83
00:04:10,480 --> 00:04:13,560
Speaker 1: it's the exon of New Jersey. And so you know,

84
00:04:13,960 --> 00:04:17,960
Speaker 1: Standard Oil was basically practically founded in New Jersey and

85
00:04:18,000 --> 00:04:19,920
Speaker 1: now they're moving out. I mean it just shows these

86
00:04:20,000 --> 00:04:22,919
Speaker 1: high tax states are getting killed by the low tax

87
00:04:22,920 --> 00:04:23,599
Speaker 1: blue states.

88
00:04:23,920 --> 00:04:26,840
Speaker 2: Even the founder, as you report, the founder of Starbucks,

89
00:04:27,400 --> 00:04:31,600
Speaker 2: Howard Schultz, is leaving Washington State to move to Florida.

90
00:04:32,240 --> 00:04:35,359
Speaker 2: Hot did she everything you see that happen?

91
00:04:36,760 --> 00:04:38,960
Speaker 1: Yeah, I mean it's funny. And by the way, Schultz

92
00:04:39,040 --> 00:04:42,040
Speaker 1: is a liberal guy. I mean he's a bleeding heart liberal.

93
00:04:42,560 --> 00:04:46,440
Speaker 1: And even he's moving the low states up, that means

94
00:04:46,680 --> 00:04:49,760
Speaker 1: you're gonna see a lot of billionaires moving to Texas

95
00:04:49,800 --> 00:04:52,800
Speaker 1: and Florida and Tennessee and states that don't impose income taxes.

96
00:04:52,839 --> 00:04:55,840
Speaker 1: And that's why. By the way, New Jersey, you know,

97
00:04:56,080 --> 00:04:59,239
Speaker 1: until the I think it was around the mid nineteen sixties,

98
00:04:59,279 --> 00:05:01,719
Speaker 1: did not happen in tax and it might have been

99
00:05:01,720 --> 00:05:03,840
Speaker 1: in the early seventies. Day about the income tax. Now

100
00:05:03,880 --> 00:05:05,400
Speaker 1: you have in New Jersey as the one of the

101
00:05:05,480 --> 00:05:08,080
Speaker 1: highest income taxes in the country. And gee, is it

102
00:05:08,160 --> 00:05:10,960
Speaker 1: surprising people are leaving New York, New Jersey, Connecticut with

103
00:05:11,000 --> 00:05:13,719
Speaker 1: the high income taxes. I don't think it is.

104
00:05:13,960 --> 00:05:16,760
Speaker 2: Yeah. Now, for a young Democrats listening right, explain this

105
00:05:16,839 --> 00:05:19,800
Speaker 2: to them. Florida, no income tax, Texas, no income tex

106
00:05:20,160 --> 00:05:22,039
Speaker 2: Yet they're booming, aren't they.

107
00:05:22,240 --> 00:05:24,839
Speaker 1: Yeah, And they have a lot of their budget surpluses,

108
00:05:24,839 --> 00:05:27,600
Speaker 1: whereas New York, New Jersey, Connecticut are struggling with the

109
00:05:27,680 --> 00:05:30,320
Speaker 1: highest income taxes to balance the budgets.

110
00:05:31,160 --> 00:05:33,440
Speaker 2: And what's the secret of that? Just hold your costs down,

111
00:05:33,800 --> 00:05:34,799
Speaker 2: control your budget.

112
00:05:36,240 --> 00:05:38,839
Speaker 1: Well, if you have if you have nine states that

113
00:05:38,920 --> 00:05:41,039
Speaker 1: have no income taxes, we do in the United States,

114
00:05:41,240 --> 00:05:43,960
Speaker 1: and they're growing twice as fast as the states that

115
00:05:44,000 --> 00:05:47,120
Speaker 1: have high income taxes. Do you know the answer to this?

116
00:05:47,839 --> 00:05:50,560
Speaker 1: Maybe those high income tax states when they want to

117
00:05:50,560 --> 00:05:53,040
Speaker 1: lower their income tax rates, But in New York and

118
00:05:53,080 --> 00:05:55,560
Speaker 1: New Jersey they talk about raising them again. California is

119
00:05:55,560 --> 00:05:59,280
Speaker 1: talking about an eight percent wealth tax on top of

120
00:05:59,279 --> 00:06:02,000
Speaker 1: the highest income tax. I mean, these Democrats, all they

121
00:06:02,000 --> 00:06:04,520
Speaker 1: want to do is tax, tax, tax, spend, span spend.

122
00:06:04,720 --> 00:06:07,400
Speaker 2: Yeah. Hey, Steve Moore in the hotline today, this is

123
00:06:07,400 --> 00:06:12,039
Speaker 2: a great idea the TSA. You talk about privatizing them.

124
00:06:12,080 --> 00:06:14,640
Speaker 2: It makes perfect sense. Wouldn't that save us a fortune

125
00:06:14,640 --> 00:06:15,480
Speaker 2: and be more efficient?

126
00:06:16,839 --> 00:06:19,000
Speaker 1: Yeah? I mean people are very frustrated with how long

127
00:06:19,040 --> 00:06:20,960
Speaker 1: it takes to get through the I travel a lot.

128
00:06:21,000 --> 00:06:23,280
Speaker 1: I know you do, and I know a lot of

129
00:06:23,320 --> 00:06:25,279
Speaker 1: your listeners do, and you know when you go to

130
00:06:25,320 --> 00:06:28,800
Speaker 1: the TSA. Now, especially that the government, that agency of

131
00:06:28,839 --> 00:06:31,800
Speaker 1: government has been shut down, thank you, Chuck Schumer. It's

132
00:06:31,960 --> 00:06:34,520
Speaker 1: at some point some cities it's taking two to three

133
00:06:34,680 --> 00:06:39,480
Speaker 1: hours to get through TSA and to get through the security.

134
00:06:39,760 --> 00:06:42,840
Speaker 1: That if we had a privatized system, you could get

135
00:06:42,839 --> 00:06:43,880
Speaker 1: through in fifteen.

136
00:06:43,520 --> 00:06:46,719
Speaker 2: Minutes, really and save a lot of money in the process,

137
00:06:46,720 --> 00:06:47,160
Speaker 2: wouldn't we.

138
00:06:47,360 --> 00:06:48,600
Speaker 1: You would save a lot of money. Yep.

139
00:06:48,880 --> 00:06:53,839
Speaker 2: Yeah, so yeah, But when they the airline businesses, the

140
00:06:54,120 --> 00:06:56,599
Speaker 2: Trump has always said the worst business in the world.

141
00:06:56,720 --> 00:06:58,880
Speaker 2: You're always going to lose money in the airline business.

142
00:06:59,200 --> 00:07:01,680
Speaker 2: But that doesn't mean that airports have to be run inefficiently.

143
00:07:01,760 --> 00:07:03,200
Speaker 2: That's a whole different business, isn't it.

144
00:07:05,000 --> 00:07:07,440
Speaker 1: Yeah, why does the government have to run airports? They

145
00:07:07,440 --> 00:07:09,720
Speaker 1: don't run anything very well. They don't run the postal

146
00:07:09,760 --> 00:07:11,880
Speaker 1: service very well. They can't balance the budget, they can't

147
00:07:11,880 --> 00:07:14,960
Speaker 1: fight crime, they can't do any of the financial stuff.

148
00:07:14,960 --> 00:07:17,520
Speaker 1: So why would we Why would we turn over that

149
00:07:17,560 --> 00:07:21,840
Speaker 1: operation to UH to government employees. I guarantee you we'd

150
00:07:21,840 --> 00:07:25,400
Speaker 1: have a much more efficient system if if the airports

151
00:07:25,440 --> 00:07:29,280
Speaker 1: and the and the and the TSA security was done

152
00:07:29,600 --> 00:07:31,760
Speaker 1: by private employees. And by the way, the reason the

153
00:07:31,800 --> 00:07:33,680
Speaker 1: Democrats don't want to do that is because they're all

154
00:07:33,720 --> 00:07:35,640
Speaker 1: government employees and they're all members of unions.

155
00:07:36,400 --> 00:07:38,200
Speaker 2: Well, if you want to read stories like the great

156
00:07:38,240 --> 00:07:41,520
Speaker 2: news and analysis, the best daily briefing comes from the

157
00:07:41,520 --> 00:07:44,720
Speaker 2: committee to Unleashed Prosperity. And hey, you put it out

158
00:07:44,760 --> 00:07:48,760
Speaker 2: earlier this morning. I like that.

159
00:07:48,920 --> 00:07:51,000
Speaker 1: Not much better just in time for you, Mark, much

160
00:07:51,040 --> 00:07:52,120
Speaker 1: better time for your show.

161
00:07:52,640 --> 00:07:55,760
Speaker 2: Well, Steve Moore. Everybody gets Steve Moore's book, The Trump

162
00:07:55,800 --> 00:07:58,560
Speaker 2: Economic Miracle, and sign up for the hotline. Go to

163
00:07:58,760 --> 00:08:02,600
Speaker 2: Unleashed Prosperity. It's free. Just sign up for It's Steve Moore.

164
00:08:03,040 --> 00:08:04,440
Speaker 2: Thanks for being with us.

165
00:08:04,640 --> 00:08:06,640
Speaker 1: Okay, Mark, have a great day and great weekend.

166
00:08:06,720 --> 00:08:09,200
Speaker 2: Take care, all right, take care. It's the best daily

167
00:08:09,240 --> 00:08:13,280
Speaker 2: briefing and analysis. Just go to Unleash Prosperity dot com.

168
00:08:13,560 --> 00:08:15,400
Speaker 2: Sign up for the hotline. It'll come right to your

169
00:08:15,400 --> 00:08:18,720
Speaker 2: email every day. Hey, Buck and Clay at noon today,

170
00:08:18,760 --> 00:08:21,040
Speaker 2: they'll have an excellent show for you. Buck's got a

171
00:08:21,080 --> 00:08:23,080
Speaker 2: new book out you should get. Go to Amazon and

172
00:08:23,200 --> 00:08:26,440
Speaker 2: order it. Sean Hannity, the most listened to radio show

173
00:08:27,000 --> 00:08:32,280
Speaker 2: in America. At three o'clock, He's got a new podcast, Hank,

174
00:08:32,320 --> 00:08:35,440
Speaker 2: It's called what's it called? Sean Hannity. It's called Hanging Out.

175
00:08:36,360 --> 00:08:40,880
Speaker 2: Second episode coming out today, so check that out. And

176
00:08:40,880 --> 00:08:43,640
Speaker 2: then six o'clock you got Jesse Kelly. And then every

177
00:08:43,720 --> 00:08:46,200
Speaker 2: night at nine you got Jimmy Fayla, the great comedian

178
00:08:46,240 --> 00:08:49,240
Speaker 2: with a wonderful show every night at nine, very funny

179
00:08:49,360 --> 00:08:51,280
Speaker 2: and in fact, he'll be with us in the next hour.

180
00:08:51,640 --> 00:08:54,199
Speaker 2: Jimmy Fayla coming up next hour with us on seven

181
00:08:54,200 --> 00:08:55,640
Speaker 2: to ten WR