THAT IS IN THE MID-60 PRICE RANGE, $66 A BARREL, GASOLINE,
RANGE, $66 A BARREL, GASOLINE,
$3.04 A GALLON, NATIONAL
AVERAGE.
SHORTLY PRESIDENT BIDEN LEAVES
THE WHITE HOUSE, HEADING TO
AFFORD ELECTRIC PLANT IN
MICHIGAN TO DELIVER REMARKS
LATER TODAY, HE WILL PUMP UP
ELECTRIC CARS AND HIS GREEN AGENDA.
NOW THIS, LARRY KUDLOW’S TAX
SPECIAL I MADE THE CASE THAT
THE LEFT IS THREATENING OUR
ECONOMIC RECOVERY.
ROLE TAPE PLEASE.
>> IN 18 MONTHS WE HAVE COME
FROM A BRILLIANT ECONOMY TO
NEO-SOCIALISM IN 18 MONTHS.
I’M SHAKING MY HEAD, CAN’T
BELIEVE THIS IS HAPPENING BUT I
HATE TO SAY IT BUT WE SHOULD NOT IGNORE POLITICS HERE.
NOT IGNORE POLITICS HERE.
THIS KIND OF SOCIALIST
JEALOUSY, AND THAT IS BECOMING
INCREASINGLY POPULAR. IT IS BACKED UP BY THE MEDIA
IT IS BACKED UP BY THE MEDIA
AND IT IS AWFUL.
>> YOU DON’T REALLY COMFORTABLE
WITH WHAT I WAS PREACHING THE VIRTUES OF CAPITALISM.
VIRTUES OF CAPITALISM.
IT IS AN ENTHUSIASTIC RESPONSE. >> -- AND SOCIALISM IS NOT AS
>> -- AND SOCIALISM IS NOT AS
POPULAR AS YOU THING.
CAPITALISM VERSUS SOCIALISM,
SOCIALISM IS USUALLY BY 60/40,
SOMETHING LIKE THAT.
AND IF THEY PASS, DON’T KNOW IF IT WILL PASS.
IT WILL PASS. IS INCREASINGLY NOT POPULAR.
IS INCREASINGLY NOT POPULAR.
THAT IS NOT POPULAR, AND RAISING TAXES ON BUSINESSES,
RAISING TAXES ON BUSINESSES,
THE -- US GREAT QUESTIONS, I
DON’T THINK THE USA, WHERE
EUROPE WAS OR IS, I DON’T THINK SO.
>>
>>, THE EXTRA AMOUNT, BUT
CUTTING OFF UNEMPLOYMENT
BENEFITS.
REPUBLICAN STATES ALMOST
ENTIRELY REPUBLICAN, THAT IS A
POLITICAL STATE AT THE STATE
LEVEL, THEY ARE CUTTING OFF
UNEMPLOYMENT BENEFITS, WILL
GROW AND EXPAND RAPIDLY AND
LEAD THE DEMOCRATS STATES
BEHIND?
>> THEY ALREADY ARE.
THEY ABSOLUTELY ALREADY ARE.
THE FIRST TEST IN THIS WAS
REPUBLICAN STATES LED THE
OPENING.
THE UNEMPLOYMENT RATES ALMOST
TO ESTATE ARE BELOW THE BLUE
STATE UNEMPLOYMENT THAT OPENED LATE.
YOU WILL SEE THE NEXT STEP,
LESS GENEROUS, STATE
UNEMPLOYMENT BENEFITS ARE STILL
THERE.
YOU ARE TALKING THE FEDERAL TOP
OFF WHICH IS AN EXTRA $300
WHICH WHEN YOU HAVE A HUSBAND
AND WIFE CAN AMOUNT TO ALMOST
90 OR 100,$000 SO IT IS A LOT.
I AM JUST SAYING AS THE STATE
LEGAL WAY TOWARD LESS GENEROUS
BENEFITS YOU WILL SEE THEM
CONTINUE TO OUTPERFORM AND
ALREADY THAT IS BEGINNING.
IT IS LESS THAN 20 STATES.
THEY ALREADY STOPPED THE
FEDERAL PLUS SIDE.
MAKING IT REAL SIMPLE NEW YORK,
FLORIDA, THAT IS AS MUCH AS YOU
HAVE TO KNOW.
NEW YORK, FLORIDA AND YOU SEE
THE GAP.
NEW YORK HAD JUST AS BAD IF NOT
WORSE COVID FATALITIES, NEW
YORK IS STILL OFFERING GENEROUS
BENEFITS, TO ILLEGAL
IMMIGRANTS, A DREADFUL IDEA.
FLORIDA IS THAT WE ARE
PERFORMING IT IS UNBELIEVABLE.
THAT IS THE EASY WAY TO LOOK AT
IT.
STUART: THIS AFTERNOON ON YOUR
SHOW YOU HAVE LEON COOPERMAN ON
THE PROGRAM WITH YOU THIS
AFTERNOON.
I REMEMBER HIM FROM WAY BACK.
I THINK HE IS A CONSERVATIVE
AND I THINK HE REALLY OPPOSES
ELIZABETH WARREN’S VIGOROUS --
IS THAT WHAT HE IS GOING TO SAY
THIS AFTERNOON?
>> I WILL LET HIM SPEAK FOR
HIMSELF.
LEON COOPERMAN IS AN OLD
FRIEND, VERY BRILLIANT INVESTOR
AND A SELF-MADE MAN AND I THINK
THAT IS SO IMPORTANT AND I
THINK HE DOES NOT AGREE WITH A
LOT OF THE GIVEAWAYS AND
CENTRAL PLANNING AND FAXING OF
INHERITANCE AND THINGS LIKE THAT BUT MOSTLY LEON IS COMING
THAT BUT MOSTLY LEON IS COMING
ON THE SHOW, VERY DEAR FRIENDS,
TO TALK ABOUT STOCKS.
LET’S HAVE A GOOD DISCUSSION OF
THE STOCK MARKET.
IS IT SLOWING DOWN?
IS IT WORRIED ABOUT INFLATION?
IS IT WORRIED ABOUT INTEREST
RATES, IS IT WORRIED ABOUT
TAXES?
THAT IS WHAT WE WILL TALK ABOUT
WITH LEON COOPERMAN.
STUART: I TEND TO GO MORE
TOWARD THE POLITICS AND NOT SO
MUCH TOWARDS THE MARKET BUT
STRAIGHTEN US ALL OUT ON THE
SHOW.
LARRY KUDLOW.
GOOD STUFF.
>> SOMETIMES WE DOUBLE AS A