TIMES A DAY COAST TO COAST ON
THE SALEM RADIO NETWORK.
JOINING US, JUST BACK FROM DAVOS
WHERE PRESIDENT TRUMP WAS A BIG
HIT AMONG THE WORLD LEADERS.
LARRY KUDLOW BACK FROM THE HIGH
MOUNTAINS AND TALL COTTON.
WHAT'S IT BACK TO BE BACK WITH A
REGULAR FELLA LIKE ME.
>> IT'S ALWAYS GOOD TO TALK TO
YOU, ESPECIALLY AFTER DAVOS AND
THE SO-CALLED GLOBAL ELITES.
THE PRESIDENT WAS AT THE TOP OF
HIS GAME AND GAVE A BRILLIANT
SPEECH TO THE CROWD.
HE CARRIED THE DAY WITH HIS
OPTIMISM AND HIS EMPHASIS ON
ECONOMIC GROWTH BEEP CALLED THE
AMERICAN MODEL.
FREE ENTERPRISE.
TALKING ABOUT THE BLUE COLLAR
BOOM WE ARE HAVING.
THE MIDDLE AND MORE WAGE OWNERS
HAVE THE FASTEST WAGE GROWTH,
OUTSTRIPPING THE MANAGERS.
THE INCREASE IN CONSUMER WEALTH,
THE BOTTOM 50% GOT ALMOST HALF
OF THE INCREASE.
3.5% UNEMPLOYMENT RATE.
YOU GO DOWN EVERY DEMOGRAPHIC
CATEGORY AT VIRTUALLY HISTORIC
LOWS.
EVEN THE MILLENNIALS ARE
WORKING.
IT'S INTERESTING TO ME, YOU WERE
TALKING ABOUT IMPEACHMENT AND
ALL OF THAT.
LOU: I GOT A FEW WORDS IN
EARLIER.
>> THE FOLKS ON THE OTHER SIDE
OF THE AISLE WILL DO ANYTHING
NOT TO TALK ABOUT THIS ECONOMY.
AND THE BLUE COLLAR BOOM.
I JUST WANT TO SAY, YOU KNOW, AT
SOME POINT THEY WILL HAVE TO
GIVE WAY.
THEIR COGNITIVE DISSIDENCE WILL
HAVE TO GIVE WAY TO THE FACTS.
WE THE PRESENTED THE FACTS AT
DAVOS AND WE'LL CONTINUE TO
PRESENT THE FACTS HERE.
IT'S GREAT TO BE HOME.
LOU: I'M GLAD I ASKED.
I APPRECIATE THAT DECISION.
LET'S TURN TO A COUPLE THINGS
THAT IMPRESSED ME MIGHTILY AND
IMPRESSED PEOPLE AROUND THE
WORLD.
THOSE GLOBALIST ELITES WHETHER
IN GOVERNMENT OR BUSINESS, HAD
TO STAND BACK AND SAY HOLY
MACKEREL.
WHAT THIS PRESIDENT HAS DONE IN
THREE YEARS -- THESE ARE THE
SAME PEOPLE WHO SAID HE WOULD BE
A DISASTER FOR THE MARKETS.
HE DIDN'T KNOW WHAT HE WAS
TALKING ABOUT ABOUT THE ECONOMY.
THAT HE WOULD SOMEHOW COMPLETELY
FOUL UP AMERICA'S LONG TRACK
RECORD OF BRILLIANT FOREIGN
POLICY, THE MOST RECENT EXAMPLE
WAS BARACK OBAMA'S PATIENCE AND
PASSIVITY.
THIS IS A PRESIDENT WHO HAS COME
FULL CIRCLE WITH THESE PEOPLE
WHO JUST WERE HIS MOST VICIOUS
CRITICS.
AND THEY HAVE NOW GOT TO TAKE --
WELL, TAKE A LONG HARD LOOK AT
WHAT HE TERMED THE AMERICAN
MODEL OF SUCCESS.
>> YES.
IT'S INTERESTING ON THIS.
WE VISITED WITH A LOT OF CEOs
AT SEVERAL DIFFERENCE AND
LUNCHES.
PROBABLY A COUPLE HUNDRED
CEOs.
WHAT I HEARD AGAIN AND AGAIN WAS
I HAD NO IDEA OF THE FACTS, I
HAD NO IDEA OF THE ACHIEVEMENT.
THIS COGNITIVE DISSIDENCE IN THE
COUNTRY WITH BAD INFORMATION.
I'M GLAD IN THE SPEECH WE PUT A
LOT OF FACTS IN.
THE PRESIDENT LOVES TO DEAL WITH
FACTS AND LAY IT OUT ON GROWTH
AND UNEMPLOYMENT, ON THE BLUE
COLLAR WAGE BOOM.
ON THE STOCK MARKET WHICH IS A
SIGN OF GREAT BUSINESS AND A
BETTER ECONOMY TO COME.
ON THE TRADE DEAL WITH CHINA,
USMCA, JAPAN AND KOREA.
AND PERHAPS A TRADE DEAL WITH
THE UNITED KINGDOM.
WE ARE NEGOTIATING IN EARNEST
WITH EUROPE.
THE PRESIDENT'S TOUGH STYLE.
MAYBE THEY READ THE PAPERS.
MAYBE THAT'S THE PROBLEM.
LOU: YOU ARE STILL TALKING ABOUT
THE CEOs.
THEY HAVE STAFFS REQUIRED TO
PROVIDE THEM WITH THE MOST
RECENT DATA.
IT'S STUNNING TO THINK THEY
WOULD GET THEIR INFORMATION FROM
THE CHAMBER OF COMMERCE OR THE
BUSINESS ROUND TABLE RATHER THAN
IN THE PAROLE WORLD IN WHICH
THEY HAVE TO WORK.
>> THAT'S WHY I THINK THE
PRESIDENT IS SPEAK UP.
I HAVE NEVER BEEN TO DAVOS
BEFORE.
I AVOIDED IT LIKE THE PLAYING.
BUT I'M GLAD I WENT THIS YEAR.
I WAS PROUD TO BE BY HIS SIDE.
HE DID CARRY THE DAY.
SECOND OF ALL, I GOT IN MY OWN
CONVERSATIONS TO EMPHASIZE THE
FACTS OF THE MATTER.
AND I THINK THAT'S VERY
IMPORTANT.
I THINK A LOT OF THOSE FOLKS ARE
BECOMING TRUMP SUPPORTERS.
BUT THE AMERICAN MODEL.
WHAT DID WE DO?
LOWER TAXES.
MASSIVE ROLLBACK OF COSTLY
REGULATIONS THAT DAMAGE
BUSINESS.
ENERGY INDEPENDENCE, AND
SUCCESSFUL TRADE DEALS AND
NEGOTIATIONS TO STOP UNFAIR
TRADING PRACTICES WHICH HAS
DAMAGED EVERYBODY.
WORKERS, MANUFACTURERS, YOU A
TOES, FARMERS, TECHNOLOGY
PEOPLE.
SIMPLE PROGRAM TO CREATE
ECONOMIC GROWTH.
LOU: DON'T FORGET THE IMPORTANCE
OF THOSE TARIFFS WHICH THOSE
SAME CEOs AT DAVOS SAID WOULD
DISRUPT AND DESTROY OUR MARKETS
AND ECONOMY AND PREVENT ANY
POSSIBILITY OF GROWTH AND
PROSPERITY.
THEY HAVE BEEN AN IMPORTANT TOOL
TO RESTORING EXACTLY THOSE GOALS
WITH THIS -- THAT THIS PRESIDENT
SAID BACK IN 2015.
>> I AGREE.
ON THIS POINT, I AGREE.
I THINK THE PRESIDENT TAUGHT US
HOW TO NEGOTIATE.
I AGREE.
AND I PROMOTED IT.
BUT AGAIN HE CARRIES THE DAY.
DURING COURSE OF THIS ELECTION
SEASON, THE FACTS WILL WIN OUT.
THAT WILL BE OUR CARD.
LOU: WE LIVE BY THAT VERY, VERY
SAME SET OF VALUES.
FACTS, FACTS AND FACTS.
THAT'S WHY WE GET ALONG SO WELL.