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tv   Kudlow  FOX Business  May 14, 2024 7:00pm-8:00pm EDT

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the grandmother that donates once a month, they are changing people's lives. and that's a big deal. [music playing] larry: hello, folks. welcome to kudlow, i'm l arry kudlow. well, day 17 of alvin bragg
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trial from michael cohen, i am still looking for a crime. we hear from gregg jarrett. we have senator tim scott on set. to tell us about joe biden's bottomless pinnochios on economy and inflation, breitbart's john carney and russell vaught talk to us about inflation, donald trump is locked up in a courtroom, joe biden spending a imp fortune campaigning and mr. trump's lead in swing states is growing larger, charter hurt and katie -- charlie hurt and katie pavlich will join us. day 17 of this trial, gregg jarrett did you 11 an learn anything today. reporter: you know that is a great question. the answer is, no.
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the morning was the second day of cohen. you know, notorious liar and serial purger. he did not lay a finger on trump, he takes witness stand. he doesn't deliver a devastating blow that his former boss. this case is really about the core d indictment charges misdemeanor that are magically elevated to a felony, you never get to the felony if you knock out following records misdemeanors, cohen it not do that, he explained what the payments he received were for. and it turns out they were
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for legal services. so, you know, i think that defense opportunity to argue a vigorous directed verdict at end of p prosecutions' case has increased. larry: jonathan turley was on yesterday, i asked him about the tape, audiotape. when your own lawyer tapes you and you don't know. you know jonathan said this is appalling. it is a new low. and we'll have to pat-down our lawyers now in case they tape or conversations in secret. that a weird thing. the tape, jonathan said that tape didn't have much. when you go through it, my question to you, what you hear is a client following the advice of his lawyer.
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none of which has anything to do with crimes, illegalities or federal crimes, at some level, i would like to simplify that. that is the way i see it. reporter: it is. aalvin bragg. the elected d.a. who promised he would put trump behind bars, his campaign theme. he wants to put trump in prison for following his lawyer's legal advice. it is laughable. this is preposterous and absurd, this judge, is sort of letting him get away with it, this is a train wreck, and the judge is you know, the engineer driving the locomotive, he could have avoided it. instead as if he took off his robe, stepped down from
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the bench and sitting at the prosecution's table. larry: nondisclo disclosure gr agreements not the illegal, last one, what is -- what is illegal? where is the crime? reporter: you know, where is the beef? there is no crime, i are said this all along, i wrote a column a long time ago, saying this always a trial in search of an imaginary crime you will find nowhere in criminal codes. this sort of convoluted theory by ba bragg, saying it is a violation of -- finance. it is not. but you know bragg didn't care, he wanted to mangle the law, contort of evidence, twist the facts in
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order to take out trump to benefit joe biden. this is blatant election interference and americans see it, that is why trump's poll numbers have gone up. larry: yes, indeed, gregg jarrett thank you, you can watch more of gregg jarrett's coverage of donald trump new york trial on "fox nation," streaming right now. >> for the riff. inflation heating up. joe biden slapping tariffs on chinese product, we mostly don't buy. our nation's finances are in tatters. the string of hotter than expected admini inflation reports continue. annual rate then a small business sentiment continues to hover near nearly 20% below levels during the trump years, today president biden comes out with new tariffs on china, including electric vehicles and steel
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product that americans hardly buy. we already have 50 percent tariffs on most of the product and. >> there was no counter moves or strategies to help american exporters, or u.s. business ownership in china, no demands made to stand intellectual property theft or force transfer of technology or nothing to mandate china purchases of american farm or other commodities bidens did not address problem of cheap chinese cars, manufacturer in china but exported under the radar screen from mexico to avoid tariff. most important no biden attempts to stop china from importing iranian and russian oil. not a peep. that broke all of the
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sanctions, financing two wars against the united states not a peep on this from the bidens. too little too late too meek. thin. matter of america's crumbling finances mr. biden is in denial about the 2 trillion dollar budget deficit, public hold federal debt to rise from 28 trillion this year to 48 trillion over the 10 year cbo budget window that 1/16% of gdp . and interest expense. running around 870 billion today, to rise to 1.6 trillion over the budget period. that would put it higher than spending on defense. and national security. food stamps, explodes despite recovery from c ccovid.
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only 24% of able bodied recipients are working. they are all reasons why joe biden may have donald trump temporarily locked up in the court. but trump is pulling away in the key swing states. that is the riff. now, great pleasure, joining me, great old friend, south carolina senator mr. tim scott. welcome great to see you right here on set. you have to hear this, you have to hear it. roll this biden. >> i think inflation has gone slightly you were, it was 9% when i came in now down 3%. but, fact is that i think people are uncertain. larry: there you go. >> unbelievable. larry: second time in two or 3 days, saying he got 9%, mr. trump handed him 1.4%.
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you know this. >> this is ridiculous. all window dressing, we need to know bidenomics should be called brokenomics, under president trump we had anonymouses in under 2%. we had thetic economy growing for every class of americans. president trump promised 4,000 dollars per family. he missed, it was 4400 per family. he actually over delivered. bidenomics brokenomics is devastating millennials trying to buy a home for the first time. it is one of reasons why there is a tie, millennials are looking at joe biden saying, not so much. they turn to donald trump, they say, i want 2% inflation. that brings our interests from over 7% for 30-year
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mortgage down closer to 3%, that will allow you to buy more home and alows our equity to g grow faster, but important 52 consecutive paychecks under joe biden with inflation, being higher, than increases of wages. what does that mean? what does it mean to a single mother like fantastic one that raised h me, she is spending extra 10,000 dollars a year on a 40 thousand dollar income, she could no longer decide to go to the gas station and to the store and get the prescriptions filled. she has to ration something, americans under bidenomics, the weight is too heavy it is like quicksand under their feet. i can't think of anything more devastating than 4 more
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years of the disaster known at brokenomics. larry: the thing s you know, you look as this court case all of these court cases. noun of up in of the court cases have anything to do with gasoline prices or grocery prices or mortgage rates. the fact that real wages are falling. i think that is a big reason why this has not moved the meter. the issues that folks are worried about are not represented in the courtrooms. >> absolutely not, they are represented at kitchen table, the family takes out a pen, says how do i afford the next couple years under joe biden? more important, alvin bragg making an in kind contribution to the democratic party trying to keep president trump off of the campaign trail is reversing, it not working, but goal that bragg has is
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not to serve justice, there is no crime, therefore there is no criminal, why is donald trump in court? for one reason, november 5, 2024. larry: political interference. >> engineering. larry: were you at wildwood, new jersey thing. >> i was not, a hundred thousand people, i wish i were. larry: what does that tell you? >> in new jersey. larry: in a red state. >> it tells me when president trump says, there is a 50 state strategy, it is already working, when you know that minnesota for first time in more than a decade is competitive for republicans because president trump has delivered when people say, let me compare the donald trump years. to the joe biden disaster. whether you are in minnesota or new jersey or georgia or north carolina or wisconsin or ohio or arizona or nevada, you want a new
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president to join the rest of us, this will be -- >> the base is broadening, that is what it looks like. >> black folks -- larry: working folks of all colors now. >> right. larry: young people, as you said. this is all new, driving democrats crazy. >> it should. larry: james carville mouthing off again, they are stuck with him. been tweeting a lot about immigration. very important. i want to talk to you about, closing the border mr. trump made it top priority. day one he calls, drill, baby, drill, and closing border. >> thank god. >> moving to taxes and regulations,. larry: what did other side of the legal issue. deporting criminals. >> no doubt. larry: they should not be here, we should get started on that. what have you given it much thought, a big undertaking. >> day one president trump
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has signaled we would have largest deportation program in american history. we'll start with illegal i immigrants with criminal records, president trump wants to empower local law enforce. instead of defunding police, refund, respect and give them tools they need to keep american cities and counties safe, president trump will make that reality by giving then the power they need to enforce the laws of our country. larry: you are all for it. >> 100%. only way you could not be for it because you lack common sense. larry: part of the law that has been broken, you read will whole law. >> 100%. >> chad wolf wrote a nifty piece on it, parts of breaking the law, if you will bolster the law you have to follow through, and
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you have to have deportation. >> 10 million illegal up gimmigrant invasion under president biden will be reversed by president trump starting on day one. larry: i reckon so. >> i love that. larry: i am asking you if you are vice president? how is that? nobody knows, i'm say that. >> there you go. larry: you are in the running, you would accept it. >> anything that i could do to serve this country as a kid growing up in poverty in deep south wondering if american dream would work for a kid like me, god bless america, the answer is, absolutely it works for all americans. if you work it works, having a chance to share that message across the country, in any form or fashion, count me? larry: you gave one -- you came on this show, you gave one of the best state of the union rebuttals, a couple years ago. >> thank you. larry: that was just also,
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you kicked butt. you have to be -- hard to the running for this vice president. no one knows what mr. trump will do, he may not know, but, we wish you all of the luck. >> bless, larry and thank you for what do you. >> my honor. >> talk more about joe biden inflation. and america's crumbling finance with breitbart's john carney and russ vaught. you can catch kudlow monday to friday 4 p.m. here on fox business. if you can't get us at 4, just text your favorite 9-year-old, she will show you how to dvr the show, you will never miss a tim scott appearance, i am kudlow, we'll be right back.
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larry: bidenplation heating up with ppi . ed et at the white house. >> i am sura biden campaign is longing for c covid long down days "new york times" poll shows 78% of registered voters say that economy is poor or fair, 58%
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of those say former president trump is better equipped to handle the economy, president biden trying to get tough adding renouncing -- announcing tariffs. mainly focused on his green agenda. the president on july 11, 2019. >> most effective way to change to build a unite the front and friends and partner to challenge china's abusive behavior. reporter: the president is today, in rose garden. >> we need to have a secure supply of essential supplies the home, folks the key sectors my administration is combining investment in america with tariffs that are targeted, a smart
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approach. reporter: i press the u.s. trade representative about times of the tariffs in an election year. >> since took three years to figure out chinese were flooding market and stealing technology it served. >> it took a year and a half for the course of review. you will see the amount of care that we put into our investigation, and our findings. yes, there continue to be problems that is what takes so long. is that design and architecture of the tariff defense system. that you will see. reporter: she is claiming process, as you know former president trump put those tariffs in place in months, not years. >> a 301, this is a 301. that could be done bang, bang, i didn't see in there to help americans, to stop the theft of intellectual
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property. and et cetera. edward lawrence thank you so much. >> thank you. larry: we have john carney from breitbart economics and finance editor. and migrate pal russ vought. russ, start with you on tariff thing. you know a thing or two about tariffs. this is like we waited so long for so little, so meek. i don't understand this, but they want to sound muscular but they are not. >> they are not, they continue to chase leadership from president trump had while in office of changing relationship with china to go after some of the structural problems we have with china, stealing our technology, them making our -- it so we can't have a fair marketplace with our firms doing business in china.
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this is just a half measure, this co comes way too late, if they were servicive cabinet member would go to china say there is no talk about strategic decoupling, they waited this is what they have to show. larry: joe, we -- look. we don't buy steal from china or hardly or electric vehicles, we buy solar panels, and other hand, they want to stop rare earth. but they won't let us mine for rare earth here. >> of course. larry: what does that tell you. >> biden not serious about this china trade issue at all. his tariffs are so weak they will do nothing to reset trade relationship with china, china depends on u.s. buying its over capacity. it is still going to depend on u.s. buying its over capacity, people who will be hurt, not consumers, not raising prices. you know who will be hurt, will be other manufacturers
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in u.s., who are making nonprotected product that china will company on -- dump on to us they still need to run their trade deficit trump tried to hand told straijically this a dumb move. larry: we are doing nothing about china assembling manufacturers and automobiles in mexico, and shipping them up through there to be under radar screen of usmca, and china is financing two wars against the u.s. by buying oil from iran and from russia. and bidens know it the whole world knows, we have to the numbers on this. probably iran itself made a hundred billion in last 3 or so years. they don't say a word about it they don't say a word. i guess, they are too busy
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appeasing iran. >> biden had a good idea in 2020, clip where he said we should get the rest of the world, he didn't do that, he is not getting the rest of the world to come against china. he is doinga unilateralry, china is also dumping electric vehicles into europe we should be selling them, this is terrible idea. larry: russ vought two things to the budget, numbers are are outrageous. that is ridiculous. the federal debt up to 116% of gdp . 48 trillion is the cbo estimate, it could be more. you know what else caught my eye, committee to unleash
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prosperity, food stamps, almost as expensive as it was at height of covid and still able bodied recipients are not working, i am troubled by that russ vought, do you have a thought? >> well i too, i think problem with food stamps, they are cyclical with a downturn. in reality, they don't go down. they continue to scale up, what is different is that with all our welfare programs we lost the ability to expect work from the programs, historic reforms that were put in place in 1990s are gone by the way side. what we now have are benefit hammocks people are not encouraged to get back into workforce, that is something that i think you will see in a difference with a president trump all of his budgets had welfare reform, both to improve what we had on the books already, and apply to new programs.
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larry: that will not balance think about but it would help and get more people to participate in the labor force that throws off benefits. i think you are right. john carney. the ppi. blasting you've today -- off today, i'm not sure what it means did not look good almost 6 percentage. >> it is ugly, inflation is not coming down biden was wrong about it the fed was wrong about it. he was hoping that fed would come in bail him with a rate cut, that is not happening. it is not happening in our lifetime, that is why all budget numbers are wrong. they assume that interests go down, they will be higher and budget number. larry: you are right and yellen is financing everything at short end of curve 3 mo 3 month, treasury bills and is wrong way, gen-zers will pay
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through the nose for so many years, the rates they are highest on yield curve right now, they may well go higher. >> when they go higher janet yellen will be looked as making most epic misdays mistakes, you can't run budget deficit that we're running without generating inflation. larry: there you have it john carney thank you and russ vought thank you. >> russ is smiling. russ you have to come visit us in new york we miss you, on kudlow, how can republicans stop joe biden's bureaucracy from harvesting this election. very important issue. we'll talk about it with republican national committee chair michael whatley, right here on sit i'm kudlow stay with us.
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larry: we'll join president trump he is speaking by the courthouse. >> this is the time when the views are about the election and starts to harden and they say we're doing really well. you see the polls alan dershowitz. this is election interference at most obvious, every american no matter whether you are on the trump ti team, or against him. he says he is a democrat, he can't be right about everything, he is making a big mistake. if you are jewish, and you are a democrat, that includes alan dershowitz, you should have your head examined. see what is going -- wizarwith israel, he said i'm a democrat we should be concerned about how legal system is being
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weaponized and abused. all over the world they are watching this trial, they see what a disgrace this is and a disgrace for new york, they have to get legal system back, there are businesses leaving. because they can't go through what i'm going through. speaker m mike johnson was here, just apply common sense, look at what is happening, a great scream victor davis hanson. none of 5 civil or criminal cases lodged against president trump -- by the way all through washington this all election interference by biden. none have had merit. these criminals civil trials are continuation of the effort of last 8 years to destroy presidential campaign. and enemies like china and russia now -- new political
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prosecutions similar to those of their own system. and more so, that is victor davis hanson. and he on with a beautiful segment. the republican -- and they agree with him 100%. any president who would go through the justice system and et cetera. it is a disgrace what is happening this is something that should not be happening, tom fitton, i tracked the trial in new york prosecution, has not presented any evidence of a crime by trump. judge merchan is -- he said very negative things about him, i am not saying that today about the judge. matt whitaker, former acting attorney general. concerned about the trial of new york, targeting
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president trump, very unfair, and et cetera. gag order is -- protect defen defendants, rarely applied to just one side, they have never seen anything like this gag order, hopefully you will never see it again, it applied to only defendants, you have a constitutional problem without able to say anything about your own case. i am not allowed to talk about big portions of my case. and nothing like that has ever happened, they are allowed to talk the other side, but i'm not. governor burgum, many politicians were here today many congressmen and senators, you met some. we know from that president trump -- >> all right. mr. trump reading notices out. we have got change of
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republican national committee, mr. michael whatley of north carolina. >> yes, sir. larry: thank you for coming on. the things that president trump is talking about, i want to ask you about early in the biden administration, executive orders, o 14019, every single federal agency register and mobilize voters with express intent of increasing election participation among minority groups. you can do it on the premises that say collusion between the left and the federal bureaucracy in my experiencing, of government there was such a thing as hatch act this is illegal. now, i'm sure you know about it are you ready to fight this? this is an army of bureaucrats ready to register against president trump. >> yeah, look the fact they are doing this with a shroud
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of secrecy we asked for information on these programs. members of congress, members of the senate have asked for information on the programs, we have been stonewalled at every turn we're going to have to wait to see how they do it flip side we're out there right now registering voters all across the nation, we are seeing voters leaving democratic party, in every group, in every swing state. we're seeing black voters leaving. hispanic voters asian-american, voters every single battle ground state we're registering more republicans than democrats are registering and we're closing voting gaps in 900 thousand vote margin in registered republicans over democrats in florida. they can work in secrecy. >> they will. it is bother some, they have singled out federal prison jails that is unbelievable. they will l let you in?
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am they let rnc people or state people in. >> we're not seeing that, we're seeing a -- >> lawyers on this? >> we are, we have are. we're working on folks in senate and house oversight committees who are trying to get to the bottom. we're doing is seeing's flood of people who are leaving democratting party coming our way because of policies of biden administration. because of inflation because of immigration, because illegal i immigration,. larry: mic mike whatley early voting september 1, to some extent mr. trump embraces that are you ready. >> over half of coasts of this cycle could be cast before election day, we have built up a great web site
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and great program. bank your vote, we're talking to every voter, and earlier in election cycle. when people vote we want them to be informed, this is great to vote my mail, great to vote early to vote on election day, we want them to make a plan. and stick to it make sure they deliver. larry: i don't need to tell you, harvesting that is the zucker buck thing, you have to counter it, i don't like to call it stealing i call it harvesting, i think that a lot of votes lost in 2020 because of harvesting. you are ready. >> we're ready, we're ready to go and -- >> lara trump. >> she doing a fantastic job. larry: i have to get out, we have our guest mr. trump thank you for visiting. >> thank you. larry: all right, now quick as a rabbit bridge in charlie hurt. -- bring in charlie hurt, and in is katie pavlich from traffic jam. you heard mr. whatley talk
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about that. they say, rnc is ready for federal b bureaucracy harvesting onslaught. >> we know that democrats are olympians of voting you look at 2020 election, counting on voters to bridge the gap, is not a good strategy, listening to rnc and watching what they have done over course of last 6 months, they are filing lawsuit where it matters and winning them, winning them against unconstitutional ballot harvests and ballot boxes, looking how democrats are playing game in states like washington and michigan. so, rnc is tow to -- doing a lot, as you mentioned early voting
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starts two months ahead of election day, as chairman said, when you have that many people casting votes early half ballot in you have to make sure you know rules and also drive a message that their candidate is the guy you vote for. larry: they will ridge s -- register voters in prison jails, charlie hurt. after saying that joe biden running around the country spending a fortune on advertisements proclaiming the benefits of his record all of the triumphs of his order record, he did it gain today saying he inherited 9% inflation rate, that was his handicap. he is off 8 points, having said that, locking trump up. in a goofball jury trial in new york, trump and latest numbers from new york ts plus 10 in joe plus 7 in
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arizona, bless 7 in nevada, plus 12 in nevada, i don't think that mr. biden's strategy is working. >> because, they are not good at anything, they are bad at everything they have the reverse mad midas touch, only thing they are good at is in election, it was h hysterical thing we heard from white house, where the press secretary declined to comment on the current kangaroo case in new york. claiming the hatch act, saying shy could not talk about it because it was all politics, only true thing that strange lady said since she has been at that podium, she is by the way worse press secretary in history of nation, ha is one true thing that was remarkable. joe biden will stick with this lie about the 9%
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inflation, that is his only hope, only hope is to lie, i think they hope that they can sort of convince people that all of the bad all of the misery that country went through under you know during covid was somehow actually the responsibility of donald trump. as opposed to you know many of their policies. and they can like, trick people into acco thinking that will come back if you vote donald trump. larry: i apologize to you both, donald trump went long today, i am afraid i have to jump out, katie thank you very much. >> thank you, larry. larry: and ditto to you charlie hurt. >> great to see you. larry: we'll take a quick break. >> and senator dan sullivan is going to come on talk about drill, baby, drill and biden's insane policies gain
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treating israel or the fact that they have taken bidens 16 million acres of national petroleum reserve out of alaska drilling. i will leave it to you, they are both awful policies. >> they are both awful, and driven by far left of the democratic party. let's face it. everything they are doing is driven bee far left. if is lawless in alaska is hurts our state, but as you know our natural resources are one of great strengths of america, they are shutting down alaska harming our spits -- constituents we worked close on tax cut and jobs act in terms of anwar provision they are ignores that, it is lawless, and undermines our great strengths as a country, all given by far left of democratic party. larry: just, to me, i don't understand. the latest from secretary of state blinken.
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israel out of gaza, and we're withholding intelligence information with respect to hamas. from israel. i -- this s almost treacherous. >> it is. here is the thing, i was in israel after the october 7 hamas attacks, and the sense that you get when you are there, they are in existential fight of their life, hamas, hezbollah, houthis and iran, it is so real. in the fact that we at the time of their greatest need are starting to withhold weapons to withhold intelligence. it is unbelievable. i agree with your statement. it is trechrouse, and think about it chaos that has been unleashed in the world during the biden administration time in office. because of their weakness it is something we're seeing all over the place.
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larry: apologies senator we'll have you back.
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(marci) so, how long have you lived here? and how are the restaurants around here? are they good, bad, meh? (luke) marci, we've gotta go. (marci) i'm sorry. (luke) we've got seventeen thousand more parks to visit. [marci screams] (luke) we bring you the best neighborhood info. (marci) ding dong (luke) homes-dot-com.
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larry: that's it for kudlow, thanks for watching, folks. (wind blowing) (stark orchestral music) - [narrator] news is the first draft of history. it is immediate and takes place in real time. legends take longer to develop and are sometimes based on myth.

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