The John Batchelor Show

Tuesday 20 November 2018

Air Date: 
November 20, 2018

Photo:
 
JOHN BATCHELOR SHOW
Co-host: Larry Kudlow, Director of the National Economic Council under US Pres Donald Trump.
 
Hour One
Tuesday 20  November 2018/ Hour 1, Block A:  Steve Moore (@StephenMoore), Heritage Foundation and author, Trumponomics, in re: Greg Ip (no fan of Trump) published in the Wall Street Journal tonight: the US economy is firing on all cylinders.   He notes that the US GDP is growing at 3%, which was formally pronounced impossible by the previous Administration.  Consumer confidence, consumer spending, industrial growth. In fact, it looks closer to 3.5%. Yes, I’m a bit nervous about today’s stock market decline and the housing market, but there’s no recession in sight.  This is Trump’s policies.  The Fed has pronounced that it’ll keep raisin rates again ad again in 2019 – and that’s unnecessary.   Art Laffer, Larry Kudlow and Steve Moore have said: Growth does not cause inflation.
What impels this economy? Deregulation tax cut, and energy policies – we’re producing so much today; the broader point is that it's not any one thing, it’s the fact that we have a president who put this country first, and he’s pro-business.  Business owner say, I know that if I expand, put up a new building, the govt won't come along and whack me in the head.
Trumponomics – the people the president has put in key positions are also pro-business. Whatever he’s doing, it's working. The animal spirits have been unleashed by Trump, and they won't be stuffed back in a bottle in 12019.  JB: If you create conditions where the American people get to make their own decisions. Liberals always say why we can't— but, yes we can.  . . . Is anyone complaining about not paying $2.50 a gallon?
. . . We borrowed a lot of policies from Reagan. 
Tuesday 20  November 2018/ Hour 1, Block B: Steve Moore (@StephenMoore), Heritage Foundation and author, Trumponomics, in re: Trumponomics: how we got here to these startling numbers that had been said to be impossible.  What explains it? Larry Kudlow wrote a book two years ago on John F Kennedy’s policies – JFK was the first modern supply-side, tax-cutting president. Soundest way to [resuscitate] the economy is to reduce the tax rates now. Most Democrats voted for the Kennedy tax cut. Larry and Steve and Art Laffer presented this to Candidate Trump, who initially was not familiar with it but listened carefully. He always said he wanted to make sure that the bz tax rates came down, esp for the 27 million small businesses in this county. The tax cut and deregulation have been like injecting steroids.  I said, “Mr President, this is working better than we thought it would.”  Ultimately, we’d like to see a flat tax. Last year, even with only the first year of the tax cut kicking in, more federal revenues were raised than at any other time in history.  . . . I saw a stat that food stamps, now called SNAP, have gone to their lowest numbers is a long time. . . .   The tax cut is picking up steam in 2019.   . . .
Tuesday 20  November 2018/ Hour 1, Block C:   Andrew C McCarthy, III (@AndrewCMcCarthy), National Review; formerly Assistant United States Attorney for the Southern District of New York, led the 1995 terrorism prosecution against Sheikh Omar Abdel Rahman and eleven others; in re: Immigration.
Tuesday 20  November 2018/ Hour 1, Block D: Lou Ann Hammond, DrivingtheNation.com, in re: The bizarre arrest of the genuinely distinguished Carlos Ghosn.
 
Hour Two
Tuesday 20  November 2018/ Hour 2, Block A:  Stephen F. Cohen, NYU & Princeton professor Emeritus; American Committee for East-West Accord; author: Soviet Fates and Lost Alternatives: From Stalinism to the New Cold War, & The Victims Return: Survivors of the Gulag after Stalin;  in re:   Russian-American relations.
Tuesday 20  November 2018/ Hour 2, Block B:  Stephen F. Cohen, NYU & Princeton professor Emeritus; American Committee for East-West Accord; author: Soviet Fates and Lost Alternatives: From Stalinism to the New Cold War, & The Victims Return: Survivors of the Gulag after Stalin;  in re:  Russian-American relations.
Tuesday 20  November 2018/ Hour 2, Block C:  Stephen F. Cohen, NYU & Princeton professor Emeritus; American Committee for East-West Accord; author: Soviet Fates and Lost Alternatives: From Stalinism to the New Cold War, & The Victims Return: Survivors of the Gulag after Stalin;  in re:  Russian-American relations.
Tuesday 20  November 2018/ Hour 2, Block D:  Stephen F. Cohen, NYU & Princeton professor Emeritus; American Committee for East-West Accord; author: Soviet Fates and Lost Alternatives: From Stalinism to the New Cold War, & The Victims Return: Survivors of the Gulag after Stalin; in re: Russian foreign policy rests on three principles. 1. Russian sovereignty and Russian well-being (a reaction to the 1990s). 2:  A kind of Russia-first foreign policy.  This is a form of patriotism.  3. Russian foreign policy shd be ecumenical – “Russia wants to partner with every country that wants to partner with Russia.”
 
Hour Three
Tuesday 20  November 2018/ Hour 3, Block A:  Elizabeth Peek, Fox News, in re:  Trump
Tuesday 20  November 2018/ Hour 3, Block B:  Elizabeth Peek, Fox News, in re:   Trump
Tuesday 20  November 2018/ Hour 3, Block C:   Richard A Epstein, Chicago Law, NYU Law, Hoover; in re:  California fires
Tuesday 20  November 2018/ Hour 3, Block D:   Richard A Epstein, Chicago Law, NYU Law, Hoover; in re:  California fires
 
 
Hour Four
Tuesday 20  November 2018/ Hour 4, Block A:  Robert Zimmerman, behindtheBlack.com, in re:  Space
Tuesday 20  November 2018/ Hour 4, Block B:  Robert Zimmerman, behindtheBlack.com, in re:  Space
Tuesday 20  November 2018/ Hour 4, Block C:  Road to Disaster: A New History of America's Descent into Vietnam, by Brian VanDeMarkk
Tuesday 20  November 2018/ Hour 4, Block D:  Road to Disaster: A New History of America's Descent into Vietnam, by Brian VanDeMarkk