Remember this gem from a couple of weeks ago . [inaudible conversations] one vanilla, one chocolate. But i wanted to get what we call black and white, but were going to [inaudible] gerry withering questioning. This week there was this shocking expo is say from from e new york times. How the candidate is dealing without being warm and friendly to people because of the coronavirus. Helping a candidate over the line will, in fact, be successful. Later well talk to a couple of pollsters. But first, encouraging news on the economy this week even as coronavirus causes continue to rise and fears grow of another lockdown. Gross domestic product grew at an annual rate of 33 in the three months through september. Now, of course, that followed the dedecline of more than 30 in thes previous quarter. Arithmetic tells us that doesnt mean its back to where it was. In the final days of the campaign, both candidates talked about their economic plans. Joe biden insisted he would take measures to keep th
Uptotheminute news on election news every day at 1 00 p. M. Eastern and today i will be joined by former House Speaker Newt Gingrich who is a i strong supporter of President Trump and in just one minute i will be joined by former attorney general eric holder who has been working on redistricting for years now with president obama and has been advocating for democratic nominee joe biden. Two great guest today but first i wanted to run through my notebook a little bit of the headline and i am paying attention to in these final days in florida and florida, florida your member in 2000 said that was a focus for that election and seems to be the focus once again for Vice President biden and President Trump in the tampa area today because they know the corridor vote is key and you also see Vice President biden going to Broward County and making sure black voters in voters are coming out strong and we talked to general holder about that and Voter Suppression issues in florida and across the so
Eastern on cspans q and a. White House National economic counselor, larry kudlow, talk to the Washington Post yesterday about the outlook for the u. S. Economy and was asked about the status of Coronavirus Relief negotiations. Robert good to have you here. Thank you for coming. The u. S. Economy grow at a record 7. 4 percent between july and september. It has recovered two thirds of the ground it lost during the first half of the year during the pandemic, but many economists remain wary because the figure comes as the country is still entering this time of rising coronavirus cases and the economy has not entirely healed. So lets begin with these new numbers. Do you acknowledge these record gains follow record losses . Larry of course i do. The shutmic because of ins last spring generated a very heavy economic toll. Very heavy. You have a 33 increase, annualized increase in the third quarter. Thats a record. I want to go underneath the hood here because i think this is a selfsustaining
Economists remain wary because the figure comes as the country is still entering this time of rising coronavirus cases and the economy has not entirely healed. So lets begin with these new numbers. Do you acknowledge these record gains follow record losses . Larry of course i do. The pandemic contraction because of the shut ins last spring generated a very heavy economic toll. Very heavy. You have a 33 increase, annualized increase in the third quarter. Thats a record. I want to go underneath the hood here because i think this is a selfsustaining recovery. The numbers are gargantuan. I am going to read them off. You have Consumer Spending up 41 , housing up 59 , Business Investment in equipment up 70 and automobile production up almost 1200 . My take is this this is selfsustaining. It is going to spill over into the Current Quarter and next year, policies permitting. But the one missing link and a lot of people have not talked about this, you are going to get a big inventory rebuild. I
In this weeks talkers. Watch. Maria the bottom line is there is an expectation that he will regulate the industry, even if you do have fracking, put new rules and regulations to cause some of these companies to go out of business. Again, stone cold liar. We saw him say in the president ial debate i never im going to ban fracking, play the tape. And then you play the tape maria are you expecting Amy Coney Barrett to be confirmed before the election . We fully expect judge Coney Barrett will be confirmed. Shes an originalist textualist who we think is made in the likes of a judge scalia. Maria people want to change their vote if they voted early because now theyre understanding more about what hunter biden has been involved in. Look, the hard drive from hell is about joe biden. This shows you how joe bidens been compromised by the committee Chinese Communist party. Maria what about the suppression of this information, senator . We issued these subpoenas on october 1st before the New York