Stephen Moore, former Trump senior economic advisor and pro-growth advocate, joins to discuss the intricacies of globalized supply chains. He highlights America's dependency on China for rare earth minerals and critiques the risks of this reliance. The conversation pivots to tax policy, emphasizing the importance of maintaining lower tax rates to foster job growth and economic stability. Moore also touches on the significance of business investments in infrastructure for job creation, and humorously evaluates Trump's health choices in relation to leadership responsibilities.
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insights INSIGHT
China's Rare Earth Dominance
China controls a significant portion of rare earth minerals, essential for American manufacturing.
This dominance is not solely due to natural resources but also their prioritization of production.
insights INSIGHT
Globalized Supply Chains
Modern supply chains are globalized and interconnected due to technological advancements.
This globalization has made logistics easier but also created dependencies.
insights INSIGHT
Challenging the Pencil Myth
Charlie Kirk challenges Milton Friedman's pencil analogy, highlighting the risk of relying on single-source suppliers.
China's suspension of rare earth minerals exemplifies this vulnerability.
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This book provides a comprehensive historical account of the U.S. income tax system, exploring how tax policies have influenced economic performance over the years. The authors argue that high tax rates often lead to economic stagnation, while tax cuts can stimulate growth. They also discuss how wealthy individuals use legal loopholes to avoid high taxes, impacting economic productivity.
Capitalism and freedom
Milton Friedman
In this influential book, Milton Friedman discusses the role of economic capitalism in a liberal society. He argues that economic freedom is a precondition for political freedom and advocates for limited government intervention. The book covers various topics, including the relation between economic and political freedom, the role of government in a free society, monetary policy, international trade arrangements, and the role of government in education. Friedman's work has been highly influential in economic theory and policymaking, and the book has been translated into eighteen languages and sold over half a million copies since its publication in 1962.
The Tuttle Twins Learn About The Law
Elijah Stanfield
Connor Boyack
This book, the first in the Tuttle Twins series, follows Ethan and Emily Tuttle as they learn about what law is and what it should and shouldn’t be. The story is influenced by Frédéric Bastiat's 'The Law' and aims to teach children about important concepts such as conscience, law, plunder, right, and wisdom. The book is illustrated by Elijah Stanfield and is designed to be educational, straightforward, and wholesome, making it a valuable resource for homeschooling and educationally involved families.
The Trump Economic Miracle
And the Plan to Unleash Prosperity Again
Arthur B. Laffer
Stephen Moore
This book delves into the economic policies that fueled growth during the Trump administration, including tax cuts, deregulation, and energy independence. It offers a roadmap to replicate that success in the future by returning to these pro-growth strategies.
Americans today live in a world of globalized supply chains — and thanks to our illustrious leaders, those supply chains center around China. Charlie explores rare earth minerals, the "pencil myth," and a lot more to drive home why America needs a dramatic revision of its economic strategy. Stephen Moore joins to make the case for preserving President Trump's first term tax cuts.
The Charlie Kirk Show 
