All Episodes
Previous Next
July 29, 2025 - Sean Hannity Show
29:34
Economic Momentum - July 28th, Hour 3
| Copy link to current segment

Time Text
This is an iHeart Podcast.
Stay right here for our final news roundup and information overload.
All right, news roundup and information overload hour.
Here's our toll-free telephone number.
It's 800 941.
Sean, if you want to be a part of this program, I I have extensively been chronicling what I believe the president has done in terms of the economy to set up what is foundationally definitely to use his words, the golden error economically.
Now there is a lagging indicator, and until we get rid of Jerome Powell, until we get interest rates down, uh sales of pre-existing homes and new home building will suffer.
I believe they are ridiculously high, but that is not stopping the president.
We have 11 trillion dollars going up.
Howard Lutnik thinks it's up 15 trillion and committed monies for the next four years for investments and manufacturing.
A lot of this is good for our national security, but it'll they'll bring back automobile manufacturing in this country.
Those deals have been set with multiple auto companies.
Uh pharmaceuticals, which we had not been producing for some time, they will now be produced in the U.S. Uh semiconductor chips.
You have literally hundreds of billions of dollars that will be invested in creating those chips here, vital.
Uh rare earths and magnets also similarly will be produced here.
Uh the president has been rolling along with one trade deal after another.
Uh the United Kingdom, Vietnam, the deal announced last week with Japan and Indonesia and the Philippines.
Uh Australia now will import American beef, something they had not done since 2003.
That too is a leg to the economy that we've got to factor in.
Then you factor in the largest tax cuts in history.
It's a myth if you if you think that cutting taxes somehow limits the amount of money that the federal government takes in.
No, just the opposite happens.
Reagan doubled revenues in eight years.
Uh Congress just spent too much money.
Uh, then you factor in the cutting out waste fraud and abuse, which is continuing, even though Elon Musk is is no longer part of Doge, but he put in place a good foundation for that to continue in every department.
Then you factor in, I think what is incalculable, and that is the president's energy policies, and that'll be it uh we can't calculate how much money that that will bring in, high-paying career jobs, uh, energy is the lifeblood of the world's economy, lower energy costs, et cetera, et cetera.
Then as part of the president's one big beautiful bill, you you have this thing called bonus depreciation for manufacturers, and what does that mean?
That means that manufacturers uh can deduct a hundred percent of their building costs in a single year, which will which will accelerate the manufacturing facilities that they will be building out.
Again, it's gonna have a ripple effect on this economy.
Now back to the trade deals, uh Trump announced the trade deal with the European Union.
Now there are people, Eurocrats lamenting that Donald Trump rolled Brussels in a disaster trade deal for them, but you know, we have been ripped off and taken advantage of and abused, frankly, for so long.
It's it's kind of ridiculous.
Now there's so much money coming into the treasury as a result of all of this that it's money that nobody expected, and the president is even considering rebate checks uh for every American based on the tariff revenue.
I'm not sure if I support the rebate check idea rather than paying down our debt and and reducing the deficit.
Remember, June is the first time we've had a surplus in large part because of his trade policies.
Um even a former MSDNC host praising Trump's political instincts and his ability to connect to the country uh culturally.
Uh this is uh Chris Matthews.
And, you know, we just have a lot of good news when it comes to the economy.
The EU will buy $750 billion in energy, $600 billion in new investments in the U.S. They agree to buy more U.S. military equipment on top of the money that is being sold to NATO.
Uh tariffs raised uh 15% on most EU goods.
European pharmaceuticals are not included in this, but remember AstraZeneca is building a facility here in America.
Steel and aluminum tariffs they'll stay at 50%.
Uh in exchange, Trump agreed not to raise tariffs on the EU to 30 percent, zero tariffs on all goods and exports to the European Union.
And all this is setting up, I think, foundationally nothing but a great success for the American people.
Now, our friend Steve Moore, who wrote the best-selling book, Trumponomics, he's going to join us in a second inside the America First Plan to revive our economy.
And he has top ten lists, and that is which states are people and money moving to and from.
In other words, which states the most people lost the most people domestically, which states gain the most money due to domestic migration, which states lost the most money due to domestic migration.
In other words, New York, New Jersey residents, California residents are fleeing to the tune of 150 billion dollars.
And if you look at the bottom ten states which lost the most money domestically, well, you got New York, California, Illinois, New Jersey, Massachusetts, Maryland, Pennsylvania, Ohio, Virginia, Connecticut.
And if you look at the 10 states which lost the most people domestically, California, New York, Illinois, New Jersey, Massachusetts.
They're in the top five all the time.
Then Maryland and Louisiana for some reason is in there.
That kind of surprised me.
Pennsylvania has been hurt by democratic policies, by the way, and Michigan and Connecticut.
Anyway, Steve Moore is here to explain what it means.
But anyway, New York and New Jersey alone, residents fleeing to the tune of 140 billion dollars.
If Mamdanny's elected Stephen Moore, I think that m number is going to go much higher, and the mass exodus will be that much bigger.
Great to be with you, Sean.
And you are exactly right, my friend.
By the way, do you know what state, Sean?
Uh in our uh vote with your feet.com.
This is the official data from the IRS and the Census Bureau.
We didn't make up this data.
It comes from the official numbers of the government.
You know what state is just blowing away the rest of the states?
What?
Yes.
My state, Florida.
You got it, my friend.
I mean, Florida has, and by the way, this is a real testament to the great leadership of Ron DeSantis.
I think is the best governor of America.
He uh in in just the last ten years.
Are you ready for this?
Florida has imported over 200 billion million with a B dollars from people from other states.
And you know where those people mostly come from, Sean.
They've come from New York, they've come from New Jersey, they've come from my home state of Illinois.
I'm from Chicago.
I hate to see what progressives have done to one of America's greatest cities.
Uh and so you see this pattern of the states like Florida.
Now, right behind Florida, as a big winner is Texas.
Uh right behind Texas is Tennessee.
By the way, Sean, do you know what Texas, Tennessee, and Florida have in common?
No state income tax.
See, I'm passing Linda, are you hearing this?
Do you see how smart I am?
Do you see how smart?
Straight A's.
I'm getting straight A's.
I'm just acing my cognitive uh test here.
I knew you'd know these answers.
You know what the problem is?
Like uh I can go on a vacation and pe or do things for people, and they'll remind me, I'm like, I did that?
I don't even remember.
I have a friend of mine, and uh, I was away with them, and they had a medical emergency in the sense that they were going through IVF treatment, and the doctor says, No, you got to get here in a day.
So I helped, you know, arrange for them to get there and get back.
And they, you know, this is like eight years, ten years ago.
And then they they reminded me of it.
I'm like, I don't have any memory of that.
But if you want Reagan's record from, you know, 80 to 88, I can give it to you chapter and verse.
Does that mean I'm slipping into Joe Biden territory?
I don't know.
I don't know.
Well, I can name every uh baseball player from the 1970s, but I'm not too good.
I can give you the 1969 Mets lineup.
I can tell you who the pitchers were.
Ray Sadecki, Jerry Kuzman, Tom Seaver, Tug McGraw out of the bullpen, Jerry Grody, backup uh catcher Duffy Dyer, Ed Cramepool, Bud Harrelson, uh Tommy A. Wayne Garrett.
Um Kessinger, uh, Glenn Buckert, uh, Ernie Banks, Ron Fanto.
Um, you're a lot older than I am.
It's not my fault.
Cleon Jones.
These are names that most people Ron Swoboda.
I mean, I don't think most people know these names.
Linda's sitting there scratching her head saying, What the hell happened to the show today?
Well, A lot of pain here because I'm a Cubs fan and what you guys did do us in 1930.
By the way, she does not even know what it means to cross the plane.
So I mean, I she's the wrong person to ever talk sports with.
This is true.
And I don't deny it.
Uh but anyway, we are well let's talk about what this means, because this is important, this data that you've accumulated.
Yep.
So the the website, by the way, can people, it's live right now, Sean.
It just went live today.
It's called vote with your feet.com.
You can have a lot of fun with this, folks.
You can you can click on say Florida and Texas.
You can kick a click on those two states, it'll show you the moving vans going from one state to another, and of course, all the uh well, if you go say Florida and New York, all of the moving vans are moving out of New York into Florida, et cetera.
So you can pick any pair of states.
And what we're really finding is that the um i the states that it's basically the red states.
I mean, I'm not an especially, you know, partisan person here, but the red states are just dominating, you know, the blue states.
So you look at Texas, you look at Florida, you look at some of the small states like Utah, Montana are grabbing huge amounts of new people uh from of California.
And by the way, California on the West Coast is such a sad story.
But how do you ruin California, Shuan?
I mean, it's got beautiful mountains, beautiful beaches, beautiful women, beautiful everything in the slice of heaven, and for the first time in American history.
If you were on a different show, that would trigger a lot of people.
You can say whatever you want on this show.
Well, I can say it on your show.
But my this is a serious point.
How do you screw for the first 200 years of our country, people moved into California?
This is the first time under Gavin Newsom, people are actually moving out of California.
I had a debate this weekend with somebody that swears to me that Gavin is gonna be formidable.
And I said, he definitely is clever.
He's slick.
Um he deflects very well.
Um I know him really well.
Yep.
Uh and and he'll spin it like a top, but he has a problem.
And the problem is his past policies and his record.
And I don't think he's gonna be able to overcome that and become president, especially in the era of Trump.
Well, the j you know, if you want to know how pathetic the Democratic Party is today, and and it is pathetic, unfortunately.
They voted against all of the policies in Washington that have created the boom that you just talked about.
I I just said that I'm from Illinois.
You know, J.D. Pritzker wants to run for president.
I mean, what a joke.
Illinois is going it's is the third worst state in America today.
And he wants to what is he gonna do?
Turn turn uh the nation into Illinois?
All right, quick break.
We'll come back more with Steve Moore, author of Trumponomics and Economists, his numbers on the mass migration that continue in this country because of horrible policies by Democrats.
So get this.
The Washington Post had a story today, news study that the Democratic Party is now the party of the rich.
And more than half of upper income families, defined as those earning more than two hundred and fifteen thousand four hundred dollars a year, now vote democratic.
Now, I have been saying this for the longest time.
The top fifth of earners went from supporting Barack Obama by a two point five uh point margin to supporting Joe Biden in 2020 by close to 15 percentage points.
Now, I have been saying that the Republican Party, especially under Trump, largest tax cuts in history, no tax on tips, no tax on overtime, no tax on Social Security.
The Republican Party, the MAGA movement, is the movement of hardworking men and women And that the Democratic Party has become the party of woke coastal elites that are completely out of touch with mainstream America.
So in our book um uh the that you just mentioned, Trump and Onix, and by the way, our latest one is called the Trump economic miracle we put out a year ago, and by the way, it has turned into a miracle.
But the really extraordinary thing is if you look under in the Biden four years, now we have all the data in.
Do you know what uh there was only one income group that did better under Joe Biden?
You know who that was?
The rich.
The rich.
But whereas under Trump, in his first term and so far in the first six months of his second term, the the income group that's doing the best is middle income Americans.
The Democratic Party has totally abandoned middle class working class America.
That's why Trump is the working class president.
Well, I mean, I I think the best is yet to come because I don't think we're feeling the full impact yet of Donald Trump's economic policies.
I mean, everybody doubted on his reciprocal trade push and and you know, people doubted these trade deals would come in.
I think he culminated all of this today with the announcement on the European union union deal.
Um I think the countries that we needed the most to do trade deals with, we got to finalize the China China deal.
But I think between that and energy and tax cuts, uh, I think we're we're really positioned well for an economic prosperity, the likes of which we've never seen before.
Eleven to fifteen trillion in in commitments from countries and companies, a lot of money.
Yeah, it's just exactly what's happened.
Say to Florida and states like Texas, we're gonna make all the states in this country prosper.
Uh and it look, taxes matter, right deregulation matters, the energy production matters.
And somebody's got to tell me.
I don't care if you're you and I are conservative, Sean, but I don't care if you're conservative, liberal, moderate, whatever you are.
What what what problem do you have with Trump's policies?
They're not liberal, they're not served.
You know what they are?
Common sense, good economics.
Yeah, good luck arguing with liberals.
I do it for a living living.
It annoys me that they're so dumb.
Anyway, I appreciate you being with us.
Thank you, my friend.
Stephen Moore, we'll see you tonight.
We're going to show these graphs.
You gotta see them to see how dramatic it is.
And we'll show you tonight, nine Eastern Hannity on Fox.
More evidence, Democrats are in total denial and completely unhinged.
Here's pothole Pete.
Democrats have something to learn from Zodon, Marxist Mamdanny.
Listen.
I was talking the other day to a Democratic member of Congress representing part of New York City, who said to me, essentially what you're saying, Mom Dani, in many ways is the future.
He knew how to campaign.
He's doing everything right.
There's a lot to learn from him.
And this lawmaker said, I haven't endorsed him yet, because I have a lot of orthodox Jews in my district.
What do you make of that contradiction?
Yeah, I mean, again, it's it's kind of distinct distinguishing between tactics and ideology.
And I would say, you know, he's he's further left than I am.
Uh but also I think that what he's been able to do is something that that our party ought to learn from.
I think that's something our party ought to learn from.
Well, that really helped you out in the last election.
You just keep going.
I have no criticism of Democrats doubling down and supporting Mom Dani.
If that's the direction they want to go, I am perfectly fine with it.
And here's uh pothole Pete saying, we should be empowering communities and schools to make decision on men and women's sports.
They're just clueless.
Listen.
When President Trump says something like no boys and girls' sports, which is a phrase that they use.
It sounds like you're not standing on to that.
I think that chess is different from weightlifting and weightlifting is different from volleyball and uh, you know, middle school is different from the Olympics.
So that's exactly why I think that we shouldn't be grandstanding on this as politicians.
We should be empowering communities and organizations and schools to make the right decisions.
Empowering them.
Saying absolutely nothing.
All right, let's get to our busy phones.
Our friend Joe from LJ.
Joe has been with this program since my Atlanta days, and that's from ninety-two to ninety-six.
And Joe's been uh a good friend of the program.
Joe, how are you?
Glad you called my friend.
Sean, you're great.
Listen, you would be a great president of the United States.
I think the best for the American taxpayers and stockholders would be Sean Hunt for Sean Hannity for president and Steve Moore for vice president, be the best ticket ever for taxpayers.
Well, well, what are you gonna do with Linda?
I mean Allen, they love you, Sean, down here at Sea Allen.
And everybody I've talked to several people about that ticket, and people love Hannity for president and more for vice president.
Well, you're not gonna the Linda's not gonna be happy.
What are we gonna make do with her?
Well, she can come to work for you when you're president.
What job Should she have?
Maybe your assistant, I guess.
Joe, you can't call this show anymore because uh last time I was an assistant, I was in my twenties, and I think I'm a little too, you know, I've advanced a bit from assistant.
But thank you.
Thank you for that offer.
Thank you for that offer.
Joe, thank you.
Joey.
Joey, thank you for the offer.
We really appreciate it.
All right, Joe and LJ.
Alabama Roy, next on the Sean Hannity show.
What's up, Roy?
How are you?
Hey, I'm doing great, Sean.
Thanks, uh, thanks for having me on.
Happy Monday.
Um, there's no such thing really as a happy Monday.
Let's be real.
I mean, when it's Sunday and I'm like, oh, gotta grind out another week, and I start working and working and working, and Linda's inboxing or text messages just blows up as sweet baby James's inbox on his text message blows up.
That means I'm working, preparing for the week.
I get it.
And I'm I'm out here under this heat dome in Alabama, just enjoying uh, I'm assuming 115 uh heat index or something out here.
But man, I lived in Huntsville.
It does get hot, man.
It definitely gets hot there.
The beauty of Florida, if you're coastal.
Now, I've been on the West Coast, I've been on the East Coast, is that you get that that breeze from the water, which definitely helps keep the temperatures down a little bit.
Although I love the summertime here.
I love working out in the summertime.
I worked out this morning.
I mean, I was drenched by the time I finished my hour and fifteen minute workout today.
Yeah.
And you know you're a better man for it, because that's uh that's what it's all about.
I'm out here when the breeze blows, it feels like somebody hitting you with a hairdryer.
But um, that's funny.
That's funny.
See you, real quick.
Uh you said something last Friday about uh your kids growing up and everything and playing video games and stuff, and I it kind of touched me because that's that's something that um that I've always done with my kids, and it's not anything spectacular.
It's Mario Party of eight on the wee.
Uh when my kids were probably eight, nine.
Well, I had the we with the kids.
They love you ever play the tennis game and then driving games and all that stuff.
We would we would make time, and this was this was family, uh, Thanksgiving and Christmas, where they would come in, Dad.
We want to do it uh Friday night or whatever night, and we would literally stay up till two, three o'clock in the morning playing these games, and as a father, you realize you know it's not about what you get your kids or what you give them or buy them or do for them.
It's it's time.
You've got to spend time with your kids when they're sitting there just laughing and having fun with you know, just you and them in front of a goofy little video game, laughing, spending family time.
And and you know, those are memories that you can't, you know, you just you don't forget.
And uh oddly enough, this last Christmas, my oldest daughter, 24 years old, uh came came into town and um she was adamant that we pick at night that we're playing Mario Party of Eight, and we still have that same one all these years.
And it still works.
Uh we didn't last till two or three in the morning, but uh we did have the family time to get together and you know spend time together.
Uh it means everything.
Um I'm very fortunate my kids live close to me, and I I don't really play golf, but we all played golf yesterday.
We either go to brunch on Sunday uh uh uh or we'll we'll hit some golf balls, maybe play nine or ten holes or whatever, and then we'll we'll go get steak together.
And we just you cannot get back that time.
If I have one regret in my life is when there were years when I was on the road too much, and uh I mean years that I did 65 or 70 cities.
And it's not that i i it was kind of mandatory at that point in my career if I really wanted to build the best career that I possibly can and provide for my family the best I possibly can.
Um, but you can't get that time back.
I don't I don't dwell on the past.
My kids, you know, will say to me today that they to be honest, they didn't really notice because they were busy with their lives at the time.
But for me, I noticed it, and then I realized I had to get off the road.
Linda Linda remembers you remember that time.
I just said I gotta get off the road.
It was a I mean I think the hardest one was when you did we did 19 cities in three weeks.
It was a lot.
Well, that was in 2010, and my kids are older then.
But even still five cities in 2004, I believe.
And my daughter was born in 01, so she was still pretty young.
My son, you know, is three years older.
So I think it you know I and then when when you finally get off the road, you're just tired.
Because you I was doing radio TV, speech, book signing event, whatever I was doing, and I was doing one a day, and then sometimes even on the weekends, we'd do three cities in a day.
Remember we did that crazy schedule?
You weren't always on the road with us.
Sweet baby James was on the road everywhere.
I was always on the road with you.
The only time I wasn't on the road with you is when you went to the Middle East.
And why is that?
Why didn't you come on?
Uh I think an international incident, the odds of what would you have put the odds at of at a potential?
Oh, ten out of ten, without question.
Without question.
Ten out of ten without question.
I am not going to comply.
It's not a thing.
Oh boy.
Okay.
We didn't take you on that trip.
We didn't even invite you on the trip.
That is accurate.
Roy in Alabama, look, um, if I could recommend one thing, I don't care what it is you do with your kids.
It doesn't matter.
The time is what matters.
And you never get that time back.
And I don't think when we're on our deathbed that we're gonna be, you know, wishing we did more stops and more cities, you're probably gonna be wishing you spent more time with the people you love.
It's really that simple.
I agree.
Yeah, but I mean, look, reality, there is a reality for people.
My my parents were not around a lot when I was a kid at all.
They weren't around at all, if you really want to know the truth.
My mom was a prison guard working 16 hours a day, and my dad, you know, my dad worked a full-time job and was uh a waiter part time, and he was gone a lot.
And I just in many ways it was the best thing that ever happened to me because I lived my own life.
I I learned to be independent.
I had money in my pocket since my first paper out when I was eight.
I fed myself.
We didn't sit around and have family meals every night.
We'd have them at Thanksgiving and Christmas and occasionally, not not that often.
Um I'm uh the the fierce independence I developed and the sense of being financially independent really has served me well in my life.
And the one thing they did instill in me was a work ethic.
And if you want to be successful at anything, I don't care what it is.
You just you have to put the work in.
You know, most of the work for this show does not happen on the air.
The on air part's the fun part.
The on air part's the easy part.
The on air part, if I could take a picture and show you how many papers are in front of me right now, you wouldn't believe it.
Every day, maybe I get to 15% of that which I prepared for for the show.
Because I also want to hear from you and I want to take calls.
Uh Roy, Alabama, hang in there, man.
Cooler weather will prevail eventually.
Uh Sandy Ago, Kogo Radio.
What's up, Steve?
How are you?
Hey, how are you doing?
Uh Sean, calling from the great state to be California.
I'm United Socialist Utopia of Gavin Newsom.
What's going on?
I've been here since 1955, and uh I'm going to hold this thing together the best I I can.
Um I have a little bit I I gotta take issue with you.
It's a lost cause.
Don't tell me that.
I'm gonna make it over.
You don't let anybody tell you it's a lost cause.
The lost cause.
Okay.
Well, let's get on to the real important topic.
I have a little tweak on your upcoming presidential run.
Um don't have an upcoming presidential run.
This is all manufactured by Linda.
Oh, I'm going to tweak it because a lot of people are on board with Linda, which I am too.
I love her to death.
The bottom line is you have great uh vice presidential candidates.
You have we have a great bench, you have Rubio, you have Vance, you have DeSantis that can run.
So while you're gone and you do two successful turns, Linda is going to do the Sean Hannity show.
Katie's gonna be her producer, and then when we when we get when you get ready to come back, you the the seat will be warm, you'll be ready to sit down again, and then Linda will become the next presidential candidate for the United States.
I'm thinking if I become president, if I ever did, now that everyone keeps forcing this issue on me, even though I don't want it forced on me, um, I think I would do a daily radio show from the White House or wherever I happen to be.
Wait a minute.
Why don't you want to do it?
With all you did you ever see the scene in Gladiator, and Marcus Aurelius says to Maximus, do you not accept this great honor I'm bestowing on you?
When I die, I will transfer my powers to you.
So Rome will return to a republic.
Maximus, do you not accept this great honor?
With all my heart, no, he says.
And then Marcus Aurelius, and by the way, you can read the writings of Marcus Aurelius.
He was a genius, an absolute genius.
You know, for twenty five years, I have known nothing but war, four years of peace, and that's it.
And he says with all my heart, no.
And then Marcus Aurelius goes, is that that is why.
It must be you.
And Marcus Aurelius, and Maximus says, Well, what about your son Commodus?
What about Commonist?
Commodus is not a moral man.
And then Commodus goes on to kill Marcus Aurelius, and he becomes the Roman Emperor and gets killed by Marcus Aurelius in the Great Arena.
If you've not seen Gladiator, you gotta watch it.
And then you'll realize I watched it way too many times.
That was a hell of a pivot, but I think the bottom line is you know, you're already in the spotlight.
Well, the things that people have to go through when they start entering the political arena, you pretty much have done over the last 30 years.
So it'd be a much easier thing for you to do.
I hate to tell you, it started in 1987.
We're like at 38 years on radio.
Whatever.
And I can't wait to do that.
I can't wait for them to pull out the best of Hannity from day one.
Let me tell you what.
The best of the best of Hannity ain't got nothing on these Antifa jerks running around.
You it's it's ridiculous.
It's like it's like knock knock jokes compared to these psychos.
You'll be fine.
Well, we'll see.
Um 800-941 Shauna's on number if you want to be a part of the program.
All right, that's gonna wrap things up for today.
Hannity tonight, nine Eastern on the Fox News channel.
John Solomon breaking news.
This is a doozy.
Uh, he'll break it on Hannity tonight.
Lindsey Graham thinks we need a special prosecutor, the one and only Senator John Kennedy, uh Dave Asman, Steve Moore on the incredible trade deals that are getting complete.
I guess that taco thing didn't work out too well for Democrats, Jimmy Phaela, and much more set you DVR 9 Eastern tonight.
Hannity, Fox News.
We'll see you tonight back here tomorrow.
Thank you for making this show possible.
▲
Export Selection