Latest / The Ben Ferguson Podcast / BIDEN budget goes full socialist; mentions equity 63 times, climate 148 times, & environmental justice 25 times!

Transcript

BIDEN budget goes full socialist; mentions equity 63 times, climate 148 times, & environmental justice 25 times! · The Ben Ferguson Podcast

• 0:00
  Speaker 1: Bad news with the economy and how did we get
• 0:03
  Speaker 1: to where we are today because of the Biden administration.
• 0:06
  Speaker 1: We now know that the US added just three hundred
• 0:10
  Speaker 1: and eleven thousand jobs in February. Now, I say just
• 0:14
  Speaker 1: because that number is actually not great overall. However, that
• 0:19
  Speaker 1: number is hotter than expected, and that means that inflation
• 0:23
  Speaker 1: is on the rise. Economists had forecasts that payrolls would
• 0:28
  Speaker 1: grow by two hundred and twenty three thousand and the
• 0:31
  Speaker 1: unemployment rate would hold steady at three point four percent.
• 0:35
  Speaker 1: The problem now is unemployment rate has actually gone up
• 0:38
  Speaker 1: to three point six percent, and the Labor Department's Job
• 0:42
  Speaker 1: Openings and Labor Turnover Survey, known as JOLTS, show that
• 0:47
  Speaker 1: there were ten point eight million job openings in America
• 0:51
  Speaker 1: today and around one point nine vacancies for every unemployed person.
• 0:58
  Speaker 1: That's not good news because that means people are gonna
• 1:01
  Speaker 1: start paying much higher wages to fill those positions. When
• 1:04
  Speaker 1: you have a two to one ratio, there one worker
• 1:07
  Speaker 1: for every two jobs. That is why it is fueling inflation.
• 1:13
  Speaker 1: This on top of the fact that the Biden administration
• 1:17
  Speaker 1: is ready to raise your taxes. Biden said, don't worry,
• 1:20
  Speaker 1: no one making less than four hundred thousand dollars a year,
• 1:24
  Speaker 1: we'll pay a penny more in federal taxes. Do you
• 1:26
  Speaker 1: believe him? I don't listen. No one making less than
• 1:31
  Speaker 1: four hundred thousand dollars we'll see a penny in federal
• 1:35
  Speaker 1: taxes go up, not a single penny. Now, why to
• 1:38
  Speaker 1: do it four hundred thousand, because I doubt anybody here
• 1:40
  Speaker 1: makes four hundred thousand. I did it to make the
• 1:43
  Speaker 1: case that I'm not going after anything remotely any ordinary folks,
• 1:49
  Speaker 1: because they're paying their share. Because they're paying their share,
• 1:54
  Speaker 1: all right. So if you make four hundred thousand dollars
• 1:56
  Speaker 1: or more year, how much do you pay in taxes
• 1:59
  Speaker 1: a lot? There's a good chance you're paying close to
• 2:01
  Speaker 1: one hundred thousand dollars, if not more, depending on how
• 2:05
  Speaker 1: you have your businesses and how you pay your taxes
• 2:08
  Speaker 1: and how you invest your funds. In other words, you're
• 2:11
  Speaker 1: going to be paying probably more than one hundred thousand
• 2:13
  Speaker 1: dollars a year. And now he wants more of your money.
• 2:16
  Speaker 1: If you make four hundred thousand dollars a year more,
• 2:18
  Speaker 1: there's a very good chance that you also employed quite
• 2:20
  Speaker 1: a few people. That means you're helping the economy, you're
• 2:24
  Speaker 1: a small business owner, you're taking risks, you're investing in things,
• 2:28
  Speaker 1: and of the Biden team, you are now apparently public
• 2:32
  Speaker 1: enemy number one. Now the White House also at the
• 2:35
  Speaker 1: same time, has come out with their budget. Yeah, their budget.
• 2:42
  Speaker 1: I want you to take a listen to what is
• 2:44
  Speaker 1: in this budget. And before I get to that, I
• 2:49
  Speaker 1: also want you to know what they believe in. With
• 2:52
  Speaker 1: this White House. It's not about actually what's helping you
• 2:54
  Speaker 1: as the American people. It's actually about pushing agenda items
• 2:58
  Speaker 1: like climate change, transgender ism, and inner sex. Yes, these
• 3:04
  Speaker 1: are all words used in Biden's new budget. Take a
• 3:08
  Speaker 1: list of this from Senator Ted Cruz. The agenda, This
• 3:11
  Speaker 1: is Bernie Sanders's budget, This is AOC, this is Elizabeth Warren.
• 3:15
  Speaker 1: And let me show you just some amazing stats just
• 3:19
  Speaker 1: on a quick review of the budget. All right, here's
• 3:24
  Speaker 1: how many times the following words appear in the budget.
• 3:28
  Speaker 1: Equity sixty three times, climate one hundred and forty eight times,
• 3:34
  Speaker 1: environmental justice twenty five times, transgender eight times, intersects which
• 3:40
  Speaker 1: I have no idea what that is. Seven times. Now
• 3:46
  Speaker 1: none of us know either. That's more a Yale thing.
• 3:53
  Speaker 1: So let me give you the other side of that, John,
• 3:57
  Speaker 1: I hope you don't have yel people sing glad real quick.
• 4:02
  Speaker 1: So things the American people care about inflation only ten times,
• 4:06
  Speaker 1: fentanyl twice, border security eight times, police four times, law
• 4:11
  Speaker 1: enforcement nine times, crime twenty four times, and gas prices
• 4:15
  Speaker 1: three times. They tell you who they are. Senator Cruz
• 4:20
  Speaker 1: there on Hannity with a live studio audience. I love
• 4:22
  Speaker 1: the energy there. If you haven't watched Hannity with a
• 4:25
  Speaker 1: live audience, it's really cool. But what Senator Cruz was
• 4:28
  Speaker 1: talking about there is the fact that this budget is
• 4:30
  Speaker 1: not actually a budget. This is a propaganda budget about equity,
• 4:36
  Speaker 1: climate change, transgenderism. This isn't a budget. Equity used sixty
• 4:41
  Speaker 1: three times, climate a hundred and forty eight times, environmental
• 4:46
  Speaker 1: justice twenty five times, transgender eight times in a budget,
• 4:52
  Speaker 1: intersects as he put out, no idea what that means
• 4:55
  Speaker 1: seven times. Now it's compared to things like the American people,
• 5:00
  Speaker 1: what does this tell you? They don't care about a budget.
• 5:03
  Speaker 1: They care about changing fundamentally this country. That's one of
• 5:07
  Speaker 1: the biggest issues here. When you have a budget and
• 5:10
  Speaker 1: you only mentioned inflation ten times, fetinal twice, board of
• 5:13
  Speaker 1: security eight times, and gas prices three times. But you
• 5:16
  Speaker 1: have these other words one hundred and forty eight times
• 5:19
  Speaker 1: a word climate and equity sixty three times. You know
• 5:23
  Speaker 1: this administration is pushing an agenda, awoke agenda that they
• 5:28
  Speaker 1: want you to pay for, and they want you to
• 5:30
  Speaker 1: pay a lot of money for it, billions and billions
• 5:33
  Speaker 1: of dollars. Now, we looked up intersects to just so
• 5:37
  Speaker 1: you understand what it means, because this is apparently important
• 5:39
  Speaker 1: in our United States budget. Intersex is a general term,
• 5:44
  Speaker 1: and this is in our budget use for a variety
• 5:48
  Speaker 1: of situations in which a person is born with reproductive
• 5:52
  Speaker 1: or sexual anatomy that doesn't fit the boxes of female
• 5:57
  Speaker 1: or male. Sometimes doctors do surgeries on intersects babies and
• 6:02
  Speaker 1: children to make their bodies fit the binary ideas of
• 6:07
  Speaker 1: quote male or female. So that is in our budget. Now,
• 6:11
  Speaker 1: does that have anything to do with our budget? Of course,
• 6:13
  Speaker 1: it doesn't have anything to do with our budget. Of course,
• 6:17
  Speaker 1: this has nothing to do with our budget. But it's
• 6:21
  Speaker 1: in there. And if you want to know why we've
• 6:24
  Speaker 1: gone to hell in a handbasket in this country with
• 6:26
  Speaker 1: this budget, this is exactly why. This is exactly why
• 6:31
  Speaker 1: our country has gone to hell in a handbasket under
• 6:34
  Speaker 1: the Biden administration because they're not running the country the
• 6:37
  Speaker 1: way that you would run a country. They're not running
• 6:39
  Speaker 1: the country in a fiscally responsible manner. They're running our
• 6:44
  Speaker 1: country using the budget to push an extreme, woke ideology.
• 6:48
  Speaker 1: That is the truth, and you just have to read
• 6:51
  Speaker 1: the budget to understand it. This is a woke Bernie
• 6:54
  Speaker 1: Sanders budget. There was also something else that center Cruz said,
• 6:58
  Speaker 1: and he went in a much more detail on this
• 7:01
  Speaker 1: on Verdict with Ted Cruise, our podcast that I co
• 7:03
  Speaker 1: host with him. But I want you to hear this
• 7:05
  Speaker 1: and again this is with the studio audience on Handy
• 7:07
  Speaker 1: last night, saying the sad truth is we have a
• 7:10
  Speaker 1: White House isn't being run by the Democratic Party. We
• 7:12
  Speaker 1: have a white House that's being run by socialists. Senator
• 7:16
  Speaker 1: I gave the numbers. We see the economy. We see
• 7:20
  Speaker 1: two thirds of the American people now can't make ends meet.
• 7:23
  Speaker 1: You see people cashing in their retirement plans to make
• 7:26
  Speaker 1: ends meet, people for bare necessities or using credit cards.
• 7:30
  Speaker 1: It's never been this bad in my life. Emily Sean,
• 7:34
  Speaker 1: the sad truth is the sad truth is the socialist
• 7:38
  Speaker 1: or in charge of the White House. Joe Biden certainly isn't.
• 7:40
  Speaker 1: But the people he surrounded him with, they have a
• 7:44
  Speaker 1: very simple approach to everything. They want to spend money
• 7:46
  Speaker 1: they don't want to have. They want to raise taxes
• 7:48
  Speaker 1: on you. They've unleashed record inflation. This budget that Biden
• 7:55
  Speaker 1: put out would create a fifty trillion dollar national debt.
• 7:59
  Speaker 1: And their view is they can just keep printing money
• 8:02
  Speaker 1: and unleashing inflation and borrowing money from China, and it
• 8:06
  Speaker 1: is wildly irresponsible. You know what's not in this budget
• 8:09
  Speaker 1: funds to secure our southern border. That they want to
• 8:12
  Speaker 1: fund eighty seven thousand new IRS agents, but they don't
• 8:15
  Speaker 1: have funds for significant numbers of new border patrol agents.
• 8:19
  Speaker 1: They don't have funds for significant number of new DA
• 8:22
  Speaker 1: agents to stop the fentanol crisis, the over one hundred
• 8:26
  Speaker 1: thousand overdoses that happened last year on Biden's watch. This
• 8:30
  Speaker 1: is a tax and spend budget, and amazingly some of
• 8:34
  Speaker 1: the taxes. They've got five point five trillion dollars in
• 8:36
  Speaker 1: new taxes in this budget. That includes taxes directly on energy,
• 8:41
  Speaker 1: so remember all the Democrats who said, gosh, we want
• 8:43
  Speaker 1: your gas prices low, they were lying. Joe Biden's budget
• 8:47
  Speaker 1: is saying he wants gas gas prices much much higher,
• 8:51
  Speaker 1: and he's going to put taxes on him where he
• 8:53
  Speaker 1: wants to in order to drive the prices up. Senator Cruise,
• 8:57
  Speaker 1: and the point that he is pointing out here is
• 8:59
  Speaker 1: being a member of the Senate and he's going to
• 9:01
  Speaker 1: have to vote on this budget is this is a
• 9:04
  Speaker 1: massive in expansion of government, trillions of dollars in new taxation,
• 9:10
  Speaker 1: and Democrats are now going back to what they wanted
• 9:13
  Speaker 1: to do all along. They are going to go after
• 9:17
  Speaker 1: oil and gas. We know the oil and gas prices
• 9:20
  Speaker 1: skyrocketing destroyed the economy. Democrats don't have a problem with that,
• 9:25
  Speaker 1: because they want to force you into alternative and green energy.
• 9:29
  Speaker 1: They want to force you into a hybrid. They want
• 9:31
  Speaker 1: to force you to change the way that you live
• 9:34
  Speaker 1: your life. So they don't have a problem with this.
• 9:37
  Speaker 1: They are completely fine with it. And the proof of
• 9:41
  Speaker 1: it is not that they're just fine with it. They're
• 9:42
  Speaker 1: gonna do it. They're advocating for it, they're moving forward,
• 9:45
  Speaker 1: They've written a bill for this. How many Democrats have
• 9:49
  Speaker 1: come out saying it's absurd to raise taxes trillions of
• 9:52
  Speaker 1: dollars right now in this country while we're already in
• 9:55
  Speaker 1: a recession and we're in a recession. It doesn't matter
• 9:59
  Speaker 1: how the meeting it tries to spend this or this
• 10:01
  Speaker 1: idea that we're in a possible recession or moving possibly
• 10:05
  Speaker 1: towards a recession. All that is crap. We are in
• 10:08
  Speaker 1: a recession. Okay, we're in it. It's clear. You can
• 10:11
  Speaker 1: feel it, you can watch it. You can see it
• 10:13
  Speaker 1: the prices at the grocery store. You can see it
• 10:16
  Speaker 1: with the prices of interestrying and see it with a
• 10:17
  Speaker 1: housing market. You can see it with the employment market.
• 10:20
  Speaker 1: We have two openings for every one possible employee in
• 10:24
  Speaker 1: this country right now. Wages are increasing and that is
• 10:27
  Speaker 1: pushing up inflation. The cost of goods and services are
• 10:31
  Speaker 1: going through the roof. Why do you think so many
• 10:33
  Speaker 1: people are not buying a house right now because of
• 10:36
  Speaker 1: not just interest rates but the pricing and talk about
• 10:39
  Speaker 1: new goods and services through the roof, labors through the roof.
• 10:44
  Speaker 1: That's why the US economy is again on fire in
• 10:48
  Speaker 1: two different ways, one with inflation and on fire as
• 10:52
  Speaker 1: it's hurting all of us now. There are also people
• 10:56
  Speaker 1: that are worried about other things that are happening. A
• 10:59
  Speaker 1: Silicon on Valley Bank, for example, shares have been halted
• 11:05
  Speaker 1: on Wall Street after a plunge deepens the bank SVB
• 11:10
  Speaker 1: Silicon Valley Bank. This is the same thing that happened
• 11:15
  Speaker 1: with Bear Stearns and the economy back in the In
• 11:19
  Speaker 1: the Bush Air twenty six seven eight, trading and shares
• 11:23
  Speaker 1: of the holding company of Silicon Valley Bank were halted
• 11:26
  Speaker 1: for Penning News on Friday after pre market price indicators
• 11:30
  Speaker 1: plunged by sixty three percent. SVB Financial Group set on
• 11:36
  Speaker 1: Wednesday that it was issueing at two point two five
• 11:39
  Speaker 1: billion of shares to bolster its capital position after a
• 11:42
  Speaker 1: significant loss in its investment portfolio. Prominent venture capitalists, reportedly
• 11:49
  Speaker 1: including Peter Thield, have reportedly told portfolio companies to withdraw
• 11:54
  Speaker 1: funds from the bank. CNBC is now reporting that the
• 11:59
  Speaker 1: attempted capital raise has quote failed. Instead, the bank is
• 12:04
  Speaker 1: now looking to sell itself, according to CNBC, The bank
• 12:09
  Speaker 1: set on Wednesday that would that it would book a
• 12:11
  Speaker 1: one point eight billion after tax loss on sales of investments,
• 12:17
  Speaker 1: sparking panic that has led some depositors to withdraw their
• 12:21
  Speaker 1: funds from the bank. Rising rates hurt the value of
• 12:25
  Speaker 1: bond portfolios held by this bank. What's more, customers are
• 12:29
  Speaker 1: lured out of bank deposits seeking higher yields and safe
• 12:32
  Speaker 1: assets such as short term treasuries. Perishing Square CEO Bill
• 12:37
  Speaker 1: Ackman compare the collapse of this bank Silicon Valley Bank
• 12:43
  Speaker 1: SVP to bear sterns and a tweet on Friday indicating
• 12:46
  Speaker 1: that the government may need to help, may need to
• 12:48
  Speaker 1: step in to make sure depositors were safe in order
• 12:51
  Speaker 1: to stem a broader bank run. It's happening, folks, the
• 12:57
  Speaker 1: economy right now. This is where we are. They can
• 13:00
  Speaker 1: lie to you and tell you that things are fine,
• 13:02
  Speaker 1: and the president can walk out there and tell you
• 13:04
  Speaker 1: we need to raise taxes. But this is the economy.
• 13:07
  Speaker 1: Why the hell would you raise taxes right now. Don't worry, though,
• 13:11
  Speaker 1: Joe Biden says, Hey, we're only going to screw the
• 13:13
  Speaker 1: people that are actually employing people. Those making over four
• 13:16
  Speaker 1: hundred thousand dollars a year are just going to pay
• 13:18
  Speaker 1: for the trillions of new spending. No one making less
• 13:22
  Speaker 1: than four hundred thousand dollars. We'll see a penny in
• 13:26
  Speaker 1: federal taxes go up, not a single penny. Now, why
• 13:29
  Speaker 1: to do it four hundred thousand, because I doubt anybody
• 13:31
  Speaker 1: here makes four hundred thousand. I did it to make
• 13:34
  Speaker 1: the case that I'm not going after anything remotely, and
• 13:39
  Speaker 1: even ordinary folks, because they're paying their share. Because they're
• 13:44
  Speaker 1: paying their fair share. Yeah, this goes back to the
• 13:49
  Speaker 1: democratic playbook. We see this every single time. What do
• 13:53
  Speaker 1: they say, you're not paying your fair share? Right? You
• 13:57
  Speaker 1: go to war with people, and you turn the good
• 13:59
  Speaker 1: guys into the back guys. You turn the employers into
• 14:01
  Speaker 1: the evil ones. You turn the rich people into the
• 14:03
  Speaker 1: evil ones. You tell the country that they're public enemy
• 14:07
  Speaker 1: number one, that they're the ones that are screwing you,
• 14:10
  Speaker 1: even though they're the ones that are paying the mass
• 14:13
  Speaker 1: majority of taxes. I'll tell you what, when I was younger,
• 14:16
  Speaker 1: growing up, I love this country a lot more than
• 14:19
  Speaker 1: I do love the government right now. I loved our
• 14:21
  Speaker 1: government a lot more than I like the government right now.
• 14:24
  Speaker 1: But when you start riding a check, when you have
• 14:26
  Speaker 1: good years and you take big risks, and you work
• 14:28
  Speaker 1: your tail off for six figures and taxes, and I've
• 14:30
  Speaker 1: had to do that and you realize what you don't
• 14:33
  Speaker 1: get in return for six figures of work. When you
• 14:36
  Speaker 1: realize that I work January February March to pay my
• 14:41
  Speaker 1: taxes and then I get start earning money. That's how
• 14:43
  Speaker 1: long I work for the United States government every year,
• 14:47
  Speaker 1: no matter what. It'll really make you angry, and it
• 14:51
  Speaker 1: should make you angry by the way. It is infuriating.
• 14:55
  Speaker 1: It is infuriating that that's where we are in this country,
• 14:58
  Speaker 1: and now they want more from me. When I take risks,
• 15:01
  Speaker 1: when I start businesses, when I work as hard as
• 15:04
  Speaker 1: I can to provide for my family, when I take
• 15:08
  Speaker 1: huge losses through COVID and businesses and small businesses, when
• 15:12
  Speaker 1: I have income that drops fifty sixty seventy percent a
• 15:15
  Speaker 1: year because of the economy, because of advertising, for example,
• 15:18
  Speaker 1: They're not going to be there to help me. They're
• 15:21
  Speaker 1: just gonna take every damn dime then get their hands on.
• 15:25
  Speaker 1: And it's not just because I'm conservative, It's because I
• 15:27
  Speaker 1: am fighting hard and working hard. Self made small business owners.
• 15:34
  Speaker 1: They don't punch a clock. They do whatever it takes
• 15:38
  Speaker 1: for as many hours as it takes to get it done.
• 15:42
  Speaker 1: And the federal government now is putting their foot on
• 15:45
  Speaker 1: all of our necks to the tune of trillions and
• 15:49
  Speaker 1: news spending. And this is the Democratic Socialist Party. They're
• 15:53
  Speaker 1: not Democrats, they're socialists. You look at this budget. It's
• 15:57
  Speaker 1: not a budget. It's a socialist manifesto that now actually
• 16:05
  Speaker 1: has funding connected to it. This isn't just some random idea, okay,
• 16:13
  Speaker 1: This is an actual manifesto. This is a manifesto that says,
• 16:20
  Speaker 1: now we would like to move on to the funding stage,
• 16:24
  Speaker 1: and if you have money, we're going to take it
• 16:27
  Speaker 1: from you, and we're gonna give it to the government
• 16:30
  Speaker 1: who's ain't going to debut it out to people that
• 16:32
  Speaker 1: we like that people that we think are good, people
• 16:35
  Speaker 1: that we think will vote for us. There isn't an
• 16:39
  Speaker 1: economist in the country right now that would believe and
• 16:44
  Speaker 1: advocate for the idea that now is the right time
• 16:48
  Speaker 1: to raise taxes, okay, And there's not a single person
• 16:55
  Speaker 1: right now that would say this is the time to
• 16:57
  Speaker 1: do it. Janet Yellen, by the way, saying Biden's policies
• 17:02
  Speaker 1: have made a meaningful difference for American families. I want
• 17:06
  Speaker 1: to know why the Treasury Secretary is making political statements
• 17:10
  Speaker 1: like this about the presidents twenty twenty four budget. Listen
• 17:13
  Speaker 1: to your Treasury Secretary now. Our task is to navigate
• 17:17
  Speaker 1: our economy's transition from rapid recovery to sustainable growth. Our
• 17:23
  Speaker 1: administration's top economic priority remains bringing down inflation. We've seen
• 17:30
  Speaker 1: some moderation and headline inflation, but more work needs to
• 17:34
  Speaker 1: be done. Our administration will continue to build on the
• 17:38
  Speaker 1: actions we've taken to expand supply and provide cost relief
• 17:44
  Speaker 1: in areas like energy and healthcare. These actions have made
• 17:49
  Speaker 1: a meaningful difference for American families. So we now have
• 17:54
  Speaker 1: a Treasury secretary that's pushing this socialist propaganda. Kevin McCarthy,
• 18:01
  Speaker 1: the Speaker of the House, he did an interview earlier
• 18:05
  Speaker 1: today talking about Joe Biden's budget, and he put it
• 18:08
  Speaker 1: into perspective a little bit different way. He said, what
• 18:13
  Speaker 1: Joe Biden's trying to do is create the biggest government
• 18:15
  Speaker 1: we've ever seen in the history of the world. We
• 18:18
  Speaker 1: disagree and then fight it out on the Commress. I'd
• 18:20
  Speaker 1: ready to meet with the Speaker anytime tomorrow if he
• 18:24
  Speaker 1: has his budget. Just heard the President say he's ready
• 18:27
  Speaker 1: for you. Are you ready for him? I've been ready
• 18:30
  Speaker 1: to meet with him since the day he got in,
• 18:32
  Speaker 1: but he's been avoiding. You know, he's been more than
• 18:34
  Speaker 1: a month late with producing this budget. He's known it
• 18:37
  Speaker 1: for more than two years. And anybody who's took economy
• 18:40
  Speaker 1: one oh one would know this is the wrong approach.
• 18:43
  Speaker 1: We've got an economy worried about whether we're going to
• 18:46
  Speaker 1: go downward, and he wants to take taxes. That's all
• 18:49
  Speaker 1: he ever wants to do to create the biggest government
• 18:51
  Speaker 1: we've ever had. And then what does he do about
• 18:54
  Speaker 1: the deficit? He just adds to it. And we've just
• 18:56
  Speaker 1: had the Congressional Budget Office come out and tell us
• 19:00
  Speaker 1: why do we have inflation? All that spending Democrats did
• 19:03
  Speaker 1: why they were in power, and now he wants to
• 19:06
  Speaker 1: spend more. So now we have to pay the piper.
• 19:08
  Speaker 1: We're going to pay more than ten point five trillion
• 19:11
  Speaker 1: in the next ten years just on interest. But for
• 19:14
  Speaker 1: the American public to know, since nineteen forty to today,
• 19:18
  Speaker 1: we've only paid nine trillion dollars in interest. So he's
• 19:21
  Speaker 1: going to do what took us eighty some years to
• 19:24
  Speaker 1: happen in less than ten years, and for the first
• 19:27
  Speaker 1: time in a ten year window, by the Congressional Budget Office.
• 19:31
  Speaker 1: All three trust funds go insolvent, the Highway Trust Fund, Medicare,
• 19:36
  Speaker 1: and Social Security. And he has no answer, And why
• 19:40
  Speaker 1: is it going insolvent? Because they rated it when they
• 19:43
  Speaker 1: did Obamacare. They rated it when they passed their last
• 19:46
  Speaker 1: big all Democrat bill, their American Rescue. They continue to
• 19:51
  Speaker 1: have the worst policies for this country. It's to take
• 19:55
  Speaker 1: more and make government bigger, take more and make government bigger,
• 20:00
  Speaker 1: trying to make the biggest government we've ever seen in
• 20:02
  Speaker 1: the history of this country. And Joe Biden just says, Hey,
• 20:05
  Speaker 1: we're in a bad economy, let's raise taxes. Janet yellen
• 20:09
  Speaker 1: policies have made a meaningful different in American families. Yeah,
• 20:12
  Speaker 1: they have less money now than they've ever had before.
• 20:15
  Speaker 1: And the President just walked out trying to spend all
• 20:18
  Speaker 1: of this news at the White House, saying a moment ago,
• 20:21
  Speaker 1: the February jobs report shows that my economic plan his words,
• 20:27
  Speaker 1: is working. I think we've got a good jobs report.
• 20:30
  Speaker 1: I'm happy to report that our economy has created over
• 20:33
  Speaker 1: three hundred thousand new jobs last month. And that's on
• 20:37
  Speaker 1: top of a half million jobs we added the month before.
• 20:41
  Speaker 1: All told, we've created more than twelve thousand, twelve thousand
• 20:45
  Speaker 1: jobs since they took office, nearly eight thousand of the
• 20:48
  Speaker 1: manufacturing jobs. That means overall, we've created more jobs in
• 20:52
  Speaker 1: two years than any administrations have created in the first
• 20:55
  Speaker 1: four years. And I think all this matters. By the way,
• 21:00
  Speaker 1: do any of you believe any of this when he says,
• 21:03
  Speaker 1: you know, we've created more jobs anybody else than in
• 21:05
  Speaker 1: the first two years, and you didn't create those jobs.
• 21:09
  Speaker 1: Mister president, What you did do is you shut down
• 21:13
  Speaker 1: the country and did everything you could to keep it
• 21:17
  Speaker 1: shut down, and then you came back. You're like, all right,
• 21:22
  Speaker 1: now that we've shut everything down, we're gonna open it
• 21:26
  Speaker 1: back up. And then hiring went through the roof. That's
• 21:30
  Speaker 1: not you creating a job. That's people just going back
• 21:34
  Speaker 1: to the jobs that you help shut down when you
• 21:39
  Speaker 1: shut down the economy and then finally people got to
• 21:42
  Speaker 1: go back to work. That's not creating a job. Okay,
• 21:50
  Speaker 1: you can't take credit for that. That's not creating anything
• 21:58
  Speaker 1: at all. But he wants you to believe that somehow
• 22:01
  Speaker 1: he's creating jobs literally out of thin air. It means
• 22:08
  Speaker 1: our economic plan is working. And when I took office
• 22:12
  Speaker 1: the recovery and the economy was there was no recovery
• 22:15
  Speaker 1: in the economy was really and the eighteen million people
• 22:19
  Speaker 1: were unemployed on unemployment insurance compared to less than two
• 22:23
  Speaker 1: millions a day. Unemployment was six point three percent, and
• 22:27
  Speaker 1: nonpartisan Congressional budget officers predicted it wouldn't get below four
• 22:31
  Speaker 1: percent until twenty twenty six. Because of our economic plan,
• 22:35
  Speaker 1: unemployment has been below four percent for fourteen straight months
• 22:39
  Speaker 1: since January twenty twenty two. Last month, that unemployment rate
• 22:43
  Speaker 1: remained near the lowest level in fifty years. Fifty years,
• 22:48
  Speaker 1: and that's really good news. People who were staying out
• 22:51
  Speaker 1: of the job market, this is a particularly good news,
• 22:53
  Speaker 1: are now getting back into the job market. They're coming
• 22:56
  Speaker 1: off the sidelines. They're getting back into the job market.
• 22:59
  Speaker 1: The share of working age folks who are in the
• 23:02
  Speaker 1: labor force, it's higher than it has been anytime since
• 23:05
  Speaker 1: two thousand and eight. That was one of the big
• 23:07
  Speaker 1: predictors everybody's looking at. So Joe Biden wants you to
• 23:11
  Speaker 1: believe the economy is great. You should pat him on
• 23:14
  Speaker 1: the back, that inflation isn't real, that the expansion of
• 23:18
  Speaker 1: government and higher taxes is all a good thing and
• 23:22
  Speaker 1: part of his plan. The White House also claiming this
• 23:29
  Speaker 1: morning that his fiscal policies are somehow responsible, even though
• 23:34
  Speaker 1: we're borrowing record number of dollars and trillion dollar deficits
• 23:40
  Speaker 1: when we talk about deficit reduction, when we talk about
• 23:44
  Speaker 1: having being fiscally responsible. This is something that the President
• 23:47
  Speaker 1: has talked about since the campaign. And you hear me
• 23:50
  Speaker 1: just as I did moments ago, talk about the one
• 23:52
  Speaker 1: point seven trillion dollars deficit that he did the first
• 23:55
  Speaker 1: two years. Yeah, they're now telling you he's actually cutting
• 23:59
  Speaker 1: your deficit, that things are better because of him, not worse,
• 24:04
  Speaker 1: And the White House Press Corps not pushing back on this,
• 24:07
  Speaker 1: They're just reporting this. You go out and talk to
• 24:10
  Speaker 1: any American right now and they will tell you that
• 24:12
  Speaker 1: they are hurting. We know from the data that there
• 24:16
  Speaker 1: are more Americans now than in any other time in
• 24:18
  Speaker 1: my lifetime, living literally paycheck to paycheck, taking money out
• 24:23
  Speaker 1: of their retirement accounts, out of their four oh one case,
• 24:28
  Speaker 1: just to try to make ends meet. Yes, we know that.
• 24:31
  Speaker 1: I'm honest about this. Some wages have gone up, but
• 24:34
  Speaker 1: the amount of money that you're making now is instantly
• 24:38
  Speaker 1: disappearing because the costs of goods and services have skyrocketed.
• 24:44
  Speaker 1: You can't say that the economy is in great shape
• 24:47
  Speaker 1: when the American people are struggling just to put food
• 24:50
  Speaker 1: on the table. I was talking to a banker the
• 24:53
  Speaker 1: other day and they were talking about the massive increase
• 24:56
  Speaker 1: in overdrafts on debit cards. This areted late last year,
• 25:02
  Speaker 1: and they say, is continuing to get worse and worse
• 25:08
  Speaker 1: and worse. Why is that happening? How is it getting
• 25:14
  Speaker 1: and why is it getting worse and worse? Because Americans
• 25:17
  Speaker 1: are running out of money each month before they get
• 25:20
  Speaker 1: their next paycheck. Would increasing taxes fix that problem or
• 25:27
  Speaker 1: make it even worse? It would make it worse. Talk
• 25:29
  Speaker 1: to any economists. They would say, now is not the
• 25:32
  Speaker 1: right time to raise taxes. This would be a colossal
• 25:38
  Speaker 1: failure to raise taxes right now, at this moment in time.
• 25:44
  Speaker 1: They don't care. So when they tell you that things
• 25:51
  Speaker 1: are good, go look at your bank account. When they
• 25:55
  Speaker 1: tell you things are good, go look at the costs
• 25:57
  Speaker 1: of a gallon of milk. Go look at the record
• 26:00
  Speaker 1: setting prices for basic necessities like eggs. Have you looked
• 26:06
  Speaker 1: at egg prices lately? Have you looked at bread? How
• 26:10
  Speaker 1: have you looked at butter. Have you looked at not
• 26:13
  Speaker 1: just butter, have you looked at the price of chicken.
• 26:16
  Speaker 1: I bought chicken breasts the other day, took a cook
• 26:19
  Speaker 1: at home, right save a little money. Fourteen dollars for
• 26:23
  Speaker 1: my family for chicken. I've never paid that in my life.
• 26:26
  Speaker 1: It was over four dollars a pound for chicken breasts.
• 26:29
  Speaker 1: And I wasn't buying like the organic we gave the kids.
• 26:33
  Speaker 1: You know, the chickens hugs every morning chicken breasts either.
• 26:36
  Speaker 1: This was just straight up chicken breasts. I've never paid
• 26:40
  Speaker 1: what I'm paying right now for a gallon of milk.
• 26:41
  Speaker 1: I've never paid what I'm paying right now for butter.
• 26:44
  Speaker 1: I've never paid what I'm paying right now for beef.
• 26:49
  Speaker 1: Are those prices coming down? No, And the American people
• 26:52
  Speaker 1: are feeling this, and they want to raise your taxes
• 26:58
  Speaker 1: because ultimately what they need is a very every week
• 27:00
  Speaker 1: economy so that you're dependent on the government for your survival.
• 27:04
  Speaker 1: That's how democrats get power. Make sure you share a
• 27:08
  Speaker 1: podcast please with your family and friends. Please write us
• 27:11
  Speaker 1: a five star review on wherever you're listening to this podcast,
• 27:14
  Speaker 1: so more people will find our podcasts. That helps tremendously
• 27:17
  Speaker 1: on the charts, and we will see you back here
• 27:20
  Speaker 1: tomorrow