Episode Transcript
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Speaker 1 (00:01):
So you may have heard that interest rates are now
to twenty one year high. What you may not have
heard is this from the media that inflation ticked up,
not down, in July. In the gauges that the federal
government looks at when they decide if they're going to
raise interest rates again. Inflation actually ticked up to three
(00:21):
point three percent yes on an annual rate in July,
as measured by the gauge favored by the Federal Reserve. Now,
this increase and the personal consumption Expenditure price index reported
Thursday morning by the Bureau of Economic Analysis tracks other
readings that show inflation increased last month amid the Fed's
(00:42):
campaign to slow it by hiking interest rates over and
over and over and over and over again. So where
the report show us. The latest report shows inflation is
still above the Central Bank's goal of two percent annual
price growth. A bit of bad news for the economy
and the Biden administration. So why haven't you heard about
(01:02):
this story since this broke on Thursday. It's because the
media understands it's a presidential election that's going on right
now and they must tout positive economic developments. It's proof
that Bidenomics and the agenda is working. Now, let's talk
about the facts. The core PCE inflation, a measure inflation
(01:26):
that strips out energy and food prices and is generally
less volatile, rowse a tenth of a percentage point to
a new high a four point two percent in a
year over year rate.
Speaker 2 (01:41):
That's not good news. That's really bad news.
Speaker 1 (01:44):
Now, this latest p CE news comes after June's inflation
report showed declines. That's what the Biden administration jumped all
over that were more pronounced than many economists had expected.
Here's the problem. While the c then, while the PCE
is the Fed's preferred inflation gauge, the more commonly cited
(02:06):
headline number is the consumer Price Index, and that inflation
was clocking in at three point two percent in July.
Inflation has fallen greatly, the White House will tell you
from its peak last summer, because the Central Bank has
skyrocketed interest rates. And that's why you're paying a twenty
one year high on your home if you're going to
(02:28):
buy one right now. Other economic indicators have also not
been going in the right direction recently. For example, GDP
growth has remained quote positive. The problem is it's coming down.
That's when you know you're headed towards what many refer
to as a recession. Also, economic growth increase at a
(02:51):
two point one percent annual rate in the second quarter
of this year, according to the government's GDP estimates release
this week. That follows a FIR quarter that featured a
two percent expansion. That is again something they'll point to
is Okay, we're going to be fine. But then there's
the labor market. The labor market has remained strong as well. However,
there are now new signs of slowing. The economy added
(03:16):
one hundred and seventy one hundred and eighty seven thousand
jobs in July, and the unemployment rate inched down to
an ultra low three point five percent. But this is
where economists are saying those numbers aren't an accurate portrayal
of what's going on right now. This week's release the
Job Openings and the Labor Turnover Survey showed the number
(03:37):
of job openings decreased to eight point eight million in July,
the lowest that number has been in more than two years.
What that means is people are stopping the hiring that
they have been at the same rate that they've been
going at for quite some time, meaning that inflation is
now catching up to the business owners, corporations and small
(04:00):
business owners. Now, there's another aspect of this that has
to be talked about, and that is this part of
the conversation, what is the media going to do and
are they going to tell you the truth?
Speaker 2 (04:13):
I can tell you they're not.
Speaker 1 (04:15):
In fact, we put together a montage for you, and
I want you to share this with everyone you know,
because the media understands one thing right now that is
incredibly important for them, and that one thing is to
tell you that it's just not that bad, that your
life is actually going in the right direction, that everything
is fine, and that you should just get used to
(04:36):
paying these lifetime highs on groceries and you should be
thankful for how good things actually are. I'm not joking.
This is their narrative that they are pushing out right now,
and it's a narrative that every single one of you
should be very upset with. Now, Listen carefully, Okay, this
is an important aspect of this conversation. Listen carefully to
(04:59):
the media continuing to tell you that Bidenomics, with lifetime
highs on inflation for me and for many of you listening.
And a twenty one year high with interest rates now
and credit card debt, by the way, is about to
be a massive problem in this country. We're more than
a trillion and credit card debt and those credit card
interest rates are going to be at the highest people
(05:20):
have ever seen while they've had those credit cards. So
you combined all of this and you've got a huge,
massive problem. So is the media telling you that, No,
they're propagandists, repeat after the White House, the economy's strong
and I'm happy, and they're all saying the same damn thing.
Speaker 2 (05:39):
Listen, Bidenomics.
Speaker 3 (05:41):
Polls consistently show that a majority of the American.
Speaker 4 (05:44):
People disapprove of the President's handling of the economy. Fiction
filing rates are soaring fifty percent higher than they were
before the pandemic.
Speaker 3 (05:52):
Over half of Americans earning a six figure salary report
that they're actually living paycheck to paycheck.
Speaker 4 (05:58):
Tens and tens of millions of people are struggling to
put food on the table.
Speaker 5 (06:03):
The number of homeless people on the streets and in
shelters across the US increased significantly this year.
Speaker 4 (06:08):
Leiden, trying to rev up his economic vision for America,
but a lot of people aren't buying it.
Speaker 2 (06:12):
Because they can't literally buy anything. I'm so sick of
how expensive everything is. I don't know how anyone else
is surviving out here.
Speaker 6 (06:19):
I can't go to the grocery store and get a
week's worth of groceries without spending three hundred four hundred
dollars because everything is just astronomically expensive.
Speaker 7 (06:28):
Eventually we will have no quality of life whatsoever, not
even for the middle class. It'll just be the rich
people enjoying life.
Speaker 2 (06:34):
Is that what you want, because that's whe we're headed.
Speaker 8 (06:36):
Can't tell you how many people I know, young and
older especially, that are living in their cars and.
Speaker 2 (06:41):
Living in their car idiot.
Speaker 7 (06:43):
We all struggled, but there's a different street struggling and drowning.
I told my son, all you have to do is
work hard, go to college or join the military like
I did. It's saved almost every dime and still can't
afford to live. It's literally turning into the ultra wealthy,
and then everybody else is just born.
Speaker 6 (06:58):
The everyday necessities that people.
Speaker 2 (07:01):
Take for granted, you can't afford them anymore.
Speaker 6 (07:04):
I have never seen somebody core billions of dollars into
another country and.
Speaker 2 (07:10):
Not its own. That is clearly hurting.
Speaker 5 (07:13):
Bidnomics, Biden's formula for strong economic growth from the bottom up.
Speaker 2 (07:18):
It's so much.
Speaker 5 (07:19):
Greater than even the experts in economics stuff expected it
to be.
Speaker 4 (07:23):
How are you feeling tonight? Are you feeling confident tonight?
Biden administration is crediting Bidenomics.
Speaker 6 (07:31):
The economy is great.
Speaker 2 (07:32):
It's a Goldilocks economy. I don't recall an economy that
is this good. Our economy is doing so well.
Speaker 7 (07:38):
I guess what it's WORKINGMICS is working.
Speaker 5 (07:42):
Bidomics is working.
Speaker 4 (07:43):
It is actually working.
Speaker 7 (07:45):
My God, really is morning in America right now.
Speaker 5 (07:48):
From your Libs CORNELLMICS is changing their lives for the better.
Speaker 4 (07:53):
Most economists fear the most that the United States economy
is too strong. We haven't seen an economy like this,
And the Biden administration has been more successfully economically than
the New Deal.
Speaker 2 (08:06):
The Bidenomics.
Speaker 6 (08:07):
This has been the greatest economic growth of any country
in the world.
Speaker 2 (08:11):
The economy is looking in every meaningful metric right now,
you know, frankly, well beyond the expectations of anyone.
Speaker 3 (08:19):
Because real Americans are feeling the.
Speaker 4 (08:21):
Benefits bynomics, and how well the economy has been doing
under Joe Biden.
Speaker 2 (08:25):
Flower, it might actually be declaring victory. This economy is
particularly good.
Speaker 7 (08:29):
Well, ask me, how did it feel when you were
sitting there with the woman Vice President of the United States,
woman Speaker of the House.
Speaker 5 (08:36):
This is bidnomics, this is Bynomics. Everything that Joe Biden
has done since the beginning of his administration, he.
Speaker 2 (08:44):
Has been winning towards your oars.
Speaker 5 (08:46):
You look at the gas prices that came down. America
is doing incredibly.
Speaker 2 (08:50):
Well Bidenomics, bynomics.
Speaker 4 (08:52):
Things have been looking much much better for the US economy.
The reality is much better than you feel.
Speaker 2 (08:57):
I know, we have bidmics sense.
Speaker 4 (08:59):
Yeah, I'm carr Is biden nomics programs that delive in
widespread prosperity, jobs, reducing inequality.
Speaker 5 (09:06):
The Biden economy was like the Rodney Dangerfield of economies.
They couldn't get any respect for the things that they'd done,
but you knew it was popular.
Speaker 1 (09:13):
This is what propaganda sounds like, and you can hear
it in their voices.
Speaker 2 (09:19):
They're not journalists.
Speaker 1 (09:22):
They're members of the Biden administration going on TV and
doing everything they can to convince you that this is amazing,
that this is perfect. That you should be the happiest
person in the world. You should be grateful for what
they've done for you, even though clearly they haven't done.
Speaker 2 (09:41):
Jack crap for you.
Speaker 1 (09:43):
I want to tell you about an amazing trip that
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the principles that we hold dear as Americans, and I
want you to join me and many other listeners as
we visit sites like the Arms Again in Battlefield, Nazareth, Jericho, Jerusalem, Bethlehem.
(10:04):
You're also on this trip going to set sail on
the Sea of Galilee, and you're gonna float on the
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figures like King David and Jesus Christ, and you're gonna
do it all together with other listeners from around the country. Now,
I'm going to meet up with you in Jerusalem and
you're going to experience the city and some of the
most amazing sites like the Western Wall, the Temple mount
(10:28):
The trip is going to deepen your understanding of the
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got time to plan because the trip's going to take
place May the sixth through the fifteenth of twenty twenty four.
(10:50):
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(11:13):
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the way, just bydnomics where the media is doing this
(11:34):
kind of crap. I want to give you an example
of something that has nothing to do with the economy,
but it does have to do with a transgender issue.
Sage Steele was an amazing anchor at ESPN. Sage Steel
is no longer an anchor at ESPN, and the reason
why is because, as a woman, she made it clear
that she was going to defend women's sports, and part
(11:56):
of what she decided to do is to say that
there is a difference between men and winn and just
because you're a dude acting like a chick doesn't mean
that you should be able to do what Thomas, for example,
did in the swimming Championships, that it's unfair to women.
Martina Navtulova, speaking of tennis right now, at the US Open,
came out and she was one of the first openly
gay professional athletes. She took a huge hit financially for
(12:20):
doing that, and she did it. When she came out,
it was in a time in the I think it
was the early eighties when she when she came out
that it completely destroyed her marketability aspect of her career
because no one wanted to touch her. She is a trailblazer,
would be a better way of describing it. And one
of the interesting things about her is she's also now
(12:42):
come out and people on the and the LGBTQ actors
community are attacking her because she's saying, hey, men should
not be allowed to play in women's sports even if
they quote identify as a woman. So what's the media
doing on that issue? They're attacking anybody that says anything
that they don't agree with. Now, Sage Steele also is
(13:02):
coming up with something that I think is a very
interesting point that we should all use to our advantage.
She said something about science, and she was talking about COVID.
You know, in COVID, what was the line You can't
question science, right, That's the Faucy line and the and
the CDC and the NAH and everybody else, right, Like,
you got to follow the science.
Speaker 2 (13:22):
You got to follow the science. You got to follow
the science. And that's what they said.
Speaker 1 (13:25):
You couldn't ask questions about ivermectin, You couldn't ask questions
about how lethal COVID actually was. You couldn't ask questions
about people and every doctor saying that you died of
COVID in the hospitals because they made more money off
it than if it was an actual heart attack or
a stroke or anything else. That there's a lot there
that that we should that that can be talked about,
(13:46):
that should be talked about and if you brought up
questions or you had doubts, they immediately said that you
were a science denier. Well, here's where Sage Steel has
become totally brilliant, and I want to give her credit.
She's now ripping those preaching science on COVID but ignoring
(14:06):
the same basic science when it comes to men playing
in women's sports. It's also come up at the White House,
and the White House is now decking questions on protecting
women's athletes. Listen to Sage Steele on Fox News Channel
talking about this, and again, if we're going to follow
the science right like we did with COVID, the mandate
(14:27):
of follow the science can't ask questions, then why aren't
we following the science on the difference between men and women?
Speaker 3 (14:32):
Defended you. I'm not going to play that. I do
want to play this though from the White House, because
you did. I brought up and then you picked up
on it. The issue of transplane in women's sports. It
was brought up at the White House yesterday. This is
a hot topic all across the country and for good reason.
Listen to the White House yesterday.
Speaker 4 (14:47):
Well, that gives schools the flexibility to establish their own
athletics policies.
Speaker 6 (14:53):
Is he cared that girls are allowed to compete in sports?
Speaker 8 (14:56):
To nowogist a year of in I read, does he
think it's fair for girls to have to compete against
biological males?
Speaker 5 (15:02):
I just answered the question. It is a complicated issue.
Speaker 6 (15:05):
It is truly a complicated issue with a wide range
of views, a wide range of views.
Speaker 3 (15:11):
How complicated do you think it is?
Speaker 2 (15:13):
Sage? This is so ridiculous.
Speaker 6 (15:15):
Honestly, the more I hear it, the more angry I get, because.
Speaker 4 (15:18):
It's not complicated. All these people who've been preaching science.
Speaker 6 (15:21):
For the last three plus years with COVID are all
of a sudden ignoring science for something that is so basic. Also,
even if you talk to people, I've got a lot of.
Speaker 2 (15:29):
People come up to me.
Speaker 6 (15:30):
We have very different opinions about a lot of things.
Speaker 2 (15:32):
But I feel like on.
Speaker 6 (15:33):
Both sides of the aisle, so to speak, the vast
majority of Americans agree this is ridiculous. We know the
differences between boys and girls, men and women, and I'm
disappointed and a lot of people, a lot of companies,
et cetera, that are they were preaching, you know, women's
and supporting women's sports, et cetera. And how about all
the title nine work for all these years, then all
(15:55):
of a sudden we're just forgetting it and ignoring it.
And most importantly people who agree with us that are
being silent why because it's easier, because it's safer. And
I just feel that if we don't speak up, and
by the way, I mean I mean men and athletes
with big platforms as well, I almost feel like we're
going to have blood on our hands here because.
Speaker 2 (16:14):
What is the line.
Speaker 6 (16:16):
All I know is that as a mother and as
someone with a little bit of a platform, which I
don't know what that is right now, but here I
am like, if we don't do this, then we've wasted
fifty years of work and trying to uplift women.
Speaker 2 (16:29):
And I don't get it.
Speaker 6 (16:30):
This is this is pathetic that it's still an issue,
and shame on these people in leadership positions for not
being willing to give an honest answer.
Speaker 3 (16:38):
Especially those women who made millions. They worked hard, they
got those championships, they succeeded, and now they don't stand
up for girls that are younger than them. It is
mind blowing. And I hope that you and I get
to maybe off camera. We'll talk about it one day,
and I hope we see you again and more often
on Fox News. Sage Steal, thank you so much. Have
a great day.
Speaker 6 (16:59):
Thank you, thank you.
Speaker 1 (16:59):
For having I mean you look at saying she's her
career in many ways has been ruined. She was an
incredible person on TV in sports, and all she said
was I'm going to protect women's sports.
Speaker 2 (17:11):
That's all she said. Like it's just that simple.
Speaker 1 (17:14):
But what does the media do to their own a
fabulous career? I mean, what do they do? They will
attack and destroy you. They will come after you with
everything they have. They will make sure that they silence
you no matter what. There's also something else here that
I think is important to understand. College athletes that speak
(17:37):
out about transgender athletes dominating women's sports. When they do it,
the universities are not backing them up either, Like they're
not doing it.
Speaker 2 (17:45):
Listen to this.
Speaker 1 (17:46):
This is a college athlete speaking out about transgendered athletes
in her school.
Speaker 4 (17:51):
Would you tell us, tell all of us watching right now,
what is it like to go into a competition against
a transgender athlete when you know the outcome ahead of time.
Speaker 8 (18:00):
Yeah, it's extremely deflating. I've experienced it five times, and
each time I lost to biological mail. And the fact
that that's still happening, that women are still losing to
biological males in their own sport, shows why we need
more female athletes to speak of about this. And so
I just kind of want to say to the female
athletes in Pennsylvania, don't let anyone silence you. Speak up,
(18:22):
tell the NCAA, your athletic directors, and your coaches that
you want fair competition because doing this is nowhere near
as scary as it seems, and the amount of support
is overwhelming.
Speaker 1 (18:33):
That is a brave woman who is then ostracized. And
what they do is they'll say, oh, well, you're a bigot.
They'll say you're being you're a homophobe, you're anti transgender,
you're the worst person in the world because you're not
willing to comply. And I say this to encourage women.
Women's sports will only be saved if women start standing
(18:55):
up for women. If mothers don't start standing up for
young girls, then men will take over women's sports. Now
I'm not saying every position. They're just gonna take over
the record books. They're gonna be ranked number one. Thomas
winning the national championship is a great example of this.
It only takes one person, one man, to act like
(19:19):
they are a woman and allow them in to destroy
the entire women's sports apparatus. And at some point it's
gonna happen to your daughter or your grandchild in sports.
High school sports now are in full swing, college sports
or in full swing. And I'm telling you right now,
(19:40):
when one man gets on the field, whether it's soccer,
whether it's softball, whether it's I don't care, swimming, any
of these other sports, lacrosse, they're gonna injure women like
there's gonna be serious injuries to women. We've already seen
this around the world at the highest levels in different sports.
But it's gonna happen, and that's probably what it's going
(20:02):
to take for women to wake up.
Speaker 2 (20:03):
It shouldn't take that.
Speaker 1 (20:05):
It's also going to be when the record books get
destroyed and when women don't get to go into bigger
competitions because somebody takes their spot, who's a dude acting
like a chick. There is going to be heartbreak. There
is going to be lifetime achievements that are going to
be taken away. They're going to be destroyed because of
(20:27):
what I'm describing for you right now. And that is
a real problem. And this goes back to by the
way the media here, you cannot be afraid of the media.
You have to I think just understand that you've got
to fight extremely hard to go up toe to toe
when the media comes from you. Nick Sandman, for example,
(20:49):
remember the kid that was you know, the drum was
being beaten in his face by that Native American. He
did antagonize, he didn't start it, and he had on
a Maga hat and the media came after him. He
end up suing and winning big time millions of dollars.
That's what it's going to take. It's going to take
people doing that. I mean, look at this young little
hero end with this point on this Look at the
(21:11):
young boy who had the Gadsden flag patch on his backpack,
and what happened. Teachers kick that student out of class
for wearing a Gadsten flag patch on the backpack. It
took him being brave, his family being brave, and the
community rallying behind him for the school board to then
(21:32):
make a decision and vote that he could wear the
gats and flag on his backpack. They're going to bully
you until you fight back. And that's not bullying, right,
that's just defending yourself. It's not bullying at all. That's
just straight up saying I'm going to defend myself. And
that's the point that everybody needs to understand. There's a
(21:52):
simple question that a lot of people are asked when
there's an election. Are you better off now than you
were four years ago or two years ago if it's
a congressional race, or six years ago if it is
a Senate race, and then there's a compare and contrast
that happens after that. Well, we're getting close to the
presidential election race when it comes to that question, and
(22:16):
that question can only be asked of the person who's
actually in office. In this case, that would be Joe Biden.
Joe Biden came out this last week and wanted to
take a victory lap saying that his Bidenomics is working.
The question is is it for the American people. There
are a lot of Americans right now that are struggling inflation, hyperinflation,
(22:39):
just to name two of the issues. Interest rates now
are at a new all time high that we have
seen over the last year at about seven percent on
a thirty year That's changing obviously on a regular basis,
but it certainly isn't headed in the right direction. That
is a really big problem. The President, however, wants to
(23:03):
you to believe that everything is actually fine, that there
are no issues, and that Bidenomics are working well and
you should be thrilled at how well they are actually working. Now,
there was some truth on Meet the Depressed on Sunday Morning.
I'm sorry, Meet the Press on Sunday Morning, with the
(23:24):
anchor Chuck Todd saying this about where Americans are when
it comes to Bidenomics.
Speaker 4 (23:30):
The American public is not feeling it. Just thirty four
percent of Americans approved of Biden's handling of the economy
in a recent AP poll that was released at the
end of June, and only twenty percent of voters believe
the nation is on the right track. Though voters have
not felt good about the direction of the country for
over a decade, and Biden is trying to persuade voters
that the economy is better than they think it.
Speaker 2 (23:51):
Is better than they think it is.
Speaker 1 (23:54):
Let me just read for you the words coming from
NBC the American public is not feeling it. Just thirty
four percent of Americans approve of Biden's handling of the
economy in a recent AP poll.
Speaker 2 (24:05):
Thirty four percent.
Speaker 1 (24:06):
That means the real number if he wasn't trying to
somehow make this look not as bad for the president.
If he was honest, he would have said sixty four
percent of Americans disapprove of the president's handling of the economy. Instead,
they give you the thirty four number, hoping that you
can't do math. The AP poll was released at the
(24:27):
end of June, and only twenty percent of voters believe
the nation is going in the right direction. Now again,
if you wanted to be honest about these polls, what
they would have said is this, eighty percent of Americans
believe that the country is headed in the wrong direction
under the leadership of Joe Biden. Yet, going into this
(24:47):
presidential election, there seems to be a significant number of
people who say they're going to vote for Joe Biden.
In other words, it's not that bad or it's not
bad enough that I'm willing to vote for a different party,
which goes back to the issue of tribalism. I get
(25:08):
asked this on a regular basis. Okay, I want to
be very clear. It is a constant question that people
keep asking me. The question is this, are we headed
in the right direction? And do I believe that Joe
Biden can be beat? Okay, full disclosure for you, I
(25:29):
do not believe at this point that Joe Biden can
be beat. Let me explain why I say that, because
at the end of the day, Democrats will vote for anyone.
And if you don't believe me, look no further than Fetterman.
Look no further than the vote with Fetterman. Look at
how many people knew he was clearly incapacitated and they
(25:51):
just didn't care. Let me also remind you that in
Pennsylvania there was an actual deceased human being on the
ballot and they voted for that person. Anyway, it is
clearly a major problem and Democrats, yes, they may think
that we're heading the wrong direction, but are they willing
(26:12):
to break with a tribal Democratic party that is obsessed
with one thing and one thing only, and that is
winning at all costs. You also have to think about
the scandals that are around the President of the United
States of America. You would think with these scandals around him,
that his approval rating would be in an all time low.
Speaker 2 (26:34):
It's actually not.
Speaker 1 (26:35):
You would think with eighty percent of Americans saying they
believe that the country is headed in the wrong direction
as they described it again, you would think keyword, You
would think that then that means he would have an
all time low approval rating. Yet that is also not
(26:56):
the case. It is a massive problem tribalism in this
country right now. It's not a little problem. It is
a massive problem. It is a problem that is so
significant that I'm not sure that Democrats would not vote
for anyone if that person is their nominee. They don't
(27:20):
need them to be coherent. And there's clearly proof amount
in fetterment. They don't care if they're incapacitated. Clearly there's
proof of that same statement. In fetterment, they don't care
about any of it. The only thing they care about
is winning an election. Now you also have to think
about just how dumb this actually is, how insane this
(27:44):
idea is, This idea that we are now living in
a time in a country where you can have eighty
percent of Americans believe they're heading in the wrong direction.
You can have a president that is filled with massive
amounts of scandals. His presidency is consumed by scandals. There's
cocaine at the White House. There's topless people that are
at the Fourth of July party at the White House.
(28:05):
Transgender dudes with fake breasts at the White House taking
off their shirts. You have a president whose son looked
like he was Hi the kite at the White House
on the fourth of July. You have millions of dollars
coming into bank accounts that are directly tied to the
Biden crime family.
Speaker 2 (28:25):
We know who the big guy is and we know that.
Speaker 1 (28:27):
There were payments coming in to at least nine, if
not a dozen, different family members. Please take everything I
just told you, Share it with your family and friends,
take our podcast, share it wherever you can on social media,
because I promise you what I just told you is
(28:48):
not and will not be covered by the mainstream media.
Speaker 2 (28:51):
They are not going to do it.