AFP - Biden’s list of excuses for inflation

Episode Transcript

(00:00):
Happy Friday, Eve Made Happier.The Return of Americans for Prosperity, Ohio
Chapter. Donovan and eil To talkabout Biden's excuses for inflation. Donovan,
always great having you on the fiftyfive KRC Morning Show. Welcome Brian,
always happy to be with you.Thanks for having me. So he's making
things up as he goes along.Let us see here. History has demonstrated

(00:24):
that when you run the printing pressof your fiat currency unrestrained and unchecked,
the value of the currency drops precipitously, requiring you to have like trillion dollars
Zimbabwean notes to head onto the grocerystore for one loaf of bread, and
that probably wouldn't even cover the nuton a loaf of bread. This is
the direction we're going, whether it'sWeimar Republic or Venezuela or Zimbabwe. We

(00:46):
are printing ourselves into oblivion, arewe not. We absolutely are thirty four
trillion dollars in debt. I was. I've got an old shirt that I
used for doing some on work.That's an old shirt from organization I worked
with in our community back then.That shirt said we want to try to

(01:07):
stop twenty three trillion dollars in debt. Now we're pushing thirty four trillion.
And that shirt Brian is not thatold, it's just a couple of years
old. It's insanity how much wegrew five and a half trillion just in
the last four years with Joe Bidenleading this country. And there's making up
excuses as they go as to whythis isn't as bad or maybe isn't what

(01:30):
folks are telling you, it's notwhat you should believe. Well, and
isn't it kind of comical that theyreally believe that they can, you know,
the five d's dodgeball themselves out ofthis by telling you that, no,
it's not bad out there, thatno, there is an inflation,
there's nothing to see here. Imean, everyone goes to the damn grocery
store and everybody fills their gas tank. And I know those aren't part of
the consumer price Index or whatever orwhatever indicators they look at, but those

(01:53):
are the real numbers that regular peopleface every day. And it is damn
expensive, and it is not goingdown and keeps going up at least those
couple of categories. Real estate,nobody can afford to buy a house anymore,
and I understand the reasons for that, A lot of it behind COVID
and alike, but also the interestrates which have gone up, which is
connected in some way to our fiscalsituation here in the United States. Well,

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yeah, you know, grocery stores, gas stations, utility bills alike.
It's all going up. It's allmore pain. And despite that,
you've got folks from the Biden administration, and they're chief enablers like Senator Shared
Brown and Greg Landsman and others aroundthis country at state going out there and

(02:36):
saying things aren't as bad as youthink. We're actually doing really good.
The economy has never been stronger.I challenge you to go and ask a
friend or neighbor how confident they arein their financial outlook, because I believe
it or not, my neighborhood folksaren't thrilled about the direction of the country
and are feeling that pain from thepump to the grocery store. Yeah,

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I can acknowledge that. You know, if you just look at some of
the statistics, you know, wemay very well be in a good place.
I know, unemployment rates have stayedlow, so that's a positive indicator.
But if you're not making as muchmoney now as you were three years
ago because of inflation. That youhave a job, your situation hasn't improved.
They, in innocence, have inflatedthemselves out of all the raises that

(03:22):
they claim credit for, like thetwenty dollars you know, mandatory minimum wages
they keep imposing on businesses in spiteof the fact that the business will do
everything they can to automate and getrid of the workers generally speaking. So,
I mean, there's ripple effect onthose policies, but everybody's raised and
many people got them over the years. They had great negotiating abilities. You
saw this with unions and strikes becauseof the strong labor market rather the demand

(03:46):
for labor not being satisfied. Theygot their terms and conditions, and are
inflation taking away all the benefits thatthey argued are they negotiated for themselves?
Plus the elephant in the room onthat one, Donovan, is those age
increases help inflation, don't they?Well yeah, yeah, well, and
I would would go even a stepfurther. Right. The problem here is

(04:12):
government creating problems, then trying tosolve those problems, which creates more problems,
and it's created this cyclical effect,right if you mentioned COVID a moment
ago and housing market without a doubt, but a lot of that was driven
by the forced shutdowns by the governmentsacross the country, across the world that
put the economy, global economy,US economy into the situation. It's sent.

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Well, their solution to it moregovernment, which has been perpetuated with
more government. And now the solutionto the problems we're facing today with energy
crisis and you know, wages notmoving up, is mandating increases in minimum
wage, mandating new regulations on energypolicy in this country. A lot of

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cases, I think we just needthe federal government, government general, just
stop, let the markets move,let people be free, and good things
can happen. But no, we'vegot folks in Washington who think they're wiser
than the rest of us, tryingto dictate and drive what they think the
solutions are, when in reality they'rejust more problems. Well, let's pause,
will bring Donovan back, We'll talkabout how it's Russia's fault. We'll

(05:18):
talk about how it's the Republican's faultand it's the business's fault, not government.
Pause. We'll bring back Donald andNeil Americans for Prosperity dot Organs where
you find them online Ohio chapter.Do the pull down there and get the
specifics for the state of Ohio oryour state. They are in all fifty
states seven thirty five Right now morewith Donovan after a word for oder exit
or some words doesn't get rid ofthe stench of politics? Can R see

(05:40):
the talk station coming up in sevenforty I fifty five Krcity talk station.
Brian Thomas talking inflation with Donovan andNeil and the Biden administration. We'd like
you to believe it's the fault oflet's say, the Republicans than and Neil
from Americans for Rosberry. How onhow is this Republican's fault Dotvan. Well,
you know you if you follow thenews, you follow what the president's

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going around the country talking about thesedays. He's been making a lot of
excuses, and our team pulled togethersort of the top three and sort of
going with the David Letterman approach,kind of working backwards. Brian, the
excuse number three, the Republican Partyis making inflation worse. Look, anyone
with the brain knows the Republican Partyonly controls he only has a majority in

(06:25):
one half of one third of thefederal government. It's Congress, and even
that, if you're following what's goingon there these days, that's an incredibly
tedious situation. The reality is,in the last five years, you know
what, I'm sorry, the lastfour years Republicans have had Congress, They've
been passing resolutions, passing bills,sending them over the Democrat controlled Senate to

(06:47):
bring things back under control. HRone, the Lower Energy Costs Act,
would unleash American energy in this country, but it's an absolute non starter with
Chuck Schumer, Shared Brown in theSenate, and Joe Biden has said if
it's got on his desk, heecho it. Republicans have plenty of there
are plenty of concerns with our friendsand the Republican Party, but getting inflation

(07:09):
under control and they're only shing energyabundances in this country is not one of
those things. And it's really justdeflection by the commander in chief on that
one. Well, in the administerto Bide administration is certainly certainly engaged in
an outright war against all things fossilfuels. They they're beholden to the left
wing of their party. They arebelievers in this, this religion of climate

(07:30):
change. Uh, and they're doingeverything they can to sort of ban the
notion of using fossil fuels, whichis just absolutely absurd. I mean,
even if you could take it outof transportation, you know, fossil fuels,
they they're responsible for so many productsand goods that we use. I
mean, I said, if youwent to Kruger and there were no fossil
fuels, what do you think allthese the salad dressings, and the and

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and the bread loaves, what wouldthey be packed in? You know?
I mean, if we're going togo back to glass to what transportation costs
going through the roof, the extrapoundies alone would cause the price of goods
and services to go up just basedon transport costs. Well, paper products,
Brian, you just go chop downa handful of trees and you put
action on paper products. Right rightafter they're done banning caape, they're banning

(08:16):
paper straws. Reason number two inflationis Russia's fault. From Russia with love
right. Yeah, it's like thenineteen sixties, seventies, eighties all over
again. Are all of our problemsare Russia's fault well, they point to

(08:39):
the war in Ukraine and saying,you know that situation destabilizes the global economy,
global trade. The reality is inflationwas at a record seven point five
percent high a month before in Januarytwenty twenty two, a month before Putin
ordered Russian forces into Ukraine. Weknow that that stilling is if any saying

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we'll get to this maybe the nextpoint here, If anything, that situation
has created opportunities for America to bea leader when it comes to exports of
LNG fuels to power Europe, wherethey used to get them from Russia,
but because of the conflict, they'reunable to. We should be in a
position to be a leader and toexperience a strengthening in our economy. But

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instead we're pointing, we're spending moremoney in Washington, and we're pointing and
saying that it's Russia's fault. Really, it's unfortunately a lot of our politicians
here in Washington, DC's fault.True, well, and Russia is to
blame that all you vedi Ukraine hasresulted in US getting our checkbook out to
the tune of billions and billions,hundreds of billions of dollars in aid thanks
for our printing press. So maybethere is a connection there on some level,

(09:48):
or could it be our foreign policy, Well, yes, our foreign
policy. We're spending these billions ofdollars and instead of actually doing what would
be fiscally responsible, right, Ithink we could do those things right,
We can be there, But theproblem is is we're doing it with a
blank check rather than looking at indoing what most normal human beings would do.
Right, is that they need tospend money on an emergency. Over

(10:09):
here, they're making the requisite cutson the other side, or putting that
restraint in. But we just keepspending and spending and spending. That's how
you get to thirty port trillion andgrowing rapidly, just like that. And
excuse number one, which almost themost comical one, which is why I
think it's at number one. It'sit's the fault of business. Business is

(10:30):
the reason that we're experienced inflation.We wouldn't have any inflation if these these
evil profit minded businesses wouldn't keep jackingtheir prices up. It's the most ludicrous
and unfortunately it's when here for yourlisteners in Ohio, on this side of
the river, Shared Brown has beenbeating the drum on for months when they
realized that Bidenomics and their economic policyagenda wasn't just hurting people, but people

(10:54):
were becoming beginning to connect the dotsbetween Bidenomics and inflation. They they try
to shift the blame to this ideaof greekflation and shrink flation, and the
reality is it's just flat out false. Businesses aren't responsible for the high prices.
They're adapting to the inflationary policies andthe regulatory regime of the last several

(11:16):
years thanks to Joe Biden and SharedBrown. They want to Businesses want to
compete, They want to keep theirprices low, their quality high, and
they want good employees. They're putinto an environment, though, under Bidynomics,
where it's just incredibly challenging to beable to accomplish accomplish all of those
things. We need government to getout of the way, the inflationary policies,

(11:39):
to slow down, stop printing somuch darn money, and let the
American economy recover rather than continuing tohave government, big government in Washington tinkering
in its day to day existence.Yeah, and business, you know,
I always have to think about taxeswhen I think about business, and the
administration claims, you know, they'renot paying their fair share. These evil

(12:01):
big businesses, they get all theseloopholes and carve outs, and they're never
paying enough taxes into the system.You know, the fact, just big
elephant in the room of that nonsenseis like everything with business, the reason
we're experiencing inflation is because business isexperiencing inflation too. It's more difficult for
them to pay for transportation costs becausegasoline and energy prices have gone on.

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They're not going to cut into theirprofit margins. They're going to pass along
that extra expense to the consumers oftheir goods or services. And so you
know, if you want to goahead and tax businesses at a fifty percent
rate or a ninety five percent rate, they're just going to pass it along.
It's that is just a pure hardeconomic fact. You know, there

(12:43):
are these taxes that we are thatare very visible that we see right your
income tax, your corporate tax,or you know, a gas tax.
Those are all things that we seethat are very they're right out there.
They're also those hidden taxes right hitin taxes like tariffs. Hidden taxes like
inflation are also caused by government actionand have an impact on the economy,

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have an impact on economic behavior.Inflation is one of the biggest impacts right
now, driving up costs, stagnate, you know, causing problems in wages
and job opportunities. And it allgoes back to this blank check philosophy that
we've had for decades quite frankly inWashington, DC, that is putting our

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country in the situation that we findourselves into day. You know, the
nice thing is is I always liketo think about it. We're only one
election away from changing the direction ofthe country. Right. We have not
to get into election mode here,but all right, folks, pay attention.
We've got that opportunity in an evennumbered year here to sort of look
around, pay attention. We gotto hold those guys and gals accountable.
And nothing holds them more accountable thangetting out and vote for the folks who

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and hold it who are fitted tobigining in some of the insanity going on
in this country today. Well,speaking of politics, I'd be remiss as
we go into an election from wherewe had the same choices again, the
national debt that thirty four and ahalf trillion you're talking about, right,
now, which maybe even thirty fiveby the time our conversation's over, went
up on a huge amount under DonaldTrump as well. I mean, he

(14:13):
was no deficit hawk Donald Trump orthe Republicans in the administration at the time.
That's I mean, it's just everyI mean, I remember Reagan talking
about a trillion dollar debt back inthe eighties. You now, oh my
god, this is crazy. Youlook at this deficit and well, the
debt went up a couple of billiondollars under him or sure, whatever it
was. But I mean, everyonetalks a great game about lowering it and

(14:35):
cutting spending, and it never seemsto be accomplished by members of either side.
Well, yeah, this is aproblem that's been decades in the making,
right, both parties are accountable forthis. But Frank, listeners would
remember the last time I think wehad a balanced budget in this country,
and it was a fleeting moment.You had a Democrat president and a Republican
Congress. We've had all the variouscombinations you can have past twenty thirty years

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since that fleeting moment, and noneof them have been serious about it.
We need to hold these folks accountable. We need to be real about that.
It's not just a Democrat problem,it's not just a progressive problem.
It's becoming increasingly a republic and conservativeproblem under the last two Republican presidents Bush
and Trump. And we need tohold those folks accountable because this stuff's important.

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It's about our future generation, andwe're putting them on mortgage and those
debts they're going to have to payfor. Yeah, we're all like petulant
children who make demands of their parents, and the parents that refuse to say
no and say no, you're notallowed to have that. No, we
have a budget we must follow.No, you aren't allowed the new stuff
and things. We have a difficultsign, you know, time going on

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our hands. Here, look atour credit card bills. The answer has
to be no. There has tobe adults in the room who are willing
to do the hard work and disappointthe electorate by not handing out free stuff
and things or putting the brakes onit otherwise trying to seek reforms. Well,
and I think a lot of politiciansget scared. They're scared their own
shatter and they're scared to do that. But here's what I believe. We're

(16:03):
out there at America's prost free talkingto voters every day, we've got our
finger on the pulse. It's justout there this best Saturday talking to folks
at the doors for our national Dayof Action. I think voters will actually
reward politicians who have a sobering reality, tell them the facts, and act
in that, in that which you'redescribing as a parental way, right reinforcing

(16:26):
we have to be fiscally responsible.If we're going to meet our obligations to
seniors, if we're going to meetour obligation, if we're going to make
sure we have the infrastructure in thiscountry and the national security border security and
to have in this country, wehave to prioritize our spending in a few
ways. And right now we're doingit for everybody and trying to be all
things everywhere. I think I thinkan elected official who goes to Washington and

(16:48):
gives that sobering reality point to likea Thomas Massy even here and then I
think can bring that that will berewarded by the voters. But we need
somebody to stip up and start beinga little more career just in that way.
Amen to that, Americans were Prospertedout Orage, Ohio Chapter. Click
the take action button and get involved. Donovan and Neil, thanks for everything
you guys do throughout the week andwe will talk again real soon. Keep

(17:11):
up the great work. Hey,have a good one, Brian, Thanks
brother. Seventy one five cars ofthe Talk Station. Get in touch with
Colin Electric and when you do,congratulate him. You got