>> John: GOVERNOR, GREAT TO SEE
YOU.
SEE YOU AGAIN SOON.
>> Sandra: THANK VERY MUCH,
GREAT DISCUSSION THERE.
GUY BENSON, HOST OF THE GUY
BENSON SHOW ON RADIO AND DAVID
ASMEN IS JOINING US.
WHAT WE JUST HEARD FROM THE
PRESIDENT, EVEN THOUGH WE KIND
OF NEW KNEW IT WAS COMING, IT’S
JARRING.
ON THE DAY WHERE WE HAVE NOW
OFFICIALLY ENTERED RECESSION,
TWO STRAIGHT QUARTERS OF
ECONOMIC DECLINE, YOU’VE GOT A
PRESIDENT PUSHING FOR TAX HIKES
AND MORE SPENDING, DAVID.
>> PRECISELY THE WRONG THING TO
DO.
EXTRAORDINARY, WHAT HE OUTLINED
THERE, WHAT WE JUST HEARD THE
PRESIDENT OUTLINE, EXACTLY WHAT
YOU DON’T WANT TO DO GOING INTO
A RECESSION, OR IN THE MIDST OF
A RECESSION.
IT’S ACTUALLY VERY INTERESTING
BECAUSE THERE WERE TWO TIMES IT
HAS HAPPENED, THE FED RAISE
INTEREST RATES, AND GOING INTO A
RECESSION.
ONE IN THE 1980S WITH RONALD
REAGAN, AND GOT UT OUT OF
RECESSION WAS LOWERING TAX RATES
AND REGULATIONS, THAT SAVED US
FROM THE RECESSION MEANT TO CURB
INFLATION.
ANOTHER EXAMPLE WHEN OBAMA WAS
PRESIDENT, COMING OUT OF A BAD
RECESSION WE INCREASED TAXES AND
INCREASED REGULATIONS AND WE HAD
THE SLOWEST ECONOMIC RECOVERY IN
THE HISTORY OF AMERICAN ECONOMY.
SO, HE’S SAYING THAT EXACTLY
WHAT GOT US INTO THIS MESS IS
WHAT IS GOING TO GET US OUT OF
THIS MESS, AND JUST MAKES NO
SENSE.
BUT THE BOTTOM LINE, THIS IS
BIDEN’S RECESSION, AND ANY
CHANCE OF HIM A SECOND TERM 0 TO
NIL.
>> THAT’S SHOWING UP IN THE
POLLS, GUYS.
CNN POLL, 2024, WHEN ASKED, WHO
SHOULD DEMOCRATS NOMINATE IN
2024.
BIDEN ONLY 25%, THOSE WHO WANT A
DIFFERENT CANDIDATE, 75%, GUY.
AND YOU’VE GOT THIS PRESIDENT
AFTER THE SPEECH WE JUST HEARD
NOT CHANGING COURSE, EVEN SEEING
POLLS LIKE THAT.
WHY.
>> I DON’T THINK HE’S CAPABLE OF
CHANGING COURSE.
NUMBER ONE, THIS PRESIDENT IS
NOT GOING TO DECLARE HIMSELF
OFFICIALLY A LAME DUCK LESS THAN
HALFWAY THROUGH HIS TERM.
I KNOW SOME PEOPLE ARE CALLING
FOR HIM TO DO THAT, TO SAVE THE
MIDTERMS, I THINK IT’S NOT
LIKELY AND SORT OF CRAZY BUT I
ALSO DON’T BELIEVE HE WILL BE
THE NOMINEE OF HIS PARTY IN
2024.
AS WE JUST HEARD FROM HIM, TAKE
A STEP BACK, WE ARE DIGGING
THROUGH WHAT’S IN THE AGREEMENT
AND THERE ARE I THINK A NUMBER
OF POTENTIAL POISON PILLS FOR
VIRTUALLY EVERY REPUBLICAN ON
CAPITOL HILL EMBEDDED IN THERE.
STEP BACK AND LOOK MORE BROADLY,
WE ARE IN A PERIOD OF HYPER
INFLATION, PEOPLE ARE GETTING
CRUSHED, FAMILIES ARE HURTING,
AND IN THE LAST TWO DAYS THE
SENATE HAS VOTED TO SPEND
HUNDREDS OF BILLIONS IN NEW
MONEY AND AGREED APPARENTLY TO
SPEND HUNDREDS OF BILLIONS MORE
ON TOP OF THAT.
MORE NORTH COMBINED, MORE THAN
HALF A TRILLION OF NEW SPENDING
IN THE MIDDLE OF THIS INFLATION
AND A FEW HOURS AGO OFFICIALLY
IN RECESSION, BASED ON THE
TRADITIONAL DEFINITION WE HAVE
ALL BEEN USING FOR DECADES, AND
HOURS AFTER THAT BECAME FORMAL,
BASED ON THE DATA COMING OUT
TODAY, THE PRESIDENT COMES TO
THE PODIUM, READS SOME WORDS OFF
THE TELEPROMPTER TO TRIUMPHANTLY
ANNOUNCE TAX INCREASES AS WE ARE
EITHER IN THE TEETH OR HEADING
INTO THIS LOOMING RECESSION,
IT’S SO BACKWARDS, AND THEN HE
GIVES A FEW LITTLE TALKING
POINTS ABOUT HOW IT’S NOT REALLY
RECESSION FOR THESE GOOD
REASONS, NO QUESTIONS, GOOD-BYE
AND WALKS OUT.
IT’S BREATHTAKING.
>> BY THE WAY, CAN I JUST -- I’M
GOING TO CREDIT YOU FULLY
BECAUSE YOU JUST TOLD ME ABOUT
THIS.
I DIDN’T REALIZE IN THIS NEW
MANCHIN APPROVED PLAN THERE IS
APPARENTLY A TAX ON COAL?
>> TAX INCREASE ON COAL.
>> HE’S FROM COAL COUNTRY.
HOW CAN HE AGREE TO THAT?
>> Sandra: AS WE SEE POLLS LIKE
THAT, AND SPEECHES LIKE THE ONE
WE JUST SAW AND HEARD FROM THE
PRESIDENT, AND I GO BACK TO IT
IS DOUBLE DIGIT PERCENT THAT THE
LOWER AND MIDDLE CLASS ARE
PAYING FOR THESE POLICY
MISTAKES, THAT THEY ARE PAYING
FOR INFLATION AND IT IS HURTING
THEM THE MOST.
YOU’VE GOT DEMOCRATS NOW TRYING
TO DISTANCE THEMSELVES FROM THIS
PRESIDENT, VERY PUBLICLY.
WE HAD ON THE DEMOCRAT FROM
OHIO, RUNNING FOR SENATE,
CONGRESSMAN TIM RYAN AND IT WAS
A VERY SIMPLE QUESTION, HERE IS
THE EXCHANGE.
>> I’M WORKING ON MY OWN
ELECTION, ALL I’M FOCUSSED ON
RIGHT NOW.
A LITTLE UNDER FOUR MONTHS HERE
IN OHIO AND WE ARE RUNNING A
GREAT CAMPAIGN, UP IN THE POLLS,
AND WORKING REALLY HARD.
SO I’M JUST GOING TO FOCUS ON
THAT AND THEN WE CAN CHAT ABOUT
THAT AFTER I WIN AND GET IN THE
SENATE.
>> WILL YOU SUPPORT PRESIDENT
BIDEN IN 2024 RE-ELECTION BID?
>> NO, THEY ARE NOT GOING TO.
AND I ALSO SAW ON THE INTERVIEW,
YOU HAD A TERRIFIC INTERVIEW, HE
SAID HE WAS NOT FOR HIGHER
TAXES.
THE BILL --
>> Sandra: IT BLEW LARRY KUDLOW
AWAY.
>> THE LAST THING YOU WANT TO DO
GOING INTO RECESSION IS RAISE
TAXES.
THE PRESIDENT TALKS ABOUT
CORPORATIONS NOT PAYING THEIR
TAXES, AS THOUGH THERE ARE ONE
GROUP OF RICH PEOPLE AFFECTED BY
THAT AND THAT’S ALL.
UNFACT, HUNDREDS OF THOUSANDS,
MILLIONS OF PEOPLE THAT HAVE
JOBS WITH THE CORPORATIONS HE’S
GOING TO RAISE TAXES ON.
GUESS WHAT THEY HAVE TO DO TO
CUT EXPENSES?
FIRE PEOPLE.
>> TIM RYAN WITH THE TIE LOOSE
AND BLUE COLLAR GUY, COULD NOT
POSSIBLY COMMENT ON JOE BIDEN,
HE VOTED FOR BUILD BACK BETTER
AND LAST YEAR HE VOTED WITH JOE
BIDEN 100% OF THE TIME IN THE
HOUSE.
SO HE CAN PRETEND OH GOSH, I’M
NOT ATTACHED TO HIM, WHO KNOWS
IF I WOULD SUPPORT HIM.
WHEN IT COUNTS HE HAS SUPPORTED
HIM EVERY SINGLE TIME IN THE
STATE OF OHIO.