ELIZABETH: EDWARD LAWRENCE THANK
YOU SO MUCH.
JOINING US NOW, CONGRESSWOMAN
ASHLEY HINSON FROM HOUSE BUDGET
ALONG WITH FORMER WHITE HOUSE
COUNCIL OF ECONOMIC ADVISORS
ACTING CHAIR, HE IS TOMAS
PHILLIPSON.
FIRST TO YOU, CONGRESSWOMAN.
THANKS FOR BOTH BEING ON THE
SHOW.
THANKS FOR SPENDING TIME WITH
US.
WHAT POLICIES THEY COULD
POSSIBLY PIVOT TO?
WHAT RANGE OF OPTIONS JEN PSAKI
IS TALKING ABOUT THE RANGE EVER
ENERGY PRICES THEY CLAIM.
>> FOCUS ON ENERGY DOMESTIC
PRODUCTION, THIS ADMINISTRATION
FROM DAY ONE PUT UP EVERY SINGLE
ROADBLOCK TO MAKE THAT HAPPEN.
INSTEAD DOUBLING DOWN ON CLIMATE
CHANGE POLICIES THAT THE
AMERICAN PEOPLE DON’T NEED OR
WANT RIGHT NOW.
THE AMERICAN PEOPLE ARE
LITERALLY PAYING THE PRICE FOR
THE AGENDA COMING OUT OF THE
BIDEN ADMINISTRATION, SPEAKER
PELOSI’S OFFICE.
PAYING IT FROM THE GROCERY
STORE.
FILLING IT UP MY GAS TANK.
WHEN I FILLED UP MY MINIVAN, IT
WAS OVER 80 BUCKS.
FAMILY TRYING TO PUT FOOD ON THE
TABLE.
THEY’RE HOPING TO GET A RAISE AT
WORK.
THAT IS NOT COVERING THE COSTS.
THEY’RE PAYING PRICE FOR
FAILURES OF THE ADMINISTRATION.
ELIZABETH: WHAT IT FEELS LIKE,
THOMAS, EVERYBODY IN THERE, HAVE
A PAPER BAG ON THEIR HEAD,
STANDING IN THE MIDDLE OF THE
ROOM JUST TALKING.
BELIEVE WHAT THEY SAY.
WE CREATED 7 MILLION JOBS.
THAT WAS AFTER DEMOCRAT LED
SHUTDOWNS DESTROYED 22 MILLION
JOBS.
THE 7 MILLION COMES FROM THE
ECONOMY OPENING UP.
YOU LOOK AT QUINNEPIAC.
LOOK AT GALLOP POLLS, THOMAS.
WE’RE SEEING AMERICANS ARE
SAYING GET OUT OF YOUR BUBBLE,
WHITE HOUSE.
STOP WITH THE BUBBLE TALK.
CONSUMER PRICES ARE STAGGERING
8 1/2% RISE IN THE PAST 12
MONTHS.
SENATOR CHUCK SCHUMER HE IS
SAYING FIX TO INFLATION IS
RAISING EVERYONE’S TAXES,
REALLY?
>> YEAH.
I THINK, I THINK IT WOULD HAVE
BEEN A LOT BETTER OFF IF THEY
HAD DONE NOTHING, PUT IT THAT
WAY, WHAT TYPICALLY HAPPENS IN A
BUSINESS CYCLE, SUCH AS WE SAW
WITH COVID RECESSION THAT YOU
BOUNCE BACK VERY HARD, OR VERY
QUICKLY WHEN YOU HAVE A REALLY
DEEP RECESSION, OR A SORT OF
DOWNTURN.
SO THAT EVERY COUNTRY IN THE
DEVELOPED COUNTRIES DID THAT.
SO THAT HAS NOTHING TO DO WITH
THE BIDEN ADMINISTRATION.
THE HARD PART NOW COMES WHEN,
WHERE YOU BASICALLY NEEDS TO
STIMULATE GROWTH.
WHAT THE THE BIDEN ADMINISTRATIO
AGENDA SEND OUT A LOT OF MONEY,
BARBIES, ECONOMIC TERMS,
STIMULATING DEMAND, CUTTING BACK
SUPPLY.
WHEN YOU DO BOTH THE THINGS
INCREASE PRICES UNFORTUNATELY.
BOTH THOSE THINGS HAVE SORT OF
AMBIGUOUS EFFECT, WHICH IS WHAT
REAL GDP IS, THAT WE SHOWED
TODAY IS DROPPING.
ELIZABETH: YOU KNOW,
CONGRESSWOMAN, THE POLLS, FOR
THE DEMOCRATS FOR THE PRESIDENT,
THEY’RE SO FAR UNDER WATER, THEY
NEED SCUBA GEAR TO GET OUT.
LOOK AT 76% TELLING GAP LULL,
THE ECONOMY IS GETTING GETTING
WORSE.
INFLATION IS A TOP CONCERN.
NANCY PELOSI, CHUCK SCHUMER
TODAY ARE SAYING WE’LL 6:00 THE
SEC ON OIL AND GAS GUYS.
I FEEL WE’RE BACK TO 2010, OBAMA
THROUGH THUNDERBOLTS AT OIL AND
GAS CLAIMING PROFITEERING.
LISTEN TO THIS.
WATCH.
>> DO YOU THINK THAT THE PUBLIC
IS BLAMING DEMOCRATS OR WILL
CONTINUE TO BLAME DEMOCRATS --
>> I DON’T THINK THE PUBLIC, I
THINK THEY’RE BLAMING OIL
COMPANIES.
>> THEY WON’T TAKE THAT OUT ON
YOUR SIDE MIDTERMS EVEN IF YOU
PASS THIS BILL AND PRICES DON’T
GET BETTER, THE PERCEPTION --
>> I DON’T THINK WHAT YOU SAY IS
MAKING VERY MUCH SENSE.
IF REPUBLICANS STAND IN THE WAY
OF US FREEING, FREEING THE
CONSUMER OF THE STRANGLEHOLD OF
BIG OIL, YOU THINK THEY’RE GOING
TO BLAME THAT ON THE DEMOCRATS.
YOU THINK THAT.
>> WHAT’S THE PUBLIC
STRANGLEHOLD ON OIL?
>> YEAH.
IT IS ABSOLUTE NONSENSE.
I THINK THE AMERICAN PEOPLE ARE
SEEING RIGHT THROUGH THAT.
THAT IS EXACTLY WHY YOU’RE
SEEING POLL NUMBERS WHERE THEY
ARE.
THE AMERICAN PEOPLE REALIZE THAT
THESE POLICIES ARE CAUSING THE
SHRINKING ECONOMY.
THEY’RE CAUSING THE RAMPANT
INFLATION.
IT’S A PREDICTABLE RESULT WHEN
YOU PUT AMERICA LAST.
WHEN YOU PUT UP ALL THE
ROADBLOCKS TO AMERICAN ENERGY
INDEPENDENCE.
AND AMERICAN FREEDOM, RIGHT?
AMERICANS ARE READY TO TAKE
THEIR LIVES BACK.
WE WANT TO HOLD SOMEONE
ACCOUNTABLE.
WE’RE TRYING TO DO THAT EVERY
SINGLE DAY HERE IN WASHINGTON,
D.C., HOLDING THE BIDEN
ADMINISTRATION ACCOUNTABLE.
I WANT TO REMIND OVER ONE
THEY’RE HAVING BREAKFAST,
SITTING DOWN TO EAT BACON AND
EGGS, DRINK THE GLASS OF MILK,
THAT BREAKFAST COST MORE THAN
PRESIDENT BIDEN’S POLICIES.
THAT IS AMERICANS TALK ABOUT
EVERY SINGLE DAY.
PUTTING BAGS OVER THEIR HEAD
BACK ROOM.
THAT IS WHAT AMERICANS FEEL.
ELIZABETH: THOMAS, HERE IS THE
THING, DEMOCRAT-LED SHUTDOWNS,
RIGHT?
THAT DISRUPTED THE SUPPLY CHAIN.
WAR DISRUPTED SUPPLY CHAIN TOO.
WHEN SHUTDOWNS HAPPEN, WHEN WE
HAD PROPS WITH CHINA IN THE
PANDEMIC AND OUR SUPPLY CHAINS
GOT ROCKED, WHEN THEY DID THOSE
SHUTDOWNS, ANSWER WAS THROW MORE
MONEY OUT THE DOOR, AT LEAST 13
STATES NOW INCLUDING CALIFORNIA,
NEW JERSEY, NEW YORK, ILLINOIS,
THEY ARE PLANNING TO USE TENS OF
BILLIONS OF DOLLARS IN TAXPAYER
COVID RELIEF FUNDS TO TEACH
CRITICAL RACE THEORY, THOMAS.
WE REPORTED TWO MONTHS AGO,
HUNDREDS OF MILLIONS OF DOLLARS
IN PORK, A LUXURY HOTEL IN
FLORIDA, MINOR LEAGUE BASEBALL
STADIUM IN NEW YORK.
THIS IDEA THE ONLY POLICY IDEA
ON THEIR SHELF IS TO FLIP IS
SWITCH ON OUR MONEY THAT IS WHAT
IS GOING ON?
>> YEAH, I THINK THE INFLATION
IS CLEARLY POLICY NEWS.
INCLUDING THE ENERGY INFLATION
WHICH IS NOT A PRE-H PRE OR
POST-PUTIN BECAUSE THE PUTIN
INVASION IS POLICY NEWS.
FOREIGN POLICY TAKING PLACE THAT
IS MISGUIDED.
WE HAD INVASIONS DURING OBAMA
AND BIDEN BUT DIDN’T HAVE THEM
UNDER TUM.
COMMON SENSE WOULD TELL YOU
TRUMP DID SOMETHING RIGHT.
INCREASE IN ENERGY COSTS NOW IS
COMPLETELY, EITHER A FOREIGN
POLICY FAILURE OR A FISCAL AND MONETARY POLICY FAILURE.
MONETARY POLICY FAILURE.