THERE YOU GO.
ALL RIGHT.
HAVE SOME FUN WITH THIS, JOINING
ME NOW THE AFOREMENTIONED NEW
GINGRICH FORMER SPEAKER OF THE
HOUSE AND FORMER AUTHOR OF, THE
LAST BALANCED BUDGET IN AMERICAN
HISTORY.
HE IS ALSO CURRENTLY AUTHOR OF
"DEFEATING BIG GOVERNMENT
SOCIALISM" ON SHELVES IN A
COUPLE MONTHS, JULY 12th.
MR. SPEAKER, NEWT, GREAT TO SEE
YOU.
YOU AND I ARE ON THE SAME PAGE
THAT IS WHY THIS IS SO MUCH FUN.
WE’RE WITH US ON AMERICA FIRST
POLICY.
WE’LL FLESH OUT A BALANCED
BUDGET BUT IN ALL SERIOUSNESS
THIS IS AN ECONOMIC ORGANIZING
PRINCIPLE BUT YOU KNOW WHAT,
NEWT, THINKING ABOUT IT, YOU AND
I WERE TALKING ABOUT IT OVER THE
RADIO THIS WEEKEND, I THINK THIS
IS ORGANIZING PRINCIPLE FOR A
BETTER, SOUNDER CULTURE AS WELL?
>> SURE.
IT STARTS AS A MORAL ISSUE.
IF EVERY AMERICAN FAMILY HAS TO
BALANCE THEIR BUDGET, IF EVERY
SMALL BUSINESS HAS TO BALANCE
ITS BUDGET, THEN WHY SHOULDN’T
THE POLITICIANS BE HELD TO THE
SAME STANDARD?
AS YOU KNOW IF YOU DON’T BALANCE
THE BUDGET YOU’RE BORROWING
AGAINST YOUR CHILDRENS, AND
GRANDCHILDRENS FUTURE SO WHAT
RIGHT DO YOU HAVE TO TAKE AWAY
FROM THEM A BETTER FUTURE?
OF COURSE WE WORKED TOGETHER TO
CREATE THE GREAT ECONOMIC BOOM,
WORKING FOR RONALD REAGAN AND
WITH RONALD REAGAN IN APPLYING
ALL THE PRACTICAL COMMON SENSE
THINGS YOU’RE TALKING ABOUT.
SO NONE OF THIS IS A THEORY.
IT’S BEEN DONE.
WHEN I WAS SPEAKER WE LED TO
FOUR CONSECUTIVE BALANCED
BUDGETS FOR THE ONLY TIME IN OUR
LIFE TIME.
WE DID IT BY APPLYING THE
EXACTLY SAME CORE PRINCIPLES.
GET GROWTH RATE UP.
PEOPLE OFF OF WELFARE INTO JOBS,
PRUNE THE FEDERAL GOVERNMENT
WHICH IS SO BADLY-RUN TODAY THAT
IN CALIFORNIA ALONE THEY LOST AT
LEAST 20 BILLION, NOT MILLION,
$20 BILLION IN UNEMPLOYMENT
COMPENSATION THAT WAS STOLEN.
I MEAN WE’VE GOTTEN SO USED TO
SLOPPY POLITICS AND SLOPPY
GOVERNMENT TAKING OUR MONEY AND
THROWING IT AWAY, AND WE CAN’T
AFFORD IT.
SO YOU’RE EXACTLY RIGHT.
AND I’M AN OPTIMIST LIKE YOU
BECAUSE AGAIN HAVING SERVED AND
WORKED WITH RONALD REAGAN,
HAVING SEEN US COME OUT FROM
JIMMY CARTER’S COMBINATION OF
INFLATION AND UNEMPLOYMENT AND
SEEING WHAT GOOD, SOLID POLICIES
CAN DO I KNOW THAT WHERE WE ARE
ONE ELECTION AWAY FROM TURNING
THIS ALL AROUND AND I BELIEVE
THAT ELECTION IS GOING TO BE
THIS FALL. LARRY: SO IN YOUR AMERICAN
LARRY: SO IN YOUR AMERICAN
MAJORITY PROJECT STUFF A POLL,
67-19, 67%-19, FAVOR LIMITED
FEDERAL SPENDING, WANT A
BALANCED BUDGET AND BELIEVE IT
WILL REDUCE INFLATION.
NOW WHEN YOU GET TO 67%
FAVORABILITY POUR SOMETHING IT
SUGGESTS IT HAS GOT TO BE MORE
THAN JUST REPUBLICANS AND
CONSERVATIVES AND THAT’S ONE OF
THE THINGS THAT I FIND MOST
INTERESTING ABOUT YOUR THINKING
ON THE NEW AMERICAN MAJORITY.
>> YEAH.
PEOPLE CAN GO TO GINGRICH360
THEY WILL SEE, ALSO GO TO
THEAMERICAN MAJORITYPROJECT.COM.
THEY WILL SEE THE PAPERS WE’RE
DOING.
I BELIEVE YOU CAN GET 25, TO 35%
OF THE DEMOCRATS, BETWEEN 60,
70% OF THE INDEPENDENTS AND 90%
OF THE REPUBLICANS, THAT IS AN
AMERICAN MAJORITY.
IT IS NOT A REPUBLICAN MAJORITY.
I THINK THAT IS A VERY IMPORTANT
DISTINCTION.
REAGAN ALWAYS UNDERSTOOD HE HAD
TO APPEAL TO FAR MORE THAN JUST
THE REPUBLICAN PARTY.
WHEN WE DID WITH THE CONTRACT
FOR AMERICA, ON THE AVERAGE VOTE
10 ITEMS IN THE, THE AVERAGE, 63
DEMOCRATS IN THE HOUSE VOTING
YES.
THEY WOULD GO BACK HOME, THEY
HAVE TO BE FOR THAT.
I THINK THE REPUBLICAN
LEADERSHIP, I TALK A LOT WITH
KEVIN McCARTHY ABOUT THIS,
BECAUSE I THINK HE WILL BE THE
NEXT SPEAKER, I THINK A
REPUBLICAN LEADERSHIP TAKES BIG
IDEAS, THAT HAS HUGE SUPPORT
LEVELS, DRIVE THEM HOME WILL
FIND A SURPRISING NUMBER OF
DEMOCRATS AFTER THE ELECTION
THAT SURVIVAL REQUIRES THEM TO
VOTE WITH US.
NOT THAT THEY LOVE IT, NOT THAT
THEY CAN AGREE WITH IT, NOT THAT
THEY CAN GO HOME TO THEIR VOTERS
IF THEY CONSISTENTLY VOTE
AGAINST THEM.
LARRY: I WOULD LOVE TO SEE IT IN
THE DEMOCRATS.
BUT FOR NOW IT WILL BE
REPUBLICANS AND CONSERVES IN THE
NEXT MIDTERM ELECTION.
THE THING, NEWT, YOU HAVE
SPENDING RESTRAINT, LOW TAXES, A
RETURN TO DEREGULATION INCLUDING
OF COURSE, ENERGY INDEPENDENCE.
THIS IS A KEY POINT.
SELLING A BALANCE BUDGET DEPENDS
ON THIS KEY ECONOMIC POINT.
WE GREW FOR 50 YEARS FOR 3 1/2%
A YEAR BETWEEN THE END OF
WORLD WAR II AND 2000.
DURING THAT PERIOD WE HAD VERY,
VERY LOW, QUITE MANAGEABLE
INFLATION.
WE HAD A BAD BOUT OF INFLATION
IN THE ’70s, GOT IT.
IT WAS FORTUNATELY REVERSED IN
THE ’80s AND ’90s.
HIGH GROWTH, LOW INFLATION.
WHAT DO WE HAVE TODAY WITH
INCREASINGLY UNBALANCED BUDGETS
INCREASED DEFICITS.
LOW GROWTH AND HIGH DEFECITS.
BALANCED BUDGET, IT INCLUDES TAX
CUTS, MAKE THE TRUMP TAX CUTS
PERMANENT, INCLUDES A RETURN TO
DEREGULATION, IT INCLUDES
STRICTLY LIMITED SPENDING.
YOU SAY WASTE, FRAUD ABUSE IS A
BIG PART OF THIS.
AND YOUR OTHER POINT I REALLY
LOVE WHICH JOE MANCHIN
EMPHASIZED THAT IS WORKFARE,
WORKFARE, THE DIGNITY OF WORK.
>> SURE.
YOU HAD THE WELFARE REFORM IN
THE MID ’90s WITH CLINTON AND
SO FORTH THAT CAME OUT OF THE
CONTRACT.
LET’S RESTORE WORKFARE.
>> YOU KNOW, BY THE TIME WE GOT
DOWN DEBATING IT WELFARE REFORM
LEADING TO A WORK REQUIREMENT
WAS SO POPULAR THAT WE ACTUALLY
SPLIT THE DEMOCRATS IN THE HOUSE
EVEN.
WE HAD 89 YES AND 89 NO.
LITERALLY HALF THE DEMOCRATIC
PARTY HELPED PASS WELFARE
REFORM.
AS A RESULT BECAUSE PARENTS WENT
TO WORK, THEIR INCOMES WENT UP,
THEIR CHILDREN LEARNED IT WAS
OKAY TO GET UP ON MONDAY TO GO
TO WORK AND THE RESULT WAS THE
LARGEST INCREASE IN CHILDREN
LEAVING POVERTY AND HAVING A
BETTER FUTURE IN AMERICAN
HISTORY.
FOR SOME REASON THE LEFT IS
DEEPLY ANTI-WORK.
I DON’T FRANKLY UNDERSTAND WHY.
I THINK IT IS SORT OF CRAZY
BECAUSE RONALD REAGAN SAID YOU
KNOW, THAT WORK IS THE BEST
SOCIAL PROGRAM AND I AGREE WITH
THAT.
WE NEED TO ENCOURAGE KIDS TO
WORK, OFF THE STREET, AWAY FROM
THE DRUG DEALERS, BACK INTO
HAVING APPRENTICESHIP PROGRAMS,
BACK INTO PROGRAMS WHERE THEY
LEARN HOW TO SHOW UP, HOW TO
SERVE A CUSTOMER, HOW TO GET A
JOB DONE, ALL THESE THINGS ARE
REALLY, REALLY IMPORTANT.
AND THEY’RE ESPECIALLY IMPORTANT
FOR THE POOR BECAUSE THE SOONER
THE POOR LEARN THAT THEY CAN
WORK, THEY CAN TAKE MONEY HOME,
THEY CAN HAVE A BETTER FUTURE,
THE MORE THEY CHANGE THEIR
BEHAVIOR INTO ONE OF TRYING TO
GET TO THAT BETTER FUTURE AND I
THINK IT’S TRAGIC THAT LIBERALS,
PARTICULARLY IN OUR BIGGEST
CITIES HAVE SO CONSISTENTLY
CRIPPLED THE CULTURE OF POOR
PEOPLE AND TRAPPED THEM INTO
SYSTEMS THAT DON’T WORK AND SEND
ALL THE WRONG SIGNALS.
LARRY: ONE LAST THING, QUICKLY,
NEWT, YOU KNOW PART OF THIS
BALANCED BUDGET AS AN ORGANIZING
PRINCIPLE AND AN ACTUAL POLICY,
SO MANY OF THESE LEFT-WING,
WOKE, SOCIAL POLICIES ARE
EMBODIED IN THE BUDGET.
THE BUDGET PAYS FOR ALL THESE
RACIAL JUSTICE, SOCIAL JUSTICE,
YOU KNOW, LITTLE AGENCIES AND
DEPARTMENTS LITTERED THROUGHOUT
THE BUDGET.
THE BUDGET PAYS FOR THIS CRAZY
STUFF IN EDUCATION AND SO FORTH,
SO ON.
THE BUDGET IS FINANCING WOKE
CULTURE AND THAT IS, THAT’S
DOOMSDAY FOR AMERICA AND I THINK
THAT IS ONE OF THE OTHER
FAILURES OF THIS PROGRESSIVE
EXPERIMENT, QUOTE, UNQUOTE.
GIVE YOU THE LAST WORD ON THAT
ONE?
>> SURE.
LOOK I THINK THE FACT IS THERE
ARE PEOPLE OUT THERE WHO WOULD
TEACH US EVERYTHING THAT DOESN’T
WORK.
REAGAN USED TO SAY IT WASN’T
WHAT THEY DIDN’T KNOW THAT
WORRIED HIM IT WAS WHAT THEY
KNEW THAT WASN’T TRUE.
FOR EXAMPLE, IF YOU PUT EGGS IN
THE FREEZER YOU CAN GET HARD
BOILED EGGS.
NO MATTER HOW OFTEN YOU AND I
TELL THEM, NO, YOU GET HARD EGGS
IN A FREEZER, BUT THEY AIN’T
BOILED.
LARRY: THAT IS VERY GOOD.
>> 24 IS TRUE ACROSS EVERY
SINGLE ASPECT OF LIFE.
LARRY: NEWT GINGRICH, BEST OF
THE BEST.
SAVE AMERICA, BALANCE THE