THAT HURRICANE IS DOWN THE ROAD
COMING OUR WAY.
WE JUST DO NOT KNOW IF IT IS A
MINOR ONE OR SUPER STORM SANDY.
YOU’VE GOT TO BRACE YOURSELF.
THERE WERE NOW BRACING HERSELF
WITH AN EXCITING DISCUSSION.
FOX NEWS CONTRIBUTOR TRENT
EIGHT.
AND RICHARD FOWLER.
THANK YOU BOTH FOR JOINING US.
TOMI YOU ARE KNOWN FOR
DELIVERING CLEAR MESSAGES.
TELL US WHAT YOU ARE HEARING IN
THE BIDEN LESS MESSAGE ON
INFLATION AND THE ECONOMY?
>> WELL, I’M NOT HEARING A WHOLE
LOT ACCOUNTABILITY.
AGAIN IT’S NICE TO SEE SOMEONE
CLAIM A MISTAKE HERE AND THERE
WITHIN THE ADMINISTRATION BUT IT
WILL GIVE THEM THAT FOR THERE’S
A LOT MORE PEOPLE THAT NEED TO
FESS UP TO WHAT THEY’VE DONE TO
OUR ECONOMY.
I WILL BE HONEST WITH YOU I AM
NO WALL STREET ECONOMIST BUT I
WILL TELL YOU THIS WHEN YOU
SPEND TWO PLUS YEARS
DISCOURAGING PEOPLE FROM GOING
TO WORK IN FACT INCENTIVIZING
THEM NOT TO GO TO WORK TO CLOSE
DOWN THEIR BUSINESS AND THE NEW
PUMP TRILLIONS OF DOLLARS INTO
THE ECONOMY THE OF THE TAXPAYER.
THEN YOU HAVE EXTENDED
UNEMPLOYMENT THEN YOU HAVE
VACCINE BANDITS AND PEOPLE STILL
DON’T WANT TO GO TO WORK.
THEN THE COST OF GOODS GOES UP
BECAUSE IT NO EMPLOYER CAN FIND
ANYBODY THAT WANTS TO WORK
WITHOUT PAYING A HIGH WAGE.
THEN HAVE BIDEN’S AMERICA AND
HERE WE ARE.
JAMES: OKAY RICHARD, BIDEN’S
AMERICA BUT WE DO SELL PRE-GOOD
JOB GROWTH.
THE PRESIDENT SAID THE JOB
GROWTH IS GOING TO SLOW.
HE EXPECTS IT TOO.
BUT TELL US ABOUT THE BIDEN
MESSAGE HERE FOR THANKS OF OUR
JOURNAL RIDDLES WERE A LITTLE
SURPRISED THIS WEEK WHEN THE
PRESIDENT ACKNOWLEDGED THE
INFLATION PROBLEM BUT DID NOT
REALLY CHART OUT A NEW COURSE.
THERE IS NOT A POLICY TERM SOME
PEOPLE MIGHT HAVE EXPECTED.
>> WHAT STARTED WITH THE
PRESIDENT FIRST CAME AT THE
BEGINNING OF HIS TERM AND SAID
INFLATION WAS TRANSITORY THAT
WAS A HUGE MISSTEP BY THE WHITE
HOUSE.
THERE IS NO SUCH THING FOR MY
ECONOMIC STUDIES IS TRANSITORY
YOU’RE EITHER INFLATIONARY OR
NOT IT COULD BE MILD, IT COULD
BE STRONG INFLATION.
BUT YOU ARE INFLATIONARY TO THE
PEOPLE WERE AT THE GROCERY TRIED
BY BACON, TRYING TO BUY EGGS
TRYING TO BUY MILK AND THOSE AT
THE GAS STATION WILL ALL
ACKNOWLEDGE WE ARE CURRENTLY
INFLATIONARY.
WITH THAT BEING SAID TO SAY THIS
IS JUST HAPPENING IN AMERICA
WENT LATE AT THE FEET OF THE
PRESIDENT IS A MYOPIC VIEW LOOK AT A LARGER PROBLEM THIS IS A
AT A LARGER PROBLEM THIS IS A
DEBACLE OF EPIC PROPORTION.
JAMES: OKAY TOMI WHICH GIVE YOU
A SHOT OF THIS THE POLITICS OF
THE BLAME GAME IF YOU WELLS MAY
BE SOME LEGITIMATE.
THE PRESIDENT IS SAYING BLAME
CHINA LOCKDOWN SPREAD BLAME THE
WAR, GLOBAL SUPPLY CHAIN, COVID,
AND HIS OP-ED THIS WEEK OF THE
JOURNAL HE BLAMED FREIGHT
COMPANIES.
HE HAS BLAMED EIGHT COMPANIES.
HE HAS BLAMED ENERGY COMPANIES.
IS THAT POSSIBLE THIS IS A
POLITICAL WINNER EVEN IF WE
MIGHT ARGUE WITH THE ECONOMICS
HERE?
>> HEY CURRENTLY MIDTERMS ARE
COMING UP YOU’VE GOT TO BLAME
SOMEBODY RIGHT?
IF YOU PASS THE BLAME AROUND
TURNUP ENTITIES HE THANKS MAYBE
HE WILL GET OUT OF IT.
I DON’T THINK THAT’S GOING TO
HAPPEN.
RICHARD HAS ACCOUNTED FOR THE
AMERICAN PEOPLE GOING TO THE
GROCERY STORE THE GAS PUMP AND
LOOKING AT BIDEN AND SING THIS
ISSUE BUDDY.
IT’S TIME FOR YOU TO TAKE THE
BLAME FOR THIS.
BUT AGAIN WE TALK ABOUT COVID
AND THE PANDEMIC YES, THOUGH
CERTAINLY DIFFICULT TIME IT’S
MORE THE COVID POLICIES I
BELIEVE IT CRIPPLED OUR ECONOMY.
AS I ALLUDED TO WHEN YOU FIRST
ASKED ME.
WHEN YOU ENCOURAGE PEOPLE NOT TO
GO TO WORK YOU TELL PEOPLE
YOU’RE GOING TO GIVE THEM
EXTENDED ON EMPLOYMENT BENEFITS
ARE GOING TO GIVE THEM A
SEAMLESS CHECK OF THE MILL, ONE,
TWO, THREE TIMES PEOPLE STOPPED
WANTING GO TO WORK.
IN THEM THEY DO HAVE TO GO BACK
TO WORK THEY WANT TO DEMAND
WAGES THAT THESE EMPLOYERS
CANNOT PAY.
NOWHERE IN THE SITUATION THAT
CREATES ALSO PART OF THE SUPPLY
CHAIN CRISIS.
YOUR COST OF GOODS ARE GOING UP.
YOUR COST OF SERVICES ARE GOING
UP.
EVERYTHING IS GOING UP.
AND WE WANT TO TALK ABOUT ENERGY
THIS IS PARTICULAR IMPORTANT TO
ME I HAIL FROM SOUTH DAKOTA WERE
BIDEN AND HIS FIRST HOURS IN
OFFICE SHUT DOWN THE KEYSTONE
PIPELINE FOR NO GOOD REASON.
AND NOW WE ARE SITTING HERE
HAVING TO LOOK TO RUSSIA FOR
ENERGY POLICY AND ENERGY RELIEF?
NO, I DON’T THINK SO.
MADE IN AMERICA LET’S START
THERE.
>> A COUPLE POINTS HERE.
>> REALLY QUICK THAT A GO.
SURE, LISTEN ON THE WORLD WERE
GAS PRICES ARE NOT YES THE
KEYSTONE PIPELINE WOULD’VE
CREATE SOME RELIEF HERE’S WHY WE
DON’T OIL DOES NOT REALLY WORK
AS AN ALTERNATIVE NUMBER ONE IS
THE PRICE OF OIL SHOW IS FAR TOO
HIGH TO PRODUCE WHICH IS WHY THE
KEYSTONE PIPELINE DID NOT GO
INTO ACTION FAST ENOUGH.
>> THAT SOMETHING MARKETS CAN
DECIDE RICHARD BERG.
>> THE MARKETS OF ALREADY