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[MACARENA PLAYING]
>> Jeanine: PRESIDENT BIDEN
HAS BIG PROBLEMS.
THE MAJORITY OF AMERICANS THINK
HIS ADMINISTRATION IS
INCOMPETENT, AND THINGS ARE
ABOUT TO GET WORSE.
INFLATION IS SURGEON LIKE
WILDFIRE ACROSS THE COUNTRY.
MASSIVE RISE IN PRICES IS
COSTING AMERICAN HOUSEHOLDS AN
EXTRA $175 A MONTH.
GAS PRICES ARE THE HIGHEST
IN 7 YEARS.
THE WHITE HOUSE FORCED TO SPIN
THE BAD NEWS ON RISING PRICES AT
THE PUMP.
>> Secretary Psaki: SOME TAKES
UP IN PARTS OF THE COUNTRY, THAT’S SOMETHING WE HAVE BEEN
THAT’S SOMETHING WE HAVE BEEN
WORKING TO FOCUS ON.
THE CLIMATE CRISIS CANNOT WAIT
ANY LONGER.
>> Jeanine: I WILL START WITH
YOU, HAROLD.
GAS PRICES ARE HIGHER THAN THEY
BEEN IN SEVEN YEARS.
THE COST OF INFLATION WILL GET
WORSE IN 2022.
WHY DO THE DEMOCRATS WANT TO
SPEND MORE MONEY?
WON’T THAT CREATE A BIGGER
PROBLEM?
>> Harold: I HAVE A DIFFERENT
VIEW ON THIS.
I THINK THE ECONOMY PRIOR TO
COVID WAS FACING STRAINS.
I THINK THE ECONOMY HAS BEEN
ORGANIZED IN THE LAST 30 YEARS
AROUND EFFICIENCY.
YOU HAVE INVESTORS WHO WANT TO
MAKE SURE YOU DON’T MAKE MORE
THAN WHAT YOU NEEDED --
INCLUDING ENERGY.
THEN YOU HAVE COVID, EVERYTHING
EXPLODES.
THE FED SPENDS MONEY.
I THINK WE HAVE AN ORGAN OF
GOVERNMENT, THE FED, THEY CAN
TRY TO ADDRESS SOME OF THIS.
I THINK WE SHOULD BE FIGURING
OUT WAYS TO SPEND MORE MONEY ON
THE RIGHT THINGS, INCLUDING
IMPROVING SUPPLY CHAINS.
I THINK SUPPLY CHAINS ACROSS THE
WORLD, THOSE ARE CAUSING PRICES
TO GO UP ACROSS THE BOARD.
THERE IS AN ARGUMENT TO BE MADE
THAT WE MAY BE SPENDING MORE
THAN WE SHOULD ON CERTAIN
THINGS, BUT IF WE WANT, 5-10
YEARS FROM NOW TO FACE THESE
KINDS OF ENERGY PRESSURES,
SEMICONDUCTOR CHIP PRESSURES WE
HAVE TO FIGURE OUT HOW TO INVEST
IN WAYS TO MAKE AMERICA LESS
RELIANT ON THOSE OVERSEAS WHO WE
DEPEND ON.
SPEECH OF JESSE, TARGET AND
HOME DEPOT ARE CHARTERING THEIR
OWN SHIPS SO THEY CAN DELIVER
BILLIONS OF DOLLARS OF PRODUCTS
TO GET HERE IN TIME FOR
CHRISTMAS.
IS IT JUST A SUPPLY CHAIN?
WHAT ELSE IS GOING ON?
>> Jesse: IF WE HAD NOT ALL
SHORED EVERY FACTORY IN THIS
COUNTRY TO ASIA, WE WOULD NOT
HAVE A HUGE SUPPLY CHAIN ISSUE.
THERE IS A TRUCKER SHORTAGE.
EVEN IF YOU GET THE SHIP
CONTAINERS ONSHORE, THERE’S NO
ONE THERE TO DRIVE THEM TO ANY
OF THESE STORES.
THAT IS NOT ALL BIDEN’S FAULT.
PART OF IT ALSO, IF YOU ARE
GOING TO SPEND, IF THESE TWO
BILLS GO THROUGH, ABOUT
$12 TRILLION IN ONE FISCAL YEAR,
THAT’S GOING TO MAKE THE U.S.
DOLLAR INTO WHATEVER WHATEVER TH
ZIMBABWE CURRENCY IS.
WE DON’T WANT THAT.
>> Harold: WHAT IS THE
ZIMBABWE CURRENCY?
>> Jesse: I DON’T KNOW, BUT
PROBABLY 1 TRILLIONTH OF A
DOLLAR.
THIS IS NOT ALL HIS FAULT, BUT
BIDEN IS MAKING IT WORSE.
THE BIGGEST MISTAKE HE MADE WAS
IN THE SPRING TO DISMISS
INFLATION.
HE SAID "THIS IS TRANSITORY.
IT’S GOING TO GO AWAY."
HE IS SUPPOSED TO BE A AMTRAK
JOKE, MR. SCRANTON.
HE IS SUPPOSED TO HAVE HIS EAR
TO THE STREETS WITH THE MIDDLE
CLASS.
TO DISMISS IT LIKE THAT AND THEN
MAKE A MOCKERY OF THE HOTDOG
PRICES ON JULY 4TH MAKES HIM
LOOK OUT OF TOUCH, WHILE THE
AVERAGE MIDDLE CLASS FAMILY IS
ONLY MAKING $67,000 A YEAR, NOW
PAYING AN EXTRA $175 IN COST OF
LIVING INFLATION.
>> Jeanine: DANA, THE ENERGY
SECRETARY IS TALKING ABOUT
TAPPING THE RESERVE OF THE OIL.
>> Dana: EVERY ADMINISTRATION
TRIES IT.
IT DOESN’T WORK.
IT’S THERE FOR EMERGENCIES.
WHAT THE PRESS SECRETARY SAID
TODAY -- "WE WANT TO KEEP GAS
PRICES LOW, BUT THE SPREAD OF
CLIMATE CHANGE CANNOT WAIT ANY
LONGER.
THERE WILL BE TENS OF MILLIONS
IF NOT HUNDREDS OF MILLIONS OF
DOLLARS IN ADS THAT USE THAT
EXACT QUOTE IN THE NEXT YEAR TO
DEAL WITH GOING INTO THE
MIDTERMS.
THE OTHER THING, THE INDELIBLE
IMAGES OF AFGHANISTAN AND WHAT
HAPPENS IN THAT DEBACLE AS WE
LEFT AMERICANS BEHIND AND PEOPLE
WHO HELPED US BEHIND, AND THE
CHAOS, THE WAY IT WAS HANDLED.
ALL OF THOSE IMAGES HAVE HAD A
LASTING IMPRESSION.
IT’S SEEPING INTO ALL THE OTHER
NUMBERS.
IF YOU PEEK UNDER THE HOOD OF
THESE NUMBERS ON THE MILITARY,
TERRIBLE.
AS COMMANDER-IN-CHIEF, HIS
COMPETENCY, AND NOW YOU HAVE THE
OTHER HOLE IN GALLUP SAYING
REPUBLICANS WOULD BE BETTER ON
NATIONAL SECURITY.
IT’S ONLY OCTOBER.
>> Jeanine: NATIONAL SECURITY,
GREG, AS WELL AS THE ECONOMY.
>> Greg: 100 TRILLION ZIMBABWE
DOLLARS, THAT’S ONLY $0.40.
[LAUGHTER]
>> Jesse: NO WAY!
NO WAY.
>> Greg: THE CENTRAL BANK
INTRODUCING $50 NOTES AS THE
MAIN CURRENCY IN 2019, AND THEN
YOU HAD HYPERINFLATION UP TO
800%.
THERE YOU GO.
>> Jesse: HE IS KILLING THE
DOLLAR.
AT >> Greg: HE IS DESTROYING
ZIMBABWE’S WHAT HE’S DOING.
[LAUGHTER]
TO YOUR POINT, IT GOES BACK TO
THE SELFISH REASONS SO MANY
PEOPLE VOTED FOR BIDEN.
THEY DIDN’T CARE THAT A
PRESIDENT TRUMP IMPROVED IN
THESE CONCRETE VARIABLES, LOW
INFLATION, FOREIGN POLICY, AND
THE VACCINES.
BECAUSE LATE-NIGHT TRUMPET GAVE
YOU EARLY-MORNING ANXIETY
THROUGH TWEETS, HE HAD TO GO.
WHAT WE ARE BURYING, THE
CONSEQUENCES OF AN EMOTIONAL
DECISION MADE BY A LOT OF
PEOPLE.
IF YOU LOOK AT THE VARIABLES OF
COVID, THE ECONOMY, FOREIGN
POLICY, THE BORDER, TRUMP BLOWS
BY THE WAY, WHICH IS WHY WHEN
YOU LOOK AT THE MEDIA, IT IS
GOING TO BE FROM HERE ON IN,
JANUARY 6TH, JANUARY 6TH. SCOTT ADAMS POINTED THIS OUT.
SCOTT ADAMS POINTED THIS OUT.
THEY CANNOT COMPARE THE FOUR
YEARS OF TRUMP TO BIDEN.
THEY ARE USING SOMETHING THAT
HAPPENED ONE DAY.
ALL THE VARIABLES CANNOT BE
THERE.
>> Dana: IN THE FACEBOOK --