I WANT TO BEGIN WITH THE
POLITICS OF THIS INFLATION
REPORT AND LITERALLY NOBODY ON
THE PLANET BETTER THAN
MR. CHARLIE HURT,
"WASHINGTON TIMES" OPINION
EDITOR AND FOX NEWS CONTRIBUTOR
AND MS. KATIE PAVLICH, EDITOR
TOWNHALL.COM, FOX NEWS
CONTRIBUTOR.
SO I HAVE GIVEN YOU NOR NUMBERS
THAN ANY HUMAN BEING DESERVES.
I APOLOGIZE.
SOMETIMES FACTS MATTER ONCE IN A
WHILE AND I KIND OF, I HAVE HAD
A SINUS INFECTION.
I THOUGHT I WOULD DRIVE IT ALL
CRAZY DELETTER YUM, GIVE ALL THE
FACTS.
KATIE, LET ME BEGIN WITH YOU,
I’M INTERESTED IN THE IMPACT ON
THE ELECTION IN A COUPLE WEEKS
OF THIS INFLATION NUMBER AND THE
INFLATION SITUATION IN GENERAL.
WHAT ARE YOU THINKING?
>> WELL, WE’VE SEEN FOR MONTHS
THAT INFLATION IS THE NUMBER ONE
PRIORITY WHEN IT COMES TO WHAT
VOTERS ARE GOING TO HEAD TO THE
POLLS AND CAST THEIR BALLOT FOR.
YOU HAVE SEEN IN A NUMBER OF
DEBATES DEMOCRATS ARE AT LEAST
WILLING TO HAVE, THE ONE IN OHIO
THIS WEEK BETWEEN TIM RYAN,
DEMOCRAT RUNNING FOR THE U.S.
SENATE SEAT AND JD VANCE HE
TRIES TO CLAIM HE STOOD UP TO
THE PARTY LINE, THE BIG
GOVERNMENT SOCIALIST SPENDING
FROM JOE BIDEN AND NANCY PELOSI
AND YET HE HAS VOTED WITH THEM
100% OF THE TIME WHICH JD VANCE
TOOK THE OPPORTUNITY TO POINT
OUT.
TODAY IS THE ONE-YEAR
ANNIVERSARY OF WHITE HOUSE CHIEF
OF STAFF RON KLAIN SAYING ON
TWITTER THAT INFLATION IS A
HIGH-CLASS PROBLEM DOWNPLAYING
IT FOR THE REST OF THE COUNTRY
WHEN AMERICAN FAMILIES ARE
PAYING 30% MORE FOR THE UTILITY
BILLS AND IT IS NOT EVEN WINTER
YET.
WHEN IT COMES TO ALL THE STATS,
DATA, FACTS YOU LAY OUT SO
ELOQUENTLY LARRY, THOSE ARE SO
IMPORTANT BUT PEOPLE ARE FEELING
THOSE THINGS AT HOME EVERY
SINGLE TIME THEY GO TO FEED
THEIR CHILDREN, EVERY TIME THEY
FILL UP THEIR GAS TANK TO GO TO
WORK.
THE ONLY RESPONSE FROM DEMOCRATS
INCLUDING PRESIDENT JOE BIDEN
TODAY IS THAT REPUBLICANS WILL
SOMEHOW MAKE IT WORSE WHILE THEY
ALSO CONTINUE TO TOUT THAT
REPUBLICANS VOTED AGAINST THE
INFLATION REDUCTION ACT WHICH WE
KNOW WAS REALLY A CELEBRATION OF
INFLATION AND BY ALL ACCOUNTS
WILL MAKE INFLATION WORSE.
THE MESSAGE FROM REPUBLICANS IS
IF YOU VOTE FOR THEM THEY WILL
TRY TO REIN IN THE SPENDING FROM
A ONE-PARTY TOWN IN WASHINGTON.
HOPEFULLY PRICES WILL GO DOWN AS
A RESULT FOR AMERICAN FAMILIES
WHO ARE HURTING AT EVERY SINGLE
LEVEL.
LARRY: LOOK AT, CHARLIE, FIRST
OF ALL KATIE IS RIGHT, IT IS THE
KITCHEN TABLE STUFF THAT MATTER.
PEOPLE KNOW INSTINCTIVELY.
I DID ALL THE NUMBERS TO SHOW
YOU I COULD DO THAT.
I DID THAT MANY YEARS AGO WHEN I
WORKED ON WALL STREET AND THE
GOVERNMENT, SO I THOUGHT I WOULD
HAVE SOME FUN.
BUT, BUT, CHARLIE HURT, THIS
INFLATION DISEASE I THINK IS
MORE VIRULENT IN MORE WAYS IN
TERMS OF LOWER LIVING STANDARDS.
PEOPLE DO KNOW HOW HARD IT IS TO
MAKE HOUSEHOLD BUDGETS, WHAT
KATIE WAS INFERRING.
THEY DO KNOW ELECTRICITY PRICES
ARE UP.
THEY DO KNOW GAS PRICES ARE UP.
I KNOW THEY COME OFF SOME.
STILL A LOT HIGHER THAN THEY
WERE A YEAR OR TWO AGO AND THEY
KNOW FOOD AND GROCERY PRICES ARE
UP.
THEY KNOW THE POCKETBOOK DOESN’T
STRETCH AS FAR AND TO ME THAT
WILL BE LETHAL WHATEVER IT IS
NOVEMBER 8 OR NOVEMBER 9th
BUT IS THERE A COUNTER VIEW
HERE?
WHAT DO DEMOCRATS THINK THEY
WILL HAPPEN?
THEY ARE STANDING UP FOR JOY AT
TODAY’S CPI REPORT?
>> YEAH, WELL UNLIKE JOE BIDEN
AND DEMOCRATS IN WASHINGTON
REGULAR FAMILIES, THEY CAN’T
EVEN PRETEND TO HIDE FROM THESE
INCREASES IN INFLATION AND GAS
PRICES.
THEY CAN’T, OF COURSE OBVIOUSLY
THEY ALSO CAN’T PRINT MONEY THE
WAY JOE BIDEN AND DEMOCRATS IN
CONGRESS ARE PERFECTLY HAPPY TO
DO WHICH MAKES THE PROBLEM EVEN
WORSE.
EVERY SINGLE ONE OF THESE
PROBLEMS THAT YOU OUTLINED CAN
BE TRACED DIRECTLY TO THE
POLICIES OF JOE BIDEN AND
DEMOCRATS IN CONGRESS OVER JUST
TWO YEARS.
AND IT IS SO OBVIOUS.
THE ONLY THING WORSE THAN THESE
PEOPLE ABSOLUTELY WRECKING THE
ECONOMY, USHERING HIGHER
INFLATION THAT WE’VE SEEN IN 40
YEARS IN A LOT OF PEOPLE AS
PEOPLE’S LIVES IS TO DO THAT,
AND TO PRETEND YOU DIDN’T DO
THAT, PRETEND EVERYTHING IS
GREAT AND SO WHEN JOE BIDEN
COMES OUT TODAY INFLATION IS AT
2% OR SOMETHING LIKE THAT WHEN
IT IS AT 8.2%, THAT CAVALIER
DISMISSAL OF THOSE PEOPLE, AS
YOU POINT OUT, KATIE, WHO HAVE
TO FILL UP THEIR GAS TANK OR PAY
THE GROSSLY BILL THIS WEEKEND,
THEY CANNOT BELIEVE WHAT THEY
HAVE TO PAY TO FEED THEIR
FAMILIES, THEY CAN’T HIDE FROM
THAT AND DEMOCRATS CAN’T HIDE
FROM THAT.
THAT IS WHY WHAT YOU’RE SEEING
TODAY IF YOU LOOK ON OTHER
CHANNELS ON CABLE TELEVISION,
THEY’RE TALKING ABOUT WHAT?
JANUARY 6th.
THAT IS HOW DESPERATE THEY ARE.
LARRY: THAT IS GOOD --
>> THEY’RE DYING TO TALK ABOUT
THAT STUFF BECAUSE THEY CAN’T
TALK ABOUT THE ECONOMY.
IT’S KILLING THEM!
LARRY: ONE THING, IN MY, IN MY
UNDER THE HOOD MIX OF TOO MANY
STATISTICS IT REALLY IS MORE
EXPENSIVE TO OPERATE A CAR.
I MEAN THAT MAY SOUND MUNDANE
BUT, LOOK EVERYBODY OWNS A CAR
AND NEARLY EVERYBODY OWNS A
GASOLINE-FIRED CAR, COMBUSTION
ENGINE CAR.
YOU KNOW, KATIE, YOU LOOK
THROUGH THOSE NUMBERS.
INTEREST RATES TO BUY A CAR ARE
UP.
KNEW CARS PRICED ARE UP.
USE CARS PRICES ARE UP.
MAINTENANCE, REPAIR, INSURANCE
ARE WAY UP.
REALLY EXPENSE SYSTEM.
YOU HAVE A PROBLEM WITH
ELECTRICITY PRICES.
YOU HAVE A PROBLEM WITH YOUR
REFRIGERATOR.
YOU HAVE A PROBLEM WITH YOUR
AUTOMOBILE.
AMERICANS, AMERICANS EAT FOOD,
NEED HEAT, AND DRIVE CARS.
THE INFLATION REPORT SAYS 0-3,
0-3.
GIVE YOU THE LAST WORD.
>> ON THE ISSUE OF THE CARS,
DON’T FORGET THAT IS
INTENTIONAL.
THIS IS AN ADMINISTRATION THAT
HAS BEEN VERY CLEAR THAT THEY
WANT ALL AMERICANS TO DRIVE
ELECTRIC VEHICLES, IF THE THE CO
OF GAS IS TOO HIGH, THEIR
RESPONSE WE’LL GO OUT TO BUY AN
ELECTRIC CAR YOU CAN’T AFFORD.
LET’S NOT TALK ABOUT THE FACT
THAT THE ELECTRICITY YOU WILL
PUT IN THAT CAR WILL ALSO BE
VERY EXPENSIVE AND UNAVAILABLE
LIKE IN CALIFORNIA BECAUSE THE
GRID IS OVERLOADED AS A RESULT
OF THESE GREEN POLICIES.
BUT IF YOU LOOK AT, YOU KNOW,
HOUSING FOR EXAMPLE, THE BIG
QUESTION WHERE DOES THIS END,
BECAUSE INFLATION IS STILL OUT
OF CONTROL.
YOU TALK ABOUT THE FED.
THE FED KEEPS RAISING INTEREST
RATES.
I WAS IN ARIZONA A FEW WEEKS AGO
ON TWO HOUR DRIVE.
IT REMINDED ME OF THE 2008
CRISIS, THERE ARE NEW
DEVELOPMENTS HALFWAY BUILT.
THERE ARE HUNDREDS OF HOMES
PEOPLE CAN NOT AFFORD TO BUY.
THERE IS A LOOMING ISSUE WE BACK
IN 2008-2009 THESE DEVELOPERS
STARTED TRYING TO BUILD ALL THE
NEW HOUSES AND NOBODY BOUGHT
THEM.
AND THEY ALL WENT BELLY-UP T WAS
A TERRIBLE, TERRIBLE TIME FOR
PLACES LIKE ARIZONA AND NEVADA.
THAT IS A GREAT TRAIN CRASHING
RIGHT OFF THE TRACKS.
IT IS INTERESTING TO WATCH THE
WHITE HOUSE IN THE POLITICAL
RESPONSE TO THIS, WHERE THEY’RE
TAKING THEIR WINS FOR EXAMPLE.
AGAIN RON KLAIN TODAY ON
ONE-YEAR ANNIVERSARY OF SAYING
INFLATION IS A HIGH-CLASS
PROBLEM WAS TOUTING THE FACT
THAT SOCIAL SECURITY IS NOW
ISSUING THE LARGEST INCREASE IN
THE COST OF LIVING ADJUSTMENT IF
THAT IS A VICTORY EVEN THOUGH
THE LARGEST SINCE 1981 AS A
RESULT OF INCREASED PRICES.
THEY’RE CLEARLY LOSING ON THIS.
THEY’RE INTENTIONALLY MAKING
THINGS MORE EXPENSIVE FOR
AMERICANS, I DON’T THINK THEY
WILL LIKE WHEN THEY GO TO THE
POLLS.
LARRY: BY THE WAY 30-YEAR
MORTGAGE OVER 7%.
ON RON RAIN A KLAIN.
ON THAT LOGIC WE SHOULD HAVE 20%
INFLATION, 40% INFLATION.
GET A HIGHER COST OF LIVING
ADJUSTMENT FOR SOCIAL SECURITY.