WE’LL WATCH EARNINGS FROM
WALMART, TARGET AND DEPOT,
HOME DEPOT.
HOUSE BUDGET AND OVERSIGHT,
FLORIDA CONGRESSMAN BYRON
DONALDS, HOUSE TRANSPORTATION
AND INFRASTRUCTURE CONGRESSMAN
JEFF VAN DREW.
CONGRESSMAN, START WITH YOU.
NOBODY IS PERSUADED THAT COVID
IS CREATING INFLATION.
DEMOCRAT-LED SHUTDOWNS THE
ECONOMY AND POURING MONEY INTO
THE SYSTEM.
YOU KNOW INFLATION HELPED END
THE NIXON, FORD AND CARTER
PRESIDENCIES.
THE WHITE HOUSE IS IN A BIND,
CONGRESSMAN.
THE ONLY CURE FOR RISING
INFLATION TO RAISE INTEREST
RATES WHICH CAN TRIGGER
RECESSIONS.
WHAT DO YOU SAY FOR ALL THAT YOU
HEARD?
>> FIRST TO JEN PSAKI AND
WHITE HOUSE, NOBODY BELIEVES
ANYTHING YOU SAY YOU’VE BEEN
LYING THE ENTIRE TIME YOU’VE
BEEN IN OFFICE AND EVERYTHING
YOU HAVE DONE HAVE BEEN
ABSOLUTELY WRONG.
COVID NUMBERS ARE NOT THE CAUSE
OF INFLATION.
CAUSE OF INFLATION, OVERSPENDING
FROM WASHINGTON, D.C., SHUTDOWNS
OF OUR ECONOMY FOR FAR TOO LONG.
THAT IS THE ISSUE WE HAVE.
WE’VE BEEN PAYING PEOPLE TO STAY
HOME.
PEOPLE HAD MONEY TO GO OUT AND
BUY THINGS.
THERE HAS BEEN NO EXCHANGE OF
ACTUAL MAN-HOURS FOR VALUE AND
FOR SERVICE THAT LEADS TO RISING
PRICES.
IT DOES IT EVERY TIME.
WE’LL HAVE TO RAISE RATES.
WE NEED TO STOP ALL FEDERAL
SPENDING OTHER THAN WHAT WE
TYPICALLY SPEND MONEY ON.
WHAT HE SIGNED TODAY SHOULD HAVE
NEVER PASSED.
SHOULD HAVE KEPT THE MONEY HERE
IN WASHINGTON, D.C., AS OPPOSED
TO LETTING IT GET OUT INTO THE
ECONOMY.
ELIZABETH: CONGRESSMAN VAN SUE
TO CONGRESSMAN DONALD’S POINT,
WE OKAYED 6 TRILLION IN COVID
RELIEF.
1.2 TRILLION IN INFRASTRUCTURE.
THAT BRINGS YOU TO 7.2 TRILLION.
NOW THEY’RE TALKING 4.9 TRILLION
IN SPENDING IF THE PROVISIONS
WERE MADE PERMANENT.
THAT IS FROM THE COMMITTEE FOR A
RESPONSIBLE BUDGET.
YOU KNOW WHAT I MEAN?
WE HAVE UNIVERSITY OF MICHIGAN
CONSUMER SENTIMENT HIT A DECADE
LOW AT 66.8.
WHEN REAGAN BEAT CARTER, THAT
READING WAS 75.
WHAT DO YOU SAY TO ALL OF THAT?
>> WELL LET ME JUST SAY,
JEN PSAKI’S REMARKS IS JUST
SHEER STUPIDITY.
I CAN’T BELIEVE SHEAVE CAN
ACTUALLY LOOK AMERICANS IN THE
FACE AND PRESS CORPORATION --
PRESS CORPS AND SAY SOMETHING SO
RIDICULOUS.
INFLATION IS COMING FROM
SPENDING AND COMING FROM A
SUPPLY CHAIN THIS PRESIDENT HAS
EVEN DIMINISHED MUCH MORE.
INFLATION IS COMING BECAUSE WE
DIDN’T ALLOW THE PIPELINE TO BE
COMPLETED WITH CANADA AND WE ARE
PAYING MORE, MUCH MORE FOR
PETROLEUM PRODUCTS, GAS AND
EVERYTHING ELSE.
INFLATION IS A ABSOLUTE RESPONSE
TO THE POLICIES THAT THIS
PRESIDENT WHO BY THE WAY, LET ME
BE CLEAR, I’M NOT GOING TO BE
SOFT ABOUT THIS, THIS PRESIDENT
SHOULD RESIGN.
HIS VICE PRESIDENT SHOULD
RESIGN.
HE IS THE WORST PRESIDENT IN THE
HISTORY OF THE UNITED STATES OF
AMERICA AND THINK ABOUT IT, SO
MANY PEOPLE THINK THAT IS AN
EXAGGERATION, IT IS NOT.
CARTER WAS A GENIUS COMPARED TO
THIS GUY.
THIS IS UNBELIEVABLE WHAT WE’RE
DOING TO OUR COUNTRY.
ELIZABETH: WE HAVE OBAMA’S
FORMER TREASURY SECRETARY,
CONGRESSMAN DONALDS, HE IS
GOING TO SUBSIDE IN THE SECOND
HALF OF NEXT YEAR.
ELIZABETH: WHAT DO YOU SAY,
CONGRESSMAN?
>> I SAY --
>> THEY DON’T KNOW WHAT THEY’RE
DOING.
THEY DON’T TELL THE TRUTH.
ELIZABETH: THANK YOU,
CONGRESSMAN VAN DREW.
CONGRESSMAN DONALDS.
MY FAULT.
>> I’M SORRY.
>> NO WORRIES AT ALL, VAN DREW.
WE’LL GET THIS THING RIGHT.
>> DO IT TOGETHER.
WE GOT IT.
THIS SIMPLE, LARRY SUMMERS IS
RIGHT.
JOE BIDEN IS WRONG.
HE DOESN’T KNOW THE ECONOMY.
NOBODY IN THAT WHITE HOUSE DOES.
THESE ISSUES ARE GOING TO LAST
WITH THE AMERICAN PEOPLE WELL
INTO NEXT YEAR, EVEN FURTHER
THAN THEY ARE ESTIMATING NOW AND
IT DIDN’T HAVE TO BE THIS WAY.
WE COULD HAVE HAD OUR V-SHAPED
RECOVERY, IF HE STEPPED OUT OF
THE WAY, SIMPLY THE WAY HE RAN
DURING THE CAMPAIGN, STEP OUT OF
THE WAY AND DO NO HARM.
THAT IS ALL HE NEEDED TO DO.
BUT HE TRIED TO CREATE A LEGACY.
WHAT HE CREATED IS A DISASTER
FOR THE AMERICAN PEOPLE.
ELIZABETH: WE’VE GOT, LET’S SHOW
THE WASHINGTON POLL ABC RESULTS
AGAIN.
GOP HOLD LARGEST LEAD IN MIDTERM
ELECTION VOTING IN 40 YEARS.
THAT IS A PREDICTION.
WE HAVE THAT.
WE HAVE BIDEN’S COMPTROLLER
NOMINEE, SAULE OMAROVA A TWEET
RESURFACING THE U.S. SHOULD BE
MORE LIKE CHINA.
SHE WANTS MORE FEDERAL RESERVE
MONEY PRINTING.
SHE TALKED ABOUT YOU WHO THE FED
COULD TAKE BACK MONEY FROM
PEOPLE AND AMERICANS DURING
HYPERINFLATION.
I MEAN THEN SHE SHE WANTS TO
WIPE OUT OIL AND GAS AND ALL OUR
BANK ACCOUNTS SHOULD BE AT THE
FEDERAL RESERVE.
THAT FROM SAULE OMAROVA.
A BIG PUSH TO STOP HER.
AN MSNBC ANCHOR BASICALLY
AMERICANS CANNOT AFFORD TO PAY
HIGH OVER THE PANDEMIC.
WE DIDN’T HAVE ANYWHERE TO GO
OUT AND SPEND.
ELIZABETH: SO THAT MAKES
INFLATION OKAY?
MAYBE IF SHE THINKS WE CAN ALL
AFFORD IT BECAUSE SHE CAN AFFORD
IT.
WHAT DO YOU SAY?
>> THAT IS PART OF IT.
SO UNBELIEVABLY OUT OF TOUCH
WITH AMERICA.
ALMOST MEAN-SPIRITED, IT IS
ARROGANT.
ALMOST REMINDS ME OF THE
JEN PSAKI REMARK SHE SAID
SARCASTICALLY SHE REALLY FELT
BAD FOR THOSE THAT WOULDN’T GET
THEIR CHRISTMAS PRESENTS AND
THEIR TREADMILLS FOR CHRISTMAS.
YOU KNOW WHAT?
PEOPLE SHOULD BE ABLE TO AFFORD
A THANKSGIVING DINNER.
IT IS SHAMEFUL THIS WILL BE THE
MOST EXPENSIVE ONE IN OUR
HISTORY.
PEOPLE SHOULD BE ABLE TO
CELEBRATE CHRISTMAS AND BUY
GIFTS.
I MEAN THESE FEELINGS FOLKS
DON’T CARE ABOUT AVERAGE
AMERICAN PEOPLE, DON’T CARE
ABOUT AMERICA AND NOW WITH THE
BUILD BACK BETTER, I CALL THE
BAD, BAD, BAD BILL, THEY WILL
ACCENT EIGHT IT AND MAKE IT MUCH
WORSE.
WE HAVE TO BE FEARFUL.