AND THEY DON’T KNOW HOW TO ESCAPE THEM.
ESCAPE THEM.
BACK TO YOU JACKIE.
JACKIE: LYDIA HU, FOR JOINING ME
NOW BRANDON ARNOLD TAXPAYERS
UNION EXECUTIVE VICE PRESIDENT
AND MONICA GREEN REACH GLOBAL
STRATEGY FOUNDING PARTNER AND
FORMER PRESIDENT GEORGE W. BUSH
SPEECHWRITER.
BRANDON I’M GOING TO START WITH
YOU AND START WITH THESE PRICES. LYDIA TALKED ABOUT THE FOOD
LYDIA TALKED ABOUT THE FOOD
PRICES, SOME OF THEM I EXEMPT
33%, BUT ARE UP 26%, MUCH HIGHER
THAN THE AVERAGE MEAT PRICES ARE
UP AS WELL GASOLINE UP 69.9%,
UTILITIES UP 38% AIRLINE TICKETS
UP 43%, PUBLIC TRANSPORTATION
23.7% AND RENT ACROSS THE
COUNTRY ARE UP MORE THAN 30%
THIS IS A TOUGH TIME FOR
AMERICANS RIGHT NOW IN THIS
PRESIDENT SAYS THE NUMBERS ARE
UNACCEPTABLE BUT THEIR BACKWARD
LOOKING.
SHOULD WE ACCEPT AS AN
EXPLANATION.
>> ABSOLUTELY NOT THIS IS WHERE
THE BLAME GAME THAT WE HEARD
TIME AND TIME AGAIN FROM THIS
PRESIDENT.
HE’S LEAVING THE HIGHER PRICES
ON PUTTING THE BIG OIL AND IS
BLAMING THEM ON YOUR LOCAL GAS
STATION AND NOW HE’S BLAMING
THEM ON OUTDATED DATA.
GUESS WHAT THE DATA IS WHAT THE
DATA IS.
EVERYBODY THAT GOES TO THE
GROCERY STORE EVERYBODY THAT
GOES TO THE GAS STATION OR BUYS
VIRTUALLY ANYTHING TODAY KNOWS
THAT THAT DATA IS PRETTY
ACCURATE AND PRETTY TIMELY THEY
ARE FACING HIGHER PRICES WHEN
THEY BUY FOOD, WOULD THEY BUY CLOTHING FOR THEIR KIDS, WHEN
CLOTHING FOR THEIR KIDS, WHEN
THEY BUY FURNITURE, WHEN THEY
BUY NEW CARS, EVERYTHING RIGHT
NOW SEEMS TO BE FACING
DOUBLE-DIGIT PRICE INCREASES,
THE PRESIDENT CAN’T SIMPLY
EXPLAIN HIS WAY OUT OF THIS BY
SAYING THE DATA IS OLD. JACKIE: WHEN IT COMES TO KAREEM
JACKIE: WHEN IT COMES TO KAREEM
JEAN PERKAREEMJEAN YEAR FROM THE
ADMINISTRATION’S POINT OF VIEW
FROM THE RESPECTIVE WHAT’S
HAPPENING AND THEY KEEP TRYING
TO BLAME THE FED AS WELL JEROME
POWELL IS BACK AGAINST THE WALL
TO SOMEBODY WHO USED TO WRITE
SPEECHES AND HELP THE PRESIDENT
COMMUNICATE WITH THE PUBLIC I
KNOW SHE’S IN A TOUGH SPOT IT’S HARD TO EXPLAIN THIS WHAT WOULD
HARD TO EXPLAIN THIS WHAT WOULD
IT BE BETTER JUST TO OWN IT.
>> THEY CAN’T OWN IT BECAUSE
THEY WOULD HAVE TO ADMIT THAT BY
DATA ADMINISTRATION OWN POLICIES
ARE FUELING AND ENERGY HIKES ARE
FUELING FOOD PRICE INCREASES,
IT’S ONLY GOING TO GET WORSE
WITH FOOD PRICES I WAS TALKING
TO A FARMER AND HE WAS TELLING
ME ABIDING EPA ON JUNE 30
RELEASED A DECISION TO MAKE IT
HARDER FOR ANY FARMERS TO USE A
CRUCIAL PRODUCT USED ON CORN AND
BECAUSE OF THIS THEY ARE NOT
WHAT YOU BE ABLE TO GROW CORN.
IMAGINE THAT CORN IS USED IN
FUEL, TO FEED LIGHTS ONTO
LIVESTOCK EVER GET TO SEE A FOOD
FAMINE AND UNDERDEVELOPED
COMPANIES AND POSSIBLY
INSECURITIES AND HIGHER WENT.
JACKIE: I’M SO GLAD YOU BROUGHT
THAT UP SO MANY TIMES PEOPLE
WILL SAY YOU’RE CONSTANTLY
SAYING THIS ADMINISTRATION IS
REGULATING THE FARMERS AND THEIR
OVER REGULATING THE ENERGY
COMPANIES WHAT ARE YOU TALKING
ABOUT LITTLE THINGS LIKE THAT
THAT THEY DO AND THEY PASS THEM
OFF UNDER THE TABLE THAT ARE
ESSENTIALLY HOLDING BACK THE
ABILITY TO PRODUCE MORE SUPPLY
IN THIS COUNTRY AND BRANDON THIS
IS A SUPPLY-SIDE PROBLEM WHEN IT
COMES TO FOOD AND ALSO WHEN IT
COMES TO GASOLINE YET YOU HAVE
THE PRESIDENT IN JERUSALEM NOW
AND WILL BE GOING TO SAUDI
ARABIA SOME RIDICULOUS EXCUSE
THEY SAID HE WAS GOING TO FIST
PUMP AND HE DOESN’T WANT TO
SHAKE AND BS HAND, NO
HANDSHAKES, THAT’S WHAT THEY
STARTED OUT BY SAYING IT’S REALLY RIDICULOUS.
REALLY RIDICULOUS.
>> I THINK THE FOCUS ABSOLUTELY
HAS TO BE ON SUPPLY, WHY NOT
DOMESTIC SUPPLY INSTEAD OF GOING
TO THE SAUDI’S WE CAN PRODUCE
MORE ENERGY IN THE UNITED STATES
AND THAT WILL DRIVE DOWN FOOD
COST AND VIRTUALLY EVERYTHING.
ONE THING THAT BUGS ME SO MUCH
ABOUT THE PRESIDENT GOING OUT
THERE AND BLAMING PUTIN AND
EXTERNAL FACTORS.
WE HAVE A HIGHER INFLATION RATE
IN THIS COUNTRY THAN DOES
CANADA, MEXICO, AUSTRALIA,
JAPAN, GERMANY, FRANCE.
SO MANY OTHER COUNTRIES HAVE
DEALT WITH THIS INFLATION CRISIS
WHICH IS A GLOBAL ISSUE BUT THEY
DEALT WITH THAT MUCH, MUCH
BETTER THAN WE HAVE.
THAT’S WHY WERE DEALING WITH THE
HIGHEST INFLATION RATES IN THE
ENTIRE WORLD.
JACKIE: I ONLY HAVE A MINUTE
LEFT BUT FINAL WORD TO YOU.
>> THEY GOT TO START LISTENING
TO THE PEOPLE THAT THEY ARE
RELYING ON AND NOT BLAMING THEM.
YOU HAVE TO LISTEN TO ENERGY
PRODUCERS, THEY HAVE TO STOP
PLAYING THE SHELL GAME WITH
WHAT’S GOING ON THEY CANNOT THEY
USE THEIR LEASES AND NOT GRANT
THEM DRILLING PERMITS.
YOU HAVE TO LISTEN TO FARMERS