HILLARY VAUGHN, THANK YOU SO
MUCH FOR GETTING US UP TO SPEED.
>>> JOINING HE NOW, REPUBLICAN
OKLAHOMA CONGRESSMAN AND HOUSE
WAYS AND MEANS COMMITTEE MEMBER
KEVIN HEARN.
GREAT TO HAVE YOU WITH US, SIR.
WE’RE IN AN ENVIRONMENT RIGHT
NOW WHERE PEOPLE ARE REALLY
SUFFERING, AND THIS WHITE HOUSE
SEEMS TONE DEAF WHEN IT COMES TO
WHAT PEOPLE ARE FEELING ACROSS
COUNTRY.
PRESIDENT BIDEN DENYING THE
RECENT POLLING THAT’S GOING ON
OUT THERE, AND THEY WANT TO
SPEND MORE TO TRY TO CURE
INFLATION THAT THEY ESSENTIALLY
CREATED.
YOU CAN CALL IT SPENDING, YOU
CAN CALL IT INVESTMENT, YOU
COULD SEE IT NEEDS A BRAND
REFRESH.
AT THE END OF THE DAY, IT’S ONLY
GOING TO MAKE THINGS WORSE.
DO YOU AGREE?
>> I DO.
IN FACT, WHAT’S REALLY SAD ABOUT
IT IS EVERYONE IS TALKING ABOUT
INFLATION EXCEPT FOR THE VERY
PEOPLE WHO ARE CREATING THE
INFLATION WITH THEIR TERRIBLE
POLICIES THAT THEY’RE PUSHING,
AND THAT’S THE WHITE HOUSE AND
THE DEMOCRATS THAT ARE IN THE
U.S. CAPITOL.
IT’S REALLY PRETTY SAD.
WHEN YOU LOOK AT -- THESE ARE
EASY SOLUTIONS.
THAT’S WHAT’S SO FRUSTRATING FOR
THE AMERICAN PEOPLE.
WE JUST NEED TO CUT REGULATIONS,
CUT TAXES AND INCREASE OUR
ENERGY PRODUCTION IN THE UNITED
STATES.
INSTEAD WE HAVE PRESIDENT BIDEN
GETTING IN AIR FORCE ONE AND
FLYING TO SAUDI ARABIA TALKING
TO THE IRANIANS, TALKING TO THE
VENEZUELANS INSTEAD OF TALKING
TO OUR OWN PRODUCERS.
SO WHAT DOES HE DO?
HE BLAMES EVERYBODY BUT HIMSELF.
MOST RECENTLY HE’S BLAMED THE
GAS STATION OWNERS IN AMERICA
SAYING THEY’RE PRICE GOUGING THE
AMERICAN PEOPLE, AND WE KNOW ALL
OF THIS IS NONSENSE.
THE REALITY IS AS JUST YOU SAID,
HE’S NOT LOOKING IN THE MIRROR
TO KNOW THAT HIS POLICIES ARE
THE ONES CREATING PROBLEMS.
JACKIE: WITH RESPECT TO WHAT
JARED BERNSTEIN SAID, THE
INVESTMENT, FOR EXAMPLE, IN
INFRASTRUCTURE HERE TO MAKE OUR
OWN SEMICONDUCTOR CHIPS, WE’VE
HAD A SUPPLY CHAIN SHORTAGE, WE
RELY ON THEM COMING FROM CHINA
AND THAT HAS BEEN A HUGE ISSUE,
PART OF THE PROBLEM THAT WE’VE
SEEN IN GENERAL WITH THIS
ADMINISTRATION IS HAY COME INTO
OFFICE, THEY REVERSE EVERYTHING
DONALD TRUMP AND THE PREVIOUS
ADMINISTRATION DID WITH RESPECT
TO ENERGY, WITH RESPECT TO TO
FOREIGN POLICY AND CHINA
SPECIFICALLY, AND SO IT BRINGS
ME BACK TO POINT THAT I ALWAYS
MAKE: THEY’RE ALWAYS STANDING ON
THEIR HEELS.
THEY’RE ALWAYS TRYING TO CATCH
UP TO THE PROBLEM.
THEY REVERSE VERSE ALL THE
POLICIES AND THEN REALIZE, OH,
GOSH, THIS ISN’T WORKING OUT,
WE’VE GOT TO FIGURE A WAY OUT OF
IT.
HAD WE STARTED MAKING THOSE
INVESTMENTS SOONER WHEN
PRESIDENT CAME INTO OFFICE, WE
WOULDN’T BE IN THE SITUATION
THAT WE’RE IN.
DO YOU THINK HE’S STARTING TO
GET IT NOW?
>> ACTUALLY, I THOUGHT EARLY ON
HE WAS JUST MAKING REALLY BAD
DECISIONS BASED ON WHAT WE KNEW
HAD HAPPENED UNDER PRESIDENT
TRUMP.
WHAT I BELIEVE TODAY, AND HE HAS
ACTUALLY ACKNOWLEDGED THIS, IS
PART OF THE GRAND TRANSITION
FROM FOSSIL FUELS TO GREEN
ENERGY.
I THINK NOW HIS ADVISERS, HIS
MEMBERS, THIS IS PART OF THEIR
GRAND PLAN TO DESTROY FOSSIL
FUELS WHICH WAS PART OF HIS
CAMPAIGN PROMISES, AND HE’S OUT
DOING THAT.
EVERYTHING THAT WE’RE
EXPERIENCING AT THE GROCERY
STORES, ENERGY FOR OUR HOMES,
YOU KNOW, PENCILS FOR YOUR
CHILDREN, CLOTHES FOR YOUR CHURN
TO TO GO BACK TO SCHOOL --
CHILDREN -- EVERYTHING IS
HIGHER.
I JUST RECENTLY HAD A
CONVERSATION WITH ONE OF THE
LARGEST RETAILERS IN THE NATION,
AND THE REAL INFLATION THAT THE
AMERICAN PEOPLE ARE
EXPERIENCING, THE VERY PEOPLE
THAT THE DEMOCRATS REPORTEDLY
WANT TO HELP IS UP SOME 20.
WHEN YOU LOOK AT THE FUEL --
20%.
WHEN YOU LOOK AT THE FUEL FOR
THEIR HOMES, ENERGY FOR THEIR
HOMES AND FUEL FOR THEIR CARS
AND THEMSELVES, IT’S UP.
AND THAT’S WHY THE AMERICAN
PEOPLE ARE REFLECTING THIS IN
THE POLLS AND SAYING THIS
COUNTRY IS ON THE WRONG TRACK.
JACKIE: AND I’M SURE YOUR
CONSTITUENTS TELL YOU THIS,
EVERYBODY I SPEAK TO BASICALLY
TELLS ME THEY LOOK AT THIS AS A
TAX.
THEY ARE SPENDING MORE MONEY,
MORE THAN $OF ,000, CLOSE TO
$7,000 IT’S COSTING THE AVERAGE
FAMILY NOW THAT WE’RE AT THESE
LEVELS PER YEAR.
AND THEN YOU’VE GOT, YOU KNOW,
THIS BILL, THE TRILLION DOLLAR
RECONCILIATION BILL SAYING, YOU
KNOW, WE WANT TO TAX SMALL
BUSINESS, WE WANT TO TAX
CORPORATIONS, ALL OF THESE
THINGS WOULD PUT US IN A
RECESSION IF WE’RE NOT IN ONE
ALREADY.
WE’RE CERTAINLY HEADED THERE,
SIR, CORRECT?
>> WE ARE.
AND IT’S A PROVEN FACT, WHEN
FEDERAL GOVERNMENT SPENDS MORE
MONEY, THE AMERICAN PEOPLE HAVE
LESS MONEY IN THEIR POCKETS, AND
THAT’S WHAT YOU’RE SEEING RIGHT
NOW, YOU KNOW, THIS INCREDIBLE
SPENDING.
IT STARTED LAST YEAR.
SECRETARY YELLEN AND OTHERS
DENIED THIS WAS GOING TO CAUSE
INFLATION, BUT THE PREVIOUS
ADMINISTRATION, DEMOCRAT
ADMINISTRATION, LAWRENCE SUMMERS
AND OTHERS, SAID IT WAS, SERVICE
GOING TO CAUSE INFLATION, AND IT
HAS.
IT’S GOING TO CONTINUE TO GROW.
I’M OLD ENOUGH TO HAVE SEEN AND
REMEMBER WHAT HAPPENED IN THE
’70s.
IT IS DEVASTATING TO THE
AMERICAN MORALE, AND THAT’S WHAT
WE’RE SEEING IN THE POLLS, AND
WE’RE GOING TO CONTINUE TO SEE
IT AS LONG AS WE CONTINUE TO SEE
THESE KINDS OF POLICIES COME
FORWARD.
JACKIE: AND LARRY SUMMERS HAS
BEEN RIGHT ON THE MONEY SO FAR.
HE’S BEEN HONEST WITH US.