1 00:00:05,559 --> 00:00:07,960 Speaker 1: Well in this episode of news World. This is the 2 00:00:08,039 --> 00:00:11,080 Speaker 1: first in a series of episodes I'll be doing about 3 00:00:11,080 --> 00:00:14,080 Speaker 1: the road to the twenty twenty two midterms in November, 4 00:00:14,560 --> 00:00:17,560 Speaker 1: and then probably a couple after that about the outcome 5 00:00:17,600 --> 00:00:19,600 Speaker 1: and what happened and what it means for next year. 6 00:00:31,840 --> 00:00:34,360 Speaker 1: I've been through lots of elections. I first began looking 7 00:00:34,360 --> 00:00:37,880 Speaker 1: at them about nineteen fifty eight, and of course I 8 00:00:38,120 --> 00:00:42,000 Speaker 1: participated in a number of losing twice for Congress and 9 00:00:42,080 --> 00:00:44,879 Speaker 1: then winning ten times. So I've been looking at these 10 00:00:44,880 --> 00:00:48,479 Speaker 1: things for a long long time. This may be the 11 00:00:48,560 --> 00:00:54,080 Speaker 1: most amazing year of my lifetime, because you have a 12 00:00:54,240 --> 00:00:59,480 Speaker 1: much more mature Republican Party that has grown dramatically from 13 00:00:59,560 --> 00:01:03,560 Speaker 1: the shell that the party was after Franklin Roosevelt was 14 00:01:03,600 --> 00:01:08,400 Speaker 1: done into a really national party, which it was not 15 00:01:08,640 --> 00:01:12,319 Speaker 1: when I was young. And you have a group of 16 00:01:12,360 --> 00:01:17,680 Speaker 1: really incompetent people and Biden, Harris, Schumer, and Pelosi, and 17 00:01:18,000 --> 00:01:22,600 Speaker 1: they are almost certainly going to be totally unacceptable. In fact, 18 00:01:22,920 --> 00:01:25,360 Speaker 1: there's a poll that just came out in which fifty 19 00:01:25,400 --> 00:01:28,479 Speaker 1: two percent of the American people wish that Joe Biden 20 00:01:28,520 --> 00:01:32,200 Speaker 1: would leave because they think his administration is so destructive 21 00:01:32,720 --> 00:01:34,520 Speaker 1: and I think if they knew everything, they were doing 22 00:01:34,600 --> 00:01:38,000 Speaker 1: the number even higher. So let me start, and I 23 00:01:38,040 --> 00:01:39,800 Speaker 1: think this was kind of fun that this came up 24 00:01:39,840 --> 00:01:41,960 Speaker 1: because a good friend of mine, Barrycastle and grewpe me 25 00:01:42,040 --> 00:01:45,400 Speaker 1: and said that the Cook Report was saying that the 26 00:01:45,440 --> 00:01:48,920 Speaker 1: probable Republican upside is not as big as some of 27 00:01:49,000 --> 00:01:51,720 Speaker 1: us say it is in the House. So I went 28 00:01:51,760 --> 00:01:55,520 Speaker 1: back because I was just curious. If you look at 29 00:01:55,720 --> 00:01:59,880 Speaker 1: the Cook Report, and it's probably the most famous analytic 30 00:02:00,200 --> 00:02:04,520 Speaker 1: report about House and center races, and they're pretty competent people, 31 00:02:04,560 --> 00:02:07,480 Speaker 1: but they're Democrats and they have a bias. So if 32 00:02:07,480 --> 00:02:10,000 Speaker 1: you go back and look at what they said in 33 00:02:10,160 --> 00:02:13,360 Speaker 1: two thousand and twenty, it was interesting to me, and 34 00:02:13,400 --> 00:02:15,240 Speaker 1: I'm just going to share this with you for a minute. 35 00:02:15,480 --> 00:02:17,919 Speaker 1: They said there were one hundred and ninety three solid 36 00:02:17,960 --> 00:02:22,040 Speaker 1: Democratic seats and only one hundred and fifty three solid 37 00:02:22,080 --> 00:02:25,600 Speaker 1: Republican seats. Then they said there are lean Democrat seats, 38 00:02:25,600 --> 00:02:29,240 Speaker 1: and so forth they have certain likely and lean and 39 00:02:29,280 --> 00:02:32,120 Speaker 1: then toss up. Well, they said there were thirty six 40 00:02:32,520 --> 00:02:35,600 Speaker 1: likely or lean Democratic seats, which means in their mind, 41 00:02:35,960 --> 00:02:38,440 Speaker 1: the Democrats already we're going to probably get two hundred 42 00:02:38,440 --> 00:02:41,480 Speaker 1: and twenty nine seat majority. There were twenty six seats 43 00:02:41,480 --> 00:02:45,399 Speaker 1: that were up for grabs. There were twenty six seats 44 00:02:45,440 --> 00:02:49,240 Speaker 1: that were in the likely or lean Republican category, and 45 00:02:49,360 --> 00:02:51,840 Speaker 1: one hundred and fifty three that were solid. So they 46 00:02:51,840 --> 00:02:54,640 Speaker 1: were saying that in the worst case, you could have 47 00:02:54,639 --> 00:02:58,880 Speaker 1: one hundred and seventy nine Republican seats. Well, instead of 48 00:02:59,240 --> 00:03:03,480 Speaker 1: that pickup going to the Democrats, in fact, the Republicans 49 00:03:03,480 --> 00:03:07,880 Speaker 1: gained fifteen seats. Now that means that the Cook report 50 00:03:08,000 --> 00:03:12,400 Speaker 1: was off substantially in what it thought would happen. The 51 00:03:12,440 --> 00:03:14,200 Speaker 1: reason I mentioned that is because they do have a 52 00:03:14,200 --> 00:03:19,720 Speaker 1: bias in favor of the Democrats. And here's their initial 53 00:03:19,760 --> 00:03:23,120 Speaker 1: report for twenty twenty two. I'm going to give you 54 00:03:23,160 --> 00:03:26,600 Speaker 1: comparative numbers. Now, in twenty twenty they said there were 55 00:03:26,600 --> 00:03:30,720 Speaker 1: one hundred and ninety three solid Democratic seats. They now 56 00:03:30,760 --> 00:03:34,560 Speaker 1: say there are one hundred and fifty one solid Democratic seats. 57 00:03:34,600 --> 00:03:37,520 Speaker 1: That is a drop of forty two seats on the 58 00:03:37,560 --> 00:03:41,800 Speaker 1: Democratic side that are solid. They had thirty six that 59 00:03:41,920 --> 00:03:45,640 Speaker 1: were lean or likely. Now they have thirty two that 60 00:03:45,680 --> 00:03:49,200 Speaker 1: are lean or likely. Now that means that they're really 61 00:03:49,240 --> 00:03:52,480 Speaker 1: talking about potentially a Democratic party at one hundred and 62 00:03:52,480 --> 00:03:56,640 Speaker 1: eighty some seats. On the other hand, where they thought 63 00:03:56,960 --> 00:04:00,320 Speaker 1: last time there were one hundred and fifty three solid Republicans, 64 00:04:00,600 --> 00:04:02,760 Speaker 1: they now think they are one hundred and sixty six 65 00:04:03,240 --> 00:04:06,640 Speaker 1: solid Republican seats. And where they thought there were twenty 66 00:04:06,720 --> 00:04:10,640 Speaker 1: six Leean or likely, they now think they're seventeen, which 67 00:04:10,680 --> 00:04:14,400 Speaker 1: means that just taking those they already have the Republicans 68 00:04:14,400 --> 00:04:17,400 Speaker 1: of one hundred and eighty three seats, there are twenty 69 00:04:17,400 --> 00:04:20,360 Speaker 1: three seats that they list as a toss up. Now 70 00:04:20,400 --> 00:04:23,560 Speaker 1: I think that that's actually wrong. I think that it is, 71 00:04:23,600 --> 00:04:27,359 Speaker 1: in fact likely that you are going to see the 72 00:04:27,440 --> 00:04:30,960 Speaker 1: Republicans pick up far more seats than Charlie Cook thinks 73 00:04:31,000 --> 00:04:33,280 Speaker 1: they will. And I'm going to walk you through why 74 00:04:33,360 --> 00:04:37,000 Speaker 1: I think that. I will say also that they currently 75 00:04:37,920 --> 00:04:42,719 Speaker 1: believe that the Senate is likely to be close to 76 00:04:42,760 --> 00:04:46,839 Speaker 1: fifty fifty, which I think is very, very unlikely. I 77 00:04:46,920 --> 00:04:48,680 Speaker 1: think that we're much more likely to pick up the 78 00:04:48,720 --> 00:04:52,440 Speaker 1: Senate than they're suggesting. Now why do I say that, Well, 79 00:04:52,480 --> 00:04:55,000 Speaker 1: first of all, I'll give you my standard rule. I'm 80 00:04:55,040 --> 00:04:58,560 Speaker 1: amused by polls. I'm interested in polls. I study polls constantly, 81 00:04:58,640 --> 00:05:02,640 Speaker 1: I have now for almost sixty years. But what I 82 00:05:02,760 --> 00:05:06,400 Speaker 1: really look for is what happens when people vote, And 83 00:05:06,480 --> 00:05:09,120 Speaker 1: the reason is you're sitting at home, you get a 84 00:05:09,120 --> 00:05:12,080 Speaker 1: call or you get an email, whatever technique the posters using, 85 00:05:12,800 --> 00:05:15,720 Speaker 1: and you give them your opinion. First of all, I 86 00:05:15,760 --> 00:05:19,400 Speaker 1: haven't quite thought about it. Second, that doesn't tell me 87 00:05:19,400 --> 00:05:21,200 Speaker 1: if you're going to get up off your chair and 88 00:05:21,320 --> 00:05:24,680 Speaker 1: go vote. So what I want to know is how 89 00:05:24,720 --> 00:05:28,480 Speaker 1: many people are motivated to vote. And the only way 90 00:05:28,520 --> 00:05:32,160 Speaker 1: in the end you really know that is when they vote. So, 91 00:05:32,240 --> 00:05:36,080 Speaker 1: for example, this week, in Norman, Oklahoma, site of the 92 00:05:36,200 --> 00:05:40,040 Speaker 1: University of Oklahoma, normally one of the few semi blue 93 00:05:40,080 --> 00:05:43,560 Speaker 1: spots in all of Oklahoma. Oklahoma is a very, very 94 00:05:43,600 --> 00:05:48,560 Speaker 1: Republican state, the mayor was defeated. Now, the Democratic mayor 95 00:05:48,600 --> 00:05:54,479 Speaker 1: was defeated. Why because they had mandatory masks and they 96 00:05:54,520 --> 00:06:00,240 Speaker 1: had cut the police force by a million dollars. We're 97 00:06:00,240 --> 00:06:03,479 Speaker 1: seeing as anti police in pro criminal and they got 98 00:06:03,520 --> 00:06:08,240 Speaker 1: wiped out by a Republican. So Norman, Oklahoma, home of 99 00:06:08,279 --> 00:06:12,360 Speaker 1: the University of Oklahoma, now has a Republican mayor. Well, 100 00:06:12,440 --> 00:06:15,000 Speaker 1: let's look north. This is all happening this week, by 101 00:06:15,000 --> 00:06:19,359 Speaker 1: the way, you Loo north and in Kenosha, Wisconsin, for 102 00:06:19,480 --> 00:06:21,839 Speaker 1: the first time that we are aware of in history, 103 00:06:22,560 --> 00:06:27,039 Speaker 1: a Republican won the county executive in Kenosha. And guess 104 00:06:27,120 --> 00:06:31,480 Speaker 1: what the issue was again, It was defunding the police. 105 00:06:32,400 --> 00:06:34,680 Speaker 1: Because people in a lot of these places are sick 106 00:06:34,720 --> 00:06:37,520 Speaker 1: and tired of being scared. They're second tired of George 107 00:06:37,520 --> 00:06:41,440 Speaker 1: Sorrow's funding people who are pro criminal and anti victim, 108 00:06:41,480 --> 00:06:44,920 Speaker 1: and they want somebody to put the victims first. When 109 00:06:44,920 --> 00:06:48,680 Speaker 1: you look around the country in race after race, we're 110 00:06:48,720 --> 00:06:50,680 Speaker 1: beginning to see that there's a second thing going on 111 00:06:50,760 --> 00:06:54,960 Speaker 1: that's fascinating. There's an article that came out today. In fact, 112 00:06:54,520 --> 00:06:58,800 Speaker 1: Romney McDaniel, the Republican National Committee Share just sent me 113 00:06:59,240 --> 00:07:05,680 Speaker 1: the article from Pennsylvania. In Pennsylvania this year, four times 114 00:07:05,720 --> 00:07:11,360 Speaker 1: as many Democrats are switching to Republican as Republicans who 115 00:07:11,360 --> 00:07:14,360 Speaker 1: are switching to Democrat. The Democrats used to have a 116 00:07:14,440 --> 00:07:17,600 Speaker 1: huge lead in registration and Republicans had to get all 117 00:07:17,640 --> 00:07:21,400 Speaker 1: the independence plus the Republicans to offset the Democrats. Well, 118 00:07:21,400 --> 00:07:26,200 Speaker 1: that lead is shrinking even more amazing. A few years 119 00:07:26,200 --> 00:07:30,680 Speaker 1: ago there were eight hundred thousand more Democrats in Florida 120 00:07:30,800 --> 00:07:36,520 Speaker 1: than Republican. This year there are hundred thousand more Republicans 121 00:07:36,920 --> 00:07:40,520 Speaker 1: than Democrats. That's a swing of nine hundred thousand votes 122 00:07:40,800 --> 00:07:44,360 Speaker 1: in one state. So when you start looking around the country, 123 00:07:44,960 --> 00:07:47,800 Speaker 1: you begin to realize not only a Republicans winning special 124 00:07:47,800 --> 00:07:51,800 Speaker 1: elections and local elections in places that are historically Democrats, 125 00:07:52,200 --> 00:07:56,280 Speaker 1: but people are moving with their feet. They're said, hey, 126 00:07:56,360 --> 00:07:58,640 Speaker 1: I don't want to be one of those. Of course, 127 00:07:58,640 --> 00:08:03,880 Speaker 1: they're moving in two ways to New York, New Jersey, Connecticut, Illinois, 128 00:08:03,880 --> 00:08:07,640 Speaker 1: and California. And they're moving to red states. So that 129 00:08:07,680 --> 00:08:11,520 Speaker 1: the Mayor of New York actually was attacking Florida, and 130 00:08:11,640 --> 00:08:13,760 Speaker 1: nobody can quite explain to the Mayor of New York 131 00:08:14,080 --> 00:08:16,240 Speaker 1: that if you take New York taxas and New York 132 00:08:16,240 --> 00:08:19,960 Speaker 1: crime rates, guess what, Florida is just playing better. You're 133 00:08:20,040 --> 00:08:22,000 Speaker 1: less likely to be mugged and more likely to keep 134 00:08:22,040 --> 00:08:25,480 Speaker 1: your money. So that's a pretty good combination. Plus the 135 00:08:25,480 --> 00:08:28,480 Speaker 1: weather is better. But that's happening in Texas. People are 136 00:08:28,520 --> 00:08:32,400 Speaker 1: leaving California to move to Texas and huge numbers, and 137 00:08:32,440 --> 00:08:35,560 Speaker 1: so you're seeing a shift in the weight of the 138 00:08:35,600 --> 00:08:39,800 Speaker 1: country away from the most democratic areas to Republican areas. 139 00:08:40,080 --> 00:08:43,440 Speaker 1: You're seeing a shift inside the states away from the 140 00:08:43,440 --> 00:08:46,880 Speaker 1: Democratic Party towards the Republican Party. Now, these are real things. 141 00:08:46,920 --> 00:08:50,640 Speaker 1: I mean, this is not some poll or some theoretical 142 00:08:50,920 --> 00:08:54,360 Speaker 1: essay and a news magazine. These are numbers on the 143 00:08:54,400 --> 00:08:59,920 Speaker 1: ground that are showing very dramatic changes. Why is this happening, Well, 144 00:09:00,160 --> 00:09:02,840 Speaker 1: I have a very strong bias. I'm a conservative, I've 145 00:09:02,880 --> 00:09:06,320 Speaker 1: been around a good while. My bias is that the 146 00:09:06,400 --> 00:09:10,040 Speaker 1: Democrats have become crazy. Not just that they become radical, 147 00:09:10,160 --> 00:09:13,400 Speaker 1: not just they become liberal, they become crazy. I mean, 148 00:09:13,480 --> 00:09:18,360 Speaker 1: for example, how can you propose, and this is the 149 00:09:18,600 --> 00:09:24,200 Speaker 1: estimate of Biden's Secretary of Homeland Security, that they're going 150 00:09:24,240 --> 00:09:28,200 Speaker 1: to follow up policy which will lead to eighteen thousand 151 00:09:28,280 --> 00:09:33,160 Speaker 1: people illegally coming into the US every day. That means 152 00:09:33,480 --> 00:09:36,720 Speaker 1: you would add the city of Atlanta every month, twelve 153 00:09:36,800 --> 00:09:42,000 Speaker 1: new Atlantas, all of them illegal. Now, the vast majority 154 00:09:42,040 --> 00:09:45,559 Speaker 1: of Americans think that's nuts. In fact, Ballotpedia, which is 155 00:09:45,559 --> 00:09:48,760 Speaker 1: a very interesting website I recommend for people who want 156 00:09:48,720 --> 00:09:53,280 Speaker 1: to attract this stuff. Ballotpedia reported today that sixty six 157 00:09:53,320 --> 00:09:56,880 Speaker 1: percent of the American people believe we should not pay anything. 158 00:09:56,920 --> 00:10:02,000 Speaker 1: There should be no government funding for illegal immigrant Well, 159 00:10:02,040 --> 00:10:04,000 Speaker 1: first of all, it'll be a nice step towards balancing 160 00:10:04,040 --> 00:10:06,240 Speaker 1: the budget. It would also be a nice step towards 161 00:10:06,280 --> 00:10:10,040 Speaker 1: saying to people, don't come to America illegally. It would 162 00:10:10,120 --> 00:10:13,080 Speaker 1: cause chaos. I think suddenly twenty two percent of the 163 00:10:13,080 --> 00:10:15,679 Speaker 1: country think that we should, in fact give money to 164 00:10:15,720 --> 00:10:23,040 Speaker 1: illegal immigrants. Meanwhile, we learned from Jensaki that the Biden administration, 165 00:10:23,040 --> 00:10:27,479 Speaker 1: of his infinite wisdom, is giving smartphones to illegal immigrants. 166 00:10:27,920 --> 00:10:31,000 Speaker 1: Now you're a typical teenager, You've always wanted a smartphone, 167 00:10:31,040 --> 00:10:33,680 Speaker 1: your parents won't give you one. Your government is giving 168 00:10:33,679 --> 00:10:37,520 Speaker 1: a smartphone to people who are illegal. And her reasoning was, 169 00:10:37,520 --> 00:10:40,440 Speaker 1: but we want to keep track of them. And Peter Doocey, 170 00:10:40,480 --> 00:10:44,959 Speaker 1: a Fox, said to her, can't they just throw them away? 171 00:10:45,080 --> 00:10:46,880 Speaker 1: And you know what's going to happen. They're going to 172 00:10:46,960 --> 00:10:50,000 Speaker 1: selve them. The number of drug dealers in America who 173 00:10:50,040 --> 00:10:52,000 Speaker 1: would be glad to meet there next to illegal and 174 00:10:52,040 --> 00:11:12,160 Speaker 1: get a smartphone is amazing. You have a Biden administration which, 175 00:11:12,280 --> 00:11:15,440 Speaker 1: on the price of gasoline is nuts. They're very anti 176 00:11:15,480 --> 00:11:18,640 Speaker 1: American energy. On the price of food is nuts. And 177 00:11:18,720 --> 00:11:21,679 Speaker 1: by the way, food will become a bigger issue by 178 00:11:21,880 --> 00:11:25,760 Speaker 1: August and September than gasoline. The impact of the war 179 00:11:25,800 --> 00:11:30,480 Speaker 1: in Ukraine on cutting off Ukrainian and Russian wheat exports, 180 00:11:30,920 --> 00:11:35,640 Speaker 1: the impact of Russian fertilizer exports being cut off, which 181 00:11:35,679 --> 00:11:39,040 Speaker 1: is going to affect Brazil, It's going to affect Western Australia, 182 00:11:39,280 --> 00:11:43,240 Speaker 1: It's going to affect India and China. I mean, we 183 00:11:43,400 --> 00:11:47,959 Speaker 1: have a food problem. Building that in poor countries is 184 00:11:47,960 --> 00:11:50,920 Speaker 1: going to mean people starve to death and enrich countries. 185 00:11:50,920 --> 00:11:52,760 Speaker 1: It's going to be people pay a lot more money 186 00:11:52,840 --> 00:11:55,080 Speaker 1: for food. Have some of it. In our team here 187 00:11:55,400 --> 00:11:59,160 Speaker 1: who has two kids, he currently will not buy steak 188 00:11:59,640 --> 00:12:02,719 Speaker 1: unless is on special because it has cost too much 189 00:12:02,760 --> 00:12:06,040 Speaker 1: to feed the family. And this is not something he 190 00:12:06,120 --> 00:12:08,840 Speaker 1: thought about a year ago. So what you have as 191 00:12:08,880 --> 00:12:11,960 Speaker 1: a country which is looking around thinking does this work? 192 00:12:12,000 --> 00:12:15,040 Speaker 1: And then of course you have Biden. I was on 193 00:12:15,160 --> 00:12:18,719 Speaker 1: Fox News America's news room and they surprised me by 194 00:12:18,720 --> 00:12:22,880 Speaker 1: sharing a video of Joe Biden standing behind Barack Obama, 195 00:12:22,960 --> 00:12:28,840 Speaker 1: and I mean, it's pathetic. It's like your grandfather kind 196 00:12:28,880 --> 00:12:32,640 Speaker 1: of confused at the Thanksgiving lunch. I'm not sure where 197 00:12:32,640 --> 00:12:35,880 Speaker 1: he's supposed to stand or sit, and wanting to talk 198 00:12:35,920 --> 00:12:39,920 Speaker 1: to somebody. Meanwhile, Obama looks like he's a real president. 199 00:12:40,440 --> 00:12:44,480 Speaker 1: You know, he's younger, he smiles, well, he's very self confident. 200 00:12:44,960 --> 00:12:48,360 Speaker 1: Biden reverts to being the vice president in the shadow 201 00:12:48,480 --> 00:12:51,240 Speaker 1: of the president. And they wanted me to comment on 202 00:12:51,280 --> 00:12:54,440 Speaker 1: this video. I didn't know what to say. I mean, 203 00:12:55,080 --> 00:12:57,920 Speaker 1: you got a president who's a dufus. I mean, this 204 00:12:58,040 --> 00:13:00,840 Speaker 1: is a commander in chief who's sort of whacked out. 205 00:13:00,880 --> 00:13:03,000 Speaker 1: And by the way, I think all of our European 206 00:13:03,080 --> 00:13:05,920 Speaker 1: and Asian allies know it. I think when they meet 207 00:13:06,000 --> 00:13:08,920 Speaker 1: him they think, oh my god, this is the leader 208 00:13:08,960 --> 00:13:10,600 Speaker 1: of the United States. I mean, I've been told this 209 00:13:10,640 --> 00:13:13,040 Speaker 1: by a friend of mine who has very very good 210 00:13:13,040 --> 00:13:15,319 Speaker 1: ties in Europe, who just said he keeps talking to 211 00:13:15,360 --> 00:13:18,080 Speaker 1: European government officials to go. None of us are going 212 00:13:18,120 --> 00:13:22,240 Speaker 1: to take Biden seriously. And by the way, Kamala Harris 213 00:13:22,360 --> 00:13:26,559 Speaker 1: is so much worse than Biden that no one should 214 00:13:26,640 --> 00:13:30,040 Speaker 1: hope that Biden leaves. And she stays she may be 215 00:13:30,120 --> 00:13:33,560 Speaker 1: the dumbest person ever elected vice president, and she shows 216 00:13:33,559 --> 00:13:37,040 Speaker 1: it routinely. So you've got at the very core of 217 00:13:37,080 --> 00:13:41,480 Speaker 1: the Democratic Party two non leaders who are each in 218 00:13:41,520 --> 00:13:45,280 Speaker 1: their own unique way pathetic. You have a performance collapse, 219 00:13:45,679 --> 00:13:49,400 Speaker 1: and then you have genuine issue differences. I mean, the 220 00:13:49,400 --> 00:13:52,479 Speaker 1: American people are not all that excited by the transgender 221 00:13:52,520 --> 00:13:55,680 Speaker 1: flag flying in front of Health and Human Services building 222 00:13:55,679 --> 00:13:59,760 Speaker 1: in Washington. You're not all that excited about learning that 223 00:14:00,280 --> 00:14:02,439 Speaker 1: third graders should be taught that they have a right 224 00:14:02,480 --> 00:14:06,080 Speaker 1: to change their sex. They're not all that excited by 225 00:14:06,120 --> 00:14:08,520 Speaker 1: being told that you must be a racist. Even if 226 00:14:08,520 --> 00:14:11,000 Speaker 1: you're not a racist, it's a sign you're really a racist. 227 00:14:11,000 --> 00:14:13,440 Speaker 1: In fact, you're so much a racist you can't admit 228 00:14:13,480 --> 00:14:15,839 Speaker 1: to yourself how much of a racist you are. Well, 229 00:14:16,000 --> 00:14:19,360 Speaker 1: the Irish person who think that's hogwash, and they don't 230 00:14:19,360 --> 00:14:21,960 Speaker 1: want their children being propagandized. They'd like them to learn 231 00:14:21,960 --> 00:14:24,600 Speaker 1: how to read and write and do arithmetic and actually 232 00:14:24,600 --> 00:14:27,680 Speaker 1: have usable skills as opposed to being brainwashed by some 233 00:14:27,800 --> 00:14:31,440 Speaker 1: left wing cuckoo. So all of this is swirling around, 234 00:14:32,480 --> 00:14:36,040 Speaker 1: and what I think it leads to is a Democratic 235 00:14:36,080 --> 00:14:39,640 Speaker 1: party that is basically dazed, not at all sure what's 236 00:14:39,680 --> 00:14:42,560 Speaker 1: going on. Put yourself in issues of a Democratic member. 237 00:14:43,120 --> 00:14:47,680 Speaker 1: You have an aging Speaker of the House who at 238 00:14:47,720 --> 00:14:50,400 Speaker 1: times is a little bit whacked by the way the 239 00:14:50,440 --> 00:14:54,400 Speaker 1: top three House Democrats combined age takes you back to 240 00:14:54,480 --> 00:14:59,040 Speaker 1: seventeen seventy seven. That's how well they collectively are. They 241 00:14:59,080 --> 00:15:02,880 Speaker 1: average about or twenty five years older than the Republican leaders. 242 00:15:02,880 --> 00:15:06,080 Speaker 1: And then Schumer's over there smiling cheerfully as he gets 243 00:15:06,200 --> 00:15:09,480 Speaker 1: very little accomplished, and you try to understand what's going on. 244 00:15:10,080 --> 00:15:13,600 Speaker 1: And for example, on Real Clear Politics, you learn that 245 00:15:13,720 --> 00:15:16,760 Speaker 1: President Biden's approval rating is forty one and a half 246 00:15:16,800 --> 00:15:20,680 Speaker 1: percent positive, fifty three and a half percent disapprove. That's 247 00:15:20,680 --> 00:15:23,840 Speaker 1: an average of his number of polls. Pew Research found 248 00:15:23,840 --> 00:15:26,480 Speaker 1: on the Marsh Swarthy fourth poll, the seventy one percent 249 00:15:26,520 --> 00:15:28,640 Speaker 1: of Republican voters say they're vote for Congress is a 250 00:15:28,720 --> 00:15:33,080 Speaker 1: vote against Biden. Only forty six percent of Democrats say 251 00:15:33,080 --> 00:15:36,560 Speaker 1: they're vote for Congress is for Biden. The economy is 252 00:15:36,600 --> 00:15:40,240 Speaker 1: clearly the top issue, although among Democrats is actually healthcare. 253 00:15:40,280 --> 00:15:45,600 Speaker 1: But remember as inflation goes up, everybody gets affected. I 254 00:15:45,720 --> 00:15:48,080 Speaker 1: filled up close to his car last night and it 255 00:15:48,160 --> 00:15:52,600 Speaker 1: costs ninety dollars. Now used to cost I think about 256 00:15:52,600 --> 00:15:57,120 Speaker 1: fifty five people notice this. You go to the grocery store, 257 00:15:57,160 --> 00:16:01,800 Speaker 1: everything's more expensive. So it's a very very interesting moment. 258 00:16:02,360 --> 00:16:05,880 Speaker 1: Thirty one House Democrats have already announced their retiring which 259 00:16:05,960 --> 00:16:09,040 Speaker 1: is the most since nineteen ninety two, when forty one 260 00:16:09,120 --> 00:16:13,680 Speaker 1: Democrats left, Only fifteen House Republicans are not seeking reelection, 261 00:16:14,160 --> 00:16:16,480 Speaker 1: which by the way, includes four of the ten who 262 00:16:16,640 --> 00:16:21,120 Speaker 1: voted to impeach President Trump. Only six Senators have said 263 00:16:21,120 --> 00:16:24,520 Speaker 1: they aren't running for reelection. Five Republicans have one Democrat, 264 00:16:24,600 --> 00:16:27,280 Speaker 1: which makes the Senate a little bit more complicated and 265 00:16:27,360 --> 00:16:32,920 Speaker 1: a little bit more difficult. The Republican National Committee is 266 00:16:33,000 --> 00:16:37,640 Speaker 1: just doing an astonishing job. They've already raised one hundred 267 00:16:37,640 --> 00:16:39,640 Speaker 1: and eighty eight million dollars so far in the cycle. 268 00:16:39,640 --> 00:16:41,760 Speaker 1: They have about forty five and a half million on hand. 269 00:16:42,320 --> 00:16:47,080 Speaker 1: They are two generations ahead of where we were in 270 00:16:47,120 --> 00:16:51,320 Speaker 1: the nineteen nineties, and I was so impressed by what 271 00:16:51,400 --> 00:16:54,680 Speaker 1: a great job they're doing. At the same time, the 272 00:16:55,000 --> 00:16:59,320 Speaker 1: Republican Congressional Campaign Committee keeps expanding their list. They're now 273 00:16:59,400 --> 00:17:02,960 Speaker 1: up to seven two Democrats at they're targeting. Twelve of 274 00:17:02,960 --> 00:17:05,879 Speaker 1: them are in Trump districts that he carried in twenty 275 00:17:05,920 --> 00:17:09,920 Speaker 1: twenty eleven were carried narrowly by Biden five percent or less. 276 00:17:10,440 --> 00:17:13,080 Speaker 1: Thirty three are in Biden districts where he got ten 277 00:17:13,080 --> 00:17:15,560 Speaker 1: percent of more. Now, why would you do that? Well, 278 00:17:15,600 --> 00:17:19,040 Speaker 1: I call it the ed Door Junior effect ed Door 279 00:17:19,160 --> 00:17:22,400 Speaker 1: Junior was an independent truck driver who wanted to get 280 00:17:22,400 --> 00:17:27,280 Speaker 1: a concealed carry permit. Went to the state office, filed, 281 00:17:27,560 --> 00:17:30,919 Speaker 1: had a perfectly good record, and the bureaucrats wouldn't give 282 00:17:31,000 --> 00:17:34,080 Speaker 1: him a permit. So he got really mad and decided 283 00:17:34,119 --> 00:17:36,600 Speaker 1: he would run against the state Senate president who was 284 00:17:36,640 --> 00:17:39,159 Speaker 1: in his district. Now, the state Senate president was a 285 00:17:39,200 --> 00:17:43,320 Speaker 1: Democrat who had won a seventeen million dollars race four 286 00:17:43,359 --> 00:17:46,680 Speaker 1: years ago, so he was considered very solid. He's actually 287 00:17:46,680 --> 00:17:49,760 Speaker 1: considered the second most powerful Democrat in New Jersey. Ed 288 00:17:49,840 --> 00:17:55,280 Speaker 1: Doer raised two thousand, three hundred dollars against a guy 289 00:17:55,280 --> 00:17:58,159 Speaker 1: who'd been in a seventeen million dollar race. So on 290 00:17:58,240 --> 00:18:00,600 Speaker 1: the surface, you would think Eddor didn't have a chance. 291 00:18:01,680 --> 00:18:04,119 Speaker 1: Oh well, if the race had been are you four 292 00:18:04,200 --> 00:18:07,680 Speaker 1: against Eddor Junior, he'd have lost. But what happened was 293 00:18:08,280 --> 00:18:13,280 Speaker 1: voters walked in, looked at the Senate Democratic president's name 294 00:18:13,720 --> 00:18:17,959 Speaker 1: and said not him. And if you said not him, 295 00:18:18,080 --> 00:18:21,600 Speaker 1: the only other choice was ed Door Junior. So he won. 296 00:18:22,160 --> 00:18:25,320 Speaker 1: Now I've been through this before. What you're building out 297 00:18:25,359 --> 00:18:28,720 Speaker 1: there is a tsunami. Somebody yesterday said to me, oh, 298 00:18:28,800 --> 00:18:33,000 Speaker 1: you should be much more reasonable, don't be predicting large numbers, etc. 299 00:18:33,359 --> 00:18:36,159 Speaker 1: And I said, well, you know, in nineteen ninety four, 300 00:18:37,200 --> 00:18:40,840 Speaker 1: we defeated Danny rust and Kowski, chairman of the Ways 301 00:18:40,880 --> 00:18:46,240 Speaker 1: of Means Committee, in downtown Chicago, with a totally unknown candidate. 302 00:18:46,600 --> 00:18:49,439 Speaker 1: We defeated the chairman of the Judiciary Committee in the 303 00:18:49,520 --> 00:18:54,320 Speaker 1: Houston suburbs. We defeated the Speaker of the House, and Spokane, Washington. 304 00:18:54,960 --> 00:18:58,720 Speaker 1: No expert would have told us in nineteen ninety four 305 00:18:59,119 --> 00:19:01,439 Speaker 1: that we were going to win those three races. But 306 00:19:01,600 --> 00:19:04,639 Speaker 1: once you start into a tsunami, you just don't know 307 00:19:04,680 --> 00:19:07,280 Speaker 1: what's going to happen, and you don't know who's vulnerable. 308 00:19:07,320 --> 00:19:11,920 Speaker 1: So my battle cry has been run people everywhere. Don't 309 00:19:11,960 --> 00:19:15,040 Speaker 1: just target where you think will work. Target everything, and 310 00:19:15,280 --> 00:19:34,520 Speaker 1: you may get some breaks you don't expect. Now you've 311 00:19:34,520 --> 00:19:38,760 Speaker 1: heard Hillary Clinton recently offer the Democrats advice they need 312 00:19:38,800 --> 00:19:42,240 Speaker 1: to get their message better, and you've heard President Obama 313 00:19:42,480 --> 00:19:45,960 Speaker 1: offer Democrats his advice they've got to get their message better. 314 00:19:46,600 --> 00:19:49,280 Speaker 1: Let me first of all point out that when Hillary 315 00:19:49,320 --> 00:19:52,720 Speaker 1: Clinton's husband had been in office two years, we won 316 00:19:52,880 --> 00:19:55,280 Speaker 1: control of the House for the first time in forty years, 317 00:19:55,520 --> 00:19:59,440 Speaker 1: and we picked up fifty three seats. When Barack Obama 318 00:19:59,560 --> 00:20:02,439 Speaker 1: had been an office for two years, we picked up 319 00:20:02,520 --> 00:20:05,800 Speaker 1: sixty four seats in a campaign John Bayner led in 320 00:20:05,920 --> 00:20:09,200 Speaker 1: which the battlecry was ware of the jobs. Now, think 321 00:20:09,200 --> 00:20:13,040 Speaker 1: about that. The Democrats are getting advice from two losers 322 00:20:13,840 --> 00:20:15,960 Speaker 1: who proved in the past that they had not got 323 00:20:15,960 --> 00:20:19,080 Speaker 1: a clue how to win off your elections. But they're 324 00:20:19,119 --> 00:20:23,920 Speaker 1: the best they had gone right now. So I don't know, 325 00:20:24,240 --> 00:20:27,560 Speaker 1: because we're a much bigger party now than therefore. We've 326 00:20:27,600 --> 00:20:30,600 Speaker 1: already picked up fifteen seats last time. I don't know 327 00:20:30,640 --> 00:20:32,760 Speaker 1: that we're going to pick up fifty or sixty seats. 328 00:20:33,320 --> 00:20:36,439 Speaker 1: It is possible that we could pick up fifty or 329 00:20:36,440 --> 00:20:39,760 Speaker 1: sixty seats, but I wouldn't bet a lot of money 330 00:20:39,760 --> 00:20:41,160 Speaker 1: on it. I'd bet a pretty good bit of money 331 00:20:41,200 --> 00:20:45,080 Speaker 1: on twenty five or thirty. And remember, at thirty five seats, 332 00:20:45,840 --> 00:20:48,520 Speaker 1: given where they are right now, you end up with 333 00:20:48,600 --> 00:20:53,320 Speaker 1: the largest Republican majority since nineteen twenty and I think 334 00:20:53,359 --> 00:20:55,960 Speaker 1: that's very likely. I'd be more likely to think they'll 335 00:20:56,000 --> 00:20:59,680 Speaker 1: get thirty five plus than that they'll be under thirty five. Now, 336 00:20:59,680 --> 00:21:01,960 Speaker 1: in that setting, there are a a couple of other things 337 00:21:01,960 --> 00:21:05,720 Speaker 1: going on. They're fascinating when you start getting this kind 338 00:21:05,760 --> 00:21:09,199 Speaker 1: of a tsunami all of a sudden, there are racist 339 00:21:09,200 --> 00:21:13,280 Speaker 1: For example, we have a very attractive candidate in Washington State, 340 00:21:13,680 --> 00:21:15,520 Speaker 1: and I think she has a real chance of winning. 341 00:21:16,000 --> 00:21:19,760 Speaker 1: A good friend of mine, Adam Laxalt, former Attorney General 342 00:21:19,800 --> 00:21:23,480 Speaker 1: for Nevada, is already ahead forty seven forty in Nevada 343 00:21:23,560 --> 00:21:25,880 Speaker 1: for the US Senate. And by the way, we may 344 00:21:25,880 --> 00:21:28,760 Speaker 1: pick up every single house seat in Nevada because the 345 00:21:28,800 --> 00:21:32,560 Speaker 1: state has suddenly decided that the Democrats are just too expensive. 346 00:21:32,560 --> 00:21:35,520 Speaker 1: They can't deal with them. There's an outside shot that 347 00:21:35,520 --> 00:21:38,199 Speaker 1: we're going to win in Colorado. I think we probably 348 00:21:38,240 --> 00:21:41,960 Speaker 1: will win in Arizona because the scale of the damage 349 00:21:42,000 --> 00:21:45,119 Speaker 1: being done by illegal immigration in Arizona is so great 350 00:21:45,640 --> 00:21:48,480 Speaker 1: that I think that it makes it very, very hard 351 00:21:48,840 --> 00:21:53,399 Speaker 1: for the Democratic senator to survive. Similarly, the weakest Democratic 352 00:21:53,440 --> 00:21:56,160 Speaker 1: senator is in New Hampshire. We have a real shot 353 00:21:56,200 --> 00:21:59,560 Speaker 1: at winning in New Hampshire. I spent three hours last 354 00:21:59,600 --> 00:22:05,080 Speaker 1: week with herschel Walker, who is very impressive, much smarter 355 00:22:05,160 --> 00:22:09,199 Speaker 1: than people think. He is a great competitor, a good businessman, 356 00:22:09,720 --> 00:22:12,199 Speaker 1: has a great story to tell, and I think herschel 357 00:22:12,280 --> 00:22:14,119 Speaker 1: Walker is going to take that seat back to the 358 00:22:14,160 --> 00:22:17,520 Speaker 1: Republicans in Georgia. So you start looking around, you begin 359 00:22:17,600 --> 00:22:20,280 Speaker 1: to realize we could have a very, very good night. 360 00:22:20,320 --> 00:22:23,240 Speaker 1: I think we'll keep all of the Republican seats that 361 00:22:23,320 --> 00:22:26,440 Speaker 1: have retired. I think we're going to win Pennsylvania. We're 362 00:22:26,440 --> 00:22:29,280 Speaker 1: going to win Ohio. To give you two examples, I 363 00:22:29,280 --> 00:22:32,119 Speaker 1: think Ron Johnson will get reelected in Wisconsin, where by 364 00:22:32,119 --> 00:22:34,879 Speaker 1: the way, we had a lot of victories in Wisconsin 365 00:22:34,960 --> 00:22:38,080 Speaker 1: this week for a school board and local government. I 366 00:22:38,160 --> 00:22:41,600 Speaker 1: think Ron's got to feel very good about how Wisconsin 367 00:22:41,760 --> 00:22:45,200 Speaker 1: is coming together. I think that Rick Scott is doing 368 00:22:45,240 --> 00:22:48,440 Speaker 1: a great job as the chair of the Senatorial Committee, 369 00:22:48,720 --> 00:22:51,320 Speaker 1: Tom Emers doing an amazing job as the Chairman of 370 00:22:51,359 --> 00:22:54,439 Speaker 1: the House Committee. And I think that you're very likely 371 00:22:54,440 --> 00:22:58,240 Speaker 1: to have Kevin McCarthy as Speaker next year and Mitch 372 00:22:58,320 --> 00:23:01,120 Speaker 1: McConnell as the majority leader in the Senate, which will 373 00:23:01,160 --> 00:23:05,000 Speaker 1: be pretty remarkable. I was very fortunate to take part 374 00:23:05,080 --> 00:23:10,440 Speaker 1: recently in the Congressional Institute's House Republican Issues Conference in Florida. 375 00:23:10,520 --> 00:23:12,720 Speaker 1: They had about one hundred and eighty House members there 376 00:23:13,160 --> 00:23:16,720 Speaker 1: and I listened to the leadership give their report and 377 00:23:16,840 --> 00:23:20,120 Speaker 1: what their plans are. They have a very methodical plan, 378 00:23:20,720 --> 00:23:24,359 Speaker 1: much more sophisticated than we had with the Contract with America. 379 00:23:24,440 --> 00:23:27,080 Speaker 1: They're going to run a very positive campaign, a very 380 00:23:27,119 --> 00:23:30,000 Speaker 1: issue or any campaign, and they've got just a ton 381 00:23:30,080 --> 00:23:33,520 Speaker 1: of good issues that are likely to I think, attract 382 00:23:33,600 --> 00:23:37,239 Speaker 1: an amazing number of people to the Republican Party and 383 00:23:37,280 --> 00:23:40,919 Speaker 1: make them feel very good about voting Republican. So I 384 00:23:40,960 --> 00:23:44,200 Speaker 1: would say, I don't think you can relax and assume 385 00:23:44,240 --> 00:23:46,560 Speaker 1: you can coast a victory. I think we have to 386 00:23:46,640 --> 00:23:49,760 Speaker 1: campaign every single day. I think we have to take 387 00:23:49,800 --> 00:23:53,040 Speaker 1: advantage of every opportunity that comes up to fight over 388 00:23:53,119 --> 00:23:56,600 Speaker 1: issues and to push the reality of how badly the 389 00:23:56,680 --> 00:24:02,280 Speaker 1: Democrats are weakening America, bankrupting America families, following policies whose 390 00:24:02,359 --> 00:24:06,440 Speaker 1: values are radically different than most Americans. But I think 391 00:24:06,440 --> 00:24:08,239 Speaker 1: if we will do that, if we just keep our 392 00:24:08,280 --> 00:24:11,080 Speaker 1: shoulder to the wheel, keep pushing, I think the odds 393 00:24:11,119 --> 00:24:13,440 Speaker 1: are that we're going to win one of the great 394 00:24:13,520 --> 00:24:16,000 Speaker 1: historic victories of all time, and I think that will 395 00:24:16,040 --> 00:24:19,600 Speaker 1: be something that will be sort of remarkable to watch. Now, 396 00:24:19,600 --> 00:24:24,439 Speaker 1: and that's setting I think you should watch carefully what 397 00:24:24,640 --> 00:24:28,000 Speaker 1: happens over the next few months, particularly as it relates 398 00:24:28,520 --> 00:24:33,120 Speaker 1: to inflation to the price of oil and gasoline. And 399 00:24:33,160 --> 00:24:36,840 Speaker 1: remember when inflation happens with oil and gasoline and diesel fuel, 400 00:24:37,560 --> 00:24:43,040 Speaker 1: every truck that delivers products is charging more because they 401 00:24:43,080 --> 00:24:45,080 Speaker 1: have to, because they have to pay more for their fuel. 402 00:24:46,600 --> 00:24:51,200 Speaker 1: Fertilizer comes directly out of petroleum cost more. A good 403 00:24:51,200 --> 00:24:54,399 Speaker 1: friend of mine runs a farm in Indiana. Their cost 404 00:24:54,480 --> 00:24:58,360 Speaker 1: structure this year is up eighty four percent. Now they're 405 00:24:58,359 --> 00:25:00,000 Speaker 1: going to pass that on. It's going to show up 406 00:25:00,000 --> 00:25:02,240 Speaker 1: in the grocery store, and I think you're going to 407 00:25:02,280 --> 00:25:05,000 Speaker 1: see again and again as we go through the year. 408 00:25:05,720 --> 00:25:07,760 Speaker 1: I think that it's going to get worse, not better. 409 00:25:08,359 --> 00:25:10,520 Speaker 1: And the Federal Reserve is going to have the following 410 00:25:10,560 --> 00:25:17,320 Speaker 1: tough decision if they decide to fight inflation. Because the 411 00:25:17,440 --> 00:25:20,800 Speaker 1: Left believes in demand side economics. No, I'm going to 412 00:25:20,840 --> 00:25:23,040 Speaker 1: take one minute and just walk you through this because 413 00:25:23,080 --> 00:25:27,480 Speaker 1: it's central to what's going on. Demand side economics basically 414 00:25:27,520 --> 00:25:31,560 Speaker 1: says that you really shape things by shaping the demand. 415 00:25:32,040 --> 00:25:34,480 Speaker 1: So if you have too much inflation, which is more 416 00:25:34,680 --> 00:25:37,879 Speaker 1: dollars available than goods and services, what you want to 417 00:25:37,920 --> 00:25:42,480 Speaker 1: do is get people to hunker down and spend less. 418 00:25:42,480 --> 00:25:44,280 Speaker 1: And the way you do that is you raise the 419 00:25:44,320 --> 00:25:47,879 Speaker 1: interest rates, which then turns housing, for example, into a bubble, 420 00:25:48,240 --> 00:25:51,760 Speaker 1: convinces people not to buy a car, etc. And so 421 00:25:51,960 --> 00:25:55,600 Speaker 1: the normal pattern of demand side economics is in order 422 00:25:55,600 --> 00:26:00,280 Speaker 1: to stop inflation, you create a recession. Well that's what 423 00:26:00,359 --> 00:26:03,879 Speaker 1: Jimmy Carter ended up doing, but he was caught because 424 00:26:04,320 --> 00:26:08,240 Speaker 1: the recession occurred faster than the inflation came down. So 425 00:26:08,280 --> 00:26:11,639 Speaker 1: they had what they called stagflation, which was you're getting 426 00:26:11,720 --> 00:26:15,960 Speaker 1: hit in your pocketbook by the cost of everything. At 427 00:26:15,960 --> 00:26:18,160 Speaker 1: the same time you're not putting anything into your pocketbook 428 00:26:18,160 --> 00:26:21,040 Speaker 1: because you just got laid off. And so it was 429 00:26:21,080 --> 00:26:24,280 Speaker 1: that level of double pain where if you added the 430 00:26:24,359 --> 00:26:27,280 Speaker 1: inflation rate and the unemployment rate, they called it the 431 00:26:27,320 --> 00:26:30,280 Speaker 1: misery index. And that was one of the keys to 432 00:26:30,359 --> 00:26:34,960 Speaker 1: Ronald Reagan's amazing victory. He actually defeated Carter by a 433 00:26:35,040 --> 00:26:38,919 Speaker 1: larger electoral vote margin than any incumbent president in history. 434 00:26:39,359 --> 00:26:44,120 Speaker 1: And that's because people were getting hit both ways supply 435 00:26:44,240 --> 00:26:47,840 Speaker 1: side economics, which is what Ronald Reagan ran on and 436 00:26:47,920 --> 00:26:52,280 Speaker 1: what Art Laugher and Jack Kemp and Judewiniski and Larry 437 00:26:52,320 --> 00:26:54,920 Speaker 1: Cudlow and I worked on all through the late seventies. 438 00:26:55,560 --> 00:26:58,439 Speaker 1: Supply side economics says, what you want to do is 439 00:26:58,480 --> 00:27:01,680 Speaker 1: increase the supply. So if there's too much money and 440 00:27:01,840 --> 00:27:05,280 Speaker 1: you pump a lot more oil, the oil basically absorbs 441 00:27:05,320 --> 00:27:07,399 Speaker 1: the money. The inflation rate comes down because there are 442 00:27:07,440 --> 00:27:10,159 Speaker 1: more goodies. You want to increase the total production of 443 00:27:10,160 --> 00:27:12,840 Speaker 1: wheat or cows or chicken or whatever. You want to 444 00:27:12,840 --> 00:27:17,080 Speaker 1: increase the production of automobiles. So by increasing the supply side, 445 00:27:17,640 --> 00:27:21,560 Speaker 1: you mop up the inflation. With happiness, people are able 446 00:27:21,600 --> 00:27:24,119 Speaker 1: to buy more goods, they're able to keep their jobs. 447 00:27:24,200 --> 00:27:27,360 Speaker 1: You don't get a recession. So Reagan ended up launching 448 00:27:27,440 --> 00:27:32,840 Speaker 1: thirty years of prosperity. It's an amazing achievement. Nobody on 449 00:27:32,840 --> 00:27:35,440 Speaker 1: the left learned anything. One of the few people on 450 00:27:35,480 --> 00:27:38,160 Speaker 1: the left who did is Larry Summers, former president of Harvard, 451 00:27:38,520 --> 00:27:43,360 Speaker 1: former Secretary the Treasury, and Summers has written several articles 452 00:27:43,359 --> 00:27:46,080 Speaker 1: saying to his own party, he's a Democrat, and he 453 00:27:46,160 --> 00:27:50,040 Speaker 1: said to his own party, what you're doing is crazy. 454 00:27:50,080 --> 00:27:53,120 Speaker 1: Every time you increase spending, you're increasing the inflation rate. 455 00:27:53,560 --> 00:27:57,639 Speaker 1: You're presently going to stumble into out of desperation having 456 00:27:57,640 --> 00:28:01,040 Speaker 1: to raise interest rates dramatically. When you raise the interest 457 00:28:01,119 --> 00:28:05,240 Speaker 1: rates dramatically. You're going to cause a significant recession. The 458 00:28:05,280 --> 00:28:08,280 Speaker 1: longer you go, and the higher the inflation rate, the 459 00:28:08,320 --> 00:28:10,159 Speaker 1: more you're going to have to raise interest rates, the 460 00:28:10,200 --> 00:28:13,960 Speaker 1: bigger the recession. So they're likely to be stumbling into 461 00:28:13,960 --> 00:28:18,200 Speaker 1: pain this year, having a substantial recession in twenty twenty three, 462 00:28:18,600 --> 00:28:20,560 Speaker 1: at which point I don't see how Joe Biden can 463 00:28:20,640 --> 00:28:24,440 Speaker 1: run per reelection. The Democrats will dump him and make 464 00:28:24,520 --> 00:28:27,440 Speaker 1: him a one term president, and I think it's all 465 00:28:27,440 --> 00:28:30,280 Speaker 1: just going to be an amazing mess. Keep looking at 466 00:28:30,320 --> 00:28:33,520 Speaker 1: the inflation rate, keep looking at the price of gasoline, 467 00:28:33,560 --> 00:28:36,600 Speaker 1: in the price of food, keep looking at the disaster 468 00:28:36,720 --> 00:28:41,120 Speaker 1: on the border. Watch carefully what's happening with Ukraine, which 469 00:28:41,200 --> 00:28:44,880 Speaker 1: is really extraordinarily dangerous and is the one place that 470 00:28:44,920 --> 00:28:49,440 Speaker 1: could change everything, because if we mishandle it badly enough, 471 00:28:49,720 --> 00:28:53,160 Speaker 1: Putin might use nuclear weapons, and we have no idea 472 00:28:53,200 --> 00:28:55,560 Speaker 1: what the world would be like if he began using 473 00:28:55,600 --> 00:28:58,640 Speaker 1: tactical nuclear weapons. So there are a lot of things 474 00:28:58,680 --> 00:29:01,320 Speaker 1: out there that could be concerned about. The good news 475 00:29:01,440 --> 00:29:04,560 Speaker 1: is help is on the way. The Republicans are almost 476 00:29:04,600 --> 00:29:07,600 Speaker 1: certainly going to win a stunning, historic victory, and the 477 00:29:07,720 --> 00:29:11,320 Speaker 1: world is going to be dramatically different after January third, 478 00:29:11,640 --> 00:29:14,720 Speaker 1: and I think dramatically better from the standpoint of those 479 00:29:14,760 --> 00:29:18,920 Speaker 1: of us who have conservative values and who actually love 480 00:29:19,160 --> 00:29:22,440 Speaker 1: classic America and love the idea of the country we've 481 00:29:22,480 --> 00:29:25,480 Speaker 1: become and the degree to which we have freedom, the 482 00:29:25,640 --> 00:29:28,320 Speaker 1: rule of law, and the right of everyone to pursue 483 00:29:28,360 --> 00:29:31,640 Speaker 1: happiness as they were endowed by their creators. So I 484 00:29:31,680 --> 00:29:33,920 Speaker 1: hope this gives you an opening sense of it. We're 485 00:29:33,920 --> 00:29:36,280 Speaker 1: going to do a series of these road to the midterms, 486 00:29:36,560 --> 00:29:38,560 Speaker 1: and we'll catch you up on what's happening and how 487 00:29:38,640 --> 00:29:41,880 Speaker 1: it's happening as the year evolves. I think it's going 488 00:29:41,920 --> 00:29:44,840 Speaker 1: to be one of the great elections of our lifetime 489 00:29:45,200 --> 00:29:47,560 Speaker 1: and one that you're going to want to really pay 490 00:29:47,600 --> 00:29:50,000 Speaker 1: attention to. And I hope as a citizen, you're going 491 00:29:50,000 --> 00:29:52,480 Speaker 1: to decide you want to be involved because this is 492 00:29:52,520 --> 00:30:01,280 Speaker 1: a moment for citizens to reclaim their country. Newts World 493 00:30:01,400 --> 00:30:05,480 Speaker 1: is produced by Gingwish three sixty and iHeartMedia. Our executive 494 00:30:05,520 --> 00:30:10,200 Speaker 1: producer is Garnsey Slump, our producer is Rebecca Howe, and 495 00:30:10,280 --> 00:30:14,240 Speaker 1: our researcher is Rachel Peterson. The artwork for the show 496 00:30:14,640 --> 00:30:17,960 Speaker 1: was created by Steve Penley. Special thanks to the team 497 00:30:17,960 --> 00:30:21,280 Speaker 1: at Gingwish three sixty. If you've been enjoying Newtsworld, I 498 00:30:21,360 --> 00:30:24,200 Speaker 1: hope you'll go to Apple Podcasting and both rate us 499 00:30:24,200 --> 00:30:27,160 Speaker 1: with five stars and give us a review so others 500 00:30:27,240 --> 00:30:30,000 Speaker 1: can learn what it's all about. Right now, listeners of 501 00:30:30,080 --> 00:30:33,880 Speaker 1: Newtsworld can sign up for my three free weekly columns 502 00:30:33,880 --> 00:30:38,960 Speaker 1: at Gingwish three sixty dot com slash newsletter. I'm newt Gingwish. 503 00:30:39,120 --> 00:30:40,040 Speaker 1: This is Newsworld