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Speaker 1: This election as we are, what less than fifty days

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Speaker 1: away from election day, is an incredibly important election. It's

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Speaker 1: going to have a massive impact on this country and

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Speaker 1: the future of this country. Steve Forbes putting out a

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Speaker 1: warning that Harris will plunge the US into a nineteen

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Speaker 1: Thirti's economic catastrophe, saying that he believes that Kamala Harris's

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Speaker 1: proposed economic plans will not only plunge the US into

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Speaker 1: an economic catastrophe, but one that we have not seen

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Speaker 1: since the Great Depression in the nineteen thirties. He said,

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Speaker 1: it's not just what she's trying to do on food

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Speaker 1: prices with price controls, but it's also her tax policy

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Speaker 1: and how aggressive it is to take from all Americans,

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Speaker 1: talking about investments, how she wants to take from every

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Speaker 1: American so they cannot provide for themselves. D Forbes, by

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Speaker 1: the way, is correct in what he's saying, and if

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Speaker 1: you look at her economic catastrophe what it would mean,

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Speaker 1: it would mean also taking away our constitutional rights, the

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Speaker 1: same thing that we witnessed during the pandemic, except this

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Speaker 1: time it would be Kamala Harris deciding that the people

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Speaker 1: need to be weak and the government needs to be

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Speaker 1: extremely strong. Now, this warning comes as so many in

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Speaker 1: the media, so many in the media are hoping that

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Speaker 1: you're gonna forget, that you're gonna not remember one of

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Speaker 1: her core plans. She's not backed down from this plan.

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Speaker 1: She's not backed away from this plan. Her plan on

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Speaker 1: Soviet style price controls is very much still here. And

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Speaker 1: I want people to understand that there was a warning

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Speaker 1: that happened in August August the fifteenth, when Donald Trump

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Speaker 1: came out and warned the American people about Kamala Harris's proposal.

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Speaker 1: It's a communist price control and as he described it,

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Speaker 1: she's running on the quote Maduro plan.

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Speaker 2: Now, Kamala's reportedly proposing communist price controls. She wants price controls,

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Speaker 2: and if they worked, I'd go along with it too.

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Speaker 2: But they don't work. They actually have the exact opposite

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Speaker 2: impact and effect. But it leads to food shortages, rationing,

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Speaker 2: hunger dramatically, more inflation. Their Inflation Reduction Act, by the way,

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Speaker 2: was a disaster. It's what caused the inflation. Their Inflation

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Speaker 2: Reduction Act was a con job. They actually admitted that

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Speaker 2: it wasn't really for inflation that they did it. They

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Speaker 2: don't know why they did it, but they named it

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Speaker 2: the Inflation Reduction Act, which was a very nice name.

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Speaker 2: Got approved based on that. Unfortunately, people didn't understand it.

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Speaker 2: I understood it. I said, that's going to cause tremendous inflation,

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Speaker 2: and it did, among other things like energy. She's running

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Speaker 2: on the Maduro Plan. We called the Maduro Plan like

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Speaker 2: something straight out of Venezuela or the Soviet Union. This

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Speaker 2: announcement is an admission that her economic policies have totally

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Speaker 2: failed and caused really a catastrophe for our country, and

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Speaker 2: beyond that, a catastrophe in the world.

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Speaker 1: A catastrophe in the world. So let's talk about some

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Speaker 1: of that for a second. What Kama Harris is proposing

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Speaker 1: is absolutely commun price controls. What does that mean? And

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Speaker 1: this is where we have to do a better job

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Speaker 1: explanning it to every voter in this country. You noticed

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Speaker 1: Donald Trump said, Hey, if it worked, I'd be in

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Speaker 1: favor of it. Did you hear him say that. He said, Unfortunately,

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Speaker 1: it doesn't work. Right. I think there's some people early

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Speaker 1: on that thought, all right, we're gonna do price controls,

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Speaker 1: and that's gonna be a good thing. It's going to work.

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Speaker 1: And then at backfire because as soon as the prices

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Speaker 1: the government set were not obtainable by the private sector,

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Speaker 1: the private sector just shut down and stopped producing. That

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Speaker 1: led to shortages and food to options that disappeared. That

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Speaker 1: led to the store shelves being empty. Everywhere they've done this,

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Speaker 1: everywhere they've tried to do this, it has been a failure.

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Speaker 1: And if you could find where it'd been successful, then

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Speaker 1: we could have a different conversation. But you cannot find

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Speaker 1: where it's been successful. That's the whole problem. All right.

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Speaker 1: I want to just take a quick second and I

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Speaker 1: back in history, when the government comes in and the

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Speaker 1: government says we're going to control prices, the sectors that

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Speaker 1: they're trying to control the price on, they just disappear.

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Speaker 1: David Brooks, by the way, came out. He was on

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Speaker 1: PBS News Hour. Now PBS News Hour is not watched

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Speaker 1: by a lot of people, but he said something that

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Speaker 1: was very important back in August. I think everybody should

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Speaker 1: listen to it.

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Speaker 3: And David, on this matter of economic policy, the Vice

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Speaker 3: President is also proposing the first ever ban on price

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Speaker 3: gouging for groceries. This is something I know you too

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Speaker 3: a particular issue with. It pulls well with swing voters,

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Speaker 3: but economists say the underlying reasons why prices are higher,

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Speaker 3: it's a more complicated argument.

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Speaker 4: Yeah, I mean, she has some good policies in this package.

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Speaker 4: I think the Child's Act credit is a good thing.

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Speaker 4: She wants to deregulate housing so we can get more homes,

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Speaker 4: but the price gouging is just well. Katherine Rampell, a

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Speaker 4: Washington Post columnist, a News Hour contributor, said it's impossible

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Speaker 4: to exaggerate how bad this policy is, and I agree

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Speaker 4: with that. And Catherine had a good line that if

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Speaker 4: your opponent is calling you a communist, maybe don't lead

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Speaker 4: with price controls. And so price controls just create shortages

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Speaker 4: that create black markets. We've seen it happen in Venezuela.

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Speaker 4: We've seen it happen in Soviet Union. Price controls just

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Speaker 4: don't work. What's worse about that, First, it's trying to

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Speaker 4: address a problem that does not exist. Price grocery prices.

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Speaker 4: Inflation has been less than one percent for the past year.

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Speaker 4: It's over. We had a surge, but it's over. The

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Speaker 4: problem does not exist. But the real core problem is

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Speaker 4: that expresses a level of economic illiteracy, which is kind

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Speaker 4: of surprising in a responsible democratic candidate. You know, the

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Speaker 4: idea behind greed inflation is that we had all these

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Speaker 4: years of low inflation under Obama under bushes, and I

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Speaker 4: guess people weren't greedy then, and then Biden gets in

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Speaker 4: and suddenly, magically they all get greedy and stite price scougen,

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Speaker 4: and they do it at Kroger's, at Harris Teeter, at

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Speaker 4: H ANDP. Suddenly there's this mass of price scougen, and

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Speaker 4: she thinks she can prosecute it. That's not why inflation surged.

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Speaker 4: Inflation surge because we had a pandemic which screwed up

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Speaker 4: supply chains and productivity. Then the Biden administration overstimulated the

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Speaker 4: economy too many dollars chasing too few goods. Obama administration

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Speaker 4: officials Larry Summer and Jason Furman said at the time,

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Speaker 4: this is going to cause inflation low and behold it did.

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Speaker 4: The Fed has to clamp down on growth, raising everybody's

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Speaker 4: interest payments. That's what caused inflation. That's solid basic economic

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Speaker 4: Her gre inflation plan is somewhere off outside of normal economics.

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Speaker 1: What outside of normal economics? David Brooks, by the way,

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Speaker 1: not a hardcore conservative on PBS telling you that this

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Speaker 1: is a catastrophe. This is what we have seen in

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Speaker 1: Venezuela and the Soviet Union. Price controls do not work.

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Speaker 1: What is worse about that? First is addressing a problem

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Speaker 1: that does not exist. He says, grocery prices inflation have

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Speaker 1: been less than one percent for the past year. It's over.

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Speaker 1: He may be right, by the way we've had a surge.

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Speaker 1: The surge is still here, but it's not still surging.

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Speaker 1: It's over. He said. The problem does not exist, but

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Speaker 1: the core problem is an express a level of economic

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Speaker 1: illiteracy that is surprising in a responsible democratic candidate. I

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Speaker 1: have to disagree with him there. I don't think it's

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Speaker 1: that Kamala Harris doesn't understand it. I think Kamala harre

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Speaker 1: Us is a socialist and that's what she wants. So

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Speaker 1: when you are a socialist, right, when you are a socialist,

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Speaker 1: you advocate support socialist ideas, you advocate, you support socialist

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Speaker 1: agenda items because you want it to be a socialist country.

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Speaker 1: She does not believe in a democracy. She does not

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Speaker 1: believe in freedom of speech, freedom of expression, she does

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Speaker 1: not believe in any of those things. She believes in

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Speaker 1: something totally different. It is called socialism. And when she

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Speaker 1: starts advocating for it, believe her. Let me also go

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Speaker 1: back to something else, that was said in this comment

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Speaker 1: by David Brooks on PBS. Quote the idea behind greed inflations.

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Speaker 1: We had all those years of low inflation. I guess

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Speaker 1: people were not greedy. Then then magically they all get

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Speaker 1: greedy and start price gouging at Kroger, Harris, Teeter, agb

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Speaker 1: and there's this massive price gouging. That's not why inflation surge,

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Speaker 1: he said. Inflation surge because of the pandemic, which screwed

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Speaker 1: up supply chain and proactivity. The Biden administration overstimulated the economy.

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Speaker 1: Larry Summers and Jason Furman said at the time, this

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Speaker 1: will cause inflation. Lo and behold it did. These are

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Speaker 1: the people that are running our government now that said this.

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Speaker 1: The FED has to clamp down on growth, right, which

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Speaker 1: is the cause, which is what causes inflation. That is

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Speaker 1: basic economics. He goes on to say, her greedflation plan

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Speaker 1: is somewhere outside of normal economics, normal economics. He's absolutely right.

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Speaker 1: Now you can say Kama Harris is an idiot, and

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Speaker 1: that can be how you explain it, right, like Kalmaher's

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Speaker 1: is an idiot and she doesn't understand basic and you know,

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Speaker 1: economic issues and inflation or you can say she knows

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Speaker 1: exactly what she's doing and she just is a communist.

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Speaker 1: I believe that she is a communist. Okay, that's that's

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Speaker 1: just what I believe, not because I might thinking or guessing. Okay,

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Speaker 1: I think she is a communist because she says she's

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Speaker 1: a communist that believes in communist ideas. Her proposals are communists.

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Speaker 1: Her proposals are communist ideas. Her her proposals are ideas

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Speaker 1: that communists implements. So we don't need to apologize on

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Speaker 1: her behalf. The media doesn't it need to apologize on

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Speaker 1: her half. The media needs to understand that she is

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Speaker 1: a person that is actually what I just described. She

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Speaker 1: is a person that is a communist who believes in

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Speaker 1: communists ideals. And by the way, David Brooks wasn't the

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Speaker 1: only one that was warning people about how absurd this was.

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Speaker 1: Haikim Jeffries was asked about it the Harris Economic Agenda.

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Speaker 1: Hakim Jeffries is one of the guys. It's you know,

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Speaker 1: he's the leader of the Democratic Party. He even understands

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Speaker 1: that you can't just walk out there and tell people

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Speaker 1: you are in favor of communism. So what do you do.

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Speaker 1: He says, Oh, I haven't heard the plan. He just

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Speaker 1: straight applied to the American people on CNBC.

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Speaker 5: Listen carefully, let me ask you about just price controls.

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Speaker 6: And you know, you.

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Speaker 5: Studied economics, you know how these things work. In the past,

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Speaker 5: that has not been the most.

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Speaker 6: Effective way to do things.

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Speaker 5: And you know, to blame a lot of the current

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Speaker 5: inflation on corporate creed. For forty years, inflation didn't reach

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Speaker 5: the levels that we.

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Speaker 1: Saw from a couple of years ago.

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Speaker 5: So it's just hard for people to understand how the

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Speaker 5: price gouging. The corporations were unable to do it for

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Speaker 5: forty years, and then suddenly they started doing it a

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Speaker 5: couple of years ago, right when President Biden took office,

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Speaker 5: and that that is largely responsible for the inflation that

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Speaker 5: we saw.

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Speaker 1: Why wasn't why suddenly did it?

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Speaker 7: Were corporations able to do that?

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Speaker 5: Leader Jeffer, Why hadn't they done it all along? If

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Speaker 5: they were greedy and profit mongers and everything else.

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Speaker 8: First of all, I haven't heard Vice President Harris talk

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Speaker 8: about price controls. She's talked about making sure that there's

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Speaker 8: no price gouging that takes place, so that we have

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Speaker 8: a properly functioning market where consumers have the ability to

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Speaker 8: purchase the goods that they need at a fair market

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Speaker 8: based price without any unlawful activity that occurs. This should

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Speaker 8: not be a controversial thing from the standpoint of wanting

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Speaker 8: to make sure that we are lowering costs, allowing corporations

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Speaker 8: and companies to function in the context of a properly regulated,

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Speaker 8: market based economy. But we are driving down the high

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Speaker 8: price of things like life saving prescription drugs, making sure

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Speaker 8: that people can afford groceries because there are millions of

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Speaker 8: Americans who are struggling to live paycheck to paycheck.

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Speaker 6: That should not be the case.

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Speaker 8: In America, the richest country in the history of the world.

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Speaker 8: And we're going to try to lower costs, grow the

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Speaker 8: middle class, and make sure that there's an economy that

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Speaker 8: works for hard working American taxpayers. That's not too controversial

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Speaker 8: in the communities that I spend time in all across

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Speaker 8: the nation.

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Speaker 1: I mean, that's one of the biggest bs, just total

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Speaker 1: crap answers ever. But that's the guy who's running the house,

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Speaker 1: and he's like, well, look, I haven't heard VP Harris

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Speaker 1: talk about price controls. He's trying to run away from

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Speaker 1: it because he understands just how damning it is. It's damning.

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Speaker 1: I mean, that's what this is. Larry Kudlow explaining it

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Speaker 1: this way on Fox Warning America.

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Speaker 9: I can imagine your take, but let me have it.

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Speaker 9: Thanks for having me, Brett. I appreciate it. Look, this

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Speaker 9: is price controls by any other name. I mean, it's

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Speaker 9: like a sheep in sheep's clothing. It's price controls because

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Speaker 9: it's price controls. But here's the thing. I mean, we

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Speaker 9: know how bad that turned out for Nixon. Price control

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Speaker 9: has never worked in Russia, Soviet Union, Venezuela, or Cuba.

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Speaker 9: They never work. They cause shortages, they cause black markets,

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Speaker 9: and eventually they cause higher prices because the control are

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Speaker 9: lifted because people are yelling about shortages. But no one

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Speaker 9: really knows what she means by price gouging. There's no definition.

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Speaker 9: There's a lot of blah blah blah in the rule

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Speaker 9: in their announcement about rules and the Federal Trade Commission, well,

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Speaker 9: the Federal Trade Commission has tried a bunch of cases

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Speaker 9: about price gouging or so called corporate greed, and they've

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Speaker 9: lost them all Over the past three and a half years,

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Speaker 9: and one more thing I just look at I mean,

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Speaker 9: she's miss Harrison yelling about beef producers, I guess, and

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Speaker 9: poultry producers and grocery stores. So I looked at their

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Speaker 9: corporate margins. Are they making any money? I mean, if

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Speaker 9: they're gouging somebody bread, they must be enormously profitable, and

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Speaker 9: they are not. Okay, the grocery stores profit margins one

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Speaker 9: point two percent, meat, beef, and poultry four point seven percent,

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Speaker 9: all of them American business eight point five percent. Look,

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Speaker 9: you should if she wants to go after somebody for

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Speaker 9: making too much money, uh, here's what Apple twenty six percent,

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Speaker 9: Microsoft thirty six percent, Navidia fifty three percent. You see

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Speaker 9: where I'm going on this. There's no case to be made.

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Speaker 9: No one knows what it is, but it's bad. If

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Speaker 9: it ever worked, it would be bad.

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Speaker 1: I go back to what he said there about the numbers,

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Speaker 1: and this matters. If you're if they are gouging somebody,

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Speaker 1: then that's one thing, but they're not. Grocery store profit

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Speaker 1: margin is one point two percent, the meat, beef, and

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Speaker 1: poultry four point seven all of American businesses average eight

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Speaker 1: point five. She wants to go after somebody for making

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Speaker 1: too much money. Here's who she should go after. You

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Speaker 1: want to go to price causing Apple is twenty six percent,

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Speaker 1: Microsoft thirty cents, Navida fifty three percent. But see those people,

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Speaker 1: they haven't made into a boogeyman, right, because no one's

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Speaker 1: really complaining about the iPhone costs because you don't have

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Speaker 1: to buy an iPhone every day. You gotta buy groceries

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Speaker 1: like every day or every couple of days. You get

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Speaker 1: my point. It's a regular thing, like you're getting groceries

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Speaker 1: on the regular, folks. And so that's the reason why

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Speaker 1: she's saying, we'll just do price control, even though everybody

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Speaker 1: knows that it's not going to work. That understands capitalism,

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Speaker 1: that understands free markets, and everybody knows it's never worked anywhere.

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Speaker 1: Everybody knows it's been a disaster everywhere. Yet here she

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Speaker 1: is out there still saying it running. You vote for me,

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Speaker 1: and I'm going to mandate that they sell you milk

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Speaker 1: for a dollar, that they sell you eggs for a dollar,

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Speaker 1: they sell your bread for a dollar. Well, when there's

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Speaker 1: no eggs or milk or bread left and you're sitting

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Speaker 1: there in the line begging for food, you're gonna know

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Speaker 1: who's fault it is. It's your fault. I want to

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Speaker 1: take a moment and I want to ask for your help.

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Speaker 1: The war in Israel started on October the seventh. We

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Speaker 1: have seen death and destruction in the Holy Land for

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Speaker 1: more than forty years. The International Fellowship of Christians and

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Speaker 1: Jews has been on the ground in Israel and within

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Speaker 1: hours of the war starting, and every day since, they've

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Speaker 1: been feeding the hungry and protecting the vulnerable. You may

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Speaker 1: not realize, but Israel is literally under attack now on

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Speaker 1: a daily basis, with rockets coming in. Those that are

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Speaker 1: surrounding Israel are doing everything they can to take them out.

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Speaker 1: The attacks continue in the North and the South, but

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Speaker 1: there are resilient survivors who bravely share their stories in

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Speaker 1: a series the Fellowship calls Faces of Iron. Survivors like Danny.

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Speaker 1: His beloved daughter and her husband were burned alive on

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Speaker 1: October the seventh by Hamas Terras. Danny is a commander

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Speaker 1: of the volunteer fire and rescue group in his community.

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Speaker 1: Despite fire equipment nearby, Danny could do nothing as his

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Speaker 1: daughter's house burned and his daughter and her husband lost

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Speaker 1: their lives. Christians like you support Israel through the International

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Speaker 1: Fellowship of Christians and Jews. It's his support that helps

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Speaker 1: these survivors remain steadfast and strong. To hear more stories

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Speaker 1: like this one and show your support for Israel. Please

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Speaker 1: stand with me and visit support IFCJ dot org. That's

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Speaker 1: support IFCJ dot org, support IFCJ dot org. Let me

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Speaker 1: go back to the day the Kama Harris came out

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Speaker 1: with this communist price control plan. David Asman, who's on Fox,

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Speaker 1: he's a Fox Business anchor. He was on Fox News

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Speaker 1: channel right after she said it, and even he was

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Speaker 1: like in shock, like and by the way, when I

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Speaker 1: was watching this, I was in shock because I couldn't

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Speaker 1: believe that she would actually advocate for this, that she

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Speaker 1: would support.

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Speaker 10: So, you know, big applause lines, one of them that

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Speaker 10: twenty five thousand dollars for your non payment for your

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Speaker 10: first house. I don't know, you know who wouldn't applaud

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Speaker 10: for being given twenty five thousand dollars from the government.

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Speaker 1: Especially if there's no price tag.

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Speaker 7: I mean, they've worked out a kind of a price tag,

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Speaker 7: but nobody believes it.

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Speaker 10: Yeah, I would just point out before you take it

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Speaker 10: away that you know, when the government gives someone twenty

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Speaker 10: five thousand dollars, it's coming from tax payer money. There's

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Speaker 10: only one source of income for the government, and it's

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Speaker 10: the money that you make in your job and everyone

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Speaker 10: else makes in their jobs. That goes and then the

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Speaker 10: government decides this person's going to get your money or

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Speaker 10: that person's going to get your money.

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Speaker 7: And if you think federal grants will keep prices down,

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Speaker 7: just look what happened to student loans. Whenever the student

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Speaker 7: loan was forgiven, the tuition keeps going up. It kind

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Speaker 7: of elevates price levels rather than get some under control.

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Speaker 7: And right now, that's the price that's the problem that

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Speaker 7: we have, or the prices of homes, and they are

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Speaker 7: so expensive because there's a limited inventory. The last thing

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Speaker 7: you need is to increase the shortage of houses by

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Speaker 7: price controls. And remember she was not only talking about

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Speaker 7: price controls on food, but also price controls on rent,

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Speaker 7: federal price controls that's usually controlled by the local government.

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Speaker 4: She wants to make it.

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Speaker 7: A federal issue. The bottom line is what we are

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Speaker 7: seeing here is a massive pivot to the left on

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Speaker 7: economic policy. She was trying the questions about whether she

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Speaker 7: would remove herself or move herself away from Bidenomics. Nobody

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Speaker 7: expected her to move much further to the left. He

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Speaker 7: never suggested price controls. He kind of hinted that maybe

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Speaker 7: that was the answer. He talked about price gouging, but

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Speaker 7: this for the first time ever, a federal ban on

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Speaker 7: price gouging on food.

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Speaker 1: Food.

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Speaker 7: By the way, the grocery industry has a profit margin

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Speaker 7: of one point six percent it did in twenty twenty three.

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Speaker 9: Compare that to Apple.

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Speaker 7: Apple's price margin is over way over thirty percent.

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Speaker 1: You can hear just the shock in his book right

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Speaker 1: after she said it. And I even forgot about the

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Speaker 1: twenty five thousand, Like when they're like, oh yeah, and

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Speaker 1: we'll also give you twenty five thousand dollars to buy

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Speaker 1: your first house. Wait what These are the same people

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Speaker 1: also that will lie to you and tell you, oh yeah,

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Speaker 1: and vote for us, and we're gonna pay for student loans.

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Speaker 1: It's not gonna happen. It's unconstitutional and they've already ruled

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Speaker 1: on it. But it doesn't matter. We'll just keep saying

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Speaker 1: it anyway, because we believe there's enough dumb people out

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Speaker 1: there that are willing to sit in poverty and vote

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Speaker 1: for us over and over and over and over and

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Speaker 1: over and over again, and just sit there in poverty,

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Speaker 1: Just sit there in poverty and just say, sure, government,

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Speaker 1: give me some cheese and I'll be happy. And just

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Speaker 1: give me enough to survive and live in poverty and

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Speaker 1: I'll be happy, and I'll vote for you every time.

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Speaker 1: That's what they're asking for. They want you to be dependent,

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Speaker 1: completely and utterly dependent on them. That is the ball.

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Speaker 1: That's the whole ball game. There's nothing else like. That's it.

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Speaker 1: That's the whole thing. It's the whole conversation. That's all

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Speaker 1: of it. Folks, and anyone that doesn't understand that you're

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Speaker 1: not listening to what they're telling you, you're not listening

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Speaker 1: to just how dangerous this is. I would love to

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Speaker 1: always go into a grocery store and know two things.

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Speaker 1: One I'm gonna have groceries and options, and two I'm

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Speaker 1: gonna have a hell of a lot of options. That's like,

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Speaker 1: that's it. I just want to know that when I

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Speaker 1: walk into a grocery store, it's gonna be okay, that

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Speaker 1: I'm not gonna have to sit here and beg for

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Speaker 1: food like bidnomics has destroyed this country. You know, you

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Speaker 1: want to talk about the price of food. What's next?

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Speaker 1: You're gonna do costs mandates on restaurants that they must

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Speaker 1: sell you at a cheese pizza at a certain price,

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Speaker 1: and if it goes over that, they're not allowed to

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Speaker 1: do it, because that's what would be next. Right, Oh,

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Speaker 1: you want chicken palm? Yeah, here's the only price that

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Speaker 1: you got to you're allowed to to. Can't go over this.

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Speaker 1: Food prices of skyrocket in this country. You are already

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Speaker 1: gonna do. Just put a max dollar amount on a

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Speaker 1: six count of nuggets a Chick fil A and tell

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00:26:20,240 --> 00:26:21,359
Speaker 1: Chick fil A you can't go over it. And then

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00:26:21,359 --> 00:26:22,639
Speaker 1: when all of a sudden they have to, they just

432
00:26:22,680 --> 00:26:27,399
Speaker 1: shut every restaurant down because they have no other option

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00:26:28,119 --> 00:26:31,520
Speaker 1: because it can't be open losing money every single day.

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00:26:32,760 --> 00:26:36,000
Speaker 1: There is a cause and effect here, Like, that's the

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00:26:36,080 --> 00:26:38,439
Speaker 1: other part of this that I think really people need

436
00:26:38,440 --> 00:26:42,520
Speaker 1: to understand. There is a legitimate cause and effect, a

437
00:26:43,240 --> 00:26:47,560
Speaker 1: very real, a very legitimate cause and effect aspect of

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00:26:47,600 --> 00:26:50,399
Speaker 1: all of this. Let me also play for you an

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00:26:50,440 --> 00:26:54,359
Speaker 1: example of summer food costs, and this is restaurants. This

440
00:26:54,520 --> 00:26:58,480
Speaker 1: is a local news report out of Philadelphia, right, Pennsylvania

441
00:26:58,520 --> 00:27:02,040
Speaker 1: Swing state important swings and listen to their warning.

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00:27:02,920 --> 00:27:05,879
Speaker 11: Some eatery employees tell us they've had to increase the

443
00:27:05,920 --> 00:27:09,000
Speaker 11: prices on their menu because they're getting charged more from

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00:27:09,040 --> 00:27:09,960
Speaker 11: their suppliers.

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00:27:10,400 --> 00:27:12,919
Speaker 1: Not my fault, you know, buy high with ouhi.

446
00:27:13,200 --> 00:27:15,360
Speaker 11: You know that's led to fewer diners.

447
00:27:15,640 --> 00:27:17,960
Speaker 1: People don't spend any money. They're tied on the pocket,

448
00:27:18,000 --> 00:27:18,359
Speaker 1: you know what I mean.

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00:27:18,480 --> 00:27:20,800
Speaker 11: They'll wait, they look how much, how much?

450
00:27:20,880 --> 00:27:23,200
Speaker 1: You know, they wait for the you know, the price

451
00:27:23,240 --> 00:27:23,880
Speaker 1: a little high.

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00:27:24,040 --> 00:27:26,879
Speaker 11: People say they've also noticed the pinch. Buying food to

453
00:27:26,960 --> 00:27:29,080
Speaker 11: go on the Ocean City Boardwalk.

454
00:27:28,680 --> 00:27:31,760
Speaker 2: Has definitely gotten way more expensive than it used to be.

455
00:27:31,960 --> 00:27:33,480
Speaker 8: I mean, we've been coming down here for a few

456
00:27:33,560 --> 00:27:35,360
Speaker 8: years now, and makes it kind of hard to want

457
00:27:35,400 --> 00:27:38,160
Speaker 8: to even come down here because prices get so crazy.

458
00:27:38,359 --> 00:27:40,879
Speaker 11: If you think you'll save money by buying groceries, you

459
00:27:40,920 --> 00:27:42,679
Speaker 11: may find out that's not the case.

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00:27:43,359 --> 00:27:45,560
Speaker 1: Very very, very expensive.

461
00:27:45,800 --> 00:27:48,919
Speaker 11: Mary Walsh says she's noticed high prices at her local

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00:27:48,920 --> 00:27:51,679
Speaker 11: grocery store in Ocean City as she's getting ready to

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00:27:51,720 --> 00:27:53,159
Speaker 11: host a Fourth of July party.

464
00:27:53,480 --> 00:27:55,439
Speaker 1: You go in One bag is one hundred dollars.

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00:27:56,240 --> 00:27:59,320
Speaker 11: Our six ABC data journalism team found most of the

466
00:27:59,320 --> 00:28:02,600
Speaker 11: holiday food it's have increased in price since last summer,

467
00:28:02,920 --> 00:28:06,320
Speaker 11: with the largest rises among meat products. Hot Dogs are

468
00:28:06,400 --> 00:28:09,760
Speaker 11: up seven point three percent, ground beef up four point

469
00:28:09,880 --> 00:28:13,680
Speaker 11: nine percent, beer three percent, and ice cream one percent.

470
00:28:15,040 --> 00:28:17,800
Speaker 11: The owner of Yanni's Cafe says he's trying to help

471
00:28:17,880 --> 00:28:19,320
Speaker 11: keep dining costs stay low.

472
00:28:19,640 --> 00:28:20,160
Speaker 12: We don't.

473
00:28:22,040 --> 00:28:22,640
Speaker 2: They charge.

474
00:28:22,760 --> 00:28:26,400
Speaker 11: He adds being a year round business also helped stabilize costs.

475
00:28:26,640 --> 00:28:29,240
Speaker 4: We stay open year round, and that's why you open.

476
00:28:29,480 --> 00:28:30,920
Speaker 2: We busying the witta tanto.

477
00:28:32,480 --> 00:28:34,840
Speaker 1: So what are you going to do next, Kamala? Are

478
00:28:34,840 --> 00:28:38,120
Speaker 1: you going to tell that guy must sell his food

479
00:28:38,240 --> 00:28:40,800
Speaker 1: for less than what it costs him to make it.

480
00:28:42,680 --> 00:28:46,080
Speaker 1: What's going to happen there? I want to know. I

481
00:28:46,200 --> 00:28:51,960
Speaker 1: want to know. Somebody explain that to me. David Axerod right,

482
00:28:52,120 --> 00:28:54,120
Speaker 1: one of the guys that helped get to where we are.

483
00:28:55,280 --> 00:28:57,080
Speaker 1: What does he say about the dinner table?

484
00:28:57,320 --> 00:28:59,840
Speaker 6: Well, look, I think today it made sense. When Trump

485
00:28:59,920 --> 00:29:02,480
Speaker 6: was returning to the Capitol after what twelve hundred and

486
00:29:02,480 --> 00:29:05,480
Speaker 6: fifty four days or whatever it was, you know, twelve

487
00:29:05,560 --> 00:29:08,320
Speaker 6: hundred and fifty four days after he sent a mob

488
00:29:08,760 --> 00:29:13,600
Speaker 6: rampaging through that building, I think it was an appropriate

489
00:29:13,680 --> 00:29:17,240
Speaker 6: time to raise this. I will see how extensively they

490
00:29:17,400 --> 00:29:20,800
Speaker 6: use that ad. Look I've said before, I mean, I'm Jake,

491
00:29:21,640 --> 00:29:24,960
Speaker 6: you know this. I'm the son of a Jewish refugee

492
00:29:25,000 --> 00:29:29,840
Speaker 6: from Eastern Europe, and I so love this democracy and

493
00:29:29,880 --> 00:29:34,440
Speaker 6: I think this is a central concern. But I've also said,

494
00:29:34,600 --> 00:29:37,800
Speaker 6: if you are talking about democracy over the dinner table,

495
00:29:37,800 --> 00:29:40,160
Speaker 6: it's probably because you're don't have to worry about the

496
00:29:40,200 --> 00:29:41,880
Speaker 6: cost of the food on your dinner table.

497
00:29:42,920 --> 00:29:45,840
Speaker 1: That might be the weirdest thing I've ever heard said

498
00:29:45,960 --> 00:29:50,400
Speaker 1: ever by David Ax. If you're talking about democracy over

499
00:29:50,400 --> 00:29:52,240
Speaker 1: the dinner table, it's probably because you don't have to

500
00:29:52,240 --> 00:29:55,040
Speaker 1: worry about the cost of food on your dinner table.

501
00:29:56,840 --> 00:29:59,440
Speaker 1: So what is the point you're making here? You're saying

502
00:29:59,440 --> 00:30:01,880
Speaker 1: that the America people don't need to worry about the food,

503
00:30:02,040 --> 00:30:04,560
Speaker 1: or they don't need to worry about democracy, or are

504
00:30:04,560 --> 00:30:06,600
Speaker 1: you saying we should just get rid of democracies and

505
00:30:06,680 --> 00:30:08,360
Speaker 1: you don't have to worry about food costs?

506
00:30:08,720 --> 00:30:08,840
Speaker 11: Like?

507
00:30:09,000 --> 00:30:12,520
Speaker 1: Which one is it? Let's go back to local TV.

508
00:30:12,720 --> 00:30:15,040
Speaker 1: How about New Orleans. Listen to this coming out of

509
00:30:15,080 --> 00:30:19,880
Speaker 1: a local news station wvu E TV Fox eight, New Orleans.

510
00:30:20,000 --> 00:30:24,040
Speaker 9: People aren't focused on CPI they're focused on at the

511
00:30:24,080 --> 00:30:24,720
Speaker 9: grocery store.

512
00:30:24,840 --> 00:30:27,160
Speaker 12: Food costs more than it used to. Yeah, and we're

513
00:30:27,200 --> 00:30:29,480
Speaker 12: not seeing it come down. We're not seeing it come down.

514
00:30:29,680 --> 00:30:32,600
Speaker 12: It costs more for wages of food and for owners

515
00:30:32,640 --> 00:30:35,240
Speaker 12: to run their companies right now, right now. So if

516
00:30:35,280 --> 00:30:37,760
Speaker 12: that's not coming down, people are not really feeling the

517
00:30:37,760 --> 00:30:39,640
Speaker 12: effects of it now. I do think they'll start lorne

518
00:30:39,680 --> 00:30:41,040
Speaker 12: interest rates, but not till late.

519
00:30:41,760 --> 00:30:45,440
Speaker 1: So at least on local news, they seem to be

520
00:30:45,600 --> 00:30:50,480
Speaker 1: honestly covering this somewhat accurately. They're like, look, the American

521
00:30:50,520 --> 00:30:53,440
Speaker 1: people are like, I mean, they're struggling right now. It's expensive.

522
00:30:53,480 --> 00:30:57,600
Speaker 1: It costs a lot of money. Like, it's not cheap, folks, Like,

523
00:30:57,720 --> 00:31:02,400
Speaker 1: it's real. It's costing some cash. Yeah, it is. You're

524
00:31:02,440 --> 00:31:06,040
Speaker 1: absolutely right, it's costing a lot of cash. Don't forget

525
00:31:06,160 --> 00:31:09,200
Speaker 1: download the podcasts my podcast and you can follow me

526
00:31:09,200 --> 00:31:13,200
Speaker 1: on social send me your thoughts, your favorite memes, your

527
00:31:13,200 --> 00:31:16,000
Speaker 1: favorite political news. I look at all the messages that

528
00:31:16,080 --> 00:31:20,880
Speaker 1: come in Facebook, Ben Ferguson there on X Ben Ferguson's show,

529
00:31:20,960 --> 00:31:23,960
Speaker 1: at Ben Ferguson Show, and if you're on Instagram follow

530
00:31:23,960 --> 00:31:26,160
Speaker 1: me right now. They say, I'm in shadow bands. It's

531
00:31:26,160 --> 00:31:27,520
Speaker 1: hard to find me. You got to put it in

532
00:31:27,760 --> 00:31:33,120
Speaker 1: at Ben Ferguson Podcasts, on Instagram at Ben Ferguson podcast