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Speaker 1: Let's do a preview of the state of the Union

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Speaker 1: and how to actually watch this thing. There are going

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Speaker 1: to be some big lies tonight, and we can pretty

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Speaker 1: much predict what they're going to be because they've been

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Speaker 1: rolling these out there. So we're gonna start at the

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Speaker 1: top of the list. Top of the list is going

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Speaker 1: to be the issue of inflation. Joe Biden is going

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Speaker 1: to try to sell you tonight that he actually inherited inflation.

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Speaker 1: That will be part of this Day of the Union.

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Speaker 1: So is that true or is it false? Let's fact

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Speaker 1: check it. I want to take you back to the

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Speaker 1: middle of July of last year when things we're really

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Speaker 1: getting out of control with inflation. Now that inflation is

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Speaker 1: kind of set in and things are still bad, Americans

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Speaker 1: have been feeling the heat of what I refer to

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Speaker 1: as Biden inflation. Prices increase from June twenty twenty one

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Speaker 1: to June twenty twenty two by nine point one percent.

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Speaker 1: That is not inherited from Donald Trump. And this is

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Speaker 1: the reason why I'm going back to June and July

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Speaker 1: so you understand how much of this inflation was caused

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Speaker 1: by the President of the United States of America. Last

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Speaker 1: June's prices were already five point four percent higher than

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Speaker 1: the year before that it went again. Joe Biden was

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Speaker 1: the President of the United States of America, so not

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Speaker 1: only a year over year did inflation skyrocket, but month

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Speaker 1: over month it was skyrocketing during his administration. There was

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Speaker 1: a year under Biden of soaring prices that have destroyed

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Speaker 1: families budgets and force them to make tough choices. In

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Speaker 1: a recent survey, nearly seventy percent of Americans said they're

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Speaker 1: having to dip into savings to make ends meet. They

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Speaker 1: said the financial strain is particularly acute for low income households,

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Speaker 1: and the newest data yet President Biden is refusing to

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Speaker 1: accept responsibility for the role the Democrats two trillion dollars

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Speaker 1: spending spree right when he got into office, saying it

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Speaker 1: was in the name of COVID and the American Recovery Act,

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Speaker 1: right was what kicked inflation into a steep climb. He

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Speaker 1: also has chided those who were begging him to pump

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Speaker 1: the brakes on another round of reckless spending when they

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Speaker 1: was said when they went through that second round of

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Speaker 1: trillion dollars spending, he said, quote, we're changing people's lives.

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Speaker 1: And that's true, not for the better, but for the worse.

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Speaker 1: Americans across the country comparing their monthly expenses to their

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Speaker 1: bills from this time last year will confirm to you

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Speaker 1: that this bold pronouncement is in fact true. What is up. Rent, food, gasoline, electricity,

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Speaker 1: and everything else costs far more today. There's no disputing it.

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Speaker 1: Biden inflation is, to quote the present, changing americans lives.

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Speaker 1: Let me just tell you how it looks around the country,

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Speaker 1: because this is going to be a local issue for

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Speaker 1: many Americans. If you live in Georgia, for example, right now,

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Speaker 1: a couple in Georgia needs one hundred and sixty one

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Speaker 1: dollars more per month just for gasoline because of Joe

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Speaker 1: Biden's policies canceling the Keystone Pipeline and many other things.

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Speaker 1: A retired couple in New England, for example, needs twenty

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Speaker 1: seven dollars more a month just for electricity alone. If

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Speaker 1: you're in a fixed income, that's real money. Young professionals,

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Speaker 1: for example, in Phoenix, need two hundred and fifty eight

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Speaker 1: dollars more a month just to cover the increase and

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Speaker 1: rent since Biden has become president. And if you are

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Speaker 1: a parent of three in the US, you're gonna need

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Speaker 1: at least two hundred and seventy dollars more per month

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Speaker 1: to feed your family. And that's not including what it

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Speaker 1: costs to eat out right now. So as bidenflation changing

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Speaker 1: people's lives, you better believe it is the President taking

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Speaker 1: responsibility for it. Let's go back to February the third,

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Speaker 1: when he talked about jobs for Americans. This is what

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Speaker 1: the President had to say to you. Take any president,

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Speaker 1: I'm taking blame for inflation. No, why not? Because it

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Speaker 1: was already there when I got here. Man, Remember what

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Speaker 1: the economy was like when I got here. Jobs were hemorrhage,

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Speaker 1: inflation was rising. We weren't manufacturing and damping here. We

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Speaker 1: were in real economic difficulty. That's why I don't so

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Speaker 1: everything that the President just said, they're a lie, making

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Speaker 1: it up. And notice how he said thank you, and

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Speaker 1: then he walked out and didn't allow for any follow

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Speaker 1: up questions on the lie that he just told. Tim Scott.

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Speaker 1: Talking about Biden's stay of the Union, he said, it's

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Speaker 1: time for the president to include an apology for not

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Speaker 1: just record breaking crime, but also inflation and the crisis

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Speaker 1: at the border. I think you'll hear a lot of

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Speaker 1: glossing over of the real issues that the American people

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Speaker 1: are suffering through. If we were going to hear some

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Speaker 1: thing authentic from the President Biden, it would be American people.

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Speaker 1: I'm sorry, I apologize for a record breaking crime, record

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Speaker 1: breaking inflation, and record breaking border crossings. What I anticipate, however,

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Speaker 1: is he will talk about nothing for as long as

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Speaker 1: himily possible and stop talking. What do the American people deserve.

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Speaker 1: They deserve to be inspired, they deserve to be encouraged.

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Speaker 1: I agree with that. Biden, however, saying back in January,

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Speaker 1: costs are coming down with a big billboard behind him.

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Speaker 1: Of that, here's what he said about inflation, and of

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Speaker 1: course he didn't cause even though he actually did. And

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Speaker 1: as inflation is coming down, take home pay for workers

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Speaker 1: is going up. Workers' wages are higher now than they

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Speaker 1: were seven months ago, adjustice for inflation. By the way,

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Speaker 1: talk to the average American worker. They'll also tell you

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Speaker 1: that what the President just said, there is also a

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Speaker 1: lie center Coons talking about the Inflation Reduction Act, investing

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Speaker 1: in clean energy and will benefit the whole world. That

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Speaker 1: was at the World Economic Forum, as they were trying

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Speaker 1: to sell you on the Inflation Reduction Act when we

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Speaker 1: all knew what was really in it, more than fifty

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Speaker 1: percent of spending debt with green and alternative energy. At

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Speaker 1: the World Economic Forum, Chris Coons told the truth about

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Speaker 1: inflation in the presence demise of this country. Chris cons Senator,

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Speaker 1: we know the US is still the largest economy of

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Speaker 1: the world. What you're hearing also, Managing Director of IMF,

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Speaker 1: is saying here that a bit of near shoring to

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Speaker 1: avoid this notion of just in time and a little

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Speaker 1: bit more just in case, building a little bit resilience

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Speaker 1: is fine. But if we go too much into this

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Speaker 1: notion of friend shoring or more protectionist measures, if you

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Speaker 1: can shave off a lot of growth, globe, boy, we

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Speaker 1: know that there is there is a new house. There

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Speaker 1: is also partially a new Senate. How far will the

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Speaker 1: US go in front shoring making sure that things goes

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Speaker 1: to Mexico and countries that you're allied? Would do you

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Speaker 1: see the point of the IMF Managing director, And how

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Speaker 1: will the US balance this to make sure that we

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Speaker 1: also will have growth in the earths to come, and

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Speaker 1: this will be a various shallow recession of a recession

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Speaker 1: at all. Look, thank you, thank you for your comments

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Speaker 1: and the opportunity. I do think that American leaders and

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Speaker 1: business leaders in particular recognize that the severe disruptions of

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Speaker 1: the pandemic and some of the challenges of the reach

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Speaker 1: and the scope of globalization that have caused a backlash

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Speaker 1: in many of our countries, a populist backlash, certainly in

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Speaker 1: the United States, need to be addressed. One of the

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Speaker 1: ways to deal with some of our challenges in terms

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Speaker 1: of the hemisphere and migration also is to do some

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Speaker 1: near shoring to improve the job opportunities in Central America,

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Speaker 1: for example. But I don't think it will be as

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Speaker 1: robust as potentially projected. I do think that we will

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Speaker 1: continue to have an open economy, to be committed to

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Speaker 1: free trade and to see the robust value that globalization

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Speaker 1: has brought to the world as well as to many

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Speaker 1: of our people. Isn't that nice globalization to the world

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Speaker 1: and the Clean Energy Act will benefit the whole world.

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Speaker 1: So we're passing a inflation reduction Act that really isn't

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Speaker 1: dealing with inflation. We lied to you to get it passed,

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Speaker 1: and now we're telling you that it's for the good

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Speaker 1: of the whole world that we did this would create green,

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Speaker 1: clean alternative energy. Now after they pass this is when

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Speaker 1: they tell you the truth. At the World Economic Forum,

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Speaker 1: Chris Coon's one of the top GUIDs in the Democratic

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Speaker 1: Party being honest about this. So when you hear the

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Speaker 1: present tonight say oh, I'm the one, right, I'm the one.

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Speaker 1: I'm the guy who who you know is saving you

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Speaker 1: from inflation, when the reality is Inflation Reduction Act is

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Speaker 1: a lie and he caused inflation. Know that he's lying

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Speaker 1: to you, and hear the facts. Why lie Number two

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Speaker 1: that Joe Biden's going to tell you tonight is that

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Speaker 1: real wages are actually up. That is also a lie.

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Speaker 1: How do we know that? Well, Number one, let's go

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Speaker 1: back to the issue of inflation. Inflation was at one

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Speaker 1: point four percent when Biden took office on January the twentieth,

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Speaker 1: twenty twenty one. The number, I'll say it again, one

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Speaker 1: point four percent. Yes, wages have gone up. I'm a

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Speaker 1: small business owner. I understand that wages have gone up

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Speaker 1: for some, but real wages are actually lower today than

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Speaker 1: they were in December of twenty nineteen for all most

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Speaker 1: every single industry. How do we know that. Well, let's

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Speaker 1: talk again. Let's talk about the data. You look at

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Speaker 1: the wages now and you see the wages that we

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Speaker 1: have in this country right now. If you go category

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Speaker 1: by category, industry by industry, what you will notice is

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Speaker 1: at the jobs right now in this country across the board,

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Speaker 1: no matter what your quote, increase in pay is. Inflation

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Speaker 1: is eating up. Let's look at those goods in producing

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Speaker 1: grow since the growth since twenty nineteen has actually been

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Speaker 1: at negative one percent, what is normal growth in that

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Speaker 1: industry and wages three point eight percent? So what does

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Speaker 1: that mean? Well, if you look at the difference from

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Speaker 1: pre pandemic trend, it gets even worse. The normal would

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Speaker 1: be two point one percent increase, and goods in producing

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Speaker 1: salaries it is actually down six point six percent. Construction

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Speaker 1: difference from pre pandemic trend down seven point two percent.

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Speaker 1: In your buying power, manufacturing down six point one percent,

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Speaker 1: Private services provided down four point seven percent in that category,

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Speaker 1: trade transportation utilities down four point seven percent, hostale trade

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Speaker 1: down three point eight percent, retail trade three point one percent.

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Speaker 1: But this is when it gets even worse. Transportation warehousing

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Speaker 1: is down nine point one percent compared to what it

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Speaker 1: costs you in that industry. Utilities not eight point one percent, down,

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Speaker 1: information technologies five point six percent, down, financial activities five

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Speaker 1: point three percent down, professional and business services down five

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Speaker 1: point four percent, and education and health services down four

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Speaker 1: point four percent. What does this mean, Well, overall, if

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Speaker 1: you look at any other services, the average is down

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Speaker 1: five percent and real buying power since this guy became president,

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Speaker 1: real wages are lower today than they were in December

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Speaker 1: of twenty nineteen for every industry except retail, trade in leisure,

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Speaker 1: and hospitality, and there below the trend in every industry

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Speaker 1: at the same time, this president should go down as

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Speaker 1: the absolute worst present the history of modern political times

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Speaker 1: when it comes to the economy. This is what you

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Speaker 1: need to understand. This is not a joke. And when

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Speaker 1: they try to sell you that things are better, it

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Speaker 1: is not better. In fact, right now, there is a

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Speaker 1: new poll out that says sixty four percent of Americans

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Speaker 1: are now living paycheck to paycheck. It is a near

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Speaker 1: all time high. That is coming from CNBC. Living from

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Speaker 1: paycheck to paycheck sixty four percent. Let's go to the

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Speaker 1: article from CNBC. So when he tells you that wages

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Speaker 1: are up as the cost of living is surged in

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Speaker 1: twenty twenty two. Again, that's only under Biden. You can't

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Speaker 1: say you inherited that from Trump. The number of Americans

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Speaker 1: living paycheck to paycheck is skyrocketed to eighty four excuse me,

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Speaker 1: sixty four percent of December, according to the new recent

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Speaker 1: polling number. You compare that with twenty twenty one, there

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Speaker 1: were nine point three million more Americans that said they

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Speaker 1: are stretched too thin. Again, you cannot blame that on

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Speaker 1: something you inherited from Donald Trump. Months of high inflation,

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Speaker 1: CNBC rights have weighed heavily on households. As of December,

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Speaker 1: sixty four percent of Americans or living paycheck to paycheck,

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Speaker 1: according to the recent Lending Club report. That's up from

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Speaker 1: sixty one percent a year earlier, meaning things are getting worse.

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Speaker 1: It's also in line with the historic high first hit

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Speaker 1: in March of twenty twenty. For the first time, more

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Speaker 1: than half of all six figure earners also say they

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Speaker 1: were stretched too thin. That is a jump from forty

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Speaker 1: two percent a year ago. Quote. The effects of inflation

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Speaker 1: are eating into every American's wallets, and as the Fed's

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Speaker 1: effort to heurb inflation drive up the cost of debt,

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Speaker 1: we are seeing near record numbers of Americans living paycheck

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Speaker 1: to paycheck. For its part, the Federal Reserve is widely

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Speaker 1: expected to announce its eighth consecutive rate hike at this

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Speaker 1: week's policy meeting. Even though wage growth is high by

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Speaker 1: historical standards, it isn't keeping up with the increased costs

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Speaker 1: of living, which in December was up six point five

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Speaker 1: percent from the prior year. That leaves many Americans in

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Speaker 1: a bind as inflation and higher prices force more people

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Speaker 1: to dip into their cash reserves or lean on credit,

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Speaker 1: just when interest rates rise at the fastest pace in decades.

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Speaker 1: Other reports also show financial wellbeing is deteriorating overall. One

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Speaker 1: of these suggestions from CNBC because where we are in

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Speaker 1: the economy created by Joe Biden. Number one, cut spending. Yeah,

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Speaker 1: they said you're gonna have to cut spending. Number two,

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Speaker 1: they say you must put money away, and you need

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Speaker 1: to do that no matter how tight things are right now,

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Speaker 1: because you're gonna need it in the future. CNBC is

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Speaker 1: telling you now that sixty four percent Americans are living

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Speaker 1: paycheck to paycheck, and more than fifty percent of those

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Speaker 1: who makes six figures or more, saying that they're struggling

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Speaker 1: right now economically. So when the President comes out and

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Speaker 1: tells YO wages are up and to say the union again,

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Speaker 1: he's lying to you. He's full of crap. This is

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Speaker 1: total crap. Okay, I don't know any other way to

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Speaker 1: describe it. It is total crap. The media, by the way,

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Speaker 1: should fact check all this heavily. The media should be

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Speaker 1: very clear about the truth being told. They're not going

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Speaker 1: to fact check this, They're gonna keep putting out the propaganda.

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Speaker 1: Biden says his inflation has grown, take home pay workers

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Speaker 1: is going up. I want you to remember this because

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Speaker 1: this is what he's going to say again tonight. You

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Speaker 1: need to know it's a lie. And as inflation is

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Speaker 1: coming down, take home pay for workers is going up. Workers'

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Speaker 1: wages are higher now than they were seven months ago,

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Speaker 1: adjustice for inflation. That's just a lie. He's lying to you,

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Speaker 1: and everybody knows it. Biden also has made it clear

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Speaker 1: and he said he as he said he will whisper

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Speaker 1: that he'll veto Republican bills because they will make inflation work.

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Speaker 1: He's going to tell you the Republicans are trying to

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Speaker 1: make the economy worse. That's also lie. Plus House Republicans

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Speaker 1: in introduced another bill blocking action that would help lower

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Speaker 1: gas prices and help consumers. And on top of that,

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Speaker 1: House Republicans are preparing to vote on a national sales

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Speaker 1: tax bill, National Sales Tax. That's a great idea. It

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Speaker 1: would raise taxes on the moon class by taxing thousands

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Speaker 1: of every day and some groceries to gas, while cutting

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Speaker 1: taxes for the wealthy Americans. And if I'm not mistaken

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Speaker 1: what they've introduced, it also would totally eliminate the irs.

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Speaker 1: Feels good, except all gonna be sales tax. Go home

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Speaker 1: and tell your moms. They're going to be really excited

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Speaker 1: about that. Come on, Is this how the House Republicans

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Speaker 1: are starting a new term, cutting taxes for billionaires, raising

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Speaker 1: taxes for working families, making inflation worse. Will let me

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Speaker 1: be very clear, if any of these bills make it

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Speaker 1: to my desk, I will veto them. I will flat

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Speaker 1: veto Now there's the creepy whisperer in chief whispering to you.

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Speaker 1: I will veto them. You're gonna hear this propaganda again tonight.

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Speaker 1: They're gonna he's gonna go over this and he's gonna

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Speaker 1: keep playing these hits. He's going to tell you the

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Speaker 1: Republicans are trying to destroy your life. He's going to

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Speaker 1: tell you that they are going to ruin everything in

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Speaker 1: this country, as they have single handedly done all of this.

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Speaker 1: They have ruined and all of it with their policies,

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Speaker 1: passing an inflation Reduction Act. Okay, that is clearly not

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Speaker 1: an inflation reduction Act. Lying to you, it was a

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Speaker 1: Green New Deal under a different name. They lied to you.

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Speaker 1: One of the big lies he's going to talk about

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Speaker 1: is also gas prices, claiming that he is bringing gas

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Speaker 1: prices down. Have gas prices come down from their highs? Yes?

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Speaker 1: Did he inherit that from Donald Trump? No? Are they

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Speaker 1: still significantly higher than they were when he became president?

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Speaker 1: The answer is yes. Let me remind you of last summer,

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Speaker 1: and there's a very good chance that last summer's prices

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Speaker 1: we could hit those record highs again. Here is what

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Speaker 1: happened in June, gas prices hitting another record today, with

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Speaker 1: the national average now up to four dollars and eighty

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Speaker 1: six cents a gallon. That's up more than a dollar

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Speaker 1: eighty since this time last year. Prices have now more

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Speaker 1: than doubled since prices and Biden took office. Kelly O.

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Speaker 1: Grady of Fox Business, She's live in Los Angeles. What

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Speaker 1: I know it's even higher there, Kelly, Oh, it definitely is.

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Speaker 1: You can see the price over my shoulder. Dana. You know,

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Speaker 1: with hit record highs twenty seven of the last twenty

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Speaker 1: eight days. Today marks the tenth straight day in a row.

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Speaker 1: And you know, with the national average eight cents higher

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Speaker 1: than double the price when President Biden took office. That

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Speaker 1: means you're averaging about thirty four dollars extra every time

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Speaker 1: you fill up. Every time you fill up. That means

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Speaker 1: you're averaging about thirty four dollars extra every time you

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Speaker 1: fill up on average. Did it get better after that? No,

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Speaker 1: it actually got worse. A month later, CNN telling you

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Speaker 1: about Independence Day drivers from skies to the roads. Millions

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Speaker 1: are expected to drive somewhere this holiday weekend. According to

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Speaker 1: Triple A Drivers, we'll see the highest gas prices in

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Speaker 1: seven years. Adrian brought us as live in Chicago. Adrian,

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Speaker 1: you're near a gas station right now. What are you seeing?

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Speaker 1: What a driver's telling you? Hey, good morning to you, Jim.

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Speaker 1: We're seeing folks who fill up at this station in

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Speaker 1: Chicago are going to pay a little bit higher than

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Speaker 1: the national average to fill up here. Get ready for it.

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Speaker 1: It's gonna cost you about four dollars a gallon. These

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Speaker 1: are prices we haven't seen, as you mentioned, in seven years.

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Speaker 1: It's a record this holiday, and not only this holiday,

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Speaker 1: the travel for this holiday also beats the record we

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Speaker 1: saw in twenty nineteen. That's according to Triple A. That's

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Speaker 1: according to Triple A. So you can't say it's bias. Folks.

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Speaker 1: That was Independence Day. Oh, don't worry, it gets better.

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Speaker 1: Democrats start to say, well, things are getting better. Secretary

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Speaker 1: Grahamhall bragged about gas prices they actually remained high, claiming,

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Speaker 1: oh no, no, they've come down from our hives. The

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Speaker 1: average price of a gallon of gas is now down

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Speaker 1: about a dollar sixty from last summer's peak, but at

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Speaker 1: thirty percent decline, thirty percent decline from the all time high.

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Speaker 1: So are you paying more now than you were when

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Speaker 1: Joe Biden became president? Yeah? How much more? Oh? At

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Speaker 1: least a dollar dollar fifty? Gas prices are skyrocketing, And

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Speaker 1: the Secretary says, well, gas prices remain high, but they're

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Speaker 1: lower than they were when we were really screwing you.

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Speaker 1: In the middle of the summer, CNN talking about gas

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Speaker 1: prices and how much of an impact they're having on

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Speaker 1: the economy as a whole. Listen to this. This inflation peaked.

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Speaker 1: Is that look in terms of gas prices in the

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Speaker 1: near term, Yes, I mean you had more than five

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Speaker 1: dollars a gallon this summer and we are far far

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Speaker 1: from that. Just in the last month, forty seven cents

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Speaker 1: has come off a gallon of gasoline. So let me

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Speaker 1: put that into a real perspective here. If you have

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Speaker 1: an SUV and you're filling it up, it's about ten

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Speaker 1: bucks less today than it was last month. So that's

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Speaker 1: a noticeable amount. Here, a couple of things going. You

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Speaker 1: had some refineries that were off. By the way, let's

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Speaker 1: just talk about CNN math for a second. Where was

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Speaker 1: gas when Donald Trump left office? About a dollar eighty

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Speaker 1: five a gallon. Okay, January of twenty twenty one, when

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Speaker 1: he left office, we were about a dollar eighty five

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Speaker 1: a gallon. Biden takes office and we start jumping to

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Speaker 1: two forty six a gallon. Six months later, we're at

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Speaker 1: three fifty four a gallon. A year after he took office,

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Speaker 1: we're at five dollars and two cents a gallon. And

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Speaker 1: now what they want to do is they want to play.

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Speaker 1: What I refer to is and I say this jokingly,

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Speaker 1: so ladies, don't take offense this, but I call this

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Speaker 1: wife math. Honey, I saved you seventy five dollars. No,

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Speaker 1: you spent two hundred and eighty five dollars. No, but

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Speaker 1: I saved you seventy five. No, you didn't save me

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Speaker 1: seventy five. Right, Yes, I know it's on sale. That's great,

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Speaker 1: but you didn't save me any money. You spent money.

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Speaker 1: That's the same logic the White House is using right now.

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Speaker 1: They're like, well, hey, it was at five dollars a gallon,

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Speaker 1: which we created, but now we're down to three fifty

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Speaker 1: or three twenty five or three dollars, so we saved

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Speaker 1: you money, which is again totally insane. It's totally psychotic

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Speaker 1: the logic here. And they go on to try to

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Speaker 1: sell you this. I'm standing it all morning. Long hairs

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Speaker 1: and are online now. So they're refining a little bit

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Speaker 1: more gas. But also you have these concerns about COVID

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Speaker 1: shutdowns in China. China's using less petroleum, right so the

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Speaker 1: whole worldwide market of gas and oil, there's a little

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Speaker 1: bit less demand. There's some concerns about slowing demand in

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Speaker 1: the US next year, so futures markets have been a

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Speaker 1: little bit cool. But this is all good news for

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Speaker 1: anybody who's filling up at the guesting which they sunsk you,

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Speaker 1: because a huge part of this and the White House

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Speaker 1: every day is tracking these gas prices. We know that

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Speaker 1: the Chief staff Rounclane's getting up, was getting up at

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Speaker 1: three am to check the gas prices. And they mutated

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Speaker 1: a big question, by the way, a may you believe

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Speaker 1: that propaganda? We know the chief staff is waking at

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Speaker 1: three a m To get the gas prices. I don't

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Speaker 1: buy that for a second. I think they're totally full

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Speaker 1: of crap. This idea that you're setting an alarm to

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Speaker 1: wake up at three am to check the gas prices.

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Speaker 1: Why couldn't you check them at five am or six

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Speaker 1: am when you wake up, or seven am. And the

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Speaker 1: idea that you're waking up at three am. The White

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Speaker 1: House wants you to believe this crap. They made a

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Speaker 1: policy that they knew was going to make gas prices

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Speaker 1: go up on purpose because they want to force you

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Speaker 1: into green alternative energy. Then they want you to believe

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Speaker 1: that they're so concerned about gas prices why they refuse

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Speaker 1: to allow for more pipelines and the Keystone Pipeline to

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Speaker 1: reopen and allow for more drilling from our natural resources

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Speaker 1: in this country, while they've also were releasing the strategic

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Speaker 1: oil reserves to lower the price of gas artificiallys they

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Speaker 1: could have a better election cycle. That's all true. Okay,

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Speaker 1: we know that's true. We know that's a fact, right,

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Speaker 1: we know that, like, we know this is the fact.

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Speaker 1: And they sit there, I tell you this, right, it's absurd,

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Speaker 1: and they're like, well, he woke up at three am

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Speaker 1: to check the prices. I don't give a crap. He

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Speaker 1: wakes up at two am or one am check the prices.

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Speaker 1: If you have a policy for which you know is

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Speaker 1: going to make the prices of gas absolutely skyrocket, do

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Speaker 1: I really give a crap? What time you wake up

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Speaker 1: in the morning. And that's what their defenses are, the

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Speaker 1: high gas prices. Well, we wake up really early in

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Speaker 1: the morning. And even the people on set at CNN

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Speaker 1: you can hear them chuckle on the background at the

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Speaker 1: absurdity of that. It's been about diesel because that is

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Speaker 1: also how goods are transported. So what are we saying

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Speaker 1: with diesel prices, because that is really key to inflation prices. Absolutely,

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Speaker 1: So gasoline prices are cooling a little bit faster than

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Speaker 1: diesel prices, but those are also showing signs of peaking

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Speaker 1: as well, so that's incredibly important. Now one of the

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Speaker 1: things that can be sort of the downside, I could

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Speaker 1: say this of lower gas prices. Sometimes they fall because

430
00:25:53,000 --> 00:25:55,320
Speaker 1: you're worried about a recession. So they're falling for the

431
00:25:55,320 --> 00:25:57,600
Speaker 1: wrong reasons. You know, they were very low during the pandemic.

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Speaker 1: That's because we were in the middle of a pandemics.

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00:26:00,000 --> 00:26:02,040
Speaker 1: Sometimes you'll hear people say, oh, you know, gas prices

434
00:26:02,080 --> 00:26:04,320
Speaker 1: dropped so much from that pandemic low of a dollar

435
00:26:04,320 --> 00:26:06,480
Speaker 1: eighty five. Well, you don't want low gas prices because

436
00:26:06,480 --> 00:26:12,360
Speaker 1: the economy is crashing, right, you don't want gas prices

437
00:26:12,440 --> 00:26:15,480
Speaker 1: low for because of a crashing economy. This is where

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00:26:15,600 --> 00:26:17,560
Speaker 1: again they're lying to you at SCENN and this is

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00:26:17,560 --> 00:26:19,240
Speaker 1: what the present is going to lie to you about tonight.

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00:26:19,320 --> 00:26:21,360
Speaker 1: If you want to know why gas prices were low

441
00:26:21,440 --> 00:26:24,280
Speaker 1: during the pandemic and why they dropped to dollar eighty five,

442
00:26:24,359 --> 00:26:27,960
Speaker 1: it's for one reason. No one was driving. Do you

443
00:26:28,000 --> 00:26:33,040
Speaker 1: remember the driving habits of an economy shut down? Schools

444
00:26:33,040 --> 00:26:37,160
Speaker 1: were shut down, public schools. No one was driving, everybody

445
00:26:37,200 --> 00:26:42,640
Speaker 1: was staying home, no one was flying anywhere. This idea

446
00:26:42,720 --> 00:26:45,000
Speaker 1: that they're like, oh, well, it was because the economy

447
00:26:45,080 --> 00:26:48,280
Speaker 1: was crashing, No, it wasn't. We had an abundance of gas.

448
00:26:48,320 --> 00:26:50,840
Speaker 1: Do you remember when oil went to actually negative because

449
00:26:50,840 --> 00:26:53,160
Speaker 1: we had so much that was out there and no

450
00:26:53,240 --> 00:26:55,200
Speaker 1: one could take it, and everything was filled. Do you

451
00:26:55,200 --> 00:26:57,520
Speaker 1: remember when Donald Trump tried to fill the strategic oil

452
00:26:57,600 --> 00:27:03,359
Speaker 1: reserves for basically needs on the dollar and Democrats blocked it?

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00:27:03,400 --> 00:27:08,760
Speaker 1: Do you remember that this is why? This is why

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00:27:08,840 --> 00:27:12,520
Speaker 1: when you hear this present talk tonight, listen to what

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00:27:12,560 --> 00:27:16,240
Speaker 1: he's saying and then connect it to what you're experiencing.

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00:27:17,760 --> 00:27:23,600
Speaker 1: And I think it will very clearly, okay, very clearly

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00:27:24,520 --> 00:27:27,520
Speaker 1: show you that he is going to sell you a

458
00:27:27,560 --> 00:27:32,720
Speaker 1: bill of goods that is as egregious as the Inflation

459
00:27:32,800 --> 00:27:35,679
Speaker 1: Reduction Act that had nothing to do with reducing inflation.

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00:27:36,680 --> 00:27:39,040
Speaker 1: All right, I'll be staying up late tonight. I can

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00:27:39,080 --> 00:27:41,000
Speaker 1: promise you that watching the Stay of the Union, we'll

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00:27:41,000 --> 00:27:43,679
Speaker 1: put out a post stay the Union show, so make

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Speaker 1: sure you join us for that tomorrow morning, and I

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Speaker 1: will see you then