WEBVTT - Why Did Trump Give America’s Struggling Economy an “A+++”?

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<v Speaker 1>How would you rate the American economy as we head

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<v Speaker 1>towards Christmas of twenty twenty five?

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<v Speaker 2>Do you give it an F?

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<v Speaker 3>A D?

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<v Speaker 2>How about A C, A B? What about an A?

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<v Speaker 1>Just know if you're inclined to give it an A,

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<v Speaker 1>that's not good enough for Donald Trump, who thinks it's

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<v Speaker 1>even better than that. Trump says he's made America grade again.

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<v Speaker 1>Trump says it's the best economy ever. Trump says his

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<v Speaker 1>grade is an A triple plus.

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<v Speaker 3>But I do want to talk about the economy, sir

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<v Speaker 3>here at home, and I wonder what grade you would give.

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<v Speaker 1>A plus A plus A plus plus plus plus plus.

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<v Speaker 1>What do you think? Does that seem right to you?

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<v Speaker 1>I'm Steve Schmidt. It is Wednesday. This is the warning

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<v Speaker 1>last night in a deep red Georgia state legislative district

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<v Speaker 1>that Donald Trump won in twenty twenty four by forty

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<v Speaker 1>five points.

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<v Speaker 2>The Democrat won.

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<v Speaker 1>While that was happening, Trump was in Pennsylvania making clear

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<v Speaker 1>that if you think prices are rising, that you are

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<v Speaker 1>the delusional one.

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<v Speaker 2>You are wrong.

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<v Speaker 1>Didn't you know the higher grocery prices, the higher prices

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<v Speaker 1>for clothes, the higher prices for everything, it's all a

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<v Speaker 1>Democratic hoax.

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<v Speaker 2>Just like the Epstein files. The word affordability is a kunjob.

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<v Speaker 2>They use the word affordability. It's a Democrat hoax. Look,

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<v Speaker 2>affordability is a hoax.

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<v Speaker 1>Donald Trump went to Pennsylvania to tell the people there

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<v Speaker 1>that voted for him, how great a job he's doing.

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<v Speaker 1>That he fulfilled his promise to make America great again.

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<v Speaker 1>It's certainly great for his son, Eric, whose net worth

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<v Speaker 1>has increased to four hundred million dollars during his corrupt

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<v Speaker 1>father's reign. It's certainly been great for Donald Trump Junior,

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<v Speaker 1>who just got a six hundred twenty five million dollar

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<v Speaker 1>drone contract from the Pentagon for his company. If you're

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<v Speaker 1>one of Donald Trump's corrupt officials, it's never been better.

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<v Speaker 1>But if you're an ordinary American, perhaps part of the

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<v Speaker 1>forty percent of the country that doesn't have four hundred

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<v Speaker 1>dollars cash available for an emergency, it's never been worse.

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<v Speaker 1>Let's look at this chart. Does the date mean anything

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<v Speaker 1>to you? This is the story of the Trump presidency,

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<v Speaker 1>But so is this idiocy of Howard Lutnik.

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<v Speaker 2>Everything in the world's got ten percent. You go to

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<v Speaker 2>the store now, are you feeling the pain? No? Why not,

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<v Speaker 2>because there is no pain. Because what happens is the sellers,

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<v Speaker 2>the producers.

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<v Speaker 1>The sellers and the currencies change and the price effectively

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<v Speaker 1>mostly goes away each month. The great Trump Golden Age

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<v Speaker 1>is only another month away, and then another month after that.

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<v Speaker 2>Let's watch, Jesse.

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<v Speaker 3>I think we're going to have what I called parallel prosperity.

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<v Speaker 3>Main Street can do well, Wall Street can do well.

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<v Speaker 3>It's been a long time since Main Street's done well.

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<v Speaker 3>And that's what happened in Trump one point zero. Hourly

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<v Speaker 3>workers did better than supervisory workers. The bottom fifty percent

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<v Speaker 3>of households had a net worth increase that was higher

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<v Speaker 3>than the top ten percent. So we are going to

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<v Speaker 3>see Main Street surge here along with Wall Street, which

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<v Speaker 3>we've already seen. So I think it's going to be

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<v Speaker 3>a great year next year. I think inflation is going

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<v Speaker 3>to come down. You know, we're seeing gasoline prices come down.

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<v Speaker 3>We're seeing we should see interest rates come down, which

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<v Speaker 3>will help the housing market.

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<v Speaker 1>It is a golden age for crypto scammers, for Jeff Bezos,

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<v Speaker 1>for Little Larry and everybody with the cash to bribe Trump.

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<v Speaker 1>From the Honduran president on Norco terrorist drug trafficker. In

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<v Speaker 1>Trump's words, Now let loose while an American invasion fleet

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<v Speaker 1>gets ready to its venezuela and begin our next Afghanistan.

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<v Speaker 1>Things well, they're falling apart, and everybody knows it, everybody

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<v Speaker 1>except Donald Trump. Because Donald Trump is an untreated psychiatric patient,

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<v Speaker 1>he cannot temper his narcissism.

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<v Speaker 2>He is incapable of.

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<v Speaker 1>Saying anything other than the economy is a triple plus.

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<v Speaker 1>He doesn't have it in him to say it's an

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<v Speaker 1>a minus. And let's watch the lemming of the week,

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<v Speaker 1>the maga moron of the day, This Republican congressman jump

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<v Speaker 1>on the Trump grenade.

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<v Speaker 3>So I do wonder how you would grade the economy.

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<v Speaker 2>A plus.

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<v Speaker 3>Look, I'm using the same template that our president is using,

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<v Speaker 3>and that is the potential what we are going to

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<v Speaker 3>see with the economy in the first and second quarter.

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<v Speaker 1>I don't know what the voter total in his district is,

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<v Speaker 1>but I know if a deep red district in Georgia

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<v Speaker 1>that Trump won by forty five points just lip to

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<v Speaker 1>the Democrats.

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<v Speaker 2>None of them are safe. And the reason for that.

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<v Speaker 1>Is the family budget of the American people is not

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<v Speaker 1>safe from their incompetence, from their greed from their idiocy,

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<v Speaker 1>he has destroyed the family farmer. Farmers don't want bailouts.

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<v Speaker 1>They want to be able to sell their crops to

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<v Speaker 1>markets that Trump has shut down with his thermonuclear idiocy.

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<v Speaker 1>But it's not just the farmers, it's the small business owners.

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<v Speaker 1>It's everybody who is affected by the Trump economy. There

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<v Speaker 1>are food lines in Kentucky. They ought to be called McConnell's.

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<v Speaker 1>The misery that Trump is spreading, will grow, cannot be

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<v Speaker 1>stopped to die is cast. The American economy in January

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<v Speaker 1>of twenty twenty five was the envy of the world.

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<v Speaker 2>What Trump has.

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<v Speaker 1>Done is stoke and AI fueled all ark funded venture

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<v Speaker 1>capital internet bubble for the ages. This graph explains it,

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<v Speaker 1>and it's going to blow up because it's all a

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<v Speaker 1>Ponzi scheme. One of the best examples of it is

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<v Speaker 1>when Sam Altman of OpenAI is asked, how is it Sam,

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<v Speaker 1>if your company has fifteen billion in revenue you intend

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<v Speaker 1>to deliver on one point four trillion in investment commitments

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<v Speaker 1>that you've made. His response, you can sell your stock

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<v Speaker 1>if you want to.

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<v Speaker 2>Here's the deal.

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<v Speaker 1>Trump, his minions, his sickophants, or a collection of economic

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<v Speaker 1>imbeciles and vandals, and what they have done is unprecedented.

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<v Speaker 1>Nobody in the history of the American presidency has ever

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<v Speaker 1>taken a chainsaw, remember that, and a sledgehammer two the

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<v Speaker 1>foundation of the strongest economy in the world. What Donald

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<v Speaker 1>Trump has done is increase the power of China. And

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<v Speaker 1>just so you know, the Chinese trade surplus has never

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<v Speaker 1>ever been higher. Maybe, just maybe, though, there's a silver lining,

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<v Speaker 1>a break in the clouds, some sunlight that's reaching the ground,

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<v Speaker 1>and it's this. The American people who allowed this imbecile

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<v Speaker 1>to be president understand that he's faithless and he can't

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<v Speaker 1>be trusted, and all of it was a giant mistake.

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<v Speaker 1>Donald Trump is going to be dealing with a democratic majority.

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<v Speaker 1>Donald Trump is going to be repudiated in the election.

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<v Speaker 1>Donald Trump is breaking the American economy, breaking the American farmer,

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<v Speaker 1>breaking the American family, breaking the American worker.

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<v Speaker 2>And he's breaking the United States.

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<v Speaker 1>When you put it all together, it doesn't sound to

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<v Speaker 1>me like he's making America great again. But then again,

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<v Speaker 1>I'm not one of those people inclined to get on

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<v Speaker 1>my knees for Donald Trump. And that, my friends, is

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<v Speaker 1>the warningstein Schmidt, this is the warning. I invite you

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<v Speaker 1>to join this community, where I promise to be honest,

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<v Speaker 1>blunt and direct about what is happening in this country.

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<v Speaker 1>America is in crisis. Follow and subscribe to this channel

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<v Speaker 1>and on substack.

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<v Speaker 2>Thank you,