1 00:00:00,560 --> 00:00:04,400 Speaker 1: And if you want a little come along. If the 2 00:00:04,440 --> 00:00:07,920 Speaker 1: technical definition is two quarters of contraction, you're saying that's 3 00:00:07,960 --> 00:00:10,520 Speaker 1: not a recession. That's not the take. No, that's not 4 00:00:10,600 --> 00:00:14,040 Speaker 1: the technical definition. In terms of the technical definition, it's 5 00:00:14,080 --> 00:00:16,960 Speaker 1: not a recession. The technical definition considers a much broader 6 00:00:17,200 --> 00:00:20,840 Speaker 1: spectrum of data points. What is exactly the way houses 7 00:00:20,960 --> 00:00:24,640 Speaker 1: definition of a recession? Again, we don't We don't define 8 00:00:24,720 --> 00:00:27,160 Speaker 1: I'm not going to define it from here. I don't 9 00:00:27,200 --> 00:00:31,120 Speaker 1: think we're going to God, don't think we're recession. Freedom 10 00:00:31,640 --> 00:00:36,800 Speaker 1: is back in style. Welcome to the revolution. Yeah, where 11 00:00:36,800 --> 00:00:44,159 Speaker 1: I'm coming to. You'll sent to saying you a conscious 12 00:00:44,200 --> 00:00:52,559 Speaker 1: Sean Show behind the scenes information on breaking news and 13 00:00:52,800 --> 00:00:59,560 Speaker 1: more bold inspired solutions for America. This is a special 14 00:00:59,680 --> 00:01:07,800 Speaker 1: ada the Sean Hannity Show America Trap Behind Enemy Lines, 15 00:01:08,840 --> 00:01:13,920 Speaker 1: Day number three forty eight. At our two Sean Hannity's show, 16 00:01:13,920 --> 00:01:16,039 Speaker 1: Toll Free. It's eight hundred and nine one Sean. You 17 00:01:16,080 --> 00:01:17,640 Speaker 1: want to be a part of the program. Two big 18 00:01:17,680 --> 00:01:22,959 Speaker 1: stories were following today. One just totally completely embarrassing and 19 00:01:23,080 --> 00:01:27,160 Speaker 1: humiliating for the country. In the readout of the call 20 00:01:27,280 --> 00:01:31,560 Speaker 1: that Joe Biden had with President Sheia China. Those who 21 00:01:31,600 --> 00:01:36,000 Speaker 1: play with fire will only get burnt. Chinese State media 22 00:01:36,080 --> 00:01:39,880 Speaker 1: quoting she telling Biden. We hope the US side can 23 00:01:39,920 --> 00:01:44,040 Speaker 1: see this clearly, and they've been saber rattling in light 24 00:01:44,080 --> 00:01:46,840 Speaker 1: of the fact that Nancy Pelosi. They're very angry that 25 00:01:46,880 --> 00:01:51,280 Speaker 1: she's going to visit our ally that would be Taiwan now, 26 00:01:51,280 --> 00:01:54,720 Speaker 1: when they tried to push back when former Secretary of 27 00:01:54,760 --> 00:01:58,080 Speaker 1: State Mike Pompeio was going there, he said, too bad, 28 00:01:58,200 --> 00:02:00,680 Speaker 1: I'm going he went. I inter viewed him while he 29 00:02:00,720 --> 00:02:04,160 Speaker 1: was there. Then, of course, the economic disaster that we 30 00:02:04,240 --> 00:02:08,200 Speaker 1: now have been talking a lot about. We are now 31 00:02:08,200 --> 00:02:12,720 Speaker 1: officially in the middle of a recession, and in spite 32 00:02:12,760 --> 00:02:16,120 Speaker 1: of the administration trying to change the very definition of 33 00:02:16,160 --> 00:02:21,079 Speaker 1: a recession, as GDP growth contracted again this second quarter 34 00:02:21,200 --> 00:02:24,280 Speaker 1: like it did in the first quarter, and but they're 35 00:02:24,280 --> 00:02:27,919 Speaker 1: still trying to say that it's it's not a recession, right, 36 00:02:27,919 --> 00:02:30,720 Speaker 1: and certainly in terms of the technical definition, it's not 37 00:02:30,760 --> 00:02:34,280 Speaker 1: a recession. The technical definition considers a much broader spectrum 38 00:02:34,639 --> 00:02:37,080 Speaker 1: of data points. You're splitting hairs. I mean, if the 39 00:02:37,080 --> 00:02:40,639 Speaker 1: technical definition is two quarters of contraction, you're saying that's 40 00:02:40,680 --> 00:02:45,680 Speaker 1: not a recession. Take it's not the technical definition. So 41 00:02:45,840 --> 00:02:50,120 Speaker 1: two consecutive quarters a negative growth suggests obviously momentum in 42 00:02:50,120 --> 00:02:54,800 Speaker 1: a certain direction. But is that the definition of a recession? 43 00:02:54,800 --> 00:02:57,079 Speaker 1: Because the White Houses is playing along that line, it's 44 00:02:57,080 --> 00:02:59,000 Speaker 1: more so a rule of thumb, it is not the 45 00:02:59,040 --> 00:03:02,639 Speaker 1: technical definition. So Biden citing the unemployment number and comparing 46 00:03:02,680 --> 00:03:05,480 Speaker 1: investing money is proof we're not in a recession. Doesn't 47 00:03:05,520 --> 00:03:10,360 Speaker 1: sound like a recession to me. Excuse me, it's a recession. Listen. 48 00:03:11,000 --> 00:03:15,880 Speaker 1: We have a record job market, a record unemployment of 49 00:03:16,000 --> 00:03:21,839 Speaker 1: three point six percent today, we've created nine million new 50 00:03:21,919 --> 00:03:25,800 Speaker 1: jobs so far. Just has to become president. Business are 51 00:03:25,880 --> 00:03:30,080 Speaker 1: investing in America at record race. That doesn't sound like 52 00:03:30,080 --> 00:03:32,360 Speaker 1: a recession to me. The problem with what he just 53 00:03:32,400 --> 00:03:36,000 Speaker 1: said there is we have not gotten all the jobs back, 54 00:03:36,040 --> 00:03:39,240 Speaker 1: pre pandemic jobs that we've had. And number two, we 55 00:03:39,320 --> 00:03:41,600 Speaker 1: are in a recession and they're just the outright lying 56 00:03:41,680 --> 00:03:44,120 Speaker 1: to us. And I said this yesterday. My kids. They 57 00:03:44,200 --> 00:03:46,720 Speaker 1: might do something wrong when they were young, and I 58 00:03:46,800 --> 00:03:49,240 Speaker 1: might get annoyed by it, but then you know, they'd 59 00:03:49,240 --> 00:03:52,160 Speaker 1: have a cookie all over their face and I'd say, well, 60 00:03:52,200 --> 00:03:53,560 Speaker 1: I told you I had to eat the cookies. I 61 00:03:53,920 --> 00:03:56,800 Speaker 1: didn't eat the cookies. They getting a lot more trouble 62 00:03:56,800 --> 00:04:00,000 Speaker 1: for lying. I used to tell them, stop insulting my intelligence, 63 00:04:00,200 --> 00:04:03,040 Speaker 1: and you're not good at it, so stop trying. Um. 64 00:04:03,200 --> 00:04:05,240 Speaker 1: This is what New Game Wage's book is all about. 65 00:04:05,280 --> 00:04:07,640 Speaker 1: We've been We're going to be doing a series of 66 00:04:09,360 --> 00:04:13,360 Speaker 1: very specific issue oriented strategy sessions right here on this 67 00:04:13,400 --> 00:04:17,120 Speaker 1: program on how Republicans win, how do they win in 68 00:04:17,160 --> 00:04:20,120 Speaker 1: the Senate and these very in these bellweather states, how 69 00:04:20,120 --> 00:04:22,560 Speaker 1: do they take over the House? Are the what are 70 00:04:22,560 --> 00:04:26,240 Speaker 1: the issues that will matter most to you the American people? 71 00:04:26,400 --> 00:04:28,520 Speaker 1: And it's all part of his new book, Defeating Big 72 00:04:28,560 --> 00:04:34,040 Speaker 1: Government Socialism. Really timely. If you're in Woodstock by the way, 73 00:04:34,360 --> 00:04:38,440 Speaker 1: on Friday, he's going to be signing books at Foxtail 74 00:04:38,480 --> 00:04:41,680 Speaker 1: Bookshop in Woodstock. I know the area. Well, mister speaker, 75 00:04:41,680 --> 00:04:44,520 Speaker 1: welcome back to the program. That's great to be I 76 00:04:44,520 --> 00:04:48,159 Speaker 1: couldn't help but smile. Given your years in Atlanta, you 77 00:04:48,240 --> 00:04:51,640 Speaker 1: know virtually every part of Atlanta. Well, and folks at 78 00:04:51,680 --> 00:04:54,760 Speaker 1: Foxtail are delighted to get that shout out from you 79 00:04:54,800 --> 00:04:58,159 Speaker 1: because you're sort of a local son. Well, I was 80 00:04:58,560 --> 00:05:03,440 Speaker 1: sort of like the local adopt did Sun And unfortunately 81 00:05:03,600 --> 00:05:06,280 Speaker 1: I worry more about Georgia than I havent passed years 82 00:05:06,320 --> 00:05:09,400 Speaker 1: in terms of electorally. Let me first get your reaction 83 00:05:09,440 --> 00:05:12,719 Speaker 1: to President Chief, then we'll go to the economic numbers 84 00:05:12,720 --> 00:05:14,880 Speaker 1: that we got today. We knew that this was going 85 00:05:14,920 --> 00:05:19,120 Speaker 1: to happen. They're trying to redefine recession. But this saber 86 00:05:19,200 --> 00:05:22,440 Speaker 1: rattling of China is real. I mean, you have high 87 00:05:22,480 --> 00:05:26,479 Speaker 1: ranking officials saying they're going to reunify with Taiwan very soon. 88 00:05:26,640 --> 00:05:28,720 Speaker 1: That means they're going to take over our sovereign nation 89 00:05:28,800 --> 00:05:31,680 Speaker 1: that we have an alliance with. Well, look, I mean 90 00:05:32,200 --> 00:05:37,240 Speaker 1: the goal has been ever since nineteen forty nine to 91 00:05:37,360 --> 00:05:41,080 Speaker 1: have the Chinese communist and recapture what used to be 92 00:05:41,120 --> 00:05:46,320 Speaker 1: called Foremost in now Taiwan. And we had a deliberate 93 00:05:46,839 --> 00:05:51,680 Speaker 1: strategic ambiguity to say face where basically we said, you 94 00:05:51,839 --> 00:05:54,880 Speaker 1: cannot attack the island and at the same time, we're 95 00:05:54,880 --> 00:05:57,719 Speaker 1: not going to recognize them as a free and independent country, 96 00:05:58,120 --> 00:06:01,599 Speaker 1: but you have to let them alone. And in that framework, 97 00:06:02,440 --> 00:06:07,400 Speaker 1: Taiwan became twenty fourth million people, with free elections, free 98 00:06:07,440 --> 00:06:12,800 Speaker 1: news media. They produced about sixty five percent the advanced 99 00:06:12,800 --> 00:06:17,719 Speaker 1: ship manufacturing in the entire world. And you know, the 100 00:06:17,720 --> 00:06:21,760 Speaker 1: really an important player at the same time, I think 101 00:06:21,800 --> 00:06:24,840 Speaker 1: a lot of us. I count me in this manage, 102 00:06:24,839 --> 00:06:26,800 Speaker 1: you know. Claire Christiansen and I wrote a book on 103 00:06:27,680 --> 00:06:30,640 Speaker 1: Trump versus China and looked at ge in some great detail. 104 00:06:31,720 --> 00:06:34,039 Speaker 1: I think all of us thought back in the nineties 105 00:06:34,520 --> 00:06:38,320 Speaker 1: when I became the highest ranking American ever to visit Taiwan, 106 00:06:39,360 --> 00:06:43,480 Speaker 1: we thought that if the Chinese Communists could take over 107 00:06:43,920 --> 00:06:46,800 Speaker 1: Hong Kong and let it alone. They were talking at 108 00:06:46,800 --> 00:06:50,599 Speaker 1: the time about two systems in one country. We thought 109 00:06:50,680 --> 00:06:52,920 Speaker 1: that would be a satanal that they could at least 110 00:06:52,920 --> 00:06:56,240 Speaker 1: have a conversation with Taiwan. And of course, as a 111 00:06:56,520 --> 00:07:00,799 Speaker 1: tu teritary and dictatorship, the Chinese Communists couldn't help themselves. 112 00:07:01,160 --> 00:07:05,039 Speaker 1: So they crushed a freedom in Hong Kong, They crushed 113 00:07:05,080 --> 00:07:10,720 Speaker 1: free enterprise. They guarantee that nobody in Taiwan wants to 114 00:07:10,800 --> 00:07:14,840 Speaker 1: voluntarily become part of that kind of dictatorship. And that 115 00:07:14,920 --> 00:07:18,440 Speaker 1: was I think a huge change in the whole environment 116 00:07:18,440 --> 00:07:21,920 Speaker 1: in which we're operating now. I believe, and I want 117 00:07:21,920 --> 00:07:27,000 Speaker 1: to say this absolutely unequivocally. Once it became public that 118 00:07:27,240 --> 00:07:30,559 Speaker 1: Speaker Pelosi was going to go to Taiwan, she could 119 00:07:30,600 --> 00:07:34,400 Speaker 1: not back down. And whatever the American government has been saying, 120 00:07:34,520 --> 00:07:37,360 Speaker 1: or the Defense Development has been saying, there's just nonsense. 121 00:07:37,440 --> 00:07:43,880 Speaker 1: I mean, you cannot embolden Jijianping, the secretary generally Climnist Party, 122 00:07:44,760 --> 00:07:47,520 Speaker 1: by letting him think that he can bully us and 123 00:07:47,600 --> 00:07:51,920 Speaker 1: bluff us. And I think that, you know, they have 124 00:07:52,080 --> 00:07:55,160 Speaker 1: to go through with this. I personally believe that there 125 00:07:55,160 --> 00:08:00,560 Speaker 1: will be some effort by the Chinese Communists to make noise, 126 00:08:01,160 --> 00:08:02,760 Speaker 1: but I don't think they're in fact going to do 127 00:08:02,800 --> 00:08:06,000 Speaker 1: anything that matters. We were faced with the same problem 128 00:08:06,040 --> 00:08:09,680 Speaker 1: in ninety seven when I went because I was scheduled 129 00:08:09,680 --> 00:08:12,640 Speaker 1: to give speeches in Beijing and Shanghai, and when they 130 00:08:12,720 --> 00:08:14,160 Speaker 1: learned that I was going to go to Taiwan, they 131 00:08:14,200 --> 00:08:17,920 Speaker 1: went crazy. And finally Gardner Peckham, who was my National 132 00:08:17,960 --> 00:08:20,760 Speaker 1: security advisor, said to him, I actually heard him when 133 00:08:20,800 --> 00:08:24,960 Speaker 1: the phone say, look, the Chinese dictatorship does not tell 134 00:08:25,040 --> 00:08:28,320 Speaker 1: the American Speaker of the House what his travel plans are. 135 00:08:28,800 --> 00:08:33,000 Speaker 1: And he said, if you are sufficiently upset about NUT 136 00:08:33,080 --> 00:08:36,880 Speaker 1: going to Taiwan, we have an easy solution. We'll skip China, 137 00:08:37,160 --> 00:08:39,440 Speaker 1: We'll does go to Taiwan. Well, at that point, they said, 138 00:08:39,480 --> 00:08:42,400 Speaker 1: he said, well, Pop well, now we're not happy, but 139 00:08:42,559 --> 00:08:44,439 Speaker 1: we do want you to come and give these speeches 140 00:08:44,480 --> 00:08:47,079 Speaker 1: and so forth and so on. And the only concession 141 00:08:47,160 --> 00:08:49,160 Speaker 1: they asked for was that I had to go to 142 00:08:49,160 --> 00:08:53,599 Speaker 1: Taiwan through Japan. I couldn't fly direct from Beijing to Taipei. 143 00:08:54,120 --> 00:08:56,439 Speaker 1: But that's all. Well, I think we're in the same thing. 144 00:08:57,080 --> 00:08:59,240 Speaker 1: They would like to run a bluff, they would like 145 00:08:59,360 --> 00:09:01,880 Speaker 1: to bluster and be noisy, and they would like to 146 00:09:01,880 --> 00:09:04,120 Speaker 1: see a government as we can to buy the administration 147 00:09:04,200 --> 00:09:08,880 Speaker 1: back down, but that would be a catastrophe. If you 148 00:09:08,960 --> 00:09:12,000 Speaker 1: allow the Chinese communists to think they can bully you, 149 00:09:12,000 --> 00:09:14,440 Speaker 1: you are just going to embolden them. You see. Now 150 00:09:14,520 --> 00:09:17,480 Speaker 1: there's no option for Nancy Pelosi. She announced the trip 151 00:09:17,920 --> 00:09:20,319 Speaker 1: and then the Biden administration tried to pull her back. 152 00:09:20,920 --> 00:09:23,480 Speaker 1: But if she doesn't go, now, you're exactly right, it 153 00:09:23,559 --> 00:09:27,200 Speaker 1: will embolden the communist Chinese even further. I did a 154 00:09:27,240 --> 00:09:30,960 Speaker 1: report last night on television, and others are starting now 155 00:09:31,000 --> 00:09:32,840 Speaker 1: to cover it as well, and we've been doing other 156 00:09:32,880 --> 00:09:36,520 Speaker 1: reports on this is the massive land purchasing that's going 157 00:09:36,559 --> 00:09:40,800 Speaker 1: on by the Communist Chinese. They're buying farms, they're buying ranches, 158 00:09:40,920 --> 00:09:46,280 Speaker 1: they're buying, many of them in close proximity to military installations, 159 00:09:46,360 --> 00:09:49,560 Speaker 1: very key ones, and we're allowing that to happen. Why 160 00:09:49,600 --> 00:09:53,360 Speaker 1: would we ever allow them to buy land in our country? Well, 161 00:09:53,400 --> 00:09:55,560 Speaker 1: because I think we have not yet come to grips 162 00:09:55,559 --> 00:10:00,280 Speaker 1: with the fact that they are mortal competitor, that they 163 00:10:00,320 --> 00:10:02,719 Speaker 1: have a long range plan to defeat us, and that 164 00:10:02,840 --> 00:10:04,480 Speaker 1: we've got to get to be as tough and as 165 00:10:04,480 --> 00:10:07,880 Speaker 1: smart as they are. There are bills being introduced that 166 00:10:08,040 --> 00:10:11,000 Speaker 1: would force the sale of that land and would block 167 00:10:11,040 --> 00:10:14,280 Speaker 1: the Chinese Communists from buying land in the US. And 168 00:10:14,400 --> 00:10:16,959 Speaker 1: some of that land, as you know, is very close 169 00:10:17,000 --> 00:10:22,120 Speaker 1: to American military installations, including our ICBM basis in the 170 00:10:22,800 --> 00:10:26,840 Speaker 1: Upper Midwest. So I mean, it is crazy to allow 171 00:10:26,880 --> 00:10:28,400 Speaker 1: them to do that. And I think you're going to 172 00:10:28,480 --> 00:10:32,559 Speaker 1: see the Congress, certainly. I think when Kevin McCarthy becomes speaker, 173 00:10:32,920 --> 00:10:36,280 Speaker 1: you're going to see a bill come through that will 174 00:10:36,280 --> 00:10:39,640 Speaker 1: eliminate the ability of the Chinese Communists to buy land 175 00:10:39,640 --> 00:10:41,800 Speaker 1: in the US. Quick break more with new King Rich 176 00:10:41,840 --> 00:10:44,280 Speaker 1: who's with us his new book By the Way, Amazon 177 00:10:44,360 --> 00:10:48,360 Speaker 1: dot com, Hannity dot com, bookstores everywhere, defeating big government 178 00:10:48,480 --> 00:10:52,040 Speaker 1: socialism all right, One way to save money is talk 179 00:10:52,160 --> 00:10:54,800 Speaker 1: to our friends at American Financing dot net. They want 180 00:10:54,800 --> 00:10:59,880 Speaker 1: to give you a free mortgage financial debt consolidation reviewed 181 00:11:00,160 --> 00:11:02,559 Speaker 1: about ten minutes of your time. That's it, no pressure, 182 00:11:02,800 --> 00:11:05,760 Speaker 1: no fees, nothing. All they want to do is see 183 00:11:05,880 --> 00:11:09,080 Speaker 1: if they can help you save money. Every month and 184 00:11:09,200 --> 00:11:12,920 Speaker 1: over the course of your loan deconsolidation, you put all 185 00:11:12,960 --> 00:11:16,559 Speaker 1: of your your your debt into one low monthly mortgage payment. 186 00:11:16,600 --> 00:11:18,160 Speaker 1: Maybe you have some equity in your home you haven't 187 00:11:18,160 --> 00:11:20,760 Speaker 1: taken advantage of now an all interest rates went up 188 00:11:20,800 --> 00:11:23,360 Speaker 1: again this week, but we're expecting six to eight more 189 00:11:23,440 --> 00:11:26,880 Speaker 1: rate hikes in the coming eighteen months, So that means 190 00:11:27,000 --> 00:11:29,120 Speaker 1: you're gonna love today's rate compared to what it's going 191 00:11:29,200 --> 00:11:32,240 Speaker 1: to be in eighteen months. Anyway, talk to their their 192 00:11:32,320 --> 00:11:35,400 Speaker 1: financial pros, talk to their debt consolidation pros, talk to 193 00:11:35,440 --> 00:11:39,439 Speaker 1: their mortgage pros. It's absolutely free, no obligation at all. 194 00:11:39,520 --> 00:11:42,880 Speaker 1: Eight six six six one two hundred eighty six six 195 00:11:42,880 --> 00:11:45,840 Speaker 1: six one two hundred. They're on the web at American 196 00:11:45,920 --> 00:11:49,280 Speaker 1: Financing dot net, American Financing nmls. When a two three 197 00:11:49,360 --> 00:11:57,720 Speaker 1: three four nmls Consumer access dot org. Are you're ready 198 00:11:57,800 --> 00:12:00,880 Speaker 1: to get out of the media spin row. Well, you've 199 00:12:00,960 --> 00:12:06,640 Speaker 1: come to the right place, all right. More with new 200 00:12:06,720 --> 00:12:09,640 Speaker 1: King Rich's book Defeating big Government Socialism. By the way, 201 00:12:09,679 --> 00:12:13,040 Speaker 1: if you're in Woodstock in Georgia this Friday, four o'clock, 202 00:12:13,840 --> 00:12:16,560 Speaker 1: he will be doing a book signing at Fox Tail 203 00:12:16,880 --> 00:12:19,440 Speaker 1: Bookshop in Woodstock. Let me go to the issue of 204 00:12:19,440 --> 00:12:22,280 Speaker 1: the economy now for the better part of a week 205 00:12:22,320 --> 00:12:27,600 Speaker 1: in anticipation of well, consumer confidence numbers, seventy five base 206 00:12:27,679 --> 00:12:30,560 Speaker 1: full basis points of an interest rate hike by the 207 00:12:30,559 --> 00:12:32,680 Speaker 1: Fed yesterday. That's the second month in a row that 208 00:12:32,720 --> 00:12:35,160 Speaker 1: we've had such a large increase, the first time since 209 00:12:35,320 --> 00:12:39,720 Speaker 1: Volker did it in the early eighties. Add to that, 210 00:12:40,400 --> 00:12:44,240 Speaker 1: record high inflation, record high gas prices. We're paying still 211 00:12:44,400 --> 00:12:46,719 Speaker 1: double what we were paying under Donald Trump, and that's 212 00:12:46,720 --> 00:12:50,760 Speaker 1: including the dropping price due to the band aid solution 213 00:12:50,840 --> 00:12:54,360 Speaker 1: of releasing the strategic petroleum reserves, by the way, some 214 00:12:54,480 --> 00:12:57,240 Speaker 1: of which they gave to China, which is unbelievable to me. 215 00:12:57,720 --> 00:13:00,440 Speaker 1: And they're talking about lifting tariffs to China. So I 216 00:13:00,480 --> 00:13:02,480 Speaker 1: guess my question to you is now that we are 217 00:13:02,520 --> 00:13:05,679 Speaker 1: in a recession. Every definition of every economist I've ever 218 00:13:05,760 --> 00:13:09,120 Speaker 1: known as two consecutive quarters of negative growth that equals 219 00:13:09,120 --> 00:13:12,160 Speaker 1: a recession. We got the numbers today. We are officially 220 00:13:12,160 --> 00:13:15,200 Speaker 1: in a recession, but they're denying it. The fact that 221 00:13:15,200 --> 00:13:18,920 Speaker 1: they cite unemployment numbers that are somewhat irrelevant because we 222 00:13:18,960 --> 00:13:22,320 Speaker 1: still haven't gotten back to the employment level a pre pandemic, 223 00:13:22,400 --> 00:13:24,800 Speaker 1: so it seems like it's a meaningless number to me. 224 00:13:25,040 --> 00:13:28,080 Speaker 1: Fuck this is This is a Biden administration which told 225 00:13:28,160 --> 00:13:31,760 Speaker 1: us that they withdraw from Afghanistan was a great success, 226 00:13:32,520 --> 00:13:36,520 Speaker 1: that everything went perfectly. This is a Biden administration which 227 00:13:36,520 --> 00:13:39,640 Speaker 1: sells us that the southern borders under control. This is 228 00:13:39,679 --> 00:13:41,800 Speaker 1: a Biden administration which wants us to believe that we 229 00:13:41,840 --> 00:13:46,240 Speaker 1: don't have skyrocketing murder rates, you know. And the great 230 00:13:46,240 --> 00:13:48,320 Speaker 1: problem I have, of course, is they can say that 231 00:13:48,360 --> 00:13:51,000 Speaker 1: we don't have any inflation, but everybody who's listening to 232 00:13:51,040 --> 00:13:52,840 Speaker 1: them as going to the gas station and filling up 233 00:13:52,880 --> 00:13:55,440 Speaker 1: their car and thinking this is crazy, or they're going 234 00:13:55,480 --> 00:13:58,040 Speaker 1: to the grocery store and realizing they can't buy the 235 00:13:58,080 --> 00:14:00,160 Speaker 1: food they used to buy because they can't afford it. 236 00:14:01,240 --> 00:14:03,880 Speaker 1: So they have this problem that the American people who 237 00:14:03,920 --> 00:14:06,760 Speaker 1: live in the real world increasingly understand these people are 238 00:14:06,800 --> 00:14:09,720 Speaker 1: just liars. They're just you know, they're out of touch 239 00:14:09,760 --> 00:14:12,360 Speaker 1: with reality. You could be generous and say they're not lying, 240 00:14:12,600 --> 00:14:14,920 Speaker 1: they're just out of touch with reality and they're crazy, 241 00:14:15,160 --> 00:14:18,880 Speaker 1: but I think it's more accurate today. They're methodically trying 242 00:14:18,920 --> 00:14:22,200 Speaker 1: to lie this is a recession. We'll see if the 243 00:14:22,240 --> 00:14:25,840 Speaker 1: continued infest rates make it a deeper recession. And frankly, 244 00:14:26,120 --> 00:14:29,160 Speaker 1: this brand new and here's a another good example of 245 00:14:29,200 --> 00:14:31,720 Speaker 1: how they lie. They have a brand new bill that 246 00:14:31,800 --> 00:14:34,880 Speaker 1: they agreed to, which I think was a total betrayal 247 00:14:35,360 --> 00:14:38,440 Speaker 1: of Mitch McConnell and the Republicans who had agreed to 248 00:14:38,480 --> 00:14:42,520 Speaker 1: help them pass the bill on rebuilding our ship making 249 00:14:42,560 --> 00:14:46,400 Speaker 1: infrastructure with the understanding that they were not going to 250 00:14:46,480 --> 00:14:51,160 Speaker 1: bring up a tax increase, and literally within hours they 251 00:14:51,200 --> 00:14:55,520 Speaker 1: had hoodwinked the center Republicans. They're now proposing a tax 252 00:14:55,560 --> 00:14:59,520 Speaker 1: increase with mansion support support and they're calling it the 253 00:14:59,640 --> 00:15:03,600 Speaker 1: anti inflation bill. That's this plane a lie. I mean, 254 00:15:03,800 --> 00:15:06,680 Speaker 1: if you raise taxes on businesses, they're gonna raise what 255 00:15:06,760 --> 00:15:10,520 Speaker 1: they charge the customer. If you have the other increases 256 00:15:10,520 --> 00:15:12,480 Speaker 1: that are in that bill, you're going to put more 257 00:15:12,520 --> 00:15:16,760 Speaker 1: money into the economy. This is a pro inflation, anti 258 00:15:16,920 --> 00:15:21,000 Speaker 1: jobs proposal, and they can't describe it honestly because the 259 00:15:21,040 --> 00:15:23,760 Speaker 1: country would think they were crazy. You know, I can't 260 00:15:23,760 --> 00:15:25,800 Speaker 1: say it any better. All right, now, the last question 261 00:15:25,800 --> 00:15:28,120 Speaker 1: and we only have about ninety seconds, and that is 262 00:15:28,520 --> 00:15:32,640 Speaker 1: translate all of this, all of this failure. I can't 263 00:15:32,720 --> 00:15:36,760 Speaker 1: name a single policy that is successful. And what does 264 00:15:36,800 --> 00:15:39,520 Speaker 1: it mean for twenty twenty two in the midterms, especially 265 00:15:39,520 --> 00:15:43,160 Speaker 1: in the Senate because Georgia is a tough state now 266 00:15:43,200 --> 00:15:46,720 Speaker 1: for Republicans to win North Carolina we got fifty million 267 00:15:46,720 --> 00:15:49,840 Speaker 1: dollars strolled at Ron and Johnson. Look, I don't agree. 268 00:15:49,880 --> 00:15:53,040 Speaker 1: I think I think what's going to happen is people 269 00:15:53,080 --> 00:15:54,720 Speaker 1: are going to look at their wallet, They're going to 270 00:15:54,800 --> 00:15:56,400 Speaker 1: look at the gas pump, they're gonna look at the 271 00:15:56,480 --> 00:15:59,200 Speaker 1: grocery store, they're gonna look at the murder rate. They're 272 00:15:59,200 --> 00:16:00,720 Speaker 1: gonna walk in and they're going to say, I don't 273 00:16:00,720 --> 00:16:03,720 Speaker 1: want any more of this. And I think, for example, 274 00:16:03,960 --> 00:16:07,040 Speaker 1: when you realize that that Fetterman, the Democrat in Pennsylvania, 275 00:16:07,320 --> 00:16:10,320 Speaker 1: took down the American flag to put up the marijuana flag, 276 00:16:10,880 --> 00:16:13,680 Speaker 1: how much more proof to need disguise Nutson as a radical? 277 00:16:13,960 --> 00:16:17,440 Speaker 1: When you realize that that Warnock in Georgia voted for 278 00:16:17,520 --> 00:16:20,760 Speaker 1: every single thing Biden wanted, and I think that all 279 00:16:20,800 --> 00:16:23,200 Speaker 1: herschel Walker has to do. I said this to every 280 00:16:23,200 --> 00:16:27,080 Speaker 1: Republican candidate. The bigger the election, the more likely you 281 00:16:27,120 --> 00:16:30,360 Speaker 1: are to win. The smaller the election, the more likely 282 00:16:30,360 --> 00:16:32,760 Speaker 1: you are to have trouble. And I think you know, 283 00:16:32,880 --> 00:16:36,200 Speaker 1: if it's the Warnock Biden ticket that's just killing you 284 00:16:36,240 --> 00:16:39,480 Speaker 1: at the gas pump, and the Warnock Biden ticket that's 285 00:16:39,520 --> 00:16:43,080 Speaker 1: allowing murderers back on the street, etc. Then we're gonna 286 00:16:43,080 --> 00:16:45,720 Speaker 1: win almost everywhere I've been through a couple of these. 287 00:16:45,840 --> 00:16:49,480 Speaker 1: Nineteen eighty we'd picked up twelve Senate seats, won control 288 00:16:49,520 --> 00:16:51,840 Speaker 1: of the the Senate for the first time since fifty four. 289 00:16:51,840 --> 00:16:54,440 Speaker 1: As you remember because you were there nineteen ninety four, 290 00:16:55,080 --> 00:16:57,320 Speaker 1: we picked up fifty three House seats. We beat people 291 00:16:57,400 --> 00:17:01,360 Speaker 1: nobody thought we debat and I think in a similar cycle, 292 00:17:01,800 --> 00:17:05,520 Speaker 1: moving in a direction. Despite every effort of left wing 293 00:17:05,560 --> 00:17:08,240 Speaker 1: posters to pretend that it's not true, I think the 294 00:17:08,440 --> 00:17:11,600 Speaker 1: underlying tide is huge. Will you please make sure that 295 00:17:11,680 --> 00:17:15,520 Speaker 1: every single person running for office this year read your book. 296 00:17:15,840 --> 00:17:19,159 Speaker 1: It's called Defeating Big Government Socialism. If they would just 297 00:17:19,359 --> 00:17:22,640 Speaker 1: follow your mantra, that you just laid out, they'll win. 298 00:17:23,000 --> 00:17:26,119 Speaker 1: I agree, but not everybody's following it. And as simple 299 00:17:26,160 --> 00:17:29,040 Speaker 1: as it is, they need to listen. It's called defeating 300 00:17:29,040 --> 00:17:32,119 Speaker 1: big government socialism. Don't forget. He's gonna new will be 301 00:17:32,200 --> 00:17:36,879 Speaker 1: doing a book signing this Friday, four pm. Boxtail Bookshop 302 00:17:36,960 --> 00:17:39,760 Speaker 1: is in Woodstock, Georgia. If you're anywhere near the area 303 00:17:39,880 --> 00:17:42,359 Speaker 1: or you're on a drive to go see him anyway, 304 00:17:42,400 --> 00:17:45,600 Speaker 1: mister speaker, we appreciate you being with us. We will 305 00:17:45,640 --> 00:17:48,119 Speaker 1: go with us often throughout the campaign, and thanks for 306 00:17:48,200 --> 00:17:51,400 Speaker 1: being on board. Good take care, quick break right back 307 00:17:51,760 --> 00:18:00,639 Speaker 1: your calls on the other side. Straight ahead. He gives 308 00:18:00,640 --> 00:18:04,200 Speaker 1: you the latest breaking news when he hits the air. 309 00:18:04,760 --> 00:18:08,520 Speaker 1: This is the Sean Hannity Show, all right, twenty five 310 00:18:08,560 --> 00:18:10,040 Speaker 1: nouns to the top of the hour. A lot of 311 00:18:10,080 --> 00:18:14,160 Speaker 1: news breaking today. You know, this denial that the Biden 312 00:18:14,160 --> 00:18:18,720 Speaker 1: administration's living is unreal. This readout with the conversation with 313 00:18:18,840 --> 00:18:23,160 Speaker 1: President she basically threatening Joe Biden, and we're taking that 314 00:18:23,280 --> 00:18:26,360 Speaker 1: from him. Donald Trump wouldn't have taken that from President 315 00:18:27,080 --> 00:18:31,040 Speaker 1: I promise you. Unbelievable. I know about conversations because I 316 00:18:31,040 --> 00:18:34,560 Speaker 1: had high level sources that told me what those conversations 317 00:18:34,560 --> 00:18:36,920 Speaker 1: were like, not very different from the conversation he had 318 00:18:36,920 --> 00:18:39,760 Speaker 1: with the Taliban, which is why the Taliban didn't move 319 00:18:39,800 --> 00:18:42,919 Speaker 1: an inch or kill a single American for eighteen months, 320 00:18:43,240 --> 00:18:47,000 Speaker 1: the last eighteen months Trump was president. It's unbelievable. And 321 00:18:47,000 --> 00:18:49,359 Speaker 1: then you know, being told over and over again today 322 00:18:49,440 --> 00:18:52,200 Speaker 1: and this has got to be confusing for many people. Oh, 323 00:18:52,280 --> 00:18:55,560 Speaker 1: this is not a recessions. It is the very definition 324 00:18:55,600 --> 00:18:59,480 Speaker 1: of a recession. Two quarters of two consecutive quarters of 325 00:18:59,520 --> 00:19:03,520 Speaker 1: negative economic growth, that is a recession. And for them 326 00:19:03,560 --> 00:19:06,160 Speaker 1: to just lie to you about it is it's unbelievable. 327 00:19:06,440 --> 00:19:08,600 Speaker 1: You know, I went through this list earlier. Yeah, I 328 00:19:08,760 --> 00:19:12,800 Speaker 1: never had any business dealings with my zero experience on Hunter. 329 00:19:12,840 --> 00:19:17,439 Speaker 1: We never one time ever talked about his foreign business dealings. Well, sorry, 330 00:19:17,680 --> 00:19:21,320 Speaker 1: we now know that Biden met with at least fourteen 331 00:19:21,760 --> 00:19:24,120 Speaker 1: and there are pictures of some of them, of Hunter 332 00:19:24,160 --> 00:19:27,199 Speaker 1: Biden's business associates while he was vice president in the 333 00:19:27,280 --> 00:19:31,919 Speaker 1: Obama White House, which means he lied repeatedly. We also 334 00:19:32,080 --> 00:19:35,480 Speaker 1: know a smoking gunn email proves that Tony Bob a 335 00:19:35,560 --> 00:19:39,000 Speaker 1: Lynsky was dead on accurate when he said that the 336 00:19:39,040 --> 00:19:42,120 Speaker 1: big guy was Joe Biden, and he sat in meetings 337 00:19:42,119 --> 00:19:45,359 Speaker 1: with Joe and Hunter talking about barn business dealings. In 338 00:19:45,359 --> 00:19:48,240 Speaker 1: other words, he'd be a real whistleblower if anybody in 339 00:19:48,320 --> 00:19:52,320 Speaker 1: government ever cared to go after a Democrat. It's pretty unbelievable, 340 00:19:52,400 --> 00:19:55,120 Speaker 1: one of Hunter's former business partners, referring to Joe as 341 00:19:55,160 --> 00:19:58,120 Speaker 1: the big guy in a panic message. The same day 342 00:19:58,160 --> 00:20:01,760 Speaker 1: the Post broke the story of the laptop from Hell 343 00:20:02,280 --> 00:20:05,959 Speaker 1: left behind by the President's son. The message, James Gillier, 344 00:20:06,040 --> 00:20:10,399 Speaker 1: a former British Special Forces officer who ties to the 345 00:20:10,520 --> 00:20:14,879 Speaker 1: UK Intelligence Services, reassured an unidentified person that the revelations 346 00:20:14,920 --> 00:20:17,959 Speaker 1: about Biden's a parent involvement in his son's foreign deals 347 00:20:17,960 --> 00:20:20,800 Speaker 1: would not be damaging regardless of the outcome of the 348 00:20:20,800 --> 00:20:25,280 Speaker 1: twenty twenty presidential election. Unbelievable, although that would be called evidence. 349 00:20:25,560 --> 00:20:28,320 Speaker 1: But of course they deny that. They deny. I've never 350 00:20:28,359 --> 00:20:32,560 Speaker 1: talked Mayorchas last week saying oh no, no, the borders secure, 351 00:20:33,119 --> 00:20:36,200 Speaker 1: that it's not secure, it's anything but secure. Will never 352 00:20:36,280 --> 00:20:39,280 Speaker 1: impose a vaccine mandate. They imposed it. You know, the 353 00:20:39,359 --> 00:20:44,080 Speaker 1: Taliban isn't killing people in Afghanistan. They were withdrawals. A success, 354 00:20:44,280 --> 00:20:49,320 Speaker 1: A success, A disaster, you know, Denying that they're limiting 355 00:20:49,359 --> 00:20:52,520 Speaker 1: oil production, that the outright lie about it, Denying that 356 00:20:52,600 --> 00:20:55,560 Speaker 1: there's a supply chain crisis, claiming they averted it when 357 00:20:55,600 --> 00:20:59,480 Speaker 1: it's still going on today. Denying inflation it's only transitory. 358 00:21:00,000 --> 00:21:02,440 Speaker 1: Think we've hit our peak December of this past December, 359 00:21:02,520 --> 00:21:06,120 Speaker 1: Joe Biden said about inflation not transitory, and it wasn't over, 360 00:21:06,320 --> 00:21:09,600 Speaker 1: didn't peak in December, denying that, you know, everyone predicted 361 00:21:09,600 --> 00:21:12,760 Speaker 1: a winner's surge of COVID. They didn't even have tests available, 362 00:21:12,840 --> 00:21:16,680 Speaker 1: never mind monoclonal antibodies enough for everybody that needed him. 363 00:21:16,760 --> 00:21:20,240 Speaker 1: Denied the Russian invasion of Ukraine was imminent. No one 364 00:21:20,320 --> 00:21:22,560 Speaker 1: knows what Putin's going to do. He was, he was 365 00:21:22,600 --> 00:21:25,520 Speaker 1: building up his forces forever it was obvious what was 366 00:21:25,560 --> 00:21:28,879 Speaker 1: going to happen, you know, embarrassing us repeatedly on the 367 00:21:29,040 --> 00:21:32,479 Speaker 1: world stage, denying that he was ever alerted about the 368 00:21:32,520 --> 00:21:35,680 Speaker 1: baby formula shortage when we have evidence. He was denying 369 00:21:35,720 --> 00:21:39,080 Speaker 1: the mass of spending caused inflation, and now denying we're 370 00:21:39,080 --> 00:21:41,720 Speaker 1: in a recession. He's in a state of denial. I 371 00:21:41,760 --> 00:21:44,600 Speaker 1: don't even think he knows that today happens to be Thursday, 372 00:21:44,680 --> 00:21:47,080 Speaker 1: that's my opinion. All right, let's go do what Mario 373 00:21:47,240 --> 00:21:50,119 Speaker 1: is in New Jersey. Mario, what's going on, sir? How 374 00:21:50,160 --> 00:21:53,080 Speaker 1: are you glad you called? Hey? Hey, good? How are 375 00:21:53,119 --> 00:21:55,320 Speaker 1: you showing? I'm a big good send. Listen to your 376 00:21:55,359 --> 00:22:00,000 Speaker 1: show all the time, you know, looking at this recession number, 377 00:22:00,240 --> 00:22:03,320 Speaker 1: I mean, that's my business. That's what I do. And 378 00:22:03,520 --> 00:22:06,960 Speaker 1: it's that it really is sad that they're promoting this 379 00:22:07,359 --> 00:22:12,280 Speaker 1: as a non issue. Now. You know, the definition of recession, 380 00:22:12,800 --> 00:22:16,720 Speaker 1: pure and simple, is a contraction of two consecutive quarters. 381 00:22:16,720 --> 00:22:20,800 Speaker 1: It's a slowdown in industrial production in the country. But 382 00:22:20,880 --> 00:22:25,200 Speaker 1: this has been brought on Sean from years and years 383 00:22:25,240 --> 00:22:30,760 Speaker 1: of unintended consequences. For the first part, let's talk about 384 00:22:31,160 --> 00:22:35,360 Speaker 1: the federal policy of the Federal Reserve of quantitative easing. 385 00:22:36,000 --> 00:22:39,200 Speaker 1: You know that started at the end of the last 386 00:22:39,240 --> 00:22:42,520 Speaker 1: great recession we had and the FED. For the listeners, 387 00:22:42,600 --> 00:22:46,280 Speaker 1: quantitative easing was the FED going out and buying agency 388 00:22:46,440 --> 00:22:51,439 Speaker 1: bonds and basically supporting you know, low interest rates in 389 00:22:51,560 --> 00:22:55,800 Speaker 1: the economy. So you had low mortgage rates, low car rates, 390 00:22:55,880 --> 00:23:00,000 Speaker 1: and when you look at GDP, that's all tied housing starts, 391 00:22:59,720 --> 00:23:04,720 Speaker 1: all those inventories and capital spending well the way, and 392 00:23:04,760 --> 00:23:06,760 Speaker 1: I think you'd agree with me that housing is about 393 00:23:06,800 --> 00:23:09,240 Speaker 1: to get crushed. Next we're beginning to see the early 394 00:23:09,280 --> 00:23:12,119 Speaker 1: signs of it. Well, it's a bubble without a doubt. 395 00:23:12,119 --> 00:23:14,560 Speaker 1: I mean when you have I mean thirty year interest 396 00:23:14,640 --> 00:23:18,840 Speaker 1: rates on mortgages. Just a year ago, we're below three percent. 397 00:23:19,320 --> 00:23:21,320 Speaker 1: So what it did is it cheapened the value of 398 00:23:21,320 --> 00:23:23,840 Speaker 1: the currency, you know, when you have low interest rates. 399 00:23:23,920 --> 00:23:26,679 Speaker 1: That's the first problem. The second problem is all the 400 00:23:26,760 --> 00:23:29,600 Speaker 1: stimulus that the government's done. I mean, Sean, when you 401 00:23:29,680 --> 00:23:34,280 Speaker 1: look at M two money supplies, going back pre pandemic, 402 00:23:34,680 --> 00:23:37,760 Speaker 1: it was at a fourteen trillion dollar level, and that's 403 00:23:37,800 --> 00:23:41,159 Speaker 1: the highest that's ever been since the Great Recession. So 404 00:23:41,200 --> 00:23:45,199 Speaker 1: they pumped in stimulus all this time. So now the 405 00:23:45,560 --> 00:23:48,280 Speaker 1: you know, the Federal Reserve is looking at you know, 406 00:23:48,400 --> 00:23:51,080 Speaker 1: inflation numbers. But what they don't understand is like we're 407 00:23:51,119 --> 00:23:54,000 Speaker 1: still sitting at twenty one trillion, where now a twenty 408 00:23:54,040 --> 00:23:58,280 Speaker 1: one trillion dollars post pandemic of M two money supplies. 409 00:23:58,520 --> 00:24:01,480 Speaker 1: So as you can see, the value of our currency 410 00:24:01,840 --> 00:24:05,919 Speaker 1: has cheapened significantly over the years. So now we're at 411 00:24:05,960 --> 00:24:08,520 Speaker 1: this we're between a rock and a hard place. Because 412 00:24:08,560 --> 00:24:13,600 Speaker 1: you have skyrocket and costs of durable goods. Consumer confidence 413 00:24:13,640 --> 00:24:17,880 Speaker 1: is cratering right now. That's why, that's why the administration's 414 00:24:17,960 --> 00:24:21,800 Speaker 1: pull numbers are weak. So when you have seven trillion 415 00:24:21,800 --> 00:24:24,879 Speaker 1: dollars flushing around the economy, and I really like to 416 00:24:24,880 --> 00:24:27,439 Speaker 1: know where that seven trillion dollars went, I mean, you know, 417 00:24:27,600 --> 00:24:31,760 Speaker 1: unintended consequences again, the PPP loans, how much of that was? 418 00:24:31,880 --> 00:24:35,120 Speaker 1: Really every point you're making is dead on accurate. Here's 419 00:24:35,160 --> 00:24:38,080 Speaker 1: the bottom line, though, there are things that they could 420 00:24:38,119 --> 00:24:40,920 Speaker 1: do now. I have Biden, I'm sorry, I have Mansion 421 00:24:41,040 --> 00:24:43,399 Speaker 1: on tape. I have Obama on tape, all saying you 422 00:24:43,440 --> 00:24:46,720 Speaker 1: don't raise taxes during a recession. And guess what, we're 423 00:24:46,760 --> 00:24:49,120 Speaker 1: doing the same thing that you know right now. They're 424 00:24:49,119 --> 00:24:51,920 Speaker 1: making the same mistake. I can't even believe Mansion went 425 00:24:51,920 --> 00:24:56,320 Speaker 1: along with this monstrosity. They're raising taxes. Oh, corporations, as 426 00:24:56,320 --> 00:24:59,320 Speaker 1: you know, don't pay taxes. Here's the problem we have 427 00:24:59,680 --> 00:25:01,800 Speaker 1: is now the housing market's going to get hit, and 428 00:25:01,840 --> 00:25:04,600 Speaker 1: it's going to get hit hard, and new home construction 429 00:25:04,680 --> 00:25:07,760 Speaker 1: will stop. It'll come to a screeching halt. Sale of 430 00:25:08,040 --> 00:25:11,680 Speaker 1: existing homes will plummet, values will plummet in the process. 431 00:25:12,000 --> 00:25:15,360 Speaker 1: And anybody that has that three percent mortgage, thirty year 432 00:25:15,480 --> 00:25:18,119 Speaker 1: fixed straight mortgage is never going to give it up 433 00:25:18,160 --> 00:25:21,120 Speaker 1: to move to another a bigger home, a different home, 434 00:25:21,240 --> 00:25:24,479 Speaker 1: but another neighborhood. So everybody's going to be locked in 435 00:25:24,560 --> 00:25:27,160 Speaker 1: from many, many years to come. So I don't see 436 00:25:27,200 --> 00:25:29,840 Speaker 1: an easy fix here at all. And the so called 437 00:25:29,920 --> 00:25:32,400 Speaker 1: soft landing that they always talk about with a recession, 438 00:25:32,480 --> 00:25:35,960 Speaker 1: I don't see any possibility because the one major thing 439 00:25:36,000 --> 00:25:39,879 Speaker 1: that they could do that their climate alarmist cultism will 440 00:25:39,920 --> 00:25:42,159 Speaker 1: never allow them to do is to go back to 441 00:25:42,280 --> 00:25:45,639 Speaker 1: energy independence. They'll never do it. Well, there's a reason 442 00:25:45,680 --> 00:25:48,200 Speaker 1: why they won't do that, because it's, like you said, 443 00:25:48,240 --> 00:25:51,080 Speaker 1: they have a wing of the party that they're kind 444 00:25:51,119 --> 00:25:55,280 Speaker 1: of leaning towards. You know, it is the party, it's 445 00:25:55,280 --> 00:25:57,520 Speaker 1: the whole party. You sure, though, if you look at 446 00:25:57,640 --> 00:26:00,720 Speaker 1: energy prices as a whole right now, I say sixty 447 00:26:00,720 --> 00:26:03,560 Speaker 1: percent of that cost has to do with inflation, because 448 00:26:03,600 --> 00:26:05,680 Speaker 1: it's a trickle down as they like to use the 449 00:26:05,800 --> 00:26:08,920 Speaker 1: term trickle down economics. Well, when you're paying more for gas, 450 00:26:09,000 --> 00:26:12,440 Speaker 1: you're paying more for logistics, you're paying more for energy 451 00:26:12,480 --> 00:26:17,240 Speaker 1: that's being consumed by the by the by thesent of 452 00:26:17,320 --> 00:26:21,520 Speaker 1: businesses that provide us the vegetables, the fruits and the 453 00:26:21,560 --> 00:26:23,760 Speaker 1: meats that we need. So it's all going to be 454 00:26:23,760 --> 00:26:26,720 Speaker 1: passed on to the consumer. But the sad part about 455 00:26:26,720 --> 00:26:28,920 Speaker 1: an issue on if I could just make this last point. 456 00:26:29,400 --> 00:26:32,360 Speaker 1: You know, people like myself, like you, that we were 457 00:26:32,440 --> 00:26:36,760 Speaker 1: comfortable in our lifestyles. This recession is recurrently right now 458 00:26:36,760 --> 00:26:40,000 Speaker 1: in a mild stage. You know, losing less than one 459 00:26:40,080 --> 00:26:43,159 Speaker 1: percent is not big. It's going to stand to be 460 00:26:43,200 --> 00:26:45,359 Speaker 1: seen what's going to happen in the future. But you know, 461 00:26:45,520 --> 00:26:47,640 Speaker 1: I feel for right now. I feel for those American 462 00:26:47,680 --> 00:26:51,920 Speaker 1: peoples that are making fifty thousand dollars a year. They're 463 00:26:51,960 --> 00:26:55,600 Speaker 1: struggling to decide whether they put, you know, a decent 464 00:26:55,680 --> 00:26:57,919 Speaker 1: meal on the table for their kids or they're eating 465 00:26:57,960 --> 00:27:01,760 Speaker 1: cereal for dinner. And that's the part when a guy 466 00:27:01,840 --> 00:27:05,159 Speaker 1: that's working hard to support his family is put in 467 00:27:05,200 --> 00:27:07,919 Speaker 1: that position, and for the government to come out, the 468 00:27:07,960 --> 00:27:10,320 Speaker 1: president to come out and say he hears your paint, 469 00:27:10,359 --> 00:27:13,800 Speaker 1: he sits remember sitting and hearing his dad talk. That's 470 00:27:13,840 --> 00:27:16,600 Speaker 1: all nonsense at the end of the day, because they're 471 00:27:16,600 --> 00:27:19,280 Speaker 1: out of touch. Well, we need we need leadership today 472 00:27:19,560 --> 00:27:21,520 Speaker 1: and we're not going to have it. And let me 473 00:27:21,600 --> 00:27:24,640 Speaker 1: just conclude this by saying, this killing the poor, it's 474 00:27:24,720 --> 00:27:28,400 Speaker 1: killing the middle class, it's killing older people, it's killing people. 475 00:27:28,440 --> 00:27:31,640 Speaker 1: I'm fixed incomes. I think everyone gets the picture. Thank 476 00:27:31,680 --> 00:27:34,280 Speaker 1: you Mario in New Jersey. Appreciate it. Quick break. More 477 00:27:34,280 --> 00:27:36,600 Speaker 1: phone calls coming up, eight hundred and nine four one sean. 478 00:27:36,840 --> 00:27:38,320 Speaker 1: If you want to be a part of the program, 479 00:27:38,359 --> 00:27:42,280 Speaker 1: all of us have to protect our identity. 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You don't want to 497 00:28:39,720 --> 00:28:42,880 Speaker 1: be rob blind, Protect your finances, protect your credit score. 498 00:28:42,960 --> 00:28:46,640 Speaker 1: One eight hundred LifeLock, LifeLock dot com. Save twenty five 499 00:28:46,720 --> 00:28:55,120 Speaker 1: percent off. There already low annual rate. We'll continue the 500 00:28:55,240 --> 00:28:58,280 Speaker 1: final hour roundup is an act. You do not want 501 00:28:58,320 --> 00:29:01,040 Speaker 1: to miss it, and stay two for the final hour 502 00:29:01,200 --> 00:29:07,240 Speaker 1: free for all on the Sean Handity Show. I let's 503 00:29:07,280 --> 00:29:10,800 Speaker 1: get back to our phones. Eight is a number. Matt 504 00:29:10,800 --> 00:29:13,480 Speaker 1: and California. Matt, how are you? How you doing, Sean 505 00:29:13,760 --> 00:29:16,440 Speaker 1: good sir? What's going on? Well? Yeah, I'm a contractor 506 00:29:16,520 --> 00:29:18,920 Speaker 1: here and I just wanted to give you that perspective 507 00:29:19,000 --> 00:29:22,200 Speaker 1: that you know, I think the biggest thing that we 508 00:29:22,200 --> 00:29:24,240 Speaker 1: were running up against and I don't hear it being 509 00:29:24,280 --> 00:29:28,680 Speaker 1: talked about by politicians, and if Trump gets an nomination, 510 00:29:29,160 --> 00:29:32,000 Speaker 1: I hope he starts talking about it is we don't 511 00:29:32,040 --> 00:29:36,560 Speaker 1: have enough skilled workers to accommodate all the positions we 512 00:29:36,600 --> 00:29:40,160 Speaker 1: need to fill. And then you when you start looking at, okay, 513 00:29:40,160 --> 00:29:43,280 Speaker 1: the available workers that we do have, are they strong 514 00:29:43,440 --> 00:29:48,000 Speaker 1: enough physically, of age, mentally you know, proficient, and are 515 00:29:48,000 --> 00:29:50,480 Speaker 1: they not do they not have a problem with drugs 516 00:29:50,560 --> 00:29:53,880 Speaker 1: or alcohol? When you start eliminating all those factors, you're 517 00:29:53,960 --> 00:29:57,200 Speaker 1: left with very few people that are qualified to show 518 00:29:57,280 --> 00:30:01,000 Speaker 1: up to work, that are responsible, honorable, do what they're told, 519 00:30:01,160 --> 00:30:05,200 Speaker 1: can take directions, that are going to do all these jobs. Well, look, 520 00:30:05,280 --> 00:30:07,240 Speaker 1: let me tell you something that you're probably not gonna 521 00:30:07,280 --> 00:30:09,000 Speaker 1: like to hear, but I'll just tell you the truth 522 00:30:09,000 --> 00:30:12,200 Speaker 1: because that's my job. Is this probably isn't going to 523 00:30:12,240 --> 00:30:15,280 Speaker 1: be as big a problem in the in the very 524 00:30:15,400 --> 00:30:19,160 Speaker 1: near future because look, I have so many friends in 525 00:30:19,200 --> 00:30:23,360 Speaker 1: the construction business. Um, they're gonna be you know, with 526 00:30:23,480 --> 00:30:26,000 Speaker 1: They're gonna be exceptions. There's Florida is going to do 527 00:30:26,160 --> 00:30:29,800 Speaker 1: fair much better than New York and California. Um so 528 00:30:30,000 --> 00:30:34,240 Speaker 1: will Tennessee, Souill the Carolina, Soeld Texas. But then Sowell, 529 00:30:34,280 --> 00:30:37,520 Speaker 1: Alabama and states like that, others are not going to 530 00:30:37,680 --> 00:30:40,760 Speaker 1: fare as well. And what you're gonna because all these 531 00:30:40,760 --> 00:30:43,560 Speaker 1: other states are having a mass migration to their states. 532 00:30:43,800 --> 00:30:46,160 Speaker 1: But for all the people that couldn't get a contractor, 533 00:30:46,400 --> 00:30:49,240 Speaker 1: their contractor is going to be readily available in short 534 00:30:49,320 --> 00:30:51,959 Speaker 1: order because new home construction is going to end, and 535 00:30:52,200 --> 00:30:55,880 Speaker 1: corporations aren't going to spend money on construction either, and 536 00:30:55,880 --> 00:30:58,920 Speaker 1: and sale of pre existing homes is going to end. 537 00:30:59,000 --> 00:31:02,200 Speaker 1: So there's going to be They're going to get what 538 00:31:02,320 --> 00:31:04,880 Speaker 1: Laurence Summers says they need, which is a very high 539 00:31:04,960 --> 00:31:09,040 Speaker 1: unemployment number to to cool down the inflation issue in 540 00:31:09,040 --> 00:31:11,400 Speaker 1: the country, but they're still missing the boat when it 541 00:31:11,400 --> 00:31:15,480 Speaker 1: comes to energy. You get the last yeah that I mean, 542 00:31:15,520 --> 00:31:17,480 Speaker 1: you're still going to have people that need, you know, 543 00:31:17,680 --> 00:31:19,320 Speaker 1: termite work and repair work.