WEBVTT - Donald Trump Can't Blame Joe Biden For His Mess | Steve Schmidt

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<v Speaker 1>Milania is back so thoroughly rattled by John Ossoff. Wherever

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<v Speaker 1>her undisclosed location is, she's jetted.

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<v Speaker 2>In good afternoon.

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<v Speaker 3>I heard you missed me.

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<v Speaker 2>Here. I am.

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<v Speaker 3>Welcome to the White House.

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<v Speaker 1>It is Friday, August twenty first, twenty twenty six, and

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<v Speaker 1>the greatest collection of American losers in history is at

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<v Speaker 1>their excuse making again explaining away. The golden age they

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<v Speaker 1>promised was at hand last week, we're the week before.

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<v Speaker 1>But none of that matters, you say, when something goes wrong,

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<v Speaker 1>anything anywhere, but particularly those things that Donald Trump is

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<v Speaker 1>responsible for, it is always somebody else's fault when things

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<v Speaker 1>don't work out, like Trump's lost war with Iran, the

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<v Speaker 1>imploding American economy, but also the debt forty trillion dollars

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<v Speaker 1>of debt, and the Republican Party is the limited government party.

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<v Speaker 1>These people are the greatest and most profligate spenders in

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<v Speaker 1>world history.

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<v Speaker 3>Times ten. This is the warning.

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<v Speaker 1>There has never been an orgy of spending like what

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<v Speaker 1>we have witnessed during this corrupt Trump presidency. It is unprecedented.

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<v Speaker 1>Trump personally makes billions while beggaring the country and saddling

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<v Speaker 1>future generations with his debt forty trillion dollars, And just

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<v Speaker 1>to understand what the difference is between a million, a billion,

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<v Speaker 1>and a trillion, which most people don't and can't comprehend

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<v Speaker 1>because the numbers are so big. A million seconds twelve

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<v Speaker 1>days from now, A billion seconds that's thirty two years

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<v Speaker 1>from now. A trillion seconds is thirty two thousand years.

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<v Speaker 1>That's the difference between a billion and a trillion. This

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<v Speaker 1>is big government conservatism. Donald Trump wants to peer in

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<v Speaker 1>through your bedroom window. The government wants a seat in

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<v Speaker 1>the birthing room. They want to be there at the

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<v Speaker 1>moment of death. They want to ride shotgun through all

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<v Speaker 1>moments of life. The socialism that Donald Trump supports has

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<v Speaker 1>taken a position in forty different companies. I remember when

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<v Speaker 1>Republicans believed in the American free enterprise system, but not

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<v Speaker 1>these guys. And by the way, none of it is

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<v Speaker 1>working and everybody knows it. And Donald Trump's numbers are collapsing.

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<v Speaker 1>So let's look at all of the presidents desperate sycophants

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<v Speaker 1>trying to spin away his failure.

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<v Speaker 3>Scott besst the.

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<v Speaker 2>Forty trillion dollar market we passed for the national debt,

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<v Speaker 2>which you comment on that and how do.

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<v Speaker 3>We reverse that.

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<v Speaker 2>Yeah, Look, the forty trillion is a big number. It

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<v Speaker 2>is smaller when we look at a publicly traded amount

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<v Speaker 2>because our sales security funds and other government entities hold

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<v Speaker 2>a substantial amount. And what we're going to do, We're

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<v Speaker 2>gonna have to grow our way out of this. And

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<v Speaker 2>as I talked about at G twenty in Asheville, we

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<v Speaker 2>are going to talk about the US growth strategy and

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<v Speaker 2>encourage the rest of the world to come along with us.

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<v Speaker 2>We are also I announced that Director Russ Vote and

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<v Speaker 2>I have been tasked with looking at fiscal consolidation. I

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<v Speaker 2>think the numbers have are not the actual numbers. Now

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<v Speaker 2>we've had to do substantial tariff refunds to the court ruling,

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<v Speaker 2>but they with the Section three oh one terraff, I

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<v Speaker 2>am confident that we will be back to the same

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<v Speaker 2>level if not hire of tariff income for last year.

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<v Speaker 2>And that is most of the increase in the deficit.

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<v Speaker 2>And remember we did not get here in a day

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<v Speaker 2>that we were left with a mess. The Biden administration

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<v Speaker 2>had the highest deficit to GDP in history when we

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<v Speaker 2>weren't at war or weren't in a recession. For twenty

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<v Speaker 2>twenty five, we brought it down by more than a percent.

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<v Speaker 3>JD. Vans.

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<v Speaker 4>Even though the debt is to I, even though we

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<v Speaker 4>inherited this debt bomb for the Biden administration, we actually

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<v Speaker 4>do have a plan to get the economy growing faster

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<v Speaker 4>than the debt. And that's the most important thing. The

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<v Speaker 4>issue that we've had under the Biden administration and what

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<v Speaker 4>we're still kind of dealing with, is that the debt

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<v Speaker 4>was growing faster than American GDP.

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<v Speaker 3>That's the problem.

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<v Speaker 4>That's something that we're certainly fixing every single day in

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<v Speaker 4>the Trump administration.

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<v Speaker 3>But you know, even though.

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<v Speaker 4>The media doesn't cover this, I'm glad you're asking this

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<v Speaker 4>question because Scott Vesant.

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<v Speaker 3>Is very much on top of it.

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<v Speaker 4>He knows it's a problem, and he's got the president's

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<v Speaker 4>empowerment to do something about it.

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<v Speaker 3>Of course, Steven Miller.

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<v Speaker 5>It seems like the legacy media will never tell the

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<v Speaker 5>story about the crazy left or what the president does.

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<v Speaker 5>Why because the legacy media, Sean, is fundamentally corrupt. They

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<v Speaker 5>are an extension of an arm of the Democrat Party. Honestly, Sean,

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<v Speaker 5>the media, the.

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<v Speaker 6>Legacy media like CBS and ABC and NBC and every

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<v Speaker 6>other legacy outlet exists to serve and advance the interests

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<v Speaker 6>of the Democrat Party. Throw in New York Times, throw

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<v Speaker 6>in Washington Post, throw in The Atlantic. They should all

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<v Speaker 6>be required to register as a Democrat political action committee.

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<v Speaker 1>Once again attacking the First Amendment, he wants media companies

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<v Speaker 1>to register as Democratic super packs.

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<v Speaker 3>I don't know.

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<v Speaker 1>I hate to agree with Steven on one thing, but

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<v Speaker 1>he's right about their corruption. Corruption serves his interests, not yours.

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<v Speaker 1>Never forget that, and never forget that. Donald Trump is

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<v Speaker 1>the world's greatest victim. Nothing is his fault. Everybody else

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<v Speaker 1>is always to blame. Always Biden, Biden, Biden, Biden, Biden, Biden, Biden, Biden, Biden,

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<v Speaker 1>as if reciting the word is a magic hero all.

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<v Speaker 3>Biden did it. Biden did it, Biden did it. No,

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<v Speaker 3>Trump did it.

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<v Speaker 1>And Scott Bessent, though rich and smug, obviously, isn't that

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<v Speaker 1>right because he gave away something that well, it's quite obvious.

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<v Speaker 1>Back when we weren't at forty trillion in debt, we

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<v Speaker 1>weren't at war.

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<v Speaker 3>But now we are at war. How did that happen? Hmm?

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<v Speaker 1>The Trump presidency is the most spectacular failure in the

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<v Speaker 1>history of the country. It's the worst president in American history,

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<v Speaker 1>is the corrupt, the most incompetent, and the American economy

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<v Speaker 1>is ticking down till that moment where the Great Ai

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<v Speaker 1>bubble explodes and it all goes kabo. That day is coming,

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<v Speaker 1>and when it does, it will not be Joe Biden's fault.

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<v Speaker 1>It will be Donald Trump's fault and the fault of

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<v Speaker 1>the American people who voted for him. This is the warning.

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<v Speaker 1>I'm Steve 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, blunt,

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

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

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<v Speaker 1>including badges and free content and more.

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<v Speaker 3>Thank you for your support.

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<v Speaker 2>A