John Kennedy: Biden is like a 'hog on ice' when it comes to economics

THE VAC RAMASWAMY, THANK YOU FOR JOINING US TONIGHT. BETWEEN HIS ENDLESS RECKLESS SPENDING AND SOARING INFLATION, BIDENOMICS IS CRIPPLING OUR ECONOMY AND AMERICANS' WALLACE. IT HAS NOT STOPPED JOE FROM HIS PLAN. HERE'S WHAT HE SAID TODAY. >> SINCE I HAVE BEEN IN OFFICE, WE'VE BEEN CARRYING OUT MY ECONOMIC VISION. [FEEDBACK] [LAUGHTER] ALL RIGHT. CARRYING OUT MY ECONOMIC VISION FROM TRICKLE-DOWN ECONOMICS TO WHAT EVERYONE IN "THE WALL STREET JOURNAL," THE "FINANCIAL TIMES" IS CALLING BIDENOMICS. GROWING THE ECONOMY FOR THE MIDDLE OUT ON THE BOTTOM UP. >> Jason: HERE WITH REACTION IS LOUISIANA SENATOR JOHN KENNEDY. SENATOR, THANK YOU FOR JOINING US. ASSUMING EVERYBODY UNDERSTANDS IF YOU HAVE A TECHNICAL GLITCH BUT BIDENOMICS, THAT'S NOT A TECHNICAL GLITCH. THAT'S ON PURPOSE. >> WELL, JASON. HERE IS A COLD UNFORTUNATE DISH OF TRUTH. PRESIDENT BIDEN'S NUMBER ONE A COMPLIMENT SINCE HE HAS BEEN PRESIDENT IS TO LOWER THE STANDARD OF LIVING AND QUALITY OF LIFE FOR MOST AMERICANS. HE'S A NICE GUY BUT WHEN IT COMES TO ECONOMICS, PRESIDENT BIDEN IS LIKE A HOG ON ICE. IT'S NOT COMPLICATED, THE UNITED STATES IS THE LARGEST ECONOMY IN THE WORLD AND WE HAVE THE LARGEST GOVERNMENT IN THE WORLD AND FOR 20 MONTHS, GOVERNMENT HAS BEEN GROWING FASTER THAN THE ECONOMY. THAT'S INTENTIONAL. THAT'S WHAT PRESIDENT BIDEN WANTS. IT'S CAUSED INFLATION. I THINK HISTORY WILL RECORD THAT AT LEAST THUS FAR JOE BIDEN IS AN INFLATION MACHINE. NOW, THE WHITE HOUSE DENIES ALL OF THIS. THEY DON'T WANT TO THE PRESIDENT TO TALK ABOUT INFLATION. THAT'S WHY THEY'VE INVENTED BIDENOMICS. AND HERE'S THE ARGUMENT OF BIDENOMICS. YOUR 401(K) CRASHED AND YOU HAVE TO SELL BLOOD PLASMA IN ORDER TO GO TO THE GROCERY STORE BECAUSE THE ECONOMY IS SO GOOD. IF YOU BELIEVE THAT, YOU SHOULDN'T BE DRIVING, AS LINDSEY GRAHAM SAYS. THERE ARE ONLY TWO WAYS TO GET CONTROL OF THE INFLATION. DOOR NUMBER ONE IS THE FEDERAL RESERVE RAISES INTEREST RATES TO 8% OR 9%, WHICH WILL CRASH THE ECONOMY AND PUT MILLIONS OF PEOPLE OUT OF WORK. DOOR NUMBER TWO IS TO HAVE THE FEDERAL RESERVE RAISE INTEREST RATES SLIGHTLY MORE BUT HALF THE PRESIDENT AND MY DEMOCRATIC COLLEAGUES IN CONGRESS REDUCE THE RATE OF GROWTH OF SPENDING AND DEBT ACCUMULATION. THOSE WERE THE ONLY TWO CHOICES. >> Jason: SENATOR, ISN'T ONE OF THE OTHER CHOICES -- I AGREE WITH BOTH OF THOSE. I THINK YOU NEED TO DO ONE OF THOSE. BUT IT COULD ALSO DRIVE DOWN THE COST OF GOODS BY BEING AN ENERGY INDEPENDENT NATION. IF YOU DON'T CONTROL ENERGY. IF YOU HAVE THE RAPID RISE OF ENERGY COSTS, EVERY SECTOR OF OUR ECONOMY, IT HURTS. THAT'S ONE OF THE ROOT CAUSES OF THIS INFLATION. IT WASN'T THE WAR IN UKRAINE AND PUTIN'S FAULT. IT WAS THE IDEA THAT WE STOPPED PRODUCING ENERGY IN THIS COUNTRY, RIGHT? >> THAT WAS PART OF IT. WE HAD A SHOCK TO THE WORLD ECONOMY WHEN THE SUPPLY OF NATURAL GAS AND OIL WAS CUT SHORT. WE WEREN'T READY. BECAUSE PRESIDENT BIDEN HAD SACRIFICED AMERICA'S ENERGY INDEPENDENCE ON THE ALTAR OF WOKEISM. BUT ENERGY IS PART OF INFLATION BUT IT'S NOT THE ONLY PART OF IT. WHAT'S CAUSED INFLATION IS TOO MUCH MONEY CHASING TOO FEW GOODS CAUSED BY FEDERAL SPENDING. >> Jason: AMEN. TOTALLY AGREE. I WANT TO GET YOUR TAKE, SENATOR, ON COCAINE AT THE WHITE HOUSE. WE DON'T SEEM TO GET STRAIGHT, CONSISTENT ANSWERS. ARE YOU GOING TO BE ABLE TO UNDERSTAND WHAT'S GOING ON WITH THIS INVESTIGATION? MY GUESS, JUST A GUESS, THE UNITED STATES SECRET SERVICE ALREADY KNOWS HOW THIS HAPPENED. THEY JUST HAVEN'T TOLD US YET. >> WELL, I HAVEN'T SEEN THE NEWS TODAY. DID THEY FIND MORE BLOW IN THE WHITE HOUSE OR ARE WE STILL TALKING ABOUT THE FIRST STUFF? LOOK, I'VE BEEN IN THE SITUATION ROOM. THERE ARE CAMERAS EVERYWHERE. AND PRETTY SURE THE SECRET SERVICE NOSE. I DON'T KNOW. I DON'T KNOW WHO DID IT. I DON'T KNOW WHO'S BLOW IT WAS. I PROBABLY SHOULDN'T SAY THIS. BUT IF MY RECORD WAS AS BAD AS THIS WHITE HOUSE'S RECORD, I WOULD PROBABLY GIVE MY STAFF BLOW TOO. I'M ONLY KIDDING. THEY'LL GET TO THE BOTTOM OF IT. FRANKLY, I'M NOT SAYING IT'S NOT SIGNIFICANT. IT'S NOT EARTHSHAKING. >> Jason: YEAH. THEY CAN MAKE IT A MUCH BIGGER STORY BUT THEY CAN ALSO DISMISS IT. BY CONCERNED ABOUT THEIR CONTINUING TO MORPH THEIR STORY. IT CHANGES. IT WAS FOUND HERE. THAT IT WAS FOUND THERE. THAT WAS FUN OVER THERE. IT SEEMS AS IF IT'S BEING SPUN AS A DIFFERENT STORY THAN IT ACTUALLY IS INSTEAD OF JUST DEALING WITH THEM DIRECTLY. >> WELL, I SAID THE OTHER NIGHT. IT'S NEVER THE CRIME. IT'S THE COVER UP THROUGH THE WHITE HOUSE COULD HAVE HANDLED THIS REALLY SIMPLY BY SAYING HEY, THE SECRET SERVICE FOUND SOME COCAINE IN THE SITUATION ROOM. WE DON'T KNOW HOW IT GOT IN HERE. BUT MY GOD WERE GOING TO FIND OUT. AS SOON AS WE FIND OUT WHO'S BLOW IT IS WE'RE EITHER GOING TO FIRE THEM AND/OR PROSECUTE THEM. WE'LL LET YOU KNOW. THEN TELL THE AMERICAN PEOPLE THE TRUTH. THIS WHITE HOUSE DOESN'T DO THAT. I DON'T KNOW WHETHER IT'S CONTEMPT FOR THE AVERAGE AMERICAN. THEY THINK THEY CAN STONEWALL AND TALK THEIR WAY OUT OF ANYTHING INSTEAD OF LOOKING THE AMERICAN PEOPLE IN THE EYE IN FRONT OF GOD AND COUNTRY AND SAY YEAH. SOME CHOWDER HEAD BROUGHT SOME BLOW INTO THE WHITE HOUSE. IF WE'RE GOING TO FIND OUT WHO IT IS AND TAKE APPROPRIATE MEASURE AND WILL KEEP YOU POSTED. >> Jason: WELL, THEY NEVER DO

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Id: d6diUJp6lpk

Length: 7min 22sec (442 seconds)

Published: Sat Jul 08 2023