Joins us. He is a member of the Small Business in Foreign Affairs committees. Lets start with Small Business. What does it mean to run a Small Business in this country right now at a time of 9. 1 inflation as we found out yesterday russian mark . Guest as a real challenge. I am on the Small Business committee and a Small Business person. Helps us grow into a larger business, but i travel. My district, as do most members. They would tell you the same thing. Inflation is rattling them, and they are working more than ever. Their sales might be off, but they are lucky. But always, the Profit Margins are down. Workforce availability is a real problem, and it will drive people completely crazy. There is a randomness of product coming in. Of supply chain on next and shortages. What we have to do is have a plan. From the vine administration, and since the democrats are currently in charge of the house and set it, it would be nice to have a plan for Small Business on how we could curb inflation. How we will work towards workforce shortages, and what is actually being done for the supply chain. No plan comes out, and that is just adding to the frustration. Instead, on the energy issue, on gasoline, just a few days ago, the president claimed Small Business for gouging. I have a lot of Small Business people in my district to our new very well, and they were highly insulted by the president saying that they were part of the problem and price gouging. Outrageous. The Biden Administration ought to hire a few people from the private sector because basically, they have none. If they knew any better, they would know that a gasoline station basically makes, how they buy the fuel from the rack, they make seven cents, eight cents, at best, and that is gross. Then put in operational costs and pay taxes on it it at four dollars and . 70, that is not even 1 . What does the president expect . To drop four cents and lose money . We have an upside down understanding of things. The sad part is that it doesnt look like its getting better. They are doubling down on a failed strategy. On that point, you talk about a plan. The fed has a plan. The plan seems to be Interest Rate increases. They are up to. 75 . Now there is talk about a full percentage point increase. We have seen that several times out it is that plan working . The fed did not take into consideration the huge shocks to the ministration system that the Biden Administration brought on. That is understating incredible levels of spending trillions of dollars. As well as the assault on our Domestic Energy industry. That was done in a very covert way. Additionally, anyway, the assault on energy. The fed did not understand or know or predict that inflation was going to escalate at that level it did. It continued the stimulus, and it continued bond buying. They didnt raise Interest Rates moderately along the way. Now, we hope they dont overreact. I dont think they should raise 1 . I think they should be far more transparent on where things are going. They should handle things from a fiscal or monetary standpoint in a more moderate way. Admitted inflation, the report yesterday, fears of a potential recession. It was just last friday that we were talking about the betterthanexpected jobs report. Three to 72,000 jobs added in the month of june. Unemployment at a low 3. 6 . Explain why those numbers, and then the inflation number, what is going on . Guest unemployment is a bit of a misnomer for a headache if you will. People are a million less than they were prior to covid in 2019. We still a lot of people who are not working. Therefore, our workforce is low. Therefore, our productivity is lower. Our demand is high. That is because of all of the spending that took place. We have a supply and demand problem. Our demand is very high. Our supplies live. The answer to that from biden is to eliminate the trump tax cuts. To me, businesses and families. That is basically the worst thing that could be done because we should try to meet demand by the supplyside economics to grow, to increase production to meet that demand. That is naturally diminishing. Of course, prices are going so far up. Interest rates are going up. What the fed is trying to do, and invited ms. Trajan has no about any of this at the fed is trying to reach that happy medium. That goldilocks plot without overshooting it. Hopefully, jay powell and the fed folks are paying attention to make that happen to the best of their ability. Host we invite our viewers to join the conversation. 202 7488000 for democrats. 202 7488002 for republicans. 202 7488002 for independence. Lets get your thoughts on the biden trip to the middle east. I dont if you caught the press conference, but he is headed soon to saudi arabia next. President s travel. Thats what they do. But not while we have international and primarily domestic crises at hand. If the president says were at war. President s dont necessarily travel then, unless they are going to solve resolve the war conflict. We have many issues here. We have he is going to saudi arabia. What do we know them for . Oil. Is largely going to saudi arabia for two reasons. One, to pass up all of the rhetoric that was stated. Related to the saudi leadership not taking into consideration all of the other factors in matters that are important to our country and its relationship. Its relationship with israel, with the accords. That is one reason he is going. The others to try and patch things up with them to increase production. What we find outrageous about that is in my district, we are the ninth congressional pennsylvania. We have a tremendous amount of natural gas, and of course, we have huge reserves of oil in the united states, as well. Why is the president choosing saudi arabia over pennsylvania. Why is he choosing to ron. Iran comes into this quite a bit over texas. It is again, it doesnt make any sense. We should be talking about an energy plan here. Not trying to get the saudis to have their own energy plan. What makes matters worse is he stops over and israel. The first thing he does, he talks about this new deal. The israelis are opposed to us getting back into the new deal. What it means is, iran will receive billions of sanctioned dollars if they promise to slow the uranium enrichment leading to weaponizing the uranium. To make matters worse than that, everything that has been done, recently, and i was at the Atomic Energy agency on a congressional trip. There were significant violations made by the iranians during the course of the treaty, and after. The iranians are a pariah on her world. They are the center of terrorism. They are proxying out all kinds of terrorism. We give them money, billions, and that money will be used for that. Its not just the u. S. Is not just israel. Saudi arabia is against it. Dua is against it. Basically, every country is trying to be proand peaceful and move forward. They are against it because they know what iran is. In the abraham accords, think of that for moment, this president wont even talk about it. It was a significant improvement for relations and peace in the middle east. Done by the Trump Administration. Why would this administration feel the need to reverse everything. That is before, and working off of an ideology that has failed. It is not based on reality, it is not based on the facts of the moment. It is it is proving to be a losing initiative. In all respects. On the international front, the domestic front, at least one from the keystone state. The starting keyport, new jersey. Edward, independent, go ahead. Caller two things i noticed. One, at the height of the pandemic, the oil is worth zero what chicken cost a dollar 29. I do understand that. There are a bunch of markets making profits. We are sorted by five or six people, but we dont want to give anyone any money. Those are basically my two observations on this whole inflation worker shortage this experience. Guest i hear you. There are disruptions taking place out there, but it is supply and demand. If you own a ship, and someone says, can you ship my cargo for me, and you said ok, that would be 8,000, per container, then, there are 20 other people on the phone saying hey, i need my container ship. I will pay 20. Eventually, you will start to take the 20. And that is what is happening it because of the supply shortage, because of the desperate need for product, because of the high level of spending that continues to take ways, and very unfortunately, far too much relies on china. That is part of this. Biden is not at fault or inflation, but i think he is 80 at fault for the energy cost increases. He is a good 60 at fault. Some americans rely on chinese goods. When china closes down because it is such a dictatorship of tierney, when it closes down, cities stop covid spread. All of that product that was ordered just stopped coming. That is what is that is a piece of this. These things get the only way to get resolved is not by government coming in and having a heavy hand you do this. It gets resolved through competition. That takes a little while, but we also have to encourage that competition. We need to minimize regulations. Minimize taxes. It definitely helps to bring in competition. Let businesses flourish, and within a reasonable amount of time. Sometimes faster than you can think. Things may start to stabilize. Host allen, republican, good morning. Turn your television down. Talk to your phone. Caller just a second. Host go ahead. Caller i have a problem with the Unemployment Rate. There only counting the people that are collecting unemployment. What about the ones who dont collect anymore and are just sitting at home they dont count in the Unemployment Rate because they are not registered anywhere that they are on weight. They cant get jobs because they dont qualify for the jobs that are available you could have people who are minimumwage workers, or he could have people that are hundred thousand dollars a year. Theyve lost their jobs, so now, those jobs are out there, and they are not included in the Unemployment Rate. Guest thats the way it has always been. There is no math on those looking for work. Versus those who are employed. What you have to do is look at it as you are stating, the number of people who are falling out of the workforce. That is well over one million, and why they are not coming back, that is a good question. Some of it was covid related. Some are looking for a better job. There are a lot of young people that are demanding having a high hybrid position. Or maybe even remote. They can go in a couple of days a week, and work at home, or wherever. That is very hurtful for Small Businesses. Most Small Businesses have to be there. You have to show up it that is another drag on Small Businesses, and some work of corporations. But it all began with excessive levels of spending for rewarding people giving people to afford not to work area many got used to it. What we need to do is as wages go up, productivity goes up. More opportunities that themselves, and we start moving and appropriate direction. Host barbara in baltimore, democrat. Good morning. Go ahead. Well go to richard out of montreal, canada. Up north. Line for republicans. Caller good morning. The fda went to court to block the release of the results of pfizers Clinical Trial for 75 years on their vaccine, and think we a judge refused. Now that the documents are out, it shows appalling information in those documents it lots of injuries and deaths, especially. Pregnant women lost their babies. So my question is, does the republican were the democrats dont want people to know whats in those documents, but are the republicans going to subpoena fda officials and people at pfizer when they take over congress to get to the bottom of this . I think the American People have a right to know what is in those stock ends, when politicians are pushing people to take these obviously unsafe vaccines. Doctors have examined. Guest full transparency is certainly what the American People deserve on relate to our agencies, particularly places like the fda, and relationships with Drug Companies or any medical device. Medical companies. That is very important. Really the same thing with food. Supreme court ruling just came about, related to reining in the epa. Reining in agencies. Not permitting agencies to make regulations that become law. That is the job of congress. That should be a step in the right direction. But i understand what you are saying. Yes. It is our job to do the job, and the American People are demanding information, transparency. We need to be responsive to that. It is the right thing to do, and also because our consist rings are asking for. Ill look into it further to see if theres anything on the docket, when we get majority. We cant take anything for granted. We have to vote republican. Ill look into it, and i will have my staff find out. To find a vaccine safe . Yes. Listen. Not for everybody. Far too many people got the vaccine, and they are our real negative results. Ive vaccinated, i love the booster shot read my whole family has been. I think there is some real positive. But go to your doctor and have that discussion with them. It is frustrating to the American People. If you had covid, you are good. Good meeting you dont necessarily need to have a vaccine. Therapeutics were discarded along the way. That was frustrating to many people. Why would those there today be something that should be considered . With poor leadership along the way, it was not a new vaccine. You can date back to the polio shot and chickenpox and everything else. They went through the same thing then. I am operation warp speed was fantastic, and i think for those the doctor, the vaccine is in the best interest. We have a problem. We jump in the military. Those asking for exemptions. Military demand, national guard. Some people are going to have to leave the military because of that. Meanwhile, young men and women are very often 21 or 22, maybe 30. They have had it. Have had the immunities. Have what they feel is a religious exemption. I think we can be more understanding in this regard. Sometimes we are not. Host nate, tallahassee, independent. Caller i have two points to make. Hopefully dont cut me off. First of all, the inflation rate is wrong, the way you did on the air. You calculate it as yearoveryear as post a month or month over order to corporate if you look at those were warts, from quarter to quarter it was only 5. 9 . That came out last week. What we do, is you do it yearoveryear, and you are overstating the rate of nation. I just expect real rate of inflation to go off of the g dp or cpi, much lower than you are stating. 1. 3 percent increase from may to june. Nine point 1 over the last 12 months. If youre looking for a visual audit, this is the front page of the wall street journal showing the rate increases over the past three years. You can see the direction of that. Youre talking about the core cpi, which is food and energy costs. That is the dotted line here it by. 9 . Is my fear that the Federal Reserve will use that yearoveryear, overstating inflation, and overreact with Monetary Policy by raising Interest Rates. One other thing. The gentleman you have on there now is a republican. I understand that. But what is happening is, remember, everything is about biden and the dems tracks democrats. This is about politics. Take what he says with a grain of salt. It is about policy, and its not because it is biden. I believe in national security. I believe our borders should be far more secure than they are. The vine administration does not. Disaster theyve done nothing to act that are making it worse. I think we should be charging Domestic Energy. I think we should be energy independent. Clearly, the Biden Administration is on the opposite side of that. They are on the assault. They want to issue permits. Barack obama was far smarter and engaged in our Domestic Energy industry than the Biden Administrations. They are following an ideology. It is like go green or else, fast. Lets go green, but we need to transition. I believe in progrowth economic strategies. I believe we can keep inflation low with less, and more enterprise, more fiscal attacks, reductions, so people can keep more money, buy more, have more incentive to work, and have more incentive to produce, to fulfill those jobs. I believe in america. I dont believe we should consider lowering tariffs on china right now, like the Biden Administration is considering. That is just a few examples. I think the Biden Administration , what they did in afghanistan, was on gay disaster. Im going to tell you this. If the Trump Administration or bush or whoever have been in there, you call it like you see it. I am a republican because most republicans believe what i laid out, and frankly, at this point time, most democrats dont. It really comes down to policy. It is not whether or not i favor one side or the over. I favor policy in the interest of the most number of americans possible. Frankly, the world at large. They need American Leadership from a military standpoint and an economic standpoint. We dont do it. Someone else will fill that void. I dont think any country wants to see that. To the sub scanner waiver near scranton. Pennsylvania, steve, republican. Good morning. Thank you for taking my call. I am a republican, and i am a concerned republican because i believe the party is taking for granted the ability to sweep the house, and possibly the senate. I dont see that happening. Im worried about that. I think too much time is being spent on what is going to be donald trump. I think donald trump has to be put in the rearview mirror. He did what he did. Its over with. We have a future. The republicans really have to get together, all of them, and work for that future. If youre going to let this substance of trump people dictate what might happen, were going to lose in november. Were going to lose in november and never went after that. Who do you think is the future of the republican already in 2024 . I would like to think we dont know yet. Id like to think that the future of the Republican Party is somebody who is unknown to us now but because any person out there right now is going to bring baggage with them that is going to separate them from the party. We have to Work Together as a party to find that person. Not just throughout names that have been thrown out for years and years. But to actually find a new person who can lead us and who can make us a party that will lead the country and the world for the next two decades. The final minute. Thats needed. I look forward to that as well. Unfortunately, i will go back to biden. He failed terribly from a policy standpoint. From a blaming standpoint. That is just not flying, all of this blaming that takes place, and exceeds making, and harry truman said the buck stops here. Joe biden says, pass the buck. That happens almost every day. By the way, that is my adopted hometown. I spent a lot of time there. I live outside of it. But look. We need to deliver read plan for the American People. We need to deliver. We need to execute. We all need to be rowing in the same direction. We need all republicans and lets face it, we are winning a lot of state races in pennsylvania, a lot of democrats are voting with republicans, and the traditional democrats, they are not a neodemocrat party. It is completely illogical and far left. They care about people, they care about the trade in many cases, as do we. They care about working families. They care about advancing. Think about the quality of life and lower crimes. They care about supporting our police. We have to do that. That is the group that is coming together, and we have to deliver. We cant just be all work. I was in business for 25 years. We saw that results are the only thing. We are i will at this. Kevin mccarthy and Steve Scalise will be the leadership, and mccarthy will be our speaker. Steve scalises or majority leader. They will have a plan, commitment for america, and we are going to execute on that plan, and it is going to be in the interest of all the provisions of this, and it will be very serious about national security, about smart military strength, and great formulations, working with our allies, also, having the most competitive economy in the world and the best place to own and be part of a business. We can do it. I think it has been done before, we have had jimmy carter, and weve had Ronald Reagan now, we have joe biden. I think compared to jimmy carter, were going to have some sort of superman if the rebound is going to be dramatic. Were going to have abraham lincoln, Ronald Reagan, Theodore Roosevelt combination. To make up for this. Any interest in saying who you would like that person to be . I want the person to be someone who can articulate a plan, who has experience and a record that shows theyve done it before, and love america, and have a way of making sure it matters. America loves them. So whoever that might be, listen. There is no question, president trump, he did a lot of tremendous things. Between a Strong Military he may be, he may come out in the the candidate, but there are others out there as well. People like ron desantis come to mind. But there others. The first thing we are going to do is when the majority in the house because this is very crucial. There indebted to the wrong direction. We have articulated some of those policies. It is the wrong direction. We could secure the border. We can lower the price of gasoline and be more energy independent, which is not just an economic and issue, it is a security issue. We can help Small Businesses. That is as weve discussed earlier. Predictability and growth. And, we could bring a feeling of american patriotism back, because that matters to us. The constitutional belief in what weve established 246 years ago, what is going to what will be the future for children. But for our age, that is what we think about. Today matters, but tomorrows matters more. That is why i am here, and hopefully i can play a part. Republican from pennsylvania. A member of the