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Transcripts for FOXNEWS FOX and Friends 20220113 11:10:00

this inflation cycle. former treasury secretary for barack obama. he said you never should have passed it we didn t need it. not only did we pass it, he said it would get us ahead of this pandemic. he didn t buy tests. he didn t buy therapeutics. we are not ahead the pandemic. inflation is now here. you have your own critics say you are spending so much. guess what joe biden did yesterday. ainsley: is that called saving christmas. brian: he credited the american rescue plan or else inflation would be worse. when you come out and say something so counter intuitive and insulting it makes people just say i m not going to listen anymore. steve: when you think about it. we haven t seen this kind of inflation since 1982. and that s when paul volker was trying essentially to ring the inflation out of the economy with the blessing of rondell reagan who gave him the political backing to do that. so how did reagan get out of the terrible inflation that met him when he went into office?

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