republicans in deep blue states are surging in the polls. we have full coverage ahead on the key races. these are the most important mid-term races possibly in our lifetime. possibly in the history of this great republic. my words cannot possibly convey the urgency i m feeling for the country that we all love. after yesterday s dismal inflation news, another 40-year high, common sense americans are rightly concerned about their future. they are rightly losing confidence in joe biden and the new extreme socialist climate cult alarmist democrats. we have a new a.p. poll out. 46% of our fellow americans consider their financial personal financial situation to be poor, poor. remember, average family is paying $7,200 more under donald trump for the exact same items. bare necessities. now, it was biden and his failed administration. they lied to us. remember, inflation is transitory, transitory. then oh, inflation is now peaked. i think it s peaked. we have zero inflation on the da
they are now surging inwe hav the polls. we have fulle coverage straight ahead on all of these keye th races. these are moste the most importr midterm races, possibly inblic. our lifetime, possibly in the history of this great republic. canmy words could not possibly afnvey the urgency i am feeling for the country that we allerda love, because after yesterday s hismal inflation news, another 40 year high common sensethei americans, they are rightly concerned about their future. ii they are rightly losingn an confidence in joe biden and the new extreme socialist climate cult. alarmist democratsclimate . pol and by the way, we have a new ap poll out. look at this. 46% of our fellow americans consider their financial, personal financial situation toe be poor poor. remember, the average family is paying seventy two hundred dollar0 mores more than they wes paying under donald trump for the exact same items, bare it wa necessities. now, remember, it was biden remehis failed admi
doep gas prices down now on those stories. butwn. didn t someone else get impeached for that? now after the saudis stood up despite his embarrassing courtship, the president s vowinge his em to reassesslationsh our relationship with the oil rich nation. looks like with th was wrong whe said nobody messes with abbud. we find ourselves in a positiona as beggars. posimost powerful country in the world. it s now in a position ofd. having to beg these third ratets countries. eep ga the democrats will do anythings to try to keep gas from increasing before the election. incrhe s going hat in hand to dictatorships like venezuela, pleading with them to produce more oil at the same time that pl s alienating long time partners in places likace saudi arabia and the united arab emirates. if you think the president su done reassuring the saudis to t help him, november, stay tuned for oh, we got a lot to talk to you later. what do you say to. but it doesn t stop there. biden straight up
could make inflation worse. because of my economic plan, we are better positioned than any other major economy in the world to weather the challenges and come through this as a strong iser company. republicans win, inflation if s going to get worse. it s that simple. paul: let s bring in texas congressman kevin brady. welcome, congressman, appreciate your coming in. the president says lots of progress, but wait, look, you ve got the last three months it came down from 9% to 8 and something, now 8.2%, so three months in a row it s gone down, so isn t that progress? yeah, no, it really isn t. and this week we saw, as you know, a double dose of bad if news for families and main street businesses. obviously, wholesale prices are still very, very high, and we know at the end of the day those get passed down to consumers in the future. and, of course, core inflation now hit the highest level in joe biden s presidency. that s a full year after he declared inflation had peaked. h
headline i m intrigue, the novelist in me is intrigued by the headline, describing it as a fire sale. and that connection is quite scary. but as often happens with the economics, and certainly in terms of fiscal situations, one person s fire sale is another person s opportunity. and the ft quotes several private equity firms who are talking about how these economic conditions are actually very attractive for people who want to buy some of those assets, and some of the pension funds will have to deep dig to get more liquid assets like property. but for everyone who s having to make a sale, there s also someone who will have to make a purchase. and that is how the markets operate. and i think what worries me is a former investment banker about what s been happening over the last two weeks is this sense that everything is a snapshot and looking very scary, whereas if you can just hold your nerve and take a step back, and wait for things to settle, what you often find is the ma