after saying that sandra: they can t afford a $400 emergency. the americans are not getting relief from college loans, those are not the americans they are talking about. they will not get $7,500 to get an e.v., because they are not the ones they are trying to help. those are the americans they are crushing with their band aid. listen, fitch did it all. when fitch downgraded the rating to aa, that was the ultimate wake-up call for the american public. making it too expensive and the success that s looking we have out there, that s a mirage. that s $6.7 trillion fade away. it s going to fade away. it s money that is borrowed time, $6.7 trillion given out, pushed into the public, it was not earned. sandra: that s what kevin o leary is saying, until we acknowledge the spending problem we are not going to acknowledge listen. no way to sugar coat this at all. it s bad.
our economy, it s just almost an experiment. and, you know, when i tell people sort of like imagining your house catches fire. what happened was the fire was all that money $6.7 trillion, hall of fame of that we did not need. we simply did not need as a country. president biden poured it into the country anyway and sparked run away inflation. inflation we haven t seen in a generation. it s powell s job to put out the fire. anyone knows it s great when you see the firemen coming but they do a lot of damage, too, right? the bigger the fire the more damage, the more broken walls, broken windows, broken furniture water log damage and americans are caught between this. our finances, our hopes, our future we re caught in the middle of this. here is the real, real problem. they are still pouring gasoline on this. steve: got to get it down to 2%. charles: gasoline part. the inflation part. president biden is pouring money into an economy that doesn t need it. still trying to pick winners a
teacher, there would ve been issues stated. i would have loved to seen an apology towards the disability community from her and her network for the damage they have caused. no word yet on that apology from nbc. the election just three weeks away, candidates and some of the country s biggest races squared squared off to win over voters in utah a month ohio. the good of the most dangerous thing in georgia is four more years of brian kemp. miss abrams doesn t want to talk about her own record. the call for tax cuts in the short term to put money in people s pockets. when you propose it, it is a gimmick. your timing congress congress you voted to raise taxes $6.7 trillion. this is troubling. it s also entirely consistent with your adopted political party. senator lee has been doing
it saved the economy. but it he no longer has the squads of the world or 18 to 34 because they wanted to socialize the economy. look at the numbers they were going to do and things build back better was going to achieve. at least would have been in further debt and inflation worse. the democrats could say i ll support joe biden and the party because they are doing what they said. they didn t get done what they said they were going to do. what they did do is half measures. the economy, coming out of the pandemic, should have been on the right track instead spent 6.7 trillion, we re looking at debt and inflation. the president doesn t even have a strategy to attack. pete: overall he has got the he has managed to achieve the larry byrd approval rating. 33, amongst hispanic s 26. young people 26 even younger 19% of support. so you laid out the inflation and the policy and that s tru t. but then add on top of it the demoralization of something like afghanistan and just the wandering and
disparity in march, where is it going to be in november. brian: it s going to be up. and study some of this from the 1970s and 1980s, and what ronald reagan tried to do, cut taxes, make the dollar worth more. right now we are adding toner to the printer. we printed 6.7 trillion worth of money and put into the system unearned. we have to find a way to pull it back responsibly, at the same time you cut taxes, at the same time you cut spending. and let s get that dollar worth more. ronald reagan came out with the dollar and said we have to make this worth more, and that s how i plan to do it. not talking down to the american people but saying we have a plan to attack 20% interest rates and inflation that was in double figures. things look glum and the things did not work initially. but as you know, reagan s