Jesse Watters: Consumer spending is ASTRONOMICAL
. IT'S 5:00 IN NEW YORK CITY AND. THIS IS THE FIVE. VOTERS BEWARE, THE OG. AFFORDABILITY ARSONISTS ARE AT. IT AGAIN. DEMANDING THEY GET TO PUT OUT. THE FIRE THEY HELPED START AND. ASKING YOU TO HAND BACK THE. MATCHES. CHECK OUT THIS PIECE IN THE WALL. STREET JOURNAL. THE AFFORDABILITY DEMOCRATS, YOU. HAVEVE TO BE KIDDING. SO WHAT ARE DEMOCRATS NOW. PROPOSING TO IMPROVE.
AFFORDABILITY? MORE OF THE SAME POLICIES, MORE. SPENDING ON WELFARE AND. AFFORDABLE HOUSING. MORE GREEN ENERGY SUBSIDIES, MORE HEALTH CARE REGULATION AND. HIGHER MINIMUM WAGES NATIONWIDE. BUT HAVE NO FEAR, HAKEEM JEFFRIES IS TRYING TO. CONVINCE VOTERS IT WILL ALL BE. DIFFERENT NEXT TIME AROUND. WE'LL TALKING LIKE A ROBOT WORK? >> HOUSING, COST, GROCERY COST, UTILITY COST, CHILD CARE COST.
AND HEALTH CARE COST HAVE ALL. GONE IN THE WRONG DIRECTION. THIS IS A DIRECT RESULT OF. POLICIES ENACTED BY DONALD TRUMP. AND REPUBLICANS IN CONGRESS. THE AMERICAN PEOPLE HAVE HAD. ENOUGH. OUR MESSAGE TO THEM IS THAT HELP. IS ON THE WAY. >> Emily: WE ALL KNOW. OBAMACARE DID A NUMBER ON. AFFORDABILITY. DR. ABDUL HAS A PRESCRIPTION FOR.
JACKING THE COST UP FURTHER, IF. HE WINS THE SENATE SEAT IN. MICHIGAN, ALL WITH HIS MEDICARE. FOR ALL PLAN. >> WE TALK ABOUT AFFORDABILITY, THINK ABOUT YOUR BUDGET EVERY. MONTH. WE DON'T THINK ABOUT IT THIS WAY. BUT YOUR PREMIUM IS ONE OF THE. BIGGEST TICKET ITEMS THAT GETS. TAKEN OFF THE TOP OF YOUR. PAYCHECK. IF THEY WANT TO RAISE YOUR. PREMIUMS 15%, YOU'VE GOT NO. CHOICE BECAUSE IT LITERALLY IS. LIFE AND DEATH. HOW ABOUT WE START THERE. IF YOU'RE SERIOUS ABOUT. AFFORDABILITY, LET'S START. THERE. IF YOU'RE SERIOUS ABOUT LIFE AND. DEATH, START THERE. >> Emily: WITH WORN OUT.
SOLUTIONS, PRESIDENT TRUMP HAS. ACTUALLY IMPLEMENTED THE FIX. THE QUESTION IS, WILL WITT. RESONATE? >> WE ARE DOING GREAT. WHAT WE ARE DOING POORLY IN, WE. ARE NOT GETTING THE WORD OUT. THAT'S WHY I'M GOING TO BE. MAKING -- I. THOUGHT I WAS. FINISHED CAMPAIGNING BUT IN. ORDER TO HELP REPUBLICANS. BECAUSE WE NEED THE VOTES, WE. HAVE TO HAVE THE VOTES, OTHERWISE WE HAVE THESE LUNATICS. WITH OPEN BORDERS. >> Emily: IS THIS GOING TO. WORK FOR THEM? >> Kennedy: FOR THE DEMOCRATS? ONLY IF THEY ARE HONEST. IF THEY ARE HONEST AND HELP IS.
ON THE WAY, THAT MEANS THEY ARE. GOING TO CUT SOME OF THESE. GOVERNMENT PROGRAMS WHICH HAS. MADE HOUSING AND HEALTH CARE AND. HIGHER EDUCATION, THE THREE H'S, MUCH MORE EXPENSIVE THAN THEY. WERE BEFORE GOVERNMENT STARTED. SCREWING AROUND WITH THE ENTIRE. PROCESS. EVERY TIME A PROGRESSIVE COMES. IN AND SAYS WE ARE GOING TO. BUILD A NEW GOVERNMENT PROGRAM, A NEW ENTITY, YOU CAN BET ON. KALKI THAT WHATEVER THEY ARE. PLANNING ON HELPING, IT WILL BE.
TWICE AS MUCH IF THEY ACTUALLY. SHOEHORN WHATEVER PROGRAM THEY. ARE TALKING ABOUT THROUGH. CONGRESS. ALL YOU HAVE TO DO IS LOOK AT. THE STATES WHERE THEY'VE BEEN SO. HELPFUL AND RAISE THE MINIMUM. WAGE. STATES LIKE CALIFORNIA AND. NEW JERSEY AND NEW YORK WHERE. UTILITY COST THAT HE WAS TALKING. ABOUT ARE MORE THAN TWICE AS. MUCH AS PLACES LIKE TEXAS AND. FLORIDA. AND GAS IS MUCH MORE EXPENSIVE. IN CALIFORNIA. IT'S NORTH OF $6 A GALLON, OVER. $8 A GALLON FOR DIESEL AND.
THAT'S BECAUSE THEY HAVE ALL OF. THESE GOVERNMENT IMPOSED ENERGY. REGULATIONS TO MAKE THIS STATE. MORE GREEN. THE ONLY GREEN THAT'S HAPPENING. IN THIS STATE IS THE GREEN. THAT'S LEAVING WHEN PEOPLE WHO. ACTUALLY HAVE MONEY CAN GO TO. PLACES WHERE THERE IS A LOWER. MININIMUM WAGE BECAUSE THE COSTF. THAT ARE NOT HANDED DOWN TO. PEOPLE WHO REALLY ARE LIVING. PAYCHECK TO PAYCHECK AND PLACES. WHERE THERE IS NO STATE INCOME. TAX. IT'S VERY INTERESTING BECAUSE. LOWER UTILITY PRICES TEND TO.
FOLLOW THAT ECONOMIC PLAN, WHICH. ALSO, IT SHOWS YOU WHAT LIMITED. GOVERNMENT CAN DO. WHEN GOVERNMENT GET OUT OF THE. WAY, PEOPLE ACTUALLY BENEFIT. FROM IT ECONOMICALLY. BUT PEOPLE LIKE HAKEEM JEFFRIES. AND ABDUL EL-SAYED, ALL THEY. WANT TO DO IS MAKE GOVERNMENT. BIGGER, WHICH MEANS IT WILL. ENCROACH MORE AND MORE ON YOUR. FREEDOM THAN YOU CAN KISS YOUR. GREEN GOODBYE. >> Emily: THE SCRIPT STAYS THE. SAME. GAS UNDER PRESIDENT TRUMP IS. STILL LESS THAN THE AVERAGE GAS. PRICE UNDER BIDEN.
BUT TO THE DEMS, IT'S CRISIS ALL. OF HIS MAKING. >> Emily: FIRST TERM TRUMP, LOW GAS PRICES, INFLATION, HOT. STOCK MARKET, BIG WAGE GAINS AND. THEN COVID CAME. SO BIDEN COMES OVER AND HE. SPENDS TRILLIONS OF DOLLARS AND. SENDS INFLATION CUMULATIVELY 21%. OVER FOUR YEARS AND THEN HE LETS. IN THE THIRD WORLD AND IT JACKS. UP THE RENT IN ALL OF THESE BIG. CITIES AND OBAMACARE DOUBLES. PREMIUMS. SO TRUMP GETS BACK IN AND FIRST. THING HE DOES IS START THE TRADE.
WAR THE TRADE WAR HAS NOT. AFFECTED INFLATION THAT MUCH. IT'S STILL JUST ABOVE 3% HERE. BUT THE TRADE DEALS COMBINED. WITH THE AI BUILD OUT AND THE. TAX BILL HAS CREATED A BLUE. COLLAR BOOM. IS THIS ACTIVITY, MANUFACTURING. ACTIVITY AT HIGHEST LEVELS IN. FIVE YEARS. YOU ARE SEEING AN INCREDIBLE. ENERGY INVESTMENT. JUST LOOK AT INDIA, BUILDING AN. $8 BILLION STEEL PLANT IN IOWA. SOUTH KOREANS ARE FINANCING A. PIPELINE IN ALASKA TO GIVE THEM. GAS.
AND THEY ARE FINANCING LIKE. EIGHT NUCLEAR REACTORS IN THE. UNITED STATES. PLUS WE JUST DISCOVERED OIL OFF. THE COAST OF GREENLAND. WHAT DO YOU KNOW. PLUS BIG OIL GOT A LOT OF. CONCESSIONS OUT OF IRAQ AND. VENEZUELA. SO THAT'S GREAT NEWS. TRUMP RX, FOR THE FIRST TIME IN. DECADES, BRINGING DOWN. PRESCRIPTION DRUG COSTS. AND RENT IN THE SUNBELT FELL. FLAT BECAUSE PEOPLE BUILD AND. THERE'S LESS REGULATION. HERE WHERE THEY DON'T BUILD AND. FOR MIGRANTS IN, YOU'RE GOING TO.
SEE RENT GO UP. SO CONSUMER SENTIMENT SUCKS, OKAY. AND THAT'S BECAUSE GAS PRICES. AND BECAUSE OF DIESEL. BUT CONSUMER SPENDING IS. ASTRONOMICAL. SO THEY ARE NOT SPENDING LIKE. THEY ARE DEPRESSED, THEY ARE. SPENDING LIKE CRAZY. IF WE CAN GET STRAIGHT FLOWING, WHICH WE HAVE, BACK TO PREWAR. LEVEL, 16 MILLION A DAY COMING. OUT OF THEIR, AND WE KEEP THAT. UP, YOU'RE GOING TO GET ENERGY. PRICES DOWN AND THEN PEOPLE WILL. REALLY START TO SWEAT. I LOOK BACK OVER THE LAST 50.
YEARS EVERY SINGLE PRESIDENT. LOST CONGRESS. YOU KNOW WHO DIDN'T? JIMMY CARTER. WOULD YOU CALL JIMMY CARTER A. GREAT PRESIDENT? NO. THESE THINGS GO EITHER WAY. IF THE DEMOCRATS COME IN, DO. THEY HAVE A PLAN TO LOWER. ENERGY? NO. RENT? NO. HEALTH CARE? NO. IT'S ALL A SCAM. >> Emily: TO PEOPLE WATCHING. WHO ARE MAYBE STILL UNDECIDED, IT'S THE REALITY THAT THE MOST. FRIGHTENING THING IS NOT RIGHT. NOW CONTRARY TO WHAT DEMOCRATS. ARE SAYING BUT WHAT COULD HAPPEN. IF INDEED THEY GET INTO POWER.
AND IMPLEMENT THESE POLICIES. >> Dana: I THINK IT'S GREAT. THAT WE'RE FINALLY AS A COUNTRY. COLLECTIVELY TALKING. CUMULATIVELY ABOUT THE FACT THAT. THE DEMOCRATS HAVE A TRACK. RECORD ON ENERGY THAT YOU CAN. POINT TO, AND IT WASN'T THAT. LONG AGO THAT THEY WERE. LITERALLY THE ARSONIST HOLDING. THE CAN AND THE LIGHTER. AND THEY WERE LIKE YOU KNOW. WHAT, WE WANT HIGHER GAS PRICES. THEY ACTUALLY GRABBED ABOUT IT. JENNIFER GRANHOLM TALKED ABOUT. IT. IF YOU REMEMBER IN THE GREEN.
ENERGY TRANSITION, THIS IS GOING. TO BE BETTER BECAUSE THEY'RE. GOING TO DRIVE LESS. THEY WANT IT TO MAKE YOUR. WASHING MACHINES NOT WORK AT. ALL. SO THEN YOU HAD TO RUN THEM FOUR. TIMES AS LONG AND IT WAS COSTING. MORE FOROR YOU, THE CONSUMER, WHILE THEIR BUDDIES GOT MONEY. HOW MANY EV CHARGING STATIONS. DID THEY BUILD? WAS IT FOUR? I THINK FOR THE BILLIONS OF. DOLLARS -- I. THINK IT'S GOOD. AND IF YOU WANT A LITTLE BIT. MORE, ONE OF MY FAVORITE. PODCASTS IS THE TEN MINUTE. DRILL. 10 MINUTES, YOU LISTEN TO IT AND. THEY LAY OUT THESE THINGS THAT. ARE INCREDIBLE.
I WILL ADD ONE OTHER THING FOR. YOU. PENNY FLANAGAN IN MINNESOTA, SHE. IS RUNNING FOR SENATE THERE AND. THERE'S TONS OF TALK ABOUT HOW. TALARICO IN TEXAS MIGHT BEAT. PAXTON. SO MUCH ATTENTION ON THAT. THAT WOULD BE TAKING A RED STATE. AND MAKING A RED SENATE SEAT. BLUE. BUT IN MINNESOTA, PEGGY. FLANAGAN, WHO IS PART OF THE. ADMINISTRATION OF TIM WALZ AND. KEITH ELLISON WHO ARE SUING ALL. OF THE OIL AND GAS COMPANIES. BECAUSE OF WHATEVER, IS CONSTANT.
REGULATION, NOW SHE IS DOING ALL. OF THESE ADS STANDING IN FRONT. OF GAS STATIONS, SAYING ISN'T IT. TERRIBLE THAT GAS PRICES ARE SO. HIGH? I'M LIKE, MA'AM, WHAT DO YOU. THINK IS WHAT'S HAPPENING. THIS IS WHAT'S HAPPENING IN. MINNESOTA. MICHELE TAFOYA IS MOUNTING A. CHALLENGE AGAINST PEGGY FLANAGAN. AND THAT IS NOW A RACE. I DO NOT BELIEVE THAT TEXAS IS. GOING TO END UP WITH A DEMOCRAT. SENATOR IN TEXAS. I THINK IN THE NEXT 32 DAYS, IF. THERE'S SOMETHING TO CHANGE MY. MIND, I'M OPEN TO IT AND I WILL. LOOK AT IT.
BUT AT THE SAME TIME, I THINK. PEOPLE SHOULD PAY AS MUCH. ATTENTION TO MINNESOTA BECAUSE. MICHELE TAFOYA HAS MADE THAT A. REAL RACE. >> Emily: INDEED. TYRUS, HOW DO YOU SEE IT? >> Tyrus: I NEED GLASSES ON, REALLY THICK, THICK GLASSES ON. TO SEE THROUGH ALL OF THE CHIPS. HAKEEM THE DREAM. HE SAYS COST REALLY WELL. AND THEY SAY AFFORDABILITY, WHICH IS A NEW WORD, IT'S NOT AS. COOL AS A CUMULATIVE. BUT THERE'S ALWAYS ONE THING, AND MY GOOD FRIEND WOULD ALWAYS. SAY WHEN SOMEONE ASKED A DUMB.
QUESTION, HOW SO? HOW ARE YOU GOING TO DO THESE. MAGNIFICENT THINGS THAT FIX THE. ECONOMY THAT YOU ARE BLAMING ON. US? WHICH DEMOCRATIC CITY IS THE. MODEL FOR US TO WANT TO BE LIKE? WHICH ECONOMY IS IT OVER THERE. IN LOS ANGELES, IN CALIFORNIA? OR HOW IS IT IN MINNESOTA? OR WHAT'S GOING ON IN THESE. SUPER BLUE CITIES THAT WE COULD. LOOK AT AND BE LIKE, HEY, WE. WANT OUR ECONOMY TO RUN LIKE. THAT. I WILL WAIT. I WILL WAIT AND WE WILL NEVER. HEAR ANYTHING. ALL THEY WANT TO DO IS SABOTAGE.
THE GOOD WORK BEING DONE BECAUSE. IT'S NOT BEING DONE ON THEIR. WATCH. THEY CAN'T TAKE CREDIT FOR IT. SO THEY SAY WORDS LIKE. AFFORDABILITY. EXPLAIN IT TO ME. BREAK IT DOWN. WHILE HE WAS ON THE STEPS SAYING. COST, HE NEVER ONCNCE -- GIVE US. ONE THING. YOU ALWAYS WANT TO TALK ABOUT. OBAMACARE. OBAMACARE IS STALLING BECAUSE IT. NEEDS MORE MONEY BECAUSE IT'S. NOT AFFORDABLE. SO AGAIN, A WONDERFUL THING THAT. COST TOO MUCH MONEY. SO WHERE IS THE PROOF IN THE. PUDDING THAT SHOWS THAT THEY CAN.
ACTUALLY BRING ANYTHING DOWN. GIVE US ONE PLAN BESIDES THE. GREEN NEW DEAL, WHICH WE KNOW IS. NOT WORTH THE PAPER IT WAS. PRINTED ON THAT ACTUALLY WORKS. THERE ISN'T ONE. AND THAT'S THE PART WHERE THE. AMERICAN PEOPLE -- I THINK WE. ARE TIRED OF IT. I THINK PEOPLE WHO ANSWER THESE. POLLS GOT FREE TIME ON THEIR. HANDS. NO ONE ELSE IS ANSWERING THEM. JESSE IS NOT FILLING OUT POLLS, HE'S BUSY. I'M NOT DOING POLLS, I'M BUSY. WHEN YOU SIT THERE AND TELL US. HOW BAD IT IS -- AND THEY CAN. NEVER NAME AN ACTUAL CITY.
I WAS KIND OF OFFENDED, HE WAS. LIKE BROWN CITIES IN AMERICA. I'M SORRY, I TRAVEL ALL OVER. I'VE NEVER BEEN WALKING IN TEXAS. AND I'M LIKE I'M IN THE BROWN. SECTION. WHERE ARE THESE ALL BROWN CITIES. THAT ARE STRUGGLING? THEY ARE SO FULL OF BULL CHIPS. THAT IT'S SAD BECAUSE WE JUST. KEEP CREATING NEW WORDS. >> Emily: UP NEXT, SO RON.
