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Sen. Kennedy: Bottom line, the economy sucks - YouTube
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this is a fox news alert the commerce
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department just releasing its second
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quarter gdp
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revealing it dropped 0.1
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which 0.9.9 sorry 0.9 almost one percent
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which means we would be in a recession
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that's right it ainsley is the second
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straight quarter the gdp has dropped
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traditionally marking a recession which
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the white house has been trying to
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redefine ahead of this number that is
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that shows a recession right they're
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great at red uh redefining everything
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well i don't know how effective they are
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they always try gop
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senator from louisiana john kennedy
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joins us now he sits on the senate
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budget committee senator we just got
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this information
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as you're getting it now
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the administration's already let us know
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they don't consider two quarters of
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negative growth a recession to senator
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kennedy
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yeah um
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brian i mean i i think uh
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the position of the administration is
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that uh
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um
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the definition of a recession is
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whatever is in the teleprompter
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and this this farcical
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spectacle is kind of embarrassing most
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americans don't really care
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about this debate or how many economists
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can dance
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on the head of a pen what they see
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is a slowing economy and rising prices
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it's called classic
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stag inflation
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president biden refuses to acknowledge
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it
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he says yes but unemployment is low
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unemployment is low well there's a
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reason for that
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people aren't working
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you don't look at the unemployment
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number you look at the labor force
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participation rate and we've had a lot
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of people retire and we had a lot of
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people who refused to go back to work
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and they're now riding in the wagon and
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everybody else has got to pull the wagon
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and the bottom line is the economy sucks
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and it's not going to get any better
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this new tax deal and green new deal
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announced by senator schumer and
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president biden and
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and uh
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senator manchin
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you know joe's an intelligent guy he
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knows that this is nothing but a big
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money suck
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and it's just going to get worse until
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congress
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stops the spending
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and let me give credit where credit is
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due
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uh the inflation started with president
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biden's
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1.92 trillion dollar american rescue
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plan
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but it has continued
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with all democrats in the senate and the
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help of i don't know 15 percent of the
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republicans
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who continue
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to to vote to uh spend money that we
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don't have
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and
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go ahead senator joe manchin do you
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remember i think it was last week or the
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week before joe manchin said the people
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in west virginia care about those kinds
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of things putting food on the table
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putting gas in our car so that mom and
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dad can go to work every day and bring
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home a paycheck so why did he flip why
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did he change
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uh i don't i haven't talked to joe my
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guess is he just you know he finally
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gave him to the pressure
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uh he hung in as long as he could but he
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uh joe joe's uh uh i like senator
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manchin he's a friend he's a very
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intelligent guy and let me say it again
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his new proposal with president biden
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speaker pelosi is nothing but a big
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money suck and the only risk uh
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issue right now is how many republicans
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will vote for it and it wouldn't
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surprise me if moore did yeah let me
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tell you something you're not you're you
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i'm not predicting it
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uh but but some of my colleagues voted
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for what
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yesterday day before yesterday 300
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billion dollars worth of new spending
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right i mean we're going to run out of
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digits here guys
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and we're not going to get control of
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inflation until we get control of our
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spending
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and uh and return america to energy
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independence that's right mansion kept
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saying and he said we shouldn't be
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spending more and then he flipped this
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week so yeah that was that was well joe
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joe did joe flip-flopped like a bank
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catfish but but and i understand that
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but i mean he was under a lot of
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pressure i'm not saying that next it's
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an excuse
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he i think he hung in as long as he
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could and but the truth of the matter is
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that two salient points
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um to the american people and the people
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of louisiana i'd say you're not going to
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find
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lower
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gasoline
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and lower food prices the only place
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you're going to find that is in the
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voting booth and the creek's not the uh
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the the water's not going to clear up
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until you get the pigs out of the out of
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the creek go vote right
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you're when you were talking about uh
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republicans voting for all that money
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you're talking about the chips bill the
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pa you know that advanced yesterday in
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the senate gun control bill the gun
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control bill i didn't vote for either
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one the gun control bill cost
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15 billion dollars that's 1 500 million
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dollars um and for their next trick the
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the senate helped by republicans voted
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for 300 billion dollars yesterday
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well uh fox news has been told we just
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got something from jackie heinrich
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that house leadership has announced they
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will whip against the chips vote now
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following the mansion schumer uh
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flip-flop i i i got a question for you
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senator so we've got two quarters
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back-to-back
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negative growth we're in a recession but
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of course
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the white house team says it's not a
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recession by you know these new this new
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metric they're using right
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there's no getting rid of
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president biden until after 2024 so it's
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like if this is
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his economic team who has led us
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over this cliff
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isn't it time that the white house gets
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some new blood in there because the
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stuff they've done has been wrong
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yeah it's been it's been wrong and no
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disrespect but whoever's making these
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economic decisions they're not i've said
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this before they're not qualified to
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manage a food truck they're just not
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um they want to spend all day trying to
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convince the american people that their
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definition of an of a
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recession is the right one nobody cares
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you know the american people are are
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saying to the white house call somebody
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who cares
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they don't care what they care about is
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the economy slowing and prices are
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rising
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and our national debt is greater than
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our national output and they look for
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help and isn't this special here comes
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the united states senate the democrats
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with a uh a new uh tax bill and a new
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spending bill and a new welfare bill
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perfect timing and and a new uh
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green new deal bill
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and um
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it's just
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sad it gets frustrating i start i don't
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hate anybody i start out in the morning
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wanting to follow jesus but by 10
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o'clock i want to follow jesus and slap
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somebody right i mean i'm pretty sure
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that's not in the bible but i understand
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the sentiment
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a little bit hopeful there's a lot of
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people that want six more years in the
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senate you're up for a re-election so is
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the senator from nevada so is the
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senator from
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arizona mark kelly so senator hassan
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these are all senators that are in
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trouble or in a dead heat in their race
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knowing that the spending is uh aiding
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recession and even people like larry
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summers and steve ratner's have said
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that the american people are concerned
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about their energy bill as well as the
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gas prices
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might they pull back senator kirsten
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cinema had no idea that joe manchin did
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this she was surprised when a reporter
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told her this
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is there a chance democrats might stop
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this
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i don't know it's possible i mean i'm
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sure some democrats
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are going to go wait a minute i'm up for
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re-election in 90 days and you want me
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to to to raise taxes which the american
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people are going to end up having to pay
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for
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so that's going to give some pause but
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but the timing of the senator mansion
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deal i don't think was any accident what
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do you mean
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well the democrats had
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some of my colleagues in the senate
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uh agreed to support the 400 or 390 or
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290 whatever it was i can't count that
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280 a subsidy to big tech
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okay and so uh they couldn't have passed
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that bill without republican votes so
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the democrats well basically they
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they sucked my republican votes up like
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a hoover deluxe and then got their votes
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and then bam announced this new tax
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increase double cross i don't think
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there aren't very many coincidences here
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on capitol hill i think that the timing
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was exquisite we look we look like a
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bunch of
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well i'm not going to say what we look
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like
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senator where do you come up with these
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phrases we love interviewing you because
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it's so colorful where did you get like
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the hoover comment the vacuum
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i don't know i've said that for years
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it's so cute you know
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i don't know
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i just i didn't know if your mom or your
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dad said this
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look i have the right to remain silent i
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don't have the ability
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and
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i just say what i feel and you know some
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of my colleagues
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call me the senator they don't like to
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take out in public but i don't care
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senator thanks so much appreciate your
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instant analysis okay thanks senator
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have a good one all right get this hey
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it's will kane click here to subscribe
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