Peter Navarro on Hannity Discussing the Biden Induce Stagflation Destroying America

Peter Navarro, author of In Trump Time, discusses the Biden induced stagflation that is currently destroying America and it will only get worse if they pass either of the trillion dollar deals now being pushed.

Yeah Sean, he's only half right. What I'm really worried about is the other part of the equation, the Stag part, the recession part of the equation. We haven't had that since 1970 and we got the identical conditions now we had then, profligate fiscal policy, the fed chairman printing money and these, these exogenous cost-push inflation are shocks. I mean, there's so many things going wrong, but let's start with two that President Trump had right. First of all we are the Saudia Arabia of natural gas and energy and we've got gasoline on fire right now and natural gas prices are scorching right now. Now that's not just energy that's going up, food production is largely dependent on energy. Fertilizers are made out of natural gas so we're going to get energy and food price shocks. Buy American, hire American, now that were the two simple rules, Sean, of President Trump. And we warned for years that if you don't build it here, your supply chains won't be here and when push comes to shove you won't be able to get it. Now we got these ships stacked off a Long Beach and we've got that kind of crisis and on top of that, whether you believe in a universal vax policy or not, it is simply inflaming the distortions in the labor market. You've got Navy Seals, firefighters, healthcare workers, teachers, cops, everybody is saying, hey, if I've already had the virus and got antibodies, why do I need the jab again. Regardless of what your position is, it's contributing to labor market distortions. Stagflation is the hardest problem, Sean, to solve in the world and everything that Biden is doing touches, touches the dirt. I mean, and you're absolutely right, Sean, the last thing we need to do right now is to past the 3.5 trillion new deal and that fake 1 trillion dollar infrastructure deal. Its just going to, it just going to be crazy. This can last a decade.

https://www.thethinkingconservative.com/welcome-back-to-70s-style-stagflation-misery-thanks-to-uncle-joe/

Donate To TheThinkingConservative.com!
https://www.thethinkingconservative.com/donate-to-the-thinking-conservative/

Website: https://www.thethinkingconservative.com/
GETTR: https://gettr.com/user/tnkconservative
FB Page: https://www.facebook.com/TheThinkingConservative1
FB Group: https://www.facebook.com/groups/thethinkingconservative/
MeWe Group: https://mewe.com/join/thethinkingconservative
Gab: https://gab.com/TheThinkingConservative
CloutHub: https://app.clouthub.com/#/users/u/ThinkingConservative
Twitter: https://twitter.com/TnkConservative
Parler: https://parler.com/profile/ThinkConservative/posts
Instagram: https://www.instagram.com/thnkconservative/
Rumble Channel: https://rumble.com/user/ThinkConservative
Rumble: https://rumble.com/c/c-280211
YouTube: https://www.youtube.com/TheThinkingConservative
Rise Up "Deplorables" Website: https://www.riseupdeplorables.com/