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  • 2 days ago
At a Turning Point USA Event in Tampa, Florida on Friday, Fox News host Laura Ingraham spoke about the impact of tariffs on the U.S. economy.

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00:00Now, the good news on the economic front, I especially love this because it's so delicious
00:10given all of the predictable drumbeat about tariffs, right? It was like, the tariffs are
00:16going to cause inflation. They didn't care about inflation when Biden was, you know,
00:21creating it, but now suddenly they care about inflation. The tariffs are going to cause
00:24inflation. Tariffs are going to cause a recession. Tariffs are going to cause a spike in prices.
00:29Well, what did we find out this week? This kills the media to report it, by the way.
00:33Japanese automakers announced what? They're going to raise prices? No. Japanese automakers
00:39announced this week that they are slashing auto prices for imports coming into the United States.
00:45Now, why are they doing that? Why are they doing that? They're doing that because the tariffs
00:52make them, force them to be competitive. They can't pass on the cost to the consumers
00:58because we're not going to pay that, right? So they have to cut prices. That's just one
01:02of many examples. And then today, late today, this was so great on a Friday, because sometimes
01:07Fridays, news cycles aren't so great, but today was great. So Scott Besson announces, with that
01:12kind of wry smile he has, which I love, Scott Besson announces, well, it turns out that in June
01:20of this year, we have a $27 billion surplus in the United States. Surplus.
01:31Now, huh, I wonder why that happened. That happened because of the tariffs and the money
01:39that the tariffs brought into the United States. Now, let's go back a year when Sleepy Joe was
01:44getting ready for that debate, and he was all shot up with a B-12 or whatever the heck
01:48they were giving him, peppy pills that didn't kick in. So remember that. Last June, what
01:54was happening? A $74 billion budget deficit for the month of June. So in one year, with
02:05this president and this economic team, we've had a $100 billion swing to the green. That is
02:14awesome news. And then, and it keeps getting, this is like one of the infomercials, it keeps
02:21getting better. There's more. Okay, there's more. The Ginsu knife comes in really quickly.
02:26All right. On job creation, again, America first works. Anytime someone tells you it doesn't,
02:33it does. So for job creation, last year, jobs created in the Obama, in the Biden administration,
02:40only 52% went to native-born Americans. Okay? 52%. It's ridiculous, right? So much of it was going
02:48to illegal immigrants or foreign workers. From January to the end of June, 100% of the new jobs
02:59went to native-born Americans. Awesome. Love it. It's so great. All right. And, oh, I know you're
03:12sad to hear this, but foreign jobs, sorry, 550,000 of those were lost to foreign workers. That's a
03:20good thing. Like, those jobs are going to Americans now, so it's all good.

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