Hello and welcome to the Byron York Show, the no-chit-chat podcast.

We'd like to get right into it and what we're going to get right into today is Joe Biden's

pathetic inflation plan.

I mean, it's by pathetic, I mean pathetic, it's really bad.

I think we're going to start by going back nearly half a century.

October 8, 1974, there's a dramatically worsening economy, there's skyrocketing inflation.

And Gerald Ford is the president.

He was, by October the 8th, he'd only been in office a couple of months after Richard

Nixon resigned for Watergate.

So anyway, he's now the president, there's a terrible economy, there's skyrocketing inflation,

and he unveils a new plan, which he calls whip inflation now, W-I-N.

So to fight inflation, the government made millions of buttons that said, win on it.

I mean, you could put it on your code or shirt or something, millions of win buttons.

And in his plan, to bring down inflation, he encouraged Americans to carpool to conserve

gas.

Remember after the Arab oil embargo of 1973, and to grow their own food, now the campaign

was just a complete disaster, it was ridiculed, it was hated.

Most of all, it just didn't work.

And Alan Greenspan, who's still around, who was Ford's top economic advisor, called it,

quote, unbelievable stupidity.

It's a bad, it's a bad thing when your top economic advisor calls your economic plan

unbelievable stupidity.

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