Bidenomics 101—How 87,000 IRS Agents and ESG will Destroy the American Middle Class
The Charlie Kirk Show
Charlie Kirk
4.6 • 65.6K Ratings
🗓️ 18 August 2022
⏱️ 28 minutes
🧾️ Download transcript
Summary
Charlie welcomes Dave Bahnsen, founder, managing partner, and chief investment officer of The Bahnsen Group, which holds over $4 billion under management, and creator of new free online video series - Economics 101 - available on www.bahnsen.com. Dave breaks down what American taxpayers can really expect as the army of enforcement agents at the IRS balloons by 87,000. Dave, explains what's really inside the dubiously named "Inflation Reduction Act" and why conservatives probably need to set aside $20,000 dollars for an upcoming IRS audit. Next, Charlie welcomes Vivek Ramaswamy, Co-founder & Executive Chairman of Strive Asset Management, to break down how he's working to transform the way investors can begin to dismantle the woke financial social credit score system called ESG. Charlie and Vivek explain the highly complex world of state level pension funds that control trillions of dollars and how red states can begin reshaping the investment landscape in America to fight back against woke finance.
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Transcript
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| 0:00.0 | Hey, everybody. Today, Charlie Kirk's show an economics focused episode, ESG, the Inflation Reduction Act, the IRS going through with guns. What? Vivek Ramoswami and Dave Bonson joins us. You can email me your thoughts as always freedom at Charliekirk.com and get involved with Turning Point USA Today at TPSA.com, sort of high school group, sort of college group today at TPSA.com. Turning point USA's on the front lines for freedom. TPUSA.com. Buckle up, everybody. Here we go. Charlie, what you've done is incredible here. Maybe Charlie Kirk is on the college campus. I want you to know we are lucky to have Charlie Kirk. Charlie Kirk's running the White House, folks. |
| 0:38.3 | I want to thank Charlie. He's an incredible guy. His spirit, his love of this country. He's done an amazing job. |
| 0:44.3 | Building one of the most powerful youth organizations ever created, Turning Point USA. |
| 0:49.3 | We will not embrace the ideas that have destroyed countries, destroyed lives, and we are going to fight for freedom |
| 0:56.0 | on campuses across the country. That's why we are here. |
| 1:00.6 | Brought to you by Andrew and Todd at Sierra Pacific Mortgage. For personalized loan services you can |
| 1:05.7 | count on, go to Andrewandot.com, the wonderful Andrew and Todd.com. |
| 1:12.6 | So Inflation Reduction Act. Andrew and Todd.com. The wonderful Andrew and Todd.com. So inflation reduction act, the hiring of 87,000 new IRS agents. It didn't really get a lot of |
| 1:20.6 | coverage. Joe Biden signed it into law yesterday. With us right now is someone who I really |
| 1:26.6 | respect and he's an expert of all things |
| 1:28.9 | economics. David Bonson is the founder and partner and chief investment officer of the |
| 1:34.3 | Bonson Group and author of the book. There's no free launch 250 economic truths and he just |
| 1:39.1 | launched a free online video series, Economics 101 at Bonson.com. Dave, welcome back to the Charlie Kirk Show. |
| 1:45.7 | Thanks for having me, Charlie. So Dave, tell us about the Inflation Reduction Act. |
| 1:50.4 | Will it reduce inflation or is this another Orwellian curveball thrown by our politicians? |
| 1:56.7 | Yeah, it's a good thing. The bill doesn't have anything about false advertising because this is really, as Bernie Sanders said, absurd to call it an inflation reduction act. |
| 2:09.8 | I'm not one who thinks there's a whole lot it's going to be doing to make the inflation worse because it really almost does nothing at all except for ad IRS agents. It's much more of |
| 2:20.1 | an Orwellian bill than it is economic. Even the climate issues, there is about 300, 400 billion |
| 2:28.1 | of corporate welfare to green energy companies. But Manchin, to get get his vote also agreed for more permit approvals |
| 2:37.2 | for oil and gas companies. So even the greenies and the Democratic Party proved to be a cheap |
| 2:42.7 | date. It's really a disaster of a bill and the IRS agent issue is the primary thing stayed in it. |
| 2:50.6 | That's so interesting to me. So you're right. And I didn't realize it until you just said it. |
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