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The Ben Shapiro Show

Ep. 1551 - Yes, Democrats Are To Blame For Inflation

The Ben Shapiro Show

The Daily Wire

News, News Commentary

4.4152.4K Ratings

🗓️ 8 August 2022

⏱️ 32 minutes

🧾️ Download transcript

Summary

Enjoy this pre-recorded short series of The Ben Shapiro Show on inflation. We'll be back with our regularly scheduled programming next week! As inflation rages on, we explore just why Democrats have embraced the precise positions that threw gasoline on the fire in the first place. Become a DailyWire+ member today to access movies, shows, and more: https://utm.io/ueMfc     — Today’s Sponsors: Protect your online privacy with ExpressVPN. Get 3 Months FREE! EXPRESSVPN.com/BEN Help us feed a child in need and skip the grocery store by choosing Good Ranchers for 100% American meat. Visit goodranchers.com/BEN to get $30 off your order and FREE shipping.  Learn more about your ad choices. Visit podcastchoices.com/adchoices Learn more about your ad choices. Visit podcastchoices.com/adchoices

Transcript

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0:00.0

As inflation rages on, we explore just why Democrats have embraced the precise positions that threw gasoline on the fire in the first place.

0:07.0

I'm Ben Shapiro. This is The Ben Shapiro Show.

0:14.2

The Ben Shapiro show is sponsored by ExpressVPN. Protect your online privacy today at ExpressVPN.com slash Ben.

0:19.9

When inflation continues to rage out of control, the Biden administration continues to say that

0:23.2

everything is going to be hunky dory.

0:25.5

By most economist estimates, it's going to be well into next year before inflation really

0:29.6

starts to hit the rates that Americans are used to, namely that 2% that the Federal Reserve

0:34.0

aims for.

0:35.1

As we know, the Biden administration has blamed everybody except themselves for all of this. But here is the thing. The inflation is part of the theory

0:42.1

the Democrats embraced. They embraced all of the fiscal and economic prerequisites for inflation.

0:47.4

The definition of inflation is too many dollars following too few goods. When you jack up

0:52.2

government spending, when you recommend that the Federal Reserve

0:54.7

pursue easy monetary policy, the predictable result of this is that you end up with inflation.

0:59.5

Unless we believe that this is some sort of like random thing that just happened to Democrats,

1:04.1

no, it isn't. This has been embedded in their most cherished ideals for a very long time.

1:09.5

One of the weird things about Joe Biden's presidency

1:11.1

is that he was nominated based on the fact that he was not Bernie Sanders and that he was not

1:15.1

Elizabeth Warren. And then once he became president, he decided to pursue exactly the same

1:18.6

policies that Bernie Sanders or Elizabeth Warren would have pursued. And so to understand what's

1:22.8

happening right now, you sort of have to understand what Bernie and Elizabeth Warren were saying

1:26.4

way back in the day, meaning like 2019, 2020. So I want to take it in the time machine back to June 12th, 2019, when Bernie Sanders gave a big speech about democratic socialism, which sounds a lot like Billed back better. If you listen to what he actually says the government ought to do, it sounds exactly like Bill back better. So here is Bernie Sanders, circa June 2019. This is a major policy speech. The media aided up. It sounds exactly like Bill the back better. So here is Bernie Sanders,

1:48.9

circa June 2019. This is a major policy speech. The media aided up. It was covered with Sterling recommendations by Fox in the New York Times. Here was Bernie announcing what

...

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