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Mark Levin Podcast

Mark Levin Audio Rewind - 8/24/22

Mark Levin Podcast

Cumulus Podcast Network

News Commentary, Politics, News

4.521.8K Ratings

🗓️ 25 August 2022

⏱️ 110 minutes

🧾️ Download transcript

Summary

On Wednesday’s Mark Levin Show, President Biden signed college student loan forgiveness for up to $10,000. How do you reduce the deficit and inflation by spending trillions of dollars and creating more debt? We are rewarding those that aren't abiding by what they promised to do - and pay back their loans. What about those that have loans in other areas - will they be able to just not pay them as well? The division within the country continues as Biden does more Executive Orders that are unconstitutional as well as he doesn't even have the power to do! Also, Iran is pursuing uranium as China continues to take control over valuable minerals throughout the eastern hemisphere. Benjamin Netanyahu is warning that the new Biden Iran Nuclear deal is even worse than the first one, and is allowing Iran to get closer to a nuclear weapon. We have an incompetent, dangerous man in the Oval Office. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Transcript

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0:00.0

Ladies and gentlemen, the following segment of the podcast is presented exclusively by Hillsdale College.

0:06.0

For over 175 years, four purposes have defined Hillsdale's mission, learning character, faith and freedom.

0:13.4

Thank you for listening and my sincere appreciation to our brothers and sisters at Hillsdale for their great sponsorship.

0:43.4

Thank you for listening and my sincere appreciation to our brothers and sisters at Hillsdale College.

1:13.4

Thank you for listening and my sincere appreciation to our brothers and sisters at Hillsdale College.

1:43.4

Hello, American Marks live in here. Our number 877-38138-1187-381381-11.

1:55.4

Okay. This administration is using all the techniques, all the tools, all the elements of American Marxism,

2:11.4

to drive an agenda that is extraordinarily destructive and unpopular.

2:21.4

Now, let me explain what I mean. The abuse of language, language, lying, lying about what you're actually doing, changing titles on bills.

2:39.4

Let's unravel some of this. Among other things Joe Biden says that they have reduced the federal deficit by $1.7 trillion.

2:49.4

Now, how do you reduce the federal deficit by $1.7 trillion by spending trillions of dollars and creating more debt?

3:03.4

I lying by playing games with statistics. What happened is in the middle of COVID, the Democrats and the Republicans could not spend enough money.

3:15.4

Trillions of dollars were poured into the economy to deal with COVID and the lockdowns at the height of the pandemic.

3:25.4

Remember, it was like money grew on trees. It didn't matter. Democrat Republican. Trillions.

3:35.4

So, when you use that as a baseline, that's like using the spending during World War II as a baseline for a post-World War II economy.

3:45.4

But you don't do that because they're extraordinary times and exigent circumstances.

3:55.4

So, what Biden is doing is he's taking all that spending that occurred to subsidize manufacturers, to get to vaccines, to get people money because they were unemployed, to help subsidize small businesses, much of which you and I were all against.

4:13.4

But nonetheless, trillions of dollars on top of already a federal budget, Biden is now adding that in and using that as the baseline.

4:25.4

And so, look, we've already cut the budget by $1.7 trillion. We've already cut the deficit, I should say.

4:35.4

And by the way, he doesn't mean in one year's time, he means over 10 years time.

4:43.4

So, they just throw this out there because they know the vast majority of Americans, not you, but the vast majority, have no idea what the hell he's talking about.

4:53.4

And he says, 1.7 trillion, we've already reduced it. People say, yeah, that's great.

...

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