Sean Hannity slams Biden's economic delusions with country barreling into 'economic suffering'

斯坦·汉妮: 谢天谢地, the midterms are only five months away and we have a chance to stop the devastating policies of Joe Biden. Now with Democrats running the entire show in the Washington swamp, this country is now barreling into what will be a prolonged period of economic pain, economic suffering. The national average for a gallon of gas is up yet again for the 18th straight day, now well over five bucks a gallon nationally. That’s the average. Diesel much higher at nearly $ 6. We’ll have a lot more on this tonight. And naturally, inflation is also still on the rise.

The stock market, 与此同时, is plunging dramatically. Guess what? We’re back to where Joe started on day one. The Dow Jones average down another 150 points today. 那是什么, five days in a row? Significant declines four out of the five. And tomorrow could likely be much worse. The Fed expected to once again raise interest rates, either a half point or a massive three quarters of a point interest rate hike and will continue to hike rates for the foreseeable future. Goldman Sachs predicts as many as 11 in the next two years combined. And that means, 好, new home sales will go down. New home construction. 是啊, that’s about to come to a standstill. Sales of existing homes will plummet. Home values. 抱歉. I know many of you recently gotten valuations. They will head south fast too as well. 记得, the higher the rate. That means fewer loans. That means fewer Americans that will be out there buying houses. 现在, combine that with the spiking inflation, spiking gas prices, this country, we are all headed into a very scary place. Already two thirds of the country is living paycheck to paycheck.

华盛顿, DC - 可能 10: 我们. 乔拜登总统在白宫校园南法院礼堂谈论通货膨胀和经济 10, 2022 在华盛顿, DC. (德鲁·安格勒/盖蒂图片社摄直流电

华盛顿, 直流电 – 可能 10: 我们. 乔拜登总统在白宫校园南法院礼堂谈论通货膨胀和经济 10, 2022 在华盛顿, 直流电. (德鲁·安格勒/盖蒂图片社摄) ((德鲁·安格勒/盖蒂图片社摄))

A former Obama economic adviser, I don’t always agree with him, but he’s been right on every item up to this point as it relates to Biden’s economy, Lawrence Summers predicted that a recession is imminent in the next year or two. 记住, Summers was the one that accurately corrected the administration, predicting that the current inflation crisis was in fact real when they were saying it was only transitory. So now, with everything imploding around him, well Joe Biden, your president, is outraged, not about the economy, he seems to think that his economic policies are a historic success. 没有, 今天, 乔, he was mad at you, 我们, 美国人民, for complaining about the inflation, his economic and energy policies caused mad at us… In fairness, it wasn’t just Biden’s out of control spending that caused inflation. It was Joe’s war on the oil and gas industry on behalf of, 当然, the climate alarmists cult that is the new Green Deal Socialist Party that he is beholden to.