Nov 7, 2025
Donald Trump's Pathetic DENIAL Of Affordability Problem
President Donald Trump angrily denied that U.S. citizens are struggling to afford to live in America.
- 20 minutes
I don't want to hear
about the affordability,
because right now we're much less.
The affordability
is much better with the Republicans.
The only problem is
the Republicans don't talk about it,
and Republicans should start talking
about it and use their heads.
Because we have great numbers,
we have great.
[00:00:15]
And they're going to only get better
when all these jobs open up,
all these factories open up
that are being built all over our country.
When all these jobs open up.
I love when he says those things
because he took away the person
who gives the jobs report.
So we're not even going to know
when those jobs open up.
[00:00:32]
So how would these Republicans
be able to message?
But the president
is also actually play acting.
He's pretending that the economy
is working really, really great
for the average American.
And the polling,
if it is in fact accurate.
Jenk Trump's not going to be able
to walk away from this issue.
[00:00:51]
Yeah.
So we'll break down the lies
that he had there in other clips
that we're about to show you.
But I think two of the most
interesting parts of this story are,
The polling that we're talking about,
like, how badly is Trump
and the Republicans hurt by this issue?
[00:01:07]
And, let me say that it's pretty bad.
Okay.
But you're going
to see the depth of it in a second.
And then pretty bad also might
be you on the US penny there.
I'm in favor of it.
The people are talking about it.
[00:01:22]
Well, now they're going to really talk
about getting rid of the penny.
All right, so let's tell you about, the
kind of trouble the Republicans are in.
Yeah. They are.
Since election night, on this just this
past Tuesday, the president has insisted
[00:01:38]
that Republicans are doing a great job in
their handling of the economy, including,
saying this on his truth social.
Here's President Trump 2025 Thanksgiving
dinner under Trump is 25% lower than 2020
for Thanksgiving dinner under Biden,
according to Walmart.
[00:01:56]
My costs are my costs are lower
than the Democrats on everything,
especially oil and gas.
So the Democrats
affordability issue is dead.
Stop lying.
That got hit with a community note on X,
and that community note only
[00:02:13]
happens when things are specious.
Missing context.
The 2025 Walmart Thanksgiving meal
contains 15 items,
while the 2024 meal contained 21 items.
Additionally, most of the brand name items
in the 2024 meal were replaced
[00:02:28]
with great value items, which I just
I think it's I think it's so funny when
when they break that stuff down.
So Mike, I'm going to jump back in
for a second on that because look guys,
he says affordability is better
with Republicans generally not true.
I'm not going to break down
decades of data for you guys.
[00:02:46]
But if you don't if you believe
Trump on that, no problem.
Okay.
But the real problem isn't really
Republicans or Democrats on that one.
It's the corporate rule, in my opinion,
for 40 to 50 years now,
wages have stagnated while prices
have gone up, and and corporate media
[00:03:01]
doesn't really talk about it.
The corporate politicians
don't really talk about it.
So that's the bigger issue there.
But when he said the Republicans
don't talk about our success,
and that's really the issue here.
No, it's the exact opposite.
The Democrats actually did pretty well
on unemployment, for example, under Biden.
[00:03:17]
And they never, ever talked about it.
Right.
Whereas if Trump does anything slightly
good, he can't stop talking about it.
And he and he demands that everybody
else go on TV and talk about, by the way,
which is not bad political strategy.
The lying is the annoying part.
So I guess low under me.
[00:03:32]
Now it's down to $2. No it's not.
They did a fact check.
It's at over $3,
so he just has no attachment to the facts.
But later in this story,
we're also going to show you
Anna and Steve Bannon kind of agreeing not
[00:03:48]
on the solutions but on the problem.
And the Anna part is not surprising.
The Steve Bannon part is super surprising.
So some in the right
are beginning to wake up.
Oh this is a massive issue right?
And what Trump's saying,
what he's talking about.
Just to continue this for a second
when he's talking about this messaging
[00:04:03]
is I'm willing to sit here and lie.
Where are the other Republicans?
Sitting here and lying with me. Right.
And yeah, and messaging has not
always been the problem of the Republicans
been the problem the Democrats.
And I think even now with this,
with this shutdown, I don't think
enough Americans know that the Democrats
are holding out for health care.
[00:04:22]
I don't think it's well known.
If this were Republicans, they would
call it the health care showdown.
Democrats are not calling it that.
And they're allowing the Republicans
to call it the Schumer shutdown.
But let's continue on with,
our our great president.
He was confronted about the dismal,
state of the economy today,
[00:04:43]
but this time by a three time Trump voter.
Take a look at this.
Regina Foley messaged me and she says she
is, retired in Greensboro, North Carolina.
She is a registered Republican.
All her life.
She voted for you three different times.
[00:04:59]
But she is not happy about how her prices
have not come down that she sees.
And she said this quote, I want the
Republicans to keep control of Congress in
2026, but something has to be done fast.
I don't see the best economy right now.
[00:05:14]
Wall Street numbers
do not reflect my Main Street money.
Please do something, President Trump.
So I guess, what do you say
to Regina and people like her?
Well, I do say this beef.
We have to get down
in terms I think of groceries.
You know, it's an old fashioned word,
but it's a beautiful word, a beef.
[00:05:30]
We have to get down,
but we've got prices way down.
And think of this energy.
She drives a car, probably,
and her energy prices are way down.
And energy is so all encompassing.
It's so big that when energy goes down,
everything comes down.
Do you think prices are
coming down from this?
[00:05:45]
Believe that?
Yeah, I think they're coming down,
but I think they're down already.
I think the biggest problem is
Republicans don't talk about it.
They don't talk about the word
affordability
and the Democrats lie about it.
I also love these voters
He says I'm a three time Trump voter.
I am outraged about the cost of things.
[00:06:02]
I want the Republicans
to keep the Congress in 2026.
It always it always baffles me.
Let's just have a little more of Trump
and then we'll talk about it.
CNBC look at this down now. -13 points
on the net approval rating on the economy.
You come to this side of the screen.
It's -19 points among Quinnipiac.
[00:06:20]
And keep in mind we're talking about
hitting record lows for Donald Trump
in either his first term,
which of course ended back in 2021,
or his second term worst economic net
approval ratings at this point among
presidents since 1977, in the presidency.
Right. This is a Donald Trump presidency.
[00:06:35]
Look at this.
He's the worst for any
presidency at this point.
How about the second term
come to this side of the screen?
Of course, Trump's in his second term.
He's the worst for any president
at their second term at this point.
So Donald Trump isn't just
beating himself with record lows.
This is the lowest for any president
ever at this point in either a presidency
[00:06:53]
or for a second term.
Yeah, there's Harry Enten from CNN
talking about exactly how upset
Americans are with all of this.
You heard the president
talking about beef prices as well.
And today there was a little bit of news
saying that his Department of Justice
will investigate if meat packing companies
are illegally inflating beef prices
[00:07:13]
through illicit collusion,
price fixing and manipulation.
And that's why, you know,
you're seeing a lot of these big prices.
So you saw Harry Enten from CNN there
talking about how this is, in fact,
resonating with American voters.
No surprise, because if there's anything
I mean, this is the old, you know,
[00:07:31]
pocketbook issue pocketbook.
It's a great word.
It's an old word,
but it's a great it's a beautiful word.
People talk about pocketbook issues.
That's what the that's what this is.
Yeah. -19 on the economy.
Ain't no joke.
That means you're in a world of trouble.
[00:07:46]
Economies
almost always the number one issue.
And this is something
he cannot lie his way out of.
I know that he thinks he can lie
his way out of almost anything.
Right.
But at the end of the day,
what's the price of eggs?
What's the price of bread?
What's the price of milk?
Period.
And even for the MAGA guys,
that's why the three time MAGA voter
[00:08:05]
was like, yeah, okay, I hear you.
Yeah. Democrats bad.
I voted for you, like, a million times.
I'm gonna vote for you guys again.
But for God's sake,
are you going to do anything?
And the answer is no.
No, don't talk to me about affordability.
Right.
So, like,
what he says is it's already down.
When we already see that it's up like,
it's, inflation is up 2.7%
[00:08:24]
since February, I believe.
Right.
So and to be fair, it's gone up and down.
And since he took office it's up 1.4%.
So okay, not like 8% or something.
But he did not stop inflation.
And it continues to rise.
[00:08:40]
And people are feeling that
that's the one you cannot avoid.
Democrats made the same mistake.
Oh you know that they I look in my opinion
I think that a lot of them
thought they didn't even notice
the price of milk being a problem.
Right.
Because it's an elitist circles.
And what's and that.
[00:08:55]
It was also that they kept using
the supply chain Covid argument
that things are inflated
and they're going to come down.
So that was.
Yeah. And so what.
But Biden and Trump shared
the same mistake at the end.
There's plenty of mistakes
all around right.
[00:09:11]
But yes but what are you going
to do about it.
Right.
So Biden didn't have an effective plan.
He could say, yeah, supply chain.
That's a problem. And you're right.
He's right.
There was a supply chain problem.
It did cause some degree of inflation.
But what did you do about it?
Nothing or certainly not enough.
Trump has the same exact issue.
[00:09:29]
He's like, no, I'm just going to lie my
way out of it and say the prices are down
and hence I don't need to do anything.
No, you need to do something.
And he's just not doing it.
And so it's not going to fly.
He's going to run into that
same old beautiful problem,
problems like an old fashioned word.
[00:09:46]
And it can be beautiful.
It can be ugly, but it can be beautiful.
Yeah. -19% is a disaster.
And he got away with these lies
as a candidate twice.
And nearly three times.
And he's now the president,
and he's a president who cannot
run legally for office again.
[00:10:03]
So these things are going to matter more,
these lies and this obfuscation
about what is true about the economy.
Americans aren't buying it.
That 19% number is unbelievable.
Jake, you talked about something
that Anna said on Wednesday
[00:10:18]
about the affordable affordability crisis
in America being so profound,
not to mention that she also sounds
a little bit like, you know, Steve Bannon.
And let's let's take a listen to this.
Again, they're not saying the same things.
[00:10:34]
They're far different. But listen.
Calling him a socialist
didn't hurt him in this election.
Because if you look at Democratic voters,
many of whom live here in New York City,
they are super skeptical of capitalism
because of crony capitalism
they've been dealing with.
They don't see a future
for themselves in this country
[00:10:50]
in terms of being able to afford a house,
be able to get married and have children
So young Democrats who are very
much galvanized by Mamdani's message were
not put off by his message of socialism.
- They liked it.
- And there you have what Anna was saying.
[00:11:07]
And and now take a listen to what Steve
Bannon said, striking a similar chord.
We're not communist.
We're we're actually capitalist.
The problem with our system
is we don't have any capitalists.
They've got all these.
They got all these interviews with kids
and polls with kids and come back.
[00:11:23]
These kids hate capitalism.
They're all socialists.
Well, hey,
they never had a shot at capitalism.
They're at the receiving end
of corporatism.
The Russian serfs, they're the Russian
serfs sit there and they love capitalism.
No, they've never seen it.
And what they saw of it wasn't good.
[00:11:38]
We need more people
on our side of the football.
We need more capitalists.
One way to get capitalism.
Not just better wages.
That's income.
Let's get them a little buy
in to the financial.
Let's get them bought into
the financial structure of the country.
You can do that by reallocation.
It's simple.
[00:11:56]
The government should have stakes in this.
These guys,
these guys are grifting off you.
They've socialized the risk.
You're the sucker
that's going to guarantee the loans.
You're the sucker that's paying for all
the everything that underpins it.
While they put these little companies
together and they make it $1 trillion,
[00:12:13]
it's all for them now.
Doesn't work like that.
We've been talking about government
guarantees, which is an interesting, turn.
Let's go to this one graphic before we get
to some other people who agreed about
the American dream to what Anna said and
to what I think Steve Bannon is saying.
[00:12:33]
Nearly 70% of people this is number five
said they believe the American dream,
that if you work hard, you will get
ahead no longer holds true or never did.
That's the highest level in nearly
15 years of these types of surveys.
So these people are
definitely onto something.
[00:12:49]
And Republicans are scared
because it was it's Republicans
who believe in that dream and espouse
that dream just like Democrats do.
Erik Erik Erikson, the conservative radio
host, said grocery prices are going up,
[00:13:05]
and now Republicans are perversely doing
the same thing Democrats did when they
were in office with Joe Biden saying,
quote, no, actually, don't
believe your eyes at the grocery store
prices are coming down.
That's just what we heard
the president say.
That's not helpful to Americans who are
feeling higher grocery costs right now,
[00:13:21]
which is actually happening.
The Republicans
have got to figure this out.
So I think that's all pretty compelling
stuff about what the panic, the real panic
and the real politic panic
at the at the grassroots level
in Republican politics is onto.
[00:13:37]
Yeah, totally.
This goes beyond just Republican
and Democratic politics.
This goes to an awakening
that's happening in the country first.
And his appearances on CNN
are hilarious in one way.
She'll say things that are super popular
with younger people,
[00:13:52]
people that are online, etc.
Like the couple of nights ago.
She said, well, yeah,
mom says we should arrest Netanyahu.
And of course we should.
He's committed war crimes,
and he's been, you know,
there's an arrest warrant for him.
And, and the conservative on the panel
was like, that's it, we win.
[00:14:10]
She wants to arrest Netanyahu.
Like, as if that's a super unpopular
position, when in reality, that's actually
a super popular position.
Same thing kind of happened here
where she's like, you know,
a lot of young people are don't mind being
socialists because they're socialists.
[00:14:25]
And Shapiro, for a second there
had a look of like, we win.
No, you don't win.
That's the whole point that people
are beginning to give up on your ideology
and your market model.
Now, there's an irony here
because I'm a capitalist.
[00:14:41]
And so there's some portions
of Bannon that I agree with.
But and but there's we're identifying
the same problem before.
In my opinion the problem
was hidden by mainstream media.
No. Don't worry.
Like, your wages are not a huge issue.
[00:14:56]
They haven't gone up in 45 years.
Adjusted for inflation.
But.
But it was like
it almost never made the news.
Right.
And it never made the news
because the Democrats never pounced on it.
The Republicans never pounced on it.
No one in power ever talked about it.
But meanwhile the problem was accumulating
and accumulating corporate rule,
[00:15:14]
accumulating the donors,
controlling everything, accumulating.
So now we've gotten to a point where,
you know, right wing sometimes
will call it crony capitalism.
There's nothing wrong with that phrase.
That's absolutely true.
Some on the left, including me,
call it corporatism, but I've now seen
[00:15:30]
Steve Bannon call it corporatism. Right.
And so we're and that's the same thing.
That's basically corporations
through their campaign donations,
buying off our politicians and redirecting
everything towards them and away from you.
So the I sorry that I keep pounding this
to death, but because it's so outrageous.
[00:15:48]
So an excellent example of that
is the oil companies getting
$35 billion a year in subsidies.
That is just that's ten times
what Israel gets.
And they're the most
profitable companies in the world.
And they have no excuse.
[00:16:04]
Their industry is perfectly mature.
They're just it's a robbery.
It's a robbery.
So Bannon realizes the problem.
We realize the problem.
Some on the right that are more populist
are realizing the problem.
And a lot of their voters,
tons of their voters,
[00:16:19]
are starting to realize the problem.
Then the question becomes, yes,
but what's the solution?
Right.
So Steve Bannon had a curious one
that you kind of noticed, Michael,
which is he he was kind of saying we
should do wealth redistribution to protect
[00:16:35]
capitalism, which was deeply ironic.
Let's go socialist to protect capitalism.
I mean, he's like, no,
they're going socialist.
We got to stop it
by going socialist before them.
- Right.
- Okay.
Fascinating, fascinating.
The funny thing is,
since I'm a capitalist.
[00:16:52]
I think that's a little too
left wing for me.
Okay, so.
- So you don't need to punish the rich.
- Andrew Yang ergonomics.
Yeah, yeah. You don't need to to do it.
But what you need is for your
representatives to actually represent you.
And what that means is the guy's
corporatism is opposed to capitalism
[00:17:13]
because it doesn't want competition.
The minute a corporation is born,
one of the things that it tries to do
is eliminate all of its competition.
So corporations, by their nature,
are going to be against free markets.
Yes, that's deeply ironic, but very true.
[00:17:29]
And so now then, the question is,
how do you protect free markets from
the corporations that want to kill it?
And so I don't think the idea
is necessarily redistribution
in like kind of ham handed way.
The idea is for the government
to protect us from corporations
[00:17:46]
instead of serving the corporations.
And you do that through a thousand ways.
You break up monopolies
that can set prices unilaterally.
And oligopolies.
There's regulations
to to protect consumers.
For example, with the banks they
take wild out of control risk.
[00:18:02]
And that winds up collapsing the economy
and costing us so much money.
A lot of times the banks
just literally rob us, right.
And the Consumer Financial
Protection Bureau, for example,
was doing a fantastic job of catching them
and returning billions of dollars
to the American people.
One of the first things that Trump
did was let's get rid of the Consumer
[00:18:18]
Financial Protection Bureau.
And then he went around.
We were almost the only show
that talked about it, getting rid of
almost every white collar fraud
department within like the SEC, the IRS,
all these different agencies.
He's like, don't overlook
the corporations at all.
Let them go nuts.
Let them steal all they want.
[00:18:35]
Let them know regulations. Right.
And also getting rid
of their legal departments too.
Not just the them, but but taking away any
kind of legal muscle that they would have
to protect themselves in that way.
Yeah.
So now we're in this dark place
where over 70% of Americans
[00:18:52]
think that the American dream is dead.
So the old school guys,
the corporate Democrats
and Republicans and Trump don't get it.
They're like, oh,
we'll just lie our way out of this.
We'll just pretend
the problem doesn't exist.
We've been pretending for 40, 50 years
and the media covers our ass.
[00:19:07]
But now mainstream media is dying
and online media is going,
no, I don't think so.
Later in the show, we're going to show
you Joe Rogan, saying the same thing.
If Joe Rogan, Steve Bannon
and us are agreeing on the problem.
That's pretty compelling.
Of course, again,
back to the solution for one last second.
[00:19:22]
One of the other angles that.
So when Bannon talks about economic
populism, the he again he's half right.
Right.
But then when you get to the solution
and you get to Bannon.
So I would put it this way
Fuentes at the extreme,
[00:19:38]
then Bannon, then Tucker and others.
Unlike some version
of white or Christian nationalism.
Right.
And I used to think that Tucker
used to dog whistle to that a lot more.
I think he's actually gotten better on it.
Whereas Fuentes has gotten as bad as you
can be and Bannon has gotten worse.
[00:19:58]
So so the idea is to go backwards,
have white people or Christian people
or whatever subset that they
think they're in have all the power.
How does that help everybody?
That doesn't help people at all.
That's just you saying,
yeah, times are tough.
So that's why I should be in charge.
That's not a solution.
[00:20:17]
Our solution is actual populism.
Serve the voters.
You got to end the money in politics
if you don't end the bribery.
This is going to go on forever
and ever and ever.
Who do you think
they're going to serve you?
Or the guy who gave him $1 million
or $10 million or $100 million?
[00:20:33]
Everyone knows the answer.
So the number one,
cancer is money in politics.
That's where we got to start to get out of
this corporate rule nightmare we're in.
Yeah, there's no question.
Every time you ring the bell below,
an angel gets his wings.
Totally not true.
[00:20:48]
But it does keep you updated
on our live shows.
Now Playing (Clips)
Episode
Podcast
