Transcript
Donald Trump (0:12)
This is the primal scream of a dying regime. Pray for our enemies because we're going medieval on these people. Christians, I got a free shot. All these networks lying about the people. The people have had a belly full of it. I know you don't like hearing that. I know you try to do everything in the world to stop that, but you're not going to stop it. It's going to happen.
Steve Bannon (0:34)
And where do people like that go to share the big lie? MAGA MEDIA I wish in my soul, I wish that any of these people had a conscience.
Donald Trump (0:44)
Ask yourself, what is my task and what is my purpose? If that answer is to save my.
Jeffrey Tucker (0:50)
Country, this country will be saved. War Room here's your host, Stephen K. Ban.
Steve Bannon (1:03)
You're in the War room. It's Friday, February 28th, in the year of our Lord 2025. Such an explosive news day. Usually we don't struggle all that much putting our cold opens together. But I think every single minute from today's meeting, or I guess I should say smackdown, metaphorically, of the money laundering, corrupt grift puppet known as Volodymyr Zelensky, who shouldn't have even been anywhere proximal to the White House alone, the Oval Office. I don't even know what clips to play. So we're going to get into everything. Ukraine, I know Steve just spent the prior hour getting into walking through that meeting. And don't worry, we certainly will. I will not deprive you of a rant, but we have Jeffrey Tucker joining us to hit us with some I think equally important news. You know, right now the term is constitutional crisis. Constitutional crisis. Though I, I would say I predict that you're going to see democracy, a lot of democracy talk get loaded into, I guess the projector that the legacy media wants to deceive and lie to the American people about. But there's some really concerning numbers coming out of, I believe, the Atlanta Fed talking about potential. Well, I guess the legacy media wants to call it a Trump crash or something along those lines. That'd be perfect to bring Jeffrey Tucker on to walk us through these numbers. You're more fiscally minded than I am. Jeffrey, thank you so much for joining us. Now, the audience always appreciates when you come on. I'd love if you could walk us through these projections if you think there's any merit to them and more importantly, how you think they could be weaponized against President Donald J. Trump.
Jeffrey Tucker (2:37)
It's one of many threats he faces and they're coming from every angle. But from the economic point of view. What they've, what they're, what they've planned is the announcement of a Trump recession, or we're starting to see the word stagflation. So inflation plus recession, that's what they've got plan for us. And, and we're going to see a decline in output in the first quarter of this year, according to the Atlanta Fed. And then the next quarter will be another decline and the official, the recession will be officially declared by the fall. They're going to be trying to generate mass panic and blame everything on Trump and his policies and spending cuts and, and so on. So this is what's happening and it's frustrating because of course, I, you know, we've been seeing this unfold now for years. For years now. We've been in recession like conditions, but we've never been told. All the headlines have been about the great jobs numbers, about how inflation is cooling, about the Biden economy working so brilliantly, you know, that you've been watching it, and we've been taking them apart month by month, showing that none of these numbers make any sense. And we came out with a study in October trying to give the heads up, and the study documents this, that we've been in recession since 2022, but it's just been unannounced, you see. And in fact, in 2022, we had two successive declining quarters of, of a real GDP, and that is a recession. But the national media said, oh, that's not a recession, that's only just what it looks like, a recession. Not really recession, because look at the strong jobs numbers. Well, the job were never strong and those jobs numbers are now being revised now. And so what's happening, so what's going on? Even if the economy starts to grow and even if output expands and even if we're going to see some more investment and inflation cools, it's not going to be told us to us that way. It's going to be quite the reverse. They're going to claim that the recession is here, inflation's worse than ever. This is all Trump's fault. You've got to act, you've got to do something about it. You can see how the press is going to generate a kind of national frenzy, all targeted at Trump himself. Now, my argument isn't that we're in great shape. We're not. I mean, things have been in bad shape for a number of years now, partially because of Biden's policies, which never really took us out of the problem that emerged from the COVID Lockdowns, in fact, made them much worse. The point is that it's all gonn be dumped on Trump's head as a matter of optics and public manipulation and propaganda. And we just need to prepare for that.
