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Ben Ferguson
Welcome. It is Verdict with Ted Cruz. Ben Ferguson with you today. And if you heard the president while he was eating his ice cream, he wants you to know that you're crazy. If you think the economy is bad, take a listen. Our economy is strong as hell. It's strong as hell. I'm eating an ice cream cone. That's your president. Joining me now, Senator Ted Cruz, center. When you saw this, I'm sure you had to be shocked. Like, what world is he living in?
Ted Cruz
Look, I want to say all the history teachers in America, they must have smiled because it's nice to see the president of the United States giving a shout out to Marie Antoinette. She does not get enough credit. And when she said let them eat cake, that was widely ridiculed. But Joe Biden feels that same sentiment towards the American people. He has his ice cream cone. And so, you know, if you're having trouble feeding your family, if you can't afford to fill your truck, well, that's your problem. It is absurd and it demonstrates just how out of touch this administration is. Let me give you just some basic stats. Since Joe Biden became president, fuel oil is up 58%, airline fares are up 43%. Eggs are up 31%, gas is up 18%. Electricity is up 16%. Milk is up 15%. Groceries are up 13%. Baby food is up 12%. Meat, poultry and fish are up 8%. And inflation overall is up 8.5%. And Joe Biden says the economy is doing great just so long as you don't have to buy anything.
Ben Ferguson
CBS News senator even came out on CBS THIS Morning. And I think this tells you that they see what's about to happen this country. They had a report that said 65% of Americans say the economy is getting worse under Joe Biden. And that is a plurality of Americans are now blaming Democrats.
Nate
Listen, worsening views of the economy, Nate, with this, two thirds of people say it is getting worse. And let me show you why. One of the ways people interact with the economy is gas prices pay more. You're seeing those big signs up back in August. There was some optimism. Majority said, well, okay, they're going down. But look at this. Now 63% say gas prices are going up in their area. So I asked people, okay, well, let's turn to politics here. Who you blame for this? What's the reason? Well, look, there's more folks now who say that Democratic policies have harmed the economy than helped. It is not the only reason they see for this, but they're reasoning out of Results, right? They're feeling a pinch. Party's in power, okay, Must be doing something wrong. And then, by contrast, they think, well, Republican policies more likely would help.
Ben Ferguson
I love the last part of that, Senator. They said, the majority of Americans now say Republican policies would, in fact, help. Now, the Democrats are out there, and the talking point that they're giving Americans is, if you vote for us, we're gonna fix the problem with inflation. How is that possible when they're the ones that created this economic crisis and they're the ones who are in charge of the House and the Senate and the White House? Why would you give them a second chance when they've already destroyed the economy with the first chance?
Ted Cruz
Well, Ben, you're exactly right. And I will point out that Raphael Warnock got asked that exact question on the campaign trail, said, look, Democrats have been in charge of the White House, the Senate, the House, all of the levers of government. You haven't fixed inflation. Inflation got much worse on your watch. Why should anyone trust you? And he sat there like a deer in headlights, silent. And then finally, the only answer he could stammer out is, well, we're still in the middle of a COVID pandemic, which is complete garbage. And I would point out one person who said the pandemic was over was Joseph Robinette Biden Jr. On a TV interview. So their talking points are shattered. But it is interesting. You know, just today, Biden tweeted out. I'm going to read you what he tweeted. He tweeted, quote, if Republicans in Congress get their way, prices will go up and inflation will get worse. It's that simple. And I got to give them credit for one thing. And it's utter chutzpah, which is what he is saying is so bizarrely counterfactual. Two years ago, when you did have a Republican president in office, we had $2 gasoline. Now, in a lot of parts of the country, it's 5, 6, $7 a gallon. Two years ago, you could get a home mortgage at 2, 3%. Now it's 6, 7% and heading up. Two years ago, the price of everything was much, much lower. And the cause of it. This is where Democrats are counting on. Economic ignorance, they hope, from the voters and active complicity from the media. Where does inflation come from? It has one source and one source only. Milton Friedman put this beautifully a long time ago. Inflation comes when the federal government spends too much money, when it prints money it doesn't have, when it spends money it doesn't have. And I'll explain it in a really intuitive way. Look, all dollars are. Are a measure of value so that we can know the relative value of one good versus another. Think before we had currency, we had barter. And if you. If you were growing chickens and I was growing wheat and you decided you wanted some wheat, you brought three chickens and I gave you a bushel of wheat that was less than convenient to carry three chickens with you. So then. Yeah, Although I will say for the record, Ben usually has three chickens on him wherever he goes.
Ben Ferguson
You got. Hey, you got to have that backup cash. Need it, my friend.
Ted Cruz
Look, I mean, h. How do you think you made it through Greek life at Ole Miss? I mean, three chickens are helpful.
Ben Ferguson
I'm going to let you get away with that one. Okay, I'm. But. But just know it will come back one day when we're talking I League stuff. I'm going to hold back.
Ted Cruz
But look, money then arose, all right? If we have a standard, let's say a coin, maybe we know that. That it is one coin for a bushel of wheat and two coins for a chicken. And the coin is just a relative unit of measurement of one good versus another. And so let's fast forward to today. Suppose the price of an apple is a dollar and the price of a banana is $2. The dollar is giving you the relative value of how much more apples there are, how much more people like bananas. If you double the number of dollars in the world. If you suddenly print twice as many dollars as a simple rough back of the envelope math, suddenly an apple will be worth $2 and a banana will be worth $4 because they're twice as many dollars. And what the money is showing is just the relative value of one good or another. Why do we have rampant inflation? Because the Democrats have run the printing presses like crazy and they've spent over $12 trillion. And that's produced the inflation. And what they're counting on is, is that some voters who may not pay attention may not know that and the media will lie to them about it. But I think the voters are a lot smarter. You know what you just played a moment ago? People have basic common sense. They recognize this stuff wasn't happening until the Democrats took over, and it really is making life harder for people across the country right now.
Ben Ferguson
You mentioned the lie a moment ago. This was literally at the White House press briefing, and this is what they said today.
Ted Cruz
When we talk about inflation, gas prices, that's been something. That's the American people have seen for the past Several months, several weeks. And has as costs have been coming down.
Ben Ferguson
That's a lie. The costs have not been coming down. And even Bloomberg today, Senator, said the odds of a recession hit 100%. And a blow to this idea that prices are coming down, they said today they described this as a blow to the President's economic messaging ahead of the November elections because they said the US Economy is effectively certain to enter a recession in the next 12 months, according to model projections from Bloomberg economists. That is clear. We are headed there. And yet she says from the White House podium today, no, no, no, prices are actually coming down. Where is my question to her? Where are they coming down?
Ted Cruz
So there are a couple of things going on there. Number one, even Bloomberg, which is acknowledging that it's 100%, we're headed to a recession. Even that is pro Biden Democrat spend. Why? Because we are in a recession right now. Right now we are already in a recession. Why? What is a recession defined as? What has it been defined as for a long, long time, two consecutive quarters of negative economic growth? We've already had that. We are in that this instant. The Biden White House tried to redefine what the word recession means. And but even under their redefined terms now, nobody can credibly say, okay, well, even under their redefined terms, which is basically when a bunch of government economists sit around in a room and say, yep, this is a recession, they've gotten to the point that even the people who are on their payroll can't lie about it anymore and say anything other than this is a recession because of the policies we've seen. Now secondly, what Karine Jean Pierre is saying is she's focusing on gas prices. And what happened is for the first year plus of the Biden administration, gas, gas prices spiked enormously, grew more than 100%, went from $2.38 when, when Biden came in to, to four and a half and in places like Nevada and California to six and seven dollars a gallon. Now, it is true that in the summer, gas prices dropped a little bit. They had a little bit of a decline and the Biden White House immediately took a big victory laugh and said, see, they're not as horribly high as they were a couple of months ago. They're still much, much, much higher than they were when Biden became president. Now even that little dip has turned around. They're going back up again. And listen, as we talked on the last podcast, Biden has been rendered utterly naked and exposed. When the Saudis made clear that he went and said, will you please give us a price break on oil for one month until election Day? The day after election Day, jack the hell out of it. We don't care. We're good with $10 gasoline. He didn't say that part, but that's implied. And it makes clear that when the White House press secretary is talking, she's just spinning and she's not focused on. It is not a policy objective for this administration to lower the price of gasoline going forward. What's a policy objective is to have a momentary dip right before election Day so that they hope voters are fooled that this is something other than exactly what Joe Biden and the Green New Deal Democrats want, which is gasoline unaffordable. Because they want you to sell your truck and buy a little Prius and they're going to make your life miserable until you do that.
Ben Ferguson
You mentioned policies. One of the big policies that the President talked about today is a last ditch effort, I think, to buy votes. And there's so many Americans, Senator, that I think are still confused on the legality of this student loan forgiveness program. They announced this website, they announced you can get started on it. And I know many conservatives don't understand, one, how does the President have the power to do this without Congress being involved? And two, can the president decide? Because based on what they've been told, they truly believe the President can't just forgive this private debt, which is what student loan debt is. It's my debt, not the public's debt. Yet they've started this website. They're moving forward with this. It's going to add to inflation and our deficit. How are they able to do this if in fact it is illegal? Or does the President have the right to decide what debts he wants to pay off in the private sector?
Ted Cruz
Yeah, so. So there are two different questions that are both relevant. Number one is what Biden is doing legal. And number two, will the judiciary, will the court step in and stop it? And those are separate questions. The first question, I think the answer is clearly no, that the actions of the Biden administration are contrary to federal law. Now, the way the Biden administration justified this student lint loan giveaway is they based it on a statute that Congress passed after 9, 11, 20 plus years ago that gave the Secretary of Education some authority to forgive debts for soldiers and sailors and airmen and Marines and their families. So for people that were actually fighting Al Qaeda, that were going and enlisted and were fighting to defend this nation against terrorism, Congress passed a bill called the Heroes act that gave some authority to forgive their student loan debts. What the Biden Department of Justice did in an opinion that I've read the opinion, it's from the Office of Legal Counsel, which is the office in the Department of Justice charged with giving authoritative legal determinations for the entire executive branch. And it has been headed by some of the. Some of the greatest legal minds in history, including Antonin Scalia, including William Rehnquist, including my former boss, Chuck Cooper, including Ted Olson, who was George W. Bush's Solicitor general. All of them have headed olc. They, the Biden OLC concluded that under this statute, they could interpret essentially the families of servicemen and women to mean everybody. And that's the really weak legal hook they've used to argue that he can forgive student loans for everyone making under 125,000 a year. Now, I believe if the Supreme Court gets before it, the straightforward question, does Joe Biden have the statutory authority to forgive what could be a trillion dollars or more of debt to the United States? And one point on this, you said they're private debts. Unfortunately, one of the things the Democrats did under Obama is they nationalized the student loan industry. So they used to be. When you and I took student loans, and by the way, I had a ton of student loans, I repaid them off. Yeah, I paid, I was, I think 38, 39 years old when I paid them off. I paid them for nearly 20 years. I had about $100,000 in student loans. When you and I took them out, you would take them from a private bank. Under Obama, the federal government essentially federalized it all. So it's the US Taxpayers, it's that to whom the debt is owed. And so essentially what Biden is doing is giving away somewhere between 500 billion and a trillion dollars, and the estimates vary. That will drive inflation. It'll make costs higher for everyone. I think if the, if the Supreme Court gets to the question, is it legal, I think they will conclude no. I think it would be a 6:3 ruling. Clearly, under the terms of the statute, Biden can't do it. Now, here's the challenge. It is not clear any court will determine the merits of the question, because it is a real challenge to find a plaintiff that has standing to bring the lawsuit. And this is where it gets a little bit complicated. But the basic principle is, under the Constitution, our judiciary exists to resolve what are called cases and controversies. So actual disputes. It's got to be a real fight, the judiciary. You can't go to the court and just say, hey, answer this legal Question for me I'd like to know the answer to. Is what the President did on Tuesday, legal or not? Our courts don't do that. It's got to be an actual case or controversy. That usually means something like a civil suit. Say you and I get in a car wreck, I hit your car, you sue me. Okay, that's an actual case or controversy. And if I've hit your car, you are a plaintiff with a concrete injury. In order to have standing, you have to have a concrete and particularized injury. There are a bunch of lawsuits that have been filed, but the real challenge is, are the courts going to conclude any of the plaintiffs who brought the lawsuit have an injury to them in particular, not an abstract. This is illegal, and I don't like it. But I, Ben Ferguson, have been hurt by that decision. If they can get over standing, I think the courts will strike it down. But I also think there's a chance that they don't find a plaintiff who has standing. And that's clearly what the Biden administration is rolling the dice and gambling on.
Ben Ferguson
So then here's my next question. I would argue, and this is where I love that you're an attorney that understands this and a senator that understands the laws. I would say, well, I was hurt because I worked my tail off to pay my student loans off when I got married. I said to my wife, we're going to pay her student loans off. It hurt our family significantly economically, because that money that we paid off, I'd love to have it back now if my tax dollars, in theory, were going to pay it off anyway. Is that a damage, or is that pretty much good luck? But the court would not say that's a reason to bring it forward to. To a court of law to say your damages are. You are responsible American, you paid off your student debt.
Ted Cruz
So as a general matter, the answer is no, that courts would not conclude that's a sufficient injury for standing. And for a long time, the courts have said there is not taxpayer standing, which means you or I, because we're. We're taxpayers, we can't go file a lawsuit and say, hey, the government is spending money on X and X is illegal, because if you could, everyone would have standing to challenge just about everything. And so it starts to become much more a system where courts are just resolving legal questions rather than actual disputes and cases and controversies. So the argument that you and I and millions of people have that we were responsible and paid off our debts, and it's not fair what's happening here as a General matter, the courts have not concluded someone has standing to say, hey, it's not fair that the government gave that person a benefit that they didn't give me, unless there is a reason for that distinction that somehow violates the law. So there are different groups that potentially have standing. Number one, you could find plaintiffs that, say, have student loans right now and that have earned 126,000, so they're ineligible. And they perhaps could argue this is an illegal benefit to someone similarly situated that advantages them over themselves. That's a tough standing argument. I wouldn't say it's impossible, but a lot of courts would throw that out. That's one possible plaintiff. Another possible plaintiff would be either an individual or a group of students, either current students or people who are applying to colleges who say, the effect of this trillion dollar giveaway is it's going to drive up the cost of tuition for everyone. The universities are going to say, great, let's charge them even more. That is true. As an economic matter, it is going to drive up the cost of tuition for everyone. The question is, would a court determine that that was specific and concrete enough to. To give you standing? The best theory I've heard for who might have standing to challenge this is the loan processors. So they're private companies that are in the business of processing these loans. And with a trillion dollars of debts disappearing, those loan processors will make significantly less money. That is a concrete injury sufficient to give standing. The question now is a political one. If your business is being a loan processor and the federal government is your principal client, suing the federal government is a good way to piss off your principal client. So the question is going to be, are there going to be loan processors willing to bring those lawsuits? I hope so, but that's still very much up in the air.
Ben Ferguson
So then that brings me to my final question. And this is the one where everybody's saying, all right, let's say that we can't go down the legal road the way you described it, and it's probably not going to work. Then the question is, if you become the majority in the Senate and we gain control of the House, is there a way to stop this or is the damage already done?
Ted Cruz
Well, it's a good question. I certainly think we should tee up a vote and get everyone on record on this, because I got to say, as a matter of fairness, this decision really is reverse. Robin Hood, you know, Robin Hood famously took from the rich and gave from the poor. What Joe Biden and the Democrats are doing is exactly the opposite they're taking from the poor and working class and giving to the rich. They're taking from truck drivers and welders and cops and firefighters and waiters and waitresses and blue collar workers, everyone who didn't go to college, they're saying, you know what? We're going to take a trillion of your tax dollars and we're going to give it to a 23 year old brown University graduate who majored in, you know, French poetry. And we're just going to give that money to college graduates who are significantly richer than you are. Why? Because Biden and the Democrats want to buy their votes. And there's a real unfairness there. So I hope when we have a majority, we tee up a vote and get everyone on record on it. Whether Congress is able to reverse it is going to be a harder challenge because presumably any legislation, number one, would face a Democrat filibuster in the Senate. So even if we take a majority, we're not going to have 60 in the Senate. So the Democrats would be able to filibuster it. And even if we passed it, Biden would be able to veto it. And so we can tee it up as a fight next year with majorities. But we need to win the White House before we have the ability to actually make a meaningful impact on this decision.
Ben Ferguson
It's frustrating for many Americans because it is buying votes. And that's the part that's so frustrating because you're supposed to be illegal to do it and yet this President is somehow pulling it off this way and trying to get rid of a trillion dollars in debt. Senator, I want to get to two other stories that we've highlighted here over the last couple of episodes and for People are listening right now. Make sure you go back and listen. You may not realize this. We're doing three podcasts a week, so make sure you hit that subscriber download button. Most importantly, please write us a five star review wherever you're listening to this podcast as well. But these two stories that we talked about, number one, the Dems not wanting to debate, and this scares me for our democracy that we're going to just have Democrats that realize debating is not going to help them in an election. It's only going to hurt them because they can't stand up and defend their own stances on the issues. But there's an interesting thing that happened in a race that you've gotten involved in where you had a Democrat the very last minute who had agreed to debate just said, screw it, I'm out I'm not debating. And the reason why she didn't want to debate was also another issue that we just talked about. Give us more detail into this. Democrats running from the debate stage.
Ted Cruz
Well, yeah, we had two of the stories on our last podcast intersect. We talked about Democrats refusing to debate. Since we did that podcast, yet another Democrat has backed away from a debate. Abigail Spamberger, who is an incumbent Democrat in Virginia, very vulnerable Democrat. I think she's going to lose in November. Her opponent is a candidate named. Yes, Lee Vega. Yes, Lee is someone who I know well. Yes, Lee is a fantastic candidate. Let me tell you about. Yes, Lee Vega. Yes, Le is the daughter of immigrants from El Salvador. Yes. Lee's brother was shot and nearly killed by MS.13. So when it comes to illegal immigration, she knows firsthand just how horrific it is. It is personal to her. Yes. Lee is married to a soldier. The two of them were stationed abroad in Korea. She is the mom of two teenage kids and she's a police officer. When her brother was shot, she was so upset she went and signed up. She's been a cop for over a decade and she is a fireball. She is a fighter. So Abigail Spanberger, the incumbent Democrat, didn't want to debate her but agreed to accepted a debate. And then the other story we talked about last week, this, this Virginia delegate who introduced legislation in the Virginia legislature to make it a felony if a parent refuses to transition your child from one sex to another, refuses to give surgery, refuses to accept if your little boy or little girl comes in and says that they want to be the opposite if a parent says, no, I'm not going to take you to a doctor and sterilize you and engage in permanent life altering surgeries. The state of Virginia, if this legislation passed, would make that a felony and lock the parent up. Well, that left wing Democrat happens to be a big surrogate for Abigail Spamberger. And suddenly Abigail Spamberger is going, oh crap, if I go to a debate, they're going to ask me about this crazy position and I've either got to distance myself from my supporter or defend this lunacy. And so what did she do? She's trying to back out of the debate. And I got to say there's a reason Democrats don't want to debate. They can't defend their policies because they're indefensible. The idea that you would lock parents up for refusing to, to mutilate your child, it is, it defies words. And so that's why this Democrat doesn't want to justify it.
Ben Ferguson
When you see them not debating, and I do think this is a trend early on, your initial reaction is, oh, look, they can't defend themselves. This is great. But I think what we're saying and where we're moving forward is I worry about a day when a Democratic candidate's running for the White House and says, I'm not going to debate the Republican, and then we lose all debates in this country and debates, swing elections. When you were running for president, one of the things that I think. And when you're running for the Senate, the debates were your place to shine and they make people's political careers. And when you're up against big money and big donors, the debates stage cannot hide you.
Ted Cruz
Right.
Ben Ferguson
You can have your messaging, you can buy a million ads, you can spend $100 million on ads. But the debate stage is what I refer to as the grand equalizer. It's a moment where you can't hide behind the, you know, the TV screen to the voters any longer and you're exposed your weaknesses if you're not a great candidate. And now we're at a point in this country where I'm worried it's going to be totally normal for Democrats, say we will never debate a Republican again.
Ted Cruz
Look, I am very concerned about that. And you're right. The next step is for Democrats to elevate that to the presidential level. Joe Biden basically hid in the basement the entire campaign, but he did at least show up to the debates. He didn't take that final step. And I will say there's another factor. Listen, I've done a lot of debates, a lot of political debates in my time. And going back to the presidential race, in any campaign, but particularly a national campaign, a presidential campaign, the corporate media has enormous power. And on any given day, whatever message the corporate media tries to carry, decides to carry, that dominates the airwaves and, and that typically favors. It favors whoever the candidate is with the most name id, whoever the candidate is that conventional wisdom is, is supposed to win, or whoever the candidate is that the corporate media wants to win. For any other candidate, it is incredibly, incredibly difficult to break through that giant wall of constant narrative set by the corrupt corporate media. Debates are one of the very, very few moments where you can break through, where you can actually have a message heard that the corporate media doesn't want you to hear. And it's why this is very differential on a partisan line. Listen, if you're a Democrat, the media carry your water every day. They carry your message. They are Your propagandist, particularly today, so many Democrats never face difficult questions. The only place they might face a difficult question is on a debate stage where at least their opponent can ask the question. Ideally, a moderator will, too, but. But a lot of the moderators are wildly biased. But on a debate stage, at least the opponent can turn directly to a Democrat candidate and say, you voted for X, you did Y. Your position is hurting people. Give me your answer. And so the decision to say we're going to avoid debates is Democrats saying we will not answer questions. That's a really dangerous shift going forward because there really is nothing like a debate to cut through whatever the established corporate media narrative is.
Ben Ferguson
Which brings me to my last question. There's a big debate that you're going to be having on Monday. The View took a shot at you today, saying the only time conservatives will come on our show is when they want to sell a book. Yes, you have a book out. That's exactly why, by the way, the View is having you on their show. But I want people to listen to what the View said today, and then I want to get your reaction to it and set your dvr, because this coming Monday, Senator Cruz is going to be on the View. It will be fireworks. I've got my money on you. Listen to this.
Unknown
Hey, you know we don't turn people away, except if they're election deniers, right? Well, I. No, I think we don't turn election deniers away either, because as you said, people need to hear where people are coming from. And if that's what. See, this is the problem with it.
Ted Cruz
We have technical issues.
Unknown
We have to give you. We have to give you the. I think he's been careful enough.
Ted Cruz
I don't.
Unknown
He wasn't just writing the big lie. The problem. Yes, take him on. But you see, you haven't been here before. What tends to happen when your guys come is they don't come to talk to us. Oftentimes they come to sell a book. They don't like to come to just talk to us. That's what I want from y'all.
Ted Cruz
Can I show you one quick thing?
Unknown
No, you can't. Can you do really fast. Do a real. Just real quick.
Nate
There is talk in Trump world that.
Ted Cruz
Carrie Lake is going to be his running mate. That's how much the Trump base loves her. Which is horrifying. But go ahead.
Ben Ferguson
I love that last point I left in there. Because the fake Republican on the panel is telling you that Carly Lake is. Is. Is horrifying. And then you hear on Navarro there saying, oh, I'm going to bring it on. Senator, you're not one to shy away from a grand debate. That's why you're going on the show. Yet they accuse you and others of shying away from the debate when you're literally showing up to debate the entire hostile panel.
Ted Cruz
Well, I do find it amusing that their comment is let's take him on. Yes, let's take him on. You know, that's the fair and impartial journalism we have today. They are rich, out of touch leftists and I fully expect that they're just going to scream and yell at me for the entire interview. That's fine. I assume none of them will have read my book. None of them care to read the book. None of them care to hear an opposing point of view. And their objective is just going to be to attack and I assume to attack in a pretty nasty manner. That's fine. I'm actually eager to have conversations about actual substance and facts because I think the American people deserve that. And we'll see if any of that happens on Monday. I hope it will. I can't say I'm filled with excessive optimism that we will have a civil, respectful conversation on the merits, but. But one can always hope.
Ben Ferguson
Look, I think these debates are important. Set your dvr. You will see Senator Ted Cruz do what he does so brilliantly. Senator, it's always a pleasure hanging out with you and for everybody listening. Reminder, we do this three days a week now, so make sure you hit that subscriber auto download button so that you get every episode of Verdict as it comes out and we will see you back here in a couple of days.
Summary of Episode: "It's The Economy And Crime Yet Biden And The Democrats Keep Refusing To Admit Their Policies Are Destroying America!"
Date Released: October 19, 2022
Introduction
In this episode of The 47 Morning Update with Ben Ferguson, host Ben Ferguson engages in a robust discussion with Senator Ted Cruz about the current state of the U.S. economy and the Democratic Party's handling of economic policies under President Joe Biden. The conversation delves into the rising inflation rates, the legality of Biden's student loan forgiveness program, and the troubling trend of Democrats avoiding political debates.
1. Biden’s Dismissive Remarks on the Economy
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2. Rising Inflation and Economic Indicators
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3. Biden’s Contradictory Messaging on Inflation
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4. Legality of Biden’s Student Loan Forgiveness Program
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5. Challenges in Reversing the Student Loan Forgiveness
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6. Democrats Avoiding Political Debates
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7. Upcoming Debate on The View
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Conclusion
Ben Ferguson and Senator Ted Cruz provide a critical analysis of President Biden’s economic policies, highlighting significant inflationary trends and questioning the administration’s handling of student loan forgiveness. They express concern over the Democratic Party’s strategy of avoiding political debates, which they argue limits accountability and transparency. The episode underscores the importance of open debate in a democratic society and sets the stage for Cruz's forthcoming appearance on The View.
Key Takeaways:
For those seeking an in-depth understanding of the current economic challenges and political dynamics in the U.S., this episode offers a comprehensive and critical perspective from Senator Ted Cruz.
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