Who are the economists who say the economy is in good shape?

0:00 Speaker 1 What is this Sunday morning is Steve FORLLPS and he’s part of the Forbes media empire, and well, step FORPS, it’s an interesting Sunday morning. We have to reflect back to what happened Thursday night. Give us your evaluation and your feelings about President Biden.

0:22 Speaker 2 Well, I think what happened Thursday night was one of those situations where people were less interested in what was said, but Vora taken in and appalled by frightened by the physical condition of the president, emotional physical condition of the president as he saw even when he wasn’t answering a question, head of vacant stare looking into the world and not

0:47 seeing anything blank stare and missed plenty of opportunities to score debating points, misspoke several times, and even when he got feisty at the end, it fell flat. So I think even though the Biden administration is trying to pretend that all is well, Missus Biden, doctor Jill is determined that he stay in the race. I think the pressure

1:11 is going to build. And while there are plenty of problems in getting a candidate out and getting a new in in, at this stage, I think the Democrats are going to feel they have to do it, especially when the Republicans start to hammer home after people saw Biden.

1:25 They can’t blame it on the press saying or the Republicans playing games of videos as they try to do. People saw what the President looked like. And I think that’s going to create pressures to not only remove them, but also gives the Republicans a key issue. You’re voting for Kamala Harris to be the next president of the

1:45 United States, and I think that is going to turn off voters, and I think it’s going to put pressure on the Democrats to say, we got to do which has never been done before, take our candidate out and put another one in.

2:01 Speaker 1 Forbes. Also, they were talking about during the debate that there’s fifteen economic advisors that are saying the economy is just great. I mean, where did that come from.

2:14 Speaker 2 Well, in this day and age, and I guess it’s true of other ages, they feel if you say something, they can make people believe it. Those many of those saint people who signed that letter that the President Biden was talking about, signed one two or three years ago saying that the Inflation Reduction Act would reduce would kill

2:33 inflation and then inflation wasn’t a real problem and the spending wasn’t a problem. Well, guess what happened. Inflation took off like a rocket. So they can’t have it both ways. So all they’re doing is they’re substituting scholarship for partisanship.

2:50 They’re taking making things partisan rather than scholar and they if they were grading a student’s paper on that, having those two letters saying Biden’s inflation program was great and then saying the economy is great, a real professor on that would flunk a student. So they’ve flunked on that one.

3:10 And it’s fun to see what they said three years ago versus what they’re saying now. So you got to take it with the burial grain of salt.

3:19 Speaker 1 Mister Forbes, he’s going to be president for at least six more months and the election is November. Do you think the Democratic Party’s going to do anything to change the nomination? Because to me, I mean, I respect the President of the United States always, but he doesn’t seem like he has the strength to do it for four

3:46 more years.

3:48 Speaker 2 And I think that is why the Kamala issued Kamala Harris issue is going to be so telling. Is that people know he doesn’t have the capacity. He’s going to be lucky to make it through the next six or eight months and seven months and the idea that he can do four more years. No one can say that

4:07 with a straight face. And that’s why in the spin last night, they’re including Vice President Harris is trying to say, oh, well he did great in the first three and a half years. Well he didn’t. But that still begs the question that’s in the past, what about the future? Does he have the capacity to do the job in the future.

4:26 And no one who saw that debate could answer, honestly, he’s got the capacity to do it. He’s a failing man and he should have stepped down, and I think ultimately he’ll be forced to step down. I can’t give you the director of exact circumstances, but there’s no way a major party can have somebody in that condition lead

4:46 them in a general election.

4:48 Speaker 1 Steve Forbes, anything else you want to tell you American people on a Sunday.

4:52 Speaker 2 Morning, Well, I think what you’re going to see if there is another debate, which wouldn’t come till September, is going to to be even more discussion about the contrast between what Joe Biden has done in his three and a half years and what Donald Trump accomplished in his four years in the White House. And as you done

5:11 in your program numerous times evening and on the weekend, you contrast in terms of job creation, in terms of economic growth, in terms of inflation, in terms of a sound border, in terms of crime, any issue you want to focus on. Trump did better. And that’s a fact.

5:33 And when Biden tries to say, oh, the economy was collapsing when he took office, the economy was moving forward. Inflation was one and a half percent. The economy is growing four to six percent. And today it’s lucky if you can get the economy up to three percent. Prices are still up, and the people have no faith in

5:52 the future. And that’s why Biden’s ratings are so low.

5:55 Speaker 1 Well, Steve Forbes Publishing executive politician, editor in chief of Forbes, a great media business, and thank you so much for coming on this Sunday morning.

6:08 Speaker 2 John. Thank you very much, and you keep up the good fight. The good the good guys are gonna win.

6:14 Speaker 1 Good. God Bless America.

6:17 Speaker 2 God Bless America.