00:01:17.000Walk me through the basics of the economy, because our thesis here at the War Room is that you can start to see with your plan of the convergence of the big, beautiful bill, the major tax benefits for building plant and equipment, coupled with you and Jameson Greer and Scott Bessett working under President Trump's architecture to redo the commercial relationships in the world and to use tariffs and trade to drive investment back here in the United States or have guys pay a tolling fee.
00:01:56.000If we look at the rate of GDP growth, which is everything about making us prosperous, it's four drivers, consumption, investment, government spending, and what they call net exports, which is the difference between how much we sell to the world and how much we import.
00:03:06.000It's working in conjunction with the tariffs, Steve.
00:03:10.000The tariffs are bringing in foreign investment.
00:03:14.000As President Trump has said, if you build it here, you don't get tariffs.
00:03:19.000So we are literally looking at trillions upon trillions of dollars of new investment that drives the GDP growth directly, but it also increases productivity.
00:03:33.000Because productivity is the key to an increase in real wages and the quality of life of blue-collar working Americans.
00:03:42.000Now, third, you got the government spending.
00:03:45.000That's going down, but that's a good thing.
00:03:48.000One of the rules of economics is that a dollar in the government sector is much less efficient than if it goes into the private sector.
00:03:58.000Oh, and by the way, falling government expenditures mean a reduced budget deficit, lower interest rates, and mortgage rates.
00:04:07.000So that's going to ignite things like the housing sector.
00:04:10.000So consumption investment, government spending hitting all cylinders.
00:04:15.000The last one, Steve, is the net exports.
00:04:18.000Whenever we reduce our trade deficit, that shows up as an increase in our GDP growth rate.
00:04:26.000That's exactly what the Trump tariff policy is doing.
00:04:29.000We just had in the latest number, Steve, the lowest trade deficit since 2009.
00:04:36.000So if you add all that up, Steve, it's a set of policies and throw on top of that good things like oil going from $75 a barrel to $50 a barrel.
00:04:49.000You can't imagine any other thing happening in 2026 than robust growth, rising real wages as we had in the first term, and prosperity.
00:05:01.000So looking forward, that's what we see, and it's all good, brothers.
00:05:08.000Okay, now, and President, I've said this from the beginning, where people were tweeting out after the November debacle of the traditional Republicans in New Jersey and Virginia.
00:05:17.000They said, oh, it's got to be affordability in 2026.
00:05:48.000We can walk and chew gum at the same time.
00:05:51.000We can pursue all of these growth policies at the time we're fighting a war on Biden's legacy inflation.
00:06:00.000And what we're doing, Steve, in the trenches is taking a micro approach to the macro problem of inflation.
00:06:07.000Remember, Steve, that inflation is nothing but a basket of prices for housing, for energy, for transportation, for health care, and all of that.
00:06:16.000And so what we are doing with all due speed is to tackle every one of those elements, sector by sector, industry by industry, product by product, fish by fish.
00:06:30.000And so you're seeing all these things.
00:06:35.000I don't have it in front of me, but if my crack team here in Grace can pull on my Getter account, I put it up last night.
00:06:42.000There was an article that talked about Johnson and these guys losing these votes, et cetera.
00:06:49.000And there was a quote from a senior Republican House member that says, Trump has got to stop sending up this populist crap.
00:07:00.000They use a more blunt term than that, this populist crap up to the hill.
00:07:04.000President Trump's focus is going to lead me into the grid and AI.
00:07:09.000But President Trump's focus, your policy initiatives that are coming.
00:07:13.000And we're going to have Bobby Kennedy.
00:07:15.000We're going to have Mary Holland on at the bottom of the arrow talking about Bobby.
00:07:18.000The Washington Post has got Ezekiel Emanuel, the worst, talking about Bobby Kennedy bankrupting big pharma, right?
00:07:25.000President Trump's populist economic policies generated by you guys, all these great ideas.
00:07:32.000They said it right now in Capitol Hill.
00:07:34.000The senior guy, I don't know if it was Scalise or Emmer, but it was, hey, it had to be one of the top guys, said, Trump has got to stop sending us up this populist crap.
00:07:44.000So how are you going to do this, Dr. Navarre?
00:07:49.000Well, there's a fundamental disconnect between the business model of both parties on Capitol Hill, which is to raise money from big pharma, from big food, from big this, from big that, versus populism, which is designed to help basically, you know, America's own Lao Bai Jing.
00:08:12.000America's working families and middle class.
00:08:17.000And so I don't know what that rhetoric is all about.
00:08:21.000I do know that we have a very slender majority in the House and that certainly they're not acting now to put something up on the board that they can run on.
00:08:34.000I think they're running, some of these guys are running scared.
00:08:37.000But look, I mean, the data is going to be the data.
00:08:53.000And what I'm trying to do, talking to members on the Hill and showing them my videos and things like that, it's like, here's your talking points.
00:09:01.000It's like, here's what the boss is doing on this, you know, on beef prices, on egg prices, on mortgage rates, on housing prices.
00:09:11.000And that's the kind of stuff you should be talking about.
00:09:42.000And he says, I'm doing this because I'm not going to have the people underwrite the massive expense of what we need for electricity to drive these data centers.
00:09:53.000What did he mean by that, Dr. Navarro?
00:09:55.000What are you guys cooking up over there?
00:09:58.000Well, I don't want to get too far ahead of him because I never do that.
00:10:02.000But the central problem here, which we're going to solve, is that AI is expanding so fast that we simply don't have enough capacity to service it going forward.
00:11:01.000And this one, you've talked about it, we've talked about it.
00:11:04.000It's like, why are Americans paying for AI in India?
00:11:12.000ChatGPT operating on U.S. soil using American electricity, servicing large users of ChatGPT, for example, in India and China and elsewhere around the world.
00:11:25.000So that's another issue that's got to be dealt with.
00:11:27.000And don't forget, Steve, there's water issues as well.
00:11:54.000You guys, people should know they're working nonstop late at night over at the White House and the EOB every night.
00:12:00.000President Trump's got a whole array of policies.
00:12:02.000This is why I'm feeling very confident, actually, about the midterm elections.
00:12:06.000Democrats are going to get more radical.
00:12:08.000You're going to see the more radical things I can see in Minnesota because the economic issue is going to be taken away from them.
00:12:14.000Last thing, Dr. Navarro, and I don't want to cause an international incident here, but did you have any chance, and maybe you don't have flexibility to comment, but did you see Carney, his trip to Beijing to kowtow to the Chinese Communist Party?
00:12:30.000Any response to what Carney's been saying over the last 24 hours, sir?
00:12:38.000I was tempted to put something up on Ex and Getter to the effect of, was he looking for a discount on fentanyl or something when he was over there?
00:12:48.000So, I don't know what their strategy is.
00:12:52.000I think if Canada thinks they can use China as a bargaining chip, that's not going to, that doesn't end well.
00:13:04.000I just, I don't think, I don't think their leadership has really reflected the silent majority, if I may, in Canada.
00:13:13.000It's too Ontario-centric, you know, it's like, it's a great country, and out in Edmonton, they just scratch their heads.
00:13:25.000Now, if you look at the allies who had shoulder-to-shoulder in World War I, World War II, the Canadians, some of the toughest and best, the Canadian people are the best.
00:13:33.000It's, you've got an elite up, you've got a globalist elite up there, it's more dangerous than the global elite here in this country.
00:13:39.000They're dangerous. And you tell President Trump, once again, has 100% been right.
00:13:43.000People said, why is he picking on Canada? He wasn't picking on Canada.
00:13:46.000He's going after these globalist elites.
00:13:48.000And Carney just showed you, President Trump, once again, 100% key wrecked.
00:13:54.000Dr. Navarro, where do they go get your videos?
00:13:56.000Where do they get everything you're putting up every day, all your content?
00:13:59.000The central piece is PeterNavarro.com, PeterNavarro.com.
00:14:05.000They'll get you to my ex and getter and true social and Instagram feeds.
00:14:09.000I'm telling you, Steve, these 60-second videos are priceless.
00:14:13.000They're really good to watch to kind of understand exactly what we're doing and why.
00:20:43.000Because in that press release, that thing the president put out, I didn't see Israel except as a place where they're going to take Hamas weapons.
00:23:17.000We're using the tariffs as strategic leverage for our trading partners.
00:23:22.000And, you know, this Denmark, Greenland, all this kind of thing, you know, these guys are not learning the lessons yet on the basic economics.
00:23:32.000We've been paying the bill to protect all of Europe and whatever, and they're not contributing there.
00:23:37.000So Trump's got the full arsenal of economics working across the board.
00:23:42.000The border invasion, the war front, the hemispheric dominance, the economics proper itself.
00:23:49.000The only thing I want to see these guys in the White House pay attention to, and it's not the sexy topic, but it's one third of economic growth, and that's human capital in the inner cities.
00:23:58.000The poor kids in Chicago, third grade literacy rates are 12%.
00:24:53.000And they're coming to take down the bastion of freedom and prosperity in world history.
00:24:59.000In the 250th anniversary of our, of our, of our separating from the, or excuse me, our statement that said we were going to be independent.
00:30:35.000What we do with these, with our sponsors, we make sure that before we actually bring a sponsor, you have full access to the senior management.
00:30:44.000And you get Philip Patrick and his team.
00:36:19.000You should be concerned about liability.
00:36:21.000Bobby Kennedy is trying to destroy it.
00:36:23.000We all know that vaccines don't cause autism.
00:36:25.000We all know that it's only children's health defense and Bobby Kennedy who make those poor parents of autistic children think that it was caused by vaccines.
00:36:46.000Almost no cases can be eligible because people don't even know it exists.
00:36:49.000It's really fascinating how pharma is up in arms, that Bobby Kennedy would have the temerity to suggest that vaccines should be treated like every other drug.
00:37:02.000They should have real clinical trials.
00:37:04.000They should actually be subject to liability protection and that people could actually sue in civil court.
00:37:48.000They have lost the narrative for the first time.
00:37:51.000Big pharma has been, the mask has been ripped off because of the great work that you and your team and other people did during the pandemic to rip the mask off and to show the American people and particularly the American moms exactly what's going on here.
00:38:09.000They didn't send Ezekiel manual to the Langley bugle to write this piece and to send a flare up to all the guys on Capitol Hill and the administration.
00:38:21.000And I think you, you pinpointed this, Steve, this wouldn't have happened five years ago.
00:38:25.000This is the result of the outrageous COVID policies where people were coerced to take an experimental technology in the form of a vaccine that was never a vaccine.
00:38:36.000They were told to mask when there's no science behind that.
00:38:39.000They were told to distance where there's no science behind it.
00:38:42.000People have every reason to be skeptical and they are as they should be.
00:38:47.000And pharma doesn't frankly know what to do except for ad hominem attacks, which is what they always do.
00:38:53.000So they're attacking Bobby Kennedy, their attention, attacking children's health defense.
00:38:57.000And, you know, good luck with President Trump.
00:39:00.000I think President Trump came out really strongly about autism, you know, kids and the vaccines.
00:39:08.000We've got to really, we've got to do something about autism.
00:39:11.000And then he came out with a memo presidential memorandum on December 5th saying, Bobby Kennedy, go look at alternative peer countries, go see what the rest of the world is doing.
00:39:20.000And he came back and he said, yeah, they don't vaccinate much.
00:39:24.000For Ezekiel Emanuel to put up a flare for Capitol Hill and for the guys in the broader administration, they've already worked Trump behind the scenes.
00:39:33.000And Trump's going, hey, I got the guys back.
00:39:35.000It's going to be, it's going to, he's going to do what he's going to do.
00:40:23.000I am so excited that these organizations that are basically medical trade associations are suing Kennedy because ultimately they're going to have to show their cards.
00:41:02.000And I talked about the revolutionary war in the eight years.
00:41:04.000Let's just take a more modern example.
00:41:06.000Let's go back to the beginning of the pandemic.
00:41:09.000Remember every night on MSNBC and Fauci was a little God and you had, you know, that guy from Barlow and every night it was just, you know, safe and effective, safe and effective, safe and effective.
00:41:20.000And you in this audience and the worm, this is the first reason we, the first reason we were banned by all the platforms was Fauci and the vaccines and what they were doing.