The Biden administration pushes global corporate tax increases while ramping up spending and taxation at home. The White House signals more bullying of corporations to come, and Republicans are optimistic about 2022. Today's show is sponsored by ExpressVPN. Protect your data with VPN, so should you, visit ExpressVpn.me/ProtectMyData and use the promo code "VPN" to get 20% off your first month. You'll also get access to all of ExpressVPN's features, including the features mentioned in the show, and access to a free copy of the company's newest VPN product, Protect My Data, so you can protect your data and keep it secure. If you don't already have a VPN license, you can get a free one from ExpressVPN, too. You can't get much more secure than that, and it's free for you to use it anywhere else. It's free, and you can use ExpressVPN to protect your privacy and your data, and keep your data protected. All you have to pay a small monthly fee, which is free, no credit card required, to access all of the features and features mentioned on the show. To get a discount code, go to expressvpn.org/ProtectYourData and get a 20% discount when you sign up for VIP access to the VIP membership. The best deal on ExpressVPN is $99.99, and gets you 5% off the entire service, plus a FREE 3-month trial when you upgrade to VIP membership gets you get a complimentary 3 months of VIP membership, plus an additional 2-months of $99, plus you get an additional 3-months free. access to Vimeo membership and 7GB of Vimeo, and Vimeo Pro, Vimeo gets an ad-free version of the service. Vimeo is giving you access to access to my Vimeo Plus, and I'm giving you all the ability to watch the show and access all my full-service Vimeo for free, unlimited access for two months, and they'll get $5,000, plus I'll get a 5GB of the show gets you'll get all that for $50, plus they get a choice of the course, plus Vimeo access for $99 gets $4,000 gets you can choose a maximum of $35, plus unlimited access, and vimeo gets a discount, and the Vimeo course gets you gets a complimentary Vimeo offer, plus access gets you an ad, too!
00:00:13.000Today's show is sponsored by ExpressVPN.
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00:00:25.000We'll get to all the news in just one moment.
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00:01:29.000Alrighty, so Joe Biden's world-changing plans are apace.
00:01:33.000Democrats are now preparing a wide variety of tax increases.
00:01:38.000See, there's this weird idea out there that Democrats raise spending and then they have to raise taxes.
00:01:49.000They think that higher taxes lead to redistributive equality.
00:01:54.000Equity can only be achieved through redistribution of income, even if it means that overall people make less money.
00:01:59.000Barack Obama said this very openly in 2008.
00:02:01.000He was asked in the middle of a Democratic primary debate, if you raise the corporate tax rate, and if that results in less revenue to the government because the economy shrinks, would you still be in favor of raising the corporate tax rate?
00:02:12.000And Barack Obama said, I would, for purposes of fairness.
00:02:16.000It is not about maximizing economic growth.
00:02:18.000It is not about making America a better place to live.
00:02:21.000It is simply about punishing people for earning, and punishing corporations, and punishing anybody who runs a business.
00:02:28.000Because the idea is that the government is supposed to take care of you.
00:02:30.000The government is God in this iteration.
00:02:32.000And because the government is God, the government is there to provide you with a fair and just outcome, even if that means that some people have to get punished unjustly in order to achieve that fairer outcome.
00:02:42.000According to the New York Times, The Biden administration and top Democrats in Congress began detailing plans for significant changes to how the United States and other countries tax multinational corporations as they look for ways to raise revenues and finance President Biden's $2 trillion infrastructure proposal.
00:02:56.000Now remember, this infrastructure proposal is a complete boondoggle.
00:03:12.000According to CNN, Moody's did not estimate the infrastructure proposal will create 19 million jobs.
00:03:17.000They estimated the economy will add about 19 million jobs between Q4 2020 and Q4 2030 if the infrastructure proposal gets passed and 16.3 million jobs if it does not get passed.
00:03:27.000So in other words, it's going to add theoretically about 3 million jobs, but that's assuming that there isn't a massive economic downturn due to inflation because you keep pumping money into the economy.
00:03:37.000And everybody understands here that when you blow out the debt the way that Joe Biden is doing, I mean, we are spending more money than has ever been spent in human history.
00:03:44.000More money than has ever been spent in the entire history of humanity.
00:03:47.000When you do that, somebody is going to have to foot the bill.
00:03:50.000Typically, the people who foot the bill are people with savings, because you inflate the currency, and people who earn more money who are going to have taxes raised upon them.
00:03:57.000And then they simply will not hire people.
00:03:59.000They simply will not grow their business.
00:04:08.000national debt held by the public is currently $22 trillion, about $67,000 per citizen, that surpasses the country's annual GDP for the first time since World War II.
00:04:17.000On the current path, the CBO predicted in March the debt would grow to 102% of GDP by the end of 2021.
00:04:23.000All of that was before Joe Biden signed a nearly $2 trillion COVID-19 relief bill and before he started pushing another $2 trillion infrastructure plan.
00:04:29.000It also predicted that by 2051, the federal government will be spending more than a quarter of the annual budget just to pay interest on the principal.
00:04:36.000All of that was before Joe Biden signed a nearly $2 trillion COVID-19 relief bill, and before he started pushing another $2 trillion infrastructure plan.
00:04:48.000According to Reason Magazine, in 2010, midway through the first term of President Barack Obama and on the heels of the Great Recession, the national debt was skyrocketing.
00:04:55.000It had exploded under President Bush, who engaged the US.
00:04:57.000in two foreign wars and expanded elder care entitlements, which are the biggest drivers of U.S.
00:05:03.000Riding a wave of public concern over debt levels that they said would hinder economic progress and stick future generations with the bill, Republicans claim to be renewing their commitment to fiscal responsibility post-Bush.
00:05:13.000After Democrats lost, President Obama established the Simpson-Bowles Commission, which concluded that disaster was inevitable unless the federal government started cutting the spending and raising taxes and reforming entitlements.
00:05:25.000Well now, say a couple of scholars, now they say that the situation is significantly worse, significantly worse than it was then.
00:05:35.000Jason Furman, who chaired the Council of Economic Advisors under President Obama, he says, he and Lauren Summer, they now say they've co-authored a paper together questioning past assumptions about the national debt.
00:05:47.000He says the debt hawks of the 2010s were wrong to worry that America's balance sheet endangered the economy.
00:05:54.000But, as the industrialized world racked up debt through the 2010s, inflation and interest rates stayed low.
00:05:58.000The situation, said Furman and Summers, implies the U.S.
00:06:01.000government has much more leeway to borrow.
00:06:03.000Furman says the story is still the same here.
00:06:05.000But John Cochran at the Stanford University Hoover Institution disagrees.
00:06:08.000He says if you wait until the crisis comes, everything is much, much worse.
00:06:13.000So, in other words, people are starting to believe that we can just suspend the laws of economics permanently.
00:06:21.000Even Lawrence Summers, who helped author that study, saying that we're not spending too much money, now he says we're spending too much money.
00:06:28.000Debt projections, right now, are probably too low.
00:06:32.000They're probably significantly too low.
00:06:34.000So they're going to raise taxes, and they're going to raise taxes massively, and this is what they're interested in doing.
00:06:40.000The minute that you start raising taxes, you start driving corporations out.
00:06:43.000Multinational corporations simply move out of the United States.
00:06:47.000We had a bunch of reverse organizations of major American companies during the Obama administration, when companies that were sort of partially organized here and partially organized abroad simply reversed course and organized abroad instead, because the tax rates were lower there.
00:07:00.000So, the Democratic Party simply denies this.
00:07:10.000If you raise taxes on people, they will leave.
00:07:12.000One of the reasons people have been leaving California or places like Florida and Texas is because there's no state income tax in Florida and Texas.
00:07:17.000I speak as somebody who left California in large measure because of the state income tax in California.
00:07:22.000But Joe Biden is out there saying things that are abjectly untrue.
00:07:25.000He says there's no evidence that high taxes drive corporations out, which is just insane.
00:07:30.000Are you afraid that the highest tax will drive corporations?
00:08:06.000Come on, man, is Joe Biden's go-to when he has no actual logical counterpoint to the fact that corporations will react in their own economic self-interest to protect themselves if he radically increases the corporate tax rate.
00:08:16.000So they have decided that they're going to come up with a new solution, the Biden administration.
00:08:20.000They're not just going to raise taxes at home.
00:08:22.000They are now going to create a new world order in which the United States works with other European countries to artificially boost tax rates around the world.
00:08:29.000So if we can't get other countries, if we can't beat other countries on the tax front, we'll get them to join us on the tax front and artificially increase the price of doing business.
00:08:37.000Which, of course, is not going to avail anybody because corporations will then move to other parts of the world.
00:09:07.000Right now, Biden is quote-unquote leading the New World Order, but what happens when other European countries raise their corporate tax rates above the United States' corporate tax rates and demand that we raise our corporate tax rates as well?
00:09:17.000And what happens when all of our corporations decide, you know what?
00:09:38.000Rockauto.com will help you avoid that.
00:09:40.000When you go to an auto parts store, you have to stand in line, then finally you get to the front of the line, then they ask you all these really specific questions about your car you probably don't know, and then they're like, oh yeah, we don't have that part, we have to order it online.
00:09:49.000Or, you could just go online yourself by going to rockauto.com.
00:09:53.000RockAuto.com always offers the lowest prices possible rather than changing prices based on what the market will bear, like airlines do.
00:09:58.000Why would you spend up to twice as much for the same parts?
00:10:01.000RockAuto.com is a family business serving auto parts customers online for 20 years.
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00:10:14.000Why, again, would you spend up to twice as much for the same exact parts?
00:10:39.000The new proposal from the Biden administration is not just to radically increase taxes on corporations, which by the way, they keep talking about multinational corporations and we're going to punish giant corporations.
00:10:48.000A huge percentage of small businesses are incorporated.
00:10:52.000A huge percentage of small businesses are LLCs or inks.
00:10:55.000When he says he's not going to raise taxes on people making under $400,000 a year, you know how many small businesses in the United States have people who own them who don't make $400,000 a year?
00:11:03.000When you raise the corporate income tax, what you end up doing is raising taxes on all the people who make the money from that corporation.
00:11:11.000This is going to impact economic development.
00:11:13.000Right now, Biden can do whatever he wants because, again, right now we are in an artificial recovery because we're in an artificial depression.
00:11:19.000Last year, we had the greatest economy in the last 50 years running up into COVID.
00:11:58.000But, more broadly, Janet Yellen, who was supposed to be this moderate.
00:12:03.000Janet Yellen was supposed to be this apolitical figure at the head of the Federal Reserve.
00:12:07.000All she wanted was sort of moderate, slow inflation, slow growth in terms of the Federal Reserve boosting the economy, and instead has essentially put the Fed rate down at zero and left it there forever.
00:12:17.000Janet Yellen has a solution to the big problem here, which she's tacitly acknowledging, which is that if you raise the tax rates in the United States, people leave.
00:12:27.000Her solution is a global tax A global tax!
00:12:32.000We can have a global tax regimen whereby all the industrialized countries decide to set a minimum tax rate for corporations, thereby forcing corporations to pay that tax no matter where they organize.
00:12:42.000By the way, first of all, you think countries are gonna do this?
00:12:44.000You really think countries are gonna do this?
00:13:14.000You want to create a global depression, a pretty good way of doing that is raising the global tax rate.
00:13:19.000Beyond that, once you establish the basic notion of a global tax, who do you think is going to run that global tax?
00:13:24.000You're assuming it's always going to be the United States making those rates.
00:13:27.000But what happens when all the rest of these countries, they say, listen, you want a global tax?
00:13:30.000What we really need to do is we need to set up a council, a global economic council, and we are collectively going to decide the tax rates for the entire Western Hemisphere.
00:13:38.000We're going to do it for all the industrialized countries.
00:13:41.000So we'll just give up the autonomy to set our own tax rates here in the United States because of a global tax.
00:13:46.000How does she think this is going to work?
00:13:47.000And yet here she is proposing it, all to justify a crappy, bad economic idea from Joe Biden that is going to offshore jobs.
00:13:54.000We're working with G20 nations to agree to a global minimum corporate tax rate that can stop the race to the bottom.
00:14:05.000Together, we can use a global minimum tax to make sure the global economy thrives based on a more level playing field in the taxation of multinational corporations and spurs innovation, growth, and prosperity.
00:14:23.000Okay, the notion of increasing a global minimum tax as increasing innovation and prosperity is nuts.
00:14:29.000It's taking the money away from the people who do the innovation and the prosperity and giving it to governments who just blow it on random crap.
00:15:03.000Basically, we are going to reverse Brexit here.
00:15:06.000We are going to increase the interconnection of all economic policy with a bunch of countries who have completely different social structures, completely different spending structures.
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00:16:40.000Alrighty, so Joe Biden and company proposing a massive tax increase in the United States.
00:16:47.000Also, Democrats in Congress releasing their own proposal to add teeth to the de facto minimum tax the United States already imposes on income earned abroad, one that would apply to American multinational companies regardless of what the rest of the world does.
00:16:58.000The proposal could raise as much as $1 trillion over the next 15 years from large companies.
00:17:02.000Well, weird, because, you know, $1 trillion over the next 15 years, you know what that doesn't amount to?
00:17:05.000$4 trillion that we're going to spend over the next eight.
00:17:08.000And those are just the two bills that Biden is trying to pass in the first four months of his administration.
00:17:14.000Yellen, her support for a global minimum tax, according to the New York Times, could help catalyze an agreement being worked out through the Organization for Economic Cooperation and Development, which seeks to reduce companies' practice of booking profits in low-tax haven countries to avoid higher tax bills elsewhere.
00:17:27.000Negotiators are discussing a range of possibilities for such a plan, but they have not settled on several crucial details, including the rate of the minimum tax.
00:17:35.000The focus on raising taxes for large companies comes as Biden begins to push to sell a $2 trillion infrastructure plan and finance it with higher taxes.
00:17:43.000Democrats in the White House say their goal is to ensure companies pay their fair share and don't move jobs and profits abroad to avoid paying taxes in the United States.
00:17:51.000But of course, we are already taxing corporations at a higher rate than most European countries, so we're now encouraging all those European countries to come along with us.
00:17:58.000The only way that works is if they also get to control some of our policy.
00:18:02.000Senator Pat Toomey said that Yellen's call for a global minimum tax is an admission that Biden's plan to raise the corporate tax makes American companies less competitive, which of course is exactly true.
00:18:11.000The moment that you say we need a global minimum tax, what you're actually saying is that the United States is no longer competitive, so we have to bully other countries into doing what we want them to do.
00:18:21.000Yellen says that the many developing and middle-income countries are struggling financially because of insufficient tax revenue.
00:18:49.000What this is really about is punishing enemies and helping allies.
00:18:53.000Because the same administration, the same exact Biden administration that is currently pushing to raise taxes on corporations and raise taxes on multinational corporations and raise taxes on the top tax brackets, they are trying to carve out exceptions for their friends.
00:19:08.000So one of the little noticed things about the Trump tax bill is that if you lived in a blue state, it absolutely jacked you.
00:19:14.000The Trump tax bill lowered taxes overall for some 80% of Americans who pay taxes.
00:19:19.000But what the Trump tax bill also did is if you were paying a state or local tax, it was not counted as a deduction against your federal tax.
00:19:34.000That meant that before, state and local taxes were taken out of my income, and then, based on the remaining income, I paid federal income tax.
00:19:40.000Those were taken as a tax deduction against my federal income tax.
00:19:45.000My gross income was taken as the basis for both the state and local taxes and the federal taxes.
00:19:50.000So they're basically stacked on top of each other.
00:19:52.000That creates a counter-incentive for states to raise their own taxes, because now, citizens of those states are actually paying higher taxes.
00:20:02.000Now, what the Democrats would like to do is raise the federal taxes and punish states that have very little tax.
00:20:08.000Because they now want to basically exempt states and localities with high taxation from their citizens paying higher tax rates overall.
00:20:16.000The idea is that the federal government is going to subsidize states and localities with high tax rates.
00:20:20.000So, just to get the math wrong, but give a brief example, let's say that you have $100,000 income, and let's say that you pay $10,000 in state and local taxes.
00:20:29.000You now have $90,000 left over to pay your federal income tax, and you can take the $10,000 as a tax deduction against that, right?
00:21:02.000Well, the Biden administration wants to go back to the old tax system, whereby if you're in a blue state with a higher tax rate, you are not punished for being in a blue state with a higher tax rate.
00:21:13.000Now, what's weird about this is that these are the same people who say that they want to fill in the debt gap.
00:21:18.000They want to punish the rich unless the rich happen to live in a blue state, in which case those rich should be treated better than rich people living in red states because those red states are better run.
00:21:26.000And the last thing we would want is for people to move from blue states to red states for purposes of saving on tax money.
00:21:33.000So Jen Psaki over at the White House says, well, you know, maybe we will reinstate the blue state tax deductions.
00:21:39.000There's some that are proposing, as you all know, SALT deductions in other areas that are not revenue raisers.
00:21:45.000So this will be all a part of the discussion.
00:21:47.000And absolutely, our economic team and number data crunchers will be crunching numbers as we proceed.
00:21:52.000But we're kind of in the early stage of these discussions at this point.
00:21:56.000So again, they want to carve out exceptions for all of their friends, just like they want to carve out exceptions in campaign finance reform for big labor.
00:22:03.000And just like they want to carve out exceptions when it comes to when it comes to You know, virtually every other area of COVID, they want to exempt all their friends.
00:22:25.000All you New Yorkers who are about to move down, please leave your politics back where they came from.
00:22:30.000The purpose here is they know that all the taxes are going to rise in California and New York because blue states want to raise taxes.
00:22:36.000So Biden is trying to make it easier for states to raise taxes, just like Biden is trying to bully other countries into raising their taxes.
00:22:42.000The goal here is to build back better.
00:22:44.000And what do they mean by build back better?
00:22:45.000They mean more top-down government control.
00:22:47.000They mean more government confiscation of private property and then use for random payoffs to all of their friends.
00:22:54.000It is a new American order and it is a new world order that is currently being pursued.
00:22:58.000A world order in which if you are an ally of the Biden administration and the left, then you get special goodies, and if you are not, then you simply get punished.
00:23:06.000Meanwhile, speaking of punishment, The Biden administration continues trying to unofficially punish corporations for not doing what they want.
00:23:14.000So there is some funny blowback here, but the reality is that the Biden administration basically pushed major companies based in Georgia and doing business in Georgia into breaking up with Georgia by lying about this Georgia voting law.
00:23:30.000The Georgia voting law broadens the voting hours.
00:23:32.000The Georgia law broadens the ability to vote.
00:23:35.000You now have more time to vote in advance of an election.
00:23:37.000It opens alternative Sundays to voting.
00:23:39.000The Georgia law does not restrict voting.
00:23:41.000More people will be able to vote in Georgia more easily, thanks to the new Georgia voter law.
00:23:47.000But the Biden administration was lying about it for political gain, because they want to make it seem like Georgia's red nature, meaning that it's more a Republican state than a Democratic state, despite the last two Senate races, that that Republican state is actually discriminating against black Americans.
00:24:01.000This is the lie Stacey Abrams has been telling for years.
00:24:03.000It's a lie that Joe Biden has been telling for years.
00:24:05.000And they tripled down on that with their lies about the Georgia voting law, which we've discussed extensively on the show.
00:24:11.000Jen Psaki at the White House was asked about the fact that Joe Biden is a damned liar about this Georgia law.
00:25:00.000First of all, there are fact checkers who have said that it makes it easier for people to vote as in general over prior election law in Georgia.
00:25:06.000Beyond that, the fact checkers have said that Biden is lying, but they don't care about lying.
00:25:11.000The goal here is to punish people who are not like Joe Biden, who don't think like Joe Biden, who don't think like Democrats.
00:25:16.000Hey, Psaki said that when Biden encouraged the Major League Baseball All-Star Game to move from Georgia, he didn't even care about the economic consequences in Georgia.
00:26:18.000Okay, so what's amazing here, and we'll get to this in a second, is Biden is trying to back off this slightly because the backlash is coming, guys.
00:26:23.000The backlash is coming to all of us, to the New World Order nonsense.
00:26:29.000The backlash is coming to spending more money than God.
00:26:31.000The backlash is coming to the racial equity bullcrap being promoted by the Biden administration.
00:26:36.000The backlash is coming and it is coming strong.
00:26:38.000But Psaki says, we are going to punish our enemies, right?
00:26:41.000There will be more efforts like this and there should be more efforts like this to go after corporations and force those corporations to get involved in politics.
00:26:47.000And if they don't mirror our politics to punish those corporations.
00:26:51.000Should we believe that if PGA Tour players who are arriving in Augusta this week or today to register for the tournament, if they got together and decided or talked about not participating, that is something he would strongly support?
00:27:06.000I'm sure you will ask me that question or him this question, but our focus is on doing what we can to advocate for making voting easier and more accessible around the country.
00:27:18.000And that's where our efforts are going to be from the White House.
00:27:22.000The White House is going to militarize against corporations and against anybody doing business with states we just don't like.
00:27:28.000Now, of course, the people who actually benefit from doing business in these states, they're not going to actually stop doing business in these states.
00:27:33.000As Marco Rubio points out, the senator from Florida, He said to Rob Manfred, the head of MLB, you know, it's weird because I noticed that you are a member of Augusta National.
00:27:42.000Are you going to give up your membership at Augusta National?
00:27:44.000He said, I'd write to ask you whether you intend to maintain your membership at Augusta National Golf Club.
00:27:47.000As you're well aware, this exclusive members-only club is located in the state of Georgia.
00:27:59.000Georgia's new law gives you 17 days of early voting.
00:28:02.000Colorado's law gives you 15 days of early voting.
00:28:06.000Not only that, according to Ed Morris, you're writing it hot air, Colorado also requires government-issued ID for in-person voting the same way that Georgia does.
00:28:13.000Also, it turns out that Georgia actually prevents people from giving you stuff within a certain distance of the ballot box.
00:28:23.000It prevents campaign workers from giving food and water to voters within 100 feet if they are wearing campaign apparel.
00:28:28.000Also, you are signature required in Colorado for mail-in ballots.
00:28:32.000There's signature verification for mail-in ballots.
00:28:35.000Also, again, the state population in Georgia is 31.2% black, and they moved the $100 million business opportunity to a state where 4.1% of the population is black.
00:28:47.000Or if you look at Atlanta, Atlanta is 51% black.
00:28:49.000And Denver is 9.2% black and 76% white.
00:28:54.000So, so yes, none of this makes any sense, but it's not meant to make sense.
00:29:14.000Brian Schwartz over at CNBC, a political finance reporter, he put out a piece yesterday Saying that Disney, Geico, Expedia, and other corporations backed Florida lawmakers who are now sponsoring restrictive voting bills.
00:29:28.000Since 2018, thousands of dollars have flowed from these corporations into the campaigns of Florida lawmakers sponsoring the bills.
00:29:33.000Now the idea here is that all of these corporations are supposed to cut off business with the state of Florida or giving donations to any Republican who supports anything that the left does not like.
00:29:53.000And this is going to have consequences, as we'll talk about in just one second.
00:29:57.000Because it turns out that there is a momentum building and it is not on the left side of the aisle.
00:30:02.000It is not on the left side of the aisle.
00:30:03.000The worse the left gets, the more there will be a backlash.
00:30:06.000Right now, people are pretty sanguine about what Biden is doing because they're not following it because he's a houseplant.
00:30:09.000Because all he's there to do is hide the water stain.
00:30:11.000He's a non-threatening Nearly senile old gentleman who doesn't seem particularly mean, and the media just cover him with this sycophantic slobber.
00:30:22.000And everybody kind of goes, okay, I guess things are all right.
00:30:30.000First, let us talk about the fact that when you see a home with ugly blinds, when you walk into a home and it's got bad window coverings, occasionally, now that I've said it, you're going to see it.
00:30:39.000You walk into the home, you look at the blinds, and you realize this house needs an upgrade.
00:30:44.000If it does, you need to check out my friends over at Blinds.com.
00:30:46.000Blinds.com makes it simple to shop top quality blinds, shades, and interior shutters from home with easy online ordering and free shipping.
00:30:53.000The experts at Blinds.com understand that window treatments are one of the household items you just don't think about, but they can make a huge impact on the look and feel of your home.
00:31:01.000You don't need to do a full renovation.
00:31:03.000By simply changing what's on your windows, you can change the way light comes into your home, and that creates a totally different feel.
00:31:08.000Head on over to Blinds.com, just take a look at all the options.
00:31:10.000Full wood blinds, cellular and roller shades, even outdoor shades.
00:31:14.000If you're nervous about trying them, no reason to be, because Blinds.com has helped millions of homeowners through the process, plus they guarantee the perfect fit.
00:31:20.000Whether you do it yourself or have them measure and install everything for you.
00:31:23.000Go right now, see how much you can save at blinds.com.
00:31:26.000When you check out online, don't forget to tell them you heard about blinds.com from The Ben Shapiro Show.
00:31:32.000Go check them out right now, blinds.com.
00:31:35.000Again, upgrade the look and feel of your home and do it in an inexpensive way, blinds.com.
00:31:38.000Okay, in just a second, we are going to be getting to COVID insanity and the left's continued focus on generating A sort of panic feel about COVID, even though the statistics just do not justify that sort of panic.
00:31:52.000First, as we return from Easter and Passover, it's important to reflect on the impact holidays have on our faith and the impact Judeo-Christian values have on our culture.
00:31:59.000More and more, the left would love to erase those values and replace them with their own pseudo morality.
00:32:03.000That's one reason we've launched a brand new talk show with Candace Owens.
00:32:06.000She's one of the fiercest protectors of conservative values and free speech there is.
00:32:09.000Go behind the headlines and Twitter fights and see Candace as herself.
00:32:13.000Watch her host lively discussion panels.
00:32:16.000and exclusive interviews with an always exciting round of guests.
00:32:19.000Candace is also the first Daily Wire show to appear in front of a live studio audience, an element that's rarely been seen in conservative media, and cements our commitment to fighting for the culture.
00:32:27.000Whatever the left does, we can do better.
00:32:33.000But you can get the audio podcast, Candace, on Apple, Spotify, or wherever you listen to your podcasts.
00:32:37.000So, if you need some Candace Owens in your podcast feed to look no further, head on over to Apple Podcasts or Spotify and subscribe today.
00:32:44.000Be sure to leave a five-star review if you like what you hear.
00:32:46.000Here you're listening to the largest, fastest growing conservative podcast and radio show in the nation.
00:32:50.000♪♪ Okay, other factors that are going to lead So we've already talked about the economic policies of Joe Biden, which are going to put an artificial damper on what should be a rip-roaring economic recovery here.
00:33:04.000We're talking about inflation, inflation of prices.
00:33:06.000We're talking about spending money we don't have.
00:33:08.000We're talking about raising taxes to ungodly levels, and then trying to basically build an economic Berlin Wall to keep companies here at home.
00:33:47.000And yet we are still seeing the symptoms of COVID insanity everywhere.
00:33:51.000And it's being treated as some sort of normal.
00:33:55.000Like the new normal is COVID insanity.
00:33:57.000This has some real world consequences and people are quite sick of it.
00:34:01.000The tape that was making the rounds yesterday is from Spirit Airlines, where they kicked a family off because a two-year-old would not wear a mask.
00:35:07.000People are not getting this thing on planes.
00:35:10.000OK, that's been true since the beginning of the pandemic.
00:35:12.000Now that everybody is getting vaccinated or everybody's already had COVID.
00:35:15.000I mean, because remember, millions and millions of Americans have already had COVID and not had the vaccine.
00:35:20.000Again, I was at an event over Passover where people weren't wearing masks.
00:35:23.000And if a reporter had walked in, they would've been, oh my God, surely this will be a hotspot.
00:35:27.000Except that I asked the crowd at one of my speeches, how many of you have already had COVID or have had a vaccine?
00:35:33.000Every single hand in the audience goes up except for a couple of parents brought like a five-year-old and the five-year-old didn't put his hand up.
00:35:40.000Okay, this country is not in the middle of another COVID pandemic.
00:35:44.000And yet if you read the media, what you get is that the country is in the middle of a COVID pandemic, which is why we should all be panicked about people not wearing masks around us.
00:35:51.000And the media are lying to you about COVID, right?
00:35:53.00060 Minutes openly lied about Ron DeSantis.
00:35:56.000They suggested that Governor DeSantis here in Florida took a $100,000 bribe from money into his super PAC in order to get Publix to distribute the vaccine, which is insane because Publix is the number one grocery store with 800 outlets in the state of Florida.
00:36:09.000They've given 1.5 million people COVID shots in the state of Florida.
00:36:11.000That's a bad thing, apparently, according to your mainstream media.
00:36:14.000By the way, a Democratic mayor of Palm Beach County, he said that this is nonsense.
00:36:18.000He says, I watched the 60-minute segments on Palm Beach County last night and feel compelled to issue this statement.
00:36:23.000The reporting was not just based on bad information.
00:36:26.000I know this because I offered to provide my insight into Palm Beach County's vaccination efforts and 60 minutes declined.
00:36:32.000They know the governor came to Palm Beach County and met with me and the county administrator, and we asked to expand the state's partnership with Publix to Palm Beach County.
00:36:39.000We also discussed our own local plans to expand mass vaccination centers throughout the county, which the governor has been incredibly supportive of.
00:36:54.000The media are so focused in on the Biden administration narrative that the pandemic is endless, which is why we have to spend oodles and oodles of money and build back better.
00:37:02.000They're so focused on that that they're just completely willing to override reality.
00:37:41.000And the backlash is going to be severe.
00:37:43.000It's going to be real, and it's going to be severe.
00:37:46.000Which is why Harry Enten got himself in all sorts of trouble yesterday for pointing out the obvious.
00:37:50.000He had a piece over at CNN pointing out the early signs are very good for the GOP in 2022.
00:37:56.000He says President Joe Biden's first two and a half months in office have been far better received than former President Donald Trump's.
00:38:01.000Biden's been able to maintain an approval rating north of 50%.
00:38:03.000Yet, a look at the data also reveals that Biden's Democratic Party has likely not picked up any support since the election.
00:38:09.000If historical trends hold, Democrats are likely going to face a rough political environment in the midterms.
00:38:14.000One of the best ways to judge the political environment is through the generic congressional ballot.
00:38:18.000The generic ballot asks respondents some form of the following question.
00:38:21.000If the elections for Congress were held today, would you vote for the Democrats or the Republicans?
00:38:26.000Democrats are ahead on that measure by about four points in the average poll taken since the beginning of Biden's administration.
00:38:32.000That lead is about the same as the final margin in the 2020 presidential race and in the 2020 House popular vote.
00:38:38.000This tends to line up with what we have seen in terms of party identification.
00:38:42.000Remember, the 2020 polls tended to underestimate the Republican position, which means Republicans are actually doing better on the generic ballot now than they were heading into the 2020 election.
00:38:51.000Additionally, the types of voters who will be casting a ballot in 2022 will likely be more favorably disposed to the GOP than the overall voting population.
00:38:59.000The reason is that when there's a Democrat in the White House, Republicans have a turnout advantage.
00:39:03.000A study I did back in 2018 says Harry Enten, who's formerly a 538, reveals that voters who turned out in midterms with Democratic presidents were more Republican-leaning than registered voters at large in every single midterm since 1978.
00:39:15.000On average in these midterms, the gap between the registered voter and the actual electorate had been about five points more Republican among the actual electorate.
00:39:22.000Just applying that shift to the polling now, it's not hard to imagine that Republicans may already have an advantage with the voters who will turn out next year.
00:39:29.000Of course, it's possible the cycle could be different.
00:39:32.000It's likely, however, there will be some movement toward the Republicans in the national political environment between now and next November.
00:39:38.000The party not in control of the White House has done worse in the National House vote than they have, than they were doing on the generic ballot at this point, in 12 of 14 midterm elections for which we have polling at this point.
00:39:48.000The only exceptions were 1974, when Democrats already had a large lead, and 2002, when polling didn't take into account September 11th.
00:39:57.000Once you control for who controls the White House, there's a surprisingly strong correlation between the generic congressional ballot 19 months before the midterm elections and the eventual House results.
00:40:06.000If trends hold, the likely national House results in 2022, given the current generic ballot, is Republicans winning by between 4 and 5 points.
00:40:15.000So it would be a historical anomaly for Republicans not to win back the House in the next election cycle.
00:40:20.000So this notion that Democrats are always and forever going to be on the move here is just not true, in the same way that it was not true in 2008, after Barack Obama won a sweeping victory.
00:40:30.000And you can tell the Democrats are starting to run scared here.
00:40:32.000One of the ways that you can tell the Democrats are starting to run scared is that Joe Biden is now backing off of his own push for MLB to move the All-Star Game.
00:40:39.000So you remember, he went on ESPN with the reporter, Sage Steele, and Sage asked him about, by the way, she put out a tweet saying she disagreed with him on this.
00:40:49.000So just worth noting, Sage Steele asked him, should MLB move the All-Star game?
00:40:56.000Well, now that Stacey Abrams was pointing out to Joe Biden and company that you just alienated a huge percentage of Georgians with this nonsense.
00:41:06.000According to Politico, when Biden was asked last week what he thought of Major League Baseball moving its all-star game, he told ESPN he would strongly support them doing that.
00:41:13.000On Friday, the league announced it would hold the game elsewhere and, by the way, invoked Biden in their actual press release.
00:41:19.000Okay, that is just revisionist history.
00:41:20.000whether Biden supported the league's decision.
00:41:22.000Psaki re-read Biden's remarks and distanced the president from the boycott.
00:41:25.000She said, he wasn't dictating what major league baseball should do.
00:41:28.000He supports them being able to make that decision.
00:41:30.000Okay, that is just revisionist history.
00:41:32.000The Democrats might be starting to realize that it's a bad idea to be this crazy.
00:41:37.000They might be beginning to realize that there will be a backlash to all of this.
00:41:41.000And by the way, the backlash might be much stronger in terms of both the law and in terms of politics than anybody on the left is willing to contemplate.
00:41:50.000One of the areas of backlash could theoretically be going after Facebook, Twitter, and Google.
00:41:56.000Justice Clarence Thomas had a concurrence in a recent Supreme Court case on Monday in which the Supreme Court vacated a lower court ruling in finding that President Trump had acted unconstitutionally by blocking people on Twitter.
00:42:08.000That case, which the justices deem moot, hinged on the idea that the Donald Trump account was a public forum run by the president of the United States.
00:42:15.000In his concurrence, Justice Thomas agreed with the decision that the case was moot because Trump is no longer president.
00:42:20.000But he argued that Twitter's recent ban of Trump's account suggests it's the platforms themselves, not the government officials on them, that hold all the power.
00:42:27.000So in other words, if you are going to treat Donald Trump's Twitter account as though it is a public utility, you have to treat all of Twitter like it's a public utility.
00:42:35.000Thomas wrote, as Twitter made clear, the right to cut off speech lies most powerfully in the hands of private digital platforms.
00:42:40.000The extent to which that power matters for purposes of the First Amendment, and the extent to which that power could lawfully be modified, raise interesting and important questions.
00:42:48.000Thomas said, some digital platforms basically ought to be treated like common carriers.
00:42:52.000Thomas says, a traditional telephone company laid physical wires to create a network connecting people.
00:42:57.000Digital platforms lay information infrastructure that can be controlled in much the same way.
00:43:01.000Thomas argued that while private companies aren't subject to the First Amendment, common carriers are unique in that they don't have the right to exclude.
00:43:08.000He suggests that large tech platforms with substantial market power should be bound by the same restrictions.
00:43:12.000He says if the analogy between common carriers and digital platforms is correct, an answer may arise for dissatisfied platform users who would appreciate not being blocked.
00:43:20.000Laws that restrict the platform's right to exclude.
00:43:23.000So Thomas is overtly now stumping for Republicans to pass a law Maybe with some Democrats that basically say that Twitter and Facebook and Google can no longer exclude people on the basis of political bent.
00:43:35.000Thomas describes the sheer scope of Facebook and Google's market power, citing Facebook's 3 billion users and Google's 90% market share in search.
00:43:42.000He says it changes nothing that these platforms are not the sole means for distributing speech or information.
00:43:46.000A person could always choose to avoid the toll bridge or train, and instead swim the Charles River or hike the Oregon Trail.
00:43:51.000But in assessing whether a company exercises substantial market power, what matters is whether the alternatives are comparable.
00:43:56.000For many of today's digital platforms, nothing is.
00:44:03.000that it would be a legislature that does this.
00:44:05.000But he says, we'll soon have no choice but to address how our legal doctrines apply to highly concentrated, privately owned information infrastructures, such as digital platforms.
00:44:18.000They're not going to sit by and watch Joe Biden unilaterally redraw the lines of division and demarcation between the government and the individual.
00:44:25.000They're not going to sit by and watch social media redraw the lines of the First Amendment.
00:44:29.000They're not going to sit by and watch Democrats redraw the nature of American freedom of association and freedom of speech.
00:44:42.000And I am pleased to see that backlash coming because nothing could be more timely than a massive backlash against the wild leftist overreach we are currently seeing.
00:44:49.000All righty, we'll be back here later today with an additional hour of content coming up soon.