The Ben Shapiro Show - The Twilight of The Elite Ruling Class | Ep. 1536

00:00:00.000 After promising that their expertise would guide Americans through economic hardship, foreign policy chaos, and global pandemics, the experts have destroyed their own credibility, but still insist you mimic their values.

00:00:10.000 I'm Ben Shapiro.

00:00:10.000 This is The Ben Shapiro Show.

00:00:11.000 This show is sponsored by ExpressVPN.

00:00:19.000 It's time to stand up against big tech.

00:00:20.000 Protect your data at expressvpn.com.

00:00:23.000 Well, you may have noticed that the experts are not really great on the economy.

00:00:26.000 One thing that they are constantly saying is that, you know, that you should trust them when it comes to inflation and the dollar, and then they just kind of blow it every which way.

00:00:34.000 So right now, the value of the dollar is really strong, but five minutes ago, the value of the dollar was not nearly as strong.

00:00:38.000 So I will tell you, the best historic hedge against inflation, against uncertainty in the market, is in fact the only asset that has never really been worth zero.

00:00:46.000 I'm talking, of course, About gold.

00:00:48.000 You know, the Treasury Secretary Janet Yellen openly admitted to having blown it when it came to inflation.

00:00:52.000 She did this just a couple of months ago.

00:00:54.000 We hit a 40-year high at 9.1% last month, thanks to the geniuses in the White House and around the White House and at the Federal Reserve.

00:01:00.000 She said, I was wrong about the path inflation would take.

00:01:02.000 Well, yeah, I know.

00:01:03.000 We all know that.

00:01:04.000 So why exactly would you not hedge against these people?

00:01:07.000 It goes without saying, you can't trust these authorities on economic policy.

00:01:10.000 That's why you should take at least a little bit of your money and put it in gold and silver with Birch Gold Group.

00:01:13.000 Protect your savings from a turbulent economy by diversifying your 401k or IRA into physical gold.

00:01:19.000 It's not too late for you to take action right now.

00:01:20.000 Text BEN to 989898.

00:01:22.000 Get a free information kit on diversifying and protecting your savings with precious metals.

00:01:26.000 Birch Gold Group has an A-plus rating with the Better Business Bureau, countless five-star reviews, thousands of satisfied customers.

00:01:31.000 Text Ben to 989898.

00:01:33.000 Get real advice from Birch Gold today.

00:01:35.000 Again, text Ben to 989898 to claim your free, no-obligation information kit on protecting your savings with gold today.

00:01:42.000 One thing has become very clear in the United States, and really not just in the United States, around the world, there's now a revolt against the expert class, the people in the bureaucratic elite who have graduated from top universities and gone to top level law schools and gotten their PhDs in political science.

00:01:57.000 I'm not talking about a revolt against the people who spend their lives actually creating new products and services, you know, the scientists who create the web telescope or something, or the people who are creating brand new technologies in quantum computing.

00:02:08.000 That's not what the rebellion that you're seeing worldwide right now is against.

00:02:12.000 It's a rebellion against a cadre of folks who tend to believe that they have the capacity and ability, because they have high IQ, to control all the things in the world and make things better on every single front so long as you give them inordinate power to do so.

00:02:25.000 They also tend to believe that they speak for a higher level of morality.

00:02:29.000 And when you combine these two things, an expert class that claims expertise, but can't actually deliver, with a morality that runs directly against that of the vast majority of not only Americans, but people globally, what you end up with is a class that is held in disdain by nearly everyone.

00:02:44.000 And that class has been the governing class in the West for solidly 30 years at this point, really since the end of the Cold War.

00:02:51.000 During the Cold War, the expert class really was not predominant because there was an existential threat on the borders of the West.

00:02:58.000 And so everything was about fighting off that existential threat.

00:03:00.000 And so if experts made recommendations that seemed weird, if they made recommendations that seemed to undercut the ability of the West to fight off the Soviet Union, well then people just disregard that.

00:03:10.000 And this is why you got populist revolutions in, for example, the 1980s.

00:03:12.000 It's why you got Margaret Thatcher as Prime Minister of Britain. 0.92

00:03:14.000 It's why you got Ronald Reagan as President of the United States because of the failures of the expert class during the 1960s and the 1970s.

00:03:21.000 We have seen a consistent set of failures from the expert class, from essentially the fall of the Berlin Wall and on.

00:03:27.000 And then people wonder, why is it that people are so angry?

00:03:30.000 Why are they so angry?

00:03:31.000 Well, the answer is because they feel lied to.

00:03:33.000 They were told that there was a group of people who held a better value system, a system that was based on wisdom, a system that was based on an incisive capacity to see answers to difficult questions.

00:03:45.000 And these people were of one specific type.

00:03:48.000 The people who went to top universities and who did not believe in God, who are secularists.

00:03:53.000 They didn't believe in all of these old, weird ideas about how you ought to live your life in terms of family or in terms of sexual behavior.

00:04:00.000 They didn't believe in any of that stuff.

00:04:02.000 They were here to free you so that you would be personally liberated.

00:04:05.000 And then you would be able to just count on them to take care of all of your problems on the foreign policy, economic, environmental sphere.

00:04:10.000 And it turns out all of that was a lie.

00:04:12.000 And you are starting to see that break out into the open right now.

00:04:14.000 So one of the big questions the Democrats have been asking themselves in the United States, for example, right now is why are you seeing a major shift among minority voters toward the Republican Party?

00:04:23.000 There's a good piece by David French over at the Dispatch all about this over the weekend.

00:04:28.000 And it really is telling because what the elite class has done is not just blown it in terms of claiming expertise.

00:04:34.000 It's they've linked their own expertise with a certain way of seeing the world, with a worldview.

00:04:38.000 That worldview is secular in orientation.

00:04:40.000 It does not believe in religious values.

00:04:42.000 It doesn't believe that there are such a thing as traditional values passed down over the course of generations that ought to be upheld because they're just so smart.

00:04:49.000 They're rationalists who can rationalize their way into any bad idea.

00:04:52.000 On any front, but claim that they are morally superior to you.

00:04:55.000 So the same people who are claiming that they can run the world economy and they will run it beautifully are adding pronouns to their bios.

00:05:01.000 The same people who are suggesting that they can handle the illegal immigration problem in a sophisticated and nuanced way.

00:05:07.000 Those are the same people who are telling you that your child should be told at the age of five that he might be a she. 0.98

00:05:13.000 Those things are tied together, and that's a real problem.

00:05:15.000 So here's what David French writes.

00:05:16.000 He says, there's talk of realignment in the air.

00:05:18.000 If you think all the way back to 2012, you might remember a certain phrase, the coalition of the ascendant.

00:05:22.000 This was the Obama coalition, the collection of all of America's growing demographics from nonwhite voters to single women.

00:05:27.000 The Romney voters, by contrast, were fading.

00:05:29.000 White, Christian and married.

00:05:30.000 They were the demographic losers in a population that was becoming more diverse and more secular. 0.86

00:05:34.000 Democratic dominance was inevitable.

00:05:36.000 That analysis should have caused us to feel a certain looming dread.

00:05:39.000 Nations that use race or ethnicity as the organizing principle of politics are often quite unstable and quite violent.

00:05:44.000 This is true across the world, and it's true in our own land, too.

00:05:47.000 Systematic racial division and oppression fractured the country once.

00:05:49.000 It's foolish to think it couldn't fracture again, especially when the political class intentionally mobilizes voters to vote as a racial bloc.

00:05:56.000 Optimistic Democrats, says David French, didn't see Donald Trump's victory in 2016 so much as a refutation of the coalition of the ascendant theory, as a quirk, as much as a quirk of the electoral college, and a reminder that Hillary Clinton wasn't Barack Obama.

00:06:09.000 The nation wasn't quite majority-minority yet.

00:06:11.000 And thus, the white majority could still win races when identity politics reigns supreme.

00:06:15.000 But 2020 told a different tale.

00:06:17.000 The Democrats got whiter, Republicans got more diverse, and now all the assumptions are scrambled.

00:06:22.000 Donald Trump lost the popular vote by a wider margin than he did in 2016, but he did materially better with Hispanic, Asian, and Black voters.

00:06:28.000 In fact, Trump did better than Romney with non-white voters in 2016, and he improved on that showing in 2020.

00:06:33.000 What was once seen as an aberration now looks like a trend.

00:06:36.000 Moreover, there is good reason to believe that Hispanic voters will continue to migrate to the GOP.

00:06:41.000 We talked about this last week.

00:06:42.000 Roy Tisciera had an excellent piece over his Substack talking about the polling from Echelon Insights showing the gap between the white college-educated Democrats and Hispanic voters in particular.

00:06:51.000 There's one key element of that.

00:06:55.000 Most of the media will ignore because there's one thing you're not allowed to say in sophisticated circles and that is the word God.

00:06:59.000 You're not, you're never allowed to talk about that.

00:07:01.000 Now, I'm not right here making the argument for or against biblical values.

00:07:05.000 Obviously, I'm a believer in biblical values.

00:07:06.000 I wear a funny hat to show it every single day.

00:07:08.000 Okay, but that's not the argument I'm making.

00:07:10.000 The argument I'm making is that the vast majority of people across time and across cultures have believed in a higher power and they believe that their lives ought to be oriented toward trying to divine the purposes of that higher power and then doing the bidding of that higher power.

00:07:23.000 The idea of living a life of religion is not just common in the United States for most of world's history and indeed today.

00:07:29.000 It is still the most common way that people live across the world.

00:07:32.000 The Democratic Party has separated off from this idea en masse.

00:07:35.000 En masse.

00:07:37.000 So here's what David French points out.

00:07:39.000 He looks at a 2018 Pew Research Center survey.

00:07:43.000 on American religious beliefs.

00:07:44.000 And here is what it shows.

00:07:45.000 It shows that non-white Democrats more closely resemble Republicans than white Democrats with regard to their beliefs in God. 0.75

00:07:52.000 So, 72% of white Republicans believe in God as described by the Bible.

00:07:56.000 Another 22% believe in other higher power or spiritual force.

00:08:01.000 Right, so they still believe in God, but they don't actually believe in the Bible, or they sort of believe in the Bible, but they don't believe in it anyway, literally.

00:08:07.000 Okay, that leaves a grand total of 5% of white Republicans who don't believe in God.

00:08:14.000 Among non-white Republicans, the numbers are exactly the same. 0.61

00:08:17.000 Only 5% don't believe in God or in a higher power.

00:08:21.000 Now, if you look at non-white Democrats, non-white Democrats, only 5% of non-white Democrats say that they do not believe in God or a higher power.

00:08:30.000 However, 21% of white Democrats say they do not believe in God or a higher power.

00:08:37.000 That is a massive gap.

00:08:38.000 What that means is that non-white Democrats, when it comes to their beliefs in God, look a lot more like white Republicans and non-white Republicans than they do like white Democrats. 0.71

00:08:46.000 And what does that mean?

00:08:47.000 That's a proxy.

00:08:48.000 Okay, because belief in God, particularly the first part, belief in God as described in the Bible, right?

00:08:53.000 Put aside belief in another higher power, spiritual force, kind of generic spiritualism that tends to predominate at reformed synagogues and liberal churches.

00:09:02.000 Belief in God as described in the Bible.

00:09:04.000 Again, here are the numbers.

00:09:05.000 72% of white Republicans, yes on belief in God as described in the Bible.

00:09:09.000 60% of non-white Republicans, same thing.

00:09:12.000 61% of non-white Democrats also believe in God as described in the Bible.

00:09:16.000 Which means that they hold certain views, not just about God, but about the God of the Bible.

00:09:21.000 And the God of the Bible has a pretty traditional view of roles.

00:09:25.000 Of gender roles, of marital roles, of family roles, of how life ought to be constructed so as to achieve human happiness.

00:09:32.000 And the white Democrats, only 32%, 32, one half of the percentage of non-white Democrats, 32% of white Democrats only believe in God as described in the Bible.

00:09:45.000 32%, 3 in 10 versus 6 in 10 non-white Democrats.

00:09:49.000 And that has real ramifications, because these are not just sort of generic questions about how often you go to church or something.

00:09:54.000 What this has to do with is, people who believe in traditional religion, they have very similar views, regardless of their politics on economics.

00:10:01.000 They tend to have very similar views about things like, do men exist and do women exist?

00:10:06.000 They tend to have very similar views on, should a child have a mother and a father?

00:10:09.000 And similar views on, should grandparents have a role in a familial system helping deal with the children?

00:10:15.000 All of these basic structures of human life are far more common as an intensely believed mode of life among white Republicans, non-white Republicans, and non-white Democrats than among white Democrats, who are an entire class apart. 0.51

00:10:30.000 The non-white, the white Democrats, that group of people, if you say God in a company of white Democrats, that is not a polite word to say. 0.82

00:10:39.000 That is a word that alienates people and starts to get very uncomfortable very quickly.

00:10:43.000 And it's not just me saying this.

00:10:45.000 Adeem Beckett, the editor of the New York Times, in 2016, he said, you know, when I'm talking to the people who work with me and for me, they don't understand religion.

00:10:55.000 We're supposed to report on religion, but we literally don't understand because none of us live that way and none of us believe any of that.

00:11:01.000 I want to make sure that we are much more creative about beats out in the country.

00:11:07.000 So that we understand that anger and disconnectedness that people feel.

00:11:11.000 I think I use religion as an example because I was raised Catholic in New Orleans.

00:11:17.000 I think that the New York-based and Washington-based too, probably, media powerhouses don't quite get religion.

00:11:26.000 We have a fabulous religion writer, but she's all alone.

00:11:30.000 We don't get religion.

00:11:31.000 We don't get the role of religion in people's lives.

00:11:36.000 And I think we can do much, much better.

00:11:38.000 And I think there are things that we can be more creative about.

00:11:41.000 By the way, you can hear in the language that he uses there, there's one point where he stumbles is we don't agree.

00:11:45.000 And he stops himself because he knows that sounds really bad.

00:11:48.000 We don't agree with religion, but that's true. 1.00

00:11:51.000 And by the polling statistics, it's true.

00:11:55.000 The percentage of people who believe that God is powerful, knowing, and loving, right?

00:12:00.000 The sort of traditional description of God.

00:12:02.000 Powerful, knowing, and loving.

00:12:04.000 67% of white Republicans say all three.

00:12:07.000 66% of non-white Republicans, all three.

00:12:10.000 64% of non-white Democrats, all three.

00:12:12.000 Powerful, knowing, and loving.

00:12:12.000 35% of white Democrats agree that God is powerful, knowing, and loving.

00:12:18.000 Okay, so that gap has some really significant ramifications.

00:12:20.000 It means that people in these sort of secular enclaves in Los Angeles, and New York, and Washington, D.C., white, college-educated, upper-crust people, they don't believe in God.

00:12:29.000 They believe that religion is a net evil, that it creates polarization, that it creates violence, and all this sort of stuff.

00:12:36.000 And then they say to everybody else, we ought to run the system, because we're really smart.

00:12:40.000 We went to college, and we've created some sort of air-staffed social capital through the college and work relationships that we've formed.

00:12:46.000 And by the way, there is a secular church, but the secular church exists in universities.

00:12:51.000 This is why it has a cult-like atmosphere, where you have to call out people who have sinned.

00:12:55.000 It is more like a church than it is like a secular university of learning.

00:13:00.000 And this is the same in a lot of these corporate halls in left-wing centers.

00:13:04.000 You're supposed to acknowledge and repeat the words or phrases that are spoken to you on high by the secular cult leader.

00:13:09.000 When it's time for Black Lives Matter, you got to put that black square up. 1.00

00:13:11.000 And if you do not, you're in serious trouble.

00:13:13.000 If it's Pride Month, you best put the pride, not even the old gay pride flag, the pride progress flag up as an emoji or you are no longer part of the secular religion. 0.53

00:13:22.000 Well, this view of the world is entirely at odds with the vast majority of people all over the globe, as well as the vast majority of people here in the United States right now.

00:13:31.000 And so Democrats can't see this.

00:13:33.000 They think because they're very smart, we're really educated, and we can handle all of this.

00:13:35.000 Now, if the deal was, if the sort of tacit deal here was that you could be patronized by these people because they were so good at their jobs, right?

00:13:44.000 They could patronize your values.

00:13:45.000 They could say that you were a bitter clinger clinging to God and guns and religion and xenophobia and all of this, which is exactly what Barack Obama said in 2008.

00:13:51.000 But the subtle deal was, Work here to solve your problems, right?

00:13:55.000 So yeah, we attack your values. 1.00

00:13:56.000 Yeah, we think your values are crap. 1.00

00:13:58.000 Yeah, we think you're a bunch of benighted backwater flyover country idiots. 1.00

00:14:01.000 Yeah, we think all those things, but that's because we fix things. 1.00

00:14:04.000 So the trade-off is you're gonna have to just deal with the fact that we don't like your values because our values, our secular values, have led us to be so much wiser than you.

00:14:12.000 They've led us to create new priorities.

00:14:14.000 Priorities that we care about.

00:14:16.000 Like, we understand you don't care about those priorities so much, but we will make your life better in spite of you.

00:14:20.000 Well, the white, upper-crust, liberal elite, they treat you like a child, but here's the thing.

00:14:24.000 There's only one area of your life where you should act like a child.

00:14:26.000 It's when you sleep like a baby, and for this.

00:14:28.000 You need a Helix Sleep mattress.

00:14:29.000 Helix Sleep has a quiz.

00:14:30.000 It takes just two minutes to complete.

00:14:31.000 It matches your body type and sleep preferences to the perfect mattress for you.

00:14:34.000 Why would you buy a mattress made for somebody else?

00:14:36.000 With Helix, you're getting a mattress you know will be perfect for the way you sleep.

00:14:39.000 Everybody is unique.

00:14:40.000 Helix knows that.

00:14:40.000 They have several different mattress models to choose from.

00:14:42.000 They've got soft, medium, and firm mattresses.

00:14:44.000 Mattress is great for cooling you down if you sleep hot.

00:14:46.000 Mattress is great for spinal alignment, prevent morning aches and pains, even a Helix Plus mattress for plus-sized sleepers.

00:14:51.000 I took that Helix quiz.

00:14:52.000 I was matched with a model that was Very firm, because I get back pain if I'm on too soft a mattress.

00:14:56.000 It also breathes really well, which is great, because I tend to warm up a lot.

00:14:59.000 When you go to helixsleep.com slash Ben and take their two-minute sleep quiz, they'll match you to a customized mattress that'll give you the best sleep of your life, 10-year warranty.

00:15:06.000 You can try it out for 100 nights at risk-free.

00:15:07.000 They'll pick it up for you if you don't love it, but I'm not sure anyone has ever actually had to do this.

00:15:11.000 So, check them out today.

00:15:12.000 Helix has financing options and flexible payment plans.

00:15:14.000 A great night's sleep is never far away.

00:15:16.000 For a limited time, Helix is offering up to 350 bucks off all mattress orders and two free pillows for our listeners.

00:15:22.000 This is their best offer yet.

00:15:23.000 Hurry on over to helixsleep.com slash Ben.

00:15:26.000 Again, that's helixsleep.com slash Ben.

00:15:28.000 Go check them out right now.

00:15:29.000 So on an international level, this actually does create an enormous amount of backlash.

00:15:32.000 On an international level, there are a lot of countries all over the world.

00:15:35.000 I'm talking about Asia, Africa, the Middle East, parts of Eastern Europe, where people look at the secular left of the West and they say, you guys don't get to tell us that our values are bad.

00:15:44.000 Because I'm looking at your values and you guys have extraordinarily high suicidal ideation rates.

00:15:48.000 And half your kids are now identifying as LGBTQ plus minus divided by ampersand. 0.94

00:15:52.000 So no, we don't buy into that.

00:15:54.000 But at least you could make the case if they were good at everything else.

00:15:57.000 If they were great at everything else.

00:15:58.000 If the elites, sure they have this crazy value system, but the proof is in the pudding.

00:16:03.000 The value system must be good because they're really good at their jobs, right?

00:16:05.000 Because that cult of expertise, the idea that they are scientifically minded bureaucrats and that science has invaded every aspect of your life.

00:16:11.000 When you talk to people on the secular left, this is what they will say.

00:16:14.000 They'll say, I just follow the science.

00:16:16.000 Everything is science.

00:16:17.000 Everything gets promoted under the rubric of science.

00:16:19.000 And here I'm not talking, again, about people who actually do science.

00:16:22.000 I'm talking about people who are in political science, which is not a field, okay?

00:16:25.000 I majored in poli-sci when I was in college.

00:16:28.000 There's no such thing as political science.

00:16:29.000 There's just politics.

00:16:30.000 There's no such thing as social science.

00:16:32.000 There is just studies, okay?

00:16:34.000 The idea that this is any way, shape, or form similar to, like, performing an experiment in a laboratory is just nonsense.

00:16:41.000 It's not true.

00:16:42.000 But you have a bunch of elite people who have decided to hijack the rubric of science.

00:16:45.000 Science is their new god.

00:16:46.000 It's at least what they're going to act in the name of.

00:16:48.000 And then they're going to fix all your problems.

00:16:49.000 So, how's it going?

00:16:50.000 Right?

00:16:50.000 That would be the big question.

00:16:52.000 So the experts, the bureaucratic experts that are going to take the power away from you, they're going to tell you your culture sucked.

00:16:52.000 How's it going?

00:16:56.000 They're going to tell you they could restructure the family.

00:16:58.000 They're going to tell you they can indoctrinate your kids into all modes of bizarre gender ideology. 1.00

00:17:02.000 They can indoctrinate your kids into the idea that America is really not a particularly special place and that America is racist and all this.

00:17:07.000 They can do this because they're the experts.

00:17:09.000 So, If that paid off, at the very least, they'd have to be good at their job.

00:17:13.000 And herein lies the rub.

00:17:15.000 They're really bad at their job.

00:17:17.000 And this is what you're seeing right now.

00:17:18.000 When Joe Biden took office, he came into office pledging that he was going to restore expertise.

00:17:22.000 This was an open campaign pledged by the Democrats.

00:17:25.000 The professionals are back in charge.

00:17:27.000 And then they proceeded to blow it in every way it is possible to blow it. 0.99

00:17:31.000 They got the experts are back in charge, and it turns out they suck at their jobs.

00:17:35.000 And so we are about to get a massive rebellion on both the right and the left, by the way.

00:17:39.000 As we'll discuss in a moment, against this elite class that said, without any shred of humility, that they could reshape moral society, they could reshape your relationship with your own family, they could reshape the values you live by, and they could reshape the economy, foreign policy, the environment, all these things, because they're just so damn smart.

00:17:55.000 Except, maybe, they're not as smart as they think they are, because no one's as smart as they think they are. 0.99

00:17:59.000 It's not that they're stupid. 0.99

00:18:00.000 It's that they are under the grave misimpression that the diffuse knowledge of all humanity is somehow less than the knowledge that they have personally. 0.99

00:18:10.000 Which, by the way, is always false.

00:18:12.000 That is almost in virtually every area, unless you're talking about like an extraordinarily specific area that requires intensive study, like you're a nuclear physicist or something.

00:18:20.000 Diffuse knowledge of how the world works is way larger than the knowledge any one person holds, right?

00:18:25.000 There's a basic F.A.

00:18:26.000 Hayekian principle when it comes to why, for example, free market economics work and centralized economics do not.

00:18:31.000 Because no group at the top of an economy deciding what prices should be and how goods and services should be allocated is going to have as much information as the entire society at large.

00:18:39.000 That's true in nearly everything.

00:18:42.000 But these very smart people, because they're very smart, they think, well, I have more IQ points than that guy, and that guy, and that guy.

00:18:47.000 That's true.

00:18:48.000 But when you aggregate all the knowledge of those people, it's way more than whatever you think you know.

00:18:53.000 It's way more wisdom than whatever you think you have.

00:18:55.000 So how is this manifested?

00:18:56.000 It's manifested in tremendous failure.

00:18:58.000 So on the economic front, we have 40-year highs in inflation.

00:19:01.000 According to the Wall Street Journal, Federal Reserve officials have signaled they are likely to raise interest rates by 0.75 percentage points later this month for the second straight meeting as part of an aggressive effort to combat high inflation.

00:19:10.000 Policymakers left the door open to a larger full percentage point increase at the July 26-27 gathering.

00:19:16.000 Some of them simultaneously poured cold water on the IDA in recent interviews and public comments ahead of their pre-meeting quiet period, which began on Saturday.

00:19:24.000 Some officials pointed to signs economic activity was softening as they raised rates at a historically brisk pace.

00:19:29.000 You don't want to overdo the rate increases.

00:19:31.000 A 75 basis point hike, folks, is huge, said Fed Governor Christopher Waller.

00:19:35.000 Don't say because you're not going 100, you're not doing your job.

00:19:38.000 Well, except you're not doing your job.

00:19:40.000 Because you were telling us until five seconds ago, you experts, you genius experts, you were telling us, we wouldn't have to worry about inflation because you were in charge.

00:19:47.000 Don't worry, the inflation was transitory, it would all go away.

00:19:50.000 And now, as Mohamed El-Erian of Allianz has said, you're tap, tap, tapping the brakes and it's too late.

00:19:55.000 That cliff is right here, which means you're going to have to slam the brakes on.

00:20:00.000 There's gonna be pain.

00:20:01.000 And that pain is going to be incurred because the experts blew it.

00:20:04.000 And then they ask us to trust us.

00:20:05.000 To avoid the cliff.

00:20:06.000 Well, why would I trust you?

00:20:08.000 You're the ones who put us on the path to the cliff in the first place.

00:20:10.000 We didn't have to go this way.

00:20:11.000 One of the most basic...

00:20:14.000 Notions of Econ 101 is too much money following too few goods leads to inflation.

00:20:19.000 So what did the Federal Reserve do?

00:20:21.000 They tossed $7 trillion at the problem in 2020.

00:20:23.000 And then they tossed trillions more of dollars at the problem in 2021. 0.85

00:20:26.000 And then Joe Biden poured trillions more in spending on top of that.

00:20:29.000 And they're like, oh my God, I can't believe inflation is happening.

00:20:32.000 Maybe you experts are not so expert at what it is that you do.

00:20:35.000 And on the economy, it shows.

00:20:38.000 The Labor Department reported the Consumer Price Index rose 9.1% in June from a year before.

00:20:42.000 That is a new four-decade high.

00:20:43.000 It showed inflation pressures broadening across the economy.

00:20:47.000 Fed officials have raised interest rates at their past three meetings, beginning with a quarter-point increase in March.

00:20:52.000 But I'm sorry, us being at Two percent in interest rates right now, that is not going to quash inflation.

00:21:00.000 Meanwhile, you are likely to see the stock market take another hit because as the economy slows, the earnings go down.

00:21:05.000 When the earnings go down, that is going to combine with the fact that stocks have been way overpriced thanks to the inflationary bubble that's been created to be another knock on stock.

00:21:13.000 So what's happening right now is a market correction because so much money was available to people.

00:21:17.000 They're like, what do I do with this?

00:21:18.000 And they just threw it at the stock market.

00:21:19.000 They threw it at tech bubble stocks like Twitter.

00:21:22.000 Which was, last I checked, at a 160 price-to-earnings ratio, which is insane.

00:21:30.000 160.

00:21:31.000 Normally, on the stock market, it's like 20 to 25.

00:21:33.000 160.

00:21:34.000 That's how much money people had, and they were just throwing it at things, right?

00:21:36.000 Throwing it at bored gorilla NFTs and such. 1.00

00:21:40.000 And that sort of stuff is likely to happen when there's a lot of money floating around the system.

00:21:43.000 Okay, well, so let's take Twitter as an example.

00:21:46.000 What happens when the original price-to-earnings ratio was way out of whack, like 160-200?

00:21:53.000 You get a market correction when the money goes away, right?

00:21:54.000 People sell their stock because they need the access to the cash.

00:21:57.000 Okay, what happens then when the economy slows and the earnings go down?

00:22:00.000 Well, then you get another market correction.

00:22:01.000 So I think we're about to see wave two of market correction in the stock market.

00:22:04.000 According to the Wall Street Journal, investors hoping a strong start to earnings season would jolt the stock market from its slump haven't gotten much satisfaction.

00:22:11.000 Early reports from U.S.

00:22:12.000 companies have refocused attention on some of the biggest challenges facing businesses, from the threat of an economic slowdown to the pressure that rising costs are putting on corporate profits.

00:22:20.000 The lackluster corporate results, together with a fresh inflation reading at yet another four-decade high, pulled major indices lower as investors braced for the Federal Reserve to aggressively lift interest rates again.

00:22:29.000 Even after staging a big Friday rally, the S&P 500 declined 0.9% last week, bringing its losses this year to 19%, which is a solid loss in the stock market.

00:22:40.000 It's been an inauspicious start to earnings season so far, said Matt Perrin, Director of Research at Janus Henderson Investors.

00:22:45.000 You're starting to see some pressure on the expense line due to inflation.

00:22:49.000 Of the 7% of S&P 500 companies that have reported so far, 60% have beaten earnings expectations.

00:22:54.000 That is below the average of 77% over the last five years, according to FactSet.

00:22:59.000 So again, the experts blew it on the economy.

00:23:03.000 They did.

00:23:05.000 When it comes to the economy, life is a risky place.

00:23:07.000 That's also just true generally.

00:23:09.000 You just never know when, God forbid, you're walking down the street and a crazed unicyclist jumps the curb, knocks you over into the path of an oncoming truck.

00:23:16.000 You just don't know when that's going to happen, which is why You should get the life insurance you need over at PolicyGenius.

00:23:21.000 PolicyGenius is an insurance comparison website that makes it easy to compare quotes from top companies like AIG and Prudential all in one place to find your lowest price.

00:23:28.000 You could save 50% or more on life insurance by comparing quotes with PolicyGenius.

00:23:32.000 Just click the link in the description or head on over to policygenius.com.

00:23:35.000 Get personalized quotes in minutes.

00:23:37.000 Find the right policy for your needs.

00:23:39.000 Licensed agents at PolicyGenius work for you, not the insurance companies.

00:23:42.000 They're on hand throughout the entire process to help you understand your options so you can make decisions with confidence.

00:23:46.000 PolicyGenius doesn't add on to the extra fees.

00:23:48.000 Your personal information is private.

00:23:49.000 PolicyGenius doesn't sell your details to third parties.

00:23:51.000 They have thousands of five-star reviews across Google and Trustpilot and options that offer coverage in as little as a week and avoid unnecessary medical exams.

00:23:58.000 Since 2014, PolicyGenius has helped over 30 million people shop for insurance.

00:24:01.000 They've placed over $150 billion in coverage.

00:24:04.000 Head on over to PolicyGenius.com slash Shapiro.

00:24:06.000 Get your free life insurance quotes today.

00:24:07.000 See how much.

00:24:08.000 You could save.

00:24:09.000 Be the responsible adult in the room.

00:24:11.000 Have the life insurance you need.

00:24:12.000 Policygenius.com slash Shapiro.

00:24:15.000 The Wall Street Journal is reporting today that inflation has outpaced wage growth.

00:24:21.000 I mean, dramatically.

00:24:22.000 And now it's cutting into spending as well.

00:24:27.000 Early in the COVID-19 pandemic, U.S.

00:24:29.000 wage growth accelerated as weekly earnings jumped more than 7% in April and May of 2020.

00:24:32.000 The gain got a boost from low inflation and fewer expenses, bolstering the finances of Americans who kept their jobs.

00:24:38.000 Over the past year, wage increases have continued to exceed pre-pandemic levels, but those steady gains have been wiped out entirely by high prices.

00:24:45.000 When you take inflation into account, there hasn't been a single month with a year-over-year earnings growth since March 2021.

00:24:51.000 Which, not coincidentally, is when Joe Biden was ramming through that $1.9 trillion boondoggle stimulus package that was completely unnecessary.

00:24:59.000 Workers, according to the Washington Post, are now picking up extra jobs just to pay for gas and food.

00:25:03.000 This is all the product of the experts.

00:25:05.000 The experts who said that they would have all of this under control, they did not have all of this under control.

00:25:10.000 And the same thing holds true, not just with regard to domestic policy, it holds true with regard to foreign policy.

00:25:16.000 They keep talking about gas prices, for example, and they pretend they know what they're doing.

00:25:19.000 They don't know what they're doing.

00:25:20.000 So Jared Bernstein, the White House economic advisor, he was asked about whether the price of gas is going to rise given the fact that we're about to put new sanctions, Europe and the United States, on Russian oil and natural gas exports.

00:25:29.000 And he was like, I don't know, maybe.

00:25:31.000 Well, that's reassuring.

00:25:33.000 The Washington Post is reporting that the Treasury Department says that the oil price could soar 50% after, actually more than 50% after the European sanctions on Russia kick in on Russian gas.

00:25:49.000 So the question is, are analysts who are predicting that that might make gas prices $6 a gallon accurate?

00:25:58.000 Could prices actually go back up?

00:26:00.000 So, a lot to unpack there.

00:26:02.000 First of all, you talked about the price of oil.

00:26:04.000 I should have mentioned this earlier.

00:26:05.000 While the gas price is down about 8 or 9 percent, the oil price is down about 20 percent.

00:26:10.000 So when we talk about the president doing all he can to provide relief at the pump, one of the things that he's doing is trying to nudge these companies to pass some of those savings along to consumers.

00:26:20.000 Okay, so again, they're just gonna yell at the gas stations.

00:26:23.000 Okay, so here's how the experts decide to do their foreign policy.

00:26:25.000 So the liberal-minded experts, when it comes to foreign policy, they tend to fall into the trap of thinking that moral absolutism is a substitute for real policy.

00:26:36.000 So, morality obviously plays a role in foreign policy, clearly.

00:26:39.000 The United States is a moral country on the world stage.

00:26:41.000 We try to be.

00:26:42.000 We are the most moral country in world history on the world stage, which is why we've ended tyranny in a bevy of countries around the world, and we've freed hundreds of millions of people and raised billions of people from abject poverty.

00:26:50.000 All of that can be true.

00:26:51.000 It also happens to be true that there is no substitute for a good, old-fashioned understanding of how realpolitik works.

00:26:58.000 When George Washington talked about avoiding foreign entanglements, what he meant by that was that we always have to do what's in the best interest of America.

00:27:04.000 Because if you believe that America is the greatest, best hope for humanity, then America weakening itself through foreign entanglements that it has no intention on actually fulfilling actually makes it worse off. 0.95

00:27:15.000 But the expert class has said that you don't need to worry about any of that sort of stuff.

00:27:19.000 The expert class says, for example, that we must be invested in Iran moderating for no apparent reason.

00:27:24.000 We must be invested in the notion that the Palestinian issue in the Middle East is central to all economics and all deal making in the Middle East.

00:27:32.000 And none of that is true.

00:27:33.000 This is what the expert class told us for years.

00:27:35.000 And so when Joe Biden was running for president, he and his experts, they suggested repeatedly that they were going to crack down on Saudi Arabia, right?

00:27:43.000 This was the moral thing to do, to crack down on Saudi Arabia. 0.99

00:27:46.000 Now listen, Saudi Arabia is a tyranny.

00:27:49.000 So is pretty much every other country in that region.

00:27:52.000 The question is whether that tyranny is good for the United States or bad for the United States, whether we get net benefit or net detriment from that tyranny.

00:28:00.000 Doesn't mean that in the high in the sky, best of all possible worlds, a thousand flowers would bloom and democracy would bust out everywhere and suddenly there would be an insane amount of free speech and freedom of expression.

00:28:12.000 Like that would be the best.

00:28:14.000 True.

00:28:14.000 It would also be unbelievable if all of our rivers flowed with milk chocolate.

00:28:18.000 That would be an amazing thing.

00:28:19.000 It would.

00:28:20.000 It would be incredible.

00:28:21.000 There's reality and then there's what you wish would happen.

00:28:24.000 And our liberal elite class, particularly on foreign policy, have a really bad habit of hoping that because they think they're in the moral right, that means that good things will follow.

00:28:34.000 That is not expert. 0.99

00:28:35.000 That is just actually kind of dumb. 0.97

00:28:37.000 So, for example, in October of 2020, Vice President Joe Biden, he was then running for president, obviously. 0.97

00:28:43.000 He made a statement on the anniversary of Jamal Khashoggi's murder.

00:28:47.000 Okay, so Jamal Khashoggi was killed, you will remember, in 2018.

00:28:50.000 Okay, so the calendar now says it is 2022.

00:28:54.000 In those intervening years, how many people have been killed by the Iranians in Syria?

00:28:58.000 How many people have been killed by the Houthis in Yemen?

00:29:02.000 In that intervening period, how many dissidents have been jailed by the Turkish government or the Jordanian government?

00:29:10.000 How many terror attacks have been sponsored in Afghanistan by parties outside Afghanistan?

00:29:16.000 But Jamal Khashoggi is top of news still in 2022.

00:29:19.000 And that's because in 2020, there was a decision that was made by the Left wing of the liberal establishment, the elites, the foreign policy geniuses who had brought about the Iran nuclear deal, which was a disaster.

00:29:30.000 Their deal was that they were going to go hard after Saudi Arabia. 0.56

00:29:33.000 They were angry at Saudi Arabia.

00:29:35.000 Saudi Arabia was a particular problem now.

00:29:37.000 Now, nothing Saudi Arabia does now is particularly different than anything Saudi Arabia has been doing for several decades at this point.

00:29:43.000 The only thing that changed is that the foreign policy elite decided they were going to make common cause of the wrong, which by the way, is what pushed Saudi Arabia and the UAE and a bunch of other Gulf states into peace dealing with the Israelis.

00:29:54.000 So in October of 2020, Joe Biden went out there, expert that he is, that the professionals were back in charge, and he made a principled statement about the death of Jamal Khashoggi.

00:30:04.000 Jamal Khashoggi had been a writer on and off for the Washington Post.

00:30:08.000 He's also associated with the Muslim Brotherhood, shouldn't have been murdered, also was not a real advocate of Western democratic values, I would say. 0.89

00:30:14.000 In any case, Joe Biden put out this statement.

00:30:16.000 He said, two years ago, Saudi operatives reportedly acting at the direction of Saudi Crown Prince Mohammed bin Salman murdered and dismembered Saudi dissident journalist and U.S.

00:30:23.000 resident Jamal Khashoggi.

00:30:25.000 His offense, for which he paid with his life, was criticizing the policies of his government.

00:30:28.000 Today, I join many brave Saudi women and men, activists, journalists, and the international community in mourning Khashoggi's death and echoing his call for people everywhere to exercise their universal rights and freedom.

00:30:39.000 Jamal Khashoggi and his loved ones deserve accountability under a Biden-Harris administration.

00:30:42.000 We will reassess our relationship with the kingdom.

00:30:45.000 We'll make sure America does not check its values at the door to sell arms or buy oil.

00:30:50.000 So remember, this is Joe Biden's highfalutin.

00:30:53.000 expert statement about foreign policy. If you flashback only about two years. And then you'll remember that in 2021, Jen Psaki, who is then the White House press secretary, she said that Joe Biden was basically going to try to cut Mohammed bin Salman out of the conversation entirely. So Mohammed bin Salman is effectively the de facto leader of Saudi Arabia at this point, because the king of Saudi Arabia is very elderly and not in good health.

00:31:13.000 And Jen Psaki was like, well, what if we just, we'll just pretend MBS doesn't exist, right?

00:31:18.000 This is the elites.

00:31:19.000 They're geniuses.

00:31:19.000 They don't care about your oil price.

00:31:21.000 They don't care about how actual foreign policy works.

00:31:23.000 What they care about is their own sense of self-worth.

00:31:27.000 So here is Jen Psaki explaining the Biden administration position here. 0.69

00:31:31.000 We're going to recalibrate our relationship with Saudi Arabia.

00:31:36.000 And that President Biden, one of the questions there was also, just to go back to the context of it, whether he would be speaking with MBS.

00:31:47.000 And part of that is going back to engagement counterpart to counterpart.

00:31:51.000 The President's counterpart is King Salman, and I expect at an appropriate time he would have a conversation with him.

00:31:57.000 I don't have a prediction of the timeline on that.

00:31:59.000 But I'll also say that we have – Saudi Arabia is in a position where they are defending themselves from threats from the region.

00:32:11.000 They are – they have critical self-defense needs, and we will continue to work with them on those even as we make clear areas where we have disagreements and where we have concerns.

00:32:21.000 Okay, the reason this became super awkward is because Joe Biden went to Saudi Arabia over the weekend.

00:32:25.000 And while he was in Saudi Arabia, there'd been a big deal.

00:32:26.000 Was he going to shake the hand of Mohammed bin Salman?

00:32:28.000 This is a self-made problem.

00:32:30.000 What Joe Biden should have said is, I shake the hands of a lot of heads of states of foreign countries who I think have done really terrible things.

00:32:37.000 That's what being an international leader is.

00:32:39.000 You're routinely in conversation with people you think do terrible things on a regular basis.

00:32:44.000 So, in order for the United States to achieve its objectives, what am I supposed to do?

00:32:47.000 Smack Mohammed bin Salman upside the face?

00:32:49.000 Like backhand him or something? 1.00

00:32:51.000 So instead, Joe Biden had this whole stupid charade that he played with the State Department. 0.99

00:32:55.000 Was he going to shake his hand? 1.00

00:32:56.000 Was he not going to shake his hand?

00:32:57.000 Was he going to pretend that it was COVID that was preventing him from shaking hands?

00:33:00.000 Well, instead, Biden got out of his car and he immediately fist-bumped with MBS.

00:33:04.000 Which, by the way, looks a lot more chummy than a handshake.

00:33:06.000 The great irony is, in trying to avoid the handshake, he looked much more chummy.

00:33:10.000 You fist-bump with your friends.

00:33:11.000 You don't fist-bump with strangers.

00:33:13.000 At least not really except for COVID reasons.

00:33:17.000 Here is Joe Biden looking pretty chummy with MBS.

00:33:21.000 So he gets out of the car.

00:33:23.000 Very slowly, because that is the only speed at which he moves.

00:33:26.000 Man, he constantly looks like he's about to fall.

00:33:27.000 And then he gets out and he fist bumps Mohammed bin Salman and they walk in together.

00:33:31.000 And this launches the left into spasms of apoplexy.

00:33:35.000 They're just so upset.

00:33:37.000 We've been failed.

00:33:38.000 We were told that you were going to stand up to the Saudis. 1.00

00:33:40.000 And so you have, for example, Dana Bash asking Jared Bernstein, why is Joe Biden fist bumping a murderer?

00:33:45.000 I want you to look at this image.

00:33:47.000 I know you've seen it.

00:33:48.000 The world has seen it.

00:33:49.000 The fist bump.

00:33:50.000 And the reaction has been swift because this is a man who ordered the brutal murder of a journalist and then his body was dismembered with a bone saw.

00:34:01.000 Jamal Khashoggi's fiance said if he were alive today he would say, is this the accountability you promised for my murder?

00:34:07.000 The blood of MBS's next victims is on your hands.

00:34:12.000 Why is he fist bumping a murderer?

00:34:14.000 Okay, so I mean, this is how the media responds.

00:34:15.000 Now, the real answer to this is that when Joe Biden was campaigning, and then when he was president, he should have said, I'm doing what's in the best interest of the United States.

00:34:21.000 We do need lower gas prices in the United States, which, by the way, is the other reason he shouldn't have embraced garbage environmental policy that cut down on the ability of the United States to be more oil independent of countries like Saudi Arabia.

00:34:33.000 So Joe Biden has responded to this, as the experts typically do, by getting randomly angry at people and shouting at the clouds.

00:34:38.000 So he was asked by a member of the media, The Saudi Foreign Minister says he didn't hear you accuse the Crown Prince of Khashoggi's murder.

00:34:47.000 Is he telling the truth?

00:34:49.000 No.

00:34:50.000 He was like a fist pump, Mr. President.

00:34:53.000 Why do you guys talk about something maddening?

00:34:56.000 No, he is like a fish pump, Mr. President.

00:34:59.000 Why don't you guys talk about something that matters?

00:35:01.000 I haven't reacted to questions that matter.

00:35:03.000 Why don't you guys talk about something that matters?

00:35:06.000 Well, I mean, you're the one who started this, sir.

00:35:09.000 You and your expert class started this conversation.

00:35:11.000 And then you're unwilling to finish the conversation.

00:35:13.000 Joe Biden, by the way, claimed that he had confronted MBS about the Khashoggi murder, and the Saudi foreign minister was like, no, you didn't.

00:35:19.000 That's not a thing that happened.

00:35:20.000 Joe Biden is an angry, elderly gentleman.

00:35:23.000 But if you wish to alleviate someone else's anger, let's say that you've made a boo-boo and you need to fix this.

00:35:26.000 Gentlemen, I'm talking to you.

00:35:28.000 You need jewelry.

00:35:29.000 I'm just gonna put it out there.

00:35:30.000 Not that I've ever done this before, but if you need to get your lady a piece of jewelry that will make everything all better, you need to head on over.

00:35:36.000 to Blue Nile. At Blue Nile, you can build the engagement ring of her dreams, for example.

00:35:40.000 Blue Nile has simple online tools that let you choose the diamond shape, size, and clarity, as well as setting style. Blue Nile's bench jewelers will then build her the perfect engagement ring. Each is one of a kind. Or you can celebrate the woman in your life with their vast selection of everyday fine jewelry like gold layering necklace or tennis bracelets. If you have trouble choosing, Blue Nile has jewelry experts on hand to help you.

00:35:57.000 They're available via phone or chat to help you find a memorable gift at every budget.

00:36:02.000 Blue Nile is the world's largest retailers in certified diamonds and fine jewelry.

00:36:05.000 They offer a superior buying experience, whatever you are in the market for.

00:36:09.000 I got my wife these beautiful diamond earrings.

00:36:11.000 I mean, they are just gorgeous hoop diamond earrings.

00:36:12.000 Let me just tell you, they made her extremely happy.

00:36:15.000 They're amazing quality.

00:36:16.000 They look fantastic.

00:36:17.000 Make your moment sparkle with BlueNile.com.

00:36:20.000 Going on right now is the Blue Nile Anniversary Sale.

00:36:22.000 Save up to 40% on classic fine jewelry pieces and 25% on engagement ring settings.

00:36:27.000 Plus, every order is insured, ships free, arrives in discreet packaging that will not give away what's inside.

00:36:32.000 Shop stress-free.

00:36:33.000 Find your forever piece.

00:36:34.000 Go to BlueNile.com today.

00:36:36.000 This week, we are celebrating the one-year anniversary of our podcast, Morning Wire.

00:36:40.000 It is essentially the conservative response to The Daily, which is an extraordinarily biased New York Times podcast that covers the news in 15 minutes or less.

00:36:48.000 That's what we do here at Morning Wire.

00:36:49.000 It's just great.

00:36:50.000 It gives you the news you need to know in 15 minutes or less.

00:36:53.000 Check out Morning Wire on Apple Podcasts, Spotify, Daily Wire Plus, or wherever you listen to podcasts.

00:36:58.000 Also this week, Crane & Company, our sports show over here at Daily Wire.

00:37:01.000 They are over at the College Football Hall of Fame interviewing some of the top coaches and players from the SEC.

00:37:05.000 Be sure to tune in to their daily sports show wherever you listen to podcasts.

00:37:08.000 It's all the sports, none of the woke. 0.72

00:37:10.000 It's the answer to ESPN's woke-ification of sports.

00:37:12.000 Go check out Crane & Company today.

00:37:13.000 You're listening to the largest, fastest growing conservative podcast and radio show in the nation.

00:37:23.000 So Americans are really frustrated with the expert class, obviously.

00:37:26.000 These people don't hold your values.

00:37:27.000 They fail you on economics.

00:37:28.000 They fail you on foreign policy.

00:37:29.000 They fail you on health as well.

00:37:31.000 So we just came through a pandemic in which some parts of the expert class, namely the people who make vaccines, did a pretty good job.

00:37:36.000 And then everybody else did an unbelievably crappy job, rolling out the vaccines, explaining what the vaccines were all about, trying to explain public policy.

00:37:42.000 They did a terrible job.

00:37:44.000 Well, they're doing it again.

00:37:45.000 I mean, it's amazing.

00:37:46.000 So right now there's this worldwide health quasi-crisis With regard to monkeypox, I call it a quasi-crisis because again, I do not think that a sexually transmitted disease ought to be treated with the same levels of sort of crisis as a disease that you get that's airborne.

00:38:00.000 Mainly because the vectors are just significantly less transmissible.

00:38:04.000 In one you literally have to just be in the room with somebody, in another you have to be engaged in some sort of sexual activity, and in this case actually a particular type of sexual activity, in order for monkeypox to be a likely outcome.

00:38:14.000 However, With some thousands of cases that have now been identified in the United States, the question arises, why has this become an issue now?

00:38:21.000 And the answer is because the experts blew it.

00:38:23.000 According to NBC News, a series of crucial mistakes in the rollout of the monkeypox vaccine have significantly inhibited America's ability to distribute doses and prevent the troubling and in some cases extremely painful disease from becoming endemic.

00:38:35.000 In the meantime, the virus has deepened its hold on the country with confirmed cases rising tenfold in the last month.

00:38:39.000 So a total of more than a thousand as of Thursday, that's almost certainly an undercount.

00:38:43.000 Vaccine seekers have become fearful and frustrated as they watch friends and loved ones get sick or they themselves develop uncomfortable lesions.

00:38:50.000 In a pattern familiar from the COVID pandemic, the mishaps started with limited testing capacity.

00:38:54.000 The U.S.

00:38:55.000 did not order more monkeypox vaccine doses to add to its stockpile until June, even though the virus started spreading in May.

00:39:01.000 In addition, regulators did not finish inspecting a key Denmark facility manufacturing monkeypox vaccine until Saturday, leaving 1.1 million ready-to-distribute doses still waiting to be shipped to the United States.

00:39:13.000 So, well done again on the expertise there, guys.

00:39:16.000 I mean, the FDA, its literal job is to make sure that products that are helpful to your health get to market.

00:39:21.000 And they aren't even screening the products until too late.

00:39:25.000 And they aren't actively investigating the drugs that could be shipped in until too late.

00:39:30.000 Which is why, presumably, the WHO is on the verge of declaring monkeypox a global health emergency again, after asking experts to meet as cases continued to soar.

00:39:39.000 The World Health Organization are now aware of 9,200 cases in 63 countries in the last update issued on Tuesday.

00:39:46.000 This WHO meeting will be the second for the emergency committee, according to the Daily Mail, with experts set to decide on if monkeypox cases constitute a public health emergency which should be of international concern.

00:39:56.000 So it's actually hard to find areas where the expert class has not failed in dramatic fashion.

00:40:02.000 So what do you end up with when the expert class fails this much?

00:40:04.000 Because they overpromise, right?

00:40:05.000 In order to promulgate radical ideology and radical worldviews, they have to overpromise.

00:40:09.000 They have to say they can do everything.

00:40:10.000 Give us the power, we will fix all your problems.

00:40:13.000 But when you don't fix the problems, you end up with an extraordinarily bifurcated form of populism.

00:40:18.000 So, on the left, you end up with Bernie Sanders-style populism.

00:40:21.000 The argument there is that this elite class, it's just, it's ineffective.

00:40:25.000 They don't have the willpower.

00:40:27.000 It's not about the reality, which is that no one has the ability to do what this elite class has promised it could do, namely iron out all the rough patches of life, prevent you from ever having an economic downturn, prevent there from ever being a necessity to work hand in glove with regimes that are bad.

00:40:41.000 You never have to do any of those bad, these were all the promises that they made.

00:40:44.000 And also the promise of radical individual autonomy that was rooted in sexual self-identification.

00:40:49.000 Overthrowing all fundamental institutions of Western society.

00:40:52.000 That was the promise they made.

00:40:53.000 And all those promises have gone unfulfilled, except ironically, for the promise about overthrowing those fundamental institutions, and that's resulted in massive depression, suicidal ideation, and breakdown of the social order.

00:41:04.000 So, they've blown it on all of these fronts.

00:41:06.000 So what the left says, the hard left, the Bernie Sanders left, they say, well, You know, dang it, if only they were just more committed.

00:41:12.000 It's really just a problem of commitment.

00:41:14.000 If we worship at the altar of the people who are the most audacious, if we get more people with more willpower, well, that will fix the problem.

00:41:21.000 You hear this sort of rhetoric all the time on the political left.

00:41:23.000 Well, the real problem with Joe Biden, the real problem with Joe Manchin, is they don't have the sufficient will.

00:41:28.000 And honestly, that's Joe Biden's fault.

00:41:30.000 Because when Joe Biden came into office, he could have said this, listen, guys, I have 50 senators, but really my 50 senator majority is extraordinarily slim, which means I'm not going to be able to get all these world breaking changes you want on.

00:41:41.000 I'm going to be able to do a minor infrastructure bill, maybe a decent size.

00:41:45.000 I'll be able to do like a small change to Obamacare.

00:41:49.000 I'll be able to move forward on these few proposals, maybe.

00:41:53.000 And that's it.

00:41:54.000 And everybody else who's telling you they can do more, they're lying to you.

00:41:57.000 But Joe Biden wasn't willing to say that because he, like all politicians, wants to promise the world.

00:42:01.000 And the natural outcome of that is that everybody gets really depressed, including, by the way, Jill Biden. 0.90

00:42:06.000 So Jill Biden apparently was speaking the other day and she started lamenting the fact that her husband has basically been useless.

00:42:13.000 So she was, according to the UK Daily Mail, Jill Biden, the greatest doctor in all the land, spoke at a fundraiser for the DNC on Saturday.

00:42:20.000 She said her husband had so many hopes and plans for things he wanted to do.

00:42:24.000 But, she added, the president wasn't able to prioritize his plans.

00:42:28.000 She said, the president has so many hopes and plans for the things he wanted to do.

00:42:31.000 Every time he turned around, he had to address the problems of the moment.

00:42:34.000 He just had so many things thrown his way.

00:42:36.000 Oh, it was the distractions, guys.

00:42:37.000 It wasn't that the expert class can't do these things because they're not possible.

00:42:40.000 It's that he was distracted from doing these things.

00:42:43.000 Right, so the expert class itself, what they say is, well, there are just too many obstacles, you know, otherwise we could have done it.

00:42:48.000 I mean, we certainly could have fixed all, we could have, we could have ended cancer, right?

00:42:51.000 This is the sort of language that Joe Biden uses about cancer.

00:42:53.000 A cancer moonshot emanimating.

00:42:57.000 And if only we had the will, we can end cancer!

00:43:00.000 It's like, no, you can't.

00:43:01.000 You can't, I'm sorry, you can't.

00:43:03.000 You've provided no evidence of the idea you can end cancer.

00:43:04.000 But again, it's all, well, if only my enemies didn't exist, I could, that's the, that's the perspective of the left.

00:43:09.000 And the people who are anti-Biden say, well, it's because he's not sufficiently committed.

00:43:13.000 This is the tack that Bernie Sanders likes to take nearly all the time on every issue.

00:43:17.000 So Bernie Sanders right now is very, very upset at Joe Manchin.

00:43:20.000 He's upset at Joe Manchin because Joe Manchin basically said, I am not going to vote in favor of a quote-unquote compromise climate bill that was going to subject the coal industry in West Virginia to basically being destroyed.

00:43:32.000 So Bernie Sanders' answer here is that Joe Manchin is going to destroy the planet.

00:43:35.000 If you could just demonstrate sufficient will, we could fix all of our problems.

00:43:38.000 This is the left populist response to elite failure.

00:43:41.000 You have people like Manchin, Sinema to a lesser degree, who are intentionally sabotaging the president's agenda, what the American people want, what a majority of us in the Democratic caucus want.

00:43:53.000 Nothing new about this.

00:43:55.000 And the problem was that we continue to talk to Manchin like he was serious.

00:43:59.000 He was not.

00:44:00.000 This is a guy who is a major recipient of fossil fuel money, a guy who has received campaign contributions from 25 Republican billionaires.

00:44:11.000 That's insufficient will, right?

00:44:12.000 That's the argument Bernie Sanders likes to make.

00:44:15.000 You had Representative Pramila Jayapal, again, one of the progressives in Congress of Washington.

00:44:19.000 She called Manchin's decision, quote, nothing short of catastrophic.

00:44:22.000 There were condemnations from environmentalists that he was going to doom human life on Earth.

00:44:26.000 Joe Manchin was going to doom human life on Earth, which is an unbelievable statement.

00:44:30.000 It really is pretty wild.

00:44:33.000 There's a piece in the New York Times today by Dr. Leia Stokes, associate professor of political science, not so much science happening, over at UC Santa Barbara, talking about how evil Joe Manchin is.

00:44:43.000 Say, Mr. Manchin's refusal to agree to climate investments will hurt the economy he claims he wants to protect.

00:44:48.000 Over the past year, Manchin has taken more money from the oil and gas industry than any other member of Congress, including every Republican.

00:44:53.000 According to federal filings, one thing I've never understood about Manchin is how he looks his grandchildren in the eye.

00:44:59.000 While he may leave his descendants plenty of money, they will also inherit a broken planet, right?

00:45:02.000 So the left's response to elite failure to do what they said they were going to do is they say, we just need renewed commitment.

00:45:08.000 More commitment will do it, which is why you see the popularity of AOC with the media chatter in class. 0.94

00:45:12.000 Entire article over the weekend about the imbecilic Alexandra Ocasio-Cortez in the Associated Press, all about how wonderful she is. 0.91

00:45:19.000 Quote, Ocasio-Cortez navigates the expectations that come with fame. 0.98

00:45:23.000 Wow, that's incredible.

00:45:26.000 AOC was almost hidden from the street as she stood behind a nondescript building in Queens that a local nonprofit is buying with federal money.

00:45:31.000 People spotted her anyway, slowly trickling up the sidewalk and forming a small line to get a picture with her.

00:45:36.000 The New York Congresswoman wrapped up her visit, did a quick interview with a Bengali-language TV crew, and posed for pictures with the people who were hovering nearby.

00:45:44.000 For Ocasio-Cortez, her visits through her district carry added significance because she is such a, she's a weathervane, you see.

00:45:51.000 She's sufficiently committed.

00:45:52.000 That's why she, Bernie Sanders, sufficiently committed.

00:45:55.000 That's really the important thing.

00:45:56.000 That's why you see Gavin Newsom out there being like, if I yell more about abortion, that will show my Democratic Party base that I really am committed.

00:46:03.000 You see the same thing from JB Pritzker.

00:46:04.000 Okay, so the revolt from the left against the elites is, what if we just say we're way more committed?

00:46:10.000 We'll say exactly the same stuff that people don't like, And we'll propose the same policies, we'll just be really committed to them.

00:46:16.000 The proposition from the right is, what if we don't trust the expert class at all?

00:46:20.000 Like, at all, at all, under any circumstances?

00:46:22.000 Now, the problem with that, of course, is that on occasion, the expert class isn't wrong.

00:46:27.000 Like, sometimes they're right.

00:46:28.000 I would say that, you know, the expert class is right, hmm, 30, 40% of the time, maybe, maybe 20%.

00:46:35.000 It's like they're always wrong.

00:46:37.000 But the temptation on the right is to say there's no such thing as actual knowledge.

00:46:42.000 Anything they say has to be thrown out.

00:46:44.000 And thus we'd be better off without any of this stuff entirely.

00:46:47.000 There's a lot of truth to it, but not total truth.

00:46:50.000 However, one thing is certainly true.

00:46:52.000 In this particular debate, the right has a massive advantage.

00:46:54.000 And the reason, in the end, that the right has a massive advantage in this particular debate is because the right is arguing that the elites are ineffective.

00:47:00.000 The right is arguing you should not give power to them because they will blow it.

00:47:04.000 And the left is arguing we are really effective and then they have nothing to back it up.

00:47:07.000 Nothing.

00:47:09.000 And they add on top of that the scorn that they have for the values that many people define their lives by.

00:47:13.000 And it's no wonder.

00:47:15.000 That it seems like the country is coming apart.

00:47:17.000 Because the people who have been in charge of every bureaucratic institution in the United States, all the transnational organizations, the people who meet and discuss policy at the top levels to figure out how to fix the world, the Davos, those people have done a terrible job.

00:47:30.000 And not only have they done a terrible job, they sneer at you while they do a terrible job.

00:47:33.000 That's why you get anger.

00:47:34.000 That's why you get populist revolutions right and left.

00:47:37.000 And that's why if the elite class wants to actually regain any credibility, you have to actually show some confidence.

00:47:43.000 A little bit of epistemological humility and a lot of confidence.

00:47:46.000 Show that you don't think you can fix all of our problems.

00:47:48.000 And then the problems you say you can fix, actually fix them.

00:47:52.000 And that requires you to do a lot more listening, it requires you to be a lot less audacious about how you approach these problems, a lot less ambitious, a lot more realistic, and a lot more respectful of the fact that a lot of people who are not you may not have your peculiarly Cloistered worldview about the world.

00:48:09.000 Alrighty, we'll be back here later today with additional content.

00:48:12.000 In the meantime, go check out one of our newest podcasts, Morning Wire.

00:48:14.000 Today's episode is available right now on Apple, Spotify, or Reveal Listen Podcast.

00:48:17.000 Make sure to tune in.

00:48:18.000 I'm Ben Shapiro.

00:48:18.000 This is The Ben Shapiro Show.

00:48:19.000 The Ben Shapiro Show is produced by Bradford Carrington, Executive Producer Jeremy Boren, Supervising Producer Mathis Glover, Production Manager Pavel Lydowsky, Associate Producer Savannah Dominguez-Morris, Editor Adam Sajevitz, Audio Mixer Mike Karamina, Hair and Makeup Artist in Wardrobe Fabiola Christina, Production Coordinator Jessica Kranz.

00:48:44.000 The Ben Shapiro Show is a Daily Wire production.

00:48:46.000 Copyright Daily Wire 2022.

00:48:49.000 John Bickley here, Daily Wire Editor-in-Chief.

00:48:52.000 Wake up every morning with our show, Morning Wire, where we bring you all the news that you need to know in 15 minutes or less.

The Ben Shapiro Show - July 18, 2022

The Twilight of The Elite Ruling Class | Ep. 1536

Episode Stats

Summary

Transcript