Peter Navarro is one of only three senior White House officials to serve at the right hand of Donald Trump all the way from the 2016 campaign to the end of his first term in 2021. At the Trump White House, Peter was the President’s Chief China Hawk and helped craft many of the tough tariffs and sanctions Donald Trump would impose upon Chinese Communist regime. As the Director of the Office of Trade and Manufacturing Policy, Peter Navarro helped President Trump create hundreds of thousands of manufacturing jobs through tough trade policies, by drafting numerous buy American, Hire American executive orders on behalf of the president, and through targeted interventions at key defense facilities like the Philadelphia shipyard and Ohio’s Lima Army Tank Plant. At one point, Peter also played a pivotal role securing our Southern border by helping to bring about the so-called safe third country agreements with both Mexico and the Northern Triangle countries of Guatemala, Honduras, and El Salvador. During the pandemic, Peter Navarro was also the first to call out Dr. Anthony Fauci for his Never-Trump duplicity and for Fauci’s role in helping the Chinese Communist Party create a deadly viral bioweapon in a Wuhan lab funded by Fauci’s NIH. This COVID-19 virus has already killed millions of people worldwide. Peter Navarro started this podcast as an extension of his book Taking Back Trump’s America. This best-selling book -- please buy it on Amazon! -- has become both the blueprint and battle cry for the modern MAGA movement and Peter’s mission is to return Donald Trump to the White House in the 2024 presidential election and restore peace and prosperity to this great land.
Episodes
Friday Jul 07, 2023
Bidenomics Equals Stagflation and a Bleak American Future
Friday Jul 07, 2023
Friday Jul 07, 2023
VISIT WWW.PETERNAVARRO.SUBSTACK.COM FOR THE REST OF THE STORY
Bidenomics equals stagflation. That’s America’s sober economic reality after more than two and half years of a Joe Biden presidency pockmarked by profligate government spending, soaring interest and mortgage rates, a precipitous loss of strategic energy dominance, a southern border invasion, a new and expensive endless war, and a rapidly expanding trade deficit.
Stagflation is a “tax” crueler than inflation alone, which eats away at our purchasing power. This is because the “stag” part of stagflation also entails recession or slow economic growth.
As the 2024 presidential election approaches, Bidenomics is conjuring up the ghost of a 1970s stagflation past that ended in a landslide victory by the Republican Ronald Reagan over Democrat Jimmy Carter. In the final 1980 presidential debate, with polls surprisingly close given the grim economy, Candidate Reagan asked the American people “are you better off today than you were four years ago?” That question – and its obvious “no” answer -- triggered a decisive break in undecided voters to the Reagan camp.
Will this Reagan-Carter past be prologue to a resounding Biden defeat? The answer to this question must begin with this observation: Biden’s Democrat Party is supposed to be the party of America’s working classes and wage earners. Yet, American labor is now bearing the heaviest burden of Bidenomics.
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