11 years old and about 20 years i'll be taking over your position at fox in the meantime keep up the good work. thanks for all you do for our great country. well i think 15 years that would've been a good run for me if you make it that long. thanks for watching tucker's next and i was a member i'm jesse watters and this is my world. ♪ ♪ ♪ ♪ >> tucker: good evening and welcome to a special edition of "tucker carlson tonight" it didn't take long it took about a year and a half for the july demonstration to destroy the american economy and drive the nation into a recession. they will admit that we are in it recession they try to redefine the world recession democracy and racism and women. you don't need to know what the word is to know what is happening if you live here you see it every single day.

we are in a recession. the economy has been tracking all year real wages are at record lows and at the same time inflation is the highest it's been in a lifetime of most americans. so call it whatever you want, but it is a recession and it is scary. and they are ignoring it. we are gonna spend the next hour and festa getting how exactly this have happened and how to they tank the economy so fast and what is it mean? get to the answers we can speak to people who had actual credibility on economics that does not include our most highly credentialed economists. people who like the public health experts we watch the last 20 half years have thoroughly plowed and discredited themselves. a year ago right about the time he told us that vaccines will absolutely prevent you from getting or transmitting covid joe biden was asked hey what happens if we go into a recession? in response as he does joe biden invoked highly credentialed experts watch this.

>> president biden: you know as economy has come roaring back we see some price increases. some folks have raised worries that this could be a sign of persistent inflation. but that is not our view. our experts believe and the data shows that most of the price increases that we have seen were expected and expected to be temporary. >> tucker: all words read off a teleprompter i cannot believe that man was our president of the united states. consider what his handlers wrote for him. the experts joe biden were referring to are in fact some of the most well credentialed figures and all academic economics. by two months later september last year 17 winners of the nobel prize in economics signed a letter urging joe biden to spend as much money as possible to build back better package they wrote would transform the u.s. economy to be more efficient without presenting an

inflationary threat. so go ahead and spend more money created out of thin and air and printed is no chance we'll get inflation. the winner of the nobel prize in economics said that. if you took econ number one you're laughing at that. by the way it wasn't just them the chairman of the federal reserve jerome powell so the same thing the incoming data for a consistent of you inflation will move down towards our goals they said. [laughs] it's like idiotic and turned out to be true. another remarkable thing so you know that this simply isn't in comp dents they did this on purpose is what happened when the so-called experts were exposed as frauds? which they are. not a single one of these eminent nobel prize-winning economists ever apologized for the letter they wrote or even explain how they got it wrong. there are still saying the same thing. spend more money and it won't

inflict inflation it's worth the same. oco supply-demand is unreal. to the extent that even paying attention. most of them aren't. they are way off to lifestyle liberal land they're worried about trans rights. one of the most important institutions in the united states one of the bank to make up the central bank. they have been conducting studies about what? about what monetary policy would be best to avoid complete economic? that's her job at a some what they were doing. instead for the past month were not making this up. the st. louis federal has been meditating on equity term that no one can really define but clearly means your life mr. and mrs. america is about to get much worse. so this would joe biden order when he took office equity is a top priority for the federal reserve bank in st. louis books will be written about this years from now and no one will believe it actually happen, but it's real take a look their website. some of the top articles on the

website or blog st. louis fed includes racial and ethnic disparities in access to covid-19 relief. cova 19 disruptions of race ethnicity and geography. the role of diversity in public situations reducing racial employment gaps for young adults without college educations this is not a syllabus from sociology department. this is the fed, these are the people in charge for monetary policies are supposed to be keeping america from collapse, but they are ignoring her actual job in favor of pretending that they are professors it's lunacy. and they're still talking this way. in april while after it was very clear that inflation was not transitory the treasury secretary homer former head of it for what she should be charged going to the u.s. economy, the u.s. economy she is treasury secretary. what about climate change? i may change is more important that 70 united states. we must redouble our efforts to

d carbonized our economy they said in an address at the hellenic conflict. she doesn't know any of climate change. she knows nothing about the material world. but, there she is spouting out about climate change and keep carbonized and reading every stupid talking point the atlantic council audience want to hear about. she is still doing it. we are in a slow down she says, and sun affecting too many sectors of the economy watch. >> this is not an economy that is in a recession. we are in a period of transition in which growth is slowing. and that is necessary and appropriate, we need to be growing at a steady and sustainable pace so there is a slow down in businesses you can see that and is appropriate

given that we will now have jobs and a very strong labor market, but you don't see any of the signs now that we are in a recession. it's a broad-based contraction that affects many sectors of the economy. we just don't have that. >> tucker: she is completely incompetent affirmative action who did profound generational damage to the united states during her time running the fed. now she is doing the same while running the treasury department. and yet no one ever calls her on it the things that she says does make sense. she can't even predict inflation when every single other person in the country knew what was coming based on federal government spending patterns. he spending money, that's what she still saying. everyone in the joe biden demonstration is saying that in may the head of the usa declared that worldwide fertilizer shortages were actually good thing, starvation is a good

thing because you were carbon emissions she axis of that. inside the white house no one is pretending to care as a u.s. economy falls apart. not worried about the oil supply factor selling or oil to our main global rival china. the network about the stock market they can tell you if it's up or down they can even define a recession. the one thing that they are sure of is that everything is fine. except for the trans immunity which is suffering under your bigotry. here's her press secretary. >> nothing is changed on how we see the stock market that is on something that we keep an eye on every day. >> yeah let me see if i've anything new for you on that. >> i have not seen that report so i honestly would have to go look into it and see what the truth is and that statement that

you just laid out is exactly what's happening we have just not seen the report. >> i mean it's not our definition right were talked about the definition. >> what exactly is the white house's definition of a recession? >> again i'm not going to define it from here. [laughs] [laughs] >> tucker: were not to acknowledge that it is even happening. no one is forcing them to. that's what they're saying. this is untenable unless your on partisan accomplice how to acknowledge what is happening. the most highly credentials are not acknowledging they're blaming vladimir putin. they're blaming january 6th and of course on the basic point of what in the economy is in trouble they are few people to

diet. >> it shaken up consumers and small business owners a recent survey taken by goldman sachs found that 93%, 93% of small businesses fear a recession. >> i think is a very high likelihood of a recession when we have been in this kind of situation before recession has essentially always followed. >> we did in fact ended up with what is an overheated economy. in the effect of that overheating was bigger than just past experience what led us to believe. >> we will have a severe recession it's historically high so if larry summers who literally blame the insurrections of january 6 for inflation paul krugman has been wrong about everything they are admitting that the economy's in trouble visually no denying it can't deny we wish it to go to

the chart knows that right before for the 2,000 a recession consumer price index was surging just as it is now prices went up to the crash of it was say why does it happen happens for a simple reason goods becomes too expensive for those for people to buy and then gdp collapse sing out warning signals as will been a produce of the local recession next year. what happens then spend the next hour looking into it were to start with someone who knows a lot about how to talk about economics host of america's newsroom press secretary during the last recession she saw it firsthand. so much for coming on. how does this message make it from a board room of the white house arms the podium i cannot recall... or a recession we can't find recession has anyone sign off on that message? >> while doing your monologue i

was imagining watching the group work session at the white house like you were in the classroom if a professor chief of staff watching all the people work on this message that working to change the definition of a recession. there's no blowing of the whistle saying sorry guys start over the summer going to do try again and yet you have people who consider themselves very serious actually trying to change the definition of a word to get out of it it reminds me of peter doocy as jen psaki than the press secretary there was a crisis of the southern border. and when around, and around and around said no it's a challenge on a crisis. do you remember when barack obama did not want to call terrace terrorist. you want to call them radical extremists. he couldn't say the word terrorists and trying to change the language a mini plate language i think is insulting to the very people who were leading

and is not necessary to put too much money into the economy this too much money into a few goods that made his inflation went up that's basic what they could do is that of trying to change the definition or just say are the three things that were try to do about it right now wintersteen was going on for the last 18 months i feeling i continue to come on our list of people like you are what oliver shows is good advice for them to take these don't take it. respectably strange boats including china changeling which altogether to get out of fixing themselves in. >> you can't deny some of that everyone else knows is true swampy will just say yeah were very upset about the economy is the most important thing because the notes most important thing most people are doing every thing we can fix it that seems super obvious response. >> is honest, it's easy if not going to try to fix this in its communication. mostly communication.

believe me if communication can actually solve a problem the world would be in much better shape that's untrue. you have the policy if he could policy than the can vacation is easy. this is a problem of policy they don't admit it i think is next month as can be very difficult for people. you have back-to-school gets expensive and concerning back-to-school special interest center for all the sports of sports of the plan on then go open price of course they are. you can of gas prices are continuing to cut down a bit like a continued even people's budgets and the read stories like the fact that ice cream in section going out of business because of inflation. all that is having real impact totally true. he reached the limit of communication offensively smart. nice to see you. >> tucker: as president just get i united states is recoverable gasoline oil reserves in the world at the may

gas prices on purpose to transition the economy to renewables to electric vehicles but it vehicles are filled with fossil fuels are not granted all their worse for the environment in your f-150. that straight-ahead on the special edition of "tucker carlson tonight." ♪ ♪

♪ ♪ >> tucker: joe biden decided to end fossil fuels during his campaign and he's actually follow through on that promise. he has canceled drilling permits and sanction oil markets and those of the reasons the gas prices has risen to their highest point ever and stay there. the department of transportation has a solution just by 15 diet thousand dollar electric car that doesn't work and we could turn off that we don't like you. here's how kentucky responded to the idea that a recent hearing. if the average household plugged electric cars you know how much more electricity it would use in comparison to the air conditioning or conditions that it was their whole house. let me help you with that first before we go on the numbers are important it would take four times as much as electricity to

charge the average household scars as the average household uses on air-conditioning you think that could be if we reach the goal by 2030 joe biden has a 50% adoption set up a hundred percent adoption means the average household would use twice as much electricity charging one of their cars as it would use for all of the air conditioning that the use for the entire year. >> tucker: he has a great one... kentucky and house are presented with joint just an icon or something so much for coming on we surprised that the transportation secretary was lecturing you about renewables and energy has no idea what the numbers were? >> i wasn't surprised their plans based on political science on engineering and by the way one of those peoples you showed

in your monologues highly credentialed economists was my intro to macroeconomics professor at mit 30 years ago i knew for 30 years he was full of it that's what the plan this year when work on the booty gait. but the reality is if they didn't go they have different plan they know that you can't run the air conditioning for americans in this country and have electric car adoption rates they want with the existing grid that we have any time frame in their future what they expected to do is turn off air conditioning three days after had that interview cnn runs an article that says americans are spoiled they need to live without air conditioning and you live like your eye do that in arizona? >> tucker: it seems like an intentional effort to drive down the standard of living for average people why would they want to do that?

>> they want to lower the quality of light at a lower standard of living and that's the only way that you can accomplish the goals of the western the grid we already seen blackouts when applied about it the rolling blackouts and they tell you that they're gonna turn off your electricity but sometimes your brownouts you have nothing intricately happy about it that's their motto also tuckered the try to force people public transportation with mass public transportation is always been a lucas losing proposition in terms of efficiency and one more thing tucker sensitive that exchange someone said will congressman you could charge her electric car at night now all the air conditioning is blowing what powers the grid at night it's coal and natural gas the solar panels are working at night. [laughs] >> tucker: to the person of any idea that that's true customer to be even electros smart >> this is why if a

political science denier. [laughs] [laughs] >> tucker: you are welcome on the show anytime we hope to see you again thank you. >> thanks tucker. >> tucker: is a cumbersome when the only members of congress who actually understand energy all the energy comes from fossil fuels 80% solar on their hand provides 3% of the world's energy after many decades on the market with the help of massive government subsidies so doesn't actually work or come close to working as a boutique issue it's ridiculous actually. so i stood by demonstration pushing it who is benefiting from a question mark lottery looking rich from a that's for sure we get sat down with alex epstein is with the words best experts on energy and the details of how it's made and transmitted what works and what doesn't we talk to him for an episode of tucker carlson today here's part of what he told us. ♪ ♪

>> it's considered this perfect thing i would rapidly eliminate fossil fuels by 2050? now china loves this kind of thing because they know that it's not told to do it and even the agreement doesn't even tell them very much but they know that the u.s. and other countries will unilaterally disempower so they've a strategic advantage to what they do is they have a fossil fueled powered economy over 80% fossil fuels which they use to produce unreliable solar panels and wind turbines which then they want us to manage and unfortunately joe biden's plan played right into their hands. >> tucker: renewables that would be industrial wind turbines, solar farms? they are reliant themselves on fossil fuels? >> every form of energy is usually fossil fuels solar and wind in particular their entire supply chain is controlled by china will talk about all the skin off russian oil is not to be dependent on russia as

something appeared china can cut off the entire renewable industry in a moment's notice. essentially. they control in particular they control a lot of him of the main thing is they control the processing of the mind elements and useful materials to the rare cases where we mind here which is very rare is the green movement we sent stuff to china the process to make it the components they are strategically taking control of the budget in part that they know that we want to get ourselves hooked on solar and wind energy and a stop because the raw materials and energy there are many woke important for digital components. >> tucker: if you had no fossil fuels cannot produce wind and solar correct? >> not even the universe of it solar and wind if you look as many levels which this is true. >> tucker: were right on the cusp of converting the entire world's economy to solar literally any minute is a correct seven years?

>> nearly 20 years get rid of all of it 2% of the world's energy right now. your percent total customer. >> tucker: if you're interested in energy civilization met when i watch the whole thing it's on tucker carlson gone next week on fox nation. it turns out the loudest voices pushing for student loan cants transferring the costs the taxpayer happens to be members of congress who have massive student debt. so they are benefiting from the policy that they haven't mentioned that will to you who they are up next. ♪ ♪

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since russia invaded ukraine. the kremlin did not say if lincoln made any progress. those familiar with the offer so the u.s. would block russian arm traffics for the release for them both. it's rising following the record flash flooding in kentucky after 15 people are dead the number could rise as a search for survivors. kentucky's governor said he could take weeks to account for all the victims of more storms are expected to early next week. i'm christina coleman now back to "tucker carlson tonight." ♪ ♪ >> tucker: welcome back to a special edition of the show and just the past few years the federal reserve has seen the money supply in the united states by more than 40%. in two years. during the covered pandemic the feds bought up more than $5 trillion worth of mortgage-backed and securities. he also borrowed trillions of dollars for stimulus checks

suppose the effect of that? it was a storks levels of inflation they met that? he is follow this from the beginning of course at fox business the prolific business journalist for many decades were happy to have them on charlie thanks from us for having on. i'm not an economist but even i can see the connection between higher spending and inflation why can't they just admit that? >> the joe biden administration saying that wall street is begrudgingly admitting it after being behind it. everyone saying wow maybe we had the pedal to the metal too long in our paying the price the important thing is not wall street that's main the price its average americans. here's the thing i grew up in the 70s and ensure your member the 70s. my old man worked three jobs because the working class people couldn't afford everything with her kids to put her through school blowing up close speakers whatever whatever and when inflation is raging to heinous

tax and the working class and so is propagated on wall street and government. so now we are in a pickle like i did get out of it? there's no good choices here because the joe biden administration on how the supply-side to the equation which means i do increase supply to meet the demand question right they won't cut regulation that would be a smart thing to do. if the cut back on some regulations be a little pro-business friendly they want to that so all you have is really heavy hammer and it's a sledgehammer for consistent federal rate increases. 75 mp increase as opposed to a ballpoint however how any more of the 75 basis points are what to deal with and for how long if you don't get rid of inflation? this thing will go on for the next year if it does go away and there will be a slow grind on the economy we really got ourselves in a pickle here. >> tucker: very quick almost all the business tightens that you know and cover and have for

so long supported joe biden, dude do you do they recredit do you think? >> they do now. the thing is that they did not think that he would be this incompetent. i guess that's the easiest way to say they do not think that he would feel his cabinet with far less people. the thought to be much more further to the left than barack obama's cabinet. hit a place in barack obama's and he does have a place for joe biden you know? >> tucker: that's a really perfect example. great to see you tonight thank you. so one of the solutions democrats are proposing is in fact to hand out to their own face. a new rent well educated voters. canceling student loan debts. so joe biden came in several times the effect of this of course is effective every one of the policies transfer the part of the rich. only 35% of kids in low income

families go to college. why are democrats pushing this corner federal filings she owes up to 50 grand a michigan owes of 200,000 converge up to a quarter million also quarter million. in all over it doesn't democrat members of congress student loan cancellations put up to roughly a million and a half combined in their own or family members educational debt. read story they wrote it and join us thanks much for coming on. so if you're pushing a policy from which you benefit directly, financially. shouldn't you at least acknowledge that show yourself? >> it's a great thing to bring up tucker. it look as you said this more

than a dozen democrats members of congress according to a dairy daily color news foundation revealed financial disclosures. who not only owe up to $1.5 million in student loan debt of support of that amount for themselves, spouse, or a child, but of supported student loan cancellation regardless it's absolutely something that the american people should be aware of whether or not they support this policy because of their own student loans looks inherently sort of arguably a conflict of interest and it summing that should know about. >> tucker: the winners and the college she is themselves of which have billion-dollar on taxable endowments is there any conversation in congress to make them pony up? >> yeah members of congress obviously many of them do come from very privileged backgrounds i think a very reasonable question is how do they stand to benefit from this?

as you pointed out most americans do not go to college and as you pointed out why should the necessarily foot the bill for elites sitting up in capitol hill? [laughs] >> tucker: i majored in gender studies and i'm working at starbucks i have the pay for it. great to see you thank you. >> thank you for having me. >> tucker: once you can't really overstay even if you let your imagination wander the destructive effects of the corona lockdown and famines across the country. never getting even more evidence that lockdown didn't even do what they told us they were going to do which will save lives. they will do anything to us they only hurt people. that is straight-ahead, we will be right back. a ♪ ♪

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lockdowns of it little to little to no effect on covid-19 mortalities. so they get the kind of wonder was a whole picture look like was it all downside? seems that way the former white house coronavirus advisor and author of the book a plague upon the house they joined us thanks much for coming on really hate to think about the mass suffering and went through for more than two years that there was no benefit at all do you think that is true? >> source and that massive destruction this is 10-15 years before the pandemic literature already said that lockdowns were not to be used if they don't work in extremely destructive so this is even more shocking says use all the data that comes in shows of the lockdowns did not

stop the spread of the infection, did not save lives and in fact a lot of states that did open did better matter what you hear in the states that had severe closures but what's worse is the economic downturn which was vilified about how it's distorted by the media and others as somehow reducing the economy over lives if you don't lockdown and it's the opposite because for decades it was known in the economic literature that severe economic downturns kill people and that's exactly what was seen by throwing people into severe poverty. the united states alone about 200,000 small businesses are closed many of those jobs are lower income jobs and affect the low income people selectively were destroyed by the lockdowns that were really what i call a luxury of the rich if you get the unemployment data alone we

see that the unemployment's for low income jobs some like 23, 20% whereas for high income jobs it's about zero, may be percent. obviously young people were destroyed because a lot of shut down were jobs for young people. another third of extras that we did by committing harm to our younger people in the world for our country that supposed to care about poor people more than a hundred million people in the world were thrown to abject poverty from the lockdowns particularly the lob sounds of the left which interrupted the whole job cycle and so these people were talking about a dollar $0.90 per day. more than a hundred many people now abject poverty there's an explosion of what was loaned already to aspen which is massive and drug abuse, massive

surge and domestic violence against women. at the highest rate in more than 25 years according to the u.n. there is significant increase in teenage harms, teenagers in the united states explosion of suicide attempts against teenage girls. tripling of self-harm, this is partially due to the economic deprivation of these families, these low income families. by the way not of closing schools are harmful but severe economic downturn is generally affecting the educational efforts of low income families. poor kids, low income kids are less likely to go to school when their family needs them to work. the money, this is common sense and summing that was missing completely again historic public health errors. with the unemployment was deeper and more prolonged in the low income jobs by the way, more

prolonged and worse according to all from harvard that the educational disparities are now much worse porter kids are further behind. an explosion or lack of ability in the world to have even 10-year-olds read a simple sentence. at the highest rate in decades and the last point i want to make is the compilation of the data even more recently that you suggested by casey mulligan at the university of chicago and others is that he bank the state and the success to the pandemic and correlated that conifer deaths from covert educational arms and employment harms guess what happened for states that did not close the businesses are reopened very early in much better. at south dakota didn't close any businesses and they ranked fifth best. florida was six the best, where the bottom five are the states

that did the severe lockdowns enclosures and who are they? new york, california, washington, d.c., new jersey, pennsylvania, thus the 47-51. the worst in the country. the sky epic economic downturn killed people and it destroyed collectively low income people and minorities. >> tucker: so nicely put but yet devastating. thank you. >> thank you. >> tucker: you may have lost the faith of the joe biden administration can fix the economy or even wants to, but you can understand one fact that kamala harris is still the vice president. she has enjoyed incredible success. she was ukraine's are. [laughs] she can fix it. when i make her our economy, she understands the big picture like where we are and were heading.

>> vice president harris: who must work to see where we are, but also see it as a moment yes significance is the passage of time. right? the significance of the past to help us. it's when you think about it there is great significance with the passage of time in terms of what we need to do to ladies wires. to create these jobs and are such great significance to the passage of time. we will work together and continue to work together to address these issues, to tackle these challenges, and to work together as we continue to work operating from the new norms, rules and agreements. they will convene to work together on and we talk about her children i know from this group we all believe that when we talk about the children of the community they are children of the community. they need to be able to get we

need to go to do the work. and get home. >> tucker: you keep reading the thc level so the highest level in history and clearly is true. larry was our choice until larry good to see you tonight. everyone is smoking weed but a total weird to see the vice president that's found in public. >> welt tucker let me defend kamala harris just a little bit i'm in california, she is in california. she has risen from being a d.a., attorney general, u.s. senator, vice president, it is true that she ran in a campaign with supernova before the first contest which to become vice president. her predecessor in the job joe biden wasn't exactly a brainiac. i will tell you this, i know that there is a lot of speculation about joe biden and kamala harris being dropkick for somebody else. the most loyal part of the democratic base are black

voters. and of those most loyal part are black female voters. during the primaries georgia, alabama, south carolina, majority of not more than the voters are to be blacks. and the majority of those that we black females. kamala harris enjoys enormous popularity with the black community. the publication and they were very upset about that expose a few months ago that cnn put out claiming that kamala harris is being dissed by the joe biden people and vice versa. they think that she has been giving thankless jobs like securing the border when it's joe biden's policies that made the borders and secure. and they feel that she is being picked on for her tackle. all the years and a vulture in california she has been criticized, but i don't remember anyone curb sonic or. it is very superficial sexist. i believe that it is perceived that kamala harris is being pushed aside especially for a white male like gavin newsom or

pete buttigieg, black females will be furious and they will go ballistic. they won't vote republican, they just won't vote. >> tucker: man i hope that's true and we have said repeatedly [laughs] we are rooting for kamala harris who by the way by her own fake numbers she got 81 million votes she got more votes than any vice president in history. you can't shove her a pete buttigieg. so amen. [laughs] >> when he put her in hypothetical matchups against donald trump, ron desantis, she is competitive. she is a case to be made and again you dropkick her and black females will be furious. she spent decades training black people that they are victimized by systemic racism, and direct racism, and asian racism, your favorite term. she is pushed aside for a white male i don't think so. [laughs] [laughs] >> tucker: it's beautiful watching people forced to eat the souffle that they made [laughs]

>> absolutely. >> tucker: it's wonderful to see was always thank you. more news is straight ahead. ♪ ♪

>> tucker: that was her special "tucker carlson tonight" 8:00 p.m. the sworn enemy of line smugness have a great evening with the ones that you love and if you don't have ones that you love go find them. ♪ ♪ ♪ ♪ >> hannity: democrats been lying to our faces for years and never the border wall, member when democrats called it racist and dangerous and un-american while look at this, what a turnaround of 180. joe biden is now attempting to finish the wall he's trying to do it in secret we have a full report we will expose it coming up another lie from democrats member when they told us that society would be better