Ed Henry grills Jay Carney over the state of the economy

It's not all that often someone in the White House press pool gives Jay Carney a run for his money, which is surprising given the number of idiotic claims he makes on a daily basis. Yesterday, however, Fox News’ Ed Henry took him to task on the lagging recovery.

“I've got to play this exchange between Jay Carney yesterday and Ed Henry from Fox News. Ed Henry asked some serious questions, and you could tell that Jay Carney considers him to be an absolute right wing kook,” Pat said on radio this morning. “He believes that Ed Henry is not just looking for answers – not just one of very few who ever challenged this administration – but he's just a right wing nut that he has to deal with every day.”

“Well, he did come from that extreme right wing organization CNN,” Stu joked of Henry’s previous employer.

HENRY: On that point of education, August 2, 2011, the President signed his Budget Control Act of 2011, the last time we had this big debt ceiling fight into law and he says, we've got $2 trillion in deficit reduction, the President says. Quote, ‘Yet it also allows us to make the key investments in things like education and research that lead to new jobs and assures we're not cutting too abruptly while the economy is still fragile.’ August 2011. Here we are more than two years later. You're saying the same thing about ‘we need to invest in education.’

CARNEY: And how many jobs has the economy created since then.

HENRY: 6.5 million. And Bernanke yesterday said it is not keeping up, that people are leaving the workforce.

CARNEY: You and I, we're going to do this on Crossfire one day, I promise. And let's be clear that I'll be on one side and you'll be on the other. Do we need to continue to invest in education? We need to continue to invest in areas of –

“So that's their answer. We're saying the same thing over and over and over again because it's still true,” Pat said. “Well, why is it still true when these policies you keep repeating were supposed to fix the problem in the first place and were supposed to be rolling by now?”

“It's unreal. Again, maybe it's not said enough. This is the slowest recovery in measured history in this country. There has never been an economic recovery like this that has taken this long and has gone this slowly – never,” Stu explained. “You can look at it any way you want to. There's never been any evidence of anything going this poorly when we're talking about a recovery and the reason why they're always talking about a recovery is because it's taking so long. Usually at this point we've already done the recovery and we're on to the next recession. These guys are still in the last recovery. He's been President for a long time.”

One of the things this Administration has prided itself on, as of late, is the not-entirely-true notion that they have somehow cut the deficit faster rate than any other time in the last 60 years.

“Now, that is an unbelievable statistic if you don't know anything about the economy,” Pat said. “It is because, first of all, it's not true at face value. First of all, it isn't true because we reduced the deficit at a faster rate from 2004 to 2007 than we are right now, under Bush. The other thing is, here's what they're basing it on: as a percentage of GDP.”

“And what they're not including in this awful analysis is they have all the records. So they're talking about decreasing the debt from their own records,” Stu added. “[This Administration has] the worst year of all time. They have the second worst year of all time. They have the third worst year of all time. They have the fourth worst year of all time. And they are bragging about their own projections about being the fifth worst year of all time. They are acting as if that's a positive. And the media swallows it.”

“They're just acting as if, well, at the beginning it was really bad but we've improved off of that. Again, it's never taken any administration ever, in measured history, this long to deal with an issue, ever. I mean, just that in and of itself shows how incompetent you are,” he continued. “They're awful, but, still, when you're bragging about what would be if their projections are correct – and they're usually wrong – but if their projections were even correct, [it is] the fifth worst year in American history. He's been President for five years. He has all five of them! All of them are his!”

“And we're supposed to swallow that he's doing great on the economy,” Pat concluded. “It's just awesome.”

Front page image courtesy of the AP

In light of the national conversation surrounding the rights of free speech, religion and self-defense, Mercury One is thrilled to announce a brand new initiative launching this Father's Day weekend: a three-day museum exhibition in Dallas, Texas focused on the rights and responsibilities of American citizens.

This event seeks to answer three fundamental questions:

  1. As Americans, what responsibility do we shoulder when it comes to defending our rights?
  2. Do we as a nation still agree on the core principles and values laid out by our founding fathers?
  3. How can we move forward amidst uncertainty surrounding the intent of our founding ideals?

Attendees will be able to view historical artifacts and documents that reveal what has made America unique and the most innovative nation on earth. Here's a hint: it all goes back to the core principles and values this nation was founded on as laid out in the Declaration of Independence and the Bill of Rights.

Exhibits will show what the world was like before mankind had rights and how Americans realized there was a better way to govern. Throughout the weekend, Glenn Beck, David Barton, Stu Burguiere, Doc Thompson, Jeffy Fisher and Brad Staggs will lead private tours through the museum, each providing their own unique perspectives on our rights and responsibilities.

Schedule a private tour or purchase general admission ticket below:

Dates:
June 15-17

Location:

Mercury Studios

6301 Riverside Drive, Irving, TX 75039

Learn more about the event here.

About Mercury One: Mercury One is a 501(c)(3) charity founded in 2011 by Glenn Beck. Mercury One was built to inspire the world in the same way the United States space program shaped America's national destiny and the world. The organization seeks to restore the human spirit by helping individuals and communities help themselves through honor, faith, courage, hope and love. In the words of Glenn Beck:

We don't stand between government aid and people in need. We stand with people in need so they no longer need the government

Some of Mercury One's core initiatives include assisting our nation's veterans, providing aid to those in crisis and restoring the lives of Christians and other persecuted religious minorities. When evil prevails, the best way to overcome it is for regular people to do good. Mercury One is committed to helping sustain the good actions of regular people who want to make a difference through humanitarian aid and education initiatives. Mercury One will stand, speak and act when no one else will.

Support Mercury One's mission to restore the human spirit by making an online donation or calling 972-499-4747. Together, we can make a difference.

What happened?

A New York judge ruled Tuesday that a 30-year-old still living in his parents' home must move out, CNN reported.

Failure to launch …

Michael Rotondo, who had been living in a room in his parents' house for eight years, claims that he is owed a six-month notice even though they gave him five notices about moving out and offered to help him find a place and to help pay for repairs on his car.

RELATED: It's sad 'free-range parenting' has to be legislated, it used to be common sense

“I think the notice is sufficient," New York State Supreme Court Judge Donald Greenwood said.

What did the son say?

Rotondo “has never been expected to contribute to household expenses, or assisted with chores and the maintenance of the premises, and claims that this is simply a component of his living agreement," he claimed in court filings.

He told reporters that he plans to appeal the “ridiculous" ruling.

Reform Conservatism and Reaganomics: A middle road?

SAUL LOEB/AFP/Getty Images

Senator Marco Rubio broke Republican ranks recently when he criticized the Tax Cuts and Jobs Act by stating that “there's no evidence whatsoever that the money's been massively poured back into the American worker." Rubio is wrong on this point, as millions of workers have received major raises, while the corporate tax cuts have led to a spike in capital expenditure (investment on new projects) of 39 percent. However, the Florida senator is revisiting an idea that was front and center in the conservative movement before Donald Trump rode down an escalator in June of 2015: reform conservatism.

RELATED: The problem with asking what has conservatism conserved

The "reformicons," like Rubio, supported moving away from conservative or supply-side orthodoxy and toward policies such as the expansion of the child and earned income tax credits. On the other hand, longstanding conservative economic theory indicates that corporate tax cuts, by lowering disincentives on investment, will lead to long-run economic growth that will end up being much more beneficial to the middle class than tax credits.

But asking people to choose between free market economic orthodoxy and policies guided towards addressing inequality and the concerns of the middle class is a false dichotomy.

Instead of advocating policies that many conservatives might dismiss as redistributionist, reformicons should look at the ways government action hinders economic opportunity and exacerbates income inequality. Changing policies that worsen inequality satisfies limited government conservatives' desire for free markets and reformicons' quest for a more egalitarian America. Furthermore, pushing for market policies that reduce the unequal distribution of wealth would help attract left-leaning people and millennials to small government principles.

Criminal justice reform is an area that reformicons and free marketers should come together around. The drug war has been a disaster, and the burden of this misguided government approach have fallen on impoverished minority communities disproportionately, in the form of mass incarceration and lower social mobility. Not only has the drug war been terrible for these communities, it's proved costly to the taxpayer––well over a trillion dollars has gone into the drug war since its inception, and $80 billion dollars a year goes into mass incarceration.

Prioritizing retraining and rehabilitation instead of overcriminalization would help address inequality, fitting reformicons' goals, and promote a better-trained workforce and lower government spending, appealing to basic conservative preferences.

Government regulations tend to disproportionately hurt small businesses and new or would-be entrepreneurs. In no area is this more egregious than occupational licensing––the practice of requiring a government-issued license to perform a job. The percentage of jobs that require licenses has risen from five percent to 30 percent since 1950. Ostensibly justified by public health concerns, occupational licensing laws have, broadly, been shown to neither promote public health nor improve the quality of service. Instead, they serve to provide a 15 percent wage boost to licensed barbers and florists, while, thanks to the hundreds of hours and expensive fees required to attain the licenses, suppressing low-income entrepreneurship, and costing the economy $200 billion dollars annually.

Those economic losses tend to primarily hurt low-income people who both can't start businesses and have to pay more for essential services. Rolling back occupational licenses will satisfy the business wing's desire for deregulation and a more free market and the reformicons' support for addressing income inequality and increasing opportunity.

The favoritism at play in the complex tax code perpetuates inequality.

Tax expenditures form another opportunity for common ground between the Rubio types and the mainstream. Tax deductions and exclusions, both on the individual and corporate sides of the tax code, remain in place after the Tax Cuts and Jobs Act. Itemized deductions on the individual side disproportionately benefit the wealthy, while corporate tax expenditures help well-connected corporations and sectors, such as the fossil fuel industry.

The favoritism at play in the complex tax code perpetuates inequality. Additionally, a more complicated tax code is less conducive to economic growth than one with lower tax rates and fewer exemptions. Therefore, a simpler tax code with fewer deductions and exclusions would not only create a more level playing field, as the reformicons desire, but also additional economic growth.

A forward-thinking economic program for the Republican Party should marry the best ideas put forward by both supply-siders and reform conservatives. It's possible to take the issues of income inequality and lack of social mobility seriously, while also keeping mainstay conservative economic ideas about the importance of less cumbersome regulations and lower taxes.

Alex Muresianu is a Young Voices Advocate studying economics at Tufts University. He is a contributor for Lone Conservative, and his writing has appeared in Townhall and The Daily Caller. He can be found on Twitter @ahardtospell.

Is this what inclusivity and tolerance look like? Fox News host Tomi Lahren was at a weekend brunch with her mom in Minnesota when other patrons started yelling obscenities and harassing her. After a confrontation, someone threw a drink at her, the moment captured on video for social media.

RELATED: Glenn Addresses Tomi Lahren's Pro-Choice Stance on 'The View'

On today's show, Pat and Jeffy talked about this uncomfortable moment and why it shows that supposedly “tolerant" liberals have to resort to physical violence in response to ideas they don't like.