President Biden recently claimed during an interview with ABC’s Jimmy Kimmel that America has the ‘fastest-growing economy in the world.’ But that’s an outright LIE, now proven by numbers released by the International Monetary Fund (IMF). In fact, in 2021 the U.S. economy ranked behind 50 OTHER countries in terms of percentage growth, some of them being Third World countries. Listen to this clip to find out which ones…
Below is a rush transcript that may contain errors
GLENN: Oh. Stu, just as another exciting Monday morning. How are you feeling? I mean --
STU: I am feeling incredibly well. I'm looking at the state of the economy. And did you know that this president has added more jobs than any president in history? Everything is going incredibly well.
GLENN: That's crazy. Wow.
STU: And really, it's just these Republicans who are smearing the job this president has done. At least that's what the president tells me.
GLENN: Uh-huh. Uh-huh. Yeah. You know, yesterday and this weekend, I had to drive down to Park City to get to my art show. And I have to tell you, I was just thinking great thoughts about this administration, as I stopped at Subway, to buy two sandwiches, two drinks, a couple of chips, and spent just over $40. And she said, it's, you know, 41.19. I honestly, I looked around like, she's talking to someone else. And she just looked at me. And I said, for that? I mean, no offense, Subway. But 41 bucks for that? She's like, yeah, the price has gone up. I'm like, oh.
I had -- yesterday, I drove home. I had $60 in my pocket. And I had to -- I had to get some food for the boy. A teenage boy doesn't eat much at all. And then I had $24 left. And just from feeding the boy. And then $24 left to put gas in my car, which was really, really great. And I got a whopping 4 gallons. And I thought to myself, why didn't I vote for Joe Biden? I mean, I just think this is fantastic. And then I get up this morning, and I look at the stock market. And I'm thinking, jeez, my retirement, it's going well. It's going well. Everybody's retirement. You know, the one thing that living here in the center of the country, or in a farming part of the country, is you have a different perspective on almost everything. It's kind of weird. I got up in morning, and it was raining. And it was pouring here at the ranch. And cold. Or cool. And I got up this morning, and my first reaction, when I get up in the morning, and I'm in Dallas. And it's raining. I'm like, oh, crap. The first thing I did when I opened up the window was, oh, thank you, Lord. Thank you.
You have a different view on everything, because you need the rain for the crops. So you can eat, and others can eat. So your cattle can eat. You know, I'm not really -- I'm not really down with the global warming thing right now, if this is what it's going to take. Because no one -- oh, my gosh. Write this down. I think this is a good phrase. To describe what's coming. No one will own anything. And they'll be happy. Or they'll be shot. But they'll be happy about it.
STU: That's the way to do it, yeah. I like that. You know, it's funny. Looking at the economy as it comes out. And watching the president's response to it. You know, there have been -- you know, I was talking to a friend in Pennsylvania this weekend. Who filled up his gas, normal vehicle. Not like a giant vehicle or anything. $121 to fill up in Pennsylvania. And you realize -- and I'm fascinated by this. When Barack beam was president and we're coming out of the great recession. And there was this constant that we used to mock it all the time. You know, we've now saved or created, 2 million jobs. And obviously, like, it was a totally different approach at that metric. Where normally, it would just be how many jobs you created. (well, they said, saved or created. Therefore, like implicitly telling you, look, the bottom line here is, we know things aren't great. But it's better than you realize, and the things we're doing are making it better than it could have been, if we weren't here. That was their message to the country. They acknowledged that things kind of sucked. But it really wasn't our fault. It was Bush's fault. It was the last guy's fault. And the things we're doing is making it more tolerable. That is not the approach of the Biden administration. The Biden administration is telling you, things are great. You idiot, why don't you realize how good this is going? This is your problem. Maybe we need to get Joe Biden on the campaign trail more often. So he can tell people, how good they have it.
And I don't know, when you're filling up for $121 and you're paying $42 for Subway sandwiches, I don't think people agree. It's not that they don't hear your message. They just think, it's ridiculous.
GLENN: So here's the interesting thing here: You know, because we do have such a great economy. It's just so great, Stu. I don't know what you're talking about. But it's so great. And when Joe Biden says, hey, you know, we have the fastest growing economy in the world, well, that's -- you know, if you leave off the list, the other 50 countries, that are doing better than the United States, and, you know, when I started looking into this, I thought, okay. All right. The UK did better than we did. Okay. Well, it's -- well, it's England. And then I saw, all right. Okay. You know, some other countries have done some -- you know, some -- some better things with their economy. It's China. Italy. France. Okay. Okay.
And so you're feeling, like, okay. Well, you know what, we're all on the same team. And it's a comparable country. So maybe we're just a little behind. And then you get down. You know, when I got to the E's. And I saw that Ethiopia is doing better than the United States. I thought, okay. All right. Well, that's just -- you know, that's just kind of out there. You know. And then -- and then I found Libya is doing better than the United States. Guyana -- I don't even know if I can find Guyana on a map. Guyana is having a stronger economy and bounceback than we are. So did I mention Libya? Because I love -- Libya is -- I mean, sure, it's in revolution. And bombing, and corruption. And everything else. But they're doing better than we are. India is doing better than we are. So I -- you know -- I am -- I mean, you know, we're close. We're close to the top. Just Ethiopia, just squeaked by us, there. And I've always said to myself, self, you know, it's time to share the wealth. It's time to make sure that the United States isn't the leader of the world. You know, maybe it's time for Ethiopia to lead the world. You know. When Ethiopia can afford -- no. When Ethiopia has groceries. And we're having trouble getting groceries! Something is really wrong.
GLENN: Maybe it's just me.
STU: Look, the growth off of Ethiopia's economy, percentage-wise is better than us. I'm not looking to move any time soon. I will state that for the record.
GLENN: Oh, no. No.
STU: But it's fascinating. Because the growth here, is -- is meaningless to people. And, you know, normally, economic growth is really important. And, of course, you know, you would rather have it than not have it. But when you have 5 percent growth, say. And you have 10 percent inflation. It doesn't hit people that hard. You know, they keep bragging about these wage gains. Well, people aren't feeling that. Because all of their costs are up so much more than they gain in wages. Gaining wages is supposed help you buy more things. And afford more things. But if the things cost more than your wages go up. You don't feel that. In fact, what you feel is a pay cut. And that's what the American people are screaming out. And it's what the administration doesn't want you to think about.
GLENN: When the truck pulled into the gas station, on Friday. After three hours of driving. Two and a half hours of driving. And it pulled in. And I'm following it. And one of the guys had to go to the bathroom. But I thought it was pulling into the gas station, that meant, that we had to refill that diesel truck, I was immediately thinking, I'm giving this truck away. There's no way. No, no, no. As he turned into the gas station, I'm like, no, no, no, no, no, no, no, no. What? What? Why are we going to the gas station again? I freaked out. I mean, it's like -- can you imagine if you have -- if you're driving a tractor-trailer, if you're driving any of these big trucks. Because you need to drive it. It's not like you're necessarily driving a big truck. Because you like a big truck. Although, in America, I think you should have that right and ability.
But when you're driving a truck, because you have to drive the truck, oh, man. I just tell you, the I did that sticker, on the gas station pump. Took on a whole new meaning to me. You know.
And I would like to meet Joe Biden. I think he should hold his campaign rallies right around gas stations. Because I think people would flock to him. All right. We're going to take a quick break.