Um a lot of economic news, and we're going to get to our very distinguished colleague, professor at Chicago's Booth School of Economics, former chairman of the Council of Economic Advisors for uh the Obama administration, Austin Gouldsby.
And because he's a professor, I'm gonna have him grade Joe Biden on a variety of issues.
Now, but first we're gonna start with the economy.
And I don't know, call me suspicious.
ADP, which has a great reputation, reported a 300,000 job loss for January.
Now the Biden labor department reported a 467,000 job gain.
Now, you might think, Hannity, you want the economy to be bad.
No, because I love my fellow Americans and Biden inflation, according to Penn Wharton, is costing up to five thousand dollars per household uh because of the disastrous economic and energy policies.
Oil so that we so we have mixed view mixed review on on that number.
Well, let's give Biden his number for the day, but I'm not buying it.
I'll put that aside.
Then you have Lawren Summers, not a dumb guy, predicting the Biden inflation crisis, a 40-year high, will become the Biden recession by the end of this year.
Recession defined as as two negative uh quarters of of growth.
Uh anyway, he said macroeconomic policies that push demand well past the economy's capacity, such as those we've pursued over the past year, do not just lead to inflation, but rather to increasing inflation, uh, with the inflation rate accelerating for as long as the economy's overheated.
And he talked about the painful lessons of the 60s, 70s and and Jimmy Carter's recession.
Uh, but you know, just in in context here, um I want to bring in our good friend, professor at the Chicago prestigious Chicago Booth School of Economics, who's never invited me to be a guest speaker, Austin Gouldsman.
How are you?
Hey, Sean, I'm gonna need to get you in touch with my TA, because you you you got yourself worked into a corner there with your numbers.
Well, I really did.
I mean, d every number I gave was accurate.
91 bucks a barrel.
The quotes of Lawrence Summers were real.
ADP's numbers yesterday showed a 300,000 job loss.
The Biden labor department shows a 467,000 job gain.
Um Lawrence predicting the it's more what you've what you left out by accident.
But 2021, biggest job growth year ever, second highest economic growth rate in the last half century.
Only Ronald Reagan's 1984 was better.
Um, and a very strong job market with a lot of wage gains.
So there are no.
So basically after the pandemic positive.
So uh if we go back to the three years of Donald Trump prior to the pandemic, we had record low on unemployment numbers.
By the way, for every demographic group in the country.
Here's my question.
I I we you and I have gone over these numbers again and again and again.
We're not gonna agree.
So I thought today we'd do something different.
You ready?
Okay, let's do it.
Okay, you're a professor.
Now, do you consider yourself a hard grader or are you kind of, you know, one of the professors that, yeah, I'll give the kid a B plus.
I don't care.
Uh I'm I'm probably a tough grader.
Really?
I teach three sections, and each one's got about seventy kids.
Okay.
How many of the seventy in each class will usually end up with an A?
Hmm.
Uh they kind of have a forced average GPA um at the school, so there's a there's a forced curve.
By the way, that is so outrageous.
That is that that is such an injustice.
If you deserve an A, give the kid an A. If you're giving out too many A's because you have too many smart kids, well, that's not your problem.
That's the tough and the thing is over time at at University of Chicago, they've gotten smarter and smarter.
If you go just look at their test scores, they've gotten smarter and smarter.
So it's gotten harder.
Well now you have to give a kid a B plus because because you can't give out the A that he deserves because you're giving out too many A's.
Yes, you know what?
So that's by the way, I blame your Democratic Party for that crap.
That's just you know what you're talking about.
That that is the biggest bunch of Adam ship I've ever heard in my life.
Anyway.
Because they're too tough.
You're usually telling me that my Democratic friends are snowflakes, they're too easy.
Now I'm telling you we're two tough a graders, and you're like, that's not a good thing.
No, you're no, you that's not what you're telling me.
You're telling me kids that really deserve A's, you can you can't give A's to everyone that deserves them because they they have this phony curve.
If a kid deserves an A, give him an A. If every kid all seventy kids deserve an A, give them all A's, period.
Not saying to give them anything from nothing.
Yeah, then but then by the way, then you'd have 500 kids in your class the next semester.
His word would get out pretty fast that you're an easy grader.
All right.
Let me get on the economy.
I'm not really gonna fight you on it, but I just uh I just want my audience to sort of get into the mind of a Biden supporting Obama loving uh new Green Deal socialist radical.
Sean Hannity calling great American.
That's right.
I did I do call you a great American.
Written down, Sean Hannity said you are a great American.
I did write that.
Now, that is true.
I don't lie.
And but the thing is, you know, you're a wonderful person.
There are liberals that are you know just power hungry and know damn well what they're doing isn't gonna work.
You're not one of 'em.
You you really believe in redistribution of wealth and put it all in a big pot, and we'll share it equally, blah, blah.
I should have just stopped you at L O and you're a great American.
Let's agree on that part.
All right.
I'm supposed to grade wait, you just tell me the rules.
I'm grading the conditions, or I'm grading the overall state of whatever the topic is.
For example, the first overall, what grade would you give Joe Biden on the economy?
I would his policy response or on how the economy is doing.
How the results of his policies, what would you uh how is he doing on the economy?
I would say labor market straight.
No, no, no, no, no.
It's a simple question.
It's an A, B, C, D or F. There's no even plus or minuses.
All right, you can add plus or minuses.
Go ahead.
I would say conditions, I would give a B plus.
All right, I'm at an S. Labor market A. I am at an S. Inflation.
All right.
Listen, I just want to know how crazy you really are.
All right, now let's go a little deeper.
Um now over Christmas, we ran out of COVID tests.
Uh they were presented a plan in October.
This was all chronicled by Vanny Fair, and they said we can make 732 million tests a month leading up to the holidays every month.
And, you know, leading we know that there's a predictable spike with Hanukkah and Christmas and New Year's and a lot of get togethers.
They said no, we ran out of tests.
We also ran out of monoclonal antibodies.
Yeah.
We we've had FDA approval forever for these antivirals type but from Pfizer and Merck that every doctor I talked to raves about.
They ran out of all of it.
Now, how would you grade Joe Biden's and remember we had more more dead people from COVID in 2021 and 2020?
How do you grade him on COVID?
Uh uh for sure on testing, I grade him low.
And I gotta be consistent.
I was very critical of the Trump administration at the beginning.
They were trying to get one million tests, not seven or a million tests, and then they failed to do it, and I was very critical.
So I have to be very clear.
Let me tell you something.
We never ran out of ventilators or PPE and operation warp.
Okay, operation warp.
So I'm I'm I'm siding with you.
I think that was a unforced error.
What's the grade?
And uh at best a C. I I give him a D on that test.
You are not a hard crate.
He gets an F. What do you mean?
Now on all now, you only talked about tests.
How did what you how when how did he run out of tests now entering the third year of the pandemic and you give him a C?
No, no, no.
Are you out of your mind?
No, no, wait a minute.
You you said on all of COVID and so the getting building up the capacity to have the vaccines.
He can't convince the one third of the country that got into this.
Forget about that.
We ran out of monoclonal antibodies, the best therapeutic.
He never warp speeded the antivirals, and we ran out of tests.
What's the overall grade?
Uh I I told you, uh overall I give a C. I think there are areas where there are great strengths to we got a lot of other topics.
All right.
Okay.
So I give him an F. Um now it's you uh you're the East German judge at the Olympics, man.
You gave him a F before he even he gave it the trip.
That might be the best line you've ever had.
All right, now let's go to the issue of uh energy.
When Joe Biden, Joey, you know, when he's awake, might get ice cream if he has his wife Poland, you know.
Come on, Joe, come along.
If you get off stage now we'll go upstairs and get some ice cream.
Um anyway, overall uh he we were a net exporter of energy, and we also were energy independent for the first time in seventy five years.
Donald Trump achieved that.
Now you told me that, so I went and looked it up.
But we imported two point nine billion barrels of oil last year.
So in the last year, the Trump administration.
At the end of the year, go back and look at the end of his last year, we didn't import a single barrel of oil from Saudi Arabia.
We were a net exporter.
Yeah, but na we imported all of that oil.
Okay.
We now reduce production.
Here's my question.
It was Obama who approved the exporting of oil.
Okay.
Let me ask you just to get to the cut of the chase.
What do you give a grade on Joey on uh on energy?
W on on the production of energy?
No.
You've got to get these things.
Energy prices are through the roof.
Oil oil prices now are at a seven year high.
He has artificially reduced exploration for gas and oil in Anwar.
He stopped the Keystone XL pipeline.
He has put other environmental uh obstacles up that prevent uh the that prevent the exploration and extraction of energy.
He's begged OPEC numerous times to produce more, and he's even begged Russia.
What is your grade?
I need you to explain why twenty twenty-one is gonna be the third highest production of American oil asking you why is he why isn't he why is he decreasing our ability to produce energy oil and gas, the lifeblood of the world's economy.
You're missing the whole point.
He has put restriction, he's restricted Anwar, he's restricted other parts of Alaska, he's restricted pipelines, he's restricting in Texas he's extra he's ex he's restricting any exploration and extraction anywhere that he can.
What are you talking about?
When w uh then how do you explain why protection as high as it is?
Because we artificially have reduced the supply while the demand has remained constant and he's making Russia rich again because he gave Vladimir Putin a waiver.
Oh my gosh, why that U.S. production is weighed down.
But it's not by the way, if you were my student, I'd I'd kick your ass out of the classroom right now for not answering the question.
What what is what is you might have had the best line ever though.
I don't think I can top that today.
I'm more with Austin Goolsby as we try and extract grades out of him for the Biden's failed policies on pretty much everything.
On immigration overall, Joe Biden, we have hit a twenty-five year high last year of illegal immigrants.
He stopped the state of Mexico policy, stopped building the wall.
Now it's it's not only process and release, but preferential treatment, no COVID testing.
Gensaki said they're not going to be here very long.
They're flying people all over the country in the dark at night.
Now today Kamala and Joe are talking about amnesty as reparations for child separation issues under the Trump administration.
What's your grade on their handling of enforcing the law of the nation on our borders?
Immigration is super important.
And I want there to be more immigration.
Okay.
We had legal immigration plunge.
True or false.
True or false question.
Is Joe Biden enforcing the laws of the land as it relates to immigration?
He he is enforcing a lot of the laws of the land, yes.
Not true.
What's your grade for him overall on controlling legal immigration and his handling of illegal immigration?
I gotta go.
What's the answer?
What's the grade?
What are you gonna give them?
Give me a grade.
I want more immigrants.
They create jobs.
You are a pain in the neck.
Can you just answer what grade on immigration?
I give them so far a B, but mostly incomplete.
I want there to be more immigration.
You are you are you have lost your mind.
Why is the fact that you're the whole premise of your thing is that we should do more.
Let's let's extrapolate it out.
What grade do you give him on stopping wrong?
What grade do you give him on stopping illegal immigration?
On stopping illegal immigration.
If I look at the numbers compared not to the middle of the pandemic, which is what implicitly you're doing the pre-pandemic, you gotta at least give them a B. You're out of number of illnesses.
Your students need to hear from me.
I need to counter this indoctrination that you're that's going on at the Chicago Booth School of Economics, man.
All right, I gotta roll.
Okay, you gotta go.
All right.
Thank you, Austin Goolsby.
Oh my gosh.
I feel like I was extracting teeth here.
Holding them accountable.
Sean gets the answers no one else does.
America deserves to know the truth about Congress.
Twenty-five to the top of the hour.
Peter Schweitzer's new book, by the way, uh, is number one on the New York Times list, red-handed, how American elites uh get rich helping China win.
Uh he's gonna join us.
So they had the opening ceremonies of the Olympics earlier.
Nancy Pelosi's words to the athletes don't speak out, don't talk.
You might they might get mad at you.
What happened to the land of the free, the home of the brave?
You know, the the cause of liberty and freedom.
What you're gonna you what do you want people to do?
Get on bended knee and and praise the the corrupt hostile regime of the communist Chinese?
The ones persecuting the Uyghur minority in China, the the uh the ones that are flying their fighter jets over Taiwan, telling them they're gonna take their country over, the ones that have cracked down in Hong Kong, the ones that gave the world COVID.
The hell what what do you mean?
What what is the what do these words mean, land of the free, home of the brave?
If I go to China and I'm an athlete, you're damn right I'm gonna speak my mind.
Not gonna listen to Nancy Pelosi.
What are they gonna do?
Take me hostage, kick me out of the country?
China's got themselves a big PR problem.
And why the Olympic Committee picked China is any I I don't know.
Oh, we're gonna have a diplomatic boycott.
Oh, that means a lot.
Oh, so that that dopey Secretary of State isn't gonna show up uh winking blinking, uh, who's an embarrassment anyway.
They have no respect for him at all.
They're not stupid.
So I want to play this Nancy Pelosi might not want to talk.
And then Joe Biden says Now think how compromised the Biden family is, and Peter will get into this later.
Thirty one, you know, million dollars in business with China.
One point five billion dollar deal with the Bank of China, zero experience hunter.
You can't make it up.
How compromised are the Bidens completely with China, Russia, Ukraine, you name it.
The last name was Trump.
You they're very different media coverage of this would be going on.
And Joe Biden on China's abuses, well, countries have different norms.
The central principle of Xi Jinping is that there must be a united, tightly controlled China.
And he uses his rationale for the things he does based on that.
I point out to him no American president can be sustained as a president if he doesn't reflect the values of the United States.
And so the idea I'm not going to speak out against what he's doing in Hong Kong, what he's doing with the Uyghurs and Western mountains of of uh China and Taiwan trying to end the one China policy by making it forceful.
I I said and by the he said he he gets it culturally there are different norms in each country and they their leaders are expected to follow.
You said quote it is in our self-interest that China continue to prosper.
A lot of people think that allowing China into the World Trade Organization, which he supported extending most favored nation status to China, which he supported that those steps allowed China to take advantage of the United States by using our own open trade deals against us.
No you think in retrospect that you were naive about China.
I would say to our athletes you're there to compete do not risk incurring the anger of the Chinese government because they are ruthless.
I know there is a temptation on the part of some to speak out while they are there.
I respect that but I also worry about what the Chinese government might do.
I cannot believe these are the two leaders in in this country I can't oh I see my friend Pearl from Brooklyn is standing by we had a call yesterday about from a woman I think her name was Diane and she had family members in the Holocaust.
For many years, Pearl's mom, Hannah, who was a Holocaust survivor, was a regular call to this program.
I love this woman.
She's an amazing woman.
The horrors that she would describe, you can't even imagine the evil.
Pearl, we miss your mom.
Good to hear from you, however.
I know you're never going to recover.
Your mother was such a special lady.
Thank you so much, Sean.
Thank you from the bottom of my heart for remembering and speaking about my mother on yesterday's program.
Your program was excellent, and the event with Whoopi Goldberg on The View was excellent.
uh it it shows us and it's proves to people in this country that she is uninformed and not educated about the Holocaust unfortunately Whoopi she represents the majority of Americans who are not knowledgeable about events of the Holocaust and the atrocities that were perpetrated on the Jews.
Sean six million Jews were murdered only because they were considered by the Nazis to be an inferior race in this and in this country there are thirty one states in in this country that their schools they do not they are not required in the schools to teach about the Holocaust so how are they to learn?
How do you how do you teach world history and not talk about you know the last century Mao and China Stalin and Russia fascism Nazism the Holocaust the death camps how is it possible Pearl that that I I I can't even believe you're telling me this.
Yes.
How do you my father why why did my father fight four years in the Pacific in World War II and why did America go uh fight with the Allies against you know this horrific evil regime why did we do that then?
Exactly and God bless the American soldiers who liberated the concentration camps all over Europe but you might remember Marty he slammed the beaches of Normandy he used to be a regular caller miss him too yes and there's so much anti-Semitism in the in in the United States and all over Europe that we must learn to combat anti-Semitism by educating adults and young people.
I'll tell you what we're not we're not but we're not doing it Pearl.
And I'll tell you another thing.
We now see worldwide this rise of anti Semitism.
And that's not just radical Islamists.
And and I'll tell you another thing people don't know Israel's history.
You know people don't know um the they don't know about the nineteen forty eight UN partition plan.
They don't know about the 67 war.
They don't know about the what happened in 73.
They don't know what life is like on in border towns that I have visited myself where you know rockets are being fired almost every day from Gaza into these cities.
I remember when you went to Israel you were the only person a journalist or politician that went to Israel when they were throwing rockets and you went into the tunnels.
And I know you're six feet tall, and you stood up, and you put your arms out to show what the Arabs did with the money that was given to them by the United States and other countries.
And Israel.
It was the United States and Israel's money for schools and hospitals.
Yes.
And instead, they took the money, and they built these tunnels from Gaza so that they can sneak into Israel.
And there were so many of them.
kill Israelis rather than rather than help their own children and their own families.
It's sickening.
Yes and people don't know that's you know the people that I know my family, my friends we know the history, but the others don't well that's why I do take the time to go.
That's why I went on a tour of the old city with with Dory Gold.
That's why I'm I'm I've been friends with BB for twenty seven years for crying out loud.
Everyone knows that you're a great supporter and great friend to Israel and Jewish people.
Listen, on the whoopee side of it, the only thing I would say, and you know my heart, Pearl.
Yes.
She just, she didn't know what she was saying.
Do I think she has, you know, is she an anti-Semite?
No.
I think she didn't.
She understood the evil part of it.
She didn't understand the underlying, sick, twisted, ugly ideology of Nazism and a superior race.
Because that's what it was about.
And it was about extinguishing every single person, starting with Jewish people and over six million Jews were slaughtered in these death camps and they were gassed and they were killed and they were murdered and it it was human evil and a degree I I ear I know people don't want to you we want to be happy in our spare time but you need to educate yourself.
There are videos of people in these death camps watch the history channel.
You can pull it up on demand and learn and watch the horror emaciated people you know that that were eventually slaughtered.
I mean it's just people need to visit you know for example like Whoopee as a start she needs to visit the Holocaust Museum in Washington C Washington she needs to listen to Holocaust survivors.
There are many tapes many and um unfortunately we lost we we lost many survivors there are very few left and they were our living witnesses.
Your mother your mom who we love and they're and they're they're dwindling there are no more survivors and also for me there are no more soldiers very few soldiers.
Pearl we love you we think of your mom and uh she would be proud of you huh?
Thank you.
And I just want to give you a caller's a message Ellie Wizell said when you listen to a witness you become a witness.
It's a great line.
All right Pearl God bless you pleasure my pleasure one day we're gonna we're gonna see your mom in paradise one day I'm pretty confident okay.
Thank you thank you Sean my eight hundred nine four one Shauna's on number you want to be a part of the program quick break we'll come back we'll continue all right back to our busy phones.
Robert South Carolina what's up Robert how are you sir?
Hey how you doing Sean I'm good what's going on a truck for twenty five years and uh I've been listening to your show for a little long time.
And uh Thank you.
By the way, are you uh you uh we're gonna have truckers, we're gonna have the organizer of the uh freedom convoy here in America on, and we're gonna have one of the organizers of the Canadian.
By the way, we have a lot of updates, they're winning on a lot of fronts.
That's coming up uh at the top of the next hour.
Let's go anyway.
What's on your mind today?
Um that's really funny that you said that.
Uh we just got a company wide email that any own owner operator that works there that is leased on to a the company that I work for, if they participate in any convoy as like what's going on in Canada, their lease will be terminated.
Well, if you need another company, it just so happens I have very close friends that have a trucking company and they'd love to have you on.
So if you ever want to if you if you find yourself in a situation you need to go with another company, I'll be glad to hook you up and hopefully it'll work out for you.
Oh, that sounds awesome.
I've been doing it 25 years, and uh the respect that we get out here is completely it's ridiculous.
We don't get any none.
No, I hate I hate that, but I think people don't are your your heart shouldn't be troubled.
Look at the support of the truckers in Canada.
The $10 million that you know, GoFundMe.
They can't they they can't unfreeze this.
Uh to me, something fishy's going on.
Uh but all the people, the even even though they know this is gonna impact the the products that are usually available in the stores they go to, that's not gonna be so readily available, they're still supporting the truckers.
And if they hold out, they're winning already.
You know, I'll give the latest updates at the top of the hour, but Alberta, Saskatchewan are taking the lead, they're saying, okay, we need our truckers back, and they're lifting the restrictions.
And you know, you saw what the Supreme Court did here.
But I think people that we've have hit a tipping point.
The cops are supporting them.
The military members are saying if you send us in to go fight against the truckers, there's no way in hell we're doing it.
So Justin Trudeau's losing.
He's going to lose if they can hold out.
The way they're holding out are all the people that are supporting them financially.
And I think in the process, I think you're right.
I think there is an underappreciation of farmers, truckers, good teachers, um, packers, you know, all the nurses and you know, all of you were the heroes of the pandemic, healthcare workers.
You guys went into the if you were not working during the pandemic in those early days, we would have starved to death.
Most people would have starved to death.
I'm like a little minor prepper, so I have like food for like eight months.
But it but in all seriousness, everything we have in every store we go to is because of you guys.
And I think there is a greater appreciation rising now.
Well, I really appreciate that.
And uh, you know, I've my whole family's been truck drivers.
But I you know what scares me though?
Uh I believe if they had a convoy like that in America, I believe like Sleaky Joe would probably uh I don't know, he'd probably declare martial law and send the military after them.
I think he would.
Well, they're to the Ottawa police chief is threatening to use the military yesterday.
And by the way, there's not been any incident I read of any violence whatsoever.
This is truly a peaceful protest, not like the lies we were told in the summer of 2020.
Well, it's mostly peaceful.
Don't ignore that huge massive fire and all those rocks and burks being thrown at cops.
It's mostly peaceful.
I mean, they just lied through their teeth.
We love you guys.
If we could ever help you, if if you do this and they can you and you need uh some help, uh, I know some people that would be interested in talking to you.
Okay?
That sounds great.
Thanks, y'all.
All right, thanks for what all of you truckers do every day.
We appreciate it more than you know.
800, and we should appreciate it more than they know.
You know, if you see a trucker one day, maybe buy them like a sandwich when you go into a store.