US inflation is a ‘five-alarm crisis’: Sen. Thune



Sen. John Thune, R-S.D., responds to Sen. Joe Manchin’s decision to reverse course on his energy permitting plan and how it will impact domestic energy production ‘Varney & Co.’ #foxbusiness

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21 comments

  1. Maybe Republicans shouldn't have allowed the fraud election.

  2. well i can tell you haven't talked to joe lately have ya??……cuz he would tell ya….."don't feel like a recession to me…."……………ya gotta listen more to joe……….he's the president……….he knows whats going on………..right joe???

  3. Want Change? Don't like Biden? Until the GOP denounces trump and his minions – Democrats will rule this country – The GOP needs to Stop nominating morons.

  4. No choice have to can and abolish green new deal evs hydrogen which was anything but green.
    Need fossil fuels…period.

  5. if only Joe Biden cared about people.

  6. maybe the government should set prices directly, if youre going to blame them anyway.

  7. The ratbags are run amok and tryin to throw worth less iou's to cover the painful evidence.

  8. Feel; sorry for the illegals they left a socialist stat and walked in another

  9. Drone Vlad…Impeach Biden…There I "Fixed" it…

  10. I don't know who needs to hear this!Stop relying on the government and savings. Invest some of your money if you want financial stability, having several income streams is not a bad idea

  11. No the insurance laws are doing that
    Stoping the Growth of America

  12. MY FINANCIAL GOAL IS TO BE MAKING AT LEAST UP TO $1,000,000 EVERY YEAR BY INVESTING HEAVILY BOTH IN CRYPTO AND STOCK. I NEED GUIDIANCE. please comment below…

  13. The markets will continue to get hammered

  14. "My hope"??? The Repubicans are useless. Even if they were the majority, they can't do anything. They just look at their own pocketbooks. Politicians go to Washington to become rich, not to serve people.

  15. You could have avoided this all..but so many of you Republicans worked against Trump behind the scenes to get Biden elected..like McConnell and Romney and Lindsey Graham (Best Friends With Biden) and Cheney and Collins and Murkowski and McCarthy and Ex Speaker Paul Ryan and Tom Cotton and Many Other Establishment RINO War Monger Republicans

  16. For all you idiots out there that don’t know the difference between a Democracy and a Constitutional Republic this administration has shown us the difference and quite easily I might add.

  17. Investing in crypto now should be in every wise individuals list, in some months time you'll be ecstatic with the decision you made today

  18. huny.. PASS THE POPCORN! iT HAS FINALLY CAUGHT UP WITH "them"

  19. We absolutely must do something about all of these incompetent elected federal representatives like this clown Sen. John Thune who was at least sounding like he knew what was going on until about 1:30 mark at which point he revealed his ignorance or his diabolical nature by blaming this forty-year high inflation on "those massive spending bills." Folks, when we have these politicians on the GOP side of the political aisle blame inflation on federal spending which federal funding is being electronically generated (QE) since the advent of QE3, instead of blaming inflation on the greed/avarice of Big Corporate Business, which includes Big Oil, you have their true colors being revealed. What Thune and others are saying, and please correct me if I'm wrong, is that when the working class has some extra disposable income from any source, such as a stimulus check or a wage increase, it is to be expected, even accepted as a normal business practice, for Big Corporate Business to increase prices so as to increase profits which record profits are now being realized by the top tier essential consumer goods producing corporations such as Big Oil. This type of mindset is in fact saying that no matter how hard you work or how much money your work produces verses making money by other means i.e., , you will never be allowed to get ahead because Big Corporate Business has no restraints on their greed/avarice thus no restraints on their ability to raise prices even without there being any cost of production increase, as is the case with Big Oil. At this current rate of price increases we're soon looking at a loaf of bread costing $50 with the slices being the size of large crackers if there aren't some effective price controls put in place and sooner than later.
    The entire explanatory narrative on how and why QE spending works is called Equity Spending (YouTube) or ES, not to be confused with the more politically correct, Left leaning, in my opinion, inferior MMT explanatory narrative on QE spending. P.O.O.F.O.O.S.I.E.

  20. That Veto Pen is inviting Impeachment