If anyone doubted the ability of Will Cain to jump from sports media back into news, the past two years have laid those questions aside.
The Fox News host has fully hit his stride and shown the versatility network executives knew they were getting when they brought him to the network roughly two years ago.
Cain filled in for Tucker Carlson on Friday evening’s Tucker Carlson Tonight, and, as is his style, he wasted exactly zero minutes making his opinions known.
“If you want to know what is in a bill in Congress and what it’s actually going to do, take a good look at the name of the bill. Whatever it is, you can be sure the legislation will do the exact opposite,” Cain began. “The American Recovery and Reinvestment Act of 2009, for example. It led to the worst economic recovery this country had seen since World War 2.”
Cain referred to the “Marketplace Fairness Act,” which he said is nothing more than an internet sales tax that helps more prominent players “price out smaller competitors.”
“So we should all be very nervous. Very, very concerned that Congress just passed something called the ‘Inflation Reduction Act.’ It mandates hundreds of millions of new dollars in spending that will increase the money supply in this country,” Cain told his viewers. “That will, in turn, devalue the currency. And that, in turn, will cause more inflation. That’s basic supply and demand.”
Relying on the basics, Cain believes the real-world results matter far more than any fancy title, a talking point, or political spin. More money printing equals more inflation. Two-quarters of negative GDP equals a recession. Higher gas prices equal less money left over in Americans’ pockets.
“Life is already so expensive in this country that we literally have bread lines in major cities,” he said, cutting to a segment where Camden, New Jersey, residents said they couldn’t even afford rice and beans. “That’s America. And that’s happening all across America, and you have to wonder, why then is the Biden Administration devaluing money when we have bread lines?”
True enough, political leaders of both parties have fired up the money printer to go Brrrrrrr for decades, and there is plenty of blame to be shared by any politician unwilling to make the necessary but tough choices. In this instance, however, many feel it is ridiculous to cite global warming as the impetus for heaping more economic pain on middle and lower-income Americans.
“Well, their justification for the bill is that it will stop the climate from changing. That’s why the bill includes 50 billion dollars in subsidies for electric vehicle purchases, which by the way, will lead manufacturers to jack up the price of electric vehicles. We’ve learned that lesson from healthcare subsidies and subsidies for college tuition,” Cain pointed out. “There’s also billions of dollars for the postal service to buy new mail trucks that don’t pollute as much. And of course, there’s 100 billion dollars for the so-called renewable industry.”
Cain then explained how China, while at the forefront of the “renewables” industry, continues to see annual carbon dioxide emissions increase. At the same time, the United States has experienced a steady decline in such emissions over the past couple decades. In his opinion, “China wants the rest of the world to run on so-called renewables but China doesn’t want renewables for themselves.” He pointed out the financial and strategic benefits to China when Western countries “sabotage their own energy supply in the name of protecting the climate.”
“Like any good dealer, they don’t get high on their own supply, and most Americans recognize that,” Cain said, referring then to a recent poll by Rasmussen. “People in this country care about, of course, things like inflation, the economy, crime, immigration. By contrast, most Americans recognize the media is far more interested in pushing false narratives about climate change.”
Cain asks, where is the media drumbeat against China or India for their world-leading levels of emissions?
“Instead, the media blames Americans,” Cain said, leading into footage of cable media hosts and analysts downplaying the pain caused by higher prices and monetary inflation.
Cain briefly highlighted the 80 billion dollars in the bill designated to grow the IRS, and wondered aloud “why do we need to make the IRS even more powerful, exactly?” He noted that the bill keeps the carried interest loophole, benefiting “wealthy individuals and institutions, in particular,” along with “hedge fund managers, who are some of the Democratic party’s biggest donors.”
Will Cain believes inflation is real, and it is painful for most everyday Americans.
He also seems to believe the media, and their Democrat partners in Washington, don’t seem to care or have any interest in leveling with citizens.
“What do Americans get out of the deal?” Cain asked. “Probably a lot more inflation, and a lot more audits.”
