RADIOAugust 03, 2022

The HUGE price spikes between Trump’s America and Biden’s

Inflation is surging, and more and more Americans are living paycheck to paycheck. In fact, 61 PERCENT of Americans now are relying on paychecks to live. This is why President Biden’s approval rating is so low, Glenn says. Because he refuses to accept and acknowledge what Americans currently are going through. And they’ve gone through a LOT in just the past two years alone. In this clip, Glenn takes a look at prices, numbers, and statistics — like grocery prices, gas, and illegal migrant crossings — from June 2020 under Trump to June 2021 and 2022 under Biden. And this HUGE spikes show we’re practically living in a completely different America.

Transcript

Below is a rush transcript that may contain errors

GLENN: Inflation is surging. More and more Americans are living paycheck to paycheck. 157 million adults. That is 61 percent of Americans, as of June, this number is up from 58 percent in May. A year ago, it was 55. But 61 percent of Americans now are living paycheck to paycheck. You disrupt anything, and they go under. That's the reality, that Biden. His -- his approval rating is so low. Not just because everything he's doing is leading to more misery. His approval rating is so low, because he refuses to recognize the truth. Every time, he says, we're not in a recession or inflation is just transitory. People stop listening to everything else he says. Because their experience. Their day to day experience is telling them differently. Now, as we are looking at inflation. And I mean incredible inflation. Let me just take you from June 2020.

To last year, at this time. To June 2022. Listen to this. Average gas price, when Trump was in office, $2.17, June 2020. Huh. June 2021, 3.15. That's after Biden comes to office. It's now the average of 4.82. So you're looking at more than a 2-dollar increase. Inflation rate, when Bush -- or, I'm sorry. When Trump was in office in June 2020, the inflation rate was .6 percent. The first year, June 2021, under Biden, it was 5.4. He said it was transitory. It is now 9.2.

It is transitory. That number is changing. It's just going in the wrong direction. Covid cases, seven-day average. Under Trump in June 2020. It was 22,433. In June 2021, last year, he brought it down to 11,756. Now that we're all vaccinated, in June 2022, the covid case's seven-day average is 106,757. The death rate has just gone down. Illegal border encounters. Under Trump at June 2020, it was 363,619 coming across our border illegally. In June 2021, just a few months in. That number under Biden went from 363 to 871,453. That number, this last June is now 1,478,977. You are 1.1 million more illegals coming in, June to June. Total consumer debt. Total consumer debt, in 2020, June 2020, it was negative .3 percent. After Biden gets into office, total consumer debt, because remember, you had so much money. You didn't know to do with it. Total consumer debt, was 4.2 percent. Today, total consumer debt, is 14 percent. This is a real problem. We're going in the wrong direction. This is why, the government is buying ammunition. They're trying to take away your guns. They're going and trying to get from the holster manufacturers, for some reason. Who has a holster in who doesn't have a holster? And why it is so important today, that you call to have Kyrsten Sinema's number. Her number in Washington, DC, or in Arizona. And beg her. She has been good and strong so far. But all of the pressures of hell are going to be coming down on her. They will make a deal, that only the devil could make. To get this bill. This climate tax bill, passed. Manchin has already folded. Sinema is the only one. And the Democrats are freaking out. Because she hasn't said anything about it. But I can guarantee you, they are trying to make a deal. And cut it. I mean, I wouldn't be surprised if all of a sudden, the government said, you know, after some studies. We think the Phoenix, Tucson area should just be domed and fully air-conditioned. We're going to call it the Sinema dome. Uh-huh.

They will cut any deal. Because they need every single of the 50 members of the Senate Democratic caucus to pass it. They've got to have every single one on board. One of them peels away, and that one will be Kyrsten Sinema. One of them peels away, and you don't get the climate deal.

Pray for her. And call her office, and ask her kindly. Please, don't pass on this tax. Because that's what it is. This tax will be so crippling to America. And I -- I really need you to understand, exactly what is -- is happening here. When we look at inflation. When we look at inflation, what are they doing to us?

Well, they're driving down supply, while driving prices up. Okay? So let's just say -- let's use gasoline. Or ammunition. What's whapping with the supply of gasoline and ammunition? Well, it's getting fewer and fewer. Not because more and more people are buying it. Which is true. But more and more people are buying it, at extraordinary prices. You're buying gasoline, but you're buying it, begrudgingly, and you're probably cutting back on the miles. Meanwhile, what has the government done. They've taken the strategic oil supply. And they have sold it into the market, to China. Overseas! And here.

And it has made some impact. But that is short-term. Because there is no progress -- it's not like we're waiting for something to be fixed, and to be opened up. And supply us with more. This is a dwindling supply. And what are they doing? They're not only selling our strategic oil. Then he's promising to replace that strategic oil, by paying twice as much as Donald Trump did to fill that thing. Which will take the oil supply away from the general population. It will have the government then taking your tax dollars, or printing more money from the fed. And buying that, which will drive up inflation. And drive up the price. This is really important, to understand. Inflation, and now the Manchin bill, still in the Senate. Please call Kyrsten Sinema's office, put people over parties here. But the government is spending more on gas, concrete, steel pretty much everything they can. Driving those prices up. BlackRock, buying up houses. ESG, hedge funds, buying up trailer parks all across the country, and then passing a 100 percent rent increase on to these people. So their -- they're buying up houses, and paying over asking price to buy up entire neighborhoods. They're buying these neighborhoods up, and then what are they doing? They're not selling them for a profit. They're holding on to them, and collecting rent. This pounds you on the free market side. You can't afford things on the free market side, because the public/private partnerships with these ESG funds and these corporations, plus all of the money, that the government is spending. They're driving up the price. Then on top of it, they're taxing you, which takes more of your money. And then they have the hidden tax, without representation of inflation. So in the end, the public/private partnerships with the government own everything. And you're left with nothing, but the hand that you have, that you now have to reach out and ask the government, please. Can you help my family? I need a handout.

You followed the rules your whole life. These people are breaking the rules every day, and they're getting away with it. And you're getting the shaft in the end. It is not too late, as long as you educate yourself on what's happening. And you speak out. The tide is coming in.

We little our boats couldn't float. The freedom boat couldn't float anymore. Because the tide is out. The tide is coming back in. But right now, is when we need everybody in boat. Because here's what happens. It's said over and over again. You know, hey, the government is not your dad. They're not our parent. Uncle Sam is not really your uncle. Well, that's more true than ever before. They treat us like children, and try to make all our decisions. Yes. But what you're -- what you're missing here. Is that it's not just that they're taking your right to make your own decisions. They're taking everything you have. So your only option is to come to them, or their public/private partnership. So you can rent or just live and eat, and I want to remind you, what every dad has always said. Every mother has always said. And you probably have said now to your children. Because it's true. I want you to remember as they treat us like children. And put us in the situation, where we have to have their care. I want you to remember, what was said to you, and you have said to your children. As long as you live under my roof. You will live and obey my rules.

That's why when the World Economic Forum and all the Build Back Better people tell you, it's going to be great. And you're not going to own anything. But you'll be happy. No, I will not. Because as long as I don't own it, then I live under somebody else's roof. My entire life will be under someone else's roof. And I have no intention of obeying those rules.

THE GLENN BECK PODCAST

Why Your Actions Matter More Than Words in the Eyes of God

Glenn Beck and Eric Metaxas expose the spiritual crisis gripping America’s churches — a moment they compare to Dietrich Bonhoeffer’s warning before World War II. As the culture descends into moral confusion, too many Christians retreat into silence, claiming faith while refusing to act. Together, they argue that true belief demands courage — that “faith without works is dead” — and warn that neutrality in the face of evil is itself a form of complicity.

Watch the FULL Interview HERE

Is Socialism replacing the American dream?

The American Dream used to mean freedom and the chance to build your own life through hard work, faith, and independence. But today, it’s been replaced by comfort, consumption, and debt. Glenn Beck breaks down how America traded liberty for lifestyle, why socialism is gaining ground, and what it will take to reclaim the real American Dream before it disappears for good.

Transcript

Below is a rush transcript that may contain errors

GLENN: I don't know if you saw the visualizing the American dream, Stu.

You know, what the American dream actually is, is that you can forge your own way.

You can -- you know, you can have a scrap of land, and grow your own food if up.

You can, you know, go to school. Not go to school.

You can find a job. If you're qualified for it, you have an equal chance of getting it, you know, based on merit.

But the percentage of Americans who say the American dream is retirement is 86 percent. Health care, 86 percent. Owning a home, 85. Raising two kids, 78. Owning a car, 72. Vacations, 71. Pets, 66. A wedding, 55 percent. That's the American dream, I can get married.

The American dream, if that's what you think, they've now estimated, the cost per household over the cost -- over the lifetime, retirement is $1.6 million. Owning a home now, 30-year mortgage, 20 percent you want to, is $957,594. Owning a car, buying and finance to begin with new cars every ten years is now $900,000 over your lifetime. Raising two kids to 18, plus four years of public college, $876,092. Two kids. Health care, over your lifetime, spending from ages 22 to 85, $414,000. Vacations, annual vacation from '22 to '85, $180,000. One dog and one cat for 11 to 13 years is $40,000!

That's more expensive than a wedding. The engagement ring, the ceremony, and the reception is now estimated to be $38,200.

There's a reason socialism is doing well. You look at that, and you're like, wow. I mean, if that's the American dream. And for a lot of people, that is the American dream!

That's not what the American dream is supposed to be, but, you know, once -- you know, once Woodrow Wilson and FDR got a hold of us and they started advertising, it became stuff instead of freedom. It became stuff. And, you know, when there's a new report out. Let me see if I have that.

There's a new report out now that shows, first time home buyers made up just 21 percent of the home purchases. That's the lowest on record.

The typical age of repeat buyers hit an all-time high of '62. The median downtowns, reaching 23 percent.

The highest since 2023.

And also, where is it?

The last one is -- the median age for first time home buyers, in 1981, it was 29 years old.

I'm sorry. Yeah. Twenty-nine years old. In 2021, it was 33 years old.

What is it this year?

Median age, first time homeowner, forty.

You're 40 before you can buy any kind of home. That puts these things that people want, dream about, out of reach, until you're 40?

You know, 29 is one thing. But if you're not seeing -- you're not seeing your life really kind of settling down until you're 40, I -- I can understand why you're like, you know what, this system doesn't work.

Because you've never seen it work. It's betrayed you.

Or so you've been sold. It's betrayed you.

And everything is being pushed out of your reach. And when you're young, the one thing you're not is patient.

And at 40, I can see why people are not, you know, yeah. Well, socialism is neat because capitalism isn't working. How would you respond to that?

STU: I mean, it's more lengthy than we have time for. But I would say that the response to, you know, you thinking that you want a home is not to embrace an ideology that murders 100 million people.

That's not -- that's not a good answer to the problem that you think you have.

GLENN: But they're not learning that anywhere.

They're not -- that is our responsibility! To teach those things. Because they're not learning it anywhere.

Glenn Beck Warns of 3 Economic Outcomes That Could Change EVERYTHING | Ep 467

Socialism is spreading fast among America’s youth, and the shocking election of Democratic Socialist Zohran Mamdani for mayor in New York City marks a major cultural and economic shift. Glenn exposes how runaway debt, record home prices, AI job disruption, and the collapsing stake in capitalism have led many Millennials and members of Gen Z to embrace socialism and communism. He reveals the three possible economic futures for 2026: two that are disastrous and one that could change everything if the Trump administration’s global financial overhaul succeeds. Plus, Justin Haskins, president of the Heartland Institute, joins to reveal some terrifying truths about why young Americans are embracing socialism from a poll he conducted with Rasmussen Reports.

Glenn Beck warns: We're already in World War III

"The world doesn't understand yet. We're already in World War III," Glenn Beck warns. "That foe is not China. That foe is militant Islam." Glenn explains the battle we're currently facing and what's to come if we don't wake up soon...

Transcript

Below is a rush transcript that may contain errors

GLENN: From New Jersey, it's Brian. Hello, Brian.

CALLER: Hello!

GLENN: Hey.

CALLER: Yeah. Thanks for taking the calls today.

GLENN: Sure.

CALLER: Yeah. I'm worried that we are headed towards another French Revolution-style because we have entire generations. Or actually people just not being heard by their representatives.

GLENN: Hmm.

CALLER: And it's not just here. It's around the world.

GLENN: Uh-huh.

I -- actually, I had scheduled for this time, I'll just do it some other time. Talking about what's happening in -- in England.

I think England is headed for a Civil War. And -- and it's very close.

I mean, you can't put 4,000 people. 4,000 people, in jail, or try them for hate crimes. And speech crimes.

You can't -- you can't do it. In England!

You can't do that in one year. And expect people to just put up with it!

You can't -- you know, we're -- we're -- America doesn't understand yet.

The world doesn't understand.

We're in World War III. We're already in World War III.

I don't know when it becomes a hot war. Or even a war that we on our side recognize. But we are in World War III. And that -- that foe is not China.

That foe is militant Islam, period. And, you know, when we have a situation to where people are -- when the government is just like, no. It's not a problem.

It's not a problem. You know. You've got illegals all over.

It's not a problem.

It's not a problem.

It is a problem. Don't tell me what -- what the problems are not!

Because we're the ones living it!

You're the experts, who keep telling us, no. It's going to work out fine.

And it doesn't work out fine. And it just gets worse and worse.

Oh. We can spend this money. No. It looks like we can't spend this money. Oh, we can afford this. No. It looks like we can't afford this.

You know, if we do this with Ukraine, it will work out fine. No, it didn't, did it? These endless wars, all of this stuff, don't tell me what the problem is. Listen to the people and start talking to the people. Honestly, this is the reason why I'm doing this today. I -- I need to hear from you.

I need to know what's on your mind, so I stay focused and -- and clear on what America is saying.

Because I don't think -- look, you know, me taking phone calls is -- is not a true representation of anything, but it does give me a sense of -- of where you are, as an audience. Maybe not as America, but as an audience. And there are lots of things that concern me. But I want to hear it from you.
But I think you're right! We're headed for real, real trouble. All you need is real economic trouble.

You start getting real, true economic trouble. 1930s kind of depression stuff. And we're in Civil War.

Dan, Oregon. Welcome!

CALLER: Hello, Glenn. How are you?

GLENN: I'm great!

CALLER: Yeah. Good. It's been a long time.

I guess it's been over ten years, since I've had a chance to talk with you. I was one of your first insiders. I was listening to you, since you were in Florida.

GLENN: Wow. Wow.

CALLER: So it's been a long -- yeah. It has been. And I can't say I've enjoyed all of it.
(laughter)

GLENN: Neither have I!

STU: I can't say that either, I'll be honest with you.

CALLER: You know, you were talking on yesterday's show, reminiscing with Stu about how you guys started. And I remember those old shows. And, you know, at the end of the -- the fusion of entertainment and enlightenment.

STU: Hmm.

GLENN: Right.

CALLER: And there was a lot more entertainment. I remember I laughed a lot.

GLENN: Oh, yeah. I know. I know. Those days are long dead.
(laughter)

STU: There's nothing to laugh about now.

CALLER: Yeah. I -- I'm 78. I still work 40 hours a week. I love my job.

GLENN: Good for you.

CALLER: Been married for 55 years. I have seven kids.

GLENN: Good for you.

CALLER: I've got a daughter -- I've got a daughter who is in her 40s. And she has severe TDS. She -- we don't -- I mean, we're not cutting each other off. She hasn't done that at all. We're still very close as a family. But she was down visiting the other day, and got into a conversation with my wife. And I wasn't in the room. But Kathy said it was just like listening to one of those young people out on the street that was being interviewed by the news media. And she was -- and she was in tears about it. My wife and my daughter both.

And, I mean, I love her, and I continue to support her. She's a single woman, not by choice. She just never found the right guy.

GLENN: Yeah.

CALLER: And I really think that's part of the problem. Because she started reading -- back when Trump was first running, she started reading all of this stuff about him being misogynistic and all of this stuff.

GLENN: Yeah. Yeah.

CALLER: And it's just gotten worse. I -- I'm at a loss. I really am. Because I -- like, I see the country doing better. I keep waiting for the other shoe to drop. But I still feel like that at least right now, we're doing better as a whole. But what do we do about -- what do we do about our kids about -- she went to Portland State University for the last two --

GLENN: Oh, jeez, for the love of --

CALLER: Well, yeah. For the last two years, she went to -- she went to a little college in Idaho called Ricks for the first two years, and Utah State.

GLENN: Oh, yeah.

CALLER: And then she served a mission for our church in Brazil and came home, but then she went to Portland State University. And it just seems to have gone downhill from there.

GLENN: Yeah. Yeah. So, Dan, I think you are suffering from the same thing that almost all parents are suffering from. If you're not suffering from this, then, I mean, God bless you. You know, get on your knees and thank God. Because you are a lucky, lucky family. Everybody has in their family. I have it in my family.

And you have to ask yourself, what is your goal?

My -- what is your goal with your daughter? Your real goal?

CALLER: My real goal is for us to be united eternally. That's my goal. That's my goal as a father and has been to teach her --

GLENN: And how -- and how is that going to happen with politics?

CALLER: We just stay together as a family regardless of what politics does.

GLENN: That's exactly right. Exactly right.

I think we're in a place now where as parents, you can ask your kids, but it has to be honest. It cannot be trying to win. It has to be honest. How did you get there?

I mean, I remember. You know, we've talked about this before. And you didn't believe that before. What has changed?

Can you help me with that?

I would like to see what you're reading, or what that was.

And just ask questions. But they have to be honest. They can't be, you know, because I'm setting you up. Because I want to change your mind.

But keep a dialogue open with them. And just love them!

Just love them!

Because if you do anything else, you're going to drive them away. And then they're really lost. So just love them.

CALLER: Oh, I know that. Glenn, when she was young -- when she was young, I considered her one of the elect. And the Scripture says, that in the last days, even the elect are going to be deceived. And that's what I'm seeing. But everything you've said, I -- I am doing. I'm doing it that way. Because I know --

GLENN: Okay. Good. Then you didn't need to -- I appreciate it. I'm so glad you called me. But you didn't need to -- my advice, you already have it down. You're a very wise man.