Dr. Peter Navarro
๐ค SpeakerAppearances Over Time
Podcast Appearances
So if you scale that up to the 20 million illegals that he brought in, that's a 20% national increase, Steve, a 20% increase from illegal immigration in housing costs and rents.
It's worse than that because a lot of that's focused in the blue states and sanctuary cities.
So you get places like New York experiencing these hyper increases in rents.
And then you get a guy like Mamdami coming in and ironically and perversely trying to leverage that crisis into getting elected.
And see, that there is the microcosm of what we've got to fight against.
Because what you've got to remind people is, first of all, they caused it with their illegal immigration.
There's cause and effect there.
We're fixing it by sealing the border.
But the other part of the puzzle here is that a lot of the inflation we're fighting, it's not an on-off switch like a light.
It's more like an aircraft carrier that you've got to turn around very slowly.
So we are engaged in all of that.
If you look at, for example, food prices, very interesting.
Chicken versus beef.
Egg prices were literally off the charts.
You couldn't even have a chart historically to chart egg prices.
And it was the result, among other things, of Joe Biden's great chicken slaughter.
He literally killed 80 million chickens in an overreaction to an avian flu.
Hey, we've been able to solve that very quickly because it only takes 45 days from hatching to getting a broiler in a supermarket.
So that one was like so we've been actually able to.