Episode 989 – Welcome Back to the 1970s … The Worst Case Scenario Biden Economy and the CCP’s Bioweapon

The Worst Case Scenario

Newsmax host Steve Cortes explains why America is headed for the “worst case scenario” financially.

“It’s welcome back to the 1970s,” he said. “And I don’t mean in the good way, disco music and satin shirts. I mean in the worst way: stagflation.”

Cortes reports last Friday personal income fell 13 percent — the most in history. At a time when inflation is soaring.

“Two decade record in prices going up while your incomes are crashing,” Cortes said. “This is the worst case scenario for American citizens. It’s the worst of all worlds.

“This is directly a consequence of Joe Biden,” he said. 

Watch: Cortes and Pellegrino on Newsmax

2019 vs. 2021

Steve Cortes breaks down the differences between the Trump and Biden record on the economy.

“Only the top 10 percent of earners gained in net worth during the Obama years,” Cortes said. “The other 90 percent of America…became poorer.”

Meanwhile, under President Trump the bottom earners gained the most.

“Everyone did well,” he said. “The strivers, the people who needed it the most they did the best in 2019, proving that economic nationalism works for those trying to climb the ladder.”

Plus, Cortes reveals why he supports a moratorium on legal immigration.

Follow @CortesSteve

CCP’s Bioweapon

Whistleblower Dr. Yan Li-Meng reacts to more information coming out about the virus’ origins in the Wuhan lab, and warns America to not fall for the CCP’s information war.

“China’s government knows covid-19 is their unrestricted bioweapon,” she said. “China is still using misinformation to cover it up.

Dr. Yan said while more people are starting to realize the virus came from the Wuhan lab, most don’t know that the Chinese military was behind it.

“That is the key part,” she said. “We have to have people understand that.” 

“We are actually in a war,” said Dr. Yan. “This is not to scare you, this is not to make you panic, this is just the reality. 

“The lab accident is also part of that [information war],” she said.

Plus, Dr. Yan says not only should Dr. Fauci answer for funding gain of function research in Wuhan, but for blocking effective treatments like hydroxychloroquine.

Follow @DrLiMengYAN1

What’s Next for MAGA

Steve Cortes discusses what’s next for the MAGA movement and how to not wallow in despondency.

Plus, Cortes reveals behind the scenes of his interview with President Trump, and why he pressed him on Big Tech, which he calls the “biggest miss” of Trump’s first term.

Watch: Steve Cortes Interviews President Trump