The Worst Case Scenario
Newsmax host Steve Cortes explains why America is headed for the â€œworst case scenarioâ€ financially.
â€œItâ€™s welcome back to the 1970s,â€ he said. â€œAnd I donâ€™t mean in the good way, disco music and satin shirts. I mean in the worst way: stagflation.â€
Cortes reports last Friday personal income fell 13 percent — the most in history. At a time when inflation is soaring.
â€œTwo decade record in prices going up while your incomes are crashing,â€ Cortes said. â€œThis is the worst case scenario for American citizens. Itâ€™s the worst of all worlds.
â€œThis is directly a consequence of Joe Biden,â€ 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.
â€œOnly the top 10 percent of earners gained in net worth during the Obama years,â€ Cortes said. â€œThe other 90 percent of America…became poorer.â€
Meanwhile, under President Trump the bottom earners gained the most.
â€œEveryone did well,â€ he said. â€œThe 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.â€
Plus, Cortes reveals why he supports a moratorium on legal immigration.
Whistleblower Dr. Yan Li-Meng reacts to more information coming out about the virusâ€™ origins in the Wuhan lab, and warns America to not fall for the CCPâ€™s information war.
â€œChinaâ€™s government knows covid-19 is their unrestricted bioweapon,â€ she said. â€œChina 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 donâ€™t know that the Chinese military was behind it.
â€œThat is the key part,â€ she said. â€œWe have to have people understand that.â€
â€œWe are actually in a war,â€ said Dr. Yan. â€œThis is not to scare you, this is not to make you panic, this is just the reality.
â€œThe lab accident is also part of that [information war],â€ 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.
What’s Next for MAGA
Steve Cortes discusses whatâ€™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 â€œbiggest missâ€ of Trumpâ€™s first term.
Watch: Steve Cortes Interviews President Trump