About this transcript: This is a full AI-generated transcript of Joe SLAMS Trump for downplaying affordability at Pennsylvania rally-style event from MS NOW, published June 24, 2026. The transcript contains 1,916 words with timestamps and was generated using Whisper AI.
"But also Iran, we knocked them out. One week it was essentially militarily over. Much bigger country, 91 million people. And much different ideology. The ideology of the Muslims is slightly different than the ideology of the Catholics. We have the Catholics and the Muslims slightly different. But..."
[0:00] But also Iran, we knocked them out. One week it was essentially militarily over.
[0:04] Much bigger country, 91 million people. And much different ideology. The ideology of the Muslims
[0:12] is slightly different than the ideology of the Catholics. We have the Catholics and the Muslims
[0:17] slightly different. But Venezuela's been great and Iran's been great. I mean, you know,
[0:23] if Iran's reasonable, they're smart. Otherwise we'll have to finish the job, which will take
[0:27] about maybe less than a week. Absolutely terrible on affordability. Remember I got here
[0:37] my first day, the fake news is screaming at me, what about affordability? I'm only here one day.
[0:44] Remember eggs were up about five times higher than they ever were. And we have prices are coming down
[0:51] right now at levels that you've never seen. And now with oil crashing, you're going to see something
[0:56] really amazing. Yeah. Okay. First of all, oil is coming down. Crisis not coming down.
[1:04] Inflation is higher today than it was when Joe Bundler's office. These are facts. Affordability,
[1:09] yeah. Inflation again, higher today. Access and cost of health care.
[1:15] Iran's been great. No, Iran's not been great. I could destroy them in less than a week. No,
[1:21] you actually, we haven't been able to quote destroy them over three months. In fact,
[1:27] we were capitulating to them, giving them $300 billion in war reparations, unfreezing funds,
[1:34] doing things that made Barack Obama's deal with the Iranians look like just like Reagan. Really,
[1:42] really tough. David Drucker, though, you have a new piece for Bloomberg titled Trump's economic
[1:49] economic pivot isn't coming. He's made that clear. And in it, you're right for Republicans
[1:53] in Congress who have been cleaning the hope that President Donald Trump might finally focus on the
[1:57] economy out of the midterms. Their time might better be spent searching for proof that the
[2:02] tooth fairy is real. Of course, the president could focus on more than one issue at a time. That
[2:07] goes with the job. But he still refuses to acknowledge any aspect of the economy as underperforming on
[2:13] matters related to affordability. And yesterday, as we were all tuning in, David, to Pennsylvania to
[2:19] see whether the president was able to do that, we heard a lot of bizarre stories, a lot of false
[2:24] claims. At one point, talking about a burly, muscular man whose wife didn't like him despite all of
[2:32] his muscles because his 401k was low. And then the 401k went up and he said, sir, all because of you. He
[2:40] said, well, that must be good. And then Donald Trump ended the story by saying, well, I don't think I
[2:45] like like her anymore anyway. So for Republicans in swing districts, not exactly the message they wanted
[2:54] to hear yesterday on affordability. Why can't he get there? Why is the sky blue? Listen, we've seen
[3:04] this now. I know there's a scientific answer, but my kids ask me this all the time. I'm like,
[3:10] I'm not really sure, Chuck, with God. I don't understand. All right. It's just blue. And that's
[3:14] the way it is. Look, this goes back a decade, right? I mean, I remember, you know, Trump's first
[3:21] couple of years in office during the first term. And occasionally it would appear as though he was
[3:26] pivoting away from unconventional, a very successful presidential candidate to a more
[3:31] normal functioning president. Right. And was this the pivot? Was his first address to the joint
[3:37] session of Congress the pivot? No. A couple of days later, he was accusing Barack Obama of spying on
[3:42] him. I remember he nominated Brett Kavanaugh for a seat on the Supreme Court and for a lot of Republicans
[3:48] that were hoping that he was pivoting to a more normal functioning conservative Republican. There
[3:53] was a lot of excitement. And about two weeks later, he said that he trusted Vladimir Putin more than
[3:59] the U.S. intelligence community. And so I think it became something of a punchline. And Donald Trump,
[4:05] you know, he's he's in many ways a complicated political figure, but a simple man. And he just is
[4:11] the way he is. And so he does not like to acknowledge when he is the incumbent, any problems with the
[4:18] country because they're all going to fall at his feet because, you know, we give presidents more
[4:23] blame and credit than they deserve. And that's the way it is when you're the incumbent president.
[4:27] And I will say this. He's been in office now more than a year as I was reporting on the
[4:32] administration and following voters for the first six to nine months of this second term.
[4:36] There were a lot of voters that were giving him time. You know, he did. I hate the word inherit
[4:41] because it's, you know, with all of these politicians, it's like they got a letter one day they
[4:45] weren't expecting said their long lost uncle left them a money pit and they inherited. What are they
[4:49] supposed to do? I mean, this is a job they wanted. They knew the conditions. But voters understood
[4:53] that the president came in and needed time to try and resurrect the economy and get prices under
[4:58] control. It's one of the big reasons they hired him in 2024. We've reached a point and voters always
[5:03] reach a point at some point after a president's been in office a while where they now are looking at
[5:09] him and saying, look, this is your gig, man. You did this. You wanted this job. We relied on you to fix
[5:15] things and you're not getting it done. And so his argument isn't with us. It's with the voters.
[5:21] But if the president has proven anything and if people have been paying attention,
[5:25] he does not pivot. He may acknowledge. And as I write in the piece, I think his effort in any way
[5:33] he possibly can to get out of the Iran war is a recognition that higher oil costs were exacerbating
[5:40] the problem of inflation. But an acknowledgment is not a pivot. And I wouldn't expect him
[5:46] based on history and a past is prologue and it always is President Trump to start focusing
[5:51] relentlessly on the economy versus saying this is all a democratic hoax. Everything is fine.
[5:57] Yeah. I mean, in the middle of this war, he infamously said, I don't care about people's
[6:01] financial situations when he was asked about the consequence of the Strait of Hormuz being closed
[6:05] and people's gas prices going up, said he didn't care about that. So he's kind of on the record.
[6:09] And you hear more of that when he says affordability is a hoax. I'm curious, David,
[6:13] though, as you travel the country talking to Republican voters, we always hear that, you know,
[6:18] there's some who are breaking, who are done with Trump. They're exhausted. They want to move on,
[6:22] turn the page from the show. And then they seem to, not all of them, but they seem to find their
[6:26] way back. But given the war, given the Epstein files, given the state of the economy, the MAGA base
[6:33] is going to stay with them. What's your sense of where sort of rank and file Republicans are sitting
[6:37] right now with Donald Trump? Look, I think rank and file Republicans are going to largely stick
[6:43] with the candidates that are running for office in midterm elections. The question is going to be,
[6:48] one, where do they fit in the coalition, right? How close are they? If we're looking at this
[6:54] coalition like a solar system, you know, how close are they to the sun, right? And the further they
[6:59] are, the further away they are from the center of gravity, the more chance for some frame, the more
[7:04] chance that they'll sit on their hands and not show up. It depends what the trigger will be.
[7:09] Maybe it'll be the economy. Maybe for some, it'll be the president's handling of the Iran war
[7:14] with this, you know, memorandum of understanding. I think we will, though, see, and we see this in
[7:22] midterm elections, usually, even when there's a route by one party where voters tend to come home
[7:28] at the end of the day and support their party, even if they have misgivings about the president,
[7:34] especially in these very polarized political times with such deep splits. But watch turnout,
[7:44] watch the different parts of the coalition, because you join the coalition, you're a part of
[7:50] the Republican Party for different reasons. And the further away you are from the president to begin
[7:53] with, the more likely you are to either not show up or to cross the aisle and vote for a Democrat.
[8:01] If it's the right kind of Democrat in a swing district, we're referencing New York with Kate
[8:06] Conley, a really good example there where you have a Democrat that could appeal to some swing and
[8:12] soft Republicans. And Elizabeth, it's not just theory. We have faces and names to these frustrations.
[8:19] Yesterday, MSNOW had a reporter talking to people in Redding, Pennsylvania ahead of that Trump event
[8:26] and heard from person after person disappointment about he's failed to keep his promises
[8:32] critically on prices. And that echoes what we have had in previous segments. We've had
[8:36] reporters in Ohio and Florida, other states almost saying the same thing, that we elected this guy more
[8:43] than anything else to bring prices down. He hasn't done that. And instead, he's focused on his own
[8:47] legacy. And he's focused on, you know, foreign military intervention, which he promised he
[8:52] wouldn't do. And while Trump's not on the ballot this fall, other Republicans are and certainly
[8:58] speak to us about their anxiety levels. High anxiety. And I agree with you that we have the
[9:03] same we have the same kind of reporting at The Times. People are telling us, you know, I've given
[9:07] up on him. I, you know, I thought he was going to do it. He hasn't done it. Look at what I'm paying.
[9:12] And I also think it's really striking, too, that he's not getting out very much. I mean, this was a new,
[9:16] you know, he's, he's not traveling the country very much. And we're not that far from the midterms.
[9:21] And, you know, maybe it's better for Republicans that he doesn't, because he certainly doesn't
[9:25] bring a winning message with him when he's saying that he doesn't care about people's financial
[9:29] situations. So they're very, they're very anxious. The polling shows that he's, you know,
[9:34] he's a 36 percent approval rating. He's down even among Republicans, which is quite striking.
[9:40] I can't remember what the numbers are, 70 percent, 80 percent. I mean, it's still high.
[9:43] But for a party that has really embraced him for a long time, it's very striking. I think
[9:48] he's wearing very, very thin. And he's not really, he's not meeting people where they
[9:53] are. I mean, it's interesting. Donald Trump always, he's a big salesman. He'll tell you
[9:58] that prices are the lowest they've ever been, hoping that people believe him. But they can't
[10:02] believe him anymore because they see what the prices are for gas and for, and for groceries.
[10:07] And if I say, So make sure I can't believe him.
[10:09] I don't want to believe him anymore.
[10:10] So make a difference.
[10:11] So make sure he's going to get a difference.
[10:12] Now he's going to be in the last 30-day.
[10:13] ة