Bill O’Reilly’s No Spin News and Analysis - O'Reilly Update Morning Edition, August 23, 2024
Episode Date: August 23, 2024On this year’s Democratic platform... Learn more about your ad choices. Visit megaphone.fm/adchoices...
Transcript
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Bill O'Reilly here, and I'm warming up.
Stand by for the O'Reilly Update Morning Edition.
On this Friday, did you see the Democratic platform put forth at the convention in Chicago?
I didn't see it.
I don't think many people saw it.
It was issued, but the media did not report it.
Oh, I wonder why.
Perhaps, because it is the...
most radical political platform ever put forth in this country with the exception of pro-slavery
stuff before the civil war. Part of the platform is more than $2 trillion from what we have now,
more than $2 trillion in increased spending. Who on earth is going to pay for that? Well, if you're working, you will
pay for it and i certainly will and the corporations will they will pile on taxes at a record level
in modern times and that will lead to an enormous pullback in our economy because the inflation
rate under joe biden for essentials of life was more than 20 percent you're going to double that
if you raise taxes on corporations who will then pass those tax rises to consumers who buy their
stuff. That's what always happens. And that's the centerpiece of the Democratic platform.
No wonder the corporate media didn't report it. Back in a moment. Let's face it, the U.S.
economy is under stress. National debt rising, trade war, shaking the markets,
And meanwhile, China is dumping the dollar and stockpiling gold.
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That is the morning O'Reilly update. More analysis later on.