Bannon`s War Room Episode 4705: Taking Back The Culture; Smithsonians Systematic Process Of Telling The Story Of America Through Oppression
Aug 14, 2025
Guests Joe LaVarnier, an economic policy expert, and Roger Kimball, editor at The New Criterion, dive into the complexities of America's cultural narrative and economic landscape. They unpack the rise in inflation and spending behaviors, while debating the political agendas shaping institutions like the Smithsonian. The conversation critiques the portrayal of America's history, suggesting that a more balanced narrative is needed. With discussions on strategic political maneuvers and financial strategies, they highlight the urgency for accountability and transformational action.
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Services Drive Recent Inflation Move
- Treasury says recent PPI rise was concentrated in services, not consumer goods, reducing immediate pass-through risk to households.
- Joe LaVarnier notes record tariff receipts haven't produced expected consumer price increases so far.
Tariffs Not Passing Through To Consumers
- Despite nearly $30B per month in tariff revenue since April, consumer goods prices haven't risen materially through July.
- LaVarnier treats further pass-through as possible but increasingly unlikely given the data so far.
Tackle Deficits To Fight Inflation
- Address deficit spending to reduce inflationary pressure and restore fiscal sustainability.
- Use rescissions, impoundments, and restraint on omnibus spending to bend deficits toward 3–3.5% of GDP.
