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>> everyone drives a car. we always talk about heading into the election day. gas prices are near four-year highs. you can blame higher prices at the pump. they have been on the rise with sanctions on iran. iran is the fourth larger producer of oil. a fairly rosy picture, but this is something you don't hear people talking about in washington. the federal deficit. $779 billion this year. the highest in six years. typically deficits shrink in boom times, but this is huge new defense spending have the u.s. spending way more than it takes in. >> republicans control everything in washington and th...

A bit of context. the s&p 500 is up more than 300% since the 2009 low. that is the whole rally. look at the last end. that is the trump rally. latest rise is the tail end of the nine-year old bull market. almost everyone drives a car here and this is the economic indication for more people in america going to the polls today. gas prices near a four-year high. volatile oil prices are to blame and the global market. they have been on the rise thanks to sanctions on iran. iran is the fourth largest producer of oil. overall, this is a fairly rosy picture. let's look at one last chart. the federal ...

The s&p 500. the recent rise is the tail end of a nine year-old bull market. not all americans own stocks. but almost everyone drives a car. this is the economy indicator that matters. gas prices are near a four year high. you can blame a volatile energy crisis. blame higher prices for oil. for the higher price at the pump. that's really largely due to the oil sanctions on iran. those went into effect yesterday. and iran is the worlds fourth largest producer of oil. this number doesn't get enough attention. look at this one last chart. the federal deficit. $779 billion this year. the highest i...

Most objective americans would see that the country is better off than it was two years ago and they do not want to see the democrats, nancy pelosi, take power to bring chaos and gridlock to washington. they will try to impeach the president. they want to abolish i.c.e., that's the agency that stops drugs come down then coming into our country. plus $32 trillion tax increase to pay for it. that's why i think we've got a really good chance because history, although it's not our friend, we got a good record that can help combat that. >> bret: lesson quick, mr. speaker. i've covered you for a lon...

Fiscal responsibility? >> look, my problem right now is i don't think either party is a party of fiscal responsibility. >> you have republicans -- >> all right. that's a fair point. >> you foe whknow what i mean? >> yeah. >> you asked me what trumponomics is. >> you will not be able to make any progress on the deficit if you don't have that. he puts job in the economy and if we keep up this kind of strong economy, right now the deficit will start to fall as you have more people working. >> you moe the numbers. it is now $779 billion. it is up 15% -- 17% this year. >> sure. i'm not happy about ...