He's not wrong.

[BannonsLiver]

13. I think a lot of what happens 4 years from now is hard to project.

I’m talking about the impact of his policies. But I’ll take a stab at it. I expect once he takes office there will be a sugar high and he’ll coast off Biden’s economy for a year or so.
Then the policies will start to take effect. People will be paying 30-40 percent more for phones and TVs. I expect food prices will be higher. I expect that the gutting of the FDA will lead to mass health crisis like outbreaks of food borne illnesses that will kill a lot of people.
That’s just the stuff that can be projected now. There will be innumerable crisis beyond those things. But to your point they are absolutely going to implement as many aspects of P2025 as they possibly can. I think many of those will be deeply unpopular. The question for the mid terms and 2028 is how the pendulum will swing? I’m sort of the belief that we’re in a loop and it’s going to swing back and forth from cycle to cycle. I’m not sure we’ll see another 2 term president. That’s not necessarily a good thing. It reflects broad instability of what is a crumbling empire.