MSNBC's Joe Scarborough warned Republicans Tuesday not to overplay their hand as they regain the levers of power.
Republicans reclaimed congressional majorities last week and Donald Trump will return to the White House later this month. The "Morning Joe" host cautioned them against disruptive moves that could wreck a roaring economy and job market.
"I mean, you look at the numbers," Scarborough said. "... We've all seen this, we know how history goes. Four years from now, eight years from now, 20 years from now, when people are looking back at this administration, they'll say, 'Okay, so what happened in that election? Wait, wait, you had jobs at near record lows? You had America's economy outpacing the rest of the world? You had crime at 50-year lows, violent crime at 50-year lows?
"Don't get mad at me for saying that, y'all, get mad at the facts. If you don't like the facts, I mean, I can't help you, but crime is at 50-year lows, violent crime is, murders way down, drug overdose deaths going down precipitously. I could go on and on and on."
Then he warned that the GOP would find itself blamed it threw that away.
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"My biggest point is, Republicans, they need to be careful when they take control, they need to be careful because right now, they have an economy that's the envy of the world, and when you're sitting with a lead like that, you don't want to move too fast. You don't want to take radical chances," he said.
"I will just tell you, as a conservative — and I hope there are still conservatives in the House of Representatives — as a conservative, I'm very concerned about the fact we have a $36 trillion debt and Republicans are talking about blowing a hole wide open in that debt that will cause inflation to spike to numbers that we haven't seen since Paul Volcker was running the [Federal Reserve in the 1980s] and moved interest rates up to 21 percent because, at some point, that debt bomb is going to go off, and at some point, the rest of the world is going to say, 'Wait a second – you're $36 trillion in debt, and you're going to add $10 trillion more to the debt?' Like, those are the sort of things – and, of course, most economists would also say tariffs – those are the sort of things that are going to cause this economy to move from being the strongest in the world to possibly struggling like the rest of the world."
"I just hope that Republicans take care with what they're inheriting," he added. "They're never going to say Joe Biden has done a good job with the economy, but they know the numbers, they see the numbers, they know where Wall Street is. They know what happens if they screw this up and suddenly everybody's stocks start plummeting, everybody's 401(k)s start going, you know, through the floor.
"They need to be careful."
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