WELCOME BACK.

LET'S BRING IN NEWT

GINGRICH, FORMINGER SPEAKER

OF THE HOUSE, FOX NEWS

CONTRIBUTOR.

HE WRITES A FREE NEWSLETTER

AVAILABLE AT GINGRICH

360.COM.

IT'S AVAILABLE RIGHT NOW.

NEWT, GOOD MORNING TO YOU.

>> GOOD MORNING.

STEVE: I'M SURE YOU WERE

WATCHING A LOT OF TELEVISION

OVER THE LAST COUPLE OF

DAYS.

THERE HAS BEEN A LOT OF

REPORTING HOW IT LOOKS LIKE

WE ARE AIMING FOR A

RECESSION BECAUSE THERE WAS

INVERTED YIELD CURVE THING

AND TRADE WAR WITH CHINA.

WHAT DO YOU MAKE OF IT?

>> WELL, LOOK, I THINK EVERY

LEFT WING REPORTER IN THE

COUNTRY AND EVERY DEMOCRATIC

PRESIDENTIAL CANDIDATE IS

DESPERATE FOR A RECESSION.

IT'S KIND OF WEIRD.

YOU KNOW, THEY ARE RUNNING

TO BE PRESIDENT IN THE HOPES

THAT MORE AMERICANS WILL BE

UNEMPLOYED.

AND SO, ANY INDICATOR OF ANY

KIND THAT GIVES THEM AN

EXCUSE TO SAY OH THE

RECESSION IS ON THE WAY,

JUST MAKES THEM FEEL GOOD.

NOW, THE FACT IS THAT THE

PRESIDENT'S POLICIES ARE

WORKING OVERALL.

THAT THE DECLINE, FOR

EXAMPLE, IN THE COST OF OIL

AND GAS AND NATURAL GAS IS

THE EQUIVALENT OF BIG TAX

CUT.

AND THAT WE ARE GOING

THROUGH A LOT OF CHANGES.

AND THE CHANGES IN A

FREQUENT, YOU GET TURMOIL.

YOU GET SOMEBODY INEVENTS

APPLE.

SOMEBODY INEVENTS A

COMPUTER.

SOMEBODY INEVENTS A NEW

DRUG.

SO A LOT OF CHURNING, SO

FAR, AT LEAST, WE ARE

PROBABLY THE HEALTHIEST

ECONOMY ON THE PLANET.

AND WE ARE MORE LIKELY TO

AVOID A RECESSION THAN ANY

OTHER COUNTRY IN THE WORLD.

GRIFF: ASK YOU ABOUT THE

"NEW YORK TIMES" MAGAZINE.

CRUSADE REFRAME AMERICA AS

DEFINED BY SLAVERY AND

RACISM.

HERE'S THE HEADLINE I WANT

TO SHOW IT TO YOU.

THE 1619 PROJECT AND THE

QUOTE INSIDE SAYS Q IT AIMS

TO REFRAME THE COUNTRY'S

HISTORY, UNDERSTANDING 1619

AS OUR TRUE FOUNDING AND

PLACING THE CONSEQUENCES OF

SLAVERY AND THE

CONTRIBUTIONS OF BLACK

AMERICANS AT THE VERY CENTER

OF THE STORY TELL US WHO

WE'RE.

YOU ARE A HISTORIAN.

YOUR REACTION?

>> YEAH, THE WHOLE PROJECT

IS A LIE.

LOOK, I THINK SLAVERY A

TERRIBLE THING.

I THINK PUTTING SLAVERY IN

CONTEXT IS IMPORTANT.

WE STILL HAVE SLAVERY IN

PLACES AROUND THE WORLD

TODAY SO, WE RECOGNIZE THIS

IS AN ONGOING STORY.

I THINK CERTAINLY IF YOU ARE

AN AFRICAN-AMERICAN, SLAVERY

IS AT THE CENTER OF WHAT YOU

SEES A THE AMERICAN

EXPERIENCE.

BUT, FOR MOST AMERICANS,

MOST OF THE TIME, THERE WERE

A LOT OF OTHER THINGS GOING

ON.

THERE WERE SEVERAL HUNDRED

THOUSAND WHITE AMERICANS WHO

DIED IN THE CIVIL WAR IN

ORDER TO FREE THE SLAVES.

THE FACT IS THAT I SAW ONE

REFERENCE THAT THE "NEW YORK

TIMES" CLAIMS THAT THE

AMERICAN REVOLUTION WAS

CAUSED IN PART TO DEFEND

SLAVERY.

THAT IS SUCH HISTORICALLY

FACTUALLY FALSE NONSENSE

THAT IT'S EMBARRASSING THAT

THE "NEW YORK TIMES" IS

DOING.

THIS BUT, IF YOU SAW THE

RECENT LEAKED INTERVIEW,

TOWN HALL MEETING WITH THE

"NEW YORK TIMES" EDITOR, HE

BASICALLY SAID, LOOK, WE

BLEW IT ON RUSSIAN

COLLUSION, DIDN'T WORK.

NOW WE ARE GOING TO GO TO

RACISM, THAT'S OUR NEW

MODEL.

THE NEXT TWO YEARS WILL BE

TRUMP AND RACISM.

THIS IS A TRAGIC DECLINE OF