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This is a rush transcript of "The Five" on October 12, 2022. This copy may not be in its final form and may be updated.

JESSE WATTERS, FOX NEWS HOST: Hello, everybody. I'm Jesse Watters, along with Judge Jeanine Pirro, Harold Ford, Jr., Dana Perino, and Greg Gutfeld. It's five o'clock in New York City and this is THE FIVE.

President Biden losing touch with reality with just 27 days to go until the midterms. After decimating American energy, letting inflation ramp up to record highs, allowing a historic flow of migrants to cross the border and unleashing a violent crime surge under his watch. Biden is delusional enough to think America loves what he's doing.

(BEGIN VIDEO CLIP)

JOE BIDEN, PRESIDENT OF THE UNITED STATES OF AMERICA: Look what I've gotten done. Name me a president in recent history has gotten as much done as I have in the first two years. Not a joke. You may not like what I got done, but the vast majority of American people do like what I got done. And so, I just, it's, it's a matter of can you do the job? And I believe I can do the job. I've been able to do the job. I've got more done.

(END VIDEO CLIP)

WATTERS: Not a joke. If Biden thinks he's so great, why are so many vulnerable Democrats afraid to be seen in public with the guy. And get this. Biden actually thinks the Republican Party has nothing to campaign on.

(BEGIN VIDEO CLIP)

BIDEN: What's the Republican platform to run? What are they running on? What are they for? The first thing they said they're going to do is get rid of the Inflation Reduction Act. And so, what's that do? They're going to raise drug prices, raise medical costs again, be sure that we're going to no longer be able to have the ability to have tax credits for weatherizing your homes, saving money?

JAKE TAPPER, HOST, CNN: Right.

BIDEN: I mean, I don't know what they're for.

(END VIDEO CLIP)

WATTERS: Even Bernie Sanders is begging Democrats to actually listen to the people who get them elected and focus on top polling issues that voters actually care about. A concept that Democrats just seem not to be able to grasp.

(BEGIN VIDEO CLIP)

SEN. BERNIE SANDERS (D-VT): I think the Supreme Court's decision was an outrage. It has to be an important issue in this campaign, but it cannot be the only issue. Poll after poll shows what everybody understands to be true. Working people are hurting. They're worried about the economy. They're worried about inflation.

(END VIDEO CLIP)

WATTERS: All right, so Joe Biden comes out and says, everybody loves what I've done. How is that going to play.

HAROLD FORD, JR., FOX NEWS CO-HOST: Well, it's good to be back.

WATTERS: Nah, it's good to be back here.

GREG GUTFELD, FOX NEWS CO-HOST: You can't say you agree with us because you're first.

FORD: I agree. I think I'm going to agree with a lot of where the table is going to go, but I do think, I do think that Biden -- Biden has done some things. I thought the best part of what he said there was, look, you may not agree with everything I've done, but the Inflation Reduction Act had a lot of energy incentives.

We should do more in energy. We should be drilling more here to increase our domestic supply, not only for ourselves, but even for allies around the globe.

The CHIPS Act which is going to allow us to make Javelins here and the conduct -- the semiconductors that go into that. That's a national security issue. Gun reform.

Who would've thought a Democrat with working with the Republicans in the House and the Senate could get a gun reform bill as he's been able to do an infrastructure. Some of the Republicans who voted against the infrastructure bill are now applying for money to have the infrastructure money brought to their district, which I think is a good thing. Even if you didn't vote for it, you ought to be able to help your constituents and help your districts.

Finally, I think he's right in one regard about what the Republicans are for. You look at what Rick Scott has released. He released a plan I think called renewal -- the renewal plan for America that McCarthy has the commitment to America.

When Newt Gingrich did this in '94 they all ran on a contract with America. If you look at some of the differences between the two, one raises taxes, one raises prescription drug prices. So, I do think, you know, Republicans have some explaining to do is you would say preferably in politics and we'll see if they're able to do it.

I think the best thing about all of this is Republicans, whether it's one or two things they're standing for, they at least have a moniker out there. And they have to defend that moniker if that's what they want to do. And Democrats have a moniker.

Where, you're right, Jesse, is that they're not probably half the Democrats want Biden there campaigning with them. They all want him to raise money, but not everyone wants him with them campaigning. We'll see how it works out in the next -- next three or four weeks.

But I know this. This race is tight in the Senate, 50 seats where what Republicans were supposed to win eight, 10 weeks ago. There's no doubt abortion and reproductive rights have narrowed that. I still think Republicans have an advantage in the House, but I think it's a jump ball in the Senate and we'll see what happens.

WATTERS: You know, Harold rattles off a bunch of things. They got passed. I mean, anybody can cook a lot of meals. But if people don't think it tastes very good, then so what?

JEANINE PIRRO, FOX NEWS CO-HOST: You know what it reminds me of when Joe says that everybody loves him? It's like if a -- if a girl breaks up with her boyfriend and she doesn't say anything bad about the boyfriend, you know, but she's broken up with him and she's onto a new guy. But the boyfriend keeps saying she loves me. She loves me. She only says good things about me. She still loves me.

No, she doesn't. She's onto the next guy, but that's like Joe Biden in this country.

WATTERS: Yes.

PIRRO: You know?

FORD: I agree with that.

PIRRO: They're like onto the next guy. But what I think that, I think that Bernie Sanders is smart, but Bernie Sanders always understood, I think the working people. He understands it's about the economy. He's smart enough to tell the Democrats that that's what you have to focus on.

And what the Republicans have to focus on is crime and the border. And every day I just see it and I just say it can't get any worse. It can't get any worse, but every day it does get worse. So, I think that, you know, Joe Biden is I don't think he's going to end up running in 2024, but I also think that the party is running from him more than are sticking with him.

WATTERS: Jeanine and Bernie Sanders both make great points, is that if you have the number one issue --

(CROSSTALK)

FORD: You don't think my --

WATTERS: -- by a mile, which is the economy. The Democrats don't even talk about the economy.

DANA PERINO, FOX NEWS CO-HOST: However, Bernie Sanders not that smart because --

PIRRO: Thanks.

PERINO: -- the bill that they gave, the bill that Biden passed was basically the blueprint from Bernie. And what did that result in? Increased inflation.

WATTERS: You're right. He always gets at of stuff.

PERINO: So, it's like what Bernie Sanders wants to do is to spend more money.

WATTERS: Yes.

PERINO: He wants, I think that's not, that's not very smart.

WATTERS: Good point. I take out what I said about him.

PERINO: Now but he is -- he is smart to be able to say, I'm not -- I'm not Biden, I would be different. You got to do this or that. And he tries to be both things, all things to all people.

WATTERS: Yes.

PERINO: But he's not. We actually know what he really is for, which is not what Americans are for. Biden's presidency is getting a one-star Yelp review, but he's looking at it saying, I'm -- I'm doing great. And I think when he gets his clips, because you used to call them clips, you know, like all the newspaper articles, they give him a folder in the morning.

It seems like they just put all the good stuff. Like the five articles that they can find that make things look really good. However, the other -- the other thing that's happening here is that a midterm election when you have one party rule, that means it's a check on one party rule, and it's a referendum on Biden. It's not a choice between Biden and Trump or whoever else.

So, people are going to say, well, what can the Republicans do? The number one thing the Republicans want to do if they take back the majority, is to stop bad things from happening. That's the number one job, and then they can start to talk about what they are for.

The House, if the Republicans take over, they're going to pass so many bills and Biden is going to ignore them. And you know what happens that night as soon as it's called, who has the majority in the Senate and who has the majority in the House, the first thing that happens is we're onto the 2024 election.

WATTERS: And last night, Greg, he said that he hasn't decided yet whether he's running or not.

GUTFELD: Yes. Well, he didn't know what they were talking about. When he says that Republicans have nothing to run on, he's wrong. They can run on him.

PERINO: Yes.

GUTFELD: And they could run on the Democrats who continued to deny that will claim that crime doesn't exist, that inflation is a mirage and that the border is secure. Their strategy is like a drug addict in an intervention. It's just I'm, well, nothing happening here.

Twenty twenty-two has been like a long exercise in denial. But the big story, one of the two big stories, Biden begged the Saudis not to cut oil production until days before the midterms.

PERINO: Yes.

GUTFELD: And why would he do that? It smells just like, I mean, it's a -- it's almost just like the hiding the laptop. It's like, here's a big problem, let's bury it, hide it, or delay it so it won't hurt us politically.

So, he didn't really care that the Americans were -- Americans were suffering at the gas pump. He just didn't want it to affect the Democrats. That's kind of sleazy. It sounds a lot like bearing the laptop to me.

And lastly, you know what's happening tomorrow is another January 6th hearing. And I dropped my pen.

PERINO: How about that?

GUTFELD: So, in the midst of this economic malaise, crime waves. We've got a war going on. It's like washing your windows as your house is on fire. Why are they doing this? I think that everybody who -- people should just not watch that hearing symbolically to say like, we've had enough of this crap. We've had enough of this circus. We've got real problems here. And none of them are political.

There are actually real personal family economic problems. We don't look at our problems politically the way you do. That's the problem. That's why I think Democrats are better on the outside and Republicans are better on the inside.

Like when the Republicans in power, they actually attack things that Americans want, like crime and like the border. Democrats are really good at attacking Republicans.

WATTERS: Yes, they are.

GUTFELD: So, keep them on the outside. That's the way it goes. It's like - - it's like a nice little.

WATTERS: A lot of analogies there.

GUTFELD: Yes, none of them made sense.

WATTERS: Are you -- are you going to be excited to watch the January 6th hearings tomorrow?

FORD: I probably won't watch them tomorrow, but I do think holding someone accountable for what happened that day is something that should be --

(CROSSTALK)

WATTERS: Do you think doing the January 6th hearings on the same days the inflation number drops, is good or bad politics?

FORD: Probably good politics.

WATTERS: You think it's good politics?

(CROSSTALK)

FORD: I'm going to go --

PERINO: Well, remember it got you late.

FORD: It's probably good school if we do that.

PERINO: They were supposed to -- but remember, Jesse, they were supposed to have this hearing two weeks ago, but then the hurricane happened. And they moved it so that they wouldn't get blown out on coverage.

GUTFELD: Literally.

WATTERS: Blown out. Very well done.

PERINO: Thank you.

WATTERS: A lot of good analogies around the table.

PIRRO: Yes.

WATTERS: Dating.

GUTFELD: Yes.

WATTERS: Yelp reviews.

GUTFELD: That's a great dress, by the way.

WATTERS: It is a great dress. We're going to talk a lot about that dress.

FORD: I agree with that too. That's a great dress.

WATTERS: OK, now she's getting uncomfortable. We're going to move on. Coming up next, Biden's migrant whipping hooks just got more scandalous. Damning new e-mails on what the White House knew before smearing the agents.

(COMMERCIAL BREAK)

FORD: Brand new details surrounding the now infamous whip gate controversy. We saw President Biden and others in administration falsely accusing border patrol agents of whipping Haitian migrants. It turns out it was just horse reins and those agents were later exonerated after an investigation.

But before the White House had all the facts, both President Biden and Vice President Harris were slamming the agents involved.

(BEGIN VIDEO CLIP)

BIDEN: To see people treat it like they did horses, really running them over, people being strapped. It's outrageous. I promise you those people will pay.

Link:
'The Five' on Biden's first two years, his claims about Republicans - Fox News