11/30/22: Recession Predictions and Kari Lake's "Fight"
The David Pakman Show
David Pakman
4.6 • 2.8K Ratings
🗓️ 30 November 2022
⏱️ 59 minutes
🧾️ Download transcript
Summary
-- On the Show:
-- We evaluate continued predictions that a massive recession is imminently coming to the United States
-- Former Arizona Republican Gubernatorial candidate Kari Lake says that she is still fighting for an election that she obviously lost to Katie Hobbs
-- New Zealand Prime Minister Jacinda Ardern explains to a reporter that her meeting with the Finnish Prime Minister has nothing to do with their age or gender
-- Georgia Republican Senate candidate Herschel Walker admitted that he doesn't actually live in Georgia in a newly highlighted audio recording
-- Former Vice President Mike Pence wants Donald Trump to "apologize" for meeting with white supremacist Nick Fuentes, among others
-- Republican Senate Minority Leader Mitch McConnell says that Donald Trump is now unelectable due to his meeting with white supremacists, but won't rule out voting for him in 2024
-- Failed former President Donald Trump is increasingly deranged, regularly posting all caps messages to Truth Social in the middle of the night
-- MyPillow CEO and founder Mike Lindell launches his campaign for RNC chairman with a bizarre rant
-- Deranged and weaponized voicemail caller leaves a bizarre message about "smelly Pelosi"
-- On the Bonus Show: NYC Mayor says city will treat mentally ill even if they refuse, Twitter is now having trouble paying some employees on time, England and Wales are now minority Christian countries, much more...
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Transcript
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| 0:00.0 | Let's start today with the economy. |
| 0:18.7 | Is a massive recession coming? |
| 0:21.9 | Is question one? |
| 0:23.8 | One two is if so or if not, what if anything should you or I or anybody else be doing |
| 0:31.5 | about it? |
| 0:32.5 | We're seeing increasingly hyperbolic predictions about just a massive global and American |
| 0:39.4 | recession coming. |
| 0:41.0 | Is one coming? |
| 0:42.0 | I have no idea. |
| 0:43.7 | If you're waiting for me to give my opinion, I have absolutely no idea whether a massive |
| 0:48.6 | recession is coming, but really neither does anybody else. |
| 0:51.8 | So let's talk through it and explain. |
| 0:54.0 | First of all, as a general reality, humans aren't good at making economic predictions, |
| 1:00.2 | which is just not good. |
| 1:01.9 | And secondly, when there are so many predictions floating around, someone is predicting everything. |
| 1:10.2 | Somebody is bound to be right just by chance. |
| 1:12.5 | So you've got all the people predicting a recession in a week and then in a month and |
| 1:16.1 | then in six months and over the next 12 to 18 months over the next two years or no recession, |
| 1:20.8 | that's all going to be great. |
| 1:22.5 | Somebody's bound to get it right just by chance and by the fact that we have 330 million |
| 1:27.0 | people in the United States, many of whom are making economic predictions. |
| 1:30.5 | That's number two. |
... |
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