5/10/23: Inflation lowest in 2 years, Trump liable for sexual assault
The David Pakman Show
David Pakman
4.8 β’ 6.2K Ratings
ποΈ 10 May 2023
β±οΈ 60 minutes
ποΈ Recording | iTunes | RSS
π§ΎοΈ Download transcript
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| 0:00.0 | Let's start today with a very meaty, substantial discussion about the American economy. |
| 0:23.7 | The American economy has reached its lowest annual level in two years, and the right is coming |
| 0:30.9 | up with new ways to talk about how the economy is absolutely terrible. |
| 0:35.4 | That's the question we're going to address with real numbers today. |
| 0:38.6 | I recently reported to you on Monday, in fact, Monday of this week or three months ago. |
| 0:43.6 | I don't remember. |
| 0:44.6 | No, it was two days ago. |
| 0:46.0 | I told you about the better than expected jobs numbers that came out of April during |
| 0:52.5 | the Biden administration. |
| 0:54.0 | And I hesitate to give too much credit or blame on these issues in general to presidents |
| 0:58.7 | because they have to do with so many broader macro economic trends. |
| 1:02.2 | But everybody wants to make everything political, but let's not get ahead of ourselves. |
| 1:07.3 | Let's start with inflation and then we'll move on from there. |
| 1:11.3 | Consumer prices in April rise at slowest annual rate in two years. |
| 1:17.6 | Reminder. |
| 1:18.6 | Often when we see the inflation numbers from last month, they are actually the numbers |
| 1:26.3 | for the 12 month period ending last month. |
| 1:29.6 | So in May, we get the April 22 to April 23 numbers in June. |
| 1:36.2 | We will get the May 22 to May 23 numbers. |
| 1:39.7 | This is like a trailing 12 month period. |
| 1:42.2 | Consumer prices in April. |
| 1:43.6 | This is Yahoo Finance. |
... |
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