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The David Pakman Show

6/13/23: Trump arrest TODAY, inflation hits 2 year low

The David Pakman Show

David Pakman

News, Politics

4.8 β€’ 6.2K Ratings

πŸ—“οΈ 13 June 2023

⏱️ 65 minutes

🧾️ Download transcript

Summary

-- On the Show: -- Reece Peck, Associate Professor at the City University of New York and author of the book "Fox Populism: Branding Conservatism as Working Class," joins David to discuss the right wing's dominance of messaging, media, rhetoric, and more. Get the book: https://amzn.to/43T7ysL -- Inflation drops to its lowest level in two years, bottoming out at 4% over the last 12 months, but Republicans are still complaining -- Democratic California Governor Gavin Newsom appears on Fox News' Hannity program and absolutely destroys Hannity's flaccid right wing talking points -- 2024 Republican candidate and former Governor Chris Christie brutally crushes Trump and MAGA in a CNN town hall hosted by Anderson Cooper -- Failed former President Donald Trump is struggling to find lawyers just hours before his arrest today in Miami, Florida -- Republican Kevin McCarthy defends Donald Trump's storage of classified documents in his bathroom -- MAGA-world melts down over Donald Trump's arrest in Miami, Florida today, even going as far as to threaten violence -- Donald Trump's own former Chief-of-Staff Mick Mulvaney predicts prison time for Trump -- Voicemail caller asks about raising children bilingual, and David explains his approach as a father -- On the Bonus Show: Student loan payments will be due starting in October, Illinois law bans the banning of books, "dead' woman found breathing at own funeral, much more... πŸ¦› Happy Hippo: Use code PAKMAN for 20% off at https://happyhippo.com/pakman 🏠 Watch David's "Replace Your Mortgage" interview at https://replaceyouruniversity.com/pakman πŸ’» Get Private Internet Access for 83% OFF + 4 months free at https://www.piavpn.com/David 🌳 Use code PAKMAN for 20% off HoldOn plant-based bags at https://holdonbags.com/pakman πŸ–ΌοΈ Aura Frames: Code PAKMAN for $30 off + free shipping at https://auraframes.com/pakman πŸ›Œ Helix Sleep: Get 20% OFF a mattress + 2 free pillows. Go to https://helixsleep.com/pakman -- Become a Supporter: http://www.davidpakman.com/membership -- Subscribe on YouTube: http://www.youtube.com/thedavidpakmanshow -- Subscribe to Pakman Live: https://www.youtube.com/pakmanlive -- Follow us on Twitter: http://twitter.com/davidpakmanshow -- Like us on Facebook: http://www.facebook.com/davidpakmanshow -- Leave us a message at The David Pakman Show Voicemail Line (219)-2DAVIDP Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

Yes, Donald Trump is getting arrested later, but we start today with economic news.

0:20.4

We'll get to the Trump stuff.

0:22.3

We'll have time to discuss it tomorrow.

0:24.1

Let's start with economic news.

0:26.9

Biden has now dropped to its lowest point in two years.

0:33.2

And as you all know, I don't like to play politics with these economic indicators.

0:38.4

I don't play politics with debt and deficit.

0:41.3

We have to look at it for what it is.

0:44.2

And if you do that, you will then have no choice but to laugh at the way that Fox News

0:49.9

covered this.

0:51.4

Yahoo Finance reports inflation consumer prices in May.

0:56.8

Rose at slowest annual rate since April of 2021.

1:02.1

That's in fact more than two years.

1:04.3

It's 25 almost 26 months.

1:06.9

The consumer price index revealed headline inflation rose 0.1 percent over the last month

1:13.6

and 4% over the prior year in May.

1:18.1

A slowdown from April 0.4 percent month over month increase and 4.9 percent annual gain.

1:25.3

Both measures roughly in line with economist forecast.

1:28.0

So we have a chart that you can see.

1:30.0

And of course, you see this massive inflation spike that started right when COVID started

1:36.2

essentially.

1:37.2

It has now come down to levels that are still higher than what the US has seen, but are

...

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