7/12/23: DeSantis failing, Christie punding Trump as inflation declines massively
The David Pakman Show
David Pakman
4.8 β’ 6.2K Ratings
ποΈ 12 July 2023
β±οΈ 62 minutes
ποΈ Recording | iTunes | RSS
π§ΎοΈ Download transcript
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| 0:00.0 | My favorite way to enjoy the nice summer weather is on my electric bike from our sponsor |
| 0:06.5 | Electric eBikes. |
| 0:08.1 | It's super fun. |
| 0:09.1 | You can go up to 28 miles an hour with tons of torque, fully foldable for easy storage, |
| 0:15.5 | ships fully assembled and they have affordable financing. |
| 0:18.7 | Go to LEC TRIC ebikes.com. |
| 0:23.2 | The link is in the podcast notes. |
| 0:30.0 | I have no choice but to admit that we have a remarkable economic situation right now. |
| 0:50.2 | The situation is not that we will never again have a recession. |
| 0:53.8 | In fact, we almost certainly will unless something changes permanently about the type of economy |
| 0:58.8 | that we have at some point, there will be a recession or worse because that's the way |
| 1:03.5 | that things have worked for a very long time. |
| 1:06.6 | But when we look at the latest inflation numbers and we look at all of the other data that |
| 1:11.6 | we have, it is quite an extraordinary situation. |
| 1:14.4 | We have new inflation numbers out today. |
| 1:16.6 | It's July. |
| 1:17.6 | So the numbers are from June and for the 12 month period ending in June of 2023. |
| 1:24.0 | And year over year inflation is down to 3%. |
| 1:30.1 | 3%. |
| 1:31.3 | I have been talking about for over a year now, I've been saying I believe that by August |
| 1:36.8 | of 23, inflation will be down to the low fours or the high threes, which would be a dramatic |
| 1:44.1 | improvement from where it was a year and a half ago. |
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