4.9 • 773 Ratings
🗓️ 13 August 2025
⏱️ 23 minutes
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0:00.0 | It's Wednesday, August 13th, 2025, a steady-eddy economy. The White House gives the D.C. homeless |
0:05.6 | population a choice and why I don't think computer programmers need to fear AI just yet. |
0:11.0 | Next on the AM update. |
0:16.8 | Well, new inflation numbers came in yesterday. Some beating expectations, some surpassing expectations. |
0:23.2 | The White House says it's looking pretty good. |
0:25.8 | We continue to see positive economic reports across the board. |
0:29.7 | Today's CPI report revealed that inflation beat market expectations once again, and inflation |
0:35.6 | remains stable. |
0:36.8 | White House Press Secretary Caroline Levitt, whom we'll hear from in just a little bit. |
0:41.3 | Treasury Secretary Scott Besson says there's no demonstrable negative impact from tariffs, even though they've been around now for months. |
0:48.3 | Here he is on Fox News. |
0:49.3 | Just on the tariff income, I've been saying 300 billion, but I think we're going to have to substantially |
0:55.7 | revise that up, so well in excess, 1% of GDP. |
1:00.7 | And then with the new investments, they're the sovereign investments that we talk about. |
1:06.2 | But then, in terms of the committed investment by private industry, we're well over 10 trillion. |
1:13.8 | The White House and others close to the White House continue to tout the fact, or the claim anyway, |
1:19.3 | that it's not the American consumer that's paying for tariffs. |
1:22.2 | It's largely foreign governance and foreign corporations. |
1:25.8 | Well, this continues to nominate the news cycle, |
1:28.3 | the D.C. Home Rule Act. Here is Press Secretary Caroline Levitt once more, who says they're |
1:34.0 | already making tons of arrests. Yesterday, President Trump took bold action to finally restore |
1:39.7 | law and order right here in our nation's capital. The president declared a crime emergency in the |
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