Ep. 1432 - The Coming Biden Recession
The Ben Shapiro Show
The Daily Wire
4.4 • 152.4K Ratings
🗓️ 11 February 2022
⏱️ 48 minutes
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| 0:00.0 | inflation pops to a 40-year high as Joe Biden threatens further spending. |
| 0:04.0 | The left keeps attacking the freedom convoy and Russia continues Ukrainian invasion preparations. |
| 0:08.7 | I'm Ben Shapiro. This is The Ben Shapiro Show. |
| 0:16.1 | Today's show is sponsored by ExpressVPN. |
| 0:18.6 | Thousands of my listeners have already secured their network data. |
| 0:21.0 | Join them at ExpressVPN.com. Slash Ben, we'll get to all of the economic news in just one moment first. I ever stop to wonder why Internet access is so much cheaper than it used to be, like 30, 40 bucks a month cheaper? Well, that's because ISPs are monetizing you in another way. And you didn't give them permission to do that. They are taking all your data, and then they are selling off all your data to advertisers. |
| 0:40.6 | And that's a problem. are monetizing you in another way. And you didn't give them permission to do that. They are taking all your data, |
| 0:38.1 | and then they are selling off all your data to advertisers. And that's a problem for you, because it means that your data is not confidential the way that you think it is. What is the best way to make sure that 100% of your data is encrypted? And that your ISP can't get a hold of it? Glad you asked. The answer is ExpressVPN. ExpressVPN creates a secure tunnel between all your devices and the internet, so everything you do online is encrypted. It reroute your connection through a secure server, which blocks your ISP from seeing everything you do online. All they can see is that you're connected to an ExpressVPN server. They can't see anything beyond that. It's not just for your phone or computer. ExpressVPN works on all your devices. It works on tablets, smart TVs, even your router, so your entire family can always stay protected. And I can't stress this enough. ExpressVPN is really simple to use. Just to open up the app, you tap one button to connect, and that's all the things. Your data is your business protected at expressvPN.com slash Ben. Visit ExpressVPN.com slash Ben to get three extra months of express VPN protection for free. I've been using ExpressVPN myself for years. That's EXPR, ESSvPN.com slash Ben to learn more. All the news for Joe Biden at this moment continues to not be very good. Despite a very good employment report that came out just last week, inflation is threatening to rear its ugly head. And when I say threatening, I mean it's here. The stock futures are already pointing to more losses amid surging inflation, according to the Wall Street Journal. U.S. stock futures fell and bond yields largely rose, suggesting the volatility driven by higher than expected inflation data would extend into a second day. Futures tied to the S&P 500 declined 0.6% on Friday, suggesting the broad index is set to fall further after it closed down |
| 2:05.9 | 1.8% on Thursday in pre-market trading. Zillow rose 13% because it reported to jump on revenue |
| 2:12.1 | for its core unit. However, some major tech stocks edged down pre-market, including Netflix, |
| 2:16.7 | which lost 1.3% in a video down 1%. |
| 2:20.4 | Stocks have been very choppy this week. The reason that stocks have been choppy, of course, |
| 2:23.8 | is because these inflation statistics underscore the challenges the United States economy is about to face, |
| 2:28.9 | because either the Federal Reserve is going to have to pretty dramatically raise interest rates, |
| 2:32.5 | or this inflation is going to continue. |
| 2:34.5 | And if they dramatically raise inflation rates, you're going to get less investment. And if you get |
| 2:38.0 | less investment, you're going to get less return on investment. And it's pretty much that simple. |
| 2:43.4 | Either you're going to get more inflation or you are probably going to tip over into a reception. |
| 2:47.5 | There's also the possibility of both, considering Joe Biden's garbage regulatory |
| 2:51.4 | policy. We'll get to that in a moment. There's a reason why Joe Biden is completely collapsing in the polls. |
| 2:56.5 | There's a brand new poll from CNN. Nearly six in ten, 58% of Americans say they disapprove. |
| 3:03.5 | On the question, what has President Biden done for you? 56% of Americans say nothing. |
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