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🗓️ 18 December 2025
⏱️ 55 minutes
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| 0:00.0 | blame the Biden administration for over and over again for the economy that how the economy is today. |
| 0:07.3 | From your perspective, when is it, when does it truly become cause and effect of Donald Trump on the economy? |
| 0:15.6 | Is it still, is there any, is there, does he have any footing to still blame Joe Biden for what American people are facing with the economy right now, Ken? |
| 0:24.5 | I mean, less and less. |
| 0:25.7 | So we're almost a year in. |
| 0:27.4 | So, yeah, that's the playbook to blame, you know, whoever was in office when you got there. |
| 0:32.8 | But, I mean, now it's his tariffs, the uncertainty, immigration being cut back. |
| 0:38.9 | The illegal immigration, yes, but legal immigration also. |
| 0:42.4 | I mean, I think a lot of these things will hurt over the longer run, |
| 0:45.4 | and he's sort of counting on animal spirits, AI, something to compensate. |
| 0:51.5 | I'm not sure that's going to happen. |
| 0:52.9 | I think the downsides ahead. |
| 0:55.0 | The number of the morning, the CPI, oh, maybe coming in a little bit better than expected. |
| 1:00.3 | 2.7%, a little light here. I'm not calling, I'm just reading the headlines here. |
| 1:05.5 | Year 27, X Food and Energy Core 26, so four-tenths off. That is a very good number here. |
| 1:13.4 | And it really, I have not looked at the internals. |
| 1:16.0 | I'll look at them now, but it suggests that the internals are good as well. |
| 1:20.3 | Let's see, you over a year over the last 12 months. |
| 1:22.3 | There is no month to month, but some guys will be able to calculate it. |
| 1:26.0 | It's a seasonally just index for all items, less food food and energy rose 0.2% over the two months. |
| 1:32.5 | So correct my math here, Michael Santoli, but 0.2 divided by 2 is 0.1. |
| 1:37.9 | Yeah. |
... |
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