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Newt's World

Episode 711: The True Cost of Inflation

Newt's World

Gingrich 360

News, Politics

4.66.4K Ratings

🗓️ 16 June 2024

⏱️ 38 minutes

🧾️ Download transcript

Summary

Newt talks with Dr. Vance Ginn, former Chief Economist for the Office of Management and Budget (OMB). They discuss the current state of the U.S. economy, including the negative impact of inflation, with the cost of groceries and gas being a top concern for many Americans. He also noted that housing affordability is a crucial factor for 91% of Gen Z when choosing the next president. Dr. Ginn criticized the Biden administration's economic policies, arguing that they have led to high inflation and a weak economy. He also calls for reforms to the Federal Deposit Insurance Corporation (FDIC) and a reduction in government spending and regulation.

See omnystudio.com/listener for privacy information.

Transcript

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0:00.0

From LinkedIn News, I'm Jesse Hemphill, host of the Hello Monday podcast. In my 20s, I knew what career success looked like. In midlife, it's not that simple.

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Work is changing, we are changing, and there's no guidebook for how to make sense of it.

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Start your week with the Hello Monday podcast.

0:22.0

Listen to Hello Monday on the I Heart Radio app, Apple Podcasts, or wherever you get your

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podcasts.

0:28.0

From LinkedIn News, I'm Leah Smart, host of Everyday Better, an award-winning

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weekly podcast dedicated to personal development. Whether you're looking for ways to

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shift your mindset or seeking more fulfillment in your life, we've got you covered.

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Join me as we dive into

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captivating stories and research-backed ideas that have empowered me and others

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to lead lives with more clarity and intention. Every day better, making growth and

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everyday practice.

0:53.4

Listen to everyday better on the I-Heart radio app, Apple Podcast, or wherever you get your podcasts.

0:58.5

You may know Jackson Pollack, the painter famous for his iconic drip paintings.

1:03.0

But what do you know about his wife,

1:05.0

artist Lee Krasna?

1:07.0

On death of an artist, Krasna and Pollack,

1:10.0

the story of the artist who reset the market for American abstract painting, just maybe not the one you're thinking of.

1:17.6

Listen to Death of an artist, Krasna and Pollack on the I-Heart radio app, Apple Podcasts, or wherever you listen to podcasts. On this episode of New Twerl, Gallup's Economic Confidence Index registered

1:37.9

negative 34 in May, reflecting further deterioration in how Americans assess the economy's current state.

1:46.8

And according to the Pew Research Center, the number one issue in their recent June poll is inflation with the cost of groceries and gas a top

1:56.5

concern for many Americans. In a recent survey by Redfin, 91% of 18 to 27 year olds, also known as Gen Z, consider housing affordability

...

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