Inflation Hits 39-year High
The Lead with Jake Tapper
CNN
3.5 • 1.7K Ratings
🗓️ 10 December 2021
⏱️ 39 minutes
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| 0:00.0 | For the leave of Pamela Brown in for Jake Tapper, the last time this happened, Thriller |
| 0:06.5 | was a brand new hit, the lead starts right now. |
| 0:10.6 | The pandemic error price hiked squeezing your budget with the key economic number at a |
| 0:14.9 | level not seen in almost four decades, but there may be some relief in sight. |
| 0:20.8 | Plus, the Supreme Court doesn't block Texas's restrictive abortion law, but it will allow |
| 0:26.3 | legal challenges to proceed, and now President Biden is reacting. |
| 0:32.1 | And rising hypocrisy, a look at the Republican lawmakers blocking efforts to fix flooding |
| 0:37.4 | problems as the sea swallows hearts of their districts. |
| 0:46.2 | Welcome to the lead on Pamela Brown in for Jake Tapper today, and we start with our |
| 0:49.9 | money lead and an economic record the United States did not want to hit. |
| 0:54.4 | Get it out today shows a key measure of inflation climbed to a 39 year high last month. |
| 1:00.7 | Simply put, Americans are paying a lot more for everyday goods than they were at this |
| 1:04.6 | time last year. |
| 1:06.3 | Gasoline prices up 58.1%, energy costs, 33.3% higher, and groceries, an increase of 6.4%. |
| 1:17.3 | President Biden this afternoon saying he thinks we're at the peak of the crisis right now, |
| 1:21.0 | and that lower prices are on the way. |
| 1:23.7 | The CNN's film Maddenly reports this new data creates a major roadblock for the rest |
| 1:28.6 | of the president's economic agenda. |
| 1:32.2 | Every other aspect of the economy is racing ahead. |
| 1:34.6 | It's doing incredibly well. |
| 1:37.2 | President Biden trying to highlight the positive as a complicated picture of the economy emerges. |
| 1:43.2 | But inflation is affecting people's lives. |
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