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3 Martini Lunch – Political Humor & Commentary

Inflation Sticking Around, The Media's Fetterman Facade, Questionable Quinnipiac Polls

3 Martini Lunch – Political Humor & Commentary

Radio America

Government, News, News Commentary

4.61.5K Ratings

🗓️ 12 October 2022

⏱️ 26 minutes

🧾️ Download transcript

Summary

Join Jim and Greg as they wince over the larger-than-expected jump in the Producer Price Index in September and brace for the consumer inflation numbers tomorrow. They also discuss Jim's in-depth reporting on Pennsylvania Senate candidate John Fetterman and the media that have coddled him for many years. And they shake their heads as the Quinnipiac Poll, which was spectacularly wrong at times in 2020, shows not only Sen. Warnock growing his lead over Herschel Walker but Brian Kemp and Stacey Abrams in an alleged dead heat in the governor's race.

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Transcript

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0:00.0

Try to get across and slice it just wider the post.

0:05.0

How have they done enough?

0:07.0

Can they pull it out the bag?

0:09.0

Does the ref have a clue?

0:11.0

When you're shouting at the screen, blow your whistle!

0:16.0

There's no feeling like live TV.

0:19.0

However you watch, a TV licence is your must-have pass to over 400 live TV channels

0:25.0

and it also funds the BBC, such TV licence.

0:31.0

Welcome to the Three Martini Lunch.

0:35.0

Grab a stool next to Greg Corumbas of Radio America and Jim Garrity of National Review.

0:40.0

Three Martini's coming up.

0:43.0

Hey, really glad you're with us for the Wednesday edition of the Three Martini Lunch.

0:48.0

We have no good martinis for you today.

0:51.0

We do have a bad, a bad slash crazy, and then one that's just crazy.

0:56.0

So let's start with the actual bad and Jim the consumer inflation numbers will come out tomorrow.

1:03.0

But given what we're seeing in the producer price index, there's not a lot of reason for optimism.

1:09.0

The Bureau of Labor Statistics report today says, quote,

1:12.0

the producer price index for final demand increased 0.4% in September seasonally adjusted.

1:19.0

Prices for final demand less foods, energy, and trade services advanced 0.4%.

1:24.0

The largest rise since increasing 0.5% in May for the 12 months ended in September.

1:31.0

The index for final demand less foods, energy, and trade services moved up 5.6%.

1:37.0

Overall, of course, on the year over year, August was at 8.7%.

...

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