3.7 • 9.7K Ratings
🗓️ 16 June 2020
⏱️ 96 minutes
🧾️ Download transcript
Ami Horowitz, Satirist and Documentarian, is out visiting the locals that have become a part of CHAZ, which has now renamed itself as CHOP. He brings us some of the latest information he has on the movement from the scene of this autonomous zone. This is on the heels of his last video where he asked people in NYC about the data behind the claims they were marching for - he was not received kindly.
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| 0:00.0 | All right, glad you're with us. |
| 0:02.2 | 80941, Sean, you want to be a part of this extravaganza and some good news on the economy. |
| 0:11.1 | I love good news on the economy. |
| 0:14.2 | Spending in May, consumer spending expected, well, some point rebound. |
| 0:18.7 | I didn't think we'd see this. |
| 0:20.7 | I didn't think we'd see this till we got July's numbers. |
| 0:24.7 | And when we're seeing it from May, in other words, spending numbers, consumer spending in |
| 0:29.6 | May, retail sales posted stunning gains, showing growth, which, by the way, that is so dramatic |
| 0:38.7 | described by one news outlet is massively, massively better than expected. |
| 0:45.2 | Oh, bad news if you're a radical leftist, extreme socialist because you want Donald Trump |
| 0:50.0 | out no matter what. |
| 0:51.4 | Anyway, the rebound was so strong, so good, so big, so powerful with various parts |
| 0:57.5 | of the economy reopened. |
| 0:59.4 | And again, maybe at this point, we're thinking about what 20 states, not a lot. |
| 1:05.9 | Bank America's real-time credit card tracker suggesting strength in the airlines, restaurant, |
| 1:10.5 | furniture, stores, and according to zero hedge, the actual data was massively better than |
| 1:17.9 | expected. |
| 1:19.3 | The Commerce Department, they have now set overall retail receipts rose 17.7% last |
| 1:26.7 | month after falling the month before by a record, 14.7%. |
| 1:32.0 | Now, that gain exceeded the previous record increase of 6.7% only in October 2001, as Americans |
| 1:41.0 | resumed spending. |
| 1:42.0 | And that was after, you know, what happened to America on September 11, 2001, retail sales. |
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