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The John Batchelor Show

#LancasterReport: The high price of food. Jim McTague, former Washington Editor, Barrons. @MCTagueJ. Author of the "Martin and Twyla Boundary Series." #FriendsofHistoryDebatingSociety

The John Batchelor Show

John Batchelor

Society & Culture, Arts, News, Books

4.52.8K Ratings

🗓️ 3 February 2024

⏱️ 10 minutes

🧾️ Download transcript

Summary


#LancasterReport: The high price of food. Jim McTague, former Washington Editor, Barrons. @MCTagueJ. Author of the "Martin and Twyla Boundary Series." #FriendsofHistoryDebatingSociety
https://www.nytimes.com/2024/02/01/us/politics/biden-food-prices.html

1907 Harrisburg

Transcript

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0:00.0

Like some kind of Pizza Ninja, Domino's are slicing their prices.

0:05.0

Domino's Price Slice.

0:07.0

Small pizzas now 8 quid, medium now 10 quid,

0:10.0

and large now 12 quid.

0:12.0

Yet we're making cuts too.

0:14.0

In 11th of February 24, minimum delivery spend, charges and areas may apply.

0:18.0

To and see, see Domino's dot code. UK. This is CBS I on the world with John Bachelor.

0:28.0

Here's John Bachelor.

0:30.0

The American Economy, the Economy of Lancaster County, Pennsylvania, the best county in the Keystone State, the Keystone State being the secret to the election each year, especially presidential elections, which way the

0:44.7

keystone goes, that goes the presidency. Right now we're concentrating on

0:49.3

Lancaster County's economy and I welcome Jim McTague,

0:54.3

formerly the Washington editor of Barron's magazine now a novelist living in Lancaster.

0:59.4

And Jim, we begin with the jobs number that Wall Street gave us this morning, plus $353,000, a blowout

1:08.3

number.

1:09.3

How is it, Jim, all those

1:15.0

and they only missed you can help me with this how is it that the estimates from Wall Street were

1:16.5

185,000 and they only missed by 50% what explains that good evening to you Jim

1:22.0

good evening John first of all What explains that? Good evening to you, Jim. Good evening, John.

1:24.0

First of all, you have to remember that economists and which doctors in Africa have much in common.

1:31.0

They rely on powers in the ether and the powers don't

1:40.2

all of these cooperate. The other thing is that Wall Street is primarily an entertainment business.

1:47.3

So when you see these experts on television

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