Mark's 11:00 Monologue
The Mark Simone Show
iHeartRadio and Mark Simone
4.3 • 694 Ratings
🗓️ 12 April 2023
⏱️ 19 minutes
🧾️ Download transcript
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| 0:00.0 | Mr. New York, Mark Simone. |
| 0:07.1 | On the voice of New York. |
| 0:08.7 | 710, W-O-R. |
| 0:11.8 | Well, we'll get to Alvin Bragg and more coming up. |
| 0:15.9 | We'll get to, hey, there's some really bad polls coming out. |
| 0:19.6 | We'll get to that. |
| 0:23.2 | You might be hearing about this inflation number. |
| 0:30.3 | Ooh, it's only 5%. You know, you're the worst president in history when you're opening champagne bottles and celebrating 5%. It was 1.6% under Donald Trump. And it's not just 5%. That's the overall number, but the economists will look at that |
| 0:38.5 | core number underneath, which apparently is trending in the wrong direction. It was 5.5. |
| 0:44.3 | Last year, now it's 5.6, so it's not great. Joe Bartlett, do you ever think we'd be celebrating |
| 0:49.4 | 5% in place? Well, you know, it sounded good when it first came out, but Wall Street is now negative, |
| 0:55.8 | so they have digested the news. They're looking at the real numbers. Yeah, because, you know, |
| 1:00.7 | we just see the overall number. They look at the core number, to this number, it's like when you |
| 1:03.9 | get that jobless number, it's just a number. But then you find out the employment rate, |
| 1:09.8 | unemployment rate went down because everybody stopped looking for work. And that's not just a talking point. That's a real number. There's the unemployment number, which is the U1 number. There's a U2, a U3, the U6 number is how many stopped looking for work. But these guys look at all that stuff. Can you imagine doing that all day for a living, being trader working in one of these companies looking at the screen all day well if you do it |
| 1:32.9 | well you could probably make some money you get millions but you got to look at like five |
| 1:37.3 | bloomberg screens in front of you with all these numbers you remember in math class where you |
| 1:41.3 | get such a headache yeah you don't know what the hell they're talking about. |
| 1:44.3 | These guys writing this algebra all over a board. I don't know what the hell that says. Imagine that's your whole life looking at stuff like that. Hey, by the way, my algebra teacher from ninth grade, if you're listening, I used to fight with you. And you'd say, you're going to need this one day. You know what? It's a million years later. I didn't need it. |
| 1:40.8 | It never came up once. |
| 1:43.0 | It never came up once it never came up ever anywhere in life |
| 2:06.6 | and i hate to break it to you in 2006 when they invented the iphone it had a calculator in it |
... |
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