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The Great America Show

Mid-Day Update: October 10, 2024

The Great America Show

Fawcett Strategies

News, News Commentary, Politics

4.71.8K Ratings

🗓️ 10 October 2024

⏱️ 4 minutes

🧾️ Download transcript

Summary

The Great America Show's John Fawcett breaks down today's top stories.

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Transcript

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0:00.0

Hello everybody I'm John Fawcett with this Great America Show midday update for Thursday October 10th.

0:05.7

Inflation rose more than expected last month, dimming hopes for yet another big rate cut from the Fed.

0:11.1

The consumer price index rose 2.4% versus a year ago in September, above the 2.3%

0:17.0

increase economists had expected, this according to the Labor Department on Thursday.

0:22.1

Month over month, Consumer Price Index rose 0.2% steeper

0:25.6

than the 0.1% increase economists had expected, but even with the 0.2% number from August.

0:32.0

Core inflation is a metric closely watched by

0:34.0

economists that excludes the volatile cost of food and energy, rose 3.3 percent

0:38.9

versus a year ago. This number also ahead of economist predictions at a 3.2% year-over-year increase.

0:46.0

Inflation is a major concern for voters as they prepare to cast their ballots on November 5th.

0:51.0

Donald Trump has pressed his case to the public saying that he would bring prices down

0:54.7

that skyrocketed under President Joe Biden and Vice President Kamala Harris.

0:59.4

Initial filings for unemployment benefits took an unexpected higher turn hitting a

1:04.1

seasonally adjusted 258,000 for the week ending October 5th, the highest total

1:09.0

since August 5th of 2023. With Halloween approaching America's favorite witch Hillary Clinton's latest book drastically

1:16.2

underperforming sales down more than 80% since her last book.

1:20.0

Hillary's latest book is another memoir about how unfair it was that she lost to Donald Trump and why you still owe her an apology for being right about everything.

1:29.0

Hmm, that's interesting.

1:30.0

released last month the book is titled Something Lost Something Gained

1:33.9

Lessons on Life, Love, and Liberty is a tedious slong through a familiar

1:38.2

grievances and blatant lies about her quote thicker skin and stiffer spine.

1:43.5

In this memoir, Hillary lauds herself

...

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