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The Sean Hannity Show

No Free Lunch - April 10th, Hour 2

The Sean Hannity Show

Sean Hannity

Politics, Daily News, News Commentary, News

4.09.9K Ratings

🗓️ 11 April 2023

⏱️ 35 minutes

🧾️ Download transcript

Summary

Steve Moore, economist and author of  “Trumponomics: Inside the America First Plan to Revive Our Economy” and David Bahnsen, is a trustee of National Review Institute, host of our very own CAPITAL RECORD podcast, and the author, most recently, of THERE’S NO FREE LUNCH: 250 ECONOMIC TRUTHS, talk about the economy and the dollar’s position in the world as more and more nations pull away from the USD. 

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Transcript

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0:00.0

At our two Sean Hannity Show toll free it's eight hundred nine four one Sean you want to be a part of the

0:07.1

Program you know you look at the economy and then you have to start asking yourself well when does he get better?

0:12.7

I mean I'm listening to the smartest best people that I know in terms of the economy two of which will join us in a second

0:19.4

over the weekend I was reading and very interesting

0:23.6

Articles it relates to Paul Singer the guy knows the thing or two about the economy. He's the guy that saw the economic crisis

0:30.6

Warning about the subprime mortgage crisis before 2008 and Dodd-Frank in 2010 and inflation in 2020 and after the Silicon Valley Bank

0:39.5

You know what does he think is gonna happen next you know on a on just a practical term?

0:44.0

I mean this caught my attention you ever get a value meal at McDonald's

0:49.4

You ever see the price of a value meal in McDonald's?

0:52.3

Okay, well apparently a value meal big Mac combo meal is sixteen dollars and eighty nine cents

0:59.6

Some of the other menu prices exceed eighteen dollars. Now this is not in every part of the country

1:05.1

I believe this part was in somewhere in Connecticut

1:07.9

But you get my point because if you go shopping well you can see pretty much every place everywhere that we've got you know

1:15.0

Massive inflation now we have massive you know job cuts now surging you see a decline in hiring around the country and the pace of the

1:24.0

Job cuts the US employers accelerating in March with numbers of layoffs now climbing 15% from just a month ago

1:30.1

The Biden Labor Department is now admitting that it's been under reporting jobless numbers by 20%

1:37.2

You know the one thing good that they're good at is lying about statistics. It's gonna be transitory

1:43.1

You know, but you just you just follow up on every single thing that they say whenever the Bureau of Labor statistics reports

1:49.9

You know about job growth and unemployment rates

1:52.2

You can bet President Biden is gonna use it as an opportunity to brag about a superb handling of the economy

1:58.6

And now we see with you know opact now cutting back production of oil because we have all but abandoned domestic production here

2:06.4

It guarantees that your summer gas prices are gonna be through the roof yet again very predictable

...

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