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The NPR Politics Podcast

Presidents Can't Fix Inflation. It Doesn't Stop Americans From Blaming Them For It.

The NPR Politics Podcast

NPR

News, Politics, Daily News

4.425.7K Ratings

🗓️ 14 July 2022

⏱️ 14 minutes

🧾️ Download transcript

Summary

Inflation hit a new, 40-year high in June, with consumer prices up 9.1% from a year ago. Gas prices were a big part of this, but the cost of essentials like food and shelter are also rising rapidly.

It is a real problem for Americans trying to make ends meet — and one that lawmakers, including Joe Biden, have few tools to address. That is likely to leave Democrats in a lurch come November's midterm elections.

This episode: White House correspondent Tamara Keith, White House correspondent Scott Detrow, and chief economics correspondent Scott Horsley.

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Transcript

Click on a timestamp to play from that location

0:00.0

Hi, this is Zach in Kissimmee, Florida.

0:02.6

And like Tamera Keith, I also was the student representative to the school board back in high school.

0:08.6

Unlike Tamera, I didn't pursue a career in journalism or politics.

0:13.2

I became an actor at Disney World.

0:15.8

This podcast was recorded at...

0:17.7

140 PM on... what days?

0:21.4

140 PM on Thursday, July 14th, 2022.

0:25.6

Things may have changed by the time you hear it,

0:27.8

but I'll still be singing about how fish our friends not food.

0:32.8

Oh, enjoy!

0:37.8

Wow, I just... I love the turn that that took.

0:41.4

I was like, is it gonna reveal which character he plays in now and now?

0:45.4

There we go.

0:46.4

Yes! That was amazing!

0:49.0

Hey there, it's the NPR Politics podcast.

0:51.8

I'm Tamera Keith, I cover the White House.

0:54.5

I've got Tetro, I also cover the White House.

0:56.8

And Chief Economics Correspondent Scott Horsley is here.

1:00.4

Hello, Scott.

1:01.2

Great to be back.

1:03.2

So, we are here to talk about the economy in particular, inflation.

1:07.6

The president has little direct control over the economy,

...

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