S11 EP123: Hour 2 - Time Running Out for Biden
The Erick Erickson Show
Erick Erickson
4.5 • 874 Ratings
🗓️ 8 July 2022
⏱️ 39 minutes
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Transcript
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| 0:00.0 | Howdy, welcome. It is Eric Erikson here. I sure hope you are going to have a delightful weekend wherever you are. |
| 0:09.4 | The phone number, if you would like to call in and be a part of the program, 877-9-7-3-7-4-25. |
| 0:18.4 | We must begin with where I intended to be in the last half hour that's fine we'll get there |
| 0:26.0 | We need to talk about our economy |
| 0:30.4 | Because there is jobs data out there today and on the surface the jobs data appears to be pretty doggone good. Here is Stuart Varney |
| 0:43.0 | talking about it on Fox News earlier today. Where'd the clip go now? I had it here a second ago. |
| 0:51.0 | Pulled up. Ah, yes, wrong folder. Here we go. |
| 0:55.0 | This is Stuart Varney from Fox Business talking about the new jobs numbers. |
| 1:01.0 | Move on. |
| 1:02.0 | We have the latest jobs report, the jobs number. |
| 1:04.0 | We've all seen it. |
| 1:06.0 | 372,000 new jobs, 3.6% unemployment. |
| 1:10.0 | Lauren, that doesn't look like an economy in recession to me. |
| 1:14.5 | Or a job full recession, right? I mean, so more jobs, yeah, more jobs were added in June, |
| 1:20.1 | the unemployment rate that it held again at that two-year low of 3.6%. This is all about the |
| 1:25.8 | message to the Fed, right? It's okay to keep hiking. They'll go |
| 1:28.7 | 100%. Now, that last part is kind of key here. You do need to know some of the underlying |
| 1:35.9 | data, though, is a lot of this is a lot of this is people with multiple jobs. |
| 1:45.0 | There's actually been a decline in the number of people with one full-time job |
| 1:50.0 | and an increase the number of people with multiple part-time jobs to make ends meet. |
| 1:54.0 | That's a warning sign. |
| 1:56.0 | That is a warning sign. |
... |
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