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The Erick Erickson Show

S11 EP142: Hour 1 - Inflation Matters Most

The Erick Erickson Show

Erick Erickson

News, News Commentary

4.5874 Ratings

🗓️ 10 August 2022

⏱️ 37 minutes

🧾️ Download transcript

Summary

The administration tries to sell the public on the idea that 8.5% inflation is actually 0% inflation and it’s time to truly gut Washington.

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Transcript

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0:00.0

Hello and welcome. It is Eric Erickson here. The Eric Erickson show across the nation. The full number is 8779-7-3-7-4-25. Well, I got to put everything in context where we will get to Scott Perry. We will get back to Mar-Alog and all that, but we got to talk about the economy. It actually is the biggest story of the day.

0:22.8

I've got to put in context for you a lot of what happens around this time of year.

0:27.0

Typically what happens, as I have mentioned ad nauseum, Republicans are getting their kids back to school,

0:34.2

taking last-minute vacations, the mid-Atlantic states and up tend to go back to school right after Labor Day. Southern schools tend to go back to school taking last minute vacations. The mid-Atlantic states and up tend to go back

0:38.7

to school right after Labor Day. Southern schools tend to go back around now. My kids just went back

0:44.1

this past Friday. So people are taking last-minute vacations. They've gone to the beach. They're

0:50.4

getting their kids back to school. They're getting ready for the fall and for the holidays with Labor Day coming up.

0:56.0

And Republicans generally aren't talking to pollsters.

0:59.5

Now, they're generally not talking to pollsters anyway.

1:02.0

If you remember the polling from the year 2020, no one saw, I mean, people saw the momentum for Democrats.

1:09.9

They did not really see the momentum for Republicans in polling.

1:13.7

The post-election analysis concluded there's no way to fix them.

1:17.0

Nobody knows what's happening.

1:18.6

The easy conclusion, and I think the accurate one, is that Republicans tend not to talk to pollsters anymore.

1:26.6

They think they're biased anyway. The polls are all

1:29.4

wrong, so why bother? There are a series of stories in the media going through today about the giant

1:37.9

Democrat victories, the momentum shift, the quote-unquote vibe shift to the left.

1:46.2

The media stories create a self-perpetuating feedback loop where the Democrats feel pretty good about themselves right now.

1:55.0

They have some problems, however.

1:58.0

And the biggest problem comes today.

2:01.2

0.5% is the year-over-year number.

2:03.0

The market was looking for a jump of 8.7%.

...

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