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The Erick Erickson Show

S11 EP69: Hour 2 - It’s All Putin’s Fault, Biden Whines

The Erick Erickson Show

Erick Erickson

News, News Commentary

4.5874 Ratings

🗓️ 12 April 2022

⏱️ 39 minutes

🧾️ Download transcript

Summary

Biden’s only spin on worsening inflation is to blame Putin and we can’t have meaningful conversations today because the media has abused its power over information.

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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 phone number is 877-973-7-4-25, should you wish to be on this here program. I've been saving up the audio as it has come in in the last several hours. We will get to the attack on New York here in a moment.

0:23.7

There's some details now, trickling out.

0:25.2

If you haven't heard this morning someone in a gas mask on a train through smoke grenades and began shooting,

0:34.4

they're very quick to say it's not terrorism, not sure why. Early reports

0:39.0

of there are other explosives involved. That's not true. But we'll get there. There's not a lot

0:44.7

known right now. What is known are all of these. First of all, let's start at CNBC. Now let's go to the

0:51.6

year over year numbers. 8.5%. You serve 7.9. 8.5% remains a 41-year high. You have to go back to 1981. And finally, we're looking at year-over-year core.

1:06.6

Expect it up 6.6.6 comes in at 6.5, taking out the 6.4%. So up at 6.5, we are now looking, once again,

1:17.2

to comp back to 82 that remains the same. Oh, that was CNBC. Just so you understand this, as we're

1:25.4

talking about in the first hour, March inflation, 8.5% the highest since 1981.

1:31.3

Gas prices are up 48.8%.

1:34.0

Electricity prices are up 11.1%.

1:37.2

Used car prices up 35.3%.

1:40.7

Ground beef up 13.8%.

1:43.3

Bacon up 18.2%. eggs up 11.2 percent coffee up 11.2

1:49.9

percent. Yikes. Here's Christine Romans on CNN. As expected a big number, 8.5 percent the inflation rate over the past year. That is a big number. It is as expected and it is the

2:02.6

hottest inflation since 1982. That's sort of a broken record there and you know what it all is.

2:07.6

It is gas, it is shelter, it is food. These are three things that people really can't do without, right?

2:13.6

So this is why you have so many people souring on the US economy,. economy, consumers rather, because they're feeling this inflation all the time.

2:20.3

Month-on-month increase. I like to look at this number because it tells you incrementally where you're going.

2:24.8

That was up 1.2 percent, really rare to see a big pop just in one month like this.

2:30.6

I want to say, though, this is until the end of March.

...

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