Strong January Jobs Report, Racism vs. Reality Over Walgreen's, RNC's Financial Disaster
3 Martini Lunch – Political Humor & Commentary
Radio America
4.6 • 1.5K Ratings
🗓️ 2 February 2024
⏱️ 22 minutes
🧾️ Download transcript
Summary
First, they're impressed as the U.S. economy added 353,000 jobs in January - nearly double the amount expected. They also discuss the potential political impact of reports like this on the 2024 campaign and some additional caveats to the strong numbers.
Then they sigh as squad member and Massachusetts Rep. Ayanna Pressley accuses Walgreen's of racial discrimination for closing a second store in her district instead of exploring what other reasons the company would have for shutting down that location.
Finally, they fume after a shocking report from Red State shows how the Republican National Committee recklessly spent of money on flowers, limousines, consultants, and office supplies, while the Democratic National Committee focused expenditures on Get Out the Vote campaigns, maintaining voter files, and helping other Dem organizations. And the news only gets worse from there.
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| 0:00.0 | Welcome to the Three Martini lunch. |
| 0:05.0 | Grab a stole next to Greg Carumbus of Radio America and Jim Garrity of National Review. |
| 0:10.0 | Three Martini's coming up. |
| 0:12.0 | Hey, really glad you're with us today for the Friday edition of the Three Martini |
| 0:16.1 | lunch. |
| 0:17.1 | Congratulations on making it through a very adventurous week as it was for us as well. |
| 0:22.4 | And Jim, let's start with some good news should be good |
| 0:24.8 | news for Americans across the board here and that's a much better than expected |
| 0:29.2 | January jobs report the official Dow Jones estimate for job growth in January had been 185,000, |
| 0:40.0 | and the estimate for the unemployment was 3.8%. |
| 0:43.6 | To put it mildly, expectations were beaten. |
| 0:46.4 | Here is Rick Santelli over at the NBC this morning |
| 0:49.0 | when the numbers came out. |
| 0:50.2 | Three hundred and fifty three thousand. Three thousand. |
| 0:54.0 | Three hundred and fifty three thousand. |
| 0:57.0 | We have to go on a way back machine. |
| 0:59.0 | That is the biggest non-farm payroll gains since January of 23 when it was 472,000. |
| 1:07.0 | And if we look at the unemployment rate it is 3.7. It's remained at 3.7 if we look at the average hourly earnings a huge jump up six tenths of a percent up six tenths of a percent up six tenths of a percent. |
| 1:22.8 | Up six tenths of a percent. |
| 1:24.8 | It equals March of 22. |
| 1:28.3 | To find a higher number, you have to go to January of 22. |
| 1:32.1 | And also for some context there the amount of year over year is |
... |
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