The Jackpod: Missing misery
On Point with Meghna Chakrabarti
WBUR
4.3 • 3.9K Ratings
🗓️ 29 March 2024
⏱️ 28 minutes
🧾️ Download transcript
Summary
On Point news analyst Jack Beatty looks at what’s counted in official U.S. inflation numbers and finds that the cost of money is not factored into the cost of living.
About:
On Point is WBUR’s award-winning, daily public radio show and podcast. Every weekday, host Meghna Chakrabarti leads provocative conversations that help make sense of the world.
Transcript
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| 0:00.0 | This episode is brought to you by Krakin. |
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| 0:06.0 | He doesn't care where you come from, |
| 0:08.0 | what you look like, your credit score, |
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| 0:24.8 | you invest. This is a high-risk investment and you should not expect to be protected if something goes wrong. I'm Megna Chuck Robardi and this is the Jackpot where on point news analyst Jackbady helps us connect history, literature and politics in a way that brings his unique clarity to the world |
| 0:45.8 | we live in now. |
| 0:46.8 | Hello there, Jack. |
| 0:47.8 | Hello, Magna. |
| 0:48.8 | Well, we are at episode 3 cubed. |
| 0:52.4 | What's the headline missing misery missing misery who's |
| 0:56.6 | misery ours the American people in the grip of inflation. Here is President Biden addressing that question in a 60 minute |
| 1:08.0 | interview from September 2022. |
| 1:12.0 | Well first of all let's put this in perspective. Inflation rate month |
| 1:15.9 | the month was just an inch, hardly at all. You're not arguing that 8.3 is |
| 1:21.6 | good news. No I'm not saying it is good news, but it that 8.3 is good news. No, I'm not saying it isn't good news, |
| 1:23.7 | but it was 8.2 or 8.2 before. |
| 1:26.3 | I mean, it's not, you're, maybe I can make it sound like all of a sudden, |
| 1:29.0 | my God, it went to 8.2%. |
... |
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