The Recession is Here, Gascon Recall, Patriotic States, Bye Bye Big City, Bill's Restaurant Survival Guide & More
Bill O’Reilly’s No Spin News and Analysis
Bill O'Reilly
3.7 • 12K Ratings
🗓️ 22 June 2022
⏱️ 42 minutes
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| 0:00.0 | Hey, Bill O'Reilly here. Welcome to the news, Ben News for Tuesday, June 21, 2022. Stand |
| 0:18.6 | up for your country on the first day of summer, the longest day of the year. So, the airlines, |
| 0:29.8 | building down. I am Paul Revere, a modern day Paul Revere. I'm going to prove that coming up. |
| 0:36.8 | But first, the talking points memo, the recession is already here. Now, the definition of an |
| 0:45.2 | economic recession is when trade and industrial activity are reduced. I don't know about industrial |
| 0:53.5 | activity. I don't have the privity of that. But I do know that trade is almost ground to a halt. |
| 1:02.6 | Now, I'm going to explain that. So, the experts, they go, we might have a recession in the fall, |
| 1:10.0 | it's here for the regular folks. So, US flight bookings mainly because of the money, |
| 1:19.3 | but also because the airlines are so terrible are down about 2.5% in May from April. |
| 1:27.7 | That's a big drop in one month, particularly when the summer travels season is the biggest season. |
| 1:32.7 | All right, so they're down. Auto sales down 3.5% made April. So, people are going, I'm not going |
| 1:42.4 | to buy now. And not only with travel and auto sales, but with everything across the board. |
| 1:50.4 | And if you've got a borrow money, it's a terrible time to borrow because it's a registration way up. |
| 1:56.6 | Now, the Wall Street Journal, which is probably the best American newspaper, |
| 2:02.1 | they deserve it. And they came up with 44% of economists that they talk to see a chance of a recession. |
| 2:17.8 | 44%. No, I read that wrong. Economists, all economists that they say that they talk to see a 44% |
| 2:26.8 | chance of recession. That's half. But again, these pinheads, you know, they're in Harvard and |
| 2:35.5 | they're 44%. It's here. Gay Clyde, it's here. Now, prison Biden doesn't know, |
| 2:44.4 | that casino doesn't know anything. Real tape. |
| 2:50.9 | Not the majority of them are saying that. Come on, don't make things up, okay? |
| 2:54.1 | Now, you're some Republican politician. I'm joking. That was a joke. |
| 2:59.2 | But all kidding aside, no, I don't think it is. I was talking to Larry Summers this morning. |
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