Third-Quarter GDP Growth: But Is It Sustainable?
The Rich Zeoli Show
Audacy
4.9 • 1.6K Ratings
🗓️ 27 October 2023
⏱️ 50 minutes
🔗️ Recording | iTunes | RSS
🧾️ Download transcript
Summary
The Rich Zeoli Show- Hour 2:
- Dr. EJ Antoni—Economist & Research Fellow in The Heritage Foundation’s Grover M. Hermann Center for the Federal Budget—joins The Rich Zeoli Show to react to news that Gross Domestic Product (GDP) grew by 4.9% in the third quarter. What fueled economic growth, and is it sustainable? Worryingly, The Wall Street Journal notes that GDP growth was accompanied by a massive decline in savings rates. Plus, is $8.99 for cereal the latest symptom of inflation? You can read Dr. Antoni’s latest editorial here: https://www.heritage.org/markets-and-finance/commentary/never-ending-inflation-thats-bidenomics-action
- Dr. Victoria Coates— Former Deputy National Security Advisor & the Vice President of the Davis Institute for National Security and Foreign Policy at The Heritage Foundation—joins The Rich Zeoli Show to discuss reports that Israel Defense Forces have begun expanding their ground operations in Gaza. She also reacts to news that in response to drone attacks against U.S. troops, American F-16 fighter jets conducted two airstrikes against Iranian-backed military groups in Syria. Are things escalating between the U.S. and Iran? Dr. Coates is the author of “David’s Sling: A History of Democracy in Ten Works of Art.” You can find her book here: https://www.amazon.com/Davids-Sling-History-Democracy-Works/dp/1594037213
- While appearing on Fox News with Sean Hannity, Speaker of the House Mike Johnson (R-LA) responded to Democrats referring to him as a “MAGA extremist”—explaining that they don’t know him, politely asking them to give him a “chance to lead.”
Transcript
Click on a timestamp to play from that location
| 0:00.0 | The drums of war are banging for sure, Biden's nowhere to be found, of course, and the economy. |
| 0:07.8 | Still a big issue on People's Mind. |
| 0:10.2 | So how's it doing? |
| 0:11.2 | Welcome back to the show. |
| 0:12.2 | Glad you're here. |
| 0:13.2 | 855-91210 on Twitter at Rich Ziole. |
| 0:16.4 | I have a lot of questions about how all of this is going to impact gas prices and prices |
| 0:20.2 | at the pump in general. |
| 0:21.6 | I think you probably have these questions as well. |
| 0:24.6 | So let's get some answers. |
| 0:26.2 | Shally from our buddy at the Heritage Foundation, Dr. E.J. Antony, Resu. |
| 0:32.6 | I'm not sure what that was. |
| 0:34.4 | Research, fellow in the Heritage Foundation's Grover, M. Herman Center for the Federal Budget, |
| 0:39.3 | and he joins me now here on TalkGridage1210WPHD. |
| 0:42.0 | Dr. E.J. Antony was great to see you in person last week, buddy. |
| 0:45.6 | Yeah, Rich, great to see you too. |
| 0:48.4 | I hope you had a good time. |
| 0:49.4 | You brought us bad luck, though, for the Phillies, but no offense. |
| 0:51.6 | But we'll let that go. |
| 0:52.6 | We'll forgive you. |
| 0:53.6 | But this is why I need to just stay in my land. |
| 0:56.7 | I need to talk economics and leave the sports to the professionals. |
... |
Please login to see the full transcript.
Disclaimer: The podcast and artwork embedded on this page are from Audacy, and are the property of its owner and not affiliated with or endorsed by Tapesearch.
Generated transcripts are the property of Audacy and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.
Copyright © Tapesearch 2026.

