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The Sean Hannity Show

Trumponomics - December 13th, Hour 2

The Sean Hannity Show

Sean Hannity

News, Daily News, Politics, News Commentary

4.09.9K Ratings

🗓️ 14 December 2022

⏱️ 34 minutes

🧾️ Download transcript

Summary

Heritage Expert Joel Griffith and Steve Moore, economist and author of  “Trumponomics: Inside the America First Plan to Revive Our Economy” join today to discuss the CPI numbers out today, and the false claim that this has softened the urgency of a down market. 

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Transcript

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0:00.0

right now or two Sean Hannity show glad you with us eight hundred nine four

0:04.0

one Sean you want to be a part of the program more bad economic news today

0:08.8

now one thing that's not really being reported widely is the housing market is

0:15.4

now in a full-on recession except geographically there are some exceptions

0:21.0

Florida is an exception because the the migration to Florida has been so

0:26.4

tremendous the same is happening in the Carolinas in Tennessee and in Texas

0:31.1

those states are faring much better than than every other state in the

0:34.8

country but for the rest of the country it is a full-on housing recession

0:39.4

that has taken place and inflation you know here we go once again the idea

0:45.9

that liberal democrats are celebrating you know a seven and eight percent

0:53.1

inflation rate or gross domestic product rate rate is just kind of amazing to

0:58.4

me these are the CPI rather a broad measure of prices etc etc it went up

1:04.2

zero point one percent in November prices climbed seven point one percent on

1:09.2

an annual basis these are not good numbers inflation still about three

1:15.0

times higher than prepand the prepandemic average Joe Biden became

1:19.9

president and it was one point four percent anyway you know but Biden of course

1:25.4

was inflation is zero when it's nine percent he says inflation is zero no not

1:31.0

true now he's saying inflation is coming down but prices are still too high

1:35.3

I mean does even nobody's saying listen there's a provider reason for some

1:40.1

optimism for the holiday season and I would argue for the year ahead we learn

1:44.3

last month inflation rate came down down more than experts expected in a world

1:49.8

where inflation is rising at double digits of any major economies around the

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