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The Sean Hannity Show

Trumponomics Worked - July 13th, Hour 3

The Sean Hannity Show

Sean Hannity

News, News Commentary, Daily News, Politics

4.09.9K Ratings

🗓️ 13 July 2022

⏱️ 30 minutes

🧾️ Download transcript

Summary

Steve Moore, was a member of President Trump’s Economic Recovery Task Force, and author of  “Trumponomics: Inside the America First Plan to Revive Our Economy”  - he has a new report out on the state of our economy, being shared with us here exclusively and first, which outlines how the decisions being made about infrastructure and business in America are being made by individuals who have ZERO business experience. 

See omnystudio.com/listener for privacy information.

Transcript

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0:00.0

All right, news roundup information overload hour, 89941 Sean, if you want to be a part of the program.

0:05.4

So we get the news today that the CPI consumer price index numbers, inflation indicators.

0:12.8

Now the highest number since Joe Biden has been president, 40 plus year high yet again.

0:18.8

Remember back in December, Joe said, oh, it's peaked before that they were claiming, no, no, no, inflation is just transitory.

0:25.5

No, not the case at all whatsoever.

0:29.9

Anyway, and they've come up with a talking point.

0:32.4

First, let's go to CNBC's reaction to the inflation rate.

0:35.3

When I look at this report, I don't see any relief anywhere.

0:39.1

We even before we got to this 9.1%, there had been some sectors that were behaving a little bit better.

0:45.1

I look at rents going up.

0:46.4

I didn't see any relief in a parallel.

0:48.3

There was some hope, folks that maybe with the inventory, the Courtney Reagan's been talking about

0:53.2

at some of the department stores that you might see some relief in a parallel.

0:56.8

And Kamala Harris reflecting the party line, oh, this inflation report doesn't reflect the

1:02.8

recent drop in gas prices, which has been fairly minimal anyway. Listen.

1:07.6

Before I begin, I will address this month's CPI report.

1:11.8

There is no question that we still have work to do.

1:15.2

But it is important to note that these numbers do not fully reflect the recent drop in gas prices.

1:21.4

Average national gas prices have fallen every day for nearly 30 days.

1:27.0

Since mid-June prices are down 40 cents a gallon.

1:31.7

Fighting inflation is one of our administration's top economic priorities,

1:37.4

which is why we have taken action to lower the cost of living for Americans, millions of Americans.

...

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