Jay Weber Show transcript 8-15-24 7:10 am
July price increases were announced yesterday-and it’s not a surprise that the prices of things are continuing to rise.
The cost of ‘things’ rose other two percent in July-from June-
And the overall cost of things is another three percent higher than it was currently last year.
Overall- the cost of living in Joe Biden and Kamala Harris’ America-and under democrat rule- is over 20 percent higher than it was when they took over. And it’s still crushing families.
And while the Biden White House and Harris campaign are going to ‘spin it’ any way that they want to- it is not ‘good news’ and inflation is not really ‘easing’...on most things.
The headlines we saw yesterday were still incredibly misleading.
Moreover- you’ve got the labor market cooling and the big financial houses increasing their predictions that we are heading into a recession.
How is this ‘good news’ for the democrats and the Kamala Harris campaign?
Sure-yesterday’s numbers are going to be used as ‘evidence’ that the federal reserve will agree to the first ‘rate cut’ in three years...and after jacking mortgages up to seven percent, car loans up to nine, and credit cards up to 23 percent interest.
Sure. There will be that little tidbit of ‘good news’ coming in mid-September...but...every economic measure- thru-out the summer- has been blinking red.
We’ve seen major layoffs in the first six months of this year-and still! - they are coming. The labor market is cooling. Even more Americans are defaulting on their car loans and mortgages this summer. Delinquencies on credit card payments are climbing dramatically.
Meanwhile-prices are still climbing at a rate of three percent. How is this ‘Biden or Harris’ saving the economy?
How is this sold as ‘Kamala knows how to run an economy’ when she finally reveals her bogus ‘economic platform’ tomorrow?
It’s supposed to come during a speech in North Carolina...and we are told that her team is trying to find a way to ‘separate her’ from the failures of the Biden/Harris economy over the last four years.
She and her team already know that they can’t take the ‘Joe Biden’ strategy and just continue to insist everything’s fine. Everything’s great.
That’s just insulting to voters.
And so-what you have heard-if you can stand to listen to this woman as she ‘performs’ at her teleprompter-
You’ve heard her admit to small things like...’prices are still too high’...
Well-
As of tomorrow, she’s going to pretend that she knows how to fix that. It sounds to me like she’s just going to more fully adopt this ‘price gouging’ b-s that Joe Biden has been selling since the super bowl-and insist that that’s why prices keep rising-
And if that’s the case- she’s not going to trick many people-
But- if this economy continues to slip into a recession between now and mid-October- Kammy’s screwed. And the insiders know it.
Politico admits today: based on the events of the last two weeks, Kamala Harris has an even bigger problem with the economy.
As one long-time democrat strategist tells them: I’m glad I’m not responsible for messaging about the economy’.
He knows that -whatever’s ‘coming here’ on Friday is going to be a load of sheep-dip so deep that only the true morons amongst us will buy it.
Meanwhile- over in the Harris camp- they are certain that any economic downturn that might occur-is already too late to affect the outcome of the election- as they put it.
They’d better hope so- because- while the political class ‘wasn’t looking’, some of America’s biggest retailers were issuing new warnings about consumer spending thru the rest of the year.
Why do you think Target and Walmart had their Halloween stuff out-in July?
They expect this to be a tough holiday shopping season. Consumers have started to make more careful choices and close their wallets.
And it-is- the democrat’s fault. It just is.
In fact-
Greg- give us the audio of Kamala Harris casting the tie-breaking vote for the multi-trillion-dollar spending package that touched off all this runaway inflation in 2021?
This idiot was giggling right along with the rest of the democrats and passing this massive spending bill- after every single economist in the country- including Obama’s team of advisors- said: don’t be idiots, you are going to ruin the economy with this.
They ruined the economy with it. And here’s Kamala Harris giggling as she casts the tiebreaking vote that touched off this inflation.
There you go. On tape. Cackling idiot Kamala Harris effing over the country...and being too dumb to know what she was doing.
Three years later-there can be no question that the dem’s skyrocketing prices on groceries, gas, rent, utility bills, every good or service you need. Has destroyed the American dream for many of our young people...and those on the lower rungs.
Three years later- the destruction caused by giggly dimwits like Kamala Harris- can no longer be denied by anyone who watched it happen to them.
At least not if they are being honest with themselves.
Oh-and as for Kamala Harris’ running mate?
She was the perfect idiot to be Biden’s running mate-and round out that dangerously dumb ticket-
Well...Tim Walz is the perfect running mate to round out kamala Harris’ ticket and keep the economic destruction rolling.
Listen to business guru Kevin O’Leary- who some know from shark tank. He’s been an honest analyst when it comes to how the dem’s policies have destroyed an economy that was poised to ‘sing’ coming out of the trump era-
And he gets angry when people call him a trump-lover or try to dismiss him as a partisan. Here’s his take-after doing a deep dive into how gov Tim Walz has managed Minnesota’s economy.
Anyone who is willing to be honest with themselves- cannot- vote democrat in good conscience.
Not this year.
This last four years have been a disaster for the country on numerous fronts. Why would you possibly vote for four more years of it?
I know that most voters cast their vote based on ‘vibes’ and ‘platitudes and popularity contests...but...as economist Stephen Moore points out: even the claim that the democrats are better for the middle class is ludicrous.
Once again-the figures don’t lie-and they prove Donald Trump was the better ‘middle-class’ president.
Yes-and a 20 percent hike in overall prices in just three years under Biden and Harris- while prices increased less than 8 percent during trump’s entire four years in office.
There is no comparison when you look at the two party’s -and two president’s- economic records.
And so, really?
You democrats are going to pivot and pretend that a legitimate dingbat has the answers?
Come on.
She probably can’t even spell ‘financial.’
She thinks the ‘federal reserve’ is a really good wine that only rich people get to drink.
photo credit: Getty Images
audio version of the segment here > Remember, THEY ruined the economy