TOP MIDTERM ELECTIONS ARE
STARTING TO VOICE THEIR OWN
FRUSTRATION WITH THE
ADMINISTRATION LACK OF TOLD ME
NOT TO TALK ABOUT HIS FORMER
FORMER ADVISOR STEVE MOORE FOR
EACH OF THEM IT’S GREAT TO SEE
YOU FOR THANK YOU SO MUCH FOR
BIG THIS WEEKEND.
ANNIE, LET ME GET YOUR TAKE OFF
THE BAT TO MAKE YOUR ASSESSMENT
OF THE DATA WE SOUND ASLEEP I
COMING AT 9.1% HIGHER IN YEAR-OVER-YEAR PPI ABOUT 11%
YEAR-OVER-YEAR PPI ABOUT 11% FROM THE
FROM THE REFLECTING WHAT
AMERICANS HAVE BEEN EXPERIENCING FOR MONTHS WE ARE PROBABLY IN A
FOR MONTHS WE ARE PROBABLY IN A RECESSION, VERY LIKELY SESSION.
RECESSION, VERY LIKELY SESSION.
WE THINK OF 11.6 LAST MARCH.
NURSING FULFILL PRACTICE ETHICAL
AND FIND ITS WAY TO RETAIL
PRICES OVER THE COMING MONTHS.
THANKS YES WITH THE INFLATION
NUMBERS IN THE SLOW ECONOMY, SEE
IF YOU HAVE GOT TO BELIEVE THIS
SOLIDIFIES THE FEDERAL RESERVE
RAISING INTEREST RATES 75 BASIS
POINTS WHEN IT MEETS IN TWO
WEEKS TIME JULY 27.
HOW DO YOU ASSESS THE WEEK?
>> THE BED IS IN A TOUGH ISSUE.
IT WAITED WAY TOO LONG.
I ADMIT POINT ON YOUR SHOW FOR
MANY MONTHS THE FEDS SHOULD HAVE
BEEN RAISING RATES MUCH SOONER.
ANOTHER JOB IS A LOT TOUGHER.
I AGREE WITH ANDY WE ARE IN A
SOFTER SESSION ALREADY.
AND THAT WE HAVE TO RAISE
INTEREST RATES DURING THE
INFLATION RATE DOWN THAT THAT’S
WHEN CONSULATE PAIN AND
SUFFERING.
NOW I DO THINK AND IS READY
NUMBERS IN PLACE ARE JUST
TERRIBLE.
BUT THE LAST TWO OR THREE WEEKS
YOU DO SEE A REDUCTION IN
COMMODITY PRICES BUT THAT
INDICATES WILL SEE A GRADUAL
REDUCTION IN INFLATION.
WHEN YOU HAVE THE NUMBERS THIS
TIME, EVEN BRINGING THE NUMBERS
DOWN TO THE FIGHT OR 6% RANGE
WHICH IS STILL REALLY HIGH IS
GOING TO REQUIRE THE BED TO TAKE
REALLY URGENT ACTION.
WE WILL SEE AT 75 BASIS POINTS
OR 100.
IT MAY REQUIRE A WHOLE SERIES OF
THESE RATE HIKES OF THE COURSE
OF THE NEXT MONTHS.
THAT WAS PART OF THE ECONOMY FOR
SURE.
YES, THERE IS NO WAY THAT
INFLATION GOES BACK TO 2%
OVERNIGHT.
I MEAN LET’S FACE IT WHEN JOE
BIDEN WALKED INTO THE OVAL
OFFICE THE CPI WAS AT 1.4%.
ANDY, YOU WERE TAUGHT BY THE
CONSUMER PRICE INDEX AT 9.1%.
BUT THAT DOES NOT INCLUDE A LOT
OF THE ESSENTIALS.
FUEL, FUEL, AND RETURN THE
ESSENTIALS IN LIFE.
ALL OF THOSE THINGS UP IN THE
DOUBLE DIGITS.
YOU ARE TALKING ABOUT THINGS
LIKE A DOZEN EGGS.
32% YEAR-OVER-YEAR, MUCH HIGHER
THAN THE AVERAGE OF 9.1%
INCREASE RESOLVE THE CPI THIS
WEEK.
QUICKSET IS DEVASTATING FOR
FAMILIES.
THEY’VE BEEN SUFFERING THROUGH A
REAL RECESSION FOR NUMBER OF
MONTHS NOW.
WHETHER WE ARE TECHNICALLY IN A
RECESSION BEEN A REAL RECESSION
FOR AMERICAN FAMILIES.
ARE ATTEMPTING TO ABSORB THESE
PRICING INCREASES BUT REALLY
CAN’T.
FRENCH, LABOR, OR ALL SURGING AT
THE SAME TIME.
HE FOUND MAYBE IF YOU RUN A
RESTAURANT BEEF PRICES MIGHT BE
UP OR MAYBE THERE’S A PUSH FOR
LABOR PRICES MIGHT GO UP.
RIGHT NOW EVERYTHING IS GOING UP
UP.
AGAIN THIS IS DEVASTATING FOR
AMERICAN BUSINESSES DEVASTATING
FOR AMERICAN FAMILIES.
>> THE PRESIDENT KEEPS SAYING
HE’S DOING EVERYTHING HE CAN TO
A LOWER ENERGY PRICES.
OF COURSE HE IS NOT ALLOWING
WHAT NEEDS TO HAPPEN.
THAT IS THE UNITED STATES BECOME
ENERGY INDEPENDENT.
BUT WHAT IS YOUR TAKE IN TERMS
OF WHAT THEY CAN DO?
BIDEN’S TOP OFFICIALS HAVE ZERO
EXPERIENCE IN BUSINESS.
YOU HAVE ANALYZED THE RESUMES OF
THE OFFICIALS IN THE
ADMINISTRATION.
AND YOU FIGHT MOST OF HIS
ECONOMIC TEAM ARE LAWYERS,
LOBBYISTS, GOVERNMENT EMPLOYEES.
NO BUSINESS EXPERIENCE, STEVE.
BUT YES IT WHERE ARE THE PEOPLE
WHO ACTUALLY KNOW HOW TO RUN A
BUSINESS?
WE HAVE FOUND THAT THE MAJORITY
AT THE TOP OFFICIALS WHO WORK IN
THE BIDEN ADMINISTRATION, THE
PRESIDENT AND THE CABOT ARE
REALLY FOCUSING ON PEOPLE DEAL
WITH FINANCE AND COMMERCE AND
BUSINESS ISSUES.
WE FOUND THAT MOST OF THEM NOT
ONLY ARE THEY NOT ONLY RUN A
BUSINESS LIKE ANDY, THEY’VE
NEVER EVEN WORKED FOR A
BUSINESS.
MOST OF THEM ESTIMATE THEIR
WHOLE CAREER IN ACADEMIA OR
LAWYERS AND SO ON.
IT IS A REAL PROBLEM, MARIA.
YOU DON’T HAVE ANYONE WHO KNOWS
THE REAL LIFE APPLICATIONS THAT
HELP TO GROW A BUSINESS BUT HOW
TO MEET A PAYROLL FOR HOW TO
DEAL WITH LOGISTICAL ISSUES.
I THINK THAT’S ONE OF THE REASON
FOR THE SUPPLY CHAIN PROBLEMS.
AFTER ALL, MARIA, BUT WE DID NOT
HAVE SUPPLY CHAIN PROBLEMS WITH
THE TRUCK WAS PRESIDENT.
BIDEN HAS GOT -- BUT THAT HE
WOULD ASK ME WHAT TO DO I WOULD
SAY YOU HAVE GOT TO BRING IN
SOMEONE.
LIKE A FRANK SMITH WHO RAN THAT
X.
PUT THEM IN CHARGE OF THE
ECONOMY.
THERE IS JUST A LACK OF NOT
IDEOLOGICAL PROBLEM BUT A LACK
OF COMPETENCE IN THIS
ADMINISTRATION TO DEAL WITH THIS
CRISIS.
>> AFTER ALL, AND ENCOMPASSES
THE SAME PROVINCIALS INFLATION
IS TRANSITORY FOR A YEAR END A
HALF.
AND IN A RECENT OP-ED HE STATED
AMERICANS AND GOT USED TO NOT
WORKING.
I WOULD RATHER LIVE OFF PANDEMIC
WELFARE.
ALSO COMING FROM THIS GROUP THAT
CONTINUES TO PUSH ITS CLIMATE
CHANGE AGENDA.
WHAT IS THAT GOING TO THE
ECONOMY?
>> I’VE ACTUALLY WROTE ANOTHER
ARTICLE IN THE COMMENTS IN THE WHITE HOUSE SD SAID REALLY DO
WHITE HOUSE SD SAID REALLY DO
NOT HAVE THE BUSINESS EXPERIENCE
EXPERIENCE, SALARY PLUS PROBLEM
MEATPACKERS, PUT ON THE OIL
COMPANY PROVIDES BECAUSE THEY
NEVER AGAIN ANYWAY.
THIS IS A COLLECTION OF PEOPLE
WHO CLEARLY SHOULD PROBLEM IS
THEY DON’T SPRING TO KEEP TRYING
TO ENACT POLICIES BASED ON MORE
GOVERNMENT GREAT DIFFICULT
DEMOCRATIC REPROACH. IF A PROBLEM THAT GOVERNMENT
IF A PROBLEM THAT GOVERNMENT
CREATES GOVERNMENT IS.
THAT IS WHAT’S HURTING THE
AMERICAN PEOPLE.
AND IT IS ENCOURAGING PEOPLE NOT
TO WORK WHICH HURTS THE SUPPLY
CHAIN.
FOR TOO LONG.
HE SHOULD.
JOB CUTS, RECORD LOW APPROVAL
RATING THEY’RE STILL PUSHING THE