The Ben Shapiro Show Ep. 1945 - Inflation Comes In HOT
4 snips
Apr 11, 2024 Inflation continues to rise, complicating Biden's economic plans and sparking concern among small business owners. The president faces scrutiny for his reliance on note cards during public appearances. Political strategies surrounding abortion and immigration are highlighted, as Democrats aim to mobilize voters while grappling with internal conflicts. Additionally, the looming drug crisis at the southern border adds urgency to the political landscape, all occurring against the backdrop of upcoming elections and changing voter sentiments.
AI Snips
Chapters
Transcript
Episode notes
Stubborn Inflation
- Inflation persists, impacting prices and the Federal Reserve's interest rate decisions.
- The economy faces high inflation despite improvements in supply chain issues.
Inflation's Wrong Direction
- High inflation continues despite easing supply chain problems, impacting prices and Federal Reserve decisions.
- CNN acknowledges inflation is worsening, exceeding expectations and potentially affecting interest rate cuts.
Rate Cut Warning
- Larry Summers warns against a June rate cut, comparing it to the Fed's 2021 errors on inflation.
- He suggests the next rate move may be upward due to current economic conditions.