The Schaftlein Report - Producer Price Index Jumps 11.3% in July
Guest - Jeffrey Dunetz
1) Wholesale PPI increase of 11.3% is WAY too high and will bleed into an already accelerating Inflation with rising input costs.
2) Biden says June Inflation "Unacceptably high", but out of date. Is it possible it peaked - MAYBE?
The risk is wage price spiral.
3) Excluding Food and Energy, the Core CPI was at 5.9%. Former Treasury Secretary Larry Summers characterized it as "Way too high and out of control"
Summers warned of this a year ago.
4) Sen. Manchin throws cold water on a scaled back Build Back Better as Inflation is too much a risk for additional spending.
The problem is the Biden administration and Democrats philosophically want to spend more on climate and other initiatives because that is their core belief.
They care more about climate and social issues than inflation. They is the ultra leftist liberal administration policy staffers. The public is NOT with them.
5) Biden trip to Israel - Jeffrey provides a history and contradiction of the difference how Trump and Biden have approached the Middle East and
the ramifications of policy changes. The success of the Abraham Accords and the relationship with Iran and Saudia Arabia.
Biden says "We will not allow Iran to acquire a nuclear weapon". Also claims he supports Abraham Accords.
6) Trump strategy on when to announce his 2024 candidacy is hotly debated in Trump world and in Republican circles. Pros/Cons
7) Senator Marco Rubio leads Val Demings by 5-8% in Florida Senate race
Warnock leads Walker 50-57%. Kemp leads Abrams 52-48%
8) Biden falls to 36% in CNBC polls. The lowest ever. Trumps lowest was 37%.
-
30:01
Schaftlein Report
2 months agoSchaftlein Report | Guest - Tom Amenta
49 -
19:41
Squaring The Circle w/ Randall Carlson
4 hours ago#001 An Introduction To Squaring The Circle - Squaring The Circle: A Randall Carlson Podcast
1.99K20 -
12:03
ThinkStory
12 hours ago64 MAJOR Differences Between SHOGUN (1980) and SHOGUN (2024)
3.83K4 -
26:37
TheTapeLibrary
14 hours agoAnatoly Moskvin | Horrifying Crimes of The Russian Puppeteer
5.42K16 -
6:16
Film Threat
8 hours agoDEADPOOL & WOLVERINE TRAILER REACTION | Film Threat Reviews
5.87K11 -
29:36
Science & Futurism with Isaac Arthur
14 hours agoClearing Space Debris
7.01K3 -
6:55
Chrissy Clark
4 hours agoLGBT Activists Want Katy Perry To Stop THIS?!
3.29K10 -
16:27
justintech
8 hours agoBest Gaming PC 2024 For Every Budget!
4.4K1 -
1:22:40
Crime Circus
9 hours agoBad Boy sneaks KNIFE into interrogation!!
6.27K -
2:06:10
Laura Loomer
3 hours agoEP44: TRUMP ON TRIAL: SCOTUS Hears Presidential Immunity Arguments Ahead of 2024 Election
15.7K9