Bob Nardelli: Inflation Is the Silent Killer that Is Creating Job Problems

RUSH TRANSCRIPT:
CASONE: “And Bob what is your assessment of the job market right now?”

NARDELLI: “Thank you for having me on and Steve, thank you for the compliments. You are really the smart essay on here today. I just want to add to Steve’s comments I called that number deceptively correct. As you pointed out every month he gets adjusted. The 206,000 jobs again, Steve is to write the second largest employer last year was the government they are back on the same track again this year. There is no GDP generated by government jobs. But was totally absent in the chart you just showed where his manufacturing? Last month 2000 less manufacturing jobs. The unemployment rate is up year-over-year. The number of unemployed is up year-over-year. This is all attributed to this administration in my opinion what I will call is like inflation is that carbon monoxide it is the silent killer that is creating job problems and the quality of life. It is a pervasive. People should still using dynamic pricing to your point and we are continuing to suffer under reckless spending that’s causing problems in our economy. It is stressing the faultlines in our economy whoever gets in that White House next year is going to be hit with a wrecking ball to try to pull this back. This are two different types of messages coming from each of our presidential candidates right now.”