Episode 1450 • • 1:12:11 - 1:16:59
1450: New Collar Worker
Inflation Flim-Flam, Corporate Profit Margin Claims
The administration's use of year-over-year CPI data is criticized as a "flim-flam" that masks the total increase in costs since 2020. Biden also targeted corporate profit margins and tax avoidance as drivers of inflation. The segment highlights a gaffe where Biden confused millions and billions regarding corporate profits and falsely claimed Republicans were responsible for food bank lines during the pandemic.