and this is 19 months this has been going on, that people have been suffering through this. they powered through through the summer, but now the kids are back in school, people are at home and looking at the budgets and having to tighten up and basically when you see the fed raising rates and head winds in the labor market as well and not spending as much, all of a sudden you hit a bad recession. sandra: bottom line, it s not just inflation because of some extraordinary circumstances, yes, there was the results of the pandemic coming out of the pandemic, but that needed to be managed. the president s making the point the 0.1% is not much, but this is a president that caused the inflation, the federal reserve the way they handled inflation and denied the fact it was happening. here are many of the biden administration members getting it wrong along the way. wrong, prices have been essentially flat in our country these last two months. you ve had two months where it s been flat.
never taking the responsibility for the global pandemic that they caused here now with more. well, anyway, with biden s weakness abroad, peter doocy is with us . you know, peter , if you start with consumer confidence, then the fed raising rates. seventy five basis points. and of course, the real definition of of a recession, today s numbers there hasn t been a single good day this week for the administration. and i notice that you keep getting into these word parsing arguments because they want to redefine what a recession is anyway. so that makes your life entertaining as well. every day is entertaining here at the white house, of course. but it s interesting. i sat in the in our normal seat today for the karine jean-pierre press briefing. and in one hour, the day after these gdp numbers came out that show the technical definition of a recession she never used
0 the violence plaguing the them . well, that was a depressing topic, but we had a great time anyway. thank you for watching. it was our special edition of tucker carlson. tonight will be back eight p.m. the show. that s the sworn enemy of lying . pomposity, smugness and groupthink have anything with the ones you love it. if you don t have ones, you have to go find them. they re worth every. and welcome to hannity this friday night. now, tonight, we begin by stating the obvious democrats. they have been lying to our faces for years. you know, remember president trump s border wall ? remember when democrats called it racist and dangerous and un-american? wow. look at this. what a turnaround. a 180. joe biden is now attempting to finish the wall, but he s trying to do secret. we ve got a full report. we will expose it coming. also tonight, another lie from democrats. remember when they told us that society would be better and safer and more equitable if we just got rid of cash bail and d
google have been warning about lay-offs. the real question is obviously how much will the fed be raising interest rates, how much inflation is in the market. one of the things about the fed raising rates is that if it s a prolonged process to get the inflation under control, tech stocks are likely to take a hit. tech stocks during the sort of run-up, during the fed money printing, think exploded in value. so they have a lot to lose amount lot of air could come out of these stocks. the people there, the manager there s know that. that s why you hear them throwing out warnings that there could be worse cuts to come. stock will go down, that will impact other things. earnings will be impacted also by a cut back in advertising if we do hit a recession. so this is we re in scary territory right now. the market is off of its lows. although it bounced down weirdly at the close. you know, shouldn t be watching the market every five minutes.