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And all that kind of stuff. real estate prices, you name it. those are one-month increases, guys. can you imagine if things were going up that much here? and wages, by the way, are not going up anywhere near as the cost of eating and shelter over there. so they ve got a really big problem. and that s rights a lot because, a, they re going to have to raise interest rates. and b, their problem is our problem in a very direct way. they re driving the price of commodities around the world. so when you see their prices go up, it hurts up. oil is a great example. right now i m looking at $90 a barrel. oil prices have been up over the past three months. we ll have gasoline at the pump at $3, most likely, this christmas. i believe we re at $2.97 right now, for the first time ever. and we haven t had gasoline prices this high since right before the crisis. and the reason that s important is nothing else in people s lives is back to where it was before the crisis. their incomes aren t, their spe ....
Off. oil prices today took a big drop. we have the russians and the saudis relooking at the caps they have on production, which could help gas prices. just not for now. and for a lot of folks, sort of gassing up, they re getting sticker shock. jeff flock monitoring it all in chicago. hi, jeff. yes. stuck in traffic, neil. $2.97 is the number. that s where we are right now. you d think this is the highest gas prices that have been at memorial day since 2014 when they were $3.65. an extra 60 cents from this time last year. you d think when you got higher gas prices, fowler people would travel, right? that s not what they re telling us. even though gas prices up 4.7 cents or yeah, number of travelers up 4.7%, gas prices up 20%. they both increased. ....
On trade deals. right now germany puts a 19% tax on an american car that get shipped to germany. china does that to ensure production in china. nafta was supposed to make a mexican middle class. mexicans make $2.97 an hour. i don t think donald trump is necessarily a hater, i think he s a businessman. tell me why i should vote for him when his own union doesn t back him, and his own party doesn t back him on trade but he s willing to speak the truth? i can t tell you because what he says i don t know what he ll do. but what he says is that nafta was wrong. that s correct, it was wrong. the whole unfair thing that got set up. and democrats and republicans screwed the working class of this country. and the low unemployment that we have now is in large part due to ....
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