Bill O’Reilly’s No Spin News and Analysis - O'Reilly Update Morning Edition, December 14, 2022
Episode Date: December 14, 2022The Biden economy is a mess... Learn more about your ad choices. Visit megaphone.fm/adchoices...
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Bill O'Reilly here, and I'm warming up.
Stand by for the O'Reilly Update Morning Edition, but first.
On this Wednesday, President Biden had just one item on his official schedule for Monday of this week,
an event for toys for tots in Arlington, Virginia.
Now, I like tots, having been one myself, and I certainly want them to get neat toys for Christmas.
But maybe, perhaps, Mr. Biden could have squeezed a bit more into his workday.
Last Friday, very quietly, the government announced that the collective personal wealth of
Americans has dropped $7 trillion so far this year.
That's our assets, not the swamps.
That's bank accounts, investments, home values.
$7 trillion down. Don't tell the tots. In addition, the stock market is off 25% this year. I don't know
anyone buying stocks other than the crypto guy in the Bahamas. Yes, unemployment remains low, but real
wages are falling as inflation vacuums up our cash. By all measures, the Biden economy is a mess,
although millions of voters didn't seem to mind on election day.
Joe Biden noticed that and immediately bellowed,
if it ain't broke, don't fix it.
The voters like us.
They really, really like us.
So nothing will get fixed.
Bank on that.
That is, if there's anything left in your account.
Back after this.
power politics and the people behind the headlines i'm miranda divine new york post columnist
and the host of the brand new podcast podforce one every week i'll sit down for candid conversations
with washington's most powerful disruptors lawmakers newsmakers and even the president of the
united states these are the leaders shaping the future of america and the world
Listen to Podforce One with me, Miranda Devine, every week on Apple Podcasts, Spotify, or wherever you get your podcast.
You don't want to miss an episode.
That is the morning O'Reilly update. More analysis later on.