Bill O’Reilly’s No Spin News and Analysis - O'Reilly Update Morning Edition, July 5, 2024
Episode Date: July 5, 2024The White House can't spin America's economic woes. 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.
On this Friday, remember the name Jody Powell?
At 33, he was appointed President Jimmy Carter's press secretary.
Mr. Powell died young at 65 from a heart attack,
and his White House employment certainly was not a physiological boost to him.
Obviously, the late 1970s were a much different time than now,
But the economic problems President Biden has are very similar to Jimmy Carter.
Simply put, working class Americans are getting hammered with the high cost of just about everything.
Biden's press secretary is Corinne Jean-Pierre, who, like Jody Powell, has no explanation other than the Republicans did it.
A tarot card reader could give you a better analysis than that.
Here is the grim truth.
Under President Biden, grocery store prices are up 25% on average, a disaster.
Gas prices, 50% higher than inauguration Day 2021.
Cost of a home up 47%.
You want to insure that expensive house?
It'll cost you 64% more than under Donald Trump.
Car insurance up 52%.
Now, these price hikes are endless.
and Ms. Jean-Pierre is shell-shocked.
Even the pro-Biden press is having a very hard time spinning this.
It's like saying a root canal will improve your day.
It won't.
And the Republicans didn't do it.
Back after this.
Let's face it, the U.S. economy is under stress.
National debt rising, trade war, shaking the markets.
And meanwhile, China is dumping the dollar
and stockpiling gold.
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That is the morning O'Reilly update. More analysis later on.
