The Chris Cuomo Project - Everything Costs More And Trump Owns It
Episode Date: June 11, 2026Chris Cuomo reacts to new inflation data showing consumer prices rose 4.2% in May—the highest level in three years—and explains why he believes the report could become Donald Trump’s biggest pol...itical problem. Cuomo responds to Trump’s claim that he “loves” the latest numbers and argues that voters care far more about what they’re paying for gas, groceries, housing, and everyday necessities than any political talking point coming from Washington. Using the latest CPI report, Cuomo breaks down how rising energy costs, tariffs, and the economic fallout from the Iran conflict are putting pressure on consumers and small businesses. He explains why inflation has climbed back above 4%, why purchasing power matters more than stock market gains, and why he believes the midterms will ultimately be decided by one question: do Americans feel financially better off than they did before? Join The Chris Cuomo Project on YouTube for ad-free episodes, early releases, exclusive access to Chris, and more: https://www.youtube.com/@chriscuomo/join Follow and subscribe to The Chris Cuomo Project on Apple Podcasts, Spotify, and YouTube for new episodes every Tuesday and Thursday: https://linktr.ee/cuomoproject Get 46% off your entire order at https://NOBLTravel.com #NOBL #ad Learn more about your ad choices. Visit podcastchoices.com/adchoices
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You can serve, Mr. President, about the latest inflation number which came out this morning.
Could that be a great?
No, I love it.
The numbers were great.
You know what I really love?
I love the inflation.
You know why?
Because as soon as this war is over, you know, I can say it now.
Something you didn't know.
You know, we've been taken out.
Millions of barrels of oil.
Nobody knows it.
You know who doesn't know about it?
Iran until right now.
Remember when I did this, I said, look, the one bad thing will be,
we hit the best economy we've ever hit.
I said the one thing we have to do now.
We had just hit the highest stock market in history,
highest 401 case in history.
Everything was going well.
And I said, I hate to do this to you guys,
but Iran's going to have a nuclear weapon very soon.
We have to go and attack. So we hit him with the B2 bombers.
Look, look, I don't even know where to start. Let's just skip to the big point, okay?
Inflation is everything. He doesn't love inflation. It's not short term. It goes up like a rocket,
comes down like a feather. That's what every economist will tell you, okay? He did this.
He didn't have to do it this way. It wasn't the best economy. The stock market is not the main metric,
okay? The CPI is.
the headline CPI, the headline consumer price index, and it is more than double what the Fed
estimate was on his watch because of his choices, and it's going to be his ass in the midterms.
This is what the midterms will be about, okay?
And just in this one clip, okay, they're not about to get a nuclear weapon.
They were about to be close to having the capacity to enrich uranium to a weapons grade percentage.
Very different. The IAEA said that, okay, never said they were weeks away from a weapon.
The U.S. intelligence said that. Never said they were weeks away from a weapon. He chose to do this.
Now, you can argue that it was worth doing or not worth doing, but it had a cost.
And, okay, so he's taken out oil, stealing oil, bringing oil, I don't even know what he's talking about.
But even still, the markets are going to take time to recover. All right? And they will not.
be back by the midterms. And he did this. And the stock market doesn't mean shit to you.
Less than half this country has exposure to the stock market even through 401ks. It's gas and groceries,
your ability to save your purchasing power, what things cost versus what you make. That's everything.
And it's all about inflation. And it is a bad story that he made bad. He does not love
inflation. Look, will it start going down when the war's over? Yeah, but that's not him making something
good happen. That's him making something bad happen that's being undone by time and consequence if we can
get out of it anytime soon. I'm telling you, if you want to think about how things are going to
change in the midterms, if that matters to you as opposed to just this binary battle to the bottom
of which side is worse and how much Trump can be owned. No, I love inflation. I love inflation. I love
inflation. I love it. I love the inflation number. They love it. You know why? You know why?
You know, oils at $85 a barrel. I said to my guys, it's the best economy. You know, I hate to do this to you, to them.
What do they care? It's to us that he did it. And it wasn't the best economy, but it was recovering.
See, look, you can't have it both ways. It can't be that you came in. You've only been there a year or so.
And it was the best economy ever, but Biden had nothing to do with it except to have fucked it up.
It doesn't make sense. But inflation makes sense. It makes sense. It makes sense. It makes.
sense to everybody. You can't jazz me about it. You can't bullshit me. You can't tell me something else
matters more. No, it's everything. It affects what I have to pay, my tuitions, my interest, my credit card,
everything, my car payment, everything. I can't get a mortgage. I can't refinance. I can't get
credit lines from my business. Everything is inflation-based, indexed to inflation you'll hear all
the time. The headline CPI is everything, and it's going to determine the midterms.
Welcome to the Chris Cuomo Project. I am Chris Cuomo. Thank you very much for being with me.
The midterms are going to come down to one thing. That's it. For all the perfidy, all the drama,
all the scandals, all the chaos, the elections, the war, the terror. Everything comes down to one thing.
this is a rare situation where we know right now what's going to determine the midterms one thing not just economy not be no not wall street 401k no one
inflation and when i say inflation they're like six different kinds like with unemployment numbers unemployment
under employment, you know, opportunity rate, involvement rate, you know, all these.
No, one thing will determine the midterms, okay?
This is what kills Trump.
Inflation, consumer price index.
Period.
Full stop.
Look at this graph.
You see this?
This is the death knell.
Okay?
This is it.
This is the kill shot.
whatever metaphor you want. Over 4% inflation as a buzzword is hard, but you got to understand why.
Why over 4%? That's not that big a number. If I'm thinking about mortgage rates, that'd be great.
The context can kill you here in explaining it and create an opportunity to wiggle out it.
But you see this, once anything that's happening with your pay is eclipsed by what you have to pay,
it's over because so many families are so close to the margins that as soon as the prices start taking away your purchasing power
because pay has not kept up with them they'll say pay is up pay is up there's some of the open jobs pay is up
but it's not up enough to offset what you're seeing right now and that is everything why the consumer price index
So I prepared all these things for you.
The CPI is the most direct indicator of the realities of the broadest cut of expenditures by the most different kinds of people, individual, and family.
Okay.
Food and groceries, gas and transportation, housing and rent, medical care, clothing, utilities, recreation.
You know what I mean?
It's a basket.
All right.
That's why.
The U.S. Bureau of Labor Statistics.
Now remember, but this, the idea that, well, and they can't even measure it right now,
and they keep getting it wrong, and he cut the funding and the staffing, so they can't even measure
the data right, and it's taking longer.
All true.
It doesn't matter.
Inflation.
Inflation is everything.
Stay focused.
Oh, no, we've got to own them everywhere.
He jinx the Knicks.
Inflation.
You want to win elections?
You want to win the midterms.
Anywhere.
With anyone?
Inflation.
Okay?
Inflation is everything.
This is why they don't want to talk about it.
This is why he distracts from it.
This is why they lie about it.
It scares them.
You want to scare Trump?
Inflation.
Okay?
$100 a year ago, $104.20 today.
Okay?
Now, I'll tell you what.
This is how it's traditionally done.
They do it based off 100.
That is not the way to demonstrate this for the American voters.
Okay?
saying it's higher than ever, saying that your ability to save is less than ever, the savings
rate is so low right now. And we've been traditionally low anyway. But credit card default rates,
all the things that go along with this are all related to this. Borrowing more on the credit
side, so expensive that money, inflation. You see what I'm saying? Gas inflation. Grocer inflation.
purchasing power inflation, worried about being able to send your kid to inflation,
a borrowing on your house, inflation, interest rates, tied to what?
Inflation.
You see what I'm saying?
Inflation is everything.
It's also really important that you stick with the CPI.
Why?
Because it's the highest one.
It's worse for Trump.
I mean, yeah, you can look at it that way if you're just looking at it in terms of who sucks worse.
But I'm just saying as the best baseline, when anyone counters this number with a different number,
oh yeah, but the wholesale market shows that there's some green shoots, whatever,
whatever bullshit word salad they throw at you.
Headline CPA, CPI, okay?
Headlines CPI, that's what we're talking about.
That's the one that's up for 2.2%.
Okay?
That's the highest we've seen in a long time.
It's high, okay?
And here's, and again, it matters because it affects everything.
the cost of living adjustments, of course.
It's the cost of government and services is going to go up.
The chance of going to cut services goes up.
Social Security is going to have to increase the COLA adjustment, which means that what?
They're going to want to cut these services.
Medicare, Medicaid, they're going to want to cut them.
Why?
Because of a problem he created.
That's why.
That's why it's everything.
You see what I'm saying?
Headline CPI, not core CPI.
They'll counter with the core.
Why? It's a lower number. Why? Excludes food and energy. Why? Because it doesn't look at short-term swings month to month. Okay, it's often used by economists to identify longer-term inflation trends. No, no, no, no, no. No, keep it tight here. Headline CPI. All right? Say it with me. Headline CPI, that's what's going to determine the midterms. All right? So look, again,
purchasing power as related to this.
That's that graph that I'm showing you.
Why?
Because if you get a pay raise of 3%, okay, which, you know, is standard, okay, that's a
considered a pay raise, a legit pay raise.
But CPI rises at 4.2, you're what?
You're 1.2% underwater.
You understand?
So your purchasing power effectively declined 1.2%.
That's the simple map.
That's what it is.
That's the answer. That's why this is everything. Okay? So that's what you need to remember. So now, all right, everyday necessities will cost more. It will affect the most people in the most ways. All right. It is the biggest read on the economy. More than unemployment, more than wage increase or decrease, anything like that. Savings rate. All of it is inflation based. Everything.
So when the headline CPI goes, everyday necessities cost more.
It hits hardest when the biggest household expenses are accounted for.
Gas, electricity, food, transportation, and housing.
Okay?
That's everything.
Purchasing power falls.
So even if the money goes up, right?
Even if you try to counter.
Oh, but pay is up because there's so many good jobs out there.
and we need people.
Yeah.
But the effect of the pay raise is erased by the inflation.
And remember, Trump isn't the reason that wages will go up.
That's about scarcity.
That's about market dynamics.
He is why inflation is going up.
And his argument of, yeah, but it's just temporary.
He's just temporary because I'm fighting against this existential nuclear threat in Iran.
No, he isn't.
No, he isn't.
He's not getting rid of the regime.
He's making a deal with a group of people who hate us that are going to break the deal.
And they're probably going to get paid off in ways that will still affect the market, right?
Because they're going to still have some throttling of 15 to 25 percent of the oil and gas and other commodities flows through the strait, which they didn't have before.
Right?
And there is no existential nuclear threat.
They want a bomb.
They still want a bomb.
He didn't.
We weren't weeks away.
How do we know? The IAEA didn't say they were weeks away from a weapon.
They were weeks away from being able to enrich uranium at a percentage that might give them weapons-grade uranium.
Very different thing.
Why is it matter? They still want it? Because it's about timing.
You have a very strained economy, and you did something that was going to make it a lot worse and is making it a lot worse.
Oh, arthritis. I have arthritis in my shoulder that's affecting my rotator cuff, and then my son hurt my rotator cuff because he's too strong now.
He pulled my arm behind me.
I'm dealing with it.
I'm dealing with the pain.
And who am I angry at?
I'm angry at the pain, but I'm angry at who caused it?
Just like will happen in the midterms.
Okay?
I already had arthritis.
And then my son yanks my arm back.
That's what Trump did with inflation.
We already had all this price pressure on us.
And then he did this stupid war.
And he did the tariffs before that.
And they're still tariffing.
You see what I'm saying?
that's what did it and that's why he owns it and that's why it's everything in the midterny.
Purchasing power is what you have to remember here. Purchasing power is what a dollar can buy.
So inflation goes up 4.2 percent. Each dollar buys less than it did a year ago. All right?
Inflation has been growing faster than wages, period. And they'll say otherwise they're using different metrics. They're playing funny money. Don't let it happen.
I don't care if you're a Democrat or a Republican.
If you're a critical thinker, you should be an independent.
And if you want to be a free agent and a critical thinker, then don't let people bullshit you with different numbers.
You know, economics is very tricky.
It matters so much, but it's so easy to explain in different ways.
That's why a president once famously said, give me an economist with one hand.
Truman.
Give me a one-handed economist.
All my economists say, on the one hand, on the other hand, he's right.
He's right. Now, you focus on the headline CPI. You focus on it because it makes everything that is an everyday expense higher. Okay? And it reduces your purchasing power, which recent data indicates that inflation is growing faster than wages, so you have a decline in real earnings. Okay? In practical terms, a lot of workers get paycheck.
that feels smaller, despite nominal wage increases. Why? Because the money doesn't go as far. Look, there's a secondary issue here also with unemployment and with jobs. When we add jobs, are we talking about that number being all individual workers? Probably not because more people are working more than one job now. And they're working more than one shift now. Why? To make the money that they used to make from one job. Why? Because we used to treat corporations,
with a preference because they took care of workers
and added to the GDP so much.
But now they don't pay their workers,
they pay their investors.
That's where they really show off productivity, right,
in a secondary way on the C-suite level
because the C-suite is seen as more important
than the actual workers
because they generate the interest from Wall Street
because Wall Street is just gambling now,
so it's not based on book value,
it's based on price-to-equity ratio,
which is a guess, which is gambling.
And that is about investors and them making bets
and them betting on certain management
because they can understand that as a metric.
And so the C-Suite people get paid to juice these stocks,
and they are impressive to investors.
So you pay them a lot,
and then the investors care that you're paying the right people so much,
but not the workers.
That's where that money used to go.
But they still get the same preference of paying less in taxes
than individuals. Why, when their workers are barely getting by on so many levels? Why, when our biggest
employers have a disproportionate number of their workers that need government assistance? Why am I giving
a corporation a tax break for hiring and paying a lot of people if they're not paying them enough
so that I still have to subsidize Walmart and Amazon? Why? Why would I give them a tax preference? Why don't we
condition that tax preference on how much they pay their workers. Oh, that's socialism. That's wage
fixing. No, it isn't. We're doing it now. Why is the corporate rate less than the individual rate at the
high end? Why? Because they hire a lot of people and we're making a policy choice. Oh, okay.
That's what I'm doing. I'm making a policy choice. If you want to pay 30% in taxes,
35%
wherever the rate is
instead of 45%
then
you have to pay your workers
enough so that they're not on government assistance
it's not like I'm creating some high bar here
okay
there's no way that Amazon should get a tax break
and a disproportionate number of their workers
or a real percentage of them are on Medicaid
there's no reason for Walmart to get a tax preference
and a more friendly tax code treatment
from the government when so many of their workers are on food stamps.
You see what I'm saying?
So that's why purchasing power matters.
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heard about them from Cuomo. Check out nobletravel.com. The next reason that inflation is everything,
because we're talking about business now, right?
But business is not just C-Corps.
They just get all the love.
Did you know that only like less than 1% of businesses in this country are big businesses?
It's overwhelmingly, literally 99% plus small businesses.
And small businesses hire half the people and create half the GDP.
So it's not like, oh, yeah, there's a minimum.
million businesses, but they don't do anything, and it's all the big ones. The big ones do half,
but it's half small businesses. So why don't small businesses get half the benefits half the love?
You see what I'm saying? Because they're all flow throughs, right? My podcast are a small
business. And I've got to hire, I've got to pay, I've got to deal with it. I have very few
write-offs, and my tax rate is funded, filters through as an individual. So it's much more than the
corporate tax rate. Why? It's just a preference structure from the government. It's not capitalism
versus socialism, it's a choice.
Small businesses often absorb rising costs for fuel utilities, inventory, shipping,
insurance, and labor in ways large corporations don't.
Why?
Well, several reasons.
One, their access to financing.
Two, they're financing to their access and ability to leverage.
Large corporations often get better prices.
from vendors. Why? Well, because they buy more. They're more important to their vendors, you know what I mean? So they're more likely to get preferential treatment, just like they are with the government. Also, they often have an ability to spread costs, at least on their balance sheets, across all these different operations and entities in a way that small businesses can't. Okay? Smaller firms usually have less flexibility, forcing more.
more difficult choices because they don't have the cash reserves either because they don't have
the liquidity from the stock market, as many big corporations do. So they have to raise prices.
They have to deal with their inventory. They have to let go of workers. They have to accept
lower profits, you know, delay any plans. It hits small businesses more. Okay. And to the extent
that they can get anything through the SBA or any other kind of state or local,
program or any kind of financing access they have to credit lines, it gets way more expensive really
fast when inflation goes up. So when inflation remains well above the federal reserves 2% target,
which is where it is, policy makers are less likely to cut interest rates. Higher rates means
more expensive business loans. Credit cards, auto loans, credit lines, you know, all that stuff.
That affects both entrepreneurs seeking capital to expand and families trying to buy their homes or finance major purchases.
So you see, inflation is everything. It is everywhere. It's like carbon when it comes to organic life.
It's in everything. It's everywhere. It affects everything. Okay. Now, another reason inflation is everything because so much of politics is that the reality winds of being dictated.
by the perception, all right, which is a short weight of saying it is for a meme, perception is
reality. You know, is the economy good or bad? You tell me, how do you feel? I can justify it
either way. So inflation creates uncertainty, which creates fear, which creates a perception
of risk and risk aversion, so they don't spend. Businesses become reluctant to invest
because they can't predict future costs. Families become cost. Families become cost.
when they're not sure how much the money will go.
They don't live their dreams.
They don't go on vacation.
They don't splurge, right?
So it slows spending.
Uncertainty slows spending, hiring, investing, right?
Individually and on the small business level for sure.
And bigger corporations also do this.
How many of us have learned for all the talk about how many jobs are available?
Well, not in high-income space, right?
even as a professional, like a lawyer or a doctor, so many places right now aren't hiring.
Why? Uncertainty. We don't know. We got to see. Let it shake out. How many of us have heard that? I have. Have you? Probably.
So, 4%. Why above 4%? Why is that some kind of magic number? Here's why.
A 4.2, which is the most recent headline CPI, is significant because it's more than double the Fed reserves, the Fed's long-term target of 2%.
It's also the highest annual CPI reading in about three years, which is very important politically. Why? Because it gets rid of the Biden-Fuck-Uct-Uts argument. This administration is doing something that is usually,
not allowed this deep into a tenure of over a year, which is to blame the other guy, the last guy.
That's definitely part of politics. Nobody ever gives the last guy credit for any kind of head,
you know, tailwinds he gave you that are helping you do better in your administration. You don't get the benefit.
You know, you never say, well, thanks, a guy from other party who was president before and who I criticized all the time,
but it turns out his policies are helping me. You're never going to hear that. But you will hear certainly early on that,
look, this is bad, but I mean, you know, this is what I inherited, right?
Now, by the way, I would make the argument that what Trump inherited this time and in his first term was way better than he pretends.
Even this time, we were in a post-pandemic period of recovery.
Numbers will go in the right way.
Now they're not because of him, okay?
That's the key part to this inflation analysis.
not only is it twice the Fed's target, but it's twice because of what he has done. Do you understand? Okay.
inflation pressures have re-accelerated rather than continuing to cool as it had been during Biden.
Okay, remember this idea that Biden sucks on the economy because he's a Democrat, well, first of all, check yourself because Democrats historically don't suck for the economy, okay, quite the opposite.
Second, he inherited a pandemic. Did he make it worse? Did he exacerbate things? I would say, yeah, some of his economic policy decisions I didn't think were right.
I thought the Chips Act was a huge boost.
He should have made a lot more hay out of that, and we should have done a lot more of it.
It is fundamental, fundamental to our long-term economy, fundamental the Chips economy.
Huge.
Taiwan, huge.
But in the midterms, it's all inflation, all inflation, all inflation.
And you can't blame Biden.
You did it.
You increased it with your tariffs, with your tax policy, and most importantly with your
of war, okay? And the idea that he had to go to war, that's a bullshit excuse. He did not have to do
what he's doing in Iran. And I would argue it's not even working. Now, the rate that it is shows that
it's accelerating and it's more than twice and optically that is a bad look. Okay. All right, but why
CPI? There's so many other measures. You got the stock market. You got, you have, you know,
jobs and unemployment and unemployment, all these other things are always given us. Why? Why?
Because it is the most important measure for families. It tracks prices that consumers actually pay
and directly affects your budget, okay? The personal consumption expenditures price index,
the PCE, okay, is the Federal Reserve's preferred inflation gauge because it captures broader
spending patterns and adjusts for changes in consumer behavior. But I argue that it is too sophisticated
and starts to remove the direct understanding of the pressure in this moment on the people who matter
most, which are families, not middlemen and industry dynamics. Okay. And again, headline C.P.
P.I. Not core because core excludes food and energy. Okay. Now, another reason that everything is
inflation and inflation will be everything in the midterms. One, because when people know that you're
ignoring what's wrong with their money, they get pissed off. When you're like, yeah, uh, okay,
inflation's up, but, uh, uh, there are no illegals raping your kid. Yeah, there were no illegals raping
my kid before. And I want you to enforce the laws, but I'm worried about my money more than I'm
worried about in illegal raping my daughter to use your language, your coarse language, or in
human language. That's why this is so powerful. Because those other culture things, yeah,
what about that trans kid that's playing against your daughter? Yeah, okay. Obviously, I don't want
someone Cuomo side playing against my 13-year-old daughter, although this shoulder thing now.
I think that I couldn't really compete against most 13-year-old athletes, female or male.
They don't care as much as they care about this.
Okay?
So it's an anti-distraction device in politics.
It's very hard to get away from, yeah, but you raised inflation.
Oh, yeah, but we also took away a woman's right to a reproductive choice.
You know what I mean?
It's, you know, yeah, you did that too, you mother.
Fuck.
You know, so that's not a good look.
But it is good offset to cultural wars because this is very real and it matters,
more. Public sentiment around inflation tends to be driven less by economic theory and more by
their lived experience, meaning what? It is less susceptible to bullshit, okay? Because they just know.
They know what's happening when they go to the grocery store, right? It's higher. Gas groceries,
gas groceries, higher, higher, that's what you know. Oh, but it's because of your state, whatever. It's
hire, okay? And it's on your watch and everything I'm looking at says that you affected it and
not in a good way. Okay? Renters and home buyers feel squeezed. Why? The rent's going up. And the
renter can't buy. Why? Because the price of money's going up. See what I'm saying? You can't
refinance your mortgage. It's getting more expensive. Small business owners are having shrinking margins.
They're worried. Now, are there other issues? Yes, of course.
Of course, but this one really matters a lot, and I think is dispositive of what will happen in the midterms.
Look, can we get distracted? Can there be something? Yeah, yeah, sure. But I think that all across the country in most different places, spaces, and with most faces, inflation is going to be their main concern, okay?
Consumers often report feeling that they are working harder just to maintain the same standard of living.
that is huge, huge as a political factor of dissatisfaction or faction the, are you better off than you were four years ago?
Okay?
That Reagan metric that was given to him by his speechwriter or whatever, taken out of context, there's a whole story that goes along with it.
I interviewed the guy who came up with the line.
But am I doing better for you than the last guy?
No, you are not.
unless you fool me into valuing you in a way that is more important than what I'm talking about right now,
which is how my family's doing economically, which is like my main responsibility as a head of a household, right?
And that's why you will see the recent reports and reports that will follow what's coming out right after this that I'm telling you about, declining consumer confidence because they go together.
inflation goes up, confidence goes down, period.
It doesn't matter what you tell me about how long, short term it's going to be,
or why it is, or that it's worth it.
It's not worth it.
Not worth it to me.
Okay?
The labor market remains relatively strong.
Yeah, meaning what?
Meaning that we don't have enough people to fill the jobs that are here.
But how much of those jobs pay?
Okay.
And look, this stuff that you're going to hear about Social Security having a problem,
this will come up again. It's such an easy fix. It's just that rich people don't want it. All you have to do is just tax a higher ceiling, raise the ceiling on how much income gets taxed. I think it's $174,000. Now make it $274. And create an offset. The offset is if you don't need your Social Security but you paid into it so it's your money, you should get a tax benefit instead. I'm not going to take the Social Security, but I do want a tax benefit.
for not taking that money.
Why is that so hard?
Why can't they do that?
Seriously, the social security problem goes away.
By the way, this is another aspect of immigration, by the way.
You know, because a lot of workers, even illegal workers,
they pay in to Social Security.
They just don't get the benefit of it.
Look it up yourself.
I'll look it up with you.
Do illegal entrants who work
in America
pay
Social Security.
Yes, many unauthorized
immigrants working in the United States
do pay Social Security taxes, even though most are not eligible
to receive Social Security retirement benefits based on that work.
Here's how it happens. Employers are generally required
to withhold Social Security, you know, FICA, right?
So, some unauthorized workers are
used borrowed, incorrect, or otherwise infalleled
social security number, so they get away with it.
but most do. Okay. And let's just follow up on this. Which illegal, I don't know that any illegal people are,
people who are here illegally are entitled to social security. People who are in the United States
without legal immigration status are not eligible to receive social security. Yeah, I know. That's what I was
saying. However, there are situations. Oh, they get lawful immigration status and where you are,
yeah, obviously. Okay, I'm talking about if they're here illegally. They have enough qualifying earnings.
Most retirement benefits require 40 quarters, roughly 10 years of covered work.
Covered work.
They're earning to be credited to a valid Social Security record.
Yeah, I know, but they got to become legal.
Otherwise, it's not going to happen.
Anyway, I was right.
So this is a very, very, very, very, very big moment.
Okay?
Inflation is everything.
Okay?
It's inflation is everything.
and it is going to determine the midterms.
And Trump cannot get away from it.
He cannot blame it on somebody else.
Not if the Democrats are on their game.
And they're fighting for economic populism.
And they're focusing on this.
Let's end where we started.
Inflation is everything.
The president could say whatever he wants.
But this is going to say the most about him and his administration.
No matter what else is going on, this will resonate the moment.
the most seriously, the deepest,
and impact votes the most in the most places,
in the most spaces with the most different kinds of faces in the country.
Thank you very much for subscribing and following.
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