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EXPLAINED: Biden’s ‘zero inflation’ claim is an ABSOLUTE LIE

Our far-left leadership truly believes the average American voter is an IDIOT. Why else would they repeat absolute LIES, seemingly without fear of getting caught? President Biden’s latest one was about inflation, claiming on Wednesday that inflation numbers in July hit zero percent. But Stu tells Glenn that Joe's claim actually is not an outright lie — it's more like an insane, 'disingenuous' manipulation of the facts. The guys explain it all in this clip…

Transcript

Below is a rush transcript that may contain errors

GLENN: We have so much on our plate to talk about. The one thing we haven't talked about yet, are the inflation numbers. And it's remarkable, Joe Biden has just come out and said, we have zero inflation this month.


STU: Wow. We did it! We solved it.

GLENN: We did. We did. So we can start printings more money. We have zero inflation.

BIDEN: News that came out today, relative the economy. Actually, I just want to say a number.

Zero. Today we received news that our economy had 0 percent inflation in the month of July.

GLENN: That's weird.

STU: Yeah. Because that's not how --

BIDEN: What that means, the price of some things went up last month. The price of some other things went down the same amount. The result, 0 percent inflation last mop.

STU: Now, that's incredible there. And it's interesting, because every single publication is reporting the number as 8.5 percent.

GLENN: Right. But that's very close to zero.

STU: Very close to zero. Now, I want to be clear, to show you how disingenuous this person is. This is how he's come to this conclusion, okay?

Because people are just saying, oh, he's lying. And he's not quite lying. This is what he's doing. Now, every single time we talk about inflation, we talk about it as an annual number.

GLENN: Right.

STU: That is how we talk about it. Year to year. Everybody talks about it the same way. 8.5 percent, is the headline annual number. That's the number that everyone has been talking about, which everyone focuses on. So what he's done, is take that number, and ignore it completely. Then, he's converted what he's looking at, from the headline number, to the core number. Now, there's two different measures of it inflation. Basically, the core number takes out food and takes out energy. To summarize it. So that number was 5.9 percent, I believe it was this -- this --

GLENN: Which is zero.

STU: Which is --

GLENN: I don't know if it's closer to 8.5. One of the two. They're both closer to zero. We have a scale from one to a billion. Fine. Might as well call it zero.

STU: Right. Sure. So he's ignored the main number. He's presented only the core number. Which has been lower the entire time. And then he's instead of taking the annual measure. He's done only the month to month measure.

Now, no one -- the month to month number, is not the number anyone talks about. And to be clear, it was only supposed to be 0.2 percent. So what he's saying is -- now, that's almost zero anyway. That's what everyone was expecting it to be. 0.2 percent. Instead, it was 0.0 percent, and he is out there bragging saying, oh, well, this just shows, there's no inflation month to month.

So he's ignored the main measure. And he's basically taking the secondary core measure, and divided it by 12, even though that's not exactly how they come up with the number. And he's saying that there's been no inflation. Now, this is entirely disingenuous. And what I've said before, on this program, on Stu Does America as well. We are very close to one of the most annoying things you're ever going to experience. Which is, this main number that everyone is talking about. 9.1 percent. Is going to start getting lower. And when that happens, the administration is going to brag about it. However --

GLENN: This is important.

STU: This is important. What most people will say, when I -- when you say to them, hey. Inflation last month was 9.1 percent. And this time, it's 8.5 percent. Most people will say, first of all, it's going down. That will be their initial reaction. It's going down. And because most people will say that, the administration will brag about it going down.

GLENN: It's month to month.

STU: Yeah. That's the annual measure, but it's two separate months.

Most people will say, okay. If something is $100 a year ago, it was $109 last month, and now, it's, what? 108.50, right? It's coming down a little bit?

It's important to know, that's not how this number works. The number works based on a year-to-year measure. So they're comparing July to the previous July. The reason why I'm saying these numbers are going to come down. And everybody is going to say. Well, we're past peak inflation. The reason why that's going to happen. Is because the new numbers. Follow me on this. The new numbers are building on old numbers that were already inflated.

GLENN: So you're not going -- you're not measuring it from 100.

STU: One hundred.

GLENN: You're measuring it from 108. So what is the increase of 108?

STU: Right. So let me give you this. This is a real world example. This is actually what happened, okay? If you bought something in July 2020, at $100.

GLENN: Okay.

STU: In July 2021, inflation was at 5.4 percent. So that was costing $105.43.

GLENN: Okay.

STU: This new number --

GLENN: Well, it's down. It's down. So I should pay 103.

STU: 103 or 104, right? No. It's up 8.5 percent from 105.40. So the new number, the thing that used to cost $100 two years ago, now costs $114.36. So your prices are up 14 percent. That's the inflation number from what our normal prices. 14.36 percent. And the administration is going to spend all day bragging about that. And it is -- and you're going to go into the store. And you'll say, wait a minute. These prices aren't any lower. They're all higher.

In fact, they're 14 percent higher on average, and you will be right. And they will be bragging about it.

That's the rest of your day, everybody. Boys and girls get together and realize, these idiots are going to come out here, and say this all day, because they think you are so stupid, you just might believe it. And they know they're lying. And they're going to do it anyway. That's the rest of your day.

GLENN: Average people. Average people don't know that. And they know it. They know it. They know it. The average person has no idea, that what costs $100 last year, was 108. And today, because of the inflation. You go up from the 108. It's not -- it's not going back towards 100. It's adding. When they say 2 percent inflation is our target. That means, prices always go up. Every year, by 2 percent. That means, your dollar is becoming -- that's why something costs a time. You know, in 1940. Oh. I want that beautiful Cadillac over there. All right. Dollar and a half.

STU: Now it's $185,000.

GLENN: That's all inflation. That's inflation. Because it continues to adds on top of each other.

RADIO

Could passengers have SAVED Iryna Zarutska?

Surveillance footage of the murder of Ukrainian refugee Iryna Zarutska in Charlotte, NC, reveals that the other passengers on the train took a long time to help her. Glenn, Stu, and Jason debate whether they were right or wrong to do so.

Transcript

Below is a rush transcript that may contain errors

GLENN: You know, I'm -- I'm torn on how I feel about the people on the train.

Because my first instinct is, they did nothing! They did nothing! Then my -- well, sit down and, you know -- you know, you're going to be judged. So be careful on judging others.

What would I have done? What would I want my wife to do in that situation?


STU: Yeah. Are those two different questions, by the way.

GLENN: Yeah, they are.

STU: I think they go far apart from each other. What would I want myself to do. I mean, it's tough to put yourself in a situation. It's very easy to watch a video on the internet and talk about your heroism. Everybody can do that very easily on Twitter. And everybody is.

You know, when you're in a vehicle that doesn't have an exit with a guy who just murdered somebody in front of you, and has a dripping blood off of a knife that's standing 10 feet away from you, 15 feet away from you.

There's probably a different standard there, that we should all kind of consider. And maybe give a little grace to what I saw at least was a woman, sitting across the -- the -- the aisle.

I think there is a difference there. But when you talk about that question. Those two questions are definitive.

You know, I know what I would want myself to do. I would hope I would act in a way that didn't completely embarrass myself afterward.

But I also think, when I'm thinking of my wife. My advice to my wife would not be to jump into the middle of that situation at all costs. She might do that anyway. She actually is a heck of a lot stronger than I am.

But she might do it anyway.

GLENN: How pathetic, but how true.

STU: Yes. But that would not be my advice to her.

GLENN: Uh-huh.

STU: Now, maybe once the guy has certainly -- is out of the area. And you don't think the moment you step into that situation. He will turn around and kill you too. Then, of course, obviously. Anything you can do to step in.

Not that there was much anyone on the train could do.

I mean, I don't think there was an outcome change, no matter what anyone on that train did.

Unfortunately.

But would I want her to step in?

Of course. If she felt she was safe, yes.

Think about, you said, your wife. Think about your daughter. Your daughter is on that train, just watching someone else getting murdered like that. Would you advise your daughter to jump into a situation like that?

That girl sitting across the aisle was somebody's daughter. I don't know, man.

JASON: I would. You know, as a dad, would I advise.

Hmm. No.

As a human being, would I hope that my daughter or my wife or that I would get up and at least comfort that woman while she's dying on the floor of a train?

Yeah.

I would hope that my daughter, my son, that I would -- and, you know, I have more confidence in my son or daughter or my wife doing something courageous more than I would.

But, you know, I think I have a more realistic picture of myself than anybody else.

And I'm not sure that -- I'm not sure what I would do in that situation. I know what I would hope I would do. But I also know what I fear I would do. But I would have hoped that I would have gotten up and at least tried to help her. You know, help her up off the floor. At least be there with her, as she's seeing her life, you know, spill out in under a minute.

And that's it other thing we have to keep in mind. This all happened so rapidly.

A minute is -- will seem like a very long period of time in that situation. But it's a very short period of time in real life.

STU: Yeah. You watch the video, Glenn. You know, I don't need the video to -- to change my -- my position on this.

But at his seem like there was a -- someone who did get there, eventually, to help, right? I saw someone seemingly trying to put pressure on her neck.

GLENN: Yeah. And tried to give her CPR.

STU: You know, no hope at that point. How long of a time period would you say that was?

Do you know off the top of your head?

GLENN: I don't know. I don't know. I know that we watched the video that I saw. I haven't seen past 30 seconds after she --

STU: Yeah.

GLENN: -- is down. And, you know, for 30 seconds nothing is happening. You know, that is -- that is not a very long period of time.

STU: Right.

GLENN: In reality.

STU: And especially, I saw the pace he was walking. He certainly can't be -- you know, he may have left the actual train car by 30 seconds to a minute. But he wasn't that far away. Like he was still in visual.

He could still turn around and look and see what's going on at that point. So certainly still a threat is my point. He has not, like, left the area. This is not that type of situation.

You know, I -- look, as you point out, I think if I could be super duper sexist for a moment here, sort of my dividing line might just be men and women.

You know, I don't know if it's that a -- you're not supposed to say that, I suppose these days. But, like, there is a difference there. If I'm a man, you know, I would be -- I would want my son to jump in on that, I suppose. I don't know if he could do anything about it. But you would expect at least a grown man to be able to go in there and do something about it. A woman, you know, I don't know.

Maybe I'm -- I hope --

GLENN: Here's the thing I -- here's the thing that I -- that causes me to say, no. You should have jumped in.

And that is, you know, you've already killed one person on the train. So you've proven that you're a killer. And anybody who would have screamed and got up and was with her, she's dying. She's dying. Get him. Get him.

Then the whole train is responsible for stopping that guy. You know. And if you don't stop him, after he's killed one person, if you're not all as members of that train, if you're not stopping him, you know, the person at the side of that girl would be the least likely to be killed. It would be the ones that are standing you up and trying to stop him from getting back to your daughter or your wife or you.

JASON: There was a -- speaking of men and women and their roles in this. There was a video circling social media yesterday. In Sweden. There was a group of officials up on a stage. And one of the main. I think it was health official woman collapses on stage. Completely passes out.

All the men kind of look away. Or I don't know if they're looking away. Or pretending that they didn't know what was going on. There was another woman standing directly behind the woman passed out.

Immediately springs into action. Jumps on top. Grabs her pant leg. Grabs her shoulder. Spins her over and starts providing care.

What did she have that the other guys did not? Or women?

She was a sheepdog. There is a -- this is my issue. And I completely agree with Stu. I completely agree with you. There's some people that do not respond this way. My issue is the proportion of sheepdogs versus people that don't really know how to act. That is diminishing in western society. And American society.

We see it all the time in these critical actions. I mean, circumstances.

There are men and women, and it's actually a meme. That fantasize about hoards of people coming to attack their home and family. And they sit there and say, I've got it. You guys go. I'm staying behind, while I smoke my cigarette and wait for the hoards to come, because I will sacrifice myself. There are men and women that fantasize of block my highway. Go ahead. Block my highway. I'm going to do something about it. They fantasize about someone holding up -- not a liquor store. A convenience store or something. Because they will step in and do something. My issue now is that proportion of sheepdogs in society is disappearing. Just on statistical fact, there should be one within that train car, and there were none.

STU: Yeah. I mean --

JASON: They did not respond.

STU: We see what happens when they do, with Daniel Penny. Our society tries to vilify them and crush their existence. Now, there weren't that many people on that train. Right?

At least on that car. At least it's limited. I only saw three or four people there, there may have been more. I agree with you, though. Like, you see what happens when we actually do have a really recent example of someone doing exactly what Jason wants and what I would want a guy to do. Especially a marine to step up and stop this from happening. And the man was dragged by our legal system to a position where he nearly had to spend the rest of his life in prison.

I mean, I -- it's insanity. Thankfully, they came to their senses on that one.

GLENN: Well, the difference between that one and this one though is that the guy was threatening. This one, he killed somebody.

STU: Yeah. Right. Well, but -- I think -- but it's the opposite way. The debate with Penny, was should he have recognize that had this person might have just been crazy and not done anything?

Maybe. He hadn't actually acted yet. He was just saying things.

GLENN: Yeah. Well --

STU: He didn't wind up stabbing someone. This is a situation where these people have already seen what this man will do to you, even when you don't do anything to try to stop him. So if this woman, who is, again, looks to be an average American woman.

Across the aisle. Steps in and tries to do something. This guy could easily turn around and just make another pile of dead bodies next to the one that already exists.

And, you know, whether that is an optimal solution for our society, I don't know that that's helpful.

In that situation.

THE GLENN BECK PODCAST

Max Lucado on Overcoming Grief in Dark Times | The Glenn Beck Podcast | Ep 266

Disclaimer: This episode was filmed prior to the assassination of Charlie Kirk. But Glenn believes Max's message is needed now more than ever.
The political world is divided, constantly at war with itself. In many ways, our own lives are not much different. Why do we constantly focus on the negative? Why are we in pain? Where is God amid our anxiety and fear? Why can’t we ever seem to change? Pastor Max Lucado has found the solution: Stop thinking like that! It may seem easier said than done, but Max joins Glenn Beck to unpack the three tools he describes in his new book, “Tame Your Thoughts,” that make it easy for us to reset the way we think back to God’s factory settings. In this much-needed conversation, Max and Glenn tackle everything from feeling doubt as a parent to facing unfair hardships to ... UFOs?! Plus, Max shares what he recently got tattooed on his arm.

THE GLENN BECK PODCAST

Are Demonic Forces to Blame for Charlie Kirk, Minnesota & Charlotte Killings?

This week has seen some of the most heinous actions in recent memory. Glenn has been discussing the growth of evil in our society, and with the assassination of civil rights leader Charlie Kirk, the recent transgender shooter who took the lives of two children at a Catholic school, and the murder of Ukrainian refugee Iryna Zarutska, how can we make sense of all this evil? On today's Friday Exclusive, Glenn speaks with BlazeTV host of "Strange Encounters" Rick Burgess to discuss the demon-possessed transgender shooter and the horrific assassination of Charlie Kirk. Rick breaks down the reality of demon possession and how individuals wind up possessed. Rick and Glenn also discuss the dangers of the grotesque things we see online and in movies, TV shows, and video games on a daily basis. Rick warns that when we allow our minds to be altered by substances like drugs or alcohol, it opens a door for the enemy to take control. A supernatural war is waging in our society, and it’s a Christian’s job to fight this war. Glenn and Rick remind Christians of what their first citizenship is.

RADIO

Here’s what we know about the suspected Charlie Kirk assassin

The FBI has arrested a suspect for allegedly assassinating civil rights leader Charlie Kirk. Just The News CEO and editor-in-chief John Solomon joins Glenn Beck to discuss what we know so far about the suspect, his weapon, and his possible motives.