Friday's jobs report is being looked at carefully for two reasons: First, the Fed meets again on September 18. It has kept interest rates high...
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Fox News host Neil Cavuto gave New Hampshire Gov. Chris Sununu a math lesson on inflation during his Thursday afternoon broadcast after Sununu seemed to imply that the effects of inflation are cumulative.While discussing the increased costs of living, Sununu said voters won’t look at the economy's recent strength, but rather price hikes that have come over President Joe Biden’s term.“They are going to look at what's happened over the last 4 years – That’s where you are looking at 25, 30, 35 percent inflationary and cost increases on a lot of things,” Sununu said.ALSO READ: Harris has figured out Trump’s greatest liabilityIf Trump can maintain his focus and professionalism on the campaign trail, Sununu says he’ll come out on top in November, but, “as soon as he goes off tangent that's where he’s letting Democrats take the election that should be his by a landslide.”Cavuto asked Sununu to circle back to the 35-percent figure, “What’s that?”“People will look at the cost of living over the life of the administration – so that's 10 percent inflation, 2020 or 2021, another 12 percent, another 7 percent, another 4 percent…” Sununu said. “It’s cumulative, it keeps adding up.”“But it doesn’t,” Cavuto interrupted, talking over Sununu. “I know it looks that way, but it doesn’t. It's the rate of increases going — I don't mean the ... — you're right the inflation is weird, but the rate of increases is slowing down. You don't take these increases and just add them up.”Watch the clip below or at this link.
Friday's jobs report is being looked at carefully for two reasons: First, the Fed meets again on September 18. It has kept interest rates high...
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