Mostly sweet jobs report, a number of americans are still sour on the economy. but first, let s give you the sugar part of it. once again, the latest jobs report surpassed expectations 272,000 jobs added in may and more significantly, wages rose for the first time in months so why are americans feeling so sour? well, there may be a few reasons. one of them, obviously is inflation despite falling from its peak of 9.1 back in 2022, prices are still up by 3.4% annually. items like food, shelter transportation services, they re all hitting american pocketbooks the hardest. now, the second reason the housing affordability crisis, the average price for a home. now it s coming in close to $408,000. that is nearly as 6% increase from last year. and three, the growing gap between the haves and the have nots the average s&p 500 ceo makes
Transcripts for CNN CNN NewsNight With Abby Phillip 20240608 02:39:45 archive.org - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from archive.org Daily Mail and Mail on Sunday newspapers.
Programme. iwonder thank you roach for coming of the programme. i wonder listening to the prime minister what you made of the announcements today? it is prime minister what you made of the announcements today? announcements today? it is a bit too late. it is certainly announcements today? it is a bit too late. it is certainly late, announcements today? it is a bit too late. it is certainly late, it announcements today? it is a bit too late. it is certainly late, it took - late. it is certainly late, it took this tv drama late. it is certainly late, it took this tv drama to late. it is certainly late, it took this tv drama to actually - late. it is certainly late, it took this tv drama to actually bring | late. it is certainly late, it took i this tv drama to actually bring it back into the consciousness, i presume you watched it, what do you make of it? ., ., , presume you watched it, what do you make of it? make of it? thought it was fantastic and it is nice make of it?
Superrich, and now his donors, small dollar and big, are paying his legal bills? no, i don t think they re worried about it one bit. and you know, the latest report from one of trump s arms shows that they spent $108,000 on milan s hair pressure. a little hard to connect that to the costs. it s listed, by the way, as a payment for political strategy. but you know, it wasn t that long ago that donald claim to be worth over ten billion dollars, which if he only earned a 5% annual return, which would mean it has an income over $500 million a year. and why would he need to raise money for his own or anyone else s legal defense if he had that kind of money? of course, he doesn t. [laughter] well man, is there an argument to be made that this legal defense fund is the one time that trump is actually being straight with people about where their money is
Trouble, i would certainly want to be sure that my lawyer was only worried about me and not worried about the guy who potentially was facing the most criminal liability in the whole thing. david, if i were to give money to a politician, in theory, i would think, yeah, it s because i want them to get reelected, it s because i care about this campaign. do you think that the people who are donating to trump s pac, do you think they know or care that the money is just going to pay this guy s legal bills, a guy who touts himself superrich, and now his donors, small dollar and big, are paying his legal bills? no, i don t think they re worried about it one bit. and you know, the latest report from one of trump s arms shows that they spent $108,000 on milan s hair pressure. a little hard to connect that to the costs.