The Matt Walsh Show - Daily Wire’s New Morning News Podcast

00:00:00.000 it's no secret that the legacy media loves to twist their version of reality into the

00:00:08.320 mainstream narrative for all americans and unfortunately they're really really good at it

00:00:12.500 so good in fact that they dominate most news sources in print digital and yes even podcasts

00:00:17.600 but their grip on the spread of information is unsustainable trust in the media is at an all

00:00:22.600 time low and that's because people are refusing to be manipulated but where can they get an actual

00:00:26.920 trustworthy source of news you guessed it the daily wire introducing our newest podcast morning

00:00:31.720 wire a daily news show that values your time and the truth our aim is to deliver an alternative news

00:00:37.360 source that you can trust in your podcast the first episode is available right now on apple podcast

00:00:42.280 spotify or wherever you listen to podcasts so go subscribe now and start listening today daily

00:00:47.140 wire's mission is simple to bring our readers and listeners the facts and to provide the context

00:00:51.280 necessary to both understand the issues and to debunk the legacy media's predictable yet increasingly

00:00:56.040 more ridiculous spin on those facts we've built a powerful newsroom of investigative reporters

00:01:00.820 opinion journalists and writers dedicated to ensuring that you see the news first and form your

00:01:06.160 own opinion second instead of blindly repeating what the left tells you let's listen to some of the

00:01:10.660 morning wire right now democrats in the house are attempting to remove a decades-old law that blocks

00:01:16.420 federal money from funding abortions a subcommittee in the house approved spending legislation last week

00:01:22.140 that did not include two key amendments related to abortion here to tell us more is daily wire's

00:01:27.760 charlotte pence bond morning charlotte hi john so tell us about these two amendments why are they so

00:01:34.260 significant well the hyde amendment first passed in 1976 essentially bans the use of federal funding

00:01:41.040 for abortion services with some exceptions including abortions that are done when a mother's life is in

00:01:46.600 danger or in the case of rape or incest the lesser known weldon amendment effectively does the reverse

00:01:52.980 it prohibits federal funding from going to programs that discriminate against entities that don't

00:01:58.560 provide abortion services so in other words it protects pro-life organizations so the hyde amendment

00:02:04.680 blocks federal funds from going to abortion and the weldon amendment protects pro-life groups from

00:02:09.820 discrimination right and neither of those are included in the spending bill not in its current form although

00:02:16.380 it does include language regarding abortion and some republicans like representative ashley

00:02:21.540 hinson are pushing back hard i rise today in support of the women who need encouragement

00:02:26.220 to choose life not coercion to end it i rise today in support of the american taxpayer who does not want

00:02:34.700 to pay for elective abortions with their hard-earned money and does this move have support from the white 1.00

00:02:40.940 house it appears so president biden's proposed 2022 budget would also get rid of the hyde amendment

00:02:47.580 president biden was actually in favor of the amendment throughout most of his time in politics

00:02:52.300 but during his 2019 campaign he shifted his position after being criticized for supporting hyde

00:02:58.380 he changed his view pointing to republican state legislatures passing pro-life laws as a reason

00:03:03.900 he said that he believed health care is a right and could quote no longer support an amendment that makes that

00:03:10.180 right dependent on someone's zip code what about voters do americans support federally funding abortions

00:03:16.880 polls say no a recent poll by maris found that a majority of americans 58 percent oppose taxpayer funding of

00:03:25.500 abortion this seems to be consistent with previous years harvard found in 2016 that only 36 percent of

00:03:33.400 likely voters were in favor of medicaid-funded abortions what's the democrats argument for getting rid of hyde

00:03:39.660 well they say it hurts low-income women rosa delauro a member of the committee that pushed the bill 0.98

00:03:45.940 said she knows a lot of lawmakers on the other side of the aisle are concerned about it but she said

00:03:51.520 quote repealing the hyde amendment is the best thing we can do to support our mothers and families

00:03:56.560 and help prevent rather than penalize unwanted pregnancies and later riskier and more costly abortions

00:04:03.400 on the other side senate minority leader mitch mcconnell said last week that senate republicans

00:04:08.540 would continue to stand up for the conscience rights of millions of americans who don't want

00:04:12.980 their money going to abortion providers so a hard stance on both sides what's next well the house still

00:04:19.740 has to vote on it and the senate will likely try to shut it down right but even if that happens

00:04:25.900 americans might see more democrat-led efforts to federally protect abortion especially since the supreme

00:04:32.100 court recently agreed to review a mississippi case that could potentially overturn roe versus wade

00:04:38.160 well we'll have to keep an eye on the capital thanks charlotte sure thing daily wire charlotte pence bond

00:04:45.540 as the economy continues to open up following covid lockdowns new data shows record-breaking

00:04:55.380 inflation rates and price increases on a variety of consumer goods here to tell us what's causing the

00:05:00.980 surge and how it could impact average american families is daily wire managing editor cabot phillips

00:05:05.980 cabot thanks for joining us happy to be here so let's review some econ 101 what is inflation

00:05:12.200 inflation is basically the decrease in purchasing power over time another way to think about it is

00:05:18.380 just too many dollars chasing too few goods so for example the labor department tracks the cost of

00:05:24.140 basic goods each month and found that in the past year prices are up more than five percent across the

00:05:29.180 board that's the largest annual increase since the great recession what's causing the spike in

00:05:34.320 inflation is this just fallout from covid yes and no a certain level of inflation is to be expected

00:05:40.540 during an economic recovery but covid relief spending has certainly played a role the government

00:05:45.780 essentially dumped six trillion dollars into the economy and that influx of cash means the dollar

00:05:50.420 just doesn't go as far but experts also point to other root causes like the fed's decision to

00:05:55.860 slash interest rates and supply chain shortages caused by covid shutdowns so a lot of factors at

00:06:01.180 work here yeah will this be noticeable to average americans like what kind of effects will people see

00:06:06.640 the most noticeable impact is just prices going up for a variety of goods for example the price of a used

00:06:12.780 car jumped 45 percent over the last year alone and much of that is due to inflation 45 percent yep that's

00:06:19.940 the largest annual increase on record food prices are also up the price of eating out rose at a faster

00:06:25.440 pace this month than any other since 1981 and if you try and eat at home to save money you're still

00:06:31.100 going to be dealing with rising costs meat prices are up over five percent in the last month and across

00:06:36.300 the board more broadly groceries are two and a half percent more expensive than last year what about

00:06:40.820 businesses how are they handling the price jumps some are simply raising prices but others are getting

00:06:46.260 creative oreos for example are now being sold in new containers that hold fewer cookies but cost the

00:06:52.440 same tillamook ice cream went that route as well they've quietly reduced their cartons from 56 to 48

00:06:57.920 ounces but again they're charging the same john is over here stockpiling oreos right now

00:07:02.800 that's not a bad idea john if you look closely you'll notice everything from smaller paper towel rolls to

00:07:10.280 fewer doritos in a bag it's all part of shrinkflation as experts call it so what should we expect will

00:07:17.540 this just keep getting worse it's hard to know economists are divided on this something gets

00:07:22.800 temporary and say inflation rates should taper off as the economy continues to recover here's president

00:07:28.320 biden earlier this week some folks have raised worries that this could be a sign of persistent

00:07:33.240 inflation but that's not our view our experts believe and the data shows that most of the price

00:07:40.320 increases we've seen are were expected and are expected to be temporary now others especially

00:07:46.420 those on the right are less optimistic they think increased government spending will continue

00:07:51.160 along with the fed's aggressive monetary policy which means prolonged inflation okay so we're not sure

00:07:58.080 how long this will last no fed chair jerome powell said he expects inflation to taper off shortly

00:08:03.840 but he's also been saying that for six months now so it's hard to know what to expect yeah well

00:08:10.220 you'll have to keep us updated thanks for coming on cabot yep anytime daily wire managing editor cabot phillips

00:08:17.020 so subscribe now to morning wire on apple podcast spotify and everywhere you listen to podcasts so

00:08:25.440 you don't miss a beat and if you like what you hear leave a five-star review and help point fellow

00:08:29.260 americans in the direction of the truth thanks for listening

00:08:31.840 you

The Matt Walsh Show - July 21, 2021

Daily Wire’s New Morning News Podcast

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