Latest / The David Pakman Show
8/12/25: Inflation highest in 6 months, layoffs highest in 5 years
-- On the Show:
-- Inflation rose sharply in July under Trump's economy, driven by tariffs causing prices to increase above the Fed's ideal range
-- Trump's firing of the Bureau of Labor Statistics head raises questions about the credibility and political influence on inflation and jobs data
-- Layoffs in the US surged to the highest level since the COVID pandemic, fueled by federal job cuts, tariffs, AI automation, and private sector downsizing
-- Trump's takeover of DC police and deployment of National Guard troops sparked protests and potential resistance from the Guard
-- Trump's strange…
The skinny
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