(2012/09/05) Misdirecting the economy (Economics)
Best of the Left - Leftist Perspectives on Progressive Politics, News, Culture, Economics and Democracy
Jay Tomlinson
4.5 • 3.4K Ratings
🗓️ 5 September 2012
⏱️ 71 minutes
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Summary
Edition #640
Misdirecting the economy
Ch. 1: Intro - Theme: A Fond Farewell, Elliott Smith
Ch. 2: Act 1: Democrats Beat Republicans on 11 of 12 Economic Indicators- David Pakman - Air Date 8-17-12
Ch. 3: Song 1: Wax & Wire - Loch Lomond
Ch. 4: Act 2: Wall Street-er's BS Plan To Privatize the US Postal Service - Majority Report - Air Date: 07-26-12
Ch. 5: Song 2: The Letter - The Box Tops
Ch. 6: Act 3: Scary Figures Of Misinformation - Counterspin - Air Date 8-24-12
Ch. 7: Song 3: Tell me a lie - Griffin House
Ch. 8: Act 4: Pew: Middle Class Is Screwed - The Young Turks - Air Date: 08-26-12
Ch. 9: Song 4: Razorwire - Chris Priest
Ch. 10: Act 5: Man who killed Glass/Steagall says it's time to bring it back - Jimmy Dore - Air Date 8-3-12
Ch. 11: Song 5: If the world crashes down - Enrique Iglesias
Ch. 12: Act 6: Obama's Hard Case on the Economy - The Progressive - Air Date: 8-24-12
Ch. 13: Song 6: Fall down - Toad the Wet Sprocket
Ch. 14: Act 7: Paul Ryan Is a Randian Not a Fiscal Conservative - Rachel Maddow - Air Date 8-14-12
Ch. 15: Song 7: Don't talk - 10,000 Maniacs
Ch. 16: Act 8: Paul Ryan (Absurdly) Blames Obama For S&P Downgrade - The Young Turks - Air Date: 08-31-12
Voicemails:
Ch. 17: How Regan used religion to turn Africa against homosexuality - Max from Davis, CA
Ch. 18: Thoughts on Catholics denouncing pedophiles in their ranks - John From Reno
Ch. 19: The need for more atheists - Jason from the cornfields of Iowa
Ch. 20: Comparing black and female burden - Stacy from San Francisco Bay Area
Leave a message at 206-202-3410
Voicemail Music:
Loud Pipes - Ratatat
Ch. 21: Final comments asking for input on activism updates to promote on the show
Produced by:
Jay! Tomlinson
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Transcript
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| 0:00.0 | This program is made possible by the members and donors to the show. |
| 0:05.6 | For details, visit the membership tab at BestOfTheLeft.com. |
| 0:08.8 | Now, welcome to the award-winning BestOfTheLeft podcast with clips today from the David Pakman |
| 0:12.5 | show, The Majority Report, CounterSpin, The Young Turks, The Jimmy Doar Show, The Progressive |
| 0:17.1 | and The Rachel Maddo Show. |
| 0:18.6 | And a note for our middle-class listeners, The Best Parts of today's show were distributed |
| 0:22.2 | directly to the super wealthy, and we hope you enjoy sharing what's left over. |
| 0:30.0 | Bulls Bears and The Ballot Box is written by Lou Goldfarb and Bob Dietrich, okay? |
| 0:35.6 | And the book looks at 12 indicators of the economy, including the deficit, months in recession, |
| 0:42.4 | stock market performance, a number of different things to look at how American presidents |
| 0:46.2 | have performed over the last 80 years. |
| 0:49.0 | Now for years, I've been doing my own analyses of stock market performance and job growth |
| 0:54.5 | versus contraction, comparing when there is a Democrat in the White House versus when there's |
| 0:59.8 | a Republican, and the Democratic numbers blow the Republican numbers out of the water. |
| 1:04.6 | On stock market performance, almost tripling stock market performance annualized, and on |
| 1:09.6 | job growth as well. |
| 1:10.6 | And many less years in the White House, Democratic presidents able to produce many million |
| 1:15.6 | more jobs than Republicans. |
| 1:17.6 | This book seems to agree, Lewis. |
| 1:19.3 | Well, okay, you were right. |
| 1:21.9 | Yeah, out of these 12 factors that Goldfarb and Dietrich look at, under 11 of these economic |
| 1:27.6 | indicators, Democratic presidents beat Republicans. |
... |
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