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The Intelligence from The Economist

A cut above the West: America’s astounding economy

The Intelligence from The Economist

The Economist

Daily News, Global News, News

4.53.7K Ratings

🗓️ 18 April 2023

⏱️ 26 minutes

🧾️ Download transcript

Summary

Contrary to the groaning of both Republicans and Democrats, the economy is still the world’s largest. How has this success been sustained? We ask why choosing the wrong degree could leave you worse off than if you had never bothered at all. And our correspondent’s picks of the books that have been banned.


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Transcript

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0:00.0

Hello and welcome to the intelligence from the economist. I'm your host, Auré Ogambi.

0:10.6

Every weekday we provide a fresh perspective on the events shaping your world.

0:18.6

When you're done with school, higher education might feel like a logical next step, but

0:24.0

university has become pricier and by extension much more risky. Now a growing number of students

0:31.6

are asking if a degree really is worth it. And autocrats have long relied on censoring

0:40.4

literature to keep their people in check. Some reads have caused a stir in democratic

0:45.6

states too. We take a look at a number of books that have been banned across the world.

0:51.4

Let them, if you dare.

0:55.8

First up there.

1:04.2

If there's one thing that American politicians across the aisle agree on, it's that the economy

1:10.0

is broken. Donald Trump came into office promising to make America great again and throughout

1:16.1

Joe Biden's term, he's only been too happy to complain about the ailing health of the nation.

1:22.0

Incredibly we are now a failing nation. We are a nation in decline. And now these radical

1:30.1

left lunatics want to get to.

1:32.3

Mr. Biden has concerns too. And he's spending about $2 trillion trying to remake the economy

1:38.3

and his words trying to build back better.

1:41.5

I ran for president to fundamentally change things. To make sure our economy works for

1:45.8

everyone. So we can all feel that pride in what we do.

1:50.4

The building of the economy for the bottom up in the middle out.

1:55.2

The worries of course do not stop at the White House. Nearly four fifths of Americans

2:00.6

tell pollsters that their children will be worse off than they are. The most since surveys

2:05.1

of this sort began in 1990. But underneath all of this hand ringing lies a very different

...

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