Ask Nick Anything
Pitchfork Economics with Nick Hanauer
Civic Ventures
4.7 • 1.5K Ratings
🗓️ 15 February 2022
⏱️ 55 minutes
🧾️ Download transcript
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| 0:00.0 | Hi, Nick and Goli. When did you figure this out and would you have had to make any changes in your own business as a result? |
| 0:08.8 | They want to enact a tax on the unrealized capital gains of billionaires. I would love to hear your take on this issue. |
| 0:15.6 | And my question is, how is any form of union busting legal isn't one of our most fundamental rights the right to assemble. |
| 0:23.7 | Thank you for letting me leave my question. |
| 0:25.6 | I appreciate it very much, and I love this show. |
| 0:32.5 | From the home offices of civic ventures in downtown Seattle, this is Pitchfork Economics with Nick Hanauer, |
| 0:39.1 | the best place to get the truth about who gets what and why. |
| 0:48.9 | I'm Nick Hanauer, founder of Civic Ventures. |
| 0:52.4 | I'm David Goldstein, Senior Fellow at Civic Ventures. |
| 0:59.4 | Hey, Nick. It's been a long time since we have actually done a podcast and even longer since |
| 1:05.6 | we've done an AMA. That's right. And today will be the day to answer some listener questions. But in the meantime, |
| 1:13.8 | a little bit of economic news. What's interesting is going for the country anyway in general |
| 1:19.2 | so well. The economy added, at least the initial reports are 467,000 jobs in January, |
| 1:26.2 | even though Omicron was going crazy. And what's even more interesting, |
| 1:31.9 | Goldie, and I actually don't understand how they can be so far off, is that the early reports |
| 1:37.7 | from November, December that weren't that strong have now been revised way upwards. I can't |
| 1:43.8 | remember exactly what it is. I have the numbers in front of me. And I remember at the time how we were expecting these great job reports and they were coming in much lower. And there was all this kind of fear and loathing about what was happening with the economy because we were expecting this booming |
| 2:02.7 | economy and it didn't seem to be showing up in the jobs report in November they were expecting |
| 2:08.6 | 550,000 jobs be added only 249,000 were reported initially well that was just revised up to 647,000 jobs. So it beat expectations. |
| 2:20.8 | In December, again, they were expecting 400,000 jobs to be added. The initial report was only |
| 2:26.0 | 199,000. We're going backwards. And the revised report is 510,000 jobs added. That's 700,000 jobs that were initially missed in the |
| 2:38.7 | November and December reports. That's a lot. On its own, that would have been a decent jobs report |
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