Checks and Balance: Growth states
Economist Podcasts
The Economist
4.3 • 5K Ratings
🗓️ 15 March 2024
⏱️ 50 minutes
🧾️ Download transcript
Summary
It’s not long since America was widely thought to be on the brink of recession. Instead the economy expanded by 3% in 2023, and continues to defy expectations. But why aren’t voters happier with Joe Biden’s economy?
John Prideaux hosts with Charlotte Howard and Idrees Kahloon. They’re joined by The Economist’s Simon Rabinovitch and Neale Mahoney, professor of economics at Stanford University.
Thank you to the William J. Clinton Library and the UVA Miller Center for some of the audio used in this episode.
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Transcript
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| 0:00.0 | Hello and welcome to Checks and Balance. You're listening to a free episode. To listen every week, |
| 0:05.9 | you'll need to be a subscriber. To sign up to Economist Podcasts Plus, please click the link in the show notes, |
| 0:12.1 | or just search Economist Podcasts. |
| 0:18.1 | In a world of seismic change, will your business shape the future or be shaped by it? |
| 0:23.6 | How will we capture the imagination of tomorrow's consumers? |
| 0:28.6 | Overcome operational constraints to focus on future growth |
| 0:33.6 | and unlock economic and social prosperity through environmental responsibility. |
| 0:39.3 | With EY's full spectrum of services across sectors, we're all in to shape the future with confidence. |
| 0:45.3 | Start your transformation journey at EY.com slash transformation. |
| 0:58.6 | The economy The Economist Made of metal, normally aluminium more steel |
| 1:04.8 | and shaped like a bucket with a close-fitting lid and a handle. |
| 1:08.9 | Dinner pails were slightly cumbersome things, but they were insulated, |
| 1:12.6 | so American workers' lunches would still be hot when it came time to eat. They were common around |
| 1:19.1 | the turn of the century when President William McKinley was seeking re-election. In 1900, the economy was |
| 1:25.3 | booming, and McKinley wanted to make the most of this to shore up |
| 1:28.6 | the Labour vote. He turned to the humble pail to illustrate how good Americans and their |
| 1:33.8 | stomachs had it. Four more years of the full dinner pail adorned posters, buttons and cartoons. |
| 1:42.4 | He won the election easily. |
| 1:47.9 | Joe Biden is hoping that a surprisingly strong economy will carry him to four more years in office. |
| 1:51.0 | So far, voters don't seem to be buying it. |
| 1:55.8 | With 235 days to go until the 2024 election, |
| 2:00.0 | I'm John Priddo, |
... |
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