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Stay Tuned with Preet

Has the Economy Turned a Corner? (with Greg Ip)

Stay Tuned with Preet

Vox Media Podcast Network

News, Society & Culture, Politics, Government

4.832.4K Ratings

🗓️ 17 August 2023

⏱️ 69 minutes

🧾️ Download transcript

Summary

Greg Ip is the chief economics commentator at The Wall Street Journal and has reported on the economy for decades. He and Preet discuss the likelihood of a US recession, whether inflation will stay contained, and President Biden’s strategy to stimulate growth by targeting specific industries integral to the economy. Plus, Attorney General Merrick Garland has appointed David Weiss as special counsel to continue overseeing the Hunter Biden investigation, and prosecutors press for a “speedy trial” in Donald Trump’s January 6 case.  To listen to the free full episode of CAFE Insider about Trump’s 4th indictment out of Georgia, head to: cafe.com/georgia Don’t miss the Insider bonus, where Preet and Ip discuss the need for better economic literacy. To listen, try the Cafe Insider membership for $1 for the first month at: cafe.com/insider.  For show notes and a transcript of the episode head to: https://cafe.com/stay-tuned/has-the-economy-turned-a-corner-with-greg-ip/ Tweet your questions to @PreetBharara with the hashtag #AskPreet, email us your questions and comments at staytuned@cafe.com, or call 669-247-7338 to leave a voicemail. Stay Tuned with Preet is brought to you by CAFE and the Vox Media Podcast Network. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Transcript

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0:00.0

From Cafe and the Vox Media Podcast Network, welcome to Stay Tuned.

0:06.0

I'm Pete Barara.

0:08.0

You know, as Kane said, when the facts change, I change my mind.

0:11.0

And I see this positive combination of events.

0:14.0

And I think now maybe the probability of a recession is only say 50%.

0:18.0

But why isn't it lower?

0:23.0

That's Greg Ipp.

0:25.0

He's the chief economics commentator at the Wall Street Journal

0:28.0

where his sharp and insightful analysis illuminates what can often feel like a foggy economic landscape.

0:34.0

He joins me to shed light on some of the biggest questions about our economic outlook.

0:38.0

Like, is the US actually headed for a recession?

0:41.0

We also discuss President Biden's strategy to stimulate growth across industries

0:45.0

why higher prices may be sticking around longer than anticipated

0:48.0

and the post-pandemic shifts in our work culture.

0:51.0

That's coming up.

0:52.0

Stay tuned.

0:58.0

Now, let's get to your questions.

1:01.0

As you might imagine, we've gotten a lot of questions this week about Trump's fourth indictment,

1:12.0

this time by a grand jury in Georgia over his alleged attempts to overturn the results of the 2020 election.

1:18.0

So instead of trying to answer them all here, I wanted to direct you to a free, full length cafe insider episode

1:24.0

we recorded soon after the indictment was unsealed.

1:27.0

My co-host Joyce Vance and I broke down the charges against the former president

...

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