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Offline with Jon Favreau

Is a $16 McDonald’s Order Going to Elect Trump?

Offline with Jon Favreau

Crooked Media

Society & Culture, News

4.72K Ratings

🗓️ 3 December 2023

⏱️ 51 minutes

🧾️ Download transcript

Summary

Jeff Stein, White House economics reporter at the Washington Post, joins Offline to talk about the $16 McDonald’s meal that captivated the internet—and whether Bidenomics is to blame. Conservative media outlets sunk their teeth into the story a few weeks ago, so Jeff and Jon dig into the burger narrative to examine today’s economy: why, amid stagnating inflation and a hot job market, do voters still disapprove of President Biden’s handling of the economy? Is social media painting a bleaker picture than the statistics report? And is this economic disconnect the biggest challenge facing Biden’s re-election?

Transcript

Click on a timestamp to play from that location

0:00.0

I feel like a perfect meme of the economy would be like Ben Affleck like with cigarette

0:04.0

like looking sad like coming out from Duncan with like an overpriced coffee.

0:08.0

This would be my followed story.

0:10.0

That's good. I like that.

0:11.0

I'm John Favreau.

0:12.5

Welcome to offline.

0:17.4

Hey everyone, Max is on the road this week,

0:19.6

so we're going to get straight to the interview,

0:21.5

and it's a good one. Our guest this week is Jeff Stein, an

0:24.7

economic reporter at the Washington Post and I'm talking to him about a recent piece

0:28.8

he wrote with Taylor Lorenz that's caused quite a stir partly partly because of the headline, which is,

0:34.3

the viral $16 McDonald's meal that may explain voter anger at Biden.

0:39.3

If you missed it, a couple weeks ago, conservative media jumped all over a nearly year old

0:44.8

Tik-talk in which an influencer posted his receipt of a McDonald's order, a burger, fries, and a drink that

0:50.6

cost $16. Their argument, of course, is that the high price is Joe Biden's fault.

0:57.0

And of course, the actual story of the economy is more complicated.

1:01.0

Which is where Jeff and Taylor's piece comes in. They try to figure out

1:04.6

why voters still disapprove of President Biden's handling of the economy, even though a lot of

1:10.0

the economic indicators are relatively good. One argument they unpack is that, quote,

1:15.3

the digital world is painting a bleaker picture than the statistics report. I know, shocking.

1:21.1

But I still think there's more to the story than

1:23.9

Tik-Tocker's trash-talking the economy for clout. So I invited Jeff on to talk about the

...

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