Is the economy great again?

Today, Explained

Vox

Politics, Daily News, News

4.3 • 10.3K Ratings

🗓️ 3 August 2018

⏱️ 20 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

The US economy is booming, unemployment keeps dropping, and the country is in the midst of one of the longest economic expansions in our history. Guest host Ezra Klein talks with economist Betsey Stevenson about what's driving this growth — and whether President Trump deserves credit for it. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Transcript

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0:00.0	Hello.
0:04.0	Bree!
0:05.0	Gotcha.
0:06.0	We did it!
0:07.0	We did.
0:08.0	Bree Uber is moving forward.
0:09.0	Yeah, that is.
0:10.0	They've designed new features to take this stress out of pickup and you can find out more
0:15.0	about them at uber.com slash moving forward.
0:17.0	I'm so happy to hear that news.
0:29.0	I'm Mr. Klein, filling in for Sean Ramas firm.
0:32.0	You've probably heard President Trump talking about the economy.
0:35.0	He is stoked.
0:36.0	And he's not the only one.
0:39.0	The report showed that the US economy, measured by the country's gross domestic product, grew at an annual rate of 4.1%.
0:48.0	The best readings since 2014, US markets are getting a big boost on this news.
0:53.0	The unemployment rate did take down. That's good.
0:55.0	It's a 3.9% from 4%.
0:57.0	That is the lowest we have seen since 2000.
1:00.0	Another 10th of a percentage point there.
1:02.0	And you've had the lowest unemployment rate since 1969.
1:05.0	Not quite there yet.
	...

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