4 • 2.7K Ratings
🗓️ 10 March 2025
⏱️ 25 minutes
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0:00.0 | We have oil and gas. |
0:01.7 | The royalties that we get helps our family, helps our children to go to school. |
0:06.8 | America's oil and natural gas strengthens communities. |
0:10.2 | Learn more at lightsonenergy.org, paid for by the American Petroleum Institute. |
0:17.5 | From the opinion pages of the Wall Street Journal, this is Potomac Watch. |
0:23.6 | Is the American economy headed toward a recession? |
0:27.7 | Signs are mixed, but concern is rising as Donald Trump's tariffs produce uncertainty among businesses and consumers. |
0:35.7 | That's our subject for today on Potomac Watch, the podcast to the Wall Street Journal opinion |
0:41.3 | pages. |
0:42.3 | I'm Paul as you go here with Mary Hogue Grady and Joe Sternberg. |
0:46.2 | So the economy was supposed to be Donald Trump's strong suit as markets soared after he |
0:51.5 | was elected in November, but that thrill is gone as markets have declined. |
0:57.6 | Stocks have given up their post-election gains. |
1:00.6 | Job market is holding up so far based on the February jobs report that came out Friday. |
1:05.9 | But consumer confidence is down and business survey cite uncertainty as a reason for being cautious about |
1:14.4 | capital investment. Let's listen to Donald Trump on Fox News on Sunday when he was asked about |
1:20.9 | whether a recession is coming. Are you expecting a recession this year? |
1:26.2 | I hate to predict things like that. |
1:28.3 | There is a period of transition because what we're doing is very big. |
1:33.3 | We're bringing wealth back to America. |
1:36.3 | That's a big thing. |
1:37.3 | And there are always periods of, it takes a little time. |
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