Is the Trump Economic Boom for Real?

Interesting Times with Ross Douthat

New York Times Opinion

New York Times, Journalism, News, Society & Culture, Ross Douthat

4.0 • 7.2K Ratings

🗓️ 9 May 2019

⏱️ 31 minutes

🔗️ Recording | iTunes | RSS

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Summary

How strong is the American economy — and how much credit should President Trump get for it? Ross Douthat, Michelle Goldberg and David Leonhardt disagree on where the boom is coming from and what it means for America's future. Then, as the president asserts executive privilege over the unredacted Mueller report while his administration fights congressional subpoenas, is a constitutional crisis inevitable? For background reading on this episode, visit nytimes.com/theargument.

Transcript

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0:00.0	I'm Michelle Goldberg.
0:01.2	I'm Ross Douthit.
0:02.4	I'm David Leonhardt.
0:03.8	And this is the argument.
0:06.2	This week is the economy enjoying a Trump boom?
0:10.0	They're obviously not experiencing this moment as a moment of easy money.
0:15.0	Then, constitutional crisis.
0:17.4	Are we headed for one?
0:18.8	There the ball is sort of in Congress's court.
0:21.3	And finally, a recommendation.
0:23.5	You do sort of crash land.
0:30.0	The unemployment rate has fallen to its lowest level in 50 years.
0:37.3	Wages are rising at a nice clip.
0:39.7	So how much credit does the Trump administration deserve for all of this?
0:43.6	Michelle, you should go first this week because you have a somewhat counterintuitive view.
0:47.8	You think there's actually a connection between a piece of good news and a piece of Trump
0:52.0	administration policy.
0:54.0	What is it?
0:55.0	I think it's basically that just as kind of nobody but Trump could get away with bending
1:01.4	over backwards to a piece North Korea, Trump has gotten the Republicans, as all the Republican
1:07.4	presidents have as well, to agree to tons of spending and huge deficits.
1:13.0	Our colleague, Paul Krugman, has a column titled Donald J. Canes.
	...

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