It's the Economy, Stupid!
DSR's Words Matter
Riley Fessler
4.6 • 2.9K Ratings
🗓️ 29 July 2022
⏱️ 27 minutes
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| 0:00.0 | Hello Words Matter listeners. To celebrate the relaunch of the show, we are offering membership |
| 0:06.0 | in the DSR network for just $5 a month or a bargain at $50 per year. Membership gets |
| 0:12.5 | you access to bonus content at free listening, not just on a Words Matter, but other great |
| 0:17.0 | shows like Deep State Radio, which I'm also on. From time to time, the DSR Daily Brief, |
| 0:22.5 | next in foreign policy and more. To take advantage of this offer, all you have to do is go to |
| 0:27.5 | the DSR network dot com backslash buy. That's the DSR network dot com backslash buy. Thank you |
| 0:34.6 | and hope to see you on our membership site. |
| 0:43.1 | This is Words Matter with Norm Ornstein. A lot of the dynamic here is forces beyond Americans |
| 0:52.1 | to control and beyond the president's control. And Dr. Kavita Patan. This should be a unicorn |
| 0:59.4 | to Norm, a unicorn. Welcome to Words Matter from the DSR network. Each week Kavita and |
| 1:05.9 | I will talk about the issues facing our country as we head into the midterms and what our |
| 1:10.9 | leaders are saying and doing about them. Today we're going to talk about a number of things |
| 1:17.0 | starting with the economy, moving to what could be a pretty dramatic move on the part of |
| 1:25.0 | Chuck Schumer, Joe Manchin and Joe Biden that could alter the political dynamic and substance |
| 1:33.0 | including of course climate change. And then we'll have a final segment for our members |
| 1:40.5 | about the Democrats and their strategy of targeting moderately placed Republicans and going |
| 1:48.3 | to boost the more radical ones. So recent polling has made it clear the economy is going |
| 1:54.6 | to be the number one issue heading into the election. Nothing particularly striking or |
| 1:59.6 | different about that. But of course we have big challenges. Yesterday while announcing |
| 2:06.4 | a pretty large 75 basis point increase in the Fed's main interest rate, here's how |
| 2:12.7 | the Fed chair Jerome Powell described what's happening in the economy. |
| 2:18.6 | Recent indicators of spending and production have softened. Growth in consumer spending |
... |
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