#LANCASTERCOUNTY: THE ECONOMY IS NEITHER GOOD NOR BAD. Jim McTague, former Washington Editor, Barrons. @MCTagueJ. Author of the "Martin and Twyla Boundary Series." #FriendsofHistoryDebatingSociety
The John Batchelor Show
John Batchelor
4.5 • 2.8K Ratings
🗓️ 22 June 2024
⏱️ 9 minutes
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#LANCASTERCOUNTY: THE ECONOMY IS NEITHER GOOD NOR BAD. Jim McTague, former Washington Editor, Barrons. @MCTagueJ. Author of the "Martin and Twyla Boundary Series." #FriendsofHistoryDebatingSociety
https://www.advisorperspectives.com/dshort/updates/2024/06/14/michigan-consumer-sentiment-june-2024-preliminary-report
1940 Allentown
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| 0:00.0 | This is CBS Island in the world. I'm John Bachelor. The American economy from the point of view of Lancaster County, Pennsylvania, the best county and the best state in the union. |
| 0:10.0 | And when last we left, Jim McTague, traveling man, former Washington editor of Burns magazine, |
| 0:15.8 | he was in Sure Irville, Indiana, attending a family event, a wedding, and all was well in |
| 0:22.4 | the kingdom by the sea. Everyone was working there was |
| 0:26.3 | lots of lots of beautiful smiles and Indiana never looked better. Jim, since you attended your wedding |
| 0:35.0 | and you've returned to Lancaster, |
| 0:36.0 | what did you see that evening and in route back |
| 0:40.0 | are people still spending? |
| 0:41.0 | Good evening to you, Jim. |
| 0:42.0 | Good evening, you, Jim. |
| 0:42.6 | Good evening, John. |
| 0:44.0 | One quick note at my daughter's reception at Cedar Lake, |
| 0:47.8 | my brother-in-law who is a candy broker |
| 0:50.6 | complain that I'm too optimistic that his company is making less money than it did last year and his wife who is a high-end cheese broker, you know, the gourmet |
| 1:00.8 | Jesus, she's complaining about the same thing but I get to the airport |
| 1:06.4 | I'm sitting next to a utility executive and he's complaining to one of the companies |
| 1:14.8 | management's about they're not investing enough money in the |
| 1:17.9 | technology for customer interface and that they're |
| 1:21.7 | getting terrible customer interface because they're being too cheap. |
| 1:25.9 | And I used artificial intelligence to figure out who he was, who he was talking to and which energy |
| 1:30.8 | company it was. But so there's a huge company that's cutting back on capital expenditures. |
| 1:36.5 | I get back to Lancaster County and it's more of the same. |
... |
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