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The John Batchelor Show

#LancasterReport: Everything booming in Indiana. Jim McTague, former Washington Editor, Barrons. @MCTagueJ. Author of the "Martin and Twyla Boundary Series." #FriendsofHistoryDebatingSociety

The John Batchelor Show

John Batchelor

Society & Culture, Arts, News, Books

4.52.8K Ratings

🗓️ 15 June 2024

⏱️ 9 minutes

🧾️ Download transcript

Summary


#LancasterReport: Everything booming in Indiana. Jim McTague, former Washington Editor, Barrons. @MCTagueJ. Author of the "Martin and Twyla Boundary Series." #FriendsofHistoryDebatingSociety
https://www.washtimesherald.com/news/data-centers-are-choosing-indiana-is-the-state-s-electricity-supply-ready/article_4176554e-28b8-11ef-acbf-2f70ae3ee26e.html

1910 BETHANY PARK INDIANA

Transcript

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0:00.0

I'm John Bachelor. Jim McTague, former Washington editor of Barron's magazine, on the road.

0:06.1

He's now in Indiana. We're going to get him there via B. W.I. and Midway Airfield and everything

0:12.2

in between, because the Federal Reserve has hesitated

0:16.0

one more time to lower interest rates, the highest cost of borrowing money in

0:19.8

more than two decades. However, the expectation is there is a slowdown in some

0:24.7

fashion, a slowdown in inflation, a slowdown in employment, a slowdown in

0:29.9

confidence, that's the assumption expectation.

0:33.7

However, Jim, a very good day to you, you're in Sureville, Indiana.

0:38.8

You got there via B. W.I. at Midway Airfield. What did you see about the spending of Americans it flying from

0:47.0

from Maryland to Illinois and then driving to Indiana.

0:52.8

Good day to you, Jim.

0:54.8

Good day, John.

0:56.0

You know, I see strong spending and an uptick in great thing.

1:00.7

It's funny, I got on the plane, a Southwest plane in BUI, and some of my fellow passengers

1:07.9

were 200 African American members, senior citizens of the Salem Baptist Church from Chicago that they

1:16.0

had been touring Washington DC the sites. They're very typical of the seniors I see in Lancaster County, Pennsylvania.

1:25.0

Hey, we are spending our Social Security money on travel and fun. I talked to one of the travelers Clyde.

1:31.0

He worked in a hospital for 37 years he's been all over the world I mean he's he's

1:36.8

not sitting still so so there's a you know the senior population regardless of your color are doing well when I got

1:45.7

into Chicago I took the shuttle bus to the car rental and the shuttle bus driver was complaining

1:51.7

to me he said the taxes in Chicago are too high and they're

1:56.0

jacking up the cost of everything. He complained about gas in Chicago which is

...

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