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Politics Theory Other

Macrodose - I want to be in America

Politics Theory Other

Politics Theory Other

News

4.8551 Ratings

🗓️ 8 February 2023

⏱️ 15 minutes

🧾️ Download transcript

Summary

On this week’s Macrodose, James Meadway breaks down: new figures that signal positive news for the US economy (0:48), how good news for the US might be bad news for the rest of the globe (6:09) and the recent record-breaking profits made by fossil fuel producers (10:55). You can register here (https://bit.ly/3YAtp5J) for a free ticket for the launch of The Cost of Living Crisis (and how to get out of it), a vital book James has co-authored with Doug Nicholls and Professor Costas Lapavitsas.

Transcript

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0:00.0

Before you listen to today's episode of Macrodose, just a quick word from me on the show's future.

0:06.2

PTO's partnership with Macrodose is coming to an end in a few weeks, but the show will very much be

0:10.8

continuing, so if you would like to still listen to James Medway's excellent weekly roundup

0:15.0

of all things economic, be sure to subscribe to Macrodose directly.

0:19.3

Just search for Macrodose wherever you listen to your podcasts to sign up,

0:22.4

and also do check out their Patreon page at patreon.com forward slash Macrodose,

0:28.3

where you can also access lots of bonus content.

0:31.6

You are now listening to Macrodose.

0:38.3

Hello and welcome to Macrodose. Macrodoze. Macrodoze Hello and welcome to Macrodose, a podcast hosted by me, James Meadway, that brings you your weekly fix of everything economics in a quick, 15-minute roundup.

0:48.3

Each Wednesday morning, we bring you the key stories making the news and the analysis you need to make sense of them.

0:53.3

On today's episode,

0:54.6

we'll be covering, first, as President Biden makes his annual address on the State of the Union,

0:59.8

we'll be taking a quick look at some new job figures that signal positive news for the US economy.

1:04.8

Second, we'll dig a bit deeper into asking why this good news for the US might be bad news

1:10.1

for the rest of the world.

1:11.6

And finally, I'll be covering the record-breaking profits for BP, Shell, ExxorMobil,

1:16.1

and any other fossil fuel producer, which have skyrocketed over the last year.

1:22.9

For a first story today, I wanted to take a quick look at some new data coming out of the United

1:27.5

States, as of last Friday, that shows a surprise wave of job growth and what it tells us about

1:32.6

future of the world's largest economy.

1:35.2

We're recording this episode just hours before Joe Biden is supposed to speak to the nation

1:39.8

at his annual State of the Union address, a yearly message delivered by the US President to a

...

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