Obamacare Marketplace Is Failing, Eurasia's Lieber Says
Bloomberg Surveillance
Bloomberg
3.8 • 1.2K Ratings
🗓️ 18 July 2017
⏱️ 60 minutes
🧾️ Download transcript
Summary
Jon Lieber, Eurasia Group's director of U.S. practice, says the federal government will have to step in as the Obamacare marketplace fails. Prior to that, John Silvia, Wells Fargo's chief economist, says there's an imbalance in U.S. economic policies. Jonathan Miller, CEO of Miller Samuel, says credit hasn't normalized for mortgage lendings. Finally, Bloomberg Businessweek's Joshua Green discusses Steve Bannon's influence on power, the thinking behind Trump's actions and the state of U.S. political parties.
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| 0:36.7 | Discover opportunities in a transforming world, B of A.M.com slash VR, Merrill Lynch, Pierce, Fenner, and Smith, Incorporated. Welcome to the Bloomberg Surveillance Podcast. I'm Tom Keene with David Gura. Daily we bring you insight from the best of economics. |
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| 1:20.0 | We begin this morning with John Sylvia. he's the chief economist at Wells Fargo joins |
| 1:22.8 | here in our Bloomberg 1130 studios in New York. |
| 1:25.7 | And I mentioned those bank earnings just a moment ago. |
| 1:27.6 | Let me read from what Brian Moynihan wrote in his statement accompanying Bank of America's |
| 1:31.8 | earnings just a few moments ago. |
| 1:33.0 | Against modest economic growth of 2%. |
| 1:35.0 | We had one of the strongest quarters in our history. |
| 1:39.0 | Let's talk a bit about growth here. |
| 1:41.0 | Certainly the administration is talking about it still holding firm to the |
| 1:43.5 | fact that we're going to get to three or four percent growth in light of what we've |
| 1:46.6 | seen with health care last night in light of what's going on or not going on in |
| 1:49.9 | Washington what's your sense of where things are headed when it comes to growth here in the U.S? |
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