3.6 • 681 Ratings
🗓️ 21 December 2023
⏱️ 11 minutes
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0:32.6 | Fox News Podcasts presents the Bread Bear Podcasts with Fox News Chief Political anchor Brett Bear. |
0:44.5 | There are historical actions that this president has taken that has shown the data shows that the economy is in a better place. |
0:52.5 | But I understand, we understand that americans don't |
0:54.8 | feel it right now that's why we're going to continue to talk about junk fees |
0:58.7 | making sure that that is not something that we deal with right making sure that |
1:02.5 | we're beating big farmer and lowering uh... drug costs for americans |
1:07.4 | white house press secretary talking about the disconnect let's talk about the |
1:10.6 | u s economy with austin goulby, president of the Federal Reserve Bank of Chicago. Austin, good evening. Thanks for coming. |
1:17.5 | Yeah, it's kind of you to have me back, Brad. You know, we just heard some of this, the White House trying to deal with this disconnect. Take a look at this. The economic gains under by don't the dow is up almost 20 percent |
1:28.2 | jobs added 9.9 percent hourly wage average 14 percent the new median home prices up 9.7 |
1:36.6 | percent but then look at this poll Biden economic policy impact has it helped you 14 percent |
1:49.9 | has it hurt you 46%. We've got this Fox poll that has these numbers. Have you been helped? I mean, that's a major, major difference. Austin, how do you explain that? |
1:58.0 | I don't know that I can explain it well and I try to avoid the political context of |
2:05.2 | that in the in the case of the Fed. As you know, the Federal Reserve Act gives the Fed a job |
2:11.2 | to maximize employment, stabilize prices. So if you look at the employment side of the numbers that you described, they've been |
2:19.6 | extremely strong. If you look at the inflation side while we saw improvement in 2023, they haven't |
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