Paul Krugman on the Economy as a Voting Issue

Matter of Opinion

New York Times Opinion

Society & Culture, Ross Douthat, News, New York Times, Journalism

4.2 • 7.2K Ratings

🗓️ 23 February 2024

⏱️ 36 minutes

🔗️ Recording | iTunes | RSS

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Summary

Why does the economy look so good to economists but feel so bad to voters? The Nobel laureate economist Paul Krugman joins the hosts to discuss why inflation, interest rates and wages aren’t in line with voters’ perception of the economy. Then, they debate with Paul how big of an influence the economy will be on the 2024 presidential election, and which of the two presumed candidates, Joe Biden and Donald Trump, it could benefit. Plus, Ross's lessons on aging, through Michael Caine impressions.

Transcript

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0:00.0	Hey Paul.
0:01.0	Welcome, Paul.
0:02.0	Thanks for doing this.
0:03.0	It should be fun.
0:04.0	You say that now.
0:07.0	Now now, Ross, behave yourself.
0:09.0	Be nice to the guests, please Ross.
0:10.0	Yeah.
0:11.0	There's just mild hazing involved.
0:13.0	From New York Times opinion, I'm Michelle Cottle.
0:18.0	I'm Ross Dauthit.
0:20.0	I'm Carlos Lozada.
0:21.0	And this is matter of opinion.
0:23.0	And this is matter of opinion. So our beloved Lydia is out, but we have drafted an extra special guest to help us out this
0:40.4	week.
0:41.4	We've been talking a lot about big issues at play in this year's
0:44.5	presidential election and today by God we're going to try to understand what
0:48.6	exactly is going on with the economy. Are we headed into a recession?
0:53.8	Are we just having what all the cool kids call a vibe session?
0:57.7	What's driving public feelings about the situation?
1:01.0	And do those feelings favor Joe Biden or Donald Trump?
1:05.0	Now, we'll get to politics later, but first, our Times colleague, the Nobel Prize winning economist Paul Crockman has graciously agreed to step in and help everyone,
	...

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