Swamp Notes: Is it the economy, stupid?
FT News Briefing
Forhecz Topher
4.4 • 1.3K Ratings
🗓️ 10 February 2024
⏱️ 12 minutes
🧾️ Download transcript
Summary
For decades, common political wisdom has held that Americans vote based on their satisfaction with the economy. But even as the US economy booms, with persistently low unemployment and wage growth outpacing inflation, President Joe Biden’s approval rating continues reaching record lows. The FT’s Rana Foroohar and James Politi join this week’s Swamp Notes to explain why.
Mentioned in this podcast:
What if it’s not the economy, stupid?
Why Biden gets little credit for a strong US economy
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Swamp Notes is produced by Jake Harper, Sonja Hutson, Lauren Fedor, Marc Filippino and Ethan Plotkin. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley.
Read a transcript of this episode on FT.com
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Transcript
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| 0:00.0 | The F.T. News briefing is supported by Equinor. |
| 0:04.0 | The UK's energy partner. |
| 0:06.0 | Learn more at equinor. |
| 0:09.0 | UK. |
| 0:10.0 | The American economy is booming. |
| 0:15.0 | Inflation is down, jobs are up, and the S&P 500 is continuing its joyride. |
| 0:21.2 | And that must mean that voters are feeling pretty good about President Joe Biden, right? |
| 0:26.0 | Right? |
| 0:28.0 | Right? |
| 0:29.0 | This is Swamp Notes, the weekly US politics podcast from the F.T. |
| 0:32.4 | News Briefing, where we talk about all of the things happening. the weekly |
| 0:33.0 | we talk about all of the things happening in the |
| 0:35.2 | 24 US presidential election. I'm Mark Filipino and this week we're talking |
| 0:39.8 | about the issues that will define the election and whether the U.S. economy is one of them. |
| 0:44.9 | Here with me today is James Pledee, he's our Washington Bureau Chief. |
| 0:48.0 | Hi James. |
| 0:49.0 | Nice to be here. |
| 0:50.0 | I'm Mark. |
| 0:51.0 | And I'm also joined by Ronofaruhar. |
| 0:52.4 | She's our global business columnist and she writes our |
| 0:54.4 | Swamp Notes newsletter with Edloose. |
| 0:56.3 | Hi Rana. |
... |
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