The economic issues bubbling up on the floor of the DNC
Marketplace All-in-One
Marketplace
4.5 • 1.4K Ratings
🗓️ 20 August 2024
⏱️ 7 minutes
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Summary
President Joe Biden’s victory lap at the Democratic National Convention last night included a lot of mentions of how far the economy has come from the depths of pandemic lockdowns. While there’s a lot to celebrate, the nation’s mayors have a message for convention-goers: Do more to address housing affordability. Plus, consumers are waiting for a rate cut to make big financial decisions, and AI is changing how we predict the weather.
Transcript
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| 0:00.0 | The Economic Issues Bubbling Up on the floor of the Democratic National Convention. |
| 0:07.0 | From Marketplace, I'm Sabrie Beneshore in for David Brancaccio. |
| 0:10.0 | President Joe Biden's victory lap last night included a lot of mentions of how far the economy has come from the depths of pandemic |
| 0:17.4 | lockdowns and massive job losses. |
| 0:19.4 | And while there's a lot to celebrate, the nation's mayors have a message for convention |
| 0:24.3 | goers. Do more about housing affordability or the lack thereof. Marketplace's |
| 0:29.1 | Nova Safo has more. The U.S. economy continues to grow. The job market is resilient and |
| 0:34.7 | inflation is coming down. Still many Americans are in a sour mood. The |
| 0:39.5 | dozens of mayors visiting the Democratic National Convention this week as they did the |
| 0:43.7 | Republican one think there is a winning formula to brighten that mood. At the top of |
| 0:49.1 | that list is housing. It is the leading issue that American mayor cite when talking |
| 0:56.6 | about the big challenges facing their cities. |
| 0:59.6 | Columbus Mayor Andrew Ginther spoke at a news conference as convention goers flowed in and out of |
| 1:04.6 | meetings. |
| 1:05.6 | The next administration and Congress must pass the largest and most comprehensive investment legislation in housing in American history. |
| 1:17.0 | That could be tough as federal deficits and debt grow to help pay for promises already made the Harris campaign says the |
| 1:24.7 | vice president wants to hike the corporate tax rate from its current 21 to 28 percent |
| 1:30.2 | partially rolling back Trump-era cuts. |
| 1:33.0 | There's too much of a burden on working people in this country. |
| 1:38.0 | That's Brandon Johnson, the mayor of Chicago. |
| 1:41.0 | It says Harris's proposals like helping first-time homebuyers should cheer voters. |
| 1:45.7 | The good news is the message already exists. |
... |
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