4.6 • 4.1K Ratings
🗓️ 2 August 2025
⏱️ 40 minutes
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0:00.0 | This is the beat, and we begin here with a piece of the story we were just discussing and a lot more of the Epstein political meltdown, including what victims say is Donald Trump's betrayal and favoritism for pedophiles. |
0:15.3 | That's their words. I'm going to get to that. It's what might be the greatest peril of Trump's second term. |
0:20.2 | The economy economy we've |
0:20.9 | been discussing the Epstein uproar hitting a whole new pitch today because it's gone beyond |
0:24.8 | promises and talk and content and into coddling Epstein conspirators. So today we have an |
0:33.3 | extraordinary move. Donald Trump, as Stephanie Ruh and I were just discussing, firing the data |
0:39.8 | official who does these jobs numbers. Critics say it's an abuse of power. People involved in this |
0:45.0 | type of work, labor, finance, say they've never seen anything quite like this. And it all was |
0:50.1 | quite blunt. If you can say one thing about the second term that might be different than the first |
0:54.1 | is Donald Trump just does whatever he wants immediately. We don't see guard rails. We don't see a lot of |
0:58.8 | spin and we don't see the Washington game of them saying, well, wait till midnight, wait till Sunday. |
1:03.5 | Nope. Came right along with what was bad news for the Trump administration. Hours after this |
1:08.2 | tough jobs data, which shows hiring basically sharply slowing, |
1:13.4 | which means that's a bad thing because it's not the kind of job gains they wanted. And second, |
1:18.1 | a lot of concern and indicators that this could relate to Trump's policy. So it's not just bad |
1:22.8 | news. It's bad news partly caused by Trump. According to experts, we'll get into the details. |
1:27.5 | They fell short of the expectations. |
1:29.5 | And this is widely understood here. |
1:31.8 | It's summer. |
1:32.4 | Some people are busy. |
1:33.2 | Some people turn off the news. |
1:34.4 | But in finance, where this monthly jobs number is a big deal, it hit hard. |
... |
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