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The Politics Guys

Trump vs The Fed, Compulsory Voting, Underreported Bipartisanship, Hidden Tribes

The Politics Guys

Michael Baranowski

Politics, News

4.5772 Ratings

🗓️ 5 December 2018

⏱️ 36 minutes

🧾️ Download transcript

Summary

Will and Mike open the show with an analysis of President Trump’s criticism of Fed Chair Jerome Powell. As part of the discussion, they walk through the role of the Fed and the differences between fiscal and monetary policy. They agree that Trump’s politicization of the Fed is potentially problematic for both the short and long-term. Next is listener mail, where Will and Mike answer questions regarding compulsory voting and the media's lack of focus on bipartisanship in American politics. Lastly, Mike talks about an extended profile of Nancy Pelosi he says is worth checking out as well as a 'Hidden Tribes ideology quiz' that he and Will recently took. Will says that lately he’s been reading a lot about college football coach firings and the impact of diminished state funding for higher education on coach firing decisions. Listener support helps make The Politics Guys possible. If you’re interested in supporting the show, go to politicsguys.com/support. Support this podcast at — https://redcircle.com/the-politics-guys/donationsAdvertising Inquiries: https://redcircle.com/brandsPrivacy & Opt-Out: https://redcircle.com/privacy Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

Click on a timestamp to play from that location

0:00.0

Welcome to the politics, guys, a place for bipartisan, rational, and civil debate on American politics and policy.

0:04.9

I'm Will Miller, a political scientist, now employed as an associate vice president with campus labs.

0:09.2

And with me today is Michael Baranowski, a political scientist at Northern Kentucky University.

0:12.8

How you doing, Mike?

0:13.5

I'm doing well, but you, Will.

0:15.4

I'm doing well.

0:16.9

Obviously, it's been a fun political week, and I think we should just learn to expect that at this point.

0:23.2

But every week seems to bring new gifts to talk about.

0:25.5

Always something exciting.

0:26.3

Yeah.

0:26.6

You know, there are times, well, I got to say, where I wish we were like an English professor or math professors.

0:32.6

Because it's just keeping up can be exhausting.

0:35.3

But it's also, it's also pretty exciting.

0:39.0

It's been fun for me, especially this election season.

0:41.9

I travel around and talk to lots of campuses, and I always use the line that I'm a recovering political scientist and point out that there are times where I wish I was in a classroom, and there are times where I am so thankful I don't have to walk in and try to explain the world to people right now, which makes it a, you know, it's a love-hate relationship is what I'd say.

1:00.1

Absolutely.

1:01.0

And one of the stories I think we should talk about today, Mike, is one that, you know, I think flies under the radar a little bit.

1:08.0

And I think that's because it's difficult to understand looking

1:11.5

at fiscal and monetary policy and looking at the role the Fed plays in the U.S. economy and the

1:18.2

U.S. political system and what we see with what Trump's doing. And obviously, within the last

1:22.8

week, we've seen Donald Trump turn on his own Fed Reserve chairman that he had basically hand-selected

1:30.0

Jerome Powell. And the big concern that Trump seems to be having is that the Fed hiked short-term

...

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