4.7 • 2.2K Ratings
🗓️ 19 September 2024
⏱️ 36 minutes
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In poll after poll voters say economic issues top their concerns when it comes to this year’s vote. They worry about inflation, the price of housing, whether their family can afford the bill at the grocery store.
“Americans are going to want to know how each candidate will help them in their personal situations,” says Damian Paletta. He leads The Wall Street Journal’s coverage of Washington and says that the economy is strong, but on shaky ground, which has complicated Kamala Harris and Donald Trump's messaging around the economy and issues like inflation and taxes.
Paletta joins Diane to look at the economic proposals of Kamala Harris and Donald Trump, and break down what they would mean for our country – and your pocketbook.
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0:00.0 | Hi, it's Diane, on my mind, the role of the economy in this year's presidential election. |
0:14.0 | In poll after poll, voters say economic issues top their concerns |
0:20.4 | when it comes to this year's vote, they worry about inflation, the price of housing, |
0:27.0 | whether their family can afford the bill at the grocery store. |
0:32.0 | Americans are going to want to know how each candidate |
0:34.4 | will help them in their personal situation |
0:36.4 | and that's going to be possibly |
0:38.4 | the defining issue of this election. |
0:40.4 | That's Damien Palletta. He's Washington coverage chief for the Wall Street Journal. |
0:47.0 | He joins me to take a look at the economic proposals of both Kamala Harris and Donald Trump. Damien for a long time there was this big gap between how people felt about the economy and how the economy was really operating. |
1:18.0 | Does that gap still exist and how is the economy doing these days? |
1:25.0 | I would say we call it the disconnect here at the journal. |
1:29.0 | I would say that disconnect does still exist though it has narrowed a bit. |
1:32.0 | We see recently that some |
1:34.2 | consumer survey show that consumer sentiment about the economy has picked up |
1:38.9 | just in the past few months. People are feeling a little bit better about where their family sits, where their |
1:44.3 | household sits, what the outlook is for their company, which is a great sign. |
1:48.3 | Because when people feel better about their own personal situation, they tend to spend spend more money they tend to reinvest in the economy |
1:54.0 | the last thing you want is this negative feedback loop where people pull back and that hurts other companies |
1:58.8 | and you know then we see kind of a domino effect so we are starting to see the consumer sentiment |
2:04.8 | pick up a bit however you know there is still a lot of anxiety in the economy for |
2:10.2 | sure the economy is still the number one election issue, you know, no matter how much either |
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