What About That Biden Economy
The Hartmann Report
Thom Hartmann
4.5 • 1.3K Ratings
🗓️ 27 March 2024
⏱️ 59 minutes
🧾️ Download transcript
Summary
Guest Interview: Michael Tomasky, Editor of The New Republic. Over the past year, Team Biden has been conducting war games, crafting complex legal strategies, and devoting extensive resources to prepare for, as one former senior Biden administration official puts it, “all-hell-breaks-loose” scenarios. Geeky Science! Can not getting enough sleep age you? Also, How Fox News is one of our top threats. Federal trial attorney Sabrina Haake explains.
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Transcript
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| 0:00.0 | This is the Tom Hartman program. |
| 0:15.0 | On the line with us is Michael Tammaski, he's the editor of the New Republic, New |
| 0:19.7 | Republic.com. If you don't subscribe, you you should it's a great publication and he's he |
| 0:25.9 | just he wrote this piece yesterday it's the Biden versus Trump economy and |
| 0:29.2 | hell no it's not even close that just I thought this was just so brilliant I want to really highlight |
| 0:34.8 | it for all of you Michael welcome to the program tell us about the he you open your |
| 0:39.0 | article by saying I'm going to tell you something that I'm pretty sure you don't |
| 0:42.2 | know what is that? |
| 0:44.0 | Oh gosh, I don't even remember now, but... |
| 0:47.0 | Well, it was that for the first time wage growth is consistently stronger in the middle and |
| 0:51.7 | the bottom than at the top. |
| 0:53.8 | That's right, yeah, and that the guy goes on to say that wage growth, people's |
| 1:01.7 | purchasing power now is greater than it was during the Trump |
| 1:05.0 | presidency and and and greater that it might have been even if even if pandemic hadn't |
| 1:10.5 | happened and you did these other hypothetical exercises. So in other words Democratic not saying, and I point this out in the piece, Tom, you can't grab people by the lapels and |
| 1:25.1 | say, but the economy is good, you know, you have to meet people where they are, but at some point, |
| 1:30.9 | the numbers are the numbers, and the numbers have to tell us something and |
| 1:34.7 | the numbers are good and then I go through that opening vignette is from a study, a recent study by three respective economists, and then I go through those numbers and some other numbers to compare the two. |
| 1:50.0 | And, you know, I mean, I understand inflation. I feel inflation myself. I notice the difference when I go to the grocery store and a basket that used to cost 130 is now 190. |
| 2:01.0 | So, you know, I noticed these things and it's very real and I don't want to say it's not real. |
| 2:08.1 | But other aspects of the performance of the American economy under Joe Biden have been just great. |
| 2:16.0 | And there's a lot for him bread about. |
... |
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