Why Are We So Divided? 10/03/24

Squawk Pod

CNBC

Business News, Investing, Business, News

4 • 494 Ratings

🗓️ 3 October 2024

⏱️ 32 minutes

🔗️ Recording | iTunes | RSS

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Summary

As dock workers enter their third day of strikes, Sen. Shelley Moore Capito, (R) West Virginia, member of the Commerce Committee, says Pres. Biden should invoke the Taft-Hartley Act to end the strikes. Plus, CNBC’s Sharon Epperson discusses a new poll that finds that 50% of adults say the outcome of the presidential election will directly impact their personal finances. Financial analysts tell Epperson that people should have a financial planning framework no matter the election outcome. If you're looking for an advisor to help develop a framework and long-term plan, check out CNBC's 6th annual Financial Advisor 100 list, recognizing the top firms in the country. Also, Columbia Business School Professor Michel Morris discusses his new book “Tribal,” which tackles why we are so divided and how tribalism impacts politics, the C-suite, college campuses, and more. Sharon Epperson - 12:43 Sen. Capito - 16:51 Michael Morris - 25:09 In this episode: Sharon Epperson, @sharon_epperson Sen. Shelley Moore Capito, @SenCapito Michael Morris, @MichaelMorrisCU Becky Quick, @BeckyQuick Joe Kernen, @JoeSquawk Klaire Odumody, @klairemarie

Transcript

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0:00.0	Bring in show music please.
0:03.0	I'm CMBC producer Claire Odymody today on Squag Pod.
0:09.0	Wall Street's top stories betting on congressional elections and open AI in the largest venture capital
0:16.0	race of all time.
0:17.0	Now you're with us or against this.
0:19.0	Give us your money and don't give any money to anybody else.
0:21.0	Exactly.
0:22.0	Plus a massive dog worker strike threatening commerce and politics.
0:27.0	Republican Senator Shelley Moore Capital joins us.
0:30.0	And I do believe that President Biden's been asleep here, but I think he needs to wake up in terms of his abilities to invoke Taft Hartley as President Bush did in 2002.
0:40.0	And why are we so divided, author Michael Morris, on the dangers of tribalism?
0:46.6	It didn't start with Democrats hating Republicans.
0:49.3	It started from living in different worlds, holding different beliefs,
0:53.6	and then being baffled at the other side.
0:56.8	It's Thursday, October 3, 2024.
0:59.9	Squagpur begins right now.
1:02.6	Stand Becky by in three, two, one,
1:05.4	queue please.
1:08.0	Good morning everybody.
1:09.2	Welcome to Squawk Box right here on CMBC.
1:11.8	We're live from the Nesdac Market site in Times Square. I'm Becky Quick. Squack
1:13.0	right here on c. M. B. C. We're live from the Nesdac Market site in Times Square.
	...

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