Tapesearch Logo

Why Voters Are Down On The Economy, In Their Own Words

FiveThirtyEight Politics

ABC News

News, Politics

4.620.3K Ratings

🗓️ 2 May 2024

⏱️ 36 minutes

🧾️ Download transcript

Summary

For much of Joe Biden’s presidency, political observers have puzzled over a disconnect between economic indicators and consumer sentiment. Unemployment is low, growth has been persistent and inflation is receding. Yet, the vibes aren’t great. In this installment of the 538 Politics podcast, we hear from undecided voters who participated in a focus group with PerryUndem and 538's Senior Politics Reporter Monica Potts, which focused on feelings about the economy. Later in the show, Galen speaks with 538 researcher and editor Cooper Burton about an algorithm 538 built to group House members into caucuses based on how they vote. Learn more about your ad choices. Visit megaphone.fm/adchoices

Audio player

Transcript

Click on a timestamp to play from that location

0:00.0

Is crypto perfect? Nope, but neither was email when it was invented in 1972 and yet

0:06.3

today we send 347 billion emails every single day.

0:12.0

crypto is no different.

0:13.3

It's new, but like email, it's also revolutionary.

0:17.3

With Krakin, it's easy to start your crypto journey with 24-7 support when you need it.

0:22.4

Go to Krakin.com and see what crypto can be. with 24-7 support when you need it.

0:22.6

Go to Krakin.com and see what crypto can be.

0:25.2

Don't invest unless you're prepared to lose all the money you invest.

0:27.2

This is a high-risk investment and you should not expect to be protected if something goes wrong.

0:31.0

I think it's one big hot mess. I don't think the Republicans, Democrats are working together for the betterment of the people at all. I have no idea how the low income bracket individuals

0:40.4

are supposed to survive with inflation going on right now.

0:44.4

I don't care who goes for who.

0:46.0

I believe want to see everybody just come together right now and work together as a people. Hello and welcome to the 538 Politics Podcast I'm Galen Druke.

1:03.4

For much of Joe Biden's presidency, political observers have puzzled over a disconnect between

1:09.6

economic indicators and consumer sentiment. Unemployment is low, growth has been persistent,

1:16.0

and inflation is receding,

1:18.0

and yet the vibes are not great.

1:20.0

According to tracking by the University of Michigan,

1:22.0

consumer sentiment has recovered somewhat.

1:24.9

Their index currently sits at 77, which is around what it was when Biden took office,

1:29.8

but for context, the average in 2022 was 59.

1:34.4

And the bad thing for Biden is that during Trump's first three years in office,

...

Please login to see the full transcript.

Disclaimer: The podcast and artwork embedded on this page are from ABC News, and are the property of its owner and not affiliated with or endorsed by Tapesearch.

Generated transcripts are the property of ABC News and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.

Copyright © Tapesearch 2024.