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Cato Podcast

You’re Hired!: Untold Successes and Failures of a Populist President

Cato Podcast

Cato Institute

Immigration, News, News Commentary, Peace, 424708, Markets, Government, Libertarian, Policy, Politics, Cato, Defense

4.5979 Ratings

🗓️ 11 September 2020

⏱️ 28 minutes

🧾️ Download transcript

Summary

From immigration to trade to regulation to health care, the Trump Administration's impact on longstanding policies is hard to overstate. Where did they succeed and fail? Casey Mulligan is author of You're Hired!, which details his time on the President's Council of Economic Advisors.

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Transcript

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0:00.0

This is the Kator Daily Podcast for Friday, September 11th, 2020.

0:07.0

I'm Caleb Brown.

0:08.0

What have been some of the less prominent successes and failures of the Trump administration's economic plans.

0:14.0

Casey Mulligan, an economist at the University of Chicago, details his time at the

0:18.0

President's Council of Economic Advisors in his new book,

0:21.0

You're Hired.

0:22.0

We spoke this week.

0:23.8

I noticed a couple of times Mike Pence and Donald Trump touting the success that they have claimed for a rebound in manufacturing.

0:37.6

Mike Pence says American manufacturing has come roaring back when Joe Biden was vice president America lost

0:44.3

200,000 manufacturing jobs and he actually said they weren't coming back with

0:48.0

President Trump in the White House. We've created 500,000 manufacturing jobs in just three years.

0:55.0

And Donald Trump for his part says,

0:58.0

10.6 million jobs created in just four months a record

1:02.0

for people who are looking at numbers associated with employment in the United States.

1:08.5

You think, well, that's not entirely fair to be claiming credit but more broadly how much credit do you

1:17.6

think presidents deserve for the performance of an economy? You know, much of my career, I thought not much.

1:25.0

I thought that the levers they could or would pull

1:30.0

just didn't weren't that important in the scheme of our large economy but in the

1:35.8

last 10 years I started to realize that they're pulling some bigger relevance

1:40.3

than I might have expected.

1:42.6

And what do those look like?

1:44.6

The Affordable Care Act was previewed in the stimulus law.

...

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