stimulus

Inflation in the United States has been getting worse. In December, prices were up 7 percent from the previous year — the fastest rise in 40 years. 

Americans feel terrible about the economy, imperiling the Democratic Party’s chances of holding on to power in Washington in this year’s midterm elections.

While disruption caused by the pandemic is a key cause of higher prices — a situation that predates the Biden administration — a question remains: How much have the Democrats’ own policies contributed to the problem?

Guest: Ben Casselman, an economic and business reporter for The New York Times.

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Background reading: 

• Prices in the United States are rising rapidly, wages are growing and consumers are glum as a fraught economic moment poses big challenges for policymakers.
• President Biden is suffering in the polls as high inflation saps confidence in the economy, even as growth comes in strong.

For more information on today’s episode, visit nytimes.com/thedaily. Transcripts of each episode will be made available by the next workday. 

Investors have always had to pay attention to what's going on in Washington DC, but this year it's been on a whole new level. Between virus response policy, fiscal stimulus talks, and, of course, the recent election, there's been a huge demand for understanding of politics. On this episode, we speak with Jake Sherman, a reporter from Politico, who argues that investors are badly confused about how the city really works.

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To contain the pandemic, the U.S. government has brought the economy to a halt. Today, we explore one result of their containment efforts: one of the worst unemployment crises in American history. Guest: Jim Tankersley, a reporter covering economic and tax policy for The New York Times. For more information on today’s episode, visit nytimes.com/thedaily.

Background reading:

• The national unemployment rate is probably around 13 percent, The Times estimated. “Scary things are going on in our life right now,” one idled Lyft driver said.
• Whole sectors of the U.S. economy have gone dark to try to slow the spread of the coronavirus. Here’s what comes next.

Trump suggests re-opening the American economy by Easter, New York approaches crisis point, and new data emerges suggesting some good news on coronavirus.

Check out The Cold War: What We Saw, a new podcast written and presented by Bill Whittle at https://www.dailywire.com/coldwar. In Part 1 we peel back the layers of mystery cloaking the Terror state run by the Kremlin, and watch as America takes its first small steps onto the stage of world leadership.

If you like The Ben Shapiro Show, become a member TODAY with promo code: SHAPIRO and enjoy the exclusive benefits for 10% off at https://www.dailywire.com/Shapiro

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The U.S. is on the verge of an economic crisis due to the coronavirus, as people and businesses aggressively pull back on spending. On this week's Odd Lots podcast, we speak with Claudia Sahm, the director of Macroeconomic Policy at the Washington Center for Equitable Growth, about what the government can be doing right now to stop a recession. Claudia has done extensive research on exactly this topic, and now is the moment to put her theoretical work into practice.

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