2016. he led by never led by more than 14 points in the primary. he leads by nearly 30 according to the latest nbc poll. he s 82% popularity, which is almost 20% higher than it was among republicans in 2016. that s the fundamental problem. they all know deep down they want to get past donald trump. the problem is, the republican voters don t want to get past donald trump. let s talk about joe biden in his campaign. this week he s going all in on what the white house is now calling biden onyx. he s gonna claimed credit for the post pandemic recovery, which he can, but they sort of have to acknowledge that while he s it s going down inflation remains too high.
caper and, came the stock market, you ll note that the dow crossed 30,000 for the first time in history right after joe biden, the guy who doesn t brag much about the stock market at all, was elected. the white house won another economic victory this week. the confirmation of this man, the new chair of the council of economic advisors. a familiar face to viewers with this program. jared bernstein. there he is. real life. a new chair of the presidents council of economic advisers. i knew you when, jared. now you are a big important guy. we go way back. it is always a pleasure to talk to you and just really enjoy your introduction. you just took us through about one third of biden onyx in about 45 seconds. so thank you for that. well let s talk about where we are in this moment. we ve got inflation at least in this part of the world coming down a little bit. it s still persistently high in some places, including in europe. there does seem to be technical recession in some parts of
about for one k, if rohan, caper and, came the stock market, you ll note that the dow crossed 30,000 for the first time in history right after joe biden, the guy who doesn t brag much about the stock market at all, was elected. the white house won another economic victory this week. the confirmation of this man, the new chair of the council of economic advisors. a familiar face to viewers with this program. jared bernstein. there he is. real life. a new chair of the presidents council of economic advisers. i knew you when, jared. now you are a big important guy. we go way back. it is always a pleasure to talk to you and just really enjoy your introduction. you just took us through about one third of biden onyx in about 45 seconds. so thank you for that. well let s talk about where we are in this moment.
american rescue plan, run the economy hot, and then inflation went high and folks fight like larry summers and others were saying ceo, bumped up against the boundary. you libs, you want to throw money around, this is what happens. and they had some data on their side. it wasn t like a crazy argument. what s the significance of today s job report that shows you re still adding jobs while inflation is coming down? that s exactly it. how can you have 517,000 new jobs added while inflation is coming down? every economist i know today that i have contacted are scratching their heads. this is impossible. this goes against every textbook. well, i suggested to them that maybe the textbooks it s wrong. maybe they actually ought to look at biden onyx as a different kind of economics. and economics that is based upon what real people need and