Coverage of national and international news, including breaking stories. Came out and supplied South Koreans with a number of those in his own administration by the fact he would meet with kim jongun. The parallels go on and on. The Secretary Of State just hours later came out and said there would be preconditions for President Trump meeting with the president of iran. But this comes against the backdrop of the president and a number of his top aides really escalating the rhetoric. Threatening to impose new sanctions. To criticize iran sharply for its acts of terrorism. The president of iran not responding to the president s offer for a meeting. Instead, he decried what he called United States illegal pulling out of its ran nuclear deal. The stakes for the president couldnt be harder. Because the president really railed a number of allies. Lawmakers on capitol hill when he pulled out of the nuclear deal. A lot of those people saying look, that is what was holding iran to account. Keepi
10-x. except trump campaigned on the opposite. trump campaigned saying i m going to end all of this. yet he s accelerating it. right, that s true. how is that not being caught by the trump voter? don t they also know they have a strong likelihood of having a lake dume duck preside? mnuchin will probably be out of there in 2019 and this is his kind of kiss to the, you know, 1% or his, you know, i guess his ex-peers to answer your question, the reason why the traditional trump base who is, i don t know about hurt by this particular policy we re discussing, but definitely not helped. the reason why this gets a pass is because, and this is uniquely american, unlike europeans, unlike people from other parts of the world, every american thinks that they are a millionaire in waiting. and i m not saying this is a bad thing. but americans in general think if only this regulation would get out of my way or if only this would break in my direction, i will one day be
think about it because, you know, at the end of the day, this really does belie the president s populous message. it s really geared right towards the donors. if you look at the president s economic policy, it sort of serves the same people who were served in the obama administration, asset holders and there was that gripe that unless you own stocks during that eight years and you were in the middle of this country, you were screwed. so those same people remain screwed and the administration is looking to help the donor class again. why? so i think it s important to point out that this did not originate under president trump. this is a trend that s been enforced for decades now. where you ve just got this runaway inflation of asset prices in general. you ve got all the policies toward the 80% of people that the 20% of people who own 80% of the stock market. pro-real estate policies and ceo pay, which is 100-x the average worker and it used to be 5-x or
are we possibly headed into further stagnation? well, you know, the political strategist side of things i ve never had to look so much at politics to figure out where the economy was going. i tell you, it s like watching the keystone cops. it s gotten ridiculous. going forward we do have momentum carrying us into 2012. that s the good news. we hope we don t lose it because of political ineptitude. that s what would kill it. we have a lot of icebergs ahead. we hope politicians are better at navigating turbulent water than the captain of the titanic. that said, where are the positives? the positives are there is a glimmer of hope in the labor market. looks like the situation bottomed out after things fell apart last spring and the summer. we re seeing momentum return to job hiring. not enough momentum, but some is better than none. particularly small business hiring, new business burst, that s very important to the back bone of the u.s. economy and where we re looking for str
going to happen in 2012. tell me where you sit right now is 2012 going to be a better year economically than 2011? is there going to be economic growth? are we possibly headed into further stagnation? well, you know, the political strategist side of things i ve never had to look so much at politics to figure out where the economy was going. i tell you, it s like watching the keystone cops. it s ridiculous. going forward we do have momentum carrying us into 2012. we hope we don t lose it because of political ineptitude. that s what would kill it. we have a lot of icebergs ahead. we hope politicians are better at navigating turbulent water than the titanic. a glimmer of hope in the labor market. looks like the situation bottomed out after things fell apart last spring and the summer. we re seeing momentum return to job hiring. some momentum but some is better than none. new business burst, that s important to the backbone of the u.s. economy. that s looking nor strength going