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On with Kara Swisher
Robert Reich on Trump, Harris, Musk and More
Sep 19, 2024
Robert Reich, a renowned economist and former Labor Secretary, shares his insightful critiques on America's rigged economic system. He discusses the stark differences in presidential candidates' visions for the future and calls out the powerful, including Elon Musk and Donald Trump. Reich emphasizes the economic disconnect felt by many Americans, the need for structural changes, and his unique ability to connect with younger generations through social media. His sharp analysis touches on topics like trade, campaign financing, and accountability in the tech industry.
01:01:55
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Quick takeaways
- Economic disillusionment persists among many Americans due to inequities in wealth distribution, particularly impacting white, rural, and non-college-educated individuals.
- The consequences of proposed tariffs on low-income individuals highlight the need for economic solutions that address root causes instead of imposing burdens.
Deep dives
The Evolution of Economic Sentiment
Many Americans are feeling disillusioned about the economy despite recent improvements in economic indicators. Historically, there was a time when economic growth benefited all citizens, but this trend shifted starting in the 1980s, leading to frustration among those who feel left behind. This anger is particularly prevalent among white, rural, and non-college-educated individuals who perceive that the American dream is no longer attainable. Consequently, economic sentiments remain mixed, as evidenced by varying polling on whether voters trust different political leaders to manage the economy effectively.
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Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode