This podcast discusses topics such as rising unemployment rates in the US, the GOP's shift on abortion rights influenced by Trump, the rise of the far-left in France, and the changing dynamics in global politics with a focus on China, Russia, India, and North Korea.
34:18
AI Summary
AI Chapters
Episode notes
auto_awesome
Podcast summary created with Snipd AI
Quick takeaways
Unemployment rate hits 4.1%, impacting economy and Biden's policies.
GOP adopts softer abortion stance under Trump, aiming to broaden support base.
Deep dives
Economic Outlook: Unemployment Rate and Job Market
The recent report from the Bank of America Institute highlighted a rise in the unemployment rate to 4.1%, marking a three-year high in June. Moreover, the median duration of unemployment increased to 9.8 weeks, the highest since January 2023. The quits rate has remained stagnant at 2.2% for seven months, despite reaching 3% during the pandemic. These shifts in employment metrics impact Americans' perceptions of the economy and President Biden's policies.
Changing Political Landscape: GOP's Shift on Abortion
The GOP's updated platform, endorsed by Trump, reflects a softer stance on abortion compared to previous versions. It eliminates language supporting a federal 20-week abortion ban and the 'right to life of the unborn child,' emphasizing that states can enact laws protecting these rights. This adjustment under Trump's leadership indicates a strategic move to appeal to a broader voter base and navigate internal party dynamics, potentially influencing the party's position in the 2024 election.
French Parliamentary Elections and Political Divide
The recent snap parliamentary elections in France resulted in a surprise victory for the far-left New Popular Front coalition, comprising communist, socialist, and green parties. While the right-wing coalition led by Marine Le Pen's National Rally Party garnered the most votes, they finished third in seats won. This outcome underscores the deepening divide between the Macron-led establishment right and the insurgent populist right, impacting the balance of power in French politics and potentially shaping future coalition governments.
This week, Walter and Jeremy discuss unemployment figures, the GOP’s new Trump-era stance on abortion, the rise of the far-left in France, and how China, Russia, India, and North Korea are making new moves on the Indo-Pacific chessboard.
Each week on What Really Matters, Walter Russell Mead and Jeremy Stern help you understand the news, decide what matters and what doesn’t, and enjoy following the story of America and the world more than you do now. For more, check out tabletmag.com/what-really-matters. You can read Walter Russell Mead’s Tablet column here, and check out more from Tablet here.