Morning Joe Morning Joe 5/8/25
6 snips
May 8, 2025 
Steve Ratner, a former Treasury official and economic analyst, dives into the latest economic updates, covering trade deals and the Federal Reserve's decisions. Bishop Robert Barron, a prominent Catholic figure, shares insights on the papal conclave and the ideological rifts among cardinals. The conversation also examines the Celtics’ playoff woes against the Knicks while weaving in themes of healthcare access and the challenges in U.S.-U.K. trade relations, all set against a backdrop of engaging humor and lively banter.
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Catholic Church's Global Shift
- The Catholic Church's next pope election reflects a divide between continuing Pope Francis's liberal legacy or shifting toward a more conservative approach.
- The voting cardinals are increasingly international, especially from the Global South, affecting the conclave's dynamics and priorities.
U.S.-UK Trade Deal Context
- The U.S.-UK trade deal is largely symbolic as the UK is a rare U.S. trade surplus partner.
- Real progress requires deals with Canada, Mexico, and China, where relations are more complex and politically personal.
FAA Problems Behind Newark Delays
- Newark Airport delays stem from aging radar, radio equipment, understaffing, and controller stress.
- Modernizing air traffic control could reduce delays, emissions, and fuel waste but is hampered by government inefficiency.