SACHS, NEXT WEEK ON MONDAY,
THEN IT IS OFF TO THE RACES
WITH REGIONALS TECHNOLOGICAL
STOCKS AS WELL, WE ARE LOOKING
AT EARNINGS PERIOD BUT ALSO
ASKING THE QUESTION WHO IS I
REVIVING PRESIDENT BIDEN,
PARTICULARLY ON ECONOMIC
POLICY, THE PEOPLE WHO DO NOT
KNOW BUSINESS, A NEW REPORT
FINDS 62% OF BIDEN POINT WHO
DEAL WITH BUSINESS MATTERS THE
HAVE NARROW EXPERIENCE IN
BUSINESS CLIZ JANET YELLEN
TOLD US INFLATION WAS
TRANSITORY HAS ZERO PRIVATE
SECTOR EXPERIENCE WHITE HOUSE
DIRECTOR OF NATIONAL ECONOMIC
COUNSEL BRIAN DEESE SENT A
YEARS AT BLACKROCK BEFORE A
POLICYMAKER ON AVERAGE
APPOINTEES HAVE 2.4 YEARS
BUSINESS EXPERIENCE COMPARE TO
PRESIDENT TRUMP’S CABINET YOU
HAD 1 YEARS EXPERIENCING ON
AVERAGE, IN PRIVATE ECONOMY
FROM THE PEOPLE IN THE CABINET
JOINING THE CONVERSATION ALL
MORNING LONG THIS MORNING
DAGEN MCDOWELL, KEN MAHONEY
TALKING ABOUT CABINET FOR
AWHILE NOW BECAUSE WE HAVE
COULD ADMIT POLICY ERRORS ARE
NOT JUST JOE BIDEN’S FAULT IT
IS ENTIRE CABINET THE DEMOCRAT
LEADERSHIP.
DAGEN: WHERE DID YOU SAY
DEESE WORKED?
BLACKROCK A COUPLE YEARS. DAGEN: BLACK TROK HAS BEEN A
DAGEN: BLACK TROK HAS BEEN A
HIVE OF BAD LEFT WING IDEAS
FOR YEARS THAT IS -- TO
DETRIMENT THIS SURVEY MAKES
REVEALS IMPORTANT POINT ABOUT
LACK OF PRIVATE SECTOR
EXPERIENCE, BUT DO EXCUSE BAD
POLICY OUT OF THIS
ADMINISTRATION, BECAUSE I
DON’T EVEN BELIEVE THAT YOU
NEED TO WARM IN THE PRIVATE
SECTOR TO, UNDERSTAND BASIC
ECONOMICS.
AND BASIC IDEA OF HOW THIS
COUNTRY FUNCTIONS, AND
PROSPERS AND SUCCEEDS THEY
COULD TALK TO PEOPLE IN
PRIVATE BUSINESS, RATHER THAN
CAST INVESTIGATING THEM THEY
COULD TALK TO EVERYDAY AMERICA
STAY IN TOUCH, WITH THE
OUTSIDE WORLD OUTSIDE OF THEIR
BUBBLE IN THE LEFT WING
"LUNIVERSE," YOU COULD WORK IN
GOVERNMENT BUT STILL HAVE A --
EVEN A SOUP SONG OF IDEA ABOUT
WHAT IS GOOD FOR THE NATION.
.
YEP.
MARIA: KEN WILL
UNFORTUNATELY, THE NATION IS
FEELING THE EFFECTS OF THIS
BAD POLICY I WOULD SAY BAD
POLICY EQUALS BAD OUTCOMES
THEN WE HAVE A LOT IN LAST
YEAR AND A HALF.
KEN: 2.0, A LOOK UNDER HOOD
OF THE FEDERAL RESERVE MEMBERS
THERE -- TWO BEING A DAMEMA
FIVE GOVERNMENT JOBS ENTIRE
LIFE GUESSS WHAT ZERO IN
PRIVATE SECTOR, NOT BILL OFFED
ON SKILL SET OTHER FACTORS, IT
APPLIES THAT WE HAVE TO
CREATIVE FEDERAL RESERVE WITH
CABINET APPOINTMENTS BECAUSE
THEY THEMSELVES DON’T HAVE ANY
BUSINESS EXPERIENCING.
>>I I DO THINK WE SEED IS TO
STOP TARGETING JIMMY CARTER,
JIMMY CARTER PROBABLY WAITING
FOR A RING-A-DING DING FROM
THIS ADMINISTRATION HOW TO
SOLVE THIS PROBLEM, JAMES
FREEMAN POINTED OUT IT IS EVEN
THE END OF HIS ADMINISTRATION,
JIMMY CARTER, STARTED TRYING
TO MOVING TOWARD LESS
GOVERNMENT, IN SOME REGULATION
LIKE PRICE OF AIRLINE TICKETS
THE INFLATION THAT HE CARTER
WAS DETAILING WITH WAS LONG
SET IN STONE.
IN THE EARLY 70S BECAUSE
FEDERAL RESERVE DIDN’T DO
ANYTHING ABOUT IT, IT WAS
RUNNING 9% A YEAR THEREABOUTS
BECAUSE POLICY MISTAKES IN,
SAY, 773, JIMMY CARTER ERA WAS