Is the Biden Administration…Dumb? Hear Us Out.

The Commentary Magazine Podcast

Commentary Magazine

News Commentary, Politics, News

4.6 • 4.5K Ratings

🗓️ 28 April 2022

⏱️ 62 minutes

🔗️ Recording | iTunes | RSS

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Summary

Today’s podcast takes in the horrible news about America’s shrinking GDP and the Biden administration’s responses to things over the past couple of weeks and asks the question we’ve been circling around for months: What if the top dogs in the White House are… stupid? Give a listen. Source

Transcript

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0:00.0	Welcome to the commentary magazine Daily Podcast today is Thursday April 28th, 2022.
0:29.2	I'm John Pothor. It's the editor of commentary magazine with me as always executive editor eight.
0:33.4	You won't high eight. Hi John.
0:35.2	Seeing you, writer Christine Rosen, high Christine.
0:37.4	Hi John.
0:38.0	And associate editor Noah Rothman. Hi Noah. Hi John.
0:41.6	Staggering GDP number came out this morning.
0:48.5	The economy shrank in the first quarter of 2022.
0:54.1	It didn't just slow down. It shrank.
0:57.3	It's a negative territory, negative 0.4%.
1:03.4	Of course, one more quarter after this like this one and we are in recession.
1:09.6	The good news politically just keeps coming for Joe Biden.
1:14.6	I don't think anybody saw this coming.
1:20.6	You know the expectations were for a 1% growth, which is not good.
1:24.8	Yeah, it's not contraction.
1:27.6	Right. And we had a 1.7% growth or essentially 7% annualized in the last quarter.
1:38.3	So what we have here is a really significant stagnation growth and high inflation.
1:48.1	Right.
1:49.1	And that is it John.
1:51.5	Here we are welcome to the 19th year.
1:54.7	Here's disco here comes.
1:57.3	You're going to get disco.
	...

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