4.4 • 796 Ratings
🗓️ 15 October 2024
⏱️ 18 minutes
🧾️ Download transcript
We get the views of three American retailers - how do they see the economy and what do they want from the next US president?
We hear from a department store owner in Indiana, a bookshop owner in Texas and a snack company based in New York City.
Produced and presented by Ed Butler Additional production by Matt Lines
(Image: A shop owner holding an open sign. Credit: Getty Images)
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0:00.0 | Hi there, I'm Ed Butler and welcome to Business Daily from the BBC World Service. |
0:05.9 | Today, the battle for the White House, as seen through the eyes of America's shopkeepers. |
0:11.2 | You know, I've been thinking about getting a loan and interest rates are so high right now. |
0:16.7 | I think a lot of businesses, even though some of the larger businesses, are waiting. |
0:21.1 | US retailers like this one one tell us their concerns. |
0:25.0 | Do the candidates' promises stack up? |
0:27.4 | Or is this election all about partisan point scoring? |
0:31.1 | Neither of our two candidates that we have right now seem super willing to reach across the aisle. There's so much division out |
0:39.3 | that there, I would love to see sides come together and actually get things done. The pledges of |
0:44.9 | Donald Trump and Kamala Harris as seen by U.S. retailers. That's Business Daily from the BBC. |
0:57.0 | We will have big tax cuts for families and small businesses, and we will have no tax on Social Security and no tax on tips. |
1:09.0 | Donald Trump makes plenty of big pledges aimed at tax cutting for businesses, but more than anything, |
1:15.6 | he says he's the man who's going to rid America of the curse of inflation. |
1:20.6 | It wasn't nearly as bad under his watch as president. |
1:23.6 | Inflation has destroyed our seniors. |
1:25.6 | It's the worst thing that could happen. The people |
1:28.6 | that behaved the best, that did it the American way, that saved their money, they got decimated |
1:34.9 | because their money went down, because they couldn't live. They were losing money. With me, |
1:39.6 | they were putting money in the bank and making a lot of money. They were saving a lot of money. |
1:44.4 | After I left, they were losing all of that money they saved. |
1:47.6 | Well, for the Harris campaign, the situation looks rather less dramatic. |
1:51.6 | She points to better recent inflation numbers down almost to the Fed target rate of 2% at the last count, |
... |
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