Biden vs. Trump economy: What you need to know
Вставка
- Опубліковано 30 вер 2024
- Kevin Hassett, former CEA chair and Hoover Institution distinguished visiting fellow, joins 'Squawk Box' to discuss his take on how Biden and Trump laid out their economic policies in last week's debate and more. For access to live and exclusive video from CNBC subscribe to CNBC PRO: cnb.cx/42d859g
» Subscribe to CNBC TV: cnb.cx/Subscri...
» Subscribe to CNBC: cnb.cx/Subscri...
Turn to CNBC TV for the latest stock market news and analysis. From market futures to live price updates CNBC is the leader in business news worldwide.
Connect with CNBC News Online
Get the latest news: www.cnbc.com/
Follow CNBC on LinkedIn: cnb.cx/LinkedI...
Follow CNBC News on Instagram: cnb.cx/Instagr...
Follow CNBC News on Facebook: cnb.cx/LikeCNBC
Follow CNBC on Threads: cnb.cx/threads
Follow CNBC News on X: cnb.cx/FollowCNBC
Follow CNBC on WhatsApp: cnb.cx/WhatsAp...
www.cnbc.com/s...
#CNBC
#CNBCTV
A bad week for the Communists .....!!!
When did MAGA go Communist? They just settled into Fascist.
Joe might as well wear a MAGA hat. Joe has a thing for Trump.
Strange that the economy is doing pretty well by the numbers then
Joe has got to be one of the most obnoxious and overrated commentator
Ain’t that the truth!
not to mention azzzole...hope they fire him quick
8 TRILLION DOLLARS increase to the National Debt, say no more! Trump was UNDOUBTEDLY the worst president EVER! A little solace for Tiny, he is the 2nd best German-American president in history. 😂😂😂😂
You meant money spent on Americans, supplies, and research on Covid medication during covid-19..... prior before covid-19, Donald Trump's economy was undoubtedly the best economy in modern history with due respect to President Clinton economic miracle. What is saving the economy today under biden are still President Trump's economic policies still kept in place.... just look at last month job report, 80% of jobs generated in June 2024 are jobs that are backed by government, and less than 20% came from the private sector. Even with the covid-19, "unemployment was around 6%" when Trump left, unemployment in the sense that most companies sacked their staffs and companies shot down because of the pandemic. Prior before covid-19 unemployment was less within 2-3% with good quality jobs, tech sector was booming, high paying manufacturing jobs, employers were scared that they will loose their staffs to other companies, the economy was on fire, America was able to recover from covid-19 because of his strong economic polices he made. This present Biden can't name any progress the made on the economy. I am black, and I am with President Trump!
One-sided opinion from two Trump guys. Yawn.
Totally agree with you and watching these two is hard to take.
Get used to it. Trump will be running things soon. haha
Joe isn’t a Trump guy
What's the alternative? Another 4yrs of Bidenomics we can't afford
I love how people like you hear actual arguments, and then completely dismiss them because
"Derrr, he not on MY side, he on THEIR side, me no listen"
You're braindead.
Im convinced that Joe is soft launching his FOX News type podcast for when he gets fired from CNBC .
POLITICS
Why everybody’s worried about a recession again
Is a recession coming in 2019? Perhaps.
by Emily Stewart
Aug 15, 2019, 9:20 AM MDT
THIS IS PRIOR TO THE COVID 2019 EVENT
Trump in 2004: "It just seems that the economy does better under the Democrats than the Republicans. Now, it shouldn't be that way. But if you go back, I mean it just seems that the economy does better under the Democrats....But certainly we had some very good economies under Democrats, as well as Republicans. But we've had some pretty bad disasters under the Republicans."
Trump was a registered Democrat from August 2001 through September 2009. Chew on that for a moment. That Biden sure does play a long game, huh?
Trump 2024🇺🇸🇺🇸🇺🇸
🫡🫡🫡
Biden 2024🇺🇸🇺🇸🇺🇸🇹🇼
That's not gonna happen😂🥥
As of right now in the United States it takes 3x as much annual income to buy a house- compared to the Great Depression. It is 3x harder and more expensive to buy a house NOW than in the Great Depression. Not sure why people just let that fact go over their head
Joe's love affair with Trump is cringe.
Trump 2024
For prison
MAGA invaded CNBC?LOL
The answer to the first question is yes, taxes will never go up, and spending will never go down. Both options are politically unviable because the voters can’t do math. Debt increase will outpace GDP. Hyperinflation is the only path forward.
I am sure both of these guys are waiting for a tariff disaster by Trump.
Two wings of the same dying bird 🤓 🖕
Obama had a better economy than Trump, Biden had a better economy than Trump. This isn't an opinion.
Obama had one of the slowest economic recoveries from a recession in the history of the country. What are you talking about?
Wrong. Trump 1.9% average inflation beat 12 years of Democrats
@@ssuwandi3240You didn't address GDP growth. Why?
@@jacobwatson1818 Because of the rapidly aging population. That growth is basically a wash out of equally rapid entitlement spending. The low average inflation is still a credible leading indicator
@ssuwandi3240 I'm not following that logic. You're saying only inflation defines how an economy can be compared during different times in history?
if u spend 8 trillion in 4 yrs ur numbers would look good EXCEPT THE DEBT
Trump increased debt by 8 trillion you maga muppet
Over 3 trillion of that was for covid relief.
Otherwise his numbers would look about the same as bidens.
You know what wouldn't look the same as bidens?
Inflation.
Trump is always right let the successful billionaire run the country like a business I was happier under Trump I had more economic buying power under Trump my standard of living was better under Trump and as a former Democrat who has been lied to for over 40 years by my own party I'm voting for Trump 24 FJB
FDT
@@hsuehhs1. You're just as delusional as FAILED Joe Biden
You vote for him because you don’t know what else to believe in
We were better under Trump
We were better under Trump but Biden blames the Vatican for Abortion?
First time I clicked to watch, and last time i trust CNBC, specifically this anchor.
Fox news is worse. By far
I own a restaurant for many years
Reality: all of my customers are not going out to eat as much, because in ole yellers economy people have less money in their pockets due to extreme inflation caused by excessive amount off money being printed and floated into the economy for a myriad of social problems. This is a fact.
Crime out of control due to not keeping repeat criminals in jail … fact
Open borders has illegals wondering our country using our tax dollars for their food medical housing etc.
I’ve seen enough from this guy
Voting Trump this time
If you’re better off under Biden then vote for him. He’s done zero for me and for my friends family employees and customers. So no one I know is voting for Ole Yeller.
Cannot afford him for another year
Biden's anti-American policics SUCKS
Crime is down under Biden. If you're concerned about crime then don't vote for a person with felony convictions and who appears to be guilty of many other crimes.
It ain’t his fault you broke
@@Hippie1eloveevery single policy he’s put forward is driving inflation. In case you haven’t noticed, the entire middle class has less money in their pockets. When you have to raise prices, because producers costs are rising, less people eat because they can’t afford to go out and eat any longer. Got it ? Go out a read a basic economics book before you talk about something you know zero about. Harris policies will stoke inflation even higher
How to get a true statement from a guy with two DJT signatures behind him? Is it on purpose?
Great point. Seems a little suspect.
This is your own bias talking and it's amazing that people like you have no critical thought. Your disdain for Trump causes you make assumptions about Hassert who you clearly don't know personally, but know that he worked in a Trump Administration. Mark Esper worked for Trump, served his country as a soldier, Ranger, and Defense Secretary. So its he a liar too? Plenty of people served in a Trump admininstration to serve their nation and they shouldn't have their character downgraded as a result. Oh my god he had a document from serving his country and signed by the US President. He must be bad!! lol Oh and the Democrats have been so truthful! Yeah Biden is " Sharp, focused, and detailed oriented" that's a quote from Homeland Security Mayorkas, and even funnier then his "our Border is secure" As the FBI raids 3 cities capturing 8 Tajiks with ties to ISIS, and were wiretapped discussing bombs
I don't agree with the Democrats but this guy is one sided. I like to see someone in the middle
Good discussion about real world probabilities. The tricky thing with reciprocality regarding less-friendly nations is that it won’t be “in kind”. Their governments deeply subsidize their labor and production (one way or another) so that they can export their goods at a deep discount to US domestic production, allowing those nations to compete unfairly. Our nearly free market government will not and cannot afford to subsidize US products, so we must apply selective tariffs to offset foreign advantages, taken unfairly. That math works whether the next president is Donald or it remains Jill…
Kernen said, "Is it too simplistic to say?" Think about that. Joe Kernen asking if he speaks too simplistic.
Interesting to see how Bitcoin is used in the future.
Kernans MAGA moments
Joe would do us good to interview Paul kurman
Tariffs don’t work. Never have. See Great Depression failure to today-domestic inflation results