Andrew Ross Sorkin
๐ค SpeakerAppearances Over Time
Podcast Appearances
Now, of course,
The president does appoint the head of the Department of Justice.
So that influence to some degree exists, at least in terms of the prism context with which the Department of Justice and the antitrust department inside the Department of Justice might think about these things.
at least historically, it was supposed to be at arm's length and sort of left to them, to those lawyers, to make those determinations.
Clearly, in this case, very publicly, we know that the Ellison family went to go visit with the president.
We know that Ted Sarandos, who's the CEO of Netflix, literally sat in the Oval Office with the president to discuss this.
These are very unique times.
This is a very different world we're living in.
You know, it's very interesting to think about how Americans think about the success or failure of the economy at any one moment.
It all is quite relative.
And talk about short memories.
It's all relative to where you think your life was six months or 12 months ago.
It does not typically relate to history, which is to say here we are in a four plus percentage unemployment world, for example.
Most unemployment
people over the last 100 years would say that's sort of Alice in Wonderland.
That's actually pretty good, frankly.
We had unemployment of 10% after the financial crisis of 2008.
We had 25% unemployment after the 1929 crash.
We had 14% unemployment during the pandemic.