Steven Rattner

speaker
344 appearances 8 recordings 1 series first heard Sep 2024 last heard 16 Apr

Steven Rattner’s voice in public audio — every appearance, attributed to the second.

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recordings per month · last 12 months
2 · Dec OctJan 26AprJulnow

Recordings per month over the last 12 months — 4 in all, peaking in Dec 2025 with 2.

Appearances

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It was three percent when he inherited it, less than three percent.
And he's and what's happened here is inflation did start to go down under Trump.
But then you had the tariffs and now it's back up to three percent.
And that puts pressure on the Fed's ability to cut interest rates.
In comparison, Goldman Sachs, before Trump got here, Goldman Sachs, assuming a more normal set of policies, thought inflation would be down to 2.2% at this point.
And in fact, because of the tariffs and everything else Trump has done, it's back up to 3% and growing at the moment.
And all of that put together has created this incredibly pessimistic mood among people, where consumer sentiment now is down all the way down here,
It is down.
In fact, if you look, if I took this chart back further, it would be down to levels of the great financial crisis in terms of how people feel about this economy.
They are unbelievably negative about this economy.
And so, as I said, Vance can talk all he wants.
But if it had gotten better, we've now almost a full year into the Trump administration.
If it had gotten better, you'd think people would start to.
I actually know Corbin.
I can reach out to him.
Can you reach out to him?
Here it is.
you're in the top 20 of americans you're going to get roughly a 3.7 increase in your in your after tax income really all from these tax cuts but if you go all the way to the bottom and everything in between essentially it leads you to the bottom if you're in the bottom 20 percent you actually lose eight hundred dollars why do you lose eight hundred dollars you get a very small uh tax cut
And you get a very large cut in Medicaid and these other benefits that we were just talking about that affects the 20% disproportionately.
So this is a highly regressive bill that essentially favors the wealthy, doesn't do much for the middle class, and hurts the poor.
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