Chapter 1: What is the main topic discussed in this episode?
Live from NPR News in Washington, I'm Janine Herbst. President Trump celebrated economic progress in his State of the Union speech last night, but as NPR's Scott Horsley reports, many aren't buying his sales pitch.
President Trump talked as if there had been an economic turnaround on his watch, but official statistics tell a different story. Economic growth was slower during Trump's first year back in office than it was during the final year of the Biden administration.
Chapter 2: What economic claims did President Trump make in his State of the Union speech?
Job growth was much slower. And inflation has mostly moved sideways, with Trump's own tariffs contributing to higher prices of some imports. The president highlighted some things that have gotten cheaper, notably eggs and gasoline, but the overall cost of living continues to climb. That's weighing on the president's approval rating.
In the latest NPR-PBS News Marist poll, 6 in 10 Americans say the country's worse off now than it was a year ago. Scott Horsley, NPR News, Washington.
Virginia's Governor Abigail Spanberger delivered the Democratic response, offering a sharply different take on the health of the country's economy from President Trump's. Spanberger says American families are struggling under his policies.
As I campaigned for governor last year, I traveled to every corner of Virginia and I heard the same pressing concern everywhere. Costs are too high. in housing, health care, energy, and child care. And I know these same conversations are being had all across this country.
And in a speech from historic colonial Williamsburg, Virginia, she says Trump is pitting Americans against each other, and she also attacked immigration officer tactics calling Trump reckless. Paramount is raising its offer for Warner Brothers Discovery, which rejected a rival bid from Netflix. NPR's David Fokenflik has more.
Warner owns HBO Max, HBO, Warner Bros. Studios, the DC Comics franchises, and cable channels including CNN and Discovery. Netflix won over Warner with a bid for the TV and movie studios, the streaming platforms and intellectual property, but not the cable channels, in a deal worth $83 billion.
Paramount chief David Ellison started the ball rolling by making a series of unsolicited bids for Warner. He now promises to pay $31 per share, a dollar more than his last offer. The previous deal included debt and was valued at about $108 billion. Ellison has made other concessions, too.
Warner has not yet decided the Paramount deal is preferable, but if it does, Netflix will have four days to make a counteroffer. A shareholder vote is planned for March. David Folkenflik, NPR News.
German Chancellor Friedrich Merz is meeting Chinese leaders, pressing for fairer trade rules and more help in ending the war in Ukraine. Merz says global crises, including the war in Ukraine, can't be settled without Beijing. European governments say China hasn't pushed Russia hard enough to end its war, but Beijing says it's staying impartial in the conflict.
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