The NPR Politics Podcast - Weekly Roundup: November 5th
Episode Date: November 5, 2021It is not clear whether Democrats in the House of Representatives will vote today on the two major legislative packages that represent the core of President Biden's agenda, continuing months of uncert...ainty. And the economy added a fair number of jobs last month, but the recovery remains uneven across industries and demographic groups.This episode: White House correspondent Asma Khalid, congressional correspondent Kelsey Snell, White House correspondent Ayesha Rascoe, and chief economics correspondent Scott Horlsey.Connect:Subscribe to the NPR Politics Podcast here.Email the show at nprpolitics@npr.orgJoin the NPR Politics Podcast Facebook Group.Listen to our playlist The NPR Politics Daily Workout.Subscribe to the NPR Politics Newsletter.Find and support your local public radio station.Learn more about sponsor message choices: podcastchoices.com/adchoicesNPR Privacy Policy
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Discussion (0)
Hi, I'm Zachary from Salt Lake City, Utah, and I'm eight years old.
And I'm Cameron, and I just turned five.
We're so excited. We just got our COVID vaccines.
And then Danny and her.
This podcast was recorded at...
1.08 p.m. Eastern Time on Friday, November 5th.
Things may have changed by the time you hear this.
We're off to get ice cream now.
Oh, wow. I bet that's some very tasty ice cream, particularly for their parents.
Well, hey there. It's the NPR Politics Podcast. I'm Asma Khalid. I cover the White House.
I'm Aisha Roscoe. I also cover the White House. And I'm Kelsey Snell. I cover Congress. So we were all expecting to see some votes in Congress today
on some of the president's big infrastructure and economic proposals. It does not look as of now
like those votes are coming together. But Kelsey, it does feel like Democrats get, you know, halfway
close to passing Biden's trillion plus dollar agenda
almost every week, and then it never seems to manage to reach the finish line. We're going to
talk more about that in just a minute. But let's begin with some of the policy because it does seem
like we have a clearer sense of what is actually in at least one of these bills, the Democratic
Reconciliation Bill. Is that right? Well, that's right. And, you know, we're lucky that we have timestamps on this podcast because,
you know, things in this situation really might change before the end of the day today. Democrats
are really working hard to try to get this bill. We sometimes hear it talked about as Biden's social
spending package. Sometimes we talk about it as Build Back Better. But what it is, is about one and a half to $1.75 trillion in spending on everything from universal pre-K and,
you know, assistance for childcare to climate change and housing. It is a really big, big bill.
So just to kind of give an overview of some of the major things that we talk about
when we're talking about this bill, it's got about $550 billion to address climate change.
There is money to extend the expanded child tax credit. That's the monthly payment that
most families are getting right now, extending that for another year. There's money in there
to pay for four weeks of paid family and medical leave. Universal
pre-K for children three and four years old all across the country. It's a huge bill. There are
also measures in there to address housing affordability and housing shortages. We've
talked about this in the past as a bill that's been scaled back from Biden's original ambitions, but it is really still huge. $1.75 trillion is an enormous amount of money, and it is largely focused on social
spending that we haven't seen on this scale really since the New Deal. So Kelsey, you've outlined a
lot about what's in this bill, but presumably lawmakers in the House did have to decide to
throw some things out. So what did they decide to leave out? Well, one of the things that we're running into right now is a fight over
whether or not some of these things I already mentioned should be left out. So they are still
trying to figure out a path forward on paid family and medical leave. That is something that House
Democrats included in this bill, but it may end up getting stripped out once the bill moves over
to the Senate. In fact, it very likely will, because Senator Joe Manchin really still has a lot of objections to including it in a
partisan bill. He says he wants to deal with it, if at all, on a bipartisan basis. There's also
disagreement about what to do about changes to the immigration laws. And it's not clear to me now
that any changes to immigration can even pass the Senate rules for
a budget reconciliation bill, which require it to be, you know, any measure to be primarily related
to the budget. So, you know, this is, as much as it is a bill that they have been fighting about
for weeks in the House just to get it over the finish line, it is ultimately just the first step
in a really long process. And Kelsey, like, is that part of the issue that because it seems
like things are a bit held up in the House right now? Is it is the concern from Democrats that
they pass this bill and then they don't know what's going to happen in the Senate?
A little bit of that and a little bit that they, you know,
the elections earlier this week, particularly in Virginia and New Jersey, have some centrist House Democrats really shaken. They are worried about voting on a bill before they get the full
score from, you know, the budgetary scorekeepers, the nonpartisan scorekeepers in Congress.
That's the Congressional Budget Office. They want to see exactly how all of this spending breaks down and how it compares to the
new tax changes that they expect to pay for it. You know, they don't want to go into a vote and
say that, you know, they voted for a spending bill that they didn't know how it would directly
affect the economy, and they don't know how to talk about it to their constituents. Whether or
not this becomes the final bill, they want some certainty about anything that they sign their name onto.
That does feel a bit wonky. I mean, when is that analysis from the Congressional Budget
Office actually expected? We're not totally certain. I mean, it could take weeks. I've
talked to some budget experts who say that because there are so many new policies in here,
it takes a long time to try to figure out what the economic
effects would be. It's one thing when the Congressional Budget Office is asked to estimate
the cost of a policy that already exists, just extending it or making a small change to it,
a new iteration of something that already exists. But it's an entirely different question to ask
them to do full economic modeling on how a brand new policy would work and
how it would potentially impact the economy over a decade. I mean, so is something going to pass
today? Like, are they going to get something done? Because I know you have your crystal ball.
I mean, Nancy Pelosi seemed to suggest last night that it was supposed to happen, right?
Well, it has been supposed to happen so many times now that I
have thrown away my crystal ball and I just throw my hands up in the air and say, we'll just keep
asking questions and seeing where things go. Because attempting to predict whether or not
this will pass today has taken up so much energy and brain space. It's been almost futile so far.
So we will keep asking those questions, but I don't know.
But someone who definitely does want this to pass today and feels like these two bills should have
been passed already is President Joe Biden. He did talk today about the job numbers,
but he also talked about how he feels like the economy is recovering. But to really
turbocharge the economy, he says that Congress needs to pass these two bills.
Well, yeah, I mean, this is so much of what Biden ran on. I mean, the whole concept,
and you guys were there through this entire thing, was he was talking about repairing parts of the economy, parts of the American social structure that were
already not working equitably before the pandemic, and then the pandemic exposed it. This is what
Democrats said that they were going to attempt to address. A lot of that is in this bill. That's
what they say that they're trying to do with this bill. And if they can't move forward on it, it speaks to, you know, the way that Biden
can work with Congress, the way Democrats can govern, whether or not they can deliver on promises,
whether or not their vision for the country actually unites their own party. There are a
lot of things on the line here for Biden in particular. And it doesn't
always, you know, the size of his coalition and the wide range of political views within the
Democratic Party makes it really difficult to follow through on a lot of those promises.
You know, Kelsey, you mentioned Virginia and New Jersey earlier, and the hesitation that some
moderates have in voting possibly for such
large spending packages. But on the flip side, there are, you know, more liberal members of the
House who feel like perhaps the way to interpret some of the more abysmal election results that
Democrats saw this past week is because of the fact that Democrats have not passed anything.
I mean, their argument is, you know, give voters something to vote for and give them a sense that you've actually
accomplished what you set out to do. And I'm curious how that's playing out in the House.
That is playing out every single day in conversations with members that I have. I mean,
this was to some degree predictable, right? Because Biden put together a coalition of,
you know, having people who were, you know, former Republicans who felt that they were turned
off by the Republican Party under Trump, and people who were big Bernie Sanders supporters,
they all came together to elect Joe Biden to the presidency. And now they are attempting to
govern together as one single party with very different ideas about how to approach, you know, very similar frustrations and fears and problems that they see in the world.
And it does seem that everyone from the election took the lesson that they that was like in line with their worldview.
So the progressives say we should have we should have went bigger. And the moderates say,
see, this shows we should have went smaller. And it just seems like everyone took the lesson that
they wanted to take. So Kelsey, both the Senate and the House are out next week. That's my
understanding. So what happens now? What happens after today? Well, if the House is able to pass
this, the hope among Democrats was that they could spend next week going through the, or at least starting to go through the very complicated process of bringing this bill to the Senate parliamentarian to make sure that it meets the basic rules for budget reconciliation. And that process can take a long time. So I think the hope for a lot of Democrats was that they could start that while the Senate isn't in session, and then kind of speed things along when they get back.
All right. Well, thanks as always, Kelsey. And don't go too far away,
because you're going to come back in a bit for Can't Let It Go.
I am sticking very close by.
All right. We are going to take a quick break. And when we get back,
we'll talk about jobs and inflation.
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a Griffles center near you, visit grifflesplasma.com. And we're back and we are joined now by NPR's
Chief Economics Correspondent, Scott Horsley. Hey there, Scott. Good to be with you. And we're glad to have you back to talk about the economy, jobs, inflation, all of it. Let's start
with job data. We got new numbers this week, and they were, you know, objectively good. It looks
like things are beginning to turn around more solidly.
Absolutely. It seems like the last few times I've been on the podcast has been with sort of
downbeat news, but the October jobs numbers were very encouraging. After a pretty sharp slowdown in job growth in August
and September, we saw a hefty job gains of 531,000 new jobs added in the month of October.
We also actually got revised numbers for August and September. And while there was still a slowdown,
it wasn't as bad as first reported. So all of that is encouraging about the state of the labor market in the U.S.
So we always talk about how the unemployment rate for Black Americans is higher.
Yeah, it's unfortunate. We continue to see this gap between the African-American unemployment
rate and the overall rate, and that didn't change in October.
The overall unemployment rate did come down a little bit to 4.6%, and there was a particularly
sharp drop in the unemployment rate for Latinos. That may be tied to the fact that we saw a big
jump in jobs in bars and restaurants in October. That's an industry that has really been a barometer throughout the pandemic
in both good times and bad. And October was a pretty good month. You can draw a pretty straight
line from the drop in new coronavirus infections as the Delta wave kind of receded and the improving
jobs numbers throughout the economy. You know, I want to ask you more about that correlation, because just this week,
we got additional information from the administration about these vaccine mandates
that are going to go into effect at the beginning of next year, in January of next year.
And I am curious, Scott, do you see the fact that these mandates are coming down the line,
and people know if they want to keep their jobs in certain sectors,
they need to get a shot. Is there any indication that, you know, that presumably the economy will
quickly see, you know, a rebound or an additional just change come January?
Well, I think we can see very clearly in the numbers that as coronavirus cases, infections
rose in the late summer and early fall, the job market and the overall economy took a big hit.
We saw a sharp slowdown in job growth.
We also saw a sharp slowdown in economic growth with the rise of the Delta variant. Both economic indicators like restaurant reservations and airport traffic numbers and the jobs numbers that we now have for October have also improved.
So there's no question that the economy does better when COVID is more under control.
And this is something the president talked about at the White House today. His administration has really put a premium on
increasing the vaccine rate in this country in a number of ways. And the new OSHA requirement and
the requirement for health care workers that you talk about is just part of that.
That's good for our health, but it's also good for our economy. Now, vaccinated workers are
going back to work. Vaccinated shoppers are going back to
stores. And with the launch of the vaccines for kids ages 5 through 11 this week, we can make
sure more vaccinated children can stay in school. We've also seen some companies, even before the
government required big employers to make sure their employees are vaccinated or tested every
week, there were some companies doing that on their own.
Tyson Foods is one example.
United Airlines is another.
And what we have seen is while there is some pretty vocal grumbling
when those requirements first get rolled out,
in the end, most workers do in fact get vaccinated.
And some of those companies have seen significant increases
in their vaccination rates as a some of those companies have seen significant increases in their vaccination
rates as a result of those requirements. You know, for a long time this spring, both the government
and employers relied on carrots and various incentives to get people vaccinated. Some people,
though, it apparently takes a stick. One other thing that Biden mentioned this morning was he talked about rising prices for families and wanting to do something about that.
I mean, the Federal Reserve is looking at inflation and how it's affecting families.
How are they trying to deal with this?
Because it seems like on the one hand, you have an economy that is not completely recovered.
On the other hand, there's this concern about rising prices.
So how are they balancing that?
Yeah, it is a balancing act for the Federal Reserve, which has competing goals or sometimes
competing goals, which is one, maximum employment, and the other,
stable prices. And right now, there does seem to be some tension between those two goals.
The Fed is really putting its emphasis on maximum employment. It's keeping an eye on rising prices,
but it's trying not to overreact to rising prices because the way it would typically
try to rein that in would be to raise interest rates.
And when you raise interest rates, it tends to slow job growth.
And right now, we're still more than 4 million jobs short of where we were when the pandemic
hit.
So for now, the Fed is really emphasizing maximum employment.
It's monitoring these high prices, but it's not using its big weapon to go after those
high prices like raising interest rates.
It wants to be very patient about doing that and let the job market continue to heal.
Scott, I want you to help us understand just how large of a problem inflation is.
I mean, can you help us contextualize where we are at this point historically. And, you know, we've often heard administration officials and the Fed refer to all of this as transitory, which I think in the minds of many people
means short term. But it seems like that's not what the Fed is saying.
Yeah. Fed Chairman Jerome Powell talked about that this week. He said,
in this case, transitory does not mean short-lived, although how long-lived this high
inflation is, it kind of keeps getting stretched out.
There's no question that the various supply chain bottlenecks that are contributing to inflation and the high prices themselves have been longer lasting than a lot of forecasters thought.
And the Fed now thinks we're going to have some of these bottlenecks and high prices well into next year.
But Powell says what he means by transitory is that it's not permanent.
It's not going to go on forever.
It's going to go on perhaps longer than people thought, but there will come an end.
And the assumption there is that most of these inflationary pressures are still basically
tied to the pandemic.
And of course, the pandemic is still with us. And
until we really put the pandemic behind us, we're going to have some of those supply chain bottlenecks
and some of the resulting high prices. What would really be worrisome for the Fed is if it looked
as if we'd gotten into some sort of wage price spiral where people were demanding higher wages
in order to keep up with high prices. And
then in order to pay those higher wages, businesses were having to raise prices and it just kept
ratcheting up one after another. That's kind of what happened back in the 1970s when we got
runaway inflation that stretched into the double digits. The Fed is on the lookout for that,
but it doesn't see that happening just yet. We are seeing wages going up. We are seeing prices going up.
But the Fed still thinks both of those are pretty much tied to the sort of temporary
circumstances surrounding the pandemic and that both wage pressures and price pressures
will ease as we get into 2022 and hopefully the pandemic recedes.
Well, that was a little dense, but obviously all incredibly important.
And Scott, thank you very much for joining us as always.
Good to be with you with some good news for a change.
All right, we are gonna take a quick break and we get back.
It is time for your favorite part of the show,
Can't Let It Go.
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And we're back and Kelsey Snell has rejoined the show.
Great to have you back.
I am very excited.
It is time now to end the show like we do every week with Can't Let It Go.
That's a part of the show where we talk about the things from the week that we just cannot stop thinking about, politics or otherwise.
Aisha, why don't you kick things off?
Yes.
So what I can't let go of this week, we have our awesome colleague, Scott Detrow.
He was out working hard overseas over the past week and into earlier this week.
And while he was in Glasgow, he was in the motorcade,
and he saw a particular site that he noted in the pool report,
which is this thing,
this email that goes out to lots and lots of people.
And what he saw was a large naked man standing in the front window of,
of his house.
Um,
as the,
uh,
motorcade passed by. And I guess he was just trying to take some pictures of the the motorcade passed by.
And I guess he was just trying to take some pictures of the presidential
motorcade.
And maybe he didn't know he was flashing everybody.
I mean,
you didn't,
he didn't know he was naked.
Well,
look,
maybe there's a lot of unanswered questions.
Maybe he didn't know that everyone could see him.
And that windows are see-through.
Look, y'all should, or maybe he feel like he was in his own house and he was comfortable and y'all should mind y'all business.
He just won't take a picture.
So, but this was, this turned into an international incident and, you know, it got picked up by lots of papers and, you know.
Tabloids galore.
I know.
I saw it.
It was everywhere.
It got him so much fame in the tabloids there.
So, question.
Do you all think that he was trying to take a picture of the president out of excitement?
Or was he, like, making a statement by his choice of lack of attire?
It could be a bit of both.
I think to me it seems like most likely what he was doing was like,
oh, look at all these cars passing by.
This is new.
And then, you know, you run to the thing,
and you're just in your birthday suit, and, like, you don't think. I feel like maybe he didn't think everyone could see him,
or maybe he wanted everyone to see him, you know.
Because he's proud of himself.
Well, he collides Scott Detrow's arms, so.
Well, all right.
I am going to go next.
This week, you know, we were talking about elections in Virginia, New Jersey.
There were elections in a lot of other places.
And there is a race that caught my eye, in part because I was a former resident of the great state of Massachusetts. And in Boston,
there's a woman who won the race for mayor. Her name is Michelle Wu. Y'all might have heard of her.
I don't know if her name was mentioned too much in national headlines. She's Asian American. And
the reason I found her story so interesting is, you know, I used to live in Boston. I covered the former mayoral race. The former mayor is Marty Walsh,
who's now part of Joe Biden's cabinet. And Boston is one of these places that has a reputation when
you talk about race. Some may say it is a deserved reputation. Bostonians may disagree a bit. But in any case, Boston has never had anyone but white men as mayors for its
200 plus year history. It's, you know, one of the oldest cities in this country. But she won,
and she won rather convincingly in a city that has never had somebody like her. They've never
had a woman as a mayor. They've never had a non-white person. Yeah. That's what I was going
to say. They've never had a woman. Yeah. It's a lot of ground
to be breaking
and that's,
yeah,
that's really amazing.
Especially in 2021.
Why do you think
it had only been like
white men before this?
Yeah.
I feel like there's a,
that's a whole
deep conversation.
Oh, that's a deep conversation.
Okay.
I mean,
I don't know.
Have you all spent
much time in Boston?
I mean,
Boston is this place
that just has like,
it has a reputation when you talk about race and some of it, some people feel is deserved. I'm sure you all spent much time in Boston? I mean, Boston is this place that just has like, it has a reputation when you talk about race.
And some of it, some people feel is deserved.
I'm sure you all have heard these stories about kids getting bused.
And, you know, it's not New York or Chicago.
Look, I love Boston, but it is, as many people of color would say, over the years, it has not been a particularly hospitable place.
And I think there are aspects of that reputation that are valid and true.
And it's taken a long time for the city to move past, I think, some of those really rocky moments in its racial past.
I'm not saying it's there yet either, but there's a lot there.
Well, guys, mine is an extreme left turn.
While I often will do a can't let it go about
animals. This is a little bit of a departure even from that. I missed this video when it first went
viral. But I saw a headline that Popeyes has terminated a franchise agreement with a DC
restaurant after a viral rat video. And I'm like right i'll click on this it is it is astounding
it is that oh this man walks into the popeyes turns on the light and the rats go running up
the wall there were like 50 rats oh man there are so many rats and he was like delivering the
chicken he said he delivered the chicken because he was able to. So the store was closed.
He opened it. Oh.
And then the rats went running.
Here's my thought on this.
I bet the chicken in that Popeye's, I bet it tasted real good.
I bet that food was.
Well, no, because this story, this story says they shut down the restaurant not because of the rats,
because they found raw chicken and other potentially hazardous foods were stored at improper temperatures.
Oh, no.
So maybe that food was not so good.
No, I bet that food was delicious.
Here's my rule of thumb.
And not the rats.
I wouldn't go to a place after I've seen the rats.
But sometimes the dirtier the establishment looks, the better the food.
Like the food just be delicious.
And the other thing is...
But rats is too far.
Rats is too far.
Rats is too far.
I still love Popeyes.
I still love Popeyes,
but definitely not that Popeyes.
Not that Popeyes.
Don't love that chicken
from Popeyes.
All right.
Well, that is a wrap for today.
Our executive producer is Shirley Henry, though today is a bittersweet episode because it is Shirley's last day on the podcast.
She's leaving our Washington team here at NPR, taking on a new job at the network.
We will all, of course, miss her more than she can imagine.
Shirley, for all you
all listening, I just want you to know is the voice of reason on our team. You know, she is the one
who reminds us, as I say, to check ourselves before we wreck ourselves. She pushes us to be better,
fairer, and smarter. And so, Shirley, we will all miss you so much. We're also very excited that
she's not going too far. Yes, she'll still be with NPR, but in another job, but we will miss her desperately. Our editors are Mithoni Maturi
and Eric McDaniel. Our producers are Barton Girdwood and Alina Moore. Thanks to Lexi
Schipittel and Brandon Carter. I'm Asma Khalid. I cover the White House. I'm Aisha Roscoe. I also
cover the White House. And I'm Kelsey Snell. I cover Congress. And thank you all, as always,
for listening to the NPR Apologist Podcast.