Feb 23, 2024
Schaftlein Report
Airdate: Thursday, February 20, 2024
Guest - Andrew Crapuchettes
Headline - Economic Anxiety While Stock Market Booms
1) What's behind the anxiety of a labor market with a 3.0M job gap
of Full time versus Part time.
1A) Government Surveys used to determine labor numbers
1B) Nvidia earnings power the S & P 500 to record territory with
the stock up $100. Artificial Intelligence boom!
2) How are 15M Illegal Aliens in the country effecting the job
market?
2A) A Huge issue with the American people. Executive Action
by Biden coming?
2B) What are the politics behind this?
2C) Democratic states earmarking $500M for Illegals cash
payments?
3) With a growing economy, how come CA has a budget deficit of
$73B
4) More polling shows Trump with a 3-5 point lead over Biden as the
incumbent is under water by 20 points favorable or unfavorable
opinion while Trump is -11
5) Biden cancels another $1.2B of student debt further adding to
the budget deficit pf $475B over 10 years
6) Famed Investor Bill Ackman refers to Biden as a "National
Embarrassment"