Justice Stephen Breyer to retire from Supreme Court, paving way for Biden appointment
This is an unofficial transcript meant for reference. Accuracy is not guaranteed.
Ride lies, pictures of war saw this morning and other beautiful day here in Warsaw, it's a little later here good morning and welcome to morning Joe it's Thursday January, twenty seventh with us, we have Emerson BC, contributor, might Barnacle MSNBC contributor and best selling author of the confidence Code Series Caddy K I do,
Caddy are good
yeah getting there had at last word about pervades the ETA excitement the other day with abscess on my knights and covert, who you all these things that covert can give us that we didn't think about. So, if you see the bandage, I'm sorry guys by much
All neck is perfect and historian and Rogers Chair and the american presidency at Vanderbilt University. John Medium joins us. We
again with the big news that broke yesterday about the Supreme Court Justice Stephen Briar intends to step down after twenty eight years on the high court bench. His formal announcement could come as soon as today. His decision gives President Biden the chance to name. Is
replacement while democratic, still control the Senate and busy news justice, correspondent, PETE Williams, has the details. People close to
Justice prior say he made the decision to step down within the past several weeks and prepared to formally notified the White House this week at age.
Three he's the court's oldest justice and appears to be in good health. He remains highly productive writings
but last terms headline decision, but is also a political realist of former staffer on the Senate Judiciary Committee. Who knows how Washington works? He was well
that some progressive said Justice Ruth bade her Ginsburg state on the court to long despite battles with cancer, her death allowed President Trump
Lapoint, Appoint Amy Coney Bear at giving the court a super solid. Sixty three conservative majority, Brian
at last fall that he knew of the pressure for him to step down while Democrats control the White House and the Senate, which would vote
confirming his successor have mostly considerate
in mind, and I simply have to weigh them and think
the main decide when the proper time is. I've also said that I do. I hope I don't die on the spring or any nominee of President Biden to succeed. Justice Briar, if confirmed, would maintain that current six, three ideological split I save and riots solemnly swear
Clinton nominated Briar than a federal judge in Boston to the Supreme Court. In ninety ninety four, he was confirmed
eighty seven to nine briar quickly
published himself as one of the Supreme Court's moderate liberals who believe that inter
The constitution must be practical, changing with the times. The reason that I do that is because law in general, I think, grows out of communities and people who have some pride
homes they want to solve. He wrote the court's opinion striking down a state law that ban some late term abortions. He supported
format of action and other civil rights measures and in a
idly noted, descended twenty fifteen. He said the death penalty in America had become so arbitrary that it was probably unconstitutional. His real legacy probably is trying to take the law in a pragmatic direction. He wanted the law to work. He didn't want just abstract legal rules that made no sense in the real world just
Briar will be around at least until late June, when the term ends voting.
the challenge to abortion, rights and Roby Wade, as well as cases on gun rights and religious freedom, one of the most
terms in years
John Medium. Here we go again.
these obviously become extraordinarily partisan people act as if they were only been partisan.
the past five years, but
be hard to beat. The
hearing, sir, actually, the Borg nomination. Even before now
brings began held in tents and now porters, and that was Miguel was Strada, is well.
and, of course, Mary Garland, not even given the day
decency shown the decency of of people meeting with them in their Senate office, so
Yes! Here we go again any reason to believe that this is going to be less heated then pass.
nomination fights
I don't think so. I think you're right that history would say that the numbers guide- this is loans or some other factors about that particular nominee. There that we don't know about coming in
if the White House
the fifty senators plus the vice president. It probably moose fairly quickly, I think,
That is a sentence you can pluck out of context and apply to several different things over the last fourteen months and the conditional, if didn't, come to pass, and so you just need just never know. The significance is an almost impossible to overstate for all the reasons that peace reporting shows up our finest hours as a country of come in some ways because of the Supreme Court and some of our worst
It is an institution that gave us threats.
and Plessy versus Ferguson S
the decision that gave us Brown versus Board of Education thousand
it is. You know well that the
focus on them
right side of politics to the conservative side of politics on the cord, particularly
sense: Eisenhower, appointed chief justice, warm
you see to fruition in the graphic you just show right the intense view that
ships matter, and I I
it's pretty clear to me that in in the popular imagination, these
judge ships, these not just the Supreme Court.
They ve always been hugely important, but they took on this
secular ideological significance, really
after the criminals.
decisions. The integration decisions, the eye
The war in court had gone too far
and so I think we were swimming wife- a seventy five year of that,
yeah, I'm any you! You are right. I saw you yesterday talking about after the nomination talking about one of the reasons why republicans are so an intense and so
August
every now many now you go back, you trace why
republican present after another. Yet, of course,
It was I like that that,
America Earl Warren
Brennan, you can
then I'll ride through suitor alone
lot of Republicans, alot of conservatives angry Sandra Day, O'Connor and then
Kennedy when they had chances time and again to and Roby wait they away.
Refused to do it.
So this is like a conservative quarters six record. At the same time as we ve mentioned on this programme several times, it is also a court
It was really.
One of the only branches, one of the three branches
the I guess a better way to save the wine of the three branches.
actually took their charge from the.
institution seriously being a separate legal power Standing
Donald Trump
attempts to overthrow the election in case after case after case
absolutely Andy intercourse Nixon is another example of that arrived, so he it's for appointees, because
the well!
We wouldn't you when you get a conversation where a fortis comes up, it's probably time to keep moving, but he Harry black men was his appointee, who wrote Roby Way, and so I think, there's there is, there's been a sense of institutionalized betrayal to some extent and then the
I is never gotta be fooled again is is or the articulation there. I think that, if
the constitution
as I hope and pray- and I know you do
endorse through this particular moment of stress and strain it maybe,
I'll be because of article three.
the judicial branch and
This so much. It's so interesting in this. Why this confirmation that we so interesting you know so much of our country depend
on this score
as opposed to the letter of law?
custom bright and
one of the things that the
Five years has shown us. Is that
there's an authoritarian streak in the country that puts power?
or above almost
nothing else, since fake electors to the national archives
We know how fragile this is. We ve always
an intellectually or I write code, Benjamin Franklin, your bedroom, Frankenstein Needlepoint pillow of Arab Republic. If you can keep it, but then
moved from the Quaid.
Through the existential in the less
I think of the last two years in particular,
It may well be that the court is the place. Where
election challenge an election challenge. Some forty
amendment challenge to having election result overturned, something like that is
Probably we gonna end up in that room
he's just as going to decide so
I was President Biden looking at this pact join its now NBC News corresponded Josh Letterman, who covers the White House just go to see this morning, President Biden made an explicit promise to democratic motors first in South Carolina. Remember he was reeling coming out of New Hampshire and one thanks
black voters in South Carolina thanks to Jim Kleiber in South Carolina said. I will pick a black woman to be my first Supreme Court just as well. Here we are so who is out there whose on the board- and how is he looking at this gay- think back to
a moment during the campaign and the jump start to president by his campaign at his declaration that, if elected president, he would name the first buckle meant to disprove court. Those two things were so rolled up in one Willie that it's easy to see. Why now the White House is looking at this moment as a real opportunity, especially when they look ahead to the mid term, see I think it's it's right, that they know that this is likely to be a big fight, but this is a fight that the White House would much rather be having. Then, for example, you know a fight over which we progressives in and moderates over, build back better. You know it's one that is there, there's no issue other than this is going to energy eyes the base as much and give the president a chance to deliver on that commitment. The. Why has already making very clear that President Biden stands behind that pledge to name a black woman to this sea, even though we haven't heard at length yet from president by non that, although we do expect the present to appear today at the White House with Justice Briar for that retirement announcement, unlikely will get a pic today from President Biden, but we do know that he has long had this list at the ready of black women. Who are you know in many cases already sitting on a pellet benches? I could easily be put into this vision, of course, first and foremost on everyone's minds this morning is judged Katagiri Brown Jackson on the D c circuit, both because of her long distinguished career. That really puts her in a good her arrest.
For this role, but also at the fact that it was not that long ago that she was confirmed by the Senate, including by several key republican senators, who would now have to explain why they would vote against her confirmation to the Supreme Court. Folks, like Senator Collins, I and Senator Mc Caskey, and so even though this is not likely to be an overwhelming vote in favour of a nominee. We haven't seen that quite some time at the White House feeling fairly confident that, regardless of which one of these women they select, they are going to be able to get this through in fairly short order and that it will help them change. The narrative that has been so difficult for the by demonstration over the last couple of months, Willie
Georgia is makes an interesting point about Judge Jackson, where the vote just last June to have her confirmed to the circuit court of Appeals, Deasey Circuit. Arguably, the most important court outside of the Supreme Court in this country was a fifty three forty four vote collar
we're Caskey and yes, Linsey Gram voted to confirm, Judge Jackson. She is seen as the front runner, but the president has a long list. Long prepared
really eminently qualified candidates, for this position
Yeah. That's interesting. That Lindsey voted
for her nomination grandma also voted years ago back and in the ice age for Ruth Paine again sparks nomination. I believe, when
when I think Army G got killed
the ninety votes a different time completely.
might barnacle. What can you tell us about this election are about about this vacancy, how it came about, and also
about justice, briars legacy
this is an interesting question. Given the context of the times that we're talking about right now
Just briars judicial career began in the town and the United States Senate and the
legal system that really does not exist today. It's
one thousand five hundred and seventy nine one thousand nine hundred and eighty Jimmy Carter is president of the United States,
Canada is chairman in the Senate, Judiciary Committee, strong Thurman is a minority ranking member in the Senate, Judiciary Committee and Joseph Far Biden is a member of the sun. The judiciary, committee and Stephen Briar is council to that committee and there's a vacancy in the federal appeals court out of Boston Massachusetts sent
Kennedy who loves and having a contentious time with Jimmy Carter, running against them
presidential primary wants Archibald Cox too.
That open slot Carter says no not happening in time
passes Kennedy withdraws from the presidency and
Can find Burg who went on to become the pays are then ran? Ted Kennedys office suggests
Steve Briar, the council, yet the slot
Kennedy S, Carter, denominate, nominate to the federal appeals court in Boston Carter agrees to it.
becomes a federal judge in nineteen eighty and fourteen years later, when there's an opening in the court, TAT Kennedy asked Bill Clinton to pay
Stephen Briar on the court in that's how it happened
Dr Thurman was instrumental in asking Ronald Reagan after he be.
Carter handily in November of nineteen eighty not to remove briars, then nomination from the West Bank
strong sermon tells Reagan Briars, a really good guy gets along with everybody, a lot of common sense by Storm Thurman like Stephen Briar. Could you do me a favor and let that nomination stand Ronald
again did and that would never ever happen in today's political climate,
No we're not we're going to continue to talk about this, but we want to move to the other big story of the morning. There's been no let up in the tensions in this region of the world, especially in Ukraine, as Russia continues to add troops near the countries border. You continue to do it
This comes as the. U S and NATO formerly respond to Moscow Security demands in the letter
and busy news. She, foreign correspondent, Richard Angle, has the details from Ukraine:
this time: Russia mobilized its ships in the black Sea, as it can
use its military, build up for a possible
invasion of Ukraine, always
intelligence official, tells NBC News rush. It has one hundred twelve to one hundred twenty thousand troops on Ukraine's borders in sixty battalion technical groups with more
maybe many more on the way he looked on Russia,
as you all in response to what the Foreign Minister called Europe, is threats from the west to what
Russia and punish it with sanctions in
Russia will not invade diplomatically the United States.
formerly gave Russia written answers as requested, which fell far short of
Mr Putin sweeping demand that NATO expansion.
since the collapse of the Soviet Union, be undone,
and Ukraine never be allowed to join.
I can tell you that it raise what we said
for many weeks had any sense for many many years that we will uphold,
the principle of NATO's opened or so
the question here is obviously
The key question is whether Vladimir Putin is going to be invading Hugh Crain that, obviously what
All of this? This craziness has been about the past couple weeks. I will say
a really fascinating sub plot and one that I never saw coming
was the near betrayal of of
german ally Sue event.
Extraordinary allies, since nineteen forty five posts postwar
and the fact that their was there acting like IRAN, making making
people who want to stop this invasion from Potan fly.
Around their airspace doing everything they can.
stand in the way of of a defence against the invasion. I'm curious
Your thoughts are also what your hearing from other NATO allies about the fact that Germany seems
be more interested in protecting Vladimir Putin than a country.
Now, teetering on the
think of invasion.
Germany's intransigence on this Joe is rankling other Europe.
in countries and other allies as well. The Brits actually didn't even ask the Germans if they could fly their planes, that transport planes
That they were sending to Ukraine,
german airspace because they didn't wanna put Germany in the position of saying no, so they didn't even bother to make the request and then the Estonians wanted to say
arms, howitzers too,
Ukraine to help the ukrainian effort. The German said you can't send those because they actually originated in Germany, Wharton from us, and so you can send them on to Ukraine to there being pretty
hard line on this and is causing quite a lot of discomfort here in Washington, but also amongst other allies as well
Particularly those central european countries who got out of the soviet grip and our very nervous those baltic states, in particular Poland, where Meeker is Romania, all NATO members who are very nervous about what Russia is doing in Ukraine, and the answer is pretty simple: its itself interests Germany last year imported something like between
fifty percent, to seventy five percent as much as seventy five percent of its needs
we'll gas from
from Russia and its very dependent gas prices of sword in Europe, see other up three hundred percent people having crippled by their gas bills and Germans, the german government is just very nervous about doing anything that might lead to it, not getting the gas reserves. It needs to heat its people in the middle of a of a cold. You
in winter, and so they are looking at their pocket books and they're playing us venal realpolitik
as far as they are concerned, but it could come back to bite them because,
Russia actually moves on Ukraine? You're? Going to
pressure within Germany in this new coalition government, particularly from the Green Party members, rightly a foreign ministers say we have to be tougher on Russia,
Josh. As you know, if you talk to people around the White House and the State Department of Defense, they haven't fully conceded that Putin's gonna go into Ukraine, but they will say it's looking more likely just based on movements up to the board troop movements equipment movement in that direction. So we heard from Secretary of State Powell
in that they offer those responses to the russian demands. The russian questions at present buying was intimately involved in that process. But what is the White House view right now of where this is headed?
very concerned about what caddy was just describing in terms of the effects that fears in Europe about the energy supply are having on the ability to really maintain this transatlantic unity and this unity between the- U S and its NATO partners, and so now a one of the things he ministries is trying to do really. Just in the last few days is figure out. If there are ways that the United States could actually a shore up the energy supplies of these european countries, if Russia were to cut them off in the midst of a military conflict and hot, they are hoping that the Europeans will then be more willing to be forward, leaning in cracking down on Russia, imposing sanctions, etc. If they're, not as worried about their own energy supplies by all outside opponents, is that effort is really just a coming together. They are kind of building that plane as they fly it and, in the meantime, the? U S providing that written russian response that you are describing Willie and, as I have to say, you know
Is it couldn't make it very clear that this was something he was insisting on, and so the EU has agreed to provide this in writing, but by all accounts, even though this document hasn't been made public. U S, officials are saying there's nothing new, and there is no surprise that the U S is putting in there and they are essentially laying out what they are willing to discuss it in a potential off ramp with Russia
this conflicts such as in a transparency around? U dot S, force posture in Europe and placement of nuclear capable missiles are within the continent, but that you know, barring Ukraine or anyone else from NATO still in logos. If it's not like, there's a shift and US position reflected in that and there's not a shift at all from the russian side, but either the only thing that's shifting in the last few days is more and more russian troops towards the border into Belarus as well. And so that's the reason that the White House, as you point out, Willie, really does feel like this is moving in the direction of a military conflict, even if they really try to keep that door open.
Diplomacy if they can get Putin to take it
she's Josh Letterman, covering a busy morning at the White House. Forest Josh thanks so much meagre
Right still, I had on morning Joe FED Chair, Jerome Powell signals an interest rate hike could becoming soon what that means for the markets this morning, plus why
officials acknowledge Corona virus may never go away. What Doktor Anthony thought she is saying about. Finding normalcy also had a powerful winter. Storm is expected to hit the east coast this weekend. Bringing heavy snow and strong winds. We'll have a look at where the storm is tracking, you're,
morning Joe we'll be right back
City of angels to kindly old Ladys wanted to help homeless. Man get off the streets wherever, and so they did listen to the thing about Helen, an ogre knew from dateline wherever you get your podcast
and boil and was thirty four which united the capital in January. Six. Three days later, I learn shoes from my home town from MSNBC. Remember he dean, and this is
can radical historian how one woman became a foot soldier in one of the most dangerous movements in America happens: Weekly just going from being a totally a political person to dying, are travelling to six american radical, the newest MSNBC original podcast series search for American radical wherever you are listening and follow.
I fell in love with these kids and I didn't want to see them fall victim to the system for Madame a problem.
I told them that
graduated from high school. I would pay
their college education. I have made some
DE promises in my life, but how?
down. That was the most chairs
oh, my god. Oh my God Valley. Some though, and I never saw you get Zadok episode,
Jack? And I suggest you have to see this camp Willie's when he's
in talking about Scots tied city goes and then he's gonna sell steadily laptop education means getting ever my top and then, instead of a laptop and battery he's asking for the battery back one of it it is, it is
screamer, I it is one of them a delete, the room. He said
watch this anymore skies so bad. What's it going to do what you get
show that holds up huh, oh my god, through the generations. It's funny you know, Ricky Gervais supports, originated that role in the UK is Catalinos in Jimmy Fallon asking the other night. What you like better, the British in the american and
your base is why, like guys
the british version? My accountant says the american versions in very well with it was in good hands. There was Steve Corral, so why did we show that seen from the office where there's universe in Michigan that told fifty eight
I school seniors their version of Scots tat. They would we see the Earl Scholarship Full scholars, including tuition woman border mission in the honors, nor ran five thousand dollars to study abroad. How exciting is that, where
turns out ravage was sent by mistake when this out at human, that's something and technology. Oh no, there is a happy ending those central Michigan University now says it does plan to pay full to wish for the students who had been sent. The message by mistake. The other marks, however, will not be a part of the deal. So they send this emo blast as a test of their system.
do they can't believe they're? Good luck? And it was all big mistake by good news. There was little to wish in at least Mr Scott restricts guy got it. Do you think you get? Why don't you do a test of your system maker that my own no test,
and you said, Zeb work to do it do not promise right
its more please get home, these very, very, very, very bad. Don't do that k, also making headway
This morning President Biden will travel to New York City next week to me was Mare Eric atoms. According to the White House, they're gonna, just
strategies for combating guns crimes. The meeting comes on the heels of a second Nypd officer dying from injuries sustained during
shooting last Friday night in Harlem
York city has seen uptake and gun crime. This week, Mayor Adams laid out a plan that would put more officers on patrol expand the partnership between city and state police and restore
or a controversial and I've gone police unit, and
One of the largest icebergs ever has melted
iceberg known as the eight sixty eight a first made headlines in twenty seventeen when it broke off, and I
south on the Antarctic Peninsula at its laws.
First, it was more than one hundred miles long and thirty miles wide and was about eight hundred feet thick with eighty five percent of its mass
hidden below the waterline as it thin
and melted into quote: nothingness. The iceberg
waste a huge quantity of fresh water into the sea enough to fill
olympic size Swimming Pool sixty one million times over.
flux of so much fresh water could affect plankton and other organisms in the marine food chain. That's a big story, there's also
a major winter storm headed to the northeast. Let's go!
two meteorologist bill occurrence for the latest on that bill. Looking to tell us.
yeah the morning meagre Saturday is gonna, be a blizzard looks like from Cape COD through the Boston area, up into areas of main doubtlessly
Guarantee portion of the forecast, the rest of it. We saw the lot to determine when we try to explain first off to get a big snowstorm. We need to be cold and it is past
Julia there may look at northern main this morning. Its negative twenty eight degrees in cariboo assorted, cause I've ever seen in northern made or negative seven insert useless plenty of cold air insight to be used up by this store. We now at thirty, four million people, including winter store, watches including Boston, the New York City area, Philadelphia, most of New Jersey. I doubt you re
in Washington DC is not in the winter storm watch in that kind of a little with a hint of who's gonna get hit hardest by the storm, so we still have disagreement. Unfortunately, our european computer model is still Santa pretty decent shot a snow from failure to New York to Harvard the Boston, but our american
Peter Model, just came in about an hour ago, is much closer,
toward the canadian maritime farther away from the northeast and has barely any snow for Hartford New York in Philadelphia. So we still have some disagreement so ass
Now the best course
action is to use what we call the national, blended model, etc.
combination of a lot of different models that kind of way taken an average and so
now. The thinking is deasey, maybe an inch or two. Nothing. That's cause you to any problems on the roads. New York city are right on the edge of what could be heavy snow or really lighter that right now,
cities right now, three to six inch range, but if you're out a long island could be easily nine twelve inches. So it's a very narrow area that is gay
be right on the edge of that heavy snow or not. The Albany
but a district area probably very little snow for you. But when you get over towards Boston down towards Nantucket Blizzard conditions likely guts could be fifty miles per hour
one the two feet of snow somewhere from Cape COD, up the boss and maybe even Downeys made and with fifty two sixty miles per hour. Winds were easily could see. Power outage is too so, hopefully, by
tomorrow, whenever one has to make their final calls with travel plans will be other pinpoint their DC to New York City, for it gets a little better for you, but we know for a fact, Eastern New England you're in for a good
old fashioned snowstorm, Come Saturday Erica
ok, bill! Karen's! Thank you very much for that report. We appreciated and coming up. First it was accusations of parties during covered lockdown. Now,
its evaluations of animals from Afghanistan. We're going
splain. The latest development around british Prime Minister, Boris chunks and that's adding two calls for his resignation and Neil Young is no longer on Spotify. It has
nothing to do with music. He said
The streaming services spreading covered misinformation, work,
dive into all of that a little later on morning, Joe we'll be right back
hey it's crazy,
this we gonna talk asked: why is this happening? Producers Tiffany champion and Danny Holloway join for our mailbag. We answer your questions. What advantage
is using journalism offers one searching for truth. What was the most intriguing?
that, you learned from a guess how
trained are weak when it comes to choosing the types of conversations that we want to have does a lot of reasons for feeling doom and gloom right now. What gives you hope that
week, unwise is happening. Search for wise is happening where real thing right now and subscribe.
Everyone on Tom Yarmouth from top story on NBC News now, every night top story is your news: playlist
Take you to the front lines of the story. Works actually happening with envy sinews journalists on the ground from all over the world. We cover what you need to know and bring your newspeak to life and now tough stories available as a pod cast. So you can listen anytime anywhere, subscribed now from new episodes every week,
I suggest to London
once you Vonnegut in the background itself. Quite
hey Mister, Scott AMOS Use, God what you're going to make our dreams come true, but it's pretty clause
are song. Really I gotta say
words Eve on
incredible artist, and
the words I just love this. I love the song so much and his hair was
Shape is perfect, but I have to say whenever I see across walk like that in London, I think about his Abbe road. I know that's, not every Roma, you see those lines in its want the whole thing
exactly exactly eight, you now
things, are pretty call over their politically.
is: I am always argue road. No, my luck.
Finally, let us for many years after fifteen years morning
finally gets its Abbe road? Can man
sat ring. A walking across the street anyway, but well so this morning, british private suborners Johnson get this
is once again on the defects.
Over another issue. This summits, whether he authorize the evacuation of cats and dogs
eggs from Africa.
A stand not making this up a batch of, we deem elzevir to contradict Johnson's claims of having nothing to do with it
regulation of animals were british charity in Afghanistan. Is a country fell to the Taliban?
and human beings were scrambling to find a way out of that country.
since this may claim varies, intervene and prioritize the safety of cats and dogs for that of people.
And he said that with complete rubbish
are nonsense. Those denials appeared to be contradicted by a message from a british diplomat made public on Wednesday by the House of Commons Foreign Affairs Select Committee, drowning
We continue to deny that the private us or any involvement in this case
and dogs episode, Johnson's already facing accusations, of course of mislead,
authorities over parties downing Street that may,
broken covet, nineteen policies and caddy. We saw yesterday a picture of one of those parties, my god he was
outside
move, top
pretty socially distance to me again, I asked the question: are things going so well in great Britain?
the continued to obsess over I'm talking to people.
Outside and now
this cats and dogs gay caper of
Diana Economics is a series. Is this going to bring Boris Johnson down
it's raining: cats and dogs and policies and programmes for him. At the moment I mean he just like can't seem to catch a break and its. I think, once at the heart of all of those, you mentioned the one of the things the Prime Minister has said about this cats and dogs scandal and whether he prioritize getting animals out of Afghanistan, Robin people and the Prime minister was asked about it in December and said it was complete nonsense and I don't think Joe, it's the one or two individual parties. It's a pattern,
the Prime Minister denying things- or in this case appearing to have lied about them and thinking
he can get away with doing things that other people are doing that
what's causing him problems
Johnson is useful to the conservative party when he is popular if he starts being unpaid,
below the conservative party is pretty ruthless. As we know, a rat Margaret Thatcher, they
in turn on him. If they choose to so he has to deliver the goods for him. For them.
at the moment, the one thing that he's men to deliver is being this kind of you, no popular lovable, roguish politician. Actually, the british public is souring on that
Is he still going to manage to do what he needs to do to keep the conservatives happy will we'll see we're waiting for this report from the civil servant who comes out on the parties? There's still, a lot of frustration amongst bread to suffer through lockdown in social distancing were very adhere to these rules, and even if it,
Outside they don't have a particular soft spot for people broke them take if it was the people made them in the first place,
no doubt this. I gather Newsome in California calls him some problems that I do wonder. John Medium Weather
we're seeing and what we're seeing in Britain may be coming to America. Soon. Wear
bloody, aiding right wing nationalist who seems to be
able to get away with me, I'm just about anything and defined
political gravity, maybe
Finally, getting has come up and we we see in Britain, one small nick after another, small Nick. Actually,
cause Johnson to bleed out politically there over here. Of course, it's
to every other day. Donald Trump has a setback either
New York state. Are the United States Supreme Court
in Georgia, where the grand jury and
bad news just seems to keep coming for him here as well.
Yeah. You know in a world where Donald Trump was elected president. Anything is possible,
die all for that. As a hypothesis, that's probably a theory. Give
given the evidence I
you lay out white
History would tell us that
Here's who burn so brightly duties,
burn out
just in godless impossible to
strike almost. It is impossible to know exactly how that happens and if it,
in fact happens again
we are there
polarized, as we have ever been were by all the political science measurements polarization Wade's it's at a global high for us in a global context, but
History is full of people
who a few Bristol
public figures
over reached outstayed their welcome.
and I think we just that- that site,
all unfolds and I think that
country as if the United States,
The most important thing we can do- and this is not a partisan boy- is decide.
do we want to be a country that works towards fulfilling the declaration of independence and creates prosperity and opportunity for
all because, if our bay as an opportunity, that means by opportunity safe
you make that argument and push it. Or do you constrict that opportunity
and and that, I think, is the central question.
nor I John Major is always thank you so much for being here this morning. We greatly appreciated and meek. Why do we have come up
we ve got a lot still I had a new report were finds that more than one hundred candidates running in the mid term, elections have ties to extremism. The head of the Anti Defamation League says: there's never been a moment like this. We'll talk about
I had on warning Joe
but back to morning, Joe ten minutes before the top of the hour on a Thursday morning, silicate alive picture of times Square in New York City, the Federal Reserve is suggesting it plans to raise interest rates as soon as March. In an effort to fight inflation. Nbc news, correspondent, Tom Castelo, explains occasion,
but we're going to Hawaii in her up right now and go to Steve Lee Smith. With the FED decision to the committee. Expect people quote soon be appropriate to raise the
range, each: a central bank strategy to fight skyrocketing prices from grocery isles to gas stations. The federal reserve suggesting it will soon start slowly raising interest rates. I think there's quite a bit of room
to raise interest rates without threatened.
Labour market analyse believe affair will raise rates gradually in quarter point steps, beginning in March, higher
strange will likely to more expensive car and student loans, credit,
it's a new home mortgages even as home prices. Nationally are a fourteen percent in a year here and feed
It's where new home prices have jumped thirty percent Jacob
China's wife, Nicole, are struggling to find a new home and fear it could soon be out of reach.
Its turned into more of a business transaction rather than our first time home by experience to gather data. Should
fine and enjoyable. The coming rate hikes follow an unprecedented two years: stock market plunging the war single day, dropping history in March of twenty twenty, the new pandemic and fear of a deep economic rout push them
Orkut into a steep dive. The very quickly dropped
rates to near zero, hoping to support
the economy and limit the recession
two years later, consumers are paying more for everything, from food and clothing to cars and gasoline as we're seeing inflation rise. That is a signal to the Federal Reserve that something needs to be done. Tom Costello
wording. They are joining us now. Former treasure official morning GEO Economic Analyse Steve Ratner Steve the morning when it gets your charts in just a minute. But what did you make of the feds announcement, or at least a signal that it come on?
It will play with those rates a bit to do something about this inflation. That's pushing up against seven percent now
yes, it's something that we expected the market expected. That has been signalling that for a while now and then
The question is whether, in fact, they may have waited too long you. As you know, inflation has gone up, bought economies roaring. You just saw what's going on with house prices, which is the principal target of interest
policy, keep house prices.
Fast as I've been going up, but
we're trying to land the plain that is growing at a very high speed at the moment, and the market is as easy as you saw in the stock
hit numbers quite enough,
about that. They're gonna be a lot of interest rate hikes, but the question is: are they gonna be so many the contrary
the German just said it does affect the job market. It does affect growth, it does affect the overall economy. There are not a lot of examples of
try to these tolerate an economy with this much inflation this quickly, without
having an effect on economic growth and even possibly ending in a recession? Steve will one year into the Biden presidency. By all accounts, I mean, if you look at the economy at many many indications at many levels of the economy. We're doing very well then yet
going to a store or you go to the gas station and the prices
the rise in prices shock you. So what is going on? What's happened? What can you tell us about? That's a great led into my charts, my thanks. So much, let's take a look at by the first year and how he's done on those three points, as well as a few other things, and even a couple of non economic thinks. So too your point. If you take a look at the trial, you can see that when we started the year economists,
Growth would be about four and a half percent, which is very robust, but we were coming out of a pandemic in five point. Six percent so well ahead of expectations
unemployment, we thought would be over five percent at the end of the year. It ended
Three point: nine percent, so great over performance on growth and on unemployment. But as you suggested, and as we all well know, inflation
the highest level in thirty years of six point: seven percent- that's the turquoise bar obviously compared to x,
occasions of two point two, so we got the inflation complete.
wrong? So two questions for you, one. How does a quarter,
point raised in the end the interest rates as they indicated they might do. How does that
down inflation and be the big question you might not be able to answer. Even you may answer this. Why is
that so many people don't want to go to work or those are to several questions are gonna
question nobody thinks quarter. Point is gonna, make much of a difference it simply, as you saw again and
sellers report part
process in which they go up and which are expected to go up at least four times. Next year's there'll be a full percentage point
go from there and it's not unusual, took up half a point. If you have to
This a lot of division by economists about where infrastructure going, but some predict they're gonna, go up I'll, have to go up an awful lot
to slow this economy down, and
second question about why people don't want to go back to work. I think they're really three reasons complicated questions. No one answer, but people
Given a lot of money, jury
the pandemic alot of stimulus checking a lot of unemployment insurance. They still have health care concerns and a lot of them simply don't want to go back to the old jobs they had. But if you take a look-
this chart? You can see that, notwithstanding all that, we,
huge job creation, we had six point: four million jobs created last year competitors,
so in a four point, seven, and if you look back the shark as although back to nineteen fifty one, it's fifty percent more jobs than it ever could
in a single year, but you your point. There are still
one point, six million open jobs in this country, a record number of jobs and two point: three million people have left
labour force, also to your point not actively looking. But let's take a look just before we finish on a couple of non economic, non economic things that happened last year to present and binding. So first we all know bill back, better, isn't passing, but you can see in this charter wait a sort of look at the over
picture, which is the fact that Congress has been doing less and less every year. If you go back to
nineteen eightys was passing torn and thirty bills a year. A lot of them are small, their names post offices and things, but it's a metric
to an authority bills.
From gradually going down, and now it's down the eighty one in the
first year of this Congress, one of the lowest second lowest ever really in history,
but on the right- and this is very timely, given the news about justice prior where a prison
fine has done exceptionally well, I'm not gonna that much attention for its judicial,
appointments. She's had forty two justice has confirmed to these desperate district court
courts of appeals higher than Reagan. You have to go back to Kennedy to find a record of that. Many confirmations and now
he's gonna get his first court pick which puts
The company of trumpets, by
Clinton and Reagan for having had a first year. More pick me
Our rights to stay with us coming up the push to make sure Joe Biden keeps his campaign promise to nominate a black woman to the Supreme Court and for
to choose between a popular pod, castor, who spreads misinformation.
and the music of NEO young Spotify
shows as the podcast her well done.
Gus the many dynamics at play at the cumbersome in the controversy over Joe Rogan
I think I know what I'm doing with my Spotify account mornings,
coming right back
It's the politics of climate change, the challenge
of racial injustice or the ongoing threat of the corona virus. Msnbc daily is here to help you better understand. Issues of our time explore enlightening articles at MSNBC, dot com and, in every morning, news letter sent straight to your inbox. You'll get
depth analysis from colonists who are experts in their fields, MSNBC Daily visit, MSNBC, Thou com to read now answer:
cried the newsletter for free.
Transcript generated on 2022-02-04.