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Speaker 1: Bloomberg Audio Studios, podcasts, radio news.

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Speaker 2: A single best idea and just one vignette into what

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Speaker 2: we do and how things get emotional. Once years ago,

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Speaker 2: Reggie Jackson was sitting next to me, the giant of

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Speaker 2: Yankees Baseball, and I'd done a little bit of my

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Speaker 2: time keen homework, and I said, did you ever talk

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Speaker 2: to your father about playing with Willie Mays? And he

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Speaker 2: stopped cold out of Oakland, California, generations ago talking about

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Speaker 2: his father and the impact that Willie Mays had on him. Today,

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Speaker 2: we had that in Bloomberg Surveillance and single best idea.

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Speaker 2: We had a football player who completely changed the game.

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Speaker 2: There's maybe two or three others across the span of

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Speaker 2: one hundred years that have done it. Frank Tarketing came in.

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Speaker 2: I didn't say it on air, I said seventy nine

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Speaker 2: in holding. He is the most vigorous eighty five year

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Speaker 2: old I have ever met. It was just an extraordinary

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Speaker 2: moment to speak to frand targetin about the state of

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Speaker 2: the game, about his really unique background in Georgia and

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Speaker 2: in Washington, and of course about the future of technology,

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Speaker 2: which he's working on as a business enterprise right now.

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Speaker 2: The business enterprise of America is about jobs. Nancy Lazarre

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Speaker 2: was with US hyper Sandler Today. Here's Nancy Lazarre on

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Speaker 2: our manufacturing renaissance.

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Speaker 1: We've called it the US manufacturing renaissance started back in

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Speaker 1: twenty ten. Middle America. It is our favorite emerging market.

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Speaker 1: You're seeing it certainly within on employment rates around individual

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Speaker 1: states that are more business are more business friendly. So

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Speaker 1: and current policies certainly are going to reinforce bringing back

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Speaker 1: blue collar jobs to the United States, and so we're

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Speaker 1: quite excited. At first. The private sector started back in

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Speaker 1: twenty ten, the corporate tax cut in seventeen reinforced it,

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Speaker 1: and now full capex appreciation is going as another major

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Speaker 1: booster shot for the kind of reindustrialization of the United States,

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Speaker 1: which is a necessary backbone for every economy. I worry

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Speaker 1: about Germany, Europe in general, by allowing China to come

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Speaker 1: in and dump cars. You need a diverse source of

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Speaker 1: jobs because we have a diverse labor force.

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Speaker 2: Nancy Lazarre back in July with one of the great

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Speaker 2: moments of the year for US where she just flat

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Speaker 2: outsaid the issue is job formation in America. Nancy Lazar

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Speaker 2: far more optimistic now here at the end of the year,

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Speaker 2: as she was in July and in this summer. Sometimes

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Speaker 2: can be an impact as unmeasurable. Michael Green is a

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Speaker 2: Simplify asset management hugely popular on Bloomberg Surveillance. He wrote

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Speaker 2: a substack essay about the poverty line in a mayor.

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Speaker 2: It truly went viral within the zeitgeist, to the point

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Speaker 2: it made the front page of the Washington Post. Michael

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Speaker 2: Green on the poverty line.

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Speaker 3: First, there are multiple poverty lines right across the country.

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Speaker 3: If you live in a high cost region, you're going

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Speaker 3: to have a very different experience than if you live

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Speaker 3: in a low cost region. But the overall point was

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Speaker 3: when you start thinking about what we define as the

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Speaker 3: poverty line currently at about thirty one two hundred dollars

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Speaker 3: for a family of four, two earners, two children, that

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Speaker 3: doesn't come anywhere close to meeting the needs of a

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Speaker 3: family that is living in a place like Caldwell, New Jersey,

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Speaker 3: where the calculation works out to about one hundred and

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Speaker 3: thirty six thousand, five hundred dollars and needs to be

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Speaker 3: made before you can even start saving a dime. Wow,

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Speaker 3: that's an extraordinary feeling of Percarty when we talk about

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Speaker 3: the dynamic that most American households can't afford something to break,

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Speaker 3: can't afford an emergency expense, et cetera.

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Speaker 2: That's why Michael Green of Simplify off of his substack

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Speaker 2: can't say enough about subscribing to many of our guests

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Speaker 2: at their substack size. Michael Green, Mohammad al Arian, and

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Speaker 2: Paul Krugman out there, Adam Too's professor. Too's writing on

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Speaker 2: a very often basis as well. We're on podcasts on Apple,

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Speaker 2: on Spotify, on YouTube podcasts. A single best idea