What’s the precise state of the economic system?
2022, Economist Predictive We are actually in a recession however is it actually taking place? Costs rose, rates of interest rose, however mass layoffs by no means actually occurred Gross Domestic Product Growth The crunching continues. Folks have largely weathered the turmoil.
Be part of us at the moment to debate all of this and speculate on what former President Donald Trump and Vice President Kamala Harris’ proposals might need on the economic system Kayla Scanlon. Previous to founding, she labored as a macroeconomic analyst at Capital Group breada monetary schooling firm. She teaches finance and economics and has a big following on social media via: Youtube, Instagram, substackand Tik Tok. She just lately printed her first guide In this economy: How money and markets really work.
As we emerge from the pandemic, now we have skilled inflation past what most Millennials have seen of their lifetimes. The Fed raised rates of interest in an try to attain a tender touchdown – utilizing the ability of the central financial institution to chill an overheated economic system with out inflicting a recession. We began by asking Kayla: “We’re in an election 12 months. How do you suppose voters ought to view the present state of our economic system?”
Sources cited within the dialog:
- monetary occasions: 2022 Recession Forecast.
- Real Gross Domestic Product (GDPC1) | Fred | Federal Reserve Bank of St. Louis
- COVID-19 hasn’t rescued doomsdayists from underperformance purgatory
- just asking questions Nate Silver
- University of Michigan: Consumer Confidence (UMCSENT) | Fred | Federal Reserve Bank of St. Louis
- 12-Month Percent Change, Consumer Price Index
- 5 thirty-eight: Which economic indicators best predict presidential elections?
- Kayla Scanlon: Why we have a housing crisis
- Homeownership rates among Gen Z, Millennials and Gen X.
- Harris-Walz Economic Agenda Press Release
- Harris’ press release about her “$25,000 Down Payment Assistance Program
- Kayla Scanlon: TikTok girl is right: Modernity and the 9-to-5
- Producer: John Oosterhout
