Economist Austan Goolsbee on Guess What? The Economy

The Al Franken Podcast

Government, Progressive, Politics, Senate, Liberal, Senator, Minnesota, Franken, News, Saturday Night Live, Comedy, Snl

4.6 • 7.7K Ratings

🗓️ 20 February 2022

⏱️ 65 minutes

🔗️ Recording | iTunes | RSS

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Summary

Historic Growth, High Inflation, & Strained Supply Chains. Oh, My!

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Transcript

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0:00.0	Hey, Prime members, you can listen to the Elf Franken podcast, add free on Amazon Music.
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0:09.0	Let's say you love sports, but are also, you know, a busy person.
0:12.6	You want to know the latest sports news, but don't want to sit through a two-hour podcast.
0:17.3	Alright, if we're talking about you right now, then check out the new podcast from Wondering.
0:21.4	Listen to the lead starting five on Amazon Music or wherever you get your podcast.
0:32.4	Hey, everybody.
0:33.4	We got a great one today, you know, for a change.
0:37.4	Austin Goolsbee joins me.
0:39.4	This is his third time on the podcast.
0:42.4	Austin was the chair of the Council of Economic Advisors under President Obama.
0:48.4	Now he's the chairman of the Council of Economic Advisors for the Elf Franken podcast.
0:54.4	He's also the Robert Gwyn, Professor of Economics at the University of Chicago School of Business.
1:01.4	I think it's the Booth School of Business.
1:03.4	We're in a good news, bad news economy.
1:06.4	The economy is growing at its fastest pace since 1984.
1:11.4	Economists tell us that was 38 years ago.
1:14.4	But inflation last year was 7.5 percent.
1:18.4	The highest since 1982, which scientists tell us was 40 years ago.
1:24.4	Well, we couldn't have anyone better than Austin Goolsbee to explain it all.
1:29.4	He is what we call in the podcast business a good talker.
1:34.4	Now I'm taping this intro.
	...

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