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Politix

Is It The Economy, Stupid?

Politix

Politix

Politics, News Commentary, News

4.61.4K Ratings

🗓️ 23 September 2022

⏱️ 69 minutes

🧾️ Download transcript

Summary

This week the Federal Reserve announced another big interest-rate hike with full anticipation that it will cause the unemployment rate to climb. It’s the first good-for-workers economy in decades, and the Fed stands prepared to kill it, amid a national clamor over inflation. Is politics really as simple as “it’s the economy, stupid?” Or have we built a generation of conventional wisdom around a Goldilocks situation where the economy has to be juuuust so in order for consumers, voters, politicians, and the media to be happy with it? Are we responding to economic conditions as we experience them? Or are we just following the leads laid out for us by media figures and political leaders who can always point to passing problems like high gas prices, or even good problems like lots of job vacancies, and convince millions of people that things are actually bad? Economic sociologist and leader of the Groundwork Collaborative Lindsay Owens joins to discuss how helpful “it’s the economy, stupid” is when the economy is always a mess, and whether we can sustain an economy that works.

Transcript

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0:00.0

Join Josie Tota, Alicia Pascual, Pena, and Yasmeen Hamidi,

0:04.0

three young actresses, disruptors, and best friends,

0:06.7

as they navigate the issues that affect their lives.

0:09.5

From hookup culture and social media,

0:11.5

to structural racism and LGBTQ plus rights,

0:14.6

they won't shy away from diving deep into controversial topics.

0:18.0

Even turning to their elders,

0:19.9

actors, activists, comedians, experts, politicians, and 26-year-olds,

0:24.3

to try to understand the world their generation was handed.

0:27.7

Catch a new episode of Dare We Say Every Thursday,

0:30.2

wherever you get your podcasts.

0:33.4

A quick note to listeners at the top.

0:35.5

Positively Dreadful will be off next week,

0:37.8

but we'll be back the first week of October.

0:40.9

Hello, and welcome to Positively Dreadful.

0:42.9

I'm your host, Brian Boyler.

0:44.9

I'm going to give you about five seconds,

0:46.9

going to pause for five seconds,

0:47.9

while you think up an answer to this question.

0:50.9

What's the biggest cliché in politics?

0:54.9

Obviously, there's no more to be done with this thought exercise

0:59.9

because it's a podcast.

...

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