Is the Economy Getting Better? (with Justin Wolfers)

In the Bubble with Andy Slavitt

Lemonada Media

News

4.6 • 3.5K Ratings

🗓️ 3 August 2022

⏱️ 48 minutes

🔗️ Recording | iTunes | RSS

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Summary

With interest rates and prices rising and GDP declining, many Americans want to know: Are we are in a recession, and should we be worried? Andy calls on expert economist Justin Wolfers to explain why the economy may not be as bad as it feels, what the Fed is doing to pump the brakes, and when we might see price increases come under control. Then Justin unpacks the economic elements in the Inflation Reduction Act and predicts whether it will live up to its name and help lower prices.

Keep up with Andy on Twitter @ASlavitt.

Follow Justin Wolfers on @JustinWolfers

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Check out these resources from today’s episode:

Read more about Wolfer’s thoughts on how high inflation helps homeowners
Wolfer’s is also quoted in this NYT piece on why high unemployment makes people more unhappy than high inflation
Find vaccines, masks, testing, treatments, and other resources in your community: https://www.covid.gov/
Order Andy’s book, “Preventable: The Inside Story of How Leadership Failures, Politics, and Selfishness Doomed the U.S. Coronavirus Response”: https://us.macmillan.com/books/9781250770165

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For additional resources, information, and a transcript of the episode, visit lemonadamedia.com/show/inthebubble.

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Transcript

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0:00.0	Mental health challenges are affecting people in the US at high levels, particularly among
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0:32.0	What will your golden ears look like?
0:34.5	On Lemonada Media's new series Being Golden, here from four unique seniors who are navigating
0:38.7	all of life's triumphs, struggles, and even heart breaks.
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0:48.8	It's reality TV for your ears, an opportunity to be someone else in their prime.
0:53.9	Lemonada Media's Being Studio is the newest production from Lemonada Media's Being Studios.
0:57.9	Listen to all six episodes of Being Golden wherever you listen to podcasts.
1:03.9	Lemonada.
1:25.9	Welcome in the bubble.
1:27.3	This is Andy Slavitt Wednesday, August 3rd.
1:31.2	How good or bad is the economy really?
1:35.0	We have all of this sort of expert commentary saying, we're in a recession, we're not in
	...

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