"What does an overheated economy look like?" (with Paul Krugman)
Pantsuit Politics
Lemonada Media
4.5 • 4.9K Ratings
🗓️ 29 June 2021
⏱️ 82 minutes
🧾️ Download transcript
Summary
Transcript
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| 0:00.0 | people were raising prices because they could and then they were raising prices because they saw other people raising prices and it kind of |
| 0:07.5 | Turned into a self fulfilling spiral. So that's something that can happen |
| 0:12.2 | But it hasn't happened in America for a really long time |
| 0:14.9 | So do you ask what was an overheated economy looked like you know unless you're pretty much my age |
| 0:20.1 | You've never seen anything that really felt like an overheated economy. This is Sarah and Beth |
| 0:33.5 | You're listening to Pantsuit Politics the home of Grace filled political conversations |
| 1:01.7 | In our first segment today, we're going to tackle some heartbreaking news as well as some really hopeful news stories |
| 1:08.5 | Then we'll share a conversation we had with Paul Krugman |
| 1:11.7 | Economist professor author of many books including arguing with zombies and columnists for the New York Times |
| 1:18.2 | He helped us think about labor and economics and why the current rhetoric about inflation seems off to him |
| 1:25.5 | Especially as it relates to the infrastructure packages |
| 1:28.3 | I know I learned a lot and got some clarity from this conversation. So I hope you will too and then outside of politics |
| 1:34.5 | We're going to talk about what we're lovingly calling people being jerks |
| 1:37.7 | There seems to be an awful lot of really bad behavior in the world right now |
| 1:41.5 | Spanning from rude interactions with customer service workers to people trying to get into airplane |
| 1:47.5 | Cockpits and we're going to talk about what we think's going on there and how it kind of ties in with the moment that we're all living through |
| 1:53.6 | But before we get started we wanted to remind you that our infrastructure series is coming if you're on social media |
| 2:00.2 | You probably saw the amazing graphics Kathleen Shannon made to promote the series and Sarah heard this morning that we are like right on target with our July programming |
| 2:09.2 | Yeah, I was listening to MPRs up first and Susan David's their congressional correspondent came on and said |
| 2:15.2 | Yes, infrastructure talks are going to dominate July and I thought I think that's a thoughtful of them to plan it this way |
| 2:21.9 | It's really really considerate that they have placed this momentous |
| 2:27.0 | legislation and the momentum for this legislation right in the middle of our special summer series. It's just really great guys |
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