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Today, Explained

Where did the recession go?

Today, Explained

Vox

Politics, Daily News, News

4.310.3K Ratings

🗓️ 1 August 2023

⏱️ 25 minutes

🧾️ Download transcript

Summary

A much-dreaded recession doesn’t actually seem to be materializing. We called up some experts — economics reporters Tracy Alloway and Greg Ip, plus our boss, Vox CEO Jim Bankoff — to figure out what’s going on. This episode was produced by Miles Bryan, edited by Matt Collette, fact-checked by Laura Bullard, engineered by Patrick Boyd, and hosted by Noel King. Transcript at vox.com/todayexplained Support Today, Explained by making a financial contribution to Vox! bit.ly/givepodcasts Learn more about your ad choices. Visit podcastchoices.com/adchoices

Transcript

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0:00.0

Here at Vox, everybody's talking about a soft landing.

0:04.0

Soft landing.

0:05.0

Sean is, I am also producer Miles Bryan,

0:09.0

all talking about how we might not have a recession.

0:12.0

Fetch your drone palace at it too.

0:14.0

Given the resilience of the economy recently,

0:16.0

they are no longer forecasting a recession.

0:19.0

Vox media CEO Jim Bankoff so glad I reached you.

0:24.0

Are you excited?

0:25.0

Okay, voice memo running. Got it up to my ear.

0:28.0

Right, great. Okay, you excited about the soft landing?

0:31.0

I've seen that news, Noel, yes.

0:34.0

Looks like we might not have a recession.

0:36.0

I appreciate the analysis.

0:39.0

I pay attention to the analysis,

0:41.0

but I'm always a little skeptical of the analysis.

0:44.0

Man, coming up on today explained optimism about the economy.

0:50.0

It could have been a lot worse.

0:58.0

Okay, Jim, stop.

1:01.0

Soft landing.

1:05.0

Tracy Alloway is co-host of the AdLots podcast

1:08.0

and a friend of today explained.

...

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