Analyzing Current Economic Trends: Labor Shortages and Inflation Drivers

Veronica and Dana discuss the current state of the economy, emphasizing concerns about slowing growth, potential layoffs, and labor shortages driven by demographic changes. They debate the impact of immigration on job creation and wage dynamics while also exploring inflation drivers such as labor supply, wages, and housing costs. The chapter provides insights into the challenges faced by the Fed in addressing supply-related inflation and potential effects on the housing market and consumer behavior.