The US economy is currently operating along a bumpy path defined more by the coronavirus and reactions to it than by the inherent dynamics of the economy itself. Yet while the path is bumpy and GDP growth puny, America still has a large and active economy. Has the US economy reached a turning point? 

This week, we're very happy to be able to connect our listeners once again with Dr. Bruce Yandle, Distinguished Adjunct Fellow at Mercatus, Dean Emeritus at Clemson University, and author of the now-famous “Bootleggers and Baptists” model for understanding unlikely political alliances to help answer that question. 

Matthew Mitchell, Senior Research Fellow and Director of the Equity Initiative at the Mercatus Center, interviews Bruce on his most recent Economic Situation Report, discussing the variables in each state's response to COVID-19, how increased saving and decreased spending are holding America back, who's funding the coronavirus deficit, Trump's tariffs, and how some ease on regulations across the country have helped the US economy bounce back from the shutdowns in March.

Interested in hearing more content like this on the download? Please reach out to Dallas at dfloer@mercatus.gmu.edu. 

If you'd like to get in touch with a Mercatus Scholar featured on the download, please reach out to Matthew Boyer at mboyer@mercatus.gmu.edu.