Plain English with Derek Thompson
Harsh Truths About 2024 and the Future of the U.S. Economy
Jul 19, 2024
Austan Goolsbee, President of the Federal Reserve Bank of Chicago, shares his insights on America's economic future. He addresses the possibility of interest rate cuts and discusses how high rates are impacting housing production. Goolsbee debunks the notion that Trump's high tariffs could solve current economic challenges. The conversation dives into the complexities of the Federal Reserve's dual mandate and the mixed signals in the labor market, revealing a surprising resilience in the economy despite rising rates.
52:10
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Quick takeaways
- Failed Trump assassination attempt's minimal impact on US democracy predictions.
- Challenges faced by Joe Biden's campaign due to age and messaging strategy uncertainties.
Deep dives
Overview of House of the Dragons Season 2
House of the Dragons Season 2 brings a Harrenhal-sized slate of conversations through various shows. 'Talk the Thrones' airs with Chris Ryan, Joanna Robinson, and others discussing timely reactions. 'The Midnight Boys' delve into reactions with Van Lathan, Charles Holmes, Steve Almond, and Jomi Adeniran. 'House of Ar' offers deep dives by Joanna and others. 'Ravens' gather for content trials with Joe, Neil Miller, and Dave Gonzalez. Episodes are available on video on Spotify and Ringiverse's YouTube channel. Podcast episodes stream on Spotify and other platforms. The show is sponsored by KPMG and Indeed for transformative solutions and streamlined hiring processes.
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