Christopher Rugaber

Covers the US economy and Federal Reserve for Associated Press, offering expertise on economic indicators and policy.

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Oct 31, 2024 • 29min

As America goes to the polls, the economy is doing well, but people aren't feeling it

Betsey Stevenson, a Professor of Economics at the University of Michigan, shares insights on the current economic landscape alongside Robert Armstrong from the Financial Times and Christopher Rugaber from the Associated Press. They discuss the paradox of a booming economy contrasted with plummeting consumer confidence. Rising prices and pandemic disparities emerge as key themes, highlighting feelings of exclusion among younger generations. The panel also explores the impact of luxury spending despite economic anxieties, while analyzing political implications as elections draw near.