Gene Ludwig

Gene Ludwig, former U.S. Comptroller of the Currency and founder of the Ludwig Institute for Shared Economic Prosperity, sheds light on the hidden struggles within the economy. He reveals how misleading economic data distorts our understanding of financial health. Ludwig emphasizes that functional unemployment is significantly higher than reported and critiques wage statistics for overlooking vulnerable workers. He also discusses how the Consumer Price Index underrepresents essential item inflation. His insights push for better economic metrics to reflect true realities.