
What Many Economists (and I) Got Wrong About This Economy
Plain English with Derek Thompson
Challenging Economic Perspectives
The speaker discusses revisiting their stance on the economy as part of their new resolution. They acknowledge previous arguments about the economy being better than perceived, with factors like rising real wages, productivity, and income equality. Despite this, feedback highlighted the neglect of high inflation rates impacting low-income individuals differently, emphasizing the importance of understanding the unique economic challenges faced by different income groups.
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