On today’s episode Derek discusses the state of American politics, then the future of America’s economy with Chicago Fed president: Austan Goolsbee
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On today’s episode: the state of American politics and the future of America’s economy. Derek discusses a media myth in the aftermath of the failed Trump assassination attempt and reviews three basic truths about Joe Biden’s doomed presidential bid. Then, Chicago Fed president Austan Goolsbee joins the show to answer Derek’s blunt question, “Are you going to cut rates next month?” Plus, they discuss the Federal Reserve, how it works, how he sees the economy, whether high rates are constraining housing production, and whether Trump’s signature economic policy idea—high tariffs in an age of global inflation—would help the U.S. economy. (TLDR: No.)
If you have questions, observations, or ideas for future episodes, email us at PlainEnglish@Spotify.com.
This excerpt was edited for clarity. Listen to the rest of the episode here and follow the Plain English feed on Spotify.
Host: Derek Thompson
Guest: Austan Goolsbee
Producer: Devon Baroldi
Subscribe: Spotify
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