Whowhatwhy's Podcasts
RadioWhoWhatWhy: GDP = Greatly Deceptive Prosperity
- Autor: Vários
- Narrador: Vários
- Editor: Podcast
- Duración: 0:25:23
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Sinopsis
“It’s the economy, stupid.” Those words have become ingrained into our politics. But seldom have we seen such a disconnect between raw data, the kind that President Donald Trump bragged about on Friday, and the economy people are actually living in. Journalist Alissa Quart, in her new book Squeezed: Why Our Families Can’t Afford America, went looking for the real America. In this WhoWhatWhy podcast she talks to Jeff Schechtman about what she found. She discovered an America that is a far cry from one where anyone is jumping up and down over a 4.1 percent GDP increase in a single quarter. In fact, after ten years of steady growth, which began during the Obama presidency, the overhang of the Great Recession as well as some negative employment and economic trends that started before the recession are still with us. Wages have been stagnant, housing costs continue to go up, health care costs continue to rise, education requires more and more debt, and self employment and the gig economy have not helped. All of th