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Why Americans are so displeased with the economy (with Aaron Sojourner)

Why Americans are so displeased with the economy (with Aaron Sojourner)

FromPitchfork Economics with Nick Hanauer


Why Americans are so displeased with the economy (with Aaron Sojourner)

FromPitchfork Economics with Nick Hanauer

ratings:
Length:
38 minutes
Released:
Mar 5, 2024
Format:
Podcast episode

Description

The latest economic indicators show a historically strong economy. Over the past couple of years, the unemployment rate has consistently stayed below 4%, real wages have been growing faster than they have in decades, and economic growth has been strong. And yet, public opinion surveys consistently show dissatisfaction with economic conditions. Aaron Sojourner, a labor economist from the Upjohn Institute, joins us to discuss his research findings into why Americans are so displeased with the economy. Aaron helps us unpack the complicated relationship between news coverage of the economy and its effect on consumer sentiment.

Aaron Sojourner is a labor economist and senior researcher at the Upjohn Institute for Employment Research. His research focuses on the effects of labor-market institutions, policies to promote efficient and equitable development of human capital, and behavioral economic approaches to consumer finance decisions. He’s also served as the senior economist for labor on the U.S. Council of Economic Advisers for Presidents Obama and Trump.

Twitter: @aaronsojourner

BlueSky: @aaronsojourner.bsky.social

Threads: aaronsojourner

Why are Americans so displeased with the economy?
https://www.brookings.edu/articles/why-are-americans-so-displeased-with-the-economy

Aaron’s thread on within-worker real wage growth on Threads:
https://www.threads.net/@aaronsojourner/post/C3OVo8FrDgV/?igshid=NTc4MTIwNjQ2YQ== 

Tax Subsidies for Journalism Are Only for Rich People: Perry Bacon Edition
https://cepr.net/tax-subsidies-for-journalism-are-only-for-rich-people-perry-bacon-edition

Website: http://pitchforkeconomics.com
Twitter: @PitchforkEcon
Instagram: @pitchforkeconomics
Nick’s twitter: @NickHanauer
Released:
Mar 5, 2024
Format:
Podcast episode

Titles in the series (100)

Any society that allows itself to become radically unequal eventually collapses into an uprising or a police state—or both. Join venture capitalist Nick Hanauer and some of the world’s leading economic and political thinkers in an exploration of who gets what and why. Turns out, everything you learned about economics is wrong. And if we don’t do something about rising inequality, the pitchforks are coming.