4.8 • 1.5K Ratings
🗓️ 28 May 2024
⏱️ 48 minutes
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0:00.0 | The rising inequality and growing political instability that we see today are the direct result of decades of bad economic theory. |
0:10.0 | It's time to build our economy from the bottom up and the middle out, not the top down. |
0:15.4 | Middle out economics is the answer. |
0:17.8 | Because Wall Street didn't build this country. |
0:20.1 | Great middle class built this country. |
0:22.4 | The more the middle class thrives the better the economy is for everyone even |
0:28.0 | rich people like me. This is pitchfork economics with Nick Hanauer, a podcast about how to build the economy from the middle out. |
0:42.0 | Welcome to the show. |
0:44.0 | There's been a lot of |
0:48.0 | there's been a lot of debate and very little consensus amongst economists, Nick, over the state of the economy the past year or so, its prospects, and the role of President Biden's policies on the economy and pretty |
1:09.0 | prominent at least in some of the online the social media debate has been a former Obama |
1:15.9 | economist Jason Furman that's right oh jason right yeah I do know him a little bit |
1:20.9 | and you know he was a very he's a very prominent economist who served as the chairman of the council economic advisors |
1:28.0 | under president Barack Obama from 2013 to 2017 |
1:36.9 | he's currently a professor of the practice of economic policy at Harvard Kennedy School and he's also a senior fellow at the Peterson |
1:41.0 | Institute. |
1:42.6 | Jason obviously has been in the economics game |
1:44.9 | for a long time, has been a sometime critic of the Biden |
1:51.2 | administration, sometimes supportive, but I think it will be really interesting |
1:56.4 | to get his aggregate take on how they're doing and what's going on. |
2:01.8 | Because it's very easy to take a critique out of context |
2:05.1 | and go after it. |
... |
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