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Podcast: Beyond Politics
Episode: Harvard Economist Jeffrey Frankel: The Real Deal on Inflation
Description: By most measures, the economy is doing great. The country's economic output is way past where it was before the pandemic. In October alone, the country created 531,000 jobs and set a record for the number of people leaving their jobs, which is a sign the people see a hot job market and want to take advantage of it. Â Unemployment is way down, wages are way up, and the average American has 50% more their checking account today than they did just two years ago. Not to mention that businesses are also happy and flush with cash: consumer spending is surging w...