Why Everybody Is Wrong About a Recession and Housing’s Great Comeback

Why Everybody Is Wrong About a Recession and Housing’s Great Comeback

Last fall, three-quarters of voters told CNN that the U.S. was in a recession. A Bloomberg economic model said that the odds of a recession by the fall of 2023 were 100 percent. But we’re not in a recession. The unemployment rate is lower than any month since the 1960s. Real disposable income is growing. The economy is expanding. Consumer spending is strong. Even housing seems to be rebounding. In today's episode, Derek explains the origins of the great American recession myth, and Bloomberg writer Conor Sen breaks down the housing turnaround that could define the 2023 economy. Host: Derek Thompson Guest: Conor Sen Producer: Devon Manze Learn more about your ad choices. Visit podcastchoices.com/adchoices

Episoder(359)

Everything Is Television

Everything Is Television

Sometimes, the perfect guest to discuss your own writing is ... you. On this special crossover episode, I am interviewed by Ben Smith and Max Tani of Semafor's Mixed Signals podcast about my recent es...

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Are Young People Screwed?

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Youth unemployment is rising. Hiring is freezing up. The housing market is a mess. How did things get so bad for young people in the economy? And are things as bad as they seem? Michael Batnick and Be...

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The Democrats Have a New Winning Formula

The Democrats Have a New Winning Formula

This week was a straight flush for Democrats. Zohran Mamdani completed his heroic arc to become mayor of the world’s most important city. Democrats ran up huge margins in the big governor races in Vir...

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How the American Revolution Changed the World, With Ken Burns

How the American Revolution Changed the World, With Ken Burns

Ken Burns—the award-winning filmmaker whose documentary films and television series on American history include 'The Civil War' (1990), 'Baseball' (1994), 'Jazz' (2001), and 'Country Music' (2019)—joi...

4 Nov 202559min

The Problem With Sports Gambling

The Problem With Sports Gambling

Last week, an FBI investigation into gambling led to the arrest of several prominent basketball stars, raising questions about the state of legalized sports betting, which has enriched professional sp...

31 Okt 202554min

Michael Lewis on How the Global Financial Crisis Explains Trump, Crypto, and Everything Else

Michael Lewis on How the Global Financial Crisis Explains Trump, Crypto, and Everything Else

Bestselling author Michael Lewis joins the show to talk about how bubbles happen, the legacy of 'The Big Short' and the global financial crisis, 'Moneyball' and how the data analytics revolution conqu...

28 Okt 20251h 12min

What Happens When AI Learns to Do Our Jobs

What Happens When AI Learns to Do Our Jobs

Today’s guest is Ethan Mollick. Ethan is a professor of management at Wharton, where he specializes in entrepreneurship and innovation. He is the author of the book 'Co-Intelligence: Living and Workin...

24 Okt 202554min

Can "Touch-Grass Populism" Save America?

Can "Touch-Grass Populism" Save America?

By some measures, the Democratic Party has never been so unpopular as a political brand. While this fact obviously reflects some difficult realities for the party, it also creates an opportunity for D...

21 Okt 202559min

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