Could a Housing Recession Take Down the U.S. Economy?

Could a Housing Recession Take Down the U.S. Economy?

One year ago, it was a matter of conventional wisdom among experts that the U.S. was on the brink of a recession. They were wrong. The latest GDP report showed America’s real output growing at a 4.9 percent annualized rate. That's huge. But just as we zagged a year ago, when we criticized recession predictions, I want to zag again today. It is a matter of broad conventional wisdom that the U.S. economy right now is doing really well. And, for now, it is. But challenges abound, including "higher-for-longer" interest rates, a recession in the apartment construction market, and ongoing global mayhem. Bloomberg columnist Conor Sen counts the five biggest risks to economic growth in the next year—and makes his official economic prediction for 2024. If you have questions, observations, or ideas for future episodes, email us at PlainEnglish@Spotify.com. Host: Derek Thompson Guest: Conor Sen Producer: Devon Manze Learn more about your ad choices. Visit podcastchoices.com/adchoices

Avsnitt(360)

The Messy Debate Over Student Loan Forgiveness

The Messy Debate Over Student Loan Forgiveness

The level of student debt in this country represents a massive policy error. But is forgiving up to $20,000 of student debt really the best way to help low-income Americans, or fix the nation's educat...

30 Aug 202242min

Burning Questions on Media: Streaming’s Summer of Hell, Movie Theater Woes, and CNN’s Risky Pivot

Burning Questions on Media: Streaming’s Summer of Hell, Movie Theater Woes, and CNN’s Risky Pivot

Today’s episode is about the entertainment and media industry’s tumultuous summer, the streaming wars, a come-to-Jesus moment for movie theaters, and a dramatic revamp at CNN—which tells a lot about t...

26 Aug 202250min

What’s the Secret of Success in America? This Economist Has Answers.

What’s the Secret of Success in America? This Economist Has Answers.

The economist Raj Chetty has spent much of the last decade trying to answer a very big question: What happened to the American Dream? In 1940, a child born into the average American household had a 92...

23 Aug 202250min

Why Does It Seem Like Everybody Hates Everything?

Why Does It Seem Like Everybody Hates Everything?

Bestselling author Chuck Klosterman talks to Derek about the death of the monoculture, how the internet creates cults of fans and anti-fans, and how “hating things” became a mainstream personality tra...

19 Aug 202252min

Donald Trump vs. the FBI: Everything We Know About the Investigation So Far

Donald Trump vs. the FBI: Everything We Know About the Investigation So Far

I've never before recorded an episode specifically about Donald Trump. I guess I’ve been holding out for the chaos that typically swirls around him to exceed an extremely high bar of freaky nonsense. ...

16 Aug 202242min

A New Way to Think About Racism in America

A New Way to Think About Racism in America

Several years ago, the writer, researcher, and policy advocate Heather McGhee traveled around the country to report on how racism in America holds us back from policies that would benefit everybody. I...

12 Aug 202244min

Carbon Removal Might Be the World’s Most Important Technology. How Does It Work?

Carbon Removal Might Be the World’s Most Important Technology. How Does It Work?

Last year, somebody explained the problem of climate change to me with a metaphor that I’ve never been able to forget. They said: Imagine a bathtub. The bathtub is the planet’s atmosphere. The faucet ...

9 Aug 202246min

Curiosity Corner: Monkeypox Myths, Millennial Facts, and Overpopulation Fears

Curiosity Corner: Monkeypox Myths, Millennial Facts, and Overpopulation Fears

In our second "Curiosity Corner" mailbag, Derek takes your burning questions. He breaks down the myths around how monkeypox spreads, and blasts public health officials for not being more specific abou...

5 Aug 202230min

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