How to Report Inflation to the President

Today, I spoke to Ernie Tedeschi, former Chief Economist at the Council of Economic Advisers (These days he’s Director of Economics at The Budget Lab).

Timestamps:

[00:00]“Fighting the last war” in stimulus packages

[00:23] What’s driving inflation

[11:59] The tools CEA economists have

[16:45] The tools CEA economists wish they had

[33:50] Are high interest rates driving low consumer sentiment?

[38:39] Why men are dropping out of the labor force