Why the Question "Are We in a Recession?" Is Impossible to Answer
Why the Question "Are We in a Recession?" Is Impossible to Answer  
Podcast: Plain English with Derek Thompson
Rating: Explicit Published On: Fri Jul 29 2022
Description: On Thursday, the Bureau of Economic Analysis announced that GDP dropped for the second consecutive quarter, fueling fears that the economy is in a recession. Today's guest is Austan Goolsbee, a professor of economics at the University of Chicago Booth School of Business and the former chair of the Council of Economic Advisers under President Obama. In today’s episode, we talk about the most important details from the GDP report, investigate the curious case of America’s plummeting productivity, and talk about why the question "Are we in a recession?" is so annoyingly hard to answer.If you have questions, observations, or ideas for future episodes, email us at PlainEnglish@Spotify.com. You can find us on TikTok at www.tiktok.com/@plainenglish_ Host: Derek Thompson Guest: Austan Goolsbee Producer: Devon Manze Learn more about your ad choices. Visit podcastchoices.com/adchoices