The economy is about you and me. It is huge and complex and interconnected and at it’s heart is the driving force of the consumer. Take for a example: person who loses a job so they buy less which leads to lower sales at the local store so they can’t hire as much which leads to greater unemployment in the community. And of course an unemployed person pays less taxes which means the government has to fund itself via borrowing which leads to higher deficits. The whole chain begins with the consumer. This week Michael S. Robinson takes a look at the health of our nation’s economy. He’ll lead the discussion with guests: Keith Hall, senior research fellow at the Mercatus Center; Roy Epstien, adjunct professor of Finance at Boston College; Amity Shlaes, adjunct associate professor of economics at NYU’s Stern School.
The Health of our Nation’s Economy