Justin Wolfers
👤 SpeakerAppearances Over Time
Podcast Appearances
People stay in their jobs, but they can't find new opportunities.
They can't get pay rises and so on.
So slowly rising unemployment is worse than it ought to be.
The word slowly there gives you some wiggle room.
Inflation hasn't come down as quickly as we might have hoped.
And folks, I'm sure, have noticed prices continuing to rise.
The president relentlessly lies about this.
He lies that he's gotten prices down.
It's an absurd lie because unlike him, the rest of us go to the store.
He was in Iowa the other day and he's been lying for months saying gas is $1.99.
And every time he says it, it gets fact checked.
So he went to Iowa where it's not true, still not true.
It's still never been true.
And he said, oh, it got even better.
It's now down to $1.85.
So the imaginary economy is doing terrific.
The one we live in a little less so.
And then I want to bore everyone with that sort of stuff economists are forced to talk about.
The budget deficit.