While the What Next team recovers over the holiday, enjoy this episode from our friends over at <a href="https://podcasts.apple.com/us/podcast/platypus-economics-with-justin-wolfers/id1523898793?itscg=30200&itsct=podcast_box&ls=1&mttnsubad=1523898793&at=1000l38Mz&ct=what-next" rel="noopener noreferrer" target="_blank">Platypus Economics</a>. Mary will be back to her usual feed tomorrow.Americans feel almost exactly as gloomy today as they did in 1980 — when inflation was near 14% and unemployment was close to 8%. Today those numbers are a fraction of that, yet consumer sentiment hit an all-time low. Justin Wolfers treats this like a detective case: the standard economic statistics predict sentiment should sit around 82, but the actual reading is 52 — a 30-point gap begging for an explanation.<hr> Hosted on Acast. See <a style='color:grey;' target='_blank' rel='noopener noreferrer' href='https://acast.com/privacy'>acast.com/privacy</a> for more information.

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Platypus Economics | The Hidden Force Dragging Down Consumer Sentiment

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