You Should Worry About the July Jobs Report
Summary
Host Mary Harris and economist Justin Wolfers analyze a disappointing jobs report showing 23,000 job losses, attributing the downturn to self-inflicted policy wounds like tariffs and immigration restrictions. They discuss how low population growth alters economic benchmarks and criticize the Trump administration for misleading narratives while cutting vital safety nets like food assistance. Wolfers warns of potential stagflation driven by supply shocks and emphasizes trusting independent statistical agencies despite political interference.
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