<description>&lt;p&gt;Are we heading into a recession? Did we ever really come out of the last one? Do market fundamentals matter anymore? How did Democrats miss so badly on the economy, leading to the re-election of Donald Trump? Is capitalism collapsing? It&amp;rsquo;s difficult to get a proper read of the U.S. economy. It&amp;rsquo;s a giant, complex juggernaut that both relies on global markets and holds them all together. There is no unifying economic or political theory to provide clarity as the biggest economy in world history continues to navigate uncharted territory. Let&amp;rsquo;s talk about it.&lt;/p&gt; &lt;p&gt;&lt;strong&gt;Chapters&lt;/strong&gt;&lt;/p&gt; &lt;p&gt;Intro: 00:00:34&lt;/p&gt; &lt;p&gt;The Stock Market Is Not the Economy: 00:02:25&lt;/p&gt; &lt;p&gt;The U.S. Economy is the Global Economy: 00:04:24&lt;/p&gt; &lt;p&gt;Market Based Economies are Cyclical: 00:05:25&lt;/p&gt; &lt;p&gt;The Rate of Change in the Labor Market is Faster Today: 00:07:52&lt;/p&gt; &lt;p&gt;Inequality is a Condition of Capitalism: 00:11:26&lt;/p&gt; &lt;p&gt;Sentiment is Just as Powerful as Any Data Point: 00:13:32&lt;/p&gt; &lt;p&gt;The Single Biggest Economic Force is Greed: 00:14:02&lt;/p&gt; &lt;p&gt;Cycle Trends: 00:18:40&lt;/p&gt; &lt;p&gt;Enter Trump: 00:31:54&lt;/p&gt; &lt;p&gt;Post Show Musings: 00:36:47&lt;/p&gt; &lt;p&gt;Outro: 00:42:31&lt;/p&gt; &lt;p&gt;&lt;strong&gt;Resources&lt;/strong&gt;&lt;/p&gt; &lt;p&gt;St. Louis Fed: &lt;a href="https://fred.stlouisfed.org/series/CIVPART"&gt;Labor Force Participation Rate&lt;/a&gt;&lt;/p&gt; &lt;p&gt;St. Louis Fed: &lt;a href="https://fred.stlouisfed.org/series/LNU01300060"&gt;Labor Force Participation Rate - 25-54 Yrs.&lt;/a&gt;&lt;/p&gt; &lt;p&gt;Investopedia: &lt;a href="https://www.investopedia.com/articles/personal-finance/011216/average-retirement-savings-age-2016.asp"&gt;Average Retirement Savings by Age: How Do You Compare?&lt;/a&gt;&lt;/p&gt; &lt;p&gt;Trading Economics: &lt;a href="https://tradingeconomics.com/united-states/business-confidence"&gt;United States ISM Manufacturing PMI&lt;/a&gt;&amp;nbsp;&lt;/p&gt; &lt;p&gt;Federal Reserve Bank Of New York: &lt;a href="https://www.newyorkfed.org/microeconomics/hhdc"&gt;Household Debt and Credit Report&lt;/a&gt;&lt;/p&gt; &lt;p&gt;Education Data: &lt;a href="https://educationdata.org/student-loan-debt-statistics"&gt;Student Loan Debt Statistics [2024]: Average + Total Debt&lt;/a&gt;&amp;nbsp;&lt;/p&gt; &lt;p&gt;Guru Focus: &lt;a href="https://www.gurufocus.com/economic_indicators/57/sp-500-pe-ratio"&gt;S&amp;amp;P 500 PE Ratio Charts, Data&lt;/a&gt;&amp;nbsp;&lt;/p&gt; &lt;p&gt;Oil Price: &lt;a href="https://oilprice.com/Energy/Crude-Oil/OPEC-May-Be-Facing-Long-Term-Production-Cuts.html"&gt;OPEC+ May Be Facing Long-Term Production Cuts&lt;/a&gt;&amp;nbsp;&lt;/p&gt; &lt;p&gt;Center for American Progress: &lt;a href="https://www.americanprogress.org/article/project-2025s-tax-plan-would-raise-taxes-on-the-middle-class-and-cut-taxes-for-the-wealthy/"&gt;Project 2025&amp;rsquo;s Tax Plan Would Raise Taxes on the Middle Class and Cut Taxes for the Wealthy&lt;/a&gt;&lt;/p&gt; &lt;p&gt;&lt;strong&gt;Book Love&lt;/strong&gt;&lt;/p&gt; &lt;p&gt;John Kenneth Galbraith: &lt;a href="https://bookshop.org/a/23377/9780395925003"&gt;The Affluent Society&lt;/a&gt;&lt;/p&gt; &lt;p&gt;--&lt;/p&gt; &lt;p&gt;If you like #UNFTR, please leave us a rating and review on Apple Podcasts: &lt;a href="https://unftr.com/rate"&gt;unftr.com/rate&lt;/a&gt; and follow us on &lt;a href="https://www.facebook.com/Unfucking-The-Republic-102319714930389"&gt;Facebook&lt;/a&gt;, &lt;a href="https://twitter.com/unftrpod"&gt;Twitter&lt;/a&gt; and &lt;a href="https://www.instagram.com/unftrpod/"&gt;Instagram&lt;/a&gt; at @UNFTRpod. Visit us online at &lt;a href="https://www.unftr.com/"&gt;unftr.com&lt;/a&gt;.&lt;/p&gt; &lt;p&gt;Buy yourself some Unf*cking Coffee at &lt;a href="https://shop.unftr.com/"&gt;shop.unftr.com&lt;/a&gt;.&lt;/p&gt; &lt;p&gt;Check out the UNFTR Pod Love playlist on Spotify: &lt;a href="https://open.spotify.com/playlist/1PpzNXBub9FLngMradJByC?si=abaed3d396504fae"&gt;spoti.fi/3yzIlUP.&lt;/a&gt;&lt;/p&gt; &lt;p&gt;Visit our bookshop.org page at &lt;a href="https://bookshop.org/shop/UNFTRpod"&gt;bookshop.org/shop/UNFTRpod&lt;/a&gt; to find the full UNFTR book list, and find book recommendations from our Unf*ckers at&lt;a href="https://bookshop.org/lists/unf-cker-book-recommendations"&gt; bookshop.org/lists/unf-cker-book-recommendations&lt;/a&gt;.&lt;/p&gt; &lt;p&gt;Access the UNFTR Musicless feed by following the instructions at &lt;a href="https://www.unftr.com/accessibility"&gt;unftr.com/accessibility&lt;/a&gt;.&lt;/p&gt; &lt;p&gt;Unf*cking the Republic is produced by 99 and engineered by Manny Faces Media (&lt;a href="https://www.mannyfacesmedia.com"&gt;mannyfacesmedia.com&lt;/a&gt;). Original music is by Tom McGovern (&lt;a href="http://www.tommcgovern.com/"&gt;tommcgovern.com&lt;/a&gt;). The show is hosted by Max and distributed by 99.&lt;/p&gt; &lt;p&gt;Podcast art description: Image of the US Constitution ripped in the middle revealing white text on a blue background that says, "Unf*cking the Republic."&lt;/p&gt;&lt;p&gt;&lt;a href="https://www.buymeacoffee.com/unftr" rel="payment"&gt;Support the show: https://www.buymeacoffee.com/unftr&lt;/a&gt;&lt;/p&gt;&lt;p&gt;See &lt;a href="https://omnystudio.com/listener"&gt;omnystudio.com/listener&lt;/a&gt; for privacy information.&lt;/p&gt;</description>

Unf*cking The Republic

UNFTR Media

The U.S. Economy: Have we reached a boiling point?

DEC 14, 202444 MIN
Unf*cking The Republic

The U.S. Economy: Have we reached a boiling point?

DEC 14, 202444 MIN

Description

Are we heading into a recession? Did we ever really come out of the last one? Do market fundamentals matter anymore? How did Democrats miss so badly on the economy, leading to the re-election of Donald Trump? Is capitalism collapsing? It’s difficult to get a proper read of the U.S. economy. It’s a giant, complex juggernaut that both relies on global markets and holds them all together. There is no unifying economic or political theory to provide clarity as the biggest economy in world history continues to navigate uncharted territory. Let’s talk about it.

Chapters

Intro: 00:00:34

The Stock Market Is Not the Economy: 00:02:25

The U.S. Economy is the Global Economy: 00:04:24

Market Based Economies are Cyclical: 00:05:25

The Rate of Change in the Labor Market is Faster Today: 00:07:52

Inequality is a Condition of Capitalism: 00:11:26

Sentiment is Just as Powerful as Any Data Point: 00:13:32

The Single Biggest Economic Force is Greed: 00:14:02

Cycle Trends: 00:18:40

Enter Trump: 00:31:54

Post Show Musings: 00:36:47

Outro: 00:42:31

Resources

St. Louis Fed: Labor Force Participation Rate

St. Louis Fed: Labor Force Participation Rate - 25-54 Yrs.

Investopedia: Average Retirement Savings by Age: How Do You Compare?

Trading Economics: United States ISM Manufacturing PMI 

Federal Reserve Bank Of New York: Household Debt and Credit Report

Education Data: Student Loan Debt Statistics [2024]: Average + Total Debt 

Guru Focus: S&P 500 PE Ratio Charts, Data 

Oil Price: OPEC+ May Be Facing Long-Term Production Cuts 

Center for American Progress: Project 2025’s Tax Plan Would Raise Taxes on the Middle Class and Cut Taxes for the Wealthy

Book Love

John Kenneth Galbraith: The Affluent Society

--

If you like #UNFTR, please leave us a rating and review on Apple Podcasts: unftr.com/rate and follow us on Facebook, Twitter and Instagram at @UNFTRpod. Visit us online at unftr.com.

Buy yourself some Unf*cking Coffee at shop.unftr.com.

Check out the UNFTR Pod Love playlist on Spotify: spoti.fi/3yzIlUP.

Visit our bookshop.org page at bookshop.org/shop/UNFTRpod to find the full UNFTR book list, and find book recommendations from our Unf*ckers at bookshop.org/lists/unf-cker-book-recommendations.

Access the UNFTR Musicless feed by following the instructions at unftr.com/accessibility.

Unf*cking the Republic is produced by 99 and engineered by Manny Faces Media (mannyfacesmedia.com). Original music is by Tom McGovern (tommcgovern.com). The show is hosted by Max and distributed by 99.

Podcast art description: Image of the US Constitution ripped in the middle revealing white text on a blue background that says, "Unf*cking the Republic."

Support the show: https://www.buymeacoffee.com/unftr

See omnystudio.com/listener for privacy information.