On this edition of Your Call, we’ll have a conversation about the future of the US economy.
In recent months, economists and forecasters have warned that the economy is barreling toward a recession because of several factors, including the US-China trade war, slowdowns in China, US manufacturing, and the Trump/GOP tax cuts for the rich. What do we need to know about the inner workings of the US economy? And is a recession in store for 2020?
Guests:
Dean Baker, senior economist at the Center for Economic and Policy Research
Tim Aeppel, reporter covering the economy at Reuters
Web Resources:
Jacobin: How the Media Fools Us About Trade
Reuters: To survive trade war, some U.S. importers embark on major revamps of product lines
The New York Times: Trump Can Battle China or Expand the Economy. He Can’t Do Both.
CBS News: Why U.S. Steel, a showcase for Trump's tariffs, is laying off workers in Michigan