[243] How’s the US economy doing? – with Tim Duy and Dean Baker

Then, Erin sits down with Tim Duy, professor of economics at the University of Oregon and blogger at Tim Duy’s Fed Watch. Tim gives us his take on whether middle class Americans are better off now than they were 20 years ago. He also has a firm view on whether we’re over-reliant on the central bank.

After the break, Erin talks to Dean Baker – co-director of The Center for Economic and Policy Research. Dean tells us why he thinks nominal wage gains have been so weak and gives us his take on consumer debt issues, especially mortgages and student debt.

And in The Big Deal, Erin and Edward Harrison are also talking about consumer debt. Take a look!

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