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WAKING UP: What’s happening with the economy? Dean Baker gives the update (August 2, 2019)

Dean Baker August 2, 2019 Real-World Economics Review

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Summary:
There was major economic news this week with the Senate passing a major budget deal that lifts that debt ceiling, and the Fed announcing it will cut interest rates. We rely on the media to tell us what we need to know about how these developments will impact our day to day lives, but the ...

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There was major economic news this week with the Senate passing a major budget deal that lifts that debt ceiling, and the Fed announcing it will cut interest rates. We rely on the media to tell us what we need to know about how these developments will impact our day to day lives, but the more mainstream outlets tend to give more misinformation than anything else. That’s why we have on our new regular guest, Dean Baker here to help us parse out the facts of what’s happening with the economy.



Next, we hear from Aaron Short, whose book, ‘Method to the Madness’ shows how Trump had carefully planned his bid for the presidency since he launched what many considered to be a joke candidacy in 1999.



Waking Up With Julianna Forlano is a lively morning news/talk show covering breaking news and events from a free thinking perspective. Tune in Monday-Friday at 7-8am ET on WBAI, Twitch, or YouTube.


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About Dean Baker
Dean Baker
Dean Baker is a macroeconomist and codirector of the Center for Economic and Policy Research in Washington, DC. He previously worked as a senior economist at the Economic Policy Institute and an assistant professor at Bucknell University. He is a regular Truthout columnist and a member of Truthout's Board of Advisers.
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