Boom Bust Season 2 Episode 80 Ann Pettifor On Europe and Dean Baker On the US Economy

In season 2 episode 80 of Boom Bust, two experts weigh in on the current state of the global economy. First up is Ann Pettifor, an economist and author who specializes in sovereign debt and international monetary systems. Pettifor gives her take on the ongoing financial crisis in Europe, discussing the problematic austerity measures and debt repayment plans being pushed by the European Union and the International Monetary Fund. She advocates for a more proactive and equitable approach to economic policy, with a focus on reducing inequality and investing in public goods.

Next, Dean Baker, a senior economist at the Center for Economic and Policy Research, offers his insights on the US economy. Baker discusses the impact of technological change and automation on job growth and income inequality, as well as the potential consequences of current trade policies and tax reform proposals. He also discusses the need for stronger labor protections and a more robust social safety net, in order to mitigate the negative effects of economic disruption for vulnerable workers and communities.

Throughout the episode, the hosts offer commentary and analysis on the guests' perspectives, highlighting key themes and insights from the conversation. They also cover the latest economic news and trends, from corporate earnings reports to consumer spending data, providing context and analysis for viewers and investors. Overall, this episode of Boom Bust offers a thoughtful and informative discussion of the complex and evolving global economic landscape.