Why the Economic Numbers Don’t Match How You Feel | With Mark Zandi

There is a massive chasm between what official data tells us about the financial landscape and how average Americans actually experience their daily lives. Mark Zandi, chief economist at Moody's, joins Zachary Karabell to break down why this disconnect exists and how a skewing of income distribution means different classes are living in entirely separate realities. They explore whether modern technological leaps like artificial intelligence will create devastating job losses or spark a much-needed era of entrepreneurial business formation.
The conversation then shifts to the fundamental purpose of our financial systems and the vital role of government in setting clear, bright yellow lines for businesses to follow. They tackle the potential politicization of the Federal Reserve, the speculative nature of cryptocurrencies as a store of value, and why the historical data surrounding first-time home buyers might not be as dire as the modern internet suggests. Ultimately, they ask a critical question about the true goal of an affluent, democratic society in the twenty-first century.
What Could Go Right? is produced by The Progress Network and Kaleidoscope.
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