Why is the economy terrible but unemployment low?

How do Republican elites stand diametrically opposed to the needs of the masses whose votes they rely on for political power? This week, we explore the economic aspects of this question and more.

 

00:00 Intro

03:40 Eulogy for Eric's grandfather

13:21 Main Topic: Why is unemployment so low if the economy is so bad?

30:20 Two-pronged approach to deal with this situation politically

35:08 GOP's botched mentality on work and economics

 

SHOWNOTES
“Everything is Weird” by Derek Thompson https://www.msn.com/en-us/money/markets/the-everything-is-weird-economy/ar-AAZHcRf    
Pro-GOP pubs still claiming Americans are struggling because them young, whipper-snappers are just too dad-blamed lazy to go to work. https://thefederalist.com/2022/07/08/the-decline-of-the-american-work-ethic-will-exacerbate-the-oncoming-recession/  
GOP’s outdated view of the American Dream:  https://nypost.com/2022/07/04/than-the-american-dream-and-anyone-can-attain-it/