You can't cut taxes and raise spending forever— Brandon Sheridan and Abdullah Al Bahrani
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You can't cut taxes and raise spending forever— Brandon Sheridan and Abdullah Al Bahrani
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Is the economy stalled, or are we about to hit a wall? Dr. Abdullah Al-Bahrani and Elon University's Dr. Brandon Sheridan break down a week of noisy data — and land on the one number nobody's talking about: you can't cut taxes and raise spending forever. Something gives.In this episode:01:12 — Why Brandon calls the economy "moving sideways," and what 1.5% GDP growth is hiding02:04 — Consumers continue to spend06:29 — The jobs report: Is -23K real, or just noisy data?09:40 — Labor force participation is a concern 19:53 — Inflation's hidden secret31:10 — "You can't reduce revenue and increase spending simultaneously when you're already in debt." Brandon's warning on where this endsFollow Decode Econ for updates on the economy and what it means to you.