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S8 Ep179: PREVIEW — Jim McTague — A Tale of Two Economies: Household Budget Constraints. Reporting from Lancaster County, McTague documents the existence of a "tale of two economies" through interviews with a family at Costco, wherein the father asserted

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Manage episode 523935548 series 2974360
Content provided by Audioboom and John Batchelor. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Audioboom and John Batchelor or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://podcastplayer.com/legal.
PREVIEWJim McTague — A Tale of Two Economies: Household Budget Constraints. Reporting from Lancaster County, McTague documents the existence of a "tale of two economies" through interviews with a family at Costco, wherein the father asserted that the economy was performing adequately. However, the mother, who manages the household's financial expenditures and budgeting, expressed significant concern that household expenses exceed available resources, making economic survival increasingly difficult. McTague validates the mother's assessment through personal observation of light retail traffic and diminished consumer engagement, suggesting that official economic statistics may mask genuine household financial distress affecting middle-class purchasing power and discretionary spending capacity.
DURHAM IRON WORKS
  continue reading

534 episodes

Artwork
iconShare
 
Manage episode 523935548 series 2974360
Content provided by Audioboom and John Batchelor. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Audioboom and John Batchelor or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://podcastplayer.com/legal.
PREVIEWJim McTague — A Tale of Two Economies: Household Budget Constraints. Reporting from Lancaster County, McTague documents the existence of a "tale of two economies" through interviews with a family at Costco, wherein the father asserted that the economy was performing adequately. However, the mother, who manages the household's financial expenditures and budgeting, expressed significant concern that household expenses exceed available resources, making economic survival increasingly difficult. McTague validates the mother's assessment through personal observation of light retail traffic and diminished consumer engagement, suggesting that official economic statistics may mask genuine household financial distress affecting middle-class purchasing power and discretionary spending capacity.
DURHAM IRON WORKS
  continue reading

534 episodes

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