April 10, 2026
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21:19Now PlayingEconomist Justin Wolfers joins Molly for a brisk, funny, and sobering conversation about why consumer sentiment has plunged to record lows even as many “hard” economic indicators don’t yet show a recession, arguing that a mix of war-driven anxiety, perceived government incompetence, and intense partisan polarization is distorting how Americans report their economic outlook. They dig into how rising oil prices can ripple into broader inflation over time, why tariff policy has created uncertainty without delivering promised gains, and what to make of claims that official numbers are manipulated—Wolfers’ view is that independent statistical agencies like the BLS, BEA, and Census still produce trustworthy data, even if political messaging around it often isn’t.
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