Ep 457: What You Need To Know About the 2025 Economy

Welcome to 2025! It’s a New Year and it’s also a Presidental transition year which means we’re all wondering where things may be headed this year economy-wise. A little trepidation is always expected anytime a new President is due to take office, but Americans are feeling especially uncertain about how President-elect Trump’s decisions may have a ripple effect on our personal economies. 

Kathryn Edwards, PhD Economist shares how the US economy is really doing and what it could mean for our wallets in 2025.

CHAPTERS:

04:00 The lasting economic reverberations from the pandemic

06:00 Structural economic inequality in the U.S.

11:00 The economy’s cyclical nature

14:00 Advice for investors

17:00 The economic impact of tariffs

22:00 The childcare market failure

TAKEAWAYS:

• The pandemic's impact has left a long-lasting imprint, contributing to current economic uncertainty.
• The challenges Americans face are rooted in decades of structural economic inequality dating back to the 1980s.
• Tariffs increase consumer costs and create unpredictable economic ripple effects.

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