Shownotes
According to the US Department of Labor, there were a near-record 10.4 million job openings in August. Costs are spiking, supply chains are broken, and Congress wants to spend more money to fix the problem.
AEI scholar Michael Strain joined the show to discuss what is keeping people out of the workforce, the effects of enhanced unemployment benefits on the economy’s supply and demand, and the future of the American economy.
Michael Strain is the Director of Economic Policy Studies and the Arthur F. Burns Scholar in Political Economy at AEI. Before joining AEI, he worked in the Center for Economic Studies at the US Census Bureau.
Download the transcript here.