Midterms 101: Jason Furman, Professor at Harvard's Kennedy School, on voting and the economy

The midterms are tomorrow and a lot is on the line. Jason Furman is a professor at Harvard's Kennedy School and gave us his take on inflation, our current economy and the President's role in it all.
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[@lisaannpennington3958]

I don't vote economics first or second. No matter what. Other things are more permanent than whatever economic situation exists at the moment. Like democracy and freedom or lack thereof.

[@Gess575]

Economics go up and down, I'm not an economist, nor do I even follow a whole lot, but I feel as though that's what's used to shake US up, scare US, while the CLIMATE threatens everything

[@bdadolph]

Absolutely. I just returned from North Carolina and gas prices are not too high. Further the President does not determine prices it is supply and demand. US doing best international

[@yvonneplant9434]

The people complaining about inflation were either not alive or too young to have experienced it years ago. It took a long time to "cure" it before. And that time there was no pandemic to impact it like now.

[@yvonneplant9434]

@@bdadolph The largest oil refinery on the east coast, which was in Phila., closed a few years ago. That's obviously a factor.

[@michaeld9682]

If you like freedom, do not vote blue

[@scott7119]

Thanks for this Katie. People like to blame Joe and the Dems - but this is a far more complex issue. Great information to be shared.

[@michaeld9682]

We blame democrats for high taxes, porn in the school libraries, men in women sports, open borders, hatred for the bill of rights

[@ellenwheat3608]

ThanksKatie. Jason is a terrific guest! I have a phd but usually lose track when economists talk, but as usual you chose a perfect expert to discuss the pertinent issues so we could track the conversation. I could even glance at my NBA game and still follow along! I learned a lot. Now ill read all the comments and when the game is over ill watch the discussion again. Thanks for your thoughtful fashioning of your programs!

[@latinaforever4892]

Thank you Jason very good information 👏🏼🇺🇸💙

[@judykinsman3258]

When you have a fewer number of corporations controlling the production & distribuion of our food, who didn’t see this as an autocratic move? Money rules!!!

[@debbiemoore5945]

Wait….student debt forgiveness is for a targeted group of income earners that are NOT necessarily rich doctors and lawyers! Come on man 😂

[@dariatodor1730]

Really--too much money was given?? I think Furman is out of touch about how much that money helped folks who do not have a lot of money...

[@mariatamburro]

Agreed. These comments always come from the most privileged that have no clue what it’s like to have so little.

[@KrissyFace]

He is saying it not from a moral standpoint but an economic one.

[@latinaforever4892]

He sounds republicans 🤭😂😂

[@steveflor9942]

People complain about gas prices.... Most drive SUVs, trucks and Crossovers. In other words: the biggest, thirstiest thing they can get their hands on. Oddly, one of the few things true for all class levels. People responded to pandemic by hoarding - everything. Without a care of the inflationary pressure this creates. The Prime rate at near 0% since 2008 create extreme demand for new housing. Why housing cost went out of sight. Leaving millions without much disposable income.

[@tombirney7276]

President who does not want to be re-elected has statutory authority to temporarily impose price controls, is that still true?

[@jackiebinns6205]

This guy yelling about student lab debt !! Damn im not a doc I need that !!!!

[@danponitlong]

ECONOMY IS FIRST FOOD PRICE IS TOO HIGH...AND I KNOW POLITICIANS WILL BRING FOOD PRICE DOWN, BECAUSE THEY'RE NOT STORE OWNERS.

[@gloriastanleygarcia4681]

I completely disagree with your guest regarding student loans relief which helps the poorest of borrowers and the stimulus checks that was needed by many Americans to get food on the table and rent paid. Why hasn’t he mentioned the previous administration’s trillion and a half tax cut for the wealthiest ?

[@razerginn]

The oil monopoly is a large driver of inflation

[@ronniew3028]

Economy as priority?! How about moral integrity...that is at the top or we don't have a democracy!

[@keithshippey230]

lol Economy when the concept of money is Debt

[@stephanieonlife3657]

I am 100% debt free!!!

[@aprilpryor2332]

I definitely have different values and perspectives than him.

[@lamontlewis2711]

Food prices are too high and the quantity has gotten real low...Inflation is just another word for "No Relief In Sight"..Just Sayin..

[@loveskatt]

Due to corporate greed, not the President.

[@davidedelbrock7828]

Not true, the good paying jobs or specific jobs such as in mortgage, lending, banking, etc -- I know many people in Texas are out of work. Yes, low paying jobs are available. You will see more tech jobs going away per Facebook and Twitter. So, not sure what bubble you live in nor is the Harvard Professor really understand what the normal person (not his buddies that have plenty of money) has to go thru. He (the Harvard Professor) needs to really see what is going on! The trucking system really???? We are running out of diesel.... you really don't know what is going on. Not true about the prices when we were Energy Independent 2 years ago. Plus Mr. Harvard Professor -- you have never visited a Corpus Christi Refinery-- or know anything about it. The government has regulated the hell out of the petroleum industry and this is why there is limited refineries in the USA. Maybe look at how many products are made from oil. Again, who would take your class is beyond me. Inflation is solved by raising the interest rates and reduce spending -- how stupid is this guy. Look back from the Reagan years.

[@domy2584]

Hi from Australia, we are very concerned. UN be needed to assist elections in future?

[@stephanieonlife3657]

Try BEING A TRANSGENDER WOMEN IN CONSERVATIVE AREA OF PENNSYLVANIA. ITS HARD!!!

[@AvsFan32]

Where is that in PA? Just curious. Thanks.

[@larkmurry7808]

Delicious...

[@joesimone6614]

Ask the American people to do the speed limit. Save gasoline . Please Please conserve our energy needs. The world is hurting. Joe S

[@cherylalt101]

I've never understood why so many people think republicans are better for the economy. I'm 66 and the only time I remember the c

[@cherylalt101]

Oops! The only time I remember the budget being balanced was under Clinton and Bush turned around and blew it all on tax refunds that most people didn't want.

[@latinaforever4892]

Well said 👏🏼👏🏼 🇺🇸

[@bdadolph]

@@cherylalt101 recall 2009 what Obama had to inherit from Bush2: economic and financial collapse

[@niltomega2978]

@@cherylalt101 its was Gingrich that did that

[@cherylalt101]

@@niltomega2978 Gingrich is sometimes called the man who destroyed politics. He started republicans on many of the current tactics over 40 years ago. And he’s been advising trump since before he ran for office. His wife was given the cushy position of Ambassador to the Vatican by trump and Gingrich bragged about not having a bad meal since they’d arrived in Rome. Sorry, I’m starting to rant… that guy and his chimpanzee politics makes me cringe lol. Thanks for your reply Nitro. Have a good day/evening!

[@JohnJohn-fd5jq]

Vote to save America and save pocket book by voting Republican. They wont twist truth

[@girlz1229]

Unbelievably wrong. C'mon man!

[@geraldled]

Solving the problem with finding scarce resources scattered domestically, or around the world to manufacture goods, or perform services to satisfy an insatiable need: Economics. It’s always good to hear the news value of economics from the pundits perspectives.

[@domy2584]

VOTE BLUE