Ep 39: Election Economics & The Battleground of Narratives

Clients always want to know what I think politically and where I stand. In this episode, I share some data on the economy and even my opinion of the two presidential candidates and how their campaigns will likely spin narratives around economic data to their favor. As observers and participants in this democratic process, it’s essential to navigate these narratives wisely, armed with a comprehensive understanding of objective economic truths and their broader implications.Reference sources:GDP data: https://www.bea.gov/news/2024/gross-domestic-product-fourth-quarter-and-year-2023-third-estimate-gdp-industry-andTrade defcit data: https://tradingeconomics.com/united-states/balance-of-trade#:~:text=The%20United%20States%20recorded%20a,Billion%20in%20March%20of%202022.Inflation data and charts: https://bilello.blog/2024/the-week-in-charts-4-15-24Pandemic Unemployment: https://www.statista.com/chart/24363/number-of-jobs-lost-since-february-2020/Biden job creation: https://www.dol.gov/newsroom/releases/osec/osec20240202Economic forecast: https://www2.deloitte.com/us/en/insights/economy/us-economic-forecast/united-states-outlook-analysis.html This is a public episode. If you would like to discuss this with other subscribers or get access to bonus episodes, visit thefinancialpurpose.substack.com