Pandemic economy update: looking at stagflation; plus progress on the national debt, deficit

Inflation is high, and interest rates have followed suit. Taken together, those factors usually signal that stagflation could be looming. But with unemployment at historic lows in the United States, just how much are we at risk? When it comes to the national debt and national deficit, the Biden Administration actually seems to be making progress. How does this affect our everyday lives? Plus, Memorial Day is right around the corner, and Jersey shore towns are gearing up with an optimistic outlook. Philadelphia economist David Fiorenza is back to break down the biggest economic stories of the week and what they mean for you and me.