Fear is the economy killer

恐惧是经济杀手

Today, Explained

新闻

2025-03-28

27 分钟
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The biggest threat to the American economy might be the American consumer’s sour mood. This episode was produced by Miles Bryan and Carla Javier, edited by Jolie Myers, fact-checked by Laura Bullard, engineered by Andrea Kristinsdottir and Patrick Boyd, and hosted by Jonquilyn Hill. Transcript at vox.com/today-explained-podcast Support Today, Explained by becoming a Vox Member today: http://www.vox.com/members A "99 cent Up & Less" sign in a Brooklyn neighborhood. Photo by Spencer Platt/Getty Images. Learn more about your ad choices. Visit podcastchoices.com/adchoices
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  • How worried about a recession are you?

  • Yes, that's the big question.

  • I'm on a scale of 1 to 10, I'm probably somewhere around a 5 or 6 now, which is way higher.

  • If we had this conversation in January, I think I would have been like a two.

  • So it just shows you how much it's jumped up.

  • You can pick your favorite economist.

  • I think JP Morgan put the recession odds at 40%.

  • Larry Summers was at 50%.

  • Goldman Sachs still pretty conservative, around 20 to 25%.

  • But everyone agrees the recession risks have really gone up.

  • Tariffs, the stock market, Doge cuts.

  • Americans are getting bad vibes from the economy.

  • But if consumers quit spending, a vibe session could turn into a real session.

  • I'm Jaclyn Hill guest hosting today's show and all this is coming up on Today.

  • Explained.

  • I can say to my new.

  • Samsung Galaxy S25 Ultra, hey, find a keto friendly restaurant nearby and text it to Beth and Steve.

  • And it does without me lifting a. Finger so I can get in more.

  • Squats anywhere I can.

  • 1, 2, 3.