Everyday Economics

The Center Square
  • 4.7 (40)
  • News Commentary
  • Updated Semiweekly

Economist Dr. Orphe Divounguy and Chris Krug join forces to unravel the complexities of global markets, inflation, and everything else you need to know to navigate the economic world around you.

  1. 2d ago

    Government Spending Is Costing You: The 3 Ways Washington’s Debt Comes Home

    Government borrowing is never free — and taxpayers ultimately pay the bill. The Center Square publisher Chris Krug and PhD economist Orphe Divounguy break down the three ways government debt can hit American households: higher taxes, higher interest rates and higher inflation. The discussion examines why massive government borrowing can put upward pressure on Treasury yields, mortgage rates, car loans and business borrowing — while rising interest costs consume an increasingly large share of federal spending. Federal spending reached roughly $5.52 trillion, compared with $4.15 trillion in revenue, while interest costs have become one of the largest components of the federal budget. What does America's debt mean for your household, mortgage, business and purchasing power? And can economic growth actually help the country grow its way out of the debt problem? Watch the full discussion to understand how government borrowing can ultimately affect the taxpayer. #GovernmentDebt #Inflation #Taxes #InterestRates #Taxpayers #Economy #FederalDebt #MortgageRates #Finance #economics Support this podcast: https://secure.anedot.com/franklin-news-foundation/ce052532-b1e4-41c4-945c-d7ce2f52c38a?source_code=xxxxxx Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

  2. 5d ago

    The Job Market Is Stuck: Why 23,000 Jobs Were Lost in July

    The U.S. job market isn't collapsing — it's stuck. July payrolls fell by 23,000, while unemployment held at 4.1%. But deeper revisions to May and June erased more than 100,000 previously reported jobs, raising bigger questions about the strength of the labor market. On this episode of Everyday Economics, Chris Krug and PhD economist Orphée Divounguy break down what the latest jobs numbers really mean for workers, businesses and the U.S. economy. They discuss: Why the July jobs report may be less alarming than the headline suggests How revisions erased more than 100,000 jobs from previous months Why hiring and layoffs are both unusually low What "stall speed" means for the labor market Why low labor-force participation is keeping unemployment at 4.1% The risks of weak job-to-job movement and slower wage growth Whether AI and data-center investment can drive a productivity boom Why future productivity gains could create new jobs — and new labor shortages Everyday Economics is brought to you by The Center Square, helping you understand the economic forces shaping your everyday life. #Economy #JobsReport #LaborMarket #Jobs #Inflation #FederalReserve #AI #Economics Support this podcast: https://secure.anedot.com/franklin-news-foundation/ce052532-b1e4-41c4-945c-d7ce2f52c38a?source_code=xxxxxx Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

  3. Aug 7

    Illinois Lawmaker Faces House Investigation After Federal Fraud Charges | The States

    Illinois Democratic State Rep. Carol Ammons is facing a bipartisan Illinois House investigation after being federally charged with wire fraud and making false statements, with the special committee examining whether there are grounds for discipline or removal while Ammons maintains her innocence. Ammons and her husband, Aaron Adam Ammons, have pleaded not guilty to the federal charges, with a trial scheduled for September. Prosecutors allege the case involves nonprofit contracts and questions surrounding campaign contributions, while the House committee emphasized that it is not determining guilt or innocence. Also, in this episode: The committee voted to contact the U.S. Attorney's Office for the Central District of Illinois before proceeding further, seeking guidance on whether the state investigation could interfere with the ongoing federal case. The investigation draws comparisons to the Illinois House's previous special committee examining former Speaker Michael Madigan, who was later convicted on federal corruption charges and sentenced to 7½ years in prison. The States also examines energy prices and the conflict in Iran, a newly uncovered effort by state attorneys general to coordinate litigation against the Trump administration, and the growing debate over data center expansion and taxpayer costs. Plus, America's Talking: California: https://www.thecentersquare.com/california/article_28a745de-6c13-4df1-88df-c0c150193eb7.html Wisconsin: https://www.thecentersquare.com/wisconsin/article_9cede801-b522-4172-9d2e-b8d50301bfad.html Georgia: https://www.thecentersquare.com/georgia/article_1db1ef45-8b75-4144-928a-7d670680111a.html Arizona: https://www.thecentersquare.com/arizona/article_b2a0c25a-f6ef-465c-ad4c-de89ea70d2f3.html   The States delivers taxpayer-focused reporting from around America, powered by The Center Square. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

  4. Aug 6

    Fed Holds Rates: Why Homes Keep Getting Less Affordable

    The Federal Reserve kept interest rates unchanged—but that doesn't mean borrowing is getting any easier. In this episode of Everyday Economics, Greg Bishop sits down with PhD economist Orphe Divounguy to explain why mortgage rates remain elevated, what it means for first-time homebuyers, businesses looking to expand, and taxpayers navigating an increasingly expensive economy. Topics include: Why mortgage rates remain near 7% The end of the era of cheap money Housing affordability and first-time buyers Why wealthy buyers are still purchasing homes The impact of high borrowing costs on businesses Inflation, jobs, and the Federal Reserve's difficult balancing act What taxpayers should expect if interest rates stay elevated If you're wondering how Federal Reserve policy affects your finances, this breakdown explains the real-world economic consequences. Subscribe for more reporting on economics, government spending, taxes, inflation, and how public policy impacts taxpayers. Support this podcast: https://secure.anedot.com/franklin-news-foundation/ce052532-b1e4-41c4-945c-d7ce2f52c38a?source_code=xxxxxx #FederalReserve #InterestRates #MortgageRates #HousingMarket #Inflation #Economy #Taxpayer #EverydayEconomics #Finance #FederalReserveNews Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

  5. Aug 4

    Fed Shocks Markets Why Interest Rate Hikes May Be Back on the Table

    The Federal Reserve kept interest rates unchanged for a fifth straight meeting—but the real story wasn't the decision itself. It was the message. In this episode of Everyday Economics, Dr. Orphe Divounguy explains why markets reacted so strongly after the Fed abandoned forward guidance, why Treasury yields surged to their highest levels since 2007, and why some Federal Reserve officials are now calling for higher interest rates—not cuts. What does this mean for inflation, taxpayers, businesses, retirees, homebuyers, and anyone saving for retirement? In this video: Why markets sold off after the Fed meeting Inflation risks that refuse to disappear Why three Fed officials wanted rate hikes How government deficits affect interest rates AI investment and its impact on borrowing costs Why volatility hurts workers and retirees What to watch in the upcoming jobs report If inflation remains stubborn, borrowing costs could stay elevated, affecting mortgages, business investment, federal debt, and ultimately taxpayers. Subscribe for more analysis on the economy, government spending, inflation, and the policies affecting your financial future.  #FederalReserve #Inflation #InterestRates #Economy #FederalReserveMeeting #Taxpayer #Economics #JobsReport #StockMarket #Finance Support this podcast: https://secure.anedot.com/franklin-news-foundation/ce052532-b1e4-41c4-945c-d7ce2f52c38a?source_code=xxxxxx Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

  6. Jul 28

    Will the Fed Raise Interest Rates Again? Inflation, Jobs & the Economy Explained

    Inflation remains one of the biggest financial challenges facing American families, and the Federal Reserve may not be done fighting rising prices. In this episode of Everyday Economics, Greg Bishop and economist Orphe Divounguy, Ph.D. explain why a stronger labor market has shifted the Federal Reserve's focus away from unemployment and back toward inflation. Support this podcast: https://secure.anedot.com/franklin-news-foundation/ce052532-b1e4-41c4-945c-d7ce2f52c38a?source_code=xxxxxx Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

  7. Jul 24

    Gas Prices Are Hiding Inflation... But It Won't Last

    Gas prices posted their biggest monthly decline since 2020, giving Americans temporary relief at the pump—but is it enough to keep inflation under control?   In this episode of Everyday Economics, Chris Krug and economist Dr. Orphe Divounguy explain why cheaper gasoline is helping consumers continue spending, why rent prices may be about to rise again, and how Middle East tensions could send energy prices higher. They also discuss what the latest CPI data really means, whether inflation is actually cooling, and why the Federal Reserve may keep interest rates higher for longer.   Topics Covered: Why gas prices fell June CPI inflation explained Will inflation rise again? Rent prices and the housing market How oil prices affect everyday costs Federal Reserve outlook Consumer spending trends Everyday Economics analysis   📈 Subscribe for weekly economic analysis that breaks down the headlines impacting your wallet. #Inflation #GasPrices #Economy #CPI #FederalReserve #HousingMarket #ConsumerSpending #OilPrices #InterestRates #EverydayEconomics #TheCenterSquare Support this podcast: https://secure.anedot.com/franklin-news-foundation/ce052532-b1e4-41c4-945c-d7ce2f52c38a?source_code=xxxxxx Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

  8. Jul 23

    Why Housing Is Still Unaffordable for Millions of Americans

    America remains 4.7 million homes short, leaving millions of families struggling to find affordable housing while home prices remain elevated. In this episode of Everyday Economics, Center Square Publisher Chris Krug and economist Dr. Orphe Divounguy explain why the housing shortage continues despite slowing consumer spending and why home construction has stalled. They discuss: America's growing housing supply shortage Why single-family home construction is slowing How high interest rates impact builders The rising cost of construction materials The role zoning laws and permitting delays play How government regulations increase the cost of new homes Why affordable housing remains out of reach for millions What policymakers could do to lower housing costs Whether you're a homeowner, first-time buyer, taxpayer, investor, or simply wondering why housing remains so expensive, this conversation breaks down the economic forces shaping America's housing market. Subscribe for more analysis on the economy, government spending, inflation, housing, taxes, and the policies affecting taxpayers nationwide. #HousingMarket #HousingCrisis #RealEstate #Economy #Inflation #AffordableHousing #HomePrices #MortgageRates #Construction #taxpayermoney Support this podcast: https://secure.anedot.com/franklin-news-foundation/ce052532-b1e4-41c4-945c-d7ce2f52c38a?source_code=xxxxxx Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

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4.7
out of 5
40 Ratings

About

Economist Dr. Orphe Divounguy and Chris Krug join forces to unravel the complexities of global markets, inflation, and everything else you need to know to navigate the economic world around you.

Information

  • Creator
    The Center Square
  • Years Active
    2022 - 2026
  • Episodes
    557
  • Rating
    Clean
  • Copyright
    © The Center Square
  • Show Website
    Everyday Economics

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