Show Notes
One thing I’ve been trying to square lately is online discourse and real world action. I spend a lot of time on this topic (like a lot of time) and it’s because I think it’s important. A lot of people will shrug off how people feel because people are people, and it’s volatile and prone to change, but there is always something within the weeds of these whispers that can be informative to thinking about change. The economy is weird right now. We all know this. We all feel this. Political Narratives and Economic Policies We are about to go into an election year, there was a debate last night, some key gubernatorial races this week (go Kentucky!!!) and of course, political sentiment is going to shape economic sentiment - and divide. I was fortunate enough to interview David Dayen of the American Prospect this week, and he said - Republicans are going to focus on inflation, even if the inflation statistics are pretty moderate at that time… They think it's a winning issue. The Democrats are going to focus on the fact that over 10 million [jobs] have been created under Biden's presidency. That the unemployment rate is at historic lows that the gap between the black and white unemployment rate is at historic lows… There is a problem with touting the economy too much when people's circumstances don't feel like that they're in the same place. I don't know if I would say demeaning, but it seems like it sort of erases people's experience to a certain degree. And people CARE about inflation. They feel like their experience has been erased. Full article: https://kyla.substack.com/p/how-socia... Blog: https://kyla.substack.com All materials in these videos are used for educational purposes and fall within the guidelines of fair use. No copyright infringement intended. If you are or represent the copyright owner of materials used in this video and have a problem with the use of said material, please contact me. DISCLAIMER: This video does not provide investment or economic advice and is not professional advice (legal, accounting, tax). The owner of this content is not an investment advisor. Discussion of any securities, trading, or markets is incidental and solely for entertainment purposes. Nothing herein shall constitute a recommendation, investment advice, or an opinion on suitability. The information in this video is provided as of the date of its initial release. The owner of this video expressly disclaims all representations or warranties of accuracy. The owner of this video claims all intellectual property rights, including copyrights, of and related to, this video.
More from Kyla's Newsletter: Audio Version
kyla.substack.com Paperback here - https://www.penguinrandomhouse.com/books/737854/in-this-economy-by-kyla-scanlon/ Signed copies here - https://skylightbooks.com/book/9780593727874
Full piece is located here: https://kyla.substack.com/p/how-to-get-rich-in-america Thank you!
New York City just proposed the first municipal click-to-cancel rule in the country, a direct answer to the subscription traps that keep you paying for gyms you don't go to and apps you forgot you had. I sat down with Sam Levine, Commissioner of NYC's Department of Consumer and Worker Protection (and former head of the FTC's consumer protection bureau, where the federal version of this rule was written before a court struck it down), to talk about what the rule actually requires, why the city stopped waiting on Washington, and what it's like when even the consumer protection commissioner can't cancel a subscription. We get into what a compliant cancellation actually looks like, how enforcement works (it runs on your complaints: nyc.gov/consumers or 311), the Roosevelt Institute's estimate that this could save New Yorkers up to $162 million and 600,000 hours a year, and why Levine thinks the deeper stakes are about whether people believe government can work at all.
Find out more information about RaiseUS here: raiseus.ai I sat down with Gina Raimondo, the 75th governor of Rhode Island and 40th Secretary of Commerce, now the founder and CEO of a new organization called RaiseUS. We talked about how her new project helps workers transition through the AI economy by using a holistic approach across employers, educational institutions, and the government.
Transcript here: https://kyla.substack.com/p/is-ai-going-to-destroy-our-lives