Today on Political Economy, Michael Strain and I discuss the key challenges currently facing the American economy; namely, the growing debt burden, lingering inflation, the market response to tariffs, and general uncertainty.

Strain is the director of Economic Policy Studies and the Arthur F. Burns Scholar in Political Economy here  at AEI. He has published dozens of articles in leading academic and policy journals in addition to his 2020 book, The American Dream is Not Dead. He is a professor at Georgetown University’s McCourt School of Public Policy and a research fellow at the Institute for the Study of Labor.