The Economy by Decade: The 2000s (Part 1)
About this episode
The episode discusses the economic events of the 2000s, including the dot-com crash, 9/11, and the impact of globalization on manufacturing jobs.
The 2000s began with a strong economy, low unemployment, growing globalization, and plenty of optimism left over from the 1990s. Then came the dot-com crash, 9/11, China’s entry into the World Trade Organization, major manufacturing job losses, and a sharp increase in federal debt. We look at how those events reshaped markets, jobs, government spending, and household finances. We decided to stop just before the Great Recession, which is big enough to get an episode of its own. In this episode, we talk about: * What the 2000s inherited from the booming economy of the late 1990s * The economic fallout from 9/11 and the wars that followed * China’s WTO entry, globalization, and the decline of manufacturing employment * How interest rates, household debt, and easy borrowing set the stage for what came next If you liked this conversation, you might also enjoy This Week’s Drinks 🍻 Jadrian finally got the chance to bring out his Pabst Blue Ribbon mixed with Grillo’s pickle juice , timed nicely with the approach of Picklesburgh . Matt went with a Summer Shred Hazy IPA from Ever Grain Brewing Company , which has no connection to the 2000s but was apparently overdue for an appearance…
People in this episode
Hosts: Matt, Jadrian
Mentioned in this episode
Organizations: World Trade Organization
Products: Pabst Blue Ribbon, Grillo’s pickle juice, Summer Shred Hazy IPA, mojito
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