Gap Opens Up Between Jobs and GDP

The video discusses economic stagnation, focusing on wage growth and its impact on consumer spending. It highlights the mystery of stagnant wages despite a tightening labor market and explores the role of productivity and inflation. The potential economic effects of Hurricane Harvey, particularly on gas prices and refining capacity, are also examined.

What potential impact does Hurricane Harvey have on economic growth according to the speaker?

What are the expected short-term effects on gas prices due to the hurricane's impact on refineries?