Millennials Face Lower Standard of Living

The video discusses historical and current economic growth, focusing on median household income and the impact of technology on productivity. It highlights the challenges faced by the current generation in achieving economic prosperity compared to previous generations. The discussion also covers the role of the Federal Reserve in managing economic policy amidst global challenges and the potential for reforms to improve economic conditions.

According to the text, what is the significance of looking at a three or six month moving average in economic data?

What reforms does the text suggest could help improve median income and economic conditions?