Goolsbee: A 'Dark Heart' in China, Europe Scenarios

The speaker discusses the need for the US to move beyond a crisis mentality and focus on medium-term economic growth. Emphasis is placed on investing in education and skills for long-term benefits. Concerns are raised about economic instability in China and Europe, highlighting potential risks. The impact of political uncertainty, particularly related to the US elections, is also discussed.

What long-term investment does the speaker suggest is crucial for improving wages in the United States?

What concerns does the speaker express regarding the political climate and its impact on the economy?