Zentner: Trump's Reflation Reach Depends on Worker Pay

The video discusses the impact of wage growth on the economy, highlighting how different types of jobs influence wage increases. It raises concerns about the Trump administration's economic policies potentially benefiting the wealthy more than the general population. Additionally, it examines the effects of reduced consumer debt and an aging population on spending patterns, noting that spending tends to decrease as people age.

What factors are suggested to influence wage growth in the labor market?

What are the implications of creating more service sector jobs on wage growth?

What is the significance of the 'Trump reflation' mentioned in the text?

In what ways has consumer debt changed since the late 1960s?

How does the aging population affect consumer demand according to the text?