An Economic forecast

Guests: Mark Zandi, Philliip Swagel

President Obama leaves office with an economy mostly recovered from the 2008 recession.  The unemployment rate is at a nine-year low, housing prices are high, average hourly wages are rising, the value of dollar and the stock market are soaring, and US growth is at 3%.  But some people worry about the increasing deficit and rising inflation.  So what will President-elect Trump do with the economy?  He ran on job creation and growth, has promised to renegotiate trade deals, stripe away regulations, and to lower taxes.  This hour, we’ll talk with two economists about how Trump’s policies might affect the economy and look back at Obama’s economic legacy.   Marty’s guests are MARK ZANDI, chief economist of Mood’s Analytics and PHILLIP SWAGEL, professor at the University of Maryland’s School of Public Policy.