The U.S. is awash in inexpensive oil. That's usually been a plus for the economy, because even though energy companies get squeezed, drivers get a break at the pump. Now, that relationship's gotten a bit hairier. Oil producers have slashed jobs and investment, yet consumers haven't picked up the slack you'd expect from more affordable gas. So here's the question: Is cheap oil now bad for the economy? Ryan Sweet, a senior economist at Moody's Analytics, joins Benchmark co-hosts Tori and Dan to discuss.

<p>The U.S. is awash in inexpensive oil. That's usually been a plus for the economy, because even though energy companies get squeezed, drivers get a break at the pump. Now, that relationship's gotten a bit hairier. Oil producers have slashed jobs and investment, yet consumers haven't picked up the slack you'd expect from more affordable gas. So here's the question: Is cheap oil now bad for the economy? Ryan Sweet, a senior economist at Moody's Analytics, joins Benchmark co-hosts Tori and Dan to discuss.</p>

Tariffs, crypto, deregulation, tax cuts, protectionism, are just some of the things back on the table when Donald Trump returns to the Presidency. To help you plan for Trump's singular approach to economics, Bloomberg presents Trumponomics, a weekly podcast focused on the Trump administration's economic policies and plans. Editorial head of government and economics Stephanie Flanders will be joined each week by reporters in Washington D.C. and Wall Street to examine how Trump's policies are shaping the global economy and what on earth is going to happen next.

<p>Tariffs, crypto, deregulation, tax cuts, protectionism, are just some of the things back on the table when Donald Trump returns to the Presidency. To help you plan for Trump's singular approach to economics, Bloomberg presents Trumponomics, a weekly podcast focused on the Trump administration's economic policies and plans. Editorial head of government and economics Stephanie Flanders will be joined each week by reporters in Washington D.C. and Wall Street to examine how Trump's policies are shaping the global economy and what on earth is going to happen next.</p>

Who will win the trade war, and how? If the job market is so strong, why does your paycheck seem so meager? What will drive the economy of the future? Stephanomics, a podcast hosted by Bloomberg Economics head Stephanie Flanders, will take listeners on location each week to answer questions like these and bring the global economy to life.

Trumponomics

Episode 22: Has Cheap Oil Become Bad For The Economy?

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/6adb5d0e-b8ec-430e-825c-ae2b0029cd7d/transcript

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