Episode 98: Is Everything Awful? — with Scott Winship

On episode 98, Charles offers a brief apology to Ohio, and then talks to Scott Winship about whether everything is awful. Has the middle class disappeared? Is it impossible for young people to buy a home? Why do people say that one can have a '1950s living standard if one wants one' when regulations make that tough? Is society worse than it was in the 1950s or 1970s? Is the new poverty line really $140,000? If not, where is it? Is the poverty line a useful measure? Is it likely that there will be a political war between the generations? Is there a 'two income trap'?