Ask an economist: Is a gas tax holiday a good idea? Weekly economy update
There's a lot of talk about a vacation from the gas tax. Is this a good idea from an economic perspective, or are there hidden pros and cons? Philadelphia economist David Fiorenza breaks down the biggest stories in the economy this week and what they mean for you and me.
The Week in Philly from KYW Newsradio
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Show Notes
Initial claims for unemployment benefits dropped just a bit, but overall the numbers have been staying pretty steady. There are legitimate recession concerns on the horizon, but how unusual is it to have those recession concerns when there's also a labor market that's this hot? There's a lot of talk about a vacation from the gas tax. Is this a good idea from an economic perspective, or are there hidden pros and cons? Philadelphia economist David Fiorenza breaks down the biggest stories in the economy this week and what they mean for you and me.
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