Searching...
22 results for “fiscal policy”
Topic9 mentions across episodes
fiscal policy
Concept7 mentions across episodes
fiscal policy
...alongside fiscal policy, which may change in various directions. But it does feel like the tariffs are sort of an extreme example of that in the sense that they have a big impact on the market. So they have a big impact on financial conditions, and t
41:11 / 42:21
from transcript41:11 – 42:21
...alongside fiscal policy, which may change in various directions. But it does feel like the tariffs are sort of an extreme example of that in the sense that they have a big impact on the market.
40:24 / 41:33
from transcript40:24 – 41:33
...the fiscal deficit in isolation and will reduce economic growth.
6:38 / 7:55
from transcript6:38 – 7:55
...fiscal rules that constrain public sector growth enhancing spending? I do think that it's appropriate to pay attention to the growth of debt. As I said, some growth of debt can be okay, but debt that is growing faster than income, when income's doing
13:30 / 14:32
from transcript13:30 – 14:32
...on fiscal policy. That's not our business. Nonetheless, I'm gonna You're right. Yeah. I know. I know. But when you when you describe those various factors that push the long end up or keep it elevated, could it be that it will be hard to get those ba
50:55 / 52:01
from transcript50:55 – 52:01
that constrain public sector growth enhancing spending? I do think that it's appropriate to pay attention to the growth of debt. As I said, some growth of debt can be okay, but debt that is growing faster than income, when income's doing its best, th
14:11 / 15:16
from transcript14:11 – 15:16
...can you fix a fiscal problem through short term debt management and financial engineering? Right. And the answer is you can't. So, generally, you and and this goes to stuff that both Warsh and Besent complained about in public going into the election
45:45 / 46:45
from transcript45:45 – 46:45
...make those fiscal decisions. I know it's not a decision, but I'm trying to look at it. It matters. Total spending is what matters. So if the government spending goes down and it's what happens is private sector spending goes up to fill that differenc
41:58 / 43:11
from transcript41:58 – 43:11
...policy because the fiscal bill is likely to introduce net stimulus. We're going to get some, you know, uncertain inflation we'll we'll get certain inflation effects from the tariffs. What's uncertain is whether they're one off or persistent. So betwe
24:42 / 25:55
from transcript24:42 – 25:55
...of fiscal stimulus, but a lot of the things on, like, you know, industrial policy, energy, etcetera, when there was widely available labor, when there was widely available raw materials because so much of the economy global economy was slack or in a
44:14 / 45:27
from transcript44:14 – 45:27
...that sort of same unilateral fiscal capacity often.
28:29 / 29:32
from transcript28:29 – 29:32
So under the Trump administration, obviously, there is a stated ambition to reduce spending and make the government more efficient overall. Yeah. Scott Besson, I think he has something the three three three plan. Part of it, I think he wants 3% growt
2:11 / 3:16
from transcript2:11 – 3:16
...policy, you can grow a lot faster. Now if you go to spending, can you pull up the Fred chart on spending? What you see here is that, I mean, it's been kinda going up, but let's say that since the nineteen mid nineteen seventies or so, federal net out
1:12:45 / 1:13:46
from transcript1:12:45 – 1:13:46
...outlook over coming years. And so, for example, tariff revenue. Right? They only just scored this late last week. And by the way, at the request of senator Schumer, you know, you know, that was not included in the score for the one big budget the one
34:30 / 35:34
from transcript34:30 – 35:34
So there are a number I mean, if you look at the recent past, the experience of the pandemic, if you look at the path of the deficit in The US and other countries since then, what we've learned is that governments like to spend, and they've continued
23:58 / 25:01
from transcript23:58 – 25:01
But I guess what I would say to answer your question specifically is that anytime people talk about cuts, there is not a ton of discretionary spending in The, US Government budget. There's the entitlement, Social Security, Medicare, Medicaid, and the
3:43 / 4:52
from transcript3:43 – 4:52
...fiscal spending with the desire and and, obviously, it's been somewhat the risk of stating the obvious has been jarring, but with the desire to try to reduce the current six and a half, 7% of GDP deficit to something lower than that. We've gone from
28:13 / 29:34
from transcript28:13 – 29:34
...could shrink the fiscal deficit in isolation and will reduce economic growth. Who pays that tax is different across different industries and different value chains. So there are clients that Bain has that will have to absorb the full cost of that in
7:35 / 8:36
from transcript7:35 – 8:36
...to reduce fiscal spending with the desire and and, obviously, it's been somewhat the risk of stating the obvious has been jarring, but with the desire to try to reduce the current six and a half, 7% of GDP deficit to something lower than that. We've
27:44 / 28:54
from transcript27:44 – 28:54
And if you can, keep expenses flat or do the unthinkable and cut expenses, then you can really So this is important. So sorry, government revenue as a percent of GDP can go lower if you have lower expenses and a faster growing economy. Yes. I think t
30:00 / 31:11
from transcript30:00 – 31:11
Have a podcast?
Run your podcast through Clypt
Get ranked clips, hooks, and ready-to-post copy from your own episodes. Free to try.