U.S. Economic Growth Picking Up Significantly: Campbell

The video discusses the challenges of corporate tax reform in the US, highlighting bipartisan agreement on the need for reform due to high corporate taxes leading to inversion deals. However, political gridlock makes reform unlikely in the near term. The video also analyzes the US job market, noting strong job growth but a lack of wage inflation, which is expected to persist due to underemployment. Economic growth is projected to increase, with a potential rise in interest rates by late next year.

What is one reason both Democrats and Republicans agree on the need for corporate tax reform?

• Corporate taxes are irrelevant.

• Corporate taxes are well-balanced.

• Corporate taxes are too high.

• Corporate taxes are too low.

What is a consequence of high corporate taxes in the US?

• Lower government revenue

• Higher employment rates

• More inversion deals

• Increased domestic investment

What is the current trend in the US jobs report?

• Decreasing job growth

• Stable job growth

• Strong job growth

• No job growth

Why might wage inflation not occur until later next year?

• Low underemployment rate

• Underemployment rate above the 30-year average

• Immediate economic growth

• High unemployment rate

What economic growth rate is expected for the US in the coming years?

• 1-2%

• 2-3%

• 3-4%

• 4-5%