Why Hammond May Fail Those Hoping for Major Stimulus

The video discusses the UK government's focus on supporting working families through modest policy changes, such as childcare support and a slight increase in the National Living Wage. It explores the impact of Brexit on inequality and the government's efforts to address it. The discussion also covers regional investment outside London and concerns about inflation affecting wage growth. Finally, the video delves into the global productivity puzzle, highlighting structural and cyclical factors affecting productivity and potential solutions.

What is one of the key focuses of the government's policies discussed in the first section?

• Increasing taxes

• Expanding public transportation

• Supporting families that are just about managing

• Reducing military spending

Which event is more closely linked to the government's concern about inequality?

• The Olympic Games

• The Paris Agreement

• The Brexit vote

• The Trump election

What is one of the geographical issues the government is aware of?

• The east-west divide

• The northern-southern divide

• The urban-rural divide

• The coastal-inland divide

What economic challenge is associated with the potential return to real wage declines?

• Currency devaluation

• Increased unemployment

• Higher inflation

• Deflation

What is the 'productivity puzzle' mentioned in the third section?

• A resolved economic challenge

• A complex global issue

• A simple economic problem

• A local UK issue