U.S. Fiscal Deficit Could Top $1 Trillion, David Rubenstein Says

The transcript discusses the fiscal challenges faced by the U.S., including large deficits and growing debt, and how these issues concern the Federal Reserve. It also touches on the political influence of President Trump, particularly his use of social media, and its impact on the Republican Party. The conversation shifts to the U.S. economy's growth rate, potential recession triggers, and the uncertainty surrounding economic forecasts. The discussion highlights the importance of monitoring fiscal policies and political dynamics in understanding economic trends.

What is one of the main fiscal challenges currently facing the US?

• Rising unemployment rates

• Growing deficit and debt

• Decreasing foreign investments

• Increasing trade barriers

How has President Trump effectively used social media in his political strategy?

• By organizing rallies

• By influencing public opinion through tweets

• By creating online petitions

• By launching digital advertising campaigns

What is a potential consequence for Republicans who oppose President Trump?

• Exclusion from party events

• Loss of party funding

• Increased media scrutiny

• Negative tweets from the President

What is the current growth rate of the US economy as mentioned in the transcript?

• 2%

• 3%

• 4%

• 5%

Which of the following is NOT mentioned as a potential risk to the US economy?

• Emerging market corporate debt

• Climate change

• Trade barriers and tariff wars

• Subprime mortgages