Indexing the Capital Gains Tax Would Stimulate the Economy, Says Kingston

The transcript discusses the media's influence on economic perceptions, potential tax cuts, and their impact on the economy. It highlights the role of stock trading in economic stimulation and the President's active monitoring of economic indicators. The discussion also touches on the strength of the economy, citing job creation and stock market records, while questioning the relevance of traditional economic indicators like the yield curve.

What term does the President use to describe the media's portrayal of the economy?

• Lamestream media

• Social media

• Alternative media

• Mainstream media

What economic policy is the President considering that involves capital gains tax?

• Increasing the capital gains tax

• Introducing a new capital gains tax

• Eliminating the capital gains tax

• Indexing the capital gains tax

How might tax cuts affect the economy in the short term?

• Stimulate economic activity

• Decrease trading activity

• Increase unemployment

• Reduce stock market investments

What is the current unemployment rate mentioned in the video?

• 2.9%

• 4.5%

• 5.0%

• 3.7%

What does Janet Yellen say about the yield curve as an economic indicator?

• It is the most reliable indicator

• It is no longer accurate

• It should be the only indicator used

• It predicts a strong economy