AAF's Holtz-Eakin on Upcoming U.S. Jobs Report

The video discusses the potential impact of the Ukraine war on the Federal Reserve's cautious approach to monetary policy, highlighting inflation risks. Douglas Holtz Eakin's theory on inflation attributes it to spending, regulations, energy policy, and supply chain issues. The debate on government spending's role in inflation is explored, with a focus on childcare subsidies and the Build Back Better plan. Budget requests for Ukraine and COVID response are analyzed, emphasizing economic implications. Finally, labor market trends and economic forecasts are examined, noting the mismatch between labor demand and supply.

What are the implications of the proposed $10 billion request for Ukraine on the U.S. budget?

What lessons can be learned from the administration's handling of the pandemic response?

How does the mismatch between labor demand and supply affect the economy?