U.S. Needs Massive Fiscal Response Up to $1 Trillion: Harvard’s Rogoff
Interactive Video
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Business, Social Studies
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University
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Practice Problem
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Hard
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The transcript discusses the necessity for a significant fiscal response by the US government to address a crisis. It critiques Trump's address for lacking a bipartisan agreement and emphasizes the need for a comprehensive fiscal and health response. The discussion includes protecting economic sectors like airlines and small businesses, and suggests a fiscal package starting from $500 billion to a trillion dollars, focusing on lower-income earners for quick economic impact.
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2 questions
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1.
OPEN ENDED QUESTION
3 mins • 1 pt
What amount does the speaker propose as a starting point for fiscal response?
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2.
OPEN ENDED QUESTION
3 mins • 1 pt
Who does the speaker suggest should be prioritized in the fiscal response?
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OFF
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