Blinder Sees Limited Economic Impact From GOP Health Bill

The video discusses the current legislative process in America, highlighting the importance of open practices like public hearings and debates. It critiques the secretive approach taken by Trump, McConnell, and Ryan regarding health care reforms. Professor Blinder argues that these changes have minimal immediate impact on the macroeconomy but could affect public confidence. The discussion also touches on potential economic impacts of other administrative actions, such as trade wars.

What does the speaker suggest about the timing of the negative effects of the proposed health care changes?

What alternative actions does the speaker mention that could have a major impact on the economy?