Trump Executive Orders Not Enough, 'Unworkable': Moody's Zandi

The transcript discusses the urgent need for a substantial fiscal rescue package to prevent a recession. Economists from different ideologies agree on the necessity of fiscal stimulus to counteract the economic constraints caused by the pandemic. The discussion highlights the challenges in economic forecasting without a clear fiscal policy and critiques the inadequacy of the current proposals. The economic outlook remains uncertain, with potential headwinds from the pandemic and insufficient fiscal measures threatening to push the economy back into recession.

In what ways are conservative and liberal economists in agreement according to the text?

What are the potential consequences if the fiscal rescue is not implemented?