Citi's Buiter Sees U.S. Tax Plan as Fiscal Stimulus

The video discusses the changes in nonfarm payrolls since 2000, highlighting demographic challenges such as slower population growth and the need for a new baby boom to return to previous economic trends. It examines wage growth, labor scarcity, and the potential impact of fiscal stimulus on GDP growth. The discussion also touches on the limitations of labor force growth due to lower birth rates and reduced immigration.

How does the speaker view the impact of fiscal stimulus on demand growth?

What are the implications of a lower birth rate and reduced immigration on labor force growth?