Abby Joseph Cohen Warns of 'Premature' Tax Cut Bets

Abby Joseph Cohen Warns of 'Premature' Tax Cut Bets

Assessment

Interactive Video

Business, Social Studies

University

Hard

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The transcript discusses the economic uncertainties and potential delays in policy implementation under the Trump administration, highlighting fiscal indecision and lack of a clear congressional view on infrastructure. It also touches on the political landscape in Europe and its impact on the global economy, noting the rise of populism. The conversation shifts to the financial crisis's lingering effects on middle-income workers, emphasizing how stagnant family incomes led to increased borrowing, contributing to the crisis.

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2 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

In what ways does the text suggest that the financial crisis has lingering effects?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

What changes in median family incomes are discussed in relation to the financial crisis?

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