We Can Expect a Large Stimulus Bill in the Coming Weeks, Says Pimco's Cantrill

We Can Expect a Large Stimulus Bill in the Coming Weeks, Says Pimco's Cantrill

Assessment

Interactive Video

Business, Social Studies

University

Hard

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The video discusses the President's saber-rattling on China, considering tariffs as a political and economic strategy. It explores the political vulnerabilities of both the President and Vice President Biden, especially in the context of the upcoming election. The transcript also covers Congress's unprecedented pace in passing economic relief bills, highlighting the potential for further stimulus. However, partisan challenges, particularly regarding state aid and liability immunity, may delay future relief efforts.

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7 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What are some motivations behind the President's tough stance on China?

To address criticisms of the federal government's virus response

To strengthen ties with China

To increase imports from China

To support Vice President Biden's election campaign

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How has the sentiment of voters towards China changed according to recent polls?

More negative than ever

More positive than ever

Indifferent

Unchanged

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Why might the President be seen as vulnerable in his position on China?

He has consistently criticized China

He praised China earlier in the year

He has no economic policies

He has strong support from China Hawks

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What has been notable about Congress's response to the economic crisis?

They have focused only on tax cuts

They have passed small spending bills

They have been slow to act

They have acted with unprecedented speed and scale

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is a major focus of the proposed CARES 2.0 bill?

Increasing tariffs on China

Aid to state and local governments

Reducing unemployment benefits

Cutting healthcare funding

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is one of the challenges in passing the CARES 2.0 bill?

Disagreement over liability protections for businesses

Insufficient funding for military spending

Opposition from international organizations

Lack of support from the President

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the expected size of the next economic relief bill?

Around $500 billion

Around $1 trillion

Around $2 trillion

Around $3 trillion