Reeves answers questions on Trump and Thatcher after university speech

The transcript discusses the causes of populism and economic disillusionment, focusing on the lack of opportunities and inequalities. It highlights efforts by Janet Yellen and President Biden to create jobs in the climate transition, particularly in regions needing economic revitalization. The speaker criticizes past economic strategies and emphasizes the need for balanced growth. The role of the Bank of England in maintaining inflation targets and the importance of economic growth for public services and living standards are also discussed.

What is one of the main goals of Janet Yellen and President Biden's economic strategy?

• To focus solely on urban development

• To turn the Rust Belt into an electric vehicle hub

• To reduce the number of jobs in the Home Counties

• To increase taxes on the wealthy

Which regions are expected to benefit from jobs created by the climate transition?

• Southern England

• London and Manchester

• Grimsby, Effingham, and Hull

• Home Counties

What is the speaker's political stance in reaction to Margaret Thatcher's policies?

• Supportive of Thatcher's deindustrialized strategy

• A reaction against Thatcher's policies

• Indifferent to Thatcher's economic policies

• In favor of replicating Thatcher's strategies

What is the speaker's view on the Bank of England's role in economic policy?

• The Bank should prioritize tax reductions

• The Bank should focus on increasing public expenditures

• The Bank should set interest rates to meet a 2% inflation target

• The Bank should have no independence

According to the speaker, what is crucial for improving public services and living standards?

• Focusing on urban areas only

• Increasing the tax burden

• Reducing government spending

• Growing the economy