Joseph Stiglitz Advises Donald Trump to 'Give Up'

The video critiques neoliberal policies, highlighting their failures in deregulation and trade liberalization. It discusses economic inequality, noting that the bottom 90% of Americans have seen stagnant incomes while the top 1% benefits. The speaker hypothetically advises Trump to focus on fiscal responsibility and critiques tax cuts for the rich. The discussion concludes with a focus on tax policies that incentivize American firms to bring jobs back from abroad.

What was one of the main failures of neoliberal ideologies in the 1990s?

• Successful regulation of the banking system

• Failure of self-regulation in the banking sector

• Reduction in trade barriers

• Increased economic equality

Which group has benefited the most from economic growth in the last quarter century in the U.S.?

• The bottom 90% of Americans

• The top 10% of Americans

• Middle-class families

• Small business owners

What is a potential consequence of cutting taxes for the wealthy?

• Increased fiscal deficit

• Stimulation of the economy

• Decreased economic inequality

• Increased government revenue

What does the suggested tax program aim to do?

• Reduce government spending on infrastructure

• Increase taxes on middle-class families

• Provide incentives for firms to bring jobs back to the U.S.

• Encourage firms to invest abroad

What is a key aspect of fiscal responsibility mentioned in the video?

• Increasing taxes for the middle class

• Cutting government spending on education

• Reducing taxes for the wealthy

• Balancing tax cuts with economic stimulation