Skidelsky: U.S. Recovery Reasonable, but Mediocre

The video discusses the impact of Trump's tax and deregulation policies on the economy, focusing on their potential to stimulate growth. It highlights the importance of business psychology and expectations in economic recovery, noting the need for more stimulus spending. The discussion also covers the job market's challenges and the role of government investment. Finally, it examines Trump's protectionist stance, contrasting it with post-war liberalization trends.

What is the main concern highlighted by Justin Fox regarding the Trump tax?

• It may lead to increased regulation.

• It is becoming less significant over time.

• It could be outweighed by tax decreases.

• It is not a real issue.

What is crucial for the success of Trump's economic policies according to the discussion?

• The level of government spending.

• The number of infrastructure projects completed.

• The amount of tax cuts provided.

• The impact on business psychology and expectations.

What is a significant challenge mentioned in the context of infrastructure projects?

• Lack of funding.

• Projects being too frequent.

• Projects being too few and far between.

• Too many projects being initiated.

How does Trump's protectionism differ from post-war economic trends?

• It focuses on liberalization.

• It promotes globalization.

• It emphasizes America first.

• It supports international cooperation.

What potential outcome is questioned in relation to Trump's protectionist policies?

• An increase in international alliances.

• A return to pre-war economic policies.

• A new world order.

• A decrease in global trade.