Trump's Dynamic Chance to Deliver Debt-Driven Stimulus

The transcript discusses the concept of dynamic scoring, a method used to predict the economic impact of policy changes by feeding them into macroeconomic models. It highlights the Trump administration's unprecedented approach to applying dynamic scoring to various policy areas, including tax, regulatory, energy, and trade plans. The discussion also covers criticisms from Democrats and economists like Doug Elmendorf and Alan Greenspan, who question the reliability of these models. The debate centers on whether dynamic scoring should include both tax cuts and spending, with a focus on infrastructure spending.

What is the primary goal of dynamic scoring as discussed in the first section?

• To make tax cuts appear more affordable

• To increase government spending

• To eliminate fiscal policies

• To reduce the national debt

Which administration is noted for its unprecedented use of dynamic scoring across various plans?

• Obama administration

• Clinton administration

• Bush administration

• Trump administration

What is a major criticism of dynamic scoring according to the second section?

• It only focuses on tax cuts

• It is too expensive to implement

• It ignores the benefits of government spending

• It is not supported by any political party

Who is mentioned as being skeptical about the adequacy of economic models for dynamic scoring?

• Alan Greenspan

• Peter Navarro

• Doug Elmendorf

• David Malpass

What is the main issue with the Trump administration's approach to infrastructure spending?

• Insufficient funding

• Lack of dynamic scoring

• Over-reliance on tax cuts

• Excessive spending