NEC's Gary Cohn Says GDP Projections Will Be Beatable

The transcript discusses the potential for job growth in the U.S. due to increased CEO engagement and manufacturing returning to the country. It highlights the administration's realistic approach to GDP growth projections, aiming to under-promise and over-deliver. The discussion also covers the setup of the economic team and the strategies for achieving higher GDP growth through tax reforms and job creation commitments from companies.

What is the expected impact of CEO engagements on American job prospects?

• A decrease in job opportunities

• An increase in demand for American workers

• No change in job prospects

• A shift of jobs overseas

What strategy does the administration plan to use for GDP growth projections?

• Over-promise and under-deliver

• Under-promise and over-deliver

• Match previous administrations' projections

• Ignore GDP projections

What lesson from the Walt Disney Company is applied to GDP projections?

• Expand globally

• Focus on entertainment

• Under-promise and over-deliver

• Increase marketing efforts

What is the current GDP growth projection range for this year?

• 4.0 to 4.5

• 1.0 to 1.5

• 2.3 to 2.4

• 3.0 to 3.5

What factors are expected to help improve GDP growth in the future?

• Decreased consumer spending

• Tax reforms and job creation

• Increased regulation

• Higher interest rates