The Continuing Struggle of the U.S. Middle Class

The video discusses the current state of inequality in the US, highlighting the challenges of achieving inclusive growth due to slowed productivity and declining manufacturing jobs. It emphasizes the need to address the skills gap and proposes economic reforms, such as using offshore assets to fund skills development. The video concludes by discussing the downsides of globalization and the lack of compelling solutions on the table.

What is one of the major challenges facing the US economy according to the video?

• Enhancing middle-class wealth

• Reducing offshore assets

• Driving more inclusive growth

• Increasing manufacturing jobs

What has been the trend in productivity and manufacturing jobs in the US?

• Productivity has slowed, and manufacturing jobs have declined

• Productivity has remained stable, and manufacturing jobs have increased

• Productivity has slowed, but manufacturing jobs have grown

• Productivity has increased, and manufacturing jobs have grown

What solution is proposed to address the skills gap?

• Increasing taxes on offshore assets

• Creating a national skills development pool

• Reducing the skills gap through education reform

• Enhancing manufacturing jobs

How much money is suggested to be used from offshore assets to fund skills development?

• $2.5 billion

• $250 billion

• $2.5 trillion

• $250 million

What is lacking in the current approach to addressing globalization's downsides?

• A reduction in middle-class wealth

• A focus on increasing offshore assets

• A serious approach to the skills gap

• An increase in manufacturing jobs