Tea Party: Instincts Are in the Right Place: Lazear

The video discusses the Tea Party's philosophy and its role in the government shutdown, critiques quantitative easing and its effects on inflation, highlights differences in policy views with Paul Krugman, and shares opinions on Janet Yellen and the value of competition in education.

What was identified as a major issue with the Tea Party's influence on government operations?

• Their foreign policy stance

• The personalities dominating the rhetoric

• Lack of public support

• Their economic philosophy

What was the speaker's view on the effectiveness of quantitative easing?

• It caused significant inflation

• It lost effectiveness after the first round

• It was never implemented

• It was highly effective throughout

According to the speaker, what tool does the Federal Reserve have to manage inflation?

• Increasing taxes

• Paying interest on reserves

• Reducing government spending

• Printing more money

What is a key difference between the speaker and Paul Krugman's perspectives?

• Their views on foreign policy

• Their opinion on healthcare

• Their experience in government

• Their stance on climate change

What is the speaker's opinion on for-profit education?

• It should be government-controlled

• It adds valuable competition

• It should be banned

• It is ineffective