CBO Has Underestimated Impact of Tax Cuts, Hassett Says

The transcript covers various economic topics, including the puzzle of high income and economic growth with disappointing consumption, the impact of the trade war on US manufacturing, and the Federal Reserve's rate cuts amidst strong economic data. It also discusses the effects of the 2017 tax cuts on the economy and budget deficit, and upcoming Federal Reserve appointments.

What has been the trend in consumption despite high income and economic growth?

How does the speaker view the relationship between trade reform and U.S. companies manufacturing in China?

What does the speaker believe could happen if the playing field is leveled for U.S. firms?

What are the main factors that the Federal Reserve considers according to the speaker?

What is the speaker's perspective on the accuracy of the CBO's forecasts regarding job growth?

What impact did the speaker suggest the 2017 tax cuts have had on economic growth and job creation?

What does the speaker imply about the relationship between spending and revenue in the context of the budget deficit?